There is only one skyriver but still tens of thousands who are living in denial.....nothing goes wrong nothing goes wrong price will be back to RM1.60+

Price moves in tight range bound...diff to trade for chicken rice

guess have to wait for the next development to see whether it will LU or LD down

Surprisingly, as a self proclaimed 10 years long term value investor, Philip never bother to address on the dubious points raised in Serbak....

He seems more concerned abt the price changes in Serbak shares n bonds...

Punting is more fun right? As long as u can make money...even fm rubbish stocks or junk bonds...

Welcome to join us in the casino

Philip ( buy what you understand) 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
03/06/2021 4:16 PM

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

I only see Bid Price 37......So what does it tell u? Karim n Serbak boh tai chi n yr bond will be back to 100 soon ah??

Jaga jaga loh...c if 0.795 is breached

result will not be that good

Not everybody can become Superinvestor like them....

Reminded me of KYY's never surrender fighting spirits in Xinquan....bought all the way down frm RM1.50+ to Rm0.02 b4 it was suspended n delisted

Money can lose but Ego cannot....Geng

He knew its all highly suspicious but then he bought n now he bought more even after KPMG's finding....

Weird right?

He is now a punter just like me lah...welcome to the casino

Later I scare kena Pak Tua hentam

Fm the history of Megan, Transmile, London Biscuits etc over the years, I think Serbak is cooler than water

His only last weapon is his political connection

I think if u follow Jon io Philip u can make more money

60% gone....more than the 50% drops in Serbak's share price

I saw the chart it plunged fm 100 to 40 after the KPMG fiasco

anyway if Karim n Serbak never die the bonds will be redeemed at 100??

Posted by Petronas > Jun 3, 2021 9:43 AM | Report Abuse

I suspect Mabel and PakTua are siblings/adik beradik???

Or maybe room mates in Tanjung Rambutan?

Choiiiiiii......

I went thru all the info i found n shared here i better put my money under my pillow

But still has to remember to take medicines timely

I suspect Mable is a middle aged lady, unmarried, n suffers fm depression n is always living in her own fantacy of shares

I3 is a good place for her to kill her time

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..........

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

Is this the one?

Indicative Ask Price 45
Indicative Bid Price 29.91

If so quite a big gap...seems highly illiquid

Posted by Sslee > Jun 3, 2021 9:17 AM | Report Abuse

I admire Philip for his decisive and fast action in selling Serbadk and buy Serbadk US bond mature on 2022.
Philip is looking at multibagger when serbadk redeem the US bond mature in 2022.

If their books are cooked n his political connection cant save his ass then the Bond may be cooler than water

Anyway Philip will earn big on the Bond if Karim can do a magic lah

High risk high rewards

Old dog still can learn new tricks

Posted by Just88 > Jun 3, 2021 8:43 AM | Report Abuse

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

He bought n sold on 01 June...like what I did lah

I think he finally learnt how to punt like me......no longer buy shares n hold for 10 or 20 years then only sell

Not bad not bad.....

Surprisingly Philip is very shy now......,dont even respond a single word on the dubious points raised in Serbak

Maybe he wants me to show my 10 years record first b4 he wanna entertain me??

The only thing now can save Karim's ass is his political connection.....

C can or not

A few retaxds thought removal of the EGM is excellent good news n price will go up or limit up today...

Losing too much money until sok sok ah?

Meaning to say they still to have the music by KPMG.....cant just remove them like what Ah JIb did last time to stop n silence all the attacks

Posted by Sslee > May 24, 2020 5:39 PM | Report Abuse

Dear All,
The screen shot is his Topglove holding mark to market price at 1st Jan 2020. His buying cost when he start buying TopGlove in year 2010 and continues bought over the year till holding 2,043,800 is about RM 1 million.

23-Mar-2020 Sell TOPGLOV
-120,000 6.20 2,394.80
+741,605.20
27-Apr-2020 Sell TOPGLOV
-500,000 7.32 10,899.00
+3,649,101.00
12-May-2020 Sell TOPGLOV
-500,000 8.00 11,800.00
+3,988,200.00
14-May-2020 Sell TOPGLOV
-400,000 10.32 12,139.20
+4,115,860.80
15-May-2020 Sell TOPGLOV
-523,800 10.20 15,358.31
+5,327,401.69

Total sold 2,043,800 TopGlove for: RM 17,822,168.69

If he had hold his TopGlove till today at 22/5/2020 close price of RM 11.82 his 2,043,800 TopGlove is worth 11.82x 2,043,000 = RM 24,148,260 a different of about RM 6 m+

So I wish Philip good luck that his new purchased in O&G will give him this return (RM 6m+) in 2 year time.



I think Philip's average selling price for his Topglove is RM17,822,168 / 2,043,800 shares = Rm8.72+ or RM2.90 after 3 for 1 bonus

so tmr limit up ah? Then limit up again on Fri to go back to 1.60+?

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3163744

somebody suk sa....

QL vs MNRB Philip 1 CharlesT 0
Glove Philip 0 CharlesT 1
Karim ????????????????????

Last year U didnt take my advice to buy glove co but instead sold all b4 May or June n it costs u tens of millions of opportunity loss

Maybe this round u are right....maybe...it's all KPMG's fault leh

whether u make money or not is not really the issue here

the issue here is whether there is any possible scam in the co.....

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.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3163704

Maybe 3m of their shares went to you

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/

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

This one not some obvious flaws to u also ah?

If breaks 0.795 then good luck loh

Actually most long term investors in Oil N Gas Co of Bursa suffer huge losses if they are still holding now.

The few exceptions are Dialog n Yinson....

Posted by chief999 > Jun 2, 2021 2:55 PM | Report Abuse

what about u? what u trading so far?

Cheap Wa like Frontkn WA n SKpres WA...lately Serbak n WA...

Not bad not bad also can eat chicken rice

Hope those bought at 0.795 ytd will not become long term investor later

Posted by chief999 > Jun 2, 2021 2:49 PM | Report Abuse

got ahh... got lotte, duopharma... but just didnt comment there lor... :) ... here more fun

not bad not bad

Walau A Sifu Chief999, glove never die.....I like yr spirit...

But can consider to spare some time on other sectors ah?

ChefKarim Good read:

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

Hope can save u millions of RM

ChefKarim Good read:

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

bilisutara All this speculation just to make Serba's business down and indirectly pull down the Malaysian economy. Foreign investor will run away. Who is behind all this?
02/06/2021 11:51 AM

Could be US Government, basing on the conspiracy theory of Sam Lee The Rainmaker

MG9231 is a very smart senior investor. The only setback is he has a retarded student Calvin only