Posted by Honesty > Nov 26, 2021 9:20 PM | Report Abuse
Dont get me wrong, this is not a racial counter. In fact, Serba was long time darling for many chinese owned IB. Trust when the tide turn, the darling reputation will be reinstated across the board~~
Agree. In business just keep away the racial provocation
Posted by Gerrardo > Nov 26, 2021 10:19 PM | Report Abuse
This fact is true actually
Posted by Honesty > Nov 26, 2021 9:20 PM | Report Abuse
Dont get me wrong, this is not a racial counter. In fact, Serba was long time darling for many chinese owned IB. Trust when the tide turn, the darling reputation will be reinstated across the board~~
Mabel one of the most positive person in this forum.
Posted by Nikmon > Nov 26, 2021 4:42 PM | Report Abuse
I know who is the smart and greed accumulates before suspend, mablr...solomo...white, these 3 are the famous shameless genius investor stucked and waiting for delisting...very obvious....hope 3 of them won't suicide, talk with your family.....lol
leno quoted a group of conman accumulating then suddenly poof ! SUSPENDED.
Posted by ǷearlꙌhite > Nov 26, 2021 11:04 AM | Report Abuse
. Don't worry. That will change. Going forward, we may see MMLR and CSMA be made more robust.
As an example, (apart from Scomi, Genting etc),
Mavcom already media released that if AAX doesn't refund to passengers, then it will terminate its operating license.
Where is Bursa's concept of material facts when there is no formal disclosure from AAX to Mavcom's directive? Even at 5 sen, its still $$ to investors.
Jkoay no wonder our Index keep going South b'cos investors have no confidence in our market. Too much fraud and corruption. much
Serba Dinamik: Chairman, director quit in protest against Bursa demands. More board members have resigned from Serba Dinamik. The company has announced the resignations of its chairman Datuk Mohamed Ilyas Pakeer Mohamed and independent director Johan Mohamed Ishak, less than six months after the duo joined the board in mid-June. Both cited the same reason for their departure, which is that Bursa Malaysia's stipulations had stopped them from fairly discharging their duties. (The Edge)
What is the demand that they are not satisfied with actually?
Posted by dianatrader > Nov 26, 2021 10:44 PM | Report Abuse
Serba Dinamik: Chairman, director quit in protest against Bursa demands. More board members have resigned from Serba Dinamik. The company has announced the resignations of its chairman Datuk Mohamed Ilyas Pakeer Mohamed and independent director Johan Mohamed Ishak, less than six months after the duo joined the board in mid-June. Both cited the same reason for their departure, which is that Bursa Malaysia's stipulations had stopped them from fairly discharging their duties. (The Edge)
Posted by IronShirt > Nov 26, 2021 11:23 AM | Report Abuse
BobAxelrod Not just as simple to write of "Invisible" Assets.....Bankers freeze loans and Redemption of Bonds on immediate basis. Banks recalling all loans within 14 days......bye to sub-zero. _________________________________________
The problem is SB cannot give back All the Loan....inside Ponzi stacking..
# Gerrardo Suddenly remember the Titanic movie by Leonardo di caprio. So good Posted by superrr > Nov 26, 2021 4:00 PM | Report Abuse Yes, Titanic and Japan's Daimaru during World War two...It is over and too late to sing Theme song.. ------------------------------------------- PSAi3alert Titanic theme song? It's not near soon. 26/11/2021 10:04 PM
You can see all the players in this ship. To all the Team here, which one are you?
For sure Mabel will be playing the role of Rose since in real life Mabel looks like Kate Winslet. Mum is a German. The only difference is Mabel’s hair is Blonde. Our Superrr will of course will be my Jack (Leonardo DiCaprio)…
If you watch the Movie, Rose survived while Jack perished…really a sad love story…
Do you know why?
Mabel is a long-term Investor while Superrr is a short-term Traders. Of Course, long term investor will trump since they have a holding power…
I remembered the scene where Jack were drawing Rose's portrait.
Hihi
Posted by Mabel > Nov 26, 2021 10:57 PM | Report Abuse
# Gerrardo Suddenly remember the Titanic movie by Leonardo di caprio. So good Posted by superrr > Nov 26, 2021 4:00 PM | Report Abuse Yes, Titanic and Japan's Daimaru during World War two...It is over and too late to sing Theme song.. ------------------------------------------- PSAi3alert Titanic theme song? It's not near soon. 26/11/2021 10:04 PM
You can see all the players in this ship. To all the Team here, which one are you?
For sure Mabel will be playing the role of Rose since in real life Mabel looks like Kate Winslet. Mum is a German. The only difference is Mabel’s hair is Blonde. Our Superrr will of course will be my Jack (Leonardo DiCaprio)…
If you watch the Movie, Rose survived while Jack perished…really a sad love story…
Do you know why?
Mabel is a long-term Investor while Superrr is a short-term Traders. Of Course, long term investor will trump since they have a holding power…
Posted by ǷearlꙌhite > Nov 26, 2021 11:04 AM | Report Abuse
. Don't worry. That will change. Going forward, we may see MMLR and CSMA be made more robust.
As an example, (apart from Scomi, Genting etc),
Mavcom already media released that if AAX doesn't refund to passengers, then it will terminate its operating license.
Where is Bursa's concept of material facts when there is no formal disclosure from AAX to Mavcom's directive? Even at 5 sen, its still $$ to investors.
Jkoay no wonder our Index keep going South b'cos investors have no confidence in our market. Too much fraud and corruption. much
Serba Dinamik: Bursa rejects second request for extension to issue FY20 annual report. Bursa Malaysia has rejected Serba Dinamik Holdings's second request for an extension of time to issue its annual report for the FYE 30 June, 2021. Serba Dinamik shares have been suspended since Oct 22 and were last traded at 35 sen, giving the company a market capitalisation of RM1.3bn. (The Edge)
Serba Dinamik Holdings Berhad - Ceasing Coverage Author: PublicInvest Publish date: Thu, 25 Nov 2021, 10:15 AM
Shares of Serba Dinamik (Serba) have been suspended since October 22, of which Bursa Securities cited paragraph 16.02(1)(c) of the Main Market Listing Requirements in the interest of maintaining an orderly and fair market in the trading of the company’s securities. This came as a result of a directive by the regulator to disclose findings of the Special Independent Review pursuant to Paragraph 2.23(1) of the Main Market Listing Requirements, which Serba declined to do, contending that Ernst & Young Consulting Sdn. Bhd. is still in the midst of performing the Special Independent Review. Subsequent to this, Serba has missed coupon payments for its USD300m coupon, though the company has indicated that it will make good the payments within the 1-month grace period under the terms of agreement. Meanwhile, Serba’s Chairman and an independent director have just resigned, citing that Bursa’s most recent stipulations had stopped them from fairly discharging their duties. Bursa had, on November 22, announced that it was seeking a court order to compel Serba to disclose updates on the findings of the special independent review.
Given the heightened uncertainties as a result of these issues – accounting related queries, legal challenges with auditors (both KPMG and EY) and the regulator – we are unable to appropriately assess the prospects of the Group in the near to medium term. With earnings visibility likely to be limited and given the need to re-deploy our resources internally, we are ceasing coverage on Serba.
Our last call is Neutral with a target price of RM0.31 based on a 0.3x multiple to its FY21 book value of RM1.05. Earnings estimates should no longer be relied on as basis of investment decisions.
PublicInvest Research Headlines - 26 Nov 2021 - Nov 26, 2021 Shariah-compliant Securities List - One Notable Exclusion - Nov 26, 2021 Economic Update - ASEAN Capital Flow: Overdue For Return - Nov 26, 2021 Malayan Banking Berhad - Prospects Intact - Nov 26, 2021 Tenaga Nasional Berhad - No Surprises - Nov 26, 2021 Telekom Malaysia - Spurred By Stronger Unifi Revenue - Nov 26, 2021 Like Social Forum Comment Be the first to like this. Showing 1 comment.
TheGardener Ha Ha Ha Ha Ha Ha! Finally PBB sold off "Serba"! 26/11/2021 10:53 AM risekita8 Write a comment..
Sd said not to release the Sir for benefits of shareholder, bursa said must release for benefits of shareholders. First time I see two polarised stands are indeed true
Mabel is so touched that she is holding on till now....she is doing for PW only.. 26/11/2021 11:44 PM
Good morning joyvest!
Did you slept like a Baby?
Latest on Serba is Dato Karim is Selling 4.6% stake in KPower at below market price for RM10.38m is always a Good News from Mabel's view. It means, our CEO now has more ammunition to pump into Serba Dinamik...
Very Happy that he also sold all his WA Warrants. This means less competition to Mabel's Very Virgin and Untouched 2019 Free Warrants...
Moving forward Mabel see Two Scenarios...
1. If the report is half baked, Panic Investors will sell and consequently drives the price down. 2. If the report is fully baked, Many Investors will buy and consequently push the price up..
Just think for a minute, if you are sitting in Karim seat, what would you do?
In a filing to Bursa Malaysia today, SDHB said in the light of the approved standards on accounting and auditing, the company is of the opinion that the auditor should be given adequate time to perform their statutory obligations without interference and time constraints to ensure audit works can be conducted effectively and sufficiently.
What Serba needs is time so Mabel is willing to wait. No issues as Mabel is looking at Scenario 2. Either ways, Mabel's exposures is a Profitable FOC Mother Shares and Virgin Untouched 2019 Free Warrants which is not too heavy to hold since the expiry date is still long way to go..
Always remember, Our Serba has the ...
Best Secret Agent Best Lawyer Best Business man..
So Mabel feels so calm and relax since there's nothing much Mabel can do but wait. Just let our Big Boys finish their job.
Mabel still has faith in them after 21 Consecutive Profits since 2016. Serba is healthy with 18 Billion Contracts with more than RM 6 Billion annual revenue with more than 1 Billion in profits. Expecting 22nd Consecutive Profits coming soon.
Serba has been a good source of Dividend in Mabel's collection of Energy Battleships, Super Tankers and Jet Fighters. These armada come fully are equipped with fantastic State of the Art Missiles. Serba still has lots of value and it also touches the lives of many people and many Investors in PNB, EPF, BlackRock, VanGuard etc.
Yesterday one of these Missiles declared 10 sen Dividend...Hmm so Yummy...
Moving forward, here are some suggestions:
1. Go and watch the Titanic Movie and see how Rose Dewitt survive the ordeal. 2. Turn off the lights, take a deep breath.... Relax... 3. If you find it hard to relax...Do the Hustle....
#newbie2y Nice! revenue grew, profits grew, margins maintained, receivables grew, inventories also grew! and not to mention got 10sen divy! yeay! 24/11/2021 6:08 PM
#treasurehunt Impressive QR is here la. 24/11/2021 7:14 PM
#troy88 Well done Tech King! 25/11/2021 9:16 AM
Fantastic Result from our MPI!
First quarter 2022 earnings: EPS and revenues exceed analyst expectations
First quarter 2022 results: EPS: RM0.41 (up from RM0.28 in 1Q 2021). Revenue: RM584.5m (up 33% from 1Q 2021). Net income: RM81.7m (up 48% from 1Q 2021).
Profit margin: 14% (up from 13% in 1Q 2021). The increase in margin was driven by higher revenue.
Revenue exceeded analyst estimates by 2.7%. Earnings per share (EPS) also surpassed analyst estimates by 6.0%. Earnings per share (EPS) surpassed analyst estimates by 6.0%.
Over the next year, revenue is forecast to grow 8.4%, compared to a 28% growth forecast for the industry in Malaysia.
Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has increased by 70% per year, which means it is tracking significantly ahead of earnings growth.
#InvestorKING Wah,oil price big drop 13% over night 27/11/2021 7:27 AM
#InvestorKING Apasal? 27/11/2021 7:49 AM
Renewed Covid fears have managed to do what Biden couldn't, sending oil prices crashing as a new wave of demand destruction looms..
Yesterday Mabel's Fantastic Four Climb Double Digits. The Biggest Gainer is Top Glove with 17.33% increases. Many Shorties will not be able to sleep well during these 2 days..
WSJ News Latest; New Coronavirus Variant Arrives in Europe, Sets Off Global Fears of Restrictions EU, Asian countries ban arrivals from southern Africa, while one Covid-19 case from new variant is recorded in Belgium!
There is nothing wrong with the following @statement but if the irregularities are detected during the conduct of statutory auditors,its the onus of the auditors to disclose the material facts unless SD could prove otherwise.
Where such facts can not be disproved,SD should not then resort to authoritarianism to suit its agenda by hassling the auditors etc etc as if they did not want to leave any stone unturned.
The question of adequate time to be given to the auditors to perform their statutory obligations without interference and time constraints to ensure audit works can be conducted effectively and sufficiently is just a lame excuse.
In a filing to Bursa Malaysia today, SDHB said in the light of the approved standards on accounting and auditing, the company is of the opinion that the auditor should be given adequate time to perform their statutory obligations without interference and time constraints to ensure audit works can be conducted effectively and sufficiently.
So many worried and concern people, this can only proved Serba attractiveness!! Fact is they are hoping for the counter to open again so that they can buy the cheap ticket!! Wakaka
Obviously, they are panicky of missing this boat to the moon and is desperate to create panic and hope holders will sell them the cheap ticket once it is opened !! LOL
So many assumption, accusation, denial and name calling ~~ why la you so frustrated with Serba ?? Why la so desperate in creating that panic ?? Wakaka …
Accept the fact, 100% loss is not easy but your brain just too little for investment. Don't suicide and chat with your family. I know it is hard earn money, you just too stupod to invest in equity
Since EY finding has published, I believe SC and MSWG will act soon
Honesty quoted So many assumption, accusation, denial and name calling ~~ why la you so frustrated with Serba ?? Why la so desperate in creating that panic ?? Wakaka … 27/11/2021 12:26 PM
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
shybutter
624 posts
Posted by shybutter > 2021-11-26 22:00 | Report Abuse
What decision actually?
Posted by treatshijau > Nov 26, 2021 3:57 PM | Report Abuse
nice work ahead
waiting for the decision
time is near