u all too noob la , my fren is the investor relation officer in SBD , I got some info but I wont share it out but the share price can tell....u look at the price then u can get some insight..... bear in mind
Posted by tomtom > Sep 8, 2021 10:15 AM | Report Abuse
In the good period, SB was only at 1.60=1.70, now EPF KWP and many big funds not more buying. Do u think it able to hit 3.00 ..?? -----------------------------------------------------------------------
Cap ayam kounter no FA can hit RM4. Why SD not? think wisely bro
Now SB has consider a Cap ayam counter.. .. 0.50 also be a whimsical price ..
----------------------------------------- tradersampah Posted by tomtom > Sep 8, 2021 10:15 AM | Report Abuse
In the good period, SB was only at 1.60=1.70, now EPF KWP and many big funds not more buying. Do u think it able to hit 3.00 ..?? -----------------------------------------------------------------------
Cap ayam kounter no FA can hit RM4. Why SD not? think wisely bro
EY reports to Bursa/SC not SD. So disclosure or non disclosure in on their court, not SD.
There will be no disclosure on this by SD on the SIR (unless requested by Bursa to do so - see the latest disclosure on status of SIR which was weirdly worded to point that Bursa requested the disclosure).
However, what SD can disclose is, without EY/SC/Bursa approval, the issues pertaining to "revenue, trade debtors, fixed assets, vendors, payables" even on a piecemeal basis.
So far, there is none.
I did not mention SD will be the one doing the disclosure. I specifically mentioned SD case.
There will NOT be piecemeal disclosures.
The whole scope of work by EY are inter-related.
So we just wait for EY findings to see if SD is innocent or guilty.
Huangbk72, sorry but I diagree as this is not how it works where SD can only disclose when the whole SIR report is finished by EY and approved by Bursa/SD. This is not how it works, well at least during my stint doing special audits and dealing with Bursa/SC/Bukit Aman.
Reason being is because the report becomes a "as is basis" i.e. it confirm the issues only rather than confirm the issues and resolved.
However, things may have changed procedurally since my time. .
Ind Director have info guilty but trying to clean up the mess to prop up SD so Malaysia under current system sure bolehlah SD as totally corrupt from all directions as such profit is confirm at this price to level at 1.20
If they really scandal on sales and project.....Based on company valuation and current price, I think is quite acceptable and reasonable price. I believe our Bumiputra here hahahaha
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
Introducing MY's First IPO Fund for Sophisticated Investors!
MQ Chat
New Update. Discover investment communities that resonate with your ideas
MQ Trader
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
MQ Trader 733 views | 3 d ago
0:17
New IPO: An enterprise IT solutions provider that provides implementation services, maintenance, support and professional services, Vetece Holdings Bhd aims to list on the Ace Market!
MQ Trader 685 views | 7 d ago
0:17
New IPO: A manufacturing and trading of biomass fuel products, particularly PKS and wood pellets company, Elridge Energy Holdings Bhd aims to list on the Ace Market!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
tomtom
1,608 posts
Posted by tomtom > 2021-09-08 08:53 | Report Abuse
The only option is swap to other's counters..