Posted by dunspace > 2017-11-14 18:43 | Report Abuse

How does the ''pledged'' works? Force selling could make a lot of sense on why the warrant is leading the mother share, warrant goes down 5% before mother share even goes down. However, I do not think there are such a thing as force selling right?

Posted by StockKeeper > 2017-11-14 19:35 | Report Abuse

After 3 years Force selling?

Posted by kny123 > 2017-11-14 20:08 | Report Abuse

Selling warrant to get cash for inari recent esos?

Posted by Eukansoft > 2017-11-14 20:27 | Report Abuse

Do not make blind guesses, the holders of warrants are as follows:

Total warrants 265,202,536
==========

Thong Kok Khee 86,319,570
Yeoh Kwee See 86,317,570
Thong Kok Yoon 29,358,230
Related parties 29,709,540
----------------
231,704,910 87.37%
==========

Minority holders 33,497,626 12.63%

And TKK has been selling mother shares recently. Why did he sell? You need to guess what's in his mind. If you guess it right and follow his steps, you will make big money.

Posted by TheContrarian > 2017-11-14 20:27 | Report Abuse

If an individual borrows to buy, the securities whether shares or warrants are pledged to the lender. If market price one day falls to below your purchased price there will be margin call to top up the shortfall. If you can't top up there will be forced selling.

Posted by kingcobra > 2017-11-14 20:46 | Report Abuse

apa dah jadi?????????tons of tong sampah dok jual saham walaupun harga jatuh...pelik betul ini tong sampah!INSAS BOLIH!!!!!

Posted by TheContrarian > 2017-11-14 21:17 | Report Abuse

Eukansoft, you are double counting on the warrant holdings and TKK didn't sell a single share, he merely sold warrants registered in his name.

Posted by TheContrarian > 2017-11-14 21:19 | Report Abuse

TKK still has indirect interest in 83.4 million warrants (31.45%) via companies controlled by him.

Posted by StockKeeper > 2017-11-14 21:46 | Report Abuse

Tmr all out

Posted by slm7212 > 2017-11-15 09:03 | Report Abuse

90 cents??

Posted by slm7212 > 2017-11-15 09:04 | Report Abuse

or 80 cents?

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

What's with the sharp decline?

Posted by slm7212 > 2017-11-15 09:14 | Report Abuse

Q3 bad performance...

Posted by StockKeeper > 2017-11-15 09:34 | Report Abuse

Today will drop how many?

Posted by Alkwong > 2017-11-15 09:37 | Report Abuse

Insas now 0.92. This is what happens when a public listed company is run like a private limited company. You can fool some of the people with the hype of an undervalued counter some of the time, but not all of the people all of the time. People as beginning to realize that constantly talking up Insas as undervalued is like beating a dead horse - it just won't gallop. Management is to blame for this.

Posted by slm7212 > 2017-11-15 09:37 | Report Abuse

80 cents can collect??

Posted by insulter > 2017-11-15 09:42 | Report Abuse

sold, hit the cut loss point already, thong sold all his share before quarter , something is brewing bad

Posted by pathfinder > 2017-11-15 09:52 | Report Abuse

The insas directors should do something to stop the fall of the share price. They have the resources, they should do a buy back. What's the point in allowing your share price to fall? What's the point in having a low pe ratio of 3.6?

Posted by leno > 2017-11-15 09:55 | Report Abuse

just collect more at 92.5 sen .... INSAS CANTEEEEEEEEEEEEEEEEKKK !!! HAHAHAHAHAH ... dun worri ... be happiii ..... YAM SENGGGGGGGGGGGGGGGGGG !!

Posted by leno > 2017-11-15 09:56 | Report Abuse

inari above RM 2.50 ... omesti above 50 sen ... dgsb above 6 sen ... do i need to worri about insas ? HAHAHAHAHAHAHAH ... worri about wat ? worri become too rich ? INSAS CANTEEEEEEEEEEEEKKK !!

Posted by dunspace > 2017-11-15 09:58 | Report Abuse

anyone can explain why Mr.Thong still has the same indirect interests in Insas despite selling roughly 0.7% of his warrants?

Posted by leno > 2017-11-15 09:59 | Report Abuse

good director no give damn about share price lor ... they BUSY managing company portfolio lor ... share price is market driven mar ... only CONMAN director worri about share price lor ... INSAS CANTEEEEEEEEEEEEEKKKK !!

Posted by hng33 > 2017-11-15 10:03 | Report Abuse

bought insas wb at 29sen

Posted by leno > 2017-11-15 10:04 | Report Abuse

if u got 10 million shares and 1000 warrant ... u sell off 7 warrant (0.7% of his warrant) .. initital indirect 10,001,000 ... after sold 10,000,993 .... 7/10,001,000 = 0.00000...% changes ... because indirect is included the direct share also mar ... INSAS CANTEEEEEEEEEEEEEKKK !!!

Posted by Kranken X > 2017-11-15 10:04 | Report Abuse

they just show vengence..the ocean 11..made believe that we can rob vegas with of pe of 3.3

Posted by slm7212 > 2017-11-15 10:05 | Report Abuse

no hope...better cut loss...

Posted by leno > 2017-11-15 10:06 | Report Abuse

i cannot comment on warrant ... warrant is beyond my expertise ... hahahaaa ... actually i am veri expert in calculation ... but too lazi to calculate .... why wan to climb up tree to pick durian .. easi to collect after it fall down mar ... INSAS CANTEEEEEEEEEEEEEKKK !!

Posted by mani_cum > 2017-11-15 10:06 | Report Abuse

many stupid fool

Posted by leno > 2017-11-15 10:08 | Report Abuse

tat's the beauty of stock market ... if not many fools ... how to make money leh ? INSAS CANTEEEEEEKKK !!

Posted by ttwong > 2017-11-15 10:13 | Report Abuse

deep value asset play need times. the beauty of deep value asset play is that you don't need to think hard to time the market or time when earnings going to be good, buy on weakness, slowly accumulate and one fine day, you will be rewarded. i am sure one fine day, the major shareholder want the reward too..

Posted by leno > 2017-11-15 10:16 |

Post removed.Why?

Posted by pathfinder > 2017-11-15 10:21 | Report Abuse

The directors must do something. They have the resources. They can easily do a sucessful and profitable buy back. There is no logic in standing aside and letting the share price pulmet. No doubt, we as shareholders will lose but so would you, in monetary terms and importantly in reputation.

Posted by 3101575000 > 2017-11-15 10:24 | Report Abuse

Leno pandai! I also want to buy more but no more spare cash！

Posted by leno > 2017-11-15 10:26 | Report Abuse

why must director do anything ... director main responsible is to make the company perform better, earn high profit ... full stop. For eg. car company director responsiblitiy is to make good car ... if they produce super quality car and owner wan to sell cheap cheap ... that is the owner problem. I am insas owner ... i dun sell cheap cheap ... i even welcome more owner to sell cheap cheap to me. That's should be our mindset. INSAS CANTEEEEEEEEEEEEEEKKK !!!

Posted by insulter > 2017-11-15 10:27 | Report Abuse

pathfinder, i dont think thong will do a buy back, in fact, he may try to move the insas cash out to another company, if he want to reward the share holder, he will declare dividen earlier, in short insas not looking good, especially before qr out

Posted by leno > 2017-11-15 10:28 | Report Abuse

No spare cash ... then dun do anything. Just wait. For eg ... u own BMW ... ppl offer to buy cheap cheap ... u wan to sell aaaa ? after sell cheap cheap ... u then go buy proton sawi aaa ? because u hear someone say over value low quality car can make fast money ? HAHAHAHAHAH ... stay cool .... stay rileks babe ... dun worri ... INSAS CANTEEEEEEEEEEEEEEEEEKKK !!

Posted by hng33 > 2017-11-15 10:29 | Report Abuse

Accumulatied more insas-wb at 29sen

Posted by GGecko > 2017-11-15 10:30 | Report Abuse

29 c for son is attractive, but i think will b down a little bit more b4 rebounding

Posted by leno > 2017-11-15 10:31 |

Post removed.Why?

Posted by GGecko > 2017-11-15 10:33 | Report Abuse

Canteeek..

Posted by leno > 2017-11-15 10:33 | Report Abuse

okie .... i got to go to gym liaw ... see ya'll in afternoon session ... trust leno ... INSAS CANTEEEEEEEEEEEEEEEEKKKK !!

Posted by Eukansoft > 2017-11-15 11:00 | Report Abuse

The Contrarian. I suspect so. Thank you. That’s the reason I didn’t pose it out in the first instance. We must say something with facts and figures. My friends told me that TKK sold his shares which I did not verify. Can you help to put up the right figures so that others without the means can benefit. I hate to read all those long and meaningless pledges of good governance to which management only pay lip service. Reading the reports in PDF formats hurts my eyes and I would try to avoid doing it by all means. Why the question is important: “What control procedures are in place to ensure that fully depreciated motor vehicles are sold at their full market value?”. This is because in normal practice a fully depreciated asset is maintained in the accounts at book value of just RM1.00 even though its market value can be tens of thousand ringgit. So if it is sold at RM0.00, no significant loss is reported and miss the attention of shareholders. This is a fatal control risk considering the fleet of motor vehicles cost Insas hundreds of million ringgits.

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

by the way of the trend, looks like both the mother and son going back to the 52 weeks lowest price 68 cents and 16 cents...

Posted by titus > 2017-11-15 14:07 | Report Abuse

huh??.....bo chau ccccc ah???

Posted by kevin5059 > 2017-11-15 14:40 | Report Abuse

If Mother hit Rm0.88 and son hit around Rm0.28. Just dump everything you have and buy. When Insas at 40sen/50sen, ppl keep saying it is expensive, wait it drop, now drop d, then say report surely not good la, management lousy la. Then when you want to buy it?? Now you don buy, later you don cry....

Posted by hng33 > 2017-11-15 14:58 | Report Abuse

Insas already pare down Inari stake to below 20% stake after disposed another 5m volume share in 29 sept (record on 3 Oct). THEREFORE, Insas stake in Inari MUST remeasure based on profit and loss, as its status now change from associate (>20%) to (<20%) investment securities.

Such re-measurement also happen in bursa another stock, eg, Bjcrop divest bjauto to below 20%, resulted HUGE off gain as initial holding cost is much lower , while other stock such as Mulpha divest Mudajaya also below 20%, but, re measurement resulted one off HUGE loss as initial holding cost is much higher

Insas holding cost in inari is estimate about 55sen/share, therefore, re-measurement will record MASSIVE ONE OFF GAIN estimate about RM 900m in coming q result or estimate measurement gain RM 1.30/share (ending sept)

Remark: no tax incur as stake is still holding until disposal

Posted by latlut > 2017-11-15 15:28 | Report Abuse

aiyoyo.. why drop so much..

Posted by GGecko > 2017-11-15 15:46 | Report Abuse

thumbs up

Posted by TheContrarian > 2017-11-15 15:48 | Report Abuse

Insas selling Inari no tax at all.

Posted by TheContrarian > 2017-11-15 15:50 | Report Abuse

latlut, someone kena forced selling.