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2022-06-02 12:50 | Report Abuse
What my posting about people that promote has hidden agenda?
Then you started rambling for the past 5 posts with no clear direction..
What are you trying to say when you mention my name?
Lets be direct... no more twist and turns..
Just say what you want to say
2022-06-02 12:46 | Report Abuse
Still not saying what you are implying??
The platform is yours..
Lets not waste time posting 1 sentence answer and go straight to the point.
You are only adding to your post count in i3... but nothing of substance
2022-06-02 12:42 | Report Abuse
My hidden personal agenda?
Please explain..
I cant understand your riddles
2022-06-02 12:28 | Report Abuse
again riddles...
You assume that I belong to a group??????
2022-06-02 12:26 | Report Abuse
Dont you find it tiring when your brain cannot fix and focus on proper chain of thoughts?
Keep speaking in riddles that only you can understand..
Im very sure no one else can.. cos I dont
2022-06-02 12:23 | Report Abuse
You can be saved.. unlike ConMabel
At least you admitted to adding oil with nonsense post.
Post something relevant to SD.. then you are on your road to recovery
2022-06-02 12:20 | Report Abuse
Another madcap.
Who flag post?
Who defending who Billionaire CEO?
What i have posted so far are facts and numbers. Proven 100% correct since last year.
You can boast this record?
2022-06-02 12:11 | Report Abuse
Adding oil is what I can see you are doing
I also see you mention my name.
What personal agenda? Pls be direct.. dont twist and turn like ConMabel
2022-06-02 12:00 | Report Abuse
What are you implying that is totally no relevance to SD discussion?
Haha still recalled on Huang replied when defended billionaire CEO n get mad ... he posted is never promoted a stock but see :
Posted by Huangbk72 > 5 minutes ago | Report Abuse
Haha..
Why need to promote stocks?
Why need to lure people to buy higher than you?
Why need to make money using dirty ways?
Nothing is free in this world. Same as promoters service.
2022-06-02 10:13 | Report Abuse
No fraudulent company in the world will admit they are lying..
Same modus operandi... deny all allegations till they cannot be denied anymore.
I prefer to trust the information shown in the Banks Winding up Petition.
Huangbk72
So another management pack of lies that it is able to settle 100% of liabilities or it is a formality that they have to say so to avoid liquidation in court. In whichever direction Serbak is doomed.
@alenac
By virtue of winding up petition by banks.. it is 100% confirmed fact that SD debts is more than its real assets.
2022-06-02 09:46 | Report Abuse
@alenac
By virtue of winding up petition by banks.. it is 100% confirmed fact that SD debts is more than its real assets.
2022-06-01 07:59 | Report Abuse
No one will be able to bail out SD.
Not even Government or State owned companies.
You cannot bail out a fraud company.. simply because you cant do a forensic audit. No one really know how deep the hole is in SD. How much is needed ? Or unless someone willing to write a blank check.
To those gamblers holding SD, you need a lot of luck cashing out this stock.
2022-05-31 21:04 | Report Abuse
https://www.theedgemarkets.com/article/serba-dinamik-received-oneyear-term-renewal-licence-petronas
2 conditions pops out which I dont think SD will fulfill
1) The licence stipulates that Serba Dinamik shall, within one year from the effective date, submit its audited financial statements for the financial year-end June 30, 2022, duly accompanied by the auditor’s unqualified opinion.
2) Also, Serba Dinamik is required to submit financial guarantees as a prerequisite for all and every Serba Dinamik’s participation in tenders initiated and/or conducted within one year from the effective date.
How are they gonna convince Nexia to drop KPMG and EY findings? How on earth are they gonna get the financial guarantee??
2022-05-31 20:52 | Report Abuse
@Bob
Bingo.. i think the impairment will continue for the next few Q.
Right on when you say impairment done in batches.
2022-05-31 20:50 | Report Abuse
So essentially.. we know SD is not paying creditors. Over 90 litigation cases involving RM108.62million.
“Serba Dinamik relies on repayment from its own indirect subsidiaries of its intra-group lending to them before it can repay/pay the borrowed/financing sums; however, SDGB, SDSB, SD Controls and SD Development explicitly admitted that they are unable to pay their debts,” said the creditors.
Moreover, the affidavits said that there are at least 91 litigation arbitration and/or adjudication matters against the entities in the Serba Dinamik group, and that the total amount demanded against the entire group is approximately RM108.62 million — excluding the RM1.78 billion acceleration notice amount and the RM99 million instalment sums."
With this information, you still think SD has real positive OCF?
SD has been lying to investors, bankers and, public for a long long time. Once this House of Cards start unravelling, it will be swift.
2022-05-31 20:28 | Report Abuse
@InsiderShark
Honestly, nothing can be trusted coming out of SD. They can fake accounts too easily.
But for the sake of discussion with WisdomNTruth... we are using SD unaudited accounts.
2022-05-31 19:49 | Report Abuse
This is what you wrote which Im disputing. SD is not repaying their loans, borrowings and interest.
"If you take a closer look on their latest QR. The cashflow statement stated that they are generating positive operating cashflow (which is from the business operation itself) and their cash were mainly used to repay loan and borrowings & interest."
Then you diverted the topic to OCF and FCF.
Im asking if SD is not paying creditors, will it impact their OCF?
2022-05-31 17:57 | Report Abuse
2022-05-31 17:55 | Report Abuse
WisdomNTruth
If SD is paying their creditors on time, company will still be able to report positive OCF?
2022-05-31 16:53 | Report Abuse
actively paying their debts? Positive cash flow?
Somehow reality is they owe :
1) Banks
2) Suppliers/Creditors
3) Bondholders
Means they have not been paying their debts.
Now dragged to court.. more and more creditors will magically appear.
2022-05-30 21:06 | Report Abuse
Losses from operations, investors can put in money... if turnaround is possible.
SD is different:
1) Confirm fraud
2) Default Bond
3) Default Loan
Anyone of the reasons above, SD will not get new funding and new projects.
Still Worth it?
2022-05-29 20:36 | Report Abuse
We all know ConMabel tricks..
Changing numbers, facts just to mislead newbies.
Since SD is read by so many.. good to see more and more people aware of this ConMan.
2022-05-27 12:13 | Report Abuse
Asking me to be nice to verified Conman?
LOL...
You have been promoting non-stop from 1.60 till 0.11..
Always posting nonsense and fake numbers... caught you myself a few times.
As long as I work for Rela... i will always shoot crows or kill snakes...
2022-05-26 17:56 | Report Abuse
Delusional ConMabel
Unlike you, I am using 1 Id…
Conman like you same everywhere.. living in fantasy land
2022-05-26 12:48 | Report Abuse
Until today I also dont understand why ConMabel is camping here for toilet papers? Claimed profit la.. no loss la... why waste time here? Nothing to sit on??
Im a lifetime Rela member tasked to kill snakes like ConMabel.. In order to preserve newbie investors money.
Im so proud of my work.. calling out SD as fraud company since last year.. proven 100% accurate.
ConMabel on the other hand.. as a snake promoter.. failed 100% in propping up SD price..
2022-05-26 12:45 | Report Abuse
Huh? ConMabel delusional??
Posting here can make SD delisted??
Why not say.. post here can make SD share go up RM11.00??
Really madness
2022-05-26 08:43 | Report Abuse
Tak Halal ni SD..
U not holy? Haha
SvMsHpOs
English bob talking rub beeish again pagi2 lagi... just ignore his and hweng trash..
2022-05-25 20:35 | Report Abuse
Chop off heads of men pretending to be women?
LOL
2022-05-25 20:30 | Report Abuse
ConMabel...
If you cannot find my post predicting SD price 0.01 or 0.05..
You can search last year.. I predicted SD price will be 0.30 correctly on my bet with the infamous Conpipi.. same Con name as you.
Everyone here knows you are a Con except yourself
Stock: [SERBADK]: SERBA DINAMIK HOLDINGS BERHAD
2022-06-02 12:58 |
Post removed.Why?