SERBA DINAMIK HOLDINGS BERHAD

KLSE (MYR): SERBADK (5279)

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0.02

Today's Change

0.00 (0.00%)

Day's Change

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0


29 people like this.

108,949 comment(s). Last comment by Vicky 2 weeks ago

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2021-12-02 19:35 |

Post removed.Why?

Posted by alieyasmart > 2021-12-02 19:37 | Report Abuse

Is KPower good now?

Posted by BobAxelrod > Dec 2, 2021 10:27 AM | Report Abuse

Waaaa.... the 2 tranches of KPower done Off markets wouldn't be happy now. In fact one of them, the 3.75 million done at 455c and now market is below....Some southern bigshots fuming already???

Posted by dianatrader > 2021-12-02 19:41 | Report Abuse

Does he has some magic again?

Posted by BobAxelrod > Dec 2, 2021 4:34 PM | Report Abuse

Guess this means, turning 360 degrees, and back to same spot???


Posted by josephn > Dec 2, 2021 4:08 PM | Report Abuse

Karim said 360 degree turnaround is guaranteed

Posted by dianatrader > 2021-12-02 19:41 | Report Abuse

Sometimes it is really interesting to see what will Karim and SD do to overcome this issue.

Their action will be so surprise

Posted by alieyasmart > 2021-12-02 19:43 | Report Abuse

Already passed Oct right?

Posted by armadatuah2017 > Dec 2, 2021 5:07 PM | Report Abuse

Boss K did highlight in its interview on some big announcement end of year in Oct..

risekita8

534 posts

Posted by risekita8 > 2021-12-02 19:50 | Report Abuse

What kind of comment is this?

Posted by josephn > Dec 2, 2021 4:28 PM | Report Abuse

Court, Bursa and Auditor has no power to against Sultan, Government, Bangsa Melayu and Umat Islam.

risekita8

534 posts

Posted by risekita8 > 2021-12-02 19:51 | Report Abuse

Kindly please avoid from making any controversial topics such as racism or related with sultan

kfbusjd

665 posts

Posted by kfbusjd > 2021-12-02 19:59 | Report Abuse

hope the problem can be solved. Out of 4 something billions project red flagged by kpmg, Only around 1 billion something cant be verified by EY. And now Serba is working hard to solve that.

Posted by BearBear6115 > 2021-12-02 19:59 | Report Abuse

https://www.astroawani.com/berita-bisnes/serba-dinamik-catat-hasil-rm7993-juta-pada-q1fy22-333821

now i am confused, any holder here mind to share their thought ?

Depeche

4,451 posts

Posted by Depeche > 2021-12-02 19:59 | Report Abuse

Don't get too obsessed overkilling SD and get yourself sued....LOL... you're not untraceable u know.

Posted by BearBear6115 > 2021-12-02 20:04 | Report Abuse

https://www.nst.com.my/business/2021/11/750167/serba-dinamik-posts-nearly-rm800mil-revenue-q1

now i am confused, any holder here mind to share their thought ?

Posted by OldWiseMan100 > 2021-12-02 20:26 | Report Abuse

@BearBear6115

It is revenue, not profit. it is like you made RM5 'Revenue' selling 1 plate of nasi lemak, after you minus your cost, the Profit is RM1.

Posted by dimmubroker > 2021-12-02 20:27 | Report Abuse

I wonder how Karim is still very confident.

Might be he does really have the solution

Posted by superrr > Dec 2, 2021 4:42 PM | Report Abuse

Promise to drool without cost....

----------------------------
josephn Karim said he could revived the company at December, he promised ikan bilis

Posted by BearBear6115 > 2021-12-02 20:40 | Report Abuse

@oldwiseman100 tq

hanna20

570 posts

Posted by hanna20 > 2021-12-02 22:22 | Report Abuse

Now have to wait next week

Posted by Beautyseeker > Dec 2, 2021 7:16 PM | Report Abuse

Still no update til now

Posted by amirf1221 > Dec 2, 2021 10:19 AM | Report Abuse

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

hanna20

570 posts

Posted by hanna20 > 2021-12-02 22:23 | Report Abuse

By next week, SD or Bursa should come out with latest status of this.

Many is waiting

Posted by dimmubroker > 2021-12-02 22:26 | Report Abuse

All market is bad today.

People cashing out for year end holiday

Posted by vision912 > Dec 2, 2021 5:17 PM | Report Abuse

@BobAxelrod....Markets so bad so come here for entertainment

joyvest

10,190 posts

Posted by joyvest > 2021-12-02 22:27 | Report Abuse

Pathetic

Mastermind of the greatest shenanigans on bursa with fictitious projects,dummy receivables,fake payables, phantom of materials at site and mirage of profits.....gone with the wind now.....

Posted by kamirise360 > 2021-12-02 22:33 | Report Abuse

Sudden winning by KL City FC is unpredictable.

That is why we unexpected on the holiday.

Posted by shareinvestor888 > Dec 2, 2021 11:06 AM | Report Abuse

Sudden holiday announcements very ‘mah fan’ & can be counter-productive especially when FT is centre of Malaysia’s financial business.

Bursa have no choice but close tomorrow, all payments, settlements may have to brought forward today or extended till next Monday…. How to educate some senior politicians to be economiy savvy ah?

Posted by kamirise360 > 2021-12-02 22:34 | Report Abuse

But it is good for KL to win.

If only JDT win all, the Malaysia football will be more bored

shybutter

624 posts

Posted by shybutter > 2021-12-02 23:07 | Report Abuse

TMJ already announced that he will spend more for next season.

I think he will buy the KL City FC instead.

Posted by kamirise360 > Dec 2, 2021 10:34 PM | Report Abuse

But it is good for KL to win.

If only JDT win all, the Malaysia football will be more bored

shybutter

624 posts

Posted by shybutter > 2021-12-02 23:08 | Report Abuse

Nowadays, the power of money is the biggest power in the world.

Just wish that TMJ will buy SD to save the investors. Hee

Posted by risingstar21 > 2021-12-02 23:12 | Report Abuse

Serba clinches CSR Malaysia’s overall excellence award
Author: savemalaysia | Publish date: Wed, 1 Dec 2021, 10:03 AM

SERBA Dinamik Holdings Bhd has put aside all its corporate woes to bag the corporate social responsibility (CSR) Overall Excellence Award at the recent Sustainability and CSR Malaysia Awards 2021.

The annual event organised by CSR Malaysia is aimed at giving appreciation and recognition to companies that have shown exemplary performance throughout the year through its commitment to CSR.

Serba Dinamik group managing director and CEO Datuk Dr Mohd Abdul Karim Abdullah said that the global integrated oil & gas (O&G) service provider had spent RM2.13 mil for various CSR programmes from June to December 2021.

“We came forward to help communities across the country when the COVID-19 pandemic hit Malaysia, and we channelled assistance to various segments of society, including to frontliners,” he said in a statement.

Abdul Karim further noted that Serba Dinamik is fully committed to continuing and re-doubling its noble efforts to help the community through its various CSR initiatives in 2022 and beyond.

According to the statement, the group’s CSR activities have focused on education, healthcare and general semantics through a special team called the “Serba Care Team”.

The three main objectives of the Serba Care Team are based on education and learning, social well-being and human capital development.

Serba Dinamik was last transacted at 35 sen at the close of the mid-day trading on Oct 22 prior to the trading suspension of its shares/warrants, hence giving the company a market capitalisation of RM1.31 bil. – Dec 1, 2021



https://focusmalaysia.my/serba-clinches-csr-malaysias-overall-excellence-award/

Posted by risingstar21 > 2021-12-02 23:13 | Report Abuse

It will be more good if the excellence award can be change into good price.

Hopefully, SD will come over the suspension real soon.

Gerrardo

630 posts

Posted by Gerrardo > 2021-12-02 23:17 | Report Abuse

This is not about who will win.

It is more about how this situation can be settle down.

All investors are hoping for the best

Posted by SinGor > Dec 2, 2021 3:59 PM | Report Abuse

so far round 1, Karim won hands down. Bursa Talks Big but cannot do anything. Coming, Coming 31Dec 2021 Karim sent AR or SIR to Bursa ( accept or throw it into the LongKang---Bursa your move )

shybutter

624 posts

Posted by shybutter > 2021-12-02 23:24 | Report Abuse

Yes.

I think if SD is not under suspension all this time, with their new business deal, new awards etc, surely the price has been hiking up to the sky.

But it is all 'IF'

Posted by risingstar21 > Dec 2, 2021 11:13 PM | Report Abuse

It will be more good if the excellence award can be change into good price.

Hopefully, SD will come over the suspension real soon.

Gerrardo

630 posts

Posted by Gerrardo > 2021-12-02 23:28 | Report Abuse

But if SD and Karim really can solve this, surely the price will be good after this.

But they need to settle the SIR and AR now.

Posted by shybutter > Dec 2, 2021 11:24 PM | Report Abuse

Yes.

I think if SD is not under suspension all this time, with their new business deal, new awards etc, surely the price has been hiking up to the sky.

But it is all 'IF'

Posted by risingstar21 > Dec 2, 2021 11:13 PM | Report Abuse

It will be more good if the excellence award can be change into good price.

Hopefully, SD will come over the suspension real soon.

bojed

5,064 posts

Posted by bojed > 2021-12-03 00:00 | Report Abuse

IF

"If my grandmother had wheels, she would've been a bike."

https://youtu.be/A-RfHC91Ewc

joyvest

10,190 posts

Posted by joyvest > 2021-12-03 08:35 | Report Abuse

No disclosure of FFU by SD, no lifting of suspension by SC

No submission of AR,no lifting of suspension by SC

Since SD has taken the legal recourse to challenge the need of disclosure and on the other hand SC has appealed to the Court to compel SD to disclose, then let the law take its course. Who will win? Time will tell

When will the time tell? Nobody knows but time is running out......SD would probably break the record of having the longest suspension in history.....

superrr

3,741 posts

Posted by superrr > 2021-12-03 08:43 | Report Abuse

Mabel of course is totally no knowledge and skill in shares charting, only know how to write long long articles and bragging around to live his/her 60+ boring days....

alenac

2,648 posts

Posted by alenac > 2021-12-03 08:47 | Report Abuse

The award is a joke, not even responsible to investing public let alone CSR. Reality blurred by public relation exercise.

Posted by risingstar21 > Dec 2, 2021 11:12 PM | Report Abuse

Serba clinches CSR Malaysia’s overall excellence award
Author: savemalaysia | Publish date: Wed, 1 Dec 2021, 10:03 AM

SERBA Dinamik Holdings Bhd has put aside all its corporate woes to bag the corporate social responsibility (CSR) Overall Excellence Award at the recent Sustainability and CSR Malaysia Awards 2021.

The annual event organised by CSR Malaysia is aimed at giving appreciation and recognition to companies that have shown exemplary performance throughout the year through its commitment to CSR.

superrr

3,741 posts

Posted by superrr > 2021-12-03 08:47 | Report Abuse

Of course this old grandmother madel is very long-winded..

alenac

2,648 posts

Posted by alenac > 2021-12-03 08:51 | Report Abuse

Some people here made a killing in Gloves sector in the last 2 years, so can afford to splurge on other dead stocks like Serbak, so they can afford to be arrogant and careless.

superrr Mabel of course is totally no knowledge and skill in shares charting, only know how to write long long articles and bragging around to live his/her 60+ boring days....
03/12/2021 8:43 AM

superrr

3,741 posts

Posted by superrr > 2021-12-03 08:56 | Report Abuse

What will be the award ? ikan bilis have been awarding huge ton of $ to sd...

alenac

2,648 posts

Posted by alenac > 2021-12-03 09:02 | Report Abuse

More of top award to Serbak for lacking transparency.

Posted by superrr > Dec 3, 2021 8:56 AM | Report Abuse

What will be the award ? ikan bilis have been awarding huge ton of $ to sd...

superrr

3,741 posts

Posted by superrr > 2021-12-03 09:21 | Report Abuse

Haha..I think the two nenek is the same person : Mabel & Pearlblack......



shareinvestor888 Haha ha agree @superrr… actually 2 nenek here very long-winded….too much wind dalam otak… wkakaka

InterFund®

1,777 posts

Posted by InterFund® > 2021-12-03 09:36 |

Post removed.Why?

ǷearlꙌhite

1,652 posts

Posted by ǷearlꙌhite > 2021-12-03 09:49 | Report Abuse

.
Bursa, EY and The Edge - The number is seen but cannot be seen otherwise
By Pearlwhite 2nd December 2021, 6.50PM (updated 3rd December 2021, 9.45AM)

That’s right, RM1.438 billion of audit discrepancies that cannot be verified. What could that RM1.438 billion be? What does it consist of?

We now know for sure it must be verified at its physical place and location outside of Malaysia (see below for commentary from CEO Karim Abdullah). This is crucial for two reasons:

Firstly, the discrepancies of up to RM3 billion that were resolved are within Malaysian borders. Moreover, some of the RM3 billion of resolved discrepancies were related to companies which had KPMG as their external auditor.

Secondly, this is huge setback for market speculation of fictional contracts, revenue, receivables, vendors, assets and stocks since auditors do not commence with site visits unless and until after documentations and signed confirmations have been audited.

So why would physical place and location verification be so important then? Physical sighting as auditors calls it, is important because it confirms “existence”. Existence is the objective reality or being visible to our eyes. Existence is what gives credibility and legitimacy to the to what are stated in the financial statements.

If existence cannot be verified, whatever that is stated in the financial statements can be fictional, no matter the documentation and signed confirmations. For all you know, when its fictional, it may well be a signed confirmation from a monkey, is a typical auditor joke.

Areas that require sighting includes assets, customer and vendor premises and stocks.

So far, SD has given all co-operation and assistance needed to expedite the completion of the SIR. However, if the parties involved are un-willing to cross Malaysia’s borders, then RM1.438 billion will forever be seen but cannot be seen otherwise.

So, with the documentations and signed confirmations in file, let’s go sightseeing and photograph the places of interests.

Serba Dinamik’s special audit review facing ‘operational matters’
Wednesday, October 27th, 2021 at Markets | News
https://themalaysianreserve.com/2021/10/27/serba-dinamiks-special-audit-review-facing-operational-matters/

“Hopefully the easing of standard operating procedures on Covid-19 restrictions in different countries can help to expedite the verification process. It depends on agreement or cooperation of all parties involved,” he told The Malaysian Reserve when asked about the date the group will be able to announce the findings.

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

wxxxxe

3 posts

Posted by wxxxxe > 2021-12-03 10:08 | Report Abuse

made huge losses on Serba... anyone has any idea what is going to happen to the company? heard there is telegram group for investors? anyone has link? really need help... wonder what is going to happen to the company...

alenac

2,648 posts

Posted by alenac > 2021-12-03 10:19 | Report Abuse

You are right to join Serbak investors group to salvage whatever is left of the company from the creditor appointed receiver. Legal action against the BOD and the management will be the last step if negligent and fraud are determined.

Posted by wxxxxe > Dec 3, 2021 10:08 AM | Report Abuse

made huge losses on Serba... anyone has any idea what is going to happen to the company? heard there is telegram group for investors? anyone has link? really need help... wonder what is going to happen to the company...

Depeche

4,451 posts

Posted by Depeche > 2021-12-03 10:27 | Report Abuse

Take care of stakeholders interest by not dragging the lawsuits on.... get AR and SIR out.

wxxxxe

3 posts

Posted by wxxxxe > 2021-12-03 10:29 | Report Abuse

Anyone has link for investors group can dm me please? Kind of desperate.. haha.... sigh...

Mabel

23,571 posts

Posted by Mabel > 2021-12-03 10:29 |

Post removed.Why?

Mabel

23,571 posts

Posted by Mabel > 2021-12-03 10:33 | Report Abuse

#ǷearlꙌhite .
Bursa, EY and The Edge - The number is seen but cannot be seen otherwise
By Pearlwhite 2nd December 2021, 6.50PM (updated 3rd December 2021, 9.45AM)

That’s right, RM1.438 billion of audit discrepancies that cannot be verified. What could that RM1.438 billion be? What does it consist of?

We now know for sure it must be verified at its physical place and location outside of Malaysia (see below for commentary from CEO Karim Abdullah). This is crucial for two reasons:

Firstly, the discrepancies of up to RM3 billion that were resolved are within Malaysian borders. Moreover, some of the RM3 billion of resolved discrepancies were related to companies which had KPMG as their external auditor.

Secondly, this is huge setback for market speculation of fictional contracts, revenue, receivables, vendors, assets and stocks since auditors do not commence with site visits unless and until after documentations and signed confirmations have been audited.

So why would physical place and location verification be so important then? Physical sighting as auditors calls it, is important because it confirms “existence”. Existence is the objective reality or being visible to our eyes. Existence is what gives credibility and legitimacy to the to what are stated in the financial statements.

If existence cannot be verified, whatever that is stated in the financial statements can be fictional, no matter the documentation and signed confirmations. For all you know, when its fictional, it may well be a signed confirmation from a monkey, is a typical auditor joke.

Areas that require sighting includes assets, customer and vendor premises and stocks.

So far, SD has given all co-operation and assistance needed to expedite the completion of the SIR. However, if the parties involved are un-willing to cross Malaysia’s borders, then RM1.438 billion will forever be seen but cannot be seen otherwise.

So, with the documentations and signed confirmations in file, let’s go sightseeing and photograph the places of interests.

Serba Dinamik’s special audit review facing ‘operational matters’
Wednesday, October 27th, 2021 at Markets | News
https://themalaysianreserve.com/2021/10/27/serba-dinamiks-special-audi...

“Hopefully the easing of standard operating procedures on Covid-19 restrictions in different countries can help to expedite the verification process. It depends on agreement or cooperation of all parties involved,” he told The Malaysian Reserve when asked about the date the group will be able to announce the findings.

p.s. Please circulate to the Telegram/Whatsapp group and forums. Thanks.
.
03/12/2021 9:49 AM

Cheers Snow White...

To Our Success !

Meow

neohts

2,264 posts

Posted by neohts > 2021-12-03 11:06 | Report Abuse

Hi Pearl White, SS lee and Mabel,
What do you think the opening price for Serba Dinamik ? above 25 cents, lower or higher ?
Please advise.

Depeche

4,451 posts

Posted by Depeche > 2021-12-03 11:11 | Report Abuse

Opening price? Suspension still in place and no idea when will be lifted...SIR and AR have to out first.

Vicky

1,463 posts

Posted by Vicky > 2021-12-03 11:36 | Report Abuse

aiyoo...suspension follow by PN17 and delisted lorrrr....shareholders must take firsts and left bones to ikan billis

neohts

2,264 posts

Posted by neohts > 2021-12-03 11:38 | Report Abuse

I don't think will be PN17 or delisted.

Hop333

148 posts

Posted by Hop333 > 2021-12-03 12:21 | Report Abuse

Confirm wont PN17 la, but u need to suffer temporary... LOL

Keep it for few years and see, no point evaluate the situation now. Because, as long as its not publicly announced... There is no right or wrong

Posted by hijau belalang > 2021-12-03 13:15 | Report Abuse

holiday mode?
or aggresive action?

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