TheContrarian : Wah ! Less then 2 mths time you already make 36% plus for investing Insas WB . Happy to know that you made profit, bcos your comment I always read! If you invest large volume then must be very 'Ho Seh'. Ha ha.
Sometimes i lock in profit just to boost my confident..bcoz its already realized profit and feel happy lah..but sakit hati juga bila tgk dia up up lagi..ha ha..
But not all stock i exit at 10% gain..some i keep holding for long term even at 20-30% paper gain..especially high dividend counters..
Usually I don't buy warrants with large premium. But last month when I sensed the market was getting bullish I decided to be aggressive and buy the warrants instead of the shares. I felt confidence in the warrants because I believe the shares are undervalued and the share price was on a sustainable uptrend. I sold yesterday because the warrants ran faster than the shares.
No, haven't bought any Inari shares or warrants. Didn't do any study on Inari warrants. Inari shares have run up non-stop for many months and may be near peak. Even EPF selling down.
Trading value in bursa surge to 5 billion from around 1 billion last year. Core securities arm (m&a securities) of insas will greatly benefit. Together with it leasing, technology division n inari... it is extremely safe to invest in insas, due to undervalued. Dont chase high risk such as iwcity, ekovest, awc, datapr....where these stock has already jumped more than 300%......
Insas is one of the most undervalued stock. Very high NTA, very high cash holding, very low P/E, has over 20% of Inari reflected in the accounts at only around 55 sen per Inari share. I will not sell a single Insas share for the next 4 months irrespective of how high Insas goes up. I have this much confidence in Insas.
I don't have a target price for Insas. It's a continuous high growing company, the EPS keeps enhancing its NTA. And its NTA doesn't take into account Inari's current market price of around RM1.90.
Agreed with TheContrarian's strategy. High NTA RM 2.18 and cash reserve of RM 283 million make Insas an easy target for privatisation. I will do the same too especially with current bull run market=)
Breakout momentum confirmation after a gap up above the resistance level of 88.5 sen. Market opens at 90 sen on Mar 13 after a strong buying interests on Mar 9 and 10. This is the first wave of the trend and I believe next week more institutional buyers will participate in this buying opportunity. I am expecting a gap up again on Monday of 93 sen because of the limited supply. Although volume has not touch the daily 10 million mark it would be a good buying opportunity for small traders to enter the market now. Let your profits run. We are in the first phase of the BULL market. Happy Investing. Trade at your own risk.
TheContrarian, agreed. If moving too fast, will attract a lot of traders, and price may be very volatile. Moving up 1-2 cent per day and like current momentum will be the best=)
One of my favorite warrants. Sold some at 31 sen. Buy some at 30 sen Friday. For short term trading. Still holding portfolio warrants......waiting for the right price.
The body of the white candles getting smaller with each trading days. Could today be a reversal? I guess not until the price moving all the way up to 99.5 sen. If the bet is wrong place your stop loss at 3 points (1.5 sen) before yesterday's closing. Happy Investing. Trade at your own risk.
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TheContrarian
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Posted by TheContrarian > 2017-03-17 09:48 | Report Abuse
Don't play contra with Insas. Too many stale bulls. You have to be able to hold.