Posted by char1234 > 2017-02-16 09:59 | Report Abuse

its a good share....

Posted by alooloo > 2017-02-16 10:03 | Report Abuse

Got a gut feeling that they will release treasury stock as dividend. This happen in INSAS history before...if i remember correctly, INSAS do have around 5% of treasury stock 2 years ago. Or did it release already? Didn't follow this stock for last 2 years.

Posted by char1234 > 2017-02-16 10:08 | Report Abuse

im not sure abt this...sorry

Posted by TheContrarian > 2017-02-16 12:28 | Report Abuse

Don't put all your eggs into one basket. Diversify. There are many other undervalued counters. Each moves at their time. Timing is very important to maximize gains.

Posted by lloydlim > 2017-02-16 12:32 | Report Abuse

Wellsay TheContrarian, u guys may hv a look at Comcorp & Ocncash, new high in de making.

Posted by ivan9511 > 2017-02-16 12:42 | Report Abuse

lloy,as i understanding ,TheContrarian never buy high price stocks,
when comcorp at bottom or undervaLUED then only will sifu thecontr buy
the contr is seeing bottom or undervalued .

Posted by TheContrarian > 2017-02-16 13:04 | Report Abuse

Hey ivan9511, I bought Parkson @ 63 sen and Tropicana @ RM1 recently.

Posted by paperplane2016 > 2017-02-16 13:06 | Report Abuse

Parkson? really selling

Posted by TheContrarian > 2017-02-16 13:10 | Report Abuse

Parkson has already reached the bottom. Calvin can explain in length.

Posted by TheContrarian > 2017-02-16 13:12 | Report Abuse

I had Oceancash a long, long time ago. Haven't followed since I sold.

Posted by ivan9511 > 2017-02-16 13:19 | Report Abuse

I find out sidu the contra seem mostly buy iis property stocks.
do you feel property will good in future ?

Posted by TheContrarian > 2017-02-16 13:24 | Report Abuse

No lah, I am quite spread out, previously I had Malton as my sole property counter and when I sold off all my Malton, I bought a bit of OSK and Tropicana, the latter because you brought it up in discussion. I have bank stock in Affin-CV, construction in Cresbld, penny stock in PUC etc.

Posted by TheContrarian > 2017-02-16 13:27 | Report Abuse

A few property counters shot up recently like Malton and KSL. Others like OSK and Tropicana are selling at deep discount. So, there's value in some. OSK also owns about 10% of RHB.

Posted by linges > 2017-02-16 13:28 | Report Abuse

@TheContrarian...at what price u disposed Malton?
I think u remember me who sold Malton to early at 69c...anyway managed to pocket 10% profit

Posted by TheContrarian > 2017-02-16 13:31 | Report Abuse

I had a lot of Malton, so I sold at 74.5 first, then 76.5 and finally at 84.5. Also received 2.5 sen dividend.

Posted by linges > 2017-02-16 13:35 | Report Abuse

U r great bro..i missed the div and second and third wave..anyway happy with what i earned in Malton :))

For 2017, i picked Comfort, Padini, WCT and Astro..let see..and u r right in 2017 all undervalued stock disappeared..ha ha

Posted by linges > 2017-02-16 13:37 | Report Abuse

Insas and Ekovest still monitoring..

Posted by TheContrarian > 2017-02-16 13:38 | Report Abuse

linges, you sold at a time when market was different and Malton was rather flat. No one expected Malton to suddenly shoot up. We can't predict the syndicates.

Posted by linges > 2017-02-16 13:45 | Report Abuse

Yeah u r right...normally I exit once reach 10% gain..that y I made a call that time..even though div ex-date was very close...

Posted by alooloo > 2017-02-16 14:32 | Report Abuse

Take a quick look at Parkson. Guess it is great for trading. But high risk for invest. The way it run, probably will continue see cash burning and force them to sell assets. Insas better....

Posted by TheContrarian > 2017-02-16 14:34 | Report Abuse

To me 10% is way too low to exit. I usually set a 30% gain target for laggards.

Posted by TheContrarian > 2017-02-16 14:57 | Report Abuse

Parkson's HK listed subsidiary received estimated RM1 billion cash last month from the completion of its disposal of a China subsidiary. Gain attributable to Parkson is around RM300 million which translates into 29 sen per share. I figure at 63 sen Parkson wasn't expensive.

Posted by alooloo > 2017-02-16 15:27 | Report Abuse

@ TheContrarian, it is selling asset to fill hole. If you look at the current liability number, it is way bigger hole there. I didn't go into details, but if really want to understand, it is better to understand if their liabilities are in USD. O&G company that go burst and can't refinance, mostly service their debt in USD while earning money in local market.

Posted by TheContrarian > 2017-02-16 15:31 | Report Abuse

Insas diving suddenly.

Posted by traderman > 2017-02-16 15:32 | Report Abuse

break support 0.855 ... buy back 80 cent

Posted by linges > 2017-02-16 15:33 | Report Abuse

Tempted to in...

Posted by TheContrarian > 2017-02-16 15:35 | Report Abuse

linges, only if you don't play contra.

Posted by linges > 2017-02-16 15:37 | Report Abuse

Thx bro...contra big no no for me...i only invest cash

Posted by linges > 2017-02-16 16:41 | Report Abuse

Added @825...khalas!!! hope for the best

Posted by TheContrarian > 2017-02-16 16:46 | Report Abuse

alooloo, I'm aware of Parkson huge USD loans taken to finance expansion in China and elsewhere. These overseas properties have value too. It sort of evens out things. Anyway I bought just a little.

Posted by linges > 2017-02-16 16:54 | Report Abuse

Hopefully bro..
Also added ekovest at 293/294...
Hope fot the best :))

Posted by char1234 > 2017-02-16 17:08 | Report Abuse

esok buy more logical

Posted by TheContrarian > 2017-02-16 18:03 | Report Abuse

Do take note that coming QR will be not as good as previous QR due to no disposal of Inari shares.

Posted by lloydlim > 2017-02-16 19:12 | Report Abuse

How about NTA? Would it increase more than expected?

Posted by calvintaneng > 2017-02-16 19:45 |

Post removed.Why?

Posted by linges > 2017-02-16 20:10 | Report Abuse

People who saying others stupid is actually.....

~somebody clever quote this not me..ha ha

Posted by char1234 > 2017-02-16 20:43 | Report Abuse

only fools win in this game...why

.

Posted by char1234 > 2017-02-16 20:44 | Report Abuse

honestly best policy...n the heavens protect the FOOLS

Posted by TheContrarian > 2017-02-16 21:38 | Report Abuse

Insas closing at 82.5 sen on heavy sell down isn't good. There might be further forced selling of contra players tomorrow unless the syndicate resumes buying. It seems syndicates are pulling back from most counters. Maybe North Korea planning to attack us. :-D

Posted by TheContrarian > 2017-02-16 21:41 | Report Abuse

I also did a bit of research and discovered Insas can't do a share buy back anymore because the controlling shareholders own 32.96% of the paid up share capital and a share buy back will trigger the 33% MGO level.

Posted by linges > 2017-02-16 21:46 | Report Abuse

Ooops..thx for the info

Posted by paperplane2016 > 2017-02-16 21:48 | Report Abuse

Doesn't matter. MGO offer you 0.10loh.

Posted by TheContrarian > 2017-02-16 22:10 | Report Abuse

How's share price going to increase if directors can't buy more or company can't do a share buy back without triggering 33% MGO?

Posted by lloydlim > 2017-02-16 22:17 | Report Abuse

I believe de syndicate is creating a cup & handle chart, if true than we all will certainly get a Big Angpow from Insas

Posted by paperplane2016 > 2017-02-16 22:45 | Report Abuse

Contarian. Do you hints private placements?

Posted by sohaitrader > 2017-02-16 23:23 | Report Abuse

lloydlim ya i have same opinion with u , super big cup n handle d cup body consolidation periiod is around 1 year plus .. dis pattern will fly gaolak !

Posted by paperplane2016 > 2017-02-16 23:27 | Report Abuse

What cup? Euro cup or Malayan cup?
Or C cup, D cup, F cup?

Mai kong kap.

Posted by TheContrarian > 2017-02-16 23:27 | Report Abuse

I don't think there will be private placement because Insas is in net cash position, flushed with RM450 million in FD and Bank balances.

Posted by TheContrarian > 2017-02-16 23:28 | Report Abuse

Insas should be paying higher dividends rather than a miserable 1 sen.

Posted by TheContrarian > 2017-02-16 23:29 | Report Abuse

Insas should go the way of BPlant.