Posted by BursaVulture > 2022-05-18 19:54 | Report Abuse

100% repayment.... some kind of BS by Karim again. Not owe few hundred millions, but billions. How can they ever repay the loan? bond? how? They just want to buy time.

Posted by adikkici > 2022-05-18 19:58 | Report Abuse

Dont compare Karim and Halim Saad. Karim is an engineer. Halim is budak suruhan. Karim self also fundamental of the company

Posted by i3lurker > 2022-05-18 20:11 |

Post removed.Why?

Posted by williamtkb > 2022-05-18 20:15 | Report Abuse

Will SD get suspended tomorrow? What asset SD can sell for 6B debts repayment? Be more alert if you still holding SD and buying tomorrow.

Posted by Sandlejepon > 2022-05-18 20:15 | Report Abuse

Semua billis n baby sharks akan masuk kasi up sampai 0.30

Posted by Legend > 2022-05-18 20:17 | Report Abuse

Mana ada umno mesti bungkus...haha

Posted by BursaVulture > 2022-05-18 20:25 | Report Abuse

https://www.theedgemarkets.com/article/serba-dinamik-seeks-restraining-order-against-units-proposes-100-return-scheme-arrangement

Posted by BursaVulture > 2022-05-18 20:28 | Report Abuse

Magic.... after this whole audit thing, say can repay back all the loans, but before that need to borrow to survive. Weird. what kind of logic?

Posted by DickyMe > 2022-05-18 20:51 | Report Abuse

"Legend

Mana ada umno mesti bungkus...haha

31 minutes ago"
=========================

Banyak empayar dah tumbang dan hilang dari peringatan.
Tidak ada yang kekal selama-lamanya.
Pasti lenyap. Tanda-tandanya sudah berakar.

Posted by colin888 > 2022-05-18 21:01 | Report Abuse

No wonder there are so many victims of scams. Engineer so what. BAU - business as usual. Karam has trust deficit and nothing he says can change the perception of him.

Posted by 8899EL8899 > 2022-05-18 21:04 | Report Abuse

to refinance serbadk debt,.......pak karim have to sign personal guarantee with his assets in oversea &locally,.......like pak karim shareholding in data knight, scib, kpower etc.........

Posted by colin888 > 2022-05-18 21:05 | Report Abuse

I believe Bursa will not approve SD regularisation plan given what Karam has done to Bursa and SC. Do you think the regulator can forgive and forget!

Posted by michaelwong > 2022-05-18 21:10 | Report Abuse

Just trying hard to proof they're still capable of paying their debts by selling assets inorder to maintain n restore their face n credibility . Pretentious is something that looks easily to believe by investors under their common mindsets

Posted by BobAxelrod > 2022-05-18 21:14 |

Post removed.Why?

Posted by BobAxelrod > 2022-05-18 21:18 |

Post removed.Why?

Posted by williamtkb > 2022-05-18 21:21 | Report Abuse

Very likely will delisted soon. Dato Awang had sold all shares as per announcement. Maybe this week is last chance to run away with some cash. Once suspended again will become toilet paper. Good luck guys.

Posted by BearishTrend > 2022-05-18 21:27 | Report Abuse

Next Brahim in the making.. Better use cash money eating popcorn

Posted by BobAxelrod > 2022-05-18 21:31 |

Post removed.Why?

Posted by adikkici > 2022-05-18 21:55 | Report Abuse

This is the first time SD in trouble. Not so easy to be delisted.

Posted by DickyMe > 2022-05-18 21:57 |

Post removed.Why?

Posted by DickyMe > 2022-05-18 21:58 | Report Abuse

So if you commit criminal breach of trust offence for the first time, you will be let off the hook?

Posted by i3lurker > 2022-05-18 22:21 | Report Abuse

Yes
same applies for Mass Rape of Women, Mass Sodomy of Men, Mass Murder and Mass Rape of Children
will be compounded with small amount of money due to "economic consequences"

DickyMe

So if you commit criminal breach of trust offence for the first time, you will be let off the hook?

20 minutes ago

Posted by Lee_CK > 2022-05-18 22:36 | Report Abuse

Sorry all, tomorrow Serba share price will still drop. Let see.

Posted by adikkici > 2022-05-18 22:39 | Report Abuse

Mengaku bersalah tak semestinya dia betul2 bersalah. He just doesn't want to drag issue too long because so many projects in their hand that must be to continue. If company suspension too long how about their staff? How about their projects? So just mengaku bersalah, bayar compound and then buat kerja saja la.. minyak tengah naik maa.. ini bukan company kosong. Ada barang, ada team boleh buat kerja punya..

Posted by Raiz368 > 2022-05-18 22:52 | Report Abuse

Friday after clear force sell will fly again...

Posted by adikkici > 2022-05-18 23:05 | Report Abuse

And did u know Karim is Chinese? He is Chinese Muslim. His Chinese name is Sii Chiong Wei... Waa so bitter racist commenter kutuk2 him here.. hahahaha

Posted by DickyMe > 2022-05-18 23:11 |

Post removed.Why?

Posted by UPlanet > 2022-05-18 23:14 | Report Abuse

Of course tomorrow Serba will be down la when opening coz Dow slumped more than 600 points now ma!!!!!!! But I think Serba may closing UP! Let’s pray guys!!!

Posted by Depeche > 2022-05-18 23:22 | Report Abuse

Investing in SD is not about its share price performance tomorrow or next week... but whether they can overturn PN17 status and repair their reputation.... if no confidence best dun touch.

Posted by BobAxelrod > 2022-05-18 23:24 | Report Abuse

Mana 2 tahun Annual Accounts leh? Siapa Auditor skrg?....hehehe

Posted by BobAxelrod > 2022-05-18 23:34 |

Post removed.Why?

Posted by bojed > 2022-05-18 23:42 | Report Abuse

I have no problem with SD resorting to selling their assets in order to pay their debts. Many successful businessmen do the same thing too.

I am more concerned with the fact that ever since KPMG raised red flags against SD, SD seem to secure small projects only. No more securing projects worth hundred million ringgits. How are they going to pay off their debts? RM2 billion is no joke, unless DSN chips in 2.6b LOL!

Posted by BursaVulture > 2022-05-19 00:51 | Report Abuse

bojed

That is because all the big projects they got are fakes. What was that super huge project in UAE? That digital hub?.... have anyone thought about it? Nobody knows where the location is. All fancy animation and graphcs saying how big that project is but 0 info on the location of the project. amazing.

Posted by jchin804 > 2022-05-19 02:09 | Report Abuse

any idea of the overall direction? Is it good since Serba is proposing "100 return"?

Posted by Depeche > 2022-05-19 05:59 | Report Abuse

If u were the creditor, a scheme to repay 100% to u should sound good....so to accept the proposal or insist on getting SD to wind up and get a fraction of money back? Submission of schemes done in court...SD dare to con creditors when everything they say will be recorded?

Posted by OKU_2020 > 2022-05-19 06:01 | Report Abuse

RECESSION.....!
Dow Jone Collapsed nearly 1,200 points for its biggest sinking since 2020 as the sell-off this year on Wall Street intensifies
BOOOO CHOWWW CCCCCC...
#DeadRat

Posted by Sslee > 2022-05-19 07:42 | Report Abuse

Do anyone keep a score card on how many lies SD already had told the investing public?

Posted by SHQuah > 2022-05-19 07:43 | Report Abuse

Serbadk still got a lot of projects and land bank in Middle East. Please check Serbadk home Page.

Posted by Ekkram > 2022-05-19 07:45 | Report Abuse

Another round today!

SD Group and its creditors as the proposed scheme of arrangement proposes a 100% return to the Company’s creditors.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3259792

Posted by williamtkb > 2022-05-19 07:56 | Report Abuse

Another traps to buy more time?

Posted by xxxx > 2022-05-19 08:07 | Report Abuse

100% return to creditors. Can be done lah. Get help from Petronaslah or simply get our money to bail it out. This is Bolehland lah, everything boleh. Don't care if boss is a Chinese. He has done wrong, he must pay, but then, this is Malaysia.

Posted by stockraider > 2022-05-19 08:33 | Report Abuse

For serba, the govt should not do anything as the info of serba falsification is opaque, if the govt involve in the rescue, it will be taken advantage of mah!

Only after doing a through forensic audit to assess the situation....then can assess the situation loh!

Without this done...better let the commercial people liquidate this co loh!

Posted by rr88 > 2022-05-19 08:34 | Report Abuse

Told u new york wud free fall.
Cut all qs n dump to buyers 4 sec b4 market open.

Posted by CUTLOST > 2022-05-19 08:35 | Report Abuse

Get ready bod

Posted by cicakman > 2022-05-19 08:41 | Report Abuse

You pay or not,PN17 or whatever ,have good future or not,that is business.
You have cheated the account is very very serious.Nobody will trust you anymore.
DJ down nearly 1200 points.
How?

Posted by Legend > 2022-05-19 08:42 | Report Abuse

Morning...siapa yang kena hari ni.

Posted by colin888 > 2022-05-19 08:44 | Report Abuse

Mabel, pls support! We need you Keluarga Malaysia

Posted by ǷearlꙌhite > 2022-05-19 08:46 | Report Abuse

.
***********************************WARNING!*************************************
Please avoid indulging in SD's share for the moment.

The tactics from the hidden proxies have changed to use the anchovies and general public to engineer a sell down that will cause massive losses to retail investors.

Beware of seemingly low price of entry SD and tempting price increase.

Co-conspirators SC, Bursa and MSWG are aware and are closing a blind eye on this.

Forward the information far and wide to very known group you know!

http://nuclearmanbursa.blogspot.com/2022/05/securities-commision-bursa-malaysia.html

CONSIDER this : some 2.15 billion Serba Dinamik shares were traded on the open market here yesterday.

THIS translates to slightly 57 per cent of the companies share issuance capital. Obviously, some big fish is doing a massive roll over, while big time day traders who enjoy ZERO BROKERAGE are having a FIELD DAY doing intra day trades.

DATA extracted from YAHOO FINANCE indicates VIEW : SERBA DiNAMIK shares are now trading at a MASSIVE 4 55 TIMES, its normal self

WHAT this means is the odd man out here, meaning the retail investor could be in the process of being set up big time, for some small time gains now, in return for huge life taking losses in the future.

HAS the SC, Bursa Malaysia and MSWG forgotten about IRIS Corp Bhd, and the devastation it caused the RETAIL INVESTOR ..??

***********************************WARNING!*************************************
.

Posted by Sslee > 2022-05-19 08:53 | Report Abuse

No prize for guessing who is suffering from Stockholm syndrome in this Serbadk forum?

Stockholm syndrome isn’t a psychological diagnosis. Instead, it is a way of understanding the emotional response some people have towards a captor or abuser.

Sometimes people who are held prisoner or are subject to abuse can have feelings of sympathy or other positive feelings toward the captor. This seems to happen over days, weeks, months, or years of captivity and close contact to the captor.

Someone who has Stockholm syndrome might have confusing feelings toward the abuser, including:
Love
Sympathy
Empathy
Desire to protect them

Stockholm syndrome might also cause the hostage to have negative feelings toward the police or anyone who might try to attempt a rescue.

Posted by SvMsHpOs > 2022-05-19 08:53 | Report Abuse

PW comment warning too late.
Shud give warning last evening!