Posted by Sslee > 2020-10-12 09:11 | Report Abuse

Good morning Philip,
“Actually many of the institutions know exactly the value of Insas and thus avoiding it. Only those retail and new investors who just started reading on value investing and just recently finished intelligent investor, they think they know everything there is to know about investing and what to buy.”

Just check Insas top 30 shareholders to see any Private Fund or all retail investors:

dumbMoney I sold all my iCap shares in Nov 2012 at $2.35 and switched to Eastspring Investment Small Cap Fund on a dollar averaging basis. The total periodic returns is around +227%. Go to

dumbMoney $stockraider: I also have Insas, but instead of doing rights issue, they should be buying back share s instead, as my share buy back examples apply equally to it, except that the cash portion is much lower, but the effect on NTA is much higher because of the deeper discount. This is what I am complaining about. The company don't need the extra cash. Why do low margin risky money lender business when it can buy back shares at 30 sen to the ringgit?
11/10/2020 11:38 PM

So is dumbMoney a new investors who just started reading on value investing and just recently finished intelligent investor, they think they know everything there is to know about investing and what to buy?
Please stop insulting people who you not even know.

Posted by stockraider > 2020-10-12 13:43 | Report Abuse

What Governance issue leh ??

Think positively loh, insas inability to do share buy back, offer investors big opportunity to accumulate cheap insas with deep margin of safety loh..!!

Just follow General Raider to take advantage of this rare wonderful opportunity mah...!!

Posted by Sslee > Oct 12, 2020 7:32 AM | Report Abuse

Insas can't do SBB because Dato Sri Thong and PAC hold 32.96% and SBB will trigger the 33% conditional MGO.
The RI is for Dato' Sri Thong to collect the warrants as insurance Policy to safeguard against stockraider hostile take-over.



Posted by dumbMoney > Oct 12, 2020 9:43 AM | Report Abuse

@Sslee That's why I said company has corporate governance issue - possible conflict of interest.


Posted by dumbMoney > Oct 12, 2020 10:32 AM | Report Abuse

Even if the MGO is triggered or he wants to take the company private, at this price level, how many shareholders would want to throw their shares to him?

Posted by stockraider > 2020-10-12 13:46 | Report Abuse

U need to understand the difference between Share market making compare to value investing loh!

Posted by Sslee > Oct 11, 2020 9:34 PM | Report Abuse

Haha stockraider,
Mind telling us why and how Insas RI will raise it shares more than RM 1.00?
By the way the shareholders spread of min 25% I am talking about is TAGB.

Posted by Philip ( buy what you understand) > 2020-10-14 10:10 | Report Abuse

Stock raider win bak kut bet... QL drop to 6.83, drop to 2019 price...

Posted by Sslee > 2020-10-14 10:52 | Report Abuse

Haha stockraider NETX 25 shares become 1 share.
Ql bonus issue 1 bonus for 2 existing shares.

Posted by Sslee > 2020-10-15 07:29 | Report Abuse

@deMusangking maybe you should consider to sell your JAKS now and buy the OR to subscribe for Rights Shares with free Warrants.
ALP is a well know ball squeezer KYY get squeezed untill have to sell land. And I'm afraid once he squeeze your ball, your deMusangKing will become deMusangQueer

Posted by Diamond7 > 2020-10-15 17:43 | Report Abuse

Haizzx
This counter can't run up despite having a cash equivalent of 90 cents!

Why investors can't see its highly undervalue?

Hopefully the coming quarterly report will show its beautiful profits!

Posted by stockraider > 2020-10-17 14:20 | Report Abuse

An extraordinary investor has the following qualities:

1 He must be intelligent with good business sense.

2 He must have a good foresight to be able to see ahead of other investors.

3 He must be able to control his emotion of fear.

4 He must be prepared to take some calculated risk.

5 He can make his own decision and not easily side-tracked.

6 He knows the basic share selection fundamentals.

JUST BUY INSAS LAH...!!

MY TUKANG TILIK SIFU SAYS SURE WIN & CANNOT LOSE LOH...!!

TARGET ABOVE RM 1.00 LOH...!!

Posted by stockraider > 2020-10-17 15:47 | Report Abuse

GO FOR GOLD INSAS ALL THE WAY LOH...!!

MUST BUY MAH...!

TP MORE THAN RM 1.00 LOH...!


Posted by stockraider > Oct 17, 2020 2:20 PM | Report Abuse X

An extraordinary investor has the following qualities:

1 He must be intelligent with good business sense.

2 He must have a good foresight to be able to see ahead of other investors.

3 He must be able to control his emotion of fear.

4 He must be prepared to take some calculated risk.

5 He can make his own decision and not easily side-tracked.

6 He knows the basic share selection fundamentals.

JUST BUY INSAS LAH...!!

MY TUKANG TILIK SIFU SAYS SURE WIN & CANNOT LOSE LOH...!!

TARGET ABOVE RM 1.00 LOH...!!

Posted by stockraider > 2020-10-17 15:51 | Report Abuse

LETS BE "THE WORLD CHAMPION AT INSAS" BY GOING FOR THE GOLD LOH..!

GO FOR GOLD INSAS ALL THE WAY LOH...!!

MUST BUY MAH...!

TP MORE THAN RM 1.00 LOH...!


One Moment in Time- listen to this inspirational song

Whitney Houston & General Raider

Each day I live
I want to be
A day to give
The best of me
I'm only one
But not alone
My finest day
Is yet unknown
I broke my heart
Fought every gain
To taste the sweet
I face the pain
I rise and fall
Yet through it all
This much remains
I want one moment in time
When I'm more than I thought I could be
When all of my dreams are a heartbeat away
And the answers are all up to me
Give me one moment in time
When I'm racing with destiny
Then in that one moment of time
I will feel
I will feel eternity
I've lived to be
The very best
I want it all
No time for less
I've laid the plans
Now lay the chance
Here in my hands
Give me one moment in time
When I'm more than I thought I could be
When all of my dreams are a heartbeat away
And the answers are all up to me
Give me one moment in…

An extraordinary investor has the following qualities:

1 He must be intelligent with good business sense.

2 He must have a good foresight to be able to see ahead of other investors.

3 He must be able to control his emotion of fear.

4 He must be prepared to take some calculated risk.

5 He can make his own decision and not easily side-tracked.

6 He knows the basic share selection fundamentals.

BTW;
JUST BUY INSAS LAH...!!

MY TUKANG TILIK SIFU SAYS SURE WIN & CANNOT LOSE LOH...!!

TARGET ABOVE RM 1.00 LOH...!!

Posted by stockraider > 2020-10-17 15:57 | Report Abuse

My finest day
Is yet unknown
I broke my heart
Fought every gain
To taste the sweet
I face the pain
I rise and fall
Yet through it all
This much remains
I want one moment in time

Posted by deMusangking > Oct 17, 2020 3:56 PM | Report Abuse

sohai has been shouting since > 0.90!!!!
haha

Posted by Diamond7 > 2020-10-18 12:22 | Report Abuse

Hopefully November quarterly report is beautiful...

Posted by leno > 2020-10-18 16:49 |

Post removed.Why?

Posted by stockraider > 2020-10-18 18:24 | Report Abuse

4m my foot lah...!!

Just be steady with insas loh!


Posted by leno > Oct 18, 2020 4:49 PM | Report Abuse

More than 4 millions fakking shares .... i repeat ... the key word is - MORE ..... MUAHAHAHAHAHAHAH !! All the BEST COMRADES !!!

Posted by Sslee > 2020-10-18 19:58 | Report Abuse

Stockraider,
leno is holding more than 4 million Insas shares not like you betting on 1 million W.

DeMusangking,
Next quarter Insas result will be very good and another 2 cent dividend coming. ALP only will keep asking money from you and no dividend for the next 6 years because he only want to build up reserve to reward himself with another 100+ million of LTIP free grant. You are the main dish BBQ Musang.

Posted by stockraider > 2020-10-19 00:04 |

Post removed.Why?

Posted by Sslee > 2020-10-19 07:31 | Report Abuse

Good morning deMusangking,
2 cents dividend is 80K+ to leno.
How you know I have cough problem?
But thank you for your concerned on my cough treatment.

Stockraider,
You are going to loss big with Netx RI if you do leverage.
You are better off invest in Lctitan.

Posted by Philip ( buy what you understand) > 2020-10-19 10:30 | Report Abuse

stockraider lose money until gila.

Posted by stockraider > 2020-10-19 14:16 | Report Abuse

THIS BRADY STUPID SSlee LOH...!!

WHY SO STUPID SUPPORT & APPROVE ESOS LEH ?

JUST VOTE IT DOWN LOH...!!

THIS SSlee HAVING COW TYPE OF BRAIN...CALL HIMSELF UNIVERSITY MALAYA GRADUATE... A DISGRACE LOH...!!


Insas: In giving we receive
Author: Sslee | Publish date: Sun, 4 Oct 2020, 8:09 AM

Dear all,
To all Insas minority shareholders please reject Insas RI but approve the ESOS. The Insas Board and Management rightly deserve to be paid and rewarded fairly for job well done and so are minority shareholders

A brief Introduction about INSAS:
http://www.insas.net/
By balancing the Old brick-and-mortar economy with the New knowledge-and-technology based economy, Insas Berhad has successfully acquired expertise and experience in the businesses that we are in, where not only we have shown resilience and superiority, we continuously raise the platform for competition. Fuelled by a passion to triumph, commitment to excellence is what Insas Berhad holds dear to.

Insas berhad is a 58 year old company where the current controlling shareholder Dato’ Sri Thong took over a near bankrupt company with negative shareholder fund in 1993 and injected stockbroker firm into it. Thro’ prudent and conservative investment INSAS survived through 1997 Asian financial crisis with over hundred million of impairment losses, 2000 dotcom bubble, 2008 Lehman Brothers subprime crisis and now Covid-19 pandemic.

Insas had growth slowly but surely and along the way Insas has made some bad and good investments. The bad investments did not kill Insas, the good investments add into Insas bottom line and especially investment in Inari had helped Insas to grow their others business and net worth to RM 1,750,354,000.
https://klse.i3investor.com/servlets/stk/fin/3379.jsp?type=last10fy
How to value INSAS? Publish date: Sun, 27 Sep 2020, 2:50 PM

Posted by Sslee > 2020-10-19 17:13 | Report Abuse

Haha i3 lurker,
The PE 8 Lctitan already give me 6 figure book gain.

Posted by Sslee > 2020-10-19 17:16 | Report Abuse

And I need you to goreng Insas up to 90 cents for another 6 figure book gain.

Posted by Sslee > 2020-10-19 20:08 | Report Abuse

Haha i3lurker,
Book gain or book profit: profit that has been made but that has not yet been taken, for example when shares have risen in value since they were bought but have not yet been sold.

Posted by rogers123 > 2020-10-20 00:23 | Report Abuse

Hi Sslee, how is ur prestar? SOLD?

Posted by rogers123 > 2020-10-20 00:24 | Report Abuse

Insas: In giving we receive
Author: Sslee | Publish date: Sun, 4 Oct 2020, 8:09 AM

Dear all,
To all Insas minority shareholders please reject Insas RI but approve the ESOS. The Insas Board and Management rightly deserve to be paid and rewarded fairly for job well done and so are minority shareholders <--- U insane ar? Y no RI?

Posted by Sslee > 2020-10-20 07:00 | Report Abuse

Good morning Roger123,
I listen to you and sold all Prestar shares. I bought back 50,000 units at cost of RM 24,650, thanks for asking.
I oppose RI for the simple reason that Insas is cash rich and do not really need any cash call. I will tell the Board during AGM, I support the ESOS and please tell us what Insas is going to do with the cash hoard.

Mind telling me why you support RI but not ESOS?

68006124 01/08/2020 Brought Forward 240,000 0.4997

69247481 19/08/2020 Sell 10,000 0.5900
69248168 19/08/2020 Sell 10,000 0.6000
69250390 19/08/2020 Sell 10,000 0.6000
69253424 19/08/2020 Sell 10,000 0.6000
69277476 19/08/2020 Sell 10,000 0.6100
69288744 19/08/2020 Sell 10,000 0.6100
69300437 21/08/2020 Sell 10,000 0.6400
69300837 21/08/2020 Sell 5,000 0.6450
69301314 21/08/2020 Sell 5,000 0.6400
69372606 25/08/2020 Sell 5,000 0.6150
69374531 25/08/2020 Sell 5,000 0.6000
69376348 25/08/2020 Sell 15,000 0.5953
69446702 26/08/2020 Sell 1,000 0.5750
69450585 26/08/2020 Sell 15,000 0.5650
69469784 26/08/2020 Sell 19,000 0.5650
69473298 27/08/2020 Sell 10,000 0.5600
69480030 27/08/2020 Sell 5,000 0.5350
69480737 27/08/2020 Sell 30,000 0.5300
69480991 27/08/2020 Sell 5,000 0.5300
69490203 27/08/2020 Sell 10,000 0.5400
69490459 27/08/2020 Sell 10,000 0.5350
69499417 27/08/2020 Sell 9,500 0.5500
69511867 27/08/2020 Sell 20,400 0.5400
69532913 28/08/2020 Buy 4,900 0.5100
69667357 01/09/2020 Brought Forward 5,000 0.5098

70309540 02/09/2020 Sell 5,000 0.5400
70435226 07/09/2020 Buy 10,000 0.5100
70494547 09/09/2020 Buy 5,000 0.5000
70498692 09/09/2020 Buy 5,000 0.5000
70515443 09/09/2020 Buy 10,000 0.5000
70599381 11/09/2020 Buy 10,000 0.4750
70815845 23/09/2020 Buy 10,000 0.4800
71076502 01/10/2020 Brought Forward 50,000 0.4930

Posted by Sslee > 2020-10-20 09:12 | Report Abuse

Dear all,
“Insanity is doing the same thing over and over again, but expecting different results"- Albert Einstein

Everyone know what happen to INSAS-WB 2015/2020 and everyone know you are paying RM 1.00 for a RM3.00+ inside the INSAS locked Bank Vault and the only key to the vault is with Dato Sri Thong. INSAS value can only be unlocked if only you have more shares than Dato’ Sri Thong or a revolt from his lieutenant.

Dato Sri Thong is interest to buy from you your INSAS-WC 2021/2026 cheaply. If INSAS-WB fail to unlock the value what make you think INSAS-WC will unlock the value for you?

Let’s do something different this time round and support ESOS (internal revolt) to unlock the value of INSAS

Posted by rogers123 > 2020-10-20 10:21 | Report Abuse

Sslee: U r clever this time for Prestar. Treat me dinner for my advice?

Posted by Sslee > 2020-10-20 10:53 | Report Abuse

Rogers123,
No problem. Anytime.
Choivo- Capital give me a very good advice to buy into Lctitan.

Posted by Diamond7 > 2020-10-20 13:58 | Report Abuse

Congratulations SSLee!
Good investment!

Posted by Diamond7 > 2020-10-23 19:49 | Report Abuse

Insas need more media coverage!
Then only can bloom!!

Posted by SaraInvestment > 2020-10-24 11:39 | Report Abuse

Insas new gen is in DGSB, don't miss the boat my dear insas supporters

Posted by stockraider > 2020-10-24 11:42 | Report Abuse

GO SSLEE OPPORTUNITY LOH...!!

Posted by SaraInvestment > Oct 24, 2020 11:39 AM | Report Abuse

Insas new gen is in DGSB, don't miss the boat my dear insas supporters

Posted by leno > 2020-10-27 12:30 |

Post removed.Why?

Posted by stockraider > 2020-10-27 23:03 | Report Abuse

Leno,

Would u want to join General Raider vote out the ESOS leh ??

Posted by leno > 2020-10-28 09:27 |

Post removed.Why?

Posted by leno > 2020-10-28 09:42 |

Post removed.Why?

Posted by simon2play > 2020-10-30 16:35 | Report Abuse

Insas venturing into nitrile gloves... check out DGSB annmt just

Posted by Sslee > 2020-10-31 08:54 | Report Abuse

Dear all
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3100886
DGSB (25.48% associate company of Insas) together with INSAS TECHNOLOGY BERHAD (Wholly Owned company of Insas).

As at LPD,the total issued share capital of PSSB RM1,000comprising 1,000ordinary shares,of which 600 ordinary shares (60%) are owned by DGSB and 400 ordinary shares (40%) are owned by ITB.

• Proposed acquisition by DGSB via its 60% subsidiary, Paragon Spectrum Sdn Bhd (“PSSB”) from Teow Yen Kim and Lim Yen Chie of 1,289,500 ordinary shares in Duramitt for a cash consideration of RM10.0 million;
• Proposed subscription by PSSB of 1,934,250 new ordinary shares in Duramitt for a cash subscription consideration of RM15.0 million; and
• Proposed subscription by PSSB of RM15.0 million new redeemable preference shares in duramitt;
With the proposal Duramitt will be 50.1% subsidiary company of PSSB

Duramitt is a manufacturer and supplier of coated and uncoated knitted gloves. Its products cover a wide rangeof coated and non-coated gloves such as non-coated knitted gloves made from cotton, nylon, polyester, kevlar and other various types of yarns. Their coated gloves are coated with various type of compounds such as synthetic rubber (NBR), pure latex, water-based polyurethane, and neoprene, to name a few. Duramitt gloves are certified and tested with the European Standards Laboratory Test, and mechanical hazards EN388 tested and marked. Duramitt supplies its gloves to our customers in Europe, America, Australia and New Zealand.

Duramitt is expanding its businesses to include the manufacturing and sale of medical examination gloves.

As a result ofthe Proposals, Duramitt will receive new cash injection of RM30 million, which will be used to fund the purchase, installation & commissioning of 2 single former nitrate examination glove production lines at the current factory area of 270,830 sq.ft. by early Q1, 2021and another 2 double former nitrate examination gloves production lines by early Q2, 2021. The minimum production capacity based on the 4 production lines is 600 million pieces of examination gloves per annum.

Duramitt has a vacant 3 acres land adjoining its existing factory which can be built as a new factory or as an extension of the existing factory to accommodate an additional 12 examination glove production lines if the demand of examination gloves due to the COVID-19 outpace the supply. This will enable their examination gloves production capacity to generate close to 3.0 billion pieces annually

Posted by SaraInvestment > 2020-10-31 10:49 | Report Abuse

simon2play Insas venturing into nitrile gloves... check out DGSB annmt just

more to come

Posted by stockraider > 2020-10-31 11:27 | Report Abuse

Yes mah...!!

Like that Insas should worth above Rm 1 billion mktcap mah...!!

But insas management very publicity shy loh....!!

GSB (25.48% associate company of Insas) together with INSAS TECHNOLOGY BERHAD (Wholly Owned company of Insas).

As at LPD,the total issued share capital of PSSB RM1,000comprising 1,000ordinary shares,of which 600 ordinary shares (60%) are owned by DGSB and 400 ordinary shares (40%) are owned by ITB.

• Proposed acquisition by DGSB via its 60% subsidiary, Paragon Spectrum Sdn Bhd (“PSSB”) from Teow Yen Kim and Lim Yen Chie of 1,289,500 ordinary shares in Duramitt for a cash consideration of RM10.0 million;
• Proposed subscription by PSSB of 1,934,250 new ordinary shares in Duramitt for a cash subscription consideration of RM15.0 million; and
• Proposed subscription by PSSB of RM15.0 million new redeemable preference shares in duramitt;
With the proposal Duramitt will be 50.1% subsidiary company of PSSB

Duramitt is a manufacturer and supplier of coated and uncoated knitted gloves. Its products cover a wide rangeof coated and non-coated gloves such as non-coated knitted gloves made from cotton, nylon, polyester, kevlar and other various types of yarns. Their coated gloves are coated with various type of compounds such as synthetic rubber (NBR), pure latex, water-based polyurethane, and neoprene, to name a few. Duramitt gloves are certified and tested with the European Standards Laboratory Test, and mechanical hazards EN388 tested and marked. Duramitt supplies its gloves to our customers in Europe, America, Australia and New Zealand.

Duramitt is expanding its businesses to include the manufacturing and sale of medical examination gloves.

As a result ofthe Proposals, Duramitt will receive new cash injection of RM30 million, which will be used to fund the purchase, installation & commissioning of 2 single former nitrate examination glove production lines at the current factory area of 270,830 sq.ft. by early Q1, 2021and another 2 double former nitrate examination gloves production lines by early Q2, 2021. The minimum production capacity based on the 4 production lines is 600 million pieces of examination gloves per annum.

Duramitt has a vacant 3 acres land adjoining its existing factory which can be built as a new factory or as an extension of the existing factory to accommodate an additional 12 examination glove production lines if the demand of examination gloves due to the COVID-19 outpace the supply. This will enable their examination gloves production capacity to generate close to 3.0 billion pieces annually

Posted by Thinkcarefully > 2020-11-01 09:08 | Report Abuse

DGSB share fell after the announcement.Will the same happen to Insas on Monday?

Posted by Sslee > 2020-11-01 09:45 | Report Abuse

Haha leno from 4.2 to 4.3 and now:
Posted by leno > Oct 28, 2020 9:42 AM | Report Abuse

more than 4.4 fakking millions ... tick tock tick tock ....
All the BEST COMRADES !!
BBYE !!
See y'all after GM !!
And dun forget .....
BOH CHOOW CCCCCCCCCCC AAAAAAAAAAAAAAAAAA !!

Posted by stockraider > 2020-11-01 11:59 |

Post removed.Why?

Posted by stockraider > 2020-11-01 12:14 | Report Abuse

U NEED TO INVEST LONGER TERM IN INSAS TO MAKE VERY BIG MONIES LOH!

Posted by Good123 > Oct 28, 2020 5:26 PM | Report Abuse

Think long term

“The big money is not in the buying and selling, but the waiting” - Charlie Munger

Finally, patience. If you’ve been you’ll know that we’re long-term investors at heart.

As humans we generally have a tendency for activity, we always want to be doing something. In financial markets, that can take the form of buying and selling frequently.

However, if we buy and sell, we unnecessarily interrupt the 8th wonder of the world from working its magic: compound interest.

To illustrate, if you start with $1 and it increases by 1% each day and is compounded daily for a year, it grows to $37. That’s a 37 fold increase.

After 5 years, that initial dollar becomes $77,002,912.

So long term investing is where the big money is made.

Posted by stockraider > 2020-11-01 16:39 |

Post removed.Why?

Posted by stockraider > 2020-11-01 16:43 | Report Abuse

Insas is reaching inflexion point as it get closer to its very positive QI result as at 30-9-2020 in November loh...!!

U cannot have this sslee type of thinking, like other people should not be greedy & yet he still want to do very well in investment loh...!!

The other thing is sslee want to fight for minority shareholder,that cannot even afford the rights issue..SURELY IF THEY CANNOT AFFORD, IS IT now THE TIME TO SCALEDOWN THEIR INVESTMENT BY SELLING SOME IN ORDER TO RAISE SOME MONIES TO SUBSCRIBE FOR THE RIGHTS LEH??

SSLEE TYPE OF ATTITUDE, IF HE GENUINELY WANT TO FIGHT FOR THE POOR & THE UNDER PRIVILEDGE, HE SHOULD JOIN THE MISSIONARY SERVICE & DO SOCIAL SERVICE SOME WHERE IN AFRICA MAH...!!

AS FOR GREED...IT IS VERY IMPORTANT AS A INVESTOR MAH....WITHOUT IT U CAN NEVER BE GREAT MAH...!!

BUT PLEASE TAKE NOTE WHEN EVER U R GREEDY U NEED TO BE BALANCE BY THE RISK U R TAKING MAH..!!

THIS IS HOW CAPITALISM WORKS MAH....!!

U NEED TO UNDERSTAND GREED & HOW To BALANCE THE RISK LOH...!!

Posted by Sslee > Jul 29, 2020 7:13 AM | Report Abuse

Good morning,
Please allow me to copy and paste the meaning of greed.

Greed is a natural instinct shared by many other complex organisms. Especially when it comes to possession of food or reproductive partners. However, in Homo Sapiens it has evolved to a highly obsessive and excessive compulsion.

The definition of greedy person is someone who wants more of something than he is entitled to or the behavior of wanting more than you are entitled to

There is a fine line between greed and ambition. It all depends on what kind of greed you have. ... However, the means to make that money can determine whether your greed has taken you in the right or wrong path

What are the warning signs of uncontrolled greed? Overly self-centered behaviour becomes the first give-away of greedy people. Envy and greed are like twins. Greedy people are always saying “me, me, me” with very little regard for the needs and feelings of others. ... While greed is a strong desire for more and more possessions (such as wealth and power), envy goes one step further and includes a strong desire by greedy people for the possessions of others

A person who is consumed by greed becomes utterly fixated on the object of his greed. Life in all its richness and complexity is reduced to little more than a quest to accumulate and hoard as much as possible of whatever it is that he craves

The greedy person is too attached to his things and his money, or he desires more money and more things in an excessive way. Greed has unpleasant effects on our inner emotional lives. ... If I am greedy, and am excessive in my acquisition and keeping of possessions, I may be depriving others of their basic needs.

Corinthians 6:10 nor thieves nor the greedy nor drunkards nor slanderers nor swindlers will inherit the kingdom of God.

Posted by stockraider > 2020-11-01 16:45 | Report Abuse

Must keep diversify portfolio mah...!!


Posted by deMusangking > Nov 1, 2020 4:44 PM | Report Abuse

better sell insas to buy netx!!!!
haha

Posted by stockraider > 2020-11-01 16:53 | Report Abuse

Insas is manage very well like berkshire hathaway mah...!!

Actually thinking of it carefully, Insas is much more similar to berkshire hathaway & no way similar to icap loh...!!

Posted by Thinkcarefully > Jul 15, 2020 1:47 PM | Report Abuse

Insas is quite similar to icap, but 10x better.
Insas give good dividend, icap nothing
Insas regularly come out with proposals to enrich longterm shareholders.
Like the coming rights and free warrants.Icap nothing
In these sort of companies NAPS is more important than earnings
Anyone who cannot see the positive side of the proposals is either too greedy or ignorant

Posted by stockraider > 2020-11-01 16:55 | Report Abuse

This is why the insas corporate exercise is very beneficial to us loh!

WHY THE PROPOSAL FROM THONG FOR INSAS IS VERY POWERFUL LOH...!!
REMEMBER THIS PROPOSAL THIS IS A POWERFUL STRATEGY OF SHARE PRICE ENHANCEMENT OF INSAS MAH...!!

For a long time sslee had been harping insas is deeply undervalue mah.!!
The share is only 0.755 up from about rm 0.64 just less than 1 month ago
This an increase of 18% mah...!!

Despite the increase insas nta is Rm 2.65 & if u take on the mark to market inari share...insas value is as high as rm 3.65 mah...!!
Now that Thong has done alot of thing to bring up the value of insas, short of giving a GO for insas, but market did not responded to a strong rerating yet mah...!!

Given the scenario of sharp undervaluation, what is the strategy for insas leh ??

The best strategy is buy more of the company loh...!!

U need to understand mah...they ask for bridging loan to repay previous RPS with a strategic objective mah...!!

So that can issue fresh new better RPS with more warrants mah...!!

This to ensure that SC can smoothly approve their proposal bcos to repay bridging loan mah.....!!


We much be flexible to see the owners's view loh..!

What if after the current proposal ...there is nothing to stop the owner to propose a bonus issue mah...in this way you can even make more than outright bonus proposal propose by u mah...!!

The reasons u can make so much more...is that u have put much more monies safely in insas to take up the RPS with warrant loh...!!

If u r a minority shareholder, if insas has no proposal your share price is Rm 0.64...now with the proposal your share price is rm 0.755, it is better for u mah...!!

Yes..u have no monies...to take up the rights...then u should find monies mah...!!

If u still cannot find, then better selloff some of your existing insas holding to raise monies to take up the right issue mah..!!

U need to raise fund over 4 months loh...!!

The deal is safe & beneficial for u mah...!

Posted by stockraider > 2020-11-01 16:58 |

Post removed.Why?