INSAS BHD

KLSE (MYR): INSAS (3379)

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Last Price

0.99

Today's Change

-0.005 (0.50%)

Day's Change

0.985 - 0.995

Trading Volume

167,400


44 people like this.

45,931 comment(s). Last comment by Tatooine 7 hours ago

Posted by sohaitrader > 2017-04-13 11:01 | Report Abuse

ema 20 days still haent break .. uptrend trend line havent break .. see tomorrow .. haha dont worry be happy ..

Posted by Honeymustard > 2017-04-13 11:26 | Report Abuse

TheContrarian
would like to ask how would you recognize such a moving down is actually a filtering of the contra players ? Mine to share some light?

alooloo

265 posts

Posted by alooloo > 2017-04-13 11:37 | Report Abuse

hmmm... u sure it is short squeeze? Yesterday gold spike, today US dollar slump. Something brewing. Too much movement in global money. I do believe it is more to do with international events rather than this particular stock itself.

TheContrarian

9,260 posts

Posted by TheContrarian > 2017-04-13 14:04 | Report Abuse

It's people who can't take up the shares that they have bought earlier who are now forced to sell at a loss.

PenguinDad

1,729 posts

Posted by PenguinDad > 2017-04-13 14:11 | Report Abuse

Trump say 'dollar is too strong' and hopefully wouldnt devaluate dollar.

alooloo

265 posts

Posted by alooloo > 2017-04-13 15:55 | Report Abuse

So far info i read... Trump have a deal with China. So they will work together to settle NKorea issue. This is good news as risk of trade war lower. But Syrian/Putin issue and US gov shut down risk is still there... Hence, got to wait for more updates.

TheContrarian

9,260 posts

Posted by TheContrarian > 2017-04-13 16:46 | Report Abuse

Horrible slaughter today. Don't play contra.

Skliew

1,201 posts

Posted by Skliew > 2017-04-13 19:23 | Report Abuse

Dance to the tune of the operator then you would be OK.... when volume is up and more retailers are in, the operator will unload...and vice versa....

Today is a bad day across the board..... why? What are the actual reasons? Global? Geopolitical risks? Syria/North Korea/Trump, USD too strong?..... :(

Skliew

1,201 posts

Posted by Skliew > 2017-04-13 19:33 | Report Abuse

Current Asset minus ALL liabilities =RM700+ millions. It is more than RM1 per share.... not yet included investment in associated companies, 400 millions shares in Inari, 50 millions Hohup, ....and other fixed assets...

Despite all these.... it is still at the mercy of the "Daiko" whichever way the price should move!!!

My 2 Sen opinion....

Maybe better just buy and keep it under the pillow :)

linges

2,689 posts

Posted by linges > 2017-04-13 19:44 | Report Abuse

@Skliew..good 2 sen :))

TheContrarian

9,260 posts

Posted by TheContrarian > 2017-04-13 20:11 | Report Abuse

From my observation the syndicate is holding ad much as 10 million Insas shares and much more Insas warrants. The shares were purchased, sold off, repurchased again many times from around 80 sen onwards. The syndicate's current average cost is probably around 88 sen, meaning the price will not fall below that.

Posted by inlandmarks > 2017-04-13 22:40 | Report Abuse

10 million syndicate shares is not much. I already have 900, 000 insas mother, accumulate since last year.

Posted by StockKeeper > 2017-04-14 09:55 | Report Abuse

Going down so easy

TheContrarian

9,260 posts

Posted by TheContrarian > 2017-04-14 09:55 | Report Abuse

Slaughtering continues.

TheContrarian

9,260 posts

Posted by TheContrarian > 2017-04-14 11:18 | Report Abuse

Just bought more warrants.

Posted by sohaitrader > 2017-04-14 11:24 | Report Abuse

insas seemlike bottom is 895 .. go go go ... speed up

TheContrarian

9,260 posts

Posted by TheContrarian > 2017-04-14 12:15 | Report Abuse

Today bottom was 89 sen where 512,500 shares were done.

kevin5059

933 posts

Posted by kevin5059 > 2017-04-14 13:16 | Report Abuse

Mega sale over la.. Q at 0.29, not able to get.

linges

2,689 posts

Posted by linges > 2017-04-14 15:30 | Report Abuse

Real or fake rebound..hmm

TheContrarian

9,260 posts

Posted by TheContrarian > 2017-04-14 16:36 | Report Abuse

No more contra players left to kill.

Andre Kua

420 posts

Posted by Andre Kua > 2017-04-14 17:19 | Report Abuse

Already said if you can't wait, don't bother with Insas.

Back then when I was looking at Insas, I thought Inari PER was too high at 1.80 while led me to buy Insas. Inari exploded to 2.80 while Insas actually dropped to 87c from 94c. Fed up and ignoring it for a month. Received a message from my bro one day while busy dealing in Putrajaya. It rocket to 1.18.

If you're asking me top up, I really can't be bothered because I think I spent enough to understand how this share works.

TheContrarian

9,260 posts

Posted by TheContrarian > 2017-04-14 17:59 | Report Abuse

Andre, if your cost is RM1.01, you should buy at 91 sen the same amount of quantity you are holding in order to average down your cost to 96 sen.

moneycashrich

2,101 posts

Posted by moneycashrich > 2017-04-16 12:45 | Report Abuse

Any rebound on Monday ?

klkk

294 posts

Posted by klkk > 2017-04-16 14:21 | Report Abuse

With US bombing here and there, and with North Korean preparing to go to war I think the whole world markets will go quiet if not negative.

alooloo

265 posts

Posted by alooloo > 2017-04-17 09:07 | Report Abuse

tough to judge. Gold start to drop....

alooloo

265 posts

Posted by alooloo > 2017-04-17 09:07 | Report Abuse

if war, gold should further shoot up

moneycashrich

2,101 posts

Posted by moneycashrich > 2017-04-17 10:26 | Report Abuse

Any rebound to RM1.00 in 30 days ?

alooloo

265 posts

Posted by alooloo > 2017-04-17 10:56 | Report Abuse

Result probably out in May 20-30. It is possible if someone cook bursa for coming election.

linges

2,689 posts

Posted by linges > 2017-04-17 17:10 | Report Abuse

added WB @ 0.305..avg down to 0.318 :)

TheContrarian

9,260 posts

Posted by TheContrarian > 2017-04-17 20:54 | Report Abuse

Insas has more or less stabilized as weak holders been forced out. Inari has rebound which is good for Insas.

Seabass

48 posts

Posted by Seabass > 2017-04-17 20:56 | Report Abuse

Contrarian, what is the relationship between INARI and Insas ?

alooloo

265 posts

Posted by alooloo > 2017-04-18 09:45 | Report Abuse

INARI last time owned by Insas and then they go IPO. Insas still hold 20+% if i'm not wrong.

alooloo

265 posts

Posted by alooloo > 2017-04-18 09:48 | Report Abuse

anyway, insas is a complicate holding company. i come back just because of their tressury stock, around 4% of share, value 15M in their statement. I hope they would give out as dividend like what Berjaya Corp did. Insas did this before in 4-5 years ago.

TheContrarian

9,260 posts

Posted by TheContrarian > 2017-04-18 09:58 | Report Abuse

Seabass, Insas owns 400 million Inari shares. The cost of those Inari shares are reflected in Insas accounts at around 55 sen per Inari share. Market price of Inari is currently RM2.

leno

6,156 posts

Posted by leno > 2017-04-19 12:34 | Report Abuse

HAHAHAHAH .... nice. DUA RINGGIT ! DUA RINGGIT !! All these common sense lar.

Seabass

48 posts

Posted by Seabass > 2017-04-19 12:38 | Report Abuse

Thank you Contrarian !

Today's market is a sea of red

What are you buying for a good bargain ?

paperplane2016

21,641 posts

Posted by paperplane2016 > 2017-04-19 12:53 | Report Abuse

leno, finanlly see you here. ingat sudah mati lemas in pmcorp

leno

6,156 posts

Posted by leno > 2017-04-19 13:30 |

Post removed.Why?

alooloo

265 posts

Posted by alooloo > 2017-04-19 13:56 | Report Abuse

@leno, they have data. They knew the exposure. Too much people speculate a stock is risky to the bank/broker. All bankrupt then bring down the broker or bank, that is stupid bank. PBB is indeed a good bank. Better hold PBB.

leno

6,156 posts

Posted by leno > 2017-04-19 14:53 |

Post removed.Why?

paperplane2016

21,641 posts

Posted by paperplane2016 > 2017-04-19 15:09 | Report Abuse

PBBANK is stupid. want loan must put FD. Crazy!

So leno, INSAS how

leno

6,156 posts

Posted by leno > 2017-04-19 15:17 |

Post removed.Why?

leno

6,156 posts

Posted by leno > 2017-04-19 15:57 | Report Abuse

90 sen is dirt cheap ... better whack up as much as possible .... DUA RINGGIT ! DUA RINGGIT comin !!

leno

6,156 posts

Posted by leno > 2017-04-19 15:59 | Report Abuse

cipet ... cipet ... ops .. i mean cepat ... cepat ... sape lambat dia tak dapat .... kekekekek ... INSAS DUA RINGGIT AAAAAAAAAAAAA !!!

leno

6,156 posts

Posted by leno > 2017-04-19 16:01 | Report Abuse

HAHAHAHAH .... maintain defence at 90 sen ! Any pundan seller come ... we KILL !! INSAS CANTEEEEEEEEKKKK !!!

linges

2,689 posts

Posted by linges > 2017-04-19 16:04 | Report Abuse

leno....u already wacked all 90c queue...nothing left to me :))

alooloo

265 posts

Posted by alooloo > 2017-04-19 16:11 | Report Abuse

@Leno, 和气生财。 i'm not sure about ur account type or how rich you're. But let say PBB have 10 rich guys like you cook PMcorp. May be 10 of you already own more than 50% of PMcorp. Some of these guys pledge their share for other loan in PBB. So, PBB know their risk if market crash or this stock crash. Some of these guys will not be able to pay back PBB and PBB need to incur lost. Anyway. this kind of limit only happen on penny stock. From this, i suspect PMcorp is penny stock. I have no idea what is it...

leno

6,156 posts

Posted by leno > 2017-04-19 16:54 |

Post removed.Why?

TheContrarian

9,260 posts

Posted by TheContrarian > 2017-04-19 16:58 | Report Abuse

Welcome back leno. Satu ringgit.

leno

6,156 posts

Posted by leno > 2017-04-19 16:59 |

Post removed.Why?

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