#joyvest It is still a long way for Sapura to strike back with its current negative PE,ROCE and EPS and pathetic NTA of 1 cent though it has recently received the nod from BNM for the restructuring plans. As it is cast with dark clouds at present , there is no cause of gratification.
As for SD, it has been bleeding non-stop since the nauseating stench emerging internally and its day is basically numbered.
DNex seems to be the bright star still shinning from above but how long its shines can last remains to be seen.... 07/09/2022 11:40 AM
Haha like Mabel said many times these 3 Battleships are Mabel's turnaround Case Study. That's why Mabel said they needs 2-3 years. Mabel has stakes in all these companies using Warren's Cigarette Butt strategy. These is not for everyone. There are many other more handsome counters which Mabel share earlier.
For these 3, Mabel only used excess cash. It's a high risk counters but can be very rewarding if the tide is on your side. Armada, FGV, Icon Offshore, Alam Maritime, Barakah used to be part of Mabel's Case studies. The best learning is to put Mabel's stakes in it..
In order Serba to survive they have to handle the banks first. Nasty banks are asking to repay the loan or face liquidation. Just like pointing a gun at your head. Disposal of assets are inevitable and appointment of special independent reviewer is imminent to protect Serba . Second Serba must fully utilise all their assets and keep 100 % utilisation and secure more projects. All monies must re-invested into the company. Then at the end of the day then Serba can see the light. A positive quarterly results are precursor for turnaround. All these must be submitted to Bursa as part of the regularization plan to turnaround in their financials and free from PN17. Then only Serba can move the price to the previous level. Difficult and challenging but possible. Buy a nasi lemak for Pak Karim to reveal in the press !
not a good sign for serbadk,......awang continue to dispose off aimflex,......awang is worry about being held responsible for serbadk`s rm3.5bil debt,.......if he continue to dispose minetech ,.......that is truly bad for serbadk,............similar case, london biscuit can`t pay debt, banks go after khee san , london biscuit & khee san was owned by same boss
Haha i only care those stupig promoter luring innocent people into this counter trap. The chances of recover is almost nil. If not bcos u all got promoter fees than promoter must be crazy fellow. Hehe
1) unlift the sanction. Then make soa with hsbc shanghai 2) once sanction unlift, start the first payment for the 6banks 3) then need to complete the sir 4) finally need to keluar the unqualified ar
Now you know why Mabel said this whole process will take some time..
So Mabel continues to goyang kaki..
6th Gear is already very fast. If Serba can resolve the above issues then 7th Gear will be the final gear shift to the checker flag..
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
MQ Trader 255 views | 1 d ago
0:17
New IPO: An enterprise IT solutions provider that provides implementation services, maintenance, support and professional services, Vetece Holdings Bhd aims to list on the Ace Market!
MQ Trader 458 views | 5 d ago
0:17
New IPO: A manufacturing and trading of biomass fuel products, particularly PKS and wood pellets company, Elridge Energy Holdings Bhd aims to list on the Ace Market!
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
23,588 posts
Posted by Mabel > 2022-09-07 11:55 | Report Abuse
Always swing in the wrong direction..
No wonder Uncle's pmcorpes low volume..like cemetery while Mabel's Syscorp so lively...
CheriMeow