Now the sharks are stuck with 1.9 million shares bought from MrSslee and are trying to unload to water fish. 🤣

At least MrSslee benefited substantially from selling 1.9 million Insas shares in January.

Posted by UncleFollower > 50 minutes ago | Report Abuse

If only Insas has sophisticated investors like those in Great Eastern or Isetan...

If only Bursa has activist investors like Bill Ackman or raiders like Carl Icahn...

Then you and I have no chance to buy Insas at this price ever.

We have one here : MrSslee, he tried hard at every AGM, got the annual dividend increased from 1 sen to 2.5 sen. Even scared the shit out of Thong until he unexpectedly resigned as Director.

Posted by UncleFollower > 46 minutes ago | Report Abuse

The knee jerk reaction this morning

The recovery now

There's relative strenght in Insas now. Looks like it's gathering strength to break above $1.10

This is because overall sentiment in the local stock market is still bullish. Insas not likely to dip below RM1 even if Dow Jones falls again tonight.

I made so so gain only on SYF. Cashed out before the special dividend and return of capital.

The only people who speaks well of Thong are those people who are stuck with Insas bought at high prices. They speak fondly of Thong to hook wink water fish to buy Insas so that they themselves could later sell and recover their losses. They would shamelessly promote Insas.

Posted by Tatooine > 11 hours ago | Report Abuse

Even M&A listing was a con, syf shareholders were well rewarded with a special dividend, Insas shareholders as usual nothing. Dato Chee a good friend of Thongs was a substantial shareholder and made a lot of money … again I am sure thong also got rewarded. Then Chee appear at inari but then quickly stepped down, then at Ho hip, since 2021 on microlink board… Thong and friends get rich insas shareholders don’t !!!

Tatooine has clearly shown that Thong does not give a damn to minorities. Stockbroking is Insas original core business. And yet minority shareholders, some who have probably held Insas shares for over 15 years did not receive any distribution of M&A shares.

AI will say Insas is the most undervalued stock, hahaha.

Affin price will not likely to dip below 2.40 because that's the minimum price LTAT selling to Sarawak.

The best time to buy Insas has been when daily volume is low, when it is been ignored.

Insas is classic case of value trap, most buy thinking they found a deeply undervalued winner but ended up trapped unable to sell for a gain.

Previous one.

Tomorrow remember to buy Insas. Insas is selling at 80% discount. Can make 4 fold gain.

Inari has policy to pay out dividend every quarter.

Don't panic, Insas still has RM1,160,000,000 cash.

Insas sum of parts 1+1+1+1 = 1

KLSE sentiment so good, very hard for Insas to drop to 80.5 sen.

May 22 — Sarawak Premier Tan Sri Abang Johari Openg today said that European Union (EU) countries have indicated their interest to set up an EU bank in Sarawak to provide a source of funding for green investments in the state.

🤣🤣🤣

Believe me, it's possible to make a four fold gain on Insas.

If you buy Insas tomorrow at 1.08 and later sell at 5.40 you will make a gain of 4.32, a four fold gain.

Damn, I sold Insas at 1.11 recently.

I am not selling to go away, I selling before others start selling. And I look elsewhere for bargains which I buy before others start buying.

Then, you should do ok.

@UncleFollower, you need to manage your portfolio risk. Too much on one stock is risky.

Another water fish joins the forum.

Took some profits on Affin at 2.56 this morning.

Buyers yesterday sellers today, sellers yesterday buyers today.

Today so quiet here.

My attention is on a few penny stocks which I have been accumulating.

@UncleFollower, i sold that little portion of Insas I bought at 1.03 at the same time as you for 1.11 today.

needs buying boost to take Insas to year high of RM1.35. Coming quarterly results would be good, no surprise at all but for price to rally you need real buying boost not left hand to right hand then right hand back to left hand. Sharks have other stocks to play.

UncleFollower, don't be too optimistic.

Posted by Thirai Thiraviam > 1 week ago | Report Abuse

JohnD0ugh, you say, or quote TTB saying, that “I expect the KLCI to rise to 2,500 to 3,000 over the next 3 – 5 years.” What is the basis for this increase? While KLCI is still undervalued based on PER, and reverting to the historical mean should push the index up, don't you think 60% — 100% increase is rather too optimistic?

Eh, @Thirai , you didn't know that John is TTB?

It cannot be denied that Insas was extremely well in January where it outran almost everyone else except probably YTLPower, SBagan, Kuchai.

It's very clear Insas share price is been suppressed. Left hand to right hand then right hand sells back lower to left hand.

There's a reason for Insas price to stay sideways, have to accept this reason to understand.

Plantation stocks drop in line with drop in CPO price. You need to monitor CPO price.

@MrSslee, yes, many stocks have rallied high. Your OSK also.

Several Insas promoters tried to stimulate Insas but Insas still cannot up. Leno so sexy also failed. Insas needs Viagra, lots of them.

@xiaoeh, got other stocks can make more money. Insas is value trap. Whenever Insas rally it's a small window period of several weeks, after that it drops back like a penis after ejaculation. Insas needs a long foreplay to get the penis up again. 🤣

KLSE CI closed at two year high of 1,616 points, Dow Jones Index closed at highest close above 40,000 points. Some of the local stocks are trending up closing at or near their one year high and other laggards will follow. As for Insas ....... can break RM1.10 or not?

@MrSslee, Insas gave free "CNY ang pow" in year 2020 we retailers accept lah. But greatest beneficiary is Thong but doesn't matter, we ride along to make some gains (only if we later sell).

@xiaoeh, if Insas price can drop below 95 sen, will probably buy but with the current bullish sentiment in KLSE I doubt Insas price will drop below RM1.

Yesterday got so many brainless people sold Insas at RM1.05, hahaha 🤣

Insas holding over RM1,000,000,000 cash hoard and hundreds of millions of Inari shares, if the market price doesn't go up by 1 sen a day it wouldn't reach RM1.80 within 75 trading days.

If Insas goes to 50 sen, MrSslee will do take over lah. Thong will sell all to MrSslee. MrSslee will increase dividend payout to 15 sen annually.

Subsequently selling some Insas shares at zero cost for RM1.34 per share means how many percentage gain? Please help me calculate.

At that time during the RPS rights issue I sold my rights entitlements and used the proceeds to buy Insas shares. In theory, those Insas shares that I bought using the proceeds from the sale of my RPS rights entitlement have zero cost.

Retailer were extremely happy with another round of RPS issue with even more free warrants attached as the warrants could be monetized. The RPS with warrants rights was traded beyond 30 sen per rights if I remember clearly, so retailers could sell their rights entitlement without having to fork out money to take up the RPS rights issue. Every retailer was happy with the "CNY ang pow".

It is possible that in 2020 Thong failed to acquire sufficient amount of Insas-WB even when market price crashed to half sen in the final days as he needed 230 million warrants. Most retailers probably refused to sell at mere half sen. Exercise price of Insas-WB was at RM1. In the end Thong also gave up his Insas-WB and devised another plan with a new RPS issue with bigger amount of free warrants attached at lower exercise price of 90 sen.