I buy when the majority are selling, I watch when the majority are buying, I sell when the majority are getting excited!
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2 months ago | Report Abuse
I will forever hold one share in Insas in case one day it goes to RM60, then I can say I sold it at RM60.
2 months ago | Report Abuse
Forum here so quiet today, like calm water before the waterfall?
2 months ago | Report Abuse
Already broken through 80 sen. No one cheering? Everyone sold already?
2 months ago | Report Abuse
Ah Chen died last year FACBInd still not broken up.
2 months ago | Report Abuse
If Ah Thong dies no more free warrants in 2027.
2 months ago | Report Abuse
How deep value is it? How much cash backing per share?
2 months ago | Report Abuse
After the consolidation, market price of Insas will be adjusted to RM60.
2 months ago | Report Abuse
Insas planning to do a share consolidation : 50 shares consolidate into one giant size share.
2 months ago | Report Abuse
I think you got the year wrong, it was crashing in May 2023 rather than 2022.
2 months ago | Report Abuse
When market sentiment is bullish I normally aim for a minimum gain of 30%.
2 months ago | Report Abuse
I have put my Affin sale proceeds into good use by buying BIMB at 2.24 to 2.25 and Cepat at 0.71.
2 months ago | Report Abuse
Forum here is rather quiet. I feel BIMB can go far.
2 months ago | Report Abuse
Yesterday took Mr Calvintaneng advice and bought Cepat at 71 sen, now Cepat 74 sen. Thank you.
2 months ago | Report Abuse
Dividend already paid out last month.
2 months ago | Report Abuse
Water fish means fools, people who only buy when prices are peak or near peak.
2 months ago | Report Abuse
Posted by rlch > 1 week ago | Report Abuse
If you like bank BIMB is cheaper. Also good dividend counter.
Thank you for the recommendation.
2 months ago | Report Abuse
@Calvintaneng, thanks, will look into some cheap palm oil counters.
2 months ago | Report Abuse
EPF keeps accumulating BIMB and selling Affin.
2 months ago | Report Abuse
Posted by rlch > 1 week ago | Report Abuse
If you like bank BIMB is cheaper. Also good dividend counter.
Thank you for the recommendation, I have moved some of my sale proceeds of Affin to BIMB.
2 months ago | Report Abuse
CGS-CIMB Research says having Sarawak as a key shareholder of Affin Bank would be positive for the bank, as it could catalyse its business growth in the state through closer working relationships with the Sarawak government.
“The growth could be in the areas of business loans (ranging from SME to corporate loans), investment banking deals, treasury and ESG-related businesses (for financial services),” it says in a Jan 17 report.
It believes, however, that it will take time for the bank to realise the benefits.
“It will take time (more than one year) for any positive benefits to materialise, as Affin Bank needs to formulate a plan, expand its network and strengthen its operations in Sarawak. To achieve this, [it] would have to incur additional costs (larger number of branches and employees in Sarawak) while revenue would only increase gradually over time,” it says.
As such, CGS-CIMB cut its investment call on Affin Bank to “reduce” from “add”, but maintained its target price at RM2.26.
2 months ago | Report Abuse
Thank you Affin for the huge gain in the past 2 weeks.
2 months ago | Report Abuse
I don't understand why it (the 'resignation or retirement' fiasco) is being disputed, but I have resigned and stated the reason. However, I still respect the organisation (LTAT) and won't reveal the content of the letter (that was sent to both the minister and ministry secretary-general Datuk Seri Isham Ishak)," he said when contacted.
It was previously reported that Business Times had sighted Raja Affandi's cover letter dated Feb 7 that was addressed to Isham's office, clearly saying that the former had resigned from his position.
"I hereby refer to the matter mentioned above. Attached herewith is one (1) original copy of my resignation letter as the chairman of the Armed Forces Fund Board for the attention of YBhg. Datuk Seri," the letter said.
The day after the letter was sent, LTAT announced that Raja Affandi had retired.
Two days later, the former armed forces chief denied that he had retired, but had in fact resigned.
Earlier today, Defence Minister Datuk Seri Mohamed Khaled Nordin persisted in standing by the LTAT statement that Raja Affandi had retired and not resigned.
Raja Affandi's departure came just a week after chief executive Datuk Ahmad Nazim Abdul Rahman tendered his resignation.
Nazim served LTAT for 31 months after his appointment to the post on June 15, 2021.
The two departures came a month after it was reported that LTAT's planned restructuring had been put on hold.
2 months ago | Report Abuse
CNY second day during day time you see several people desperately promoting Insas. These people don't have a life. CNY second day during day time they could only spend time promoting Insas, must be very lonely people.
2 months ago | Report Abuse
In light of the resignation of both CEO and Chairman of LTAT it is obvious that the new Defense Minister is not in agreement with the selling of 25% stake to Sarawak. The block size to be sold may well be reduced, possibly to 20%.
2 months ago | Report Abuse
So sad to see CNY also so desperately promoting Insas. Obviously these people bought high in 2021 and are stuck trying to get out.
2 months ago | Report Abuse
The Chairman and CEO who both resigned were the ones who proposed the sale of 25% stake in Affin to Sarawak.
2 months ago | Report Abuse
A poser over 'retire or resign" has cropped up following the departure of General Tan Sri Raja Mohamed Affandi Raja Mohamed Noor as chairman of Lembaga Tabung Angkatan Tentera (LTAT).
LTAT on Thursday announced that Raja Mohamed Affandi had retired effective immediately. But in his letter to Defence Ministry secretary-general Datuk Seri Isham Ishak sighted by Business Times, Raja Mohamed Affandi stated that he had resigned
2 months ago | Report Abuse
@Matccom , you can get information from Announcement.
Stock: [INSAS]: INSAS BHD
2 months ago | Report Abuse
Go, go, go BIMB.