Posted by risekita8 > 2021-09-14 17:14 | Report Abuse

Is there any sign or indication when Nexus will come out with their report?

By the way it is Nexus, not Nexis

Posted by UncleFollower > Sep 14, 2021 4:42 PM | Report Abuse

there is almost no doubt nexis will approve serba...which makes it so odd again in view of the SIR

Posted by dianatrader > 2021-09-14 17:23 | Report Abuse

Yes. KPMG didn't highlight about the cash balance that SD have.

It means that SD really have that amount

Posted by UncleFollower > Sep 14, 2021 4:45 PM | Report Abuse

KPMG did not raise issues with cash balance so they do have 1B cash in hand

Posted by dianatrader > 2021-09-14 17:23 | Report Abuse

Based on what reason you call this is con counter?

Posted by JaneTan68 > Sep 14, 2021 4:44 PM | Report Abuse

con counter !!!!1!

Posted by alieyasmart > 2021-09-14 17:34 | Report Abuse

Wah, already 90 MIL trades today?

Shopping day?

SERBADK]: SERBA DINAMIK HOLDINGS BHD

Last Price Today's Change Day's Range Trading Volume
0.36 -0.01 (2.70%) 0.35 - 0.38 90,856,400

Posted by Gerrardo > 2021-09-14 17:35 | Report Abuse

Soon, he will queue to buy back. Trust me

Posted by UncleFollower > Sep 14, 2021 4:43 PM | Report Abuse

then u see awang force sell also very odd...last round at that range no force sell. so he withdrew cash after last round share rebound???

Posted by risingstar21 > 2021-09-14 17:40 | Report Abuse

And SD still manage to handle their price very strong despite the bad reports from KPMG


UncleFollower
488 posts
Posted by UncleFollower > Sep 14, 2021 4:45 PM | Report Abuse

if they did that maybe serba 20 cents now lol

Posted by risingstar21 > 2021-09-14 17:42 | Report Abuse

If this is true, SD has to survice through this challenges now

Posted by Huatexpert > Sep 14, 2021 4:57 PM | Report Abuse

Clarity of the SIR is in Q4 2021.. So no news for Serbak now except force selling or margin call if the price continue to drop... Current sentiment more bias towards negative. the longer drag of SIR give pp perception the Audit is more complicated than you think. Could be more dig out from the SIR, may need to dig few yrs back Acc to verify... IMO

Posted by Beautyseeker > 2021-09-14 17:45 | Report Abuse

I predict that it will bounce back on 0.35

Posted by Sneakpeek > Sep 14, 2021 5:10 PM | Report Abuse

Back to 32c soon..maybe this week can get

Posted by Beautyseeker > 2021-09-14 17:46 | Report Abuse

The strong support could be at 0.35

Posted by IronShirt > Sep 14, 2021 5:03 PM | Report Abuse

0.355 is NOT a strong support....forced selling stop at 0.360....follow thru' selling by ikan Bilis
drop SB to 0.355...Tomolo could a wake-up call for many whose margin call price tag at 0.360.
Another Red Day possible

Posted by Creszz > 2021-09-14 17:47 | Report Abuse

ahahaha next drop 0.31 then will drop further,. no point to collect at this price bcos will drop more. those report from EY will not make the share price jump to where it was before and there are alot of ppl trapped above, everytime it tries to move upward, it will drop more the next few days as alot will minimize cut loss or try to get breakeven. Learn to read the chart and candles not chase news and people spread news in forum haha, every candles represent buyers & sellers. might as well hit 20cent+ and stagnant. FA doesnt apply serbadk lololol.

Posted by wolfbroker > 2021-09-14 17:49 | Report Abuse

Have you sell yours?

If yes, ok then please go to other counter

Posted by JaneTan68 > Sep 14, 2021 5:03 PM | Report Abuse

selling my shares now !!!1 really bad feeling !!!111!!

Posted by wolfbroker > 2021-09-14 17:50 | Report Abuse

Really can't understand still got people trades based on 'FEELING'

Posted by Godofgambler > 2021-09-14 17:55 | Report Abuse

Soon will crawl back to Rm1.00

Posted by Depeche > 2021-09-14 18:09 | Report Abuse

JaneTan68....u should forget about investing in stocks... sure lose all your money

Posted by SinGor > 2021-09-14 18:32 | Report Abuse

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3192770

Everybody was Chun-Chun on Forced Sell....3,700,000....Tomolo sure another Red Day bcos
many holding at 0.360 is wobblying tomolo

Posted by solomolo > 2021-09-14 18:38 | Report Abuse

singor....date 14/9 today lorh...tomorrow i think the price up..just think okay...haha

Posted by solomolo > 2021-09-14 18:39 | Report Abuse

date change 14/9

Posted by izoklse > 2021-09-14 18:40 | Report Abuse

no la. Everybody already expected force selling. So tomorrow business as usual. But the thing is what surprise me is this shareholder really holding tight to their share. They not selling any of their share and let the force selling continue. Really surprise me. Is it because they have confident on serba or there are other plan for this shareholder which Karim ask them to just hold to whatever they have. Really really interesting.

Posted by lassy > 2021-09-14 18:42 | Report Abuse

Forced selling by financial institutions is more like a legal way of short selling because the boss can buy back at a LOWER PRICE. Forced sold on 40sen and now buy back at 35.5 sen. WHAT A BIG GAIN and innocent investors taken for a RIDE playing CONTRA. Surely the bank will notify them before selling the share off and one interesting point is Directors can afford to buy back the shares at 80sen but cannot TOP UP the amount to avoid FORCE SELLING.Who in the investing world will believe this

Posted by SinGor > 2021-09-14 18:43 | Report Abuse

But 70mil Seller follows 3.7mil forced Sell....HUGE number my Man

Posted by Jay_bossy > 2021-09-14 18:46 | Report Abuse

Bursa red day

Posted by Depeche > 2021-09-14 18:49 | Report Abuse

3.7m shares force sold... is there going to be more?

Posted by i3lurker > 2021-09-14 18:50 | Report Abuse

sure

when shares drop to 30 sen

more forced sale


Posted by Depeche > Sep 14, 2021 6:49 PM | Report Abuse

3.7m shares force sold... is there going to be more?

Posted by Gerrardo > 2021-09-14 19:11 | Report Abuse

Everybody expect for selling.

But big players, sharks expect to grab at very low.

2 different views

Posted by izoklse > Sep 14, 2021 6:40 PM | Report Abuse

no la. Everybody already expected force selling. So tomorrow business as usual. But the thing is what surprise me is this shareholder really holding tight to their share. They not selling any of their share and let the force selling continue. Really surprise me. Is it because they have confident on serba or there are other plan for this shareholder which Karim ask them to just hold to whatever they have. Really really interesting.

Posted by shybutter > 2021-09-14 19:12 | Report Abuse

Let see if this really happen.

Force sell or grab buy

Posted by i3lurker > Sep 14, 2021 6:50 PM | Report Abuse

sure

when shares drop to 30 sen

more forced sale


Posted by Depeche > Sep 14, 2021 6:49 PM | Report Abuse

3.7m shares force sold... is there going to be more?

Posted by SinGor > 2021-09-14 19:23 | Report Abuse

The way forced selling Vol. and price...I think none of Karim's man including himself are Not
born Rich...They depend on Bank Margin Account to Buy their Shares. This is typical How Dato
become Rich in Asset but poor in Cash ( all given FREE )

Posted by InterFund > 2021-09-14 19:23 | Report Abuse

So whose 50 mil shares throwing today................? Dark hands fail take over...........?

Posted by alenac > 2021-09-14 19:27 | Report Abuse

The best possible opportunity to re-bounce will be next week. If still cannot be, too bad all the way down. Resistance and forced selling are ongoing.

Posted by solomolo > 2021-09-14 19:32 | Report Abuse

i think tomorrow or next week will rebounce back..look likes problem settle...haha

https://www.majalahlabur.com/saham/apa-itu-margin-call-dan-forced-selling/

Mungkin kita tidak pernah atau pun jarang mendengar terma Margin Call dan Forced Selling ini kerana ia tidak melibatkan pelabur yang menggunakan akaun cash atau tunai. Ini bermakna kita boleh beli saham setakat mana modal yang ada dalam trading account kita. Kalau kita ada modal sebanyak RM5 ribu, makan kita hanya boleh beli saham sehingga RM5 ribu.

Manakala Margin Call Dan Forced Selling hanya terpakai bagi mereka yang mempunyai margin account. Pengguna dikehendaki mengekalkan sejumlah ekuiti sebagai cagaran bagi saham yang dimiliki.

Sekiranya harga saham yang dimiliki jatuh sehingga satu paras yang ditetapkan, pelabur dikehendaki untuk menambah jumlah ekuiti bagi mengekalkan pegangan saham tersebut.

Jika pelabur gagal membuat penambahan ekuiti, syarikat broker berhak untuk membuat jualan paksa atau pun dikenali sebagai forced selling untuk mengelakkan kerugian di pihak broker.

Posted by InterFund > 2021-09-14 19:36 | Report Abuse

Awang no money one or really want to dump his shares...............?

Posted by lassy > 2021-09-14 19:36 | Report Abuse

FORCED SELLING is cari makan time, DON'T TELL ME the boss doesn't know his shares will be FORCE SOLD, nevermind la to them just buy back CHEAPER in 2 days time after force selling

Posted by solomolo > 2021-09-14 19:37 | Report Abuse

i think DATO' AWANG DAUD BIN AWANG PUTERA account had problem thats why forced sell

Posted by alenac > 2021-09-14 19:42 | Report Abuse

Could be anticipating more price decline?

Posted by SinGor > Sep 14, 2021 6:43 PM | Report Abuse

But 70mil Seller follows 3.7mil forced Sell....HUGE number my Man

Posted by solomolo > 2021-09-14 19:46 | Report Abuse

maybe serbadk staff also buy share problem wtih a margin acc...thats why lot forced sell...also panic sell...i think okey...haha

Posted by solomolo > 2021-09-14 19:51 | Report Abuse

overall..today bank just collect their money lorh....haha

Posted by Depeche > 2021-09-14 19:59 | Report Abuse

October is 2 weeks away.... operator still has time to press price down.... go ahead...I don't mind averaging at 0.305... my entry price only 0.4x.

Posted by paulthesotong > 2021-09-14 20:10 | Report Abuse

When will these guy got fired? Where else he going to find a job? Maybe at Pizza Hut at rm5.77 hourly .

Posted by Godofgambler > 2021-09-14 20:48 | Report Abuse

Problems settle.. Read the latest pdf news about serba

Posted by InterFund > 2021-09-14 20:55 | Report Abuse

What pdf........................?

Posted by UncleFollower > 2021-09-14 20:58 | Report Abuse

Awang's force sell quantity is so small it does not contribute to the fall...more like the other way. Exit of the instituitional funds the last round allowed operators to accumulate large number of shares on sale, just look at the sheet vol...If they are in control it's very dangerous for Karim&co. They can keep driving it down below 30c force Karim's bank to sell and they buy on the cheap. We have seen that clearly happening to KYY back in Dayang...

Posted by i3lurker > 2021-09-14 21:01 | Report Abuse

less than 10 sen is possible

Posted by UncleFollower > 2021-09-14 21:01 | Report Abuse

If there are rumours there aren't any from a reliable source yet...what i meant is if serba's problem is limited to those issues raised by KPMG then serba is ok at this price. At this juncture it looks like whatever the SIR outcome it's going to be better for share price.


dimmubroker From where the rumors that EY already confirmed KPMG report come out actually?

Did i miss the train?

Posted by UncleFollower > Sep 14, 2021 4:40 PM | Report Abuse

if the issues are only just as serba announced then even if EY concurs with KPMG serba is worth way more than this
14/09/2021 5:08 PM

Posted by UncleFollower > 2021-09-14 21:02 | Report Abuse

Karim&co. so cash tight it makes sense to declare dividends to shore up their personal finances...but we have seent his played out before. So long as trust issues not resolved, any attempts to use dividends, declare good news or contract wins, share buybacks, director buybacks...all only lead to sharks pushing it lower...

Posted by i3lurker > 2021-09-14 21:05 |

Post removed.Why?

Posted by risekita8 > 2021-09-14 21:13 | Report Abuse

This is what they usually do.

Posted by lassy > Sep 14, 2021 6:42 PM | Report Abuse

Forced selling by financial institutions is more like a legal way of short selling because the boss can buy back at a LOWER PRICE. Forced sold on 40sen and now buy back at 35.5 sen. WHAT A BIG GAIN and innocent investors taken for a RIDE playing CONTRA. Surely the bank will notify them before selling the share off and one interesting point is Directors can afford to buy back the shares at 80sen but cannot TOP UP the amount to avoid FORCE SELLING.Who in the investing world will believe this

Posted by kamirise360 > 2021-09-14 21:17 | Report Abuse

As i remembered, last call by Public Bank was to Buy/Hold

Let see what will be their latest call

Posted by Huatexpert > Sep 14, 2021 9:05 PM | Report Abuse

Public Mutual Berhad fund still holding 84 mils serba shares as on 31 Aug 2021... i think they also need justify should sell or hold...

Posted by Sslee > 2021-09-14 21:18 | Report Abuse

Companies Act 2016.
Dividends – Directors be Aware of Solvency
When the directors declare dividends, they must now be aware of the new solvency requirement. The company must be able to meet its debts for 12 months after the pay-out of the dividends. If there is a breach of this new solvency requirement, the directors then face the risk of personal liability, both under criminal action and civil action.

Posted by Beautyseeker > 2021-09-14 21:25 | Report Abuse

Wow. So much money they got?

I also want to be their staff if like that

Posted by solomolo > Sep 14, 2021 7:46 PM | Report Abuse

maybe serbadk staff also buy share problem wtih a margin acc...thats why lot forced sell...also panic sell...i think okey...haha

Posted by i3lurker > 2021-09-14 21:27 | Report Abuse

Index been down for 3 straight days

dun be silly

they just lost their underwears,
now all naked with swinging dicks for you to cut off the low hanging fruit, the banana.

Posted by ken2004 > 2021-09-14 21:29 | Report Abuse

Think it is already expected bad news awaiting else won't be so long the report been withhold that make us think what if counter will be suspended due to this....