I don't understand why the one month extension but very impressive that EY able to come out some factual findings with some soft and hard copy report in just few months. Another 1 month they can even digging more and more then. That time more thing to clarify.
who care who say what ?? as long as it is suspended till the positve SIR!! Not need to kepoh about who is right or wrong, the fact is Serba is working on the SIR and is given all the time to do so without fearing their share to drop further !! Which mean karim cant forced sell and other IB cant leave ~~
The writing is on the wall for Serba, it just needs to be understood.
Robust 10+% profit through one of the hardest periods in the O&G industry (even without COVID) and in the role of a service company not an operator. This, at a time when everyone in the O&G business was hurting, including the operators.
2020 AR gets flagged by KPMG, Serba do nothing other than go on the offensive to destroy KPMG’s reputation and make a complete mess of it.
INEDs resign, new INEDs taken on
Q5 report on the same track as Qs 1 through 4 - everything allegedly OK.
Q6 report a drop from 11% to 1% profit. The new INEDs have to stand by this QR, their necks are on the line. Was the drop due to COVID suddenly affecting the bottom line? Even if it did why would the profit suddenly drop across all Serba’s operations worldwide? Other O&G companies that had been shutdown restarted operations between Q4,2020 and Q1,2021.
The SIR is very late! How long does it take to check the punctuation in LLC?
Will the 2020/2021 AR include a re-evaluation of the Q1 through Q5 results? The INEDs necks are on the line once approved.
Very little interpretation required.
Should Serba survive, the real share price is not RM1.6+ but more likely RM0.30. The Q6 report is likely to reflect the real finances of Serba.
Change out the BoD and let the company be salvaged.
According to my auditor friend, Serbadk, Kpower and SCIB can't be delisted or PN17. Some one need to be charge for wrong doing and company continue running.
Promoters cold feet dy. It is ok, congratz...for your loyalty, k need you. Without u, SD n k may have already sank months ago. Keep ur spirit, congratz 4 being long term holders.
Who care about what you think and suggest!! The fact is you are just another cheap skate waiting for the cheap ticket~~ FYI, really confirdent that the share will open again once the SIR is release and chance of it being good is really high due to the time given to iron it out!! Wakaka so dont get you hope of buying cheap ticker too high …
Posted by Honesty > Oct 27, 2021 8:50 PM | Report Abuse
who care who say what ?? as long as it is suspended till the positve SIR!! Not need to kepoh about who is right or wrong, the fact is Serba is working on the SIR and is given all the time to do so without fearing their share to drop further !! Which mean karim cant forced sell and other IB cant leave ~
Trust most of the holders dont mind waiting because we all know once it resume trading, it will be on a up trend due to the positive SIR and the 8 contracts won !! Huat arrrr !!
In this situation, Chef has to be changed for the better. The classic tragedy of how to run your companies to the ground.
SHQuah According to my auditor friend, Serbadk, Kpower and SCIB can't be delisted or PN17. Some one need to be charge for wrong doing and company continue running. 27/10/2021 8:57 PM
Just imagine when the positive SIR is out and Serba is proven innocent!! Dont you think EPf and other IB would increase their stake ?? EPF from 4plus to 8plus % IB a few more percents!! The road to 1.60 will be really really fast ~~ Maybe within a couple of weeks!!
Posted by Honesty > Oct 27, 2021 9:06 PM | Report Abuse
Just imagine when the positive SIR is out and Serba is proven innocent!! Dont you think EPf and other IB would increase their stake ?? EPF from 4plus to 8plus % IB a few more percents!! The road to 1.60 will be really really fast ~~ Maybe within a couple of weeks!!
No need to change anyone!! The chef is doing a good job ~~ He has stop the price from dropping now and is working hard on the SIR!’! It is going to be really good for all of us ~~
bobvic96 Honesty No need to change anyone!! The chef is doing a good job ~~ He has stop the price from dropping now and is working hard on the SIR!’! It is going to be really good for all of us ~~
He DID a good job then lost his way (got greedy?) and has since lead Serba towards insolvency.
Better to be in a hallucination than to have a false hope in buying cheap ticket !! Understand the desperation of wanting something so badly yet cant get it !! No wonder someone is so hardworking in trash talking here !! LOL
i hope the crooks and busteds in Serba bw hanged by theirs balls. may their wholE FAMILIES BE CURSED FOR 6 GENERATIONS. Apeople work so hard and they steal peoples money and enjoy life. their lowlife parents never taught them about honesty?
Pity you caught in high price and hallucination on false hope of Chef counter coming back, face reality it is suspended. Price of the share is zero, not marketable.
Posted by Honesty > Oct 27, 2021 9:13 PM | Report Abuse
Better to be in a hallucination than to have a false hope in buying cheap ticket !! Understand the desperation of wanting something so badly yet cant get it !! No wonder someone is so hardworking in trash talking here !! LOL
Honesty Better to be in a hallucination than to have a false hope in buying cheap ticket !! Understand the desperation of wanting something so badly yet cant get it !! No wonder someone is so hardworking in trash talking here !! LOL
I'm not looking for cheap tickets. I won't (re)buy Serba, SCIB or any company run by any of the current board members, especially the CEO.
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Posted by alieyasmart > 2021-10-27 20:44 | Report Abuse
Interesting to see Public Bank still ask to hold.