Who is the lonkang chef, 3 days since Bursar instructions, need so long to cook....lol
Huatexpert EY SIR report is too plain... It need to add some Salt, Vinegar, Sugar... May be some chili powder added with some deco for presentation... therefore it take longer time to announce.... 25/10/2021 2:14 PM
If SIR not announce, Serba share will continue be suspended, then it will have no margin call.. You need to know CEO has better picture for who situation... In order to avoid margin call, he need to do something....
CEO prefer to focus on business as usual so that he dont need to monitor the share and Investment bank wont chase him for force selling... The best way is to suspend the share trading infinite so that the whole management focus on business not looking i3 comments...
no surprise leh he always turn the good situation to bad one leh. Like sudden sold of all wa , make mother red red. Later , you see SCIB-WB and scib also will slowly drop to red red, hehehehhehe
----------------------------------------------------------------------------------------------- newtrader1989 Kpower red red hahaah 25/10/2021 2:36 PM
If SIR come out with bad The company might be delisted or the price pump down to the floor
So it has EXTREME Possibilities that it will not be going to come out of the SIR, just to let the suspension go on to "MAINTAIN" the price and avoid from delisted until they can make something change to gain back investors' trust. Dragging time tricks.....
Your money will be stuck for 1 week? 1 month? 1 year? 10 years?
Delay for a few years.... do you even understand anything about SC or Bursa rulings & policies??? .................................................................. treasurehunt If i were Karem, i would delay as long as possible...May be few years. It takes time to sort out all these problems and restructuring the group to rescue the situation. If not, every stakeholders of SD would be heading Holland.
Totally dont understand, can share share or not the ruling --------------------------------------------------------------------------------------------------------------
Trader258 Delay for a few years.... do you even understand anything about SC or Bursa rulings & policies??? .................................................................. treasurehunt If i were Karem, i would delay as long as possible...May be few years. It takes time to sort out all these problems and restructuring the group to rescue the situation. If not, every stakeholders of SD would be heading Holland. 25/10/2021 2:45 PM
Now karim learn from the mistakes. Die die holding the release of factual findings until they are satisfied.
Bursa already said they don't need the full SIR to resume the trading. Just the facts findings reported by EY alone is enough. Facts findings update is part of the full SIR anyway
The bigger Q? How low can SB go. From 2.00+ down to current 35 sen. Karim, Kadier, Awang all forced to dispose off their shares holdings in SD{ margin calls etc} at current price what else has the market has not price in. If EY report is not adverse then good chance for SD to ride out the storm. Karimand and it's partner have more to lose compared to others.
cry cry, do you mean, SD is still in the process of finding good facts from the EY report ?? alamak , if like this , habis lah, cry cry
-------------------------------------------------------------------------------------------------------------- Stockisnotfun Now karim learn from the mistakes. Die die holding the release of factual findings until they are satisfied.
Bursa already said they don't need the full SIR to resume the trading. Just the facts findings reported by EY alone is enough. Facts findings update is part of the full SIR anyway
#DJThong I’m with Mabel on this. Those of you create so much fake news - for what? You’re either in or out . No need for all the drama 25/10/2021 1:55 PM
Indeed DJThong!
i3 Target Price for Serba is RM 1.22
i3 is pretty smart. that's why many Naysayers cannot sleep over the Weekend while most Serba Upcoming Millionaires on board this Battleship can sleep like a baby..
#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..
Whichever options they proceed, Mabel think Serba can do much better than AA with this KPGG law suits plus other potential upside as highlighted by Serba Millionaires earlier..
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Stockisnotfun
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Posted by Stockisnotfun > 2021-10-25 14:22 | Report Abuse
The delay is no good for the shareholders at all. Not even single benefit to shareholder except karim.