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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9,171
Past 30 days
95
Past 7 days
14
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User Comments
Stock

2024-01-27 19:33 | Report Abuse

Insas has a call warrant Insas-CA. Anyone playing this?

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2024-01-27 19:14 | Report Abuse

@speakup, please update us on Tong's position on Insas from lastest The Edge Weekly.

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2024-01-27 19:06 | Report Abuse

Sarawak pays Kenanga to write a downgrade report on Affin, then goes to LTAT and offer RM2.30.

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2024-01-27 19:03 | Report Abuse

Today Saturday, you all no go shopping for CNY clothes?

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2024-01-27 12:18 | Report Abuse

Mikecyc, why you keep repeating? Write something new.

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2024-01-27 09:58 | Report Abuse

@ speakup, limit down good, we all can buy back.

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2024-01-27 09:57 | Report Abuse

MrFox, Mr Sslee at one stage held over 2.3 million shares in Insas and listed as one of the top 30 shareholders.

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2024-01-27 09:25 | Report Abuse

Currently Tong still is substantial shareholder of Star with over 5% stake. Did Tong acquire Insas in the open market recently to emerge substantial shareholder? If he did, how long will he take to reach 33% to trigger mandatory general offer?

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2024-01-27 00:15 | Report Abuse

MAA disposal of its Philippines insurance subsidiary will give it how much gain?

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2024-01-26 23:26 | Report Abuse

Will Insas this time rally beyond RM1.50? Beyond RM2.00? Beyond RM3.00? Beyond RM4.00? RM60?

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2024-01-26 23:24 | Report Abuse

Most people held Insas very long because their target selling price was not reached in each of the previous rally. Mr Sslee revealed that in the earlier rally in 2021 he didn't sell down because his target price was RM1.50.

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2024-01-26 23:19 | Report Abuse

Yes, Leno is a good cat. Leno does feel Insas is still cheap. Different people have different target price because they have different entry price.

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2024-01-26 22:57 | Report Abuse

@Lpc1225, don't say that, Leno will sure scold you.

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2024-01-26 22:56 | Report Abuse

Another thing I wonder is if someone targets a company for a hostile takeover would he announce to everyone of what he thinks is the value of the target?

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2024-01-26 22:51 | Report Abuse

Why is EPF selling with urgency? Why doesn't EPF wait until RM3 before selling?

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2024-01-26 22:47 | Report Abuse

Tong values Insas at 4.33, Leno now values Insas at 60.00. Tong buys Insas up to 4.33 then sells to Leno at 60.00?

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2024-01-26 22:41 | Report Abuse

Has Tong acquired 5% of Insas? So far there has been no announcement. Who has 5% of Insas to sell to Tong?

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2024-01-26 22:39 | Report Abuse

The hype then was on Star and not on Insas but Insas was and still is much deeper undervalued.

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2024-01-26 22:37 | Report Abuse

In April last year Star share price shot up steeply but Insas share price didn't move up much.

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2024-01-26 22:34 | Report Abuse

Tong made his entry into Star in the same month as Insas in April last year. In Star's case Ting became an instant substantial shareholder in excess of 5%. However, Tong didn't buy the shares from the open market but directly from Amanah Sahan Bumuputera.

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2024-01-26 22:11 | Report Abuse

The hype now is Tong to do a hostile takeover?

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2024-01-26 22:10 | Report Abuse

@MrSslee, DSThong has already a controlling interest in Insas through unofficial nominees. This isn't a big secret among those who know.

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2024-01-26 22:04 | Report Abuse

Yes, yes, yes, MrSslee you are absolutely right. Now Insas is shark infested. It's exciting and rewarding swimming in shark infected waters but remember to always stay ahead of the sharks.

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2024-01-26 21:52 | Report Abuse

@MrSslee, have you ever why all these years no one dare to attempt a hostile takeover of deeply undervalued Insas where its cash alone is greater than its market value?

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2024-01-26 21:49 | Report Abuse

@MrSslee, Insas is cash hoarder, got so much cash also do a rights issue.

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2024-01-26 21:47 | Report Abuse

When Tong announced his entry into Insas in April last year all smart investors already taken note and topped up their own holdings. There was no hype then.

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2024-01-26 21:45 | Report Abuse

Insas sells Inari every quarter, all smart investors already know that.

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2024-01-26 21:44 | Report Abuse

Not next quarter, the quarter after next quarter.

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2024-01-26 21:34 | Report Abuse

You need to ask Kenanga why they set tp 1.90.

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2024-01-26 21:32 | Report Abuse

There has been a lot of satire postings in Insas forum. These are all just for fun and not to be taken seriously. We should use our own judgement and assess the situation ourselves. For the week just ended Insas share price held up well mainly due to Tong's article in The Edge. Insas' fundamentals haven't changed, a year ago it was deeply undervalued and still so today. Smart investors would have accumulated a significant position in the past 12 months when price was hovering at 75 to 85 sen. Suddenly we have a hype of something which is already known for a long time. This hype didn't really push up the price, it started after the price was pushed up. Next week is a different situation, Insas may move further up or stay flat or go down, no one knows for sure. Insas remains deeply undervalued but only and only continuous buying of its shares can move its price up.

News & Blogs
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2024-01-26 21:00 | Report Abuse

Mikecyc, why are you attacking so many people? Just let go, CNY coming.

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2024-01-26 20:57 | Report Abuse

If EPF continues to sell it takes longer time to reach RM3, maybe 3 years.

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2024-01-26 19:03 | Report Abuse

Hahaha, I think Leno is flat chest.

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2024-01-26 18:44 | Report Abuse

Warren Buffett refuses to take over Insas, no MGO.

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2024-01-26 18:28 | Report Abuse

Only one person provided useful information in this forum and it's speakup, take a bow.

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2024-01-26 18:21 | Report Abuse

Leno has no gugu, Leno is female cat.

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2024-01-26 17:57 | Report Abuse

OMG, EPF continues selling Affin.

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2024-01-26 16:30 | Report Abuse

20% gives Sarawak BOD seat to influence Affin to expand branch network in Sarawak. Umno will not let LTAT sell off Affin like Bplant's case.

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2024-01-26 16:01 | Report Abuse

No worries, 60 ringgit coming.

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2024-01-26 10:06 | Report Abuse

Today no sell Insas. Let it fly today.

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2024-01-25 22:47 | Report Abuse

EPF still selling Affin.

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2024-01-25 08:05 | Report Abuse

LTAT approached Sarawak as no one else wants to buy. Sarawak trying to buy cheap.

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2024-01-25 08:04 | Report Abuse

@rohank71, only acquiring additional 15%, no GO. LTAT remains controlling shareholder. LTAT needs the cash proceeds to pay for Bplant takeover.

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2024-01-25 08:00 | Report Abuse

Today Insas forum will be quiet.

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2024-01-24 22:35 | Report Abuse

Something on in Kuchai already long known. Michael Kwok, you very slow.

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2024-01-24 18:17 | Report Abuse

After the disposal is concluded.

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2024-01-24 18:15 | Report Abuse

Mikecyc, you should not keep bring up the past, it's so boring lah, talk about something new.

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2024-01-24 18:12 | Report Abuse

Already over 2 weeks since the leak that Sarawak negotiating to buy additional 15% stake in Affin. Now it's quiet, has negotiation broken down? LTAT wants a higher price but Sarawak offering peanuts.

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2024-01-24 18:04 | Report Abuse

@Tlticamara, got virus in the article, your anti-virus program prevented it from been opened.