Posted by kamirise360 > 2021-11-10 15:38 | Report Abuse

But if win, will win a big jackpot!

Posted by risekita8 > 2021-11-10 15:41 | Report Abuse

Everyone hope like that too

Posted by treatshijau > Nov 10, 2021 3:28 PM | Report Abuse

still hoping the outcome reveal now
the good way to move forward
let see soon

Posted by risekita8 > 2021-11-10 15:42 | Report Abuse

But now, SCIB responded that the AR will be ready in December only.

Expect the suspension until December too

Posted by hanna20 > 2021-11-10 15:44 | Report Abuse

it can be real havoc

osted by treatshijau > Nov 10, 2021 3:28 PM | Report Abuse

maybe chaos
will be interesting



Posted by Layman2020 > Nov 10, 2021 3:22 PM | Report Abuse

Imagining of the first day after trading resumed, what price should i parked to buy in. Can or not? hahahaha

Posted by hanna20 > 2021-11-10 15:45 | Report Abuse

Either bad or good SIR, the effect will be so big.

People will buy more or will sell out

Posted by InsiderShark > 2021-11-10 15:47 | Report Abuse

#TangkapKarim

Posted by Layman2020 > 2021-11-10 15:50 | Report Abuse

SCIB no SIR la, is Annual Report, AR.

Posted by shortinvestor77 > 2021-11-10 16:21 | Report Abuse

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

Posted by wongchin > 2021-11-10 16:23 | Report Abuse

I think scib did the right thing to announce the terminated / non ex... contract. At least this will give confidence again to investor on the long run. Share price will rise again with good book management. Hopefully sd will follow scib foot step if there is any to terminate or cancel.

Posted by peterchua > 2021-11-10 16:28 | Report Abuse

Bojed pointed a good point. The website look very elusive with little details on the management, owner etc. Plus the wording 'sefty policy' instead of 'safety policy' rings a bell. Probably only the certificates probably that can be a comfort point. For local contracts, probably more easier to verify.

Posted by linheng > 2021-11-10 16:43 | Report Abuse

Haha. 2 months to clean the accounts. No worries. Everything will be good when suspension is lifted. Meanwhile all cannot trade.

Posted by IdleMoney66 > 2021-11-10 16:44 | Report Abuse

When the time glove company at higher price, many people keep saying buy and hold.
In addition, there is a telegram group imitating GME to ask followers do short squeeze of Topglove shares.
Hahaha. Look at topglove now. Where are all the optimist? They have trapped lot of people and make their life suffer
Now, you still have chance if you truly believe on Karim management

Posted by bojed > 2021-11-10 16:46 | Report Abuse

Peterchua: For a company that awarded a USD60 million contract to Serba and a USD62 million contract to SCIB, I expected a very professional website but I was served with what looks like a HTML project back in dot com boom age.

Pavilion Qatar's organization chart is one of a kind too. See it for yourself here: http://www.pavilionqatar.com/organisation-chart.html

Serba's USD60 million contract https://www.theedgemarkets.com/article/serba-dinamik-secures-seven-contracts-0

SCIB's USD62 million contract https://www.theedgemarkets.com/article/sarawak-consolidated-industries-bags-two-contracts-worth-rm271m

Posted by bojed > 2021-11-10 16:53 | Report Abuse

I'll give them the benefit of the doubt, maybe SCIB were duped by those companies LOL!

Posted by joyvest > 2021-11-10 16:54 | Report Abuse

Fishy
1. all non existent contracts terminated and or Cancelled.
2. non existence of receivables and payables ( but still paid out for the obvious reason)
3. Receivables written off as bad debts
4. Payables are financed by borrowing
5. Payables are still chargeable to Income statement as legitimate expenses
6. Full contract value ( up to termination ) is still taken as sales
7. Reporting loss is expected to be l shown in AR
8. Gearing is up due to irrecoverability of receivables
9. Loss is compounded
10. Inability of Company to repay debts/Loan in the end
11. kiss and say goodbye
10/11/2021 4:51 PM

Posted by joyvest > 2021-11-10 16:54 | Report Abuse

All the auditors , past and current have been fooled

Posted by Jenny > 2021-11-10 16:55 | Report Abuse

哈哈，呵呵很搞笑。画公仔已经画出肠了。都是fake project。

Posted by Jenny > 2021-11-10 17:05 | Report Abuse

不terminated 就很大问题了，不然就会变成是假账，所以趁审计还在继续的时候来一个这样的操作！！！！
高啊！Karim n Rosland 佩服佩服
所以前几个季度的业绩都是假的，呵呵
还是 那个 anson liew 厉害一早就看得到中东的project有问题，呵呵

Posted by joyvest > 2021-11-10 17:09 | Report Abuse

KPMG has vindicated their concern with resignation, not to put their reputation in disrepute but other auditors are still blinded to it ..WTH

Posted by joyvest > 2021-11-10 17:11 | Report Abuse

no need to investigate any more as contracts have been terminated .. end of the story.

Posted by Jenny > 2021-11-10 17:56 | Report Abuse

所以我说高就是酱

根本整个项目都不存在的，应收账款那边的数目全部都是假的。他如果不terminated 就是变成是假账了。

这种管理层真的很厉害骗！！！！！！

Posted by gemfinder > 2021-11-10 17:59 |

Post removed.Why?

Posted by angelo > 2021-11-10 18:05 | Report Abuse

Layman2020 The counter already suspended but the naysayers still very very busy here. Wokahkahkah......

Posted by angelo > 2021-11-10 18:07 | Report Abuse

All these naysayers will be very disappointed once suspension lifted and if its share price going north.

Posted by civicfk8 > 2021-11-10 18:11 | Report Abuse

Let's just hope this 2 month got project coming in before suspension end..

Posted by AnsonLiew > 2021-11-10 18:34 | Report Abuse

hahahahahahHaha oredy told u all qater oman prject all fake one la Lol

where got such good deal rm 800mil to build some houses?????? walao now scib sendiri terminated the projet but without penalty from customer walan so good tis customer ah hahahahahahaha


obvious la clients and supplier all same person left hand to right hand simple settle mah

if not settle nexia wouldn't approve ar la

super big scammer karim n rosland team

i invest many year but never see tis kind of management

x tau malu

wakakakalalala

Posted by AnsonLiew > 2021-11-10 18:34 | Report Abuse

i reody warn u all must run when share price at rm2

now bad karma all hit u wakakakakakaka

Posted by AnsonLiew > 2021-11-10 18:37 | Report Abuse

tis sentence come from big mouth karim n rosland

" we eyeing to achieve 2bil cap by tis year end"

really x malu big scammer all loss money of u Lol

wakakakakakaka

Posted by Layman2020 > 2021-11-10 18:37 | Report Abuse

There are still many government projects awarded and running too. For the time being it is a positive news in this turbulent sea. At least investor is more clear on the situation and foreseen a fine tune before AR out.

Posted by AnsonLiew > 2021-11-10 18:38 | Report Abuse

yes kah????????
haha haha haha haha

sure boh
betul kah

Posted by Layman2020 > 2021-11-10 18:38 | Report Abuse

Still same opinion. Gradually going up once confidence is back.

Posted by AnsonLiew > 2021-11-10 18:38 | Report Abuse

god bless u

Posted by Layman2020 > 2021-11-10 18:41 | Report Abuse

Anson Liew might be KPMG auditor for Serba before. Or insider. Hahahaha

Posted by AnsonLiew > 2021-11-10 18:41 | Report Abuse

gg bad news

wakakakalala

serbadk sue e&y

hahahahahahahhaa

Posted by cicakman > 2021-11-10 18:42 | Report Abuse

Die standing.

Posted by Layman2020 > 2021-11-10 18:45 | Report Abuse

I always think, everyone go shout at any counter for shares drop, the possibility of hit is always high. Not because he knows, just because it is the trend. Once up profit taking going down, if he able to shout in SCIB last time from rm0.6 to rm6 which no one able to predict before,.then he is hero. Blind man guess 9 point only la

Posted by Layman2020 > 2021-11-10 18:48 | Report Abuse

You can go Topglove shout crash for one month, next month maybe some of the newbies think you are God again. In fact many made profit from the gap up gap down trend already.

Posted by yingzhe17 > 2021-11-10 18:48 | Report Abuse

They terminate fake contracts to avoid audit.

Posted by josephn > 2021-11-10 18:52 | Report Abuse

Afraid auditor find out money laundering activity in Oman and Qatar, cooked order books gone.

Posted by josephn > 2021-11-10 18:54 | Report Abuse

80% revenue gone, remaining 20% local order books only.

Posted by Jenny > 2021-11-10 18:55 | Report Abuse

serbadk控告 e&y了。如果你还觉得有希望的，请去检查你的智商。

Posted by yingzhe17 > 2021-11-10 18:55 | Report Abuse

Bye bye scammer. Bye bye epf money

Posted by leno > 2021-11-10 18:58 | Report Abuse

Fortunately a lot of our COMRADES
manage to escape due to our early warning.

Only left 2 donkeys still holding scib
now talking to each others like in dumb and dumber movie.

Posted by investorbat > 2021-11-10 19:45 | Report Abuse

Market cap 120 mil, receivable from mid-east 560mil !! Order book drop significantly. As i said before,projects progress will be heavily delay due to covid and rising material cost,guess massive losses coming .Management admits it is hard to secure fund at this time,good luck

Posted by josephn > 2021-11-10 19:47 | Report Abuse

Serbadk everyone also sue, sued shoplot KPMG, I3 investor forum, Bursa, Independent directors, EY, Banker, EPF, fund manager, Customer and creditors, also sue ikan bilis not supporting them.

Posted by josephn > 2021-11-10 19:49 | Report Abuse

Titanic is sinking, they blame everyone except Allah their God.

Posted by aleroe > 2021-11-10 20:02 | Report Abuse

Let’s not bring God to the discussion

Stick with facts yah

Posted by Aaron_tan > 2021-11-10 20:11 | Report Abuse

Terminate anything that is fraud

Posted by InsiderShark > 2021-11-10 20:29 | Report Abuse

#TangkapKarim

Posted by Jenny > 2021-11-10 20:32 | Report Abuse

除去中东拿到的project 还有 几分政治委任的project 其实scib 手头上的project value 不会超过2亿马币。
这个公司很明显是用来炒的，其实很多东西都是空壳来的。karim 和 rosland 在warrant 那边一早就赚的满满了，再加上后面操作的不见得光的股份，赚了多少你们自己算吧。现在留在手上的股份都是门面做给你们看罢了。