Umno political stand confusing. President {zahid} withdrew support from PN coalition led { PM } but all umno minister staying mum. Divided factions playing right in the hands of PM. Divided I stand

The big 4 glove producers profit margin may be reduced post pandemic. What is worrying is the competition coming from the new glove factories from China. This smaller firms will slash prices to gain market share

Newly appointed ind directors are heavy weight. One more hurdle clear for SD

From bad to worse. CCP is selling G3global shares at 15 sen to his own Co. any upside on G3 global goes to his own pocket. Previously GP acquires his own property firm { rental, property agency} a related party transaction. Now going into money lending business venture { you can guess lending to whom} lost focus on GP

Karim needs to declared a higher final dividend { good rate } as a confidence booster

Expect him { Karim} to pay the final dividend no less than the 4th interim qtr pay out.

EA loss making and not a specialised innovator. Why vivo? Buying into this counter

Negligence or unprofessional work if proven by Shafie. KMPG better
pack up. This year alone MBSB and Petron already replaced KMPG as their external auditor { replaced by PwC } not forgetting GE drop KMPG as the ins auditor

Tough going for GP { CCP} for the digital bank. Rumor around 45 to 50 applicants viaing for the
limited 5 digital bank slot. Big names like RHB-Axiata, Bank Kerjasama, MIDF, HLB are the notable names. Hail riding group Grab, E wallet Touch & Go, Boost are all in too. Listed big corporations eg Sunway, Genting, YTL, Petronas are all eyeing a stalk. Not forgetting local system software providers ManagedPay, Myeg etc. And in addition, the 4 or 5 Singapore digital bank licence holders are in the race too. Other local commercial banks are playing close to their chest on the licence

Trilogy kpower, scib and serba

Today market sentiment. Most counters lower. Extension of phase 1 { MCO 3.0} worrying with no end date

Aimflex is a niche player in the sampling and control testing of automation for specific requirements. Not widespread applications

Majority bet on Bstead but but... BPlant is the other viable and practical option

RSS killing the counters. BURSA should not allowed short sellers

Afternoon announcement serba

Latest qtr result showed net plantation loss of 11+million plus vs previous qtr profit unbelievable.???with record high CPO prices

Holding firm at 18 sen despite yesterday bad sentiment

Sentiment real bad yesterday. Hopefully today things will be better. all positive & green

Blood bath yesterday

The updated & revised list published is the stock counters "permitted under short selling" under Bursa. Rubbrex is part of the numerous counters. Funds are making a killing every day targeting the gloves

Agreed with the views. Once BPlant privatise. Land sales can be conducted discreetly without going thru all the formalities. Cash easily raised thru valuable land tracts. Bplant land banks all fully paid and at prime localities

Believed funds targeting gloves counter. Everyday open lower

Funds short selling supermax shares. Everyday opening lower

Dato 0ng {Rubbrex} disposing and reducing his share holdings continously. This in addition to zero dividend savings for minorities despite big profit earnings. What is puzzling the company have high reserves { still asked for PP funds} doesn't add up

Sell down yesterday. 1 day up next 3 trading days down

Between BPlant and Bstead. Funds & Glic players portfolio Bstead price is higher { easier for LTAT using SCR} to privatise BPlant instead of Bstead.} Just my personal view that the price offer may be higher than what was offer to Bstead { 80 sen} previously.

KFC previous franchise holder { CG Loo} was ousted because of certain parties acting in concert. The franshise was later terminated and a new Bumiputra company was appointed to replace CG Loo company in the early eighties

Gloves manufacturer facing margin presurre from China producers

Serba taking legal action against external auditor {KMPG for their damming unsolicited published report}

Strong support at 1.00

Looking at today scenario {KLK taking over IJM plant} there is a likelihood LTAT make a move on BPlant and not Boustead holdings. Much straight forward {BPlant} compared to parent Boustead holdings

Of late online new reports not so negative coming in

Yes. EGM today {18Jun} and coming 23 June for shareholders approval on thier acquisition

Errata :KMPG now engaging in talks with MOF over the penalty in 1MDB

This is something new KMPG removal by GE {US} not forgetting KMPG faced a heavy penalty and not engage in talks with MOF { 1MDB} on their role

This is one of the best bet on for a long term growth investing. A right call at the right time. Just my personal view based on Dnet mulriple approach on their growth projections. Ping petroleum, marine cables mainteance, software programming and silterra mems chip

This is really bad. CCP using GP to invest in its own Mirai Alpha group. Related party transaction this is not going to be the first or the last one. Really dissapointed

Meeting just commenced

Dr hisham is the key guy for approval

Serba is lurking with high beta trader. Placed your bet at 68 sen potentially can run up to 88 { if EY review is in Serba favour} or drop back to 60 sen if no new developments. Remember from $ 1. 61 drop to 56 sen { KMPG vs EY}

Betw EY and KPMG. The bigger question EY is sending the experienced and senior partners to conduct the review { whereas KMPG girls are wet behind their ears} all newbies never expected the fallout and senior partners not alerted

Awang sold his share due to margin calls not market rumours circulating his parting of way with Serba. Please read the full article in the Edge

Yes. Read that news on MOF coming hard on KPMG involvement n IMDB. Deloitte and KMPG are all overseas accounting firm that don't give a damm to our local interest. DELOITTE paid MYR 336 million penalty to MOF. KMPG now in talks with MOF. There's always a reason and motif behind every action. Serba is a successful bumi company, built a presence in middle East hub, Petronas O&G contractor, Sarawak based, locally incorporated in the late 90's, listed in 2017. Confirmation of accounts and outstanding balances are all handled directly and send out directly by KMPG to Serba clients. Error in postal address???

Big risk Big reward not advisable for ordinary people

EGM on 18 June may have a surprise announcement from the Board. Just keep our fingers cross for the good news

Look at Microsoft how it was listed initially and how it grew exponentially. Of course DNex is not microsoft but just a side reference. Microsoft listed in 1986 at the price of $21 per share. Now. Microsoft is trading at $ 254.00 excluding dividends, rights or splits. Everything need to start from somewhere. Warren Buffet says investor needs a really long term view in investing.

UOB kay hian note to clients raised Serba price to 70 sen citing all negative news price in. From pre suspension price of $1. 61 down to 61 sen { within 7-8 trading days} which is massive loss in market capitalisation. Serba acquistion of the Petronas Telok Ramunia shipyard and the EPC deal of $1.8 billion {Block 7} Abu Dhabi UAE is seen positive

Nobody knows their game plan?

can be other way round sell in the moring cover in the afternoon

tenure of KMPG is renewed and extended. KMPG continues and complete their ongoing audit report. Board is agreeable and sign off the papers { only the papers are reveal and what truly transpired between KMPG, Ind directors and Management lead by Karim}