要賺錢就要快，進場

看好！

Still can buy ($2.43) ? 

Already drop today, go in now as qr came out is very promising. 

can enter or not?

can buy?

limit down!!!

yes I do agree with you kwok_39

But this is gamble

go go serbadk, go down more 2morrow

Serbadk another Sapura energy in the making.

Why did Serba Dynamik did so badly? What can we learn from this saga?

How low can the share price go?

https://malaysiainvestment88.blogspot.com/2022/05/serba-dynamik-how-low-can-it-go.html

I have one or two terrible experiences with companies newly listed. Having lost money, I now only focus on those with at least 10 years of listing history. At least I would have the confidence that they are "real" businesses. You all know the story of Serba and I did not go in based on my past history. Time has proven me right.

There has been much controversy about the Bursa energy company - Serba Dinamk Bursa. Its ROE had gone from about 20% in 2019/2020 to negative 100 % in 2023. I will not go into whether this is poor management or poor corporate governance. But I was curious about its Altman Z-score.  

The Altman Z-Score is a financial metric that is used to assess the financial health of a company. It was developed by Edward Altman in 1968 and is designed to predict the likelihood of a company going bankrupt within the next two years.

• A Z-Score above 2.99 suggests that the company is likely in good financial health and is not at risk of bankruptcy.
• A Z-Score below 1.81 suggests that the company may be at risk of bankruptcy.

The Altmaz Z-Score for Serba Dinamik based on its Sep 2023 LTM financials is negative 1.9. This is way below the Z-Score for bankruptcy.

Now why would you want to bother about this company when there are better oil and gas companies like Deleum to look into with a LTM ROE of 15%.

In 2023, the Bursa energy index grew by 5.3 % compared to the S&P500 energy index that declined by 3.7 %