Posted by Mikecyc > 2020-12-06 02:17 |

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Posted by Mikecyc > 2020-12-06 02:20 |

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Posted by Mikecyc > 2020-12-06 02:38 | Report Abuse

Hsha good dividend counter Zhulian each year at least 8 % better than 3.8 % ... buy now can enjuy price gain by netx year ...

Never ask funding from share holder ... give bonus issue only ..

Posted by stockraider > 2020-12-06 11:49 | Report Abuse

Zhulian with good dividend, but its share price not such a huge discount to its fair value like insas mah...!!

Thus insas got huge margin of safety loh...!!

What is there fear cash call when the proposal is very positive to shareholders wealth & pocket leh ??

U should welcome the cash call loh...!!


Posted by Mikecyc > Dec 6, 2020 2:38 AM | Report Abuse

Hsha good dividend counter Zhulian each year at least 8 % better than 3.8 % ... buy now can enjuy price gain by netx year ...

Never ask funding from share holder ... give bonus issue only ..

Posted by stockraider > 2020-12-06 12:02 | Report Abuse

Insas is breaking out to higher level mah...!!

Beginning sign of strong positive upwards movement loh..!

U buy insas the safest stock in Malaysia with very high upside potential mah...!!

Buying insas hathaway is just like buying berkshire hathaway, it is the safest stock to invest with very big margin of safety loh....!!

The fair value of insas is easily as high as Rm 4.00 loh...!!

Do not miss this chance of the lifetime very profitable opportunity with extremely low risk loh...!!

In addition there are an additional dividend 2 sen coming & a very advantage corporate exercise coming loh...!!

Insas with good operating business condition in the stock market and with some disposal of inari shares & disposal of sengenic share ( which netted Rm 50m to Rm 100m} in the 2nd quarter Insas should be able to show coming record 2nd qtr profit loh...!!

That is the time when insas share price may shoot past Rm 1.30 loh...!!

This is an extreme gain of 55% within 6 months mah..!!

Go in while it is still very early loh...!!

Jump in b4 too late mah...!

Posted by stockraider > 2020-12-06 12:05 | Report Abuse

INSAS IS ONE OF THE TECHNOLOGY LEADERS IN MALAYSIA.

we believe the prospects of our industry remain positive as
the advancement and rollout of new technologies like 5G,
Internet-of-Things (IoT) and artificial intelligence (AI) will
continue to drive demand for semiconductors.

At Inari, we remain steadfast in our approach to work on and benefit
from the adoption of these next-generation technologies.


Don be conned by your sohai jaks loh...!!

Better Switch to Insas mah...!!

Posted by stockraider > Nov 28, 2020 11:33 PM | Report Abuse X

The "cost of sengenics to Insas is zero" loh...!!

According to Tan Sri Thong the ex director & major shareholder of Insas in the AGM few years back,...he says Insas had fully recovered all its investment cost on sengenics loh....!!

posted by stockraider > Nov 28, 2020 11:28 PM | Report Abuse X

What will be Insas selling Price of Sengenics leh ??

No one really knows loh ??

An intelligent guess will be in the region of USD 10m mah...!!

Insas last sold a batch of 5,000,00 Inari shares at RM 2.296 on 3th Aug 2020 thus Q1 result already included the profit from sales of 55 millions Inari shares.
Q2 will be another one-off gain from sale of Sengenics
Currently Insas is the biggest shareholder of Inari with 554,853,575 units about 17.039%

Posted by stockraider > 2020-12-06 12:11 |

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Posted by stockraider > 2020-12-06 13:18 | Report Abuse

Insas always Green, Raider very handsome mah...!!


Posted by deMusangking > Dec 6, 2020 1:14 PM | Report Abuse

Insas red......raider face green
Jaks green...raider face also green
Haha

Posted by stockraider > 2020-12-06 13:34 | Report Abuse

Investment based on Margin of safety is layback and simple n usually successful mah...!!

Benjamin Graham has been practising it successfully mah...!!

Insas is a good classic margin of safety stock pick here loh..!!

If u buy insas even if no growth say u get 4% yield pa....but u pay rm 0.865 for rm 2.75 nta AND worth rm 4.50 assets mah...!!

Thus rm 2.75 x 4% pa ur return is rm 0.11 per share loh...!! Rm 0.10 per share profit on insas agst ur investment cost of rm 0.865 already got yield or return on investment of 12% pa...so u chinchai already got return every year loh...!!

So there are 3 potential gain on insas if u buy cheap mah;
1. The discount of rm 2.75 for rm 0.865 u already save rm 1.89 per share
2. U getting fixed about 0.11 cashflow...that give u yield 12% pa.
3. There is some potential for your earnings growth loh..!!

Compare QL
For Ql u get less than 1% pa div yield & PE 50x....that will require about 50 yrs to 1000 yrs, just to get back ur investment capital...yes u can rely on growth but how much & how long, it require to catch up with insas if u overpay on QL leh ??

For all u may know....it will never catch up loh...!!

Conclusion
Insas value is already there mah...!!

For QL u hope ur value can grow & grow to catch up with insas loh...!!

But insas already there & far ahead of QL mah....!!

When a stock is cheap, look for the reason,why a stock is cheap?.

If a stock is cheap for a temporary reason, then it becomes value investing.

If a stock is cheap for a permanent reason, then it becomes a value trap.

When you look at the situation if INSAS, you come to the question:

When can I reasonably expect the temporary undervaluation of INSAS to be resolved to it's proper price?

If your answer is I don't know when it will resolve, how it who will resolve it, or why would they?

Then you are better off not owning INSAS.

Just look at the amazing growth track record of value creation of insas for the past 10 yrs

Sept 2020- Nta Rm 2.20
June 2019- Nta Rm 2.62

Dec 2018- Nta Rm 2.54

Dec 2017..Nta rm 2.49

Dec 2016 ...Nta Rm 2.18

Dec 2015..Nta Rm 1.96

Dec 2014..Nta rm 1.82

Dec 2013 nta..rm 1.71

Dec 2012 nta ..rm 1.51

Dec 2011 nta..rm 1.38

Dec 2010 nta...rm 1.22

Dec 2009 nta ..rm 1.14

INSAS IS GROWING STRONGLY MAH....ONLY THOSE PEOPLE DO NOT UNDERSTAND BERKSHIRE HATHWAY BUSINESS MODEL ARE SAYING INSAS HATHWAY BUSINESS MODEL ARE LOUSY LOH...!!

BUT INSAS BUSINESS MODEL ARE SAME SAME MAH, IN FACT INSAS GENERATE COMPOUND EARNINGS OF 12% PA SAME SAME AS BERKSHIRE WOH..!!...HOW COULD BE BERKSHIRE VERY GOOD & INSAS VERY BAD LEH ??

Posted by Sslee > 2020-12-06 14:24 | Report Abuse

Haha deMusangking, Already sold all my Jaks. Next year will buy back 1 lot to qualify as shareholder to hammer ALP again during AGM

Posted by Mikecyc > 2020-12-06 21:49 |

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Posted by Mikecyc > 2020-12-06 21:50 |

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Posted by Sslee > 2020-12-07 07:27 | Report Abuse

Page 8: The main contributor of pre-tax profit in FY 2020 is the Technology segment accounting for RM32.0 million (FY 2019: RM62.9 million), followed by the Financial Services segment contributing RM31.3 million (FY 2019: RM25.2 million). As a result of the unfavourable factors highlighted above, the investment holding & trading segment suffered a pre-tax loss of RM49.2 million due to unrealised mark to market losses of financial assets at fair value through profit or loss and derivative financial instruments (FY 2019: pre-tax profit of RM1.5 million).

From IGB REITS, Omesti Berhad and SYF Resources Berhad Annual report. INSAS holding in:
Omesti Berhad: 52,159,500 units
Omesti price: 28/6/2019 RM 0.405: 30/6/2020: RM 0.52

SYF Resources Berhad: 50,015,200 units
SYF price: 28/6/2019 RM 0.21: 30/6/2020 RM 0.13

IGB Reit: UOBM Nominees (Asing) Sdn Bhd Pledged Securities Account for Montego Assets Limited (PCB): 10,000,000 units
IGB Reit price: 28/6/2019 RM 1.91 30/6/2020: RM 1.79.

Singapore OCBC price: 28/6/2019 Sing dollar 11.40 30/6/2020: Sing dollar 9.00
Q5: Can the Board confirm the units of Oversea-Chinese Banking Corporation Limited shares INSAS hold on 28/6/2019 and on 30/6/2020?

The investment holding & trading segment suffered a pre-tax loss of RM49.2 million due to unrealised mark to market losses of financial assets at fair value through profit or loss and derivative financial instruments

MIKECYC.
Go and check what are OCBC, Omesti, SFY and IGB Reit price now compare to end june and end Sept?

Posted by Sslee > 2020-12-07 07:36 | Report Abuse

Also what is Q1 Inari profit? And Q1 dividend pay out by Inari?

Posted by Sslee > 2020-12-07 07:39 | Report Abuse

Know how much dividend Insas will received from Inari alone?

Posted by Sslee > 2020-12-07 07:43 | Report Abuse

By the way know what is the intetest charge by ICL? And loans outstanding with security provided?

Posted by Mikecyc > 2020-12-07 08:49 |

Post removed.Why?

Posted by Mikecyc > 2020-12-07 08:50 |

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Posted by Sslee > 2020-12-07 08:57 | Report Abuse

The detail on selling of Inari shares:
Date Seller Units Price Amount estimate cost Profit
3-Aug-20 Media Lang 5,000,000 2.296 11,480,000 1.5700 7,850,000
30-Jul-20 Media Lang 5,000,000 2.131 10,655,000 1.5700 7,850,000
29-Jul-20 Media Lang 5,000,000 2.006 10,030,000 1.5700 7,850,000
28-Jul-20 Insas Plaza 1,000,000 1.970 1,970,000 0.2268 226,800
23-Jul-20 Media Lang 2,000,000 1.880 3,760,000 1.5700 3,140,000
23-Jul-20 Insas Plaza 1,000,000 1.880 1,880,000 0.2268 226,800
22-Jul-20 Media Lang 3,000,000 1.876 5,628,000 1.5700 4,710,000
22-Jul-20 Insas Plaza 500,000 1.864 932,000 0.2268 113,400
21-Jul-20 Media Lang 5,000,000 1.881 9,405,000 1.5700 7,850,000
21-Jul-20 Insas Plaza 1,000,000 1.887 1,887,000 0.2268 226,800
20-Jul-20 Insas Plaza 1,000,000 1.798 1,798,000 0.2268 226,800
17-Jul-20 Insas Plaza 500,000 1.753 876,500 0.2268 113,400
15-Jul-20 Insas Tech 10,000,000 1.767 17,670,000 0.2268 2,268,000
9-Jul-20 Insas Plaza 1,000,000 1.899 1,899,000 0.2268 226,800
6-Jul-20 Insas Plaza 1,000,000 1.858 1,858,000 0.2268 226,800
3-Jul-20 Media Lang 5,000,000 1.810 9,050,000 1.5700 7,850,000
3-Jul-20 Insas Plaza 2,000,000 1.798 3,596,000 0.2268 453,600
2-Jul-20 Insas Plaza 500,000 1.774 887,000 0.2268 113,400
2-Jul-20 Media Lang 150,000 1.760 264,000 1.5700 235,500
1-Jul-20 Media Lang 4,850,000 1.753 8,502,050 1.5700 7,614,500
1-Jul-20 Insas Plaza 500,000 1.758 879,000 0.2268 113,400
55,000,000 104,906,550 59,486,000 45,420,550
Insas Plaza 10,000,000 18,462,500 2,268,000 16,194,500
Insas Tech 10,000,000 17,670,000 2,268,000 15,402,000
Medis Lang 35,000,000 68,774,050 54,950,000 13,824,050

After selling 55 million in Q1 Insas still hold:
Name INSAS BERHAD
Indirect/deemed interest (%) 17.039
Indirect/deemed interest (units) 554,853,575
Date of notice 04 Aug 2020
Indirect interest:-
(1) Insas Technology Berhad - 424,769,375 (No change)
(2) Media Lang Limited - 26,016,500
(3) Insas Plaza Sdn Bhd - 103,867,700 (No change)
(4) Montego Assets Limited - 200,000 (No change

Posted by Sslee > 2020-12-07 09:00 | Report Abuse

RI circular already out. Go and read the circular

Posted by Mikecyc > 2020-12-07 09:08 |

Post removed.Why?

Posted by leno > 2020-12-07 09:39 | Report Abuse

more than 4.8 M ...

Posted by leno > 2020-12-07 09:52 | Report Abuse

Insas Comrades
1. leno
2. stockraider
3. Sslee
4. TheContrarian
5. Diamond7
6. Mandyfung

Posted by hng33 > 2020-12-07 11:00 | Report Abuse

bought insas at 88sen

Posted by leno > 2020-12-07 11:04 | Report Abuse

leno Insas Comrades
1. leno
2. stockraider
3. Sslee
4. TheContrarian
5. Diamond7
6. Mandyfung
7. hng33

Posted by rogers123 > 2020-12-07 11:34 | Report Abuse

Insas gogogo! Hahaha

Posted by 3101575000 > 2020-12-07 13:09 | Report Abuse

Leno u forget to put me in I followed you so many years . 3101575000

Posted by leno > 2020-12-07 15:16 | Report Abuse

leno leno Insas Comrades
1. leno
2. stockraider
3. Sslee
4. TheContrarian
5. Diamond7
6. Mandyfung
7. hng33
8. 3101575000

Posted by Sslee > 2020-12-07 17:14 | Report Abuse

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3109995

10. ESTIMATED TIMEFRAME FOR IMPLEMENTATION
The tentative timetable in relation to the Proposals is as follows:-
Event Date
EGM: 23 December 2020
Announcement of Entitlement Date: Early January 2021
Entitlement Date: End January 2021
Issuance of Abridged Prospectus for the Proposed Rights Issue with Warrants: End January 2021
Closing date for subscription and payment of the Proposed Rights Issue with Warrants: Mid February 2021
Listing of and quotation for the Rights RPS and Warrants: End February 2021
Submission of the By-Laws for the Proposed ESOS: End February 2021

Barring any unforeseen circumstances and subject to receipt of all relevant approvals, the Proposals are expected to be completed by the first quarter of 2021.

Posted by TheContrarian > 2020-12-07 19:27 | Report Abuse

Interim dividend coming.

Posted by Sslee > 2020-12-07 19:53 | Report Abuse

Stock [INSAS]: INSAS BHD
Announcement Date 07-Dec-2020
Financial Year 30-Jun-2021
Subject Interim Dividend
Type Dividend - Normal or Special
Description Interim single tier dividend of 2.0 sen per ordinary share
Amount RM 0.0200
Ex Date 21-Dec-2020
Entitlement Date 22-Dec-2020
Payment Date 13-Jan-2021

Posted by TheContrarian > 2020-12-07 20:09 | Report Abuse

I have raised RM400,000 cash to subscribe for the RPS.

Posted by hng33 > 2020-12-07 20:14 | Report Abuse

entitle cash dividend first, follow by subscribe right + free warrant next.

Posted by leno > 2020-12-07 21:26 | Report Abuse

With rm 400,000, u can buy 460,000 insas share at 86.5 sen .... then after AGM, insas share will shoot up to rm 1.00 ... and u can sell back and pocket rm 60,000 easily, or wait until near rps and sell at rm 1.25- rm 1.50 and pocketed profit rm 150,000-rm 250,000 .... but decision is your to make. Cheers.

Posted by TheContrarian > 2020-12-07 22:09 | Report Abuse

What if Ah Thong dies suddenly?

Posted by leno > 2020-12-07 22:24 | Report Abuse

... u no ask the same question when u drive car every day ?

Posted by leno > 2020-12-07 22:25 | Report Abuse

but i am not advising u to do so ... i just give u some option ... risk and reward is your to take. Cheers.

Posted by TheContrarian > 2020-12-07 22:27 | Report Abuse

RPS is redeemable, protects the principal amount invested.

Posted by Cloudboy > 2020-12-08 08:10 | Report Abuse

i hav been following this stock quite some time...this stock is very laggard....only have margin of safety......wasting a lot of oppurtunity outside if u jus hold and wait for this stock

Posted by Cloudboy > 2020-12-08 08:10 | Report Abuse

somemore the thong guy is very stingy...like osk boss ONG...very hard to win them

Posted by Mandyfung > 2020-12-08 08:23 | Report Abuse

Dear INSAS canteeeeeeeek,
Will wait patiently till the AGM and expecting your reward. Add oil dear everyone..

Posted by jellyfish > 2020-12-08 08:44 | Report Abuse

sell all other stocks, all in to Insas.

Posted by leno > 2020-12-08 09:27 | Report Abuse

Insas Comrades
1. leno
2. stockraider
3. Sslee
4. TheContrarian
5. Diamond7
6. Mandyfung
7. hng33
8. 3101575000
9. jellyfish

Posted by leno > 2020-12-08 09:41 |

Post removed.Why?

Posted by hng33 > 2020-12-08 10:00 | Report Abuse

RPS is alike FD, but with triple yield. just relocate your safe heaven fd to subscribe 2 RPS and entitle 5 free warrant for every 10 share. The free warrant is worth at least 30sen/warrant. Once EGM approve, the insas price need to stay at current low level at least for 5 day before warrant exercise fixing price as the exercise price carry nil premium, therefore, the lower the insas market price, the lower the exercise warrant price. Thus, keep low profile now for insas till warrant exercise price fixing. Meantime, just pocket first 2 sen dividend as sweeter.

Posted by leno > 2020-12-08 10:15 | Report Abuse

So, many scenarios can be workout.
But before we put up the scenario, we need to ask how relevance is this scenario ?
Too much information is no better than zero information.
At the end, it will all come back to NTA, net cash per share, eps, diy and business prospect.
Leno is very happy with all these.

Posted by TheContrarian > 2020-12-08 10:26 | Report Abuse

Hng33 has a valid point, price of Insas might stay low until fixing of warrant exercise price.

Posted by leno > 2020-12-08 10:36 | Report Abuse

So, insas with Asset of RM 4.50
can easily earn 20 - 40 sen per year,
can easily give 10 - 20 sen dividend per year,
So, insas price can easily go up to RM 1.50 - RM 4.00
Of course "can" and "will" - go up may be a different thing and at different time.
But again, this is how leno look at insas.
For some, they will look at different things.
Share market is a Voting Machine.
At the end, it is how much we make from the share market that define how successful we are, not how much the share price go up or go down, or how long kena penjara.
Leno knew some(many)one who never stay long in penjara but losing money by cutting loss after loss ...and after loss.
No offend.
Cheers.

Posted by leno > 2020-12-08 10:40 | Report Abuse

TheContrarian,
what is the probability of insas stay low until price fixing ?
Do not try to answer this, because leno can come out with why insas can shoot up now, or before agm and again before and after fixing price, and after exercise price and so on ...
FOCUS on the RELEVANCE information.
Cheers.

Posted by leno > 2020-12-08 10:51 | Report Abuse

Insas Comrades
1. leno
2. stockraider
3. Sslee
4. TheContrarian
5. Diamond7
6. Mandyfung
7. hng33
8. 3101575000
9. jellyfish
10. raider's uncle
11. Persatuan Teow Chew