Posted by BLee > 2024-05-24 19:55 | Report Abuse

“UncleFollower >
24/5/24 Closing
Inari +21 cents
Insas holds 527,008,575 Inari shares x 0.21 = +RM110,671,800
+RM110M for every Insas Share = + RM0.1668985 per Insas Share
Insas closed down -RM0.04 per share 🤣🤣🤣”

A good one, the only problem is “see no touch”. Can Insas really be able to sell 527mil Inari at further gain of RM110mil? As seen in recent QR, what businesses are profitable?

On page 12 of IB Q324, item A9:
Profit/(Loss) for the financial period Technology and IT of 67,858k vs Consolidated Total of 58,592k, meaning most of the rest combined are negative. If Technology and IT business (Inari?) disposed of, very hard for Insas to be profitable…one time gain, many years of losses. Happy Trading and TradeAtYourOwnRisk

Posted by Tatooine > 2024-05-24 20:23 | Report Abuse

Insas sold long ago I believe … no longer ninja van shareholders

Posted by Tatooine > 2024-05-24 20:25 | Report Abuse

Insas holding a loss making company now, as I said bad management. They keep it open only so they can all have high paying jobs and bleed shareholder cash out of the company.

Posted by Sslee > 2024-05-24 20:43 | Report Abuse

Quarter end 31/3/2024: Insas suffered loss on fair value change of financial assets at fair value thro profit or loss RM 8,676,000.
This one is mainly from Omesti.

Posted by xiaoeh > 2024-05-24 21:08 | Report Abuse

come pick me up at dock 0.865

Posted by TheContrarian > 2024-05-24 22:21 | Report Abuse

Insas would have been PN17 if not for Inari.

Posted by Tatooine > 2024-05-24 22:46 | Report Abuse

@sslee most likely yes Omesti. The board are not transparent and they are trying to hide/protect thong from looking incompetent which he is as long term Omesti board member. It is even worse as insas again provide financing so he knew all decisions and was central to those failures.

Posted by Tatooine > 2024-05-24 22:47 | Report Abuse

They sold shares as they knew how bad insas was performing. The whole board should not be re elected

Posted by TheContrarian > 2024-05-24 22:58 | Report Abuse

Still got people praising Thong, worshipping him, calling him Warren Buffett ........ 🤣🤣🤣

Posted by Tatooine > 2024-05-24 23:02 | Report Abuse

Perhaps thong create his own account here to pretend he is warren buffet. I can tell you thong and the board of insas are rotten to the core, warren buffet is very respected, he admits his mistakes, is open and transparent and makes sure shareholders are rewarded with a share value. Insas board and thong activity do nothing to help the share price and most likely try to make it low. That is why the whole market think they are so bad…

Posted by Income > 2024-05-25 08:20 | Report Abuse

愿你清风无恙 一世暧昍
愿你雨晴边后 风雨同舟
愿你一生美好 爱在厘米之

Posted by Income > 2024-05-25 09:23 | Report Abuse

Bear 🐻
https://youtube.com/shorts/hOoLVPXWAEw?si=E8TM1lePva23G-RK

Posted by xiaoeh > 2024-05-25 09:40 | Report Abuse

Posted by Income > 1 hour ago | Report Abuse
愿你清风无恙 一世暧昍
愿你雨晴边后 风雨同舟
愿你一生美好 爱在厘米之

收到了
谢谢
感恩
same to you Income sifu

Posted by speakup > 2024-05-25 09:45 | Report Abuse

thong is another word for lady underwear, right?

Posted by TheContrarian > 2024-05-25 10:33 | Report Abuse

@speakup, got male thong also.

Posted by UncleFollower > 2024-05-25 16:23 | Report Abuse

@Contrarian you cannot only buy things that are sure in this market

Posted by UncleFollower > 2024-05-25 16:24 | Report Abuse

Therefore go look at DNEX, if this brief message does anything to change ur mind, thank me next time and I am returning the favour of you urging me to diversify lol goodluck mate

Posted by TheContrarian > 2024-05-25 18:49 | Report Abuse

@UncleFollower, I am past that age speculating in loss making stocks.

Posted by WellnessAntiCancer > 2024-05-26 17:37 | Report Abuse

Ninja Van Malaysia’s revenue exceeded previous years’ figures, to total RM862.65 million for the financial year ended June 30, 2023 (FY2023), an increase of 21.9% from RM707.76 million in FY2022.

Have you use their courier service?

Posted by WellnessAntiCancer > 2024-05-26 17:38 | Report Abuse

Ninja Van Malaysia’s Singapore-based parent company Ninja Logistics Pte Ltd (Ninja Van Group) has raised US$976.5 million in the 10 years since its establishment. Investors include Singapore-based tech venture capital firm Monk’s Hill Ventures, Insas Bhd, DPDgroup (Europe’s largest parcel delivery network), China’s Alibaba Group Holding Ltd, B Capital Group Management LP and ride-hailing firm Grab Holdings Inc.

Source: TheEdge (2024) Ninja Van Malaysia takes pole position with record growth pace, Apr 23

Posted by Tatooine > 2024-05-26 20:39 | Report Abuse

Ninja van Badly loss making . Sing $326 million loss 2023. Good they sold

Posted by Johnchew5 > 2024-05-27 09:12 | Report Abuse

Ninja Van holding off on IPO plans until profitability improves

By Olivia Poh / Bloomberg
18 Mar 2024, 06:25 pm

(March 18): Logistics provider Ninja Van has put plans for a stock market debut on the back burner, the latest sign of tech startups’ struggles with falling valuations across the industry.

The Alibaba Group Holding Ltd-backed delivery company is focusing on improving its profitability before going ahead with an initial public offering, chief executive officer Lai Chang Wen told reporters in Singapore on Monday. The company expects to reach positive earnings before interest, taxes, depreciation and amortisation in 12 months, he said.

“That in itself is not a strong IPO story,” Lai said. Ninja Van needs “to show that we are a viable profit machine,” he said.


Investors have become more cautious as Southeast Asia’s technology firms including Grab Holdings Ltd, Sea Ltd and GoTo Group have seen their stock prices plummet. While e-commerce is gaining popularity in the region of more than 650 million people, stiff competition has kept profit margins slim and tech companies have resorted to job cuts as they fight to balance growth and profitability.

Founded in 2014, Ninja Van operates in six markets in Southeast Asia and delivers more than two million parcels a day in the region, according to its website. It raised US$578 million (RM2.2 billion) in a Series E round in 2021 from participants including Alibaba and B Capital Group, the venture capital firm set up by Meta Inc’s co-founder Eduardo Saverin. The round lifted the company’s valuation to well beyond US$1 billion, Bloomberg News reported earlier.

The company is now considering further fundraising to expand its business and is prepared to accept a lower valuation, Lai said. Ninja Van is steadily moving away from aggressively growing its lower-margin e-commerce business to build logistics capabilities into the business-to-business segment, where it predicts better profitability and less intense competition, the CEO said.

Posted by Johnchew5 > 2024-05-27 09:15 |

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Posted by Sslee > 2024-05-27 10:20 | Report Abuse

Aiyoyo,
Jaks cash poor/cash flow problems and every year either PP or RI and never give any dividend but insiders reward themselve with miltimillion LTIP free shares grant.

Posted by Johnchew5 > 2024-05-27 11:09 |

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Posted by TheContrarian > 2024-05-28 14:16 | Report Abuse

Today YTLPower MGO of Ranhill at 99.5 sen per share. In February 2026 Thong MGO of Insas at 90 sen per share?

Posted by Income > 2024-05-28 14:41 | Report Abuse

The rat mcyc is here and kacau kacau but Insas still ok.

Posted by Johnchew5 > 2024-05-28 15:21 |

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Posted by Tatooine > 2024-05-28 15:22 | Report Abuse

Omesti forced to sell microlink shares as it has no cash left. thong ruined another company

Posted by Johnchew5 > 2024-05-28 15:24 |

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Posted by xiaoeh > 2024-05-28 16:08 | Report Abuse

Posted by Apple2353 > 3 minutes ago | Report Abuse
if anybody can tell you which counter can fast in and fast out and make money, that guy must be GOD

Income sifu...
it that u....?

Posted by Income > 2024-05-28 16:39 | Report Abuse

Yes, Fifo is the game Bursa plays. Fast in and fast out.
The God of gambler.

Posted by Income > 2024-05-28 16:42 | Report Abuse

I trapped in Scib. I can’t Fifo Scib. Balian no where to be seen now. I need Balian Sifu to promote Scib for all to come buying Scib .

Posted by Income > 2024-05-28 16:45 | Report Abuse

I fast in and fast out only once in Scib to buy McD. Yummy. But now trapping in Scib.
But Sslee Sir trapped in Scib bigger than me.

Posted by Income > 2024-05-28 16:46 | Report Abuse

Xiaoeh Sifu, can you Fifo Insas???
Can earn McD bohhh here

Posted by xiaoeh > 2024-05-28 16:57 | Report Abuse

the main point is not trapped or not trapped Income sifu as of above
the main point is...
we finally found out Income sifu=GOD

Posted by xiaoeh > 2024-05-28 16:57 | Report Abuse

wa lao...
my english really sucks....

Posted by TheContrarian > 2024-05-28 17:47 | Report Abuse

Don't get trapped in Insas.

Posted by Tatooine > 2024-05-28 19:07 | Report Abuse

Microlink post loss of rm25 million. Thong senior and junior complete failure!! How the insas board can waste more money on microlink and the risk committee approve it shows how badly insas is run and breaching there duty!

Posted by TheContrarian > 2024-05-28 20:54 | Report Abuse

Insas has cash over RM1,000,000,000. Microlink loss RM25,000,000 no worries. If Insas sells 7.5 million Inari shares at RM3.40 already more than RM25 million in sales proceeds. Insas selling at 80% discount, hurry and buy.

Posted by Sslee > 2024-05-28 21:59 | Report Abuse

Insas only hold Omesti as mark to market financial asset.
Omesti hold microlink and has nothing to do with Insas.

Posted by Johnchew5 > 2024-05-28 22:01 |

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