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@ackem..ceo cooking the book for 2020? or all QR is fake? Then, who auditor since Serbadk listing in Bursa? 2016 untill 2019 what auditor do? Sleep? Haha..very easy to pin point and speculate..Just "hearsay", already get conclusion..no wonder if all trader weak mentality, just hear rumors enough ready..haha
KPMG previous partner in charge might rotate their job after 7 years audit in same company. That is one the reason KPMG this year raise so many audit queries
Bro, auditor cannot always find fraud lah, unless they have hints or sign of fraud, then they do investigative or forensic audit. Normal time only normal test...
If all figure confirm manipulated, now auditor credibility should be questioned..what they do before?? sleep? then if external auditor not do their job since 2016, why now??haha..
Normally auditor will do sampling check either 10%,20%,30%, or full check in sampling period like 1 week, 1 month, 3 months 1 year. This audit procedure is apply globally and that is also the main reason that some auditors cannot find the issue but mainly due to resource constraint.
karim & serba akan bawa semua orang fly to the sky. sky is unlimited,cepat cepat naik kereta, masa tiada tunggu orang, sudah tiada masa utk jelas. karim sdh start enjin
Also, integrity and governance problem are very hard to defend, especially the third shareholder /non-independent director threatened to fire the auditor…in fact, KPMG is brave to bring up the issues than keep quiet
You are right but mean while no use because the account was topsy-turvy. You might as well enter only later when it reaches 0.45 cents, you'll save and make very much more in two months time all in as I said. You don't have to jam ur capital there then make much lesser later.
@Bruce Lee..i'm just make a assumtion..1w,1m,1y i'm understand..this is 4 years excellent record before 2020. What auditor do? This is not "kilang kicap", auditor must work hard to do their work..if we as investor/trader can't depend on fundamental record, this bursa look like a gambling place..haha
have u ever heard one quote , if u have hubungan dengan saya, apa yang u buat i tak nampak. if u dont have hubungan dengan saya, apa yang u buat i semua nampak. i really feel that this is a game of politic. as easy as that
As for now, no concrete answer..anyone can make a assumption, no one correct, no one wrong..just time will prove it. For me, Serba is good company and fundamental..what happen now is overselling and speculation only..hopefully! haha
why overselling because big fund throw ticket.why big fund throw ticket because they are not confident and scare. u thinks you small small fish can control the market. Only big fund/fish can control the price, big fish throw ticket mean they/epf also scare.
serba is good fundamental in current and previous but in future? you got thinks about in future serba still is a good fundamental company? use some brain to thinks why in previous epf hold serba ticket because good fundamental not need you to say, 3 year old children also know. But in future serba still good fundamental with reputation affected, still got client give this company project with confident? if not project, company still can survive? add on current serba cash in hand poor
current cashflow less, is a big issue, when not cash to operation, should loan money from bank? shareholders? make pp produce more ticket sell to others? when ticket more will affect what, thinks yourself
i
not say not good, if u want buy then buy and i also didnot ask you don buy. u and i will not effect to the price, strong cashflow will make shareholders confident,
haha laugh die me, invest must take good company in future, so many stock in klse can pick, why pick a poor cashflow serba, poor reputation, and also big fund/epf throw ticket. this is not invest, is call gambling, i know genting casino not open now so many people likes gamble in klse. haha
@Ang ang..haha..what u said is base on what? Fact or just assuming? How many % institution throw their share? They still hold a lot sir..haha..sure ikan bilis like me can't control the price..But i'm still not understand, so many counter with negatif profit like Airasia, Dataprep, Jetson, latest Avilion jump to the moon.. U talk about good fundemental, how counter with worst fundamental still can life in bursa!! Fundamental not valid in bursa..haha
When the good track record company since 2016 facing so call "false account" issue, meanwhile counter with worst record with negatif earning every year and quarter is "very good" in the eyes of "good" trader and investor..haha..what the joke!
@inwan, syndicate like to goreng penny stock as these syndicates cannot afford to goreng exoensive counter. those below 20 cents are syndicate favorite
Not vs lah, just seeking second opinion. This is an interesting development and is good for Malaysia market….if you see AAX, their quarter report reversed more than 3billion assets (leased assets) and there is no explanation in the report….I guess management purposely doesn’t want to disclose or omitted by error…and nobody from authority question them