Still no release of SIR? Seem like SD prefer delisted...haha....retailer died lookoo....haha

Justice Ahmad Fairuz also ordered Serba Dinamik to pay RM30,000 costs to Bursa Malaysia.

Haha, bursar won, should buy bursar instead

Haha. congratulation. hahah

High Court strikes out Serba Dinamik’s bid to stop Bursa Malaysia from compelling company to release fact-finding update

https://www.theedgemarkets.com/article/high-court-dismisses-injunction-application-serba-dinamik-stop-release-factfinding-update

Haha, ambank analyst is on the extreme side.....

Yeah, expect another of loss quarter, the turn over I guess only happen in next Q.

Yunlin project are in deep shit probably worst than Sapura, they are still pending regulatory approval on extension and structure change so terminate maybe a good move....there are 11 turbine been setup since last year, but till today only 1 turbine start function....yulin side got deep shit problem...

Haha, institute keep selling at 5sen for the past few months....just wonder which institute

Once the SIR make public, definitely will be scrutiny by media and public, to seek accountability.

Than SC possible charge Karim on insider trading ....

Release the SIR is not favor by Karim but good for retailer, so retailer can get some money back

Suspended until delisted, I guess SD will appeal drag longer so that can continue enjoy the benefit being a public listed CEO.

If suspend lifted, Karim may need to worry about force selling, I believe it will rather drag under current circumstances.

Assuming the provision loss for Yunlin project, if no amendment every penny spend may lose another penny...haha, better terminate and settle in court.

Now sapura 3500 are able to work on other contract which can generate profit immediately...better than work under Yunlin project making more loss.

Court case will drag few years before concluded...it is urgent to put all the asset in work to generate profit.

I think this is a super good news but doubt the price will fly, still the main issue is liquidity still remain and pending the divestment result

Is it possible write back 300-500 million from provision of loss for Yunlin project which was made in Q2? I guess not able turn around but probably can reduce the loss..

Har...termination of the contract is good news, Sapura300 loading money non stop if keep boned by the Yunlin contract....only 21/80 tubing installed after 2 years delay...it is the wise move to terminate the contract. Taiwan border contract is strict,. But the covid cost beared by Sapura...if continue like this, another billion loss inccured.

SAIPEM also lose money, MHB also lose money, worst still New star management just the took over less than a year from previous infamous management. Probably won't turn around until 2Q2023

SAIPEM going to announce huge loss in coming quarter, I think local oil service company will not spare

If the divestment is success, insider already start collection, looking at the volume now mean....

when in oil century, feeding those crony is not a problem, but now those crony is burden of country, petronas and oil company.

get rid of it is good for the industry.

SE dose not clarify the complaints from vendor on 180k payment overdue reported by focus.

this is good move, no need bother this kind of vendor....already commit settle in jan, complaint and make report before due data for only merely hundred k....what a joke for a company.

he can take legal action after jan still not payment....why choose to resolve this kind of dispute via media? maybe is some crony from previous regime, empty shell company......

Focus didn't seek clarification from Sapura also, this seem like against journalism ethics,

Posted by JJchan > Jan 22, 2022 8:42 PM | Report Abuse

some Sap's vendor are spoiled brats. Average private sector payment during Covid era is 4--6month And Gov.( public sector ) can go as high as One year....almost every Co in Malaysia
is Not paying On time. I think it is Time SAP delete / remove financially weak Vendors----Good
time these Vendors never say SAP is Good pay master, bad times they cry infront of camera

It is interesting that Focus did not seek clarification from SE as well before publish the story.....

The article imply that SE steal from the supplier by not given acknowledgement after receive 'stock' from supplier so that supplier can't invoice them...interesting

Made public the complaint instead of issue legal letter or make police report?

Need money for CNY? Burn the bridge for less than 200k....must be Chinese company, need money to give Ang Pao.

Just wonder why supplier choose to made the complaint now, not next month since SE promise to settle by Jan 22, can't wait for another week after waited for 6 months?

Vendor complaints payment overdue 6 months and still counting...reporting by Focus today....

Andy said target to finalized by end of 2021 but may delay depend on bank feedback. I guess chances to get waiver is high, but else will drop further. Just speculate possible good news based on the last few days price trend.

Possible go into PN17 if waver not granted by creditor, waiting Andy to announce soon.

If not mistaken,sapura brother direct or indirect 17%, those proxy are fully own by sapura family I guess.

It was reported by the edge, 10 million annually for using Sapura name, Taib does not want to set a date to change the name despite being asked by reporters several times.

SE still paying 10 million to Sharill to use Sapura name, so I don't think PNB has the fully control of SE yet, Sharill still have certain level of influence in Sapura.

LNG classified as green by EU soon, I think this will has huge impact to Sapura, provided SE manage to survive from current criss.

Bankruptcy is wasted. There are a lot good asset which should remain under local company.

I thought you are more rationale, comparing between AA and SD....are you sure?

There are many PLC being categorized as PN17 like Scome, Bara, kheen Seng which struggle due to covid or operation issue there are many Bumi or politic counter in PN17. It is business matter.

But SD is different, is a company venture into space, their problem is fake and no auditor acc, under prosecute by regulatory. It is legal issue.

2 different issue, how to compare?

Sslee quoted If government will to save either Serbadk or AA, which company will government save and why?
14/01/2022 9:05 PM

The fate of Sapura may announce soon, given that Andy said he target to finalize the waver with bank by year end. Probably now just waiting bank respond.

Looks at marble, quad, honesty, solomo, pearwhite, they still support this kind of company,...too many idioooot in Malaysia...they got brain but don't want to use, prefer you help me I help you concept....


shareinvestor888 quoted Based on my previous work experience in other countries Singapore, UK, Japan, Indonesia, Thailand and HK….I never heard of listed companies’ CEOs can still be allowed to continue working as BAU, not suspended pending court trials for alleged corporate criminal cases.

How to help,

Regard the court case, Bribe the judge? If judge not corporate, looked for PM to turn the court case down.

No auditor approve statement acc, kick out the auditor from Malaysia with the help of PM if auditor not approve the account statement. A lot company need to hire new auditor if big 4 being kick out.

Replace the whole bursar top management, stop them from asking SIR and keep their mouth shut

Than finally close all the hospital and inject 3 billion for debt payment and another 2 billion for space investment and operation cost.

Help........lol

karimorkaram quoted Wonder Lembaga Tabung Haji would support this Bumi company, their stake in this company is relatively small, only 2.3% and the PPIM Chair has voiced to support Serba, unfortunately cakap macam kentut, bau bau sahaja.
13/01/2022 9:12 PM

700 million profit was reported in the last 6 QR, but can't even pay debt, whose problem, SC problem, Bursar fault? Gov problem or your mother fault? @SHQuah

What is the problem of this idoot investor.....who is right....are you stupoood

New Auditor said pending on SIR from EY, but SD don't want to complete the SIR

EY want to complete the SIR, but SD said EY consultant not qualified to complete the SIR despite it was appointed by SD..

SD not able to pay loan interest, who right or wrong....are you too stupod to analyse?


Based on your opinion, who is right and who is wrong.

SHQuah quoted Who is right, which one is wrong. Can you provide the latest ?
13/01/2022 5:16 PM

Or maybe this stupoood pearwhite bet toooo big in SD, tooooo big to lose.

Pls don't pollute pinang ocean.....

Today court hearing, are it going to conclude today and the result may favour Bursar where the SIR from EY need to make public immediately...so could start press 0.005 lol

Only Serba Dianamik not impacted by covid and profit during MCO, MHE, Bumi all also lose as of today, but SAP is the worst among all of them ..haha

Pearwhite, marble, solomo, hosnesty, those heavy invested in SD and posted fake information to promote SD so that they can sell their tickets to other when suspend was lifted.

Shameless group, I'm not surprise few already end their journey at Pulau Pinang Bridge.

So many red red red red flags........but you still invest in SD.....any good reason other than brain problem

SD is special,

SD sue auditor and call them shop lot....never happen before, investor should start worry and caution.

All risk directors resign same days, still holding the share ...it is stupoood if still invest in SD

SC raided SD office, if you still invest in SD, you should stop investing in bursar for good, cause your brain too small.

SD sue ex director, SD delay SIR and Audited AR......than SD announced go to moon.......you should suicide if you still invest in SD......useless.

No audited acc for 2 years, profit deviation >100%, this idoot suggest PP and RI.....what is going on .....where is his brain

SHQuah quoted 50% chances delisted. 40% 10 share become 1 share. 30% private placement. 20% possible right issues.
10/01/2022 1:02 PM

Really hopeless by looking at this kind of investor ...omg¡!!!!!!!!!

SHQuah quoted 50% chances delisted. 40% 10 share become 1 share. 30% private placement. 20% possible right issues.
10/01/2022 1:02 PM

The hope of lifting the suspend so little, this suptood iddot investor suggesting RI and PL.....what is the problem of SD investor, do they use their brain to invest, omg

SHQuah quoted 50% chances delisted. 40% 10 share become 1 share. 30% private placement. 20% possible right issues.
10/01/2022 1:02 PM

Why so many stupod idoot investor here, it is 100% delisted, your brain too small to invest in bursar....what an idoot.

SHQuah quoted 50% chances delisted. 40% 10 share become 1 share. 30% private placement. 20% possible right issues.
10/01/2022 1:02 PM

Majority here are share the fact, whether it is negative or positive depend on your position.

For me it is good news that the counter is suspended, so idioooot investor like you stuck inside.

It is good that SC prosecute and charge SD due to their genius account book. To creat a fair market.

It is good that all risk director resign, give the hint about the company situation.

Good that Bursar uphold law suspend the counter until SIR release, ensure transparency of the market.

It is good news for vast majority of investor except who idoot investor stuck in this counter.


nvestorKING quoted Haha, this forum everyday full of negative statements.

You all very scared public retailers and funders to come in and buy kah??
09/01/2022 12:26 PM

i were on leave in 2021, my younger brother helmed the CEO temporary, no worry, i will take over back from 2022.

2nd chances for off load? are you sure this is 2nd chances? are yo u sure?

KPMG raise red flags, 1st chance to off load
all risk directors resign, 2nd chance to off load
sue KPMG, 3rd chances to off load
SC raided office of SD, 4th chances to off load

how many red flags you need before you decide to off load, if you still invest despite multiple red flags, you deserved it. this kind of company with multiple red flag and calling their auditor shop lot publicly, it will be drop to 0.005 sen in next day, only idoot investor here ask for next 2nd chances for off load.

think again, whit those multiple red flags raised in mid of 2021, is this the '2nd chances' not the 5 or 6 chances?


BobAxelrod Not being rude or crude to investors. When the say give another chance, means it for them to off load their unfortunate tickets. Not that they give a damn about SD.

Sorry, but that's the hard truth of what you're saying.
09/01/2022 11:24 AM

Sapura will not bid any project in india moving forward, seems like a good news but too late and damage is done. on-going project in india still sucking blood from sapura, India is place malaysia company should always avoid....

what kind of idoot is this, give a second chance for SD? if all the PLC inflate their profit after caught, than give them 2nd chance...what an idoot, are those stupood investor brainless, if it confirm they fake the profit this mean they cheat billion billion from investor, bondholder and creditor, so give them 2nd chance....oh what an idoot.

what are you expecting @AlsvinChangan after give them 2nd chance, who should pay back the creditor who loan than based on inflated profit report?

AlsvinChangan quoted A Great reboot

NOW SD accounts are 100% clean, fresh new beginning

Give SD management a second chance and more time
09/01/2022 9:21 AM