SERBA DINAMIK HOLDINGS BERHAD

KLSE (MYR): SERBADK (5279)

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29 people like this.

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

muhfiq

759 posts

Posted by muhfiq > 2021-12-16 10:23 | Report Abuse

The interesting part is how to react from this

Monitor

Watch their next plan

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2021-12-16 10:24 |

Post removed.Why?

joyvest

10,190 posts

Posted by joyvest > 2021-12-16 10:25 | Report Abuse

cashflow is depleting fast and furious

1. No cash inflows from dummy receivables unless paid by Dr.K himself from his own funds kept in somewhere secretly ,that only he knows.

2. If Books that has been cooked can be uncooked ie rectified as claimed by you, what is the safeguard to the investors?

3. shorties might capitalise on this mess to their advantage.

4. The creation of satellite thing is just to divert attention. The root to the problem of SD has yet to be resolved.

5. AA has been transparent and cooperative with the authorities concerned during the conduct of Investigation and willing to assume accountability and responsibility for any wrongdoings and/or irregularities unlike SD

6. All the negativities embroiled with SD are seen as harbingers of the doomday of SD to come

Huangbk72

4,944 posts

Posted by Huangbk72 > 2021-12-16 10:27 | Report Abuse

Hahahahaa

Who is that fella that says SD no cash flow issue??

Pls la... study cash flow analysis

Last 2Q is not audited yet cash flow is negative... apa lagi mau cakap?? hahhaha

Learn to read OCF and FCF ya... dont talk like an expert

amirf1221

768 posts

Posted by amirf1221 > 2021-12-16 10:32 | Report Abuse

Getting more happening
More drama?
Nervous already

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2021-12-16 10:33 |

Post removed.Why?

amirf1221

768 posts

Posted by amirf1221 > 2021-12-16 10:33 | Report Abuse

Next announcement?
Will it be favourable?
Or will it continue like this

Huangbk72

4,944 posts

Posted by Huangbk72 > 2021-12-16 10:38 | Report Abuse

@Bob

SD has been in cash flow problem since last 2Q..

Regardless of what anyone says, figures dont lie, people do.

Nowadays promoters are running out of ideas and shooting feather arrows

amirf1221

768 posts

Posted by amirf1221 > 2021-12-16 10:40 | Report Abuse

Maybe can see huge reveal soon
Usually will know the hidden fact
Wait a moment

joyvest

10,190 posts

Posted by joyvest > 2021-12-16 10:41 | Report Abuse

Street Smart vs Book Smart

Dr.K could be hybrid of the above to be crowned as the champion of the mastermind of the saga of SD unlike someone who doesnt even understand the context of cash flows .

What a joke!

amateurJR

2,366 posts

Posted by amateurJR > 2021-12-16 10:43 | Report Abuse

haha ladyboy meow blow cow again leading ppl to holland

amirf1221

768 posts

Posted by amirf1221 > 2021-12-16 10:44 | Report Abuse

With the current state, need more than this
P17 is not enough
Have to provide thorough solution

leno

6,123 posts

Posted by leno > 2021-12-16 10:44 | Report Abuse

current bond trade at 10 sen
meaning bond holders will definitely call on a complete-default to receive 25 sen per bond now,
which cost about RM 450 mILLIONs
and another 75 sen later (RM 1.6 BeeLIONs)

if they wait another day
the conman might sell off sebak asset to his own family at cheap cheap price, and the family will sell off the asset at higher price to cronies and cronies will sell off to others and lose all the money trail track.

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2021-12-16 10:45 |

Post removed.Why?

nicholas99

9,851 posts

Posted by nicholas99 > 2021-12-16 10:45 | Report Abuse

Mabel really stuck a lot of money in serbadk.. so sad for him/her

joyvest

10,190 posts

Posted by joyvest > 2021-12-16 10:48 | Report Abuse

Honestly , do you prefer to be stuck with SD or with LadyM ?

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2021-12-16 10:50 | Report Abuse

Joy, the correct question should be "stuck inside" i/o stuck with....hehehe

newtrader1989

1,429 posts

Posted by newtrader1989 > 2021-12-16 10:50 | Report Abuse

Not only that, his/her banging payment also stuck in serba. Because the payment was made with free serba shares/warrants that he/she always mention here. Lolz

Poor soul, so much night hardwork gone down the drain
__________________________

nicholas99 Mabel really stuck a lot of money in serbadk.. so sad for him/her

amirf1221

768 posts

Posted by amirf1221 > 2021-12-16 10:56 | Report Abuse

Got court fiasco again?
Nice to see
Will know the tactic

joyvest

10,190 posts

Posted by joyvest > 2021-12-16 11:01 | Report Abuse

it is understood ... no need to be so explicit ......... leave some to his imagination

MiaoMiao7

449 posts

Posted by MiaoMiao7 > 2021-12-16 11:07 | Report Abuse

InvestorKing should change name to InvestorLoser

Walao, already pn17 liao still say sd got hope, hope in tanjung rambutan is it?

Sd bankrupt liao. Your paper loss is 100%

joyvest

10,190 posts

Posted by joyvest > 2021-12-16 11:13 | Report Abuse

Thats the problem of averaging and keep averaging.

you thought you win it all as if the winner wins it all but end up the loser losing all......

Dr.K can just let the ship sink forever and start to build another ship codenamed " Titanic II " and continues the same circus where the same jokers and clowns are juggling the show.....................

The diehards or hardcores will become his followers again............ bloody pathetic...

Legend

4,119 posts

Posted by Legend > 2021-12-16 11:31 | Report Abuse

From hero to zero

Faiza

635 posts

Posted by Faiza > 2021-12-16 11:32 | Report Abuse

imdb 2.0 will not see day light
now suspended, then confirmd pn17, thereafter delisted

shpg22

2,984 posts

Posted by shpg22 > 2021-12-16 11:32 | Report Abuse

Prepare to wind up.
No turning back. Staff please look for new job, grab, lalamove etc.

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2021-12-16 11:34 |

Post removed.Why?

Posted by treatshijau > 2021-12-16 11:35 | Report Abuse

monitor the next plan
most likely will do so
maybe market will follow

Posted by treatshijau > 2021-12-16 11:35 | Report Abuse

how much is pending
payment must be made earlier

Faiza

635 posts

Posted by Faiza > 2021-12-16 11:42 | Report Abuse

Bursa and SC shud do a money flows like imdb, see where the borrowing gone to

Posted by treatshijau > 2021-12-16 11:44 | Report Abuse

need to show the thorough scenario
then will understand better
will have a better effect

RexKing

169 posts

Posted by RexKing > 2021-12-16 11:46 | Report Abuse

With so many holes need to cover bank also no dare to borrow money again unless waiting for taxpayer money to bailout but too many bumi oil and gas player in malaysia.. SD not same with MAS as MAS is the Malaysia icon and only industry player in Malaysia.

InterFund®

1,777 posts

Posted by InterFund® > 2021-12-16 11:50 |

Post removed.Why?

Posted by treatshijau > 2021-12-16 11:53 | Report Abuse

assistance will be coming
then operation as usual
the usual practise?

Parrot

1,016 posts

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

Come on man..Many ppl’s money is stuck now..SD or SC is taking bloody too long to come up with a clear answer..We don’t need details though if work is still going on but a simple conclusion will do..Investors can turn to something else instead..

josephn

757 posts

Posted by josephn > 2021-12-16 12:34 | Report Abuse

Don't worry, Karim said will end 2021 with high notes, 360 degree turnaround, business as usual. They even partnership with Huawei, building satellite and building 5G in remote place. Umat Islam and Bangsa Melayu will support Sii Chong Wei.

MiaoMiao7

449 posts

Posted by MiaoMiao7 > 2021-12-16 13:41 | Report Abuse

PN17 already lah…. Go find Karim

Mabel

23,571 posts

Posted by Mabel > 2021-12-16 13:41 |

Post removed.Why?

Mabel

23,571 posts

Posted by Mabel > 2021-12-16 13:46 | Report Abuse

#InvestorKING Who say SD got cash flow issue? Nonsense, you all please read the two years quarter report cash flow statement, it's still very healthy, you all can check from previous two years till now, it has been steadily performed, the only issue is the balance sheets cash reserves decreasing quarters by quarters, but actually all these are manipulation of accounting purposes, it can be rectified one.

The default of Bond means SD got financial issues? Nonsense,it's SD wayang to attract shorties to come in and short again, and weak holders to have panic sells.

If really got cash flow issues, why karim still said wanted to have own satellite and will fork out 10m++ by second quarter next year.

This SD is very similar to last time AirAsia (fake accounting issues), then AA plumped from 1.70 dropped to 0.50 at year 2015. Please check back the history la, then once resolved, back to 2.0.

And Armada when 0.15-0.20, always got many FAKE negative news, but eventually up to 0.50++
16/12/2021 10:04 AM

Cheers InvestorKING!

That's why the KING and Snow White were laughing all the way to bank in the previous Armada rally...

Mabel made 244% from previous engagement with Armada..

To Our Success!

Meow

MiaoMiao7

449 posts

Posted by MiaoMiao7 > 2021-12-16 13:47 | Report Abuse

GrtTrdr is pearlwhite…. No fraud? Haha… karim cooked the books and kpmg caught karim doing it, even ey agrees there are fraud, that is why serba refuses to release the sir.

You lose so much averaging down now you become gila already. U think what u write here will change the fact that karim did not cook the books with fake projects fake numbers fake people fake accounts?

Karim lied and you lose money

Wake up

Mabel

23,571 posts

Posted by Mabel > 2021-12-16 13:49 | Report Abuse

https://klse.i3investor.com/blogs/Pearlwhite/2021-12-14-story-h1595598112-Serba_Dinamik_s_financials_are_free_of_financial_transgressions_and_fra.jsp

Snow White,

Thank you and appreciate for Sharing to above fantastic write up..

You are the Best !

Meow..

Mabel

23,571 posts

Posted by Mabel > 2021-12-16 14:02 | Report Abuse

#GrtTrdr 4 Meows 4 Mabel.
16/12/2021 1:53 PM

Cheers GrtTrdr!

Meow Meow Meow Meow

amet2017

3,150 posts

Posted by amet2017 > 2021-12-16 14:05 | Report Abuse

Looking at the situation, even AR is doubted to be released by end of Dec.

MiaoMiao7

449 posts

Posted by MiaoMiao7 > 2021-12-16 14:10 | Report Abuse

Nexis wont sign if no SIR… who wants to sign off an account with fraud as legit and then get sued? No sir no ar.

InterFund®

1,777 posts

Posted by InterFund® > 2021-12-16 14:13 |

Post removed.Why?

MiaoMiao7

449 posts

Posted by MiaoMiao7 > 2021-12-16 14:13 | Report Abuse

@GrtTrdt

Why is it KPMG’s fault? KPMG caught serba cook the books so they report to authorities, is it wrong to report? If a police saw a crime going on and catch the robber, is it wrong?

What you want is KPMG to keep quiet so that Karim can continue to cook the book. You dont care who will get hurt eventually, all you can is your own money.

KPMG saw fraud and they reported, KPMG did nothing wrong, it was Karim that lied to you guys, dont blame KPMG.

Even EY agrees, which is why Serba refuses to release the SIR

Ravi Kumar

3,602 posts

Posted by Ravi Kumar > 2021-12-16 14:18 | Report Abuse

Looks like someone is going to a prison-like Transmile case. So many red flags which are right to show discrepancies. What logic getting millions from one man show company?

RexKing

169 posts

Posted by RexKing > 2021-12-16 14:22 | Report Abuse

If you dont like KPMG had done to SD dont listing in Bursa market. Do whatever you like in financial report people dont care.. What Bursa doing is to protect our investor money.. if every company doing the same as SD you think you still want invest in Bursa market..

allanHuat

237 posts

Posted by allanHuat > 2021-12-16 14:22 | Report Abuse

Sxxxxxx will Pn 17 first thn delisted. Thats all.

wongchin

1,006 posts

Posted by wongchin > 2021-12-16 14:33 | Report Abuse

Nobody knw who is right or wrong in serba case. So its your right to comment here. Hehe

Trader2

91 posts

Posted by Trader2 > 2021-12-16 14:34 | Report Abuse

Looks like many are still in denial about Kareem's dirty ' cooked books '..

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