Dear all, Insas financial result: Profit for the quarter/year (RM): 17,966,000: 82,158,000 (EPS: 12.35 cents) Share of profits less losses of associate companies quarter/year (RM): 9,868,000: 44,083,000 Dividend received year (RM): 42,999,000
Inari Profit attributable to Owners of the Company quarter/year (RM) 38,294,000: 191,723,000 Share of profit contribute by Inari to Insas (19.20%) quarter/year: 7,352,448: 36,810,816 Inari contribute about quarter/year: 74.5%: 83.5% share of profit from associate companies.
Basically associate companies contribute 53.7%, 44,083,000 of total annual profit of 82,158,000 of which Inari alone contribute 36,810,816 or about 44.8% of total annual profit and other associate company 7,272,184 about 8.9%
Insas future is closely ties to how well Inari perform in the future. Will Inari profit on the growth path again from 5G and product diversification? Can Inari profit growth to 500m in 3-8 years time? Then share of profit from Inari alone will be about 100m.
The next AGM will be very interesting with: Number of Warrant B: 265,202,536 (Exercise price: RM 1.00. Expiry date: 25 FEB 2020) Dato’ Sri Thong direct and deemed interest: 31.45% Number of RPS: 132,610,268 (Expiry date: 25 FEB 2020)
P/S: Prospect: Financial services and credit & leasing division The Board regards that the stock broking and structured finance units will continue their positive contribution to the Group. M&A Securities Sdn Bhd will continue its niche in its stock broking and corporate finance advisory role in promoting SME companies to list on the ACE and LEAP Market.
Investment trading division The investment unit’s performance for the new financial year ending 30 June 2020 is largely dependent on the global economy and the financial markets outlook remains moderate with the possibility of disorderly financial market movements due to the current geo-political and geoeconomic uncertainties.
Dear all, Text: Good morning Dato’ Wong, A little bit disappointed with no final dividend for Insas but glad to read Inari forecasts business for 1st half of FY2020 is expected to improve. Received reply: Hi, we normally declare dividend in 1Q, before AGM. Text: Noted with thanks Received reply: Most welcome
Hahahaha, Ask and it will be given to you; seek and you will find; knock and the door will be opened to you. Take action and who know it might work….kikiki
INSAS has experienced a short-term consolidation breakout above the RM0.795 level with improved volumes. The MACD Indicator has issued a BUY Signal, while the RSI has risen above 50. Price may trend higher, targeting the RM0.83-RM0.86 levels. Support will be pegged around the RM0.77 level.
let me check my orders for today....today I bought Serba and Armada, both are topping ups......KYY teach me, top up better than average down..................
Dear dragonlayer, Thank you for your unbiased refereeing to spice up an otherwise dull market. deMusangking is a worthy opponent and deserve the Best Street Fighter award. The battle is over but the war to get a better/fair deal from the controlling shareholder is still ongoing. I will do my part in INSAS and hopefully deMusangking will do his part in JAKS.
Please read the below article on how an active shareholder able to interview MD of Crest Buililder and get him to talk about his inner thoughts and views on the company. https://klse.i3investor.com/servlets/forum/600221190.jsp An Interview with Crest Builder's Eric Yong Author: Callmejholow | Publish date: Thu, 29 Aug 2019, 1:33 PM
Thank you. PS: I am currently working on an article for Merdeka, which I intend to post in my i3blog and Tun Mahathir blog comment.
Correctloh...insas is up slightly above rm 0.80 only mah...!!
The key is that it should exceed Rm 1.00 by 20 feb 2019 loh...!
Posted by Sslee > Aug 30, 2019 6:01 PM | Report Abuse
Dear dragonlayer, Thank you for your unbiased refereeing to spice up an otherwise dull market. deMusangking is a worthy opponent and deserve the Best Street Fighter award. The battle is over but the war to get a better/fair deal from the controlling shareholder is still ongoing. I will do my part in INSAS and hopefully deMusangking will do his part in JAKS.
Please read the below article on how an active shareholder able to interview MD of Crest Buililder and get him to talk about his inner thoughts and views on the company. https://klse.i3investor.com/servlets/forum/600221190.jsp An Interview with Crest Builder's Eric Yong Author: Callmejholow | Publish date: Thu, 29 Aug 2019, 1:33 PM
Thank you. PS: I am currently working on an article for Merdeka, which I intend to post in my i3blog and Tun Mahathir blog comment.
Really a sohai everyday moving goalposts, how to become investor? Last time say hengyuan rm35 deep value, then say insas rm0.9 before merdeka, now say rm1, everyday change story and bullshit all the way.
How to become biggest MINORITY SHAREHOLDER OF INSAS? Everyday lie like Calvin tan also? How many lies can you tell before everyone gives up on you?
>>>>>>>>
stockraider Correctloh...insas is up slightly above rm 0.80 only mah...!!
The key is that it should exceed Rm 1.00 by 20 feb 2019 loh...!
Really a sohai everyday moving goalposts, how to become investor? Last time say hengyuan rm35 deep value, then say insas rm0.9 before merdeka, now say rm1, everyday change story and bullshit all the way.
How to become biggest MINORITY SHAREHOLDER OF INSAS? Everyday lie like Calvin tan also? How many lies can you tell before everyone gives up on you?
>>>>>>>>
stockraider Correctloh...insas is up slightly above rm 0.80 only mah...!!
The key is that it should exceed Rm 1.00 by 20 feb 2019 loh...!
Don brainwash by Philip & 3iii....there is no such thing...as bad counter or good counter in value investment mah.....the key....is that the margin of safety and the price of the share is it attractive for you to profit or not loh..!
Posted by GooShen > Aug 31, 2019 4:27 PM | Report Abuse
Even it is Rm 0.86...insas is still worthwhile buy bcos of huge margin of safety of nta Rm 2.64 & PE less than 10x loh...!!
Just have a long term perspective don be like mad dog 3iii jumping here & there short term mah....bcos Feb 2020 very high chance more than Rm 1.00, don miss this wonderful opportunity to accumulate loh...!!
Posted by stockraider > Feb 14, 2019 6:51 PM | Report Abuse
Raider say boloh loh....!!
Better just buy Insas Hathaway at Rm 0.86 well run, cash rich & undervalue and profitable and run by a very intelligent cina apek mah...!!
Introducing MY's First IPO Fund for Sophisticated Investors!
MQ Chat
New Update. Discover investment communities that resonate with your ideas
MQ Trader
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
0:17
New IPO: Building management systems (BMS), solar thermal systems and energy-saving services provider, Solar District Cooling Bhd aims to list on the Ace Market!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
lizi
1,968 posts
Posted by lizi > 2019-08-28 20:55 | Report Abuse
2017 - 180 mil net profit, 348 mil revenue
2018 - 90 mil net profit, 341 mil revenue
2019 - 82 mil net profit, 212 mil revenue
downtrend, no buy......