Whatever project they got also can't change its credibility and reliability in the eyes of the creditors at the moment. Syndicate will sell /short whenever gullible ikan bilis are buying.
many do not understand.... whatever future profit serba makes will go towards repaying their debt, and they owe alot of debt. even if serba survive, they will be paying debt for ages.
I think its jg buying time to milk new water only. Where to find money?? Its a matter of time banker announce default again. By that time all water fish become dry fish. Hehe
Acceptance of the repayment scheme is subject to rigid conditions.
Basically ,SD is just buying time only to procrastinate its ending .The proceeds from the sale of identifiable assets could barely address the long term issues.
No more external funding and bad reputation, I just can't see how long SD could proceed.Its future as a going concern is highly questionable and is doomed to be liquidated.
Scout Honour I promise I pay you back. Agreement stated ,you pay before due date. I will sell my assets. Saya org kaya banyak harta,di congostan,pakistan,afghanistan and gohead gostan. So jual air liur basi pun laku.
OTHERS SERBA DINAMIK HOLDINGS BERHAD ("THE COMPANY", WHICH TOGETHER WITH ITS SUBSIDIARIES ARE REFERRED AS "THE GROUP") APPLICATION FOR LEAVE TO PROPOSE A SCHEME OF ARRANGEMENT WITH ITS CREDITORS
Selling of all assets including building not enough to pay creditors and bankers. Still got of vendors waiting for payment and supplies not going to provide services and raw materials if old payment not clear.
If I had RM100,000 invested in Serba Dinamik, I would have sleepless nights as the share price can fall by 50% in minutes. Buy Maybank if you wish to sleep well.
#Mikecyc Haha no worries ... my new hired CEO bobbby salary is very low .. love to work OT with condition will not take bussiness from local citizen ... good job loh .... add oil loh ... hahahaha 03/06/2022 8:17 PM
+1 Hahah Mabel agreed with Mouse..can be your driver too
#SHQuah Selling of all assets including building not enough to pay creditors and bankers. Still got of vendors waiting for payment and supplies not going to provide services and raw materials if old payment not clear. 03/06/2022 8:23 PM
Overall, analysts are still overweight on the O&G sector. While earnings have yet to catch up with expectations, oil prices have climbed further, going beyond US$120/bbl at end-May and averaging at US$109/bbl in the April-May period.
Some also cited continued trading opportunities among refiners and exploration and production players despite the share prices having run by 55%-60% so far this year, with oil price forecasts among analysts catching up to the US$100/bbl-range.
High O&G and product prices has benefited Mabel Energy Battleships and Super tankers. They are now been included by Analyst's coverage..
That's leave to SD and SE which are now racing to secure their turnaround..
This will be an interesting race to see which of these two will crossed the checkers flag..
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....
InvestorKING
5,925 posts
Posted by InvestorKING > 2022-06-03 11:32 | Report Abuse
Sell before it's too late