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2021-06-15 10:53 | Report Abuse
Got good feedback from MSWG. Good sign for time to come
2021-06-15 09:56 | Report Abuse
Buy when low
This one long term strategy
2021-06-15 09:31 | Report Abuse
Everyone see price drop so go for merry go round of price drop to buy and then quick sell. Afternoon today, price back to normal la. Can shoot high one
Posted by Mtrade > Jun 15, 2021 9:24 AM | Report Abuse
buy rate going uppppp
2021-06-15 09:14 | Report Abuse
I think more and more company will be moving to EY after this. Habis la KPMG to cari duit for 1MDB fine
Posted by shybutter > Jun 15, 2021 9:13 AM | Report Abuse
I believe EY is more reliable than KPMG.
That's why Serba appoint them.
Just stay and watch.
2021-06-15 09:08 | Report Abuse
Tunggu the new directors buat kerja la. wait and see how the price goes up
2021-06-15 08:25 | Report Abuse
Kena tengok juga bro. KPMG got a lot of saman cases. You see no one notice they negotiating deal with Malaysian gov for 1MDB settlement. All smoke and mirror
Posted by super168 > Jun 15, 2021 8:12 AM | Report Abuse
My take is if EY find the same accounting problem. Serbadk will see no returns. I am sure KPMG will not make such a big silly mistakes. Do they want to be in the same shoes as IMDB's auditors?
2021-06-15 08:23 | Report Abuse
KPMG still did not come out with any statement? hahahahaha
2021-06-15 08:08 | Report Abuse
Exactly. I think after 1MDB all big4 careful about taking job to repair damage done by other auditors
Posted by BATFLY > Jun 14, 2021 9:24 PM | Report Abuse
Before EY accepted the appointment, obviously they will be briefed on the issues with KPMG.. Guess it is positive news fir serba..
2021-06-14 17:10 | Report Abuse
Good run. In a day . Macam main IPO
2021-06-14 16:24 | Report Abuse
Calvin Tan and his dishonest post
You create unnecessary rumours and cause a lot of people losing money in SerbaDK, KPower and SCIB.
To make it even worse, you post as if you managed to read the reports from KPMG. No one has read it so far and it is reasonable for any companies to address it. The fact KPMG went straight to shareholders and regulators is straight irresponsible and just a show of force of show that they have integrity but they are not.
Any company should be given reasonable time to respond to any allegation and Serba Dinamik took active measure to rectify those problems. They bring in new independent directors and hire another Big4 for audit check up.
For all those rumours about the company cooking their books, they have been giving decent dividents for years already. If they are the type that doesn't give out dividend it make sense for them to cook things up.
Calvin Tan needs to come clean and be fair to everyone. Stop writing conspiracy theories and support your findings with proper data and facts.
For others, stay away from Calvin Tan, this guy made so many people suffer loss.
2021-06-14 16:24 | Report Abuse
Calvin Tan and his dishonest post
You create unnecessary rumours and cause a lot of people losing money in SerbaDK, KPower and SCIB.
To make it even worse, you post as if you managed to read the reports from KPMG. No one has read it so far and it is reasonable for any companies to address it. The fact KPMG went straight to shareholders and regulators is straight irresponsible and just a show of force of show that they have integrity but they are not.
Any company should be given reasonable time to respond to any allegation and Serba Dinamik took active measure to rectify those problems. They bring in new independent directors and hire another Big4 for audit check up.
For all those rumours about the company cooking their books, they have been giving decent dividents for years already. If they are the type that doesn't give out dividend it make sense for them to cook things up.
Calvin Tan needs to come clean and be fair to everyone. Stop writing conspiracy theories and support your findings with proper data and facts.
For others, stay away from Calvin Tan, this guy made so many people suffer loss.
2021-06-14 16:04 | Report Abuse
Waiting for big day tomorrow
Posted by lassy > Jun 14, 2021 3:54 PM | Report Abuse
EY is one of the most trusted BIG4 audit company after the merger of AA because of the ENRON case in US. EY even refuse to sign off for 1MDB in spite of enormous auditing fees. GOOD SIGN AHEAD
2021-06-14 15:40 | Report Abuse
0.675 +0.07 (11.57%)
hahahahahaha
2021-06-14 15:32 | Report Abuse
Told ya good to keep.
Road to recovery soon
2021-06-14 14:20 | Report Abuse
Did some research. Apparently in the past, KPMG had a similar problem a company in Australia.
Read first before you believe in everything
KPMG and Arrium
KPMG is one of several defendants (the others being Arrium directors) fighting a shareholder class action by investors in the collapsed steel maker Arrium.
The claim alleges that KPMG made misleading or deceptive statements in Arrium’s published financial results by suggesting they complied with Australian accounting standards and were a true and fair view of Arrium’s financial position. It also claims that the firm misled or deceived investors about whether those statements fully disclosed material impairments of Arrium’s assets.
The shareholders claim this led to Arrium’s shares trading at an inflated price from 2014 - 2016 and also meant that a September 2014 capital raising took place at an overblown price.
2021-06-14 14:15 | Report Abuse
Might be their cleansing exercise. Caught in 1MDB using Serba Dinamik as distraction. They know if kena also never mind, already firmly holding big clients
Posted by takuhara83 > Jun 14, 2021 1:58 PM | Report Abuse
Ya lor dont trust kpmg so fast. They no saint or perfect either. Talking about scandal. They also got investigated by ignoring questionable payments in the Siemens bribery case in germanyyyy. Some more in canada just recently, they are getting probe into offshore tax evasionnnn. And in the UK, KMPG was fined 5 million pound for misconduct shortly after the takeover of the britannia building society. All huge kaw kaw one and some people can say they ofcourse dont want to make their reputation bad? Dont be ridiculous. This kind of company does this because they can benefit from it obviously. They do it because they can. No care about bad reputation.
2021-06-14 14:06 | Report Abuse
so they enjoy bullying small country???
Posted by CANON911 > Jun 14, 2021 1:48 PM | Report Abuse
As much as how its logical to think that kmpg must not wanting its reputation to tarnish, its reputation is not that great as how big the company is. The company have many scandal in the past. They have been fined by sec in the past for a cheating scandal. They confessed to publish a misleading report in South africa and turned a blind eye to corruption. They were sued in America by Fannie mae for malpractice due to approving years of erroneous financial statements.
2021-06-14 14:02 | Report Abuse
I think now right time to masuk. They are cooking something la.
2021-06-14 13:58 | Report Abuse
New ID looks solid.
Dato' Mohamed Ilyas, guy from Koperasi Amanah Pelaburan
Johan Ishak, chartered accountant with huge GLC experience
and most importantly, Masleena former SC proecuting officer.
I don't think these big guns want to put their reputation out there for questioning.
Posted by Enilec Mak > Jun 14, 2021 1:09 PM | Report Abuse
For those who think new ID is good for company, you are a tad naive. It is only when current ID giving problems that they need to appoint new IDs. If current ID not giving problems why the need to appoint new IDs ?
Common sense right ?. And if current ID giving Karim problems, you think he will still appoint new ID without controlling them first ?
Those who said new ID don't want reputation ruin if they think Serba is fraud company don't really understand the power of money. Can easily give them 10 mn each under table right ?. Offshore account etc....
Some of you are so naive.
2021-06-14 12:09 | Report Abuse
Easy thing would be if anything fishy why would the three new independent director even want to come in. Now I don't think anyone want to risk their reputation.
For me I see this as a good sign for things to come
Posted by Enilec Mak > Jun 14, 2021 11:57 AM | Report Abuse
Some thoughts for sharing. Issue until today not resolved. Audit issues are straight forward , should be easily resolved if no fraud involved. KPMG already done their part. They no longer worried about delay cause the balls in Serba court.
Serba pusing sini pusing sana, still cannot resolve, now delaying everything by saying want ID committee to buy time.
Want to appoint more ID is one simple reason. Current ID , shitting their pants now, cause fraud happened on their watch, will now refuse to budge unless serba management can prove no fraud. Appointing more ID is to crowd out the current ID voice when it comes to voting...
U guys don't get it ?
When SC announce results of investigation, price drop another 20-30%.
Good luck to those who think current price of 55 sen is cheap. There is no cheapness is a fraudulent company
2021-06-14 12:04 | Report Abuse
Margin call won't happen anytime soon. Serba confirm got back up plans to resolve this issue.
I'm going to hold my shares and adding a few more blocks when the price is low
2021-06-14 11:53 | Report Abuse
I'm going to wait for the independent director announcement. I think will add some steam la
2021-06-14 10:13 | Report Abuse
This one got burned to the ground after 1MDB.
Posted by colin888 > Jun 14, 2021 10:12 AM | Report Abuse
They think by appointing independent directors will help arrest the drop in the share price! Dream on! This is year 2021, not easy to fool everyone!
2021-06-14 10:12 | Report Abuse
EPF hasn't sold all its share. KWAP also still in there.
Only people will margin call letting it go because bank to afraid of taking risk.
Once director resolve this issue price goes up la. Fundamental still strong. Still have Petronas in their books and remember they bought over Teluk Ramunia from Petronas
https://www.theedgemarkets.com/article/serba-dinamik-buys-teluk-ramunia-yard-petronas-rm320m
2021-06-14 09:44 | Report Abuse
https://focusmalaysia.my/serba-dinamik-to-add-3-new-ineds-to-expedite-search-for-solutions-of-sorts/
These people haven't started yet. So I think still early to call. Price going down but won't go lower
2021-06-14 09:12 | Report Abuse
Buy at 0.60 now already 0.615 for some time. Can go up somemore I think after independent directors play some roles
2021-06-14 09:03 | Report Abuse
slow upward trends la. Need some more power only now
2021-06-14 08:53 | Report Abuse
KPMG in so much problem already??? Using Serba Dinamik to distract news on same month as when government negotiating settlement with them????
Fishy or not. Don't know what to say.
2021-06-14 08:35 | Report Abuse
Source : PUBLIC BANK
Stock : SERBADK Price Target : 1.39 | Price Call : HOLD
Last Price : 0.605 | Upside/Downside : +0.785 (129.75%)
Public Bank also made this call. Price target close to 50% profit. makan besar if can go there. No need wait year end bonus.
2021-06-14 08:26 | Report Abuse
Experienced independent director coming in. One of them is a former SC big guy. Definitely, something interesting going on. KPMG story punya power already gone
2021-06-14 08:20 | Report Abuse
Posted by OrlandoOilSemiconIoT > Jun 14, 2021 8:11 AM | Report Abuse
add 3 new INEDs
Can't b Karims own idea
Karim must has bin advised
Advised by d powerful
Tis is d precursor to d imminent intervention by d powerful
Time to get some?
>>>>> good sign ahead
2021-06-14 08:05 | Report Abuse
Hold tight and collect more
https://dagangnews.com/serba-dinamik-lantik-firma-audit-bebas-3-anggota-lembaga-pengarah-baharu-6520
This is some good press they need
2021-06-13 20:32 | Report Abuse
Posted by BlackDevil99 > Jun 13, 2021 7:27 PM | Report Abuse
I think the annual report is going to be the catalyst if the sand deal is going to materialise
Anyone got info on this ah?
2021-06-13 19:11 | Report Abuse
After KPMG mess sorted out definitely go up one. A bet worth taking. Don't think it will tank any lower
2021-06-12 08:19 | Report Abuse
You know what is funny. People still thinking KPMG is legit after their 1MDB cover-up. This entire mess of not giving proper time for management to respond to the queries as per standard practice is just to create a facade that KPMG is clean.
It is a global trend.
https://www.independent.co.uk/news/business/news/pwc-kpmg-deloitte-and-ey-audit-quality-failure-frc-report-a8998321.html
For seven years there were in bed with Serba Dinamik, they know very well the clients that Serba Dinamik engage in. Most of the contracts questioned are from recurring partners, not new one.
Serba Dinamik was unfortunately placed in hot water due to a sudden change in way KPMG does its audit and not giving them enough time to respond.
Serba pays their shareholder good dividends so the money is there. The bigger question is KPMG should not simply drag a company under the mud to boost up their own reputation. Selfish
2021-06-11 20:24 | Report Abuse
Huge loss la today. 2 more weeks. Hold and hope for the best. Fundamental still strong. Petronas also did not say anything
2021-06-11 08:57 | Report Abuse
Mike is acting a manchild. Everyone is wrong. Only he is correct. Talk facts la.
2021-06-11 08:31 | Report Abuse
I think EPF as shareholder got info in regards to KPMG audit report. Not believing it. That is why hold.
EPF dividend more important for politician than Serba
2021-06-11 08:29 | Report Abuse
I think this share can rally la behind oil price. Buy low and hold
2021-06-11 08:29 | Report Abuse
This one have to hold longer la until MCO over
2021-06-11 07:45 | Report Abuse
Agree with Mabel
Serba has strong fundamentals.
Time to ride the wave. Buy low and hold
After this accounting mess is sorted out. Confirm naik kaw-kaw punya.
They still got order books from Petronas to cook
Stock: [SERBADK]: SERBA DINAMIK HOLDINGS BERHAD
2021-06-15 11:08 | Report Abuse
Come on la. Serba Dinamik has a long term plan.