Posted by williamtkb > 2022-03-03 08:30 | Report Abuse

Too bad... serbadk unable to join the oil price bull trend this round.

Posted by InvestorKING > 2022-03-03 09:11 | Report Abuse

Of course, whoever short sell definitely need to cover back their positions

AlexChiaWS

1 Question please someone answer me.
If Serbadk is delisted (but not bankrupt), are short sellers still need to recover their position back?

10 hours ago

Posted by IdleMoney66 > 2022-03-03 09:26 | Report Abuse

If delisted, how short seller to cover their position? They have the money and need not to buy back...lol.. Like karim sold all his warrant

Posted by tradersampah > 2022-03-03 12:22 | Report Abuse

apa kabar semua? steady ke nk tgu bukak?

Posted by joyvest > 2022-03-03 12:50 | Report Abuse

I think we have jumped the gun. Without doubts, it will be delisted . before then , suspension will be lifted for the investors to exit and for the shorties to close their positions.... seems like shorties stand to gain big while investors stand to suffer heavy loss.

Well, one man weeps while another man sings.....

Posted by joyvest > 2022-03-03 12:59 | Report Abuse

Before being delisted , SD is still given a chance to redeem itself through restructuring and upgrade itself from PN17 to listed status . There is still a long way for SD to go before delisting....

Posted by Vicky > 2022-03-03 13:28 | Report Abuse

https://themalaysianreserve.com/2022/03/02/29-firms-under-pn17-with-ireka-the-latest-addition/

Posted by New_Investor92 > 2022-03-03 15:28 | Report Abuse

I never experience such experience where share stuck in a suspended company? What would be the best scenario now?

Posted by superrr > 2022-03-03 15:43 | Report Abuse

Masih boleh hidup KE ? Delisting is confirmed...

Posted by Sneakpeek > 2022-03-03 15:46 | Report Abuse

Oil nearing $120/b..crazy high..all O&G counter flying.....except for SD..kesian..once in lifetime opportunity to lessen the losses vanish just like that..because of what? Because someone decide to keep the FFU forever.

Posted by superrr > 2022-03-03 15:59 | Report Abuse

If the oil goes up to $200.00, it will have no effect on SD due to SD has lost his breath....karam karam ..

Posted by RexKing > 2022-03-03 16:01 | Report Abuse

Maybe is not about company loss money or doing fraud accounting so simple.. Until now still dont want released the FFU scare go Sungai Buloh Bungalow..

Posted by Sneakpeek > 2022-03-03 16:38 | Report Abuse

SC should give chance la these investors escape..now oil bull at least can ride along the sentiment.suspend karim and co account but release others to trade.

Posted by neohts > 2022-03-03 16:56 | Report Abuse

https://www.theedgemarkets.com/article/high-court-says-no-more-creditors-allowed-intervene-serba-dinamiklinked-companies-interim

KUALA LUMPUR (March 3): The High Court here on Thursday (March 3) ruled that no more creditors are allowed to intervene in four Serba Dinamik Holdings Bhd-related companies' interim judicial management court hearing because the matter regarding the appointment of a judicial manager or interim judicial manager would have to be decided quickly.

Posted by neohts > 2022-03-03 16:57 | Report Abuse

Pearl White....any comment ?
How bad is Serbadk ?

Posted by bojed > 2022-03-03 18:22 | Report Abuse

https://www.theedgemarkets.com/article/high-court-says-no-more-creditors-allowed-intervene-serba-dinamiklinked-companies-interim

LOL!

Posted by 8dragon > 2022-03-03 18:25 | Report Abuse

Business as usual but account is unusual....

Posted by Ramakrishna > 2022-03-03 19:14 | Report Abuse

SC should allow this counter to trade, pity margin players

Posted by armadatuah2017 > 2022-03-03 21:39 | Report Abuse

Looks like creditors will have to sink together and still need to support Pak Karim if the hearing is successful.

Posted by joyvest > 2022-03-04 08:02 | Report Abuse

Yer.suspension should be lifted so that the stuck investors can exit but the problem is that there could be insufficient buyers except shorties who would close their positions.Eventually shorties are overwhelmed and plummeting is faster than waterfall..

Posted by tradersampah > 2022-03-04 09:32 | Report Abuse

mapuih keraih la investor lagu ni

Posted by Ramakrishna > 2022-03-04 09:36 | Report Abuse

SC should consider lifting the ban on trading, so that retail investors could decide to exit or remain

Posted by Depeche > 2022-03-04 10:49 | Report Abuse

Bursa should have given warning before suspension in the v first place.... like Scib.

Posted by fms016 > 2022-03-04 13:21 | Report Abuse

Agreed on suspension earlier notice..they need to protect investor..

Posted by freddiehero > 2022-03-04 13:23 |

Post removed.Why?

Posted by Wirajati > 2022-03-04 18:44 | Report Abuse

https://www.theedgemarkets.com/article/cap-closes-two-sen-first-day-trading-after-fouryear-suspension-thirdmost-active-stock

Posted by OpporturnityHunter > 2022-03-05 21:30 | Report Abuse

SD will close at 0.02 when resume trading , i think , wakakakaka

Posted by SHQuah > 2022-03-06 11:45 | Report Abuse

NTA - PN17
AAX = - 8.12
CapitalA = - 0.80
Serbadk = + 0.71

Posted by BobAxelrod > 2022-03-06 15:52 |

Post removed.Why?

Posted by bobvic96 > 2022-03-06 16:16 | Report Abuse

For those who don’t like the new layout:

To revert to the old format, just replace everything before the counter number in the address line with:

https://klse.i3investor.com/servlets/ptg/

The old format looks much better and the date and time of a post is much more informative than "5 hours ago" or "1 day ago”. Also the limited window height is a bad joke.

Works with the other counters too

Posted by nashvz > 2022-03-07 08:52 | Report Abuse

people slowly coming to Dayang - oil crazy, now above $120!!

Posted by superrr > 2022-03-07 10:54 | Report Abuse

But SD gone case....Hopeless karam..

Posted by superrr > 2022-03-07 10:57 | Report Abuse

0.35 posted on the wall for ever....Priceless..

Posted by IdleMoney66 > 2022-03-07 10:57 | Report Abuse

Why Dayang? Dayang already trap many investor above at that time of KYY

Posted by IdleMoney66 > 2022-03-07 10:58 | Report Abuse

Until now, operators still have not collect enough bullet of Dayang. Thats why they dont dare to push even though oil price is rising ridiculous

Posted by superrr > 2022-03-07 11:05 | Report Abuse

Many ppl had been trapped by the (SIfood) at Dayang ...,Haipteck, Ays, Alcom, etc etc.....

Posted by superrr > 2022-03-07 11:09 | Report Abuse

Undervalued...under valued ...and undervalued....good buy.????.

Posted by zoizai > 2022-03-07 13:46 | Report Abuse

Look Serbadk is oil n gas company but too bad cannot trade

Posted by Stockhunter88 > 2022-03-07 16:22 | Report Abuse

Nothing to worry about war, serbadk price always stable

Posted by siaokar > 2022-03-08 08:20 | Report Abuse

hahaha...... came in just to laugh at those sd fanboys losses. hahaha........

Posted by profitgrow > 2022-03-08 11:18 | Report Abuse

Serba Tidak Dinamik

Posted by tradersampah > 2022-03-08 12:06 | Report Abuse

apa kabar serbadk?

Posted by Mayleow777 > 2022-03-08 12:07 | Report Abuse

Serba habis

Posted by IdleMoney66 > 2022-03-08 12:15 | Report Abuse

Sampah Serba

Posted by Mayleow777 > 2022-03-08 12:24 | Report Abuse

Kalau anda tipu orang satu kali, jgn harap orang akan percaya lagi dgn u… berniaga biar jujur .. tuhan lihat apa org atasan buat

Posted by ahot75 > 2022-03-08 13:46 | Report Abuse

https://www.theedgemarkets.com/article/high-court-dismisses-serba-dinamiks-bid-restrain-ey-consulting-releasing-sir-findings

High Court dismisses Serba Dinamik's bid to restrain EY Consulting from releasing SIR findings

Posted by Legend > 2022-03-08 13:47 | Report Abuse

KUALA LUMPUR (March 8): The High Court had on Tuesday (March 8) dismissed an originating summons by Serba Dinamik Holdings Bhd for an injunction to be imposed on Ernst & Young Consulting Sdn Bhd (EY Consulting) to restrain it from sharing any findings or opinions of its special independent review (SIR) with Bursa Malaysia or other parties.

This comes after the beleaguered oil and gas group argued that the firm is not a qualified auditor.

Justice Datuk Ahmad Fairuz Zainol Abidin in his broad grounds in dismissing Serba Dinamik's application ruled that EY Consulting had taken steps to ensure the team performing the SIR included a qualified auditor, namely Muhammad Syahrizal Abd Rahim, a partner in E&Y PLT.

“Syarizal, a partner of E&Y PLT, was listed in EY Consulting’s proposal dated May 31, 2021, as one of the partners who would be working on the engagement.

“Syarizal is registered with the Audit Oversight Board (AOB). Serba Dinamik too was well aware that Syarizal was on EY Consulting’s team as early as March 30, 2021. Thus, while EY Consulting was not registered with the AOB, it took steps to ensure it had a registered auditor in its team,” the judge said.

He added that an auditor must be a real person and the firm (E&Y PLT) merely houses the auditor.

“As such, what is crucial is for Syarizal to be authorised by the Finance Minister, and registered with the AOB. As provided for under the terms of the letter of engagement, EY Consulting is entitled to contract with E&Y PLT to obtain the services of Syarizal,” he stated.

Justice Ahmad Fairuz said the court found that the appointment of EY Consulting was regularly made under paragraphs 2.23 and 2.24 of the Main Market Listing Requirement (MMLR).

“This is consistent with the ruling in the other suit (filed by Bursa Malaysia versus Serba Dinamik). Apart from that, EY Consulting also had a qualified auditor in its team. In the circumstances, there is no room for Serba Dinamik to argue that EY Consulting was not qualified to be a special auditor (SA). Either way the argument is taken, EY Consulting was qualified to be appointed as SA,” he elaborated.

Posted by smurfbee > 2022-03-08 13:50 | Report Abuse

when will EY release the SIR? EY please release it ASAP..... after that bursa should allow trading.... 0.5sen is TP.

Posted by Trader2 > 2022-03-08 15:23 | Report Abuse

Pity the unsuspecting investors who have been caught or taken in wholesale by stinking conman, Kareem..

Posted by armadatuah2017 > 2022-03-08 15:30 | Report Abuse

Get a life la and put this counter behind..it is suspended