hmm serba is limited company, Shareholders no need pay for the company debts after it bankruptcy. But under serba there are so many sdn bhd own by karim which are unlimited company. Will karim bankrupt due to the debt owe by those sdn bhd?
Chef and gang got no money to pay the compound as all their personal bank accounts are frozen. So Serbak post suspension can sell their shares to pay for compound?
"Meanwhile, Malay Mail reported that the SC has granted Serba Dinamik and its top executives a two-week extension to settle their compounds (from April 28 which was the original deadline to pay up)."
“Sources said the company had appealed for an extension which was immediately rejected by the SC. A subsequent appeal was made by the company, citing difficulties in raising the money because their accounts had been frozen,” noted the English daily.
“Following discussions with the AGC, the SC agreed to extend the deadline by another two weeks which is understood to be on May 12.”
A little bird in the know – someone in the PM’s entourage – has revealed that while visiting the Malaysia Pavilion @ Expo 2020 Dubai on the penultimate day of the global trade showcase, the PM had “bumped into” Serba Dinamik Holdings Bhd group managing director/CEO Datuk Mohd Abdul Karim Abdullah and few other directors who happened to be on-site.
This is not surprising given that the global integrated oil & gas (O&G) outfit was a premier partner for the Malaysia Pavilion.
Mum used to say Life is like a Boomerang. You reap what you sown..As you can see most of the Naysayers has now transformed themselves into DK. All Opposing views were flagged and consequently deleted...
Confucius 孔子said : Two things in life that are difficult to achieve:- 1. To plant your idea in someone's head. 2. To plant someone's money in your own pocket.
~ Those who succeed in planting their idea in someone's head - we call Lao Shi(老师)(teacher) ~ Those who succeed planting someone's money in their own pocket - we call Lao Ban (老板)(boss) ~ The one who succeeds in both - we call Lao Meow (Investor)
Those who don’t understand this message - we call Lao Lang (老人)(Old Person)
When Mabel purchased Serba, Mabel purchased the business, not the stock. Serba completed Captain Mabel's Armada Fleet of E2E Battleships, Super Tankers, Missiles and Jet Fighters Supply Chain to fight the 7 Femes Dwarfs War on Terror.
Summing up..
Investors and traders have different time horizons and expectations. They also follow different metrics. Investor take a long-term approach to the markets. That's why they can sleep like a baby
Traders involves short-term strategies to maximize returns daily, monthly, or quarterly. That's why they are very uptight, very aggressive and always cry like a baby.
Investors are more likely to ride out short-term losses, while traders will attempt to make transactions that can help them profit quickly from fluctuating markets.
There's no right or wrong approach. It all depends on how deep is your pocket. However, the best players are the one who can master both by riding the wave...
All Captain Mabel Fossil Battleships and Super Tankers are name after the ships in the Pirates of the Caribbean. These Armada Fleet of Battleships will be Air Supported by AirAsia and Singapore Airlines Jet Fighters.
With and without these 7 Dwarfs Fortune Tellers, Serba is destined for Glory. Mabel is looking at a window of 2-3 years. By that time Mabel's free 2019 Warrant will blossoms..
#8899EL8899 this short sellers like hyenas in the jungle,......when they see you traped in the desert,.......they will come to disturb you day & night,.......they are waiting for the right time to attack you,.......don`t worry,.......we pray for you,.........pray for somebody will come to save you,.......be calm,......... 05/05/2022 8:47 PM
Short sellers sometime is good. They can help us to collect a dirt cheap price..
It actually quite amusing to see soooo many Fortune Tellers still discussing about this so call '5 sen' company while Mabel and Team continue the Hari Raya...
There's so much food.. Soooo delicious. This is the beauty of Malaysia.. We have so many celebrations. Malaysian by default knows how to celebrate. Only the Fortune Tellers don't know how to celebrate and enjoy life..
That's why these same 7 Dwarfs Fortune Tellers are still camping here...
They don't know how to appreciate a beauty like Snow White. She is so beautiful and smart some more..
Warren Buffett says 'monkeys' could do as good a job investing as Wall Street financial advisors...Hahaha
Don't stress yourself too much with this 5 sen company. Just watch how SCIB perform. Take it from there. No hurry...
BobAxelrod ADMIN, IF YOU ARE READING THIS, PLS NOTE THAT THE ID : MABEL HAS ONCE AGAIN VIOLATED HER EARLIER WARNING/SUSPENSION TO WASTE UNNECESSARY SPACES WITH "CUT N PASTE" OF LONG ESSAYS. KINDLY DO THE NECESSARY TO SUSPEND THE ID : MABEL... AGAIN. 05/05/2022 10:42 PM
Please do the same to this BoBAxelrod...Dear Admin
Karim already given notice of intention to deal during closed period on the 5/5 in anticipation for the opening on 9/5. Looks like a big LD coming with Karim the first one to dump.
Good morning, so Mad Cat is back to suck up Chef and gang disposal on Monday? Good luck on your buy, you all really need it fateful fans of Serbak before it moves into PN17 Status which I perceived would happen.
More of speculators will buy Serbak. Every market will have suckers scraping the bottom of the pan. Big risk, big loss but by some miracle dreaming for a turnaround at the very end of the horizon. BobAxelrod We have been promised a spectacular show on Monday, an avalanche or massacre of sort. If these 1.4 B shares which is about 50% of NOSH, and additionally the local funds, retailers and mutual funds, it could reach 80%-90%.......basically everyone holding this baby wants out. Buyers = zero, then?
Well, maybe not yet to the abyss, prelude to it as the last round would be towards PN17 and delist. Shorting kind of arena on Monday? Does anyone with lots of funds work on a plan to reduce the price spread to frustrate shorting on Monday?
Posted by joyvest > 24 seconds ago | Report Abuse
Basically,no buyers except shortists to close their positions on the 9th.
It is going to be the one way straight plummeting to abyss..
For those who are uncertain about the trading price of SD. Here is the analysis, during the day before suspension, the trading volume was around 100mil+-, and trading price is around 0.32 to 0.35, that was the negative news spread around to induce the short sellers to short that day (one day before the suspension, bursa announcement stated that Karim sold off all his warrants shares, and many naysayers said that, it's end of the world already, because karim sold off all his warrants and cabut and lari diri, and many other negative comments around). But next day, the speculation of all these short sellers (naysayers) kept shorting, but all those shares were well collected and absorbed by the insider sharks behind. Then suddenly the trading suspended in the afternoon session. So the price range the short sellers shorted was around 0.32 to 0.35. if the price go below 0.32 is actually the short sellers profits already. So If the price is around 0.32 to 0.35, the short sellers are actually breakeven. If price is above 0.35, then short sellers are losing.
That's why we can see all short sellers very worried and panic now, because they worried market retailers to come in and buy and also especially the goreng group to goreng up the price, then they will suffer huge losses. That's why all these short sellers everyday posting negatively,and keep doing these everyday and nights, in order to frighten those panic holders to sell off their "cheap shares" to them to cover up.
Me thinks more dekat 9 Mei, ko semua more hustling. So hardworking at last breath attempt to change tide into your favour. Must be tiring when only kamu aje that post. Saturday and Sunday work overtime yo. Monday, hand shake.
Karim already given notice of intention to deal during closed period on the 5/5 in anticipation for the opening on 9/5. Looks like a big LD coming with Karim the first one to dump. ---------------------------------------------------------------------------------------------------
sure dump?? or force to sell by enter the sell que so that new investor will take over??
Monday, we will see. Your bet on this counter future should be who will win this GE after all we all know that this is mainly due to political infighting going on. On surface all this audit issue is just the cover up. Happy trading. Please be caution that those who intent to short this counter maybe bitten latter.
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....
kfbusjd
665 posts
Posted by kfbusjd > 2022-05-05 21:33 | Report Abuse
hmm serba is limited company, Shareholders no need pay for the company debts after it bankruptcy. But under serba there are so many sdn bhd own by karim which are unlimited company. Will karim bankrupt due to the debt owe by those sdn bhd?