I think most of the crack spread is due to inventory gain. the normal crack spread is between usd 5 to 6, thus when the inventory gain is depleted, it will fall back to this level. This is provided that there is no inventory losses when oil market turn,
This company is related to palmoil business, eventhough its plantation is relative small but its other aspect of the palmoil business are very strong like its Mills and its palmoil marketing & trading business and most of its big profit come from here.
As long as cpo price remain high, you will see this co wii churn in high profit every qtr.
I believe that stockraider comment make alot of sense.
As a good investor, we should have a overall big picture perspective for our insas investment.
Surely if the market give the wrong value & impression to your assets like the case of insas, you should ignore it .
This is because short term the market is a voting machine & over a longer term it always are weighing machine.
Better invest for the longer term.
Posted by stockraider > Nov 16, 2021 11:54 AM | Report Abuse
Lu pakai otak & think lah!
If u put Rm 100k in FD in the bank...at interest for 5 years compound at 4% pa....do u give a poor value to your FD at Rm 25k just bcos u cannot get your hand on the money now leh ?
U still value the FD worth at least more than Rm 100k mah!
Lu tau boh ??
Do not be silly mah!
Insas is good. Inari is very good. Both are good stock to invest. Buy are the right time than can earn money. For me Inari will be good for next few years. Insas i think got good management. Most important is strong management to increase shareholder value.
I make some very good profit investing in 222,000 insas share, costing me rm 155,400, my advice is when come to investing in slow turtle and high probability of success stock like insas, one must have very good patience and have faith in the investment since you have carefully selected it.
Congratulations for registering yourself to be the top 30 shareholders of Insas. It take alot of effort and faith in order to buy so much share on this company.
For myself, i hold 220,000 shares in insas although relative small compare to you, it still represent very substantial amount of my assets (more than 60%) invested in this company, i hope with the help of Mr Lee being the substantial shareholders of Insas & the leader of minority shareholders in I3, you can help us to request for more dividend payout in proportion to the much better profitability registered in the company this year.
I have notice some hidden latent strength at insas & insas-w lately, since its share price & warrant price broke out from Rm 0.825 and Rm 0.235 recently it slowly continue with its run.
Every time the market try to press down insas price below 84 sen & warrant below 25.5, it always rebounded back very fast.
This indicates steady accumulation of insas & its warrant are in progress and the strength of buying power.
I think a good time will be coming for insas & its warrant, as its price is keeping up. Since insas has good fundamental & financial strength and with good prospect especially its associate inari that involve with 5G, the investment preposition are very positive going forward.
I notice Insas & insas-w, had shown very consistent upside progress for the past 3 weeks. Based on the current trend & momentum the mother & the warrant should be able to breached Rm 1.00 & Rm 0.36 by the the end of august.
Although the upside is not expected to be furious, the expected gain is still going to be commendable.
Investors who believe in value & steady sustainable gain, should love this type of steady sustainable stock like insas.