I buy when the majority are selling, I watch when the majority are buying, I sell when the majority are getting excited!
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55 minutes ago | Report Abuse
A person who bought Inari shares 8 years ago and hasn't sold would have made an 8 fold gain or roughly 100% annually.
58 minutes ago | Report Abuse
In the past 8 years Inari gave bonus shares twice , a 1 for 1 bonus issue in 2017 and a 1 for 2 bonus issue in 2018. So 1 Inari shares 8 years ago, then trading at around one ringgit has become 3 shares at 3.06 today.
1 hour ago | Report Abuse
Eight years ago when I first bought into Insas, it was hovering around 65 sen and Inari at that time around one ringgit. After 8 years Insas is today at 1.02 while Inari at 3.06.
6 hours ago | Report Abuse
The AGM was chaired by the Chairman of Affin Bank Berhad, YBhg. Dato' Agil Natt, with the Board of Directors and President & Group Chief Executive Officer, YBhg. Datuk Wan Razly Abdullah in attendance.
Chairman thanked all the investors, customers, and other stakeholders for their continued support in enabling the Group to deliver excellent performance consistently. He also thanked the employees for their hard work, professionalism, and commitment. AFFIN Group will remain focused on providing profitable and sustainable growth and will grow to become a Modern and Progressive Bank.
6 hours ago | Report Abuse
Posted by Sslee > 4 hours ago | Report Abuse
This coming quarter end 31/3/2024 very interesting to check what will be the disposal gain on 10 million inari and 100 million M&A share.
Insas has sold sufficient amount of Inari and M & A shares to report a nice lovely EPS.
6 hours ago | Report Abuse
Insas sells Inari merely to manipulate its quarterly results.
1 day ago | Report Abuse
The Board of Insas comprised of puppets and Thong is the puppet master.
2 days ago | Report Abuse
There's no tussle, buyer and seller is the same person.
2 days ago | Report Abuse
It will cost Tong probably twice his cost in Star to build a 5% stake in Insas.
2 days ago | Report Abuse
Needs to buy 35 million shares to become substantial shareholder.
3 days ago | Report Abuse
Tong is boss of The Edge, Thong is boss of Insas.
3 days ago | Report Abuse
It's sad to see the forum here gone totally cold. Made some money from Pensonic here back in September 2023.
3 days ago | Report Abuse
Thong smart, he ensured Insas haram so EPF or KWAP can't buy Insas.
3 days ago | Report Abuse
Mr Sslee is asking why funds buy Inari via private placement rather than making a hostile takeover of Insas.
3 days ago | Report Abuse
Funds buy Inari for the regular quarterly dividends.
3 days ago | Report Abuse
Anyway most people don't understand what I am saying. If they could they would have sold all or partially when price broke through RM1.30. They keep dreaming of RM2 ..... RM3 ...... RM4 ...... RM5 ...... RM60!!!
3 days ago | Report Abuse
And don't dream of a hostile takeover. Thong has made sure that's impossible.
3 days ago | Report Abuse
Insas will never go to RM4.28 or RM3.57 or RM2.56 ........ even if Thong privatize Insas he will offer a very low price because Insas never traded above RM1.40 in the past 25 years.
4 days ago | Report Abuse
If speakup having sold at 1.20 and buys back at 1.00 he makes around 20% gain. Speakup buy back or not?
4 days ago | Report Abuse
On the other hand if one were to have bought Insas at 1.10 and cut loss at 1.00 last Friday then he would have lost around 10%.
4 days ago | Report Abuse
A couple of weeks ago when Insas was 1.10, if one were to sell them at 1.10 and last Friday bought back at 1.00 there would be around 10% gain, way better than FD interest rate.
4 days ago | Report Abuse
Buying a dollar for a quarter is American lingo. The people here are followers of Benjamin Graham, Warren Buffett, George Soros, Joe Biden, Obama Barrack, Donald Trump etc.
4 days ago | Report Abuse
As Israel-Iran tension eases, tomorrow ought to be bargain hunting day. Would that include Insas? How high would Insas go? Or would the floor break and we see trades done below RM1? Tomorrow will be an interesting day.
4 days ago | Report Abuse
If not for the sharks Insas would be hovering around 80 to 90 sen. I wouldn't be able to make a four fold gain. Sharks have a purpose. Swim with the sharks but don't get eaten.
4 days ago | Report Abuse
Thong merely watches from the sidelines, he has his own plan, the ultimate end game.
4 days ago | Report Abuse
Always buy before the sharks pump, and sell before they dump.
4 days ago | Report Abuse
Sharks objective is not to take over. It's pump and dump. Sometimes they pump to drizzling heights, sometimes they just pump up 30%.
4 days ago | Report Abuse
Hopeful there's no hiccups and Affin will rally.
4 days ago | Report Abuse
On 10th April during a Raya function Abang Jo said Bank Negara approval within 2 weeks. The 2 weeks is coming to an end soon. Something that was apparently done and dusted back in December is taking a longer time than expected.
4 days ago | Report Abuse
I only started investing in Insas eight years ago and it has been such a wonderful investment. Thrice I completely sold off Insas because one of my investment rule is never to fall in love with any of my investment. I can easily let go of what I love at the right time for the right price. This brings us to the question of right timing. The best time to sell has always been when everyone else gets so excited.
4 days ago | Report Abuse
Insas has all the superb financial numbers (well, except dividend yield) and yet, yet it drifts down continuously for weeks, with no end in sight. I already gave a likely reason. But people here mostly don't understand what I am saying. They think they are buying a dollar for a quarter.
4 days ago | Report Abuse
I don't expect people here to understand what I am saying. Benjamin Graham, Warren Buffett, George Soros and the like-minded wouldn't understand anyway. That's how some people can make a four fold gain on Insas while others, well others are still waiting for Insas to move from RM1 to RM5 for their four fold gain.
4 days ago | Report Abuse
The articles gave the impression that Insas rally is the start of a fruitful journey that would take the share to drizzling heights, and that a person would be a fool to miss this golden opportunity.
4 days ago | Report Abuse
Insas rally was a result of sharks switching out of Dr Yu's companies into Insas. This excited Tong and also Chong who wrote lengthy articles to justify the spike comparing wonderful deep, deep undervalued Insas to Dr Yu's speculative overvalued companies.
5 days ago | Report Abuse
Posted by Sslee > 1 hour ago | Report Abuse
On Feb 2026 if Insas is below 90 sen then Thong and PAC can collect all WC not already owned by them at 0.5 sen and then convert all the WC to insas.
Assuming that this takes place, there will be instant dilution of the NTA of Insas. And the losers will be the minority shareholders.
5 days ago | Report Abuse
Insas-WC will expire in 22 months. How will Insas shares be played out until then? What is Thong's game plan?
5 days ago | Report Abuse
KUALA LUMPUR (July 9): Insas Bhd is planning to raise up to RM132.6 million from a renounceable rights issue of redeemable preference shares (rights RPS) with free detachable warrants to repay its bridging loans.
In a filing with Bursa Malaysia, the group said the rights issue involves up to 132.6 million new redeemable preference shares at an issue price of RM1 per rights RPS, together with 331.51 million new free detachable warrants on a basis of two rights RPS and five warrants for every 10 shares.
The tenure of the rights RPS is five years and it has a dividend rate of 3.8% per annum based on the issue price of the rights RPS.
When Insas issued the RPS it was done with so much warrants (5 : 2 ratio) attached. Obviously Thong benefited the most from this.
Stock: [INSAS]: INSAS BHD
23 minutes ago | Report Abuse
8 years ago Thong and PAC already held close to 33% in Insas and there has been no changes since. 8 years ago how much Inari did Thong personally held? How much does he still hold?