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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2024-03-05 10:17 | Report Abuse
Reminder to Mr Sslee, correction middle of next week.
2024-03-04 22:52 | Report Abuse
So many of you people! Who is who actually?
2024-03-04 19:10 | Report Abuse
If Jaks price keeps dropping Mikecyc will vanish like the cat.
2024-03-04 17:24 | Report Abuse
Back in mid-January Ah Tong sold Maybank at 9.06 to buy Insas-WC at 0.42. Today Maybank closed at 9.60 and Insas-WC at 0.265. Don't be like Ah Tong
2024-03-03 21:43 | Report Abuse
Tong bought Insas-WC because he thought someone was making an hostile takeover but everyone else thought Tong was the one making a hostile takeover. So amusing.
2024-03-03 21:41 | Report Abuse
Tong submitted his portfolio report as follows : based on Insas closing price of 1.09 he makes an unrealized gain of RM39,016 (Insas price has closed at 1.07 on Friday) and based on Insas-WC price of 0.28 he has an unrealized loss of RM18,461. Buying Insas-WC at 0.42 was probably Tong's dumbest decision.
2024-03-03 21:25 | Report Abuse
Last time price was 1.04 was on 15 January, am I not right?
2024-03-03 18:09 | Report Abuse
Insas broke through RM1 on 12th January, a Friday in the last half an hour of trading, closing at 99.5 sen. The following Monday, 15th January Insas rallied to close at RM1.20. Anyone who bought on that day and didn't sell to take profit or cut loss is now probably trapped as Insas closed RM1.07 last Friday.
2024-03-03 17:43 | Report Abuse
Rabbit 2 years, turtle (or is it tortoise) 200 years ..... what about a cat trapped in Insas for 15 years?
2024-03-03 13:32 | Report Abuse
Insas isn't the only undervalued counter trading far below its NTA. There are hundreds others. Affin Bank has a NTA of RM4.70 and at one stage last year or the year before it fell to around RM1.50. A bank selling for 1/3 its NTA! But nobody wanted to buy except me and one other person. Actually I made higher gain in Affin last month than I did in Insas. Bargain price isn't only in Insas. Seek them and you will find.
2024-03-03 13:07 | Report Abuse
How will Insas perform tomorrow? Will it open gap up and speed to reach limit up level? After all Insas is so deeply undervalued. Maybe someone has decided to do a hostile takeover. Hahahahahaha.
2024-03-03 12:31 | Report Abuse
I remember during 2nd day of CNY there were 3 people who heavily promoted Insas writing such long comments. Second day of CNY those 3 people don't have a life? Must be very lonely people who only talk cock on Insas. Now CNY over those 3 people suddenly vanished.
2024-03-02 19:03 | Report Abuse
Nothing good about KPS, I buy in case suddenly they announce to take it private.
2024-03-02 19:00 | Report Abuse
I doubt whether cat will return, she will probably get a new ID.
2024-03-01 19:06 | Report Abuse
Reminder to Mr Sslee, correction probably in mid-March.
2024-03-01 19:04 | Report Abuse
Defense Minister is asking for a higher price from Sarawak of RM2.60 per share or else there's no approval. Those LTAT people who negotiated a price of RM2.40 have since resigned.
2024-03-01 18:49 | Report Abuse
People such as Leno and stockraider have no integrity. Obviously these people have been trapped at high cost and the only way for them to get out with a decent profit is to mislead others to buy high so that they could sell above their break even price.
2024-03-01 18:34 | Report Abuse
EPF has been selling but someone else is buying aggressively.
2024-03-01 12:25 | Report Abuse
Yesterday Insas last hour was a dead cat bounce. A dead cat can bounce only once. At current entry price Insas appears to be a value trap meaning once you buy at current price it might be hard to exit for a good gain.
2024-03-01 10:52 | Report Abuse
@Mikecyc, Mr Sslee already sold Insas substantially above RM1.25.
2024-03-01 08:41 | Report Abuse
I think I sold Southern Acids before 2001.
2024-03-01 08:20 | Report Abuse
SAB ..... Southern Acid? Remember selling at around RM6 a long time ago.
2024-02-29 17:48 | Report Abuse
Anyone bought Insas today? Don't be shy to tell.
2024-02-29 16:23 | Report Abuse
The other blog the Author very upset.
2024-02-29 16:05 | Report Abuse
A value trap persuades investors because the trade appears inexpensive relative to historical valuation multiples of the stock, industry peers, or the prevailing market multiple. A value trap can drop further after an investor buys into the company.
KEY TAKEAWAYS
Value traps are misleading investments trading at low levels that present buying opportunities for investors.
For a value trap investment, the low price is often accompanied by extended periods of low multiples.
2024-02-29 16:05 | Report Abuse
What Is a Value Trap?
A value trap is a stock or other investment that appears attractively priced because it has been trading at low valuation metrics, such as price to earnings (P/E), price to cash flow (P/CF), or price to book value (P/B) for an extended period.
2024-02-29 14:12 | Report Abuse
Affin QR out, declares final dividend.
2024-02-29 10:07 | Report Abuse
Insas now is what I would call bleeding. Waterfall is what is happening in PBA right now.
2024-02-29 09:34 | Report Abuse
We wait and see if there's notification from EPF.
2024-02-29 08:47 | Report Abuse
Based on latest QR Insas net cash after deducting loans/borrowings (but not preference shares) is about RM900 million which is around RM1.30 per share. Who in the right mind would sell Insas at RM1.09?
2024-02-29 07:46 | Report Abuse
I just received my daily morning report from my broker which shows that foreign funds were net sellers in KLSE yesterday. This is bad news because if foreign funds continue to sell down, our KLSE CI will reverse, retailers will start to lose confidence. And Insas ..... Insas will be extremely difficult to reach 60 ringgit.
2024-02-28 22:19 | Report Abuse
Chart patterns change by the hour, sometimes by the minute. Anyway I don't have access to charts and to me it's so confusing ..... got fake breakout , got black doji, white doji, green doji, red doji etc.
2024-02-28 21:58 | Report Abuse
I participate in forums which I have shares invested to exchange opinion as we can gain information and knowledge from others, so that we collectively benefit and made the most out of our investment.
2024-02-28 21:54 | Report Abuse
You don't learn this by reading stock investment books or attending investment talks, you earn the gains by actually timing when to buy and when to exit, all decision by yourself.
2024-02-28 21:43 | Report Abuse
Why does Insas spike every 2 to 3 years? Because new water fish are drawn to it. Promoters starting repeating "Insas has so much Inari shares which are not reflected in the financial statements" ...... where else old water fish thinks the wait is paying off - "ini kali lah". For contrarians like me we just do the selling lah, we don't fall in love with Insas, it's just to fill our piggy bank.
2024-02-28 21:32 | Report Abuse
If you buy 10,000 shares at 60 sen, sells all at RM1.10 your original RM6,000 becomes RM11,000 and with that amount you can later buy back say, 15,000 shares at around 70 sen. Then sell the 15,000 shares at RM1.20 to get RM18,000. Later when price drops back to say, 80 sen, you can buy 22,500 shares. And after selling off 22,500 shares at say, average price of RM1.30 you realised a total of RM29,250 , that's a gain of RM23,250 from your initial cost of investment of RM6,000 , almost 4 fold gain.
2024-02-28 21:24 | Report Abuse
At 1.28 Insas is a value trap, at 60 sen it is a value stock. No price stays down forever (unless it gets delisted) and no price stays up forever.
Stock: [AFFIN]: AFFIN BANK BERHAD
2024-03-05 10:21 | Report Abuse
Thought Sarawak purchase of Affin from LTAT already a done deal pending formality. Already March still no announcement?