Who is guang ming ? is he/sh into thongs like r°Moi ?

Me help Thong out. Applied for lots of excess. HVD to you too !

Now waiting for r°Moi... Wonder how she will perform??

Trading commences on March 3.

It will be announced on 23/2 ? notice will be sent to you but I think you can check your cds account on or after that day and if successful the shares will be in your account. won't start trading till March though.

This counter should already be 3 or 4 RM. Way way undervalued.

Thongs thong momentarily stuck in crack. pull out please.

faster rise if r moi show us her thong no ?

thongs away !!!

Yeah !

Just keep buying !

How about r Moi's thong in action ?

Free time ? Take some pics in your new stuff and send em to me !

Janet I haven't got a clue Yellen wouldn't know a thong if it bit her. she wears bloomers.

Go Tenaga !

yes CU can set your panties alight.

I use elastic thong. like slingshot.

It must be me pushing.

r°Moi how much for your thong (small t) ? More or less than Thongs (big T) RPS ?

I just submitted my form and bank check today for my provisional allotment, I also applied for an additional 100,000 excess. Don't know if or how many excess I will get,

stirred not shaken

yup

Thongs Away !!! ;)))

But if you are asking should you buy them in the market or not? hard to say or whether to wait for the warrant to trade and buy it direct.

I am exercising mine !

one thong beats a pair of underwear.

One pair does if its the right pair.

yes it will and resume its uptrend with gusto. they will push the mother to make extreme profits on the warrants.

r°Moi can i give you that facial ?

5 sen x 4 = 20 sen/2.80rm = 7.15% no tax dividend. who dun wan ?

its down because people doin what i do namely sell mother to buy pr and warrants. later it will have a spectacular resurrection and the warrants will zoom zoom zoom !

It will be 2.55 long before .55 that is for sure !

Western bankers are dropping dead !

http://www.americanthinker.com/blog/2015/01/who_is_killing_the_great_bankers_of_europe.html

I buy all I can get my hands on.

No. Warrants price is not 0.26. That is the PR price. Warrant price is FREE but what price it will trade at is not known until it opens for trading.

Yes, You can buy the PR and then subscribe to the RPS and get the free warrants. No mother share required.

no. the pr allows you to subscribe to the RPS. If you subscribe to the RPS then you get the free warrants.

GweiLo is Cantonese. Means foreign devil.

That's one strategy, yes. It has more risk but also more potential for gain. Only you know your risk tolerance.

You're right. This is why I consider selling all my mother and invest all the proceeds in the warrant. Can make 10x the profit with same capital.Can't really lose either unless the mother stay below rm1 for 5 years which is very unlikely. Surely somebody push it up to make money and I'll be along for the ride.

False assumptions lead to false conclusions.

sell ? never ever even crossed my mind. I like free money too much.

Like I say if you expect it to be rm2 before too long and then rm3 and maybe more later who cares if you pay 70 sen or 90 sen or even 1.2 for it? Only gamblers looking to flip care. Me I'm in it for the long haul. I won't sell for less than 2 + and maybe not even then depending on nta and earnings at the time.

If you dun want to take up you can sell your rights starting tomolo n oso make money.

P.S. The warrants will also be much more volatile than the mother so they can provide trading opportunities as well for those into gambling.

Ok lets pretend at the moment for simplicity you bought 100,000 shares of insas earlier at RM1 and the price of the mother is RM1 at the offering.

Now the day after the offering you get 40,000 FREE warrants.

Day after the offering the warrants begin to trade at 0.25 RM,

So, you sell your mother shares for 100k and use the proceeds to buy 400,000 more warrants,

Now you control 440,000 shares of insas by virtue of the warrants. You no longer own the mother.

Now say, a year from now the mother share is RM2. The warrant price will be at least RM2.25 due to the time premium.

You sell your 440,000 warrants for RM990,000, a PROFIT of RM 890,000 !!!

If you had simply kept the mother and sold them you would have gotten RM200,000 or a profit of RM100,000.

By selling the mother and buying the warrant you increase your profit almost 9x for the same amount of capital !!!

This is called GEARING !

Of course the risk is that the closer the warrants get to expiring the lower the premium and they can in fact expire worthless.

This is why ALL warrants are speculative BUT if you really believe a company is undervalued and it's value will be unlocked within a few years than you can control far more stock at a lower price and make much more profit than by owning the mother share.

I may in fact do exactly this. Sell all my mother and buy as many warrants as I can with the proceeds. Notice that in the scenario above I never converted anything and the 20K I paid for the RPS I will get back in 5 years with 4% interest or I can sell it in the open market beforehand if the price is acceptable to me.

You can also NOT take up the offering and also play this game by selling the mother and buying the warrants in the after market. i.e NO cash required at all.

Many professionals arbitrage this way because this action will drive up the warrant price and drive down the mother and eventually they will sell the warrants and buy the mother to correct the price and keep the two in balance. But, both will still rise or fall based on VALUE and growth performance of the company itself.

So, if you are a believer in Insas, go for it ! If you are a trader looking to make a fast buck flipping shares, find another counter. Hamsub sandwich can advise you on this as he is an expert on flipping. Me, I am an INVESTOR ! I'm sticking with Insas long term.

This post is only to demonstrate the power and usefulness of warrants.How they provide leverage and the ability to control large blocks of shares with less capital but albeit higher risk.

The idea is that you DON't convert ! You get your rm1 back in 5 years with interest. Or, you can sell in open market if you like. If mother goes to RM2 say in a year, warrant will be RM2.25. Then sell the warrant. All PROFIT. NO cash outlay. Even if warrant trade at .25 the day after offering, sell both and make .50 sen profit ! NO cost! NONE. NIL. NADA. Still have mother to keep. Better than dividend manz.

leverage. or what the Brits call "gearing" is the answer.

when? anytime you like from start trading date till 5 years go by. rate? redeem rps for 1 warrant. no cash required. more warrants require rm1 cash unless you bought more rps on offering or in aftermarket.

yes