Posted by Mabel > 2021-12-02 08:41 | Report Abuse

Dow finishes 460 points lower in major reversal triggered by first U.S. omicron case

The major averages fell sharply, giving up solid gains, on Wednesday after the Centers for Disease Control and Prevention confirmed the first case of omicron in the U.S.

Posted by vcinvestor > 2021-12-02 08:54 | Report Abuse

Thanks, Mabel. I'm sure that will affect the trading direction of a counter that's been suspended for over a month.

Posted by BobAxelrod > 2021-12-02 09:03 |

Post removed.Why?

Posted by BobAxelrod > 2021-12-02 09:05 |

Post removed.Why?

Posted by Mabel > 2021-12-02 09:14 | Report Abuse

Trending Now - Hot Stocks Today

Rank Company Score
1 TOPGLOV 1000
2 SUPERMX 649
3 PBBANK 461
4 SERBADK 453
5 DNEX 411
6 ATAIMS 411
7 MAYBANK 368
8 GENTING 346
9 TENAGA 333
10 HARTA 297

Last updated: Dec 2, 8:21 AM

Serba Battleship is still docking unlike all other Battleships and Supertankers already cruising out there in the Open Sea..even Mabel Jet Fighter Air Asia close Green yesterday in the Open Sky..

Datoi Karim, Bursa and SC,

What say you?

Perhaps it about time to get Serba back to actions.

Many are so excited to get board already...some even cannot sleep like a baby anymore..

Mabel also now very itchy to buy with so many Dividends in hand lately...

To Our Success !

Meow

Posted by Huangbk72 > 2021-12-02 09:15 | Report Abuse

Mabel is losing sanity and credibility

Exposed and tagged as a fraud

Continue posting cut and paste nonsense pls…

You are just a sideshow act..

Repent and you may have salvation.. hahaha

Posted by Mabel > 2021-12-02 09:16 | Report Abuse

#vcinvestor Thanks, Mabel. I'm sure that will affect the trading direction of a counter that's been suspended for over a month.
02/12/2021 8:54 AM

Cheers vcinvestor!

Posted by BobAxelrod > 2021-12-02 09:17 |

Post removed.Why?

Posted by tradersampah > 2021-12-02 09:22 | Report Abuse

everyday ppl talking serbadk, but serbadk still relax no sir, no AR

Posted by BobAxelrod > 2021-12-02 09:30 |

Post removed.Why?

Posted by alenac > 2021-12-02 09:38 | Report Abuse

A few just dun need meths to hallucinate in this forum.

Posted by Huangbk72 > Dec 2, 2021 9:15 AM | Report Abuse

Mabel is losing sanity and credibility

Exposed and tagged as a fraud

Continue posting cut and paste nonsense pls…

You are just a sideshow act..

Repent and you may have salvation.. hahaha

Posted by hijau belalang > 2021-12-02 09:48 | Report Abuse

morning
any news?
or progress?

Posted by hijau belalang > 2021-12-02 09:51 | Report Abuse

can't wait to see the update
need to have bigger coverage
only time will tell

Posted by ǷearlꙌhite > 2021-12-02 09:51 | Report Abuse

.
Serba Dinamik – A look at the truth from a distance (Part 1)

The latest announcement of Serba Dinamik’s (“SD”) financials as at 30th September 2021, provides some pretty intriguing insights to the ongoing Special Independent Review (“SIR”) saga.

Firstly, we now know that the responses from SD’s CEO in the media was the truth on the impact on its revenue and financing generating capabilities towards SD’s reputation.

We’re building back better than ever, says Serba Dinamik CEO
Imran Ariff -August 30, 2021 8:30 AM
https://www.freemalaysiatoday.com/category/nation/2021/08/30/were-building-back-better-than-ever-says-serba-dinamik-ceo/

“I would not lie to say that everything is still normal, there are banks which pulled the brakes. At the same time, there are some banks who are still continuing their support and, of course, we have partners from other parts of the world who believe in us and are convinced of our integrity and technical capabilities.

“There are some business partners … they were not happy and they have actually stopped the collaborations or business ventures we had agreed on, but we have mitigated that with other options and alternatives, and as a result of that, I would say it is still a situation that is manageable.”

Secondly, this had led to the necessary re-structuring of SD in order to mitigate the situation.

New internal organisation structure at Serba to firm up biz operations
By Cheah Chor Sooi 10/01/2021 in Featured, Markets
https://focusmalaysia.my/new-internal-organisation-structure-at-serba-to-firm-up-biz-operations/

“This follows a realignment exercise of the group’s organisational chart by its board of directors and top management to ensure a more effective global operation which will ultimately enable the group to continue delivering its shareholder’s mandate.”

Thirdly, with the now audit discrepancies which are not finalised amounting to RM1.438 billion, (refer : The Edge’s “Bursa’s suits sheds more light on Serba Dinamik’s financials” - 29th November 2021), there was no mention that up to RM3 billion worth of audit discrepancies were resolved and why RM1.438 billion remains unresolved. However, in Bursa Outstanding Summons,

"It also sought a court order directing Serba Dinamik to complete the SIR with E&Y or in the event of EY's premature resignation or its termination, the court orders the company to appoint an independent reviewer with international affiliation within 14 markets days for the SIR to be completed."

There are 2 parts to this intriguing statement.

Firstly, in the event that the SIR would not be completed by EY, which is what Serba Dinamik has been pursuing, does this mean that Bursa is of the opinion that the EY SIR in whatever status of completion cannot be relied upon? If so, why is it then that the Factual Findings Update be deemed material and relied upon then?

Is this a redemption for Bursa for the way the SIR proceeded with questionable procedural, execution and decisions previously?

Secondly, Serba Dinamik is expected to appoint an independent reviewer with international affiliation. The quickest way and humanly possible way is with Nexia. After all, Nexia is conducting the audit for FY20/21 and would be the logical candidate to investigate what is being currently audited. If so, the SIR can be part of the Auditor's Statement for FY20/21.

Is this a lifeline given to Serba Dinamik to resolve this the quickest and more importantly, with ultimate independence, assurance and credibility?

Serba’s head honcho denies RM4.5 bil audit discrepancies.
By Cheah Chor Sooi 08/02/2021 in Featured, Markets
https://focusmalaysia.my/serbas-head-honcho-denies-rm4-5-bil-audit-discrepancies/

““Everyone has read the information wrongly; the RM4.54 bil consists of items that shouldn’t be added together. You cannot add costs and revenue together which is how the figure has been derived. This goes against financial literacy,” he was quoted as telling the Free Malaysia Today (FMT) portal.

“Perhaps, people are intentionally trying to sabotage us by exaggerating the numbers. We are not ruling this out.”

p.s. Please circulate to the Telegram/Whatsapp group and forums. Thanks.
.

Posted by ǷearlꙌhite > 2021-12-02 09:51 | Report Abuse

.
Serba Dinamik – A look at the truth from a distance (Part 2)

Fourthly, in SD’s legal battle with KPMG is looking more likely to succeed given that up to RM3 billion audit discrepancies have been resolved and RM1.438 remains work in progress (refer third insight).

Serba to sue external auditor for a “sum not small but astronomical”
By Cheah Chor Sooi 06/22/2021 in Markets
https://focusmalaysia.my/serba-to-sue-external-auditor-for-a-sum-not-small-but-astronomical/
“As a result, the company (Serba Dinamik) has taken a big hit for something which is not its fault. There is a dire need to seek justice for the company whose reputation has been dragged down (so low),”

Finally, in hindsight, SD has suffered reputational damage from this on-going saga. Given the fact that Securities Commission Malaysia (“SC”) has just initiated its own investigation, despite having seized documents from various SD premises on 18th May 2021, does this also mean SC will issue its own report to validate a completed SIR? What is SC’s response to the RM3 billion that have been resolved?

SC says Serba Dinamik probe ongoing
Adam Aziz November 12, 2021 08:33 am +08
https://www.theedgemarkets.com/article/sc-says-serba-dinamik-probe-ongoing-backs-ey-special-review

“The regulator assures the investing public that it has made progress on its investigation and additional resources have been added to the team to ensure the investigation is completed in a timely manner. “


Conclusion
A lot has happened and clearly, even with the conclusion of the SIR, there will be definitely a review on the existing regulations and ways to improve on its efficiency and execution.

That said, SD is on track to redeem itself for continuously telling the truth, both in and outside the courts.

p.s. Please circulate to the Telegram/Whatsapp group and forums. Thanks.
.

Posted by ǷearlꙌhite > 2021-12-02 09:57 | Report Abuse

.
Just a reminder when you forward the messages, that the internet links are abbreviated in klsei3,

You have to make sure that the link is working by opening it in the browser 1st and copy it from there.

Thanks.
.

Posted by hijau belalang > 2021-12-02 09:58 | Report Abuse

i believe some arrangement is made
will see later
exciting time ahead

Posted by Vicky > 2021-12-02 10:05 | Report Abuse

TH Heavy Engineering Berhad an example PN17 /Suspension and delisting. Value drop 70% instantly

Posted by Vicky > 2021-12-02 10:06 | Report Abuse

Look at it now. Same fate to Serba with 1.3B gonna wipe out soon

Posted by BobAxelrod > 2021-12-02 10:06 |

Post removed.Why?

Posted by hijau belalang > 2021-12-02 10:06 | Report Abuse

next plan
will see slight different

Posted by Vicky > 2021-12-02 10:07 | Report Abuse

Dun play play with Bursa Malaysia. Dead is near. Sayorana for all those hard years

Posted by i3lurker > 2021-12-02 10:12 | Report Abuse

Bursa Malaysia will NOT be accepting any summons from Serba tomorrow

Posted by amirf1221 > 2021-12-02 10:18 | Report Abuse

Live long
Then we know how
Sure got alternative

Posted by BobAxelrod > 2021-12-02 10:19 |

Post removed.Why?

Posted by amirf1221 > 2021-12-02 10:19 | Report Abuse

Any concrete decision?
Or see another version of story?
Act fast

Posted by i3lurker > 2021-12-02 10:23 | Report Abuse

tomorrow Public Holiday lah

:)

Posted by BobAxelrod > 2021-12-02 10:23 |

Post removed.Why?

Posted by BobAxelrod > 2021-12-02 10:27 |

Post removed.Why?

Posted by amirf1221 > 2021-12-02 10:28 | Report Abuse

Fighting for better rate
A good move
Need better execution

Posted by superrr > 2021-12-02 10:31 | Report Abuse

This 60+ mabel and pearlblack is the same person, sd already death penalty still non-stop for useless action promotion...

Posted by amirf1221 > 2021-12-02 10:32 | Report Abuse

Before holiday, need to have a better one
Good time coming
Or maybe shift from the current trend

Posted by i3lurker > 2021-12-02 10:33 | Report Abuse

once no more credibility

KPower and SCIB sure die

Business is all about trust

Posted by Lucifer999 > 2021-12-02 10:35 | Report Abuse

agreed reputation is tarnished it's hard to back to normal

Posted by superrr > 2021-12-02 10:40 | Report Abuse

A lot of counters have been delisted before, and two more is not too much. Don't be so naive and think that it will affect the Malaysia stock market ... sd is nothing in Malaysia.

Posted by BobAxelrod > 2021-12-02 11:11 | Report Abuse

Maybe someone took some heavy positions yesterday and looking for reversal from DJ, finding none yet....now buying some extra time???

Posted by Lucifer999 > 2021-12-02 11:31 | Report Abuse

remember to wear batik tomorrow see got miracle or not

Posted by muhfiq > 2021-12-02 11:41 | Report Abuse

Not a wise action to announce holiday

Foreign investor?

Never care at the place

Posted by muhfiq > 2021-12-02 11:41 | Report Abuse

Will see only next week

Longer time to wait

The usual practise

Posted by fighter88 > 2021-12-02 11:49 | Report Abuse

Meow !!! ka ka ka . Stil in serbadk goyang ship ...... Lose till holland ....

Posted by i3lurker > 2021-12-02 11:50 | Report Abuse

guess Serba's life got extended by 1 more day.

why?

court system closed mah

courts already huge backlog.
1 more day wasted
Rakyat punya justice ignored

looking the other way.

Serba's lawsuits got delayed 1 more day?

Posted by amateurJR > 2021-12-02 11:51 | Report Abuse

Mabel SKL No 1. Listen to this ladyboy can go Holland

Posted by fighter88 > 2021-12-02 11:51 | Report Abuse

Already said many time, fake acoount company totally can not touch , even play rebound also not worth ... Risk bigger than return .........

Posted by fighter88 > 2021-12-02 11:54 | Report Abuse

End of show , later will become toilet paper and like Megan & Transmile delisted fr Bursa .....

Posted by tradersampah > 2021-12-02 11:56 | Report Abuse

kpower pandalela, scib still suspended, cant image how serbadk will be

Posted by fighter88 > 2021-12-02 11:58 | Report Abuse

KPower holder also better run now , later EY report release , lagi worse.....

Posted by Vicky > 2021-12-02 12:04 | Report Abuse

Pak Karim thinks easy to make money in stock market. company every quarter make money. sekarang kena birn

Posted by muhfiq > 2021-12-02 12:05 | Report Abuse

Now have to wait first

Got time to restrategize

Goodluck

Posted by Vicky > 2021-12-02 12:05 | Report Abuse

PN 17/Suspension/Delisting notice may be announced. Get ready guys

Posted by muhfiq > 2021-12-02 12:06 | Report Abuse

Can't imagine the result next week

Must have huge one

Been waiting for it to execute