There is one person who keeps saying got insider info. Cannot remember who.
But after he said it, the price really climbing up.
Posted by Gash19 > Oct 18, 2021 6:47 PM | Report Abuse
Why these people keep on asking others to buy and post rubbish "insider" messages. If you dun to share news or your views, go to your own whatsapp group and spam there! Not here!
- KPMG is a big 4 company. They deal with hundreds of huge company. Serba is just one of their hundreds of big money clients. There is literally no reason for them to make a false call on their valuable clients. The only factor which might make them do so is because the problem in question is just downright/obviously wrong. Obviously they weighted the pro and cons of calling it out vs not calling it out. Therefore they decide to call it out and risk lawsuit. This is not a matter satu orang je decide. They already bincang kaw2 dalam mesyuarat...
2. Tiada kemasukan besar institutional buyers. Malah public bank jual besar-besaran/cut loss besar-besaran.
- Bukan saja tiada institutional buyer baru, malah institutional buyer sedia ada cabut lari.
3. Agent2 pump and dump mula beroperasi di forum.
- Kenapa baru sekarang nak sembang beli? Kenapa bulan lepas masa harga 0.31-0.35 tidak aktif suruh orang beli??
- Dibandingkan dengan Airasia, forumers memang sentiasa mengalakkan beli walaupun harga jatuh teruk.
- Serba tidak, hanya suruh beli bila harga naik meroket tanpa sebab.
4. Black list institutional buyers
- Lets face it, kaunter ni telah menyebabkan kerugian besar pada institutional buyers. You think mereka ni rugi kemudian tak pandai insaf2. They have strict SOP in place. Fund manager untuk EPF saja sudah lebih 30+ orang. Tiada orang akan risiko kan pekerjaan sendiri untuk buat recommendation untuk fund mereka beli Serba
5. Cannot get future contract/Recover order book
- Nowadays its standard operating procedure to prioritize companies with good governance. Serba have proven it self to have very bad governance. This is known throughout the corporate world. If you are in mid tier management of any decent company, you would know this.
Obviously time taken for the report suggest it is not straight forward at all. As to KPMG, they can get things and context wrong and have been frequently used in many other markets.
DonT blame KPMG alone.....Auditor gets kick Out if Management cannot agree auditor opinion. There many "dark" deal between management and auditor....And 99% Auditor gets the Blame But, but they are well "paid" for being Kick Out ( mouth Full of stuffed $$$.....sure keep quiet ) Why this time KPMG gets Sued??????? Something gets terrible wrong
KPMG was SD auditor for 7 years, before there was no problem what so ever.. Now suddently there is a problem.. from the records of others KPMG problem with other client, either the client is the problem, or KPMG just want more payment for their service otherwise they will make problem.. all of this come back to business. So i thinking that KPMG asking for more money for the audit, but SD cannot pay more due to covid restriction and low profit, so KPMG make a problem.. So in the end, EY will clear this and Im will win my bet.. Just hold on tight for all the holders..
@SinGor DonT blame KPMG alone.....Auditor gets kick Out if Management cannot agree auditor opinion. There many "dark" deal between management and auditor....And 99% Auditor gets the Blame But, but they are well "paid" for being Kick Out ( mouth Full of stuffed $$$.....sure keep quiet ) Why this time KPMG gets Sued??????? Something gets terrible wrong
Auditor fees doesnT go to Hundreds of millions. But management problem maybe getting out of Hand....and KPMG goes for a quick Kill but Karim refused to pay ( more likely the reason )... Both KPMG and management knew if things get Out of Hand...Both will be Hit by Bursa..... KPMG is so used getting Hit ( really donT care...rubber snake )
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So Obvious that there is alot of nay sayers here trying to create a panic so that they can come in cheap. Another old school tactic, go to forum and blast fake negative sentiments!!
Hope that the SIR can be delays until end of the month so that the price will rise gradually to 0.5ish to prevent any contra dumping. But again, you might see it raise to 0.6 or even 0.7ish as most IB are just impatient to pump before the result is official!!
By the look at KPM5 record, They will seek for a settlement straight away once the positive SIR is out. Trust the figure will be sufficient to settle Serba debt and sukuk issuance. In my experience, never seem a top 4 company have so many settlement cases due to negligence with so many parties (companies and governments)
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Posted by solomolo > 2021-10-18 22:31 | Report Abuse
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