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

2024-04-14 17:40 | Report Abuse

At a time when Iran is launching missiles and drones against Israel we have a no brainer Insas promoter who emerged from his cave, hahaha.

Stock

2024-04-14 15:05 | Report Abuse

He is desperate, stuck and trying to get out.

Stock

2024-04-14 13:47 | Report Abuse

Hahahahahahaha

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2024-04-13 18:45 | Report Abuse

Read properly lah, it's a REAL portfolio.

Stock

2024-04-13 14:42 | Report Abuse

Sarawak will be paying approximately RM1.4 billion to increase their stake in Affin. What is unknown at the moment is this RM1.4 billion is for how many percentage in Affin. If it's for the whole 20% held by Boustead then the price tag is around RM3 per share.

Stock

2024-04-13 14:33 | Report Abuse

Ah Tong hasn't left Insas.

Stock

2024-04-13 12:15 | Report Abuse

For the first time in a long time the forum here is so errily quiet.

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2024-04-12 23:00 | Report Abuse

Insas forum has gone absolutely quiet.

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2024-04-12 22:10 | Report Abuse

During Hari Raya on 10th April Abang Jo said that approval from BNM within 2 weeks.

Stock

2024-04-12 17:05 | Report Abuse

IB write up on Insas-WC also can't move Insas.

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2024-04-12 11:34 | Report Abuse

😴😴😴😴😴😴😴😴

Stock

2024-04-06 21:41 | Report Abuse

AmInvestment Bank (AmInvest) has forecast the FBM KLCI could fall to 1,340 points by end-2024 in a worst-case scenario based on the onset of a global economic downturn and heightened geopolitical tensions.

This would represent a decline of 213 points or 13.7% for Bursa Malaysia’s benchmark index based on yesterday’s close of 1,553 points.

If this happens Insas will surely drop to 80 sen.

Stock

2024-04-06 17:26 | Report Abuse

Mikecyc has been suspended two months.

Stock

2024-04-06 15:46 | Report Abuse

Posted by leno > 1 month ago | Report Abuse

Insas 1.18
WC 0.38

1 week after expire
WC 0.38 will become mother 1.18 automatically
= 210.5 % profit in 2 years !!

INSAS RM 60 RINGGIT is KAMBENGGGGGGGG AAAAAAAAAAAAAAA !

The last time Leno commented Insas was at 1.18 ......... since then no one knows what happened to Leno.

Stock

2024-04-06 12:58 | Report Abuse

Mikecyc got suspended for 2 months. What will Jaks price be in 2 months?

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2024-04-06 12:30 | Report Abuse

Overall market must turn bearish for Insas to drop to 90 sen. Since overall market bull is sustainable Insas will drift from 1.03 to 1.10. A break out above 1.10 will attract short term traders who ride on momentum.

Stock

2024-04-06 12:21 | Report Abuse

It's all about how we try to optimize our investment at a particular time.

Stock

2024-04-06 12:17 | Report Abuse

Insas at 1.07 it's difficult to make a 30% gain within 6 months. So, I would rather be invested in say, Mycron @ 38.5 sen or MAA @ 37 sen.

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2024-04-06 12:14 | Report Abuse

I usually buy at a price where there's a chance of making a 30% gain within six months. But sometimes I would exit for a 15% gain within a couple of weeks.

Stock

2024-04-06 10:46 | Report Abuse

YNH, Rapid drastic fall in January benefited Insas as the 🦈🦈🦈 switched attention to undervalued Insas and piled up Insas drawing in the water fish.

Stock

2024-04-05 19:50 | Report Abuse

Insas volume traded dropped to merely 298,600 shares, the lowest since 5th January. What does this tell us? Selling drying up? Or a trap set to lure people to think so?

Stock

2024-04-05 17:35 | Report Abuse

Surprisingly Insas was red the whole day, there was not a single trade done at 1.08. Insas NTA RM3.57 but no one willing to buy at RM1.08? What is the reason? Why is Insas shunned?

Stock

2024-04-05 17:08 | Report Abuse

If your original cost of investment in Insas was RM45,000 a four fold gain would be something like RM180,000 in the safe now.

Stock

2024-04-05 16:05 | Report Abuse

@MrSslee, very true, so many people actually believed Leno.

Stock

2024-04-05 14:05 | Report Abuse

If one were to sell 100,000 Insas shares at 1.30 in January and buy back at 1.07 today, there's a cool RM20,000+ extra cash and you still own 100,000 shares.

Stock

2024-04-05 13:52 | Report Abuse

I always wonder why people didn't sell off Insas at RM1.30+ in January. Can easily buy back now so much cheaper.

Stock

2024-04-05 13:33 | Report Abuse

Only 260 shareholders escaped.

Stock

2024-04-05 11:25 | Report Abuse

Imagine 26,000 shareholders trying to get out of Insas trap, no wonder Insas cannot break out.

Stock

2024-04-05 09:06 | Report Abuse

Mohamed Khalid confirmed that Boustead Holdings Bhd, which has been taken private by LTAT in June 2023, will sell its stake in Affin Bank Bhd to the Sarawak state government, although he did not clarify the quantum of the stake that will be divested.

He said the deal is currently pending Bank Negara Malaysia’s (BNM) approval.

β€œWe will proceed with that (stake sale). We are just waiting for the approval from BNM. Not LTAT, but LTAT's subsidiary Boustead. LTAT will still remain in Affin Bank,” he said, confirming that LTAT will retain its stake in Affin Bank.

Stock

2024-04-04 17:51 | Report Abuse

INSAS has more than 26,000 registered shareholders ....... so many got trapped in Insas!

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2024-04-03 11:33 | Report Abuse

Leno still trapped in Insas-WC which will be worthless after expiry in less than 2 years.

Stock

2024-04-03 10:58 | Report Abuse

Posted by leno > 1 month ago | Report Abuse

INSAS 1.18
JTiasa 1.22

Which one is value trap ?

U wan to bet ?

Stock

2024-04-02 22:48 | Report Abuse

Posted by UncleFollower > 1 day ago | Report Abuse

Both my mother share and warrants turned marginally green today...thanks to averaging down at 0.235. Now what. Hold cos good value? Run cos everyone uber negative? Buy cos chart turning up?

🐊 watching you.

Stock

2024-04-02 17:04 | Report Abuse

Why do people buy Insas at current level and get themselves trapped?

Stock

2024-04-02 13:56 | Report Abuse

There are still 🐊🐊🐊 in Insas.

Stock

2024-04-01 17:39 | Report Abuse

Shareholders cannot propose dividend, only directors can. Shareholders merely approve the dividend proposed by directors.

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2024-04-01 12:46 | Report Abuse

Insas satu ringgit satu kupang coming.

Stock

2024-03-31 13:49 | Report Abuse

Posted by SinGor > 19 hours ago | Report Abuse

I am still waiting for Stockraider's prediction that Insas will beat Osk ( no date given---both start from 87sen
in 2022 )

That coward stockraider hiding with Leno.

Stock

2024-03-31 13:47 | Report Abuse

MrSslee, next AGM can propose this resolution.

Stock

2024-03-31 11:44 | Report Abuse

Lend RM2 to Leno and you will be stuck 15 years not getting it back.

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2024-03-29 16:57 | Report Abuse

Already almost end of March, still no news of the done and dusted deal?

Stock

2024-03-29 15:54 | Report Abuse

The last time Insas share price touched 1.10 (and only briefly) was on 11th March. It has been 18 days. But everytime Insas touches 1.08 someone gets very excited.

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2024-03-29 13:07 | Report Abuse

I still have the contract notes when I bought my first Insas at around 65 sen and subsequent purchases below 65 sen in year 2016.

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2024-03-29 12:47 | Report Abuse

Those trapped in Insas, don't worry, I assure you, no, I guarantee you ....... one fine day Insas will go beyond RM1.35, so eventually everyone will stand to make gain. However, those trapped in Insas-WC, it will be worthless after February 2026, less than 2 years away. Don't be like Leno, trapped in Insas-WC.

Stock

2024-03-29 12:31 | Report Abuse

After selling Insas at an average price of RM1.30 in January I used the proceeds to mainly buy KPS from 82 sen down to 74 sen (average price 79 sen). People who are trapped in Insas lose out buying other counters to generate further gains.

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2024-03-28 14:46 | Report Abuse

The head honchos got the shares at cheap, cheap price of RM1.86, who doesn't want?

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2024-03-27 17:38 | Report Abuse

Bought Affin at 2.45 today.

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2024-03-27 15:01 | Report Abuse

Shark kills its prey instantly, crocodile keeps its prey alive for awhile chewing him slowly.

Stock

2024-03-27 13:03 | Report Abuse

Insas so calm now.

General

2024-03-26 18:31 | Report Abuse

@MrSslee, it's obviously market inefficiency. Stock market inefficiency is how a person makes enormous gains.