The "someone" does not have insider information. It's all hallucinated information.
Sec 9(1)(a) of the Mental Health Act 2001 is more appropriate.
Section 9. Admission of voluntary patient into psychiatric hospital. (1) A person may be admitted to a psychiatric hospital as a voluntary patient— (a) upon his own request;
Huangbk72 Section 188 of CMSA - Insider Trading
Insider trading or dealing is the purchase or sale of a company's securities effected by or on behalf of a person with knowledge of relevant but non-public material information regarding the company that may affect the price of the company's securities (price sensitive information) if made public.
This is related to claims that :
1) Bursa has SIR results and not releasing it for public for the past 3 weeks. 2) EY has cleared SD of audit issues and "someone" here claimed to have the report. 13/09/2021 4:13 PM
Insider trading or dealing is the purchase or sale of a company's securities effected by or on behalf of a person with knowledge of relevant but non-public material information regarding the company that may affect the price of the company's securities (price sensitive information) if made public.
This is related to claims that :
1) Bursa has SIR results and not releasing it for public for the past 3 weeks. 2) EY has cleared SD of audit issues and "someone" here claimed to have the report. 13/09/2021 4:13 PM
. SD Johan must be mental. All PR and IR experts would advise if there is ongoing investigation, its better to keep mouth shut or no comment umtil results are known.
But he went on air and catalogued in YT to tell everyone that SD got issue found from SIR.
Surprisingly, En. Karim havent send him to jail. .
Home ▼ Sunday, September 12, 2021 Serba Dinamik Goes For Privatisation? Why Not!
Fokus Malaysia, read here post a very good question regarding Serba Dinamik Holding Berhad's current condition in the Bursa Saham's stock market, Can prospect of privatisation be looming in Serba Dinamik Holdings Bhd given that the patience of its major shareholders may be thinning having to watch the company’s share price stagnating at the 40 sen zone since end-July? Noting the rising privatisations by listed companies’ founders or substantial shareholders, there are several reasons for this, mainly concerning valuations.
The founders or owners may have felt the market was not giving their companies a fair value for what they believed or perceived their companies are worth.
This is especially so when these companies’ market capitalisation is lower than their intrinsic value. For example, if the company’s share price is trading below its audited book value per share or its realisable net asset value per share.
Another reason could be poor trading liquidity in the stocks, as it defeats one of the purposes of having a company listed on any stock exchange.
Besides market conditions, founders or owners of companies may look at privatisation to carry out internal restructuring or reorganisation of their various businesses — possibly including those not currently parked under the listed entity — and feel this reorganisation would be best achieved if the company is firstly taken private.
It also makes little sense for companies to maintain a listing if the benefits of higher valuations, access to public capital and brand recognition are unable to outweigh the attendant costs as well as regulatory and public scrutiny.
YTL Group, for instance, has undertaken several privatisations of its listed subsidiaries over the past few years, the latest being YTL Corp’s proposal for YTL Land & Development Bhd in 2019.
YTL Corp took YTL Cement private in 2011 and YTL E-Solutions Bhd in 2016. In May 2019, YTL Corp also bought a controlling 51% stake in loss-making cement maker Lafarge Malaysia Bhd.
Technically, Serba Dinamik’s current valuation is at three times PE (price-to-earnings) compared to the industry’s average at six to seven times while its latest NTA (net tangible asset) value is a mere 1.05.
All this gives credence that privatisation cannot be ruled out given such move will open up prospect of a better return to the company’s major shareholders.
At 10.53 am, September 10, 2021, Serba Dinamik was unchanged at 38.5 sen with 5.92 million shares traded, thus valuing the company at RM1.44 billion.
At the end of the day, it all boils down to valuations. This kind of market is very difficult for a company to stay as a listed company as it does not get the premium valuation that it wanted. at September 12, 2021 Share No comments: Post a Comment ‹ ›
. SD Johan must be mental. All PR and IR experts would advise if there is ongoing investigation, its better to keep mouth shut or no comment umtil results are known.
But he went on air and catalogued in YT to tell everyone that SD got issue found from SIR.
Why bother need to privatise. Share will rocket back to rm 1.60 once SIR out. As management has mention that it did nothing wrong n bussiness is as usual. Only management knw the true value of sd. Im nt asking u to buy or sell. Trade at your own risk.
RM0.37 cent probably mean margins call, for those who still promote the stock must has bought it above RM0.80 cent. What a pity u has lose so much. Kesian mati katak
SINGAPORE: Oil prices rose for a second session on Monday as concerns over shut outpur in the United States, the world's biggest produces, following damage from Hurricane Ida supported the market, along with expectations for higher demand. Brent crude rose 67 cents, or 0.9% to $73.59 a barrel, and U.S. West Texas Intermediate(WTI) crude also added 66 cents or 1% to $70.38 at 0633 GMT.
If you are really a fund manager, I would never invest my money in your company because you have poor stock-picking skills.
InterFund We fund managers only look at weekly and monthly charts........... which is still good........ but I really pity the retailers.......... Karim should at least expedite the process....... we cannot wait already........ if bad news just says it.......... 13/09/2021 5:10 PM
The signs are everywhere. The directors say KPMG queries are small issues. But it seemed to take longer than the required time to resolve simple issues. The chairman lied about his meeting with SC and Bursa. And many more ......
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treatshijau
753 posts
Posted by treatshijau > 2021-09-13 16:45 | Report Abuse
last push for today
could we see same pattern in the upcoming days?