Aiyaaa regret no topup digi when it was 3.5 haha

ready to topup serbadk tomorrow

wow systech fast 100% goreng just now

serbadk is one of those higher risk counters whereby if you arent keen on their direction of continuously getting involved in multiple types of projects/services, you shouldnt consider touching it

I, for one, likes it so will be looking to add on opportunity

ppl bring up comparisons every now and then...before transmile there's sapura...nothg wrong though, ppl just dont want to see bad things repeating itself(maybe some do)

thing is this case itself has brought up that it is not related to monetary or fraud, but as naive retailers & trolls like to do, they quickly pounce on the conclusion of fraud accounting etc etc

wont be the first and wont be the last in stock market

RM2? Possible of course, it came close at 1.9x recently...can it hit it? who knows...no one foresaw dnex cacn reach this price from ~0.2 during Christmas right haha

as for bolded part, yes that's the concern, and that's the risk...which is why this is high risk right? if got massive pile of gold, you wouldnt call it high risk already

it depends which side of the fence youre on..if for you any accounting issues means fraud, then so be it

you are setting 1.0 & 2.0 as range for risk assessment, which differs from person to person

not really, because to me kpmg would have walked away instead of requesting for 3rd party review, if there's a case of fraud

I never said I'd settle at 2 or any figure did I?? that's putting words in my mouth lol

yes of course you be the judge of your own purchases

i was merely responding to you asking if can hit 2, which i replied that it's possible but where did I ever say I target it to hit 2? or even drop to 1?

errr win what? happy?

am i sensing some annoyance

good for you then to be armchair commentating and not worrying about winning or losing comments

when the relationship/trust between the company & auditor is severed, best thing is to part ways, hence the proposal by one of the director

onus is on kpmg to respond, but as netizens always do they will come out with their conclusions first

same thing why couples get married but divorce years later? kpmg is their auditor for past 7 years, not some recent appointment

yeah if you are already made up your mind serba is doing fraud reporting then just go ahead and sell

yea what i meant was trust from the company to the audit firm, afterall they are the ones paying

not sure what you meant by the bolded part though

those holding serba shares should have attended the zoom briefing by top management at 330pm just now...further explanation on this matter

ahh too bad...there's a soundclip of the entire meeting & Q&A being circulated too, maybe u can go to search in serba shareholders telegram group...if ure a serious inestor u ought to check it out rather than relying on news reports

basically they did a whole presentation of all the 'red flags' and show their answer to kpmg, to which kpmg still havent revert to this date

first of all u need to check what was being announced, bolded part clearly shows u are not correctly following what's being relayed to the public

kpmg raised red flags, nothg wrong at all, many audits raise red flags here and there but they are usually resolved in a timely manner...it is the sequence of events which followed, whereby they raise red flags to independent director(s) first, then independent director(s) which are not involved in day2day operation inform the management, and management subsequently provided evidence to kpmg within 3 days, to which kpmg has yet to revert, which caused the audit to be unable to complete hence resulting in change of fye

all the red flags including the said 12 confirmations are all already presented with their replies to kpmg in the zoom meeting yesterday for those who attended...most of the media/press did not report on these...but i do understand not many will want to dive in and listen since they dont hold or intend to buy any of karim shares, so can just jump to own assumption transmile la enron la london biscs la 1mdb la

This post has been edited by SGSuser: May 30 2021, 03:23 PM

hehehe...normal la confirmation bias in us humans...everyone has their own beliefs and when somethg happen which tend to support their views, time to jump the gun~~

thats why not everyone buys,hold or sell the same counters