Economist/Mathematician by education, trained in finance, assurance and risk. Experience in Manufacturing, FMGC, Construction, Oil&Gas and IT with significant leadership involvement in Marketing/Projects, Operations, SCM, Logistics, HSSEQ, IT, HR, Finance, Risk and Assurance.
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2021-08-03 13:52 | Report Abuse
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WHY IT PAYS TO HAVE NO NEWS OF SD.
If everyday no positive news of SD, price go down. But of course, to protect Karim, must not let it drop below 36 sen.
When no news, price is low. Serious player will collect (because its cheap) and create a supply crunch.
When report is finalised, it will definately LU 4 conseqeutive days to RM1.60 and more to RM2.50.
Bilis wanna buy also cannot buy except on the days after LU.
And as a shark, will slowly dispose at highest price to the bilis who would come in when SD's financials are clean.
Playing up 5 sen and sell over many cycles is another way to pass time like a hobby. Hobbies are plague with fake news.
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2021-08-03 13:38 | Report Abuse
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TOMORROW IS WEDNESDAY, CHEAPEST DAY OF THE WEEK TO BUY FOR TING TONG TIN CANS.
2021-08-03 13:37 | Report Abuse
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As iHunter pointed out, RM50 million is in. When the momentum for this RM50million stops, the price will drift rather quickly below the 38 SEN again.
This is due to the current political situation. Otherwise if it was BAU, price might be sustained for few weeks above 40 SEN.
Beware.
Todays small rise, was very slow and not LU.
All the talk of news of report out is false. WHy?
Because if I were a BIG player, I would stop such news from arising and slowly collect millions of shares day by day.
When report is finalised, it will definately LU 4 consequetive days to RM1.60 and more to RM2.50.
But this is no how it played out today.
Its just another cycle.
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Beware.
2021-08-03 13:31 | Report Abuse
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I believe the correct interpretation of this is
When you were part of raising the price to >60 sen, people will become a hero.
And
They will thank you.
However, if, you were to tell them you sold off and let the price drift lower (eg. giving a TP low price),
People wont blame you.
Clarity on both ends of the price is needed. Otherwise, they will continue to blame.
iHunter Wow... When we bring-up the price, everybody become hero...
When we drop the price, everybody blame us....
03/08/2021 1:14 PM
2021-08-03 12:55 | Report Abuse
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STOP THE LYLY TALK LA. UP 4.5 SEN NIA.
WHERE IS THE >60 SEN?
WHEN >60 WITHIN THIS WEEK, OK LA.
2021-08-03 12:46 | Report Abuse
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Wow! Your news is EXACTLY THE SAME AS MINE.
Except it sounded like this.
latest news. draft independent audit report presented to authorities. the report confirms KPMG's issues and continues not to be resolved. pending authority to ask further question before finalising the report.
Boon Han latest news. draft independent audit report presented to authorities. the report is positive. pending authority to ask further question before finalising the report.
03/08/2021 12:31 PM
2021-08-03 12:09 | Report Abuse
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THIS IS JUST KARIM BUYING 20 MILLION SHARES.
BEWARE AS TOMORROW WILL BE THE SALE DAY.
CLOSING WILL BE AT 37 SEN.
IF YOU MAKE SOME, SELL IMMEDIATELY.
SHARKS WILL THROW AFTER 4 SEN PROFIT.
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2021-08-03 10:18 | Report Abuse
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38 SEN OR 38.5 SEN
DON'T BE FOOLED THINKING ITS CHEAP FOR THE STUCK HIGH INVESTORS (>60 SEN TO 90SEN).
TODAY'S CLOSING WILL BE 37 TO 37.5 SEN.
TOMORROW IS WEDNESDAY. CHEAP SALE DAY.
BUT THURSDAY WILL SEE ANOTHER BLOODBATH.
IF NO PROGRESS ON POLITICAL SITUATION (WHERE PM SUPPORT NOT CONFIRMED, PPL CALLING HIM TO RESIGN AND PARLIMENT SITTING NOT CARRIED ON) MEANS MARKET WILL BE DEPRESSED.
DEPRESSED MARKET IS WHAT SHARKS FEAR THE MOST. TECHNICAL CHARTS ALSO FEAR IT.
THERE IS NO CONTROL.
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2021-08-03 10:15 | Report Abuse
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@PSAi3alert,
Sorry for late reply. My response regarding FMT was as follows.
I believe everyone here knows that because many here have read the management response letter posted on Bursa months ago. So they know the numbers.
FMT isn't exactly a financial wizard at this.
stevekum Stories of RM4.5bil audit discrepancies untrue, says Serba Dinamik
https://www.freemalaysiatoday.com/category/nation/2021/08/02/stories-o...
02/08/2021 9:26 AM
PSAi3alert pearlwhite,
Since you are an expert in faith-based auditing and special licensing, can you please help with today's article in FreeMalaysiaToday?
https://www.freemalaysiatoday.com/category/nation/2021/08/02/stories-o...
In an interview with FMT, Mohd Abdul Karim Abdullah said he wanted to set the record straight on the company’s recent auditing issues.
“Everyone has read the information wrongly, the RM4.54 billion consists of items that shouldn’t be added together. You cannot add costs and revenue together, which is how the figure has been derived. This goes against financial literacy.
--->>> In Tanzania, the Chlorine Chlor-Alkali plant in Msufini area that was supposed to be built in 2018 never happened
--->>> RM111.113M was spent for the investment in the project (costs)
--->>> RM194.813M was recognized as receivables that will never be recoverable (revenue)
--->>> Shouldn't RM305.926M be written off?
--->>> Please educate the financial illiterate
“Perhaps, people are intentionally trying to sabotage us by exaggerating the numbers. We are not ruling this out,” he said.
“This put the company, its institutional investors, normal shareholders and 7,000 staff members at risk,” he said.
--->>> The latest annual report stated staff size of 1,725
--->>> How many staff members are at risk? 7,000 or 1,725
--->>> Who put them at risk?
Karim said large companies had thousands of staff and receptionists may not know everyone in the organisation. Subsequent checks by Serba Dinamik confirmed the details of the staff member.
--->>> Revenue International LLC has only 4 person in administration, the rest are cleaners.
--->>> How difficult is it to locate the Finance & Admin Manager, Sabeena Beevi Ramla, to confirm the RM546.778M receivables?
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2021-08-02 19:35 | Report Abuse
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I hope that your company and that of others can absorb 100million shares a day for 2 weeks back to back.
iHunter Some agents including my company have been receiving order to buy at lower prices but must be higher than certain price on this counter for the past few days.
So much so, we have to keep adding our stock on selling queue to remain at 0.385 cents.
Does anybody know what development on this counter. Mind to share...
2021-08-02 17:37 | Report Abuse
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WHY BUY ALL IN AT 36 SEN?
KARAM / KADIR WILL BE FORCED SELL.
SURE PRICE 33 SEN AND BELOW.
WHO CAN TAKE 40 MILLION SHARES 1 SHOT ON 10 SECONDS?
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2021-08-02 17:03 | Report Abuse
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:thumbsup
I also very fedup try to help them. See them so pitiful and begging for help.
Everyday I say good thing to SD just to make sure they can make it thru.
siaokar Dont treat anyone in here seriously esp. those double or triple posts accounts.
Just see them as losers stuck at 5 figures loss in this counter.
2021-08-02 16:48 | Report Abuse
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SHARK WASTING TIME ONLY.
PUSH TO 38.5 SEN IS FUTILE.
WAIT WEDNESDAY LA....SEE EVERYONE HAVE SHARK IKAN BAKAR.
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2021-08-02 16:42 | Report Abuse
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Actually, >60 sen to 84 sen ceteris peribus (as if no press conference, no resigned INED and auditor, only SIR). Suing KPMG is red herring.
InterFund @Uncle_Lim is correct about double bottom pattern........ Buying from any range would not be that matter as it will still going up beyond 60cent..............
02/08/2021 4:40 PM
2021-08-02 16:40 | Report Abuse
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36SEN CONFIRM KARIM WILL FORCED SELL.
DEPENDING HOW MANY DAYS BELOW 36 SEN, 1 DAY HE WILL BE FORCED SELL 33MILLION.
NOT COUNTING KADIR FORCED SELL YA.
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BEWARE
2021-08-02 16:37 | Report Abuse
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TIME AND TIME AGAIN.
PROOF AND PROOF AGAIN.
WHEN GOT EXTERNAL EVEN LIKE POLITICAL ISSUE / ECONOMIC ISSUE / MALAYSIA TAK BOLEH ISSUE
SHARKS CANNOT CONTROL THE SITUATION.
REALLY SPOIL ALL THEIR PLANS.
10,000 LOTS DISPOSED WAS FROM SHARK.
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2021-08-02 16:36 | Report Abuse
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CLOSING TO DAY 38 SEN.
TOMORROW WILL BE MORE NAIL BAITING.
CLOSING 36.5 SEN OR 37 SEN.
BEWARE FOR KARIM'S FORCE SELL.
WEDNESDAY MOST LIKELY DAY ATOMIC BOMB DROP.
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2021-08-02 15:53 | Report Abuse
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TODAY CLOSE 38 SEN.
DO NOT BUY.
ALL DAY, BILIS BUYING NOT KNOWING POLITICAL SITUATION WILL GET WORST.
OVERALL SELL INDICATORS AND BLUE LINE ABOVE RED LINE.
BUY TODAY AND YOU WILL SEE THURSDAY ANOTHER BLOODBATH.
WAIT ABIT WONT DIE.
G MUST ANNOUNCE MORE RESOLVE ON THE CURRENT POLITICAL SITUATION.
2021-08-02 12:16 | Report Abuse
M'SIA DOWN -0.3%
WHOLE APAC UP >1%
SINGAPORE DOWN BECAUSE OF COVID BREAKOUT AND LOCKDOWN. OK, GOOD REASON.
WAIT AFTERNOON SESSION LA...LAGI DOWN.
LOL
2021-08-02 12:02 | Report Abuse
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DONT KENA TRAP BUYING AT 38.5SEN YA..
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2021-08-02 11:53 | Report Abuse
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50/50 SHARK/BILIS
Does your chart confirm this?
InterFund RM23million worth of shares traded.... insider.....??? or bilis collecting........?
02/08/2021 11:52 AM
2021-08-02 11:51 | Report Abuse
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DONT BUY TODAY
DONT BUY TOMORROW
MAYBE LOOK AT IT WEDNESDAY
POP CORN FOR 2 DAY.
2021-08-02 11:43 | Report Abuse
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REMEMBER TODAYS POLITICAL FIASCO. MANY PEOPLE SUFFERED.
ALL BECAUSE OF PH (PKR, DAP, BERSATU DAN LAIN LAIN) STARTED IT.
STARTED WITH FAKE NEWS IN 2015
STARTED THE DOWNTREND SINCE GE2018
NOW, BERSATU (PN).
SAME CHIP FROM OLD BLOCK
EVEN INTERNATIONAL COMMUNITY, COUNTRIES, AND GOVERNMENT DON'T SHOW NO RESPECT TO PKR, DAP, BERSATU DAN LAIN LAIN.
WANT PROSPERITY AND STABILITY?
GO BACK BN. GOT TRACK RECORD.
JUST LIKE PLAYING SHARE. SUPPORT THOSE THAT GOT TRACK RECORD.
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2021-08-02 10:47 | Report Abuse
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REMEMBER BELOW 37 SEN IS WHERE KARIM WILL BE FORCED SELL.
IN THE PAST, FOR EVERY 3 DAYS ITS BELOW 37 SEN, KARIM WAS FORCED SELL 100 MILLION SHARES.
LOOKING AT TREND NOW, DAY BY DAY TO 31 SEN SLOWLY
BEWARE.
PS. I KNOW YOU WANNA MAKE GOOD THE LOSSES PREVIOUSLY, PLEASE BE PATIENT.
THERE IS ALOT OF CHANCES TO BUY ESPECIALLY ON WEDNESDAY WHERE IS SHOULD BE THE CHEAPEST.
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2021-08-02 10:25 | Report Abuse
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Interfunds thanks.
As you rightfully pointed, morning buy evening red. This will carry on this week, maybe end on Thursday.
Political hoo haa still not resolved with 3 parliment sittings postphoned.
If not resolved immediately as to when the next sitting will be, expect downtrend.
2021-08-02 10:10 | Report Abuse
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Post your latest chart here. Lets see the RED and GREEN lines.
InterFund Non stop lousai................
02/08/2021 9:55 AM
2021-08-02 09:47 | Report Abuse
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REMEMBER BELOW 37 SEN IS WHERE KARIM WILL BE FORCED SELL.
IN THE PAST, FOR EVERY 3 DAYS ITS BELOW 37 SEN, KARIM WAS FORCED SELL 100 MILLION SHARES.
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2021-08-02 09:35 | Report Abuse
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I believe everyone here knows that because many here have read the management response letter posted on Bursa months ago. So they know the numbers.
FMT isn't exactly a financial wizard at this.
stevekum Stories of RM4.5bil audit discrepancies untrue, says Serba Dinamik
https://www.freemalaysiatoday.com/category/nation/2021/08/02/stories-o...
02/08/2021 9:26 AM
2021-08-02 09:26 | Report Abuse
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Your indicator is saying above 60%?
Wednesday is sale day according to the GUARANTOR here. That will be the cheapest price for this week.
InterFund Strong buying rate with total 12mil spent after 23 min market open.............. good sign.......?
2021-07-31 11:33 | Report Abuse
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There will be always issues. Not a problem if can be resolved. If cannot, then there will be issue on the issue. LOL
Jack Khan Still so many issue raise on SD!
31/07/2021 11:28 AM
2021-07-31 11:21 | Report Abuse
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On the issue of local content, i.e. entire management team is foreigners, the typical (and I mean typical as in Middle Eastern local content, not cabotage ya), as long as chief engineer / supervisor is a local, then will meet local content requirements. It does not mean that management team has to be local. (However, in many cases, the local company's shareholders may be local).
Licensing need SD to explain and show letters from those G that approve for exemptions.
Note: Many of Armada's team are foreign and not local, but still operate in eg. Indonesia as their Captain/Chief engineer is Indonesian.
PSAi3alert I will very much like to embrace faith based licensing. However someone reminded me of the need to be "full of doubts".
2021-07-31 11:16 | Report Abuse
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From what I see, there have been cash movements on trade debtors on those clients highlighted by KPMG. As long since May 2021, there have been payments received from those clients, impairments wouldn't be an issue.
Also for those questionable vendors, if payments have been make and there will be no issue.
Auditors would focus on the remittance and pay close attention to the recipient details (eg. Name, addresses, account numbers, Bank details). One look on AR and AP aging would give insights.
As long verifiable, all KPMG's concerns will be cleared.
BUT CONCERNS WILL BE ON RECEIPTS / PAYMENTS TO THOSE ENTITIES NAMES THAT ARE DIFFERENT FROM WHAT IS REGISTERED IN BOOKS.
FOR THAT, NEED FURTHER EXPLANATION FROM SD.
Sslee JAKS IR reply on impairment.
So expect a lot of impairment on Sebadk
2021-07-31 11:10 | Report Abuse
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NOW NEW TP IS SET. WITHIN 1 MONTH.
RM395K INVESTMENT WILL BECOME 1 MILLION.
1 MILLION AS IN WHAT?
PROFIT WHEN SELL? - TP APPROX RM1.40 WITHIN 1 MONTH
OR CAPITAL AND PROFIT WHEN SELL? - RM1.00 WITHIN 1 MONTH?
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PLEASE BE CLEAR AND PRECISE...
2021-07-30 20:46 | Report Abuse
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TAKE A BREAK EVERYONE. HAVE A QUIET WEEKEND PLS. NEXT WEEK GOT LONG BATTLE.
I FORESEE ITS JUST HYPE ON MONDAY AND WILL BE BAU UNTIL NEXT GE ANNOUNCED.
TQ
https://www.thestar.com.my/news/nation/2021/07/30/bn-umno-mps-back-perikatan-govt-says-hisham
2021-07-30 17:59 | Report Abuse
@bilisutra
Jgn banding America ngan Msia nie. Konsep nie biasanya tak laku kat sini.
Jgn ala2 ngan duit yg anda Ada Lepas convert ya.
Org2 kat sini multi millionaire.
2021-07-30 16:29 | Report Abuse
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CAN CAUSE BANKS TO WITHDRAW ALL FINANCING FROM SD WITH IMMEDIATE EFFECT.
CAN CAUSE CONTRACTS TO BE CANCELLED WITH IMMEDIATE EFFECT
CAN CAUSE SC/BURSA/BANK NEGARA TO CONDUCT CRIMINAL INVESTIGATION
uncertainty in accounting process.
2021-07-30 16:24 | Report Abuse
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That statement if not for you. Relax. Its for the other shark.
iHunter Did I said 60 cents ?
2021-07-30 16:18 | Report Abuse
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PROBLEM WITH SHARK SAY BUYING NOW, UP 5 SEN THEY SELL AND LARI
WHILE PROMISE > 60 SEN
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2021-07-30 16:05 | Report Abuse
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PUT AN UMNO MINISTER AS INTERIM PM
WOULD SEE KLCI FLY 100 POINTS IN 1 NIGHT.
EVERY STOCK WILL OVERNIGHT BECOME A FLYING STAR.
2021-07-30 15:55 | Report Abuse
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IF AGONG FIRE MUYU TOMORROW, AND NEW PM CHOSEN ON SUNDAY,
GOOD FOR STOCK MARKET KA>?
2021-07-30 15:51 | Report Abuse
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36.5 SEN TRIGGER MARGIN CALL FOR KARIM.
100 MILLION WILL BE SOLD EVERY 3 DAYS IF BELOW THIS PRICE.
2021-07-30 15:44 | Report Abuse
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MALAYSIA POLITICAL UNSTABLE CAUGHT THE SHARKS OFF GUARD.
TIME AND TIME AGAIN SUDDEN MARKET NEWS MAKE THE SHARKS COME TO THE SAND TO DIE.
CANNOT MOVE IN SAND.
2021-07-30 15:09 | Report Abuse
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EVERYONE, STOP THE BUY QUEUE. LET THE SELL QUEUE REMAIN.
LET IT RUN.
TING TONG TING CAN WILL BUY ON WEDNESDAY.
2021-07-30 15:08 | Report Abuse
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the king already done that few weeks ago.
The clearest and most obvious step is to summon all MPs individually to Istana Negara as soon as possible to determine if Muhyiddin still has the backing of the majority of the House.
2021-07-30 15:07 | Report Abuse
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WHAT WILL HAPPEN THIS WEEKEND?
LIKE KARIM SAID "BUSINESS AS USUAL"
ALL BN COMPONENT PARTIES WILL SUPPORT PN.
NOTHING WILL CHANGE.
WHY?
OTHERWISE GE OR ANOTHER COUP (WHICH MOST LIKELY WONT HAPPEN)
2021-07-30 15:05 | Report Abuse
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WATCH KLCI BREAK BELOW 1500 PSYCO POINT.
2021-07-30 14:45 | Report Abuse
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TODAY IS LAST DAY TO ANNOUNCE THAT APPOINTMENT OF NEW AUDITOR FINALISED.
LOOKS LIKE, NEXT WED CAN GET CHEAP.
2021-07-30 12:49 | Report Abuse
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One thing evident here, uncontrollable market forces always deny sharks of their hopes
Blame it on the gomen
2021-07-30 12:48 | Report Abuse
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wirajati has left the building.
Stock: [SERBADK]: SERBA DINAMIK HOLDINGS BERHAD
2021-08-03 14:25 | Report Abuse
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BAD NEWS OUT ADY..................
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