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With it being COP26 and the company involved in green Energy,this should have been the chance to shine,hurry up and tell us something either way!!!
Interestting read:
https://www.theedgemarkets.com/article/alternative-views-unprecedented-developments-serba-dinamik
Thanks roppyus , very interesting read
Have to look at debts owed to Bion and the exchange of assets , not sure if this was serbia dinamik.
Anyway will check
https://www.theedgemarkets.com/article/serba-dinamik-challenges-bursa-court
Buys them a bit more time, but the truth will out. Surprised EY have got involved.
https://www.theedgemarkets.com/article/serba-sues-ey-seeks-block-any-sharing-review-findings
Obviously don;t want details released of financials. Its all very embarrasing for a large company. Hopefully BION is far enough away from them to avoid most of the flak.
Found tis Serba forum:
https://klse.i3investor.com/servlets/forum/800005607.jsp?ftp=1627
They seem to think SD will fold, but kpower and SCIB will keep trading. Might be a good sign for BION.
Lots of talk mentioned about solar energy etc on the news during COP26 and here is us sat in detention….great stuff
Hopefully someone will see potential and buy out SDs involvement in Bion.
The silence here is really p1551ng me off
Been confirmed to me update due by end of month!
Somehow think that there's a link , one that if Bion release there results will show a transfer of Assets to Bion and at a discount.
Did highlight that Bion was owed in RM millions and a trade was offered.
if SD was going under then transfer assets , hence way auditors will not sign off audit.
speculation but fits
Well not many days left Itacon , very frustrating
Yep 5 working days left now, if indeed they do intend to update the market at all
Hope I'm wrong, but I can't see nothing getting announced this month, apart from the normal "due to the ongoing audit, we can't"
The same thing we've all heard for months now.
Absolutely pathetic company.
Fuming with myself for not doing research and getting sucked into this share by rampers on other forums.
Wish all the genuine investors on here the best of luck. We need it.
Looks like Serba are going to have to release the details of their finances (Bursa taking them to court). Hopefully we can avoid any flak.
Jcx1987 not aware of ramping on this site , Serba are linked somehow all was positive on gross revenues 8 months ago and since then delays for accounts.
As for research have look deep and seen no indications of Bion except the large amount of debt owed to Bion and was partly reduced in equity swap in assets to Bion.
May be one thing missed is culture and loyalty within there country , i do suspect and just my feeling assets were transferred from serba at a discount to book value.
Any way we are at the mercy of accounts data
https://www.theedgemarkets.com/article/serba-dinamik-faceoff-regulators
Really not sure what to think anymore. Serba still bringing in revenue, and still a going concern. If they can release a quarterley statement despite COVID, then BION should have provided their own accounts by now. I understand they are connected, but Bion should at least give the impression they are an independant company, or what have we bought shares in?
https://www.youtube.com/watch?v=kuaCw9WxGhc
At least there still have projects active
Eight months to get the accounts out is just taking the mick ; could of released a statement that we believe turnover is X and pre-tax profit is X.
Very frustrating ; also very hard to find information that may give clues.
It started with rubbish excuses like there’s been a fire,where is the offices,on the surface of the sun? they fixed Chernobyl quicker than this!!!