Posted by sengkee > 2017-06-02 13:57 | Report Abuse

Insas will become like Inari last time?

Posted by alooloo > 2017-06-02 15:03 | Report Abuse

@sengkee, not likely. Many traders or pundits here trade without considering the dilution effect from warrants and RPS issued back in 2015. That is the main reason Insas will continue trade below 0.5 book value. Management need to deal with that before things get better. Each sens of earning will always create value less than 1sens to owner of this share. Many think INSAS is like berkshire hathaway of Malaysia, but in core principle, the management disregards shareholder as partner. They dilute and pay 4 sens dividend to RPS holders. It is better to be the RPS holders than the shareholders. I believe in short term, the max value of INSAS probably 0.45 of book value.

Posted by leno > 2017-06-02 15:12 | Report Abuse

kakakakakakak .... very low class analysis .... kakakakakakak .... KAKAKAKAKAKAKAK ....

Posted by alooloo > 2017-06-02 15:30 | Report Abuse

Well, i believe you sure know how warrant being price at right now. When they start to talk about right issue back then, some still speculate good opportunity for the RPS that come with 2 free warrant. My policy is who announce right issue with dilution effect, i sell. Some probably still believe the 2014 Price drop from 1.2+ is nothing to do with this.

Posted by leno > 2017-06-02 15:37 |

Post removed.Why?

Posted by Sonic128 > 2017-06-02 15:40 | Report Abuse

adoi, so good market insas not up............................ :(

Posted by alooloo > 2017-06-02 15:40 | Report Abuse

The warrant price is RM1. Expiry date is 2020 if i'm not wrong. Who is the genius to convert when Insas price is below RM1. You pay RM1 for RM0.96 share? Why don't just buy 0.96 from market.

Posted by leno > 2017-06-02 15:45 |

Post removed.Why?

Posted by alooloo > 2017-06-02 15:49 | Report Abuse

Your point exactly show the ceiling for this stock. If Management objective is no one convert. Then the price of INSAS will never go above the price that someone willing to convert in 2020. That is the ceiling. If it go above RM1.3+, then people will convert and dilution will come in. Ya, i sold back then when people hype about that. Many stock have the trend that, first announcement of right will make price shoot up a bit due to people calculate the face value of right plus warrant. But 1 or 2 weeks later, normally share price drop. I encountered few round on the stock i'm holding, so i will just sell it off when opportunity come. Too tedious to count and guess what would happen next.

Posted by sohaitrader > 2017-06-02 15:50 |

Post removed.Why?

Posted by alooloo > 2017-06-02 15:51 | Report Abuse

btw..Aunty? seldom have female call themselves aunty. Anyway, there are many type of investor or traders. Go with your route which works for you.

Posted by sohaitrader > 2017-06-02 15:52 |

Post removed.Why?

Posted by leno > 2017-06-02 15:53 |

Post removed.Why?

Posted by alooloo > 2017-06-02 16:00 | Report Abuse

Well, last time i hunt for those as well. But now, it is too costly for me to do that. Mathematically gain 10% and then lose 10%, i will still lose money, as 1.1x0.9 = 0.99. Plus those cost incured during trading. So, it is not that i don't want to hunt 100% anymore, just it is more important for me not to lose money. 10-20% gain is good for me.

Posted by alooloo > 2017-06-02 16:20 | Report Abuse

Well Leno, few month back, warrant is still 20sens, now warrant trade at 30+ sen. If there are institute or Dato Thong family who have faith with the company accumulate in order to increase their holding% of the company. Nothing would stop the dilution. Watch movie also have, family takeover due to one smart kid got money. Dato Thong very old already, his brother passaway few year back. Almost time for management transition.

Posted by TheContrarian > 2017-06-02 16:42 | Report Abuse

His brother still shareholder of Insas. Not dead yet.

Posted by leno > 2017-06-02 16:49 | Report Abuse

NICE !

Posted by leno > 2017-06-02 16:53 | Report Abuse

watch out .... today got good news ....

Posted by linges > 2017-06-02 16:54 | Report Abuse

Added some at 36c today :))

Posted by leno > 2017-06-02 17:06 | Report Abuse

no ... insas is in very capable hand ... which has proven track record of turning stone into gold ... many many times .... hahahahaha ... more than 2.6 million shares at hand now .... anytime leno can press down the price liaw .... hahahahahah ... so ... dun make leno angri hor ....

Posted by leno > 2017-06-02 17:08 | Report Abuse

okie ... got to go for exercise liaw .... mau jaga badan mar .... bbye .... see ya all new week ... ops .... leno will be on long vacation .... see ya' all in long long time .... wish all comrades all the best. Dun worri .... be happi .... insas worr .... DUA RINGGIT AAAAAAAA !! BBYE !!

Posted by paperplane2016 > 2017-06-02 17:34 | Report Abuse

sohaitrader, the word sohai come from your mouth sounds so sohai.

Posted by paperplane2016 > 2017-06-02 20:00 |

Post removed.Why?

Posted by Toto2009 > 2017-06-02 22:00 | Report Abuse

Leno, mana pigi? We need you to lead the team!!! Insas canteeeeeeeeeek!!!!!!!

Posted by paperplane2016 > 2017-06-03 19:56 | Report Abuse

When price down, Leno will get lose. Look at pmcorp history

Posted by sohaitrader > 2017-06-03 21:20 |

Post removed.Why?

Posted by paperplane2016 > 2017-06-03 23:09 | Report Abuse

It's paper anyway, either toilet paper or gold paper. Gold paper anytime can change cash

Posted by sohaitrader > 2017-06-04 23:23 | Report Abuse

talk cock la hahahaha

Posted by sohaitrader > 2017-06-04 23:23 | Report Abuse

i should call u puipuiplane hahaha

Posted by paperplane2016 > 2017-06-05 07:37 | Report Abuse

Tot u wanna give me your name sohai. Sohai paper plane then

Posted by trader8899 > 2017-06-05 09:52 | Report Abuse

Low volume takes longer time to shake out all the bagholders. Most probably another week or so. Our job as trader is to be patience and watch for volume. Good entry point now. Invest at your own risk. Happy Investing!

Posted by TheContrarian > 2017-06-05 11:40 | Report Abuse

Today Is Syndicate's T+7 settlement day, sure push up one.

Posted by TheContrarian > 2017-06-05 11:45 | Report Abuse

Satu Ringgit.

Posted by TheContrarian > 2017-06-05 11:49 | Report Abuse

Satu Ringgit Satu Sen.

Posted by truthseeker516 > 2017-06-05 11:50 | Report Abuse

beast finally woke up

Posted by TheContrarian > 2017-06-05 11:51 | Report Abuse

Satu Ringgit Dua Sen.

Posted by prudenteinvestor > 2017-06-05 11:51 | Report Abuse

1.02

Posted by LuckyG > 2017-06-05 11:54 | Report Abuse

geng !

Posted by moneycashrich > 2017-06-05 12:13 | Report Abuse

Happy trading. Everybody sure rich

Posted by paperplane2016 > 2017-06-05 12:14 | Report Abuse

took it soooooo longggggggg

Posted by sctan > 2017-06-05 12:19 | Report Abuse

Hope insas can close above 1.00 today

Posted by BLee > 2017-06-05 12:27 | Report Abuse

Hopefully maintain as non-penny stock. Huat ah..trade at your own risk.

Posted by paperplane2016 > 2017-06-05 12:27 | Report Abuse

bila lah LENO, 1.40, 2.00. so slow

Posted by linges > 2017-06-05 12:36 | Report Abuse

Waka waka...am I dreaming today? Wow 40
Dump dump hold strategy menang jugak :)))

Posted by VenFx > 2017-06-05 12:43 | Report Abuse

I see, consistency in Leno & Pplane sifu .

Posted by Depeche > 2017-06-05 13:08 | Report Abuse

This rally is strong...fasten your seat belts

Posted by TheContrarian > 2017-06-05 13:10 | Report Abuse

linges, I told you Syndicate T+7, which is due today. Obviously Syndicate will push up to roll over.

Posted by i4investor > 2017-06-05 13:33 | Report Abuse

go go go

Posted by Honeymustard > 2017-06-05 14:19 | Report Abuse

Contrarian, sorry can I ask what does push up to roll over means ? Does it means they push up and sell?

Posted by kevin5059 > 2017-06-05 14:38 | Report Abuse

Target Price is 1.80 (by year end)