INSAS BHD

KLSE (MYR): INSAS (3379)

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Last Price

1.00

Today's Change

0.00 (0.00%)

Day's Change

0.995 - 1.00

Trading Volume

30,700


44 people like this.

45,892 comment(s). Last comment by ks55akaCBTChen 35 minutes ago

Mikecyc

45,527 posts

Posted by Mikecyc > 2021-03-05 17:56 |

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Mikecyc

45,527 posts

Posted by Mikecyc > 2021-03-05 18:13 | Report Abuse

Most important is Tan Sri Chan is holding more than 10 % PA shares ..

Mikecyc

45,527 posts

Posted by Mikecyc > 2021-03-05 18:20 |

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Sslee

5,972 posts

Posted by Sslee > 2021-03-05 18:53 | Report Abuse

Haha which company hv own micro financing lesen ... PA ..

Hahahaha which company raise fund thro' PP with heavy discount of 20%....PA... and only raise RM 16.9 million with 374.1 m placement shares.
CAPEX 4.39 milli9n
Working capital 12.37 million
PP expenses 150k

Which company EGM resolutions passed with 0 vote against.....PA.. better than CPC voting.

Resolution Vote in favour Vote Against Results
No. of Shares % No. of Shares %
Ordinary Resolution 1 - Proposed Private Placement of up to 525,529,762 new Ordinary Shares in P.A. Resources Berhad ("PARB") ("Placement Share(s)") representing up to 20% of the total number of Issued Shares of PARB.
522,057,180 100.000000 0 0.000000 Carried
Ordinary Resolution 2 - Proposed Subscriptions of an aggregate of 88,891,000 Placement Shares at an Issue Price of RM0.045 per Placement Share by Datuk Seri Lau Kuan Kam, Wang Sze Yao @ Wang Ming Way and Hoe Thiam Soon, collectively, to be satisfied entirely via cash. 522,057,180 100.000000 0 0.000000 Carried

Mikecyc

45,527 posts

Posted by Mikecyc > 2021-03-05 18:57 |

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Mikecyc

45,527 posts

Posted by Mikecyc > 2021-03-05 18:58 |

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Mikecyc

45,527 posts

Posted by Mikecyc > 2021-03-05 19:01 |

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Sslee

5,972 posts

Posted by Sslee > 2021-03-05 19:04 | Report Abuse

Haha
PP funds raising for working capital tell you not even have money to pay workers salarly kah?

Mikecyc

45,527 posts

Posted by Mikecyc > 2021-03-05 19:14 |

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Sslee

5,972 posts

Posted by Sslee > 2021-03-05 19:25 | Report Abuse

https://klse.i3investor.com/servlets/staticfile/380269.jsp
Haha cakap tak serupa bikin. Itu conman company kah?

Mikecyc

45,527 posts

Posted by Mikecyc > 2021-03-05 20:31 |

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Mikecyc

45,527 posts

Posted by Mikecyc > 2021-03-05 20:34 |

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Mikecyc

45,527 posts

Posted by Mikecyc > 2021-03-05 20:37 | Report Abuse

Are you an Operation guy ? recalled you introduced that yr working company in Indonesia have 2000 + employee .. such capacity expansion need additional workers is basic logic ..

Mikecyc

45,527 posts

Posted by Mikecyc > 2021-03-05 20:39 |

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Mikecyc

45,527 posts

Posted by Mikecyc > 2021-03-05 20:39 |

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Mikecyc

45,527 posts

Posted by Mikecyc > 2021-03-05 20:40 |

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Mikecyc

45,527 posts

Posted by Mikecyc > 2021-03-05 20:42 |

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Sslee

5,972 posts

Posted by Sslee > 2021-03-05 21:02 | Report Abuse

Sslee Haha just to show off:
3379WC INSAS-WC 760,000 0.0000 0.2550 0.00 193,800.00 193,800.00 0.00
05/03/2021 9:06 AM

Haha itu sudah berapa buah Myvi?
Bisa tujuh awak punya PA dapat berapa Myvi?

hip hip hooray .. cheers .. kikiki

Mikecyc

45,527 posts

Posted by Mikecyc > 2021-03-05 22:05 |

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Mikecyc

45,527 posts

Posted by Mikecyc > 2021-03-05 22:06 |

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Mikecyc

45,527 posts

Posted by Mikecyc > 2021-03-05 22:10 |

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Mikecyc

45,527 posts

Posted by Mikecyc > 2021-03-05 22:37 |

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Mikecyc

45,527 posts

Posted by Mikecyc > 2021-03-05 22:39 | Report Abuse

Issue Size : Up to 132,604,152 Rights RPS and in multiples of RMl.OO each. RMl.OO per Rights RPS.

Tenure : 5 years.

Maturity Date : The day falling 5 years from the date of issue of the Rights RPS unless the tenure of the Rights RPS, if permitted by law, is extended by Insas and the Rights RPS holders.

>> ( Insas has the majority to extend woh )...

Board Lot : The Rights RPS are tradeable upon listing in board lots of 100 units or such other number of units as may be prescribed by Bursa Securities.

Mikecyc

45,527 posts

Posted by Mikecyc > 2021-03-05 22:40 |

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stockraider

31,556 posts

Posted by stockraider > 2021-03-05 22:56 | Report Abuse

Stuped question by doggie mike loh...!!

THE ANSWER BELOW IN CAPITAL LETTER LOH!

Posted by Mikecyc > Mar 5, 2021 10:40 PM | Report Abuse

Haha some one asking on this :

>> The Rights RPS is redeemable at 100% of the Issue Price at any time during the tenure of the Rights RPS at the option of Insas as the issuer, where a written notice of not less than 14 business days must be given.
EARLY REDEMPTION IS WELCOME BY THE RPS MAH...!! THAT MEANS U GET BACK THE FULL FACE VALUE OF RM 1.00 PER SHARE MAH!

Any redemption of the Rights RPS shall not prejudice the rights of the Rights RPS holders whose Rights RPS were so redeemed to receive any accrued but unpaid dividends payable up t o the date o f redemption. CORRECT IF THEY REDEEMED THEY MUST PAY THE PRO RATA OF THE PROFIT EARNED CALCULATED BASED ON 3.8% PA LOH!

birdparadise

1,468 posts

Posted by birdparadise > 2021-03-05 23:07 | Report Abuse

leon dgn raider sudah lah jgn cakap bohong lagi, sekarang sudah buktikan.
Memang betul betul 90 sen bawah,
You janji rm 3 kepala otak shj,tipu uncles aunties,no wonder they bought banyak telor busuk, baling u kaw kaw,lagi pergi lain forum mau show off,ada apa tarak substance,tarak malu kah, shallow minded.

stockraider

31,556 posts

Posted by stockraider > 2021-03-05 23:10 | Report Abuse

Mana ala bohong ?....lu investment in insas mesti patience mah...!!

Rm 1.00 by mth end not impossible mah...!!

Rm 3.00 within 5 yrs highly possible mah...!!

stockraider

31,556 posts

Posted by stockraider > 2021-03-05 23:14 | Report Abuse

ALWAYS REMEMBER THIS LOH!!

Posted by stockraider > Mar 2, 2021 2:31 PM | Report Abuse X

INI LAH JANJI GENERAL RAIDER MAH...!!

All the uncles & aunties write well wishing letters & email their appreciations to General Raider for recommending insas loh!!

They ask whether raider had married or not ? They want to recommend their very pretty daughter to raider loh! Ala gambar very pretty & sexy mah...!!

They thank raider very much for selecting insas for them loh...!!

To recap, raider kata insas can go Rm 1.00 by the end of the month but u hang on longer within 5 years Rm 3 to Rm 4 pun possible mah...!!

Tapi if u want to wait until end of this year Rm 1.20 to Rm 1.30 possible mah!!

Just be patient loh!!

General Raider never bluff u...& will never will!!

Bcos General Raider manyak jujur punya olang mah...!!

stockraider

31,556 posts

Posted by stockraider > 2021-03-05 23:16 | Report Abuse

Insas is one of the off map anomalies that give u good return loh...!!

What is the anomalies is the huge undervaluation & due to misinterpretation of insas mah ??

There have under estimated and misinterpreted the true potential of this stock loh..!!

When asked how he could achieve 50% a year with small sums, Warren Buffett said,

“You have to turn over a lot of rocks to find those little anomalies. You have to find the companies that are off the map - way off the map.”

leno

6,154 posts

Posted by leno > 2021-03-05 23:17 | Report Abuse

Answer to Q1 :
This is just a formality of expression.
RM 1 issue price - 71.19 sen vvap+ltd = 28.81 sen
28.81 / 71.19 = 40.47%
This is called premium to vvap+ltd price
The word premium here got nothing to do with interest rate or return on investment.
It is just another use of the word premium in accounting for the word "excess" or "compare to".
Nothing to get excited about.
3.8% p.a. mean 3.8% p.a.
Don't simply bring in any numbers u see in the report and claim funny funny things.
This make u look very bad.

Answer to Q2 :
The tenure can be extended with ALL 3 condition fullfilled :
1. must be permitted by law
2. insas company agree
3. rps holders agree.
There is no "majority rule" here. It is "one to one" basis.
If company agree, and abu want to extend, then abu's rps will be extended.
If ah beng doesn't want to extend , than insas will pay back RM 1 as per agreement.

Answer to Q3 :
U are confusing between holders and company.
Anyway, the meaning here is very simple. Kindergarten kid also understand.

The term here said, company insas is allowed to return the RM 1 anytime back to holder before maturity date.
If insas say tomorrow insas will return RM 1 to all holders, then all holders will get back RM 1 per rps. (as formality they will give notice 14 days). Imagine those who bought at 88 sen today, suddenly get back RM 1 tomorrow.

There are few reason, why insas will return RM 1 earlier than maturity date.
But no point we talk about this, when simple term also cannot understand.
Wait till u upgrade your knowledge.
Yes, we all have to wait for few hundreds years lapse,
before we can re-visit these reasons again.

Sekian.

Your sincerely and lovely,

Sifoo Leno
The Most Panlai Investor in the World.

AyamTu

10 posts

Posted by AyamTu > 2021-03-06 00:44 | Report Abuse

bed news. CALVINTANENG is COMING BACK

Mikecyc

45,527 posts

Posted by Mikecyc > 2021-03-06 01:25 |

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Mikecyc

45,527 posts

Posted by Mikecyc > 2021-03-06 01:27 |

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Mikecyc

45,527 posts

Posted by Mikecyc > 2021-03-06 01:29 |

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Mikecyc

45,527 posts

Posted by Mikecyc > 2021-03-06 01:35 |

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Mikecyc

45,527 posts

Posted by Mikecyc > 2021-03-06 01:36 |

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Mikecyc

45,527 posts

Posted by Mikecyc > 2021-03-06 01:37 |

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Mikecyc

45,527 posts

Posted by Mikecyc > 2021-03-06 05:30 |

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Mikecyc

45,527 posts

Posted by Mikecyc > 2021-03-06 05:51 |

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Mikecyc

45,527 posts

Posted by Mikecyc > 2021-03-06 05:53 |

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Mikecyc

45,527 posts

Posted by Mikecyc > 2021-03-06 06:08 |

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Mikecyc

45,527 posts

Posted by Mikecyc > 2021-03-06 06:12 |

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Mikecyc

45,527 posts

Posted by Mikecyc > 2021-03-06 06:21 |

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Mikecyc

45,527 posts

Posted by Mikecyc > 2021-03-06 06:44 |

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Sslee

5,972 posts

Posted by Sslee > 2021-03-06 08:23 | Report Abuse

Haha,
Kasian ada orang sudah tak bisa cari makan di PA datang forum Insas buat bising.
Itu PA kasi discount 20% juga orang tak mahu sekarang masih ada orang promote mati matian?

Proposed Private Placement of up to 525,529,762 new Ordinary Shares in P.A. Resources Berhad ("PARB") ("Placement Share(s)") representing up to 20% of the total number of Issued Shares.

PA...only raise RM 16.9 million with 374.1 m placement shares.

Sslee

5,972 posts

Posted by Sslee > 2021-03-06 08:32 | Report Abuse

I bought another 400K of Insas-WC and send out this message. I am counting on Dato to unlock the value of Insas so that next year CNY with Covid gone, I will have a big celebration.

Replied: Thank you for the confidence. Will do my best.

Sslee

5,972 posts

Posted by Sslee > 2021-03-06 08:41 | Report Abuse

3379WC INSAS-WC 1,160,000 0.0862 0.2500 99,992.00 290,000.00 190,008.00 190.02

Mikecyc

45,527 posts

Posted by Mikecyc > 2021-03-06 08:41 |

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Mikecyc

45,527 posts

Posted by Mikecyc > 2021-03-06 08:42 |

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Mikecyc

45,527 posts

Posted by Mikecyc > 2021-03-06 08:43 |

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