INSAS BHD

KLSE (MYR): INSAS (3379)

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Last Price

0.99

Today's Change

-0.005 (0.50%)

Day's Change

0.99 - 0.995

Trading Volume

19,300


44 people like this.

45,909 comment(s). Last comment by Sslee 39 minutes ago

alooloo

265 posts

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

@kevin5059, the Inari is old stuff. They realise part of the gain back in 2013 or 2014 when they let Inari IPO. And they can't sell the holding as well because if they sell it, then they got nothing better for income.

alooloo

265 posts

Posted by alooloo > 2017-06-09 13:11 | Report Abuse

Anyway, i just hope Insas shareholder aware of what we're investing. If Insas grow and share follow, that is the best. Don't just be lead by trader who pump and dump. That is more harm to most of the shareholder.

Posted by sohaitrader > 2017-06-09 14:51 | 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.

for the statement above , i turly think Thong will goreng up Insas warrant high high enuf to let go share .. n make big profit

TheContrarian

9,256 posts

Posted by TheContrarian > 2017-06-09 14:59 | Report Abuse

I think warrant price doing well because Thong not selling and may even be buying more. He doesn't need to make any disclosure to Bursa if he buys more warrants unlike shares. Also there are much less warrants than shares in circulation.

linges

2,689 posts

Posted by linges > 2017-06-09 15:11 | Report Abuse

Back to 1.04 drama...anyway i queued @42c and 41.5c..let see

TheContrarian

9,256 posts

Posted by TheContrarian > 2017-06-09 15:16 | Report Abuse

What? You buying back @ 42 sen?

linges

2,689 posts

Posted by linges > 2017-06-09 15:19 | Report Abuse

Yes but just a small bullet not big...so can avg down if further down..but not match yet

linges

2,689 posts

Posted by linges > 2017-06-09 15:23 | Report Abuse

Sorry..pull out 42c and only maintain 41.5c queue..i feel like more selling come :(( i might be wrong

trader8899

230 posts

Posted by trader8899 > 2017-06-09 15:31 | Report Abuse

Insas selling pressure at RM 1.03 getting weaker. Price should close RM 1.04 and above. More trading activities at 4pm today.

Posted by sohaitrader > 2017-06-09 16:18 | Report Abuse

seller not alot even toady is T4 for 5th trading day ..good la next week very high chance go new high .. cheers t o all insas holder ..

linges

2,689 posts

Posted by linges > 2017-06-09 16:37 | Report Abuse

Opps..silap strategy

Posted by sohaitrader > 2017-06-09 16:39 | Report Abuse

what happen to insas wb haha so geng ... geng than mother ! nabeh haha

LuckyG

1,698 posts

Posted by LuckyG > 2017-06-09 16:41 | Report Abuse

yah ! anyone can explain why insas warrant behave so wierd ?

leno

6,156 posts

Posted by leno > 2017-06-09 16:42 | Report Abuse

HAHAHAHAHAHAH .... did i miss anything ? HAHAHAHAHAHAHA ...HAHAHAHAHAHAHAHAHAHAHAHAHAHAH .... if like this i am goin to extend my holiday .... .... see ya all in many many days .... WISH ALL COMRADES ALL THE BEST !! BBYE ! LOVE YA' ALL .... muwah ! Kiss !! KISS !!

TheContrarian

9,256 posts

Posted by TheContrarian > 2017-06-09 16:50 | Report Abuse

leno, just enjoy your holidays. No worries on Insas.

linges

2,689 posts

Posted by linges > 2017-06-09 16:53 | Report Abuse

Missed weekend pocket money :((

Happy weekend !!

leno

6,156 posts

Posted by leno > 2017-06-09 16:55 | Report Abuse

TQ ... happi weekend to everi one too. INSAS CANTEEEEEEEEEEEEEEEEKKKK !!!

TheContrarian

9,256 posts

Posted by TheContrarian > 2017-06-09 17:05 | Report Abuse

Why is the warrant price stronger? Possibly two big fish competing to buy. One is a hostile group of people attempting to take over Insas. The other is Thong buying warrants to defend from the hostile takeover since he can't buy the shares. There are only 265 million warrants for which Thong already own at least 80 million.

LuckyG

1,698 posts

Posted by LuckyG > 2017-06-09 17:14 | Report Abuse

ty TheContrarian . hope you are right lolx . i bought warrant only .

TheContrarian

9,256 posts

Posted by TheContrarian > 2017-06-09 18:23 | Report Abuse

Ops, just checked and found that Thong and persons acting in concert actually owns at least 103 million warrants.

TheContrarian

9,256 posts

Posted by TheContrarian > 2017-06-09 18:23 | Report Abuse

Free float of warrants only 162 million.

alooloo

265 posts

Posted by alooloo > 2017-06-09 18:45 | Report Abuse

Precise info from as of April filing
Dato Thong direct warrant 2,904,600 1.1% indirect warrant 83,414,970 31.45%
His brother direct17,343,524 6.54% indirect 12,014,706 4.53%

Both of them have more than 40%. If they exercise, they will greatly boost their owning power of Insas. If they really do this, then he is like those HK rich man, get rich by selling out shareholder.

LuckyG

1,698 posts

Posted by LuckyG > 2017-06-09 18:48 | Report Abuse

where you get the april filing from ? alooloo . which web site ?

TheContrarian

9,256 posts

Posted by TheContrarian > 2017-06-09 18:49 | Report Abuse

alooloo, from where did you obtain the latest warrant holdings?

alooloo

265 posts

Posted by alooloo > 2017-06-09 18:53 | Report Abuse

But anything also have both side. If warrant price go up too much like 0.45, then they can sell all warrant and cash out. Later use that cash to buy Insas Share. 0.45 is a good price because that amount could make them gain additional 2% ownership without spending money, compare to exercise the warrant at the end of the day.

TheContrarian

9,256 posts

Posted by TheContrarian > 2017-06-09 18:59 | Report Abuse

They can't buy any more Insas shares without having to make an MGO for all Insas shares. They don't have the financial means to do an MGO.

Toto2009

601 posts

Posted by Toto2009 > 2017-06-09 23:31 | Report Abuse

Nice job Insas for staying above 1.03 and closed at 1.04 today. This week have too many news that hitting the stock markets slightly.
Take a good good rest and next Tuesday to enjoy the Insas showtime ; )

TheContrarian

9,256 posts

Posted by TheContrarian > 2017-06-09 23:47 | Report Abuse

Based on price performance and volume of the warrants today, Insas' shares are expected to fly on Tuesday on huge volume.

Posted by BULL10BEAR10 > 2017-06-10 10:36 | Report Abuse

fly???

Toto2009

601 posts

Posted by Toto2009 > 2017-06-10 10:42 | Report Abuse

I think next Tuesday will be continue to test 1.09-1.1 level

TheContrarian

9,256 posts

Posted by TheContrarian > 2017-06-10 12:14 | Report Abuse

Fly = Terbang.

TheContrarian

9,256 posts

Posted by TheContrarian > 2017-06-10 17:26 | Report Abuse

Fly = Melayang

Yii Shing

101 posts

Posted by Yii Shing > 2017-06-10 20:13 | Report Abuse

Nasdaq drop 113 or 1.8%, Tech stocks maybe follow the trend!

Posted by BULL10BEAR10 > 2017-06-10 20:49 | Report Abuse

berkibar

Posted by BULL10BEAR10 > 2017-06-10 20:50 | Report Abuse

menerbangkan

Toto2009

601 posts

Posted by Toto2009 > 2017-06-10 21:01 | Report Abuse

INARI only about 12% of Insas total business, no worries Yii Shing

Toto2009

601 posts

Posted by Toto2009 > 2017-06-10 21:02 | Report Abuse

Will be good chance to buy in of INARI dropped below 2.00, as Apple announced delayed of iPhone 8 launch due to processor speed issues

TheContrarian

9,256 posts

Posted by TheContrarian > 2017-06-10 21:16 | Report Abuse

Inari only contributes about 1.5 sen to Insas' EPS of 9.99 sen in the last quarter.

Yii Shing

101 posts

Posted by Yii Shing > 2017-06-10 21:32 | Report Abuse

Thanks info!

Posted by RodaImpian > 2017-06-11 02:52 | Report Abuse

Good time to buy in mother next open tuesday? Anyone sifu good advise on this..tq

Posted by BULL10BEAR10 > 2017-06-11 20:59 | Report Abuse

buy

lloydlim

3,967 posts

Posted by lloydlim > 2017-06-11 21:55 | Report Abuse

Time to accumulate!

TheContrarian

9,256 posts

Posted by TheContrarian > 2017-06-12 10:35 | Report Abuse

How will Insas perform tomorrow? Will Insas fly? Will Insas crash? Que sera sera, whatever will be, will be. The future's not ours to see. What will be, will be.

Toto2009

601 posts

Posted by Toto2009 > 2017-06-12 16:33 | Report Abuse

Roda impian, if you are aiming around 20% return for short to mid term perhaps good chance to enter as TP around 1.2-1.25

TheContrarian

9,256 posts

Posted by TheContrarian > 2017-06-12 17:35 | Report Abuse

I bought warrants at prices ranging from 30.5 to 32 sen a few weeks ago before QR, already giving 40% gain.

Toto2009

601 posts

Posted by Toto2009 > 2017-06-12 18:28 | Report Abuse

Warrant is the one giving great leverage ratio, but that's high risk, not my type. I still prefer ordinary shares medium risk, my 2 sen

TheContrarian

9,256 posts

Posted by TheContrarian > 2017-06-12 18:31 | Report Abuse

Leno will be back tomorrow I think, and will rally Insas.

linges

2,689 posts

Posted by linges > 2017-06-12 18:36 | Report Abuse

tomolo

if crash, i buyback...

if fly, will cheer for others :)

TheContrarian

9,256 posts

Posted by TheContrarian > 2017-06-12 18:46 | Report Abuse

linges, I think will fly. If fly I will later explain why I said so.

Posted by Fabien Extraordinaire > 2017-06-12 19:33 | Report Abuse

Posted by TheContrarian > Jun 12, 2017 10:35 AM | Report Abuse

How will Insas perform tomorrow? Will Insas fly? Will Insas crash? Que sera sera, whatever will be, will be. The future's not ours to see. What will be, will be.

Posted by TheContrarian > Jun 12, 2017 06:46 PM | Report Abuse

linges, I think will fly. If fly I will later explain why I said so.


Contrarian..such conviction, u have any insider info?

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