Thanks Czarll. Look like the chances for Mr Ho to get 90% from the floating shares is very low. I'm holding it for sure.

Let's work closely together all small shareholders here. DON sell and force Mr. HO to give better offer.

I would prefer to have HOVID to continue listing. Imagine if Mr. Ho willing to buy at 0.38, meaning the company is worth more than that. He knew it better than anyone else.

Assume that Cold Eyes holding 1.22%, and he is not selling. And Mr. Ho need to get 90% of the share to be able to trigger the compulsory take over. 10%-1.22%=8.78% left. As long as our small minority share holder not selling more than 8.78%. Then Mr. Ho have to make better offer.

Even Cold eye Fong Siling is holding HOVID. Can't be wrong to hold it. RM0.38? NO way, I'm not selling anything below Rm 0.50.

Not necessary after major shareholder selling, the counter will drop. There are few reason the counter will shot up after major share holder selling.

We all know that Insas and Insas-wb are heavily hold by Dato Thong. Meaning the share floating in the open market are very minimum. From the annual report 2017, we can see that plenty of Small Cap Fund are holding Insas. Normally funds manager will not selling the share one, they will hold for long term. This imply that the "floating" share in the open market getting less and less, so low liquidity. Lower liquidity is bad new for a counter to shot up. That's why Major share holder will release some share to the open market and let ppl "fried". That is one of the reason why for some counter, after major shareholder sell, the counter shot up to the moon. I believe Insas will be the same.

my understanding is. If the offerer managed to get 90%+, then you have NO option, they will just send you the cheque or bank in you 0.38 and get the remainding 10% shared back and DELIST.

If they manage to get 70/75% (not sure the number), then the offerer can decide to go DELIST or maintain listing in Bursa. If maintain listing in Bursa, nothing different from now. If delist, then those share holders who are not selling at 0.38 will still the shareholder for HOVID, but you can't trade the stock in the market. If you want HOVID to buy back your share, you need to write them a letter. On the other hand, HOVID will need to send you quarter report by post/email quarterly to update you the company's progress (CANNOT get in bursa anymore).

My point of view is, HOVID surely want 100%, if not they need to send report to every shareholders again in the future to update them. If HOVID give dividend in the future, then you still entitle for that, just you can't get the update from Bursa.

The different is, if they delist and you still the shareholder, you get update from company directly but not bursa. And you can't sell your shared openly in the market.

There are cases where companies went delist and still gave even better dividend. Cause the major shareholder hold majority of the share now, he/she want more dividend. As a minority share holder in a DELIST company, you still get the dividend.

in short, if you think HOVID going to make lot of money (which I believe it will), then hold and don sell. 0.38 is an insult to me. Company like this could easily hit RM0.80 in few years.

It is very obvious right sitia. PenguinDad said that the big giant he spoke to "recommend" to REJECT the 0.38 offer.

As a small fish in stock market, nothing much we can do, however remember there are few big fund that currently hold HOVID too if you look at their annual report. If those big funds also reject the 0.38 offer, then there is a big chances HOVID can't get 90% of their floating share and delist will be unsuccessful.

Just put your feet into HOVID management shoe, if they willing to buy HOVID share at 0.38, do you think HOVID only worth 0.38? It is definitely worth more than that right or else Mr. HO will never borrow money from financial institution to buy back our share.

so my direction is NOT to sell at 0.38. It is way too cheap for that. Even before the licence issue early of this year, HOVID was able to produce EPS that is able to sustain the share price at RM 0.40. Now with the new manufacturing facility and R&D centre completed end of this year, we should see at least 10-30% EPS grow. And their want to buy back from us at 0.38. You decide you want to sell or not.

I thought Unit 2 already secured their PPA?? Anyone can correct me if i'm wrong?

Turbine 2 is having rotor issue. Still fixing. However, Unit 1 is running well. On top of that, RKM is making money this year with bonus declared to the staff. However, I'm not sure how this profit going to distribute to Mudajaya. So buy at your own risk. Sell if you not confident with the company. Hold if you think you want to take the risk.

it was from internal staff working with TKM. no link, no news. Trust it or not, UP TO YOU.

Just got the confirmation, Unit 3 is ready for COD. Unit 4 will be ready by mid of 2018.

Wondering why got ppl buying PA at Rm1.00. You can easily get 4% PA FD everywhere now. Why buying PA at RM1.00 which need to pay for broker rate somemore.

Sslee, first of all, thanks for the effort.

Just to remind you that Dato Thong may not be the person who would like to listen to the minority share holder. Years ago, I was in one of the EGM meeting which seek for approval for Insas to issue the right issue. Some minority shareholdres actually confront dato thong with reason that he is not taking good care of the shareholders, guess what he replied?

"The business need money to expand, if you don believe in the company direction, you may sell your share tomorrow"

Haha, that's the statement he made during the EGM, which make me bought even more of insas share at lower price. hahahaha.

The risk is still there la.. If they not manage to get 90% of the share, then they might call off the privatization, or increase the buy back price so that they can get 90%+.

What is this is their plot? Tell the public that they want to buy back at 0.38, so that everyone go get at 0.365, at the end, say can not meet the 90% so call off the privatization, price drop back to 0.30sen. Those buy at 0.365 today get stuck again. hahahaha.

Guys, don sell them at 0.38 and 0.20. Let hold together and don let them took the 90% and they will be forced to increase the buy back price.

Unit 3 had a test run on 12-september.

From the cash flow statement, hovid is still profitable. There was a big chunk of investment activities to buy "equipment/property" that reduced the cashflow.

To me, it seem like Hovid management is trying to make the Q report look really bad.

Unit 3 COD will be announced soon. Internal news.

When I bought insas WB at around 0.16-0.18. Ppl said insas asset can see can not eat. Share holders are weak, they took profit with only few cents. Dato Thong not taking care of shareholders etc. Then the share shot up to 0.34 and bound back to 0.30. I buy again at 0.31. Then still got ppl said too high liao, will drop back to 0.2x and trap you for few years. Then it shot up to 0.50 then drop to 0.38 today.

I keep buying today, and of course still got ppl talking about can see can not eat, and etc. hahaha. Only time will tell. If the top 30 shareholders for WB didn't changes from 2016, you guys might see my name on the top 30 shareholderes list in WB in annual report 2017. haha.

No drop today wo.. must be something in brewing liao lo..

Target price for WB is 1.1-1.3. Mother is 2.1-2.4.

If scare, sell around WB 0.80 and mother 1.80. End of this year. Cause next year market crash ma.. hahaha.

Why do I have to mention warrant or mother here. Use finger to think also know is WB la.

Anyway, just a lesson to you. If a stock drop 15%, once it recover back to the initial price, it is no longer 15%.

If Rm1 -15% = 85sen. If from 85sen back to RM1, it is 17.6% NOT 15%.

Just my 2cents. Just buy now and sell in Nov-Dec 2017.

Went in last week to support Insas, gained 15% since the fear of 1MDB and N.Korea vs USA.

Expect Q report will stay positive but not impressive.

almost certain. Turn trend turned positive. Buy before it take off!!! When in red, most ppl worry and scare. When it show uptrend, still keep on thinking of buying cheap. After shot up to the moon, regret why don dare to buy. This is human, haha.

Somehow agreed with sohaitrader. However, Insas never really follow the TA, but still I keep some bullet just in case it follow TA this round. :)

got ppl sell, sure got ppl buy la.. hahaha. who is buying here??

Guys, Unit 3 will soon get COD. Expected another round of non-cash depreciation shot.

bought at 0.42. Thanks for those who sell. :)

Crash for 3 days or in 3 days? haha.

paperlane, I'm laughing to the bank again, A~GAIN~~~~~~~

No point to argue with you here paperplane, I buy just because I'm too rich? Are you ok with this reason? We shall see who is laughing to the bank.

Bought WB at 0.47.

Could be the opening of their new R&D center at Penang?? Saw that building started to fill up with cars.

fake rebound? check the volume before you put any comments. From the volumn, definately something happen.

is ok, you can sell yours at 0.70 but I will sell mine at 0.80.

Perfect time for share price readjustment. Imagine the counter to raise from 60 --> 80 sen. Handsome return.

"The Court had on 22 June 2017 delivered its Decision that all Plaintiff’s (Ibu Suryati) claims against the Defendant (PTRKA) are rejected"

TDM won the case. Just wait for the dividend and bonus. TP RM 0.80 in 1 to 2 months.

Guys, 40% premium may seem a bit high. Believe me, when Insas was sitting at 0.60x and WB at 0.17, can you calculate what's the premium there? It means you need to add RM1+1xWB to exhange for a mother share that priced at 0.6x at that moment. My dad bought the Mother and I bought the WB. Today, it just proved that I received more than +250% paper gain and my dad only achieve 90%++.

Yes, the premium may seem a bit expensive now, but remember the Insas share is EXTREMELY undervalue. I strongly believe that it will goes beyond RM 1.80+. At RM 1.80, the WB should be ranged around RM 1.40 to RM 1.20. Today, the WB priced at 0.50sen. Still plenty of room to swing. Of course the price will be up and down from time to time. No counter will go up everyday forever. After each correction, it will just go higher and higher. Judge for yourself.

Guys, the chart look like coming down, gentle reminder, run before it is too late..

Should easily hit 80sen before end of this year.

Guys, the price for mother should be hitting Rm 1.80 and the daughter should be around 1.10 with 30+ premium. They are trying to release the value of this counter. And when they trying to make money, they will make it at least 3x to 4x times. Just like what they did in 4 to 5 years back.

alooaloo, the ROI 10% is due to the fact that Insas has alot of unrealised gain. One example, Inari share. If you sell all their Inari share, I'm sure their ROI will hit 50%++ easily.

There is not stupid or clever ppl in stock market. Only winner or loser. Sometime your so called stupid ppl gained the most from the stock market. So don act smart here, forum suppose to be a placed to share not to condemn.

Just went to take a quick look at the new R&D building at Bayan Lepas Penang during my lunch time. The car parks started to fill up with cars, might be started in operation or soon in operation compare to my last visit.

Target Price is 1.80 (by year end)

Don catch the falling knife guys..

I bought 0.17, then top up another batch at 0.33, so average is 0.25 now.

Today and tomorrow going to be the perfect time to load more bullets. Short term TP = 1.2, Medium term 1.80+, Longer term 2.10

When every fundamental reasons tell DROP to the share price, it will shot up to RM 1.00 soon. That's how the manipulator earn money in the share market.