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 Khazanah: we dah cut loss responsibly, wats wrong?, case FashionValet

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Iceman74
post Nov 2 2024, 07:37 PM

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QUOTE(adamhzm90 @ Nov 2 2024, 06:54 PM)
27mil for 9% stake..
If shark tank kena grill kaw2
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QUOTE(drug5 @ Nov 2 2024, 07:24 PM)
300m valuation. The broker must be super salesman
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At least u noticed the super valuation of a startup company without any proven track record.

Profit or loss in the venture is part of the risk of investment but value a unknown startup and pump in almost 50m to cash roll it as minority shareholders is bad investment
Iceman74
post Nov 2 2024, 10:05 PM

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QUOTE(xCM @ Nov 2 2024, 08:34 PM)
look at dat revenue, profit and retained earnings
sweat.gif
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Me more interested look at the fixed assets…
For startup company, cash flow is king
Why the hell buy so much fixed assets for what?
100M for fixed assets?

E commerce business ler?
It just provides a platform for buyers and sellers trading only
If manufacturing, then I can understand.
Don’t tell me the company need 100M worth of computers hardware and software?
Iceman74
post Nov 2 2024, 11:25 PM

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QUOTE(fongsk26 @ Nov 2 2024, 10:23 PM)
Hahahaha,, since you said this, you might want to ask Formula-man why he spent 85 MILLIONS on PADU…. What did he actually spend  on…
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Me don't have info on breakdowns, so me can't comment

Maybe he need convert to USD ler, no much ler to hired foreign consultants, if u know what I mean .. lol!

There is also the LRT3 additional 5 stations, need RM5B extra
Need more 1B for each station, they think we stupid ar?
Iceman74
post Nov 3 2024, 08:14 AM

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QUOTE(fongsk26 @ Nov 3 2024, 07:06 AM)
PADU is supposed to be developed in house with lower costs…I do not know if 85 million is ‘lower cost’ since there are no bench mark. 
LRT3 add 5 stations, increased 5 billions… the new highway to complement NSE in Perak went up by another 5 billions (I thought it was 5 billions), as well, just at planning stage….well, if it had been the other side of the political divide, a lot of RBA and PHcais will guling guling at Dataran to protest already, I suppose.  Luckily PNcais are still smart enough not too injure themselves or make themselves look more stupid by guling guling around.  They prefer to guling around the bed with aweks and what-nots, I suppose.  More fun and better returns.  Anyway, PNcais also are not concerned since this increases do not bother their religion…. Hence…
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Haha.. yeah. Our supposedly current opposition do the check and balances, all tak boleh pakai. I guess they don’t know what is all about when dealing with figures. If R&R, sure they are expert.



 

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