INSAS BHD

KLSE (MYR): INSAS (3379)

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Last Price

0.995

Today's Change

-0.005 (0.50%)

Day's Change

0.99 - 1.00

Trading Volume

358,800


44 people like this.

45,901 comment(s). Last comment by Income 19 hours ago

zoozooka

292 posts

Posted by zoozooka > 2018-03-12 16:44 | Report Abuse

everyday pun cantek

Posted by StockKeeper > 2018-03-13 13:19 | Report Abuse

Where is the minutes?

TakeProfits

1,229 posts

Posted by TakeProfits > 2018-03-14 14:30 | Report Abuse

Oay, 52 week range us 0.865 to 1.14!! You all call this cantek. Humbodireder!! Dividends also not good. Capital.growth is close to NIL. You call this one Camden arh. Wait for long time to make a few cents. Better look at other more promising stocks. Go tit tut lar. Haha. Rak tak rak

TakeProfits

1,229 posts

Posted by TakeProfits > 2018-03-14 14:30 | Report Abuse

This is lousy shit stock..stay away..

kevin5059

933 posts

Posted by kevin5059 > 2018-03-14 14:44 | Report Abuse

Accidentally bought at 0.265 again... never realize i set 0.265 one week ago and today got matched. haha.

Posted by StockKeeper > 2018-03-14 16:45 | Report Abuse

when can convert the warrant?

kevin5059

933 posts

Posted by kevin5059 > 2018-03-14 17:20 | Report Abuse

you can convert the warrant anytime you want Stockeeper. Just matter of worth it or not only. Just ring your remisier and arrange. lol.

alooloo

265 posts

Posted by alooloo > 2018-03-15 15:57 | Report Abuse

Leno selling?

uptrending

1,852 posts

Posted by uptrending > 2018-03-16 08:40 | Report Abuse

Warrant conversion price is rm1, conversion ratio 1:1

Only insane people will convert at the current share price below rm1 or when the warrant has a hefty premium..

alooloo

265 posts

Posted by alooloo > 2018-03-16 11:34 | Report Abuse

well, it is just less than 2 years before warrant expired. But still many bought with 45% premium to current price.

Warrant have expiry date, the closer to the date, the premium will go nearer to 0. Remember it is 2020.

linges

2,689 posts

Posted by linges > 2018-03-17 04:31 | Report Abuse

WB - assuming 1% premium drop for each month approaching the expiry...now the premium should around 20-25% only..

but for who confident that mother which reach the intrinsic value in less than 23 months, then 40 % premium is very very cheap..

My 2cent :)

dunspace

348 posts

Posted by dunspace > 2018-03-17 09:00 | Report Abuse

WB - speculative play
Mother- Fundamental value investing.

dunspace

348 posts

Posted by dunspace > 2018-03-17 09:02 | Report Abuse

Dear SSLEE,

Any idea who is Shirley Chow and what's her position in Insas?

Jarklp

175 posts

Posted by Jarklp > 2018-03-17 10:53 | Report Abuse

it is cheaper to takeover after the warrants expire...

dunspace

348 posts

Posted by dunspace > 2018-03-17 18:25 | Report Abuse

@jark, yes, even if u assume warrant is ATM

TakeProfits

1,229 posts

Posted by TakeProfits > 2018-03-18 19:32 | Report Abuse

Lousy stock..fellas. Don go haywire cos from 88c to 91c. Dividends a pittance , real kiam sat dividends and HARDLY any capital gains upwards movements that make your hairs go up on ends!!
Don't waste time in this Lowyah stock. Haha. Tit tut. Rak tak tak

Tamingsari

110 posts

Posted by Tamingsari > 2018-03-19 10:03 | Report Abuse

TakeProfits, agree with you.

CAF-POW

202 posts

Posted by CAF-POW > 2018-03-19 14:44 | Report Abuse

Hypnotically, Isn't the for benefit of big shareholders that subscribed to the wb rights issue, that wb to be 'in the money' so, that they can convert and increase their shareholding in INSAS later?

Sslee

5,983 posts

Posted by Sslee > 2018-03-19 19:36 | Report Abuse

Dear dunspace,
Sorry for the late reply as I was not looking at i3 INSAS comments for the past few days.
Ms. Chow Yuet Kuan and Ms. Lau Fong Siew are both Company Secretaries. I met both of them during the AGM. Ms. Lau gave me her name-card but Ms. Chow told me she did not bring her name-card.
Any luck in communicating with Mr. Koon Yew Yin?
Thank you

Jarklp

175 posts

Posted by Jarklp > 2018-03-20 00:13 | Report Abuse

@CAF-POW, my guess...I could be wrong.
1. Say DS Thong has the intention to takeover, he will not do anything that could potentially increase the share price like paying a higher dividend. He may end up offering a higher takeover price later. He will wait till the warrants expire so that he doesn't have to offer the 2/3 wb that he does not own, this will make him a few hundred millions richer.
2. If he has no intention to takeover, and if the mother share price goes up, he may get diluted or he can convert his warrants to maintain his holdings, but this may trigger MGO given his current interest in the company. He needs to manage it properly. I don't think this is a big problem for him.
3. If he as an insider sells some warrants or shares to avoid MGO, the share price is likely to drop.
4. Alternatively, he keeps the cash in the company to "sapu" some companies after the election?

So, if I were him, I just wait, do nothing and keep all my options open. We need some heavy weight investors to join the party and rock the boat, otherwise we just wait for two years or go "kacau" at the AGM ... LOL.

moronrun

16 posts

Posted by moronrun > 2018-03-20 04:52 |

Post removed.Why?

dunspace

348 posts

Posted by dunspace > 2018-03-20 07:36 | Report Abuse

@Sslee,

No luck in communicating with KYY. However, Ms Lau did reply my email by forwarding it to Ms Chow.

Posted by kingkenny > 2018-03-20 12:03 | Report Abuse

nice analysis @housaileitrader, thx for sharing

kevin5059

933 posts

Posted by kevin5059 > 2018-03-20 14:10 | Report Abuse

She looked hot HouSaileiTrader, hahaha. Not sure Insas will soon as cantek as her or not. haha

TheContrarian

9,252 posts

Posted by TheContrarian > 2018-03-20 18:38 | Report Abuse

Selina Tam is male!

joetay

3,737 posts

Posted by joetay > 2018-03-20 18:51 | Report Abuse

bro thecontrarian, u still holding insas????

TheContrarian

9,252 posts

Posted by TheContrarian > 2018-03-20 19:47 | Report Abuse

Only have warrants, sold all the shares last year at prices ranging from 1.06 to 1.10. But waiting to buy at the right time.

zoozooka

292 posts

Posted by zoozooka > 2018-03-20 19:54 | Report Abuse

DS Thong will eat KYY alive la

a small pond like insas doesnt allow two crocodiles

joetay

3,737 posts

Posted by joetay > 2018-03-20 20:37 | Report Abuse

good on u, bro thecontrarian.

same here, i have pared down my inari to a very small position to get the free warrants.

OPMS

1,183 posts

Posted by OPMS > 2018-03-20 22:50 | Report Abuse

inari up up up, insas stagnant.. inari down, insas down.. lol

joetay3

2 posts

Posted by joetay3 > 2018-03-22 20:50 | Report Abuse

1 sen dividend should worth less ie 70 sen. Why pay so high?

PenguinDad

1,729 posts

Posted by PenguinDad > 2018-03-23 09:13 | Report Abuse

50sen is coming!

3101575000

558 posts

Posted by 3101575000 > 2018-03-23 13:49 | Report Abuse

Can't be 50sen! If u sell ,I spu all

alooloo

265 posts

Posted by alooloo > 2018-03-23 13:54 | Report Abuse

If stock market continue like this till 31 March, then insas probably start to log in losses in next quarter earning.

But i think 50 sen is not possible. Most likely 65-75cents. There are rich people who willing to sapu at that price.

50 sen, may be need some push from election result.

PenguinDad

1,729 posts

Posted by PenguinDad > 2018-03-23 13:55 | Report Abuse

In 2013, only 35sen. Why not 50sen?

Sslee

5,983 posts

Posted by Sslee > 2018-03-23 19:19 | Report Abuse

Dear all,
https://klse.i3investor.com/blogs/Sslee_blog/151688.jsp
My personal opinion on rule of law.
Thank you

PenguinDad

1,729 posts

Posted by PenguinDad > 2018-03-24 10:49 | Report Abuse

DJI DOWN 400pts Last Night. Likely to have another round next Monday night.

teclausai

32 posts

Posted by teclausai > 2018-03-24 11:22 | Report Abuse

Nasdaq drop 174 pts. 70 sen coming?

PenguinDad

1,729 posts

Posted by PenguinDad > 2018-03-24 15:33 | Report Abuse

No. 50sen coming!

dunspace

348 posts

Posted by dunspace > 2018-03-25 07:11 | Report Abuse

Haha 50sen, now that's cantik

Posted by StockKeeper > 2018-03-26 09:15 | Report Abuse

insas habis...

PenguinDad

1,729 posts

Posted by PenguinDad > 2018-03-26 09:39 | Report Abuse

Nikkei also down this morning. See tonight Dji.

kingcobra

2,772 posts

Posted by kingcobra > 2018-03-26 14:50 | Report Abuse

where are u LENO??? missing in action?

PenguinDad

1,729 posts

Posted by PenguinDad > 2018-03-26 14:55 | Report Abuse

Nikkei turn green from red and see tonight Dji performance. Good luck.

Posted by StockKeeper > 2018-03-26 14:57 | Report Abuse

lol. insas go down is because inari not dji.

PenguinDad

1,729 posts

Posted by PenguinDad > 2018-03-27 08:28 | Report Abuse

Dji have effect on inari and indirectly also affect insas.

Posted by Teo Jiunntian > 2018-03-27 14:47 | Report Abuse

Pls, come back after election. For now, go holiday

lizi

1,968 posts

Posted by lizi > 2018-03-28 22:47 | Report Abuse

last time my friend said to me insas is a con man stock. not sure why.

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