TheContrarian

TheContrarian | Joined since 2016-04-28

Investing Experience Advanced
Risk Profile Moderate

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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User Comments
Stock

2024-05-24 18:57 | Report Abuse

Insas also has OCBC Bank shares and Ninja Van.

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2024-05-24 18:51 | Report Abuse

Investing in Insas shares is as safe as putting money in FD in a bank. Insas has over RM1,000,000,000 cash and over 500,000,000 Inari shares, cannot go bankrupt one. Last month I bought Insas at 1.03 and this week I sold at 1.11 giving a 7% gain in one month. You put money in FD one year interest also cannot get 7%.

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2024-05-24 18:27 | Report Abuse

Yesterday Insas at 1.08 was selling at 80% discount. Today at the end of the day Insas at 1.04 with Inari closing 0.21 up, is selling at 85% discount. Insas getting cheaper, don't forget to buy next Monday.

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2024-05-24 17:55 | Report Abuse

Oh, wasn't aware of that. Have not been interested in ICap.

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2024-05-24 17:46 | Report Abuse

But ICap hardly ever pays any dividend.

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2024-05-24 17:43 | Report Abuse

Today which brainless person sold Insas at 1.04?

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2024-05-24 17:42 | Report Abuse

Leno's return next week has been postponed indefinitely, hahaha. 🤣

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2024-05-24 17:37 | Report Abuse

This is exactly why Insas is a value trap.

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2024-05-24 17:33 | Report Abuse

Insas market price movement NEVER follows Inari. For over 8 years already I have observed.

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2024-05-24 12:55 | Report Abuse

With current bullish sentiment in the local stock market there are other stocks that will probably give greater gains.

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2024-05-24 12:25 | Report Abuse

Now the sharks are stuck with 1.9 million shares bought from MrSslee and are trying to unload to water fish. 🤣

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2024-05-24 12:24 | Report Abuse

At least MrSslee benefited substantially from selling 1.9 million Insas shares in January.

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2024-05-24 12:22 | Report Abuse

Posted by UncleFollower > 50 minutes ago | Report Abuse

If only Insas has sophisticated investors like those in Great Eastern or Isetan...

If only Bursa has activist investors like Bill Ackman or raiders like Carl Icahn...

Then you and I have no chance to buy Insas at this price ever.

We have one here : MrSslee, he tried hard at every AGM, got the annual dividend increased from 1 sen to 2.5 sen. Even scared the shit out of Thong until he unexpectedly resigned as Director.

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2024-05-24 12:16 | Report Abuse

Posted by UncleFollower > 46 minutes ago | Report Abuse

The knee jerk reaction this morning

The recovery now

There's relative strenght in Insas now. Looks like it's gathering strength to break above $1.10

This is because overall sentiment in the local stock market is still bullish. Insas not likely to dip below RM1 even if Dow Jones falls again tonight.

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2024-05-24 12:15 | Report Abuse

I made so so gain only on SYF. Cashed out before the special dividend and return of capital.

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2024-05-24 11:19 | Report Abuse

The only people who speaks well of Thong are those people who are stuck with Insas bought at high prices. They speak fondly of Thong to hook wink water fish to buy Insas so that they themselves could later sell and recover their losses. They would shamelessly promote Insas.

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2024-05-24 11:15 | Report Abuse

Posted by Tatooine > 11 hours ago | Report Abuse

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 !!!

Tatooine has clearly shown that Thong does not give a damn to minorities. Stockbroking is Insas original core business. And yet minority shareholders, some who have probably held Insas shares for over 15 years did not receive any distribution of M&A shares.

Timeout

2024-05-24 11:00 | Report Abuse

AI will say Insas is the most undervalued stock, hahaha.

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2024-05-24 10:18 | Report Abuse

Affin price will not likely to dip below 2.40 because that's the minimum price LTAT selling to Sarawak.

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2024-05-24 10:14 | Report Abuse

The best time to buy Insas has been when daily volume is low, when it is been ignored.

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2024-05-24 10:08 | Report Abuse

Insas is classic case of value trap, most buy thinking they found a deeply undervalued winner but ended up trapped unable to sell for a gain.

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2024-05-23 21:34 | Report Abuse

Tomorrow remember to buy Insas. Insas is selling at 80% discount. Can make 4 fold gain.

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2024-05-23 20:10 | Report Abuse

Inari has policy to pay out dividend every quarter.

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2024-05-23 19:50 | Report Abuse

Don't panic, Insas still has RM1,160,000,000 cash.

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2024-05-23 19:30 | Report Abuse

Insas sum of parts 1+1+1+1 = 1

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2024-05-23 10:35 | Report Abuse

KLSE sentiment so good, very hard for Insas to drop to 80.5 sen.

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2024-05-23 00:01 | Report Abuse

May 22 — Sarawak Premier Tan Sri Abang Johari Openg today said that European Union (EU) countries have indicated their interest to set up an EU bank in Sarawak to provide a source of funding for green investments in the state.

🤣🤣🤣

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2024-05-22 22:49 | Report Abuse

Believe me, it's possible to make a four fold gain on Insas.

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2024-05-22 22:48 | Report Abuse

If you buy Insas tomorrow at 1.08 and later sell at 5.40 you will make a gain of 4.32, a four fold gain.

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2024-05-22 20:34 | Report Abuse

Damn, I sold Insas at 1.11 recently.

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2024-05-21 17:36 | Report Abuse

I am not selling to go away, I selling before others start selling. And I look elsewhere for bargains which I buy before others start buying.

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2024-05-21 17:13 | Report Abuse

Then, you should do ok.

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2024-05-21 17:05 | Report Abuse

@UncleFollower, you need to manage your portfolio risk. Too much on one stock is risky.

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2024-05-21 14:28 | Report Abuse

Another water fish joins the forum.

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2024-05-21 13:13 | Report Abuse

Took some profits on Affin at 2.56 this morning.

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2024-05-21 12:51 | Report Abuse

Buyers yesterday sellers today, sellers yesterday buyers today.

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2024-05-21 12:29 | Report Abuse

Today so quiet here.

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2024-05-20 17:25 | Report Abuse

My attention is on a few penny stocks which I have been accumulating.

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2024-05-20 16:55 | Report Abuse

@UncleFollower, i sold that little portion of Insas I bought at 1.03 at the same time as you for 1.11 today.

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2024-05-20 13:55 | Report Abuse

needs buying boost to take Insas to year high of RM1.35. Coming quarterly results would be good, no surprise at all but for price to rally you need real buying boost not left hand to right hand then right hand back to left hand. Sharks have other stocks to play.

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2024-05-20 12:25 | Report Abuse

UncleFollower, don't be too optimistic.

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2024-05-20 01:17 | Report Abuse

Posted by Thirai Thiraviam > 1 week ago | Report Abuse

JohnD0ugh, you say, or quote TTB saying, that “I expect the KLCI to rise to 2,500 to 3,000 over the next 3 – 5 years.” What is the basis for this increase? While KLCI is still undervalued based on PER, and reverting to the historical mean should push the index up, don't you think 60% — 100% increase is rather too optimistic?

Eh, @Thirai , you didn't know that John is TTB?

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2024-05-18 11:04 | Report Abuse

It cannot be denied that Insas was extremely well in January where it outran almost everyone else except probably YTLPower, SBagan, Kuchai.

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2024-05-18 11:01 | Report Abuse

It's very clear Insas share price is been suppressed. Left hand to right hand then right hand sells back lower to left hand.

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2024-05-18 10:59 | Report Abuse

There's a reason for Insas price to stay sideways, have to accept this reason to understand.

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2024-05-18 10:58 | Report Abuse

Plantation stocks drop in line with drop in CPO price. You need to monitor CPO price.

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2024-05-18 10:57 | Report Abuse

@MrSslee, yes, many stocks have rallied high. Your OSK also.

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2024-05-18 10:30 | Report Abuse

Several Insas promoters tried to stimulate Insas but Insas still cannot up. Leno so sexy also failed. Insas needs Viagra, lots of them.

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2024-05-18 10:28 | Report Abuse

@xiaoeh, got other stocks can make more money. Insas is value trap. Whenever Insas rally it's a small window period of several weeks, after that it drops back like a penis after ejaculation. Insas needs a long foreplay to get the penis up again. 🤣