Maybe hostile takeover through the open market

Fantastic QR. Dividend and sp. div totaling 1.3 cts.
Sure to shoot up tomorrow.

There will be another dividend in Nov/Dec.
Total div so far 0.006+0.0065+0.008=0.0205

The mother share is 0.33.After capital repayment 0.11, the mother share is 0.22.
This is same as RI. Who would want to subscribe to RI? No discount

JCORP is not buying KPJ shares.If it does it has to announce to Bursa.

RI can be priced over the share price. RI will be underscribed.
Thats about it. It doesnt mean the syf share price can go up to over 40cts.

RI revised from 14cts to 22 cts.
SYF share should above 40cts

The original proposals last year was not conditional on anything.No company can change conditions once they are announced.It is a serious offence to give false information to the security commision

Syf share must trade above 32cts otherwise nobody would want to subscribe to the RI at 14cts.

This is a shit share. Many hoping shit can turn to go.
If you can get 35sen when trading starts, just sell.

Oriental maybe taking the company private

There is a lot of selling from recent conversion of esos at 0.91cts, more than 6 million.it wont go up until these are sold.

The trading price is pretty unusual as if someone wants to keep it at 1.09/1.10.
Maybe it is going to be suspended with VWAP at 1.10.prior to privatisation

Ini kali lah

14 million esos converted. No wonder heavy selling.
I heard many employees were selling their esos converted shares. This is the last batch of esos due to expire if not converted

Icap is giving 20cts special covid dividend.unbelievable!
Surely Insas should follow.There are many poor and needy shareholders.
DS Thong surely has a heart

I give up

Rest day today. Hopefully engine starts tomorrow

Is this Philip the same as the Philip Kunjappy?

Looks like going below 1.10 soon. Privatisation off.?

I suggest those interested in icap to buy insas instead. It is even more undervalue. Moreover you get 2cts dividend every year for 1.00 rm share. Naps rm3.00

Privatisation is not a done deal.If it fails to materialise the price would fall to back to 1.00

This is really undervaluation.
I hope minority shareholders will reject the offer

Thank you for the clarifications.@Karlos and @UncleFollower

Remember, KPJ doesn't own any hospital.All Kpj hospitals owned by Alaqar reits.

The best thing for insas shareholders would be to convert this into a mutual trust.
Selling and buying would be around NAPS like unit trust

These are fairly neutral announcements
The company KPJ cannot divulge market sensitive information so just say dont know

Without privatisation play this will fall to below 1.00

Rm1.23 is historical high

KPJ 1.18. 52 wk high

TP 2.8 possible. Maybe 10 yrs time

Someone collecting kpj at 1.07 to 1,10. Few millions every day

Looks like there may be some truth in privatisation of KPJ

If privatisation is confirmed why would EPFcontinues to dispose its shares
Surely the offer price would be higher than the present market price

@SSLee. How safe is Omesti PB?

Private hospitals are just given greenlight to procure and vaccinate covid vaccines.
It may be time to shoot up

Gap up to 2.40 tomorrow

The price is FINAL, written on the offer.
There is no voting like the previous exercise. Its a voluntary general offer.Its take it or leave it.
I wont be waiting.Once they buy back a certain percentage (?80%),Jardine can delist the company.
All the rest would be forced to sell as no one would want to own shares in unlisted company.

Ccb limit up. When is Insas turn

This is different from the previous exercise last year ie SCR.
I think those who want to sell can do so at 2.40. Once enough shares are acquired by the offeror (Jardine),it will be taken private and delisted.No point holding on to delisted company

With the vaccine play losing steam, it may even drop below 1.0

When would the rps/warrants be credited into our cds accounts?

Malaysian investors do not seem to value Insas.If the boss is serious about fair value for his company,maybe he should do dual listings, maybe in Hong Kong.
But I suspect the boss is not really keen about seeking fair value. He is more comfortable to be in control of the share price.

Pittance. Not worth such lengthy writeup.

Anyone knows what this guy is talking about?

I dont see much correlation between INSAS share price and INSAS-PR price.
Insas-PR price is more related to market perception of its warrant price.As we know warrant price is basically goreng esp with 5 long years to maturity.Last exercise the warrant hit over 30cts.

Yes,this will in future increase the NAPS, but how to translate to better share price for Insas.

It is operating like our open ended mutual funds.At anytime you can sell back at more or less net value. You have to pay a premium to buy in

Or a hostile takeover or aggressive shareback
Many companies in US including big tech companies hardly give dividend but their share price shoot up many folds.If I am not mistaken, even Berkshire Hathaway doesn't give dividend.However it is usually trading at a premium to its nett asset due mainly share buyback.

Icap exists solely for the benefits of TTB.To those invested in icap I would strongly advise to shift your money to Insas. I would even advise TTB to shift icap money in FD to Insas.Short to medium term your returns easily 15-20%.Buy before ex-date of RPS and free warrants probably end of the month.