Posted by leno > 2021-10-03 21:20 | Report Abuse

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.

BANCRUPTCY is imminent.

Posted by Superbull88 > 2021-10-03 22:38 |

Post removed.Why?

Posted by i3lurker > 2021-10-03 23:05 | Report Abuse

end game

might even be Game Over ... starting ..... few hours time...

Posted by i3lurker > 2021-10-03 23:15 | Report Abuse

its end game
end game coz operations absorbed cash of RM235 million

just to maintain ego
and maintain high share price Serba borrowed money to pay dividends of RM232 million

thats RM467 million flushed down the toilet bowl without sound

very smart of KPMG to resign........

kakakakakakaka

Posted by wongchin > 2021-10-03 23:34 | Report Abuse

SIR not out yet already silly cheering. Wait SIR out cry dry tears. Ham to mo gan lui. My advice never be over confident with unsure result. The more higher u aim the harder u fall down. Hehe my opinion only.

Posted by dp_pupi > 2021-10-04 00:59 | Report Abuse

TP 1.50???

Posted by VTrade > 2021-10-04 06:21 | Report Abuse

Oil looking to achieve 80 ?

Posted by abc123_2020 > 2021-10-04 06:38 | Report Abuse

Below 0.300 this week?

Posted by Huangbk72 > 2021-10-04 06:50 | Report Abuse

@i3lurker

Even KPMG resigned, they are still liable for accounting done past years.

If EY confirms KPMG findings, they may see much fireworks later.

Posted by Mabel > 2021-10-04 07:29 | Report Abuse

#Superbull88 Mabel is ơne of super sohchai , brain crash , u lubang busuk , ask ppl hold ,

Problem company ask ppp hold , ppl trade uptrend stock , lu trade downtrend stock
Lu boddddohhhhh…. Kah. ?

Lu punya trade record , sudah tau , earn 1k , loss 5 k ,

Lu cari makan , why no KGB -wa ,Cari makan ?

Your brain already short circuit , or Serbadk jlIlat lubang u ,cannot make u excited. ?
03/10/2021 10:38 PM

Ya kah?

Ask you to attend classes, you play truant..

Now don't know how to read...

You sure you know how to count?

Meow

Stock: [SERBADK]: SERBA DINAMIK HOLDINGS BHD

Oct 3, 2021 9:01 PM | Report Abuse

October will be an exciting month...

If you can hold wait lar..
If cannot tahan sell lor...

Your emotion depends on how much you are still holding..

Meow

Posted by abang_misai > 2021-10-04 08:13 | Report Abuse

The more he accumulated, small drop means margin calls will be triggered waiting for him

Posted by hijau belalang > 2021-10-04 08:52 | Report Abuse

morning
how the prediction for this week?
become better?

Posted by pearlwhite > 2021-10-04 08:52 | Report Abuse

.

Yeap, seems like @30/6/2021 accounts, more than 90% of receivables is less than 30 days (or not due).

That should be impaired immediately.

leno 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.

BANCRUPTCY is imminent.

Posted by pearlwhite > 2021-10-04 08:54 | Report Abuse

.
A Statement of Action from the Supporters of CEO Karim and Serba Dinamik Berhad.

We have been aware and would officially state that we will deny and prevent the hostile takeover of Serba Dinamik Berhad through guerilla tactics.

We the mutual and institutional funds and retail investors in support of CEO Karim and Serba Dinamik Berhad would ensure that the current Board and Management and great team at Serba Dinamik Berhad would continue in the foreseeable future.

We will maintain more than 2/3 of overall share support for CEO Karim and Serba Dinamik Berhad.

Thank you.

==========================

Just a recap of the shareholding persons/entities in SD.

Name % Shareholdings

Mohd Abdul Karim bin Abdullah 20.90
Abdul Kadier bin Sahib 16.18
Unknown Shareholder 1 * 8.80
Unknown Shareholder 2 * 4.62
Employees Provident Fund Board 4.97
Kumpulan Wang Persaraan (Diperbadankan) 4.53
Permodalan Nasional Berhad (PNB) 4.34
State Financial Secretary, Sarawak 3.38
SBB Dana Al-lhsan 1.45
Lembaga Tabung Haji 1.39
Public Islamic Select Enterprises Fund 1.29
Public Mutual Berhad 0.98
Other Institutional Funds (Minimum 2m shares) 3.50
Other Mutual Funds (More than 2m shares holdings) 5.65
Estimated Intitutional & Mutual Funds (Less than 2m shares holdings) 0.50
Retail Investors (Balance) 17.52
Total Shareholdings 100.00

* Suspected Person, Group, Provident Fund
Note : Retail Investors (Balance) holds about (‘billion) 0.5

Summary

Founder Shares - 37.08%
Government Related Funds - 30.64%
Institutional & Mutual Funds - 14.76%
Retail Investors (Balance) - 17.52%

Posted by Bgt 9963 > 2021-10-04 08:54 | Report Abuse

Hanky panky co....

Posted by hijau belalang > 2021-10-04 08:54 | Report Abuse

key here is the report
if good can clear the doubt
also if bod buy more

Posted by hijau belalang > 2021-10-04 08:56 | Report Abuse

will we see bod buy?
the reason to buy too
they know well

Posted by pearlwhite > 2021-10-04 08:58 | Report Abuse

.

Slowly, details would come out.

What is SPECA's take on Serba Dinamik?

Speca asks Sarawak govt to fight for ‘fair treatment’ from Petronas
https://www.theborneopost.com/2021/10/04/speca-asks-sarawak-govt-to-fight-for-fair-treatment-from-petronas/

K'jaan Sarawak digesa campur tangan keputusan Petronas beri kontrak kepada syarikat luar
https://www.bernama.com/v2/bm//news.php?id=2009700
.

Posted by JaneTan68 > 2021-10-04 08:58 | Report Abuse

PRIVATISATION LIKE MMC RM 2 !!!!!11!

INSIDER NEWS !!!!! BUY AND EASY PROFIT RM RM 1.69 !!!1

Posted by pearlwhite > 2021-10-04 08:59 | Report Abuse

.
Really. Tell me the Sum of Parts Valuation and discount price?

JaneTan68 PRIVATISATION LIKE MMC RM 2 !!!!!11!

INSIDER NEWS !!!!! BUY AND EASY PROFIT RM RM 1.69 !!!1

Posted by Depeche > 2021-10-04 09:04 | Report Abuse

Pearlwhite

I can't find info on share purchase from Syabas and other new comers... mind to share the source of info u obtained from...

I tried marketscreener

Posted by InterFund > 2021-10-04 09:07 | Report Abuse

@uncle_lim asked to collect last week................ today really green.......... hhahahahaha.................

Posted by OpporturnityHunter > 2021-10-04 09:14 | Report Abuse

so many messages here. I think when you see SD continued to Green, meaning that the insider know SIR is good. sedang kutip ticket. Let see this week movement. I think will naik till above 0.370 loh. Cheers guy. Let time determine.

Posted by OpporturnityHunter > 2021-10-04 09:15 | Report Abuse

see, supporters win or the other way round. I think Karem know his company better than all of us. If he continued to do buy back, meaning that something good will happens soon lah. Lah lah lah.

Posted by OpporturnityHunter > 2021-10-04 09:18 | Report Abuse

those who lose dont get mad. Life is always like that. Ada pahit, ada manis, ada spciy, ada masam. Treat it part of the lesson loh and study from lesson then it is a kind of win as well. So SD make you win too but no in term of money only lah. In term of life study, cheers

Posted by newtrader1989 > 2021-10-04 09:18 | Report Abuse

lolz Green for how long?? See later afternoon how then decide

Posted by OpporturnityHunter > 2021-10-04 09:18 | Report Abuse

so we all win from SD, cheers

Posted by OpporturnityHunter > 2021-10-04 09:20 | Report Abuse

@newtrader1989, later afternoon terus go to 0.37 , hehehehe, you baru know

Posted by solomolo > 2021-10-04 09:20 | Report Abuse

already told ...wait 20cent only your fantasy..this is Karim lorh...Hero always win...haha

Posted by OpporturnityHunter > 2021-10-04 09:23 | Report Abuse

see. those who bought at 0.305, sell now already win, but I am still at double story house, what to do

Posted by newtrader1989 > 2021-10-04 09:23 | Report Abuse

If go to 0.37 then good sign as buying interest will start to come in. But i said lets see how

Posted by OpporturnityHunter > 2021-10-04 09:24 | Report Abuse

some ppl win through long term investment, some people through short term, some even more short, through gap up , depends on your investment type loh

Posted by solomolo > 2021-10-04 09:24 | Report Abuse

i just wait up to RM100...haha

Posted by OpporturnityHunter > 2021-10-04 09:25 | Report Abuse

0.305 cannot win meh, can leh, if you sell now, right ?

Posted by OpporturnityHunter > 2021-10-04 09:26 | Report Abuse

@solomolo, RM 100 cannot leh i think. the most go to 8.00 something leh :):)

Posted by OpporturnityHunter > 2021-10-04 09:27 | Report Abuse

but now no point to talk about long term, I am more concern with this week. step by step see loh

Posted by hijau belalang > 2021-10-04 09:27 | Report Abuse

positive
good news for start
will get better

Posted by solomolo > 2021-10-04 09:28 | Report Abuse

My Hunter...just trust me..haha

Posted by hijau belalang > 2021-10-04 09:28 | Report Abuse

this week can reach 0.40?
see the potential

Posted by solomolo > 2021-10-04 09:28 | Report Abuse

wheres Tradersampah?

Posted by OpporturnityHunter > 2021-10-04 09:28 | Report Abuse

if really raise to 0.37, those opposition will jump up and down and supporter will jump up and down too. see, same jump up and now, but the feeling is totally different loh.

Posted by hijau belalang > 2021-10-04 09:29 | Report Abuse

long term start from a small step
both are important
will have to tackle both apparently


Posted by OpporturnityHunter > Oct 4, 2021 9:27 AM | Report Abuse

but now no point to talk about long term, I am more concern with this week. step by step see loh

Posted by Depeche > 2021-10-04 09:30 | Report Abuse

The recent QR raised eyebrows and doubts....now even though SD is adopting a BAU attitude, which is good.... but lingering doubts will remain till the SIR is out..

Posted by OpporturnityHunter > 2021-10-04 09:31 | Report Abuse

Observe if Encik Karem and other directors do buy back or not, If yes, goods indication loh

Posted by OpporturnityHunter > 2021-10-04 09:31 | Report Abuse

if buy back continued , means sometime good is going good and hopefully, i can take back my bet

Posted by josephn > 2021-10-04 09:32 | Report Abuse

I think privatize at Rm2 is good idea, dato karim can become billionaire again, after accounting issues solved, can relist 2 Serbadk alike company with dato karim profit, better than drag down by market like KNM, Sapura, bjland, bjcorp forever cannot return back to former glory

Posted by OpporturnityHunter > 2021-10-04 09:32 | Report Abuse

if drop, just treat it as lesson, as senang as that . dont follow angin when buy certain counters in future loh

Posted by pearlwhite > 2021-10-04 09:35 | Report Abuse

.
Lets run the show. Here is the progress of SD. Will be updated weekly.

Shareholders' Mandate
- Restructure company to greater heights - more contracts/projects, focus on customer - done
- Founder's legacy 1 - removed margin call risks till 10 sen and before completion of SIR - done
- Founder's legacy 2 - restructure founder shareholdings to focus on future strategy, finance, legal - in progress

Business Development
- Re-engage lost and new customers and continue to win more contract/projects - in progress
- Provide more innovative and new products and services to customers world wide. - In progress

Operations / Project Management / Procurement
- Continue focus on delivering continue safety, operational efficiency and cost effectiveness - in progress
- Continue to delivery on projects within customers expectations and satisfaction on time.

Finance
- Manage cash flow and forecasts - In progress (30/9/2021 consolidated cash balances to be completed end week).
- Manage collections and expenditures - In progress
- Manage prospective asset management / fund management companies who have offered to provide funding - In progress
- Re-engage and manage current financiers - In progress
- Manage rating agencies - Provide cash balance and forecasts for re-rating - In progress (30/9/2021 consolidated cash balances to be completed end week).

Governance
- EY will provide report to Bursa. Bursa to decide. - In progress
- Issues highlighted in forum will be dealt by SC/Bursa directly with forummers. SD will have no part.
- Complete 2020 audit and annual report as planned - In progress
- Complete 30/9/2020 QR within time frame or earlier - In progress.

.

Posted by OpporturnityHunter > 2021-10-04 09:35 | Report Abuse

@peralwhite, we all read all these info from you, Lena and others. appreciate that for that. like us, when you failed one time, doesnt mean you will never success in future loh. so SD can stand up again. let see yah

Posted by tradersampah > 2021-10-04 09:37 | Report Abuse

cant understand still exist ppl dreaming to get 1B profit company below 30sen..