@xiaoeh , if you announce like this, MrSslee will wait at 0.87.

Insas is going to turn green ....... Benjamin Graham is buying Insas! ....... eh, isn't that guy dead?

If none of you here buy Insas it will fall further. Save Insas! Buy Insas!

Who buying Insas now for the next surge? Don't be shy to tell.

Next surge all the way to six ringgit.

If buy Insas-WC or Insas-CA also don't be shy to tell.

Who are buying Insas? Don't be shy to tell.

Insas going to turn green, quickly buy.

Warren Buffett buying Insas after lunch.

Hold until six ringgit.

Affin Bank is hosting its ‘Malaysia Market Outlook 2024 – Propelling Malaysia Forward’ on Tuesday at Menara Affin, Tun Razak Exchange in Kuala Lumpur with Abang Johari as its guest of honour alongside the bank’s president and chief executive officer Datuk Wan Razly Abdullah.

The bank is calling for a press conference at 3pm with the two guests of honour.

I have taken some profit on Affin this morning at 2.55. My average cost is only RM1.89, so as price rises I will continue to take profits. Whenever price retreat back to RM2 or below I will always buy back. This has always been my style of investing. Tomorrow evening an announcement is scheduled, might be on the sale of the 15% stake, hopefully price will be around RM2.50.

@BLee, I will not be right all the time in predicting the peak and the bottom but with experience and instinct we can predict it reliably.

If Insas doesn't turn green in the afternoon forum here will get boring.

Huge paper loss after the crash but I learnt from it. The most important lesson is nothing goes up forever, what goes up will one day come down.

I first entered the stock market in 1993 during the super bull run and was making RM2,000 weekly, then got caught by the big crash in January 1994.

@MrSslee, must know to get out before the crash. It's like a cycle. Exit at the peak buy back at the bottom.

Even not so long ago I exited Supermax at around RM25. I had held Supermax for about 15 years. My cost after two bonus issues was around 52 sen.

Back in the 1990s I used to sell Second Board counters above RM10 per share from time to time.

Repco went above RM100, didn't it? Hwa Tai also.

To be honest Insas is looking very overbought, it needs to consolidate before going higher. Or it might drift down if game is over.

@MrSslee, market sentiment has improved at the start of the year, undervalued counters will perform extremely well.

Affin is also deeply undervalued. Why Tong never buy?

Oops, wrong forum.

Today Affin cantek, sold some Affin at 2.55.

@Sslee, Insas will slowly sell Inari every quarter to book realised gains. When Inari price is very low, Insas will even buy back.

Oops, wrong forum.

Go, go, go Affin.

Quickly buy Affin!

This time Insas ada Tong.

Maybe this year Insas will go to RM6. That would be very good for those who hold Insas at that time. Hopefully your wish is fulfilled. Insas remains cantek. Six ringgit coming.

Today I am more passive when investing. Buy Insas 60 sen, hold until RM1.10, sell then buy back at 70 sen, hold until RM1.20, sell, then buy back at 80 sen and last week my average selling price was around RM1.30.

Back in the late 1990s I was heavily into Second Board counters. I ended making over RM100,000 in just 4 months and bought a condominium with a nice sea view partially with cash and partially with a bank loan. The condominium today has a market value of over RM600,000.

Stock market isn't about skill, isn't about smart picks, it's about luck. If lucky you make money, if not you hold for 15 years.

Mikecyc, don't leave us here. Stay with us.

can write a lot these days because like Leno I also have retired but not long ago , only a couple of years ago. After I retired I have no income and depend only on the money I put into the stock market. Luckily Kuchai, SBagan, Affin and Insas shot up this month or else I will have no food on my plate.

Way back in 2021 Insas was climbing up approaching satu ringgit. Leno here was rallying Insas satu ringgit, Insas satu ringgit, Insas cantek. It was a lot of fun as we all were cheering daily and then Insas broke through satu ringgit, broke through satu ringgit sekupang, then satu ringgit dua kupang. I sold off but I felt sad most didn't in particular Leno. Had Leno sold that time and later bought back when Insas dropped to 80 sen ......... had she sold that time ........ had she sold that time ........ wish we can turn back the clock.

I have been selling down my Insas shares and a small portion of the proceeds I have allocated to KPS.

Tong will definitely make money on Insas. His cost only 80 sen and he received 2.5 sen dividend. We all should also be happy for Tong.

Mr Sslee made substantial gains on Insas and I am very happy for him. All of us are here to make money on Insas. Some people made a bit, some made more, doesn't matter so long as everyone made money. But some people are upset about it. Us making money doesn't mean these people lost money. If Leno makes more money than all of us combined we all should be happy for her. We are all together here making money in Insas except that wallstreetrookie who cut loss on Friday.

Got interesting full page article by Tong in the latest The Edge Weekly on page 60. Everyone should read it and understand Tong's state of mind at the moment.

Better buy first thing in the morning.

Looks like tomorrow Affin will go limit up.

This year only 4 weeks I have sold only 4 counters, completely sold off my Kuchai, sold down some of my SBagan, sold down some of my Affin, sold down some of my Insas and today I checked my cash balance in my bank account, only RM450,000.

This article first appeared in The Edge Malaysia Weekly on January 8, 2024 - January 14, 2024

THE Sarawak State Financial Secretary is understood to be close to concluding a memorandum of understanding (MoU) which will lead to a deal to acquire an additional stake in Affin Bank Bhd from Lembaga Tabung Angkatan Tentera (LTAT).

At present, Sarawak has a 4.95% stake in the bank. The state bought the 112.56 million shares in mid-April last year at RM1.97 per share or RM221.74 million in total.


The Edge learns that Sarawak state is keen to acquire an additional 15% in Affin from the armed forces fund that has a direct 29.7% in the banking group while its wholly-owned unit Boustead Holdings Bhd has a 20.65% stake.

The talks for the MoU were more or less concluded late last year, according to sources. However, an agreement has yet to be signed.

I really love Insas. My original investment in Insas went up five fold last week which means I made a gain of four fold, that's four times what I originally invested. Insas paling cantek.

But Ah Thong very smart because he took salaries and bonuses for 50 years.

Leno says she trapped 15 years in Insas never sold. I think Ah Thong trapped 50 years in Insas also never sold.

I miss the forum here. Brings back fond memories.

@speakup, yes, proposals can be revised. That would definitely be better for Kuchai minorities.