INSAS BHD

KLSE (MYR): INSAS (3379)

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Last Price

1.01

Today's Change

0.00 (0.00%)

Day's Change

1.00 - 1.02

Trading Volume

490,100


44 people like this.

45,795 comment(s). Last comment by Tatooine 2 days ago

Sslee

5,918 posts

Posted by Sslee > 2023-07-18 14:21 | Report Abuse

Tuesday, 18 Jul 2023 1:09 PM MYT
SEKINCHAN, July 19 — Chinese automobile manufacturer Geely will invest US$10 billion (RM45.3 billion) to turn Tanjung Malim, Perak, into the region’s largest auto city.

Prime Minister Datuk Seri Anwar Ibrahim said the aspiration, conveyed by the company in a letter to him last night, would create thousands of job opportunities for Malaysians.

qqq47660

8,894 posts

Posted by qqq47660 > 2023-07-18 15:31 | Report Abuse

natgate 1.68 not impressive meh?

qqq47660

8,894 posts

Posted by qqq47660 > 2023-07-18 15:34 | Report Abuse

geely is doing very well in China and elsewhere in the world too. geely zeekr and volvo doing very well.

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-07-18 16:02 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-07-18 16:03 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-07-18 16:07 |

Post removed.Why?

qqq47660

8,894 posts

Posted by qqq47660 > 2023-07-18 16:15 | Report Abuse

not just geely...other China companies, GAC, Changan, SAIC all sell more cars but lower market cap than US listed Nio, Li, X peng.............................................goes to show where it is listed more important than fundamentals.

qqq47660

8,894 posts

Posted by qqq47660 > 2023-07-18 16:32 | Report Abuse

https://www.youtube.com/watch?v=gH-iBa99n80

huawei car and xiaomi car coming.

qqq47660

8,894 posts

Posted by qqq47660 > 2023-07-18 17:43 | Report Abuse

thechinaproject.com/2023/05/18/chinas-top-15-electric-vehicle-companies/

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-07-18 17:56 |

Post removed.Why?

qqq47660

8,894 posts

Posted by qqq47660 > 2023-07-18 18:31 | Report Abuse

Car design...China has mastered the art of car designs and sell them cheap. European car designs sell what now?

qqq47660

8,894 posts

Posted by qqq47660 > 2023-07-18 18:33 | Report Abuse

China will design a car that look like a Ferrari and perform like a Ferrari and sell them cheap. Ferrari eat what?

qqq47660

8,894 posts

Posted by qqq47660 > 2023-07-19 14:57 | Report Abuse

ev God got clear opinions on world car companies. VW and Toyota the two most indebted companies in the world. Ford is a disaster, GM going bankrupt. smaller car companies stellantis, Mitsubishi, Nissan even worse.

https://www.youtube.com/watch?v=3ReaD7Ljizc&t=13s

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-07-19 16:26 |

Post removed.Why?

qqq47660

8,894 posts

Posted by qqq47660 > 2023-07-19 17:45 | Report Abuse

he is not call ev God for nothing.

qqq47660

8,894 posts

Posted by qqq47660 > 2023-07-19 18:27 | Report Abuse

america likes monopolies....

in H/P, there is only apple
in cars, there is place for only Tesla...........gm out.

qqq47660

8,894 posts

Posted by qqq47660 > 2023-07-19 18:28 | Report Abuse

GM stops production of its best selling EV, the Bolt......

I think GM is finished.

qqq47660

8,894 posts

Posted by qqq47660 > 2023-07-19 18:29 | Report Abuse

GM used to make a lot of money from China to support america operations........that tap also closed.

qqq47660

8,894 posts

Posted by qqq47660 > 2023-07-19 18:30 | Report Abuse

Mary Mary......its way above her head.

qqq47660

8,894 posts

Posted by qqq47660 > 2023-07-19 18:38 | Report Abuse

there is no American company that can make an EV at a price that people will buy and still make money.....other than Tesla with help from china.

qqq47660

8,894 posts

Posted by qqq47660 > 2023-07-19 18:39 | Report Abuse

there is no American company that can make an EV at a price that people will buy and still make money.....other than Tesla with help from china.

not even with Biden $ 7500 subsidy per car..... that is the real America.

qqq47660

8,894 posts

Posted by qqq47660 > 2023-07-19 19:18 | Report Abuse

It's the S curve and disruption under the s curves always happens faster than people think.....the disruption by Tesla and Chinese ev too powerful

qqq47660

8,894 posts

Posted by qqq47660 > 2023-07-19 19:18 | Report Abuse

Too powerful for all legacy car companies

qqq47660

8,894 posts

Posted by qqq47660 > 2023-07-19 20:20 | Report Abuse

https://youtu.be/xIEWz1wNTAs

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-07-20 08:43 |

Post removed.Why?

qqq47660

8,894 posts

Posted by qqq47660 > 2023-07-20 08:47 | Report Abuse

Tesla will reach 300 any day now. EV god says Malaysia sold 10000 model y in 1 week....got meh?

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-07-20 09:03 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-07-20 09:05 | Report Abuse

Tesla launched its official Instagram page for its Malaysian branch earlier this month. Tesla Malaysia kicked off car sales on July 7, 2023, with Model Y pre-booking at the starting price of 199,000 ringgit ($44,000). It plans to hold an official unveiling event in Kuala Lumpur on July 20, 2023.2 days ago

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-07-20 09:06 | Report Abuse

According to the Road Transport Department Malaysia (JPJ) Datuk Zailani Hashim, there are more than 10,000 fully-electric vehicles registered in Malaysia as of December 2022.16 Feb 2023

qqq47660

8,894 posts

Posted by qqq47660 > 2023-07-20 09:24 | Report Abuse

10000 model y in one week is far beyond imagination....but maybe possible.....200,000 ringgit cars a lot of people can buy....and these people live in bungalows.....too bad stay in condo makes no sense to buy ev.

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-07-20 11:05 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-07-20 11:07 |

Post removed.Why?

qqq47660

8,894 posts

Posted by qqq47660 > 2023-07-20 13:08 | Report Abuse

they put chargers in Bintang Bintang and shopping malls. Not fair to us.

qqq47660

8,894 posts

Posted by qqq47660 > 2023-07-20 13:09 | Report Abuse

nobody will use those charges

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-07-20 13:20 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-07-20 13:21 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-07-20 13:26 |

Post removed.Why?

qqq47660

8,894 posts

Posted by qqq47660 > 2023-07-20 15:37 | Report Abuse

the best selling car in the world has never been a premium car but its now.

no wonder Goddess says tesla 1000.

qqq47660

8,894 posts

Posted by qqq47660 > 2023-07-20 15:39 | Report Abuse

if they sell Model 2 at RGT 100,000....................the waiting list will be 10 years .

qqq47660

8,894 posts

Posted by qqq47660 > 2023-07-20 15:43 | Report Abuse

design? model Y design is already outdated...looks very ordinary ..many Chinese EV looks far better more modern than Tesla
engineering? specs?............many Chinese EV far better specs, range, charging times.

so how come Tesla selling so well?

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-07-20 16:04 | Report Abuse

Tesla Inc.’s profitability shrank in the second quarter, showing the electric-vehicle maker’s industry-leading margins are being squeezed by months of price cuts.

Tesla fell 3.7% in premarket trading. The stock has soared more than 135% this year.

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-07-20 16:06 | Report Abuse

The Elon Musk-led company on Wednesday reported gross margin of 18.2% in the quarter, below the 18.8% Wall Street had expected. Still, Tesla beat earnings and revenue expectations. Its profit, excluding some items, came to 91 cents a share, more than the 81 cents analysts estimated.

Tesla already said it delivered a record 466,140 cars in the period, spurred on by the price reductions that began earlier this year — a response to tighter household budgets and a wave of new EV competitors. Revenue rose 47% to $24.9 billion, Tesla said in a shareholder letter. Analysts had expected the company to generate $24.5 billion in sales.

That’s put the Austin-based carmaker’s profits in tight focus, especially as it pours money into the development of full self-driving software and its first new product in years, the Cybertruck. In addition to price cuts, Tesla also blamed its shrinking margins on the cost of ramping up output of new battery cells, the Cybertruck and other large projects.

“While we continue to execute on innovations to reduce the cost of manufacturing and operations, over time, we expect our hardware-related profits to be accompanied by an acceleration of AI, software and fleet-based profits,” it said in a statement.

The company didn’t break out its automotive margin, a closely watched gauge of Tesla’s profitability which was more than 30% at the start of last year.

Even after months of markdowns, Tesla is still making more cars than it’s selling. The company said global inventory is now 16 days of supply, up from 15 days last quarter and four days a year ago.

The company has has offered customers special perks — like free charging — to move vehicles off the lots.

Analysts have said new models, like the Cybertruck, could help Tesla maintain its extraordinary sales-growth rate. However, the long-awaited truck likely won’t be available in large volumes until next year. The first Cybertruck rolled off the line in Tesla’s Austin factory just recently, the company said over the weekend.

qqq47660

8,894 posts

Posted by qqq47660 > 2023-07-20 16:25 | Report Abuse

after months of price war , still making billions.............very good already..............................

qqq47660

8,894 posts

Posted by qqq47660 > 2023-07-20 16:26 | Report Abuse

after months of price war , still making billions.............very good already..............................

competition slaughtered. especially the ICE cars.

qqq47660

8,894 posts

Posted by qqq47660 > 2023-07-20 16:27 | Report Abuse

design? model Y design is already outdated...looks very ordinary ..many Chinese EV looks far better more modern than Tesla
engineering? specs?............many Chinese EV far better specs, range, charging times.

so how come Tesla selling so well?

qqq47660

8,894 posts

Posted by qqq47660 > 2023-07-20 16:42 | Report Abuse

car industry is a very special case in marketing.
either u have it or u don't have it.
its not even about design or specs.

since this is insas...............let me add, Insas price not even about NTA.

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