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.

45,899 comment(s). Last comment by TheContrarian 14 hours ago

lizi

1,968 posts

Posted by lizi > 2019-09-02 20:59 | Report Abuse

this is what so called value investor do.

Sslee Hahahaha
3iii, stockraider sell at 0.86 buy again at 0.75 now waiting to sell at 0.86 again...kikiki
01/09/2019 2:29 PM

lizi

1,968 posts

Posted by lizi > 2019-09-02 21:06 | Report Abuse

no cutwin later become cutloss sakit hati manyak la...

Sslee

5,978 posts

Posted by Sslee > 2019-09-02 21:28 | Report Abuse

Dear dragonslayer,
OK my apology to Tibet Monk. Previously Tibet Monk already cut-win Insas 3 times on the bet with 3iii 10 year ago. This time Insas is under-value because of Inari. Tibet monk still has 3 more betting with Philip.
1. Insas share price will hit rm0.90 by 31st August 2019. Winner: Philip
2. Insas share price will hit rm1.00 by February 2020.
3. Insas again QL. Jan 2019 market price again Jan 2020 market price.(% increase)
4. Insas again QL. Jan 2019 market price again Jan 2021 market price.(% increase)
The score now is Philip 1: Tibet Monk 0
Tibet Monk still got 3 chances to overtake Philip.

Thank you

Posted by (HK1997 again) Philip > 2019-09-03 05:36 | Report Abuse

Hi sohai minority shareholder. So now move goalposts again? Ok la watch see how you can play, but this one not very fair again but let you enjoy la. First you say February after the warrants expire it will go up to rm1, so if people buy the warrants to dilute the share price down you stress, don't buy you also stress. How la? Now say July only it will go up to rm1? Every day change story, any sorry story in your life is real?

Philip doesn't change goalpost. When I say pchem is worth rm 10 at least is after completion and production run of IPIC, which is guaranteed to boosts earnings for PCHEM with new products for different markets like aromatics for skincare and beauty industry ( high margin), specialty chemicals for new businesses like lubricants, sealants and others for new markets in Asia ( instead of import from 3M and Europe and USA all the time).

Do you know what is PIC? Don't know? Then good log, you don't need to buy any pchem stock. Please stick to your shifting goalposts.

Your myvi already send for service? Mr biggest minority shareholder of INSAS?

>>>>>>>>>>

Posted by stockraider > Aug 31, 2019 1:19 PM | Report Abuse

This sohai veli talkcock veli panlai loh...!!

Yes raider says Insas can go up to Rm 0.90 by 31 august and above rm 1.00 in july but imagine within 1 mth rm 0.90 and within 6 mths above rm 1.00, the ultimate goal is still above rm 1.00 mah, why need to harp on temporary short term setback leh ??

I remember Philip says Pchem can go Rm 10.00, what happen leh ??

Also look at sohai Philip QL still underperform against raider insas and charles MNRB loh...!!
Why sohai Philip umderperform if he say he is so panlai leh ??


Philip comment,
HK1997 again) Philip 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?

Sslee

5,978 posts

Posted by Sslee > 2019-09-03 08:59 | Report Abuse

hahahaha,
deMusangking sudah jadi BBQ Musang in JAKS forum. Better come to INSAS forum and lead INSAS's army to charge forward.....kikiki

qqq3

13,202 posts

Posted by qqq3 > 2019-09-03 09:34 | Report Abuse

deMusangking > Sep 3, 2019 9:31 AM | Report Abuse

after 30 mins, no transactions!!!
==========

that is why its called value stock....value stocks are mostly no transactions one.....value stocks have a nick name aka dead stocks......

qqq3

13,202 posts

Posted by qqq3 > 2019-09-03 09:36 | Report Abuse

in fact, fair to say one does not classify any stock as value until/ unless it becomes dead stock with zero volume.

qqq3

13,202 posts

Posted by qqq3 > 2019-09-03 09:37 | Report Abuse

in fact, fair to say one does not classify any stock as value until/ unless it becomes dead stock with zero volume.

that is when sellers don't want to sell any more...and buyers trapped so often, don't want to buy anymore.............

qqq3

13,202 posts

Posted by qqq3 > 2019-09-03 10:08 | Report Abuse

takeover is just fantasy talk.....



The ceo using sslee to spread rumors.............


The ceo is more than happy with current arrangement.

qqq3

13,202 posts

Posted by qqq3 > 2019-09-03 12:25 | Report Abuse

value stock = dead stock , and vice versa....

who agree who disagree?

7300

2,152 posts

Posted by 7300 > 2019-09-03 12:34 | Report Abuse

qqq3#.......agree or disagree is secondary,,,,don't lose money edi win

qqq3

13,202 posts

Posted by qqq3 > 2019-09-03 12:56 | Report Abuse

osted by 7300 > Sep 3, 2019 12:34 PM | Report Abuse

qqq3#.......agree or disagree is secondary,,,,don't lose money edi win

============

I think u set your sight too low.....I more ambitious.

after years expereince, u will know....all value stocks are dead stocks.....and all dead stocks are value stocks...............

Sslee

5,978 posts

Posted by Sslee > 2019-09-03 13:03 | Report Abuse

Hahahaha
Mana referee, sour losers from JAKS come bising in Insas forum. Ada red card kasi mereka???...

qqq3

13,202 posts

Posted by qqq3 > 2019-09-03 13:12 | Report Abuse

after years expereince, u will know....all value stocks are dead stocks.....and all dead stocks are value stocks...............

u agree or not? ss lee?

qqq3

13,202 posts

Posted by qqq3 > 2019-09-03 13:20 | Report Abuse

k: [ARMADA]: BUMI ARMADA BHD

Sep 3, 2019 11:11 AM | Report Abuse

sslee....some people like high cash, low PE, nice balance sheet....

when I first come to i3.....everyone looking for shares with high cash, low PE, nice balance sheet.....and that time kc chong from NZ very active in promoting shares with high cash, low PE, nice balance sheet....and u found yours in Insas....


well, I am Professor Higgins from My Fair Lady.....I like to pick up a flower girl and turn her into a society lady.

every era is different and this era, u have to be more like Professor Higgins if you want to perform.............

ps...u can call me Professor Higgins...from my Form 5 literature.

Sslee

5,978 posts

Posted by Sslee > 2019-09-03 18:03 | Report Abuse

Hahahaha
qqq3, I will call you faked accountant: Operating cash-flow of $1.2billion???
https://klse.i3investor.com/servlets/staticfile/367117.jsp
Period Ended 30.06.2019 RM’000
Profit/(loss) for the financial period 143,477
Adjustments for non-cash items:
Share of results of joint ventures and associate (68,926)
Gain on disposal of property, plant and equipment and non-current assets
held-for-sale (2,091)
Depreciation of property, plant and equipment 211,935
Fair value through profit and loss on derivative financial instruments (6,961)
Net allowance for impairment losses 5,482
Unrealised foreign exchange loss 383
Share-based payment 1,553
Impairment of:
Interest income (15,233)
Interest expense 271,029
Accretion of interest 736
Taxation 28,852
Operating profit before changes in working capital 570,236
Changes in working capital:
Inventories 1,049
Finance lease receivables 79,221
Trade and other receivables 165,147
Trade and other payables (163,496)
Joint ventures 6,703
Cash from operations 658,860
Interest paid (268,425)
Tax paid (2,808)
NET CASH FLOWS GENERATED FROM OPERATING ACTIVITIES 387,627

Above is 6 months cash-flow result from operating activities. Faked accountant mind to teach your accountant 101 how to get operating cash flow of 1.2 billion a year? Who are you going to fool dumb dumb hold?

Posted by qqq3 > Sep 3, 2019 9:19 AM | Report Abuse
agreed, just dumb dumb hold...today is a bad , still green......
Stock: [ARMADA]: BUMI ARMADA BHD
Sep 1, 2019 11:09 AM | Report Abuse
2 nd quarter...
PBT $ 100 m
add depreciation $ $ 200 m
PBT plus depreciation is $ 300 million operating cashflows for 2 nd quarter....X 4 is $ 1.2 billion a years with possibility of better performance from recovery in OMS and Kraken...............

qqq3

13,202 posts

Posted by qqq3 > 2019-09-03 18:14 | Report Abuse

sslee...

changes in working capital will reverse......the better way to look at cashflow is simply use operating profits and adjust for non cash items such as depreciations...............




this company generated $ 300 million of PBT plus depreciation for last quarter...............

qqq3

13,202 posts

Posted by qqq3 > 2019-09-03 18:21 | Report Abuse

PBT add back non cash items is a useful guide about its potentials uncomplicated by changes in debtors/ creditors...........

qqq3

13,202 posts

Posted by qqq3 > 2019-09-03 20:28 | Report Abuse

for armada.........

by qqq3 > Sep 3, 2019 8:27 PM | Report Abuse X

valuations differs...but everyone seems to agree BA can make $ 400 - $ 500 M PBT per year for next few years...........................so just buy and wait for upgrade la......

qqq3

13,202 posts

Posted by qqq3 > 2019-09-03 20:31 | Report Abuse

for armada.........

by qqq3 > Sep 3, 2019 8:27 PM | Report Abuse X

valuations differs...but everyone seems to agree BA can make $ 400 - $ 500 M PBT per year for next few years...........................so just buy and wait for upgrade la......


icon will agree and he has the patience......comes to valuations, IB very takut one when they have been burned by the market before.

IB just monkey see monkey do.

Sslee

5,978 posts

Posted by Sslee > 2019-09-03 20:42 | Report Abuse

Hahahaha
qqq3, if taken out the change in working capital then for 6 months operating cash-flow is 299M. Am I right?
Period Ended 30.06.2019 RM’000
Profit/(loss) for the financial period 143,477
Adjustments for non-cash items:
Share of results of joint ventures and associate (68,926)
Gain on disposal of property, plant and equipment and non-current assets held-for-sale (2,091)
Depreciation of property, plant and equipment 211,935
Fair value through profit and loss on derivative financial instruments (6,961)
Net allowance for impairment losses 5,482
Unrealised foreign exchange loss 383
Share-based payment 1,553
Interest income (15,233)
Interest expense 271,029
Accretion of interest 736
Taxation 28,852
Operating profit before changes in working capital 570,236
Changes in working capital:
Inventories 1,049
Finance lease receivables 79,221. Taken out
Trade and other receivables 165,147. Taken out
Trade and other payables (163,496). Taken out
Joint ventures 6,703. Taken out
Cash from operations 570,236
Interest paid (268,425)
Tax paid (2,808)
NET CASH FLOWS GENERATED FROM OPERATING ACTIVITIES =570,236-268,425-2,808 =299,003

Sslee

5,978 posts

Posted by Sslee > 2019-09-03 20:43 | Report Abuse

hahahaha,
deMusangking qqq3 very happy to download his JAKS to you. Pity ALP had to come in to support JAKS price otherwise he will be chopped to pieces by the RI subscribers (Ah Long)

qqq3

13,202 posts

Posted by qqq3 > 2019-09-04 11:37 | Report Abuse

by dragonslayer > Sep 3, 2019 11:09 PM | Report Abuse

Aiyo..btw..what you all talking about ha...Armada kah...aiyoyo..how to arrange armada vs Insas competition...price too far away leh...aiyoyo...Armada vs Velesto vs Sapnrg...like this baru ok leh...bcos..they are family chain relation ship leh....aiyoyo...kikiki

Armada supporters
qqq3
Tibet Monk
Icon8888
StockGod Coldeyes
Curutman

Velesto Supporters
Calvin kor kor

Sapnrg Supporters
Icon8888
Tibet Monk

See which one better lah
==============



I support your effort

qqq3

13,202 posts

Posted by qqq3 > 2019-09-04 12:01 | Report Abuse

big picture - armada

developed economies...negative interest, yield curve inversions, interest rate cuts.....

buy FPSO with their fixed incomes such as Armada and Yinson makes good sense ......

presently, Yinson is fund manager favorite, Armada is retail favorite. , fund managers have largely left Armada...This is not necessarily a bad thing.

Profitability and increasing profits will reward shareholders. Just wait for reratings.

FYI, Kenanga expects PBT for Armada to be around $ 450 million for FY 2019 and FY 2020........If they are correct, this thing cannot be just 25 sen when results are slowly announced......

bankruptcy risk? as long as they remain profitable, there will be no bankruptcy risks...they are restructuring all their loans and both major shareholders and bankers have shown willingness to support..........

qqq3

13,202 posts

Posted by qqq3 > 2019-09-04 12:05 | Report Abuse

to perform , pick a flower girl and turn her into society lady....but if you pick a wrong girl like Insas, she gets older and older and loses her appeal, then how?

Sslee

5,978 posts

Posted by Sslee > 2019-09-04 12:50 | Report Abuse

Hahahaha,
qqq3 why hard selling Armada in Insas forum?
https://klse.i3investor.com/servlets/ptres/52172.jsp
Date: 03/09/2019
Source : PUBLIC BANK
Stock : ARMADA
Price Target : 0.22
https://klse.i3investor.com/servlets/ptres/52190.jsp
Date: 03/09/2019
Source : KENANGA
Stock : ARMADA
Price Target : 0.20
Are we seeing the same Kenanga report???
"FYI, Kenanga expects PBT for Armada to be around $ 450 million for FY 2019 and FY 2020........If they are correct, this thing cannot be just 25 sen when results are slowly announced...... "
Agreed Kenanga concluded cannot be 25 sen but sell call 20 sen

qqq3

13,202 posts

Posted by qqq3 > 2019-09-04 16:36 | Report Abuse

Posted by Sslee > Sep 4, 2019 12:50 PM | Report Abuse

Hahahaha,
qqq3 why hard selling Armada in Insas forum?

=========

why? to show contrast lah......to perform , pick a flower girl and turn her into society lady....but if you pick a wrong girl like Insas, she gets older and older and loses her appeal, then how?

qqq3

13,202 posts

Posted by qqq3 > 2019-09-04 16:51 | Report Abuse

target prices PBB 22 sen, Kenanga 20 sen....


well, before next results this Armada will be above 30 sen......and will not be first time my prediction better than IBs....


to perform, read IB for info , not for opinion about prices.....God knows how they do prices...Kenanga projection $ $440 million PBT and 20 sen price.....upgrades from 15 sen to 20 sen.....

Public Bank projections....$323 million, $ 416 million and and $ 449 million PBT for 2019, 2020, 2021...and tp 22 sen.


.My prediction.......before next results, this thing above 30 sen....I think IB tp is purely plucked from the air and just monkey see monkey do

stockraider

31,556 posts

Posted by stockraider > 2019-09-04 18:13 | Report Abuse

qqq,

Can u please fuck off your armada, in insas forum ??

Just go and promote in armada mah....!!

Posted by qqq3 > Sep 4, 2019 4:36 PM | Report Abuse

Posted by Sslee > Sep 4, 2019 12:50 PM | Report Abuse

Hahahaha,
qqq3 why hard selling Armada in Insas forum?

=========

why? to show contrast lah......to perform , pick a flower girl and turn her into society lady....but if you pick a wrong girl like Insas, she gets older and older and loses her appeal, then how?


qqq3
12896 posts
Posted by qqq3 > Sep 4, 2019 4:51 PM | Report Abuse

target prices PBB 22 sen, Kenanga 20 sen....


well, before next results this Armada will be above 30 sen......and will not be first time my prediction better than IBs....


to perform, read IB for info , not for opinion about prices.....God knows how they do prices...Kenanga projection $ $440 million PBT and 20 sen price.....upgrades from 15 sen to 20 sen.....

Public Bank projections....$323 million, $ 416 million and and $ 449 million PBT for 2019, 2020, 2021...and tp 22 sen.


.My prediction.......before next results, this thing above 30 sen....I think IB tp is purely plucked from the air and just monkey see monkey do

Sslee

5,978 posts

Posted by Sslee > 2019-09-04 19:13 | Report Abuse

Dear deMusangking,
Posted by deMusangking > Sep 4, 2019 3:11 PM | Report Abuse
sslee
when can we wet wet here?????
haha

If you look into INSAS annual report 2018.
ANALYSIS BY SIZE OF HOLDINGS
Size of holdings: No. of shareholders: No. of ordinary shares
Less than 100: 2,199: 79,065
100 - 1,000: 1,762: 746,609
1,001 - 10,000: 17,682: 62,415,122
10,001 - 100,000: 4,286: 115,772,238
100,001 - 33,150,317: 539: 392,898,495
33,150,318 and above: 2: 91,094,813
Total 26,470: 663,006,342

Hence every time the price increases a little bit some of these 17,682 retail shareholders holding 1,001-10,000 shares will quick to sell their shares to cut win or cut loss.

It look like INSAS price can only rocket up if strong holder with deep pocket collect more INSAS from the 17,682 retail shareholders holding 62,415,122 shares before INSAS can rocket up.

Or need to wait till 25 Feb 2020 for Dato’ Sri Thong to do an MGO
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%

Thank you
P/S: My advice to you, need to learn how to delay gratification no good getting wet-wet so fast.

qqq3

13,202 posts

Posted by qqq3 > 2019-09-04 19:16 | Report Abuse

ss..u not scared you pick a wrong girl like Insas, she gets older and older and loses her appeal, then how?

stockraider

31,556 posts

Posted by stockraider > 2019-09-04 19:19 | Report Abuse

Insas is a steady girl....not wrong girl mah.....!!

U need patience like sslee says loh....!!


Posted by Sslee > Sep 4, 2019 7:13 PM | Report Abuse

Dear deMusangking,
Posted by deMusangking > Sep 4, 2019 3:11 PM | Report Abuse
sslee
when can we wet wet here?????
haha

If you look into INSAS annual report 2018.
ANALYSIS BY SIZE OF HOLDINGS
Size of holdings: No. of shareholders: No. of ordinary shares
Less than 100: 2,199: 79,065
100 - 1,000: 1,762: 746,609
1,001 - 10,000: 17,682: 62,415,122
10,001 - 100,000: 4,286: 115,772,238
100,001 - 33,150,317: 539: 392,898,495
33,150,318 and above: 2: 91,094,813
Total 26,470: 663,006,342

Hence every time the price increases a little bit some of these 17,682 retail shareholders holding 1,001-10,000 shares will quick to sell their shares to cut win or cut loss.

It look like INSAS price can only rocket up if strong holder with deep pocket collect more INSAS from the 17,682 retail shareholders holding 62,415,122 shares before INSAS can rocket up.

Or need to wait till 25 Feb 2020 for Dato’ Sri Thong to do an MGO
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%

Thank you
P/S: My advice to you, need to learn how to delay gratification no good getting wet-wet so fast.

Sslee

5,978 posts

Posted by Sslee > 2019-09-04 19:43 | Report Abuse

Hahahaha
qqq3, Ib projected net profit for FYR 2020 Inari is RM 250m. So Insas share is RM 48m from inari alone.

stockraider

31,556 posts

Posted by stockraider > 2019-09-04 19:46 | Report Abuse

Thats why insas very steady loh....u need to be steady & patience loh..!!

U just relax & shake leg and wait if u invest in insas mah...!!

Posted by Sslee > Sep 4, 2019 7:43 PM | Report Abuse

Hahahaha
qqq3, Ib projected net profit for FYR 2020 Inari is RM 250m. So Insas share is RM 48m from inari alone.

Sslee

5,978 posts

Posted by Sslee > 2019-09-04 21:29 | Report Abuse

Hahahaha
dragonslayer, now is the time to call banker33 to buy insas by containers load and leno by ships load.

qqq3

13,202 posts

Posted by qqq3 > 2019-09-05 08:36 | Report Abuse

Sslee > Sep 4, 2019 7:43 PM | Report Abuse

Hahahaha
qqq3, Ib projected net profit for FYR 2020 Inari is RM 250m
==========

if true, sell Insas and buy Inari....Inari will pay out most of it as dividends................

Sslee

5,978 posts

Posted by Sslee > 2019-09-05 10:09 | Report Abuse

Hahahaha
qqq3, do the math. If you sell one inari at 1.60 you can buy two insas at 80 sen. You then own indirectly 1.8 inari shares and all the others insas cash and businesss.

stockraider

31,556 posts

Posted by stockraider > 2019-09-05 10:19 |

Post removed.Why?

qqq3

13,202 posts

Posted by qqq3 > 2019-09-05 10:22 | Report Abuse

sted by Sslee > Sep 5, 2019 10:09 AM | Report Abuse

Hahahaha
qqq3, do the math. If you sell one inari at 1.60 you can buy two insas at 80 sen. You then own indirectly 1.8 inari shares and all the others insas cash and businesss.
===========

like that meh? U can buy more Armada...armada less than 30 sen each.........

Sslee

5,978 posts

Posted by Sslee > 2019-09-05 11:06 | Report Abuse

Hahahaha
qqq3 all those very high debt O&G are only good for trading include Yinson. But remember when things do not work out, do not get trapped inside cut loss and fight another day in another counter......kikiki
By the way PAS is in favour to send TSA back to India instead of Dr. Naik

qqq3

13,202 posts

Posted by qqq3 > 2019-09-05 11:35 | Report Abuse

Insas is old and getting older. Armada is flower girl regaining her society lady status..........My Fair Lady.

stockraider

31,556 posts

Posted by stockraider > 2019-09-05 11:36 | Report Abuse

OLD GOT ITS ADVANTAGE N YOUNG GOT ITS ADVANTAGE MAH....!!

Posted by qqq3 > Sep 5, 2019 11:35 AM | Report Abuse

Insas is old and getting older. Armada is flower girl regaining her society lady status..........My Fair Lady.

jellyfish

283 posts

Posted by jellyfish > 2019-09-06 10:44 | Report Abuse

number of transaction does not relate to the valuation of a stock, ... durianhead..

stockraider

31,556 posts

Posted by stockraider > 2019-09-06 10:52 | Report Abuse

Very difficult accumulation due to shortage of seller mah...!!

Posted by deMusangking > Sep 6, 2019 10:34 AM | Report Abuse

onli 1 transaction done after 1.5 hr!!!!!!
under value stock? target 4 takeover?

all rubbish by 0 sense sslee n stockraider!!!

haha


Posted by jellyfish > Sep 6, 2019 10:44 AM | Report Abuse

number of transaction does not relate to the valuation of a stock, ... durianhead..

stockraider

31,556 posts

Posted by stockraider > 2019-09-06 11:08 |

Post removed.Why?

stockraider

31,556 posts

Posted by stockraider > 2019-09-06 11:25 | Report Abuse

Slow & Very Steady mah....art of meditation loh....!!

Posted by dragonslayer > Sep 6, 2019 11:11 AM | Report Abuse

Aiyo Tibet Monk...Insas walking macam ah pek with tongkat leh..can walk faster or not....lol..aiyoyo...kikiki

stockraider

31,556 posts

Posted by stockraider > 2019-09-06 11:32 | Report Abuse

tapi today slowly up mah....!!
$$$$$$$$$$$ coming loh....!!

stockraider

31,556 posts

Posted by stockraider > 2019-09-06 11:46 | Report Abuse

Patience very steady mah.....!!

$$$$$$$$$$$ will come loh....!!

stockraider

31,556 posts

Posted by stockraider > 2019-09-06 12:17 | Report Abuse

Why people like musang & dragon so kencheong for insas to up, but they are not even shareholder leh ??

Why people like sslee, leno and raider so patience, calm and steady like they are going to make alot of monies in insas in the coming future leh ?

Posted by dragonslayer > Sep 6, 2019 11:49 AM | Report Abuse

Aiyo...Demusang...I think you strip here...maybe can make Insas makcik meletup lah..since you know how yo ahmoing so much...lol...aiyoyo...kikiki


deMusangking
4560 posts
Posted by deMusangking > Sep 6, 2019 11:56 AM | Report Abuse

dragon fruit,
now u know his is soft soft!!!

hahaha

Posted by TianTianHuat > 2019-09-06 12:35 |

Post removed.Why?

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