I doubt that most people understand what I am saying here. This is one reason why Insas price always drift down back. There's absolutely no reason for Thong to push up share price of Insas. He can get them so cheap at 90 sen at any time he chooses.

Insas setting such a low warrant exercise price of 90 sen greatly benefited Thong.

MrSslee, I want you to take note of this. If Thong exercise all his warrants at 90 sen he will instantly increase his shareholding in the the enlarged capital of Insas to approximately 42.5%. He is obliged to make a MGO at 90 sen but even if no one accepts the offer, Thong still will end up with 42.5%.

Aiyaa, don't know why you two want to debate. I still stick to my method buy cheaply, sell highly, repeat and make many fold gains.

Isn't Graham dead?

Ya, ya, hostile takeover isn't practical, once it's leaked out the price will go limit up. The most practical is Thong himself trigger a MGO by exercising all his warrants at 90 sen. But at 90 sen takeover price who wants to sell their Insas?

Btw speakup, someone is trolling you at Jayatiasa forum.

The smarter ones sold at 1.30 level.

Leno stuck in Insas 15 years gained no monetary benefits, Ah Thong stuck in Insas 15 years got received salary, bonus, Inari ESOS plan, meeting allowance, driver allowance, pet cat allowance etc.

This article first appeared as "Insas’ controlling shareholders may seek a waiver" in The Edge Malaysia Weekly, on June 24, 2019 - June 30, 2019.



THE controlling shareholders of Insas Bhd, Datuk Seri Thong Kok Khee and his brother Datuk Thong Kok Yun, are said to be mulling seeking a waiver from making a general offer for the company if they decide to convert the company’s warrants in February next year.

Such article will be repeated from time to time drawing more water fish into buying Insas.

Thong is a former stockbroker, he knows the rules, don't doubt that he isn't smart. He wants to keep Insas share price down.

Personally I think 2.40 will be the floor price in the near future because that's the minimum price LTAT will sell to Sarawak.

Not so long ago at one stage during a stock market crisis Insas temporarily dropped to below 40 sen. At that time Thong could have proposed a Selective Capital Repayment at RM1 to take it private. He could if he wanted to privatize Insas but he didn't, he doesn't, he wouldn't.

Four fold gain, four fold gain, hahaha.

Despite that, Insas share price has gone downhill since end of March ..... classic case of a value trap.

Inari will survive, Insas will survive.

Posted by Tatooine > 2 minutes ago | Report Abuse

I will wait for 80 cents then buy back, wait for increase and then sell.

Might not go back to 80 sen this year. Overall market sentiment this year is way better than last year.

The bulk of my Insas I sold at 1.28-1.29 level, and when price broke through 1.30 I waited until 1.34 before I unloaded my remaining Insas

Posted by Tatooine > 5 minutes ago | Report Abuse

Thong and board do not care about share price or shareholders

Yes, I have accepted this, and it's easier to play Insas accepting this fact. Others keep thinking Thong will privatize, or someone will make a hostile takeover. That's why they are stuck, refusing to sell.

@Tatooine, basically I have been making money from Insas by playing against the other shareholders, against the sharks, against the crocodiles like a poker game.

I don't care if Insas is a good investment company or not, it has been a great investment for me having made a 4 fold gain so far.

@MrSslee, Insas single digit PE due to timing of Inari shares sale manipulation.

@Tatooine, don't worry, Insas has plenty of cash to throw, still has Inari cash cow to milk.

The stars in the sky tell us that the best time to re-enter Insas is on this particular date ........ it's due ....... soon ........ not yet soon enough ........

Insas at 1.00 you are guaranteed to make a minimum of 10% gain within 6 months, Insas at 0.90 you are guaranteed to make a minimum of 20% gain within 6 months, Insas at 0.80 ...... eh, will Insas reach that level?

Posted by Sslee > 54 minutes ago | Report Abuse

I think insas is the only stock in Bursa where its market cap is below its net cash.
Most likely by next week able to collect some below 1.00 and then next month below 0.9

No, there are others e.g. FACBInd.

Posted by Income > 3 weeks ago | Report Abuse

Rule no. 1: The water is calm, don't think there are no crocodiles.
Rule no. 2: Don’t forget Rule no. 1.

🐊🐊🐊 still around.

Insas-WC now 0.215/0.22, hahaha 🤣

Bought Affin at 2.42.

In the afternoon will Insas drop below RM1?

Insas now 0.995/1.00 😱

Insas 1.00 😱

Turiya share price shot up yesterday.

If Insas drop to 90 sen Insas-WC will be worthless or will it automatically convert into Insas share like Leno said. Leno please come out from your cave and clarify.

If you want to buy, buy next month.

Posted by stockraider > 2 days ago | Report Abuse

Long time since General Raider last posted in Insas loh!
Insas current share price is now Rm 1.07 agst its fair price of Rm 3.60 to Rm 5.50 loh!

Insas where can lose money? Hahahahahahaha 🤣

Let's us all laugh at stockraider, hahahahahaha 🤣

Let's us all laugh at stockraider, hahahahahaha 🤣

Insas 1.01 😱

Prices have not retreated sufficiently, there's hardly any bargain.

Insas 1.02 😱

I will hold my SBagan until RM10.

Today who bought Insas? Don't be shy to tell.

The moment a real no brainer opens his mouth and start commenting everyone could see he is absolutely brainless.

At a time when Iran is launching missiles and drones against Israel we have a no brainer Insas promoter who emerged from his cave, hahaha.

He is desperate, stuck and trying to get out.

Hahahahahahaha

Read properly lah, it's a REAL portfolio.

Sarawak will be paying approximately RM1.4 billion to increase their stake in Affin. What is unknown at the moment is this RM1.4 billion is for how many percentage in Affin. If it's for the whole 20% held by Boustead then the price tag is around RM3 per share.

Ah Tong hasn't left Insas.