Dear Tortise99, I bought my first 10,000 INSAS share on 31/1/2017 at RM 0.775 after reading Focus Malaysia article on undervalue stocks. Since then I had been accumulating the share every time INSAS report an increasing quarterly profit. My last buy is on 27/12/2017. I still hold Bplant, Cscsteel for dividend stocks and Masteel, Leonfb, Denex, Bjland, L&G and Mycron for trading purpose. Last year I make a moderate gain of 73K after cut loss on my red chip companies Maxwell and CSL. I will not buy any red chip Stocks anymore. Lesson learned. It is my hope that INSAS will be a dividend stock too and I shall continues pressurize Dato’ Sri Thong to give better dividend.
Insas has some similarities with Kuchai in holding quality stock,very low dividend,good balance sheet, cash rich, undervalued and ignored by the fund managers. Don't give up hope in Insas.
yeah, leno, don share. Those who believe in Insas will still believe in Insas. Those who don believe in it will always curse it. As long as we know that we are going to be rich soon. Insas Cantek. No need RM 3, Rm 2++ is enough for me. :)
Insas will never go up by RM1 or RM2 a day. If you want to make RM1 - RM2 daily, go try your luck with Hengyuan. What is certain is Insas will not fall by more than RM1 today or any day.
Dear all, Extract from INSAS Q1 financial report. INSAS Financial position as at 30 Sept 2017: Non-current assets: RM 754,669,000 Current assets: RM 1,481,149,000 Non-current liabilities: RM 232,668,000 Current liabilities: RM 398,751,000 Cash and cash equivalents: RM 335,755,000 If net cash is define as current Assets minus total liabilities: Net cash = RM (1,481,149,000 – 232,668,000 - 398,751,000) = RM 849,730,000 The Star Newspaper report net cash as RM 1,123,932,000 as at Dec 2017. A remarkable increase of RM 274,201,000 from 30 Sept position to 31 Dec 2017, if the news is true? Can it be the current assets (quoted shares) mark to market increase by so much? And where did the star reporter get this insider information when Q2 financial report is not yet release to public? Lately there are many fake or irresponsible reporting causing violent fluctuations in Hengyuan share price. Are we still taking pride of our work? Are those in position of reporting and editing still hold on to the truth, the whole truth and nothing but the truth? Anyhow the interim dividend of 1 cent Ex date 20 Jan 2018 and payment date 21 Feb 2018. I am grateful to receive the dividend and will continuous asking for more as everyone know INSAS is cash rich and undervalue. Thank you.
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Posted by Sslee > 2018-01-12 08:50 | Report Abuse
Dear Tortise99,
I bought my first 10,000 INSAS share on 31/1/2017 at RM 0.775 after reading Focus Malaysia article on undervalue stocks. Since then I had been accumulating the share every time INSAS report an increasing quarterly profit. My last buy is on 27/12/2017. I still hold Bplant, Cscsteel for dividend stocks and Masteel, Leonfb, Denex, Bjland, L&G and Mycron for trading purpose. Last year I make a moderate gain of 73K after cut loss on my red chip companies Maxwell and CSL. I will not buy any red chip Stocks anymore. Lesson learned.
It is my hope that INSAS will be a dividend stock too and I shall continues pressurize Dato’ Sri Thong to give better dividend.
Thank you