Kuchai is following SBagan's uptrend.

No one entering now, we all selling down.

Looks like Insas will breach 1.20 in the afternoon.

Really pity Dehcomic01, SBagan price continues to outperform KLK.

Insas share price has overtaken Mphbcap

LOL @ speakup, you seem to be enjoying yourself at Insas forum.

@MrSslee, I think Tong Kooi Onn entered Insas at 80 sen, so there's a good gain today.

Took some profits at 1.16.

Up to you.

@speakup, don't be greedy.

Oops, wrong forum.

Go, go, go Insas.

Go, go, go Insas.

Took some profits at 2.40.

Posted by TheContrarian > 2023-06-06 15:02 | Report Abuse

LTAT sold, Boustead sold, EPF now selling. I just bought at RM1.85.

OMG! The Jinx has reappeared! There's no more hope for Affin. Price will drift down.

The transaction values Affin Bank at 0.4 times its book value. The price is relatively cheap considering that banking transactions are usually done at a higher valuation of closer to one time book value.

Having said that, Affin Bank’s shares have historically traded at a discount to other financial groups listed on Bursa Malaysia. That is because of its major shareholders, LTAT and Boustead Holdings Bhd, and the close nexus the entities shared with the powers that be in Putrajaya prior to 2018.

@Bursino, they already sold at 0.4x PB earlier lah.

I think it will be around RM2.30 because it's a bigger stake.

Mr Sslee, before you sell please give all of us ikan bilis a 5 minutes headstart.

Last time Sarawak squeezed LTAT for a discounted price of RM1.97 when the then market price was above RM2.00 and shortly later even received dividend of 7.77 sen.

The pricing of the deal may turn out to be a big disappointment just like the initial pricing of the earlier 4.95% transacted.

Mr Sslee, I wish you were my father.

Affin forum has gone quiet again.

@speakup, don't ever stop speaking up. Next week we go cheer, cheer Insas.

Mr Sslee, you are a winner, enjoy the gains you made.

Wah, Mr Sslee has 2.3 million Insas.

Congratulations to Mr Sslee.

@Sslee, no harm not to take some profits next week.

Insas memang cantek, next week Leno the cat will return.

Go, go, go Insas.

Insas cantek.

Insas cantek.

Leno will come out from Perth retirement soon.

Some more got post YouTube.

If Insas breach RM1 Leno the cat will return. Insas cantek.

From the beginning people here say SBagan better than Kuchai, means sell Kuchai to buy SBagan.

Really pity Dehcomic01, wrote so long but SBagan continues to rise.

EPF selling, going to drift down.

Every year I make money from Insas buy low sell high, sure case of making money.

Go, go, go Insas.

You guys all still here?

Anyone bought Affin today?

Sarawak government which presently holds 4.9% hopes to acquire additional 15% stake from LTAT.

If SBagan drops to RM3.50, Kuchai's fair value will be RM1.40 ....... pray SBagan doesn't drop.

If SBagan goes to RM4.50, Kuchai's fair value will be RM1.60 ....... if SBagan goes to RM5, Kuchai's fair value will be RM1.70 ....... if SBagan goes to RM10 ....... aah, can or not?

@Yippy68, absolutely right, foreign funds are aggressively buying Affin.

Everyone should wait at RM3.

Previously at 2.00 no one had the balls to buy.

Took second batch profit at 2.42.