That also u dunno aaa .... hahahahah ... stupid donkey. They invite u because u have a first hand experience being conned by conman counter mar ... no ?
Haha, Stockraider you read but also need to understand English. Free insider tips from leno so most likely DST will hate me but I think I do a favor for the Board and management
Apr 18, 2020 10:34 AM | Report Abuse So, warrant is his security. Some ppl ask why ah thong did not convert his warrant Why fak ah thong want to convert when insas trade below RM 1 ....
u dunno what u dunno .... now u know u dunno a lot. Actually, u still got a lot to learn lor... and this lesson, u cannot get from anywhere. U got money also cannot learn. Be Humble, dun be arrogant. Tell u to go insas agm to learn from ah thong sifu ... u corky think u are very clever. Mo Tai Mo Sai ... Hoi sek see lah lei ! Ptui !
Remember that Leno the prettiest cat says this is the first wave ....... then comes second wave ......... then third wave .......... neverending waves will follow. Insas memang cantek.
Finally, because there are a lot of donkeys here, leno would like to humbly remind everyone the below.
DISCLAIMER : everything that is written above is a pure work of fiction, nothing but a fiction. Any coincidence is just a coincidence. Not related to any animals in the farm nor jungle. Alive or half dead.
Good morning TheContrarian, Many thanks for your advice. One thing for sure is not to take profit on INSAS so early because of the facts that INSAS is still undervalued. In 2015 when the previous RPS with WB, INSAS net worth was RM 1,267,337,000. The Net worth in 2019 is RM 1,737,078,000 increase of RM 469,741,000.
Inari market Cap on 30/6/2015 is RM 2,081 million and today 8/7/2020 RM 7,653 million
We may differ in opinions on RPS with free warrants: leno insider information “Warrant is DST security” my outsider information “How can a cash-rich (as well as asset-rich) company ask for more funds from the shareholders when it already has more than sufficient, to the extent that it is even invested in overseas shares markets? The fund raising exercise is detrimental to minority shareholders who will be diluted in the event that they are unable to subscribe for their rights entitlements”
Agree with leno: “This is still the first wave. The second wave will be when insas break RM 1”
By the way now I know why previously I wrote to TAE lady boss to use TAE managed fund to buy insas to no avail. Funds are no allow to buy penny stocks. Thanks leno
Wuhan19, A very reliable outsider source the cash call is a no go. Now it depend on how the Board will satisfied insider; “Warrant is DST security” and outsider; "The fund raising exercise is detrimental to minority shareholders who will be diluted in the event that they are unable to subscribe for their rights entitlements”
How can this be detrimental to minority shareholders.If no money to subscribe just sell off the shares. The price will shoot up to over Rm1.0 if proposals are approved.Remember if rejected the BOD is not obliged to come out with any alternative proposals. These could just be scraped and all minority shareholders would be losers
My advice to minorities shareholders is :Do not cut your nose to spite your face. See how MBL threw a spanner into CCB privatisation at 2.20.Now CCB is lingering at 1.3 to 1.4. It will be years before CCB could get to 2.2 hopefully.
Wuhan19 no cash call. If you want to take profit you can take profit now and by the way rejection of privatisation and rejection of cash call is two different thing.
Just sell some to raise fund to subscribe entitlement loh...!!
Posted by Sslee > Aug 7, 2020 10:29 AM | Report Abuse
Wuhan19, A very reliable outsider source the cash call is a no go. Now it depend on how the Board will satisfied insider; “Warrant is DST security” and outsider; "The fund raising exercise is detrimental to minority shareholders who will be diluted in the event that they are unable to subscribe for their rights entitlements”
I know the difference privatisation and cash call. I am using MBL and CCB to show the type of shareholder who would cause trouble to everyone else. I am for the cash call and free earants. Ss lee complaint letter harms the interest of others irrespective whether they are for the proposals or want to cashout,
Posted by Wuhan19 > Aug 7, 2020 6:44 PM | Report Abuse
I know the difference privatisation and cash call. I am using MBL and CCB to show the type of shareholder who would cause trouble to everyone else. I am for the cash call and free earants. Ss lee complaint letter harms the interest of others irrespective whether they are for the proposals or want to cashout,
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Posted by leno > 2020-08-06 09:48 | Report Abuse
That also u dunno aaa .... hahahahah ... stupid donkey.
They invite u because u have a first hand experience being conned by conman counter mar ... no ?