To my observation, a lot of demands were done at the eleven hour just now . There must be something positive going on within the Company. lets see if the surge will continue or the current surge is just illusionary.
The only thing i see positive news is management pay the fines and continue manage the company, then AGC come out clear the air.......so means can continue the good job of finding more contract, this time need be more careful.........lol
Those who entered at 11 sen just now also had made a wise decision ..no regret and never too late as for nx wk, the price should be around 20-30 sen..target more than 100% return as predicted by Nujum Pak Belalang DK:)
Accounting con company from profit making to loss making, unable to pay debt. Trading only. Up, sell. Down, also sell. Dont try to be a hero. It could go to zero.
no worries Zhou Gong will ORDER gobermen to let Serba manage Petronas at RM1 Billion a day for 1,000 years Mobilization payment of RM1,000 Billion to be paid soon.
rr88
Accounting con company from profit making to loss making, unable to pay debt. Trading only. Up, sell. Down, also sell. Dont try to be a hero. It could go to zero.
no worries works exactly like Air Asia pay in advance first, then totally refuse to do contract then absolutely no refunds then just tell customer he is eligible to use Serba punya toilet for 3 years at no extra charges
cicakman
Projek berbilion billion no need money ka? Jangan jadi Qarun.
“By compounding the offences, the need for punitive action against Serba Dinamik is immediately achieved without going through a lengthy trial,” the AGC pointed out in a media statement. “Thereafter, Serba Dinamik can re-direct resources and time to coordinate with the authorities to comply with the requirements of the law.”
Moreover, the AGC is also of the view that the criminal proceedings against Serba Dinamik ought not to be pursued due to the economic consequences of doing so.
Tan Sri Idrus Harun “The impact of the charges on Serba Dinamik is disproportionate with the severity of the alleged offences committed,” opined the AGC.
“As at the date of this media release, Serba Dinamik is facing winding up petitions from creditors which jeopardise the livelihood of its employees and the interest of shareholders and other creditors.”
Under such circumstances, the AGC found that compounding the offences is an adequate form of punishment for the alleged offences.
“This would then allow Serba Dinamik to focus on rectifying errors and effecting immediate compliance with regulations of Bursa Malaysia and the SC as the company had clearly done so in the past without fault,” rationalised the AGC.
“The AGC is mindful of the standard of proof required of the prosecution to prove the charges based on the evidence available and is strongly of the view that compounding the offences allegedly committed by Serba Dinamik and its executives is the most appropriate action to take under the circumstances.”
Fully agrees. Btw Awang already sold at 10sens. Just waiting Karim to announce... Changes in Director's Interest (Section 219 of CA 2016) - DATO' AWANG DAUD BIN AWANG PUTERA | https://www.klsescreener.com/v2/announcements/view/3548429
rr88
Fortune from 0.06 to 0.12. At 0.12, its trouble. I took my cut at 0.065 to 0.095.
1 hour ago
rr88
Accounting con company from profit making to loss making, unable to pay debt. Trading only. Up, sell. Down, also sell. Dont try to be a hero. It could go to zero.
SC provide only Circumstantial evidence is proof of a fact or set of facts from which one could infer the fact in question. For example, that a suspect is seen running away from a murder scene with a weapon in hand is circumstantial evidence he committed the murder. This contrasts with direct evidence, which directly proves the fact in question.
average buying price for 5 days around 10 cent,.......awang sold his share at 10cent,.......mean shares consolidation could be 10 to 1,......10cent per share is the value left in serbadk after write-down,........
. An article would ensue next week to explain the AGC's statement. Additionally, since the information is out, I shall honour my promise to disclose what SC's response were in respect of the investigative work done by leno and psai3alert and as a bonus, disclosed what SC did with it as opposed to their response. https://focusmalaysia.my/ag-compounding-serba-avoids-lengthy-trial-no-economic-consequences/
For the time being, I shall permit the various interpretation from the AGC's statement to your hearts content. .
From any layman's point of views the charges imposes on SD by AGC is impropriate for falsifying financials reports equivalent to a sum of billions . The charges imposed on Karim n besides his financial affiliates of 16 millions is rather damned cheap and how can others listed companies under Bursa would feared and comply to such default ?
Let them learned the hard lessons and not at their whims n fancies to cheat and disclosed falsed financial reports as the many shareholders including the minority are at stake at investing such company without transparency . Very lucky for them this time and myself was also one of the victim that suffer massive losses due to dirty tactics.
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
23,558 posts
Posted by Mabel > 2022-05-13 17:05 | Report Abuse
#PepGuardiola Mabel, Pearl White. Congrats, you the only fews who keep consistent say this Serba will make comeback
13/05/2022 4:42 PM
PepGuardiola Told you guys before. Serba will make a massive comeback. Sarawak political connection very strong. Can convinced BN
13/05/2022 4:44 PM
PepGuardiola BN = Better Nation
13/05/2022 4:45 PM
Cheers PepGuardiola!!!
To Our Success!
Meow Meow Meow