Posted by wongchin > 2022-05-20 22:01 | Report Abuse

There are still some water fish beleiving in promoter. All i can says is promoter work with syidicate to lure mostly naive water fish for a fee or comission.

Posted by cicakman > 2022-05-20 22:04 | Report Abuse

1___________1 @--- @----

Posted by Jonathan Keung > 2022-05-20 22:37 | Report Abuse

Mabel. I am really flatter . Myself just a small time investor that relies on common sense , news flow , updates & at times technical chart. Keeping our fingers cross for more positive updates on Serba Dynamic turn around plan. Never underestimate this man Karim

Posted by DannyArcher > 2022-05-20 22:40 | Report Abuse

this thing is gonna be like glove... a slow and painful journey and then a sudden death when court allows bankers to wind it up.

Posted by Jonathan Keung > 2022-05-20 22:54 | Report Abuse

Kevin Yii ( DAP Bandar Kuching } has raised question and asked the Sarawak State Financial Secretary Treasury and other related agencies { Bintulu Development Authority } that are substantial shareholders of Serbadk Dynamic to reveal their losses incurred in the counter after the shares was sold down after the long drawn out saga. An interesting fact reveal that Karim { Founder and CEO } is not on the list of top 30 shareholders. Really interesting ?

Posted by Mabel > 2022-05-20 23:57 | Report Abuse

#Jonathan Keung Mabel. I am really flatter . Myself just a small time investor that relies on common sense , news flow , updates & at times technical chart. Keeping our fingers cross for more positive updates on Serba Dynamic turn around plan. Never underestimate this man Karim
20/05/2022 10:37 PM

Meow JK !

What you say can happen...

The S&P 500 as well as the Dow Jones Industrial Average are in correction territory (as they have fallen by more than 10% from their highs - with the former down 15% by and the latter by 11.6%), with the NASDAQ in a bear market (as it has fallen by more than 20% from its highs - to be precise, it is currently down by 26.1%.)

On 12 May, the S&P briefly touched the bear market territory and rebounded - the same can also be said in the subsequent trading days, where the lows have been higher than that recorded in the previous day - this is an evidence that the Index have possibly "bottomed" and recovering.

Another evidence can be found in the stochastic - where, on the very same day it hit the bear market territory on 12 May, it has reversed into an uptrend position from an oversold position and currently pointing upwards - which suggests that in the near-term, the S&P could potentially trend higher.

That said, there are some key resistance lines to take note - with the most immediate one at 4,140 points, where the 20-day exponential moving average (EMA) on a daily timeframe is. If the bullish momentum manages to sustain and the candlestick breaks above this immediate resistance, then the next one can be found at around 4,275 points (where the 50-day EMA on a daily timeframe is.)

On the other hand, if the index turns bearish again from its current position, then the most immediate support can be found at 3,855 points - and if it breaks below this point, the index will be in a bear market.

Mabel is optimistic it may go for a rebound...

On DK, Mabel is well prepared to execute the two scenarios where Mabel shared earlier..

On that note, do you know STI has performed much better than S&P 500 YTD. Beside Plantation and the 3 Singapore Banks etc, JD Cycle and Carriage is the one main mover of STI. They are focus in selling Mercedes Benz in SEA. Their best performing Market is Indonesia. Yes! Indonesia Plantation farmers are buying Mercedes Benz in Indonesia in large volume..

To Our Success !

Meow Meow Meow

Posted by Mabel > 2022-05-21 00:00 | Report Abuse

Here is something worth sharing..

You have to imagine like this...
SD got 1b plus revenue every year.
18b contract in hand
2b hutang

Put it into our perspective,
We have earnings of RM 100k per year
1.8m contract in hand
200k hutang

Think about it...

Mabel is definitely on LT for Serba

To Our Success !

Meow

Posted by TCH1186 > 2022-05-21 00:14 | Report Abuse

almost enter again at 0.15.. then it dropped to .14.. after lock 100% i wont let operator take back my money.. withdrawal in process..

Posted by VTrade > 2022-05-21 00:21 | Report Abuse

Buy easy
Sell susah and sakit
(Profit kecut or capital kecut)

Posted by Huangbk72 > 2022-05-21 06:08 | Report Abuse

Once in a while, Conmabel proves again he doesn’t know finances.

Revenue - Debt + project on hand = profits??

LOL

Hint:
1)study SD cash flow position last 8Q.

Posted by RCZ2020 > 2022-05-21 07:21 | Report Abuse

If the banks agree on SD proposal to settle the loan gradually SD will revive again. Further more SD has Sarawak government's support. You think they will let SD die?

Posted by RCZ2020 > 2022-05-21 07:30 | Report Abuse

Current oil price is so high and I don't think the stake holders want to let SD wind up. Even the banks will think carefully before doing so. I hope the banks will try to reschedule the borrowings. Anyway keep the fingers crossed

Posted by 8dragon > 2022-05-21 07:55 | Report Abuse

By delisting SD is a step forward to restore the integrity of our capital markets, or else foreign investors will be deferred to set foot in our capital markets....

Posted by Mabel > 2022-05-21 07:55 | Report Abuse

Haha Huang Huang Huang

Forever Grumpy..

Posted by Mabel > 2022-05-21 08:00 | Report Abuse

RCZ2020 Current oil price is so high and I don't think the stake holders want to let SD wind up. Even the banks will think carefully before doing so. I hope the banks will try to reschedule the borrowings. Anyway keep the fingers crossed
21/05/2022 7:30 AM

Smart thinking..

Fortunately Banks these days are not as grumpy as Huang

Meow

Posted by Mabel > 2022-05-21 08:04 | Report Abuse

Huangbk72 failed big time..

After 11 months of hardwork, Serba is as Solid like a Rock

Please try harder..

Meow Meow Meow

Posted by Sslee > 2022-05-21 08:04 | Report Abuse

Just a gentle reminder from PSAi3alert:

(Updated 10th December 2021, 12.22PM)

“Simply put, the obligation of the issuer to pay the required coupon by the grace period did not materialise and has triggered a default,” the source stated.


The SIR covered only 11 identified local customers, 6 identified local suppliers, 5 SDIT International Limited of the identified customers and Lata in Bahrain.

However, there are a lot more customers that have yet to be identified for review and those customers have allegedly contributed to substantial 'immaterial' revenue over the years.

Selected Countries Cumulative Rev from 25/5/2016 – 31/3/2021: RM 13,396M

Qatar __________ 4601.051M
- Process Dynamics
- Pavilion Qatar Engineering Co. W. L.L
- Halul Offshore Services Company WLL

UAE ___________ 3380.402M
- New Thunder Technical Services
- Block 7
- Future Digital Data Systems LLC
- Sum Tech

Bahrain ________ 1756.658M
- Lata International Trading and Services
- Regno International Trading & Services W.L.L

Saudi __________ 1201.493M
- Midad Industrial Services

Turkmenistan ____ 721.542M
- Turkmengas

Indonesia _______ 613.514M
- PT Pilar Bahtera Energi

Oman __________ 580.59M
- Revenue International LLC

Kuwait __________ 224.697M

Tanzania _______ 194.809M
- Sufini Holdings Ltd

India ___________ 60.028M
- Captiv Techno Solutions Private Limited
- Analog and Digital Labs India Private Limited

Uzbekistan ______ 40.33M
- Hazarasp Chlor Alkali LLC FC

Laos ___________ 20.99M
- Nam Taep 1,2,3 Hydropower Co Ltd


--->>> Those 'immaterial' revenues that have been erroneously recorded as 'immaterial' assets in the balance sheet will continue to be 'immaterial'.


As at 30th September 2021

Immaterial Assets

Property, plant and equipment : 2,153.796M
Right-of-use assets : 449.619M
Investment in associates : 184.816M
Other investments : 55.314M
Intangible assets : 145.722M

Inventories : 2,342.654M
Contract assets : 652.606M
Trade and other receivables : 1,814.622M
Deposits and prepayments : 307.785M
Cash and cash equivalents 290.285M

Subtotal immaterial assets : 8,397.269M

--->>> Ultimately those 'immaterial' assets will need to be written-off


Material Liabilities
Loans and borrowings 2,278.187M
Trade and other payables : 477.129M
Loan and borrowings : 1,479.556M

Subtotal material liabilities : 4,234.875M

--->>> However, material liabilities will stay

Posted by Mabel > 2022-05-21 08:05 | Report Abuse

Better listen to Snow White.

She knows what she's talking

Meow Meow Meow

Posted by Mikecyc > 2022-05-21 08:09 |

Post removed.Why?

Posted by i3lurker > 2022-05-21 08:35 | Report Abuse

sslee
Forumers here are saying that criminal activities are Promoted Activities in Malaysia, thats the ONLY reason why Serba must be rescued to continue more criminal activities.

I think you do not understand that Criminal Activities like FAKE revenue are now encouraged in Malaysia.

Posted by BobAxelrod > 2022-05-21 08:41 |

Post removed.Why?

Posted by BobAxelrod > 2022-05-21 08:43 | Report Abuse

Now she went and hid behind kacang putih's skirt........but claimed everyone is hiding from her.

Mabel

Better listen to Snow White.

She knows what she's talking

Posted by Sslee > 2022-05-21 08:45 | Report Abuse

Good morning I3lurker,
I am promoting Petronm now and for sure no fake revenue or fake receivables and the refining margin (crack spread), fuel price are all open book public information.

Posted by Huangbk72 > 2022-05-21 08:45 | Report Abuse

Didn’t know Conmabel definition “of a rock” meant share price dropped 90% since saga started..

LOL

This Con really delusional

Posted by BobAxelrod > 2022-05-21 08:46 |

Post removed.Why?

Posted by Huangbk72 > 2022-05-21 08:49 | Report Abuse

Haha Bob

Fake inventories should be SD definition of “identifiable assets”

Posted by Mabel > 2022-05-21 08:51 | Report Abuse

Haha please try harder..

It's not working..

Mabel’s Serba so steady.. Hahaha

Meow Meow Meow

Posted by i3lurker > 2022-05-21 08:51 | Report Abuse

sslee

Serba Criminal Activities resulting in
RM8.4 Billion non-existent Fake Assets
and
RM4.2 Billion Real Liabilities

must be encouraged, promoted, green lighted, esteemed, respected, taught, paraded, modeled and mannequined as a unique Sarawak and Malaysian social culture, the only way of life and something to be proud of to be passed on to future generations.

I will propose that Malaysia build a Criminal University to produce Master Criminals as part of the Malaysian Master Plan.
Aspiring criminals can take Bachelor, Masters and Doctorates to learn how to become expert criminals in producing fake non-existent assets but real liabilities.

The Criminal Capo of the Criminals will be given a title of Tun and a free Bungalow worth RM150 million from Gobermen land and immune from any prosecution including but not limited to any and all criminal charges.

Posted by BobAxelrod > 2022-05-21 08:55 |

Post removed.Why?

Posted by i3lurker > 2022-05-21 08:56 | Report Abuse

sslee

Good morning
thanks for the PetronM tip
:)
Please do work hard and give us more and more tips of non-criminal companies.

Criminal companies like Serba with RM8.4 Billion fake assets but RM4.2 Billion real libilities are exclusively used by people who love criminals with puppy crush love like LOOngKang Kat, Sicky, pearlblack etc etc

Posted by alenac > 2022-05-21 09:03 | Report Abuse

Good morning, so the tirade over Serbak continues. Did it ever occur to you guys that Serbak supporters are just a handful such as Mad Cat and a few here? The rest are just punters looking for speculative price surge whenever there are a little positive news over Serbak?

Posted by i3lurker > 2022-05-21 09:05 |

Post removed.Why?

Posted by Sslee > 2022-05-21 09:06 | Report Abuse

A gentle reminder for last financial repoet already written off RM 346.5 million receivables and RM 552.6 million inventories.

For the coming quarter result, will there be more impairment/written off/written down of trade receivables, inventories, PPE and etc?

Detailed impairment of trade receivables by country and segment are as below:-
Country Amount (RM million)
India 10.7
Indonesia 19.1
Malaysia 137.3
Qatar 20.9
UAE 158.5
GRAND TOTAL 346.5

Segment Amount (RM million)
EPCC 16.0
ICT 66.2
O&M 158.6
O&M and EPCC 105.7
GRAND TOTAL 346.5

Detailed inventories written down by type and country are as below:-
Country Amount (RM million)
Malaysia 240.6
UAE 312.0
GRAND TOTAL 552.6

Type Amount (RM million)
Equipment 50.1
Parts 433.9
Tools & Consumables 68.7
GRAND TOTAL 552.6

Posted by cicakman > 2022-05-21 09:10 | Report Abuse

Those investors who bought very very high sure kong100% and very very slim to recover.
Got experts already analise the Oil Price,FYR and Serbdk share price does not matched since listed..
Kaw..kaw..you all kena pangkung.

Posted by BobAxelrod > 2022-05-21 09:13 |

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Posted by BobAxelrod > 2022-05-21 09:14 |

Post removed.Why?

Posted by i3lurker > 2022-05-21 09:14 |

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Posted by cicakman > 2022-05-21 09:16 | Report Abuse

Monday buy fast fast before Serbdk go do business world class in NASDAQ.walahhhhh...

ANGAN ANGAN MAT KARRIM.
Poraaahhhh
How long karrim sudah tipu?

Posted by i3lurker > 2022-05-21 09:20 | Report Abuse

cicakman
no worries
I will propose that Serba takeover entire Nasdaq punya toilet cleaners with said RM8.4 Billion fake assets for the Glory of Malaysia

Posted by BobAxelrod > 2022-05-21 09:20 |

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Posted by BobAxelrod > 2022-05-21 09:28 |

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Posted by cicakman > 2022-05-21 09:41 | Report Abuse

SC looking at karim.
Chetty looking for karrim.
Investors growl with karrim.
Bank don't trust with karrim.
So next minimum 3 years daily kena bommmm...
How a PN17 can reach back minimum 0.50 cts.
Are there any or ever a PN17 share price will recover to normal.
NO WAY cz all PN17 has history that you can learn from..

Mampoi lorrr and don't pretend those PN17 has survived .

Posted by i3lurker > 2022-05-21 10:34 |

Post removed.Why?

Posted by RCZ2020 > 2022-05-21 10:36 | Report Abuse

Nvm let's wait and see. If SD's proposal of RO agreed by banks and court grant the permission then the share price will pick up. For those pouring cool water now will have to swallow their words

Posted by i3lurker > 2022-05-21 10:40 |

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Posted by BobAxelrod > 2022-05-21 10:45 |

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Posted by i3lurker > 2022-05-21 10:49 |

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Posted by RCZ2020 > 2022-05-21 10:56 | Report Abuse

Haha so furious. Why????

Posted by i3lurker > 2022-05-21 10:58 |

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Posted by i3lurker > 2022-05-21 11:04 |

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