Last year Q2 end 31th Dec 2021
On 17 February 2021, the Company and its Mexican strategic business partner, Grupo Empresarial Alfair S.A.P.I. De C.V.
("Alfair"), has entered into a Share Purchase Agreement ("SPA") to sell and transfer its 50% equity interest in its indirect wholly
owned subsidiary, Coastoil Dynamic S.A.De C.V. (the Joint Venture Company or "JVC"), to its JV Partner, Alfair. On the same
date, a Shareholders Agreement ("SA") was entered among a wholly owned subsidiary of the Company, Coastal Marine Pte Ltd,
Alfair and JVC to set out the rights and obligations of Coastal Marine Pte Ltd and Alfair (“JV Partners”) under the JVC. The
SPA, SA and other executed related documents are collectively known as "Transaction Documents". Pursuant to the Transaction
Documents, the JVC shall undertake an onshore gas sweetening plant project in Mexico for Petroleos Mexicanos ("Pemex"),
Mexican state-owned petroleum company. The completion of the Joint Venture is subject to the fulfilment and satisfaction of
the condition precedents stipulated in the Transaction Documents.

On 30 December 2021, the Joint Venture was completed as all the conditions precedents stipulated in the Transaction Documents have been fulfilled. The Company is in the progress of selling its 50% equity interests in the JVC to Alfair ("Shares Sale"), which shall be completed by the first quarter of 2022.

Currently, the results of the JVC is accounted for as a subsidiary of the Company. The results of the JVC would be accounted for as a "Joint Arrangement" in accordance with MFRS 11 after completion of the Shares Sale.

On 19 January 2022, the Company announced that Coastal Marine Pte. Ltd., a wholly-owned subsidiary of the Company, is
proposing to provide financial assistance of up to USD220.0 million (equivalent to approximately RM924.0 million) ("Proposed
Provision of Financial Assistance") to Coastoil Dynamic S.A. de C.V. ("Coastoil Dynamic") in stages and subject to the funding
requirements of Coastoil Dynamic.

This year Q2 end 31th Dec 2022:
On 30 December 2021, the Joint Venture was completed as all the conditions precedents stipulated in the Transaction Documents have been fulfilled. The Company is in the progress of selling its 50% equity interests in the JVC to Alfair ("Shares Sale"), which would be delayed to second half of FY2023.

So what is actually happening between Coastal and Alfair on the JVC (Coastoil Dynamic S.A. De C.V)?

Operating Activities
6 months ended 31.12.2022
RM'000
Profit before tax 303,734
Adjustments for non-cash items (158,528)
Operating cash flows before changes in working capital 145,206

Agree with i3lurker,
Remember qqq3 buy call on Jaks, Sendai and Karim stocks.

Know what is Insas current assets minus total liabiliaties?

Inari is just one of Insas most profitable associate companies. The associate companies are valued at RM 554,418,000 in non current assets as at 31/12/2022.

Total current assets: RM 1,842,474,000
Total non current assets: RM 918,930,000
Total liabilities: RM 515,933,000
Total equity: RM 2,245,471,000
NAPS: RM 3.39

Insas currently holds 537,008,575 Inari share.

Bob is right,
One HRC q3 result out and I know I make a big mistake on the trustworthiness of HRC top management, I just cut loss and make a whistleblowing complaint to HRC whistleblowing commitee

Posted by BobAxelrod33 > Mar 2, 2023 7:29 PM | Report Abuse

Investors play for money....not sentiments....NO EMOTIONS.....get up and walk away when the music stops, that's smart moves....

This is the first time and most likely the source of misinformation is from someone call Mike that Insas has High debt level or financial risk with debt-to-equity ratio of 1.3x.

So please tell Bing don't read any comments from Mike or Johnchew

Know what is the quality different between Malaysia make proton previously and China make proton now ?

Since when a disposable product quality is equate to Mercs, Tesla or Proton?

So Tun M was betrayed by Moo of bersatu to kick Tun M out of PMship and bersatu. Now his own son betrayed him to join PN lead by bersatu Moo.

I3lurker,
Any sugestion to sell which one and buy Yinson. Sold too early Armada

Bob is abount right again. So this year no more new money into stock market just do some portfolio rebalancing.

TQVM Bob,
That's about right.

Wait for another 2 bad quarters to see whether can collect cheaply.

Premium or discount is actually depend on the quality of stocks icap is having now or may have in the future and nothing to do with demand and supply nor liquidity.

So is icap holding quality stock?

Imagine if someone at the time of icap launch will use the same money and invest into Dlady, Nestle, Maybank, Pbank, Heim and etc instead of icapital. What will be their ROI?

The million dollar question why icap do not have hold any of the above stocks?

Table 2: Size of Holdings as at 31 May 2022
Company (‘000 shares)
Bioalpha Holdings 49,058
Kronologi Asia 31,112
Capital A (formerly known as AirAsia Group) 29,282
Kelington Group 28,383
Parkson Holdings 22,942
SAM Engineering & Equipment 18,154
Padini Holdings 17,007
Boustead Holdings 12,148
Suria Capital 11,894
Capital A - RCUIDS shares 9,761
Kelington Group - Warrants 9,461
Bioalpha Holdings - ICPS 7,665
Luxchem Corporation 5,007
Capital A - Warrants 4,880
APM Automotive Holdings 4,541
OCK Group 3,410
Oceancash Pacific 3,145
MKH 2,951
Apex Healthcare 2,283
Tong Herr Resources 1,888
HPMT Holdings 1,803
Salutica 1,700
Wellcall Holdings 1,514
United Plantations 165
Eupe Corporation 100

3iii should be commended for summaries the financial data of the last 5 years.

I only bought Jtiasa recently after studying the Financial/plantation age profile/production report which show substantial improvement since the new CEO come aboard.

Customer T Nevada Giga factory new battery line. The sole supplier.

Are you kidding me. Know how long it take to send goods by container from Malaysia to US?
So the Nevada Giga Factory will take how many years to complete?

Insas can easily go up to RM1.50 if only.............
Hence people are betting on WC and one such person is leno and stockraider will come in when WC is half a sen.

one off disposable gloves is very bad for environment.

Q4 end 31/12/22 NP margin is 5.56% . Expecting first half of 2023 to be challenging so most likely another 2 quarters of NP margin at low single digit %.

Economics
India, China ‘enjoy the discount’ on Russian oil as EU tightens price cap
Steep discounts have helped New Delhi and Beijing negotiate their purchases of Russian oil products below a price cap imposed by Western nations
It’s helping to offset cost living increases in Asia’s two biggest economies – and making it easier for Moscow to keep its year-long war-effort afloat

THIRTY LARGEST WARRANTS HOLDERS
4. Public Nominees (Tempatan) Sdn Bhd: 18,759,000: 5.66%
- Pledged Securities Account for Lee Hock Leong (E-PDG/SAN)

I make some money subscribe for the RI Insa-Pb with free Insas-WC and later sold all the PB and WC to buy more Insas.

Leno sold all Insas and PB to all in WC. Leno would have make more than 100%+ if Leno sold the WC at 50 cents.

Rest assure, cash is real & quite a large sum is held under Insas Tech group of companies (all 100% owned by Insas) of which Dato' Dr Tan & Dato' Wong are joint signatories.

Sorry,
Do not know why cannot cut and paste the latest BS as at 31/12/22.
YOu need to read the latest Financial report at below link:

https://klse.i3investor.com/servlets/staticfile/489721.jsp

Curent assets
As at
30/9/2022:30/6/2022
RM'000 :RM'000
Property development costs 11,256: 11,250
Inventories 12,425: 12,067
Trade receivables 476,931: 498,428
Amount due from associate companies 68,806: 74,495
Amount due from jointly controlled entities 647: 644
Other receivables, deposits and prepayments 51,947: 51,176
Financial assets at fair value through profit or loss 216,578: 249,370
Tax recoverable 7,016: 7,185
Deposits with licensed banks and financial institutions 757,724: 602,424
Cash and bank balances 180,113: 311,912
Total current assets 1,783,443: 1,818,951

RM'000
Total current assets: 1,783,443
TOTAL LIABILITIES: 462,466
Total non-current assets: 896,206
Of which Associate companies: 540,808
One of the associate companies is Inari.
Insas holds 537,008,575 Inari share.

Bjcorp need to take over bjland as promised by former CEO Jalil to steamline the business for better efficient and the good of shareholders of bjland and bjcorp.

As of Insas I am hoping someday someone will make a hostile takeover.

Further to our announcement dated 24 November 2022 in relation to the public shareholding spread of Berjaya Land Berhad (“BLand” or “Company”), the Board of Directors of BLand wishes to announce that the public shareholding spread of the Company as at 22 February 2023 was 12.26%.

Bursa Malaysia Securities Berhad had, vide its letter dated 20 September 2022, granted BLand further extension of time of 6 months until 22 March 2023 to comply with the approved public shareholding spread of 20% (“Approved Public Spread”).


The Board of Directors and the Management of BLand are continuing to explore options to address the shortfall in the Approved Public Spread.


This Announcement is dated 23 February 2023.

Thai AA already done the restructure to start anew. Without restructure where everyone take a hair cut how to get out of PN17 when CapitalA total equity as on 31/12/22 is RM (9,427,491,000)

Still waiting for the fox TSVT to offer VGO for my Bjland.

No worries,
My jtiasa and ytlpower already making book gain.

Fair value loss on derivative financial instruments for the year is RM 1,697,473,000

The hedging is like tossing a coin. Head HRC lose and tails HRC also lose.

The (loss)/profit before taxation is arrived at
after (crediting)/ charging:
RM'000
Fair value loss on derivative financial instruments : 461,939

Just wonder why HRC outdtanding derivatives the liabilities are always higher than assets?
So when and under what conditions will HRC start to make money from derivatives hedging?

Fair value of financial instruments that were outstanding as at the reporting date are detailed below:
Contract/
Notional amount
Assets
(Liabilities)
USD’000: RM’000: RM’000
Financial assets/(liabilities) – Level 2
31.12.2022
Forward foreign currency contracts 181,500: - :(12,659)
Commodity swap contracts 119,734 :- :(40,158)
Refining margin swap contracts 235,068 :116,530 :(839,801)

3iii,
Any reason why Dlady did not growth and did badly for the past 5 years?

The Group reported a positive EBITDA of RM488.6 million in 4Q2022 as compared to anegative EBITDA of RM350.2 million in 4Q2021, following the reversal of impairment onROU of RM160.8 million that was related to operating aircraft, impairment on investmentsecurities and receivables of RM53.3 million and improvement in the overall performance of the aviation segment.

The Group reported a net profit of RM172.4 million in 4Q2022 as compared to a net loss of RM914.7 million in 4Q2021. The current quarter recorded a shareof profit of RM166.5 million from associates and foreign exchange gain of RM207.8 million due to the appreciation of local currencies against the USD during the quarter.

Note: Foreign exchange book gain of RM 207.8 million from the USD borrowing and lease liabilities due to the appreciation of local currencies against the USD during the quarter.

So 2023 todate how many % MYR already weaken against USD?

Today volume 215,820,800
Some big funds were doing house clearing sales.

6 months ended 31/12/2022: 6 months ended 31/12/2021
Net cash flows from operating activities RM 186,468,000: 160,876,000

Very good cash flow. By next 2 quarters will be in Net cash position.

Cash and cash equivalents RM 205,726,000
Non-current Liabilities -
Loans and borrowingsRM 333,174,000


For the current quarter and year-to-date under review, the Group recorded higher revenue when
compared to the corresponding periods last year mainly buoyed by an increase in CPO and PK sales
volume resulting from higher FFB production during the current financial year. Year-to-date FFB
production had improved by 130,835MT or 33% when compared to corresponding period last year.
The pre-tax profit was slightly better for the current financial year-to-date when compared to the
corresponding period last year mainly due to:-
 23% and 24% lower CPO and PK production cost as a result of 34% and 35% increase in
production volume respectively;
 lower administrative expenses and finance cost incurred in the current year-to-date

Dividend Payable
i) A first interim dividend of 1.5 sen per share for the financial year ending 30 June 2023, has been
declared by the directors.
ii) Entitlement date: 15 March 2023
iii) Payment date: 30 March 2023

i3lurker,
So how the Russia and Ukraine war/conflict will end if not through negotiation table?

Meanwhile more Russians and Ukranians will be killed in the war.

GT investigates: US war-mongering under guise of ‘democracy’ inflicts untold damage on the world
Unholy wars
By GT staff reporters
Published: Dec 01, 2021 10:37 PM

How many evils have been committed in the name of democracy?

Exporting wars, launching "color revolutions," fomenting extremist ideologies, and promoting economic instability...the US has left countless trails of bloodshed and turmoil around the world. While the "model of democracy" loses its shine, the US still attempts to establish exclusive cliques through the so-called democracy summit. To expose the nature of "American democracy," the Global Times is publishing a series of stories to unveil the US' four democratic hegemony sins. This is the first piece.

"War is the American way of life," said US historian Paul Atwood, noting that the US was born, grew, and became a superpower out of war, slavery, and human slaughter.

In its more than 240-year-long history since declaring independence on July 4, 1776, there have only been 16 years in which the US was not at war. From the end of World War II (WWII) to 2001, the US has initiated 201 of the 248 armed conflicts in 153 locations, accounting for over 80 percent of total wars fought. Since 2001, wars and military operations by the US have claimed more than 800,000 lives and displaced tens of millions of people.

Experts and observers reached by the Global Times said that the US, ignoring the objective reality of its own shambolic democratic record, instead attempts to use "democracy" as a pretext to wage war and as a cover for its numerous crimes such as causing humanitarian disasters and destroying sovereign order, is the real culprit threatening the world.

I am just a peace loving Malaysian and fully support Kuala Lumpur Initiative to Criminalise War.

War cannot solve conflict only by addressing the root cause of the conflict and give and take negotiation can war be avoided.

Only tjose with no brain to think and put forward their argument will resort to personal attack.

The transfer of the Crimean oblast in the Soviet Union in 1954 was an administrative action of the Presidium of the Supreme Soviet that transferred the government of the Crimea from the Russian SFSR to the Ukrainian SSR.

The United States declared Sunday that the Crimean Peninsula remains a part of Ukraine but said the more immediate concern is for Kyiv’s forces to retake lands that Moscow has seized in its yearlong war. The comments came on the ninth anniversary of Russia illegally annexing the territory.

“The United States does not and never will recognize Russia’s purported annexation of the peninsula. Crimea is Ukraine,” the State Department said in a statement.

Is US helpful in finding a peace solution to Russia Ukraine conflict?

If Cuba choice to allow Russia army and Missiles to be stationed in Cuba what do you think the US action will be?

During old cold war time, it is democracy Vs USSR communists and in order to contain USSR, US switch support to PRC result in UN resolution 2758, passed on 25 October 1971, recognized the People's Republic of China (PRC) as "the only legitimate representative of China to the United Nations" and removed "the representatives of Chiang Kai-shek" (referring to Republic of China (ROC)) from the United Nations.

After USSR breakdown and the 1993 constitution declares Russia a democratic, federative, law-based state with a republican form of government. State power is divided among the legislative, executive, and judicial branches.

Now US is waging propaganda war on Democracy against Autocracy.


Western world are now more on propaganda war rather than sincere on Of the People, By the People, For the People.

Must as well look at the 3000 years of China history, how many war fought and how many died in war and natural disaster to justify 日本鬼子杀的人不多

So bananas say two wrong make a right to justify 日本鬼子杀的人不多

To them there is no opium war, looting of China tresury and genocide of China people only war of liberation of China.