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Serbadk totally messed up with their accounting. Only real trader can go in now, for newbies stay away. If an investor, best time to enter if you have confident.
hmm i dont really think they messed up with their account. they hired EY to assess KPMG's finding. it pointless to hire EY if they have something to hide. I think things will resolve soon and the the price will rebounce back to RM1.60 *crossed fingers*. anyways, still good time to buy i think price also discount kawkaw
"Ernst & Young (EY) was 1MDB’s first auditor when the state investment fund was set up in 2009, but resigned without signing off on any of 1MDB’s accounts." <- EY is competent enough
Use logic, almost 4 billion transactions are at doubt. Directors hastily want to remove the auditor. Almost like 1MDB case with Deloitte. I also don't know wht happen. Let drama continues. Ps : 1MDB also got many contracts oversea
Amir, I hope you are right. But I am thinking EY will agree on KPMG findings. Good luck and don't overly love the company just because you have invested in, sometimes it need some rational.