shareholders activism is the only way to unlock Insas value. very unfortunate to come to this measure. would have hope to see management taking actions to reward us shareholders.
waseh ! just came back ... and alredi so many good news ... i can go for 2nd round holiday lor like this .... INSAS CANTEEEEEEEEEEEEEEEEEEEEEEEEEEEEKKK !!! BBye !!
the good news is insas goin to shoot up very soon .... very very UP !! This is based on the fundamental, trend and chart. Rmemember ... the CHART never LIEs ...
10 years ago Insas wasn't an undervalued counter. It has been chiefly Inari's recent sparkling performance that makes Insas today one of the most undervalued counter.
Dear Tanleechoo, I have learned to forgive others and my owe misdeeds, but never forget. Learned something from our past mistake, but never dwell in our past sorrow. Forgive others and ourselves and move forward. Quote from Warren Buffet; “Past is a waste paper, present is a newspaper and future is a questions paper. Come out of your past, control the present and secure the future.” Our two eyes are in fronts for the purpose of looking ahead rather than looking back. 10 years is a long period, I would not think I have the patience for such a long wait. Anyhow I had already opened up another communication channel directly with INSAS BOD (their email address) and will convey the voice of minority shareholders to them. TheContrarian is right to say, “10 year ago Insas wasn’t an undervalue counter. It has been chiefly Inari’s recent sparking performance that make Insas today one of the most undervalued counter” I am prepared to give Dato Sri’ Thong another year to make good of realizing the truth value of INSAS share otherwise I will be very unforgiving come the next AGM. Cheer.
Dear Reno, Good Morning and welcome back, our big sister and chief cheer leader. Yes Insas going to shoot up very soon. Thank you.
hold 5 years ? if bought 50 sen .... now 93 sen .. =43 sen capital gain, plus 1 sen div x 5 years = 5 sen ... and if sell 2 free wa at 30 sen each ... earn 60 sen, Total profit 43+5+60 = RM 1.08 per 50 sen = 216 % ... it is like buy 50 sen ... now share price is RM 1.58 lor ... ; if invest RM 100 k ... now worth rm 216 k lor, if buy pbbank RM 18 ...now should be RM 40 lor .... err ...PBBANK now RM 40 alredi or not ? if Leno put RM 1 million ... now got RM 2.16 million of course, question is how come leno got RM 1 million to invest in insas 5 years ago leh ? Answer is from analabs, leader universal, johorport, kianjoo, cscenic, yspsah, bjtoto,lcth, hingyiap, ..... it's all come down to one thing in common .... intelligent investing. INSAS CANTEEEEEEEEEEEEEEEEEEEEEEKKK !!!
correction ... if invest RM 100 k ... rm 100 k become RM 316 k if invest RM 1 million will become RM 3.16 million ... INSAS CANTEEEEEEEEEEEEEEEEEKKK !!!
Dear Sslee , TQSM for sharing ..I really learn from yr wisdom n thought ! You are v knowledgable and hope u continue to share yr thoughts with us . TQSM again as I feel u really use yr heart to share with us .
I think the return is much less than the 26.7% mentioned after taking into account of the capital you need to fork out for the rps rights issue, besides the capital investment on the mother Insas.
Overall return is stll much better than klci benchmark.
Dear Tanleechoo, Thank you for your kind words. I had to admit that I had learned the hard lessons from my own mistake. I had said before; “Do not be too mean and unforgiving with ourselves, it is always best to learn from other people mistakes but life is such ironic that sometime we need to learn the painful lessons ourselves. Anyhow what did not destroy us will make us stronger.” I had attended my first ever XINGQUAN AGM and come up very angry and disappointed with the arrogant and heartless attitude of CEO and BOD. Not helping is the apathy behavior of External Auditors. That encounter had changed me as I vow to take them on and hold them accountable as I can sense and empathy with the anxiety and suffering of minority shareholders. The quest to fight on and seek the truth and justices for all had taken me to seek helps and given me opportunity to meet with many interesting people that had opened my eyes and thinking. On INSAS, I still believe strongly it is a value buy with very interesting liquid assets play. What lacking is a reasonable dividend payout policy? I had wrote a very private and personal email to Dato’ Sri Thong and Dato’ Dr. Tan trying to influence their behavior and agreed to a formal dividend policy. If all my attempts did not bring the desire result then next year AGM I will prepare a requisition for an EGM under companies act 2016 section 310 and 311 to move and vote on resolutions. 1. To approve a final single tie dividend of __ cents per share in respect of the financial year end 30 June 2018. 2. To approve a formal dividend policy of at least allocating __% of earning per share (EPS) as dividend. All will be welcome to sign up as Co-Requsitors as I need at least 10% of the issued share capital which I think I should be able to get during the AGM. The signed document will then pass to the company secretary at the AGM. I sincerely hope it will never come to this anyhow just be prepared.
Dear leno, To err is human and to forgive is divine. I am sorry to make a typo error on your ID name. Please accept my sincere apology.
count me in .... i can easily contribute 5 millions share for voting .... INSAS CANTEEEEEEEEEEEKKKK !!! But dun count on me forgiving or forgeting calling me reno !! I give u one chance to repent .... next time address me as "leno the most intelligent in the whole world" ...
dun take me seriously ... when ppl start to take me seriously, ... i will become very very .... ... very very ............. INSAS CANTEEEEEEEEEEEEEEEEEEEEEEEEEEEKKK !!!
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Posted by TheContrarian > 2017-12-11 23:09 | Report Abuse
Mr Sslee has put in tremendous pressure on the BOD of Insas and they now have to respond in proper manner.