Revenue just drop 10% but profit drop 90%. Adjustment to cover the over reported profit form last Q. Guess got time to cover the tracks for the independent reviewer to gave a good outcome. Money talks. Weigh risk to reward. With revenue holding up well, the profit shd return sooner. By the way the sukuk due May 2022 is holding well
"Markets will be keeping an eye out for the US Institute for Supply Management's manufacturing survey and US Personal Consumption Expenditures data due in the US session on Friday," he added.
Meanwhile, Top Glove and Maxis were the top two losers in the benchmark index today, declining by 12 sen to RM2.70 and 15 sen to RM4.54, respectively.
As for other heavyweights, Maybank was flat at RM8.05, Public Bank fell three sen to RM4.04, IHH Healthcare dropped five sen to RM6.65, TNB lost eight sen to RM9.60, while Petronas Chemicals went up four sen to RM8.74.
Of the actives, Sapura Energy, KNM and Serba Dinamik decreased 1.5 sen each to 10 sen, 21.5 sen and 32 sen, respectively, while Kanger International was flat at five sen.
if like that then everything is fine. you see transmile media after red flag by auditor, they suffer big loss. Meanwhile serba still profitable after the adjustment.
U sell something, customer cannot pay, u impair the receivables. U buy stock inventories, inventories damage due to flood, u impair inventories.
But in Fraud counter, they are doing Fraud accounting. Fake sales, Fake profit, Fake receivables, Fake inventories.
U cannot impair something that is not there, or fraudulently stated.
Some more, the account has not be sign off by auditor yet. Therefore, they must reinstate, re-correct and replace all the un-audited quarter's revenue and profit announced previously with new one.
The Most urgent issue here is the big NEGATIVE cashflow couple with MASSIVE "current" Liabilities and with Sub-ZERO cash.
Year 2002? Didn't checked or edit by writer or section panel or the person who posted it.., that showed his work ethics...you want to believe him?.. Happy holiday...wakakaka
@ Honesty So many bystanders trying to create a panic on whatever news in so they can buy cheap tickets!! An old school tactic~~
They are not bystanders but they share the real experience with share holder so that they can take back some capital before too late , just like glove counters , i am a victim also , some people lost 200k until fear to tell family the truth , it s really like a hole without bottom when drop into it !
If the SIR really fail then the price will become 0.005 or simply call it toilet paper ! Not a joke man !
Posted by NatsukoMishima > Oct 2, 2021 1:42 PM | Report Abuse
They are not bystanders but they share the real experience with share holder so that they can take back some capital before too late , just like glove counters , i am a victim also , some people lost 200k until fear to tell family the truth , it s really like a hole without bottom when drop into it !
If the SIR really fail then the price will become 0.005 or simply call it toilet paper ! Not a joke man !
Good idea to take back some capital before it vanishes...
PSAi3alert ni pandai tau. Dia tgk Karim dah mula beli balik saham. Dia tau org akan start observe next move saham ni dan akan ada yang start beli. Hhahahaha cepat-cepat dia keluarkan cerita dongeng dia. Supaya yang ada intention nak beli start ragu-ragu dan takut. Hahahaha lawak betul la. PSAi3alert timing ko tak betul dowh. org boleh baca tektik.
Izokse. Inii bkn kali pertama karim beli saham. Sdh 3 x. 0.465 sdh lupa ke? Apa jadi harga hari ne? Karim beli saham byk sb. Mungkin sdh nk kena force selling pun tk tentu. Lagi beli amaun yg kecil shj. Sy suka borak2 bg pendapat sy shj. Jgn sesekali percaya apa sy kata itu benarcatau salah.
if serba has so many things to hide o. why sue kpmg?
suing kpmg will let more parties n lawyers go thru all the details even more properly. this will definately expose the bad cans of worms out in the open mah...serba not takut?
unless...something is not what it seems hmmm.....
a thief will definately hide from the law mah....no meh?
SD don’t agree with KPMG findings KPMG requested SD to appoint EY as reviewer SD don’t agree with KPMG request KPMG goes to SC/Bursa with findings SD don’t agree with KPMG going to Bursa SD then forced to appoint EY as SIR.
If SD is clean, appoint EY upon KPMG request. Then end of story. No need to take long cut and make things worse.
SD in making wrong steps in the beginning are eating the bad fruit they planted
Limit up or limit down... we will all gradually know shortly. And it's likely, EY will get sued by KPMG if they reported that KPMG was negligent and had erred in their audit on SD's financial status.
EY gets sued by KPMG if findings against KPMG or EY also gets sued by SD if findings against SD
Like that why EY take up this job?
Epic !!! Classic !!!
Trader258 Limit up or limit down... we will all gradually know shortly. And it's likely, EY will get sued by KPMG if they reported that KPMG was negligent and had erred in their audit on SD's financial status. 02/10/2021 4:14 PM
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Posted by dp_pupi > 2021-10-02 00:35 | Report Abuse
Wow.karim buying????