INSAS BHD

KLSE (MYR): INSAS (3379)

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Last Price

0.985

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

Trading Volume

0


44 people like this.

45,938 comment(s). Last comment by xiaoeh 1 hour ago

oregami

1,999 posts

Posted by oregami > 2015-01-22 09:51 | Report Abuse

Wat a sorrow ex eve....

Posted by Tey Tian Foo > 2015-01-22 10:19 | Report Abuse

Price probably won't change after ex.

Posted by Koay Yi Chuan > 2015-01-22 10:20 | Report Abuse

Inari's sorrow ex eve was met with joy. Insas will likely follow suit :p

jc138

2 posts

Posted by jc138 > 2015-01-22 12:21 | Report Abuse

how to subscribe? so far i did not receive any notification that i need to pay for the subscription...

Posted by okinvest > 2015-01-22 12:29 | Report Abuse

Can everyone tell me insas rps should be compulsory to subscribe? If unsubscribe, confirm just like mililia said mother insas price will not change on/after ex day? Still worth or not, is mother insas will drop on/after ex day if not subscribe rps or warrant? sorry for my confusion.

gweilo

1,086 posts

Posted by gweilo > 2015-01-22 13:16 | Report Abuse

If you dun want to take up you can sell your rights starting tomolo n oso make money.

Posted by okinvest > 2015-01-22 14:12 | Report Abuse

Mr gweilo, Is it today is the last day to subscribe rps? Are you mean if I don't have subscribe rps, better sell my mother insas share tomorrow, not today? If I choose to keep mother insas share with no issue rps today and tomorrow even is a year, then how and any suggestion give me?

oregami

1,999 posts

Posted by oregami > 2015-01-22 14:39 | Report Abuse

May i answer on behalf of gweilo? The ex date is tomorrow. After the ex date there will be 2weeks trading period for the OR ( right to subscribe). If u dun wish to subscribe u can sell. If u dun sell they'll send u a subscribtion form. Fill in the form & send your bankdraft to the registrar. U are entitled 2 free warrants. If u dun send the form & money, the your OR expires. Whether u subscribe or not your mother shares remain unchanged. Hope i answered your question :))

KJ Cheah

558 posts

Posted by KJ Cheah > 2015-01-22 14:41 | Report Abuse

somehow the mother shares will drop right?

oregami

1,999 posts

Posted by oregami > 2015-01-22 14:44 | Report Abuse

Some ppl argue tat if dun subscribe the free warrants will eat into our mother shares causing dilution. gweilo argued tat financial engineering effects like share buy back can offset the dillution. Ya. In long term it'll. Anyway, Insas is a dollar selling @ 50sen. Why on earth u care about dilution? To avoid confusion, dilution means value is diluted, not share price!

oregami

1,999 posts

Posted by oregami > 2015-01-22 14:51 | Report Abuse

Asset based investment is always "cool" compared to earning based one. The market sentiment is turning good. It'll heat up Insas. Buying a dollar with 50sen couldn't be wrong!

JayC

1,302 posts

Posted by JayC > 2015-01-22 14:56 | Report Abuse

i can sense something is cooking. MPI is up by almost 5% today. INARI is down. INSAS in unchanged.
After tomorrow, assuming , Inari follows MPI, up 5%, INSAS will also follow INARI up.
Conclusing is to BUY x 1000000!

Posted by okinvest > 2015-01-22 15:08 | Report Abuse

Mr oregami, you were quite enthusiastic. appreciate it.

Posted by ChinKeng Lee > 2015-01-22 15:14 | Report Abuse

just awhile for awhile and it shot..no luck no luck ..

imoogi99

1,640 posts

Posted by imoogi99 > 2015-01-22 15:15 | Report Abuse

Some corrections of the above statement.

22/01/2015 - Today is the last day for you to get the mother to have the rights.
23/01/2015 - Insas goes ex...but rights entitlement still not in your account and you cant trade.
28/01/2015 - Trading of your rights entitlement (OR). It will be in your account on this day.
05/02/2015 - Last day you can trade your OR. If dont trade then you need to subscribe to the RPS...if you dont subscribe, you dont get anything and your OR expire on 06/02/2015.
03/03/2015- List your rights shares (if you subscribe to it).

oregami

1,999 posts

Posted by oregami > 2015-01-22 15:19 | Report Abuse

imoogi99. Thanks for the further clarification. By the way, seems like the "final push" is going on!

GweiKi

61 posts

Posted by GweiKi > 2015-01-22 15:37 | Report Abuse

huat.... ha ha ha huii!!! huii!!! huii!!!

oregami

1,999 posts

Posted by oregami > 2015-01-22 16:01 | Report Abuse

Traders waiting upstream...

Andre Kua

420 posts

Posted by Andre Kua > 2015-01-22 16:03 | Report Abuse

Waiting for the subscription form... and then keep in fridge for a year or two...

Posted by okinvest > 2015-01-22 16:04 | Report Abuse

Mr imoogi99, if I buy 1000 shares today, so 28/1/2015 I have 1000 OR in account? 05/02/2015 is last day trade my OR, If don't "trade" then you need to subscribe to the RPS?? what means "trade", is buy or sell? when 06/02/2015 OR expired, don't subscribe, then don't get 1 rps and 2 wa, but 1000 mother shares still remain can sell anytime, am i right?

huat888

514 posts

Posted by huat888 > 2015-01-22 16:10 | Report Abuse

no, 1 for5.u get 200OR

Posted by okinvest > 2015-01-22 16:36 | Report Abuse

Mr huat888, let's say if have 1100 shares = 220 OR (20 OR is odd), only today can buy more 400 shares + before 1100 shares= 300 OR? am i right?

imoogi99

1,640 posts

Posted by imoogi99 > 2015-01-22 16:37 | Report Abuse

if you 1000 insas shares today, you get 1000/5=200 OR. Then you can trade your OR from the 28/01/2015 till 05/02/2015. If you want to subscribe to the RPS, then you must keep your OR and you need to made payment of RM200 by 23/02/2015. If you dont pay by them, everything is gone.

huat888

514 posts

Posted by huat888 > 2015-01-22 16:48 | Report Abuse

what is warrant exercise price?

Posted by okinvest > 2015-01-22 16:50 | Report Abuse

Mr imoogi99, appreciate it. thanks.

imoogi99

1,640 posts

Posted by imoogi99 > 2015-01-22 16:57 | Report Abuse

okinvest....dont mention. Oh yes, your 1000 insas will still be there and can sell anytime. If you dont pay RM200 for your RPS, you will not get the free warrant too. Exercise price for warrant will be RM1.

huat888

514 posts

Posted by huat888 > 2015-01-22 17:00 | Report Abuse

imoogi99 , thanks for the conversion price info

huat888

514 posts

Posted by huat888 > 2015-01-22 17:03 | Report Abuse

what is Insas expected adjusted price tmr?

Sean

741 posts

Posted by Sean > 2015-01-22 17:43 | Report Abuse

0.895 during ex but is for dividen only :P

EX Date Payment Date Amount Indicator
Jan 23, 15 Feb 25, 15 0.0100 Currency

beso

2,137 posts

Posted by beso > 2015-01-22 19:10 | Report Abuse

expect ex price to be 0.895

ling12

3 posts

Posted by ling12 > 2015-01-23 01:00 | Report Abuse

28th can start trading free warrant without paying any money till 5th Feb?

Andre Kua

420 posts

Posted by Andre Kua > 2015-01-23 08:25 | Report Abuse

I wonder if Dato will push the RPS price down to lock everyone on board for 5 years. Nobody would want RPS although it pays 4cents each year. At the end of the day, no matter how much Insas would be, it is still worth RM1 only. If you believe Insas is worth RM1.80 or RM2, you would want to buy Insas instead of RPS.

oregami

1,999 posts

Posted by oregami > 2015-01-23 08:34 | Report Abuse

Why u still can't get it, Abdre Hua? The most attractive part is the RPS can be used to ex warrant any time. No need to wait for 5yrs. While waiting for your favorable warrant ex timming, the RPS can generate interest.

essim

64 posts

Posted by essim > 2015-01-23 08:37 | Report Abuse

RPS can trade?

oregami

1,999 posts

Posted by oregami > 2015-01-23 08:53 | Report Abuse

The function of RPS:
1. Trading in open market
2. To ex warrant anytime
3. To generate interest
It doesn't matter how much the RPS is traded (many worry bellow $1). It's value remains unchanged because it can be used to ex warrant.

oregami

1,999 posts

Posted by oregami > 2015-01-23 09:10 | Report Abuse

Everybody sells after getting the OR. LOL.

imoogi99

1,640 posts

Posted by imoogi99 > 2015-01-23 09:18 | Report Abuse

See Inari-OR....despite need to cough out RM1.50 for the rights, people still buying at RM2.15-2.30.

talktong

12 posts

Posted by talktong > 2015-01-23 09:45 | Report Abuse

Hi,OREGAMI,there is big posibility with current mother share price 0.86 & if warrant need RM1 to convert to mother share,i think with RM1, sure enoght to buy 3 warrant!?

Andre Kua

420 posts

Posted by Andre Kua > 2015-01-23 09:56 | Report Abuse

Inari has growth, Insas has? Stingy dato...

Andre Kua

420 posts

Posted by Andre Kua > 2015-01-23 09:57 | Report Abuse

Some people prefer to buy expensive, inline with our government. 8x don't want, 1xx only buy.

imoogi99

1,640 posts

Posted by imoogi99 > 2015-01-23 10:09 | Report Abuse

So Insas-OR at 1.50...1.80....2.00...2.50? Premium price.....Lol!

oregami

1,999 posts

Posted by oregami > 2015-01-23 10:12 | Report Abuse

We can't do too much prediction. Lets see if u can buy 3warrants @ $1 latter. If we can predict so precisely we dun need to talk "C" here. We r all very rich man. Right, Mr. Andre Kua?

imoogi99

1,640 posts

Posted by imoogi99 > 2015-01-23 10:23 | Report Abuse

You're right oregami....cant do much prediction with the market...a lot of factors involve. See now fbmklci break 1800. When at 1700, a lot of doomer predict to go to 1600 or even 1400....so cant predict the market...what we can do is follow the flow.

oregami

1,999 posts

Posted by oregami > 2015-01-23 10:28 | Report Abuse

I still remember those who sold all their shares, holding cash & spreading domesday story in all forums. Some even fully loaded with put warrants. Who can predict it just turned around suddenly? George Soros? I dun have tat kind of talent. So I buy under-valued stuffs lor. In my humble opinion Insas is under-valued.

Posted by Tey Tian Foo > 2015-01-23 10:49 | Report Abuse

Insas is undervalue but RPS is not prefer by majority because it is more like fix deposit.

Posted by okinvest > 2015-01-23 10:56 | Report Abuse

eh, open price is 0.895? yesterday closed at 0.905. but now...

Sean

741 posts

Posted by Sean > 2015-01-23 11:00 | Report Abuse

sorry okinvest... cant predict the share market :( ... all get OR d... dont want mother... but, i think this price is so cheap now

Kitty28

3,354 posts

Posted by Kitty28 > 2015-01-23 11:18 | Report Abuse

What happened for those who bought insas today at lower price?

JayC

1,302 posts

Posted by JayC > 2015-01-23 11:39 | Report Abuse

can someone provide calculation of the ex date after yesterday close price of 0.905?

oregami

1,999 posts

Posted by oregami > 2015-01-23 11:44 | Report Abuse

Those sold today will pocket some capital gain. The OR & warrants are considered free investment. They can buy back cheaper latter. Good move!

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