INSAS BHD

KLSE (MYR): INSAS (3379)

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Last Price

0.995

Today's Change

-0.005 (0.50%)

Day's Change

0.99 - 1.00

Trading Volume

358,800


44 people like this.

45,893 comment(s). Last comment by TheContrarian 4 hours ago

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-01-29 16:50 |

Post removed.Why?

3101575000

558 posts

Posted by 3101575000 > 2021-01-29 17:50 | Report Abuse

I also sold all my Insas and buy Ppbank n some Dgsb

3101575000

558 posts

Posted by 3101575000 > 2021-01-29 17:53 | Report Abuse

Still have some cash and not decide
What counter to buy . Ha ha

TheContrarian

9,250 posts

Posted by TheContrarian > 2021-01-29 18:29 | Report Abuse

I would suggest to give KPS a try at 79 sen or lower.

TheContrarian

9,250 posts

Posted by TheContrarian > 2021-01-29 19:24 | Report Abuse

Who else sold today?

TheContrarian

9,250 posts

Posted by TheContrarian > 2021-01-29 19:25 | Report Abuse

And who bought today? Don't be shy.

Sslee

5,972 posts

Posted by Sslee > 2021-01-29 19:33 | Report Abuse

Why sell one day before ex?
Most likely i will sell some after ex.

TheContrarian

9,250 posts

Posted by TheContrarian > 2021-01-29 19:34 | Report Abuse

My company doesn't want to take up the rights.

TheContrarian

9,250 posts

Posted by TheContrarian > 2021-01-29 19:35 | Report Abuse

My company's purchase cost is only 65 sen and we even received 2 sen dividend earlier this month.

TheContrarian

9,250 posts

Posted by TheContrarian > 2021-01-29 19:36 | Report Abuse

My company has last month invested in Boustead at 62.5 sen, we would rather hold on to Boustead.

TheContrarian

9,250 posts

Posted by TheContrarian > 2021-01-29 19:38 | Report Abuse

However, I haven't sold any of my personal holding in Insas, maybe sell some on Tuesday.

Sslee

5,972 posts

Posted by Sslee > 2021-01-29 19:38 | Report Abuse

Take profit is always the right decision to lock in the profit.

Sslee

5,972 posts

Posted by Sslee > 2021-01-29 19:40 | Report Abuse

Today I sold some gkent to take profit at 75cents

Sslee

5,972 posts

Posted by Sslee > 2021-01-29 19:42 | Report Abuse

Will buy gkent again if it fall below 70 cents

TheContrarian

9,250 posts

Posted by TheContrarian > 2021-01-29 19:53 | Report Abuse

Give KPS a try at 79 sen or below.

TheContrarian

9,250 posts

Posted by TheContrarian > 2021-01-29 19:54 | Report Abuse

Leno has been quarantined for two weeks? Hahaha.

AlfI3

1,282 posts

Posted by AlfI3 > 2021-01-30 07:26 | Report Abuse

Insas will ex on Tues, let's c how it goes

TheContrarian

9,250 posts

Posted by TheContrarian > 2021-01-30 08:06 | Report Abuse

It will bloody red on Tuesday.

stockraider

31,556 posts

Posted by stockraider > 2021-01-30 10:27 | Report Abuse

I think tuesday Insas share price will adjust 2 sen to Rm 0.975 loh..!!

That means insas intrinsic value of margin of safety of Rm 2.73 still very much intact loh!!

Do not fear mah....!!

Prospect of insas is still very good mah....!!

The upward march of insas will continue loh!

Lpc1225

135 posts

Posted by Lpc1225 > 2021-01-30 11:28 | Report Abuse

I think the adjustment in the mother shares will be more than compensated by the premium fetched in the free warrants,I will hold until the whole corporate exercise is over.

TheContrarian

9,250 posts

Posted by TheContrarian > 2021-01-30 14:19 | Report Abuse

Lpc1225, it's ok to hold but don't add anymore. Insas will always be a tortoise.

Lpc1225

135 posts

Posted by Lpc1225 > 2021-01-30 14:29 | Report Abuse

Advice noted,thanks the contrarisn.

Sslee

5,972 posts

Posted by Sslee > 2021-01-30 15:06 | Report Abuse

With disposal of Sengencs + sell of some Inari shares + upcoming RI Insas will have a huge cashpile/warchest.
It is now up to the the Board how best to use the cashpile/warchest to make acquisition and growth the profit.

TheContrarian

9,250 posts

Posted by TheContrarian > 2021-01-30 15:11 | Report Abuse

Insas share price will only rise if the Board pays out higher dividend and increase payout frequency. Two sen and only once a year will forever make Insas a tortoise.

Sslee

5,972 posts

Posted by Sslee > 2021-01-30 15:33 | Report Abuse

With ESOS the Board will do magic and turn tortoise into rabbit

Posted by Thinkcarefully > 2021-01-30 15:36 | Report Abuse

Or a hostile takeover or aggressive shareback
Many companies in US including big tech companies hardly give dividend but their share price shoot up many folds.If I am not mistaken, even Berkshire Hathaway doesn't give dividend.However it is usually trading at a premium to its nett asset due mainly share buyback.

Posted by Thinkcarefully > 2021-01-30 15:41 | Report Abuse

It is operating like our open ended mutual funds.At anytime you can sell back at more or less net value. You have to pay a premium to buy in

Sslee

5,972 posts

Posted by Sslee > 2021-01-30 15:47 | Report Abuse

At current covid induce difficult time, many business are selling their assets at depress price to stay afloat.
With cash in hand Insas is spoil for choice what to buy.

Posted by Thinkcarefully > 2021-01-30 15:55 | Report Abuse

Yes,this will in future increase the NAPS, but how to translate to better share price for Insas.

Sslee

5,972 posts

Posted by Sslee > 2021-01-30 16:55 | Report Abuse

Businese that generate continue profit growth will translate into better shares price

jellyfish

283 posts

Posted by jellyfish > 2021-01-30 17:00 | Report Abuse

shorties have not closed their positions

jellyfish

283 posts

Posted by jellyfish > 2021-01-30 17:01 | Report Abuse

there need to buy 5 ex insas 1 pr to close 5 insas share

jellyfish

283 posts

Posted by jellyfish > 2021-01-30 17:02 | Report Abuse

next week

Sslee

5,972 posts

Posted by Sslee > 2021-01-30 17:10 | Report Abuse

Inari will continue give increasing share of profit.
DGSB and Hohup if everything go well will generate increasing share of profit.
M&A need to grow the advisory services to both ACE and main board listing.
ICL will continue generate interest income.
Investment division need to be more aggressive and more profitable.
Omesti will be the next associate company to generate share of profit.
Insas tech need to acquire or incubate more tech start up.
Cash need to be employed into buying more assets that generate income

DK

4,269 posts

Posted by DK > 2021-01-30 18:06 | Report Abuse

Dear Sslee, hope you don't mind me asking. Are you going to sell the OR to lower your insas cost ? or you are taking up the rights, and sell either the RPS or the warrants to lower your Insas cost ?

Sslee

5,972 posts

Posted by Sslee > 2021-01-30 18:13 | Report Abuse

Dear DK,
I am open to all option as I need to keep my Insas cost not above 50% of my portfolio.

TheContrarian

9,250 posts

Posted by TheContrarian > 2021-01-30 18:36 | Report Abuse

Yes, shortees haven't closed their short position at all, there was even a slight increase. Shortees to buy 1.2 million+ PRs.

TheContrarian

9,250 posts

Posted by TheContrarian > 2021-01-30 18:38 | Report Abuse

PR to trade at around 5 sen?

Sslee

5,972 posts

Posted by Sslee > 2021-01-30 19:15 | Report Abuse

TheContrarian,
Can buy PR?
The free warrants should worth more.

TheContrarian

9,250 posts

Posted by TheContrarian > 2021-01-30 19:49 | Report Abuse

See what price the PR trades first.

TheContrarian

9,250 posts

Posted by TheContrarian > 2021-01-30 19:59 | Report Abuse

Rights always trade at a discount.

stockraider

31,556 posts

Posted by stockraider > 2021-01-31 11:23 | Report Abuse

If PR trade at 5 sen, u should mortgage your under wear buy loh!

Posted by TheContrarian > Jan 30, 2021 6:38 PM | Report Abuse

PR to trade at around 5 sen?

TheContrarian

9,250 posts

Posted by TheContrarian > 2021-01-31 15:02 | Report Abuse

I have RM400,000 cash, no need to sell underwear like you, hahahahahaha.

Junqi

155 posts

Posted by Junqi > 2021-01-31 15:34 | Report Abuse

The price of PR is basically the price of 2.5 warrants.
If you are prepared to buy the warrant at 10sen,then PR would be 25sen.At 5sen the warrant would be extremely cheap at 2sen.
So how much is the warrant worth? Thats the question

Sslee

5,972 posts

Posted by Sslee > 2021-01-31 15:39 | Report Abuse

Haha stockraider last time mortgage his underwear and all in naked with Netx RI. Fortune favor the brave and reward him with two new Myvi.

Will history repeat again and reward him with two BMW?

TheContrarian

9,250 posts

Posted by TheContrarian > 2021-01-31 16:18 | Report Abuse

If Insas ordinary shares price correct down to 91 sen, then the PR will trade at half sen.

TheContrarian

9,250 posts

Posted by TheContrarian > 2021-01-31 16:20 | Report Abuse

Remember Dow Jones down 620 points on Friday, if down another 620 points on Monday, Insas will go under 90 sen.

stockraider

31,556 posts

Posted by stockraider > 2021-02-01 10:26 | Report Abuse

Again if insas is 91 sen or PR trade at half sen after adjustment, u should mortgage ur underwear to buy loh...!!


Posted by TheContrarian > Jan 31, 2021 4:18 PM | Report Abuse

If Insas ordinary shares price correct down to 91 sen, then the PR will trade at half sen.

CharlesT

14,821 posts

Posted by CharlesT > 2021-02-01 10:33 | Report Abuse

TheContrarian seems amateur

TheContrarian

9,250 posts

Posted by TheContrarian > 2021-02-01 12:32 | Report Abuse

CharlesT sounds like a virgin, hahahaha.

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