Posted by i3lurker > 2021-09-14 21:29 | Report Abuse

this lah

that lah

here lah

there lah

they just lost money

index been down

Posted by prince11 > 2021-09-14 21:30 | Report Abuse

50 50

Posted by alieyasmart > 2021-09-14 21:33 | Report Abuse

It may also become more buying

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 abang_misai > 2021-09-14 21:41 | Report Abuse

susah lor. margin calls. banks force sold director's shares.

Posted by i3lurker > 2021-09-14 21:45 | Report Abuse

dun worry
no worries
Public Mutual can always sell it when share is 1 sen

Posted by wolfbroker > 2021-09-14 22:40 | Report Abuse

Bursa always red

Posted by Jay_bossy > Sep 14, 2021 6:46 PM | Report Abuse

Bursa red day

Posted by dimmubroker > 2021-09-14 22:43 | Report Abuse

Everyone want this.

Still waiting from EY

Posted by IronShirt > Sep 14, 2021 5:08 PM | Report Abuse

Get SIR out immediately will stabilise price. Or else blood bath again and again due to margin call

Posted by hanna20 > 2021-09-14 22:44 | Report Abuse

Big players are waiting

Posted by InterFund > Sep 14, 2021 7:23 PM | Report Abuse

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

Posted by hanna20 > 2021-09-14 22:46 | Report Abuse

Tomorrow let see how many numbers queuing at SD

Today transactions reach up to 90 millions.

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 wongchin > 2021-09-14 22:54 | Report Abuse

Whole bursa stock share price slump. Sd is also one of them. Lets see the market hw sd tomorrow. Will it rebound or continue red??

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

Bursa up also SD remained stagnant sideways.

Posted by wongchin > Sep 14, 2021 10:54 PM | Report Abuse

Whole bursa stock share price slump. Sd is also one of them. Let's see the market how sd tomorrow. Will it rebound or continue red??

Posted by i3lurker > 2021-09-14 23:27 | Report Abuse

need more time

by December most of the Big Boys would have managed to do a turning over operation
and magically dump their shares off to Suiyee Sucker Bilis

Posted by dp_pupi > 2021-09-15 00:43 | Report Abuse

Guys bila LU???

Posted by Huangbk72 > 2021-09-15 07:34 | Report Abuse

To refresh everyone memory here..

Heavy accumulation by sharks between 32-34. Check back trade volume history and u will see.

Force selling is small issue now unless chef Karim stocks being sold.
For now shark dumping is the main concern.

The end game is near now.

Either way, good luck

My mantra:

1) EY will confirm KPMG findings
2) Don’t be in same room when shit hits the fan.

Posted by bullmarket1628 > 2021-09-15 08:00 |

Post removed.Why?

Posted by hijau belalang > 2021-09-15 08:17 | Report Abuse

morning
is it better today?

Posted by hijau belalang > 2021-09-15 08:19 | Report Abuse

has everyone buy or sell yesterday
quite huge movement
better to stay stable

Posted by solomolo > 2021-09-15 08:32 | Report Abuse

Today Karim must up the prices...thats all....haha

Posted by hijau belalang > 2021-09-15 08:37 | Report Abuse

waiting for the price to go up
quite long to stay low
maybe today can boom

Posted by hijau belalang > 2021-09-15 08:38 | Report Abuse

whoever can increase the price is great
everyone happy
more will buy

Posted by pearlwhite > 2021-09-15 08:41 | Report Abuse

.
I believe this will bring cheers by certain groups of individuals here. They may be hoping for a double whammy to happen. This is their wish anyhow.

Note : @31/3/2021, Ireka share price circa 31 sen. After that stayed around 62 sen even after qualified report.

Funny how market works.

If lah your wishes is this...

https://www.theedgemarkets.com/article/irekas-auditor-flags-material-uncertainty-over-its-ability-continue-going-concern

KUALA LUMPUR (Aug 30): Construction and property group Ireka Corp Bhd's external auditor Messrs Crowe Malaysia PLT has expressed a qualified opinion with indication on material uncertainty on its ability to continue as a going concern in view of its audited financial statements for the financial year ended March 31, 2021 (FY21).

In its auditors' report filed by Ireka with Bursa Malaysia today, Crowe Malaysia said it was unable to obtain sufficient appropriate audit evidence on the carrying amount of the group's investment in Aseana Properties Ltd and its subsidiaries (ASPL Group) as at March 31, 2021 and the group's share of ASPL Group's profit after taxation for FY21 because it was unable to obtain access to the financial information, management, and the auditors of ASPL Group within the audit period.

Consequently, it was unable to determine whether any adjustments might have been found necessary to these balances.

Crowe Malaysia also highlighted that as a result of the movement restrictions imposed throughout Malaysia due to the Covid-19 pandemic, Ireka management was unable to provide the documentary evidence required for certain trade and other receivables and trade and other payables of a subsidiary as they were not able to operate during that period.

As such, the auditor was unable to obtain sufficient appropriate audit evidence in the following balances relating to the financial statements of a subsidiary as at March 31, 2021:
i. The amount to the financial statements on trade receivables amounting to RM62,201,573;
ii. The amount to the financial statements on other receivables amounting to RM48,496,474;
iii. The amount to the financial statements on trade payables amounting to RM148,518,448; and
iv. The amount to the financial statements on other payables amounting to RM9,375,034.

"Consequently, we were unable to determine whether any adjustments might have been found necessary to these balances," said Crowe Malaysia.

The auditor also drew attention to the group's basis of preparation to the financial statements for FY21, which indicated that Ireka incurred a net loss of RM25.08 million in FY21 and, as of that date, the group's current liabilities exceeded its current assets by RM40.24 million.

"These events or conditions... indicate that a material uncertainty exists that may cast significant doubt on the group's ability to continue as a going concern. Our opinion is not modified in respect of this matter," said Crowe Malaysia.

Meanwhile, Ireka said its shareholders' equity was reduced to RM59.6 million in FY21, from RM79.3 million in FY20, due to losses recorded during the year. This is less than 50% of the issued share capital of the company.

However, Ireka will not be classified as a Practice Note 17 company and will not be required to comply with the related obligations, in line with the relief measures implemented by Bursa Malaysia from April 17, 2020 to June 30, 2021.

"In order to address the situation, the management is in the midst of undertaking various strategic corporate exercises to improve the financial position of the company, as well as repositioning it within the industry. To date, 18.67 million shares were issued raising approximately RM11.3 million," it said.

"In addition to the fundraising exercise and a change in business model, the company is also in discussions to dispose of its equity stakes in its non-construction business subsidiaries and associates in order to raise capital and streamline its business operations. This will enable the company to focus its efforts on strengthening its financial health and rebuilding its industry's position, while ensuring a successful completion of its ongoing transformation exercise.

"Barring unforeseen circumstances, the board expects to regularise its financial position by early 2022," Ireka added.

Ireka shares closed up 0.5 sen or 0.81% at 62.5 sen today, bringing a market capitalisation of RM122.63 million.

https://www.theedgemarkets.com/article/irekas-auditor-flags-material-uncertainty-over-its-ability-continue-going-concern

Posted by joyvest > 2021-09-15 08:42 | Report Abuse

You though it is very cheap now but the cheapest has yet to come.....

Your continuous averaging is larger than your loss

Posted by pearlwhite > 2021-09-15 08:46 | Report Abuse

.
All they need is just replace Ireka with Serba Dinamik in theedge's news article.

Easy.
.

Posted by hijau belalang > 2021-09-15 08:49 | Report Abuse

some may urge to buy
some may force to sell
which is depends on own preference

Posted by Bgt 9963 > 2021-09-15 08:50 | Report Abuse

Down trend....

Posted by hijau belalang > 2021-09-15 08:50 | Report Abuse

before trading started, many news already
just have to ensure for the best interest
increase price?

Posted by InterFund > 2021-09-15 08:55 | Report Abuse

green candle indicates reversal........ sminem will takes over from bogdanoff from today onwards..........

Posted by InterFund > 2021-09-15 08:56 | Report Abuse

Awang knows he can get cheaper...........

Posted by lassy > 2021-09-15 09:00 | Report Abuse

Do you know how much AWANG make FORCE SELLING a few millions share at 40sen on 8TH SEPT.and bought it back yesterday for 35.5 sen. and maybe buying it back for 34sen today, ONLY THEY KNOW this type of transactions cannot be AUDITED, HAHA maybe only la.

Posted by tomtom > 2021-09-15 09:00 | Report Abuse

Haha habis awang force sell again...no $ and no confidence already, when will be karoooom

Posted by tomtom > 2021-09-15 09:02 | Report Abuse

Director also force sell what else Ikan bilis ?? sell sell dump it

Posted by muhfiq > 2021-09-15 09:02 | Report Abuse

Lets trade

How the performance?

Will more buying?

Posted by tomtom > 2021-09-15 09:04 | Report Abuse

No eyes see lol..

Posted by tomtom > 2021-09-15 09:05 | Report Abuse

Wang no $ how to buy back ? and no confidence as well..

Posted by muhfiq > 2021-09-15 09:09 | Report Abuse

Looking at trend we can see the outcome

Maybe some will hold

Will anyone continue buy?

Posted by muhfiq > 2021-09-15 09:10 | Report Abuse

Majority are exploring the market

Maybe some will continue to do so

Anyone do the opposite?

Posted by muhfiq > 2021-09-15 09:11 | Report Abuse

IS there any force selling again?

Something is happening

How is the outcome when close later

Posted by GoodBoy > 2021-09-15 09:14 | Report Abuse

Who is selling so early in the morning ? ...

Posted by tomtom > 2021-09-15 09:17 | Report Abuse

Morooom going to FS

Posted by Loading > 2021-09-15 09:20 | Report Abuse

everyday is better, but is better dont buy first :)

KawKaw ~ CunCun ~ to the Moooon ~

q buy 1 biji @ 0.305 :)

Posted by pearlwhite > 2021-09-15 09:24 | Report Abuse

.
No Off Market transactions for SD on 14/9/2021.

Could be now direct offload in market.
.

Posted by muhfiq > 2021-09-15 09:25 | Report Abuse

Some might take to sell first

Some might buy

Some might hold first

Posted by Speedrc > 2021-09-15 09:26 | Report Abuse

maybe IDSS .....

Posted by muhfiq > 2021-09-15 09:26 | Report Abuse

So early but huge price movement

Maybe we can see more progress along the day

Hope for the best

Posted by eat9797 > 2021-09-15 09:26 | Report Abuse

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

Posted by eat9797 > 2021-09-15 09:27 | Report Abuse

How many times still need force selling?

Posted by Huangbk72 > 2021-09-15 09:34 | Report Abuse

When break below 40c.. many many times, force selling will take effect.

Posted by lassy > 2021-09-15 09:36 | Report Abuse

Please do not PITY AWANG forced selling and in fact he is laughing ALL THE WAY to the bank. Selling at 40sen and buying back. at 35sen today and maybe at 34sen later in the afternoon session. WHO KNOW ?

Posted by williamtkb > 2021-09-15 09:40 | Report Abuse

Big funds risk management. Lower risk before good or bad news coming. On hands only profit tickets now. Dropped to 0.005 also never mind. Let profit floating up and down first.

Posted by Huangbk72 > 2021-09-15 09:42 | Report Abuse

i think you need to get more information on Margin Financing for Stocks. There are margins, cost and terms and conditions attached.

No one will be able to laugh all the way to the bank if under forced selling condition.


lassy Please do not PITY AWANG forced selling and in fact he is laughing ALL THE WAY to the bank. Selling at 40sen and buying back. at 35sen today and maybe at 34sen later in the afternoon session. WHO KNOW ?
15/09/2021 9:36 AM