#paulthesotong U know ppl eat cat 4 lunch in order to survive. 08/01/2022 1:13 PM
I thought I saw a Putie Tat...
Meow
Stock: [SERBADK]: SERBA DINAMIK HOLDINGS BHD
Jan 2, 2022 1:10 PM | Report Abuse
#paulthesotong @Mabel PW consider the conpany debt see the value of SD as NEGATIVE. All is scam. When serbaman was brought to your attention it was sell above 1.It took about 5 min to figure out that it was all BS. 01/01/2022 3:39 PM
Like Mabel said many times, this stock is not for everyone....It will be an interesting to see how Serba drama will be unfolded.
Short Term Liabilities: SERBADK's short term assets (MYR5.5B) exceed its short term liabilities (MYR2.2B).
Long Term Liabilities: SERBADK's short term assets (MYR5.5B) exceed its long term liabilities (MYR2.4B).
Debt Level: SERBADK's net debt to equity ratio (80.5%) is considered high.
Reducing Debt: SERBADK's debt to equity ratio has increased from 80.3% to 100.9% over the past 5 years.
Debt Coverage: SERBADK's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SERBADK's interest payments on its debt are well covered by EBIT (3.9x coverage).
Karim and his team should be able to resolve this before Mabel's 2019 Bonus Issues Free Warrant expires in Dec 2024. 2-3 years from today, Serba should be back on her feet again. Touch wood, by that time, Mabel will also be laughing HoHoHo all the way to the Bank..
Terminating contracts to bury past wrongs and not disclosing proper details and paperwork to the Auditors is just plain wrong. If nothing is wrong, if no thieving, no fraud then why no proper paper trials, why not fully disclose? Anyone who has worked in a Public Company will know that contracts and movement of large sums of money in or out that there is no such thing as no proper paper trail! Any payments or receipts big or small will need multiple layers of checks and authorizations. Any contracts signed will properly go through lawyers and due diligence processes all properly documented and recorded if not then assumption is that the transaction involves its a theft or fraud. Being unwilling to disclose, or hiding/destroying the paper trails will Inevitably mean the Auditors will not be satisfied with the accounts, and result in a qualified Auditors opinion. In this case the Auditors are waving a huge red flag.
If it looks like fraud, and it smells like fraud, then stay away from it.
Bursar just do their job, why so many idoot investor...stupoood like hell
If PLC hide material issue from public, investor said Bursar does not do their job to ensure transparency in market.
If PLC hide material issue , bursar take action and suspend their counter, investor request bursar lift the suspension.
Do those idioot investor use their brain before make request, bursar follow the law to protect investor and ensure transparency. Are you idoot to request lifting the suspend. Which law are you refer, and if future any PLC do the same hide material infor, how can bursar act? Use your brain lah idoot.
zoizai quoted Let market decide the price. Please lift suspension 08/01/2022 3:07 PM
Options available, wind up or restructure by issuing more shares. Looks like the drama would be dragged for another year, with the legal cases pending. But shareholders and creditors will have to rest Chef and the management team however indispensable they are to the going concern of the company because they lied and took unlawful action detrimental to stakeholders interests.
Stock: [SERBADK]: SERBA DINAMIK HOLDINGS BHD
Dec 22, 2021 1:10 PM | Report Abuse
Just as I said on Dec 17th
Stock: [SERBADK]: SERBA DINAMIK HOLDINGS BHD
Dec 17, 2021 1:38 PM | Report Abuse
Klentong again will put a shotgun on the head of bondholders to accept a reorganisation & restructuring where they have to accept new shares in Serbak where the same crooked management in control of the comapany. Possible?
Posted by ǷearlꙌhite > Dec 22, 2021 11:02 AM | Report Abuse
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We anticipate that there will be a welcome party for the Bondholders as newly minted SD shareholders.
My personal view is sd already very sick. PP or RI also nobody to subcribe. Banker also draw the line already. Js waiting time to go 6 feet underground.
"It's not whether you're right or wrong that's important, but how much money you make when you're right and how much you lose when you're wrong."— George Soros
Do you think LadyMeow would admit how much she has lost when she is wrong ? .....Not in a million years.....
However,She always boasts how much she has made as a result of which she always claims she is right.
Interesting to see how would the AGM be conducted? Do they allow verbal Q&A? Only chat Q&A and selectively choose question to answer? Did MSWG manage to buy a tiny lot of share before suspension or anyone can proxy MSWG to raise questions to SD?
Can I buy 100 units to participate in the AGM? interesting.....
#DickyMee Serba up or down also Mabel claim to make profit. Keep on talking about battleship.
Fantasizing like a Baby. 08/01/2022 9:06 PM
#DickyMee Has there been any stock that Mabel admit to losing money before? Or perhaps just ONE DAY that Mabel admit to losing money? 08/01/2022 9:07 PM
#Seven77 Marble guni tak boleh percaya la 08/01/2022 9:17 PM
#thor85 Nenek Mabel sudah nyanyuk. Cannot remember anymore when losing money. 08/01/2022 9:25 PM
Wow ...didn't know so many have missed Mabel today...
Like that how to flamenco? so many baby crying here ...
One of the dream Mabel had last night was many of us were on the Spacecraft rocketing towards Mars. We meet many aliens along the way. They come in many different opinions...
After reading all the sad and angry comments tonight, perhaps the right things for Bursa and SC to do is let Serba clean all their mess before any upliftment can be done.
Either Serba clean up or no uplifting of suspension.
Perhaps this will give strong signal for other companies to play by the book...
[12] ..."The Claimant also alleged that the Company's decision to terminate him was tainted by bad faith as he had on many occasions verified with good intentions, to inquire into several Company transactions which were questionable. Consequently, the Claimant believed that he became the target to be terminated of his employment as he was considered as an obstacle and/or disrupting the transaction process over questionable matters."
I have viewed satellite images using Sentinel Hub and opine that the RM111.113M expended in FYE2019 and total income of RM194.813M recognized for FYE2018 and FYE2019 for the Tanzanian project are fraudulent transactions.
--- Satellite images of the Project ---
Sentinel-2 L2A satellite images of the site at Msufini Area, Mlandizi Ward, Kibaha District, Tanzania.
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....
Mabel
23,567 posts
Posted by Mabel > 2022-01-08 13:16 |
Post removed.Why?