Stock: [INSAS]: INSAS BHD hours ago | Report Abuse
Haha wow KonLee is an “ Attention Seeker “ .., approached me 1st in Netx on 2020 telling Lies replied my post which directed to Konstockraider to bail out Stockraider on Insas-WB whom play wayang in Insas-WB forum with Callvin with invested RM 5000 …
Then KonLee said Raider Win 1 Myvi in Netx RI .. Raider said Win 2 Myvi… both blowing bla bla bla clon the Wayang Script on Insas-PB and WC …
—-
Conartist Callvin n kon Stockraider had been Promoted Netx ( 1 of 46 Con stocks ) since 4Q 2019 until early 2021 ..
Can't say forum entirely useless despite Mike's relentless spamming. If not because you all curse Thong and insas till I shy to hold, I would not have sold alllll in the last run to 30 and up. Miraculously actually made money in this counter. We need more forums like that
Insas sold shares in Omesti to itself it looks like … more dodgy stuff from thong and Insas board. They focus only on themselves and don’t care about shareholders
Haha No corporate structure.. Sudden High Staff Expenses like more RM 20 million… High Other Operations Expenses per Quarter… Shl Stripping u slowly n softly …😅😅😅🤔
Ah Thong is such a kind hearted boss; he continues to keep Insas share price down so that more people gets to buy cheaply. Long life to such a kind boss.
We have entered into the second half of the year and Insas is still 26 sen off its peak in January. Ah Thong is so kind to keep price down for almost 6 months in order for more retailers to buy at super duper discount price. Buy next week at 1.09 or buy the warrants below 30 sen AND exercise them.
Recently the major shareholder of Eurospan made an Unconditional Mandatory General Offer at RM1.70. The offer closed last Friday. Today the Company announced a special dividend of 20 sen. I expect Thong to mirror this by first exercising sufficient warrants at 90 sen to cross 50% shareholding and launch an Unconditional Mandatory General Offer. As soon as the offer closed Insas would declare a special dividend of 35 sen to relieve Thong's personal financial burden.
Thong after exercising his warrants to cross 50% shareholding would increase total shares in issue beyond 900 million. Assuming an enlarged share capital of 1 billion shares, a special dividend of 35 sen would require payout of RM350 million and some cash is also required to redeem some preference shares. This is one reason why Insas is hoarding cash.
Upcoming rules will have to force SSH to have their yearly salary partially issues via dividend for those companies continuously 5 years with >35% cash in NTA type of company.
"Sslee > Who is the Cindy Kate TheContrarian mention about? By the way I am still waiting to collect Insas below RM1.00"
CindyKate, the illegitimate child of TheContrarian born yesterday? Just joking. Insas most likely will go below RM1 if a 15sen dividend declared..those holding Warrants will be jumping Not for joy. Haha, it is a Sunday joke..Happy Trading for coming week.
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
StartOfTheBull
7,605 posts
Posted by StartOfTheBull > 4 weeks ago | Report Abuse
Lee🐭 chasing the cat.