INSAS BHD

KLSE (MYR): INSAS (3379)

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Last Price

0.795

Today's Change

-0.01 (1.24%)

Day's Change

0.795 - 0.805

Trading Volume

180,000


40 people like this.

30,689 comment(s). Last comment by stockraider 1 week ago

Sslee

690 posts

Posted by Sslee > 1 month ago | Report Abuse

3iii and anyone please if you got good investment please drop a note to me.
Insas FD is now RM 757,724,000.

[25/08, 22:56] Lee Soon Sheng: Dato found some good investments for Insas to employ it cash.
Then with increase EPS and dividend very fast Insas will reach RM 1.50.

[25/08, 22:58] Dato' Wong: Current market is uncertain, but we are looking out for good investment opportunities. If u have, pls connect me.

Those deals in the market now are mostly real estates

10bagger10

1,007 posts

Posted by 10bagger10 > 1 month ago | Report Abuse

What happen

TheContrarian

7,430 posts

Posted by TheContrarian > 1 month ago | Report Abuse

Insas cantek.

10bagger10

1,007 posts

Posted by 10bagger10 > 1 month ago | Report Abuse

Why suddenly cantik?

TheContrarian

7,430 posts

Posted by TheContrarian > 1 month ago | Report Abuse

Insas got RM757,724,000 in FD sure cantek.

Sslee

690 posts

Posted by Sslee > 1 month ago | Report Abuse

Stock [INARI]: INARI AMERTRON BERHAD
Announcement Date 18-Jul-2022
Reference No CS2-14072022-00039
Substantial Shareholder's Particular:
Name INSAS BERHAD
Details of Changes:
Currency -
Date of Change Type Number of Shares
13-Jul-2022 Acquired 200,000
Registered Name M & A Nominee (Asing) Sdn Bhd for Media Lang Limited
Nature of Interest Indirect Interest
Nature of Interest Indirect Interest
Shares Ordinary shares
Reason Acquisition in the open market
Total no of securities after change
Direct (units) 537,008,575
Direct (%) 0.00
Indirect (units) 0
Indirect (%) 14.48
Total (units) 537,008,575
Total (%) 14.48
Date of Notice 18-Jul-2022

Insas got 537,008,575 units of Inari sure canteeeeeeeek

TheContrarian

7,430 posts

Posted by TheContrarian > 1 month ago | Report Abuse

Go, go, go Insas.

Mikecyc

38,321 posts

Posted by Mikecyc > 1 month ago | Report Abuse

Haha Kon artist sslleee is beloved Insaf as he did beloved Xingquin until is delisted even knew is in Account fraud…

Mikecyc

38,321 posts

Posted by Mikecyc > 1 month ago | Report Abuse

Haha as posted here earlier, Insaf is keep selling Inari shares to maintain the Profit ….

Mikecyc

38,321 posts

Posted by Mikecyc > 1 month ago | Report Abuse

Haha sslleee how is Inari investing in China with a China partner after US bans chips to China …. Any latest news ???

TheContrarian

7,430 posts

Posted by TheContrarian > 1 month ago | Report Abuse

Insas cantek.

stockraider

30,355 posts

Posted by stockraider > 1 month ago | Report Abuse

Mari....mari....mari loh!!!!

stockraider

30,355 posts

Posted by stockraider > 1 month ago | Report Abuse

This 3iii talk like soahaii....surely the obvious answer is the mkt wrongly value insas mah!

Lu tau boh ???

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 3 days ago | Report Abuse

>>>>

Insas

Fiscal year is July-June. All values MYR Millions.
2022
2021
2020
2019
2018
5-year trend


Cash & Short Term Investments
1,163
1,124
827
885
915

ST Debt & Current Portion LT Debt
248
224
338
441
275

Long-Term Debt
162
161
29
74
205





Fiscal year is July-June. All values MYR Thousands.
Interest Expense
16,188.0
15,217.0
21,452.0
23,220.0
22,790.0

Non-Operating Interest Income
11,514.0
10,690.0
14,712.0
19,973.0
16,297.0

>>>>

Insas reported having cash of RM 1,163 million (1.163 billion) in 2022.
It also reported non-operating interest income of RM 11.514 million for the same period.

11.514/1,163 = 0.99%.

In 2022, it reported total debts of RM 248 m (ST Debt) + RM 162 m (LT Debt) =RM 410m
In the same period, it incurred interest expense of RM16.188 m.

16.188 m / 410 m = 3.948%


Can SS Lee be kind to elaborate on the above?

A company maybe priced very low relative to its book value for various reasons. Perhaps, the market has priced this stock wrongly, thus it is extremely undervalued.
OTOH, the market may have priced it correctly due to various risks not obvious or highlighted.
Be careful, when the price of a company is low, all the valuation parameters, eg. P/E, P/NAV and DY look very enticing. Still need to understand a lot more why it is priced like it is today. It had been priced likeso for a long time too.

Mikecyc

38,321 posts

Posted by Mikecyc > 1 month ago | Report Abuse

Haha Kon stockraider is oredi a soohai in Netx , BjCorp , Sapnrg loh … hahahaha

Mikecyc

38,321 posts

Posted by Mikecyc > 1 month ago | Report Abuse

Haha alamak Micron want to retrench 10 % of its employees…

https://www.chinapress.com.my/?p=3249418

Mikecyc

38,321 posts

Posted by Mikecyc > 1 month ago | Report Abuse

Haha no worries…Micron employees is 48,000 vs Inari employees 5,680 ….

Posted by Philip ( buy what you understand) > 1 month ago | Report Abuse

3iii, if you want to know why insas is very very underprice?
This is the reason why:

[25/08, 22:56] Lee Soon Sheng: Dato found some good investments for Insas to employ it cash.
Then with increase EPS and dividend very fast Insas will reach RM 1.50.

[25/08, 22:58] Dato' Wong: Current market is uncertain, but we are looking out for good investment opportunities. If u have, pls connect me.

Those deals in the market now are mostly real estate

They dont know how to invest, and in recent years their investments are negative returns, which contribute to why no institution is buying insas. For me they have failed the management test, which is to make full use of retained earnings to grow company assets. And worse - they are not returning the unutilized cash back to shareholders.

And you wonder why I don't buy their shares.

and as to why their shares are up 5% today? you know i know la.

>>>>>>>
Can SS Lee be kind to elaborate on the above?

A company maybe priced very low relative to its book value for various reasons. Perhaps, the market has priced this stock wrongly, thus it is extremely undervalued.
OTOH, the market may have priced it correctly due to various risks not obvious or highlighted.
Be careful, when the price of a company is low, all the valuation parameters, eg. P/E, P/NAV and DY look very enticing. Still need to understand a lot more why it is priced like it is today. It had been priced likeso for a long time too.

Sslee

690 posts

Posted by Sslee > 1 month ago | Report Abuse

FY 2022 Dividend income: RM 62,339,000.
ICL revenue of RM30.9 million and pre-tax profit of RM22.3 million in FY 2022
M&A pre-tax profit of RM22.8 million in FY 2022

As at 30/9/2022
Deposits with licensed banks and financial institutions: RM 757,724,000 which earned interest income: RM 5,130,000 in Q1
Cash and bank balances: RM 180,113,000
Still holding 537,008,575 units of Inari.
Financial assets at fair value through profit or loss : RM 216,578,000

So is Philip do much better in his investment compare to Insas?
Should Philip also do a quarterly financial assets at fair value through profit or loss to see how his portfolio performed quarterly?

Note: His recent Harta must have earned him a lot of money? LOL

Mikecyc

38,321 posts

Posted by Mikecyc > 1 month ago | Report Abuse

Haha So Rich Company yet is So Poor … why need to issued 2 times RI with WB n WC to get funding from shareholders?? The RI with WC is Less Sweet than RI with WB …

——

As at 30/9/2022
Deposits with licensed banks and financial institutions: RM 757,724,000 which earned interest income: RM 5,130,000 in Q1
Cash and bank balances: RM 180,113,000
Still holding 537,008,575 units of Inari.
Financial assets at fair value through profit or loss : RM 216,578,000

Sslee

690 posts

Posted by Sslee > 1 month ago | Report Abuse

Sometime I wonder, I invested RM300k+ (10% excess application) for the RI with free WC and later sold all the PB and WC to top up Insas. Do I need to tell them how much I made from this move?

Mikecyc

38,321 posts

Posted by Mikecyc > 1 month ago | Report Abuse

Haha you forgotten what had you posted ? You said you did not sell at RM 1.20 … you missed the Gain opportunity… recalled is Loss ard RM 220,000 ( correct ? ) ..

Referred to your 2 Top 4 list that you own deleted after being exposed RM 0.885 is not averaging down but is averaging Up … then u Top Up to Top 30 .. posted a few times yr Averaging Up cost is ard RM 1.00 …

Haha same same to ur Bplant : from 150,000 shares Top Up to 500,000 shares .. did not sell at RM 1.20 …

Today price is RM 0.615 ..u had posted shl top up if price fall below RM 0.70 .. believe this is yr Cost range as you tabled before…


Posted by Sslee > 15 hours ago | Report Abuse

Sometime I wonder, I invested RM300k+ (10% excess application) for the RI with free WC and later sold all the PB and WC to top up Insas. Do I need to tell them how much I made from this move?

Mikecyc

38,321 posts

Posted by Mikecyc > 1 month ago | Report Abuse

Haha how about yr Petronm that you promoted here at RM 7.00 … crack here crack there crack your Head …

Sslee

690 posts

Posted by Sslee > 1 month ago | Report Abuse

ICL revenue of RM30.9 million and pre-tax profit of RM22.3 million in FY 2022.
Just to answer 3iii why borrow money?
Because financial cost is tax deductable hence just keep some borrowing as not nice as loan shark (ICL) with revenue of RM 30.9 million.
23/12/2022 9:57 AM

speakup

19,601 posts

Posted by speakup > 1 month ago | Report Abuse

Mana insas sifu Leno?

Sslee

690 posts

Posted by Sslee > 1 month ago | Report Abuse

Leno regret not selling WC at 50 cents and migrate to Australia.

Public Nominees (Tempatan) Sdn Bhd: 18,101,200: 5.46
- Pledged Securities Account for Lee Hock Leong (E-PDG/SAN)

Mikecyc

38,321 posts

Posted by Mikecyc > 1 month ago | Report Abuse

Haha Leno is became ah Boyy ke in Jalan Alor …..

stockraider

30,355 posts

Posted by stockraider > 1 month ago | Report Abuse

Ya loh....since migrating to Australia should sell all insas-w at 50 sen mah!
Posted by Sslee > 2 hours ago | Report Abuse

Leno regret not selling WC at 50 cents and migrate to Australia.

Public Nominees (Tempatan) Sdn Bhd: 18,101,200: 5.46
- Pledged Securities Account for Lee Hock Leong (E-PDG/SAN)

Sslee

690 posts

Posted by Sslee > 1 month ago | Report Abuse

I remember during one of the AGM, I told the manager incharged of M&A Securities that he need to capitalised on the name M&A. And make M&A synonym with mergers and acquisitions (M&As) activities and specialized M&A Securities in this M&A activities.

That day will come when Insas inject M&A Securities to main board listed SYF and rename the listed entity as M&A Capital.

stockraider

30,355 posts

Posted by stockraider > 1 month ago | Report Abuse

Possible good rerating upwards for insas loh!

Leno should pray hard for MNA successful listing loh!


Posted by Sslee > 3 hours ago | Report Abuse

I remember during one of the AGM, I told the manager incharged of M&A Securities that he need to capitalised on the name M&A. And make M&A synonym with mergers and acquisitions (M&As) activities and specialized M&A Securities in this M&A activities.

That day will come when Insas inject M&A Securities to main board listed SYF and rename the listed entity as M&A Capital.

Mikecyc

38,321 posts

Posted by Mikecyc > 1 month ago | Report Abuse

Haha “ Song Kah Kaw “ in Cantonese… Kon stockraider is surfaced from Sg Klang ke … Kon leno is still diving ke … hahahaha

Mikecyc

38,321 posts

Posted by Mikecyc > 1 month ago | Report Abuse

Haha analyst is recommended to buy M&A Capital instead of Insas … recalled this is the 3rd listing securities firm which is the smallest… once there is a bull year .. expecting the Revenue n Profits Shl be greatly increasing….

stockraider

30,355 posts

Posted by stockraider > 1 month ago | Report Abuse

This mike silly loh!
Very naive mah!
Listen to analyst soohrow loh!

stockraider

30,355 posts

Posted by stockraider > 1 month ago | Report Abuse

This mike silly loh!
Very naive mah!
Listen to analyst soohrow loh!

stockraider

30,355 posts

Posted by stockraider > 1 month ago | Report Abuse

This mike silly loh!
Very naive mah!
Listen to analyst soohrow loh!

Mikecyc

38,321 posts

Posted by Mikecyc > 1 month ago | Report Abuse

Haha Kon Stockraider is Loss naked in Sapnrg loh :


Kon stockraider

Sapnrg 0.135 ( 26/6/21 ) vs Jkgland 0.105

Insas 0.895 vs Zhulian 1.90

Mikecyc

38,321 posts

Posted by Mikecyc > 1 month ago | Report Abuse

Haha repost from TSH :

Posted by Mikecyc > 12 minutes ago | Report Abuse

Haha Loser “ Song Kah Kaw “ in Cantonese… Kon stockraider whom said made 2 Myvi in Netx … same same as Callvin said win win win with cost 1 sen on 2020 … but Callvin is posted Actually is Loss in Netx on August 2022 in TSH forum … just the twin Kon …

On Zelan ke : Kon artist sslleee is thanks me on highlighted MMC in Insas … he Cutwin RM 180,000 …

MMC is Zelan mother loh … Both I am oredi cutwin loh ….

Stockraider don’t be madd dogg loh as like in Bjcorp loh …

More bad news as VT is intended to reduce his holding to 19.6 % only … just bad karma on Kon stockraider…

Posted by stockraider > 1 hour ago | Report Abuse

Just very silly this mike loh!
It is obvious zelan going to bankrupt mah!

Mikecyc

38,321 posts

Posted by Mikecyc > 1 month ago | Report Abuse

Haha Kon stockraider still want to play flag report as previously in Netx ke …

I oredi used Haha and Hoho to debate against Kon Mabel with her 14 aka babe ( lead by FortuneBlooming n Coolbull ) and 8 aka id Dream_xxxx in TG from RM 7.25 to RM 3.00 … those aka id whom are famous to silent Opposite views by flag report to post removed are Disappeared….

TheContrarian

7,430 posts

Posted by TheContrarian > 1 month ago | Report Abuse

Insas cantek.

stockraider

30,355 posts

Posted by stockraider > 1 month ago | Report Abuse

Very cantik today loh!
Also with volume mah!
Very healthy trend loh!

Insas good investment mah!

Mikecyc

38,321 posts

Posted by Mikecyc > 1 month ago | Report Abuse

Haha no worries.. just get Insaf for Value Trap for 5 years ….

Mikecyc

38,321 posts

Posted by Mikecyc > 4 weeks ago | Report Abuse

Inari’s share price and earnings performance had echoed the two US tech heavyweights, Broadcom and Apple, over the past five years.

Apple and Broadcom did not immediately respond to Bloomberg’s and Reuters’ requests for comment.

According to Inari’s 2022 annual report, the Retirement Fund Inc is its largest shareholder with a stake of 8.75%. This is followed by the Employees Provident Fund and Insas Technology Bhd, with a stake of 6.22% and 4.61% respectively.

Mikecyc

38,321 posts

Posted by Mikecyc > 4 weeks ago | Report Abuse

Haha alamak Insaf is no longer a Substantial shareholder of Inari ke …. Can now quietly sell off Inari shares loh ..

Sslee

690 posts

Posted by Sslee > 4 weeks ago | Report Abuse

Mike please try harder.

Name INSAS BERHAD
Address No. 47-5 The Boulevard
Mid Valley City
Lingkaran Syed Putra
Kuala Lumpur
59200 Wilayah Persekutuan
Malaysia.
Company No. 196101000026 (4081-M)
Nationality/Country of incorporation Malaysia
Descriptions (Class) Ordinary shares
Details of changes
No Date of change
No of securities
Type of Transaction Nature of Interest
1 13 Jul 2022
200,000
Acquired Indirect Interest
Name of registered holder M & A Nominee (Asing) Sdn Bhd for Media Lang Limited
Address of registered holder No. 45-5, The Boulevard Mid Valley City Lingkaran Syed Putra 59200 Kuala Lumpur
Description of "Others" Type of Transaction

Circumstances by reason of which change has occurred Acquisition in the open market
Nature of interest Indirect Interest
Direct (units) 0
Direct (%) 0
Indirect/deemed interest (units) 537,008,575
Indirect/deemed interest (%) 14.483
Total no of securities after change 537,008,575
Date of notice 18 Jul 2022
Date notice received by Listed Issuer 18 Jul 2022


Remarks :
Indirect interest:-

(1) Insas Technology Berhad - 414,769,375 (No change)
(2) Insas Plaza Sdn Bhd - 103,872,700 (No change)
(3) Media Lang Limited - 17,216,500
(4) Montego Assets Limited - 850,000 (No change)
(5) Montego (S) Pte Ltd - 300,000 (No change)

Insas Berhad is deemed interested by virtue of Section 8(4) of the Companies Act, 2016 held through subsidiaries.

Sslee

690 posts

Posted by Sslee > 4 weeks ago | Report Abuse

NO. NAME
NO. OF
SHARES %
1. KUMPULAN WANG PERSARAAN (DIPERBADANKAN) 324,838,300 8.75
2. CITIGROUP NOMINEES (TEMPATAN) SDN BHD
EMPLOYEES PROVIDENT FUND BOARD
231,193,800 6.22
3. INSAS TECHNOLOGY BERHAD 171,219,375 4.61
4. MALAYSIA NOMINEES (TEMPATAN) SENDIRIAN BERHAD
PLEDGED SECURITIES ACCOUNT FOR INSAS TECHNOLOGY BERHAD
(01-00871-000)
100,000,000 2.69
10. UOBM NOMINEES (TEMPATAN) SDN BHD
PLEDGED SECURITIES ACCOUNT FOR INSAS TECHNOLOGY BERHAD
50,000,000 1.35
13. UOBM NOMINEES (TEMPATAN) SDN BHD
PLEDGED SECURITIES ACCOUNT FOR INSAS TECHNOLOGY BERHAD
45,000,000 1.21
15. CIMB GROUP NOMINEES (TEMPATAN) SDN BHD
PLEDGED SECURITIES ACCOUNT FOR INSAS TECHNOLOGY BERHAD
(INSBHD-RCCGLO2)
40,000,000 1.08
18. ALLIANCEGROUP NOMINEES (TEMPATAN) SDN BHD
PLEDGED SECURITIES ACCOUNT FOR INSAS PLAZA SDN BHD (6000068)
37,500,000 1.01

Sslee

690 posts

Posted by Sslee > 4 weeks ago | Report Abuse

SUBSTANTIAL SHAREHOLDERS AS AT 23 SEPTEMBER 2022
(Based on the Register of Substantial Shareholders)
DIRECT INTEREST INDIRECT INTEREST
NAME
NO. OF
SHARES %
NO. OF
SHARES %
Dato’ Sri Thong Kok Khee (1) 5,170,000 0.14 538,554,276 14.50
Insas Berhad (2) - - 537,008,575 14.46
Insas Technology Berhad (3) 414,769,375 11.17 17,216,500 0.46
Kumpulan Wang Persaraan (Diperbadankan) (4) 324,958,300 8.75 25,793,675 0.69
Employees Provident Fund Board 332,994,010 8.97 - -
(1) Direct interest and deemed interest by virtue of Section 8(4) and Section 59(11) of the Companies Act 2016 (“the Act”) held through
Insas Berhad, Immobillaire Holdings Pte Ltd and children.
(2) Deemed interest by virtue of Section 8(4) of the Act held through subsidiaries.
(3) Direct interest and deemed interest by virtue of Section 8(4) of the Act held through subsidiary.
(4) Direct interest and deemed interest held through fund managers.

Mikecyc

38,321 posts

Posted by Mikecyc > 3 weeks ago | Report Abuse

Haha the full article:

Inari affected by Apple’s chip replacement move https://www.thestar.com.my/business/business-news/2023/01/11/inari-affected-by-apples-chip-replacement-move#.Y78zOgNl_IU.whatsapp

Mikecyc

38,321 posts

Posted by Mikecyc > 3 weeks ago | Report Abuse

Haha referred to the Annual Report 2022 … the newspaper analyst just take the Top 3 … did not accumulate the % ….

stockraider

30,355 posts

Posted by stockraider > 3 weeks ago | Report Abuse

Everyone must be aware of this loh!

If this share is going to go up....it will not tell u mah....it will tell people like Sslee & Raider 1st loh!

Lu tau boh ???

Mikecyc

38,321 posts

Posted by Mikecyc > 3 weeks ago | Report Abuse

Haha Kon stockraider is oredi Loss until Soh Soh Deh :

Kon stockraider

Sapnrg 0.135 ( 26/6/21 ) vs Jkgland 0.105

Insas 0.895 vs Zhulian 1.90

stockraider

30,355 posts

Posted by stockraider > 1 week ago | Report Abuse

Just accumulate loh!

Zhulian lost making while insas still very profitable loh!

Better Convert zhulian to insas loh!

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