Usually the next day will go back down. Lets hope this time is something real

Wow so many people got it here. Anyone apply via blue form?

You can't find long term appreciation in malaysia stock market (except few tech stocks which happened in the past few years). For most of the stocks, you're considered lucky if the stock maintains its value for few years. Look at KLCI index then you'll know. No long term appreciation. Bursa malaysia is for short term gambling, this is the harsh truth.

I'm going to sell this counter first thing in the morning tomorrow. Lost faith in this counter as well. Must be something brewing that we are unaware of.

Why the huge selling volume? What happened to this counter? Why no investor seem like believing this counter? Anything that i missed out?

up down up down boring laaaaaaaa

@taco89 Report produced by management itself, ofcourse say no suggestion of fraud loh.. cheater will say themselves is cheater one meh?
No wrongdoings meh? who say one o.. KPMG got release report say no wrongdoings meh? So easy to kena swayed by the directors one meh you?

Seriously funny loh those ppl that blame KPMG. Pls lah why KPMG want to risk their reputation for this company? Im sure the fees from Serba dont even make up to 1% of KPMG's revenue. There's something fishy going on in Serba, and KPMG raised those issues. Serba can't provide a satisfactory answer to KPMG hence KPMG don't let them pass. Simple as that.

As an investor, you dont have to wait until everything is reported and finalized in order to make your investment decision. By that time others would have sold and what you left with is penny stock that no one wants to buy. Take action while you still can recover some

@stockraider u know loh, bursa is a big casino mah. maybe monday open big leh

Guys i think monday will limit up, then tuesday 2nd limit up, then wednesday freeze trading. yes this will happen

@jakeT Think from other perspective, if KPMG started to use app like Truecaller to verify things, this means KPMG is really suspicious of the company's transactions already.

Nvr expect so many fishy things happening below the surface.. it's a RM6b company after all.

@rkg im sure KPMG, being their auditor for 6+ years, know about their modus operandi and inside job better than most of us here.
That's why the fact that they don't sign the report this time suggests something worse is brewing

@rkgfantasy If this is the case KPMG would have no issue verifying the transactions. It's a different issue altogether.

Posted by rkgfantasy > May 29, 2021 10:49 AM | Report Abuse

From what i see the Special Independent Review
i roughly understand how Serba get project so easy
very typical GLC win win strategy
let say 100m project
serba tender with 120m, and promise to use the “supplier or related consultant provide by the project owner”
than Serba will appoint a professional sub or main con to do the job with 85million price tag
20m surplus consultancy fee will give back the insider project owner
serba earn 15m as a middleman, the subcon get 85m to do job
3 side win win....

that why when come to audit... look a lot of fishy, but this ain’t how those company doing ?

This is potential fraud case in progress. Looks like it, smells like it.

Ah news released.. tmr sell on news

hold until rm2.5 la

O&G counter cannot play. Oil price near peak edi. Just sell and enter other sector better

You mean like FPgroup down from rm1.2 to rm0.7? kikikiki

Holy shyt. What happened??!?

Already 3 QR like this, no reason why this time will be different

this counter before QR release will climb high, then after QR release crash back to 2.1 or 2.2. Be careful guys

sold all.. klse seems like no energy this year. hot money all left dy

Biggest regret bought their warrant. Shit now cant sleep well. Everyday drop like this

do not enter before consolidation... after consolidation will sink further

Very good company with undervalued share price. Gotta keep until 1.5

This counter got no hope. Oil price wont go higher than $70 anytime soon. Better put your money elsewhere and come back later

Can break record high this week?

Obviously this company is a scam. No idea why people believe in them in the first place. Ofcourse their so-called glove venture is another hoax. You see, it has already been so many months yet they havent sold any 1 piece of their glove. Instead, the company transferred millions out of the company via subscription of shares of other nonsense companies. What a team of crooks

Please throw more i wanna collect.

Lousy company lousy management.

Boss supporting price, good sign.

Can, wait bonus issue

Wow what a trap

Keep until above RM5. Tech trend still ongoing

Those who can hold just hold. Wont disappoint you in the long term

Wait for news about AT selling off their glove factory

Waiting at 0.08

Can't believe there are still people putting hope in AT when they steal your money to invest in another dying company

AT why still not releasing your QR huh? It's so late already. Are you scared to reveal how shi*ty your financial is?

You're just describing what people already knew. You failed to explain why AT spent so much to purchase a commercial building (unrelated to its business) instead of spending on glove production? They haven't even started to generate revenue from gloves and now they're diverting their money to something totally unrelated to their business. What a joke.

Run laaa money diverted to Trive, you ATians still can't see what's coming mehh

Not to forget, Kenteam is a newly startup company instead of "The leader in glove industry" proclaimed by Choong. Conman doing conman things.

Now they spend 33mil to buy into Trive.. looks like they're gonna abandon the AT ship soon, and start a new con job in Trive. If i were you i'll start to sell AT shares and buy Trive and wait them to goreng.

QR confirm bad because never good before

Holy sh*t. What kind of result is this. Gross loss summore

As i know the company is still bleeding cash and the profit reported is mainly made up of one-off gain from disposal of subsidiary. On paper it looks good but actually business cash flow is in question. Maybe that's why smart money won't come in.

Even i add on today @ 3.51 also profit already. Lol

Havent yet, today is technology play. The time will come soon for lagenda

You refer ataims lo. Consider tech stock or not? No right? but PE go up to 25 why??

@GuanYinMa Read carefully their QR report. The "Other operating income" section of 7.8mil is made up of disposal of subsidiary