Duit. Today. My holdings in Insas just exceeded sime. I guess shod be ok gua. But biggest holding still MsC, and ekovest. WCE seems promising. Now monitoring
I have been saying also that Cocky doesn't share Insas wealth with the minorities but it seems he couldn't abuse it also and the wealth has been growing.
For the time being very hard to fly because directors can't buy, Company can't do share buy back and too many stale bulls who bought above 80 sen up to RM1.30 in 2015 still stuck.
Eventually Wall Street will be fully valued and will correct and the money will then flow to cheaper South East Asia markets, hopefully late next month or early April.
Not so simple. Fed rate up will last few years typically. Along the ways, some weaker currencies or countries fallout which further boost the believe US is the only choice. Many countries got no choice as most of the company use USD when issuing their bond....But few years back, i notice Insas benefit from this. Not pretty sure why.
When it went up above RM1 previously, Inari share price was only less than 50% compared to now n market capitalization. Now Inari share price has jumped more than double, however Insas still below Rm1! So sad
Last time got share buy back to reduce float...And most important problem is that, those who bought at 1.2 or 1.3, got burned. It is not easy for them to forget.
Of the top 30 shareholders of Insas, six individuals have pledged their shares and each own between 1.8 million to 3.2 million shares. Today's volume alone is over 1.18 million shares. Yesterday was over 800,000 shares. Whoever has been selling lately has probably over a million to dispose of.
@ TheContrarian, i knew INSAS own brokerage hold majority of as well. But if that sell, they need to file insider trading notice due to indirect change. But how do you know if they pledge their shares? If this happened, normally there are stock the slump, is it HSBC?
@alooloo @TheContrarian, nevermind who sell. Dividend money already in account, enough for breakfast-lunch-dinner. The 1 sen reduction in price also recovered. No regret holding Insas.
@ BLee, it is not about holding or selling. Just want to know how to get those info. TheContrarian even know they did pledge their share. These are great info.
@ TheContrarian, are you mainly focus in Bursa Malaysia? Any other countries to reduce risk? I only have less than 10% in Bursa due to worry about the currency.
Our ringgit's fall was too fast and furious. Too late to hedge now. Our currency weakness is due to political situation and not due to country's economy.
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paperplane2016
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Posted by paperplane2016 > 2017-02-16 23:30 | Report Abuse
Contrarian, don't forget. Who behind? Cocky. You think he will share his wealth with u?