No matter you are short term investor, value investor or long term investor, maintain steadfast on your investment strategy. The market is always being manipulated and 80% will end up losing their money. Likewise, others will pick up our tickets when we sell them at high price later on. It's always Emotion (Greed and Fear) vs Rationality while many think that they are being rational.
The sentiment is weak throughout, if you are a good chartist or technical analysis and if you have the time, be disciplined with your gain and cut-lost strategy.
If you are a season investor, you will know what to do. This is when value investor will take position when a good fundamental stock is greatly undervalue.
SWITCH TO SWEET SAFE APPRRECIATIVE INSAS BEFORE TOO LATE LOH...!!
Big upside Potential for Insas Mah !! Do not missed loh...!!
The Q1 Sept 2020 already big turnaround in investment segment with overall profit registering rm 65m profit.
I think q2 Dec 2020 profit will even see higher gain with disposal of sengenics, Raider see come profit of Rm 100m loh...!!
That will raised Insas share price above Rm 1.00, just in time for the bullish RPS rights issue with 5 free warrants for every 2 RPS rights expected to come in February 2021 mah!!
Make your move early loh!! Very bullish scenario mah...!!
Raider see big upside potential loh!
Posted by Sslee > Dec 9, 2020 12:38 PM | Report Abuse
INSAS Annual Report 2020 Page 8: The main contributor of pre-tax profit in FY 2020 is the Technology segment accounting for RM32.0 million (FY 2019: RM62.9 million), followed by the Financial Services segment contributing RM31.3 million (FY 2019: RM25.2 million). As a result of the unfavourable factors highlighted above, the investment holding & trading segment suffered a pre-tax loss of RM49.2 million due to unrealised mark to market losses of financial assets at fair value through profit or loss and derivative financial instruments (FY 2019: pre-tax profit of RM1.5 million).
Q2 Result end 31th Dec 2020. 1. How much of investment holding & trading segment pre-tax loss of RM49.2 million due to unrealised mark to market losses of financial assets at fair value through profit or loss and derivative financial instruments will be written back? OCBC now Sing 10+ 2. Share of profit from associate companies Inari, Hohup and DGSB? 3. One off gain from disposal of Sengenics 4. Profit from M&A security and ICL?
those who laugh at glove , make fun of glove,insult glove stocks. now is ur turn for you karma , ur AA ,genting , bank will start to blood and free fall.
So far people around the world already celebrating like post covid , vaccines available out there are in great doubts to end the pandemic. No reason why Glove woundn't make a comeback.
It is a good trading stock as it is supported by strong fundamentals. Its current PE multiple is so attractively low and with expected improved profitability in the next two qtrs, its price is not likely to fall much further. It is likely to recover very fast. Don't lose sleep over this.
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Posted by ryanlcc > 2020-12-14 10:04 | Report Abuse
Time to top-up...