Like I say lok....Invest in the moon and mars....Pour RM1billion there, then can't convert trade receivable to cash. How to bankroll project? Macai feed on air can la.

Because COVID, bank in from moon can't reach earth. When KPMG see cannot collect cash, inside auditor report, wanna put what there le? Write off or leave it as trade receivable? And KPMG can only sign off transaction done on Earth. Not mars and moon. How u tell me?

https://www.theedgemarkets.com/article/analysts-downgrade-serba-dinamik-after-audit-matter-flagged

Most complete article...jeng jeng jeng...

beyond normal statutory audit...whats so beyond that KPMG cant do?

Where to put money sent or earn from space...

Do u think tan sri Tony kena margin call when AA tank. For a bankrupt company with negative 48sen NTA got a valuation of 3.2B.

This one drop to? what? 3B market cap by monday?

His focus now is not support the price. I think he suspend trading so that he can prepare all the cash facilities he needs...maybe set a bunch of buy queueu at 1.20 and 80sen on monday...he won't buy high, but just collect low... and by next friday, u can see how much he buys. And if it's all day low. You know retailers s*hai dy...

But if u see he sells...no need see...close eye dy. He doesn't even bother to salvage what's left. =D

He has control of this audit. His focus now is buy low have it resolved in short time.

No no no....I cannot win big. I hv to lose big so that u can hepi hepi bom pi pi...

I'm commit to lose 100%. Gonna sailang C17...If Karim really hanky panky....i'm gonna lose 100% by November. Please let me collect C17 below 1.5sen k? I lose 100% for you to see...

===============================================

bullrun1985 No worries, rj87 u will win big this time in serbadk
27/05/2021 9:12 PM

They trying to privatize Bauto is it?

Where got ppl use their own pocket money to buy so much one?

RJ87 go frontken, RJ87 lose money. RJ87 go DUFU, RJ87 lose money. RJ87 go VIS, RJ87 lose money. RJ87 go armada, RJ87 lose money. RJ87 go MFCB, RJ87 lose money. Yesterday RJ87 entered DNEX-WD(old love). RJ87 also lose money. Where else bullrun1985? =D

Oh...Bauto I really lose money. But we will see how. But if say RJ87 lose money makes u happy. Mar let u say lo. RJ87 trying to lose more money here at Serba. U happy? Get a life. Stop stalking me.

Lost Silterra to DNEX. Now trying to buy DNEX.

This silterra got pu55y made of gold or what?

can lock in profit and get stenta for free...

If I'm stenta, I don't want the 205mil cash. I want what's left in treasury shares. Then, I can share a chunk of profit from Stenta and MFCB combined without doing any work.

And MFCB get to keep the 205mil cash to pay dividend. This way, everybody win.

P.S. Don't forget MFCB has RM152.5mil investment on quoted shares.

Glad that I sold everything after WC RI. Some argued with me that PA at 6.5sen is good entry than RI. Well well....I hope they are OK now...

If tmr QR 250mil profit. Market will on the standstill....wanna panic sell or panic buy....

Hahahaha....this is gonna be epic...

I gonna buy whatever quoted shares MFCB has bought....

check page 24 Q4,2020 and compare to page 19 Q1,2021

Investment in quoted shares
31.3.2021 31.12.2020 31.12.2019
152.499mil 98.790 mil 49.385mil

Whatever they bought, up by 50% in 3 months. up 100% a year ago.

I was tracking eps up 15sen. NTA up 29sen. Something amiss and discovered this.
What they invested in DNEX is it? =D

As far as I know, u r quite wrong today la.


======================================================
auditorandconsultant Good closing price as at 5 PM, 21 May 2021

RM0.595 a further decrease of RM0.010

There will be further decrease next week onwards.

The game has just begun.

Good luck all.
21/05/2021 5:37 PM

Lai, see what you have. Then we know if you are talking big or small.

If this QR surprises you. Then, we know how small you are. =D

======================================================================
auditorandconsultant @Yippy68

I could not tell you how low because it will spoil my plan and I need to take care of my group of comrades....

I would only say

The price of RM0.595 is still very expensive....Even RM0.585 also I will not have any interest at all...

It might drop all the way further down.....I cannot tell you the exact price as mentioned above....

I would say you ppl to observe for the next few days or next few weeks....

I can share to you my analysis which I made on today only somewhere in June 2021 to prove that I am not talking big .....
23/05/2021 3:34 AM

Sigh, I was hoping no suspension...just let the panic set in....then we hv good 2 days of limit down.

Then we can decide if wanna join at 80sen. If they don't go back up to RM2.4. PB analyst really jiak sai one. But 80sen sen to 2.4 is just too attractive to ignore liao.

Nvm...c tmr how...

risk reward on the warrant becomes very attractive. No doubt it's gonna tank to nothing tmr.
Can get something for nothing, it's not a bad deal.

Yeah, go check my other post and go get jealous. I don't know why they bounced. But they bounced.

Every selldown is a buy in opportunity...

If I had such a terrible loss, do you think I can afford to be here? Anyway, research on armada is complete. Not interested to repeat myself anymore.

Here is interesting. Uncharted water. New research work. Who knows can make me windfall like armada. That's why i'm he are. Monyet, why r u here?
_______________________________________________________________
bullrun1985 RJ87, U come again here, do u want to repeat ur s*hai big lost history in Armada?

Buying stenta for 205mil cash...

Good question is...u check Q4,20 cash no more. Now suddenly can offer stenta 205mil cash consideration. No RI, no nothing. Mana datang ini RM200mil?

WOWWWWWWWWWW

I tot slow slow up....now no chance to sell my CS liao
hhahahahahahaha

once in the life time opportunity.

Eye serba WA and C17...will collect below 1sen. WHen air is cleared, chance to make 600%

If Karim doesn't think he can worm his way out...he will be holding 1% each and resign as CEO by now...

Now got 4 institution. 3 SELL. 1 maintain BUY. In the end, u guy will know who is the s*hai.
Don't be gold fish and forgot.

Aiya....so fast come clear the air....

Let it ding dong ding dong...slide all the way to 50c...then can collect cheap ticket....

U support come leak actual story, then the price won’t slide. How to get cheap ticket?

Rainbow0721, I don't know how to see this. When I see financial statement, I don't take the number for what it is. I find out what the writer is trying to tell me.

Middle East account is a black hole. No visibility at all. If it's doing so well, why is it not included in the QR? Let just say, Karim siphon 500mil and use 150mil to buy Serba. Possible. But he is going to jail.

If he isn't doing that, I think the air will cleared within a week or two.

BTW, can buy Armada. For what it's worth, at least 60sen. My opinion on armada was accurate. Just 2 years late.

But if current CFO resigns. That big deal. First, current CFO is senior KPMG associate.
Even he cook the book, he also cook to KPMG standard. Cook book that kantoi, CFO die first.
If current CFO chill only, then u guys are just monkeys hoping off trees that you thought it's uprooting.

Two things I watching, any heavy dumping/buying from EPF or big kaki's.
Counter with bleak prospect. You won't see directors or EPF holding.

The statement from KPMG is "Some part, i'm not qualify to sign off. Get someone else". Serba say O.K! Then settle.

Those that came up with cooking the book theory will look like a fool. More elaborate you tell that story, the bigger fool you look like. And those sold at RM1.20 will be bigger fool when they see the price bounce to RM2.4. =D

Very good chance is because some areas of financial statement is beyond KPMG scope or qualification. Hence, it has to be signed off independently. That's my best guess.

Genting reported 300mil loss. Do you think will limit down? =D

I wanna go queue at RM1.20 and RM0.80. Dunno market wanna donate to me or not.

With RM19B order book core operating profits of 400mil a year. Just matter of time it will go back up. Those wanna sell can sell first. Sell to me at RM1.2 and 80sen.

I help u keep for 2 years. I sell back to you later at 5% interest. Deal? =D

That why i say makes no sense...But if he is going to make this self-inflicted wound, wouldn’t it better to save this 100mil to buy from market at limit down on thursday? Maybe he has another 200mil to buy. U know the 100mil is just incase this plan didn’t manage to bring the price down.

This is up to ppl to make their own judgement...But if market throw down irrationally, I will just buy. Very likely, air will be cleared. Big brother will step in and make sure it’s cleared.

Anyway uncle, u stand corrected. The EPS didn’t exactly went down. It’s diluted from 5:2 bonus issue on late december. Earnings increase but EPS diluted hence appeared down.

Purpose of cooking a book and fake accounting is to exit...If he is still holding majority shares makes no sense...

it becomes trying to buy low by creating panic. Once the air is cleared, he would hv doubled his holding and investment.

The counter that you should stay away are those executive director has no skin inside. But talk alot.

No luuu...u MIA and pretend don't remember...

if market is efficient, there will be no Warren Buffet or Michael Burry. Simple supply and demand, when market think it's good, demand is greater then supply. Price goes up irrationally. Michael Burry short sell to market that say "resistance broke going new high". When the price collapse, market lost a big chunk. Burry made a big chunk from market.

When market think it's bad, price drop irrationally. Market says "support broken" sell. Warren Buffet says, "buy when everyone if fearful". When QR out sui sui, Warren Buffet made a chunk buying low when market is fearful and selling back to market when QR out is good.

So, u tell me. What market knows? Market are filled with d*ck, tom and harry that's like capitalist.

----------------------------------------------------------------
capitalist keep going if you think it will be worth....market will show you...I hope you will not cry one day
18/05/2021 12:14 PM

U r not investor...u r just impatient gambler...

5% interest on 300mil debt is 15mil finance cost. No investor prefer to make 15 mil less just because he can't wait.

QR month...sales pretty strong from Jan to Mac

Maybe got 10% upside before QR

Focus price crashed. Next quarter will report RM1billion losses. Will be another record loses in bursa filing.

Coldeye holds alot of armada too...This leads me to believe...instead of coldeye's, this is soccerking82 top 30 list...

EPF and BOD sapu non stop...

IB shouldn’t be blocking until mid May...don’t sell too soon... happy trading...

bcos it's friday, opening is just 5sen. If Monday, will be 1.75.

Sapu manufacture CKD, sales and after sales service....Hoseh liao lo this time...

Pig la this BAuto...always make good announcement on Thursday and Friday. Cannot choose monday one is it?

big big news is big ass losses as expected.

problem is...RSS can throw few million shares at a time....

u got the pocket to eat few million shares? U see those market manipulator...they don't play against banks...They know they can't win. Rules made it in such a way.

They steer away from counters with Institution involved. In any game, we need to know the rules of the game and the players.

Institution play by different rules, manipulators play by different rules, and we retailer play by the most unfavorable rules.

can la...we all queue gao gao lat at 1.44, 1.45...eat everything they throw...

then when they need to close their RSS position...we sell back to them at RM1.5 above