Posted by shortinvestor77 > 2021-10-22 21:58 | Report Abuse

Most important is got buy and sell i.e. trading. Who buy or sell is not important.
No trading means die.

Posted by madmatts > 2021-10-22 21:59 | Report Abuse

Cheng.....cheng....kita tunggu saja SD counter buka...

Posted by shortinvestor77 > 2021-10-22 22:00 | Report Abuse

Tak akan buka selagi SIR is not published in Bursa.

Posted by InterFund® > 2021-10-22 22:00 | Report Abuse

Bought the most expensive ticket to Amsterdam today.................... hahahaha........................ RM2.7 million.......................... All profit from GENETEC..............................

Posted by madmatts > 2021-10-22 22:01 | Report Abuse

Deadline Tuesday, bursa bagi notice.

Posted by OpporturnityHunter > 2021-10-22 22:01 | Report Abuse

aiyoyo, jangan main main dengan sumpah yeah, nanti sumpah cari you , you nangis pun tak ada orang boleh rescue you leh.

Lai lai lai, macam ini, you beli on monday, jual di petang monday still untung kalau sir bagus. beli on next monday sell on next tuesday, masih boleh untung asalkan jangan terlalu tamak dan satu asalkan lagi, iaitu sir mesti bagus yeah, jangan simpan kemarahan lama, tak bagus utk you punya health leh. hal lepas, letak. Letak yeah

----------------------------------------------------------------------------------------

Leno Abang Karem, cepat lah keluar.
Kurang kurang, suaplah sikit harapan,
ucap ucap sikit kat media sosial,

Saya, abang karem,
sumpah atas nama taik kucing,
akan mengumumkan hasil siasatan,
pada hari Selasa, tepat jam 4 petang,
tahun depan.

Sekian,
yang menyumpah.
Abang karem ting tong.
22/10/2021 9:51 PM

Posted by madmatts > 2021-10-22 22:02 | Report Abuse

sabar ya sabar...kita tengok movie minum kopi dulu.

Posted by shortinvestor77 > 2021-10-22 22:05 | Report Abuse

No trading is allowed on Monday and Tuesday by Bursa until the SIR is published.

Posted by Sweetchocalates > 2021-10-22 22:05 | Report Abuse

Those who have bought serbadk shares will either sell underwear or enjoy free lobster dinner after the annoucement. Good luck lol

Posted by FSX123 > 2021-10-22 22:06 |

Post removed.Why?

Posted by FSX123 > 2021-10-22 22:07 | Report Abuse

Everyone invested in SD is losing money.

Everyone on sidelines is saving money.

All the old promoters gone in hiding or reborn using dupe account.

No doubt EY will confirm KPMG findings.

Dont be in the same room when shit hits the fan.

leno at 70 sen say hold until appoint new chairman
at 60 sen say hold until appoint EY
at 50 sen say hold until appoint new auditor
at 40 sen say hold until quarter report out
at 30 sen say hold until EY result out
at 20 sen say hold until bursa take action
at 10 sen say hold until suspended
delisted at 1 sen.

Posted by FSX123 > 2021-10-22 22:07 | Report Abuse

The journey so far:

Since red flagged, SD down from RM1+ to 30c level now.

Promoters been saying buy buy buy.. buyers who listens are all stuck
70c
60c
50c
40c
Plenty here stuck at above floors

30c seems impossible and we have promoters saying chop dick if it happens. Well no show apparently:

Be a smart investor, throw away all the noises. No matter what promoters say, they don’t dictate price nor have insider information . They are paid to do this job.

Posted by FSX123 > 2021-10-22 22:07 | 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 22:07 | 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.

Posted by amiruddinaaziz7 > 2021-10-22 22:08 | Report Abuse

pisang goreng panas

Posted by OpporturnityHunter > 2021-10-22 22:08 | Report Abuse

lai lai lai, let me tell tell stories again. you know I know and all know SIR is planed to release on next Friday, betul keh ? Karem sold all his wa yesterday. Plan initial dia ialah beli sekit hari ini, beli sikit on next monday, beli sikit sikit lagi on next selesa. Kalau sekaligus beli banyak hari ini, nanti orang boleh baca motivenya. siapa know, hehehehe, Bursa baca intentiannya, terus stop trading petang ini, fahamkeh huatexpert

--------------------------------------------------------------------------------------------------------------

Huatexpert CEO sold warrants and cash out 4 mil plus but only spent 10% of it on mother share purchased...
he should buy 10 mil+++ shares not just spent peanut to buy 1 mil shares and pocket 90%...
22/10/2021 10:02 PM

Posted by shortinvestor77 > 2021-10-22 22:13 | Report Abuse

交易所补充，斯巴活力在完成上述指示之前将继续暂停交易

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

Karim study secondary only. Know that his company will delisted, still go bought the share. Sudah gila. Nanti rasuah sikit lah, baru cantik episod.

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

hehehe, also goose liver, caviar and giant crab leh, lobster alone not enough, cheers, lah lah alha
------------------------------------------------------------------------------------------------
Sweetchocalates Those who have bought serbadk shares will either sell underwear or enjoy free lobster dinner after the annoucement. Good luck lol

Posted by shortinvestor77 > 2021-10-22 22:16 | Report Abuse

No trading is allowed means dead.

Posted by InterFund® > 2021-10-22 22:16 | Report Abuse

Either we all go Amsterdam or go Zurich and meet @uncle_lim...................... hahahaha.........................

Posted by leno > 2021-10-22 22:16 | Report Abuse

Soalannya
adakah sebak akan umum hasil siasatan pada hari isnin, atau hari selasa ?
Atau sebak akan mintak tunda sampai tahun depan ?

Apa guna hasil siasatan TERBAIK sekali di dunia pun,
kalau abang karem hanya simpan bawah tilam, tak mau umum kat peminat ?

Posted by OpporturnityHunter > 2021-10-22 22:20 | Report Abuse

aiyoyo, buat apa you peduli di mana abang Karem simpan, yang pokoknya, sir tu bagus. harga SD naik, you untung dan jual. you mesti tukar soalan you to harga apa saya patut jual supaya saya maximise saya punya keuntungan. betul keh ?
-------------------------------------------------------------------------------
leno Soalannya
adakah sebak akan umum hasil siasatan pada hari isnin, atau hari selasa ?
Atau sebak akan mintak tunda sampai tahun depan ?

Apa guna hasil siasatan TERBAIK sekali di dunia pun,
kalau abang karem hanya simpan bawah tilam, tak mau umum kat peminat ?

Posted by Legend > 2021-10-22 22:20 | Report Abuse

Standby bullet next week...haha

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

Trust me.. everything is okey loh..jangan nak kelam kalibut sangat lah..hehe

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

Kalau abang karem umum hasil siasatan TERBAIK petang tadi,
sudah pasti semua peminat sedang BERPESTA makan ketam

tapi sekarang, semua peminat kena hentam
kurang kurang 4 hari 4 malam
makan angin muka tembam
tidur tak lena, mimpi pun seram.

ABANG KAREM OII ...ABANG KAREM !!

Posted by investorbat > 2021-10-22 22:22 | Report Abuse

@ Opporturnity,if he knew the SIR is good and buy sikit sikit,can he be charged under INSIDER TRADING?Just curious.I guest he hasn't received the SIR yet

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

lai lai lai, i almost fall in sleep just now, can sleep well one lah, why cannot sleep well well leh, most of us tak cukup tidur leh, wake up early early

------------------------------------------------------------------------------------------------------------------------
Huatexpert Many pp could have sleepless night till SIR release...
May be you can claim your damages to Serba management the same way they claim damages to KPMG...
22/10/2021 10:20 PM

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

lai lai lai, adododo. you sudah tunggu beberapa bulan dah, tak boleh tunggu 3 hari lagi keh ??
-------------------------------------------------------------------------------------

leno Kalau abang karem umum hasil siasatan TERBAIK petang tadi,
sudah pasti semua peminat sedang BERPESTA makan ketam

tapi sekarang, semua peminat kena hentam
kurang kurang 4 hari 4 malam
makan angin muka tembam
tidur tak lena, mimpi pun seram.

ABANG KAREM OII ...ABANG KAREM !!
22/10/2021 10:21 PM

Posted by shortinvestor77 > 2021-10-22 22:27 | Report Abuse

4 hari lagi lah. Bukan 3 hari.

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

minta ampun, you tak boleh tunggu 4 hari lagi keh

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

BURSA MALAYSIA ISSUES A DIRECTIVE TO SERBA DINAMIK HOLDINGS BERHAD IN RELATION TO THE STATUS OF THE SPECIAL INDEPENDENT REVIEW (SERBADK)
22 Oct 2021
Bursa Malaysia Securities Berhad (“Bursa Securities”) wishes to draw investors’ attention to Serba Dinamik Holdings Berhad (“SERBADK”)’s announcement on 6 September 2021, in relation to status update on the Special Independent Review (“SIR”).

Bursa Securities notes that the findings from the Factual Findings Update as at 30 September 2021 (“Factual Findings Update”) on the SIR have been communicated to 3 out of 4 independent non-executive directors, on 21 October 2021.

In this regard, Bursa Securities notes that to–date, SERBADK has not announced the findings from the Factual Findings Update in accordance to Paragraph 9.03 of the Main Market Listing Requirements (“MMLR”).

In this connection, under paragraph 2.23 of the MMLR, Bursa Securities had today issued a directive to SERBADK to:

a) Make an announcement on the findings from the Factual Findings Update by 26 October 2021;

b) Announce Bursa Securities’ directive immediately; and

c) Impose a suspension of trading on SERBADK’s securities on the next market day after the directive deadline, in the event of non – compliance to the directive.

The suspension will remain until an announcement in compliance with this directive and paragraph 9.35A of the MMLR is made by SERBADK on the findings from the Factual Findings Update.

The directive is issued to ensure material information is disclosed in a timely manner and to provide clarity to the market.

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

Two scenarios only after trading resumption: Hell or Heaven. whoever it's caged inside. You can only wait for the Special Independent Review (SIR) report to be released.

This is gonna be a gamble of the decade. Good luck is all I can say.

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

dont like that leh, i am only a newbie leh. This type of heavy heavy question, we have so many experts here, you dont want to ask them , why why you ask me , i also no answer for you leh, cry cry
-------------------------------------------------------------------------------------------------------------------------
investorbat @ Opporturnity,if he knew the SIR is good and buy sikit sikit,can he be charged under INSIDER TRADING?Just curious.I guest he hasn't received the SIR yet

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

u can ask me light light questions only yeah

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

Thursday, September 23rd, 2021

https://themalaysianreserve.com/2021/09/23/serba-dinamik-looking-at-fa...

Mohd Karim said the independent review by Ernst & Young

Consulting Sdn Bhd (EY) into the issues raised by its former external auditors, KPMG Ltd, is ongoing and expected to be completed by October 2021.

“The report will be submitted to Bursa Malaysia,” he added.

The integrated oil and gas service provider appointed EY in July as its independent reviewer to assess the veracity of the audit issues raised by KPMG.

Its independent non-Eds have been receiving progress updates from EY on a biweekly basis, Mohd Karim said.



The above is taken from the news 1 month ago. Of course Karim told everybody already report will be submitted to bursa by end of Oct 2021 and that is why bursa released that directive. Aiyo.

Posted by shortinvestor77 > 2021-10-22 22:36 | Report Abuse

Bursa Securities suspends Serba Dinamik until further notice

Posted by shortinvestor77 > 2021-10-22 22:37 | Report Abuse

https://www.klsescreener.com/v2/news/view/898329/bursa-securities-suspends-serba-dinamik-until-further-notice

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

alamak, u memang bukan student yang bagus, tu link dah outdated. baca yang terkini yeah.
-----------------------------------------------------------------------------------------------------------------
shortinvestor77 https://www.klsescreener.com/v2/news/view/898329/bursa-securities-susp...
22/10/2021 10:37 PM

Posted by babanono > 2021-10-22 22:40 |

Post removed.Why?

Posted by Michaelphlee > 2021-10-22 22:47 | Report Abuse

This doesn’t look too good. https://www.malaymail.com/news/money/2021/10/22/bursa-malaysia-issues-directive-to-serba-dinamik/2015299

Posted by Loh Kok Wai W > 2021-10-22 22:47 | Report Abuse

never buy,never PITY....

Posted by shortinvestor77 > 2021-10-22 22:51 | Report Abuse

财经 Espresso｜大股东卖完凭单 世霸遭勒令停牌
https://www.youtube.com/watch?v=hlZpDEw2uhg

Posted by wayne23 > 2021-10-22 22:56 | Report Abuse

Hero or zero???

Posted by niktraderinvestor > 2021-10-22 22:59 | Report Abuse

Waowww so many RBA here

Posted by alphajack > 2021-10-22 23:00 | Report Abuse

tuesday resume trading so monday news will announce d. 0.65 by Tue closing but Wed maybe 0.85-95. huat arrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr

Posted by powerup89 > 2021-10-22 23:02 | Report Abuse

Jual anak banyak m....tapi beli mother hanya rm350k je....renung renung kan la..hohoho

Posted by powerup89 > 2021-10-22 23:03 | Report Abuse

Banyak yg tak dapat tdo lena oooo.....hohoho

Posted by WongCapital > 2021-10-22 23:05 | Report Abuse

55m warrant sold to who? Open market? Then who tadah at the buy queue? Karim own proxy tadah? Just to make wayang?

Posted by Needmoney > 2021-10-22 23:06 | Report Abuse

Finally will drop to zero.