Edward. Ceo buy share is very normal. Maybe.. i say maybe only : Maybe he knw margin coming. So buy bck share to pledge bck as margin for collectaral. There is no truth n only my opinion.
If not mistaken, before a director buy shares, he need to give notice to bursa stated his intention to deal his shares. So it could be the reason triggered suspension after he bought shares. I dont know, just my guess. (insider trading is a serious offence perhaps)
Look at the fundamentals before entering the market Although higher oil prices are beneficial to the oil and gas industry, not all companies benefit from it. Analysts remind investors that they should pay attention to the fundamentals of each company before making a decision.
In order to reflect the benefits of higher crude oil prices, Tat Securities adjusted upwards to Petronas Chemical (PCHEM, 5183, Main Board Industrial Product Service Group), International Shipping (MISC, 3816, Main Board Transportation and Logistics Group) and VELESTO Energy (VELESTO, 5243, Main Board Energy) Group) and other oil and gas stocks’ valuations and target prices.
The bank upgraded Petronas Chemical’s rating from the previous “hold” to “buy”, mainly because the company purchases natural gas raw materials from its parent company Petronas at a lower price, and the cost is relatively low. Some competitors are facing cost pressures caused by rising naphtha raw material prices.
Wu Junsheng said that the oil and gas stocks currently assigned by Hong Leong Investment Bank with a "buy" rating include International Shipping, Armada (ARMADA, 5210, Main Board Energy Group), Dia Le Group (DIALOG, 7277, Main Board Energy Group), and Da Leong Foreign Enterprise (DAYANG, 5141, Main Board Energy Group).
Malaysians oil and gas workers are no longer required to undergo mandatory quarantine when signing on or off from offshore platforms, says Datuk Seri Ismail Sabri Yaakob.
He added that Malaysians only need to take swab tests before they sign-on to the platforms and do not need to be quarantined.
Last Friday Karim bought 1m shares out of 54mil Sold... Tuesday 26/10 if SerB Open for Biz...Karim again buys 3 mil shares But 200mil Sell ( with no buyers, sure Limit Down )
KLSE the world is watching. If you tolerate blatant insider trading what's next? Why have rules and laws? why have governorship of the KLSE? Just give the job to monkeys.
#ǷearlꙌhite . Now that this part of the SIR saga is over, lets focus on the next issue of
"Should SD consider KPMG's proposal to settle the legal action undertaken by SD?"
What would you advise SD to do?
a) Proceed with the claim of RM4billion + through the courts
b) Enter into discussions for a financial settlement favourable to SD
c) Give a KPMG a slap in the wrist and let bygones be bygones.
You can assume that the results of the SIR has no impact on the previous QRs and the upcoming AR.
Share your thoughts.
Thanks. . 23/10/2021 4:38 PM
Good idea Snow White
One of Mabel Jet Fighter, Air Asia reward their loyal shareholders with 90 and 40 sen Special Dividend plus two 12 sen Dividend before pandemic..
Which ever options they proceed, Mabel think Serba can do much better than AA with this KPGG law suits plus other potential upside as highlight below..
YUM YUM YUMMY..
Meow Meow Meow
Stock: [SERBADK]: SERBA DINAMIK HOLDINGS BHD
Oct 7, 2021 11:07 AM | Report Abuse
#izoklse This will come for Serba :
SIR RESULT + BUDGET 2022 + NEW PROJECT + BULLISH OIL PRICE + SHARE BUY BACK + SARAWAK STATE ELECTION OR GE15 + SUMMONS CASE WITH KPMG 06/10/2021 6:08 PM
The smartest comment..very smart investors..
Why settle for peanuts trading at 1 to 3 sen profits?
October is going to be a beautiful month for Serba..
a) Proceed with the claim of RM4billion + through the courts ______________________________________________
Court system is very, very lengthy...Jaks 50mil Civil Suit is not over after 4--5years... 4Bil suit can drag for 20years...from Malaysia Court into UK and EU bcos KPMG is a foreigner
Today Mabel will learn the Bournville movement. This Bournonville style contains a more romantic tone while telling a clear love story just like what our Snow White is sharing..
The movements appear effortless while in essence they are very technical. The dancer exudes fluidity and musicality. It is a highly refined style that pays particular attention to detail. Bournonville style reaches to the heart with its expressions and romantic overtures.
It will be fun as this style looks so effortless just like Mabel's Investment in Serba Dinamik...
. "Biz decision" and "Necessity". He has no choice. Yes, he is sorry, and regrets have to do it.
He will repay the favour to you.
InterFund® Usually Karim buys first and notice bursa 3 days later............ This time he noticed bursa on the same day.................. definitely he is playing some game............... becareful.............
" Going private " Talk Only......Must buy the rest of the Shares....Bankers now donT even want to finance Margin Account.....you are asking them to finance Bogus Asset ??????????
Delisting doesT Cost anything to Karim....Best Option for Karim but personal 700mil shares are under Margin account ( must settled ) Bankruptcy is BEST policy-----Cost Nothing
The miss interpretation is " KPMG has to settle with SB and paid some sweetener " But the truth is KPMG has asked SB to Pay KPMG's Lawyer fees and Court expenses as a settlement..... Reason: SIR is heavily in KPMG favour and BURSA has issued a warning to SB
IronShirt If I am not mistaken, KPMG is not a foreigner. It is a partnership of local principals depending on which country they are operating in. When they get sued all partners a liable for a share of the damage, not like a company.
Insider trading roughly means some people got inside news of a listed company first & then buy or sell shares just before announcing the news in bursa to the public. Insider trading is criminal act
Goreng shares roughly means an individual or a group of individuals, use own funds or borrowed funds to keep buying shares at much higher prices over a short period of time…. before selling to naive investors who buy at higher prices ….Got any laws to prevent goreng here meh?
Buat pening kepala aje.macam macam idea dipikirkan..mungkin tak betul..tengok aje le isnin..relax2 santai hujung minggu..untung naik..tak untung rugi..
True..KPMG is a partner but when said " 4 bil Claims " ...you can petition case to be hear in UK or EU....If Claim just 4mil....close eye SB can pay KPMG ( haha....KPMG has won the case bcos of Bursa instruction )
INSIDER TRADING :Fine not less than RM 1mil and to imprisonment for a term not exceeding 10 years.Insider trading is very serious offence,still remember sxxxmax,charged with fined RM5mil and 5 years jail but finally acquitted.
Imsider Trading It's there and individuals including Directors have been charged, but I don't recall any individual bieng convicted and force to paid fine or jail sentence. This is Malaysia, anything is possible if you are willimg to compromise. With the $ figures floating around on these charges, anything is possible. Malaysia Boleh!
when you know the price have no chance of going up but down and the warrant will lose substantial value. that's when you sell them and get the best price out of warrant.
Both Bursa and Karim got the SIR report( updated) on 30 Sept...After 21 days Bursa had to "called Directors" to force them to made a announcement....Warrant was Sold next day......DonT you see something very funny......21 days wait to make a " Good announcement"
@gemfiner must be a wealth investor. When people promote, he agree. But he cannot accept people demote a counter after promoted previously. Meaning his strategy is can promote, cannot demote. Once promote, cannot change direction. Must be loyalty forever. If you sell or demote a counter, he will fire on you. With that, I think he is a very loyal and long term investor. He must have a lot of stocks on hand because once bought never sell. I salute this type of people. I'm just a normal person, I will change or demote if the counter has fundamental impact or even potential impact. We need more long term investor like Gemfinder in KLCI.
If this isn't insider trading then what is insider trading trading? I hold no position in Serba Dinamik Holdings Bhd now. It could be his ACQUIRED bumi status it isn't an issue.
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Posted by imvu > 2021-10-23 16:30 | Report Abuse
membina ketakutan .