Ya. No priority for all non-Bumi bacause they are not satu keluarga Malaysia.

Soon forced selling for KYY and OTB like their investment in JAKS, one of their well known lost investment which both of them also wanted to cover up in life as well. Run ..................

Soon forced selling for KYY and OTB like their investment in JAKS, one of their well known lost investment which both of them also wanted to cover up in life as well. Run ..................

A2 Audit Report of Preceding Annual Financial Statement
The independent auditors reported the following qualified opinion and material uncertainty
related to going concern on the audited financial statements for the year ended 31 March 2021:
a) Qualified Opinion
As disclosed in Note 5(e) to the financial statements, included in property, plant and
equipment are freehold land and buildings carried at valuation amounted to RM19.451
million. The Group’s policy is to measure the freehold land and buildings at fair value, based
on valuations performed by external independent valuers with sufficient regularity to ensure
that the fair value of the freehold land and buildings does not differ materially from the
carrying amount.
The Group did not engage external independent valuers to determine the fair value of
freehold land and buildings due to the Group is reducing the operating costs following the recalibration of the Group’s operating structure by right sizing the workforce and opt for
furloughs its workers without sacrificing the quality of services during COVID-19 outbreak. In
addition, the Group is avoiding incurrence of non-operating cost such as valuation cost to
maintain sufficient cash flow for the Group’s operation.
Based on internal assessment, the Group did not expect significant change in the fair value
as compared with the carrying amount of the freehold land and buildings despite the
prevailing impact of COVID-19 outbreak on the hospitality industry.
The business situation of the Group is improving under Phase 3 and 4 of the National
Recovery Plan. The Group will address this matter in the current financial year.
b) Material Uncertainty Related to Going Concern
As disclosed in Note 2.7 to the financial statements, which disclosed that the Group and the
Company incurred a net loss of RM14.201 million and RM16.317 million respectively during
the financial year ended 31 March 2021 and, as of that date, the Group’s and the Company’s
current liabilities exceeded its current assets by RM2.519 million and RM53.909 million
respectively thereby indicating the existence of a material uncertainty which may cast
significant doubt about the Group’s and the Company’s ability to continue as a going
concern. Our opinion is not modified in respect of this matter.

Wait at 0.40.

Better talk professionally as you should be a professional investor.

If you can talk sarcastically, why can't you allow others to talk sarcastically?


Posted by OTB > Nov 26, 2021 10:25 AM | Report Abuse

I do not think you can get it at 0.40. I just talk sarcastic here.
If you feel cheap enough, then just buy and hold.
Thank you.
26/11/2021 10:29 AM

OTB Please drop more, the best can drop until 0.40.
I hope rr88 is right.
24/11/2021 10:17 AM

0.40 is coming?

Very high debt is still not settled.

For example, if the organization owns 70% of the subsidiary and a minority partner owns 30% and subsidiaries net income say $1M. The non-controlling interest would be calculated as $1M x 30% = $300k. This $300k would be placed on a non-operating line item on the Income Statement.

Wa lupa AGM walaupun registered earlier. Very good QR.

This week, Serba Dinamik forfeited its RM2.42 million deposit for a proposed purchase of an eight-storey office building in Putrajaya from AwanBiru Technology Bhd for RM24.2 million. Awanbiru announced this on Wednesday.

The sale was mutually called off after Serba Dinamik failed to complete the purchase of Block 12, Corporate Park, Star Sentral @ Cyberjaya in accordance with the terms of the sale and purchase agreements (SPAs) inked in February.

https://www.klsescreener.com/v2/news/view/907203/scib-terminates-six-epcc-contracts-in-qatar-and-oman-to-mitigate-long-overdue-debts-risk

Oh no. Pump and dump.

财经 Espresso｜大股东卖完凭单 世霸遭勒令停牌
https://www.youtube.com/watch?v=hlZpDEw2uhg

https://www.klsescreener.com/v2/news/view/898329/bursa-securities-suspends-serba-dinamik-until-further-notice

Bursa Securities suspends Serba Dinamik until further notice

4 hari lagi lah. Bukan 3 hari.

No trading is allowed means dead.

交易所补充，斯巴活力在完成上述指示之前将继续暂停交易

No trading is allowed on Monday and Tuesday by Bursa until the SIR is published.

Tak akan buka selagi SIR is not published in Bursa.

Most important is got buy and sell i.e. trading. Who buy or sell is not important.
No trading means die.

No trading is allowed till SIR is published in Bursa announcement.

Gone case.

吉隆坡22日讯）大马交易所提醒投资者，留意斯巴活力（SERBADK，5279，主板能源股）9月6日公所公布的特别独立调查结果。

大马交易所意识到，独立调查报告截至9月30日的最新结果，在10月21日只传达给4名独立非执行董事的其中3人。

交易所也意识到，该公司没有依据上市条例第9.03条文公布相关调查结果。因此，交易所已经指示该公司 在10月26日之前公布最新的调查结果、立即公布交易所下达的指示，以及若没有在限期内公布调查结果，便得继续暂停交易。

同时，交易所补充，斯巴活力在完成上述指示之前将继续暂停交易。上述指示是为了确保上市公司及时公布讯息，让市场透明地掌握资讯。

https://www.klsescreener.com/v2/news/view/898571/%E5%A4%A7%E9%A9%AC%E4%BA%A4%E6%98%93%E6%89%80%E6%8F%90%E9%86%92%E6%8A%95%E8%B5%84%E8%80%85-%E7%95%99%E6%84%8F%E6%96%AF%E5%B7%B4%E6%B4%BB%E5%8A%9B9%E6%9C%886%E6%97%A5%E5%85%AC%E6%89%80%E5%85%AC%E5%B8%83%E8%B0%83%E6%9F%A5%E7%BB%93%E6%9E%9C

交易所也意识到，该公司没有依据上市条例第9.03条文公布相关调查结果。

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3203052

Kindly be advised that Bursa Securities had today issued a directive to SERBADK to:

(a) make an announcement on the findings from the Factual Findings Update on the Special Independent Review by 26 October 2021;

(b) announce Bursa Securities’ directive immediately; and

(c) impose a suspension of trading on SERABDK’s securities on the next market day after the directive deadline, in the event of non–compliance to the directive.



Please refer to the media release by Bursa Securities dated 22 October 2021.

https://klse.i3investor.com/blogs/PublicInvest/2021-10-22-story-h1592827571-IGB_Berhad_Sells_London_Asset_For_RM1_2bn.jsp

JUDGEMENT DAY.

It is rare for major shareholders or their professional managers to talk about privatising undervalued companies within the group publicly. If a privatisation is on the cards, they should just firm up the finances and launch the takeover.

There really is no need to talk about it in public, unless they are really not serious about it.

https://www.klsescreener.com/v2/announcements/view/3395263

https://www.enanyang.my/%E8%B4%A2%E7%BB%8F%E6%96%B0%E9%97%BB/%E8%BF%91%E6%9C%9F%E4%B8%80%E7%B3%BB%E5%88%97%E7%AD%96%E7%95%A5%E8%AE%A1%E5%88%92-%E6%88%90%E5%8A%9F%E6%9C%BA%E6%9E%84%E4%BB%85%E5%B1%9Eceo%E4%B8%AA%E4%BA%BA%E6%83%B3%E6%B3%95?utm_source=telegram

https://www.enanyang.my/%E8%B4%A2%E7%BB%8F%E6%96%B0%E9%97%BB/%E8%BF%91%E6%9C%9F%E4%B8%80%E7%B3%BB%E5%88%97%E7%AD%96%E7%95%A5%E8%AE%A1%E5%88%92-%E6%88%90%E5%8A%9F%E6%9C%BA%E6%9E%84%E4%BB%85%E5%B1%9Eceo%E4%B8%AA%E4%BA%BA%E6%83%B3%E6%B3%95?utm_source=telegram

https://www.klsescreener.com/v2/announcements/view/3395263

No money lah.

There is an element of funding. It will cost money to take the stock (BLand) off the market.

11 years already, BJCorp also cannot reach RM4, what more RM10. Laugh die me!

Personally, I think if you do the sum-of-parts valuation on BCorp, it can be worth RM3.85 to RM4.57 a share… so I could be worth many dollars more. Personally, I think it will get there over time,https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2017-09-26-story-h1451500743-Tan_Sri_VINCENT_TAN_Thinks_BJ_CORP_is_Worth_between_Rm3_85_to_Rm4_57_Ca.jsp

No money lah.

“我们预计疫情将持续到明年中，如果超出预期，那么可能需要启动B计划。就目前而言，我们每月削减约700万令吉的成本，所以一切还能应付，并需要在接下来的1年内坚持下去。

At least 3 years to be patience.

Wait privatise. Wait for 3 years lah. Why no patience?

Wait patient for them to sell within 3 to 5 years time. No point argue.

https://www.klsescreener.com/v2/news/view/849575/serba-dinamik-md-forced-to-sell-another-95-million-shares

Very soon, the MD will be force-selling to zero shares.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3172486