Posted by VenFx > 2017-02-02 20:35 | Report Abuse

From my very personally experience, I seldom make big money from a Holding company even though the subsidiary or associated company has been the great performer .

Posted by Fabien Extraordinaire > 2017-02-02 20:35 | Report Abuse

net net working capital/share is 1.44. And that is based on BV of all its investments. If they realised their holdings of Inari is already worth more than RM1/share (net gain!), not to mention their other investments in Ho Hup, Omesti, SYF Resources, investment properties, unlisted securities etc etc

Posted by TheContrarian > 2017-02-02 20:37 | Report Abuse

Insas appeared jinxed in the year of the monkey.

Posted by VenFx > 2017-02-02 20:38 | Report Abuse

Anyway, I feel very comfortable to entry at this level.

Posted by TheContrarian > 2017-02-02 20:39 | Report Abuse

Insas has been mentioned as very undervalued in latest copy of Focus as mentioned by BLee in comments above.

Posted by TheContrarian > 2017-02-02 20:41 | Report Abuse

Also QR due this month and Insas might surprise us with a second interim dividend.

Posted by TheContrarian > 2017-02-02 20:47 | Report Abuse

Made money from disposal of Inari shares.

Posted by VenFx > 2017-02-02 20:51 | Report Abuse

Thanks to TheContrarian for your insightful info.

Posted by 稻田·* 粒粒芳香 > 2017-02-02 21:02 | Report Abuse

Humble note Insas rise not becoz of Inari.

Posted by paperplane2016 > 2017-02-02 21:02 | Report Abuse

This stock macambjcorp......
The boss is previous manager of bjcorp....vt punts good friend. Suddenly run up crazy one day. Macam bjcorp

Posted by 稻田·* 粒粒芳香 > 2017-02-02 21:05 | Report Abuse

Kekekw paper plane.

Posted by paperplane2016 > 2017-02-02 21:07 | Report Abuse

Yes?

Posted by paperplane2016 > 2017-02-02 21:08 | Report Abuse

Sometimes, wb very weird. Mother up, wb down...sometime another way....very weird this stock. So last two yr I decided throw all and stand aside. I start monitoring since 0.94. Dare not move at all. Later trap Macam bjcorp at 0.40 level, cry also no use...

Posted by 稻田·* 粒粒芳香 > 2017-02-02 21:11 | Report Abuse

Not bad. Really apply Who U Know while many still dying for What We Know

Posted by paperplane2016 > 2017-02-02 21:13 | Report Abuse

Lucky bjcorp climb back to 0.40 now. If not my wife ask me continue sleep outside, very stress u know. Kekeke

Posted by paperplane2016 > 2017-02-02 21:19 | Report Abuse

The pavilion Bukit jalil....

Posted by JN88 > 2017-02-02 21:26 | Report Abuse

Conclusion: this counter kantoi ...do not play play v the BB...

Posted by 稻田·* 粒粒芳香 > 2017-02-02 21:28 | Report Abuse

Tipu la paper plane.

U make a lot money.

Posted by paperplane2016 > 2017-02-02 21:50 | Report Abuse

No la. Me poor guy, go pasar malam makan char kuey tiow only.

Posted by paperplane2016 > 2017-02-02 22:02 | Report Abuse

http://www.intellecpoint.com/2013/07/is-it-not-most-undervalued-stock.html

Posted by paperplane2016 > 2017-02-02 22:02 | Report Abuse

http://www.intellecpoint.com/search/label/Insas

Posted by 稻田·* 粒粒芳香 > 2017-02-02 22:04 | Report Abuse

U fund manager ma. I sweep floor only..

Luckily Econsave can heard ppl wan to goreng wat stock in advance.

Posted by TheContrarian > 2017-02-02 22:05 | Report Abuse

In quarter ended 30/9/16 Insas sold 16.5 million Inari shares for around RM3.30 each receiving total proceeds of around RM54 million, making huge gains because the original cost of investment was very low. As at today Insas holds 402,411,300 shares in Inari representing 20.7%o of the rital shares of Inari. How much is Inari shares today?

Posted by 稻田·* 粒粒芳香 > 2017-02-02 22:10 | Report Abuse

Can INSAS Hit RM1.40 by mid of August?

Posted by TheContrarian > 2017-02-02 22:11 | Report Abuse

Insas ownership of Inari shares is worth RM712 million. Insas number of shares 662 million.

Posted by VenFx > 2017-02-02 22:17 | Report Abuse

$1.40 money money come.

Posted by 稻田·* 粒粒芳香 > 2017-02-02 22:20 | Report Abuse

I ask only. I blindly ask only.. I dunno

Posted by TheContrarian > 2017-02-02 22:22 | Report Abuse

If a bull run materialize from April to August many counters gonna hit high for the year.

Posted by 稻田·* 粒粒芳香 > 2017-02-02 22:22 | Report Abuse

Hahaha
INSAS share price up nothing to do with INARi la bro.

Inari has been doing constantly... Why only this 2 weeks got action ?

I dun wan comment too much since I m drop by only

Posted by TheContrarian > 2017-02-02 22:26 | Report Abuse

If Inari share price drops EPF will be biggest loser, we all who have money in EPF lose.

Posted by TheContrarian > 2017-02-02 22:29 | Report Abuse

If not for Inari I wouldn't have invested in Insas in the first place.

Posted by TheContrarian > 2017-02-02 22:32 | Report Abuse

For the past year Inari share price kept moving up due to aggressive accumulation by EPF and KWAP but Insas didn't follow. Insas was jinxed in the year of the monkey.

Posted by kamkuan84 > 2017-02-03 10:25 | Report Abuse

Hi all sifu! Should we buy insas in this current price, 0.86?

Posted by TheContrarian > 2017-02-03 10:38 | Report Abuse

Many people bought Insas above 90 sen in 2015 and got stuck. So there are a lot of stale bulls who might want to sell.

Posted by pjtang13 > 2017-02-03 11:26 | Report Abuse

For those who read Chinese, pls see the excellent comment on INARI in this link - http://klse.i3investor.com/blogs/kianweiaritcles/115053.jsp. Surely INSAS will benefit too!!

Posted by Andre Kua > 2017-02-03 11:36 | Report Abuse

I first bought at 94c then sold at 118c. Bought at 121c and stuck since. The WB gave me 40c back and lower average holding cost around 101c. I dont really care anymore since there's little bit of divvy from mothershare and RI every now and then. I probably breakeven soon. Since I hold it for so long, I dont really look forward to sell them anymore. Probably will think when it reach RM2.

One thing though, Insas has pare down its Inari holdings slowly but money nowhere to be seen. This may be something to look out for.

Posted by TheContrarian > 2017-02-03 13:27 | Report Abuse

The last time Insas sold some Inari shares was in September last year. No sale since. Those people who had bought Insas at high price should have averaged down last year when it was trading below 70 sen. It was too cheap to ignore then.

Posted by lloydlim > 2017-02-03 13:32 | Report Abuse

At least worth 1.00 per share

Posted by BLee > 2017-02-03 14:38 | Report Abuse

I remember someone says Insas will buy back at around 0.8x, can explain why 0.8x and not 0.6x or 0.7x? Now is the support level if start buy back? max of only 10% per year? I thought any value below Rm1 is advantagious for share cancellation? Please share for huat together.

Posted by TheContrarian > 2017-02-03 16:37 | Report Abuse

That question should have been put to the directors during AGM.

Posted by TheContrarian > 2017-02-03 16:42 | Report Abuse

I have been saying the directors don't do anything to enhance the market price. Give only miserable 1 sen dividend. Imagine if they had declared 5 sen interim dividend which they could since last quarter earnings was 8 sen per share.

Posted by 稻田·* 粒粒芳香 > 2017-02-03 16:49 | Report Abuse

Take it easy TheContrarian,

after down will up similar to after down will up.............

Posted by Davidl > 2017-02-03 17:07 | Report Abuse

Be patience guys, this stock could shoot up anytime!

Posted by kamkuan84 > 2017-02-03 17:28 | Report Abuse

insas today was not as active as last two days. stage the same value in closing

Posted by TheContrarian > 2017-02-04 19:19 | Report Abuse

Friday's volume is still higher than the average daily volume for the past 4 weeks.

Posted by kingcobra > 2017-02-06 10:32 | Report Abuse

TAKE PROFIT FIRST...

Posted by tftey > 2017-02-06 12:02 | Report Abuse

Warrant is better bet in view of the "Bull" trend building up now.

Posted by Stockrider > 2017-02-06 17:24 | Report Abuse

this stock always trap people.. under under value for many years ! be careful Holland

Posted by lscplzlh > 2017-02-06 17:48 | Report Abuse

just break 1 year high..more to come.

Posted by TheContrarian > 2017-02-06 18:14 | Report Abuse

Actually since the first day of the year of the rooster, almost every day was a new one year high.