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.

Insas six ringgit coming. Quickly buy.

Someone here excited already.

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

Bought Affin at 2.45 today.

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

@SinGor, already announced that out of RM46 million gross proceeds, RM36 million will be used to repay borrowings.

Insas so calm now.

Proceeds from disposal of KPS Plaza to repay bank loan, there's no special dividend.

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

Yes, 4.5 sen payable end of April, another 1 sen in June.

When I first bought into Insas on 20th May 2016 I never dream of making a four fold gain within 8 years. A contrarian's view is always to sell off when the majority of retailers and so called stock gurus/grandmasters have gotten excited on the stock. If opportunity presents itself we can buy back way cheaper than we sold. Then we hold until the excitement takes place. After 3 cycles it turned into a four fold gain. There's no guarantee that this will be repeated again.

I heard also, Leno and stockraider will make hostile takeover to privatize at 1.50.

Mycron moving.

I thought Sarawak purchase of Affin from LTAT was a done and dusted deal. Why BNM still not approve?

Insas, a name that whispers promise,
A value play, some investors entice.
But hold, dear friend, before you take the bait,
This siren song may lead to a bitter fate.

The price sits low, a number that enthralls,
A hidden gem, a bargain for all.
Yet stagnant waters, though alluring to the eye,
May hold unseen depths, where dreams can die.

Years tick by, the share price barely moves,
While others soar, a tale the market proves.
Is it a value, or a value trap so deep?
Where hopes descend, and fortunes fall asleep.

Think twice, dear friend, before you invest your trust,
In promises whispered, turning into dust.
For in the market's dance, a truth is plain to see,
Not all that glitters, is a gold

I think currently Insas has about 527 million Inari shares. Inari at say, 3.20 translates into RM1.6 billion.

@Sslee, I think if Insas cancelled the treasury shares then Thong would automatically trigger MGO. So, a waiver is still required.

@UncleFollower, my buy order at 1.03 only partially done 3k.

Eh UncleFollower, yesterday where got 300k done at 1.03?

Abang Jo cheapskate offering only RM2.40.

Posted by hng33 > 1 hour ago | Report Abuse

Sslee

Additional Cash inflow from share disposal RM 60-66m on top of recurring Q profit will further boots up INSAS cash hoard to above RM 1.2 billion in next Q. These is almost cash RM 1.80/share......

But we all know Insas will never reach RM1.80.

@hng33, you entering Insas?

Insas at 1.03 is the lowest level since 16th January. Anyone who bought Insas from 16th January and still holding have been trapped.

What happened to all the Insas promoters?

KPS is now a net cash company, right?

Luckily I refuse to listen to Leno and sold Insas at 1.34.

Who's doing takeover at 3.20?

4.5 sen special dividend from approved sale of KingCoil anytime soon.

Apparently EPF has ceased selling. There has been buying support at around 2.50 to absorb the selling.

Abang Joe told to be silent?

In Ah Tong portfolio his unrealized loss in Insas-WC is eating up his unrealized gain in Insas.

Selling off Insas doesn't mean having lost confidence in Insas. It's playing the investment game wisely against the sharks. There's a time to buy and a time to sell off. This time MrSslee has outplayed the sharks.

When the time comes and at the right price MrSslee will buy back Insas, I will buy back, lots of smart people will buy back. Until such time we will just wait patiently.

The real Leno and stockraider dare not show themselves.

Insas whole day red, not even one second orange.

So quiet here.

@Mikecyc, no point advising some people. They want to get trapped let them get trapped.

They are probably going to call for EGM.

Why just now got someone so excited with Insas? Went limit up?

Sold BIMB at 2.61 this morning for 15% gain, bought back a bit of Affin at 2.50.

Bought at 1.18.

Sold balance at 2.61. Approximately 15% gain within 5 weeks.

Kena tunggu.

Mikecyc, how come you so good mood?

Is Sarawak going to get 30% or less of Affin?

Last Tuesday, Khaled told the Dewan Rakyat that he personally did not have any issues with the restructuring plan of LTAT. However, the minister made it clear that specific proposals involving the restructuring of the business model and management of shareholdings, including the sale of assets and disposal of shares in several strategic companies, needed careful consideration.

“We are seeking a win-win situation, where the LTAT strategic plan will not adversely affect the companies, and the shareholdings of LTAT in its subsidiaries can be maintained at a level that allows it to retain control,” Khaled was quoted by the media as saying.

How come so quiet here?

Sold half at 2.58 this morning.

Quickly buy Insas, target price two ringgit.