Insas even start dropping! What corruption

Is shows how rotten the board of insas is and they just rip of shareholders and take there money. Thong is so corrupt he has no honour

Inari 3.92 .. insas hardly move. It tells you what thong and the board are doing !

There is an effort to sacrifice shares at the moment to keep share price down. Just look at the sales . Now push down to 1.15

If enough people just buy as insas so cheap then it will rocket more than last time !

Sucks to be a shareholder of any thong company … I bought back in so have profit but this share should be rm2 by now. The reason not is that everyone knows thong and insas board are corrupt

The fact insas not going up tells you how corrupt everyone thinks thong and the board are

If thong and insas board had any brains they would be selling inari as quickly as they could . Make a fortune in profit and return cash to shareholders… instead insas share price not even moving

Inari now worth 14 billion, insas book value must be rm4+

3.73 now !

As always someone dumping insas shares to keep price down … happens every time

Inari 3.63 … come on insas time for you to fly !!!

Insas will never go bust but will keep selling its inari shares to cover the losses of bad management at insas

Thong as facts show is useless, the only thing that stopped insas from bankruptcy was inari asking him to invest, one out of probably 15 failed investments. He and insas board abuse there position running a listed company for there own enrichment not for the other shareholders. I have great respect for warren buffet , none for thong

Monteiro out of microlink board, second director in a week. The company is going down !! Thong and son useless, insas board completely useless

EPF selling Inari shares , this is what a good investor does , takes profit and returns to shareholders !! Corrupt thong and insas board are so useless they have no idea how to run a business …

Thong no master poker player, he is useless at investments and corrupt. He got lucky that inari ask him for investment or he would be like so many of his investments that he manages pn17 or bankrupt

You will never guess where Thong was awarded his title from ….

Apparently Thong is being forced to use insas cash because the big new shareholder of microlink has lost a lot of money and he is not happy. I am not allowed to mention who it is for obvious reasons… Thong and is incompetent management of omesti, they thought getting a powerful shareholder was all it took, now they realise they made a very expensive mess! Omesti selling shares in microlink as has no cash, microlink losing money and has no cash, hohup already busy. All thong management!!! Whilst inari doing well Thong should sell before something goes wrong and return cash but he is so arrogant and uses inari for his ego he does not care about shareholders.

There will be more bad debt or bad investment provisions as well

@sslee, Insas is a terribly run company, only way to cover up is sell shares. Board on others just stealing shareholder cash

Thong and insas board are shit at there jobs or in concert , actually probably both how bad there investments have done

Insas worth just 735mill, over one bill cash in bank and 10? % of inari who are now worth 12.9B let alone other assets. I don’t include Omesti, hohup and microlink as they are all bust and useless now…

Inari 3.47

Inari rocket to 3.42! Insas now worth how much but share price terrible… Thong and board working in concert to keep it down. This is why Bursa has such a bad reputation

Omesti just made a rm220 mill loss. Thong ruins any company he is linked to into the ground. The insas board is responsible for doing this. Shocking and terrible management.

@sslee who do you think is taking up rm92 million cash raise in microlink ?

Microlink post loss of rm25 million. Thong senior and junior complete failure!! How the insas board can waste more money on microlink and the risk committee approve it shows how badly insas is run and breaching there duty!

Omesti forced to sell microlink shares as it has no cash left. thong ruined another company

Ninja van Badly loss making . Sing $326 million loss 2023. Good they sold

Perhaps thong create his own account here to pretend he is warren buffet. I can tell you thong and the board of insas are rotten to the core, warren buffet is very respected, he admits his mistakes, is open and transparent and makes sure shareholders are rewarded with a share value. Insas board and thong activity do nothing to help the share price and most likely try to make it low. That is why the whole market think they are so bad…

They sold shares as they knew how bad insas was performing. The whole board should not be re elected

@sslee most likely yes Omesti. The board are not transparent and they are trying to hide/protect thong from looking incompetent which he is as long term Omesti board member. It is even worse as insas again provide financing so he knew all decisions and was central to those failures.

Insas holding a loss making company now, as I said bad management. They keep it open only so they can all have high paying jobs and bleed shareholder cash out of the company.

Insas sold long ago I believe … no longer ninja van shareholders

The independent directors of insas are going to be very exposed to legal action as they are not doing there fiduciary duty

Inari now up 21 cents

That is because the market and investors think Thong and the Directors of insas are both incompetent and manipulating the insas share price for their own gain rather than making value for other shareholders!

Inari doing well, Insas shareholders get no value how Insas is run, the opposite at the moment with Dato Wong and Thong selling shares to just cover loses through bad management and bad investments

Buying more shares , making this a personal fight as annoyed. Will do some blogs as well, as you can imagine will be very critical of current board and thong. I see Monteiro is being forced to sell shares, I bet he is getting margin calls from insas as securities pledged are now worth a fraction of value when pledged. This again exposes insas shareholders to losses, Thongs dirty group of friends and abuse of insas funds is shocking.

It’s a tragedy how badly insas is being run and managed. A massive value could easily be released for shareholder. The amount of cash in the bank is wasteful and the directors are not doing there duty by not distributing it and only following the orders of the major shareholder. In a properly regulated exchange they would not get away with it. An rm1 special dividend could be given tomorrow and would not have any cash flow issues. Insas is also performing badly under Dato Wong, they knew it was performing badly which is why they covered it up by selling shares to inflate profit and try and cover loses through bad management. All thong related companies performing badly.

Just read the detailed financial report, another investment disaster , terrible performance and losses bailed out by a dividend …. I suggest you read it, it really highlights how bad the company is performing. It would be more profitable if I was closed everything and got rid of all staff and over paid management . Sell the long list of low return assets and close under performing companies. The board should be ashamed of there performance

Even M&A listing was a con, syf shareholders were well rewarded with a special dividend, Insas shareholders as usual nothing. Dato Chee a good friend of Thongs was a substantial shareholder and made a lot of money … again I am sure thong also got rewarded. Then Chee appear at inari but then quickly stepped down, then at Ho hip, since 2021 on microlink board… Thong and friends get rich insas shareholders don’t !!!

Thong and friends draining cash from insas, no need to buy company when you can use shareholder cash however you want.

Insas board of not controlled by thong should also payout dividend ! Costs so high as top management paid a lot of money to keep quiet and do as they are told …

Inari results ok, giving another dividend… insas nothing. It does not matter how much cash in bank , this is about how the company is run which is badly

And this includes profit from share sale with no costs attributes which makes it even more suspicious

Terrible results! Where all these costs come from is the question !!

Omesti dumping microlink to raise desperately needed cash to survive. Thong long time board member just like he was Hoh up. Another complete disaster by him…Insas board look so bad for blindly doing what ever thong says. Can’t wait for this years agm answers

I am not sure how or even possible or might just be people selling off but when ever insas starts momentum someone tries to stop it …