I think currently Insas has about 527 million Inari shares. Inari at say, 3.20 translates into RM1.6 billion.

@Sslee, I think if Insas cancelled the treasury shares then Thong would automatically trigger MGO. So, a waiver is still required.

@UncleFollower, my buy order at 1.03 only partially done 3k.

Eh UncleFollower, yesterday where got 300k done at 1.03?

Abang Jo cheapskate offering only RM2.40.

Posted by hng33 > 1 hour ago | Report Abuse

Sslee

Additional Cash inflow from share disposal RM 60-66m on top of recurring Q profit will further boots up INSAS cash hoard to above RM 1.2 billion in next Q. These is almost cash RM 1.80/share......

But we all know Insas will never reach RM1.80.

@hng33, you entering Insas?

Insas at 1.03 is the lowest level since 16th January. Anyone who bought Insas from 16th January and still holding have been trapped.

What happened to all the Insas promoters?

KPS is now a net cash company, right?

Luckily I refuse to listen to Leno and sold Insas at 1.34.

Who's doing takeover at 3.20?

4.5 sen special dividend from approved sale of KingCoil anytime soon.

Apparently EPF has ceased selling. There has been buying support at around 2.50 to absorb the selling.

Abang Joe told to be silent?

In Ah Tong portfolio his unrealized loss in Insas-WC is eating up his unrealized gain in Insas.

Selling off Insas doesn't mean having lost confidence in Insas. It's playing the investment game wisely against the sharks. There's a time to buy and a time to sell off. This time MrSslee has outplayed the sharks.

When the time comes and at the right price MrSslee will buy back Insas, I will buy back, lots of smart people will buy back. Until such time we will just wait patiently.

The real Leno and stockraider dare not show themselves.

Insas whole day red, not even one second orange.

So quiet here.

@Mikecyc, no point advising some people. They want to get trapped let them get trapped.

Why just now got someone so excited with Insas? Went limit up?

Sold BIMB at 2.61 this morning for 15% gain, bought back a bit of Affin at 2.50.

Bought at 1.18.

Sold balance at 2.61. Approximately 15% gain within 5 weeks.

Kena tunggu.

Mikecyc, how come you so good mood?

Is Sarawak going to get 30% or less of Affin?

Last Tuesday, Khaled told the Dewan Rakyat that he personally did not have any issues with the restructuring plan of LTAT. However, the minister made it clear that specific proposals involving the restructuring of the business model and management of shareholdings, including the sale of assets and disposal of shares in several strategic companies, needed careful consideration.

“We are seeking a win-win situation, where the LTAT strategic plan will not adversely affect the companies, and the shareholdings of LTAT in its subsidiaries can be maintained at a level that allows it to retain control,” Khaled was quoted by the media as saying.

How come so quiet here?

Sold half at 2.58 this morning.

Quickly buy Insas, target price two ringgit.

Posted by sóhaitrader > 4 days ago | Report Abuse

ALL IN INSAS... atleast TP 2.00

@MrSslee, risk of default of Omesti-PB?

What bank does Insas own?

Omesti-PB redeemable at RM1?

Now he says Insas is bank stock, hahahahahaha.

so_haitrader getting nervous after buying high.

How much shares Insas has in Omesti?

Insas waterfall coming?

Wah, Mikecyc in good mood today.

Calm before waterfall.

On Thursday Insas closed 2 sen higher on low volume of 934,200 but on Friday Insas gave back 1 sen to close lower at much higher volume of 2,691,900. Bullish trend is closing higher on higher volume, bearish trend is the opposite.

Should debate in Jaks forum.

Did Ah Thong sell any of his Insas-WA and Insas-WB previously before they expired?

@MrSslee, main purpose is to safeguard Ah Thong's interest from hostile takeover.

Why Insas closed red?

Insas isn't really finance counter, it's campur-campur counter.

Ah Thong where can buy from open market? Mr Sslee will explain to you why Ah Thong cannot buy.