It will cost a billion ringgit or more and would still fail to take over...:)

If it delivers 4 or 5 or 6 Sen, it would be super ! :)

Yes....I think investors would like to see how the company perform after dismal results in the first 3 quarters last FY16....despite excellent results in the final quarter...

I conservatively assume the 4 quarter results as
1Q.......2Q.......3Q.......4Q...
3sen...4sen....5sen... 6sen.. total 18sen

But I think it would exceed....
Keep our fingers crossed. :)

Why different dividend policies?

Inari pays reasonable good dividends...
Would Insas also pay reasonable dividend as Inari...

http://quotes.wsj.com/MY/INARI/company-people

http://quotes.wsj.com/MY/INSAS/company-people

The majority of the directors in the 2 boards of directors of Insas and Inari are the same...5 members are common in the 2 boards...

Traditionally 4Q is the best business quarter. The coming 1st quarter results should be good when compared YoY. It maybe not as good as the last Quarter ie..QoQ...

I don't have too high an expectation on the coming Quarter results...Anything above 3 Sen per share is good! Hopefully can deliver 4-5 Sen per share....:)

Some brokers recommended technical buy when PIE @2.48.... Contra players are caught and will be flushed out by today/tomorrow...

Inari then was 1.70 (adjusted for 1for 1 bonus)....it has since increased in price by 30% today....:)

Haha! Thecon, not crash lah! The market was bullish at the opening following the announcement and market opened gap up, at the resistance price of 75sen, gap up, then the selling was overwhelming and finally drifted to 68sen on T+4 subsequently.....The overall market was bad the last November... :)

Why Aug? FD mature in Aug? :)

Duit expect market bottom in August?

Hopefully, on QR announcement it will gap up!

If this QR can deliver 8sen as projected by The contrarian, EPS for 9 months would be 20sen !!!

Walaoyeh!!! :)

http://www.theedgemarkets.com/article/insas-jumpstarts-electric-tesla-leasing-business

TESLA LEASING BUSINESS
ANOTHER POTENTIAL FUTURE EARNINGS DRIVER

In the last AGM, someone asked for more dividend, was told that the company conserved cash for expansion. Tesla was mentioned.

The wording of the last dividend was different. It is called FIRST INTERIM DIVIDEND instead of the usual INTERIM DIVIDEND.

Wonder if there could be surprise with SECOND INTERIM DIVIDEND in the coming QR announcement?

INSAS though only owns 20.7% of INARI, is the controlling major shareholder

DSTKK, DR TAN and DATO WONG on the board of both INSAS and INARI...

INARI is also Thong's counter, isn't it? It has been rising to all time high and increased 20 folds in 5 years from 2012....Aren't FM in?

Perception would change over time just like investors shun TSRDLSC counters! But once the price move.... everyone jump in ... even on rumours.... LOL!

atuck, insas owns 402,411,300 shares in Inari.
Total Insas ordinary shares is 663,006,342 (excluding 30,327,291 treasury shares)

So, every 1000 Insas shares indirectly owns 606.9 Inari shares.

Inari declared 2.2 Sen 3rd interim dividend per share. Insas is going to receive 8.8millions dividend from Inari. The last 2 Quarters Insas already received more than 9.6 millions in dividends from Inari.

If the total annual dividends received from Inari is more than 20 millions, it is enough to pay 3 Sen annual dividend per insas share. Just divert the dividend received from Inari!

DSTKK, hope you read this! :)

1000 shares of insas indirectly own 607 shares of Inari.

Inari's contribution to earning of Insas= 2.62x0.607=1.59 :)

Zexon, thank you for your advice...already did that....

Inari contributed 1.59 Sen for each Insas Share in the 3rd Quarter Financial Results ending 31st March 2017. :)

Do you think DL will use Malton to jointly tender for it or in his personal capacity?

Pavilion KL and Pavilion Damansara, both are personal projects....... :)

Don't see any buying activities. The stock is soooooo quiet...I used up my bullets!

Please drop to 70 Sen! I will sell all my other shares and switch to Insas!

LOL!

4.5 Years made 70.69 Sen per share...means I give it a PE of 4.5!

LOL!

I queue 70 Sen to buy since the co made 70.69 Sen per share since FY2013 till today.....
9.14+24.1+13.73+11.67+12.05=70.69

LOL!

I would not dare to say that Century' s share price could not go up ! LOL!

GDEX FY16 ending June EPS=2.66 Sen, NTA =29sen, 6 months earning todate as at Dec 2016, 1.25 Sen. Proposed 3 for 1 bonus..... nominal face value per share is 5 Sen..... NOW SELLING AT RM2.95!

The Management took RM344 millions company funds and invested in securities.....!

About 52 Sen per share..

Are the funds placed with fund managers?

In the past five years, the average return is positive estimated at around 8% per annum. ..

GDEX SHARE PRICE AS AT 30.12.2016 IS 1.69

TODAY 2.91.

AN INCREASE OF 72%

CENTURY APPEARS A PALE COMPARISON IN THE RISE IN SHARE PRICE! LOL!

Financial Highlights CENTURY LOGISTICS
2012 2013 2014 2015 2016
Profitability
Revenue (RM’000) 256,853 255,813 275,232 297,876 300,289
Earnings before interest, tax,
depreciation and amortisation (EBITDA) (RM’000) 40,386 42,645 55,187 54,619 37,930
Profit before taxation (RM’000) 24,861 27,209 42,439 41,003 25,594
Profit for the year attributable
to equity holders (RM’000) 17,614 22,553 33,287 31,948 20,170
Balance Sheet
Share capital (RM’000) 95,820 122,064 183,096 186,818 192,367
No of shares in issue (units) (’000) 95,820 122,064 366,193 373,635 384,735
Shareholders’ equity (RM’000) 218,785 252,578 270,514 288,768 301,485
Financial Ratio
Revenue growth -8.8% -0.4% 7.6% 8.2% 0.8%
Earnings growth -41.4% 28.0% 47.6% -4.0% -36.9%
Return on equity 8.1% 8.9% 12.3% 11.1% 6.7%
Share Information
Weighted average number of
ordinary shares (units) (’000)* 256,886 328,059 365,019 370,067 380,705
Dividend per share (sen)* 3.2 4.0 4.7 5.5 3.5
Earnings per share (sen)* 6.86 6.87 9.12 8.63 5.30
Net assets per share (sen)* 85 77 74 78 78
* Weighted average number of ordinary shares in issue in years 2012 and 2013 have been adjusted as if the proportionate
change in the number of shares arising from the bonus issue and share split exercises in 2014 had taken place at the start of each of these years.


5 YEARS AVERAGE EPS=7.3

30% increased in the share price in 2017 is a rerating and at current price of 1.20, the PE is still in the 20s.... more to the conventional PE valuation..... The PEG, PE over growth is less than 1.... that's why CJ willing to pay 1.45 as they are confident they could deliver since they are they experts in the business..... :)

For high growth stocks and exciting future, the PE accorded is very much higher and would not follow conventional valuation.... just like GDEX, POS, KAREX and so many others... :)

UP WITH VOLUME
DOWN NO VOLUME

ACCUMULATION! :)

Five Years Group Financial Highlights
2016 2015 2014 2013 2012
RM’000 RM’000 RM’000 RM’000 RM’000
Revenue 272,723 406,802 276,520 297,324 235,376
Profit Before Taxation 88,090 98,911 171,151 62,600 11,316
Profit After Taxation Attributable to Owners of
the Company
77,376 91,129 160,404 62,041 12,601
Total Assets 1,899,602 1,941,751 1,607,052 1,359,311 1,322,399
Total Liabilities 542,380 671,458 404,234 326,097 350,985
Total Borrowings 462,980 564,548 282,339 169,916 242,785
Equity Attributable to Owners of the Company 1,349,664 1,265,770 1,195,681 1,030,292 967,659
Number of Shares in Issue, net of Treasury
Shares (Thousands)
663,007 663,007 664,206 670,178 691,368
Earnings Per Share (Sen) 11.67 13.73 24.10 9.14 1.84
Net Assets Per Share (Sen) 204 191 180 154 140
Return on Equity (%) 5.7 7.2 13.4 6.0 1.3
Return on Total Assets (%) 4.1 4.7 10.0 4.6 1.0
Gearing Ratio 0.34 0.45 0.24 0.16 0.25

Current FY17, 6 months EPS 12+, Whole year ?

But Inari is under the same management, isn't it?

Things could be changing as it is far better now than yesteryears! LOL!

Gain on fair value changes of financial assets at fair value through profit or loss is reported in Other Income

Loss on fair value changes of financial assets at fair value through profit or loss is reported in Other Operating Expenses.

:)

Anticipate the coming Quarter earnings should be very good! Expect handsome contribution from INVESTMENT HOLDINGS AND TRADING which invested RM344,000,000 in the Malaysian and the overseas markets as at 31st Dec 2016. As at 30.06.16 total RM312M (131M in Malaysia and RM181M in Overseas).

Date.........31.12.16. ..................31.03.17
KLCI. ......1,641.73. ..................1,740.09
S&P500..2,238.83................... 2,362.72
HSI ........ 22,000.56..................24,111.59

Would the investment yield good return?

Inari looks very good..should deliver good results....
M&A good business !
EPS for the 3rd Quarter = ?

WOW! THIS IS HARD SELL!

BUY/SELL AT YOUR OWN RISKS.. :)

When economy is no good, online shopping will become more popular as it is cheaper to shop online.....it is becoming popular with the younger generations...

Bought till no bullet.....

Buy/sell at your own risks...

Too much attention is being paid to Inari though it is a major profit contributor and a value enhancer for Insas share price, another very important investment of Insas is the "INVESTMENT HOLDINGS AND TRADING" which is investment portfolio of securities invested in Malaysia and overseas total RM334 millions as at 31St Dec 2016....

Stock Markets worldwide experienced a bull run from 1st Jan 2017 to 31st March 2017..... How much realised and unrealised profits would be contributed from this RM334 millions investment in the coming Quarter results?

If conservatively 10% would bring in a profit of RM33.4 millions

The density of the recipients in the respective cities or towns only matter for the last mile parcel delivery service not the density of the cities or the distance between cities or towns.....:)

Upon release of the coming results, it will fly.......:)

The Koreans are not stupid! They are in this trade and is the largest logistics company in Korea. They are the experts and must have studied everything b4 they bought over the 31% controlling stake @1.45 per share...They know what they are doing....

Unless we are better expert than the Koreans (they should have hired us as their consultants for the deal then), we may underestimate the potential of the parcel delivery market....and fail to apprehend why the market pays such a high valuation for GDEX And POS? :)

TSR Can go on his private capacity just like Pavilion Damansara! LOL!

Guys, the share price will very much depend on the coming quarter results.... if the results are as good as the 4Q last year, it may zoom past RM3....!

Good Luck and Happy Weekend to all ! :)

Duit, it has some correlation. But Insas has so many others apart from Inari.... There are other catalysts to move the price.... but check out the prices for both in the last 1 year taking the closing price at the end of each Quarter...

Date..311215..310316..300616..300916..311216.310317
Inari....1.77...... 1.56.......1.44........1.62.......1.64......2.04
Insas...0.75........0.705....0.635......0.705.... 0.700....0.890
% ........42.3........45.2.......44...........43.5........42.68...43.6

Every 1,000 insas holds indirectly 607 inari.....LOL

Inari still has 991,400 @2.15 onboard buying! Strong!
Insas has 4,600@91.5 onboard selling.. no one takes because too few ! Haha!! :)

Have a good weekend folks! :)

Bought Insas up to the last Penny in the Cash Account...otherwise will take the sellers @91.5 :)

I see ! Thanks linges !