Hahahaha, deMusangking you are very lucky to know of this site very early and benefited from the many i3 Sifus comment and article. This is why you are able to trade for fun now and i still need to work for my fortune. If I had knew of this site 10 years early most likely i can avoid most of my mistake, make my fortune and join you in trading for fun.
kakakakakak .... must say good thing about insas ... must enjoy see ppl angri and jeles looking at INSAS CANTEEEEEEEEEEEEEEEEEEKKK !!! HAHAHAHAHAHAHAH !!
Dear dragonslayer, Deng Xiaoping famously said "It doesn't matter whether a cat is black or white, as long as it catches mice." This is taken to mean that as long as the economy works, it is a good economy.
By end Oct the 2019, Insas will published its 2019 Annual report, will see whether any resolution on waiver of MGO from Dato’ Sri Thong. End Nov AGM and also Q1 2020 financial report plus interim dividend. Will prepare my AGM Q&A session questions after reading the 2019 annual report (End Oct). All are welcome to contribute the question.
Hahahaha 3iii, thanks for dropping by to say hello. I am now holding 1m of gruesome company bjland and 975K equally gruesome company Insas. It look like only gruesome big boss TSVT and DST can save me now. Thank you for asking.
Risk management: Investment courses / books always recommend the great importance of risk management with a balance portolio. A porfolio of 5 to 10 stocks is common for small to medium . For large investment 15 to 20 stocks. A particular stock should not normally have more than 25% of the profolio no matter how attracive.
Manny many years ago (early 90's) when I first started, I bought Sport Toto after reading investment books and observed that Sport Toto Berhad (predecessor of B Toto) is in an excellent business. After a year, TSVT took it private. Public share holders were given the holding company, B Leisure shares, plus right issues. B Leisure is TSVT holding company for many different companies (a little bit like Insas). In other words, the GEM was swapped out with stones as replacement to the public shareholders and worst still asked for more money input from the poor small shareholders through right issues. B Leisure performed very poorly and I think I lost at least 60% of that investment.
After a couple of years,TSVT relisted the privatised S Toto as Berjaya Toto.
bought BJTOTO in 2000-2003 at RM 2.80-3.00, eps was 40-50 sen, and Bjtoto planning to return 50 sen capital on top of yearly dividend of 30 sen ... leno whack whack whack ...common sense mar ... after receiving 50 sen capital return, plus annual dividend, the share shoot up to RM 5.00 ... muahahahahahah ... eps goin down to 30 sen due to gambling tax increase, leno sell-off all in ONE GO..... common sense again mar.... MUAHAHAHAHAHAHAH .... INSAS CANTEEEEEEEEEEEEEEEEEKKKK !!
Some years latter, I noticed that Berjaya Capital was a cash rich company with cash of about RM2.5 per BCap share. Some years before that, BCap had sold Prudential Insurance for cash of about RM790 m. However, B Cap was always trading at about RM2.0/share. I thought it is an opportunity for me to get back the money I lost to TSVT from the SToto to BLeisure + Right issue swapp cheating game. I bought 20,000 or 30,000 shares at around RM2.10/share and thought I should make my money back with good extra profit. Guess what happen later? After holding for a few years, there was not much up or down movement which I could not understand. Then, BCap share price started drifting downwards and I cut lost at by selling at RM1.5, I think. What came out latter was, BCap had loan all the RM800m cash it had to other TSVT companies and there were no collateral ! I have to admit defeat and recognised that these heartless sharks are just too clever and dangerous for small shareholders.
bought insas at 50 sen down to 40 sen ... A lot ppl tok kok ... leno no give a damn... few years later ... shoot up to RM 1.25 on top of free warrant, rps offer, ... sold off due to world economy downtrend ... MUAHAHAHAHAHHAH .. another jackpot for LUCKY CAT lor ... INSAS CANTEEEEEEEEEEEEEKKKK !!
Dear 682pujut2b, Thank you for your concern and advises. I bought Bjland recently (for trading purpose) still holding book gain. Agreed with you TSVT is a crook and now have no choice but to take bjland private (most likely by share swap with Bjcorp). In year 2007, I actually make profit from Bjland-LB.
so at the end of the day ... what lesson has he learn ? Did he learn the right lesson ? Since he learn already, does he make tons of money since then ? No ? If no ... could he just learn a wrong lesson ? Same event, but why got ppl make money while he lose ... on the same counter, same director ? Could the real lesson is ... HE SHOULD NOT invest in share market ? I am not goin to tell him what he should do. There are many types of ppl here ... some can even believe seeing a cat can bring down Bursa and even DJ index ... hmmmm ... INSAS CANTEEEEEEEEEEEEEEEEEKKKK !!!
Hahahaha, dragonslayer, now only realise the power of leno can even bring down the DJ index so Donald Duck please step aside we have mighty Black Cat in Bursa. INSAS CANTEEEEEEEEEEEEEEK!!!
REMEMBER INSAS IS INARI BUT INARI IS NOT INSAS LOH....!!
IF U BUY & HOLD INSAS IS LIKE HOLDING INARI AT CHEAPER PRICE MAH..!!
This mean inari just breakout from consolidation very bullish uptrend loh....!!
posted by MingGoon > Oct 7, 2019 8:25 AM | Report Abuse
Inari already goes up too high Physic law, anything that goes up too high in too short a time, will definitely goes down Ensure that you are not among those who hold Inari at its peak Not much news left for Inari for its continuous rise Wait a while, for price correction, Buy low , sell high Inari high now at its peak... The choice is yours, gambling or investing.... lets see which direction it goes... Gooshen, is always right, check back Gooshen track record...
Posted by loonginv > Oct 7, 2019 8:31 AM | Report Abuse
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....
682pujut2b
67 posts
Posted by 682pujut2b > 2019-09-30 17:39 | Report Abuse
https://www.theedgemarkets.com/article/thong-brothers-hold-big-chunk-insas-warrants-will-they-convert-them-raise-their-stake