If the market is a weighing machine Insas would trade at 60 ringgit, hahaha.

Here's a related quote from one of Graham's books on this subject:

the market is not a weighing machine, on which the value of each issue is recorded by an exact and impersonal mechanism, in accordance with its specific qualities. Rather should we say that the market is a voting machine, where on countless individuals register choices which are the product partly of reason and partly of emotion.[1]


With respect to Graham saying "in the long run it is a weighing machine," I did an ebook search of Security Analysis and The Intelligent Investor, and the quote is not present in those books. Some say that Warren Buffett said that Graham said this.

If Mr Neoh says don't be greedy, take profits and you choose to ignore then you are not learning to be a good investor.

You can only learn something if you really want to learn.

Learn from Neoh Soon Kean.

This is a classic case of a value trap where you have just several days window period to sell near the peak.

If one were to check back Insas uptrend only ran for 9 trading days and then went sideways until release of quarterly results and upon release it went downhill and continues to do so.

@Income, most people think themselves smartest.

Leno doesn't buy Insas, she load up more Insas-WC.

When Insas goes below 90 sen Insas-WC will be out of money.

Latest news is that Quek's Bank of East Asia wants to sell Affin.

@xiaoeh, secret codes.

0151-WB not 0151.

If you own shares in the Berjaya group of companies you get free Starbucks once a year.

3379 is even better, one day will hit 60 ringgit.

If I had bought at 40 sen then my gain would have been greater than four fold.

When Insas crashed to below 40 sen in March 2020 I didn't have cash to buy, and since then I always set aside cash for such opportunity if it should ever happen again.

After correction, sideways for awhile.

Thought Sarawak purchase of Affin from LTAT already a done deal pending formality. Already March still no announcement?

Reminder to Mr Sslee, correction middle of next week.

So many of you people! Who is who actually?

If Jaks price keeps dropping Mikecyc will vanish like the cat.

EPF buying back BIMB.

Not yet bottom.

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

Why Insas closed red again?

Wow, 2.59.

Forum so quiet, no promoters, no Mikecyc.

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.

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.

Last time price was 1.04 was on 15 January, am I not right?

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.

Rabbit 2 years, turtle (or is it tortoise) 200 years ..... what about a cat trapped in Insas for 15 years?

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.

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.

Loneliness can drive a guy to sell.

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.

The vegetable raider also gone missing.

Nothing good about KPS, I buy in case suddenly they announce to take it private.

I doubt whether cat will return, she will probably get a new ID.

Reminder to Mr Sslee, correction probably in mid-March.

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.

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.

EPF has been selling but someone else is buying aggressively.

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.

@Mikecyc, Mr Sslee already sold Insas substantially above RM1.25.

Go, go, go BIMB.

The cat still missing.

I think I sold Southern Acids before 2001.

SAB ..... Southern Acid? Remember selling at around RM6 a long time ago.