I love his jokes.....the junior auditor's theory is a nice one...

Walau a who the fxxk reported Probability's comments? I could have missed some jokes....

Dont be like that lah

Mostly stockraider pakat with junior auditors of KPMG n junior staffs of rating agencies??

Missed the boat? U meant missed the bloodbath ah? Lol

https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2021-06-05...\

KUALA LUMPUR (June 3): Fitch Ratings has downgraded Serba Dinamik Holdings Bhd's Long-Term Issuer Default Rating to 'B-' from 'BB-', following questions raised over the quality of its earnings by its auditor. The rating agency has also downgraded Serba Dinamik's senior unsecured sukuk due 2022 and 2025 to 'B-' from 'BB-', with a Recovery Rating of 'RR4

Just out of my curiosity, if later Serbak is being cleared of the scandal and boh tai chi can the bondholders who sold n cut their bonds fm 100 to 30 due to this downgrade sue Fitch for their losses ah?

To be fair i have to declare my position too.

I own zero shares of Serbak/SCIB/KPOWER now but will not hesitate to punt for chicken rice money when opportunity arise.....

I dare not say Serbak will confirm 100% die or will confirm 100% alright basing on the info i went true, have to stay more neutral.

https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2021-06-05-story-h1566073211-FIRST_S_P_AND_NOW_FITCH_HAVE_DOWNGRADED_SERBA_BOND_TO_JUNK_BOND_STATUS_.jsp\

KUALA LUMPUR (June 3): Fitch Ratings has downgraded Serba Dinamik Holdings Bhd's Long-Term Issuer Default Rating to 'B-' from 'BB-', following questions raised over the quality of its earnings by its auditor. The rating agency has also downgraded Serba Dinamik's senior unsecured sukuk due 2022 and 2025 to 'B-' from 'BB-', with a Recovery Rating of 'RR4

Just out of my curiosity, if later Serbak is being cleared of the scandal and boh tai chi can the bondholders who sold n cut their bonds fm 100 to 30 due to this downgrade sue Fitch leh?

Posted by probability > Jun 5, 2021 2:44 PM | Report Abuse

i hold some SCIB shares...may be you can trust a little more now

Posted by CharlesT > Jun 5, 2021 2:41 PM | Report Abuse

I dont trust u anymore.


Posted by CharlesT > Jun 5, 2021 2:37 PM | Report Abuse X

I tok kuku if u dont hv


Posted by probability > Jun 5, 2021 2:36 PM | Report Abuse

sifu charlest...honesty 100% sincere...i held no shares of serba presently


Posted by CharlesT > Jun 5, 2021 2:35 PM | Report Abuse

Aiyo Probability what happened to u leh

I think.u r still holding yr shares..yet to cut loss

U bought a lot ah?

Probability's defense:

1) Junior Auditors of KPMG screwed up their works
2) Price of Serbak now is very cheap vs their peak of RM2.40
3) Got photo n links like below

https://www.adports.ae/new-820000-square-metre-hub-to-foster-research-...

Mohamed Al Khader Al Ahmed, CEO, ZonesCorp and Dato’ Dr. Ir. Mohd Abdul Karim Bin Abdullah of Serba Dinamik International Ltd and Block 7 Investments LLC, signing the agreement in the presence of Abdullah Al Hameli, Head of Industrial Cities and Free Zone Cluster, Abu Dhabi Ports, Eng Salah Salem Bin Omair Al Shamsi, Chairman, EFIRE Capital Holdings Limited and Hadef Salah Salem Bin Omair Al Shamsi, Managing Director, Block 7 Investments LLC.

P/S: Probability confessed he owns some SCIB n may suffer some hefty paper loss....How big is the position only he knows. But I think should be big enough for him to believe only everything is perfectly OK in Serbak.

Nothing goes wrong nothing goes wrong nothing goes wrong

Posted by Bruce_Wayne > Jun 2, 2021 6:33 PM | Report Abuse

Bobochacha,

Those domain names are all newly created in 2020!

block7investments.com
Created: 2020-04-14 11:09:58 UTC
Source https://lookup.icann.org

efirecapital.com
Created: 2020-01-20 14:53:11 UTC
Source https://lookup.icann.org

fdds.ae
First published: 10 July 2020
https://www.google.com/search?q=inurl%3Ahttps%3A%2F%2Fwww.fdds.ae&;...



bobochacha another contract

https://www.theedgemarkets.com/article/serba-dinamik-unit-gets-rm147b-...

the customer website fdds once again dont have a proper office address

https://www.fdds.ae/

the serbadinamik international ltd is a f**king big white elephant in the room.


bobochacha https://www.theedgemarkets.com/article/serba-dinamik-bags-rm771b-contr...

In an exchange filing today, the firm said its wholly-owned unit Serba Dinamik International Ltd (SDIL) accepted the letter of award last Sunday from US-based Block 7 Investments LLC for the four-year project, which is set to commence on May 14.

http://www.block7investments.com/

then i check check check, block 7 is a JV between serba and efire capital

https://efirecapital.com/

vice chairman of efire is abdul karim.

then i check check, efire is another JV. A joint venture of Liwa Investment Holding of Abu Dhabi and Serba Dinamik Holdings Limited of Malaysia.

why need so complicated JV JV?

both the company website no proper office address. efire only have a po box office address

ChefKarim Good read:

https://valueinvesting.substack.com/p/serba-dinamik-red-flag-analysis
02/06/2021 1:44 PM


AnsonLiew http://www.block7investments.com/
https://www.fdds.ae/
https://efirecapital.com/contact/

all above company own by karim award more than rm10billions project to serbadk

mean karim setup company in abu dhabi n direct award project to serbadk

left one setup ghost company n right hand award ghost project to serbadk
02/06/2021 4:27 PM

Posted by Huatexpert > Jun 2, 2021 1:43 PM | Report Abuse

Any idea when Serbadk will announce the multi billions new project win with EFIRE CAPITAL HOLDINGS LIMITED. Hope that this could be another boost for the share price..

Last yr Serbadk announced RM 7.7 bil project with Block 7 investment LLC
Serbadk also announced RM 1.4 bil project with Future Digital Data Systems L.L.C
I expected Serbadk will announce another billions project with EFIRE CAPITAL HOLDINGS LIMITED.

Since all three Companies has the same boss, same contact no. at Dubai. EFire capital holdings should look for Serbadk for their expansion plan...

Serbadk major customers hot line no. +971 2 550 4023 Abu Dhabi, UAE
May be is all of them use the same call centre that why with same contact no...

http://www.block7investments.com/
https://www.fdds.ae/
https://efirecapital.com/contact/

Posted by mohda39kashalf > Jun 5, 2021 11:42 PM | Report Abuse

soo many neg comment n ideas .. at the end .. 0 share in hand

I see many positive comments n idea n jokes...coz holding lots of share in hands (no Serbak but lots of SCIB...)

Posted by stockraider > Jun 5, 2021 10:53 PM | Report Abuse

This is raider very experience diagnosis mah!

Raider has 40 years of intense business & working experience...certainly raider would know a thing or 2 mah...!!

Most of kon tricks...raider can see ...from just 1 look of naked eye loh!

Except Netx ah? lol

Posted by probability > Jun 5, 2021 10:16 PM | Report Abuse

definition of cuckoo:
....................

spending time here commenting without an ulterior motive to buy cheaper or not having any stakes on serba related stocks

i hope i3lurker & charlest are at least on former category

For smart punters, there is always trading opportunity even for Serbak now. Philip also can punt Serbak and make some money like me lah.

The only thing is that we will not simply bullshit to twist around even we have some position unlike somebody loh. Stuck heavily in SCIB and have to post silly comments here hoping can help to push up the share prices....lol

Rating Agency downgraded their bond to junk bond...maybe they dont hv some smart employee like Probability...or another junior staff's work??

More than 50% of their contracts r fm middle east...hope what KPMG young auditors highlighted is not tip of the iceberg

Anyway he is smarter than the junior auditor..he oredi checked n certified that 76% of Serbak sales is real...

I hate idxxt n.conman the most in my life

Seeing yr theory of young auditor n price is cheap now vs 2.40

Hv to hentam lah..quite an insult to human interligence

Naive? Lol

Can sleep well or not?? Too excited...lol

After his young auditor theory...another lame excuse...

U really stuck a lot in SCIB ah???

Tell those who claimed price is cheap now compare to 2.40

Probability oh Probability...

What happened to u leh

Rm0.765 very cheap vs rm1.60+ b4 the kpmg matter...vs their high rm2.40 manyak cheap

Maybe next week lagi lagi cheap leh

B4 meletup Transimle was rm10+

After meletup rm5+- rm6+ very cheap

Then Rm3 to rm4 lagi cheap

Then rm1 to rm2 lagi cheap

Then below rm1 manyak lagi cheap

2 years later rm0.06 b4 delisted..

Cheap again is a very weak reason to buy

Dont worry lah..under or overreaction

It will either go up or come down only

Sleep well lah

Those arguments like junior auditors or how many employees they have or how many years they are in the biz are weak loh

ttps://www.thesundaily.my/archive/1157215-MRARCH270283

Biz was real Airplane was real also but some sales were fake n profit was fake also

big or small...place yr bet pls

their balance sheet doesnt look that good

So the question here is ada masak buku kah??

The question is on their contracts fm Middle East, especially those related one

Local Biz fm Petronas should be real lah

U think last time all transmil's biz is fake meh..But they cooked their books to inflate the sales n profit

Better story than yr junior auditors theory ah?

I will do my best to post more bad news here for u to buy cheaper n cheaper

Buy me a bakuteh later will do

With margin line better..can win big later

Let the naysayers spreaded more bad news here for u to buy cheap cheap...mayb another 30% discount next week leh

Why make noise on junior auditors leh? Should buy them dinner.for the 50% discount

Unless u r very panic lah

Buy more lah next tue if u think no problem at all

The lower the happier..later can win big

U really buy n stuck a lot ah??

If u ask me so is this case...lol

Anyway time will tell..no point to argue now

Never put in personal emotion into shares investment

Kyy's xinquan is a classic case

For sure u r involved lah. Donkey also can see

U want junior auditors to write that everything fm.middle east is fake

He got dinosaur size balls also dare not lah

Can pay rm3B loss ah

I dont trust u anymore.

Personally, blaming junior auditors on this saga is very very very retaxded. U really think the top management is sleeping ah

Rm3B was being wiped off in few days time

Kuku jiao also shrink

I tok kuku if u dont hv

Just cut loss n move on

Dont hv to talk rubbish hoping someone to buy high fm u

Tak alak

Aiyo Probability what happened to u leh

I think.u r still holding yr shares..yet to cut loss

U bought a lot ah?

Its in a very subtle way lah..they dare not write in black n white that those co r fake lah

U really think the top management of KPMG will just let their junior auditors to report like that ah? Never look thru it ah

The consequence is very jia lak....