Contrarian.

I agree with you. Anyone of us can forecast the past with perfect accuracy.

Are we able to forecast for 2024-2026 movements?

SSLee, bro

A family man just like you and looking for sustainable moats businesses to invest except that I have 1 son, haha, 50% lesser than you.

I read hundreds of Fin Statements in Bursa and was glad to research on Insas with 68% discount to NTA. Even more impressed when I saw your analysis.

As investors we look for Dividends Yield AND Capital Appreciation.

If one holds Insas since FY2019-2024 (6 years) the returns are:
1] Total Dividends (3 years x 2.0 sen) + (3 years x 2.5sen) = 13.5 sen or gross 16% over the 5 year period
2] Shares appreciated from 86 sen (within price range in 2019) to RM1.20 (Jan 2024) translates to 40% rise.

Total gains are 56% returns over 6 years translates to 9.3% pa average. Isn’t this far superior to most stocks and definitely Fixed Deposits 4% at best.

If one found a wonderful conglomerate holding superior businesses, wouldn’t it be better to wait for the full valuation to come?

Disclosure: I own BOTH Insas and Insas WC and may continue to accumulate in near future.