TG cannot close plant...at this stage, when supply isn’t a problem anymore. TG supply disruptions will only mean customer buy else where only...

Not good for TG.

If ur logic say Plant close, ASP goes up, TG limit up. If that’s ur logic, then economy open , ASP drop and TG limit down. So, next year plant will close or economy will be open?

Ofcos something is wrong la…

Or u can add another one. Its nothing wrong, but the new associate dunno how to audit complicated books.

———————————

Kimgold I heard from insider is that based on KPMG findings, its either money laundering or the money is missing. Now it depends whether they can delay or extend the deadline to cover up the findings.

Hypocrite! Arent u the expert in doing rubbish like that?

Suddenly insaf after allah tarik ur rezeki? Hope allah tarik more…

———————-


rr88 Stock market is one big giant casino. Everyday people place bets. From 400$ to 4,000$ to 40,000$ to 400,000$ to $4,000,000 bets. The 100,000 lots dumping a couple of times today at 0.365/0.37 when market saw weakness mid afternoon were the release of a couple of 4,000,000$ bets. Up 1 - 3 cents they make money on the bet. Down 1 - 3 cents they lost money. If u r a good muslim u better think twice what u r doing.

Investment = If u invest in yr sisters business you provide her money to see her successful in a couple of years or more. You dont give her money in the morning and take it back in the evening. Or give today n take it back 3 days or a week or a month later. Ada paham ka??

Don't la bury people's dream to be millionaire....

rr88 punya dream. 10000lots. RM1. He millionaire liao.

But dunno go cut loss at 32.5...sighhhhh
_______________________
BURSA buries the ball, Game Over

JP Morgan good. They manage to see 6 months ahead and be right.

auntie in the pasar malam 6 months ago say impossible.

__________________________________________
Amazonboy After 1 year jpm prediction nearly come good...you say good...auntie in the pasar malam oso can give this kind of prediction...Lol
02/07/2021 2:13 PM

Lu pergi tengok tukang tilik Public Invest on Serba Dinamik. Hold with RM1.39 twice. 2 weeks ago.

After selling(i think), now they tilik 44sen.

Now most amazing one is still JP, they increase their stakes in Dec, but tilik RM3.50.
Really puzzle me. I think Team buy and team punt didn't coordinate properly. Now, dunno how to exit. =D

I'm quite impressed with JP Morgan analyst now.

Last year Dec, RM3.5 sounds impossible. Looking at it now, if Japan donate another 2Mil vaccine. US donate 3.5Mil vaccine. TG terus RM3.50.

Glove double whammy are 1) Supply increase. 2) Demand drop.

hahahaha...still short 80B but why TG revenue drop? hmmm? Try answer this la. Should be another record high mar. Now, first whampy appear liao. Supply elsewhere confirm increase. Cos the demands wasn't met by TG's sale and hence revenue drop.

Next when ppl vaccinated. Demand also drop. U think this short of 80B stay forever is it?

Mind to answer who is creating supply to offset TG's 1B revenue drop? Someone with the latest brand new more efficient machine.

Just because u r invested, u refuse to acknowledge the threat.
Other side of opportunity is threat. Refusing to see them won't make them go away.

If u see them, u would hv taken profit at RM8-9bucks and maybe buy back now. But of cos, u enter at RM9. U die also say it has to go up la. Fundamental good la. Else, how to recover ur RM5 loss?

Dividend 50sen a year also 10 years to just BREAKEVEN.

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UlarSawa Paper tulis still short of 80bil pcs this year lah. Correct?

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UlarSawa Use your brain lah. TG factories build over the long period of time right. Old factories with older machines right. Phase out the old machines with new machines in operation lah. Use the more advance and efficient one lah. You never work in any production line b4 kah. Talk like very naive like orang living in the kampong ke. Correct?

I bet in next 3 qtrs time, revenue is gonna drop below 2B.

No worries, u can keep extending this 3qtrs until 2121 and ur grandson continue ur legacy of what?
Not failing ur bet at TG?
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UlarSawa Told you already 9 mths later then evaluate my performance lah. still have 3 Qtrs dividend belum dapat lagi lah. By the time who know what is TG price. That time then can tell whether I lose or earn mah. Why you so fast making verdict lah. So gancheong to claim victory ke. So eager to pijak Ular ke. i cutloss already ke. Belum mah. I lose alraedy ke. Belum mah. Then why keep saying I failed in my bet at TG leh. Correct?

I admit I miss the glove boat last year...So, I told my friends that makes 100-200% glove better ciaoz by December. My reason was when come 2021, people will start their own production or source elsewhere. The ASP won't hold forever. Most importantly don't average up. Say wanna enter short term punt can, but remember to take profit and keep ur exposure low.

Cos, profit from 10 lots at RM2 can't cover loss of 100 lots at RM6 or 1000 or RM8. Keep ur 10lots at RM2 forever ok. But not ur RM6 or RM8 entry. Those are suppose to be hit and run.

But that's the thing. When enter RM8 for hit and run technical play, when hit say momentum still strong can go up. When drop below entry say fundamental intact and prospect still good.

Who can relate to this pattern please put up ur hand. If this is how u play, u r bound to lose money.

The key point is...THIN margin yeah...

See who can survive thin margin lo. What do u think?

TSLWC better stop paying dividend. He must be regretting like hell after paying dividend nonstop, market still tank tank the price.

Else, maybe he should buy more, pay more dividend so that he can buy more with the dividend and eventually privatize TG. Market really don't give a #shit how much dividend u pay.
___________________________

UlarSawa 80% of the new comers closed shop in the past. It will happen again. Justvlike bubble tea shops. Only fitter survived. TG will survived but not the smaller new competitors. Correct?

High margin business with low entry barrier...takes no time for other competition to participate...
Prospect no good...ASP dropping faster than expected...

Not easy to command high PE without entry barrier and revenue visibility.

Fact that demands for gloves maintains but revenue drop indicate how many competitors has participate. Can't even use 2019 result as benchmark. At least, 2019 don't have that many competitor.

So, how soon revenue gonna drop back to RM500mil a quarter?

sure got coverage...It's SC issue UMA to the other 2...ahahhaaha

c'mon la guys....down from 90sen to 30sen...u naysayer pok pek pok pek non stop....

give la supporter chance to celebrate...your turn to shut up...

We c tmr how many ikan bilis kena trap.

rr88 if u didn't CL and stay away for 3 months.

Can marry another wife already with another 100K in pocket.

RJ87 I can feel rr88's pain.

Cut loss 15K, could hv made 100K...sh*t....
01/07/2021 3:47 PM

I can feel rr88's pain.

Cut loss 15K, could hv made 50K...sigh....

Simple questions expecting simple answers...

What is the settlement value? And if selling 6sen is a good call?
Expecting simple answer, no beating around the bush if you capable of any decent discussion.

Now, u know what I'm talking about and why the fella sold 5sen.
If u insist on upside is better why didn't you hold until expiry?

You ARE betting what price TENAGA will end up in June. Else, u really don't what you are doing here. "I said equal chance for the mother share to go both direction"...Hahahahahha, this is not betting. Then, do enlighten what is this? Joker betul.

when it was RM7. JP Morgan TP 3.5 seems very impossible...

Looking at the price now, sighhhh....nothing is impossible in bursa de casino...

fuyoh…if rr88 didn’t cut loss. No need lose 15K….

my point is…what rr88 know la…

tell me who in i3 can't do what rr88?

Day day buy day low, day day sell day high. If people watching only he admits he f#cked up.
No ppl watching, he suddenly become millionaire. Sigh.

Anyway, it's fun blowing water. =D
Don't angry ya? As u blow water, bubble appears. I can't help to pop it only.

Scared like Lonbis. Choco roll don't leave one box to u retail investor. All cannibalized and pay creditors first.

What makes me so bearish on Serba is series of Karim's bad decisions.
There is nothing left if he pursue this path.

He brought upon himself the loss of RM1.5B personal wealth and together with are Funds and retail investors.

If there is another PC, my only question to him will be, Serba Dinamik own 49% of the company awarding the RM7.7B to Serba Dinamik. You don't find nothing wrong with this? How many more SD's contract is done is this manner? How many billions of the remaining orderbook is like this?

Then I see what's left to salvage. My concern is, after settling with creditors, there will be nothing left.

look at the volume...those just enter today or yesterday pray it's up on T+2...else, they hv to cut loss or pick up.

After picking up, they hv to continue praying. Now, where these wishful thinking going to leads u to with no evidence of things will turn out better? WHat are the odds EY gonna come out with different conclusion as reported by KPMG?

Let's say EY agrees with KPMG, there will be CBT, someone go to jail for it, huge impairment.
After all this only u consider entering. Else, don't bother. There is nothing great to look forward to in short term.

ehhhhhhh? WHYYYYYYYYYYY

I'm waiting u to report 240K profit le. So far cabut?
What happen 74sen and all ur funny funny calculation?

all into the bin, the drain and the wind. 15K loss. Yesterday if u sell at 39sen, that's 50K profit.
Now from 50K profit to 15K loss...master of technical my #ass. =P
___________________________________

rr88 In case u missed it, i sold oredy arr this morning at 0.325 for 0.015 loss.

Dont dream of 3 wives for too long arr, you might lose your current 1 wife.
30/06/2021 2:21 PM

Siapa lg? Short seller la. Jual 39sen beli balek 32sen. Apa tak bagus?
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Otto360 Question is who absorbs the selling ??
29/06/2021 4:58 PM

This happens all the time. Normally, very well patched with auditors help. Especially, auditors like KPMG (tell me which big scale f*ck up don't involve the Big 4). They know how to patch fraud very well. As long it's patched, u can't call it a fraud can u? As long as cashflow remains solvent, ppl won't come digging.

My benefit of doubt was, why is it done so poorly that makes me give benefit of doubt maybe it's not.

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i3lurker I previously said possible "Circle Fraud"

Now want buy, can buy. EPF pang kang liao.

No 50000 per queue. When u see these queue, those put fake support want cancel queue also tak sempat.

After hearing that statement, it burned all benefit of doubt that I give SD.

U see, after Karim owns SCIB and KPOWER, all 3 companies hv double digit growth.
Now, Karim says SD owns the company paying SD is "NOTHING WRONG".

It raises all eyebrows, how many of ur customer like this one? How many SD, Kpower, SCIB's customer like this one?
______________________________________________________
i3lurker this Block 7 ownership case will make Serba extremely credibility challenged.

"Together with the group’s high net gearing of 77% currently, the likelihood of securing full financial support for the huge US$1.7bil (RM7.4bil) contract awarded in April 2020 to engineer, procure and construct an IT-focused innovation hub in Abu Dhabi, United Arab Emirates (UAE) now appears uncertain after recent revelations that SERBA HAS AN EFFECTIVE 49% STAKE IN THE PROJECT OWNDER, Block 7 Investments."

This...this destroyed Serba Dinamik. Last time only rumours. Until the dumb CEO confirms it.
CEO and whoever give this dumb idea should be brought to the back of the barn and shot. Still dare to say nothing wrong.

"It's not fraud, it's just left pocket masuk right pocket. Nothing wrong. Time to do auditing satu profit boleh report 2 kali. That's very good for the investor." ~ gaban level Tajuddin saje boleh beri jawapan macam ni.

Understand this. SD in OMS/OnG is a solid business. Wanna say whole 18B is fake is unfair.
Likely some are fake and needed to be written off. Remove those between 2019-2020, should hv quite alot left one.

This can only happen if the person responsible putting it there gets fired. New helm of management go back to basic. Don't try to be Elon Musk if you are not smart enough. Then got chance.

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newbie128 Rj87 could be privatised you get a pile of shit like debt instead of money? Who want to hold a pile of shit right ? Better give it to public hold hehehehe
29/06/2021 2:20 PM

No arrr...They are liable to be prosecuted at the point the crime was committed. Resigning doesn't mean the problem pass to new INED. As long as new INED don't participate in the cover up, they will be safe.

Right thing for INED to do is...WRITE OFF THE DAMM FAKE BOOK la. Especially from Block 7 LLC crap. Keep the squeky clean one on the book. Then, people will move on. U go defend the Block 7, u might sink the whole ship.
__________________________________________________
newbie128 Bobvic96 thats why directors run run hahaha. One look at the accounting book even director fees not worth it if need go jail hiak hiak.
29/06/2021 2:16 PM

Get a scape goat for 1-2mil. Privatise with 1B and get to keep 12B orderbook, assuming 6B are fake.Busuk2 also got 1-2B profit in the horizon.

Just, I pity rr88...RM340K -----> 100K?
-------------------------------------------------
However, if fraud has been perpetrated within Serba as a listed company, those responsible have committed a criminal offence and are liable whether the company goes private or not. They may even be in a worse position if privatised as shareholders may have more grounds to sue.

For me, this is the biggest redflag. Given her profile, if really SD is innocent, she wouldn't hv run so far and so fast. KPMG which series of history signing crooks account also don't wanna sign SD's book.

And also, the skema shop lot auditor no ball type dare not break the law one don't want sign I can understand. But this KPMG always sign crooks book one don't wan't sign. You guys really don't it troubling enough?

PUAN MASLEENA BINTI ZAID

Head of Section at Companies Commission of Malaysia (July 2008-December 2009);
Prosecuting Officer at Securities Commission of Malaysia (February 2001-June 2008).

tak pe...yg KPMG boleh terima tu andaikan "ada" la. kami tunggu hasil Independent Review. Tengok RM4B yg dipertikaikan, apa yg ade, apa yg tak de. Then, baru buat valuation.

"Serba Dinamik was doing well with an RM18 billion order book."

KPMG: Mana ini RM18B?
Ilyas: "the companies were not answering because it was not regulatory for them to reply,”

"RM6 billion turnover and RM1 billion profit."

KPMG: Mana ini RM1B profit in trade receivables? Siapa hutang SD? Bila mau bayar?
Ilyas: "the companies were not answering because it was not regulatory for them to reply,”

Shareholder: "Ada u bohong pasal speaking to Bursa and SC?".
Ilyas: "I'm not answering because it was not regulatory for me to reply,”

Ini style u handle crises, semua tak mau jawab. U expect public trust? Really?

Only way back to normal is EY jumpa that 18B and 1B profit somewhere in arab desert. Else, all EY gonna say....mmg takde la semua ni...

In ur experience, how soon can EY clear SD on the independent review?

Cos, whatever that's happening...insolvency is gonna be a real threat now.

____________________________________
Enilec Mak A reply to RJ87.

EY is not going to be the auditor. Their role is just Independent Reviewer of the poins KPMG brought up. As of todate, SD has no auditor.

Don't forget the true value can be ZERO.

U hv to understand the threat the SD is facing. INSOLVENCY.

When SD get downgraded, not easy to get loan. Where do SD look for money to finance operating cash when ur coffer is almost empty. PP and RI at this price and sentiment, do u think anyone will buy it?

U want PP 35sen, buy off market also can get 35sen. PP 25sen, will tank the price straight to 25sen. My question to u is where SD gonna look for money to finance the operation for next 3-6months before EY can clear them off? Where?

U see Hin Leong Group. Saudi and Russia fall out in Mac, oil price tank to 0. By april, 2020. HSBC, JP and few other banks up his #ass. By april,2020, Hin Leong file for bankruptcy protection. But if O.K Lim has the cash to meet his margin calls...he would made ALOT of money. But that's the thing, TIME is not on his side.

In this case, TIME IS NOT on SD's side. If KPMG still their auditor. Got chance.
Now, fire KPMG, and EY to restart. No guarantee EY won't come to same conclusion as KPMG. Karim had just buried SD without him knowing i think.

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Steady Punpipi If most of us buy and hold ....sooner or later the price will reflects SD true valuation
29/06/2021 11:52 AM

U listen to interview of EPF CEO. That guy not bad one...

Their SAA investment strategy quite solid one. Large bulk of their investment not in Malaysia.
Alot of local companies "kaw beh kaw bu" that EPF don't support them. EPF's response is, if u don't meet my risk profile, I can't invest in you.

If u want to track their performance. U hv to track all their entries and whole portfolio.
Each tranches of investment they make from beginning of times. In all, they make decent return.

Imagine they own QL 10 years ago, KLK 15 years ago or Public Bank, Tenaga or Petronas 15-20 years ago? U guys only make reference to things u remember. At best mar 3 months nia.

I bet most gambler here don't even know Bursa works until last year May. Surge of naïve achovies.
Remisier have register 15-30 accounts per day if compared to 15-30 account per month last May.

We all know KPMG always sign off company with books full of #shit all the time.
Despite being sued multiple times, they still manage to keep themselves as one of the BIG 4.

What makes SD look so bad is KPMG who is full of #shit also DON'T wanna sign SD's book...
Does that mean SD's book exceed KPMG #shit threshold that they can't sign?

rr88, from 50K profit make down to 5K profit....*aiyoyo

U better stick to ur first in first out la...normally, u make claims that enter 32.5sen, exit 39sen. that's a whopping 65K profit in a morning.

rr88, 50K profit....*wink wink

congrats rr88....make back 35K dy

Sifu day day buy day low, day dqy sell day high also stuck dy.

When volatility subside, its gonna be everyday drop 1-2sen until 20sen n join sapura.

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rr88 Normal lar. When the downward momentum was big. It takes some time for this uturn to complete. Do nothing. Hold.
29/06/2021 9:21 AM

fact that Meow meow is still here, she isn't all that bad....

not easy to lose this much money and she is still here...like pak tua and meow meow....
I don't agree with all that they do, but they are still here...Like me...

That alone is something worth respect for me. If u hv the guts to endure what we did, then I give u the respect like I do for them.

Why everyone come attack meow meow....she buy is her problem la...

U don't want buy, then stay far far away la....Why come kacau her?

She has alot to lose u blow ar? She sell #pussy worth more than u sell #dick u blow ar?

U guys really cross multiple counter just to attack her....c'mon...be gentlemen abit....

Why are you awake? Not that u can get a cheap deal 9am tmr. =D
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Wirajati Aww noty boy :)
26/06/2021 3:55 AM

Admit mistakes, incur some impairment. Fire the 3 stooges. Done.

It's just that easy. All jobs will be saved.
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Otto360 No need to quarrel in this chat group & respect others opinion. BUY if u have the confidence that the price can go up. If not than just let others take the risks. I still remember when dayang share fell below 60 cents ppl said it would drop to 30 cents but that never happened. In fact dayang share price has remained stable. For SD I hope it can recover as is very pity & sorry if this situation getting worsen as it would also affect the livelihood of the SD Workers & our economy indirectly. Let's pray for the best
26/06/2021 2:12 AM