Pleasant surprise of 2.5 sen interim dividend.

Took some profit at 0.80 today.

Took a bit profit at 0.445 today.

Let's us all laugh at Kenanga's sell call.

@MrSslee, Inari short selling position as at yesterday 64.6 million shares.

From 1 April until now Insas has not reported any disposal of Inari shares. If Insas doesn't sell some Inari shares by end of June the next QR will most probably show a loss. What would happen to Insas share price if they announce a loss for quarter ending 30 June?

Quarter ending 30 June Insas going to take another hit on its investment in Omesti?

Mycron rallying hopefully.

Leno still stuck in Insas until dare not show herself. 🤣🤣🤣

MPHB where got warrants? Hahaha 🤣🤣🤣

QR finally out.

QR finally out, unexpected RM51 million charge of incentives to reward employees!

Maybe there will be an announcement tonight : Sarawak buys 20% of Affin from Boustead at RM2.60 per share.

Which brainless person sold Insas at 1.03?

@John, need to be diplomatic to engage Surin.

Why people don't wait until 60 ringgit before selling?

@Opportunate, the SCR will be frustrated if around 40 million shares vote against it.

Another water fish has just joined up.

I wish to disclose that after having sold at RM1.11 on 20th May I no longer has any share in Insas. However, I may buy tomorrow or next week or if price falls below RM1 ....... or I may never buy Insas again.

May is coming to an end soon. Leno now trapped in Insas 15 years and 4 months.

There's a list of top 30 shareholders in the Annual Reports. Yippy68, are you there?

Bought back Affin at 2.40.

@UncleFollower, not planning to buy back Insas ...... yet. Don't want to get trapped.

If Surin senses that he will not get the 75% acceptance he might revise upwards the offer price but this need to be done BEFORE the EGM convened to vote for the SCR.

SCR offer price can be revised, that's why I say you minorites need to group together and appoint your spokesman and engage Surin.

SCR is different from MGO. Market price in a SCR will not go above offer price because if SCR succeeds then the Company is privatized and delisted. In a MGO the offerer may choose to retain listing.

@UncleFollower, buy back what? I am not following.

Do note that in a SCR if 75% accept the offer of RM1.70 then all of the minority shareholders' shares are automatically acquired. Means you vote No also you lose your shares at RM1.70 UNLESS 10% voted No.

@MrSslee, there's interesting development at MPHBCap where Surin attempts to privatize the Company via SCR which requires 75% acceptance and not more than 10% opposing.

Posted by Johnzhang > 41 minutes ago | Report Abuse

Kaya, log in to the remote AGM tomorrow and show your displeasure. I am going to do that .

Dear John, if you want to fight for a higher price, then form a group of shareholders to act as one voice to negotiate with Surin. If you can gather a group of shareholders with 44 million shares then collectively this group of shareholders can make or break the offer.

Dear John, a SCR requires 75% acceptance and not more than 10% opposing. If 10% of the minorites oppose the SCR then it is off. So the chance of a higher revised offer is possible.

Insas has cash over RM1,000,000,000. Microlink loss RM25,000,000 no worries. If Insas sells 7.5 million Inari shares at RM3.40 already more than RM25 million in sales proceeds. Insas selling at 80% discount, hurry and buy.

Don't get trapped in Insas.

Today YTLPower MGO of Ranhill at 99.5 sen per share. In February 2026 Thong MGO of Insas at 90 sen per share?

@UncleFollower, I am past that age speculating in loss making stocks.

@speakup, got male thong also.

Still got people praising Thong, worshipping him, calling him Warren Buffett ........ 🤣🤣🤣

Insas would have been PN17 if not for Inari.

Ninja Van Malaysia’s Singapore-based parent company Ninja Logistics Pte Ltd (Ninja Van Group) has raised US$976.5 million in the 10 years since its establishment. Investors include Singapore-based tech venture capital firm Monk’s Hill Ventures, Insas Bhd, DPDgroup (Europe’s largest parcel delivery network), China’s Alibaba Group Holding Ltd, B Capital Group Management LP and ride-hailing firm Grab Holdings Inc.

Insas also has OCBC Bank shares and Ninja Van.

Investing in Insas shares is as safe as putting money in FD in a bank. Insas has over RM1,000,000,000 cash and over 500,000,000 Inari shares, cannot go bankrupt one. Last month I bought Insas at 1.03 and this week I sold at 1.11 giving a 7% gain in one month. You put money in FD one year interest also cannot get 7%.

Yesterday Insas at 1.08 was selling at 80% discount. Today at the end of the day Insas at 1.04 with Inari closing 0.21 up, is selling at 85% discount. Insas getting cheaper, don't forget to buy next Monday.

QR out.

Oh, wasn't aware of that. Have not been interested in ICap.

But ICap hardly ever pays any dividend.

Today which brainless person sold Insas at 1.04?

Leno's return next week has been postponed indefinitely, hahaha. 🤣

This is exactly why Insas is a value trap.

Insas market price movement NEVER follows Inari. For over 8 years already I have observed.

With current bullish sentiment in the local stock market there are other stocks that will probably give greater gains.