Posted by KongKaliKong62 > 2021-10-22 15:21 | Report Abuse

Why are u so angry....relax and chill man...just wait for the announcement lor...
Or is it because u don't have the opportunity to Serbadk shares before it was suspended? kehkehkeh...

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Riaz1954 Where is the investor on this forum who talks about battleships? Sunk I assume without trace?

Posted by siaokar > 2021-10-22 15:21 | Report Abuse

HAHAHAHA....... fanboys D-day!!! MUAHUAHAUHUA......

Posted by neohts > 2021-10-22 15:21 | Report Abuse

Sslee....what do you think ? Good or Bad ?

Posted by siaokar > 2021-10-22 15:23 | Report Abuse

To Conpipi and fanboys. TOLD U SO........

TROLOLOL..............

Posted by solomolo > 2021-10-22 15:24 | Report Abuse

Just relax.. monday gap up..as JaneTan says..hehe

Posted by siaokar > 2021-10-22 15:24 | Report Abuse

Looks like this time mabel kuraptor has to lelong cheap cheap her panties liao.

HAHAHAHAHA.........

Posted by ValueInvestor888 > 2021-10-22 15:25 | Report Abuse

actually, serba directors should not be allowed to transact in any shares if they have known the results of SIR...

Posted by nicholas99 > 2021-10-22 15:26 | Report Abuse

60% bad news. 40% good news. this is the probability.

Posted by nicholas99 > 2021-10-22 15:26 | Report Abuse

An owner who knows the result of SIR dispose of warrant. its not a fair practice.

Posted by KongKaliKong62 > 2021-10-22 15:27 | Report Abuse

So what is the problem to announce it early? If the SIR report is ready, better announce it as soon as possible rather than seeing the shares price keep dropping lately....

amet2017 Really suspense now. Suppose SIR is by end of the month. Suddenly comes early

Posted by mrupai > 2021-10-22 15:27 | Report Abuse

Looks like those who wait at 10c for so long will get it loh

Posted by siaokar > 2021-10-22 15:27 | Report Abuse

MUAHUAHAUHAUAHUAHUAHUA......

Posted by Mabel > Oct 22, 2021 1:29 PM | Report Abuse

Now cheap because of sentiment. Warrant was trading at 60 sen after the Bonus issues and was heading towards RM 1 in 2019..

Like Mabel said.. Karim lost is Mabel future gain..

Posted by nich0las > 2021-10-22 15:28 | Report Abuse

Wa lau, who bought at RM2? What will u do if monday drop to 20sen? Add more?

Posted by FSX123 > 2021-10-22 15:28 | Report Abuse

Tp next week is 0.2. Can consider enter at 0.2 but you must he aware that delisting is real now

Posted by markian92 > 2021-10-22 15:29 | Report Abuse

they dispose, retailer will dispose at even lower price and when the good news is out, they can buy at much lower price .

Posted by FSX123 > 2021-10-22 15:29 | Report Abuse

Enter at 0.2, sell at 0.3

Posted by newbie9893 > 2021-10-22 15:29 | Report Abuse

audit completed, i heard it is good news

Posted by GoodBoy > 2021-10-22 15:29 | Report Abuse

The suspension of trading is to stop all sort of speculations in this forum until the SIR announcement ... At least SC is doing some decent job now ...

Posted by armadatuah2017 > 2021-10-22 15:29 | Report Abuse

it looks like most people don't have shares in hands...now they need to pray hard that it will be bad because by the time star rises, they had to change account name again

Posted by tamp0i > 2021-10-22 15:29 | Report Abuse

CEO disposed warrant... Not a good sign

Posted by siaokar > 2021-10-22 15:30 | Report Abuse

Fanboys logic, drop more buy more. Last last kenak suspended baru HAPPY.

AHAHAHAHAHA........

Posted by hoesong > Oct 22, 2021 11:48 AM | Report Abuse

collect bit by bit

Posted by Kenneth H'ng > 2021-10-22 15:30 | Report Abuse

May be changes in major shareholding

Posted by The_JQuestion > 2021-10-22 15:30 | Report Abuse

100% BAD NEWS u guys can smell it
KARIM has disposed 6% of totaaal warrants because it will become worthless...HE is the major holder he cut and let u guys hold sth valueless
RIP ... worst is yet to come
btr not believe the people saying positive stuff..U guys buy this share out of greed CONSEQUENCEs should be beared,nvr touch con co.

Posted by alphajack > 2021-10-22 15:31 | Report Abuse

65c Monday lai

Posted by FSX123 > 2021-10-22 15:32 | Report Abuse

Pity those who buy last week at 0.42. Banyak warning sudah kena bagi.

Posted by Junx Leow > 2021-10-22 15:32 | Report Abuse

Go to buy kpower and scib

Posted by bigman888 > 2021-10-22 15:33 | Report Abuse

heard very very bad news is coming

Posted by prince11 > 2021-10-22 15:33 | Report Abuse

warrant disposal is okay.
it is common.
if not dispose, later on need to convert or let it go wasted

Posted by Investing_Bursa > 2021-10-22 15:34 | Report Abuse

Just chill la...wait for it ....whole day argue argue for what....happy hour d....time for beer....cheers !

Posted by VTrade > 2021-10-22 15:34 | Report Abuse

Leow ada kasi discount

Posted by KongKaliKong62 > 2021-10-22 15:34 | Report Abuse

Hahaha....joke of the day....what fund r u handling?

InterFund® Real story from Bursa Exchange.............................. Karim key in to dispose all his mother shares........................... Bursa Exchange suspended................... I think he managed to disposed 100mil of his shares today........................

Posted by siaokar > 2021-10-22 15:34 | Report Abuse

TODAY IS THE HAPPIEST DAY FOR SD FANBOYS esp. mabel kuraptor, inter fund aka conpipi, fake uncle lim.

MUAHUAHAUHAUHAUAHUHA......................

Posted by imvu > 2021-10-22 15:34 | Report Abuse

membina ketakutan .

Posted by IvanC > 2021-10-22 15:34 | Report Abuse

if is good news, Karim should sell warrent next week to earn more. So 99.9% bad news

Posted by armadatuah2017 > 2021-10-22 15:34 | Report Abuse

creating so many fake accounts to spread ???

Posted by Hop333 > 2021-10-22 15:35 | Report Abuse

Anything happened so far? Lol, suspension only. Chill guys

Posted by williamh > 2021-10-22 15:35 | Report Abuse

Re Q will limit up Cheer

Posted by Expertise > 2021-10-22 15:36 | Report Abuse

after 5pm got any announcement？

Posted by winmal > 2021-10-22 15:36 | Report Abuse

many ppl or investors whose invested at high cost are suffering with big losses. indeed no one interest to buy there all waiting the outcome before determine to buy or not,

Posted by siaokar > 2021-10-22 15:37 | Report Abuse

TROLOL..... conpipi aka interfund burned more cash before the incoming storm.

HAHAHAHAHA............

Posted by wongchin > 2021-10-22 15:37 | Report Abuse

There is nothing can do now. Already suspended say what also useless. Js pray for good SIR only. I wish all share holder best of luck.

Posted by Alex™ > 2021-10-22 15:37 | Report Abuse

apa kes suspense?

Posted by Buylowandrun > 2021-10-22 15:38 | Report Abuse

Can q 0.05 after resume trading
Hahah

Posted by leno > 2021-10-22 15:38 | Report Abuse

u cannot get anything at 20 sen
It will limit down to 5 sen
if open on monday.

The company is confirmed BANCRUPT
with no cash but massive debt
and will not be able to service anything anymore.

Those in 2 other related companies should sell out as fast as possible.
If u go read their latest account,
it mention Clearly,
their AUDITORs are "indemnified" from "saman" or legal action
if they are found to produce fraud accounting
by the company directors namely Kareem.

Posted by Citadel9999 > 2021-10-22 15:39 | Report Abuse

limit down??? hahaha

Posted by siaokar > 2021-10-22 15:39 | Report Abuse

More jokes from this scam victim, conpipi aka interfund. AHAHAHAHAHA.............


Posted by InterFund® > Oct 22, 2021 9:27 AM | Report Abuse
Bought 8 mil shares at 34.5cent................. Thanks retailers......................

Posted by InterFund® > Oct 22, 2021 9:28 AM | Report Abuse
Hoping to get cheaper.........................

Posted by matthewming > 2021-10-22 15:39 | Report Abuse

Relax. SIR later.

Posted by Profit77 > 2021-10-22 15:39 | Report Abuse

Real Karim will be exposed. Is he a gentleman? Selling the warrants to defend mother or lari?
D-day to judge a person. Personally i feel he is a gentleman.

Posted by FSX123 > 2021-10-22 15:39 | Report Abuse

Why Serba will not recover

1. SIR/Court case

- 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.

Posted by FSX123 > 2021-10-22 15:39 | Report Abuse

Kpmg has resigned as auditors of SD.

This is not because they are scared or they admit they are guilty.(Pls dont misunderstand).

Auditors are generally required to be independent and objective during an audit, because they are responsible to issue an opinion on the truth and fairness of a company's financial statements(f/s).

They cannot be seen to be siding the directors due to fear or favour. Instead, they should be protecting shareholder's interests.

Board of directors are responsible over the preparation of f/s, and the f/s are then audited by the external auditors. The auditors will then issue their opinion to shareholders.

Notice there is a 3 party relationship here.

1)The auditors who audit the f/s, and

2)Directors who are responsible over the preparation of f/s and

3) The shareholders, who are the recipient of the f/s and the auditor's opinion.

Auditors work for the shareholders and not the board.

The board cannot exert their power or influence on the auditors. The legal case initiated by the board, however, shows otherwise.

So,

KPMG has no choice but to resign because they will no longer be able to audit the f/s objectively, there is now a perception that kpmg may compromise in the audit due to the fear over the outcome of the legal case.

(So, the safest thing to do, is resign, and this is the message to shareholders. Resignation is also strongly recommended by auditor's code of ethics)

The board's decision to take a legal action on KPMG represents an intimidation threat, where the board can be perceived as saying, you either accept what we say or face the consequences of the legal prosecution. (Although their true intention maybe something else)

The question now is:

Was there a need to take legal action on the auditor while the audit is not complete and call for a press conference to condemn the auditor, instead of explaining and solving the issues in hand?

Didnt the audit committee give a warning to the board about how a legal case will affect auditor's independence?

A legal case is a serious issue. Wasn't this discussed with all major shareholders? Did they call for an egm to discuss with shareholders, especially the majority or institutional shareholders, before proceeding?

To get more clarity,

We need to know who are the top 3 major shareholders of Serba Dinamik and whether they were consulted before the legal action was taken.

At the end of the day, KPMG will still need to face the legal case and protect their own reputation, and in the process, have to let the shareholders and authorities know their side of the story, with proper evidence.

This is not only about audit and accounting, its moving towards wider governance issues..

Lets see what happens next.