... Malaysian retail investors are looking to buy stocks of medical glove makers to drive up their share prices and squeeze out short sellers, drawing inspiration from the recent rally at US firm GameStop Corp.

Interesting how US retailers beat hedgefunds who short sell GameStop.
Will Insas buyers able to squeeze out shortsellers like GameStop?

https://www.theedgemarkets.com/article/inspired-gamestop-malaysian-retail-investors-look-prop-medical-glove-shares

powerful

thank you

hi TheContrarian, can you share the link to short selling data

PETALING JAYA: Businessman Tan Sri Halim Saad and Datuk Wong Gian Kui have joined the race to take over PLUS Malaysia Bhd (PMB) with a RM5.2bil offer.

This is also not the first time Halim is wanting to get PMB back. Last October, he and his friends via Karongsa Private Capital Sdn Bhd had written to Works Minister Baru Bian to propose the setting up of a highway trust company to take over all the toll roads in the country.

“I intend to undertake this offer with Wong, a prominent businessman, who currently sits on the boards of Insas Bhd
image: https://cdn.thestar.com.my/Themes/img/chart.png

, INARI AMERTRON BHD
image: https://cdn.thestar.com.my/Themes/img/chart.png

, Ho Hup Construction Co Bhd
image: https://cdn.thestar.com.my/Themes/img/chart.png

, SYF Resources Bhd
image: https://cdn.thestar.com.my/Themes/img/chart.png

and YI-LAI BHD
image: https://cdn.thestar.com.my/Themes/img/chart.png

, ’’ Halim said in the letter dated Oct 11 sighted by StarBiz.


Read more at https://www.thestar.com.my/business/business-news/2019/10/17/halim-saad-and-wong-make-rm52bil-offer-to-take-over-plus#LsgOTKfc2EIHm6FH.99

Could it be meltdown due to bank force selling owners share?

https://www.theedgemarkets.com/article/thong-brothers-hold-big-chunk-insas-warrants-will-they-convert-them-raise-their-stake

https://www.theedgemarkets.com/article/newsbreak-insas-controlling-shareholders-may-seek-waiver

who is the JL and Jib? need to get to TM to clean up :).
TheContrarian = TonyP

TheContrarian Inari shares owned by Insas are fakes. Hahahaha.
... Just like 1MDB holding investment units??

Insas price really doesn't make any sense.
The latest Deposit with license financial institutions and Bank balance alone already 93sen/share.

I think better form a group, appoint a leader/spokesperson and talk to Thong. Friendly approach should be more fruitful. Who know... Thong may give you some tips too on investment

yay

Maybe start a whatsap grp? admin add only shareholders. Members request need to show proof of holding. eg purchase contract, statement

looks like insas will only climb when it is quiet here

those who contra esp WB kena kao kao today

T4 today. blood shed

DSTKK can now collect WB again, cheaper than his selling price.

The decision is in the hand of the management whether to reclassify from associate to investment. With less than 19% they can claim not to have control but at the same time can also claim to have control as the board of directors are the same.
Certainly hope that they reclassify as the current Insas price doesn't reflect true value of the share.

Perhaps SSLee should raise this matter if results not out during AGM. At the same time, likely Insas management also reading the comments here.

groom and transform it to another Inari

What is dgsb

go insas go.

seller kena makan as they come out. Going back to 1.05 this week. hehe

maybe last week insas-pa buyer bought wrong insas :)

slowly but surely. Go insas go

someone accumulating insas.

Insa laii liao

http://www.thestar.com.my/business/business-news/2017/10/07/is-yilais-privatisation-offer-price-attractive/

Yi-Lai’s management team is headed by independent non-executive chairman Datuk Wong Gian Kui. The 57-year-old Wong, an accountant by profession, was appointed to the board as independent non-executive director on Aug 11, 2015. He later assumed the chairman’s post in February, last year.
Read more at http://www.thestar.com.my/business/business-news/2017/10/07/is-yilais-privatisation-offer-price-attractive/#7USQ7b4LrzuqXrpT.99

Wong Gian Kui profile
Board Members Memberships*
1992-Present
Non Independent & Non-Executive Director
Insas Berhad
2010-Present
Executive Director
Inari Amertron Berhad
2015-Present
Independent Non-Executive Chairman
Yi-Lai Berhad
2017-Present
Executive Director
Ho Hup Construction Company Berhad

Wong Gian Kui privatised Yilai.
Would he influence Insas to do the same?

SsLee should ask if this will take place too...


TheContrarian Insas' shareholding in Inari has dipped below 20% for the first time. If Insas is not allowed to treat Inari as an associated company, accounting standards require it to recognize fair value gain on Inari shares resulting an instant gain of around RM800,000,000.
03/10/2017 19:16

TheContrarian The disposal of Inari shares was deliberately done at end of September. If there is going to be a accounting policy change, the instant gain of RM800 million will be reflected in QR ending Sept 2017

thanks Oreo... yes, pasanglang from Klang

appreciate if someone could post the AGM date time and venue.
Better still if can post reminder when the date is nearer so that more of us can attend.
Thank you so much.

go insas go

go insas go. panjat lagi

don't gado la. have peace and enjoy insas

heard that INSAS wil crash for three days.... heard from danny123 or paperplane

go insas go. panjat tinggi tinggi

ripe for runup. go Insas go

lai liao today

Paperplane now more d meh?

rebound lo, those want to sell quick quick

Those no confident, quick quick sell.

those no confidence quick quick sell lo. You guys need to be shaken off first before insas will fly higher ma.

up up sampai above RM2 then bonus issue...

http://www.theedgemarkets.com/article/insas-may-trend-higher-says-rhb-retail-research

power!!!

with such good results, sales from all those who got stuck over the years can be easily absorbed. This can launch the share price it to greater heights

every pullback is great buying opportunity at this level

Bonus issue highly possible with such strong reserve.

down then up