Abdul Kadier the second largest shareholder in Serba is a self made man. Started off working in SEDC ( state economic board } before venturing into own business. Believed to have close ties with State .member of PPB

MSWG { CEO } mentioned Serba is entitled to have an third party independent review on KMPG { rarely MSWG voiced out to support a company } something is not right with KMPG

Foxconn { Hon Hai } is a reliable and reputable name. buying into Dnex showed they have map out plans for silterra

EGM forthcoming good news announcement

Imagine 3 additional ind directors on the board. I from KWSP, another past SC board member .third one from Sarawak State investment fund. Bingo

Yes Toyota totally agreed. Invest in Dnex and prosper together

If one of the 3 new ind directors come from KWSP .a great booster for Serba shares

Alot of retailers get shot and shit in their pants

Related to Awang dragged down by bad serba perception

Hon Hai offer Silterra exclusive contract manufacturing ?

Hon Hai is not stopping at 5% .they need to top to 10% to ask for Board representation

Everything in Malaysia is link politically. Look how Cimb take over SBB bank. How KFC { CG loo } lose the franchise, how Etronas pump in money to BMF and not forgetting MAS airlines saga. Sarawakians is the new power brokers or king maker

KPMG causes ??? Collapse of the Serba , Kpower,, Scib and other related counter share prices. Investors lose millions or billions wipe off kLSE market capitalization if serba doesn't have a case to answer .big big question and behind the scene negotiating.

Kanenites : great article. JIT inventory has impacted all sectors { not only car manufacturers or even the home appliances } it cut across all business with the chips manufacturing seriously hampered by the China -US trade dispute and the high start up cost

Warchest : totally agreed with the figs. May I add Bplant prai estate is a very valuable tract of land fronting the NS Highway. great potential & loads of suitor from northern property players

Those want to throw already throw the past 3 days

The private placement at 72 sen to a third party is huge .Not small change potentially can raise up to 720 million - 1.4 billion in multiple tranches. Expect multiple sovereign state funds with deep pockets to subscribe

Charles T : yes big boss angry & agitated by the young KMPG girls line of questioning .this junior babes know only how to pass exams but totally lack social etiquette ot basic business skills. Part of the team just greenbees. Now you understand why this girls are doing all the work during MCO and submit their report to the seniors. The seniors repose their findings to team head .no discussion due to MCO .big irreparable damages to this bunch of nitwigs

Good .if KMPG problem settles and complete their audit review

Based on whatever available press reports KMPG { external auditor} is worried on the impact of Serba bottom line if any of the trade account receivables turn bad. Ageing of credit terms is their concern not falsifying of trade { vs IMDb where money is deposit & transfer into
others offshore account}

Hit 65 but cannot sustain. Need a bolster shot { take it private }

If letter from KPMG confirm no big issue .? Expect 360% turn

Jitters after MCO lockdown announcement yesterday

Forced selling T+2 { 1.60 - 80 = 50% loss }

Hope the rebound can be sustain

Jtiasa hedging doubled side edge sword. Sometimes you win but also can lose

Auditors are like parasite.suck your $$$ and tell u " please state your business risks in the coming years " business risk, market risk , currency risk and geo political risk. Always remember Deloitte famous quote IMDb pink of health.

Manipulated and twisted by bankers and IBs

MOF agreed to dellotte settlement of USD 80 million in the 1MDB scandal. next is KMPG

Value investing is really tough ! Local stocks driven by perception and sentiment.look at local banks and IB's recommendations on Glove counters { you trust thier reviews } you end up holding spoilt durian. Kpower, Serba glowing reports suddenly drop like hot potato. Do your own homework

Opportunity comes once not twice. Look at this if the placement is successful. Great for Dnex { shareholders }

Windy - agreed .greed cut across all colour ,race or religion.

Close green is good

Alot of uncle's and aunties not aware

Clear communication. No if, no but ,what is the core reason and remedial action

Garner support from the funds to support the share price

Corn yesterday limit up. Weak USD, China consumer buying.bulls have legs to run

Just see how the market react ?

Dnex most likely bag another big job contract pending announcement

Just hold .see how the market reacts after suspension is lifted { when things are more clear }

Dividend announcement 1.0 + 0.5 =1.5 sen per share

Transmile was a darling stocks chase up to 14.20 in 2006-2007 Politically link with {Glic Pos Malaysia }and Singapore based Kuok group. Tun Dr Ling ling sik { MCA } was appointed as non executive chairman in 2004. Rumors of MAScargo merger with Transmile further fuel speculative

Double edged sword to suspend trading.bad for serba if no clear explanations

Mr pang72 : waiting for your prediction to come true

Wait for tomorrow

Mbsb is for long term investor { 2 or 3 years} when economic recovery is on track after covid pandemic is over.

Change in their financial year reporting from end Dec toJune period { 12 month to 15 month } is to enable the Group to consolidate their Ping petroleum and Silltera accounts.crude oil prices for the reporting period have increased from the low end to current USD 66-69 per barrel. Of special interest is the ramp up production & demand spike in Silterra chips. Shortages may persist till 2023 based on TSMC { world biggest chip maker }

possibility of impairment write back after massive kitchen sinking exercise in the last 2 financial year when CPO was at the low end 8 year spectrum. MFRS provision allow revision to reflect current conditions & transparency { MASB }

1st interim dividend sen 0 3 announcement today. going forward expect more dividend play from Bplant.

Yup. Everybody have their own trading style.