Posted by TheContrarian > 2017-10-11 19:08 | Report Abuse

Assuming full exercise of warrants the NTA per share will be reduced from RM2.30 to RM1.92 as follows [2.30+2/5 of 1.00] / 1.40 = 1.92.

Posted by TheContrarian > 2017-10-11 19:10 | Report Abuse

The above NTA per share of RM1.92 does not take into account of the potential RM800,000,000 fair value gain on Inari shares.

Posted by TheContrarian > 2017-10-11 19:25 | Report Abuse

If you own any Insas shares you MUST QUICKLY SELL. Do not delay further. Hahahaha.

Posted by joetay > 2017-10-11 19:36 | Report Abuse

lucky i holding inari, no need to sell yet.

lol.........

Posted by funitec > 2017-10-11 19:50 | Report Abuse

Contrarian: why should we sell? Please tell the reason. I do not understand at all.
To me INSAS is a Very Valueable Company,to have in portfolio.Where to find EPS of 27cents P/E of 3.57, ans Tangible assets of Rm 2.34.???
Where? You Got Kang Thau? Cash of 578/693= 83 cents.
My dear Friend: You are buying at less than Rm1.00 mean its almost FREE!
No need to gamble; just invest in VALUABLE Shares.

Posted by TheContrarian > 2017-10-11 19:57 | Report Abuse

joetay, you are very lucky KWAP and EPF are outdoing each other to accumulate Inari shares.

Posted by NoEmo > 2017-10-11 21:46 | Report Abuse

Bear failed miserably again to breakout below 965. Bull is regaining the control from now onwards till the next corrective wave.

Posted by danny123 > 2017-10-12 10:25 | Report Abuse

sleeping stock, 0.80 cents coming

Posted by Kranken X > 2017-10-12 12:36 | Report Abuse

earnings is not attracting people to invest..buy back might solve this

Posted by TheContrarian > 2017-10-12 13:21 | Report Abuse

Cannot do share buy back because Thong owns 32.9%. Will trigger MGO.

Posted by posby > 2017-10-12 13:38 | Report Abuse

trigger MGO.. 50% from NTA also got 1.10

Posted by kingcobra > 2017-10-12 14:30 | Report Abuse

going nuts ...

Posted by TheContrarian > 2017-10-12 14:38 | Report Abuse

Thong no cash, can't afford to trigger MGO.

Posted by TheContrarian > 2017-10-12 14:59 | Report Abuse

Bought some warrants today @ 37 sen.

Posted by linges > 2017-10-12 15:08 | Report Abuse

:)

Posted by TheContrarian > 2017-10-12 15:09 | Report Abuse

Where's Leno?

Posted by Angel of KLSE 大马股仙 > 2017-10-12 18:59 | Report Abuse

if next quarter result no good i fall down from heaven into hell!

Posted by PenguinDad > 2017-10-13 07:45 | Report Abuse

Hohup call for right issue.

Posted by TheContrarian > 2017-10-13 08:17 | Report Abuse

Hohup rights issue called off.

Posted by leno > 2017-10-13 09:04 | Report Abuse

got few races back to back .... first one champion. second race top 10 open ... and third one coming soon .... wish all COMRADES all the BEST ... INSAS CANTEEEEEEEEEEEEEEEEKKK !!

Posted by TheContrarian > 2017-10-13 11:26 | Report Abuse

Today someone throwing at blocks of 100,000 shares. Is that you, Leno?

Posted by TheContrarian > 2017-10-13 11:43 | Report Abuse

Someone now is buying back in blocks of 100,000 shares.

Posted by TheContrarian > 2017-10-13 11:44 | Report Abuse

Looks like left pocket to right pocket.

Posted by latlut > 2017-10-13 11:45 | Report Abuse

yes thecon sifu.. everyday also like that. left to right. dowan to bother much anymore.

Posted by TheContrarian > 2017-10-13 11:59 | Report Abuse

This means they are trying to draw out the stale bulls and weak holders.

Posted by dunspace > 2017-10-14 13:29 | Report Abuse

understand equity method of accounting and hold without worries~

Posted by pasanglang > 2017-10-16 10:31 | Report Abuse

http://www.thestar.com.my/business/business-news/2017/10/07/is-yilais-privatisation-offer-price-attractive/

Yi-Lai’s management team is headed by independent non-executive chairman Datuk Wong Gian Kui. The 57-year-old Wong, an accountant by profession, was appointed to the board as independent non-executive director on Aug 11, 2015. He later assumed the chairman’s post in February, last year.
Read more at http://www.thestar.com.my/business/business-news/2017/10/07/is-yilais-privatisation-offer-price-attractive/#7USQ7b4LrzuqXrpT.99

Wong Gian Kui profile
Board Members Memberships*
1992-Present
Non Independent & Non-Executive Director
Insas Berhad
2010-Present
Executive Director
Inari Amertron Berhad
2015-Present
Independent Non-Executive Chairman
Yi-Lai Berhad
2017-Present
Executive Director
Ho Hup Construction Company Berhad

Wong Gian Kui privatised Yilai.
Would he influence Insas to do the same?

Posted by TheContrarian > 2017-10-16 11:39 | Report Abuse

Insas CANNOT be privatised because it has a stockbrokering subsidiary.

Posted by TheContrarian > 2017-10-16 11:55 | Report Abuse

Inari now up 8 sen @ 2.73. Every one sen up gives Insas RM4.000,000 gain.

Posted by lawk > 2017-10-16 14:27 | Report Abuse

waooo.. do u think thong will sell some inari share like last week did and give dividend to insas share holder?? :D.. am i think too much?

Posted by pasanglang > 2017-10-16 15:10 | Report Abuse

Insa laii liao

Posted by TheContrarian > 2017-10-16 15:23 | Report Abuse

Even without selling Inari shares, Insas has over RM500,000,000 cash at bank and in FD.

Posted by Kranken X > 2017-10-16 15:56 | Report Abuse

RM1 also take prisoner

Posted by kingcobra > 2017-10-16 15:59 | Report Abuse

at last touching 1.00 again............

Posted by Oreo Oreo > 2017-10-16 16:02 | Report Abuse

yeah,after few weeks,touching 1 AGn,hope this time can maintain above 1

Posted by TheContrarian > 2017-10-16 16:03 | Report Abuse

Inari now 11 sen up @ 2.76. RM44,000,000 gain to Insas.

Posted by linges > 2017-10-16 16:04 | Report Abuse

:))

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

Wah, linges smiling!

Posted by lawk > 2017-10-16 16:28 | Report Abuse

TheContrarian, we know he dont want to spend this RM500,000,000. so thinking extra cash he would be use for dividend. :p

Posted by TheContrarian > 2017-10-16 16:43 | Report Abuse

I think the RM500,000,000 has gone up to RM580,000,000 by 30th June 2017. Anyway to pay 1% dividend merely requires less than RM7 million. Paying 10% dividend does not exceed RM70 million.

Posted by MoneyFace88 > 2017-10-16 19:10 | Report Abuse

If Insas boss don’t want to pay you what can you do ? All major shareholders are cunning just think of themselves , good thing share with you meh

Posted by TheContrarian > 2017-10-16 19:38 | Report Abuse

Someone once pointed out that Insas and Inari have same bosses. If Inari can pay dividends every quarter, why can't Insas emulate Inari? This is a question Mr Sslee can ask at the AGM next month.

Posted by Fabien Extraordinaire > 2017-10-16 20:29 | Report Abuse

Based on today;s Inari market cap, Insas stands to gain RM1.32/share.

Market value of Inari/ Insas share = RM1.53, way above it's current share price.

Inari is indeed a gold mine to Insas.

Posted by Fabien Extraordinaire > 2017-10-16 20:31 | Report Abuse

Insas latest NTA is 2.03 + unrealised gain in Inari holdings RM1.32 = RM3.56

Let's say 50% discount, u should get RM1.78

Buy, hold or sell - it's your call

Posted by I LOVE Hengyuan, SEXY BABE RM21 > 2017-10-16 21:17 | Report Abuse

So what. Thong don't give a damn. He says no up, insas no up OK! Don't have sexual illusion here!

Posted by Davis > 2017-10-16 22:07 | Report Abuse

Tomorrow up up ga yau ga yau

Posted by 3101575000 > 2017-10-16 23:01 | Report Abuse

Uptrend ha ha ha!

Posted by StockKeeper > 2017-10-16 23:14 | Report Abuse

1 day show only? Hope tomorrow can continue up.

Posted by linges > 2017-10-17 09:21 | Report Abuse

As usual one day..hmmm

Posted by linges > 2017-10-17 09:21 | Report Abuse

Unless Inari back to green