Posted by TheContrarian > 2021-01-22 11:39 | Report Abuse

Welcome.

Posted by stockraider > 2021-01-22 11:40 | Report Abuse

Correct mah!

Today inari hold up at Rm 3.16....remember not to overlook insas rm 0.945 an alternarive exposure to inari mah...!!

1 insas is equal to 0.84 inari that means insas value on inari is 0.84 x rm 3.16 = rm 2.65 loh...!!

Do not missed this alternative opportunity of bargain buy loh!

Posted by Sslee > 2021-01-22 13:01 | Report Abuse

Holding 1 Insas is indirectly hold 0.837 Inari and everything else inside Insas.

Posted by Sslee > 2021-01-22 13:12 | Report Abuse

Duramitt 50.1% subsidiary company of PSSB(60% Dgsb 40% Insas) 2 single former nitrate examination glove production line will be operational on mid Feb 2021 a slight delay.

Posted by 3101575000 > 2021-01-22 13:19 | Report Abuse

I bought DGSB

Posted by Lpc1225 > 2021-01-24 09:40 | Report Abuse

it is worth observiing insas share movement next week with the following background:1)slightly more than one week to go before ex date of free warrants. 2)with the advent of 5G and 6G, tech stock are moving up very strongly,inari:3.23,omesti:0.57.3)more than 6 million shres of short position to cover back in order to not to miss the ex date of free warrants.4)second quarterly result announcement is just around the corner.

Posted by stockraider > 2021-01-24 11:22 | Report Abuse

Correct mah!

Today inari hold up at Rm 3.23....remember not to overlook insas rm 0.95 an alternarive exposure to inari mah...!!

1 insas is equal to 0.84 inari that means insas value on inari is 0.84 x rm 3.16 = rm 2.71 loh...!!

Do not missed this alternative opportunity of bargain buy insas in substitute for inari loh!

Posted by WannabeKakies > 2021-01-25 01:45 | Report Abuse

UnderValue stock! it is partner with Inari, where Inari already$ 2.60-3.00 level. Should break 1.5!!!

Posted by rogers123 > 2021-01-26 09:16 | Report Abuse

Sslee: Right at 1.00 and the share price is 0.94. ?????

Posted by rogers123 > 2021-01-26 09:16 | Report Abuse

Y ur dad stock is so lousy

Posted by Sslee > 2021-01-26 10:45 | Report Abuse

Haha rogers123,
The right at 1.00 is for the RPS, the 2.5 free warrant for every 1 RPS exercise price is 90 cents.

Posted by TheContrarian > 2021-01-26 12:14 | Report Abuse

Leno already run. Boh chow si.

Posted by ivan9511 > 2021-01-26 17:35 | Report Abuse

6244 posts
Posted by TheContrarian > Jan 26, 2021 12:14 PM | Report Abuse

Sifu if you like Insas and bst I guess you also buy Mmc Mmc hold gasm malakof port is a much business like tenaga bursa must use in public
Now Mmc drop a lot and cheap high Nta high div business net profit got Gasmalaysia Malakof is a best of the best

Posted by TheContrarian > 2021-01-26 19:06 | Report Abuse

I don't like ports, I also don't like big cap shares. Last time I owned MMC was a very long time ago before that Syed fella took control.

Posted by TheContrarian > 2021-01-26 19:08 | Report Abuse

Actually I am beginning to dislike Insas. Friday I am going to sell some.

Posted by ivan9511 > 2021-01-26 21:34 | Report Abuse

Noted thanks

Posted by TheContrarian > 2021-01-26 21:59 | Report Abuse

ivan9511, take a look at KPS.

Posted by chkhooju > 2021-01-26 22:24 | Report Abuse

@TheContrarian, why KPS? Anything brewing?

Posted by TheContrarian > 2021-01-26 22:43 | Report Abuse

79 sen is cheap, I always like to buy cheap.

Posted by AlfI3 > 2021-01-27 00:34 | Report Abuse

Insas shud b a valued buy & is meant for value investing for mid term

Posted by Sslee > 2021-01-27 08:49 | Report Abuse

Good morning TheContrarian,
One Insas not yet can buy 2 Jaks.

Posted by Junqi > 2021-01-27 09:25 | Report Abuse

Hopefully there will be a last 100m sprint

Posted by Sslee > 2021-01-27 09:33 | Report Abuse

Kenanga upgrades Inari TP to RM4.00
How much will INSAS-WC (2021-2026) worth?

Posted by Sslee > 2021-01-27 09:41 | Report Abuse

Also interest to know how much people ready to offer INSAS-PR when trading on 4th to 11th Feb 2021

Posted by Sslee > 2021-01-27 10:25 | Report Abuse

3 more trading day before RI ex-date on 2 Feb 2021

Posted by canbuyla > 2021-01-27 10:32 | Report Abuse

so much cash...still raise fund..why ?

Posted by Sslee > 2021-01-27 10:50 | Report Abuse

Old business school thinking. Cash is king and you need a lot of cash to take it when opportunity presents itself.

Posted by stockraider > 2021-01-27 12:33 | Report Abuse

Insas may be able to break Rm 1.00 soon loh!!

Today inari hold up at Rm 3.50....remember not to overlook insas rm 0.98 an alternarive exposure to inari mah...!!

1 insas is equal to 0.84 inari that means insas value on inari is 0.84 x rm 3.50 = rm 2.94 loh...!!

Do not missed this alternative opportunity of bargain buy investment loh!

Posted by stockraider > 2021-01-27 15:20 | Report Abuse

You cannot use all the volume done today as short cover loh!

They may not even cover today mah...!!


Posted by TheContrarian > Jan 27, 2021 2:37 PM | Report Abuse

Still about 2 million shares need to cover.

Posted by hng33 > 2021-01-27 16:09 | Report Abuse

sold back insas at 98.5sen

Posted by pasanglang > 2021-01-27 16:41 | Report Abuse

powerful

Posted by Lpc1225 > 2021-01-27 21:14 | Report Abuse

insas has touched rm1.00 twice recently but retreated quickly after that.today it has touched rm1.00 again,hope it can maintain its upward momentum this time in view of its imminent free warrant ex-date and also the fantastic performance of inari.

Posted by Sslee > 2021-01-27 23:03 | Report Abuse

Name INSAS BERHAD
Details of Changes:
Currency -
Date of Change Type Number of Shares
27-Jan-2021 Disposed 5,000,000
Registered Name M & A Nominee (Asing) Sdn Bhd for Media Lang Limited
Nature of Interest Indirect Interest
26-Jan-2021 Disposed 5,000,000
Registered Name M & A Nominee (Asing) Sdn Bhd for Media Lang Limited
Nature of Interest Indirect Interest
Nature of Interest Indirect Interest
Shares Ordinary shares
Reason Disposal in the open market
Total no of securities after change
Direct (units) 0
Direct (%) 0.00
Indirect (units) 544,853,575
Indirect (%) 16.48
Total (units) 544,853,575
Total (%) 16.48
Date of Notice 27-Jan-2021

Posted by Sslee > 2021-01-27 23:04 | Report Abuse

Insas sold 10 million of Inari shares

Posted by pang72 > 2021-01-27 23:05 | Report Abuse

Inari up, insas shareholders cheerfully too!!

Posted by Sslee > 2021-01-27 23:10 | Report Abuse

26/01/2021
5,000,000
Disposed
Indirect Interest
Name of registered holder M & A Nominee (Asing) Sdn Bhd for Media Lang Limited
Description of "Others" Type of Transaction
Consideration (if any) RM3.2034 per share
27/01/2021
5,000,000
Disposed
Indirect Interest
Name of registered holder M & A Nominee (Asing) Sdn Bhd for Media Lang Limited
Description of "Others" Type of Transaction
Consideration (if any) RM3.43635 per share

Posted by TheContrarian > 2021-01-28 00:32 | Report Abuse

Can distribute special dividend of 5 sen from the proceeds.

Posted by stockraider > 2021-01-28 11:02 | Report Abuse

Btw 10m inari sold means how much profit for insas leh ?

Posted by Sslee > Jan 27, 2021 11:04 PM | Report Abuse

Insas sold 10 million of Inari shares

Posted by stockraider > 2021-01-28 11:24 | Report Abuse

Small win only lah!!

Not like inari very big wins mah!!

The future good news for insas is coming very soon that will bring INSAS to the greatest super high loh!

Posted by pang72 > Jan 28, 2021 11:17 AM | Report Abuse

Yes! Raider..
Congrate your big win on Insas..

After insas right issue and bullets ready, Inari will fly like rocket together with insas..

stockraider Do not forget Insas shareholders are very big latent owner on Inari share price rise too mah!!

Posted by pang72 > Jan 28, 2021 11:10 AM | Report Abuse

I also don't understand hardcare people hold Inari from 1.50 to 3.46 earn till xiao wheres Gooshen shit here all time gaining shit!!

Who is the winner leh?

Answer is Inari hardcore la!!

CONTINUE TIGHT VTIGHT IN INARI FOR THE CENTRURY TECHNOLOGY BULL RUN LO!!

Posted by CautiousTrader > 2021-01-28 13:16 | Report Abuse

"M&A Securities Sdn Bhd, on behalf of the Board of Directors of Insas (“Board”), is pleased to announce that the Board has resolved to fix the exercise price for the Warrants at RM0.90 per Warrant. The exercise price of RM0.90 for each Warrant represents:-

(a) a discount of approximately RM0.0314 or 3.37% to the 5D-VWAP of Insas Shares up to and inclusive of 4 January 2021 of RM0.9314 per Share, being the market day immediately preceding the price-fixing date on 5 January 2021; and

(b) a discount of approximately RM0.0209 or 2.27% to the theoretical ex-rights price of Insas Shares of approximately RM0.9209 based on the 5D-VWAP up to and inclusive of 4 January 2021 of RM0.9314."

Does the above information means that Insas price will be 0.92 after ex on 3rd Jan 2021???

Posted by TheContrarian > 2021-01-28 13:37 | Report Abuse

Insas net short position increased slightly at end of yesterday. No position was closed yesterday. Tomorrow is the last day to buy back before Insas goes ex-rights entitlement.

Posted by Sslee > 2021-01-28 16:49 | Report Abuse

Indirect/deemed interest (units) 544,853,575
Indirect/deemed interest (%) 16.477
Total no of securities after change 544,853,575
Date of notice 27 Jan 2021
Date notice received by Listed Issuer 27 Jan 2021


Remarks :
Indirect interest:-

(1) Insas Technology Berhad - 424,769,375 (No change)
(2) Media Lang Limited - 16,016,500
(3) Insas Plaza Sdn Bhd - 103,867,700 (No change)
(4) Montego Assets Limited - 200,000 (No change)

Insas Berhad is deemed interested by virtue of Section 8(4) of the Companies Act, 2016 held through subsidiaries.

Posted by Sslee > 2021-01-28 17:02 | Report Abuse

Media Lang (offshore) holding cost of Inari is higher about RM 1.57 per share:

Refer Q1 Financial end 30 Sept 2019

https://klse.i3investor.com/servlets/staticfile/373679.jsp

Gain on disposal of shares in an associate company: RM 6,616,000

Proceeds from disposal of shares in an associate company: RM 7,750,000

https://klse.i3investor.com/insider/director/0166/26-Sep-2019/143231_1818659573.jsp

On 24th Sept 2019: Insas Technology Berhad disposed 5,000,000 Inari to M & A Nominee (Asing) Sdn Bhd for Media Lang Limited for consideration of RM 1.55 per share

Proceeds from disposal: 5,000,000 x 1.55 = RM 7,750,000

Gain from disposal RM 6,616,000 or 6,616,000/5,000,000= RM 1.3232 per share or cost of Inari at Insas Technology book is RM (1.55-1.3232) = RM 0.2268 per share

Some on internal sales from Insas to Media Lang I managed to find out:

24th Sep 2019: 5,000,000: RM 1.55
26th Dec 2018: 10,000,000: RM 1.43
27th Sep 2018: 7,000,000: RM 2.00
28th June 2018: 5,000,000: RM 2.00
13th April 2018: 13,005,500: Bonus Issue
28th Mar 2018: 5,000,000: RM 2.82
25th Dec 2017: 5,000,000: RM 2.85
29th Sep 2017: 5,000,000: RM 2.10
28th Mar 2017: 10,000,000: RM 1.80
23th Jan 2017: 505,500: Bonus Issue

Posted by Sslee > 2021-01-28 17:13 | Report Abuse

The disposal gain of 10 million Inari shares by Media Lang
5x3.2034 + 5x3.43635 - 15.7 = RM 17.49875 million

Posted by AlfI3 > 2021-01-29 02:10 | Report Abuse

Insas disposed inari shares at d right timing to take profit?

Posted by pasanglang > 2021-01-29 06:47 | Report Abuse

https://www.theedgemarkets.com/article/inspired-gamestop-malaysian-retail-investors-look-prop-medical-glove-shares

Posted by pasanglang > 2021-01-29 06:51 | Report Abuse

... Malaysian retail investors are looking to buy stocks of medical glove makers to drive up their share prices and squeeze out short sellers, drawing inspiration from the recent rally at US firm GameStop Corp.

Interesting how US retailers beat hedgefunds who short sell GameStop.
Will Insas buyers able to squeeze out shortsellers like GameStop?

Posted by TheContrarian > 2021-01-29 08:45 | Report Abuse

Let's see if Insas shortees will buy back over 6 million shares today to cover their short position.

Posted by stockraider > 2021-01-29 09:47 | Report Abuse

Just wallop lah!

Posted by TheContrarian > 2021-01-29 16:41 | Report Abuse

At around 3.30 pm my Company sold Insas at 99.5 sen for 53% gain and will be declaring dividend to our shareholders.