1 person likes this.

10 comment(s). Last comment by TheContrarian 2016-05-24 18:58

hpcp

450 posts

Posted by hpcp > 2016-05-24 11:24 | Report Abuse

Calvin, you are KING of asset play

calvintaneng

53,266 posts

Posted by calvintaneng > 2016-05-24 11:30 | Report Abuse

Posted by hpcp > May 24, 2016 11:24 AM | Report Abuse

Calvin, you are KING of asset play

Calvin KING of Asset Play?

You are Absolutely Correct!

SEE INSAS WONDERFUL ASSETS:

Location/Address
Description /
Existing use Area Tenure
Approximate
age of
buildings
(years)
Date of
acquisition
Date of
valuation
Net
book
value
RM'000
M & A Building
52A, Jalan Sultan Idris Shah
30000 Ipoh, Perak
10 storey corporate office
block lease out and
for use as office premise
10,484 sq feet
(Land area)
Freehold 17 18-Jan-1995 30-Jun-2015 11,771
6, Jalan 31/70A, Desa Sri Hartamas
50480 Kuala Lumpur
4 storey shophouse
leased out
1,765 sq feet
(Land area)
Freehold 18 31-Oct-2001 30-Jun-2015 4,000
Block 45 & 47, The Boulevard Offices
Mid Valley City, Lingkaran Syed Putra
59200 Kuala Lumpur
2 blocks of 11 storey
shop offices leased out
and for use as office
premise
54,277 sq feet Leasehold
(unexpired lease
period of 87 years)
13 17-Jun-2002 30-Jun-2015 52,527
21, Plaza Crystalville 1
Jalan 23/70A, Desa Sri Hartamas
50480 Kuala Lumpur
3 storey shop office
leased out
4,620 sq feet Freehold 14 3-Jan-2000 30-Jun-2015 3,600
R-3A-1, D’Aman Ria Apartment,
Jalan PJU 1A/41
Ara Jaya, 47301 Petaling Jaya, Selangor
1 unit apartment for lease 1,133 sq feet Freehold 12 22-Jun-2007 30-Jun-2015 530
8A, Orange Grove Road
#11-03, D’Grove Villas
Singapore
Apartment for lease 2,701 sq feet Freehold 22 14-Feb-1996 30-Jun-2015 14,577
5, Draycott Drive
#15-02, The Arc at Draycott
Singapore
Apartment for lease 1,270 sq feet Freehold 7 27-Nov-2008 30-Jun-2015 7,709
21 Claymore Road
#07-02, The Tate Residences
Singapore
Apartment for lease 1,894 sq feet Freehold 5 24-Feb-2010 30-Jun-2015 12,615
Flat A, 23rd Floor, York Place
22 Johnston Road
Hong Kong
Apartment for lease 981 sq feet Leasehold 5 31-Jul-2009 30-Jun-2015 7,308
H S (D) 11371, No. P T 14461
Bukit Tinggi Resort
Mukim and District of Bentung
Pahang
Vacant land for
development
130 acres Freehold Not applicable 24-Oct-1995 30-Jun-2015 38,000
Lot No. 51979, Geran No. 43962
Mukim and District of Kuala Lumpur
Vacant land for
development
24,380 sq feet Freehold Not applicable 18-May-2004 30-Jun-2015 14,000
Ampang Putra Residensi
Jalan Ampang Putra 6,
68000 Ampang, Selangor
23 units of apartments
& 2 units retail shop held
for sale and for lease
26,951 sq feet Leasehold
(unexpired lease
period of 90 years)
5 7-May-2010
3-Sep-2010
– 6,626
Lot No. 2-12, 2-13, 2-18, 2-19, 2-31 & 2-32
No. 65, Jalan 1/17, Fadason Business Centre
Taman Fadason, Off Jalan Kepong,
52000 Kuala Lumpur
6 units retail shop offices
held for sale
4,200 sq feet Leasehold 4 11-Jul-2011 – 1,504
D-07-1, D-07-2, D-07-3, Block D,
Plaza Kelana Jaya
Jalan SS7/13A, 47301 Petaling Jaya, Selangor
3 storey shop office 4,387 sq feet Freehold 4 17-Mar-2011 30-Jun-2015 2,250
53, Ubi Avenue 1
#03-47, Paya Ubi Industrial Park
Singapore 408934
1 unit office premise 3,121 sq feet Leasehold
(unexpired lease
period of 42 years)
18 28-May-2012 – 3

calvintaneng

53,266 posts

Posted by calvintaneng > 2016-05-24 11:32 | Report Abuse

INSAS HAS SOME OF THE MOST VALUABLE ASSETS ON PLANET EARTH!

AMAZING! AMAZING! BEYOND YOUR WILDEST DREAM

Location/Address
Description /
Existing use Area Tenure
Approximate
age of
buildings
(years)
Date of
acquisition
Date of
valuation
Net
book
value
RM'000
Parcel No. A-21-02 and A-22-02
H S (D) 259911, No. P T 5981, Village of Kinrara
District of Petaling, Selangor
2 units apartments
under construction
3,057 sq feet Freehold Not applicable 24-Jul-2012 – 507
Lot No. 24, H S (D) 276425, No. P T 79872
Mukim and District of Petaling, Selangor
2 1/2 storey
semi-detached house
under construction
4,908 sq feet Freehold Not applicable 1-Jun-2012 – 2,422
Unit No: C10 and C11 Aurora Place
Unit No: A-17-01, A-17-02, A-17-03,
A-17-03A, A-18-03A, A-18-05,
and A-18-06 Aurora Place
H S (D) 119460 No. P T 15146,
(formerly known as Geran 42277, Lot No. 36101)
Mukim of Petaling, Kuala Lumpur.
2 units of 5 storey
shop offices and 7 units of
SOVO under construction
17,657 sq feet
6,967 sq feet
Freehold
Freehold
Not applicable
Not applicable
28-Dec-2012
31-Mar-2014


4,995
1,257
Lot No: 7, 8, 15, 18 & 28
H S (D) 276442 No. P T 79889,
H S (D) 276441 No. P T 79888,
H S (D) 276434 No. P T 79881,
H S (D) 276431 No. P T 79878,
and H S (D) 276452 No. P T 79899
Mukim and District of Petaling, Selangor
5 units of 2 1/2 storey
semi-detached houses
under construction
17,168 sq feet Freehold Not applicable 11-Mar-2013 – 7,925
38 Jln Pemimpin #07-08 M38
Singapore 577178
1 unit of factory/
showroom
in M38 Building under
construction
2,906 sq feet Freehold Not applicable 17-Jul-2014 – 4,348
38 Jln Pemimpin #07-09 M38
Singapore 577178
1 unit of factory/
showroom
in M38 Building under
construction
2,820 sq feet Freehold Not applicable 25-Jun-2014 – 4

Mini Bull

790 posts

Posted by Mini Bull > 2016-05-24 11:34 | Report Abuse

Buy Insas equal boiling frog

Posted by klsetechwiz > 2016-05-24 11:38 | Report Abuse

calvin, sycal good?

oregami

1,999 posts

Posted by oregami > 2016-05-24 11:43 | Report Abuse

Insas will b cheap & miss priced forever.

i4investor

2,797 posts

Posted by i4investor > 2016-05-24 11:48 | Report Abuse

why keep promotinh calvin...u must be stuck inside like me too or stuck inside warrant? good job anyway...keep promoting...let it shut up to 2.00

speakup

25,091 posts

Posted by speakup > 2016-05-24 13:44 | Report Abuse

when will rozali take the privatisation path?

stockmanmy

6,977 posts

Posted by stockmanmy > 2016-05-24 14:14 | Report Abuse

Hwang taken private at $ 2.62

If they say, it is being taken private at $ 2.20 and do not intent to maintain listing, minority shareholders will also be forced to sell to them.

TheContrarian

8,716 posts

Posted by TheContrarian > 2016-05-24 18:58 | Report Abuse

Annualized P/E of 2.19 is so misleading. You know it's due to huge realized gains on disposal of Inari shares. Anyway, Insas continues to dispose of Inari shares at peak prices in April. Spectacular earnings are therefore anticipated. Also, Insas is not allowed to mark its investment in Inari at market price since it is an associated company.

Post a Comment
Market Buzz