CEO commit fraud, which bank will lend them money? Will you lend money to a serial liar?

Better dont release ar and let it suspend, once open for trading, it will limit down.

A cook counter is worth zero. Honesty is very important in stock market. Airasia, sapura, berjaya and etc are honest with their losses and dont report fake revenue and projects. Thus banks are still willing to fund them.

@SaveSerbaDinamik

Sit down and settle? You think this is civil case? This is a criminal case. Do you know the difference? A crime was committed.

Using your logic, all snatch theft should sit down with victim, police, ag, and etc to settle the case also.

The up and down is because for the past 2 years some projects were dropped and bids are retendered, thus the rollercoaster. Now that everything is stable and they won a few big projects, no more down.

What the promoter wish for is to cover up the crime, hoping things can go back to what it was and leave the bag of shit to others… problem is, insider has been covering it up for years and the promoters are on the receiving end holding that bag of shit they wished soneone else was holding

All those that told people to buy more average down… please find them, they drag you guys to hell.

Serba will never open for trade again. Serba will be delisted. Serba will be liquidated.

Even the shit in the toilet will be turned into ferterlizer for sale by the bondholder. Shareholder gets nothing.

@anemon

EPF and PNB confirm sold all already. Still believe in the lies in telegram group?

@chesslim

Limit up? Haha… how? If serba like this can limit up, then topglove can limit up for 100 days

What do you mean where is sc integrity? They already charge karim, you expect them to detect fraud the moment it starts? That is like blaming the police for future crimes.

Serba Value is RM0
100% loss for those averaging down
I warned people not to average down but was banned from Serba Telegram group.

Those that told people to average down have black heart

Stop saying epf going to lose big. First of all, serba is a tiny company, second, epf already sold all since july, no need to argue if epf still holding, the minute got something not right, epf will sell all and talk later.

Epf will be fine, you wont. Difference

Retail investor lose everything. No need to think or argue about it. Those that told people to average down and BAU have black heart.

I know in telegram group got people telling others to average down… evil heart people

Maybe pearlwhite is karim. Who knows, maybe karim is the creator of Serba Telegram group…

Many think bursa and sc took action because serba sue? Walao, sue or not, karim committed fraud, action will be taken regardless.

Many retail investor refuses to accept the fact that EPF and KWAP and PNB already sold everything. Demanding evidence. The evidence is past action by these fund, whenever there is something not right, they sell first and think later. Look at VS, when Andy Hall said might have worker problem, EPF immediately sold everything.

EPF has zero holdings, this is for sure, no need to argue about it.

And those that think EPF will lose alot because of this doesnt know Serba is a tiny tiny company in Bursa.

PearlWhite next article is how SC is wrong.

SC already charge them for submitting false info, Nexis gonna sign their AR? Never… so, no need to wait, no more AR, now waiting for delisting announcement

Hanna20, Why last day? Coming week 27 to 31 are working days, still got 5 more days for reality to sink in nexis wont sign the AR

Serba acts like as if nothing happens… serial liar…

@Gabriel Khoo

You sure, i saw a bangla in ttdi cu working behind. It was previously mynews converted to cu

@newbie8080

Interest rate went down dramatically during 2020, if it goes back to the previous rate, what changed?

Problem is serba has many fake projects, yinson projects are from the big boys and real.

Can you tell me which of yinson’s projects are dubious?

@stockraider

Serba is fraud, is yinson doing the same thing? From what I understand, serba received many projects from weird middle eastern companies, yinson won projects from big oil companies.

Serba borrow to cover their cash flow, yinson borrow to run projects.

Just because your mother decided to hoe herself doesnt mean all girls are hoes.

Losers thinks if a company pays the auditor, then the auditor have a duty to audit it according to the company wishes. Then like this why sit at home? Everybody go set up a company and then tell their auditor their company got millions of projects and trillions of profit and quad trillion cash in then bank.

Think logically lah. Lose money liao dont go lose your brain.

Then somemore say why auditor go report to independent directors. Hello, they are independent directors, not ceo. Independent directors are suppose to be some sort of check and balance in a board.

Think about it, if you found out your boss stealing electric from TNB, do you go tell your boss about it or you report to the police and tnb? Kpmg report to sc and bursa is the right thing to do.

Because Serba refuses to release the SIR. The law says companies with material information must immediately disclose it to the public. This is to protect investors from investing in any company.

The suspension is not to protect existing investor, it is to prevent new investor from investing into a company without the necessary information.

Therefore Bursa has a duty to perform. If not, they will get sued for not performing their duty.

Dont blame bursa for the suspension, it was Karim that sold warrants after they got briefed by EY on the SIR and refuses to release it. Bursa is following the law. Why serba refuses to release the SIR?

Bob, you dont understand is it? Sapura and AA still can get funding eventhough they lose money is because they are honest and did not cook their books.

Serba is in deep shit because serba cooked the book. No banker and investor will loan money or buy their bonds, this means they will go bankrupt soon and delist.

Honesty is very important.

Serba lied and cheated bond holder and banks.

PN17 coming. Blame those that encouraged you to average down and blame karim for lying.

Sapura also got the backing of the gov but still struggle. The only difference is sapura did not cook their books, airasia also, they accepted reality. But when a company cook their books, it means pn17 and delist… nobody will lend them money… nobody

Default on bond already still can say this is for long term? Walao… what logic?

Those that told people to average down are heartless, evil….

Fraud acccounting but some people cannoy accept because they lose money, thinking if they brainwash themselves the problem will go away.

Fake nimbers fake projects fake people fake account fake lies cheat scams default pn17 tangkapkarim

Why this happen? Because they are auditor and their responsibility is towards the shareholders, especially the minority shareholders.

Come 2nd Jan 2022 when Nexis says wont sign off the ar, many will come out with a new reason why Karim do no wrong.

Semua orang salah, except for karim and serba.

Who cooked the book? Who lied? Who announce fake projects? Who award a toilet cleaning company project?

GrtTrdr is pearlwhite. Go write your illogical article. If Serba no fraud, just tell karim to release the SIR. Why hide? Scared what?

How much you lost?

Those that kept on saying no fraud, BAU lah, trust karim lah, got conspiracy lah… all are evil and blackhearted people.

GrtTrdr, you think just because serba pay kpmg and kpmg must audit it according how serba wishes? Do you know what is the role of auditor?

Not enough facts to know? Release the EY SIR to the public. Even theedge went and read the EY SIR when bursa submitted it to the court. Did you read the news? EY conclusion is the same as KPMG, got fraud. Why u still sleeping?

All you money lost due ti Karim. Gone, karim lied.

Who? karim, kpmg and ey knows. Tell karim to release the SIR now. Why hide?

GrtTdrt, you lose money until cannot think. What 9 months and 1 month waiting for baby. EY already completed the SIR, why karim dont want to reveal the baby (SIR)?

Everybody knows Serba cooked the books. If nothing to hide, just reveal the SIR. Why hide and deny?

@GrtTrdt

Why is it KPMG’s fault? KPMG caught serba cook the books so they report to authorities, is it wrong to report? If a police saw a crime going on and catch the robber, is it wrong?

What you want is KPMG to keep quiet so that Karim can continue to cook the book. You dont care who will get hurt eventually, all you can is your own money.

KPMG saw fraud and they reported, KPMG did nothing wrong, it was Karim that lied to you guys, dont blame KPMG.

Even EY agrees, which is why Serba refuses to release the SIR

Nexis wont sign if no SIR… who wants to sign off an account with fraud as legit and then get sued? No sir no ar.

GrtTrdr is pearlwhite…. No fraud? Haha… karim cooked the books and kpmg caught karim doing it, even ey agrees there are fraud, that is why serba refuses to release the sir.

You lose so much averaging down now you become gila already. U think what u write here will change the fact that karim did not cook the books with fake projects fake numbers fake people fake accounts?

Karim lied and you lose money

Wake up

PN17 already lah…. Go find Karim

Going to zero soon

InvestorKing should change name to InvestorLoser

Walao, already pn17 liao still say sd got hope, hope in tanjung rambutan is it?

Sd bankrupt liao. Your paper loss is 100%

100% loss. This pearlwhite is delusional just like karim. Already unofficial PN17, what to hope for? Just move on, karim lied.

I thought Mabel is crazy but this pearlwhite is even crazier. Dillusional….

I think pearl white go average down and now lose everything. Company pn17 already