I was waiting for the EY appointment as external reviewers and the addition of more independent directors to do transparency and accountability for me to commit to buy a ton more.

The next time I buy will be when EY reports on their findings and embarrassed KPMG.

521 versus 521W. Really?

It is like going to ss15 and saying the house there is wrong, when you were supposed to go to ss15/2...

And if you don't even check back and review your " investigations" with management but straight become whistleblower to independent directors... I am waiting for egg on face.

In any case, if EY says that serbadk is wrong and KPMG is right, then I will sell all my shares at a huge loss and admit I don't know everything I thought I did about serba.

In either case, thanks to serba analysts in my telegram group as well as some on the internal staff of serba in the group, I am willing and happy to share as much info as I can.

But I can do without the belittlement and trolling, which I find silly in an investment forum like I3.


>>>>>>>>

Posted by probability > Jun 15, 2021 7:38 PM | Report Abuse

Philip sifu was patiently waiting to voice something...but the relentless hammering of serba from 1.60 to 0.54 made him speechless

Today finally after yday's event he could give us all some speech

I hope he can continue doing so...really

Unlike you I am very active in my telegram. I share all the analyst reports that I attended on zoom with the group, and also the reason why awang was force sell his shares. Facts and data are far more important to me than your senseless bickering with no results to show.

You disappear for months after losing money on the stocks you promote.

Have you ever considered the reason why the price go up is also because someone(s) decided to buy big at low price?

Water fish like you will never understand but blame everyone for everything.

But yes, continue to be a troll, because that is what you do best isn't it? Rather than making money, you make complaints and comments.


>>>>>>

Posted by CharlesT > Jun 15, 2021 12:53 PM | Report Abuse

Philip has learned fm Pak Tua/Mabel...

If price rebound then i bought ytd at low price

If price drop then disappeared for days...

this is a story that has no meaning.

You should find your own ending to the story.

All I can say is, time will prove if we are right or wrong.

But jealous old men who learn nothing question everything except their own results.

>>>>>>>

Sslee So which monkey are you?
15/06/2021 9:57 AM

You know what is non recourse?

>>>>>>>>
stockraider Never say never mah!

Buying serbadk bonds may have been a brilliant move, thanks so much to choivo and Lawrence. At 40 cents to the dollar and expiry 2022, they can't afford to default on this bond. Good prices indeed.

https://focusmalaysia.my/markets/yinson-plays-the-distancing-game-dont-compare-us-with-serba-dinamik/

What is the opposite of FAMOUS? INFAMOUS CALVIN.

does Calvin understand the meaning of the word non recourse?

Armchair analyst Calvin tan is now a star.

I wonder if he knows what non recourse means.


>>>>>>>

https://www.vice.com/en/article/akgkwj/operation-trojan-shield-anom-fbi-secret-phone-network

Scenery and stockraider, please stop posting here in my PERSONAL THREAD.

I3 MODERATORS, PLEASE DO SOMETHING ABOUT THE TOXICITY OF THIS FORUM.

WE ARE HERE TO DISCUSS ABOUT INVESTMENTS, NOT TO BOAST AND INSULT AND BELITTLE.

Ignore fools look Calvin. He talks about God, but full of bitterness and miserable and always thinking about money, just like his sifu harvest city church.

He talks about righteousness, but he will simply link any company as bad just because it is in my portfolio.

He is full of hate and sad , I wonder if he even actually believed in God. God will never be as petty as this Calvin tan eng Yee.

And most of all, he talks as if he is very good at stocks and valuation, and yet he sold 8 houses to buy NETX which he lost a lot of money on, which is why he is acting the way he is.

It is easier for the camel to walk through the eye of the needle than Calvin tan eng Yee to enter the kingdom of God, indeed.

Small and petty fella. He sees yinson as bad, and yet promoted talamt, asiapac, scomi energy, sapura, netx, and many many more disasters. And yet he always seems to get out at just the right time.

For those interested, I have his entire list of predictions of stocks over the years. Yearly. No wonder he has a few good results which he keeps lauding, her has over half of bursa covered! 100+ stocks past year and counting!


>>>>>>>>

Felicity BUT you are relating Yinson to Serba. That is misleading people!
07/06/2021 10:52 AM

Haha serves you right Calvin tan. Lim yuern chern became so pissed off with armchair "accountant" that he decided to reply your directly and teach you a little bit about how to value businesses.

You do know karim is foochow sarawak right?

>>>>>

fools).Philip not to be racist , the question for you ,why is serba owned by a MALAY ? Soon it will like uem or idris as per what the history books said.

If you pick half bursa, you will get average results. Some big explosions which you downplay, some poor earnings which you push Uber the rug until it recovers, and some which you trumpet across the entire earth when it works.

But how much did you buy?

I thought you proclaims that you sold 8 houses to buy NETX... Do you deny?

I prefer to talk less and let my long term portfolio results do the talking for me. As for SCOMI+NETX+TALAMT mastermind? I rest my case.

>>>>>>>
Lewis Lee I haven't seen uncle phillips in I3 ages ago !
Maybe he has woken up already and dare not comment here anymore ??
02/06/2021 10:01 AM

NETX is the better investment right?

Now bid price is 51. what does that tell you?
>>>>

CharlesT Posted by Philip ( buy what you understand) > Jun 3, 2021 7:07 AM | Report Abuse

Sold some serbadk shares at 0.895 average price, and bought serbadk bonds at 41, second tranche at 32.

Now bid price 29.91..........
03/06/2021 9:33 AM

apologies, there is another DK in my group as well who is very humble and down to earth, nice guy looking to learn and share knowledge together.

If you message me on telegram I can send you the full prospectus and the Morgan Stanley bid prices. I don't know how to do it over i3.

Just88, since you are a member of DK private group and he is in my telegram as well I believe, why don't you tell me how your dayang and jaks has worked out? Yes?

1 billion shares were transacted on 1/6/2021, what are you talking about? And the drop was queued since Monday when some funds were looking to sell their margin call positions. I think you are more a keyboard warrior than someone who wants to learn new things. Did you even sand the analyst meeting? I shared all the documents in my tmegram. Now the next position to buy when it gets lower. I suppose you don't even know how to buy bonds?

FYI the call to replace auditors had been ended. KPMG to remain and do the job the were asked to do but delayed due to covid.

>>>>>>>

Just88 How to buy at 0.795 when the price was 0.89 at 9.53am, and how to sell at 0.895 when the price closed at 0.825? How creative to make 12.5% (200k) in 1 day on 2 millions shares.

Sold some serbadk shares at 0.895 average price, and bought serbadk bonds at 41, second tranche at 32.

Create new account for the fun of it? Too much time wasted on unnecessary things, meanwhile where were you when pchem went from 4 to 8? And how about when scib/kpower went from 0.5 to 2 with warrants and dividends? Well I sold all the warrants, sold some shares, and enjoyed the dividends. So yes, I have a lot of cash to yet deploy and buy more. Trading on serbadk panic sales shares is good for me.

And another note, I also bought the 2019/2022 bonds at 40 cents to the dollar. Assuming they are legitimate and do not default on their debt, I will gain more than 100% next year, and bondholders get paid first before shareholders.

At 30 cents to the dollar bonds also picked up, distressed debt is Howard marks specialty. Let's see if I am right or wrong.

There are some obvious flaws in that red flag analysis. I'm surprised you didn't catch it.

So how much has insas grown the shares sales results? After selling something for money, the only reason would be to grow that sales into a more successful business right? What has insas done so far with that money? Or have they distributed back to shareholders?

I3 please do something about this stockraider. Polluting my thread, and making me no longer want to be in i3 with no moderators.

bought some serba. I still dont know why the analyst meeting notes and video feed, and kpmg findings were not disseminated to the public. But, fear is when you dont have enough knowledge. I posted it on my tgram sharing group, free for those who want to look for real information instead of commenting too much. I apologize for not writing earlier, but I was waiting to pick up some shares on the double limit down drop to buy.

>>>>>>
https://klse.i3investor.com/servlets/pfs/120720.jsp

bought 3m shares of serbadk at 0.795. huge discount month. waiting for august independent report. looks like the result of the saturday meeting seems good enough for epf and kwsp so far. 521 vs 521W street indeed.

It's either a disaster or opportunity depending on how you look at it. Someone seems to have forced KPMG hand, either serba management or KPMG own discretion. We shall see.

>>>>>>

paperplane bye bye to SERBA?
31/05/2021 2:49 PM

You can check the total transactions one by one. It's all in details every single transaction. It's called all time returns since 2019.

There is another concept called IRR. My return since starting the portfolio had been 74% on large sums invested.

>>>>>

CharlesT 12% return over a period of 2 to 3 years? not bad...better than FD n ICap...

I prefer tunepro... It is 90% of my imaginary portfolio and making me millions...
You should know by now to buy what you understand. For me I don't see the point of borrowing huge sums of money where you have a guaranteed monthly payment to the banks for an asset that needs repair, depreciation, maintenance and utilities which have rainy seasons and dry seasons.

>>>>>>>

Sslee Silent is golden.
Philip is doing some damage control.
Wonder why Philip like QL so much but miss out on MFCB? Good management with good long term growth.
30/05/2021 4:00 PM

Hi Ooi,
I believe you have attended the same analyst meeting on yesterday as I did. I have shared the KPMG findings and their reasons as well as the scope of their "findings". For me serbadk replied their comments within 2 days, and some of the replies very funny ( especially on the 521 office versus 521w office). It seems to me KPMG sure to covid did not bring up the issues in mid April to management first but directly within to independent directors, which is very unlike a big 4 audit firm. And more importantly those with issues have nothing to do with receivables or debt, but more on operational. In my telegram group a few of the analysts have already shared the KPMG findings as well as the serbadk replies, which in my opinion some are red flags, others are frivolous.I also shared the sound file of the entire meeting as well as all the questions put up and replied including my own. In my personal opinion, I have bought more of scib and Kpower using the warrants sold before, and I will believe in Karim as major shareholder in serbadk that he is not selling and buying even more. So far the only red flag I see well be if scib/kpower/serba can get out of covid-19 safely. As you can see from my portfolio breakdown, with scib+kpower+serba 11+% of my portfolio I think it is a good risk/reward play for me. Personally I will hold still and wait for qualified audit, and a reversing quarter results to guide my decision. Until then, watching paint dry.

As for lctitan, the previous delisting and relisting has given me a sour taste in the mouth. And looking at kick start of pangerang and results moving forward, would you really buy lctitan over pchem knowing the economies of scale and the size and collaboration of pangerang integrated complex?

>>>>>>>>

1.) Are SCIB and Kpower still a good buy ?
2.) I believe Lctitan is equally good as Pchem if not better, any intention to buy Lctitan ?

Please advise.
Thank you.
Ooi

Thanks for reminding to buy more. Speculation is the best form of cheap discounts. Like pchem remember what you said last time? QL you talk so much nonsense see the results? Wasting time talking to someone who put money in NETX...

https://www.upstreamonline.com/exclusive/sole-bidder-emerges-again-in-petrobras-tender-for-parque-das-baleias-floater/2-1-1016417

Pchem and QL huge quarters.

No prizes for guessing who else will have a huge quarter.

Relax myvi boy. When rumors and speculations are around, that is when you get the best deals. The secret is to ask yourself: what exactly is going on, and is it a material impact?

Please stop poisoning my portfolio page.

using my warrant sales money. Looking at the situation, it seems that over the medium term it is more profitable to sell warrants for cash to buy cheap stocks than it is to keep the warrants for a higher price in the future. Sad but true.

added some kpower and scib on the discount day.

You didn't attend the zoom meeting did you. 200+ analysts all attended to hear about what is going on. Luckily I have a few good analysts on my telegram chat with a good heart willing to share the recording. As usual, rumor mongers everywhere.

So what happens now, the latest results from power generation Vietnam does not concur with the research...

FYI, my telegram friends have access to my portfolio sharing which also still tracks all your portfolio returns. Haha, you see I didn't delete them as much as making it private. You can't hide my little lying Singaporean conman...

This is a blatant lie. I remember you using your telegram to join my group to try convincing people to buy NETX stocks. Luckily I have moderator powers.

>>>>>>


calvintaneng Tyvm ATARAH,

No. I don't have a telegram

Most of my posts are here in i3 forum

Too bad for those that sold their houses to buy tons of netx at 1 cent... Now they have 0.95... :)

How come didn't describe NETX?

Is someone describing netx?

But money still stuck in netx how? Where got money to buy pain oil counters leh? Calvin got sell 8 houses to buy netx before I remember...

Next is better coolbull.

My core positions are the same as it always has.

>>>>>>

CynicalCyan Bought and sold Georgie, Pm and Auto after holding hardly a year. What happened to the Philip that proudly held QL, TOPG for a decade without buying other stocks?
09/05/2021 12:09 AM

Stop talking bs. I have a palm oil plantation, but I don't see the massive profit you are talking about. Do you even know why the price is high now? The simple fact is supply and demand. Demand is higher, but the epidemic is causing chaos on the supply side. I simply don't have the workers, the weather and the fruit to sell. How much sillier can you be?

Rising steel and aluminum prices have got me spooked. Sold bauto at a small loss.

Yes, same with me. I also never think of buying stocks to be rich, but more of just daily improving and choosing the most efficient move forward. The results take care of itself.

So, always THINK about what you are buying, no matter what it is, warrants or stocks or houses etc.

Anyone who tells you to blindly buy a house as an investment should be slapped.

The main thing is, only the first house that you use and stay in is an asset. Because your comfort and enjoyment after working late at night to come into a place you call home cannot be simplified into a price value.

Anything after that we will always need to value as a risk/reward, opportunity cost lost and gained, no matter how enticing it can be.

I for one only have 1 house and 1 shoplot in ss15, and that is more than enough.

I compound my money faster in stocks.