Iioydlim, Insas has very weak major shareholders, some who borrowed heavily at high interest rates. Every month they had to sell to service interest payment.
contraction with, if this is the case, why the major shareholder so stupid not to declare higher dividend to settle interest payment, iso reducing their shareholding.
if u look at TA, OSK, and many more, all trade well below their nav. why? maybe their big boss want to keep share price low so they can buy back anytime they want. at discounted price. until the day they got enough or can find a partner, then they can privatize the company cheaply
then u need to look for stocks with big funds as the top 30 shareholders. as in ttb company, where the foreign fund screw ttb for not doing his job. like Nestle, bat where big fund always give pressure to mgt team. but it aso depends if these big funds shareholding is huge enough.
Insas most probably opens gap up at 88.5 sen to test the 52-week high. Heavy resistance will be at 90 sen level. If volume can register 10 mio again today then let your profits run...Happy Investing. Invest at your own risk.
After scrutinised the headline above dated 8 feb 2017. THE BERKSHIRE OF MALAYSIA. INSAS HOLDING IN THE BELOW QUOTED SECURITIES: INARI : MKT VALUE 850M HOHUP :MKT VALUE 40M OMESTI:MKT VALUE 22M SYF:MKT VALUE 35M FD CASH : 500M TOTAL CASH CONVERTIBLE 1, 447 MILLION SHARE ISSUE 693M CASH PER SHARE : Ringgit 2.08 ( THIS EXCLUDE LEASING ARM, GLENEAGLE HOSPITAL, M &A SECURITIES, PROPERTY DIVISION, MELIUM.. OTHERS) Still deeply undervalued. This quarter result should be good due to heavy trading volume in Bursa....
What lah,you don't know what's a stale bull? A stale bull is an investor who bought shares hoping they would rise and found that they have not, and now wants to sell to break even.
We learn from each other and happy to see everyone earn money to overcome the tough economic in 2017.... Many frens got letters to loss job for living... This is theh critical time I must help...Hope we can learn and grow together
Venue and all facilities have been booked by SPR after Independent Day... Either in Sept or right after CNY next year. No way between Oct-Dec X'mas festive.
Duit kor, don't be so humble, I have learnt a lot from you recently, hope to learn more on Hang Seng indeks too, thank god that you are back to i3 forum, missed your comments here..
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stockmanmy
6,977 posts
Posted by stockmanmy > 2017-03-11 12:17 | Report Abuse
reasonable or not is wrong question.
forecasting is correct question.