So it is the that Lim accountant & his assistant accountant. Don't they know how to read figures. Kopi O accountants.

FINISH. They haven't even got 100M to play with. That is why I don't understand why there is push for the price to go up, should be down.

O Lord what happen to BOSSKU? Did you miss something?

The gamble should be 0.07. Anything above that will be at a greater risk.

SC could help by giving the money back as a "LOAN" to Serb.

Plus 3 years jail!

I can honestly recall only one successful BUMI businessman, Syed Mokhtar. All the rest, I think just got deep pockets that they have been trying to fill. Not too many good BUMI just a handful.

Nothing is going to happen here for awhile. Our Govt top priority at the moment is with Bahasa Malaysia for ASEAN and our Finance Minister is also more concern about how much a KAI cost. What a bunch of useless mob who has got their priority mixed up.

Tomorrow will gap down. Another draft copy to creditors is just status quo. Not achieving anything, just back to square one.

All those buyers chasing the 0.90 - 0.95 are going to regret when news comes out after closing. No logic in chasing today, can still wait for tomorrow.

Watch them dump tomorrow morning when the news comes out after 5.00 closing.

Crazy investors. They think they have got the creditors, considering the actions in the afternoon. They start chasing!

Sounds like a delaying technique by SBD. The bankers are not going to agree.

Exactly, he has got the most votes. Cannot be voted out.

It's crashing. Insider trading?

Mabel is making more money than most of us here!

It is slightly different from SERB because Karim is a majority shareholder, that is not easy to be removed. In this the shareholder is MOF, they have the right to call an EGM to replace the full board by voting them out.

Personally, I believe Zafrul is too smart to even go close to commiting the MOF & be known in history as the FM who commit Govt money to this. As for PNB, their BOD made the wrong decision and it should be known that they are in fact incompetent and should all be replaced by the MOF. It's a performance job and they are very well paid.

Huangbk72

I don't agree. Of course they care , it will show up on their annual report sooner or later. The only people who don't care is the Goverment. They can give loans out of consolidated account or loans back by bonds with gov guarantees. This is not going to stand out like a BIG FLAG except it will end up in deficit.

cheahgood
We got your message. You just keep on posting the same beat and hammering Karim. My question. With that hugh amount of $$$ involved, do you think the creditors, institutions, bankers are prepared to cut loss or are they prepared to try and recover by riding it out with Karim. Don't forget one is a definate decision with no possiblility of recovery while the other is giving it more time and some hope. Exactly what happen in share trading, bit more extreme.

Almost 2 weeks before this kicks off with no damage from the court case OR it goes tumbling down following the court hearing on the creditors.

Hextar posts record 1Q net profit of RM15.7m, acquires entire stake in Australian units.

https://www.theedgemarkets.com/article/hextar-posts-record-1q-net-prof...
https://www.nst.com.my/business/2022/05/798753/hextar-global-posts-rm1...

Datuk Ong is working very hard on his other stable of companies. Give him a bit of time. Hextar is his most important company and the backbone of his structure.

Brief Sarawak assembly on losses suffered by state govt agencies in Serba Dinamik investments, says Batu Lintang rep.
https://www.malaymail.com/news/malaysia/2022/05/23/brief-sarawak-assembly-on-losses-suffered-by-state-govt-agencies-in-serba-dinamik-investments-says-batu-lintang-rep/8401.

It is a good trading counter because of the high turnover. If you do get caught out there is always opportunity to get out as long as you do not take too long to make your decision.

Still think there won't be MOF assistance, far too complicated. It just gives us some time to do a bit quick trading profit. Don't stay too long.

Sapura’s share price spiked on bail-out hope but what if it doesn’t happen?.
https://focusmalaysia.my/sapuras-share-price-spiked-on-bail-out-hope-but-what-if-it-doesnt-happen/

polycarp
Pretty good analysis.

If the MOF is going to do anything, it will be SE first then SEB. If that is the case then I don't think SEB can stay alive before anything happens. Only the courts can save them.

0.06 tomorrow?

Don't listen to that rumour. The turnover does not confirm the actions of these loaded guys.

No point in waiting here, might as well cash out and sit on SE. Make some money first, thanks to Zafrul then come back.

It's not going anywhere today. Nearly 3x no of millions qty wanted for buyers to sellers. Try again next week.

Isn't there an integrity problem with HSBC? Refer PearlWhite's article.
https://klse.i3investor.com/web/blog/detail/Pearlwhite/2022-05-19-stor...

I think abcd11111 better go back to preschool and get his abc in order.

abcd11111
You are a bit silly, posting buy,buy,buy week after week. Just how much have you picked up?

I have ask the question before. For those who are still not aware, Safian is the man behind Kuantum Juang Sdn Bhd ( KJSB). He currently holds a total of 14.811% deemed interest.

They can always make lots of $$$ on the market considering the turnover in the last 3 days. Now just start by doing alot of pumping and dumping.

It's not going to go anywhere until June 7, maybe June 8? from now until then it will just be gamblers around pumping and dumping with no certain direction except for their own pocket.

The BOD might as well close up shop and refund our investment. What is the point of not looking after shareholders but the Directors' fat fees.

It's the same as selling properties as long as there is profit at the end of the deal. Only show the decisions of the BOD lacks some forward thinking in going down this health line. A clear MISTAKE.

No matter how you look at it, it is a sellers market.

There is sure alot of cash out there to be jumping and taking advantage of the situation.

President
Did you delete all your posting?

You would be silly not to take your 66% profit out by now. What are you hoping for in one day?

It has now recovered more than 50% from the 0.35 opening last monday. Congratulations to those who took the 0.06.

Careful, take some profits first. There is still plenty of time if where it is going is what you are hoping for. There is no such thing as its going up in a straight line.

You are all gambling on the wrong counter. Should be on Sapnrg. Already up 66%

Need to wake up!

Relevant Enforcement Agencies - Standard Operating Procedure (SOP) - NFA

I honestly thought it will hoover around the morning session price for the rest of friday instead of taking off in the afternoon session. It gives me a gut feeling that it is a possible pump & dump.