INSAS BHD

KLSE (MYR): INSAS (3379)

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Last Price

0.765

Today's Change

-0.01 (1.29%)

Day's Change

0.765 - 0.79

Trading Volume

125,200


40 people like this.

30,653 comment(s). Last comment by $$ BUYSELL $$ 1 week ago

Sslee

10,770 posts

Posted by Sslee > 2022-06-27 12:43 | Report Abuse

Today I q buy at 0.755 already done some.

PSAi3alert

980 posts

Posted by PSAi3alert > 2022-06-27 21:07 | Report Abuse

Lower volatility and shrinking days to expiration is resulting in lower theoretical prices.

It will be difficult for Leno to liquidate 18M+ of WC without getting bruises.


--------

Posted by Sslee > 14 hours ago

In that case Leno is (100 - 31.6)% probability going to bankrupt.

Mikecyc

32,559 posts

Posted by Mikecyc > 2 months ago | Report Abuse

Haha Insaf ke .... a value trap ....

Mikecyc

32,559 posts

Posted by Mikecyc > 2 months ago | Report Abuse

Haha Pretender psai3alertt ran to Bplant with koni3lirker ke ...

ocbc

374 posts

Posted by ocbc > 2 months ago | Report Abuse

beside insas, any more counter cash is higher than stock price ??

Mikecyc

32,559 posts

Posted by Mikecyc > 2 months ago | Report Abuse

Haha just Insaf value trap for another 5 years ke .....

Mikecyc

32,559 posts

Posted by Mikecyc > 2 months ago | Report Abuse

Haha very interesting loh ... Milk Money is purposely posted in Bplant to lead me to here.. Milk Money is a follower of Pretender psai3alertt ... Callvin is a follower to Milk Money ... new aka id ke ...same same as many aka id in Netx ... hahahaha

Mikecyc

32,559 posts

Posted by Mikecyc > 2 months ago | Report Abuse

As posted in Tsh ...

Posted by Philip ( buy what you understand) > 2 months ago | Report Abuse

The question to ask is not how many company stock price is lower than cash, but to find out why Insas stock price is lower than cash for 7+ years, and still the stock price remain the same, while "cash" and value become higher... for 7 years, it is definitely an amazing result that begs the question, how many 7 years in your life does one have?

VTrade

2,097 posts

Posted by VTrade > 2 months ago | Report Abuse

Insas cantik atau tsh cantik ?

Sslee

10,770 posts

Posted by Sslee > 2 months ago | Report Abuse

If market value a consistant profitable and dividend giving company stock price lower than it net cash, it can only mean market is irrational.

As of how long this irrational can last? I have no idea.

Markets can remain irrational for longer than you can remain solvent" - John Maynard Keynes

VTrade

2,097 posts

Posted by VTrade > 2 months ago | Report Abuse

Maybe ?
Down south is even better

Mikecyc

32,559 posts

Posted by Mikecyc > 2 months ago | Report Abuse

Haha konartist ssllee , what happen to Petronm ? Crack spread become Crack your Head ke ....

birdparadise

1,468 posts

Posted by birdparadise > 2 months ago |

Post removed.Why?

Mikecyc

32,559 posts

Posted by Mikecyc > 2 months ago | Report Abuse

Haha bukan kon stockraider saja , kon leno sama sama belajar menyelam di Sungai Klang ...

Mikecyc

32,559 posts

Posted by Mikecyc > 2 months ago | Report Abuse

Haha just Opportunity Lost ... Insaf for Value Trap another 5 year ...

Mikecyc

32,559 posts

Posted by Mikecyc > 1 month ago | Report Abuse

Haha Insaf for Value Trap ...

birdparadise

1,468 posts

Posted by birdparadise > 1 month ago |

Post removed.Why?

stockraider

30,487 posts

Posted by stockraider > 1 month ago | Report Abuse

We important mah!

Insas give u the defensive value of deep margin of safety whereas Bplant give u high earnings and high dividend yield loh!

This best mutual beneficial complementary investment combination mah!

Lu tau boh ?

Mikecyc

32,559 posts

Posted by Mikecyc > 1 month ago | Report Abuse

Haha Kon stockraider partner in Netx Conartist Callvin pun sudah bungkus dari TSH hari ini … sama sama bungkus buang ke ….

Mikecyc

32,559 posts

Posted by Mikecyc > 1 month ago | Report Abuse

haha as posted in TSH as kon stockraider is appeared :


Posted by Mikecyc > 1 hour ago | Report Abuse

haha kon stockraider whom is Conartist Callvin partner in Netx promoted for 15 months ... Callvin is always said won in Netx as cost is 1 sen only , but said in Tsh here that he is Lost in Netx ...

Kon stockraider whom said he is Gain 2 Myvi in Netx ... who is telling lies n who is not bring balls to buy ( Stockraider famous wording in Netx ).... hahahaha

Mikecyc

32,559 posts

Posted by Mikecyc > 1 month ago | Report Abuse

Haha kon stockraider beware with what you done in Netx with yr partner Conartist callvin… oredi had open File in SC ke :

Posted by SEE_Research > 6 minutes ago | Report Abuse

To : skoh888 From : SEE_RESEARCH issued on 2.20 pm . , 18 August 2022 1. Pls note : there is open file , waiting for others complaints together ---- from Bursa Malaysia / KLSE on this Prof Kevin , that with others reports __ he , Prof Kevin will enjoy his time with Bursa Malaysia / KLSE ___ ?

Mikecyc

32,559 posts

Posted by Mikecyc > 1 month ago | Report Abuse

Haha ppl is going to report Him again on TSH n link to Netx …

Posted by kklim112 > 1 month ago | Report Abuse

Q4 profit 127M EPS 31 sen
share price at 79 sen. What went wrong????
What went wrong

Posted by kklim112 > 1 month ago | Report Abuse

This kinds of thing only can happen in Malaysia boleh!!!!!

TheContrarian

7,341 posts

Posted by TheContrarian > 1 month ago | Report Abuse

Wow, Insas cantek.

Posted by yaphoikiong > 1 month ago | Report Abuse

福琼

什么dividend都没有,管理层太小气了

Posted by yaphoikiong > 1 month ago | Report Abuse

Should be limit up, very good profit

Sslee

10,770 posts

Posted by Sslee > 1 month ago | Report Abuse

The dividend will be announced as usual during Nov Q1 result.

Yoong888

10 posts

Posted by Yoong888 > 1 month ago | Report Abuse

What u do with a BILLION cash? Wht happens when company keep on ADDING value?

Sslee

10,770 posts

Posted by Sslee > 1 month ago | Report Abuse

Leno objection on giving better dividend or distribution of treasury shares because Leno hold a lot of Insas-WC.

So must keep the cash untill Insas-WC expired on 28/02/2026.

Yoong888

10 posts

Posted by Yoong888 > 1 month ago | Report Abuse

Its like buying GOLD at 20% of its value !!!

Sslee

10,770 posts

Posted by Sslee > 1 month ago | Report Abuse

No worries by 28/02/2026, Insas will be RM 1.00 so that Leno can covert millions of WC at 90 cents and earn the 10 cents profit.

And Insas cash hoard will be over billion.

Sslee

10,770 posts

Posted by Sslee > 1 month ago | Report Abuse

Joke aside Insas management is a bit too prudent and conservative.
Any way they are looking for good business opportunities to invest in. If anyone have good business opportunities please contact Insas CEO for the business discussion. Insas is holding too much cash.

Sslee

10,770 posts

Posted by Sslee > 1 month ago | Report Abuse

Insas need to seek controlling shareholder Dato Sri Thong to table a MGO waiver resolution at AGM for shareholder approval before Insas can start SBB.

Note: Dato' Sri Thong and PAC currently hold 32.96% Insas share. Any SBB result in triggering the 33% threshold will required Dato Sri Thong to make a MGO offer for all Insas share he do not owned.

Posted by yaphoikiong > 1 month ago | Report Abuse

Okok, well explaination

stockraider

30,487 posts

Posted by stockraider > 1 month ago | Report Abuse

Sifu sslee,

Why u have such a low esteemed proposal to depend on share buy back for insas to move up the share price leh ?
Do not get kon mah! Even if shareholder grant Thong exemption of GO....Not necessary INSAS wil do buy back of its share loh!

Do not be manipulated & grant Thong a free ride on insas loh!

If insas is extremely undervalue....let it be mah!
Do u not see, this is an opportunity to slowly buy more insas, whenever it is undervalue & u have the money mah!

Also u need to take note...if insas is undervalue....Thong will lose more money than us mah! Bcos the warrant about 32% Thong is holding will eventually expire mah!

If Thong...wants to make very big money....he will need to buy more insas....evento the extent triggering the GO....to do otherwise like granting exemption for THONG....it will be continue- slow turtle suffering for all independent shareholder mah!.

Sifu sslee.....U should think strategically like General Raider loh!

Sslee

Insas need to seek controlling shareholder Dato Sri Thong to table a MGO waiver resolution at AGM for shareholder approval before Insas can start SBB.

Note: Dato' Sri Thong and PAC currently hold 32.96% Insas share. Any SBB result in triggering the 33% threshold will required Dato Sri Thong to make a MGO offer for all Insas share he do not owned.

Sslee

10,770 posts

Posted by Sslee > 1 month ago | Report Abuse

Lu Tau Boh,
The more Insas buy back the share for cancellation, the more will be the EPS and NTA.

This is called value addition for the company if you do SBB way below NTA as oppose to do SBB like Topglov for the boss ego and value destruction as the SBB is done way above NTA.

stockraider

30,487 posts

Posted by stockraider > 1 month ago | Report Abuse

Read carefully Sifu Sslee mah!

Lu tau boh ?

Do not get kon mah! Even if shareholder grant Thong exemption of GO....Not necessary INSAS wil do buy back of its share loh!

Do u not see, this is an opportunity to slowly buy more insas, whenever it is undervalue & u have the money mah ?!

Also u need to take note...if insas is undervalue....Thong will lose more money than us mah! Bcos the warrant about 32% Thong is holding will eventually expire mah!

If Thong...wants to make very big money....he will need to buy more insas....even to the extent triggering the GO....to do otherwise like granting exemption for THONG....it will be continue- slow turtle suffering for all independent shareholder like us mah!.

Sifu sslee.....U should think strategically like General Raider loh!

Posted by UncleFollower > 4 weeks ago | Report Abuse

The Star
Supermax



ocbc

beside insas, any more counter cash is higher than stock price ??

1 month ago

IronShirt

3,103 posts

Posted by IronShirt > 4 weeks ago | Report Abuse

Try OskH. Right now there is a BET ( one bottle of Remy Martin Louis XIII---RM600,000 ) on OskH vs Insas
year-end Price

Mikecyc

32,559 posts

Posted by Mikecyc > 3 weeks ago | Report Abuse

Posted by stockraider > 11 minutes ago | Report Abuse

All belong leno lah! 


General Raider have 1.5 id.....that is Raider & General Raider loh! 


Posted by Mikecyc > 33 seconds ago | Report Abuse 


Haha Kon stockraider so fast flag report my post to Orange flag … many aka id ke : 


Stock raider aka id : 


1. gohku 
2. BILLC 
3. Koey 
4. whistlebower99 
5. thehoff 
6. invest_malaysia 
7. Diamond7 
8. shareinvestor888 
9. TheContrarian

Mikecyc

32,559 posts

Posted by Mikecyc > 3 weeks ago | Report Abuse

Refer to Q4 Report ended June 2022 :

1. PBT = 135, 615,000

2. Cash n Bank balances Year to Year is Reduced from 413,692,000 to 311,912,000.. ie ( 101,780,000 )

3. Loans n Borrowings is increased 25,157,000

Sslee

10,770 posts

Posted by Sslee > 3 weeks ago | Report Abuse

Deposits with licensed banks and financial institutions: RM 602,424,000
Cash and bank balances: RM 311,912,000
Financial assets at fair value: RM 249,370,000

Mikecyc

32,559 posts

Posted by Mikecyc > 3 weeks ago | Report Abuse

Haha wah So Cash Rich … why need to repeated 5 years ago RI leh … 2 times RI got raise how much Fun ? Fund ?

Sslee

10,770 posts

Posted by Sslee > 3 weeks ago | Report Abuse

Deposits with licensed banks and financial institutions: RM 602,424,000 from RM 489,106,000...ie increase of RM 113,318,000

So CYC question why Insas transfer excess money from current account to FD? And he suggest should transfer from FD to current account

The RI is for Dato' Sri Thong to hold the warrants to safeguard his controlling shareholder status from any hostile take over by third party.

Yu_and_Mee

3,094 posts

Posted by Yu_and_Mee > 3 weeks ago | Report Abuse

insas is never be a right choice of mine.
if wanted to buy insas because of it has many good controlled companies, then direct buy those controlled companies. The return always much better than insas.

Mikecyc

32,559 posts

Posted by Mikecyc > 3 weeks ago | Report Abuse

Haha Analyst is questioning how much Cash is tight Up with Securities business … why need to did RI again n again ???

Posted by $$ BUYSELL $$ > 1 week ago | Report Abuse

downtrend also.

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