Yeah, it looks like really a shit Co...Banks has NO recourse, Bankrupt--- banks money are Gone. So they prefer someone to take over and Keep Rolling Over Debt,, Hopefully in 30years Time they may see daylight
If Karim bought shares today, sure quickly inform the market, but today so quiet, most probably he sold and will wait till last minute to file it with Bursa.
Karim sell, his supporter go buy. This is called smart... not the retailers smart, Karim is smart. In the end, he will still be a millionaire and enjoy his life, while you lose everything supporting him blindly.
can't blame karim for this when so many red flags after red flags, yet die die want to hold, hold nevermind, those that go average down today really nothing to say. those that average down today deserve to lose everything, sorry to say this but you choose to lose your money, karim never point a gun at you.
Serba Dinamik and the four individuals was previously charged for submitting a false statement to Bursa Malaysia on February 26 last year, in relation to the revenue figure of RM6.01 billion contained in its quarterly report on consolidated results for the quarter and year ended December 31, 2020 (FY20).
This is the scary part if you look at the quarter report and what revenue reported now.....this is not 30% mistake, this is madness mistake.........so daring......thinking what will happen if SC ask to reaudit all the qtr within 2020-2021........
the value actually need to know this company earning capability, you can see all this while the revenue in billion then only sudden on Sept 2021 onwards become like this, this is the question mark as mention change location of audit team, curious why the 2 previous qtr before this incident not reaudit, then we can really see whether is this a pattern related to the old audit team...........
Pro toking toking. Make it simple,don't buy,don't average and make it simplier just SELL!!! Don't take any risk. Use upfront to buy other better counter.
If i take 157mil( Bank Valuation) and divide by #shares......equal 4.2cents asset backing per shares excluding " others Liabilities that I cannot see Or money siphon away )...Very obvious Current price is Over Value
This is one of the counters too dangerous to be averaged down. You can only average good fundamental counters with a view of longer term holding. Foreign and institutional funds have their own set of investing criteria. They have to follow a set of rules of their own. No funds will be coming into such counter. It is the punters playing among themselves now. With so many negative issues like bond default, bad loan repayment, facing liquidation, I really don't see any hope in this counter in the near future. Even there might be some technical rebounds, it will be short lived ones. It is improbable to trend above its pre-suspension price.
i3lurker, probably the deficit was getting much more serious and a bigger jump that year. Prior, KPMG was just "suspicious" and didn't hit siren alarm button yet. At KPMG, many years ago, I personally know Dr Chin (always wearing a bow tie) to be a very upright and honest gentleman.
Nobody can guarantee what will surely happen tomorrow but we all know what has already happened today, and with today's knowledge along with previous info on SD, we can make a calculated guess on what might happen tomorrow but one thing is for sure, those who stayed out of SD when KPMG raised red flags can sleep very well tonight LOL!
Hahaha today Mabel was travelling..just arrived at my destination with my 6 packs Macho BF..
So cannot comment much this afternoon as I have no access to my trading platform.
Although LD did not happen as expected, the Short Ugly Dwarfs certainly did a good job to bring the price at this level..
This is just the 1st battle. Remember Mabel is looking about winning this War.. Hahaha...
So Please continue to press the price down..don't stop till you get enough..
Looking forward to collect at Mabel’s Target Price on Scenario No 1..
Let's see what happens tomorrow..
Time to sleep like a baby..
Good Meow..
Stock: [SERBADK]: SERBA DINAMIK HOLDINGS BHD
May 8, 2022 5:25 PM | Report Abuse
#DickyMe 8 sen coming soon 08/05/2022 1:09 PM
#8899EL8899 all shareholders of serbadk,.......IF serbadk share price plunge on monday,.........never rush to sell ,......never panic,......no point sell it for almost nothing,........the only opportunity you have now is TIME,.......buy time,.......you never know what miracle will happen in serbadk,.........the company will will apply for restraining court order to restructure the debt,...... 08/05/2022 1:23 PM
Sell?
Haha actually Mabel is waiting to Top up at Dicky's Price...
Mabel strategy for LD ...Buy and just forget...Cheaper than WA mah..Only trade with your access capital. This is only to the brave heart...2-3 years time Serba price will be.....
KLSE: SERBADK SERBA DINAMIK HOLDINGS BHD Last Price TP Upside/Downside 0.35 1.22 +0.87 (248.57%)
mabel forever spewing rubbish. no matter how the stock price drop, somehow mabel can make money, and make big bucks. amazing. sometimes i wonder if mabel actually bought any shares and all of this is in her imagination in tanjung rambutan.
nobody wants to walk behind you, all full of corpses. you confirm lose money in sapura, serba and glove, yet you make it sound like you make big bucks from these investment.
You better believe all international projects are fake. Have you ever wonder why banker gave so good TP but they are not buying?
Ask yourself, isn't it weird that Serba never publish a single photo of these projects progression? Zero. Build this build that, but not a single photo.
If you look at other company, they will update the investor or banker with the latest photo. Serba, nothing. All just verbal. Local got photos, but international none. weird, right?
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....
FutureGains
10,547 posts
Posted by FutureGains > 2022-05-09 19:38 | Report Abuse
boss n awang sell like no tmr