The Story of Serba Dinamik Is About To Be TOLD. Eyes Without a FACE!!

is the monster hit from rocker Billy Idol, with a little help from Perri Lister singing in French;  Les Yeux sans visage, pointing to the 1960's French movie Les Yeux sans visage/ Eyes without a face.

I left a clue previously,  those keen on Serba Dinamik are not bothered about the share price, but rather in the business itself. READ ;  The story of Serba Dinamik Has Yet To Be Told. Part 1. Got my mind set on you.

So alive and new

But it's gone from your eyes
I'd better realize

Eyes without a face
(Les yeux sans visage) Eyes without a face
(Les yeux sans visage) Eyes without a face
Got no human grace
Your eyes without a face
Such a human waste
Your eyes without a face

Media' licensed to operate, has since then not discounted the possibility. The latest being a new news portal with links to Health Minister Khairy Jamaluddin, who himselves fancy his chances of being Prime Minister.  READ ;  Invicible Hands Strikes Deep Into The Heart of Serba Dinamik.

Strike they did, but WHY?  Actually,  there is nothing dramatic about the WHY.  

It is the same old story that started on the day ADAM 😂 ate that damn apple after the jealous snake convinced  Eve 💁‍♀️🧏 that it is okay to have just a bite🤦.

Envy started it, while Mohd Abdul Karim Abdullah own persona stirred the hornets to buzz a bit more.

Mohd Abdul Karim Abdullah' billions  didn't change his outlook in life of  being true to his GOD, his faith and to his Prophet.. 

Basically, he had his feet on the ground, and judged people for who they are and not their bank balance or political  clout or how big a gangster they are.

Those of you who have been to Sarawak and mixed with the power crowd, I am sure will understand. For those of you who have not been there, well the high society there is very English in their ways and still insist on munching English cookies during tea time...in their gardens mind you.. 

These  factors  made Mohd Abdul Karim Abdullah stick out like a sore thumb in  Sarawak's high society.

They just couldn't get it,  how can this  Mohd Abdul Karim Abdullah be able to THIS,  when he was not one of them.

If you are wondering what is THIS, READ : Introducing Serba Dinamik, The Stock That Zoomed 218% In The Last Three Years

And so they hatched a plan. I on my own accord has named that plan as the TRI plan. As we all know TRI was owned once upon a time by Tajuddin Ramli

Tomorrow PART 2 :  TRI  : We will NOT go DOWN without a FIGHT

 

 

Nanyang. Do You Like Drugs?

is a song from Miguel from his critically acclaimed Kaleidoscope Dream album released in 2012.  

After going  through Nanyang's latest article on Serba Dinamik READ ; No news does not mean good news. ( The report is in Mandarin.  Please use your Google Translator,  and apart from Serba Dinamik's name, the translated version has captured the spirit of the article well)

I was taken aback by the article for various reasons. 

 And yes, the first one was is the person intoxicated, out of this world and out of his or her mind to write such a piece,. 

Followed  by how on earth can a business editor approve for such an article to be published, when clearly even the basic facts were incorrect

Do you like drugs?

Have you ever felt alone?

Do you still believe in love?

Well do you like drugs, do you like drugs

The core information by Nanyang, I am so sorry to say is WRONG.,  

Why is it wrong?  Well for one thing, even though Serba Dinamik is paying for the special report by EY,  the EY team by law do not have to report to the Serba Dinamik Board of Directors.

The special auditors report only to the regulator, and only the special auditor and Bursa Malaysia will know for sure on when the report is completed and when it will be announced. 

For all intent and purpose apart from picking  up the audit bill, Serba Dinamik  is merely a by stander. 

If Nanyang wanted to attack the laggardness of the report,  the Chinese news paper should look no further than Bursa Malaysia.

The other thing wrong in the article to me was a lack of description given by the writer on how deep an effort was made  if any,  to reach out to Serba Dinamik.

What Nanyang  got  right was the spirit of the article,  which in essence captures what I have been trying to say all along.  

That the market needs more information, timely information  and an estimate time frame on when the EY report will be ready. 

 This in turn will provide investors, speculators and gamblers with a basic information tool kit for them to make am assessment on the level of risk they are prepared to take. 

After that,  if shit happens then it is on the risk takers own head.  Bursa Malaysia, however did no such thing.

And what did the so called Minority Shareholders Watchdog Group do when Bursa Malaysia did no such thing? 

Well it proved to the World that it is Bursa Malaysia 's best lap dog by not voicing out in public,  that the stock market regulator's lack of action made it possible theoretically for the people in EY and Bursa Malaysia as well as their close friends to have an unfair trading advantage. 

Such mischievous trades could be done via proxies that a competent stockbroker could arrange easily. 

An interesting dimension to these type of proxy arrangements these days,  when done professionally,  will be hard but not impossible to detect,  but also difficult  to prosecute.

Theoretically,  the mischievous trader will be able  to take a lie detactor test,  saying he has never met the proxy and has never been in  the same room with the proxy .  The mischievous  trader will pass such a basic test   because the statement he had just made  is 100 per cent accurate 

I had also urged Bursa Malaysia  to use the Serba Dinamik special report being done by EY to educate the market on what is a special report, why is it needed; who pays for the report anf  to whom the auditor will present the final report to.  

All these are well documented in my blog  but Bursa Malaysia will do no such thing,.

Come Merdeka eve, we the market players

can toast our grandfathers on their wisdom of teaching us the wisdom in understanding the significance of the meaning a fish rots from the head onwards.

A bit latter in the evening when we are in our study, it will dawn on us that our FISH has rotten so far off the head,  that perhaps incompetent Ministers are the least of our worries. 

Now  we also have lazy and unimaginative  regulators and business editors who no longer no an iota about business to look out for.

What's next then ? Pilots who don't know how to fly an aeroplane!!!

The Vibes. WTF

is a song that made English singer Amber Van Day and French Dj Hugel famous . The single peaked at number 12  in 2019  after spending some 26 weeks on the charts. 

After reading a report on The Vibes,  I was shell shocked and could only manage to repeat the words to this song. 

What The Fuck

What The Fuck

What The Fuck

What The Fuck

And history was my strongest subject, from SRP to STPM,  I always got A for History. 

So if this report is accurate READ ; Who besides Dr Mahathir was a 2-time PM? 

.then I got only this to say to the educationist and Malaysian History book writers  from my time to now WTF lah!

The Serba Dinamik Trade Today. Don't be sad

is a song released last year by TV star turned song writer turned pop star  Tate McRae.  What she will turn out to be next, Nobody knows except she has always upgraded herself to be better than before.

Fear of the unknown have striked Serba Dinamik shares today. The share is down by just 3.4 per cent to trade at 41.5 sen on low volume, as investors, speculators and gamblers of chat sites dedicated to trading stocks gossip about the up coming quarterly results,

which some claim must be out today.

Wasted all my money, throwing pennies in a fountain
It's not easy tryna tell you how I feel
When all you ever say is

Don't be sad, the sun is shining
Just be happy, why you whining?

And Do READ ; We are back in the business of delivering RESULTS

Sim Tze Tzin . Free Your Mind

is song taken from the critically acclaimed album Funky Divas,  which was released in 1992 by the all girl group En Vouge.

After reading the Vibes article quoting a human being called Sim Tze Tzin, who happens to be a former deputy agriculture and agro-based industries minister, I must admit only two thoughts  crossed my mind.

The first was, never in my entire life, have I come across an adult who willingly made a statement to the media, so that the readers can gauge how idiotic he is . 

Let's review his statement  on KETUM 

Statement number ONE

Sim said that the herbal plant was used by the country’s forefathers as an energy booster drink after a hard day of toiling in the farms and plantations.

Statement number two

“But the modern generation sees it as an addictive stimulant that can generate euphoric effects for its users.

What is the bugger trying to say...if I take KETUM after a hard day' of toiling in the farms and plantations.... IT IS OKAY  but YOU, my friend who happens to work in  an office takes a sip from my glass of KETUM because it can generate euphoric effects for your good self,  then you are dirt ball addict who have just committed a crime.

APA MACAM SIM,  lu punya logik boleh jalan kah atau nampak  CACAT?

The second thing that came to my mind was :  

Free your mind

And the rest will follow

Be colour-blind

Don't be so shallow

Free your mind

And the rest will follow

Be colour-blind

Don't be so shallow

READ ;A man called Sim Tze Tzin has just outdone Forest Gump

NOT yet the First Cut but.. Hungry Like The Wolf

is a song written and performed by Duran Duran for their second album RIO way back in 1984,  is the song that won the group the maiden Grammy award for Best Short Form Music Video in the same year.

The knives are not out yet for Ismail Sabri, but the blows intended and not intended has come in fast and furious.

 The Malay Chamber of Commerce was among the first to jump into the ring, with this do not take us for suckers stance READ ; No need to wait for 100 days, just get down on it

And I'm hungry like the wolf
Strut on a line, it's discord and rhyme
I'm on the hunt, I'm after you
Mouth is alive, with juices like wine
And I'm hungry like the wolf

As the saying goes, when it rains, it pours. Johari Abdul Ghani's CI Holdings Bhd delivered to the market YET ANOTHER STRONG SET OF RESULTS, READ : CIHB’s net profit surge 177.2% with 95 per cent of its products exported to 100 countries.

This is what the MCA controlled STAR had to say about the UMNO FT CHIEF, READ : The Turnaround Specialist who over the years earned RM300 million from dividends alone, has his sight set on turning around KUB.

Turnaround KUB is exactly  what Johari has done and proof of that pooding is in READ ; Despite economic gloom, KUB records RM158.6mil in profit after tax.

You would think that here is an UMNO man, respected on merit by the business community, and boast some key factors that was lacking in the Perikatan Nasional  Government, namely RESULTS, DELIVERANCE , A SPECIALST IN TURNING AROUND LOSERS INTO WINNERS, & HAS STRONG LINKS WITH 100 COUNTRIES would surely be a safe bet for either the Minister  Of Finance or even the MITI ministerhip.

The job instead went to Muhyiddin's pick Tengku Zafrul, whoes CV as CEO of CIMB only looks good on paper because for decades  it has always been  Nazir Razak's CIMB.  

For the record, Nazir Razak wouldn't have been a bad choice either for the Finance ministership.

On the opposite side, Ismail Sabri's flag barrier in Pakatan Harapan, Tony Pua got a good hiding 

from his own coalition partners READ ; Pramatang & Terburu buru

Will that stop Tony Pua ?  Hell NO,  for here is a man booted out in the SELANGOR DAP elections by Karpal Singh's son Gobind Singh 

READ : Tony Pua disappointed at not being voted into Selangor DAP committee but feels that he has the right to speak on behalf of the Pakatan Harapan Presidential Council when he himself is not a member of that council.

Tony Pua, should step outside his ivory tower and ask any middle aged or above Malaysian this very simple question.. who was KARPAL SINGH? 

 They will outright tell Tony Pua,  that KARPAL SINGH was from PENANG, aka The TIGER of JELUTONG. 

The words SELANGOR might not even get a mention. That is how far down the ladder, Tony Pua has fallen!

 

Mambang : The Soldier of Fortune

is a stormbringer of a song, remembered even now, but one will never know how it would have performed on the charts. The song written by David Coverdale and Ritchie Blackmore was never released by Deep Purple as a single.

Journalist carry a huge burden, and I will be the first to admit that at one time or another, each one of us had to be a Soldier of Fortune.

But I feel I'm growing older
And the songs that I have sung
Echo in the distance
Like the sound
Of a windmill going round
Guess I'll always be a soldier of fortune

Many times I've been a traveller
I looked for something new
In days of old when nights were cold
I wandered without ....

Trust me on this, the industry will not to admit it, but the norm and standards to that was long established even before I was there and it is still THERE

But what cannot be forgiven is to be a SOLDIER of FORTUNE without finess and skill sets. Readers won't be happy where the reporting looks, smells and feels like biased reporting.

Journey man journalist, Jose Barrock, who had been with STAR, Business Times, New Straits Times, Malay Mail, KiniBiz and now with the Edge, should know better, that his reporting on Serba Dinamik is under par and below the belt.

The journalist should never be the story, therefore if it is not a comment piece, then  one should not put their own view to influence the readers.

READ ; Many following the press conference were stumped, and left trying to recall the last time a lawyer questioned an audit firm’s work. And KPMG is not just any audit firm; it is one of the Big Four accounting firms with offices in some 150 countries and over 227,000 employees worldwide.

How MANY?  and how MANY is considered  MANY.  What if Serba Dinamik, once it settles the audit issue goes through the list of reporters who attended the press conference, and find out that MANY were actually NOT stumped, what will the Edge do? Withdraw the article, admit that the reporting was compromised?

How can that MANY profesional journalist be stumped when even part timers know much better? READ ; Placing KPMG on the accused box for negligence is NOT something new In Malaysia.

If it had stopped there, one could argue that a lack of wisdom and fortitude had won the day, but it did not.

The following lines, I consider more towards YELPING than reporting. VIEW BELOW ;

How MANY times must Jose  Barrock  ask the same question to the Securities Commision's executive chairman Syed Zaid Albar  in a different manner to get the response he wants?

Syed Zaid to his credit was wise enough not to be sucked into that agenda. 

That however DOES NOT MEAN that the SC or its minnion The Audit Oversight Board are competent enough to oversee the mechanisms that govern the audit sector. 

Why you may ask? Well for one, in order to be placed in the competent category one must first be able to do the 9 to 5 work promptly.  

Case in point. View below (they may change it only  after this) VIEW : The Wikepedia Page On SC

If you are not up to par,  lack foresight or even diligence to UPDATE THE  WIKIPEDIA PAGE ON THE SECURITIES COMMISION, i believe , I need not say MORE other than READ : According to publicly disclosed figures, the English version of the website averages about 255 million pageviews a day

Back to the journey man, and what may have prompted those snide remarks on the oil and gas company, Serba Dinamik shall be up in the air FOR NOW.

Looking back,  one MUST NOT FORGET that within the Oil and Gas industry , that ONE,  is best remembered for READ : The Great Oil Discovery that led to a Limit Up of a Stock but then it was discovered....

Discovery can surely heal us all. To discover that the art of hitting below the waist is FORBIDDEN and that it can work both ways as out there in the wild, the ART is known to others as well, the only difference though is they can hit faster, harder and better.

Coming soon Part 5 : Soldier of Fortune : I Run This Town

Ahmad Zahid Hamidi. Back from the DEAD

is a song by rock band Skillet which was released in 2017.  

Back from the dead, is the  feet Zahid Hamidi has engineered, which is not bad at all for a man facing 47 corruption charges. 

A man, pushed to the sidelines, and cast off as a lame duck UMNO president, but nevertheless had enough life to bring down a sitting Prime Minister. READ : Unstoppable Muhyiddin Yassin Crashes Down To Earth

We are strong, we will rise
Cause I'm back, back, back from the dead tonight
To the floor, to the floor, hit the red line
Flying high, flying high at the speed of light
Full of love, full of light, full of fight.

The new Prime Minister has expressed a 100 day wish, READ : The 100 Day Target For Ministers .  My estimate is Zahid Hamidi will only give Ismail Sabri a minimum  of 22 DAYS while the maximum will be 61 DAYS

What's with the EXACT number of days?  Well in 22 days time Malaysia's next five-year socio-economic development blueprint under the 12th Malaysia Plan will be tabled in Parliament. 

Add another 39 days to that for the National Budget to be tabled in Parliment on October 29. By that time the charade and parades will be over for Ismail Sabri.

One man not into this type of Wayang Kulit and whoes  name is rising in the corridor of mosque but not in Putrajaya,  is a man, most Malaysians do not know much about, but if he became Prime Minister, we would well be very glad about this decades from today.

That man is  محمد بن حسن‎; or better known as READ/VIEW :  Tok MAT : Mereka nak bunuh saya!.

Tok Mat was UMNO youth's pick for Finance Minister but Ismail Zabri decided to keep Muhyiddin Yassin 's pick Tengku Zafrul instead.

Sharpened knives are not out yet in the open. It is still all smiles for now but between now and Sept 22 and October 29, Ismail Sabri must accommodate  the following, READ :

1.UMNO Supreme Council ; Get The Registration Of Societies To Stop Haresssing Us & Set Up RCI To Probe Tommy Thomas Claims.

2. UMNO Online : Kerajaan mesti menyantuni kehendak dan tuntutan rakyat berkaitan kebajikan dan kesejahteraan mereka termasuklah penambah-baikan pakej-pakej bantuan rakyat (BPN, BPR dan BKC), moratorium tanpa faedah terakru, pengeluaran i-Citra secara one-off dengan jumlah minimum RM10,000 dan bantuan kepada pengusaha kecil dan sederhana yang terjejas teruk akibat pandemik.

Failure to do so, could well bring  another sitting Prime Minister flat on the ground, as well as prove to the world that Zahid Hamid has truly learned a lesson from the maestro himself, Tun Dr Mahathir on the art of DARK HUMOUR.

Zahid Hamidi  must have been laughing his head out silly when he announced to the World that Ismail Sabri's Government will not be known as the Perikatan Nasional Government, but instead a new most appropriate name have been found READ:  kerajaan perlu terus menggunakan jenama Keluarga Malaysia.

Within hours, cartoonist Zunar mapped out the rest for the Keluarga Malaysia Government,  SEE : Kerajaan Keluarga 69

KELUARGA 69, is a movie directed and starred by Tan Sri P Ramlee and Siput Sarawak. The most poignant line in the movie was READ ; keluarga ini telah menjadi tunggang-terbalik, keluarga songsang, keluarga 69

KPMG. What goes around, comes around

was the third back to back number one for Justin Timberlake. What Goes around, comes around was a huge commercial success , instrumental I'm pushing  up demand for the Future Sex  album.

I have a feeling,  what goes around will come around to bite KPMG's backside. 

KPMG, in its defense papers, seem to be hit with amnesia. No mention  that a sizeable number of entities said to be part of the fraud at Serba Dinamik were Petronas owned..

KPMG playing dumb to the tilt , that it used all cards on the deck but found it impossible to get the information from the Petronas owned units.  

KPMG's assertion cuts no ice considering it is the lead auditor of Petronas.. Why KPMG only made half hearted effort to obtain those info is best known to KPMG

I believe SerbaDinamik was right not to take KPMG seriously. The auditor is unsure if there was any hanky panky even today which is why EY came into the picture.

If you are unsure, why hide behind  the capital markets Act, why run to the SC with truths that only exist in 

your paranoia?

What goes around, goes around, goes around
Comes all the way back around
What goes around, goes around, goes around
Comes all the way back around
What goes around, goes around, goes around
Comes all the way back around
What goes around, goes around, goes around
Comes all the way back around

Barisan Ismail Sabri. Kita Seperti Korban

is a just released song from hip hop rapper Lilyo. Kita seperti Korban , that's how it feels like looking at the new cabinet.

Mungkin  tak ku sedari
kita kuat hadapi
walau banyak jika yang pergi
sedih yang tak bisa dipungkiri
kita seperti korban
dari dosa dosa...

Ismail Sabri is giving the cabinet  READ ; 100 Day's To Deliver.  

The question is why bother. Wee Ka Siong who tweaked the national cabotage policy is still transport minister. READ ; The World Will Not Wait For Malaysia.

As written in my earlier post Nyanyikan Lagu Perang. Depression, suicides linked to money and not Covid.   

So I am clueless how having almost the same set of people is going to change perception. READ ; Net Citizens blast the new linup .

We can always hope for the best, but this Friday really looks sad. 

I believe it is sad enough for UMNO to realise if it wants to call the shots in Malaysia effectively, it has to start talking to DAP.

Tengku Zafrul. Nyanyikan Lagu Perang.

is  a song from Koil, the West Javs based rock band which has a huge following in Indonesia. The song is part of  the 2010 Blacklight album.

Sinar Harian citing Sin Chew  reports 

 READ ; Tengku Zafrul to be named Finance Minister.  

I really do believe, Zafrul when he said that READ :I did my Best.  The problem though, some times we are just out of depth.

Zafrul was Finance Minister for the past 18 months, and during that period,  consumers  spending has declined,  while mental instability kept hitting fresh peak  READ : Malaysian Employees Federation : mental depression was not due to the pandemic but linked to financial problems and difficulty

Also READ ; A spike in bankruptcies may occur at the end of the bank moratorium period especially if the borrowers suffer permanent losses in employment or business income,”

While our economy is not in depression,  the people are obviously  because Tengku Zafrul instead of coming up with New Deal like package for Malaysia,  kept going for quick fixes  such as I Lestari, I Sinar and I Citra.

As a result of those three I', nearly 40 percent cent of EPF account holders have less than RM10,000 in the account. Compare this to READ : Debt Per Citizen stands at RM25,000.

By merely being imaginative, we could have got perhaps 12 to 24 months moratorium for housing and car loans . This could be done by the Government providing  banks some massive tax holidays over the next 10 years in order for them to play ball.

This will reduce people's  burden,  keep them from being stressful  and to those still employed , extra cash in the pocket to burn.  Such measures coupled with Government pump priming the economy as well as providing aid to the M40 group would have done Malaysia a world of good.

NO  such measures took place under Tengku Zafrul's watch and for that he is going to be rewarded by being named Finance Minister again!!!. 

Kalu gitu...Nyanyikan jee lagu Perang ;

Hei hei tidakkah kau bosan menyanyikan keluhan
Hei hei mengharap belas kasih atas mental pengangguran
Pasti ada cara untuk mencari uang
Pasti ada cara untuk bersenangsenang
Badai pasti datang kita tak akan menang
Mengapa harus bimbang
Kita orang pintar dengan otak bersinar
Hanya perlu semangat untuk hidupi rakyat
Kita orang pintar dengan otak bersinar
Perlu lagu perang untuk membungkam setan
Nyanyikan lagu perang

Audit Oversight Board. Bad Moon Rising

is the lead single from the album called Green River by Creedence Clearwater Revival or better Known as CCR.  

The song was a top 3 hit on nothing sites of the causeway some 52 years ago in 1969.

Sarawak Kini has asked a question. READ : IF KPMG ERRED, WILL BURSA AND SC BE SWIFT TO REPRIMAND?

I believe  that the SC would be more than happy to reprimand KPMG and close the case as soon as possible, failing which they know for sure there will be A BAD MOON RISING. 

Well don't go around tonight
Well it's bound to take your life
There's a bad moon on the rise, all right

Hope you got your things together
Hope you are quite prepared to die
Looks like we're in for nasty weather
One eye is taken for an eye

It is  

READ : Serba Dinamik RM4 billion suitagainst  KPMG which will most worry the SC especially  its Audit Oversight  Board.

Lose that case and the implications are READ The Audit Oversight Board & Sub Standard Audit Standards.

The AoB have ruled the roost with arrogance and instead of helping smaller firms by allowing them to form joint ventures among themselves to audit Public Interest Entities, the AoB has become the main factor why many accountants are leaving the audit business.

Syabas AOB, because of you and your so called standards READ ; number of audit firms that could theoretically audit a public listed company has fallen to 39 firms from well over 200 firms.

And you can keep bullying firms such as Afrizan Tarmili Khairul Azhar and PKF Malaysia,  because you have the power to do so, while you can  under the technicality that 1MDB is not a PIE, therefore you haven't moved against KPMG.

But what you gonna do if KPMG loses the case? put in on the tab of the Malaysian Institute of Accountants (MIA),  the body which in all intent and purpose should be running the show!!!

Is Serba Dinamik a victim of hidden hands bent on a hostile takeover? Manusia bertopeng.

is a single by Aus'z which was released some nine months ago. A new news portal has just made a sensational claim that there are some Manusia Bertopeng

behind the entire Serba Dinamik fiasco.

Walau di tikam berkali kali

Aku masih berdiri dan tidak mati

Jadi aku ikut resminya padi

Semakin berisi tunduk ke bumi

Jangan terlalu merendah diri

Takut dipijak bagai tiada hati

Sudah banyak ku simpan maki

Sudah terlalu banyak ku telan caci 

That would explain, Serba Dinamik's aggressive stance in the market place.  The company is already suing its auditors for RM4 billion.  READ ;  Another RM4 billion suit for KPMG

Back to the point, the news portal suggest among others that the entire Serba Dinamik fiasco is part of an elaborate  corporate take over READ ; The Hostile Kind

Will the real Slim Shady Please STAND UP. MAMBANG, (Kalau Berani jemput datang mari bertandang)

is a song from Altimet,  the 42 year old hip hopper who is still a trend setter. Taken from the 2018 Air album, Mambang was a bona fide hit, describing the story of a big name

in selfdoubt

When it comes to Business  reporting in Malaysia,  the Gold Standard has always been the now defunct Business Times .

 And then we have TheEdge, started by a banker and filled with mostly ex Business Times staff.

The Serba Dinamik saga,  is going to make or break the Edge, in more ways then one can imagine, , as some of its editorial staff have crossed the line in their reporting. 

There is something called credible reporting and something called a witch hunt. 

As I said in the previous article that the market has given a premium to KPMG's  credibility  by a whooping 79.20 per cent that it is correct on the major and not minor issues of the audit. 

In the event KPMG is not right by a margin of that size,  I am afraid the Edge  won't 

 be able to hide behind fair comment. 

I was from the Business Times,  and the first thing we learned was to piss straight.

 I was taken aback on The Edge's narrative about auditors getting sued in Malaysia as something out of the ordinary.  Try this for BREAKFAST ;  Ekovest versus  Deloitte.  

Kalau Berani jemput datang mari bertandang
Aku Tahu kau bukan calang calang mambang
Orang Lain basah seluar celah kangkang
Dulu Aku budak baru kau lepas pandang
Sekarang Aku lagi hantu dari kau mambang

 I am not going to put up the link here.  Go do your homework...  Tomorrow PART 4 :  MAMBANG : The Soldier of Fortune

Azmin Ali. Somebody Stole My Car Radio And Now I Just Sit In Silence.

is the smash hit from Twenty One Pilots, taken from the 2011 album entitled regional at best.

We all know, that Azmin Ali is not world  class, while regional at best too seems a bit far fetched. 

Nevertheless, the  man has been trying to deny it 

READ ;  Azmin won’t yank support for Ismail Sabri if not appointed DPM, says aide .  

I ponder of something great
My lungs will fill and then deflate
They fill with fire, exhale desire
I know it's dire my time today

I have these thoughts, so often I ought
To replace that slot with what I once bought
'Cause somebody stole my car radio
And now I just sit in silence

Sometimes quiet is violent
I find it hard to hide it
My pride is no longer inside
It's on my sleeve
My skin will scream reminding me of
Who I killed inside my dream
I hate this car that I'm driving

But the rumours just won't go away READ ; Bersatu nominee for the DPM post is  Azmin Ali, who has also been suggested to be put in charge of the Ministry of Finance (MOF).

Once one of Malaysia's most popular politician,  Azmin Ali is obviously being kicked around like a football, due to his steep fall in popularity.

Karma is not a bitch, she is a mirror!!!.

Ini kali lah. I need a dollar

topped the UK charts some 11 years ago. The song is from  Aloe Blacc from his Good Things album, while the music video describes how an out of luck person hits the big time with his last dollar into the slot machine.

Well I need a dollar dollar, a dollar that's what I need
Said need a dollar dollar, a dollar that's what I need
Well I need a dollar dollar, a dollar is what I need
And if I share with you my story would you share your dollar with me

Come on share your dollar with me
Go head share your dollar with me
Come on share your dollar, give me your dollar

With the famous words Ini kali lah, i3investor is in over drive on Serba Dinamik. The stock is among top 5 most actively traded securities on the stock exchange now.  VIEW : Interfund : Heard they received the EY report already

Bursa Malaysia could have avoided  all this mumbo jumbo by just providing a time line on when the EY report will be out.

The Trillion Dollar Companies Giving Malaysia A Miss . The Times They Are A-Changin'

the title track of Bob Dylan 3rd album, which was released in 1964 and it was also his first album to offer his own compositions.

What an album it was The Times they are a changin and by the way,  our rulling politicians better wake up or else.

If your time to you is worth savin'
And you better start swimmin'
Or you'll sink like a stone
For the times they are a-changin'


If you VIEW  ; The Trillion Dollar Companies you would notice most of them are in the new age economy which reguires high speed Internet connection not only for users but for data centre's to stor and release information. 

Most of these Trillion Dollar Companies, have very aggressive plans for this region READ ; Google, Facebook and Amazon drive push for deep-sea cables in Asia.

Some are getting FED UP with Malaysia,  hence are by passing Malaysia READ : Facebook and Google’s undersea cable to bypass Malaysia in Asia Pacific.

I understand that these companies had written to the previous Prime Minister, but nothing came out of it, as the parties were hoping for the PN Government  to reverse the National Cabotage Policy in line with the policy adopted by the Pakatan Harapan policy.

The man who came in and  changed  Pakatan Harapan's National Cabotage policy is..

  READ ; WEE KA SIONG ( and his fight for cabotage policy)

SINISTER : Will The Real Slim Shady Please Stand Up

is the song  that launched Eminem into the force that he is today. Taken from the 2000 Marshal Mathers album,  the song was the Caucasian rapper's first number one hit outside of America. 

May I have your attention, please?

May I have your attention, please?

Will the real Slim Shady please stand up?

I repeat, will the real Slim Shady please stand up?

We're gonna have a problem here 

We are indeed going to have a problem here if the EY report on Serba Dinamik is not as damming as how KPMG has led us to believe in its own assessment on the company.

Billionaire Mohd Abdul Karim Abdullah, has already won some battles ahead of the EY report, by challenging  his detractors to prove their worth in an open unbiased court.  

READ

1. I3investor backs down with apology  

2. Injunction obtained against KL Screener

He is also suing KPMG  READ : KPMG dragged to court

And then we have the curious case  of  KPMG ex partner and former Serba director charged in court 

What did I mean by stating if the EY report is not as damming as how KPMG  has made the Serba Dinamik issue look like. 

The anwser to that lays in the share price of Serba Dinamik. According to the STAR, Serba Dinamik's 52 week high was at RM2.02.  VIEW ; Serba Dinamik's 52 week peak 

The current share price is about 42 sen, which means the share price have fallen by some 79.20 per cent

What this effectively means is that the market has given a premium to KPMG's  credibility  by a whooping 79.20 per cent that it is correct on the major and not minor issues of the audit. 

 Personally, I feel trusting  KPMG is like trusting my cat to over look a glass of nice warm juicy fresh  milk.  READ;  We should trust KPMG

Now that we have got this part cleared.See You tomorrow  for  Part 3 ;  Will the real Slim Shady 

Please STAND UP. Mambang (Kalau Berani jemput datang mari bertandang)

Adun PAS mahu dasar tiada kelab malam, pusat judi di Pahang. Kata Kan YA

is a song from Sam Tobing.  We should all say katakan YA  PAS to one of its state assemblyman's  proposal.

READ ; Adun PAS mahu dasar tiada kelab malam, pusat judi di Pahang

Katakan ya dengan keras
Biar dunia mendengarkannya
Jadikanlah kisah kita
Menggema di seluruh dunia

We should insist that only on this basis should PAS 

remain in PN or even support a PN candidate for Prime Minister.  

Rating Agencies. Money

is one of Michael Jackson's least played songs, taken from the 1995 History album.  

Money is the name of the game for Rating Agencies, because at the end of the day they are only in this business for commercial reasons. READ : Fitch to withdraw Maybank bond ratings for commercial reasons

Lie for it
Spy for it
Kill for it
Die for it

So you call it trust
But I say it's just
In the devil's game
Of greed and lust
They don't care
They'd do me for the money

The moment you stop giving them money, that's when they stop providing information to investors.  One wonders what happens then if you give them 

more money?  READ ; S&P fined US$1.5 billion

And if you think that fine changed them. You are WRONG.  READ ;  Why credit rating agencies are still getting away with bad behaviour

In the army now!.

is a song from the South African duo Bolland & Bolland which topped the charts in Norway for 6 weeks in 1982. 4  years latter Status Quo would take the same song to number 1 on the UK charts.

The Malaysian Goverment should in my view, take que from the army 

and make vaccination  mandatory for all citizens and those who wish to work or visit our Tanah darah tumpah.

Now you remember what the draft man said,
Nothing to do all day but stay in bed
You're in the army now,
Oh-oo-oh you're in the army now

You'll be the hero of the neighbourhood,
Nobody knows that you've left for good
You're in the army now,
Oh-oo-oh you're in the army now

I for one support the army's stance because it is based on acceptable logic.   READ ; Army says vaccinations compulsory for all personnel

For the common good of every Malaysian  we should make vaccination compulsory.

 Already some are up in arms with the proposal to re open schools.  READ ; Delay reopening schools – vaccinate teens first, says MP and then we have situations like the one in Johor, where the Sultan had this to say  READ ; Protect your students, get vaccinated, Johor sultan tells teachers

We should not leave vaccination  to choice because then no classroom or office space ,factory or even construction  site will be safe,  and this could in turn effect our well being in physical and monetary sence

We have to accept that in this world there will be mad people but it is sheer madness if the sane ones continue to pander to their madness. Let's NIP THIS TYPE OF SLEAZE READ Former Miss Universe Malaysia refuses to wear 'face diaper' unless necessary  IN THE BUD.

READ ; For COVID, protection rather than immunity is a more realistic concept. The key is to get as much of the global population vaccinated as quickly as possible, including younger age groups like 12- to 15-year-olds.

Basket Case. American Idiot

is the most dangerous song to listen to while you're driving READ The Most Dangerous Song in the Planet.  The song is the title track from Green Day's 2004 studio album of the same name.

Now everybody do the propaganda
And sing along to the age of paranoia
Welcome to a new kind of tension
All across the alien nation
Where everything isn't meant to be okay

There is an American in town but she is not visiting Kuala Lumpur, but is in Singapore and then shooting off to Vietnam READ ; Kamala Harris joins diplomatic charm offensive in South East Asia

Is she An American Idiot or are we instead a basket case ? I don't think she is an American Idiot because even Hong Kong is treating us no better READ ; Malaysia vaccination certificates not recognised

Now that the propaganda  has worn off . READ:   Ismail Sabri's keluarga Malaysia exposed with no opposition to be included in cabinet, we are brought back to earth to face our worst paranoia . READ ; 

1. More Malaysians may go bankrupt when loan moratorium ends, economists say

2.Wake up UMNO Youth, Your proposal to for a one off RM10,000 payment is good but according to EPF : We have a total member base of 15 million and we have 6.3 million with less than RM10,000.

The story of Serba Dinamik Has Yet To Be Told. Part 1. Got my mind set on you.

is a song first recorded by James Ray Raymond in 1962,  the same year he died at the age of 22. It would take another 25 years before the song would finally hit number one with the silent Beatle, George Harrison fronting the vocals.

I got my mind set on you
I got my mind set on you
I got my mind set on you
I got my mind set on you

But it's gonna take money
A whole lotta spending money
It's gonne take plenty of money
To do it right, child

Somebody has had their mind set on Serba Dinamik for a long time now, and for that somebody 

 the share price does not matter, instead what matters most are the oil and gas assets of Serba Dinamik which actually churns out real money.

I do believe that the Serba Dinamik law suit, has to do more with trying to unmask this somebody 

who obviously has very deep pockets.  READ : See you in Court, KL Screener.

Notice how in the early days when the Serba Dinamik issue first propped up...there were a lot of rumblings on chat sites on the emergence of a new shareholder and that a new management was about to come in.

Notice how, most of that mummers have now been deleted. 

It is not that Mohd Abdul Karim cannot take a joke as some in the market are saying without realising that behind all these lay an evil pact to take down Serba Dinamik as we know it. And their weapon of choice is : SINISTER 

Tomorrow  Part 2  : Sinister.  Will The Real Slim Shaddy, Please Stand Up

Confession of A Prime Minister and much more. Orang Gila.

is the 1994 lead single from the album of the same name by Iwan Fals, one Indinesia's leading folk singers.

Irama langkahnya tidak berubah
Seperti lagu lama
Yang aku dengar menuju pulang
Sendirian

It is often said that when God wants to punish a nation if often deprives them of leaders with wisdom.  Does this mean that they are orang gila?  I don't know , but I do know  that we do have some strange leaders.

READ ; Sebastian Ting ; Appoint a DPM 2. What madness is this. Here we are hoping for a smaller cabinet whoes sole focus should be to  reign in Covid 19 and let the economy breath . And then we have people like Sebastian Ting.

Does our government have so much money ? Who will pay the gaji of a DPM 2 when they Rakyat are forced to take out their EPF money just to survive?

 Ismail Sabri was spot on when he said

READ ; Pergolakan politik yang menyaksikan siri peralihan kuasa berlaku selepas Pilihan Raya Umum Ke-14 (PRU14) hanya merugikan rakyat dan negara,

Is this a direct slap in the face to Muhyiddin Yassin  and Azmin Ali in engineering  a new government  , by triggering the downfall of the Pakatan Harapan Government. 

We're we led by these Orang Gila to this stage??? When will their madness stop!!!

. 

S&P, Bursa Malaysia on Serba Dinamik. We Didn't start the fire

was a global chart topper for Billy Joel way back in 1989.  The single was taken from his Storm Front album.

Clearly a storm is brewing in Serba Dinamik,  but who is going to get caught in the eye of the storm and who gets to ride through the storm, only the people at EY and their close friends knows for sure.

Standard & Poors rating on Serba Dinamik Bhd last week failed to cause a strom on any front, as the established players know the rules of the game and the reasons for the report.

We didn't start the fire
It was always burning
Since the world's been turning
We didn't start the fire
No, we didn't light it

 Here are two S&P reports on Serba Dinamik READ :SNAPSHOT of  The JUNE RATING and SNAPSHOT of the current rating.

If you notice, apart from the rating level assigned,  S&P 

is just playing with its English,  repeating itself, by using the same set of information  but with different  sentence structure.

Those information, were derived just prior to the June rating, where the bond agencies were briefed by Serba Dinamik.

 I suggest you read the report on that briefing carefully. READ ; Serba Dinamik Gives Update On Auditor Concerns;

So why then did S&P decide to put out the report apart perhaps for the need to show the world that it has a good command of English?  

Well the reason is obviously because the EY special report is coming to conclusion and  S&P has to show the world that it is on the ball at all times.

Smaller investors sensing that the cat is out of the bag,  have now decided to jump on their guns too. READ : Danson Tan : Audit Report Finally Release.

All these senseless need to speculate, make some money or lose ones underwear while in the process of trying to make some money, could have been avoided if Bursa Malaysia had taken even an ounce of pride in its work as the market regulator .

A market regulator's top priority 

is to ensure Fairplay is always the order of the day. To do that Bursa Malaysia after consulting EY should have put out an indicative timeline on when the audit process will reach a conclusion.

After pressing Serba Dinamik to be open on how it conducts is business, what did Bursa Malaysia to next?  

BURSA Malaysia proudly showed the world that it conducts its business in an opaque, secretive  manner, where fair play is NOT the order of the day.