Aiyoyo,
Dumb Dumb Dumbass Mike-tikus did not know / understand that jaks bid for LSS4 at very low payment of xx.xx sen/KWhr from Tenaga and build the solar farm when solar panel cost at it peak.

Thus COD mean Certificate of Dead date since after that date loans interest payment cannot be capitalised and must be included as expenses thus lose quarter for JAKS Solar Nibong Tebal.

Aiyoyo,
Dumb Dumb Dumbass Mike-tikus did not know / understand quarter end 31/12/2023 result on jaks LSS4 below????

LSS4:Revenue contribution of RM4.3 million was recognised in the Group from this division. This division incurred a loss before tax of RM0.4 million in the current quarter due to the depreciation charges and interest expenses.

This one mean will have cash flow problem and unable to pay loan principal and interest for years to come.

Haha dream on that jaks will win the legal case against Star Media, hhen jaks not even dare to take up legal case to recover the receivables.

Aiyoyo,
Not surprising Dumb Dumb Dumbass Mike-tikus did not know / understand that Jaks-WB expired out of money and Jaks-WC exercise price at 49 sen is now out of money and will expired in 2025 with zero sen/zero-sense.

The very simple logic is 2024 Placement Shares will be price at no more than 10% discount to the 5D-VWAMP of JAKS Shares for the 5 market days immediately preceding the price fixing date(s).

And then 2025 another PP or RI at lower price so who in right mind will convert Jaks WC at 49 sen????

Dumb Dumb Dumbass Mike-tikus must be zero-sense to suggest holders will convert their WC come 2025.
Now additional funding from Warrant C with Ex price RM 0.49 expired on 2025 .. the balance Volume if converted is RM 257 million…

Haha jaks No money need PP for working capital, how to plan n do future bidding for new project ( Surprise Dumb Dumb Dumbass Mike-tikus did not know / understand this ) …. With year end quarter got big impairment losses on goodwill and receivables coming, even his BBF StarOfTheBull also know abt it and cut lose before quarter end 31/12/23 out.
Jaks Shl stripping you (PP at lower and lower price) slowly n softly… 😱😱😱

StartOfTheBull I exited before latest QR out.
MrFox

RI of RPS with free warrants is to reward the shareholders who take up the RI.

And at the same time for controlling shareholder Dato' Sri Thong to hold warrants to safeguard his interest incase of a hostile takeover.

Haha what do you expect from dumbass Mike-tikus whom can't read financial report, cut and paste his repeated gibberish and only good in slandering people who hold different opinion and telling the truth.

CPO as commodity price will be up and down due to supply and demand equilibrium, hence no one can give an accurate TP for jayatiasa.

What you need to do is just monitoring the MPOB CPO spot price and the monthly production of jayatiasa FFB to estimate the EPS of jayatiasa next quarter result.

The problem with Mike-tikus is, I already take profit on insas but he still dumb dumb hold his jaks and now looking at how many digit book lose?

So die die also must promote jaks to lure suiyee billis to push high for him to dump.

Jaks do not have money to bid for any new project and no bank want to finance jaks.

What ALP can do is signed as many MOU as possible so that he can justified his multimillion LTIP free grant.

Allowance for impairment of receivables
RM'000
2023: 32,893
2022: 19,770
2021: 23,606
2020: 69,352
2019: 10,967

A way for insiders to syphon out the RI and PP money from jaks to their pocket.

Most likely than not most of the receivables in the book are fake/fraud.

The problem with jaks why yearly impairment losses on receivables but so far no legal action taken to recovered the receivables but wasted so much legal fees to countersuit Star

KUALA LUMPUR (Jan 11): GUH Holdings Bhd is suing a joint venture (JV) of JAKS Resources Bhd for failing to abide by an adjudication decision that ordered it to pay GUH RM11.67 million, together with interests, costs and adjudicator's fees, following the termination of a work contract.

LSS4:Revenue contribution of RM4.3 million was recognised in the Group from this division. This division incurred a loss before tax of RM0.4 million in the current quarter due to the depreciation charges and interest expenses.

This one mean will have cssh flow problem in paying loan principal and interest for years to come.

Repost
Mike-tikus did not know the share of profit from associate company JHDP is just paper profit. What important is dividend from JHDP. Without the JHDP dividend Jaks will have cashflow problems and need another PP or RI for many year till 2030.

JHDP although reported very good profit but can't afford to give good dividend because the 75% loans taken to finance the project was changed into 10 years term loans. JHPD going to have cashflow problems depreciation is 25 years (good profit) but 10 years term loans (need to pay loan principal and interest in 10 year thus poor cashflow for the first 10 years)

Know what is cash flow problems?
If no cash flow problems then why PP?

Insas RI of RPS with free warrants.
Know what is RPS?

By the way know what are jaks RI?

Repost
Jaks
Current assets: RM 591,235,000
Current liabiliaties: RM 536,599,000

Given jaks record of yearly impairment losses of receivables next year still need another PP for working capital
🥵🥶😇

At my age wisdom is more important than knowledge.
Wisdom come from experience as you apply your knowledge to work.

Jaks
Current assets: RM 591,235,000
Current liabiliaties: RM 536,599,000

Given jaks record of yearly impairment losses of receivables next year still need another PP for working capital
🥵🥶😇

After PP another multimillion LTIP shares grant to ALP.

Aiyoyo jaks how many times PP? And to pay what? Working capital, loans, expansion or masuk ALP pocket?

Jaks another PP
The issue price of the Placement Shares, where the Placement Shares will be price at no more than 10% discount to the 5D-VWAMP of JAKS Shares for the 5 market days immediately preceding the price fixing date(s).

The irony is that Mike-tikus keep condemning Insas so did he kbow Insas subsidiary company M&A Securities has been appointed by JAKS as the Adviser and Placement Agent for the Proposed Private Placement?

Jaks is a gruesome company not even able to get loans to exercise the option of addition 10% in JHDP. ALP should have approach insas boss for the loan or ytlpower boss to sell JHDP holding to Ytlpower.

Aiyoyo Mike-tikus promote jaks in ytlpower forum just because jaks got 30% associate company JHDP power plant in Vietnam.

Jaks
Market Cap: 367 Million
NOSH: 2,370 Million
Avg Volume (4 weeks): 10,903,721
4 Weeks Range: 0.145 - 0.20
4 Weeks Price Volatility (%): 18.18%
52 Weeks Range: 0.145 - 0.245
52 Weeks Price Volatility (%): 10.00%

Ytlpower
Market Cap: 29,944 Million
NOSH: 8,159 Million
Avg Volume (4 weeks): 50,937,342
4 Weeks Range: 3.52 - 4.19
4 Weeks Price Volatility (%): 22.39%
52 Weeks Range: 0.83 - 4.24
52 Weeks Price Volatility (%): 83.28%

He should have switch jaks to ytlpower long ago as advise by MrFox

Mike-tikus trapped in jaks at 19 floor mind telling us how many digits book lose now?

Sold some jayatiasa at RM 1.50 to celebrate jayatiasa acheived my TP of RM 1.50

Ah Thong resigned as CEO of Insas in year 2019 so that he do not need to report to Bursa his shares dealing selling/buying as director interest in Insas

AAX hold 49% of Thai AAX.
Thai AAX did not hold any AAX.

Look like my TP of 1.50 cannot be acheived by Insas need to wait longer luckily my jayatiasa is on the raise and hope to break RM 1.50

AAX at current stage have no means to take over capA aviation. If capA forced thro' the deal most likely AAX BOD will end up in jail and AAX another round of debts restructure, capital reduction and shares consolidation

By the way the current AAX shareholdes will be diluted with billions of AAX shares issued to capA to take over capA aviation in lieu of cash payment.

For short term get in new talent people to help Insas invest it cash in equity and money market to earn more incomes better than bank interest rate.

Longer term look into M&A of new business to generate revenue and incomes.

Pay better dividend

My jayatiasa today close up 9 sen to RM 1.39 a big 👍

Between insas subsidiary companies allowed to do Direct Business Transaction.
Reason Acquisition and disposal via Direct Business Transaction

If Inari NAPS is RM 0.71 and profit per share is RM 1.89 that mean Insas Technology sold 5 million of inari at RM (1.89 +0.71) = RM 2.60 to Media Lang.

If later Media Lang sold 10 million inari in open market for RM X.XX then the profit will be RM 10 X (X.XX - 2.60) million

In insas book two different batch of Inari holding.
The bigger block hold since IPO and equity accounting inari as associate company. Cost will be NTA per share of Inari.
Smaller block hold for trading purpose.

Last change Insas holding on Inari.
Changes in Sub. S-hldr's Int (Section 138 of CA 2016)
INARI AMERTRON BERHAD

Particulars of substantial Securities Holder
Name INSAS BERHAD
Address No. 47-5 The Boulevard
Mid Valley City
Lingkaran Syed Putra
Kuala Lumpur
59200 Wilayah Persekutuan
Malaysia.
Company No. 196101000026 (4081-M)
Nationality/Country of incorporation Malaysia
Descriptions (Class) Ordinary shares
Details of changes
No Date of change
No of securities
Type of Transaction Nature of Interest
1 22 Jan 2024
2,000,000
Disposed Indirect Interest
Name of registered holder M & A Nominee (Asing) Sdn Bhd for Media Lang Limited
Address of registered holder No. 45-5, The Boulevard Mid Valley City Lingkaran Syed Putra 59200 Kuala Lumpur
Description of "Others" Type of Transaction
2 23 Jan 2024
2,000,000
Disposed Indirect Interest
Name of registered holder M & A Nominee (Asing) Sdn Bhd for Media Lang Limited
Address of registered holder No. 45-5, The Boulevard Mid Valley City Lingkaran Syed Putra 59200 Kuala Lumpur
Description of "Others" Type of Transaction
3 24 Jan 2024
1,000,000
Disposed Indirect Interest
Name of registered holder M & A Nominee (Asing) Sdn Bhd for Media Lang Limited
Address of registered holder No. 45-5, The Boulevard Mid Valley City Lingkaran Syed Putra 59200 Kuala Lumpur
Description of "Others" Type of Transaction

Circumstances by reason of which change has occurred Disposal of shares in the open market
Nature of interest Indirect Interest
Direct (units) 0
Direct (%) 0
Indirect/deemed interest (units) 527,008,575
Indirect/deemed interest (%) 14.055
Total no of securities after change 527,008,575
Date of notice 26 Jan 2024
Date notice received by Listed Issuer 26 Jan 2024


Remarks :
Indirect interest:-

(1) Insas Technology Berhad - 409,769,375 (No change)
(2) Insas Plaza Sdn Bhd - 103,872,700 (No change)
(3) Media Lang Limited - 12,216,500
(4) Montego Assets Limited - 850,000 (No change)
(5) Montego (S) Pte Ltd - 300,000 (No change)

Insas Berhad is deemed interested by virtue of Section 8(4) of the Companies

Last quarter financial result Insas report net gain on disposal of shares in associate companies: RM 9,445 ,000 by selling 5 million inari form Insas Technology to Insas Media Lang Limited


Stock [INARI]: INARI AMERTRON BERHAD
Announcement Date 27-Dec-2023
Reference No CS2-18072022-00070
Substantial Shareholder's Particular:
Name INSAS BERHAD
Details of Changes:
Currency -
Date of Change Type Number of Shares
22-Dec-2023 Disposed 5,000,000
Registered Name Insas Technology Berhad
Nature of Interest Indirect Interest
22-Dec-2023 Acquired 5,000,000
Registered Name M & A Nominee (Asing) Sdn Bhd for Media Lang Limited
Nature of Interest Indirect Interest
Nature of Interest Indirect Interest
Shares Ordinary shares
Reason Acquisition and disposal via Direct Business Transaction

By the way Ah Thong is holding his free WC in case to fight off any hostile takeover.
And when WC expired he will propose another RI of RPS with free warrants.

I am still waiting when Ah Tong will reach 5% and become substantial shareholder.

Because of controlling shareholders officially only hold 32.96% hence on and off rumour of someone making a hostile take over will cause share price to spike up.

Insas controlling shareholders Dato' Sri Thong and PAC officially only hold 32.96%.
Thus Insas cannot do SBB and controlling shareholders cannot buy Insas without trigger the MGO threshold of 33%

I think human is doomed as ChatGPT already taking over the thinking process from human.

Mind ask ChatGPT is insas an undervalued stock or a value trap?

Did any one know for the past 10 years Insas NAPS grow at CAGR of 7.72%?

https://klse.i3investor.com/servlets/stk/fin/3379.jsp?type=last10fy

The question:
Why would anyone surrender 37,000 Insas-WC + pay Insas RM 37x 900 to convert his Insas-WC to Insas shares?

He would be better off selling his 37,000 Insas-WC in open market then Plus his RM 37 x 900 and buy Insas shares in open market.

Any addition listing whether exercise of ESOS, conversion of warrants to shares, PP or RI need to be announced to Bursa.

As at 29 Sept 2023
ORDINARY SHARES
Number of shares issued : 663,020,762 (excluding 30,327,291 treasury shares)
Class of shares : Ordinary shares
Voting rights : One vote per ordinary share

Because of coversion of 37,000 Insas-WC to insas shares thus the update NOSH: 663,020,762 + 37,000 + 30,327,291= 693,385,053

The detail listing of conversion of 37,000 Insas-WC to Insas shares on 6 March 2024.

Posted by TheContrarian > Mar 5, 2024 8:10 PM | Report Abuse
Got someone exercised on the warrants! Insas number of shares has increased

Stock [INSAS]: INSAS BHD
Announcement Date 05-Mar-2024
Reference No ALA-29022024-00001
Listing Date 06-Mar-2024
New type/class? No
Type Exercise of Warrants
Details Conversion of Warrants 2021/2026
No. of shares issued 37,000
Issue Price Malaysian Ringgit (MYR) 0.900
Par Value 0.000
Total NOSH 693,385,053

Leno is collecting more insas to become a billionaire.

INSAS RM 60 RINGGIT is KAMBENGGGGGGGG AAAAAAAAAAAAAAA !!

😘😘

March 5): Stagnating production and dwindling stockpiles will underpin palm oil prices relative to other edible oils in the near term, according to veteran trader Dorab Mistry.

Production in top grower Indonesia may fall by at least a million tons in 2024, while Malaysian output could remain flat, said Mistry, a director at Godrej International Ltd. The trend is likely to last at least five years, as the industry contends with ageing trees, erratic weather and little improvement in farming practices, he said in an interview.

“I think you have to be reasonably bullish on all oils, but particularly palm,” due to output constraints, he said on the sidelines of the Palm & Lauric Oils Price Outlook Conference in Kuala Lumpur. While production of other oilseeds is set to climb this year, “palm is unfortunately the laggard”, he said.

These supply problems are upsetting the hefty discount palm typically has to alternative oils. The tropical oil is trading at a premium to soybean oil and sunflower oil in some markets, an unusual phenomenon that’s set to continue until around October when palm production seasonally peaks, said Mistry, who has traded vegetable oils for decades.

Benchmark palm oil futures have risen about 6% this year and traded at RM3,942 a ton on Tuesday in Kuala Lumpur