Posted by alooloo > 2017-02-23 15:46 | Report Abuse

ya... i knew. I mostly in USD now. Just want to know how you divest. You making money in Bursa, so, see how you do then i could learn abit.

Posted by TheContrarian > 2017-02-23 17:00 | Report Abuse

I have been in the stock market since 1993. In my younger days I would sit in the gallery from 9.00 am until 5.00 pm Monday to Friday whenever the market was hot. Nowadays I'm more a passive investor. I buy based on my instincts and sell when prices rise high enough. Always diversify over a few good counters since each counter move at different time.

Posted by TheContrarian > 2017-02-23 17:05 | Report Abuse

Never fully invest. You need to set aside some cash in one month FDs as standby to take advantage of market falls and crashes. The market will definitely recovered. All falls and crashes are temporary.

Posted by lloydlim > 2017-02-23 19:13 | Report Abuse

Inari eps record new high, it might break 2.00 tomorrow! Insas coming too?

Posted by TheContrarian > 2017-02-23 20:06 | Report Abuse

Insas results also out, good also but sadly no second interim dividend.

Posted by Fabien Extraordinaire > 2017-02-23 20:33 | Report Abuse

Stripping of last year shares disposal, Insas results are commendable...more importantly its NTA is at 2.18 now!

Posted by TheContrarian > 2017-02-23 20:51 | Report Abuse

Problem is Insas has weak major shareholders who pledged their shares under margin financing with high interest rates and the miserable annual 1% dividend is grossly insufficient to service the interest payment.

Posted by 稻田·* 粒粒芳香 > 2017-02-23 20:52 | Report Abuse

Rilek rilek...

Not time to push up yet... Rilek...

Posted by TheContrarian > 2017-02-23 21:03 | Report Abuse

In fact the NTA at RM2.18 computes the Inari shares at Insas' cost of a mere 55 sen per share.

Posted by Davidl > 2017-02-23 21:11 | Report Abuse

Result is acceptable, NTA increasing, tomorrow should trend higher!

Posted by abangadik > 2017-02-23 21:11 | Report Abuse

rilek rilek..collect collect first.

Posted by inlandmarks > 2017-02-23 21:51 | Report Abuse

B4 the last inari bonus issue, the price of inari should be Rm3.85 now. Those insas previous disposals of Inarinwere below Rm3. About 30% gain in non disposal of inari share if compared to quarter ended Sep16 dispoal of inari

Posted by VenFx > 2017-02-24 04:09 | Report Abuse

Insas and Dato is milking on Syf ,
means insas will only harvest inari when deem the fruit is ripe and sweet.

Electronic & Electric win over Timber downstream.

Posted by TheContrarian > 2017-02-24 09:19 | Report Abuse

Insas opened lower due to continued forced selling of pledged shares of a major shareholder. Don't catch falling knife until selling is over.

Posted by lloydlim > 2017-02-24 11:30 | Report Abuse

I think chart pattern shall look nice when selling is over.

Posted by TheContrarian > 2017-02-24 13:53 | Report Abuse

Big buyer seems to emerge at 81 sen to try to absorb the forced selling.

Posted by linges > 2017-02-24 14:36 | Report Abuse

@TheContrarian...if u don't mind...what is your avg price in Insas?

Posted by TheContrarian > 2017-02-24 15:25 | Report Abuse

66 to 67 sen.

Posted by TheContrarian > 2017-02-24 15:27 | Report Abuse

Forced selling continues to overwhelm buying.

Posted by TheContrarian > 2017-02-24 15:29 | Report Abuse

There are six major shareholders with pledged shares between 1.6 million to over 3 million each.

Posted by linges > 2017-02-24 15:38 | Report Abuse

Thx for sharing @The Contrarian

Posted by alooloo > 2017-02-24 15:50 | Report Abuse

actually i felt that US squeeze coming again. Fed rate hike and France election is very near...

Posted by alooloo > 2017-02-24 15:53 | Report Abuse

Currency drop is another signal

Posted by TheContrarian > 2017-02-24 15:55 | Report Abuse

Insas actually earned exchange gain from ringgit's weakness.

Posted by Ymchan > 2017-02-25 21:02 | Report Abuse

Q3 result will looks good if investment team still hold on their financial instrument stated in june 2016 where majority of the foreign currency is Australia dollar which its exchange rate had appreciated from 3.15 in dec'16 to 3.40 now

Posted by VenFx > 2017-02-25 21:04 | Report Abuse

Ymchan, thx to highlight this.

Posted by TheContrarian > 2017-02-25 21:24 | Report Abuse

Insas, the company and group is doing very well. Huge gain on investments, huge gain from foreign exchange, huge interest income from its RM500,000,000 cash at bank and FD. So why did the share price collapsed after the release if its wonderful results?

Posted by AbbyTan > 2017-02-25 23:21 | Report Abuse

Good question .... I also want to know too

Posted by paperplane2016 > 2017-02-25 23:44 | Report Abuse

Yalor, why drop? Easy. The players wanna push down and wash ppl out

Posted by TheContrarian > 2017-02-26 00:10 | Report Abuse

Among the top 30 shareholders of Insas are six individuals who each hold between 1.8 million to slightly over 3 million shares. Problem is all these shares are pledged shares bought using borrowings. The miserable annual one sen dividend has been grossly insufficient to service the interest. So, what you are seeing is the forced selling of these pledged shares. The number of shares run into millions. Why isn't Insas doing any share buy backs? Because they can't. Why can't? Because it will take the controlling shareholders' shareholding to above 33% and trigger an MGO. The controlling shareholders do not have the financial capability to buy the remaining 67%.

Posted by BLee > 2017-02-26 21:57 | Report Abuse

http://www.thestar.com.my/business/business-news/2014/03/25/insas-shares-rally-investors-are-attracted-to-its-cheap-valuations/
Sharing some very old news, already consider cheap valuation. So I still says no sentiment, really need promotion to improve price. No need thanks me for making $, but please do not blame me for not making..

Posted by paperplane2016 > 2017-02-27 17:14 | Report Abuse

wanna go big now///////hehe

Posted by inlandmarks > 2017-02-27 21:39 | Report Abuse

I dont regret to invest in insas despite undervalued n not move in correlation with inari. After seeing many oil and gas counters, property, steel and banking stocks hard hit in year 2014 n 2015. Such as perisal, lion div, lion industry, mbsb, drnhicom, uem, maybulk and, any others,the price tumbled at least 50% to 95 %. I feel comfortable with insas diversified businesses. And profitable company and started to give dividend, even with only 1 cent interim

Posted by wan161 > 2017-02-28 09:38 | Report Abuse

can go in ad? or selling pressure still there?

Posted by alooloo > 2017-02-28 10:32 | Report Abuse

hmm.. wait is better. March Fed rate hike is quite likely. I would expect another round of rate hike squeeze from US dollar strengthening. I don't dare to add more now as well, not because of stock, but rather valuation of Ringgit. Last time i sold Malaysia Stock, is 3.21 (MYR/USD). Now it is nice number of 4.44 (MYR/USD), which in mandarin sound like die die die. I bought some Malaysia stock 3-6 months ago due to i thought the ringgit is low enough and oil price, China and election might help a bit for Bursa. But just some small position due to the risk or Ringgit!!!!

Posted by wan161 > 2017-03-01 16:05 | Report Abuse

looks like insas moving ad.

Posted by TheContrarian > 2017-03-01 20:10 | Report Abuse

Looks like the forced selling is over.

Posted by alooloo > 2017-03-02 09:06 | Report Abuse

Not so sure... see ringgit stable or not.. seem like settle on 4.45

Posted by alooloo > 2017-03-02 11:33 | Report Abuse

might buy if it is 0.785

Posted by PenguinDad > 2017-03-02 15:26 | Report Abuse

me too....!

Posted by TheContrarian > 2017-03-02 19:33 | Report Abuse

Inari hitting new high but Insas struggles.

Posted by TheContrarian > 2017-03-02 19:35 | Report Abuse

It seems like a big buyer has emerged to absorb the intense selling for the past two days.

Posted by alooloo > 2017-03-03 09:10 | Report Abuse

What is the trade volume for last 2 days?

Posted by paperplane2016 > 2017-03-03 20:29 | Report Abuse

Insas game still on?

Posted by abangadik > 2017-03-03 20:49 | Report Abuse

got game meh paperplane? :D not you selldown then recollect meh? :D brother.. your Borneoil so much rumours lately.. you got any info?

Posted by paperplane2016 > 2017-03-03 21:14 | Report Abuse

Haha. I buy and hold,where got Money goreng

Posted by abangadik > 2017-03-03 21:24 | Report Abuse

aiyor so humble and lowkey.. :D.. good luck.. hold on.. game should be on..

Posted by TheContrarian > 2017-03-04 17:16 | Report Abuse

Insas has been busy disposing SYF Resources shares lately.

Posted by alooloo > 2017-03-07 10:23 | Report Abuse

wah.. queue for 0.795 but suddenly go up... what happen?

Posted by TheContrarian > 2017-03-07 17:34 | Report Abuse

There has been a big buyer collecting Insas.