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.
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).
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.
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.
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
DUA RINGGIT comin sooon lor .... comrades .... take position as much as possible. Dun miss the ROCKET hor .... HAHAAAHAHAH ..... tick tock ... tick tock ... tick tock .....
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
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.
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.
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!
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.
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.
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.
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....
trader8899
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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.