Sslee

Sslee | Joined since 2016-08-31

Investing Experience Beginner
Risk Profile Moderate

Emotional Introvert Most defining characteristics: You are sensitive, melancholic and a perfectionist. You are a very emotional, caring and dedicated person. You believe that there is a bigger picture in life, one that we can’t really see, but we can feel. You are very compassionate, strong minded

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User Comments
Stock

2023-04-08 16:19 | Report Abuse

Their best technology holdings inari - selling. Ans: Insas still hold 537,008,575 inari for tax free dividend income

Their best stock trading m&a business - selling.Ans: Insas do a back door listing of M&A by injecting M&A into SYF in exchange of SFY share. Later will rename SYF as M&A capital for brand recognition and business expansion

Their development project - loss and stop. No need development. Ans: regroup under 13.7% associate company Ho Hup
The Group’s property portfolio comprises a mix of landed and high-rise residential units and shops/office spaces held to generate rental income and for resale. Occupancy for our shops/office spaces remain encouraging with near full occupancy during FY 2022 whereas occupancy rate for the residential properties remained soft primarily due to the oversupply of residential properties in the Klang Valley. The division has stepped up its efforts to market its property portfolio during FY 2022 in order to capture opportunities in the property resale market.

Ho Hup Construction Company Berhad (“Ho Hup”)
With effect from 1 January 2016, the Group adopted equity accounting for its investment in Ho Hup. Ho Hup Group has three main divisions namely property development, construction and civil engineering works and ready mix.
For FY 2022, Ho Hup’s property development and construction divisions remain the main revenue contributor to Ho Hup Group, primarily deriving income from the Crown Suites project in Kota Kinabalu, its Kulai development project and the ECRL project.

Their f&b business - when was the last time dome opened new branch?
Their clothing business - not doing well.
Answer both F&B and Clothing under 43.4% associate company Dome Cafe Sdn. Bhd and Melium group holding management. Insas intend to list Melium if Melium manage to grow the business

Melium Group is one of Malaysia’s leading retail group on international luxury fashion brands such as Aigner, Emilio Pucci, Givenchy, Hackett London, Max Mara, MCM, Roger Vivier and Tod’s and it holds the Malaysian franchise for Dome Café and operates over 10 outlets in Klang Valley, Genting Premium Outlet, Johor Premium Outlet and Penang. Melium Group also owns and operates the Seminyak Village, a boutique mall in Bali.

Their car business - sold. Ans: Sold Singapore car businese because of high capital low margin busines. Malaysia businse of car rental and long lease under Insas Pacific Rent-A-Car Sdn. Bhd.

PRAC offers both short-term and long-term car rental services, and chauffeured limousine services with its fleet consisting of sedans, SUVs and MPVs. PRAC is headquartered in Bukit Jalil, Kuala Lumpur and has branch offices located in Johor Bahru and Penang Airport.
PRAC will continue to closely monitor the travel and consumer patterns to improve vehicle utilization and competitiveness

Stock

2023-04-08 15:16 | Report Abuse

Allow me to repost

Only those cannot put forward their argument/opinion with facts, figures or reasoning will resort to name calling.

He who calls names is called that himself.

Stock

2023-04-08 13:49 | Report Abuse

No worries Bob, Philip is chun chun one.

Remember when Philip bought Harta, he wrote Harta should earned a billion profit for the next few quarters and immediately the Harta NP drop a ton and likewise Harta share price.

Recently Philip said Pchem should easily earned a billion per quarter and immediately the Pchem NP latest quarter drop to RM 481,000,000. 74.62% quarter to quarter drop.

I bet history will repeat again.

Stock

2023-04-08 13:24 | Report Abuse

PChem has touched 7.50??? I must have done a very poor job to talk down Pchem price.

It look like only the next 2 poor/very poor quarters result can pull down Pchem price. I fancy the odd of that happening is 51: 49 on my favor.

Stock

2023-04-08 13:03 | Report Abuse

I am so broke and stucked in Insas and only managed to increase my Insas holding from 2,515,000 to 2,530,000. But I feel pretty good than someone only can afford to buy 200 units of HRC at RM 4.40.

By the way my daughter bought me corcodile shirts for CNY otherwise will still be wearing the same old cheap red shirt.

Stock

2023-04-08 10:13 | Report Abuse

It's just a music chair game. Make sure you are not the one holding the bag when the music stop.

Stock

2023-04-08 10:10 | Report Abuse

If chart can be beleive then everyone already a millionair.

Stock

2023-04-08 10:07 | Report Abuse

Yes. Insas is a sell.
But I don't mind collect cheap cheap. TQVM

Stock

2023-04-08 09:23 | Report Abuse

Repost:

The answer:
Accusations by GMT Research that Airasia was only profitable due to the leasing of these planes resulting in profit transfers from unprofitable regional Joint Ventures, to the group holding.

Internally, the other joint venture or associate partners did not feel comfortable about this as well, as it could be seen as Airasia Berhad milking the associates for all its worth.

This culminated in the sale of the planes and the leasing business

Stock

2023-04-08 09:07 | Report Abuse

For Insas I think it still positive if taking into account the Insas-WC I sold for profit.

Stock

2023-04-08 09:04 | Report Abuse

I already cut all my HRC except 500 units to qualify myself as shareholder.

Don't worry about me, my other holdings like Bplant and Jayatiasa in my portfolio are positive.

Stock

2023-04-08 08:35 | Report Abuse

Then why in 2019 AA lose money?
The fact:
Year end 31/12/2019 with revenue RM 12.445 billion but PBT is negative RM 549,755,000 and NP to SH is negative RM 303,722,000?

Stock

2023-04-08 08:28 | Report Abuse

Warren Buffett once said, “The first rule of an investment is don’t lose [money]. And the second rule of an investment is don’t forget the first rule. And that’s all the rules there are.”

So I do not think I will lose money holding on my Insas. To me it is just a waiting game and I don't mind waiting as long as I can get the yearly dividend for my expenses.

As of opportunity cost. You know my standard more lose betting on HRC.

General

2023-04-08 08:20 | Report Abuse

Yes your defination of evil fit the US foreign policy my way or the highway.

Rainbow reminded us that the word is full of colour but sadly to those with their blind hatred/hidden agenda the world is black and white or good and evil.

By the way who do they think they are to judge people/country/political system as evil or less evil?

Stock

2023-04-07 23:19 | Report Abuse

I3lurker,
Someone is even more silly wrote long long on SDS (12-Jan-2023: HOW TO BUY BREAD - AND LESSONS TO LEARN FROM CATHIE WOODS) and invested in SDS on Jan 2023. SDS latest quarter result Q to Q down by 20.88%

If only he has bought Tesla instead of SDS on Jan 2023. What is his opportunity cost????

Stock

2023-04-07 17:08 | Report Abuse

PARIS/HANOI, April 6 (Reuters) - An aviation industry body has issued a warning about Vietnam's compliance with international aircraft leasing norms after a dispute over the repossession of four jets, raising questions over the cost of financing future deliveries.

Vietnam is one of the world's fastest-growing air travel markets, with hundreds of jets on order and air transport representing 5% of GDP, according to the International Air Transport Association.

The Aviation Working Group, a UK-based entity that monitors financing laws on behalf of planemakers and lessors, said it had placed Vietnam on a watchlist after a Hanoi court blocked an attempt to seize jets over an alleged rental payment default.

VietJet, which is one Asia's largest low-cost carriers, did not respond to a request for comment. Other Vietnamese carriers also declined comment or did not respond.

VietJet operates Airbus jets and has ordered a total of 186 jets from the European firm including 114 A320neo models that have yet to be delivered. It has also ordered 200 Boeing 737 MAX, none of which have been delivered.

Under a treaty known as the Cape Town Convention (CTC), of which Vietnam is a member, airlines are able to secure better financing rates in return for their nations making it easier for lessors to repossess jets in the case of missed payments.

The treaty allows for jets to be de-registered, or removed from the host country's airplane register, in the event of a lawful request from the lessor and placed on an international register, allowing the owner to fly the aircraft away.

Stock

2023-04-07 15:41 | Report Abuse

So why free when you can charge high price?

Stock

2023-04-07 15:18 | Report Abuse

You only do promotion if your sell is slow.
If your sell is like hot cake then you should increase the sell price to make a killing and not the other way.

Stock

2023-04-07 15:09 | Report Abuse

The fact:
The 10 million free seat sale is currently available and it is applicable only for the travel period between 4th September 2023 to 13th August 2024. The promo covers local Malaysian destinations including Langkawi, Penang, Johor Bahru and more with all-in prices from RM23 one-way. Meanwhile, ASEAN destinations under the promo include Jakarta, Bali, Bangkok, Ho Chi Minh City and more, with all-in prices from RM60 one-way. The advertised all-in price includes airport taxes, MAVCOM fee, fuel surcharge and other applicable fees.

The questions:
Rephase can CapitalA make decent profit with Malaysian local destinations all-in prices from RM23 one-way and ASEAN destinations under the promo include Jakarta, Bali, Bangkok, Ho Chi Minh City and more, with all-in prices from RM60 one-way?

What is/are the reason/reasons for such cheap price promotion pay now for travel period between 4th September 2023 to 13th August 2024 if travel demand is like hot cake?

Stock

2023-04-07 14:54 | Report Abuse

That one is fact and follow by a question:

And the question is: If demand is so good why promote pay now for travel period between 4th September 2023 to 13th August 2024?

Stock

2023-04-07 14:51 | Report Abuse

Can someone please explain to StartOfTheBull what is dateline set by stock market regulators and what had been given out by CapitalA Management briefing to IBs analysts.

And what Stony said during latest interview.

In an exclusive interview with Nikkei Asia, AirAsia tycoon Tony Fernandes says he is leaving no stone unturned in his fight to keep the airline afloat in the post-pandemic era.
THE BIG STORY
AirAsia's Tony Fernandes: Tourism is back, but fight to survive goes on
Co-founder of Malaysia's biggest airline reveals post-pandemic game plan in exclusive interview

SIMON ELEGANT, Contributing writer
APRIL 5, 2023 06:00 JST

Stock

2023-04-07 14:00 | Report Abuse

Only those cannot put forward their argument/opinion with facts, figures or reasoning will resort to name calling.

He who calls names is called that himself.

Stock

2023-04-07 13:46 | Report Abuse

By the way Philip's Harta is down by 35.56% and Skpres by 16.28%

Stock

2023-04-07 13:40 | Report Abuse

3379 INSAS 2,530,000 0.8650 0.7750 2,188,450.00 1,960,750.00 -227,700.00 -10.40

So my Insas just a mere 10.40% down is that a big deal?

Stock

2023-04-07 13:34 | Report Abuse

29. Lee Soon Sheng 2,515,000 0.38%
107725494 01/04/2023 Brought Forward 2,530,000 0.8650

I am still waiting for someone to short Insas for me to collect cheap cheap.

Stock

2023-04-07 12:33 | Report Abuse

By the way AA Japan already bankrupt and AA India sold.

Stock

2023-04-07 12:31 | Report Abuse

Anything wrong when I just answer a question from CapitalB sincerely?
Do you know AA indonesia not yet submit the Quarter end 31/12/2022 financial report?

2022
Financial Statement Press Release
Quarter 1 PDF -
Quarter 2 PDF PDF
Quarter 3 PDF PDF
Quarter 4 - -

CapitalB can sslee tell me buy hold or sell?
06/04/2023 4:38 PM


Sslee My advise is sell and wait for Fernandes' to submit restructuring plan to stock market regulators in late April.

AirAsia X has until April 28 to submit its restructuring plan to stock market regulators. While Capital A's deadline is not until July, Fernandes said the plan to be submitted in late April will address the restructuring of both concerns. He argues that the PN17 status is mainly about disagreements over accounting standards and does not reflect fundamental solvency issues
06/04/2023 4:53 PM

News & Blogs

2023-04-07 12:17 | Report Abuse

There are no winnees in war only dead, destruction, miseries and more death. So avoid any war before it start by peaceful negotiation

"menang jadi arang kalah jadi abu"

So what is mainland China actually want from Taiwan?

Stock

2023-04-07 11:46 | Report Abuse

No worries, it look like just need to wait a bit longer for the poor next 2 quarter results to collect cheap cheap.

News & Blogs

2023-04-07 11:26 | Report Abuse

It is never too late to settle peacefully by the old Chinese way to resolve dispute.

A farmer in ancient China had a neighbour who was a hunter, and who owned ferocious and poorly trained hunting dogs.

They jumped over the fence frequently and chased the farmer's lambs.

The farmer asked his neighbour to keep his dogs in check, but this fell on deaf ears.

One day the dogs again jumped the fence, attacked and severely injured several of the lambs.

The farmer had had enough, and went to town to consult a judge who listened carefully to the story and said: "I could punish the hunter and instruct him to keep his dogs chained or lock them up. But you would lose a friend and gain an enemy. Which would you rather have, friend or foe for a neighbour?"


The farmer replied that he preferred a friend. “Alright, I will offer you a solution that keeps your lambs safe, and keep your neighbour a friend."

Having heard the judge's solution, the farmer agreed.

Once at home, the farmer immediately put the judge's suggestions to the test. He took three of his best lambs and presented them to his neighbour's three small sons. The children were so happy to play with lambs.

To protect his son's newly acquired playthings, the hunter built a strong kennel for his dogs. Since then, the dogs never again bothered the farmer's lambs.

Out of gratitude for the farmer's generosity toward his sons, the hunter often shared the game he had hunted with the farmer.

The farmer reciprocated by sending the hunter the cheese he had made.

Within a short time, the neighbours became good friends.

A saying in old China went something like this,

“One can win over and influence people the best with gestures of kindness and compassion.”

A similar Western saying: “One catches more flies with honey than with vinegar."

Let us make an effort to make a pact that we will be polite when we speak and not make rude and sarcastic remarks at every opportunity we get, especially with our families, friends and colleagues.

News & Blogs

2023-04-07 11:11 | Report Abuse

War cannot solved dispute/grievance. Peace can only be acheived by talking/negotiation.

Stock

2023-04-07 11:04 | Report Abuse

With Jan, Feb and March 2023 poor pricing of urea, methanol, polymers and olefins most likely the NP to SH for quater end 31th Mar 2023 will be poorer than quarter end 31/12/2022 of RM 481,000,000 or EPS of 6 cents.

Stock

2023-04-07 10:55 | Report Abuse

Very soon my buddies i3lurker will short Insas for me to collect cheap cheap again.
If I am not complaining holding on to my Insas then why should you?

Anyhow my thousand thanks in advance for enable me to collect Insas cheap cheap again.

Dato' Sri Thong all this while only like to count how much money Insas have in the bank thus to me if he sold his inari share that can only mean he now need physical money.

And hence very soon Insas will give higher dividend.

News & Blogs

2023-04-07 10:38 | Report Abuse

It is people like ID thinking that putting Taiwan people in danger of war with mainland China.

News & Blogs

2023-04-07 10:20 | Report Abuse

NATO and US is Ukraine alliance so what happen to Ukraine.

Don't expect NATO, AUKUS, 5 Eyes to fight a war with China if war broke out in Taiwan.

News & Blogs

2023-04-07 10:14 | Report Abuse

Similarly US is now planning a scorched-earth military strategy if war broke out in Taiwan.

News & Blogs

2023-04-07 10:09 | Report Abuse

By the way DPP leaders is putting Taiwan people on war path with mainland China.

News & Blogs

2023-04-07 09:59 | Report Abuse

“Our policy, then and now, is to be at peace with the world, so when Mr. Kishi expressed a wish to come to Malaya, I naturally welcomed the idea. I believe that the past should not dictate the present and future. If you cannot forget, you can still forgive. Let bygones be bygones is the best path to peace.” – Tunku Abdul Rahman

Similarly our Bapak Malaysia Tunku Abdul Rahman is putting people first and central

News & Blogs

2023-04-07 09:36 | Report Abuse

Action speak louder than words.

Yasukuni Shrine of the 2,466,532 people named in the shrine's Book of Souls, 1,068 are war criminals who were convicted of war crimes, including 14 people who were tried by the International Military Tribunal for the Far East, following World War II.[1] Because of the decision to honour individuals who were found responsible for serious breaches of humanitarian law, China, Russia,[2] South Korea and North Korea have called the Yasukuni Shrine an exemplar of the nationalist, revisionist and unapologetic approach Japan has taken towards its conduct during World War II.

Do you see any German post war leaders pay homage to NAZI war criminals?

Brandt famously fell to his knees after adjusting the wreath ribbons at the Warsaw Ghetto memorial on December 7, 1970.

Will any Japan leaders do so at Memorial Hall of the Victims in Nanjing Massacre by Japanese Invaders?

Germany won respect by addressing its World War II crimes. Japan, not.

Stock

2023-04-07 08:57 | Report Abuse

Very soon if AA Indonesia bankrupt, Stony will be a wanted fugitive by Indonesia government

Stock

2023-04-07 08:53 | Report Abuse

The answer:
Accusations by GMT Research that Airasia was only profitable due to the leasing of these planes resulting in profit transfers from unprofitable regional Joint Ventures, to the group holding.

Internally, the other joint venture or associate partners did not feel comfortable about this as well, as it could be seen as Airasia Berhad milking the associates for all its worth.

This culminated in the sale of the planes and the leasing business

Stock

2023-04-07 08:22 | Report Abuse

During the last Inari EGM. Shareholders voted against the resolution to entitle non exceutive director Dato Sri Thong to ESOS. So now no more ESOS easy money for Dato Sri Thong.

Dato' Sri Thong need to sell his personal inari holding for his pocket money and later he need Insas dividend money for his expenses. Very good news

News & Blogs

2023-04-07 08:12 | Report Abuse

If you want to change a nation narrative you can easily do so by changing the education narrative.

Know why Japan invade China and do not feel guity nor apology for the war atrocity? This is because those in power change the education history narrative.

DPP when in power has change the history narrative and teach school children to hate mainland China.

News & Blogs

2023-04-07 08:00 | Report Abuse

US democracy can only produce Biden and Donald Trump for US citizen to choice which one to be President of USA.
Is that the best and only choice?

Please go and ask minority the black and yellow Americians do they feel safe?
Isn't the very basic Universal Human Rights is to feel safe?

No on is safe in Amerika because of gun violence and hate speech by thecway Trump has to most hate speech.

Stock

2023-04-07 07:44 | Report Abuse

What has change in the last 5 financial year?
Allow me to ask the queations:

Why in year end 31/12/2019 with revenue RM 12.445 billion but PBT is negative RM 549,755,000 and NP to SH is negative RM 303,722,000?
Whereas in year end 31/12/2018 with revenue of RM 10.603 billion the PBT is positive RM 1,364,710,000 and NP to SH is Positive RM1,979,972,000?
Is Stony cooking the book?
If in 2019 with record revenue of RM 12.445 billion still loss making what had gone wrong?
As at 31/12/2022 net worth of negative RM 5,784,892,000 or NAPS of negative RM 1.3885 how should you value CapitalA?
It is worth 79 cents?
Moving forward if in 2019 with revenue of RM 12.445 billion still cannot make profit and now with high debts and net worth of negative RM 5,784,892,000, can capitalA make profit again?

Year end : 2022: 2021: 2020: 2019: 2018
RM'000
Revenue: 6,606,255: 1,732,271: 3,136,274: 12,445,628: 10,603,755
PBT: -3,169,339: -3,768,068: -5,583,674: -549,755: 1,364,710
NP: -3,169,083: -3,814,367: -5,866,704: -285,963: 1,711,405
NP to SH: -2,480,132: -3,118,573: -5,096,650: -303,722: 1,979,972
Net Worth: -5,784,892: -3,118,442: -1,236,530: 4,444,825: 6,216,071

NAPS (RM): -1.3885: -0.7485: -0.2968: 1.0668: 1.4920

News & Blogs

2023-04-06 19:17 | Report Abuse

“Believe nothing, question everything, assume nothing.” ― vincent de paul

Stock

2023-04-06 18:49 | Report Abuse

The 10 million free seat sale is currently available and it is applicable only for the travel period between 4th September 2023 to 13th August 2024. The promo covers local Malaysian destinations including Langkawi, Penang, Johor Bahru and more with all-in prices from RM23 one-way. Meanwhile, ASEAN destinations under the promo include Jakarta, Bali, Bangkok, Ho Chi Minh City and more, with all-in prices from RM60 one-way. The advertised all-in price includes airport taxes, MAVCOM fee, fuel surcharge and other applicable fees.

If demand is so good why promote pay now for travel period between 4th September 2023 to 13th August 2024?

Stock

2023-04-06 18:41 | Report Abuse

Some people in this forum are actually encourage people to buy and chase high.

I just give my 2 cents based on the past and latest quarter end 31/12/22 financial report, you should not buy and if you already bought then you should sell.