Posted by prudenteinvestor > 2017-06-07 16:26 | Report Abuse

RHB TP at RM1.23

Posted by Toto2009 > 2017-06-07 16:53 | Report Abuse

Today is just some profit taking and Insas still well supported above 1.00 level and buying heat is there, go go go Insas!

Posted by linges > 2017-06-07 17:25 | Report Abuse

Thx @TheContrarian :))

Posted by TheContrarian > 2017-06-07 21:37 | Report Abuse

Since the T+7 breakout on Monday on heavy volume, price has been within a tight narrow range for two days. RM1.00 support line will be crucial tomorrow and if it breaks, contra players will get slaughtered again.

Posted by sohaitrader > 2017-06-07 21:43 | Report Abuse

dont think it will break RM 1.00 below ..

Posted by Toto2009 > 2017-06-07 21:51 | Report Abuse

Mid to long term players will be safe

Posted by linges > 2017-06-07 21:59 | Report Abuse

Yes..Before even think to buy...must be ready to dumb dumb hold :))

Posted by Toto2009 > 2017-06-07 22:12 | Report Abuse

Stock markets are volatile, price fluctuations are normal as there are many contra players there and sometimes profit taking, sometimes trigger by good or bad news. Just my 2 Sen, contra players exposed to higher risk

Posted by TheContrarian > 2017-06-07 22:19 | Report Abuse

Even if Insas goes up, there are lots of stale bulls at each new higher level, those people who were stuck since 2014.

Posted by sohaitrader > 2017-06-07 23:54 | Report Abuse

haha tmr waseong continues fly ... GO GO GO break 965 can take alook ENGTEX !

Posted by ivan9511 > 2017-06-08 00:49 | Report Abuse

TheContrarian hi brotther
congra for your insas and cresbuilder both fly
respect your always can sapu at low price like malton and osk and trop last tim e
all the best
insas I stuck long time ago so still not eran money
but hope you all the best
go go go

Posted by TheContrarian > 2017-06-08 07:44 | Report Abuse

Hi ivan9511, Trop can't move despite good QR.

Posted by brandee > 2017-06-08 09:56 | Report Abuse

insas looks like will post new high today! previous recent high 1.06.

Posted by skyz > 2017-06-08 10:13 | Report Abuse

we need more volume to further distance away from the RM1.00 psychological line

Posted by alooloo > 2017-06-08 10:24 | Report Abuse

hmmm trader won't help much on pushing price up... low and steady volume of buyer who holding the stock for mid to long term is more important. Every pennies trader earn is from trapping someone else, which later create resistance.

Posted by alooloo > 2017-06-08 10:25 | Report Abuse

Reduce supply of share is more critical for going beyond 0.45 book value.

Posted by runnerman > 2017-06-08 10:46 | Report Abuse

Insas will touch 1.09....today or tomorrow...strong fa n good ta...

Posted by TheContrarian > 2017-06-08 10:48 | Report Abuse

Punters switching from Inari into Insas.

Posted by BLee > 2017-06-08 11:06 | Report Abuse

@alooloo, We, small time trader when all add together will make an impact. Ytd, trader buying positive vs both local & oversea institution negative, a very rare occasion. Agreed with you, "steady volume of buyer who holding the stock for mid to long term is more important".

Participant Bought (RM m) Sold (RM m) Net (RM m)

Local Institution 1,383.6 1,398.1 -14.5
Local Retail 429.4 402.9 26.5
Foreign 549.3 561.3 -12.1

Power of Local Retail, we (us?) supporting the market yesterday..

Posted by linges > 2017-06-08 12:20 | Report Abuse

Sold all remaining WB @42c :)) very much happy

Posted by TheContrarian > 2017-06-08 13:31 | Report Abuse

Haven't sold any warrant.

Posted by linges > 2017-06-08 13:54 | Report Abuse

:))

I would buyback if fall back below 40c...yesterday queued at 39.5c but not matched..

Posted by VinzVp > 2017-06-08 14:01 | Report Abuse

holding this stock for more than 1 year. insas please be steady...

Posted by LuckyG > 2017-06-08 14:13 | Report Abuse

bought in warrant this morning . i think big boy is collecting retail is selling . follow big boy

Posted by sohaitrader > 2017-06-08 15:30 | Report Abuse

insas must break new high cross .. 1.06 .. short term double top at 1.06 .. hope later must chiong

Posted by linges > 2017-06-08 15:34 | Report Abuse

1.04 is very dramatic...difficult to predict the possible direction today

Posted by skyz > 2017-06-08 16:07 | Report Abuse

sohaitrader, but if double top formed could it be a not so positive sign as it shows sign there is not enough buying force to push it up?

Posted by sohaitrader > 2017-06-08 16:19 | Report Abuse

contrarian bro , what is your view on Jtiasa ?

Posted by TheContrarian > 2017-06-08 16:47 | Report Abuse

Jtiasa is Sarawak timber counter? Sarawak govt raised timber tax recently. Will impact earnings negatively.

Posted by TheContrarian > 2017-06-08 16:57 | Report Abuse

Contra players who bought on Monday could exit at small gain or small loss today.

Posted by paperplane2016 > 2017-06-08 17:44 | Report Abuse

Up so much, wanna let go or not...

Posted by Toto2009 > 2017-06-08 18:39 | Report Abuse

Insas canteeeeeek!!!!! FA and TA strong and support trend, not surprised to see tomorrow breaking 1.10 level... go go go!!!

Posted by paperplane2016 > 2017-06-08 19:32 | Report Abuse

Where got. Hard to break even 1.05

Posted by Toto2009 > 2017-06-08 20:10 | Report Abuse

These 2 days high already touched 1.06

Posted by trader8899 > 2017-06-08 20:44 | Report Abuse

Price managed to stay above RM 1.02 for the whole sessions today. Small volume today also indicated less selling pressure and most likely continue to trend up tomorrow to re-test RM 1.06. If price action can ramp up above RM 1.06 in less that 30 mins into trading we should see her going for RM 1.09 before selling pressure sets in again. Ride with the trend. Happy Investing!

Posted by sohaitrader > 2017-06-08 20:57 |

Post removed.Why?

Posted by moneycashrich > 2017-06-09 08:11 | Report Abuse

Good morning. Up or same or down........make the prediction.

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

moneycashrich, macam predicting petrol price only lol :p

Posted by sohaitrader > 2017-06-09 10:23 | Report Abuse

today can see see ancom ancomlb nylex.. abang adik jiayou

Posted by Toto2009 > 2017-06-09 10:39 | Report Abuse

Sohaitrader, yes, ancom TP 1.00, Nylex TP 1.26

Posted by Toto2009 > 2017-06-09 10:51 | Report Abuse

Insas buy vol just surpassed sold vol, sit back and enjoy the up trend all ; ) happy Flyday for Insas to FLY!!!

Posted by paperplane2016 > 2017-06-09 10:52 |

Post removed.Why?

Posted by skyz > 2017-06-09 11:44 | Report Abuse

see see Nylex overtake Insas liao. apalah...

Posted by alooloo > 2017-06-09 12:09 | Report Abuse

core problem with Insas is they actually have very poor utilization of capital.
Raise RPS and warrant to collect money and pay down USD debt, but they still earn less than 10% equity return over last 3 years with all the capital plus retained earning.
On top of that, 3 years later, they probably face dilution effect because Dato Thong is holding at least 31% direct and indirect warrant which i believe he would realized to increase his %holding of the company. So he probably want to enrich himself at the cost of every other shareholder.

Instead of paying dividend like any other company that didn't utilise capital wisely, they pay RPS holders, which Dato Thong hold at least 41%.

So, summary Family business.

Posted by skyz > 2017-06-09 12:22 | Report Abuse

alooloo, seems like most of ur comments ever made in i3 forum is on INSAS thread only. hmmm

Posted by sohaitrader > 2017-06-09 12:24 | Report Abuse

skyz ya go go go nylex ancom ancomlb hahaha my OLYMPIA FLY ALSO ! told u all oredy ! Olympia CANTEEKKKK>..

Posted by kevin5059 > 2017-06-09 12:24 | Report Abuse

alooaloo, the ROI 10% is due to the fact that Insas has alot of unrealised gain. One example, Inari share. If you sell all their Inari share, I'm sure their ROI will hit 50%++ easily.

Posted by TheContrarian > 2017-06-09 12:38 | Report Abuse

Insas P/E for current year ending 30/6/17 without unrealized gain on Inari shares only around 4 times.

Posted by TheContrarian > 2017-06-09 12:43 | Report Abuse

Thong cannot exercise the warrants he owns without having to make a MGO as he and persons acting in concert currently owns 32.96% of Insas shares. Thong holds the warrants as a defensive measure against hostile takeover.

Posted by alooloo > 2017-06-09 13:03 | Report Abuse

@skyz, i mostly vested in US stock and i'm considering to cash out INSAS and went to US as well. I did bought Berjaya corp and Genting Malaysia. But sold Berjaya corp after the dividend payout in share and sold Genting Malaysia 1 month back. All money went to US again. Back to Ringgit because Najib preparing election and i bet he won't dare to let Ringgit drop.