Steay Punpipi you are continuously exhorting people to buy Serba shares. When the share price originally dropped the EDs bought some shares. Now that the shares are at a bargain price, why are they not buying?

You should direct your efforts to buy to the Directors, that would give credence to your cause, otherwise it is just "hot air".

UnSteady Conpipi. ALREADY EMAILED TO SERBADINAMIK . CAN EMAIL ME AT ALANVMH1@GMAIL.COM FOR PROOF WHEN SDK MADE AN OFFICIAL INVESTIGATION .. GLADLY TO HELP BEFORE AND ALSO IN FUTURE!!

Resorting to threats again. The potential outcome of your threats works both ways.

Steady Punpipi Your threats don’t work on me. Sue me if you dare

You very sure 30c is a low for SD? To me, it will go lower.

On the other hand, your buy call since 70c will have made huge losses

Like I say.. conman ask you to buy.. conman never ask you DONT buy


PROVE IT I POSTED A BUY CALL AT 0.70 ...SEE WHO CON WHO !!!



As Survivor13 said, I3 will have records of all the posts

Steady Punpipi Fair anyone can free to commnet But personal and directive attacks cannot be left unanswered correct....its no different than CYBER CRIME accusing with words like CON ...do you have any proof ? Bobvic96, Huang72? I Got so much proof ...oledi from your past comments ...be warn!

Ahh, back to threats. Look at your own posts

Huangbk72 This is a marathon race to the truth:

There will be pit stops along the way, appointment of INED is a pit stop, new auditor is a pit stop and many others:. Don’t celebrate and don’t look down.



Indeed, appointing EY and appointing the INEDs were hurdles that had to be overcome for Serba not to get a PN17. Shouldn't have been an issue but Serba made a meal of it with two attempts at the INEDs. Do they actually know what they have let themselves in for, or have they only been advised of Serba's version of events - which, if they were correct, Serba wouldn't be where they are now?

However:

Has there been any acknowledgement of EY accepting? Allegedly they were supposed to start work yesterday.

Have KPMGs lawyers allowed their data to be used by EY?

Have Serba acknowledged Bursa and SC's requirement that EY's review cover all KPMG's issues, not just the minor points that Serba stated, i.e. include the RM4b that doesn't add up.

Just minor points that if unanswered could end up with a PN17

Steady Punpipi Dont buy THEN why watse your time here? Advising like WOLF in sheep clothing

The whole purpose of a chat room is to allow alternate views on the shares which will hopefully provide a balanced view to guide, especially new, people. It is not allow some "loudmouth" Fanboy (you) to try and dominate the board and lead novices to their financial doom for your personal gain.

Everybody is entitled to their opinion and, unfortunately, even you.

Steady Punpipi Today those sold below 0.50 keong gan liao ......all kena play out by the same gang ..you know i know ... thats y i keep my cool , actually i m monitoring ....hahaha

Actually, you may have done an excellent job of pushing the ikan bilis to sell everything and put their money in Serba. Today it looked as though they ran out of money.

However, when are the Directors going to risk their own money?

UnSteady Conpipi

https://lastkoh.blogspot.com/2021/07/stock-guru-lead-to-someones-suicide.html

As Survivor13 stated:

Survivor13, No worry, telecommunication company server stored everything, can trace where there about. IT generation now. not dinosaur time. Old stone time maybe they can escape, Now cannot already. So they think they still live at dinosaur time. ,. simply bullshit and con ppl without thinking of consequence. This time, let them face the IT power and be responsible.

"simply bullshit and con ppl without thinking of consequence".

Steady Punpipi WELCOME FIRE POWER ON BOARD SDK INED

and yours about KPMG

https://lastkoh.blogspot.com/2021/07/stock-guru-lead-to-someones-suicide.html

As Survivor13 stated:

Survivor13, No worry, telecommunication company server stored everything, can trace where there about. IT generation now. not dinosaur time. Old stone time maybe they can escape, Now cannot already. So they think they still live at dinosaur time. ,. simply bullshit and con ppl without thinking of consequence. This time, let them face the IT power and be responsible.

"simply bullshit and con ppl without thinking of consequence".

hijau belalang Any other announcement for today?

Well, it doesn't appear that the BoD are interested in increasing their fortunes with the amazing offer of RM1.6+ shares being on a fire sale at RM 0.48, a discount of RM 1.12+

Something for the Fanboys to ponder:

I expect you consider Serba shares are at a bargain price, even though they have already increased about RM 0.19 (@ RM0.495) since the lowest point (0.305) and you think they will undoubtedly increase to RM 1.6 and beyond?

If that is the case, why haven't the BoD gone all in and give the Fanboys a rallying call?

I can imagine Dato' DR. IR. TS. Mohd Abdul Karim bin Abdullah may not have the liquidated cash and maybe the banks won't give him a loan. However, what about Datuk HJ Abdul Kadier Sahib? With no (reported) forced-sales, this should be a wonderful opportunity to increase his shareholding and become the major shareholder in Serba at relatively little cost (although AMO on the best prices - that's a "definite maybe", time will tell on that).

I suspect the BoD know something we don't.

hijau belalang Any other announcement for today?

Been waiting for that one. Quite cheeky move to announce after closing period.

Anyway, welcome to the new era of SD

Another way to look at it is the BoD are now backed into a corner with fine, clean living, upstanding, pillars of the business world as INEDs and Bursa and SC insisting that EY review ALL of KPMGs red-flagged issues, where is the review going to lead?

Boardroom changes:

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3173525

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3173526


Committee changes:
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3173527

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3173528

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3173531

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3173532

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3173533

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3173534

Finally, the INEDs are announced. See Bursa announcements:

Something for the Fanboys to ponder:

I expect you consider Serba shares are at a bargain price, even though they have already increased about RM 0.19 (@ RM0.495) since the lowest point (0.305) and you think they will undoubtedly increase to RM 1.6 and beyond?

If that is the case, why haven't the BoD gone all in and give the Fanboys a rallying call?

I can imagine Dato' DR. IR. TS. Mohd Abdul Karim bin Abdullah may not have the liquidated cash and maybe the banks won't give him a loan. However, what about Datuk HJ Abdul Kadier Sahib? With no (reported) forced-sales, this should be a wonderful opportunity to increase his shareholding and become the major shareholder in Serba at relatively little cost (although AMO on the best prices - that's a "definite maybe", time will tell on that).

I suspect the BoD know something we don't.

Forced selling on the cards again?

Obviously a few nervous people who don't want to hold overnight

bobvic96 bojed Anytime now that "real sifu" will emerge from the cave and say "I told you so" but he is actually one day late :D

Agreed but at least RR88 thinks about his prediction unlike the Fanboys.

lovetzy aku bukan umat Islam, tapi aku hormat, aku respect, aku berharap syarikat melayu yang begitu baik ni tak dibuli orang putih!

I think you will find Serba was screwed by Malaysians

umat-umat Islam! sekaranglah masa untuk sokong syarikat Melayu

Aren't you the guy who goes into great details about your sexual activities with your girlfriend? What will Allah think of you?

7chewe Market observer: Serba Dinamik’s share price retraced; upside still intact

Another advertorial by Cheah Chor Sooi

Conjecture, no facts.

"With that development and after having cemented the appointment of its special independent reviewer in Ernst & Young Consulting Sdn Bhd (EY) last Friday (July 2), Serba Dinamik has reiterated its decision to appoint new independent directors to its board soonest to oversee its full corporate governance function".

Still no news on whether E&Y have accepted, whether KPMGs lawyers have agreed to make the data available.

“The board has finalised the two names – that of one man and a woman – who are both experienced individuals and subject matter experts in governance and integrity and risk management,” a source close to the top management told FocusM yesterday (July 6)".

So we can expect a Bursa announcement this week?

This is not quite as bad as UnSteady Conpipi's usual rubbish statements but on very similar lines with no supporting facts or evidence.

leno tapi ... tapi..
kalau tak ada audited akaun,
macam mana nak buat bisnes ?

Serba is allegedly still doing business now. However, without audited accounts, should they need a loan that will really require an outstanding level of trust by the bank(s) in the BoD.

leno sebelum tunjuk garang, sila tunjuk audited akaun dulu boleh tak ?

How is that going to work. No auditor in place before end July. KPMG are not going (/can't) sign off on the 2020AR. EY can't sign off as they are only reviewing the items Bursa specify. I guess it would take a new auditor up to three months to verify the 2020 accounts, so signed in November!

Thats a long period of "trust" for stakeholders, Bursa and SC.

Steady Punpipi SPOT ON....pls dont spread malicious or fake opinions without facts about SDK while its court proceeding is still in progress ....specially dedicated to #Bobvic96 hastagged

What about you and KPMG and others?

Steady Punpipi Billis now selling from other counters and swarming in SDK ...thast why UNITED BILLIS numbers is progressively larger day by day ....BUY and HOLD

Yesterday over 100m shares by 09:11, today 79m by 09:35. Your ikan bilis are staying way from Serba

More misinformation, as always, from UnSteady Conpipi

Steady Punpipi Only AMO or FOMO wanna believe KPMG is right ....they can prove it in court later

I truly hope it gets to court. However, Serba has too much to hide to allow that to happen - they are just using the threat to rally the Fanboys, continuing to pretend they have done nothing wrong.

7chewe Serba to rid 2 burdens off its chest soon: New external auditor and INEDs

More advertorial work by Cheah Chor Sooi. Like the Fanboys, paid by Serba to publish garbage

https://www.malaysiastock.biz/Blog/BlogArticle.aspx?tid=24609

Who is bullying? Who is being bullied? / Huang Dihan

Author: tradeview | Publish Date: 06 Jul 2021, 6:13 PM

Reprinted in the Nanyang Commercial Daily column Trey's view No.3



To be honest, with the withdrawal of the major shareholder of Shiba’s expulsion from KPMG and the intention to appoint Ernst & Young to conduct a third-party independent audit, I think this will come to an end for the time being. Unexpectedly, Shiba held a press conference last week to announce that they would sue KPMG and claim huge sums of money. Shiba faced the media not only failed to appease shareholders who suffered huge losses, but also demonstrated their power through threats and insults.

This kind of scene is indeed very different from Malaysia's usual professional corporate culture.

Generally speaking, when a company is facing a credibility crisis, investors will expect the company to appoint an authoritative and solemn independent director to the board of directors in order to win the public’s conviction. At the very least, this person must be quite persuasive to give investors confidence and assurance.

On June 22, before the press conference, YouTube links were widely circulated in the investment community. I noticed that Shiba’s share price rose from a low of 58 sen on the opening day to a high of 65 sen. This means that investors look forward to getting some positive information from the press conference. However, what the management subsequently did failed investors' expectations. In the days that followed, the stock price plummeted to 32 sen.

Shiba used to be a star company in the oil and gas field, rather than an ordinary penny stock. Its shareholders include the Employees Provident Fund Board, the Civil Service Pension Fund Board and the National Investment Corporation. This should be an extraordinary listed company run by professionals. However, with the changes in the plot, the actors showed various unexpected performances, which made things complicated. Is this caused by the auditor KPMG, who was appointed in 2013?

Respect the profession of auditors

Let me share my personal views on auditors. Whether you like them or hate them, auditors play an important role in the corporate world. As far as Corporate Governance is concerned, their presence is essential.

Children who grow up in traditional Chinese families are often told that accountants are one of the most secure professional jobs since they were young. Even during the Great Depression, it was impossible for companies to lay off accountants. This is because the company needs someone to keep the books in order all the time.

Sadly, among all professional occupations such as doctors, engineers, lawyers, and architects, accountants (especially auditors) earn the lowest relative to the length of their work.

It is not easy to face tedious work, strict professional standards and deadlines, and a large number of documents every day. Therefore, I respect this profession very much, especially those auditors who have the courage to report when they find accounting irregularities or fraudulent accounts.

If the auditor chooses to ignore the so-called making a fortune, life could have been simpler. However, it takes more courage and courage to adhere to a professional standpoint than turning a blind eye.

Even though the new chairman of Shiba has spoken harshly to KPMG, I would like to pay tribute to KPMG and the audit team. You should hold your head high, refrain from surrendering and compromising to high powers, and be proud of doing the right thing.

Martin Luther King once said that "the time to do the right thing is always right". In today's society, power, status, and money seem to override the values ​​of justice and integrity. Therefore, having noble professional ethics is very commendable.

As mentioned in my first article, World Hegemony has the right to rely on the legal principle of "Presumption of Innocence" (Presumption of Innocence). Today, KPMG also has corresponding rights. Everyone is innocent before being convicted and can also be protected by the law.

Although the new chairman of Shiba stated in the press conference that KPMG is an "official rogue", the matter has not yet been finalized. I firmly believe that in the end we will know who is the rogue.

Steady Punpipi as usual you spread so much bullsh1t about the INEDs. You said the new INEDs were identified on Monday and would be announced Wednesday. Now you are stating FRIYAY (sic).

Your head is so full of crap you only see the RM3.00 you get from Karim for a post.

Previously:

K: "Hi this is K, I want to offer you a position of INED"
INED candidate 0001: "Sorry, the risk not worth the reward", click

K: "Hi this is K, I want to offer you a position of INED"
INED candidate 0002: "Sorry, I don't want to damage my reputation", click

.......

.......

.......

.......

K: "Hi this is K, I want to offer you a position of INED"
INED candidates 0003 through 0351: click


and the story continues:

K: "Hi this is K, I want to offer you a position of INED"
INED candidates 0352 through 0759: click

Steady Punpipi Spread Joy and Happiness not otherwise ! Market forces will decided the fate of SDK ....nothing will Alter it’s direction for SDK

The IR will completely alter the course of Serba when it includes Bursa's requirements. The end will be in sight

mohda39kashalf yes .. 2 ined confirm

I heard another 3 INEDs resigned - just as credible

7chewe Serba to rid 2 burdens off its chest soon: New external auditor and INEDs

Cheah Chor Sooi3-4 minutes 7/6/2021

HAVING cemented the appointment of its special independent reviewer in Ernst & Young Consulting Sdn Bhd (EY) last Friday (July 2), Serba Dinamik Holdings Bhd now targets to appoint its new external auditor by end-July 2021.

Paid for by Karim

killshorties @Steady Punpipi.. well said bro.. we shall ride this Titanic together

The Titanic was doomed to fail by design, so a good choice of alternate name for Serba

Unsteady Conpipi ON 6TH JULY 2021 , AS I MENTIONED BEFORE ALL SDK BOD FORCE SELLING OF SHARES HAVE BEEN HALTED!!! PLEASE TAKE NOTE THIS ANNOUNCEMENT IS OFFICIAL AS OF TODAY . 6TH JULY 2021 1900 HRS . STEADY PUNPIPI

Until the share dives in price again.

bobvic96 dp_pupi https://focusmalaysia.my/share-buyback-by-two-serba-dinamik-founders-o...

Berita baik! TP 0.6+

If that was the case, why didn't they avoid the forced-sell - surely the lowest cost option for them?

I suspect Karim has no money and nobody will let him borrow any.

I forgot the primary reason Karim didn't pay for his forced-sell shares - Karim knows what he is trying to hide from E&Y and that, when disclosed, will bring Serba to its knees.

Steady Punpipi KUALA LUMPUR: Serba Dinamik Holdings Bhd told Bursa Malaysia today that it has submitted request of proposal for the provision of external audit to international audit firms on June 27.

you are obviously paid for each piece you publish

dp_pupi https://focusmalaysia.my/share-buyback-by-two-serba-dinamik-founders-o...

Berita baik! TP 0.6+

If that was the case, why didn't they avoid the forced-sell - surely the lowest cost option for them?

I suspect Karim has no money and nobody will let him borrow any.

Cheah Chor Sooi writes well but all conjecture, without any supporting facts, as were his other offerings

Typical Fanboy smoke and mirrors and probably paid for by Karim.


Cheah Chor Sooi
Founder & CEO (Chief Editorial Officer) at JAZZUP MEDIA CONSULTANCY

Providing services:
Public Relations, Content Strategy, Social Media Marketing, Editing, Translation and Web Development.

Please note, NOTHING ABOUT JOURNALISM (although allegedly a journalist for NST 1994 - 2004)

Steady Punpipi You need time to hire capable ppl not any Tom , Dick or Sally like before

Previously:

K: "Hi this is K, I want to offer you a position of INED"
INED candidate 0001: "Sorry, the risk not worth the reward", click

K: "Hi this is K, I want to offer you a position of INED"
INED candidate 0002: "Sorry, I don't want to damage my reputation", click

.......

.......

.......

.......

K: "Hi this is K, I want to offer you a position of INED"
INED candidates 0003 through 0351: click


and the story continues:

K: "Hi this is K, I want to offer you a position of INED"
INED candidates 0352 through 0759: click

Steady Punpipi You need time to hire capable ppl not any Tom , Dick or Sally like before ! Learnt from past mistakes and move forward smarter....still BAU tmr morning. I think uptrend continues since SDK has given a satisfactory reply to Bursa. SDK has been walking the talk on this audit issues so far so good on my personal opinion.

Unfortunately, given all the crap you have previously published, you personal opinion is worth very little.

Steady Punpipi Wow oil moving to 80!

Pity Serba is a Space company these days

Just a final comment, for today at least, Serba have been shorted the last two trading days, first time since 22nd June.

ggcomliao source? u cosec?

Boon Han more goods news coming in.. independent director with caliber will be appointed tomorrow. resolutions just got passed. tomorrow should be green again .

If so, that will be hurdle number 2 achieved but wait for the Bursa announcement.

However Serba hasn't won the war.

They haven't even won a battle.

To a normal company, enlisting INEDs should also be a minor hurdle just as was the awarding of the IR contract to EY.

However, the Fanboys treat it as if Serba is home and dry. It isn't

Have EY confirmed they have accepted the contract? Are KPMG's lawyers allowing them to provide information to EY? More minor hurdles

Foreign funds will not average down and certainly not when there is a whiff of fraud in the air.

Do not use the lies of UnSteady Conpipi and, I regret to say, Mabel, give you any sense of support or security in that matter.

The funds are much more likely to be on the phone to Bursa asking WTF is happening with Serba. Even if Bursa do not mention fraud but say, KPMG red-flagged the 2020 AR and Serba are suing them, it will be the end.

bilisutara Everybody in market acknowledged that Serba has been victimized by auditor with silly irregularity finding. That is a reason why the share price rebound since last week.. We need to give time to Serba via their independent auditor EY to provide second opinion..
05/07/2021 7:03 PM

Not correct, see below:

7chewe The SAGA continues...

https://www.theedgemarkets.com/article/drama-serba-dinamik-continues

https://www.theedgemarkets.com/article/role-independent-directors-focu...

https://www.theedgemarkets.com/article/bursa-determine-scope-special-a...
05/07/2021 6:04 PM

From the first link:
At the press conference, Muhammad Shafee said that Serba Dinamik “had a strong possibility of success in the event it (the dispute) goes to trial”.

Could Muhammad Shafee’s use of the phrase “in the event” be taken to mean that the legal wrangling may not end up in court? Will Serba Dinamik drop its suit now that KPMG has resigned, considering legal fees for such cases could go into the millions and the proceedings are likely to be long drawn out?

While Muhammad Shafee appears confident of the company’s chances in the event it goes to trial, others The Edge spoke to are not as certain.

A prominent member of the accounting fraternity who requested anonymity owing to the sensitivity of the matter says, “Everything [under the law] allows the auditor to report what the auditor believes, in his or her professional judgement, to be a breach of the law or a possible fraudulent transaction being conducted.

Don’t forget, Serba leaked SOME OF the red-flagged issues (they ignored the important ones) to the press and then started on a campaign to discredit KPMG, in a very childish manner starting with the 5th May slide show and then the PC where Chairman Pinocchio grew his nose a few more inches.

From the third link:
In response to a question from The Edge, Bursa says it has communicated to the board, especially the audit committee members, on the scope of work of the independent reviewer.

“The scope of work for the special independent review must specifically address, to the satisfaction of the exchange, the issues raised by the company’s external auditors. Bursa will continue to work with Serba Dinamik to ensure that the scope of work addresses the issues raised. We will continue to monitor the developments on this matter and undertake the necessary regulatory action, where warranted, to ensure the protection of shareholders’ interest,” the stock exchange regulator said last Friday.

“The scope of work is crucial for the validity of the review of the accounts and investigations into the red flags raised by KPMG. The company, being a conflicted party, cannot be left to determine the scope of work,” says an analyst.

“The authorities have to define the scope of work of the reviewer and ensure nothing is left out. Only then will the review carry some weight among investors.”


This is really telling as the scope of work that Serba stated for the IR only covered the 11 companies KPMG queried and other minor items, which I am sure Karim felt was enough to get him off the hook.

Bursa, and I assume the SC, requires the IR to address all KPMG’s flagged issues, the main ones of these Serba have tried to hide under the carpet. I doubt he is feeling so confident now and it is apparent his political ties either don’t support him or are not in a position to support him.

Serba won’t go anywhere until the BoD are replaced.

Anyway, well done those that have made money so far. Just be ensure you still have a family, house, car, etc.

4 billion in trading shows a good sign right?

A good sign that it is a good trading share.

As an investment, time will tell

Gtrade iNTERESTING . Vanguard only put in about $6m USD on each of its 7544 counters across the global stock market . Very discipline risk management.. $45.264 BILLION in 7544 counters

Now its $6m USD (24m rgt) in Serbadk has shranked to $7m rgt

Vanguard listed holding 16.848m shares @$6.562m USD on May 31th 2021, before the Serbad scandal broke out . Assumng that is the SOP amount invested, than Vanguard cost is $1.605 rgt per share

And current value is RM0.385/share.

It will be interesting to see the 30th June 2021 update.

Gtrade For the record, Serbad sholders as at 3rd July 2021 posted by Mabel

Top Shareholders
Top 25 shareholders own 106.49% of the company

Only 106.49%? Demonstrating a lack of commitment!

We need to wait till they own 110% of the company ;)

Then hopefully, a new CEO

waraiaoi https://www.airtimes.my/2021/07/03/4-bilion-unit-saham-serba-dinamik-d...

Looks promising. Nasib baik sudah beli untuk hold. Haters gonna cry



Why would the sensible people cry?

Serba hasn't won the war.

They haven't even won a battle.

This is just a relatively minor hurdle but, yes indeed, they had to overcome it.

Next hurdle is the new INEDs.

bobvic96 Steady Punpipi Memang betul ....Karim and team is very talented to lead SDK ....even Bursa acknowledged

Lead from the front from RM2+ all the was down to RM0.32 - champion leadership

Serba needs a new BoD

nuilam hali only lu don't think about ld again. your dream you can get ld again

So what would be the LU price?