Thought Sarawak purchase of Affin from LTAT already a done deal pending formality. Already March still no announcement?

Reminder to Mr Sslee, correction middle of next week.

So many of you people! Who is who actually?

If Jaks price keeps dropping Mikecyc will vanish like the cat.

EPF buying back BIMB.

Not yet bottom.

Back in mid-January Ah Tong sold Maybank at 9.06 to buy Insas-WC at 0.42. Today Maybank closed at 9.60 and Insas-WC at 0.265. Don't be like Ah Tong

Why Insas closed red again?

Wow, 2.59.

Forum so quiet, no promoters, no Mikecyc.

Tong bought Insas-WC because he thought someone was making an hostile takeover but everyone else thought Tong was the one making a hostile takeover. So amusing.

Tong submitted his portfolio report as follows : based on Insas closing price of 1.09 he makes an unrealized gain of RM39,016 (Insas price has closed at 1.07 on Friday) and based on Insas-WC price of 0.28 he has an unrealized loss of RM18,461. Buying Insas-WC at 0.42 was probably Tong's dumbest decision.

Last time price was 1.04 was on 15 January, am I not right?

Insas broke through RM1 on 12th January, a Friday in the last half an hour of trading, closing at 99.5 sen. The following Monday, 15th January Insas rallied to close at RM1.20. Anyone who bought on that day and didn't sell to take profit or cut loss is now probably trapped as Insas closed RM1.07 last Friday.

Rabbit 2 years, turtle (or is it tortoise) 200 years ..... what about a cat trapped in Insas for 15 years?

Insas isn't the only undervalued counter trading far below its NTA. There are hundreds others. Affin Bank has a NTA of RM4.70 and at one stage last year or the year before it fell to around RM1.50. A bank selling for 1/3 its NTA! But nobody wanted to buy except me and one other person. Actually I made higher gain in Affin last month than I did in Insas. Bargain price isn't only in Insas. Seek them and you will find.

How will Insas perform tomorrow? Will it open gap up and speed to reach limit up level? After all Insas is so deeply undervalued. Maybe someone has decided to do a hostile takeover. Hahahahahaha.

Loneliness can drive a guy to sell.

I remember during 2nd day of CNY there were 3 people who heavily promoted Insas writing such long comments. Second day of CNY those 3 people don't have a life? Must be very lonely people who only talk cock on Insas. Now CNY over those 3 people suddenly vanished.

The vegetable raider also gone missing.

Nothing good about KPS, I buy in case suddenly they announce to take it private.

I doubt whether cat will return, she will probably get a new ID.

Reminder to Mr Sslee, correction probably in mid-March.

Defense Minister is asking for a higher price from Sarawak of RM2.60 per share or else there's no approval. Those LTAT people who negotiated a price of RM2.40 have since resigned.

People such as Leno and stockraider have no integrity. Obviously these people have been trapped at high cost and the only way for them to get out with a decent profit is to mislead others to buy high so that they could sell above their break even price.

EPF has been selling but someone else is buying aggressively.

Yesterday Insas last hour was a dead cat bounce. A dead cat can bounce only once. At current entry price Insas appears to be a value trap meaning once you buy at current price it might be hard to exit for a good gain.

@Mikecyc, Mr Sslee already sold Insas substantially above RM1.25.

Go, go, go BIMB.

The cat still missing.

I think I sold Southern Acids before 2001.

SAB ..... Southern Acid? Remember selling at around RM6 a long time ago.

Anyone bought Insas today? Don't be shy to tell.

The other blog the Author very upset.

Insas cantek! Dead cat bounce.

A value trap persuades investors because the trade appears inexpensive relative to historical valuation multiples of the stock, industry peers, or the prevailing market multiple. A value trap can drop further after an investor buys into the company.

KEY TAKEAWAYS
Value traps are misleading investments trading at low levels that present buying opportunities for investors.
For a value trap investment, the low price is often accompanied by extended periods of low multiples.

What Is a Value Trap?
A value trap is a stock or other investment that appears attractively priced because it has been trading at low valuation metrics, such as price to earnings (P/E), price to cash flow (P/CF), or price to book value (P/B) for an extended period.

Affin QR out, declares final dividend.

Bought at 74 sen.

Insas now is what I would call bleeding. Waterfall is what is happening in PBA right now.

It is lonely here.

We wait and see if there's notification from EPF.

Based on latest QR Insas net cash after deducting loans/borrowings (but not preference shares) is about RM900 million which is around RM1.30 per share. Who in the right mind would sell Insas at RM1.09?

I just received my daily morning report from my broker which shows that foreign funds were net sellers in KLSE yesterday. This is bad news because if foreign funds continue to sell down, our KLSE CI will reverse, retailers will start to lose confidence. And Insas ..... Insas will be extremely difficult to reach 60 ringgit.

Cat still missing?

Chart patterns change by the hour, sometimes by the minute. Anyway I don't have access to charts and to me it's so confusing ..... got fake breakout , got black doji, white doji, green doji, red doji etc.

I will be lonely here.

Unfortunately I don't read charts.

I participate in forums which I have shares invested to exchange opinion as we can gain information and knowledge from others, so that we collectively benefit and made the most out of our investment.

You don't learn this by reading stock investment books or attending investment talks, you earn the gains by actually timing when to buy and when to exit, all decision by yourself.