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

2 months ago | Report Abuse

Posted by Johnzhang > 41 minutes ago | Report Abuse

Kaya, log in to the remote AGM tomorrow and show your displeasure. I am going to do that .

Dear John, if you want to fight for a higher price, then form a group of shareholders to act as one voice to negotiate with Surin. If you can gather a group of shareholders with 44 million shares then collectively this group of shareholders can make or break the offer.

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2 months ago | Report Abuse

Dear John, a SCR requires 75% acceptance and not more than 10% opposing. If 10% of the minorites oppose the SCR then it is off. So the chance of a higher revised offer is possible.

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2 months ago | Report Abuse

Insas has cash over RM1,000,000,000. Microlink loss RM25,000,000 no worries. If Insas sells 7.5 million Inari shares at RM3.40 already more than RM25 million in sales proceeds. Insas selling at 80% discount, hurry and buy.

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2 months ago | Report Abuse

Don't get trapped in Insas.

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2 months ago | Report Abuse

Today YTLPower MGO of Ranhill at 99.5 sen per share. In February 2026 Thong MGO of Insas at 90 sen per share?

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2024-05-25 18:49 | Report Abuse

@UncleFollower, I am past that age speculating in loss making stocks.

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2024-05-25 10:33 | Report Abuse

@speakup, got male thong also.

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2024-05-24 22:58 | Report Abuse

Still got people praising Thong, worshipping him, calling him Warren Buffett ........ 🤣🤣🤣

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2024-05-24 22:21 | Report Abuse

Insas would have been PN17 if not for Inari.

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2024-05-24 18:58 | Report Abuse

Ninja Van Malaysia’s Singapore-based parent company Ninja Logistics Pte Ltd (Ninja Van Group) has raised US$976.5 million in the 10 years since its establishment. Investors include Singapore-based tech venture capital firm Monk’s Hill Ventures, Insas Bhd, DPDgroup (Europe’s largest parcel delivery network), China’s Alibaba Group Holding Ltd, B Capital Group Management LP and ride-hailing firm Grab Holdings Inc.

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2024-05-24 18:57 | Report Abuse

Insas also has OCBC Bank shares and Ninja Van.

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2024-05-24 18:51 | Report Abuse

Investing in Insas shares is as safe as putting money in FD in a bank. Insas has over RM1,000,000,000 cash and over 500,000,000 Inari shares, cannot go bankrupt one. Last month I bought Insas at 1.03 and this week I sold at 1.11 giving a 7% gain in one month. You put money in FD one year interest also cannot get 7%.

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2024-05-24 18:27 | Report Abuse

Yesterday Insas at 1.08 was selling at 80% discount. Today at the end of the day Insas at 1.04 with Inari closing 0.21 up, is selling at 85% discount. Insas getting cheaper, don't forget to buy next Monday.

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2024-05-24 17:55 | Report Abuse

Oh, wasn't aware of that. Have not been interested in ICap.

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2024-05-24 17:46 | Report Abuse

But ICap hardly ever pays any dividend.

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2024-05-24 17:43 | Report Abuse

Today which brainless person sold Insas at 1.04?

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2024-05-24 17:42 | Report Abuse

Leno's return next week has been postponed indefinitely, hahaha. 🤣

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2024-05-24 17:37 | Report Abuse

This is exactly why Insas is a value trap.

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2024-05-24 17:33 | Report Abuse

Insas market price movement NEVER follows Inari. For over 8 years already I have observed.

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2024-05-24 12:55 | Report Abuse

With current bullish sentiment in the local stock market there are other stocks that will probably give greater gains.

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2024-05-24 12:25 | Report Abuse

Now the sharks are stuck with 1.9 million shares bought from MrSslee and are trying to unload to water fish. 🤣

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2024-05-24 12:24 | Report Abuse

At least MrSslee benefited substantially from selling 1.9 million Insas shares in January.

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2024-05-24 12:22 | Report Abuse

Posted by UncleFollower > 50 minutes ago | Report Abuse

If only Insas has sophisticated investors like those in Great Eastern or Isetan...

If only Bursa has activist investors like Bill Ackman or raiders like Carl Icahn...

Then you and I have no chance to buy Insas at this price ever.

We have one here : MrSslee, he tried hard at every AGM, got the annual dividend increased from 1 sen to 2.5 sen. Even scared the shit out of Thong until he unexpectedly resigned as Director.

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2024-05-24 12:16 | Report Abuse

Posted by UncleFollower > 46 minutes ago | Report Abuse

The knee jerk reaction this morning

The recovery now

There's relative strenght in Insas now. Looks like it's gathering strength to break above $1.10

This is because overall sentiment in the local stock market is still bullish. Insas not likely to dip below RM1 even if Dow Jones falls again tonight.

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2024-05-24 12:15 | Report Abuse

I made so so gain only on SYF. Cashed out before the special dividend and return of capital.

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2024-05-24 11:19 | Report Abuse

The only people who speaks well of Thong are those people who are stuck with Insas bought at high prices. They speak fondly of Thong to hook wink water fish to buy Insas so that they themselves could later sell and recover their losses. They would shamelessly promote Insas.

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2024-05-24 11:15 | Report Abuse

Posted by Tatooine > 11 hours ago | Report Abuse

Even M&A listing was a con, syf shareholders were well rewarded with a special dividend, Insas shareholders as usual nothing. Dato Chee a good friend of Thongs was a substantial shareholder and made a lot of money … again I am sure thong also got rewarded. Then Chee appear at inari but then quickly stepped down, then at Ho hip, since 2021 on microlink board… Thong and friends get rich insas shareholders don’t !!!

Tatooine has clearly shown that Thong does not give a damn to minorities. Stockbroking is Insas original core business. And yet minority shareholders, some who have probably held Insas shares for over 15 years did not receive any distribution of M&A shares.

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2024-05-24 11:00 | Report Abuse

AI will say Insas is the most undervalued stock, hahaha.

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2024-05-24 10:18 | Report Abuse

Affin price will not likely to dip below 2.40 because that's the minimum price LTAT selling to Sarawak.

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2024-05-24 10:14 | Report Abuse

The best time to buy Insas has been when daily volume is low, when it is been ignored.

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2024-05-24 10:08 | Report Abuse

Insas is classic case of value trap, most buy thinking they found a deeply undervalued winner but ended up trapped unable to sell for a gain.

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2024-05-23 23:03 | Report Abuse

Previous one.

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2024-05-23 21:34 | Report Abuse

Tomorrow remember to buy Insas. Insas is selling at 80% discount. Can make 4 fold gain.

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2024-05-23 20:10 | Report Abuse

Inari has policy to pay out dividend every quarter.

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2024-05-23 19:50 | Report Abuse

Don't panic, Insas still has RM1,160,000,000 cash.

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2024-05-23 19:30 | Report Abuse

Insas sum of parts 1+1+1+1 = 1

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2024-05-23 10:35 | Report Abuse

KLSE sentiment so good, very hard for Insas to drop to 80.5 sen.

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2024-05-23 00:01 | Report Abuse

May 22 — Sarawak Premier Tan Sri Abang Johari Openg today said that European Union (EU) countries have indicated their interest to set up an EU bank in Sarawak to provide a source of funding for green investments in the state.

🤣🤣🤣

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2024-05-22 22:49 | Report Abuse

Believe me, it's possible to make a four fold gain on Insas.

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2024-05-22 22:48 | Report Abuse

If you buy Insas tomorrow at 1.08 and later sell at 5.40 you will make a gain of 4.32, a four fold gain.

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2024-05-22 20:34 | Report Abuse

Damn, I sold Insas at 1.11 recently.

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2024-05-21 17:36 | Report Abuse

I am not selling to go away, I selling before others start selling. And I look elsewhere for bargains which I buy before others start buying.

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2024-05-21 17:13 | Report Abuse

Then, you should do ok.

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2024-05-21 17:05 | Report Abuse

@UncleFollower, you need to manage your portfolio risk. Too much on one stock is risky.

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2024-05-21 14:28 | Report Abuse

Another water fish joins the forum.

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2024-05-21 13:13 | Report Abuse

Took some profits on Affin at 2.56 this morning.

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2024-05-21 12:51 | Report Abuse

Buyers yesterday sellers today, sellers yesterday buyers today.

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2024-05-21 12:29 | Report Abuse

Today so quiet here.

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2024-05-20 17:25 | Report Abuse

My attention is on a few penny stocks which I have been accumulating.