Posted by trader8899 > 2017-05-15 17:26 | Report Abuse

INSAS closed at 93 sen (+1.5 sen) only after Inari managed to hit new high of RM 2.20. Most likely a gap up tomorrow based on the low supply of this stock. Still dunno what's stopping Insas for going up further.

Posted by Skliew > 2017-05-15 17:31 | Report Abuse

Anticipate the coming Quarter earnings should be very good! Expect handsome contribution from INVESTMENT HOLDINGS AND TRADING which invested RM344,000,000 in the Malaysian and the overseas markets as at 31st Dec 2016. As at 30.06.16 total RM312M (131M in Malaysia and RM181M in Overseas).

Date.........31.12.16. ..................31.03.17
KLCI. ......1,641.73. ..................1,740.09
S&P500..2,238.83................... 2,362.72
HSI ........ 22,000.56..................24,111.59

Would the investment yield good return?

Inari looks very good..should deliver good results....
M&A good business !
EPS for the 3rd Quarter = ?

WOW! THIS IS HARD SELL!

BUY/SELL AT YOUR OWN RISKS.. :)

Posted by inlandmarks > 2017-05-15 18:06 | Report Abuse

Unrealised gain will t be booked in pl.only realised gain be reported

Posted by Skliew > 2017-05-15 22:36 | Report Abuse

Gain on fair value changes of financial assets at fair value through profit or loss is reported in Other Income

Loss on fair value changes of financial assets at fair value through profit or loss is reported in Other Operating Expenses.

:)

Posted by paperplane2016 > 2017-05-15 23:06 | Report Abuse

Facbind also similar. After 10years, still below it intrinsic value. So what's wrong there? Will similar things happen here? Same to bjcorp?
So?.....the emphasis should be on people managing it, not purely calculation.

Posted by Skliew > 2017-05-15 23:27 | Report Abuse

But Inari is under the same management, isn't it?

Things could be changing as it is far better now than yesteryears! LOL!

Posted by Zhen Wei > 2017-05-16 00:57 | Report Abuse

insas good time to buy ,breakout 0.950 first

Posted by leno > 2017-05-16 08:30 | Report Abuse

u all forgot one main factor that differentiate insas from all others stock .... insas got leno the most panlai to support all the way to DUA RINGGIT ... other stock dun have mar .... SERIOUSLY SERIOUS.

Posted by paperplane2016 > 2017-05-16 08:44 | Report Abuse

Leno. U never deliver. I doubt your credibility

Posted by LuckyG > 2017-05-16 09:32 | Report Abuse

hahaha

Posted by Skliew > 2017-05-16 09:54 | Report Abuse

Five Years Group Financial Highlights
2016 2015 2014 2013 2012
RM’000 RM’000 RM’000 RM’000 RM’000
Revenue 272,723 406,802 276,520 297,324 235,376
Profit Before Taxation 88,090 98,911 171,151 62,600 11,316
Profit After Taxation Attributable to Owners of
the Company
77,376 91,129 160,404 62,041 12,601
Total Assets 1,899,602 1,941,751 1,607,052 1,359,311 1,322,399
Total Liabilities 542,380 671,458 404,234 326,097 350,985
Total Borrowings 462,980 564,548 282,339 169,916 242,785
Equity Attributable to Owners of the Company 1,349,664 1,265,770 1,195,681 1,030,292 967,659
Number of Shares in Issue, net of Treasury
Shares (Thousands)
663,007 663,007 664,206 670,178 691,368
Earnings Per Share (Sen) 11.67 13.73 24.10 9.14 1.84
Net Assets Per Share (Sen) 204 191 180 154 140
Return on Equity (%) 5.7 7.2 13.4 6.0 1.3
Return on Total Assets (%) 4.1 4.7 10.0 4.6 1.0
Gearing Ratio 0.34 0.45 0.24 0.16 0.25

Current FY17, 6 months EPS 12+, Whole year ?

Posted by Skliew > 2017-05-16 12:29 | Report Abuse

The Management took RM344 millions company funds and invested in securities.....!

About 52 Sen per share..

Are the funds placed with fund managers?

In the past five years, the average return is positive estimated at around 8% per annum. ..

Posted by wan161 > 2017-05-16 12:47 | Report Abuse

mana mahu pergi insas ni? haha

Posted by TheContrarian > 2017-05-16 12:56 | Report Abuse

Insas is a stockbroker. All stockbrokers invest in the stock market locally and overseas.

Posted by leno > 2017-05-16 13:38 | Report Abuse

DUA RINGGIT comin sooon lor .... comrades .... take position as much as possible. Dun miss the ROCKET hor .... HAHAAAHAHAH ..... tick tock ... tick tock ... tick tock .....

Posted by lloydlim > 2017-05-16 13:53 | Report Abuse

Time to buy now!

Posted by paperplane2016 > 2017-05-16 14:15 | Report Abuse

I que at 0.80.

Posted by wan161 > 2017-05-16 14:23 | Report Abuse

wah. if bro duit que 845, means i kena que sell 915 first la ni.. but hopefully u all x push to that level la k. kesian i ikan bilis.. hahaha

Posted by Skliew > 2017-05-16 15:27 | Report Abuse

I queue 70 Sen to buy since the co made 70.69 Sen per share since FY2013 till today.....
9.14+24.1+13.73+11.67+12.05=70.69

LOL!

Posted by Skliew > 2017-05-16 15:32 | Report Abuse

4.5 Years made 70.69 Sen per share...means I give it a PE of 4.5!

LOL!

Posted by leno > 2017-05-16 16:24 | Report Abuse

dun waste time queing below 90 sen lor ....leno got deep pocket ... veri veri deep pocket lor ... HAHAHAHAHAHAH ....

Posted by TheContrarian > 2017-05-16 16:45 | Report Abuse

Maybe we all could form a group and launch a hostile takeover. Old man Thong only owns 32.99%.

Posted by Skliew > 2017-05-16 17:00 | Report Abuse

Don't see any buying activities. The stock is soooooo quiet...I used up my bullets!

Please drop to 70 Sen! I will sell all my other shares and switch to Insas!

LOL!

Posted by Honeymustard > 2017-05-16 18:00 | Report Abuse

LOL

Posted by vinc3362 > 2017-05-16 18:05 | Report Abuse

Good suggestion Contrarian. After that sell this company by piecemeal, since sum of all parts is > 3 times its share price. So Leno are you in? Since you got veri veri deep pocket and you can stop shouting for 2 Ringgit. Go for 3 Ringgit.....HAHAHA

Posted by LuckyG > 2017-05-16 18:40 | Report Abuse

need how many shares to join the club ?
i love this idea !

Posted by linges > 2017-05-16 19:29 | Report Abuse

Inari QR released..how it could affect Insas?

KUALA LUMPUR (May 16): Inari Amertron Bhd posted a 139.13% increase in net profit to RM51.18 million for the third quarter ended March 31, 2017 (3QFY17) from RM21.4 million a year earlier.

Earnings per share jumped to 2.62 sen from 1.11 sen.

Posted by TheContrarian > 2017-05-16 19:36 | Report Abuse

We form the club first. Leno can be the club president.

Posted by TheContrarian > 2017-05-16 19:40 | Report Abuse

linges, take 2.62 sen multiplied by 400 million shares then divide by 693 million shares.

Posted by TheContrarian > 2017-05-16 19:54 | Report Abuse

Skliew has been saying that Insas is expected to book a handsome gain from realizing or marking its short term share investment of around RM334 million to market value. A 10% gain of RM33.4 million would mean almost 5 sen EPS.

Posted by TheContrarian > 2017-05-16 20:02 | Report Abuse

August too late.

Posted by zexon > 2017-05-16 20:36 | Report Abuse

Skliew, found you here finally. You can sell Muda and switch to Insas without hesitation

Posted by Skliew > 2017-05-16 20:45 | Report Abuse

Inari contributed 1.59 Sen for each Insas Share in the 3rd Quarter Financial Results ending 31st March 2017. :)

Posted by Skliew > 2017-05-16 20:47 | Report Abuse

Zexon, thank you for your advice...already did that....

Posted by linges > 2017-05-16 20:48 | Report Abuse

Thx Contrarian :))
I should spend more time to understand Insas business..

Posted by Skliew > 2017-05-16 20:59 | Report Abuse

1000 shares of insas indirectly own 607 shares of Inari.

Inari's contribution to earning of Insas= 2.62x0.607=1.59 :)

Posted by atuck > 2017-05-16 21:03 | Report Abuse

skliew how u derive 607 shares? if based on 20% shareholding isn't it 1000 insas indirectly own 200 inari shares?

Posted by Skliew > 2017-05-16 21:18 | Report Abuse

Inari declared 2.2 Sen 3rd interim dividend per share. Insas is going to receive 8.8millions dividend from Inari. The last 2 Quarters Insas already received more than 9.6 millions in dividends from Inari.

If the total annual dividends received from Inari is more than 20 millions, it is enough to pay 3 Sen annual dividend per insas share. Just divert the dividend received from Inari!

DSTKK, hope you read this! :)

Posted by TheContrarian > 2017-05-16 21:22 | Report Abuse

linges, Insas main core business is that of a stockbroker. Stockbroking trading commission in coming QR should increase manifold.

Posted by LuckyG > 2017-05-16 21:28 | Report Abuse

sound very solid just the share price not going up .......

Posted by TheContrarian > 2017-05-16 21:45 | Report Abuse

Yes, very solid because Insas is well diversified. It also has interest in construction through associated company Ho Hup. It's car rental business is doing well. It's also a licensed money lender. It has RM500 million cash in bank and FD as at end of December 2016.

Posted by Skliew > 2017-05-16 21:46 | Report Abuse

atuck, insas owns 402,411,300 shares in Inari.
Total Insas ordinary shares is 663,006,342 (excluding 30,327,291 treasury shares)

So, every 1000 Insas shares indirectly owns 606.9 Inari shares.

Posted by TheContrarian > 2017-05-16 21:51 | Report Abuse

I have the same opinion as Skliew on dividend policy. Just using the dividend from Inari to pay dividend to Insas shareholders would mean higher than the miserable 1 sen annual dividend that Insas currently pays out. This is why shareholders must bring up this matter at the next AGM.

Posted by trader8899 > 2017-05-16 22:05 | Report Abuse

REVENUE and PROFITS of INARI at all time high. Compare Earnings and Revenue of Inari in 2014 against 2017. Accumulate more of Insas tomorrow at 91.5sen. Expecting EPS of 5 sen or more this quarter for Insas. Trade at your own risk. Good that Insas is a lagging indicator allowing us to quickly move in and capitalise on this earning news.

Posted by Alex > 2017-05-16 22:08 | Report Abuse

tp support resistance? this counter looks sedap

Posted by mike90 > 2017-05-16 22:08 | Report Abuse

Insas good earning also cant up much, FM not interested with Thong counter.

Posted by TheContrarian > 2017-05-16 22:20 | Report Abuse

trader8899, I am expecting EPS of around 8 sen in the coming 3rd QR. First six months already 12 sen.

Posted by Skliew > 2017-05-16 22:23 | Report Abuse

INARI is also Thong's counter, isn't it? It has been rising to all time high and increased 20 folds in 5 years from 2012....Aren't FM in?

Perception would change over time just like investors shun TSRDLSC counters! But once the price move.... everyone jump in ... even on rumours.... LOL!

Posted by TheContrarian > 2017-05-16 23:10 | Report Abuse

Are the same Insas people running Inari or separate board and management?

Posted by Skliew > 2017-05-16 23:56 | Report Abuse

DSTKK, DR TAN and DATO WONG on the board of both INSAS and INARI...