Posted by smartinvestor90 > 2021-10-23 22:00 | Report Abuse

Even dayang cant be compared to Serbadk..it making losses -30 Million last quarter.. -22 Million this quarter...but yet the price at Rm1.030...3 brothers SERBADK, SCIB, KPOWER are the hidden gems which are currently undervalued..strong FA, yet the price are at the strongest support...if you are short traders..you are not suitable to buy these trio..since you are looking fast in fast out...true trader which play 1-2 years time frame..these are the stocks that can make us money in a long run...just my 20 cents view...

Posted by Honesty > 2021-10-23 22:11 | Report Abuse

Which number are fake ?? Can you be more detail??
Plus, please state your full name and ic number!!
Trust you will receive a lawyer letter soon because you are slandering a legitimate company.
I dare you to back up what you say; Dont be a p u ssy and hide behind the curtain!!

Posted by Gash19 > 2021-10-23 22:22 | Report Abuse

Lol @Honesty you are repeating the same statement that serba will go up to 1.6 from morning to night d. Although i'm holding serba share too, but not that optimistic. Clues from serba management reactions told us, not much hope for SIR. Read this "The ongoing business of the company has more Importance than the audit issues themselves,”. If it is positive, why no immediate announcement? Once price shot high, everything solved.

Posted by smartinvestor90 > 2021-10-23 22:23 | Report Abuse

If you say the numbers is fake..all past dividend, are they fake too??... These Quarter report number was announced with audit...this is billion worth company ya..not cap ayam company...just wait SIR report this tuesday..if its bad , just CL la...our ep is low already at 0.32.. not like those who stuck at 1.00... risk reward for Serbadk is too high, if its bad..how low it can go..its at the lowest already..if its good, maybe it will LU...hope the best for karim stocks...if serbadk is too risky..might as well monitor its brothers kpower and scib..strong FA yet still cheap to collect TAYOR

Posted by leno > 2021-10-23 22:25 | Report Abuse

FAKE revenue, FAKE profit, FAKE inventories, FAKE contracts
Sub-Zero Cash
Massive Debt
5 independent directors RESIGN immediately
including 1 new, one look at the account straight away resigned.
KWSP and KWAP DISPOSED ALL sebak shares
New Chairman caught lying about bursa telling him sebak is innocent.
Trying to cancel the SIR, but been forced to appoint EY to do investigation.
More than 18 months with no audited account.
Investigation Report ready 3 weeks ago, but sebak refuse to release it.
Bursa now SUSPEND sebak share.
And still no news when sebak will release the report.

Posted by gemfinder > 2021-10-23 22:25 |

Post removed.Why?

Posted by leno > 2021-10-23 22:26 | Report Abuse

do not flag my post,
or else i will delete my post
and sebak cannot sue me.

Posted by Honesty > 2021-10-23 22:28 | Report Abuse

Dont divert the topic?? tell us what is fake and please provide the details !! Again, dont be a p u ssy and hide behind the curtain!!

Posted by Just88 > 2021-10-23 22:28 | Report Abuse

If SIR is negative, the auditors will qualify the financial statements and SD will face immediate credit crunch. All credit facilities will be frozen and bond holders will demand immediate redemption. Can SD still survive ??

Posted by leno > 2021-10-23 22:30 | Report Abuse

If they are not fake
sebak would have release the report yesterday.

Posted by leno > 2021-10-23 22:31 | Report Abuse

if they are not fake
why 5 independent directors RESIGN together immediately including 1 newly appointed.

Posted by Honesty > 2021-10-23 22:31 | Report Abuse

Just as i thought!! Talk only but no substance!!
Tin kosong really noisy … wkakakak

Posted by leno > 2021-10-23 22:32 | Report Abuse

if they are not fake
why kwsp and kwap DISPOSED ALL sebak shares.

Posted by SHQuah > 2021-10-23 22:32 | Report Abuse

Serbadk is a good Company. It's just some internal control issue. Corruption is common in Malaysia especially Bumiputra control company. We just need to impose more control in giving contract to unknown company. Serbadk is not the only company. Compare UMNO vs Singapore PAP. You will know the differences.

Posted by Honesty > 2021-10-23 22:32 | Report Abuse

not only tin kosong but also ball less p u ssy !!
People like you live in the dirt s h it

Posted by leno > 2021-10-23 22:33 | Report Abuse

if they are not fake
why sebak try to cancel and prevent the special investigation in Jun.
and causing delay in the EY appointment.

Posted by leno > 2021-10-23 22:33 | Report Abuse

Because they are FAKE
that is why all these are happening.

Posted by Honesty > 2021-10-23 22:34 | Report Abuse

Tin kosong should be recycled!!
But again, that few cents doesn’t make a different!!
Better throw it in dust bin better !!

Posted by leno > 2021-10-23 22:35 | Report Abuse

This is also called
FRAUD ACCOUNTING.

Go read the chronology of all the past FRAUD accounting companies.
EXACTLY THE SAME.

Posted by leno > 2021-10-23 22:39 | Report Abuse

THE TRUTH HURTS,
BUT LIES CAN KILL.

Don't blame others.
It is all KAREM's Fault.
Not bursa, not independent directors, not kpmg, not EY, not leno, not balai bomba, not covid,
but KAREM.

Posted by gemfinder > 2021-10-23 22:43 |

Post removed.Why?

Posted by Honesty > 2021-10-23 22:47 | Report Abuse

Another tin kosong trying to find attention!!
Kesian… family neglect them and they come here seeking for comfort!!

Posted by Honesty > 2021-10-23 22:49 | Report Abuse

If you need acceptance and attention, you can call covid support line for depression support so that they can help you on your loneliness!! LOL

Posted by armadatuah2017 > 2021-10-23 22:54 |

Post removed.Why?

Posted by tradersampah > 2021-10-23 22:57 | Report Abuse

Let wait SIR, all here just assumption, not concrete finding..the fact is instituition still holding tight this share..

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

Now jus waiting resume trading, gain or lose nothing can do now.

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

Chef Karim netted RM4.3 mill from warrants and collected only 1 mill of mother at RM 350,000. Looks like he is getting out with some cash. All his other mother shares are locked with the banks. Bad behaviour from day 1 of the KPMG episode.

Posted by Asia88 > 2021-10-23 23:03 | Report Abuse

tradersampah Let wait SIR, all here just assumption, not concrete finding..the fact is instituition still holding tight this share..
23/10/2021 10:57 PM << which institution still holding ya? EPF, KWAP already sold off majority of their share.

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

@asia88

https://m.marketscreener.com/quote/stock/SERBA-DINAMIK-HOLDINGS-BE-34837516/company/

Posted by alenac > 2021-10-23 23:12 | Report Abuse

SIR was released by EY to Serbak on 30.09.2021 and the Chef and board members did nothing to disclose but instead, Chef dabble in his own counter. No transparency and reports can be assumed to be negative.


In a media statement late yesterday, Bursa Malaysia Securities Bhd said findings from the SIR’s Factual Findings Update as of Sept 30 have been communicated to three out of four of the company’s independent non-executive directors (INEDs) on Oct 21.

“In this regard, Bursa Securities notes that to-date, Serba Dinamik has not announced the findings from the Factual Findings Update in accordance to Paragraph 9.03 of the Main Market Listing Requirements (MMLR),” the market regulator pointed out.

This has therefore led to an issuance of a directive under paragraph 2.23 of the MMLR to the global integrated oil & gas service provider to:

Make an announcement on the findings from the Factual Findings Update by Oct 26 (Tuesday);
Announce Bursa Securities’ directive immediately; and
Impose a suspension of trading on Serba Dinamik’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 Serba Dinamik on the findings from the Factual Findings Update,” noted the market regulator.

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

https://focusmalaysia.my/serbas-indefinite-trading-suspension-to-stay-till-release-of-sir-findings/

Posted by gemfinder > 2021-10-23 23:19 |

Post removed.Why?

Posted by InterFund® > 2021-10-23 23:20 | Report Abuse

"Update as of 30 September"................ Not the result was out 30 September..........They update the findings every 2 weeks.................. Let see the final factual report this Tuesday.............. Funny thing is the one that made so much noise doesn't even have a single share here..............hahahha............ can't wait to hit a jackpot this Monday..............

Posted by alenac > 2021-10-23 23:25 | Report Abuse

Told you earlier you are a bad fun manager, looks like you are locked in by buying high while Karim getting out with cash in hand.

InterFund® "Update as of 30 September"................ Not the result was out 30 September..........They update the findings every 2 weeks.................. Let see the final factual report this Tuesday.............. Funny thing is the one that made so much noise doesn't even have a single share here..............hahahha............ can't wait to hit a jackpot this Monday..............
23/10/2021 11:20 PM

Posted by Huangbk72 > 2021-10-23 23:25 | Report Abuse

Monday or Tuesday no difference.

SIR will confirm KPMG findings. Big Impairment coming up. Definitely Audited accounts will be delayed.

Shit will hit the fan.

I will be on the sideline munching my popcorn and watching the carnage.

See which sharks will swim faster next week. Brilliant move by Bursa to suspend SD.. now big sharks, small sharks, wannabe sharks are stuck.. lol

Posted by Huangbk72 > 2021-10-23 23:30 | Report Abuse

Every step of the way, SD is testing "He-Man" tolerance level.

1) Bursa has to forcefully appoint EY as SIR..

2) Bursa has to force SD in releasing SIR report..

If "clean", need to be forced?? If you cannot answer this, ask an 8 year old... hahaha

Only the 90% dummies believe in the Chef...

Posted by James > 2021-10-23 23:50 | Report Abuse

The boss bought 1mil shares seems like another way to “support” so no nervous or panic disposed by retailers?
23/10/2021 11:21 PM

Posted by newtrader1989 > 2021-10-23 23:50 | Report Abuse

90/10 let see kpower and scib on Monday

Posted by auditorandconsultant > 2021-10-23 23:58 | Report Abuse

天涯何处无芳草。真的太多人纠结在这里。没关系选择是自己的，时间成本也是自己承担。

马股有很多低估的二线优质股票，偏偏很多人视而不见。很多人偏偏喜欢去人多的地方，形成羊群效应。

大家拭目以待吧。

还继续持有股票的，加油。

Posted by Depeche > 2021-10-24 00:05 | Report Abuse

Bosses and institution holders enjoying their weekend with family... yet naysayers working day and night everyday.... get a life lo... at v least for the weekend ma...LOL

Posted by Stockisnotfun > 2021-10-24 00:22 | Report Abuse

Factual findings alone are enough. We don't need the full complete SIR report anyway. Factual findings are part of the complete SIR anyway. Suspension until further notice really is rare to see in Bursa.

Unless is very serious matter else Bursa won't simply suspense until further notice.
Those who are experience in stock market should be aware of this.

Posted by dp_pupi > 2021-10-24 00:26 | Report Abuse

Bursa biasanya dah price in kan? Past 5 hari SD x ld pun

Posted by Stockisnotfun > 2021-10-24 00:29 | Report Abuse

The best case study for this would be sumatec resources. Same scenario that they failed to submit the QR and suspended until further notice. Don't play play.

Posted by Asia88 > 2021-10-24 00:50 | Report Abuse

@tradersampah : How accurate is the data?

23 June 2021 : EPF hold 281million
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3170500

25 June 2021 : EPF dispose 96million share. = 281-96 = 185million.
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3171359

From 26 June 2021 till to-date , EPF didn't throw their shareholding ? I doubt so. Let me do rough estimation. As at May 2021 , EPF have 300+ mil share in SD with price around RM2 = RM600mil +

Question 1
Will their fund manager do nothing while it see the share price drop from Rm2 to Rm0.35 today?

Question 2
The exposure of paper loss is as follows
Max : RM600 million loss.
EPF managed fund : RMxxx billions.
% of loss?

Posted by Epseps > 2021-10-24 00:57 | Report Abuse

So sumatec suspended for how long roughly please. ? Sorry didn't follow that counter but now kena this counter. Sad

Posted by serbatipu > 2021-10-24 01:23 | Report Abuse

Holland liao loo, serba tipu

Posted by Gash19 > 2021-10-24 07:33 | Report Abuse

Asia88 if epf holding below 5% we cant see any transactions from bursa.

Posted by Gash19 > 2021-10-24 07:35 | Report Abuse

Most probably 0%

Posted by Mabel > 2021-10-24 07:51 | Report Abuse

#Depeche Bosses and institution holders enjoying their weekend with family... yet naysayers working day and night everyday.... get a life lo... at v least for the weekend ma...LOL
24/10/2021 12:05 AM

Good Morning everyone

As usual Mabel sleep like a baby. Not only Bosses and institution holders are enjoying their weekend with family, even Serba Shareholders like Mabel are enjoying the weekend.

You see, Mabel has been dancing non stops for the last few week. Yesterday, Mabel learn a Bournville ballet movement from Mabel Sifu. This Bournonville style contains a more romantic tone while telling a clear love story just like what our Snow White is sharing all these while

The movements appear effortless while in essence they are very technical.Bournonville style reaches to the heart with its expressions and romantic overtures. It's so romantic and fun as this style looks so effortless just like Mabel's Investment in Serba Dinamik...

Yesterday was at our Swimming Pools with my new Italian Gucci Bikini, all thanks to Mabel collection of Biofuel Plantation and Fossil Fuel Energy Battleships and Supertankers which are doing great these last few week. These two Fuels are still best hedge against inflation & depression

Here's more good news, one of Mabel Jet Fighter, Singapore Airlines will resume International flights to London and their A380 will be used for Changi to KL Sectors pretty soon. Another Mabel Jet Fighter, Air Asia did even better. They rewarded their loyal shareholders with 90 and 40 sen Special Dividend plus two 12 sen Dividend before pandemic. Whichever options they proceed, Mabel think Serba can do much better than AA with this KPGG law suits plus other potential upside as highlighted below..Waiting for another Yum Yum Yummy from Serba pretty soon.

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

By the way, after the ballet dance, my PA informed me of this good news coming from Serba CEO...

(Quote)
Beliau juga mengulangi komitmennya untuk 'memulihkan semula Serba Dinamik daripada zaman kegelapan'.

"Pelupusan waran ini adalah untuk memanfaatkannya yang mana ia didagangkan pada harga premium dan tidak boleh dianggap bahawa saya mempunyai niat untuk keluar daripada `kapal’ ini memandangkan saya membinanya dengan keringat, air mata dan darah.

"Sudah pasti saya mahu memastikannya dapat terus belayar dalam lautan yang bergelora ini," katanya kepada DagangNews.com.

Beliau juga memberi jaminan akan menyalurkan jualan daripada waran ini untuk memperoleh kembali saham syarikat.

"Di sebalik ketidaktentuan ini, perniagaan berjalan seperti biasa di Serba Dinamik memandangkan nilai kontrak kami kini berjumlah RM18 bilion," katanya lagi.

(UnQuote)

It's so assuring coming from the CEO than listening to many sour grapes here who has missed this Battleship..

With Brent already breaches USD 85, all Captain Mabel Fossil Fuel Battleships and Supertankers are already cruising Full Speed and these Armada Fleet of Battleships will be Air Supported by AirAsia and Singapore Airlines Jet Fighters.

Life is so beautiful...

Enjoy your weekend as much as I do..

Meow

Posted by Mabel > 2021-10-24 08:06 | Report Abuse

Stock: [SERBADK]: SERBA DINAMIK HOLDINGS BHD

Oct 22, 2021 6:16 PM | Report Abuse

#Pinky privatisation? Hmm...
22/10/2021 6:09 PM

Privatisation is actually not a bad idea. Mabel has good experience with La Farge, Maxis, MAS and Cycle and Carriage.

For Cycle and Carriage it did not went through as some Investors got too greedy and vote against it. Mabel was actually happy with the offer prices to take it private just like La Farge, MAS and Maxis.

No issues for me if they want to take it Private.

Meow

Privatisation is even better. Serba has been consistently giving Dividend.

Sharing what the expert are saying...

(Quote)

Delving on the privatisation, a market observer contended that although the share price of Serba Dinamik has been badly hit due to governance issue emanating from the flagging of accounting discrepancies in its FY2020 financials by former external auditor KPMG PLT, the company’s fundamentals seem to remain intact with an outstanding order book.

In recent times, Serba Dinamik has secured 15 new contracts with 10 operation and maintenance (O&M) projects in Malaysia and Indonesia, and five engineering, procurement, construction and commissioning (EPCC) contracts in Malaysia and Nepal.

According to PublicInvest Research analyst Nurzulaikha Azali in her research note dated Aug 12, the contracts are valued at circa RM386.3 mil, hence able to improve Serba Dinamik’s earnings visibility to a healthy order book of RM18 bil.

“There are bound to be ups and downs in business … based on current position, it seems that Serba is too big to fail given it has played a big role in Malaysia’s oil and gas (O&G) industry and particularly so as a vendor development partner for the national oil corporation (PETRONAS),” opined a market observer.

“Henceforth, at its current valuation, it is not surprising that Serba’s major shareholders may contemplate taking Serba private on the basis that its valuation is too cheap to be ignored.”

The company’s five major shareholders as of Sept 10 are its founder, CEO and group managing director Datuk Dr Mohd Abdul Karim Abdullah (21%), the company’s non-independent non-executive director Datuk Abdul Kadier Sahib (16.25%), Amanah Saham Nasional Bhd (6.15%), the Employees Provident Fund (4.99%) and the Retirement Fund (Inc) (4.55%).

“Technically, Serba’s current valuation is at three times PE (price-to-earnings) compared to the industry’s average at six to seven times while its latest NTA (net tangible asset) value is a mere 1.05,” the market observer pointed out.

“All this gives credence that privatisation cannot be ruled out given such move will open up prospect of a better return to the company’s major shareholders”.

Assuming the prospect of privatisation is on the card, the market observer added he will not be surprised if the share price of Serba Dinamik “is able to double up from its current price”.

(Unquote)

Posted by Mabel > 2021-10-24 08:12 | Report Abuse

For your information, Mabel is also waiting patiently for Felda to take one of Mabel collection of Plantation Private.

Given the current Bio Fuel FCPO, Mabel think Felda will at least double up FGV Price to take it Private. FGV should be at par with Mabel's Singapore Wilmar Plantation...

So another YUM YUM YUMMY coming on the pipeline from Biofuel Plantation.

Life is so beautiful....

Meow