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News I Serve Mall, Money game

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stevenryl86
post Oct 12 2023, 09:22 AM

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Take in illicit fund cuci come out clean
dagnarus
post Oct 12 2023, 09:35 AM

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so how now? scam or no scam?
motodiary
post Oct 12 2023, 09:50 AM

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**** double post ****8

This post has been edited by motodiary: Oct 12 2023, 09:51 AM
motodiary
post Oct 12 2023, 09:51 AM

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QUOTE(gaviscon @ Jun 9 2023, 08:36 PM)
user posted image
For all the investors that believed in Dato Goh's lies on that 30% ++ returns,
here is a clear proof he is a big liar.
how in the world can k8xpress gives such good returns when FamilyMart by QL can't.
7-11 and mynews and CU has lower profit margin.
As shown in the table below, the PBT (Profit Before Tax) is 6.1% for 2022 and 5.6% for 2023.
After tax, how much is the profit?

FamilyMart can only make 5 to 6% profit, but somehow, Goh's convenient store can give 30% return, means they have to make more than 30%, what is their profit margin? 40%?

Faster make police report.
*
sorry for investor noob question but which acronym is for 7-11, MyNews, CU... I presumed you are using the holding company name (of which it is not immediately known)

JimbeamofNRT
post Oct 12 2023, 10:06 AM

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kasi up!

https://theedgemalaysia.com/article/iserve-...t-freeze-orders
gaviscon
post Oct 12 2023, 10:07 AM

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QUOTE(motodiary @ Oct 12 2023, 09:51 AM)
sorry for investor noob question but which acronym is for 7-11, MyNews, CU... I presumed you are using the holding company name (of which it is not immediately known)
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The screen shot is QL parent company, they sell eggs, palm oil, etc, CVS is FamilyMart subsidary.
711 you have to go find their annual report.
profit margin wise, FamilyMart is around 6-8% after covid... was around 10%+ before covid if am not mistaken.
711 is lower than FM.
CU/Mynews lose money after covid.

So, question is, how can Goh give so much profit in term of percentage when the industry average is around 5% average annually.

either Goh is very very very super extremely good in business or he is a scammer.

This post has been edited by gaviscon: Oct 12 2023, 10:08 AM
TSShining star
post Oct 12 2023, 10:57 AM

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today shock news. MY airlines suddenly stop operation, urges passenger no need to go airport from 12 Oct.

refund matter you dial their customer service.
but i guess no body to service you as suddenly everything gone…..

This post has been edited by Shining star: Oct 12 2023, 10:59 AM
nieru21 P
post Oct 12 2023, 02:17 PM

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Interesting. Just one day after NST published that MyAirline have found a major investor from Sarawak; and then this.

“ MYAirline Sdn Bhd is believed to be close to securing a new investor, potentially Sarawak Premier Tan Sri Abang Johari Tun Openg's son Abang Abdillah Izzarim Abang Abdul Rahman Zohari, as the cash-strapped airline weathers through a financial storm.”

I guess they have found their scapegoat?
version46
post Oct 12 2023, 03:21 PM

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QUOTE(nieru21 @ Oct 12 2023, 02:17 PM)
Interesting. Just one day after NST published that MyAirline have found a major investor from Sarawak; and then this.

“ MYAirline Sdn Bhd is believed to be close to securing a new investor, potentially Sarawak Premier Tan Sri Abang Johari Tun Openg's son Abang Abdillah Izzarim Abang Abdul Rahman Zohari, as the cash-strapped airline weathers through a financial storm.”

I guess they have found their scapegoat?
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It was pure speculation either by myairline or their desperate investors cause his son was spotted at one of the townhalls.
TSShining star
post Oct 12 2023, 03:28 PM

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QUOTE(version46 @ Oct 12 2023, 03:21 PM)
It was pure speculation either by myairline or their desperate investors cause his son was spotted at one of the townhalls.
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must be speculation…you think the investor is stupid ah?
MY airlines in bad shape and loss multi million……

if investor come in want to settle all the debts
then why not set up another new airlines is much better?
gaviscon
post Oct 12 2023, 03:45 PM

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QUOTE(Shining star @ Oct 12 2023, 03:28 PM)
must be speculation…you think the investor is stupid ah?
MY airlines in bad shape and loss multi million……

if investor come in want to settle all the debts
then why not set up another new airlines is much better?
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correct, many people dont know how business are run, they think businessman just go in and buy the company and the debt just disappear.
the new owner will have to settle the debt, they own it by buying up the company.
Medusakia
post Oct 12 2023, 04:07 PM

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You all should lodge police report and MACC against Goh Hwan Hua scammer behind this scandal rather than commenting here
Medusakia
post Oct 12 2023, 04:09 PM

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QUOTE(JimbeamofNRT @ Oct 12 2023, 10:06 AM)
Funny thing illegal deposit taking is charge in court. This Goh Hwan Hua with the help of muhyiddin’s lawyer just pay penalty. Clearly there is some hanky panky
bowranger
post Oct 12 2023, 07:15 PM

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So why PN and Muhyiddin government still allow the scammer to set-up the airline ???
Chowda
post Oct 12 2023, 07:19 PM

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From: Land of the Hornbills, Land of the Free


QUOTE(nieru21 @ Oct 12 2023, 02:17 PM)
Interesting. Just one day after NST published that MyAirline have found a major investor from Sarawak; and then this.

“ MYAirline Sdn Bhd is believed to be close to securing a new investor, potentially Sarawak Premier Tan Sri Abang Johari Tun Openg's son Abang Abdillah Izzarim Abang Abdul Rahman Zohari, as the cash-strapped airline weathers through a financial storm.”

I guess they have found their scapegoat?
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News 5 hours ago says no, speculation only

Abang Jo rather buy Maswings
Loqacious
post Oct 12 2023, 07:22 PM

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kesian
TSShining star
post Oct 12 2023, 10:13 PM

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QUOTE(bowranger @ Oct 12 2023, 07:15 PM)
So why PN and Muhyiddin government still allow the scammer to set-up the airline ???
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To be fair.
To allow the license was one big issue.

But the current govn also didn't so quickly response (when I serve been seized and fined, why didn't go to observe the funding and operation of MY airline)? The key shared holder was the same person.
Also they didn't regulate like apply highest compliance standard and due diligent.... were also another problem
Some staffs were not given salary since last August, no EPF contribution..... Why no action and drag burst till October ?
gaviscon
post Oct 13 2023, 10:44 AM

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user posted image
user posted image

i-serve dont pay salary to worker... many months.... all slowly close shop soon, gomart everything will slowly close shop... those that sign the new contract agreement, remember, u sign your rights away, i-serve can choose not to pay back. finish. nothing. zero.
TSShining star
post Oct 13 2023, 12:31 PM

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QUOTE(gaviscon @ Oct 13 2023, 10:44 AM)
user posted image
user posted image

i-serve dont pay salary to worker... many months.... all slowly close shop soon, gomart everything will slowly close shop... those that sign the new contract agreement, remember, u sign your rights away, i-serve can choose not to pay back. finish. nothing. zero.
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This issue been raised two years ago. Despite we alert....no one was care. Especially the victim think the boss can kaodim....

Now siapa makan chili tau pedas...
Immediately lodge police report, visit BNM, consult with SC...

fuzzy
post Oct 13 2023, 12:49 PM

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QUOTE(Shining star @ Oct 6 2022, 02:57 PM)
Don't make me laugh... wake up at 4:44 AM to reply it. Why so excited

This is no small mind, but tactical and analytical mind.
Can't answer then ask your boss to answer la.

How to fight with Capital A with your limited resource (2 or 3 plane vs over hundred plane fleets)?
How to compete with Air asia and yet investor to get good return? what kind of business model?

https://en.wikipedia.org/wiki/MYAirline
https://en.wikipedia.org/wiki/AirAsia#Current_fleet
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Stamp now like very quiet whistling.gif

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