Insas earnings are ok otherwise how would they be LOADED with so much CASH. They are a very healthy company financially BUT I am saying if you are obsessed with erratic earnings you should not be because Insas is an ASSET play not n EARNINGS play, They are the kind of company somebody will offer $2 a share for tomorrow realizing then can then liquidate the company and sell off the assets for $4 a share kind of thing. Get it ? Insas is a very strong buyout candidate because the current share price does not even come close to representing its underlying value no matter what it's earnings are. Get it ?
The ringgit is likely to trade higher against the US dollar next week following the more upbeat outlook for stock markets, said dealers.
Affin Investment Bank vice president and head of retail research Dr Nazri Khan said local stocks would stage a solid rebound on Moody's upgrade of Malaysia's ratings and positive regional strength.
"Changing the face of Insas is crucial. The company is doing well. Its first-quarter results, which will be announced this week, will show that Insas is now a different animal and belongs to the tier-one stage,"
Big Boss put a Big block at 0.95 What do u think of it? Insas will fly once Big Boss remove de block! Fantastic Q1 result is just around de corner, be patient guys!
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iafx
4,632 posts
Posted by iafx > 2013-11-23 13:50 | Report Abuse
good q instead, as % holding vary, not viable to justify insas by simply looking at one branch.as a group, can checkout latest audited report