If its all due to junior auditors mistake later get sued.for loss of rm3B then even KPMG boss selling backside also cannot cover

Spend a few RM to buy The Edge this week....It may later save u a lot of money

Should look at bid price...as its rather illiquid n the gap between bid n ask price is big

Bond Express
Bond Express Live Trading Hours :

Monday to Friday, 09:00hrs - 17:00 hrs (excluding public holidays)

Bid Volume
15,000
Bid Yield
49.820 %(-0.110)
Bid Price
30.000(-2.000)

I m confused also...fm the yield chart its bid price is 39 (04 June)

but then there is another bid price of 30

Guess u have to ask Philip on that

The crucial question is whether those Co in Middle East (related or not related) who gave more than 50% of theircurrent contracts are real or not

KPMG wrote in a subtle way. But investors are able to read the message between the lines...

Thats y u see 50% drops in mother shares n 70% in Bonds

I may support r Junior Auditor Theory in return....

So far i see for those who believes there is nothing wrong in the Co have 3 theories as follows:

1) Inexperience Junior Auditors- by Probability n a few more retaxxs which I cant remember their names (but who cares)

2) Sabotage by US- Sam Lee of The Rainmaker

3) Power struggle in Sarawak

Quite unusual too...normally in Bolehland many things can.be kaotim and avoid the rm3B loss...

Maybe KPMG got a lot of people with high intergrity like me???

As I said, what matters now is who is the waterfish who stuck n suffers huge loss.....lol

Yeap..can sack the junior auditors n claim financial losses of rm3B fm.them n KPMG...if lah

Think positively if SCIB is so damn good n no frauds at all then u shall be happy to buy at lower n lower price....

Once KPMG cleared Serbak's accounting matters all will limot up fly to the sky..

Happy then...

Oldman or youngters doesnt matter at all.


As long as one is not the waterfish who stuck in this co suffering hefty losses..

Lol

His QL won my mnrb lah...owe him a abalone bakuteh

So i gave him my advice on Serbak hoping can save him milions of RM instead...

Like KYY bought xinquan all.the way fm 1.50+ to few cents until it was suspended n delisted to defend his ego....i think he lost more than rm10m

But his grandchildren or great grandchildren may be benefited later lah who knows

Mayb his ego worths more than millions of RM leh

Last year Philip never listen to my advice in glove party so he suffers tens of millions of opportunity loss

This round c whether he can save millions RM of loss or not

Come lah post some comments on Serbak lah

I wish i could learn something fm u...

Philip changed a lot after last year's glove saga....if not he could hv posted few thousands words to defend Serbak by now....instead he is very very shy now.....

Successful bizman has to be snake lah

SsLee, i think 30 biggest shareholders in MMC owns ard 90% MMC shares..

Boss n gang oredi collected 99 b4 this

Karim is a Chinese Foochow Muslim.....hmm....

All this while i thought Hokkien is the most snake one among Chinese..
Until recently my friend told me that Foochow is King Cobra

Comparing to the junior auditors theory, it seems Sam Lee's US conspiracy theory is making more sense now....lol

Ops sorry the junior auditor of KPMG has caused more than RM3B to wide off fm Serbak's mkt cap, not hundred millions RM

Very powerful junior auditors i guess

Posted by probability > Jun 4, 2021 11:32 PM | Report Abuse

the auditor appears like a bookworm, even website can be faked man..

What cock u talk leh?

Auditor is lousy -negative point for KPMG

Website is fake - negative point for Karim

negative negative becomes positive ah??

Posted by ChefKarim > Jun 5, 2021 12:01 AM | Report Abuse

Looks like the TopGlove virus has spread to here. When vaccine came out, many kept on holding and average down, refuses to cut loss, then say vaccine useless, or still need gloves or got hidden hands pushing the price down, or how wonderful the dividends are.

Stocks have no feeling, stocks dont love you even if you love it.

Cut loss and move on, averaging down is a bad move when the market sentiment is against it. Serba and KPMG must present the annual report by October 31st 2021, this means the market sentiment for all 3 counters will be bad until this thing is resolved.

Until everything is clear, it wont move up but down. and if it is proven that serba cooked her books, then all 3 counters will collapse. if not, all 3 will limit up.

If wanna gamble for LU, then wait and buy some around october. gamble with money you can afford to lose.

This is Pro

Posted by probability > Jun 4, 2021 11:52 PM | Report Abuse

i have also been audited...but sometimes the individual auditor make a hell of difference...

No wonder....just due to your personal bad experience with the auditors u are now very sceptical with all the auditors

Mamak was being humilated by Chinese Driver in Spore so he hates Chinese forever

Sifu Up-Down was conned by some trader in China n he hates all mainland Chinese since then

Btw, yr CO also cooked the book ah?

Posted by probability > Jun 4, 2021 11:03 PM | Report Abuse

no one is in denial...we are seeing things objectively....SD wants to retain KPMG ma....they may need to send a senior experienced auditor from KPMG.....

lol...so a few junior auditors caused share price to plunge more than 50% n bonds drops 70% resulting hundred of millions RM gone

Posted by probability > Jun 4, 2021 11:04 PM | Report Abuse

young nerd KPMG auditor seems to be the whole problem...no wonder Kadier got irritated..

Posted by probability > Jun 4, 2021 11:08 PM | Report Abuse

pity kpower and SCIB who got dragged by this....turns out even SD could be completely innocent\

Probability, I think it's timely for u to do a brain scan...u hv show early signs of dementia

If its only a small irregular transaction issues their share price will erop more than 50% n bond price drops more than 70% ah??

Next time if earn too much money fm bursa can donate to me..
Dont donate to the crooks

Sifu Probability cut loss oredi? Changed tone now

If i were OLH i will sue this retaxd oskchoon...really spoilling osk's name....

Anyone can confirm so?

I heard rumours saying Karim can fly

Seems only one direction for glove...Hollanding

If really something is wrong leh

Bond drops 70% fm 100 to 30

If Serbak share follow so then 1.60+ x 30%= 0.50+

Dont worry lah Pak Tua n Mak Cik Mabel will buy at least 5m each

If drops to 0.60+ next week will buy another 5m shares again

Dont worry lah

Dont worry lah Pak Tua n Mak Cik Mabel will buy at least 5m each

Mabel n Pak Tua will come to rescue...maybe buy 5m each

Posted by dawchok > Jun 4, 2021 2:59 PM | Report Abuse

I got an insight that ASP has truly dropped from the highest $130/kpcs months ago to $70/kpcs as at last week. The sustained export value in Apr21 should be supported by the increased volume sold.

If so its a sharp plunge of 40%+!!!!!!???????

Unless export vol increase by the same 40%+.....even so might not able to compensate the drops in ASP

How on earth u got the figure???

Bond drops 70% share drops 50% not bad not bad Karim still very strong

Hoot9Yee seriously regret for that, shouldn't all in when seeing such rubbish post published on FB.

Thanks to Sam Lee of The rainmaker ah??

https://www.bondsupermart.com/bsm/bond-factsheet/XS2089155761

probability sellers are limited....but buyers are unlimited and they dont need a rational reason as needed by the sellers

after so many days at this level....upside risk is more than downside now...
04/06/2021 2:50 PM

Sifu Probability, as as now their USD Bond oredi drop 70% (fm 100 to 30)....

Karim is a Chinese Muslim....lol

They will defend n make 0.795 seems to be a strong support, until then..........either LU or LD....lol

Pinky A company that has been showing consistent growth and profitability since IPO in 2017, all of a sudden become a con job?

This argument is very weak.....

U think Megan/Transmile/London Biscuits etc all set up today n close shop on the following day?

They all posted positive results (especially Transmile) for years until meletup....