concur with ur view.... I maintain my long term target of RM1.40.. Never doubt of INSAS capability. Still remember I use the same method to make money in 2009/2010 right after economic recovered.
Everyone knows I bought Insas at 66 to 67 sen last year and haven't sold a single share. This year I bought Insas warrants at 22 sen, sold all at 30 sen and two days ago bought twice the number of warrants I had earlier sold at 30.5 sen. My remisier thought I was crazy.
TheCon... U are not crazy for me but U are well plan investor..... Because U have low cost shares in hand it is wise to do that. I was medium term investor so my cost of warrant RM0.200 consider good for me to take profit.......... we all have same view that it will across RM1.40 this year.......
Insas is a laggard stock and good opportunity to spot for mis-pricing. If Inari hit 52 week high Insas will do the same, just a matter of time like what it did today. Today's strong volume of 10 mio (very close) indicate big boys are looking at this stock and moving forward more players are coming into the game. Why? Even you lose you won't lose. If it is true Insas is selling some Inari stocks in the market for the past few weeks you can be sure of solid earnings next quarter. This is a no brainer trades and investments whether you can shor-term or long term traders.
Buy at your own risks! I own Insas shares and playing swing trading as I happens to be a short and long term traders. if I lose short term I don't mind keeping it and earn dividends..
For medium n long term investor, I dont care about 1 or 2 cents difference, based on strong balance sheet, solid quarterly profit, cash rich, n NTA more than Rm2, more than Rm3 if inari market price take into consideration. Save a penny n lose a pound.. I seldom lucky in contra trade, however, always big gain in short n medium term investments.
What I observed in the past 1 year, Insas operator is very cunning. When the share price movement is the most bullish with volume and many players are in, the price will subsequently consolidate and those contra players will be flushed out and many will cut loss... maybe that's why many hate this counter...It's best is to buy low and hold.... but must be able to TAHAN if the price refuse to move..... while watching other counters fly.....
Insas passed the 10 mio volume today. Usually Inari volume is higher than Insas. Inari's lack of follow through a bit disappointment. All eyes on US-China meeting. Good to continue holding Insas until earnings announcement. Bet EPS is going to be at least 5 sen and above.
I don't think Insas will drop back to 92 sen. Today as I have said in the morning at 10.37 am, weak holders who bought last month at above 91 sen are been flushed out and offered an exit price of 94 sen. Tomorrow I expect uptrend to continue at a steeper rate. Don't know whether it will touch RM1 or not tomorrow.
Introducing MY's First IPO Fund for Sophisticated Investors!
MQ Chat
New Update. Discover investment communities that resonate with your ideas
MQ Trader
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
0:17
New IPO: Building management systems (BMS), solar thermal systems and energy-saving services provider, Solar District Cooling Bhd aims to list on the Ace Market!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
稻田·* 片片绿青~粒粒芳香
26,756 posts
Posted by 稻田·* 片片绿青~粒粒芳香 > 2017-04-06 09:18 | Report Abuse
wao.. The Con... so fierce again ar???
Congrats everyone in paper gain... I haven action yet. Jz wait.