INSAS BHD

KLSE (MYR): INSAS (3379)

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Last Price

0.99

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

Trading Volume

0


44 people like this.

45,931 comment(s). Last comment by Tatooine 17 hours ago

Posted by greatfunds > 2016-11-22 11:51 | Report Abuse

Write a comment.. investing in Nestlé 1975 ? Unless it's the Nestlé in Switzerland. Malaysia Nestlé had its IPO the third quarter 1989

Eukansoft

29 posts

Posted by Eukansoft > 2016-11-22 20:05 | Report Abuse

@greatfunds. He was a Nestle's distributer before Nestle's shares were listed. Nestle just converted his purchase deposit into shares at par with a lien on them.

kny123

232 posts

Posted by kny123 > 2016-11-23 09:52 | Report Abuse

wow what happen, why can fly ? ...

kevin5059

933 posts

Posted by kevin5059 > 2016-11-23 09:57 | Report Abuse

Inari announce bonus issue... Insas will ride on top of the wave. Buy before it is too late. Huge bonus for inari.

kny123

232 posts

Posted by kny123 > 2016-11-23 10:06 | Report Abuse

later insas QR not good, then drop back -.-

beso

2,137 posts

Posted by beso > 2016-11-23 10:20 | Report Abuse

this useless counter sure drop back once touching 0.75

AbbyTan

71 posts

Posted by AbbyTan > 2016-11-23 10:21 | Report Abuse

Hahahah

BLee

868 posts

Posted by BLee > 2016-11-23 10:50 | Report Abuse

@beso is right on drop back not even reach 0.75, useless is yet to be seen..3 previous QR ok..

kingcobra

2,772 posts

Posted by kingcobra > 2016-11-23 11:58 | Report Abuse

2moRRow D Day! make or break it!

kevin5059

933 posts

Posted by kevin5059 > 2016-11-23 14:19 | Report Abuse

Is time for Insas to announce their BONUS too. Haha.

TheContrarian

9,260 posts

Posted by TheContrarian > 2016-11-23 16:07 | Report Abuse

Insas AGM is tomorrow. Anyone going?

ivan9511

3,854 posts

Posted by ivan9511 > 2016-11-23 16:12 | Report Abuse

this thecontrasian really a master of bursa , I see his invest in Malton and Insas all fly , should learn more from you sifu
hope you dont mind I cuci your shoes
just a joke
anyway you are really good and maybe is the best so far I see

TheContrarian

9,260 posts

Posted by TheContrarian > 2016-11-23 17:16 | Report Abuse

Malton didn't fly, it went up slowly. Insas also haven't flown. Insas very undervalued but have very weak shareholders. Up a bit they start to sell.

Angielim9955

2,049 posts

Posted by Angielim9955 > 2016-11-23 19:34 | Report Abuse

I also dun understand why insas earn so much but every year just give 1% divdend ,
so stimgy

TheContrarian

9,260 posts

Posted by TheContrarian > 2016-11-23 19:37 | Report Abuse

That's why at tomorrow's AGM shareholders should bring up the matter of lack of reasonable dividend.

3101575000

558 posts

Posted by 3101575000 > 2016-11-23 19:37 | Report Abuse

qr result released :EXCELLENT

TheContrarian

9,260 posts

Posted by TheContrarian > 2016-11-23 19:44 | Report Abuse

Excellent also may not go up much because weak shareholders.

TheContrarian

9,260 posts

Posted by TheContrarian > 2016-11-23 19:47 | Report Abuse

Made 8 sen in first quarter but dividend only 1 sen.

limweebeng

289 posts

Posted by limweebeng > 2016-11-23 20:33 | Report Abuse

Refer to ther qr report, insas has a lot of foreign loan. Like US dollar, hong kong dollar and Singapore dollar.

pantor

334 posts

Posted by pantor > 2016-11-23 21:09 | Report Abuse

With eps 8.84 sen, Insas is a super strong buy. Buy before the price shoots up!

Angielim9955

2,049 posts

Posted by Angielim9955 > 2016-11-23 21:14 | Report Abuse

ya agreed all
but anyway share sure will up la because the qr too beautiful
no doubt is uptrend la
congraulations team

TheContrarian

9,260 posts

Posted by TheContrarian > 2016-11-23 21:26 | Report Abuse

I hope it can breach 80 sen but I feel not likely.

slee

587 posts

Posted by slee > 2016-11-23 22:17 | Report Abuse

May break 0.75 by current EPS 8.84...

Posted by bonescythe > 2016-11-23 22:40 | Report Abuse

Boom la!!!

lloydlim

3,967 posts

Posted by lloydlim > 2016-11-23 23:25 | Report Abuse

Possible to breakthrough 0.80 tomorrow!

VenFx

14,784 posts

Posted by VenFx > 2016-11-23 23:37 | Report Abuse

Wow, insas the darling again.

beso

2,137 posts

Posted by beso > 2016-11-24 08:13 | Report Abuse

extraordinary item profit revenue dropped so much nothing good

kingcobra

2,772 posts

Posted by kingcobra > 2016-11-24 09:56 | Report Abuse

touching 0.750....down again...agree with TheContrarian the shareholders are damn weak n kiasu!

beso

2,137 posts

Posted by beso > 2016-11-24 09:56 | Report Abuse

see, as i said once touching 0.75 or even 0.74 it will drop back

Posted by sohaitrader > 2016-11-24 10:11 | Report Abuse

no nid to see also noe 0.75 is resistance .. = =

Posted by Yong Chian Haw > 2016-11-24 10:50 | Report Abuse

does Insas-PA entitle for the 1sen interim dividend?

beso

2,137 posts

Posted by beso > 2016-11-24 10:51 | Report Abuse

no entitlement for pa

TheContrarian

9,260 posts

Posted by TheContrarian > 2016-11-24 11:36 | Report Abuse

Insas-PA is paid 4 sen dividend per annum, half-yearly.

TheContrarian

9,260 posts

Posted by TheContrarian > 2016-11-24 12:26 | Report Abuse

Anyone attended AGM?

kingcobra

2,772 posts

Posted by kingcobra > 2016-11-24 15:31 | Report Abuse

pity those chasing WB this morning at 0.190-0.195...no power together with mother....

wbwanabe

223 posts

Posted by wbwanabe > 2016-11-24 15:41 | Report Abuse

Here's what i gathered fr Insas AGM this morning.
Future direction :
- Tesla electric vehicle

wbwanabe

223 posts

Posted by wbwanabe > 2016-11-24 15:56 | Report Abuse

sorry accidentally pressed n send...
Insas future direction:-
- Tesla electric vehicle
- Fin tech (ventured in 2012, so not much results as yet)
- Bio tech (some work in progress, not the time to announce yet)

Impression fr the AGM- only word I can think of is ambivalent. Many Sh brought out the pittance dividends paid even though company has the cash to give out. BOD is of the opinion that the available cash of 200mil can be better spend for future needs/ expansion. Due to current worldwide economic uncertainties, BOD said this cash will give them better negotiation power should opportunity arise. In other word, Cash is King. Insas "seems" to have the potential for growth but a number of their undertakings are a hit and miss kind of things. So very hard to make out whether this company is hold or sell for now. One of the Executive directors I thought is worth his salt is Dato Dr Tan Seng Chuan who is heading the IT division. He is also the ex VChairman of Inari.

kny123

232 posts

Posted by kny123 > 2016-11-24 16:08 | Report Abuse

thx

leno

6,156 posts

Posted by leno > 2016-11-24 16:25 | Report Abuse

Thank you for your agm update ... insas is a very able company ... everything thing insas touch ... has turn into gold.

Skliew

1,201 posts

Posted by Skliew > 2016-11-24 17:25 | Report Abuse

The success in Inari speaks volumes of the abilities and far sightedness of the BOD. But the share price performance is pathetic. The market value of the holding of Insas in Inari exceeds Insas market capitalization. :)

TheContrarian

9,260 posts

Posted by TheContrarian > 2016-11-24 23:15 | Report Abuse

Number of shares 660 million? 1% dividend only amount to RM6.6 million. Can't Insas pay, say 3 sen which amount to less than RM20 million?

Skliew

1,201 posts

Posted by Skliew > 2016-11-25 10:43 | Report Abuse

The meagre dividend payment, I think, is the reason for the pathetic performance in share price. By paying good dividends, the company could easily raise capital from the capital market with rights issues. This however will also dig into the pockets of the major shareholders....

Skliew

1,201 posts

Posted by Skliew > 2016-11-25 10:47 | Report Abuse

Shareholders would welcome rights issue if the management has proven that their investments are viable and lucrative and in the interests of the shareholders. By not paying good dividends is akin to not paying the staffs well and expect them to contribute to the company whole heartedly. I hope the BOD could read this. :)

TheContrarian

9,260 posts

Posted by TheContrarian > 2016-11-25 12:19 | Report Abuse

Very much agree with you, Skliew.

Skliew

1,201 posts

Posted by Skliew > 2016-11-25 13:24 | Report Abuse

Total Directors annual remuneration is about Rm5.5millions. With a dividend of 1 Sen per share, all the shareholders combine only receive RM6.63millions. Maybe the BOD could cut their remuneration bu 60% and save RM3.3millions and pay an extra 0.5 Sen dividend per share to the shareholders. THE BOD should agree with this and this will make both the shareholders happier and conserve cash for the company! HAHAHA! :)

beso

2,137 posts

Posted by beso > 2016-11-25 13:29 | Report Abuse

as i said useless counter sure drop

Skliew

1,201 posts

Posted by Skliew > 2016-11-25 15:13 | Report Abuse

Value Trap!

Angielim9955

2,049 posts

Posted by Angielim9955 > 2016-11-25 19:16 | Report Abuse

Skliew and TheContrarian opinion also very agreed by me
but Sk better dun ask us right issue , Nowadyas ask right issue hundred percent will drop , no matter how good the company is , sure drop if ask RI you see L&G

and TheContrarian I need ask a question can help me please and appreciate first
,do you know why some comapny keep making loss but they increase their dividend pay , I mean recently making huge loss but can pay high dividend , Example got two in my hand
: CCM and JCY
CCM now big loss until EPS (cent) : -16.09 , however ccm dividned pay increase and very high
JCY non-stop qr net loss EPS (cent) : -0.40 but still pay very high dividend


TheContrarian , you got more experince than me , do you know this is a healthy sign or want to trap us by giving out high dividen d ?

TheContrarian

9,260 posts

Posted by TheContrarian > 2016-11-25 19:42 | Report Abuse

Those companies have retained profits from earlier years. They are paying dividends out from retained profits brought forward from previous year.

Angielim9955

2,049 posts

Posted by Angielim9955 > 2016-11-26 17:12 | Report Abuse

TheContrarian , thanks undersatnd , same as Parkson even lost money also able to give us bonus everyyear
So TheContrarian Can I consider Parkson is a Cash rich company ?

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