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Starting to think most people on this board is just trying to ramp this price up...
Really hoping results will be positive, as seeing these big drops come around each day is pretty concerning, unless someone can explain why it drops so much daily?
I'm pretty newish to investing, so any info would be great.
At these prices it’s a real good buying opportunity
I’m hoping for a slow steady rise this week and then next week slightly higher with results week commencing 21st @ some point during the week!
Would say the same , any dips would buy more
Last week of June I’m going with
When are you expecting results?
Just topped up! Not long now till results
Thanks Hamodeh! Fingers crossed for all here!
Of course he left ?? They appointed Zhan Azmi.
https://www.google.com.tr/amp/s/www.nst.com.my/amp/business/2020/07/606602/serba-dinamik-appoints-new-group-cfo-non-independent-executive-director
I know you are not deramper. Realy thank you for sharing all news.
Anyway, i will leave the board now till result day.
Hilly, thanks for sharing.
Curious as to where you see this heading this month? Assuming revenue projections meet those preliminary numbers and if the exceed estimates.
Also, what is the collateral risk of any potential fallout from Serb?
BTW I am not a deramper. I am just concerned about inexperienced investors getting sucked into complex, obscure investments when there are so many much better investments out there. Makes my blood boil when people accuse someone of sharing valuable information pertaining to a stock of being a "deramper". As if only the "rampers" need to be heard. Sadly, many LSE bulletin board are flooded with rampers and become puerile kindergardens. Each to their own. DYOR X
https://mplusonline.com/blog/serba-dinamik-holdings-bhd-31st-may-21/
From Serba Dynamik wesbite seems that Syed Nazim is STILL the CFO of Serba Dynamik and is now also CEO of Bion Plc. See last sentence. Where did you read he is no longer CFO of Serba Dynamik?
https://e-serbadk.com/personnel/datuk-syed-nazim-bin-syed-faisal/
ACADEMIC/PROFESSIONAL QUALIFICATIONS
Syed Nazim obtained his Bachelor of Accounting in 2004 from the International Islamic University Malaysia. He later obtained a Master Degree in Islamic Finance Practice in 2014 from the International Centre for Education in Islamic Finance, Malaysia. He also obtained a Certificate in Islamic Banking and Finance Law in 2013 from the International Islamic University Malaysia. He is a member of the Malaysian Institute of Accountants since 2007.
WORKING EXPERIENCE AND OCCUPATION
Syed Nazim began his career with KPMG (Assurance division) as an Audit Assistant in 2003. Later in 2009, he joined MISC Berhad as Strategic Planning Manager. Thereafter, in 2012, he joined RHB Islamic Bank Berhad as the Head of Statutory and Management Reporting.
In 2013, he joined Ibdar Bank BSC(c), Kingdom of Bahrain, as Vice President, Financial Compliance and Administration. In August 2015, he joined the Serba Dinamik Group as Chief Financial Officer and subsequently, was appointed as our Group Chief Financial Officer in June 2016.
Sorry left July 2020 last finance year in which was audited and fine.
Hilly billy time exactly 5.50 when he asked him if serba are supporting. He answered with the word “ massive” 4 years man of support???? Do you think Serba will sell the holding???? Youuuu are wrong.
You are right only only in one thing. As the CEO of Bion was ex-CFO of Serba and that could be problem if approved guilty with audit issues. But listen carefully, the issue was disclosed in this financial year, in which he left in 2018.
These small trades most likely from the free trade app (no commission). It will be massive small trades in the coming days.
If u remember PNPL it was massive small trades around 3-4p before it hit 12p.
Dev Clever from 1p to 37p.
It comes only of the stock going to explode.
However, i cannot confirm yet if from the app or someone. But if continues then definitely the free trade app
Just listen to what he is saying on Serba support
https://youtube.com/watch?v=FyO6u5XouzA&feature=share
@ hamodeh82 you say "They have spend so much money and invested heavily in funds and engineering into Bion". Do you have a link to this info? Thanks
Note that the other shareholders in BION are also closely connected to Serba Dinamik as a concert party. DYOR.
Also note:
https://www.theedgemarkets.com/article/serba-dinamik-shareholder-pnb-has-deep-concern-after-audit-issues-raised
Note that the other shareholders in BION are also closely connected to Serba Dinamik as a concert party. DYOR.
Also note:
https://www.theedgemarkets.com/article/serba-dinamik-shareholder-pnb-has-deep-concern-after-audit-issues-raised
Thank you Bwana.
At 9.47am, it appeared to be mounting a reversal of the sharp decline seen in the past two trading days, rising by 4.79% or four sen higher to 87.5 sen, yielding a market value of RM3.26 billion.
The drop is simply cuz Bion’s free float is very tiny and any sell force the sp to go down.
Its sell time cuz of what’s going around Serba. Once we get the result and fogs cleared on serba this will double in few minutes.
Wish at the result the board mention this line: Bion is a separate entity from Serba Dinamik and the later has confirmed no intention to sell their stakes in Bion. Would be amazing.
Anyway, 100% positive that Serba will not only (not sell) but, instead will increase holding in BION.
Thank you
No reason, but just a chance to top up.
Any reason for the drop in price today?
Very interesting post Hamodeh-really appreciate you staying on top of this rather complicated local politics!!