Further strengthening of the USD benefits Inari which is a net exporter in USD (90%/70% of its revenue/COGS in USD) - every 1% change in the MYR/USD is a 2.3% change to earnings....... With Insas large stake in Inari, quite difficult to understand why share price of Insas is depressed until now..............
Go for iris bhd better than insas. Iris BHD monopolized TRS project for 5 year. Revenue guarantee 25 million per quarter. Now still cheap only 0.315 Iris boss Target Rm1 near term. Good buy
Latest qtr EPS only 1.02. Insas is not all about Inari. Perhaps other division is losing money hence the poor performance. Insas dividend only 1sen better place FD.
Posted by truthseeker1 > Mar 13, 2015 04:05 AM | Report Abuse
Latest qtr EPS only 1.02. Insas is not all about Inari. Perhaps other division is losing money hence the poor performance. Insas dividend only 1sen better place FD.
This is a basement-level thinking, very shallow.
1) When Insas's latest trailing twelve month EPS is 14.1 sen, and average 11.2 sen for the last 5 years, he harps about one quarter EPS of 1.0 sen.
2) Just Inari market value attributed to Insas shareholders alone, it is higher than the market cap of the whole of Insas, (and Insas has a few hundred million worth of other assets). And Inari is not significant for Insas?
3) Which division (s) is losing money,and how significant is that? Basement level thinking always use "perhaps" without nothing to substantiate.
4)Poor performance? of what?
5) Is dividend the only thing in investment? What if I own a big bungalow in say Bangsar with market value of RM10m, and I rent it out for RM10k a month (like dividend), or 120k a year, does it mean because of its poor earnings, it should only worth RM1.2m?
Someone should come in and buyout Insas at RM1. With that....pay RM693mil for Insas and get RM633mil worth of Inari, Inari-WB, Inari-PA, hohup, cash and some other assets.
Ini semua permainan yang dicatur serta direncana burung Thong. Malam semalam saya dan teman-teman dah buat solat hajat, pohon di lembutkan hati Burung Thong yang sudah keras macam batu kelikir.
Don"t argue . Insas is a very potential company . Good future n just buy and keep until year end. You will be surprise especialy warrant. At least 50 % profit.
Well, investing requires takes time and patience, it is not about i buy today i sell tomorrow. If want fast and depend on luck, is better to go casino.
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Posted by lkloke > 2015-03-12 09:40 | Report Abuse
Sent out on 10th instant, confirmed by Sharework. 15 working days after closing date.