gweilo

gweilo | Joined since 2013-10-04

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2013-11-07 12:38 | Report Abuse

he who hesitates is lost

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2013-11-07 12:20 | Report Abuse

insas big swollen cash cow full of cream and honey

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2013-11-07 11:53 | Report Abuse

patience grasshopper

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2013-11-06 21:53 | Report Abuse

Me think too many broker types here taunting people to speculate. This not be me! I am an investor. You should be too. No such thing as a fast buck for free. You will lose your panties. Better you send them to me. At least I buy you dinner girl.

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2013-11-06 21:50 | Report Abuse

My Taitai is staying with Insas for the long haul. The only holding my Taitai has more shares of is Magnum and that has returned her almost 5x her investment in 3 years. As her FA I told her Insas will be even better. Insas is NOT a stock for traders. We dun want such people! We wan serious investors oni. People who wan make big profits over time wif lil risk, Yup.

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2013-11-06 20:30 | Report Abuse

Taitai expect her dividend to be 35 - 45K. She very happy. So she keep me happy too. No need for Viagra.

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2013-11-06 20:25 | Report Abuse

Too many get rich quick traders here. Good way to lose your shirts. Find a good stock. Buy it cheap and HOLD it until it matures like a fine wine. MPHBCAP is a keeper.

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2013-11-06 20:23 | Report Abuse

All markets down what do you expect ? The fact that it stayed at its Monday close is GOOD news.
US Fed scaring people with "taper" talk again ! There will be NO "taper" ever !

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2013-11-04 23:11 | Report Abuse

Hey if I could do one a week like dis I'd be a billionaire !

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2013-11-04 19:11 | Report Abuse

Me too ! I oso love Magnum, E&O and Insas !

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2013-11-04 19:06 | Report Abuse

I think so. To me it seems something big is happening. This is not just some syndicate taking it for a ride.

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2013-11-04 16:07 | Report Abuse

yippi kai yea yippy kai oh ghost riders in the sky !

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2013-11-04 16:01 | Report Abuse

ghost riders in the sky !

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2013-11-04 15:49 | Report Abuse

Good call eh ? ;)

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2013-11-04 14:12 | Report Abuse

Taitai bought this share at 1RM in 2009. Since then got >4x gains including 1:2 free share spinoff of MPHBCAP paid for wif 50 sen per share capital repayment n now worth rm1.72 plus solid 5 or 6% dividend into the foreseeable future wif Magnum. We need more "retirement" stock like these! Oso expect mphbcap will hit RM3 before too long meaning her original RM1 investment will be worth ~RM5. Yup that's good for retirement for sure.

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2013-11-04 13:42 | Report Abuse

I suspect something going on company aggressively buying back stock, lots of cash, low pe, price embarrassingly far below nav, how can it go down ! to a day trader maybe but to an investor its a dream stock because its worth a whole lot more. Even if liquidated it is conservatively very conservatively worth 2 to 3x more. How many shares r like this? Many selling far higher have NO value at all. Sell those why doncha.

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2013-11-04 12:46 | Report Abuse

by kcchongnz:
Insas and Graham net net

In 1932 at the bottom of the Great Crash, Ben Graham wrote an article on Forbes about the cheapness of the market and how companies are being quoted in the market for much less than their liquidating value, as if they were all destined to be doomed. He called these types of stocks, "net nets", companies that sell for less than its net current asset value, or net net working capital. Graham used the following formula to compute the liquidation value of a company.

Net Net Working Capital = Cash and short-term investments + (0.75 * accounts receivable) + (0.5 * inventory) – total liabilities

It's the lowest form of valuation you could possibly do because it ignores everything about the business and just focuses on tangible assets. The formula states that;
• cash and short term investments are worth 100% of its value
• accounts receivables should be taken at 75% of its stated value because some might not be collectible
• take 50% off inventories, due to discounting if close outs occur

Insas’s latest balance sheet as at 30 June 2013 was used to compute the net tangible asset and Graham net net values. Besides cash, the net net values of quoted and unquoted investments owned are also taken as 100% of the book value. Note that tax assets, property, plant and equipment, Goodwill and “other assets” are taken as worth nothing.

The appended table shows that the Graham net-net value of Insas is RM1.23. This is more than twice its closing price of 64 sen on 30 October 2013.

Besides Insas has been profit averaging 6 sen per share for the last 10 years. It has on average positive free cash flow and a healthy balance sheet.

Why is Insas trading at such a big discount to its Graham net net value? I guess is investors have not much trust in the management in maximizing minority shareholder value. No dividends have been declared until recently, although it has been buying back its shares. So with the beginning of this more tangible dividend distribution, will Insas be re-rated in accordance with its value?

Insas Graham net net
Cash and equivalent 532,894 100% 532894
Investments 120,290 100% 120290
Investment properties 151,432 100% 151432
Associate companies 90,145.63 100% 90146
Receivables 345,289 75% 258967
Inventories 15,830.73 50% 7915
PPE 59,765 30% 17929
Other assets 43,503 0% 0
Total assets 1,359,150 xxxx 1179574
Total liabilities -325,949 100% -325949
Net assets 1,033,201 xxxx 853,625

No. of shares 693,334 xxxx 693,334
NAB 1.49 xxxx 1.23

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2013-11-04 12:41 | Report Abuse

if you sell you lose

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2013-11-04 12:28 | Report Abuse

I hope you all took my advice and bougth insas ! up 15% today oledi !!!

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2013-11-04 12:11 | Report Abuse

I hope you all did !

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2013-11-02 14:01 | Report Abuse

Buy Insas ! And quick !

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2013-11-01 16:39 | Report Abuse

Of course the stock can go down when the market is weak like it has been all this week but it's not gonna stay that way for long.

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2013-11-01 16:37 | Report Abuse

E&O is premier property and people who buy in their league do not care about price. They want what they want and they want the best. No way is E&O going to lose either sales or margins.

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2013-11-01 16:35 | Report Abuse

Losing steam ? It was 3.20 b4 the budget and now it's 3.28 so I hope it loses some more of that "steam".

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2013-10-31 17:43 | Report Abuse

Buy it now and forget it Janet and just keep cashing the dividend checks. It's a cash cow and the price is not going to ever go down much as long as it can pay a 5 or 6% dividend.plus special extras year after year after year.

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2013-10-31 12:40 | Report Abuse

i agree with member41. If whole market drops it will drop too but will quickly go to new highs when market bounces back so its pretty safe hold.

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2013-10-30 11:17 | Report Abuse

buy it and forget it just keep cashing the dividend checks lah.

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2013-10-30 11:14 | Report Abuse

can. but eventually when its 3 it wun matter much will it? depend if u r in it for a trade or lt investment. me i buy it n forget it. this is a solid company. i dun speculate.

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2013-10-29 13:35 | Report Abuse

this counter should be 1+ oledi !

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2013-10-29 13:34 | Report Abuse

buy magnum for solid dividend income buy mphbcap for solid low risk capital appreciation.

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2013-10-29 13:28 | Report Abuse

if go below 2 me gonna load up even more.

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2013-10-28 16:09 | Report Abuse

Dividend policy on track
Magnum declared a second interim dividend of 5 sen, bringing the 1H13 YTD figure to 10 sen. It is on track to meet our FY13 forecast of 25 sen. Magnum has been averaging a 95% payout so far and we believe its balance sheet has the propensity to surprise with special dividends (it has RM1.4bn cash or RM1.00 cash per share).

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2013-10-28 16:05 | Report Abuse

I love this counter !

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2013-10-28 16:04 | Report Abuse

Cause insiders know value when they see it !

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2013-10-26 20:49 | Report Abuse

MPHB been very good to me wif Magnum/MPHBCapital split and now I be loyal to them in return and support BOTH !!! I have reaped capital gains as well as dividends and there is still more to come. This is what management is supposed to do. Make $$$ for shareholders !!!

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2013-10-26 20:39 | Report Abuse

well i dun live in malaysia and news outside the country is still meager ya know because the wall street criminals still resent malaysia for screwing them in 1998 by on shoring the Ringgit ! Bole Malaysia !!! Malaysia should never kowtow to the USA. Reject FATCA !!!

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2013-10-25 16:20 | Report Abuse

I know today din know zactly wot time but now I know 4PM !

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2013-10-25 14:35 | Report Abuse

What time be the budget out?

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2013-10-24 10:39 | Report Abuse

me keeping me like dividends dun care bout price really magnum like golden goose dat keeps on giving