Good. CI down, but Insas up, hopefully above 4% today. Huat together..

My price below 52week low, I am willing to wait much longer. I bought Pmetal on the same day, being in out few times. No regret if can go near the intrinsic values..

@TheContrarian. Nvm the desperate sellers, we can promote the good FA for awareness so that more buyers to absorb desperate sellers, hopefully. Huat together..Thanks, your warning make me read the 2016 report one more round.

Just gone thro' 2016 report one more round, very good figures, to quote: Non-current Asset/Liabilities 683mil/211mil; Current Asset/Liabilities 1.215bil/0.33bil; Retain reserve 559.54mil. I think really good counter for take over target. Don't mind me on hot topic now of TA, FA, D(ynamic)A, V(alue)A, C(urrent)A discussion on which is better, just wanted to join in the fun of i3 forum and learn/share something with all the sifu..

Now clear break-out from 0.75, hope huat together..

Good pointers from good sifu, pointers for my own record purposes only i.e.
- Buy only when they are selling cheap. Buy more in times of bad market sentiments or when the stocks were sold down excessively.
BLee - Every sell down got a reason, if panic sell down not related to stock, then ok.

- Preferably not to chase bullish stocks. Let winners run
BLee - totally agreed.

- Hold intermediate to long term, only consider to sell portions or all when share price rising too fast, approaching or reaching target price, or there is change of fundamentals.
BLee - totally agreed.

- Money use for stock investment is not or any near future commitments do help.
BLee - Very difficult, risk management in-play, trying very hard for rotation play, i.e. no sell no buy..

Thanks KC and Ho for this good article.

Finally standing at 0.75, hope to see the break through. Actually, slow climb is better for the long term.

"Today got wine, today we drink and get drunk. Celebrate." I like this if no need drive. But there is always tomorrow. Be a rotation player i.e. no sell..no buy. Take a portion of profit and put in reserve. Sure will not lose money. Be perseverence...

Good article sharing. It will be a game changer, not necessary until usd10/bbl. Time to look at renewable energy company as definitely consumption will shift towards alternative energy source.

Seems Insas start window dressing for end 2016, hope can break 0.75. Happy Solstice festival for all celebrating..

@SenSeng Loh good observation. Sooner or later, the bloated NTA will bloop i.e. target take-over, bonus issue, etc. Need to be patient..Recently, a lot of forum discussion on FA, TA, whateverA; I think Insas is a good case studies.

@beso is right on drop back not even reach 0.75, useless is yet to be seen..3 previous QR ok..

Thanks for answering. I do not view SKIN as financial asset as B.O.T. concept carries risk of changing technology and software/hardware update unlike physical assets which can consider 'new' after completion in 3 years time. Just my view..Thanks again.

Very informative. I think can be enhanced if consider depreciation of hardware and licensing for software as life circle for both roughly also 3 years. Another consideration is the support cost for the next 12 years. My 2 sen worth as I am not an IT expert.

Strongly agreed on item 2 for way forward for i3. All three have pro and con on FA, TA and CA ( Current Analysis, which I like to promote. Example: Brexit, Trump effect, IoT, eFTZ, currency war, commodity price, etc..)

For export stock, raw material must be local, not buy usd and sell usd..

I am a season retail investor, how can I not lose $ from share market? Never never chase a stock if already move up..by let says 30% above 52 weeks low..take profit if own TP met..just my 2 sen worth.

I have spotted but don't understand on so many type of warrant. Started posting to find answer but no answer forthcoming. No 'free lunch' as advised don't come free, so better take profit first. Another battle another day..all the best to those who hold long term..

Yes, got 'loT' of friends in 'IoT' telling me got 'loT' of jobs and pay wells. Second 'IoT' bubble building up... Please share and be part of CA, Current Analysis. Note: iot and Lot interchanged, not typo error.

FA and TA are all historic analysis. I think we need 'CA' Current/Constructive Analysis. I am doing that for Pmetal. I think I can get a good price after 'ex' price as it will be more share floating around, especially warrant c as too many given 'free'. My 2 cents. A good company is like running a Marathon, we need to look at long term and sustainability. At present, Pmetal is such a company unless some good competitor come along.

Thks Calvin. Different between Uncle Calvin and Uncle Kyy is at least uncle Calvin will give an honest reply despite some constructive criticism.

Uncle Calvin, noted on your good intention. Maybe you can give some advise on Pmetal. I have being in and out Pmetal few times and made good profit. Out now totally and intention to be in again after bonus and split. I am also doing a study of all 3 call warrants, only warrant issued by Pmetal compensated with extra warrant, so a bit scary to buy the wrong warrant. Thanks kcchongnz for so informative article. Tq Calvin.

Take note: Holders of 2011/2019 Warrants C in PMB ("PMB Warrants") who wish to be entitled to the Share Split and Bonus Issue should exercise their PMB Warrants by lodging their duly completed exercise forms together with the subscription monies with the Share Registrar of PMB on or before 5.00 p.m. on 27 October 2016 for their names to appear in the Record of Depositors as at 5.00 p.m. on the Entitlement Date.
Only 2 days left to convert..so short notice, anyway encashed..maybe will buy 'mother' after adjusted price..

https://www.digitalnewsasia.com/business/budget-2017-focus-malaysia%E2%80%99s-digital-economy. This could be one of the reason Iris is moving. Let see what happen tomorrow, budget day. Hope it will be more project for IoT company, no need all the 'cutting throat' among competitor.

Thanks kcchongnz for "warning" on share splitting. I being following Pmetal splitting exercise and did not know what to do. Finally I sold off all my holding with a handsome profit including "free" warrant. Agreed with this article, the warrant is "free" only you sell and make the profit. This is not an advise to sell Pmetal as it has great potential..

After further surfing, there might be more vendors/companys involved. http://www.thestar.com.my/business/business-news/2016/07/01/smaller-packages-for-immigration-job/. Hope someone might enlighten us.

A good read at: http://m.themalaymailonline.com/malaysia/article/review-to-decide-fate-of-myimms.
Most of us can guess which company/vendor referred in this article. The forum page of this company/vendor being hitting Iris left and right, why no reponse here?

Good info. I started in i3 just wanted to understand more on what happen to pmetal-w with the proposed split of mother share and conversion to NEWCO. Maybe some one can give indication of new conversion price with new price of mother share after all the proposal. I am lost, to keep, to convert or to add..

Ytd walk past immigration, Iris card reader still in use, therefore Iris technology in hardware still in use. I think Iris still getting maintenance income. Good report on the comparison. Bravo Sherlock.

Petroleum industry? O&G at d moment downtrend. Could it b one of d reason of Megasteel closure?

NTA, not so much in fixed assets, but in (T) tangible assets. A lot of property counters not having land re-valued, not overvalued. It can be tangible if develop and sold off at high premium. Another case is receivable which can turn into bad debts, it can greatly change the high NTA. So in my humble opinion, believed in high NTA, but checked any tangible assets which can turn negative easily.

I'm waiting some one to ask this question. It is general knowledge warrant not entitle for bonus, share split, dividend, voting rights, etc depending on deed poll..Most deed polls will have complicating convertion formula for such situation. Really need an expert to understand which I am not. Just my 3 cents worth..

Tomorrow hopefully fast n furious like today, not at my desk n miss chance to grab my TP 30% of 0.155. up up Iris..

I hope goreng goreng, just went in at 0.155. NTA of 0.26, 1Q16 n par of 0.15. A lot of warrant conversion at 0.15. Probably not go lower of year low of 0.13.

NEWCO usually temporary name for company do restructuring and merger. It will rename to new identity for PMETAL Holding. Other details still unknown, wait for announcement..

I think need understand which part of business in Newco?