Should base on fundamental, prospects, price moving trend n financial reports instead of technical analysis... minor profit take a good n the upward trend will continue. ?
I don't expect Dec qtr results to be better than Sept qtr because there wad no disposal of Inari shares and Inari shares are treated as Associated Company in Insas accounts and not marked to market, therefore unrealized gains on investment is not reflected.
alooloo, no master. I read an article on Feng Shui forecast on the stock market somewhere before CNY but can't recall where. Possibly in Star Biz or Sun or Edge.
the guys controlling this company is pushing down the share prices hoping they can steal the company for a song and make all minorities shareholders pay for their riches.. those guys are too greedy. How much is enough for a guy to live luxuriously for the rest of their lives? Greed is a tragedy.. this is just to remind them... we all should go for companies like Pmetal KLK IOI Digi Hapseng they build and grow the company to benefit every shareholders.
I have make a small fortune in Pmetal and still think the company can grow/glow. But FA and TA/price dont match for me to take risk after all the bonus and split, unlike insas. Just IMHO.
Hope 1st quarter 2017 result is excellent due to heavy trading volume of Klse, Insas will benefit due to it's securities company arm, 10th anniversary of Apple to boost production of inari n if any disposal gain of inari share in multi year high of anari share price...
Despite no disposal in 4th quarter 2016, inari share price has surged about 20% to all time high in 1st quarter 2017 if compared to 4th quarter 2016. As such, additional 20% gain in value added for Insas in 1st quarter 2017. just a matter of 1 quarter only!
22.8% shareholding of insas in Inari is about Rm810 million. N Insas has around Rm500 milion unrealised gain out of Rm810 millions market value, or more?
I estimate the unrealised gain should be at least Rm600 million. Insas stop disposing Inari shares mainly due to good prospects of Inari, potential further surging of Inari Share...
kyy is not buying undervalue stock. his stretagy is to buy stock with significant profit growth in recent q. and dispose it when there is little growth. Like in gadang.
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Posted by Tan Cheng Poh > 2017-02-06 21:48 | Report Abuse
Rooster year is Insas year