INSAS BHD

KLSE (MYR): INSAS (3379)

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Last Price

0.99

Today's Change

-0.005 (0.50%)

Day's Change

0.985 - 0.99

Trading Volume

244,200


44 people like this.

45,901 comment(s). Last comment by Income 1 day ago

10bagger10

1,007 posts

Posted by 10bagger10 > 2017-11-21 13:22 | Report Abuse

What if inari increase div payout?

slm7212

1,637 posts

Posted by slm7212 > 2017-11-21 13:25 | Report Abuse

NO LOWEST....ONLY GOT LOWER...

leno

6,155 posts

Posted by leno > 2017-11-21 14:54 | Report Abuse

hahahahah .. dun worri ... insas got leno to support lor ... u all alredi know who is leno ... leno is the most panlai investor mar.... plus leno still got multiple millions to bail out insas lor ... anytime ... INSAS CANTEEEEEEEEEEEEEEEEEKKKKK !!!

slm7212

1,637 posts

Posted by slm7212 > 2017-11-21 16:02 | Report Abuse

JUST WONDER WHEN IT WILL STOP DROPPING....MIGHT JUST BE THE CRASH TAKING PLACE????

alooloo

265 posts

Posted by alooloo > 2017-11-21 16:06 | Report Abuse

lol... follow leno go holland. Don't catch the falling knife. The knife could be sold by leno. She hold a lot so she need someone to buy.

Months ago, fund leaves Bursa Malaysia is a facts. That's why all US stock go up like nobody business. While US, western countries and China tightening and fighting for fund (reduce money), Malaysia still have a good budget for election from Najib.

Even najib himself go US buy boeing, push the boeing share up so much.

Posted by StockKeeper > 2017-11-21 16:22 | Report Abuse

No confidence to average down.

dogdog

56 posts

Posted by dogdog > 2017-11-21 16:37 | Report Abuse

yeah insas fall

alooloo

265 posts

Posted by alooloo > 2017-11-21 16:44 | Report Abuse

Dont average at this time if you already own. Result good, then you will gain back.

Result not good, then u consider want avg down or not. But avg down is not a good move. Must study what cause the mistake.

The financial statements are clear.
IT section gain 78M profits. But biggest sector investment holding and trading -50M.

Keep talking about the INARI worth how much, but that is only part of the INSAS, worth 356M. Investment holding is the one nearly 800M asset and 350M liability.

So, if investment like Bursa keep going down all the way till election, then INSAS will be negative all the ways. INSAS can cash out INARI to fill that hole, but for how long?

leno

6,155 posts

Posted by leno > 2017-11-21 16:45 | Report Abuse

kekekekekek ... mari lah mari ... mari lah beli ... INSAS CANTEEEEEEEEEEEEKKK !!!

dunspace

348 posts

Posted by dunspace > 2017-11-21 18:38 | Report Abuse

if you are selling because this quarter is worst than the previous first quarter, you might else well just sell Insas now, go ahead and follow the herd. The nature of Insas earnings is supposed to be seen from like a 3-year average point of view, do you personally judge your fair value gain and loss yearly?

leno

6,155 posts

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

who selling ? not me ... all INSAS COMRADES here know this quarter is the BEST ! INSAS CANTEEEEEEEEEEEEEEEKKK !!

Posted by StockKeeper > 2017-11-21 19:23 | Report Abuse

Qr Drop 33%

Posted by MsfollowmeTeam > 2017-11-21 19:25 | Report Abuse

Leno still alive?

pathfinder

374 posts

Posted by pathfinder > 2017-11-21 19:39 | Report Abuse

So much for all the hype

TheContrarian

9,253 posts

Posted by TheContrarian > 2017-11-21 19:54 | Report Abuse

ONE sen dividend again!

TheContrarian

9,253 posts

Posted by TheContrarian > 2017-11-21 19:55 | Report Abuse

EPS of 5 sen per quarter is good for a penny counter trading at 90 sen.

LuckyG

1,698 posts

Posted by LuckyG > 2017-11-21 20:12 | Report Abuse

eps per Q 5.95cent is damn good already !

hng33

20,226 posts

Posted by hng33 > 2017-11-21 20:17 | Report Abuse

Absent of adjustment in Inari stake to mark to market price despite stake holding below associate mark 20%. But, Insas still deliver commendable EPS of almost 6sen, valuation is VERY undemanding based on at current price level.

Ooi Teik Bee

11,405 posts

Posted by Ooi Teik Bee > 2017-11-21 20:18 | Report Abuse

FA report is damn good, however, the stock price cannot perform.
Not 1 year, 2 years cannot perform, all the times cannot perform.
A very sad story to tell.

Thank you.
Ooi

hng33

20,226 posts

Posted by hng33 > 2017-11-21 20:22 | Report Abuse

As expected, Inari contribute about 30% net profit to Insas, deliver RM 13.4m based on Insas about 20% stake holding in Inari, continue accounting profit to insas

ivan9511

3,854 posts

Posted by ivan9511 > 2017-11-21 20:24 | Report Abuse

insas will down ? why ?
when I see they announced 1 sen dividend I already no need to see the report.
already so many years one sen dividend .
I also quite angry why untung so much many years 1% dividend yield .if put in bank 4% .
IF put in amfirst 6%
SO I will change this to amfirst counte
bye bye insas you eat yourself

hng33

20,226 posts

Posted by hng33 > 2017-11-21 20:30 | Report Abuse

Let's see tomorrow share perform, to see whether its value trap or not.

dogdog

56 posts

Posted by dogdog > 2017-11-21 20:32 | Report Abuse

rubbish counter

TheContrarian

9,253 posts

Posted by TheContrarian > 2017-11-21 20:50 | Report Abuse

I don't think it will move much tomorrow since dividend is still a mere ONE sen. Does Thong know one sen coin no longer legal tender?

apolloang

18,163 posts

Posted by apolloang > 2017-11-21 20:59 | Report Abuse

profit down tomoro below 90cts

kingcobra

2,772 posts

Posted by kingcobra > 2017-11-21 21:01 | Report Abuse

what a thong!

TheContrarian

9,253 posts

Posted by TheContrarian > 2017-11-21 21:07 | Report Abuse

Profit up quarter on quarter. Year on year lower because last year there was gain on disposal of Inari shares.

uptrending

1,852 posts

Posted by uptrending > 2017-11-21 21:09 | Report Abuse

Try to frustrate everyone so that can take it private cheap cheap......

It's finger licking good ! Tasty !

hehe !

klkk

294 posts

Posted by klkk > 2017-11-21 21:16 | Report Abuse

Can someone please enlighten me, why Inari can fetch RM2.85 with qtrly EPS 3.41sen only and NTA RM0.45 only; but Insas have to struggle at RM0.91sen with qtrly EPS 5.95sen and NTA RM2.41?
Common major shareholders and common directors in both companies!

Posted by StockKeeper > 2017-11-21 21:18 | Report Abuse

because the 1 sen dividend

klkk

294 posts

Posted by klkk > 2017-11-21 21:21 | Report Abuse

Normal market force? Manipulation? Price suppression? Or just sheer unlucky that such a good stock 'forever' get no attention from the market?

apolloang

18,163 posts

Posted by apolloang > 2017-11-21 21:28 | Report Abuse

inconsistent earnings....sometimes good somes bad,that's why the stock is like a yoyo

Muthusamy

811 posts

Posted by Muthusamy > 2017-11-21 21:36 | Report Abuse

Result is very good.

Muthusamy

811 posts

Posted by Muthusamy > 2017-11-21 21:40 | Report Abuse

this ah thong veli veli KIAMSIAP one leh. FOR HEAVEN'S SAKE, please be more genorous.

apolloang

18,163 posts

Posted by apolloang > 2017-11-21 21:43 | Report Abuse

profit down more than 30%,mana very good? very bad lah

Tom

2,984 posts

Posted by Tom > 2017-11-21 21:52 | Report Abuse

Company gives shareholders one peanut skin annually, lol

fly_high

50 posts

Posted by fly_high > 2017-11-21 21:58 | Report Abuse

1c dividend I can also easily find one the road side lar...lol

TheContrarian

9,253 posts

Posted by TheContrarian > 2017-11-21 22:04 | Report Abuse

Hopefully Mr Sslee will bring up matter on low dividend on Thursday's AGM.

apolloang

18,163 posts

Posted by apolloang > 2017-11-21 22:09 | Report Abuse

dato thong said profit down so 1 ct will do lah.he didn't give 0.005cts alsready give face......hahahaha

Posted by StockKeeper > 2017-11-21 22:10 | Report Abuse

Do you think the management don't know low dividend? Don't hope it will happen

Sslee

5,998 posts

Posted by Sslee > 2017-11-21 22:16 | Report Abuse

Dear Mr. Ooi Teik Bee,
I repost: “ FA report is damn good, however, the stock price cannot perform.
Not 1 year, 2 years cannot perform, all the times cannot perform.
A very sad story to tell. “

Do not be too hard on yourself that one of your recommendation INSAS did not performed as expected even though all FA indicators are super positive.
The story did not end with the Q1 result or will end tomorrow because there is the AGM coming on the day after tomorrow. We still have time to prepared our-self with thought provoking and at the same time passionate with convincing arguments to ask for reasonable dividend and support from BOD on how to strengthen INSAS share market price. Thus help in writing how this story will progress.
I will be there with my prepared questions please wish me luck
Thank you

Halite

8,633 posts

Posted by Halite > 2017-11-21 22:16 | Report Abuse

hng33

whether it is associate or investment securities, fair value adjustment is already done for the shares holding and marked up to market value . the disposal of associate can be a loss or gain , the initial 55 sen does not apply any more


hng33 : Absent of adjustment in Inari stake to mark to market price despite stake holding below associate mark 20%. But, Insas still deliver commendable EPS of almost 6sen, valuation is VERY undemanding based on at current price level.

TheContrarian

9,253 posts

Posted by TheContrarian > 2017-11-21 22:46 | Report Abuse

Halite, hng33 is correct.

TheContrarian

9,253 posts

Posted by TheContrarian > 2017-11-21 22:47 | Report Abuse

Mr Sslee, we are counting on you.

uptrending

1,852 posts

Posted by uptrending > 2017-11-21 22:48 | Report Abuse

As an associate of Insas and with the equity accounting method, the carrying value of Insas 's investment in Inari as at 30th June 2017 is RM176,667,000 as reported in the Annual Report 2017. Insas holds approx 402 million Inari shares, the carrying value per Inari share is about 44 sen only.

Every 1000 Insas shares indirectly own approx 600 Inari shares.

uptrending

1,852 posts

Posted by uptrending > 2017-11-21 23:02 | Report Abuse

For easy ref.
FY..... 2017.....2016......2015.....2014.....2013
EPS...27.3......11.67.....13.73.....24.1.....9.14
NTA....2.34......2.04.......1.91......1.80.....1.54

EPS in double digits. 5 years aveage EPS=15.4

newbie92

418 posts

Posted by newbie92 > 2017-11-21 23:04 | Report Abuse

No matter what the eps, this counter still useless.
RUn !!!!

Sslee

5,998 posts

Posted by Sslee > 2017-11-21 23:10 | Report Abuse

Dear all.
Refer page 109.
ASSOCIATE COMPANIES
Quoted share in Malaysia at cost: 118,959,000
Market value of quoted share in Malaysia: 885,148,000.
This is tefer too Inari and Ho hup market price at end june 2017.
Thank you

spagetti

21 posts

Posted by spagetti > 2017-11-21 23:22 | Report Abuse

yes, deeply undervalue, but investor don't like because can see but cannot eat.

spagetti

21 posts

Posted by spagetti > 2017-11-21 23:23 | Report Abuse

nta increase again to 2.41 per share, more undervalue.

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