Each and every supporter of the Sith Lord is equally quilty of using God's name to cheat.
and recently Sith Lord supporter even proposed Sith Lord's name to be an Independent Director.
ha ha ha so funny
appoint a confirmed conman using God's name to cheat as an Independent Director?
Thats like appointing a convicted paedophile as a Kindergarden teacher who agrees to work overtime for 18 hours per day to counsel disturbed toddlers....
Haha, You need a theif to catch another thief and a bigger conman to con the smaller conman. Life is full with ironic and you need to live till KYY age to know it.
Steel price is rising steadily (hyper inflation since already up more than 50% since November) every week thus I'm not surprised that they record good profits. However it is also a double edge sword. Price up means you also had to replenish stock at higher cost which would also hurt earnings in future and more so if it suddenly took a turn to the south.
When come to recovery play insas will be the best mah...!!
Its Nta is rm 2.83 per share loh!
Its intrinsic value when inclusive of inari mark to market gain exceed rm 5.00 per share mah...!!
Insas has a net cash exceeding Rm 0.90 per share woh!
When comes to earnings based on half year result insas profits is already rm 148m or eps 22.2 sen loh!
It is anticipated insas can hit eps of 40 sen per share giving pe of 2.1x mah!!
Thus insas is a stock which have both strong earnings of eps of 40 sen & back up with strong intrinsic share value of exceeding Rm 5.00 per share compare with the huge discounted share price of rm 0.875 per share loh!
Thus INSAS IS A SCREAMING BUY loh which u should not missed mah!
JUST jump in b4 too late loh!
The opportunity is now when insas is still wonderfully undervalue mah..!!
The 1st step u must find out got:
1. Got margin of safety factor 2. Got strong Balance sheet factor 3. Got big cash factor 4. Got reasonable div factor 5. Positive earnings factor
That means got 'R 'factor can buy or sailang loh...!!
Insas hathaway is the best ' R ' factor stock 2021.
Remember INSAS IS BOTH TECH GROWTH STOCK & VERY STRONG MARGIN OF SAFETY STOCK MAH....!!
INSAS HAS THE BENEFIT OF BOTH WORLD LOH!
THUS INSAS VERY SAFE MAH...!!
JUST PAKAI OTAK THINK LAH...!!
Yes inari is a growth company in technology sector something like gloves company in health sector loh...!!
Insas is a wealth creation company holding rm 2 billion worth of inari share compare to insas mkt cap of only rm 603m mah...!!
Do u notice of INSAS huge margin of safety or not leh ??
So if u invest in insas, u have both huge margin of safety of insas & huge earnings growth thru inari mah...!!
Remember if u hold 1000 shares of insas is equivalent u hold 840 shares of inari mah!
Lu tau boh ??
When come to recovery play insas will be the best mah...!!
Its Nta is rm 2.83 per share loh!
Its intrinsic value when inclusive of inari mark to market gain exceed rm 5.00 per share mah...!!
Insas has a net cash exceeding Rm 0.90 per share woh!
When comes to earnings based on half year result insas profits is already rm 148m or eps 22.2 sen loh!
It is anticipated insas can hit eps of 40 sen per share giving pe of 2.1x mah!!
Thus insas is a stock which have both strong earnings of eps of 40 sen & back up with strong intrinsic share value of exceeding Rm 5.00 per share compare with the huge discounted share price of rm 0.875 per share loh!
Thus INSAS IS A SCREAMING BUY loh which u should not missed mah!
The benefit of Insas compare with palmoil plantation share is despite that insas is going to make windfall profit, it do not need to pay windfall profit tax the govt mah!
Why windfall tax on palmoil & not gloves leh ? U see palmoil is a commodity n it make use of msia natural resources like land & weather to make monies mah!
When there are super profit, the govt wants to tax on the windfall...loh!
The infra to tax more on palmoil is there mah! Like having export tax...!! Cess levy etc loh...!! On top of that when palmoil do well...income tax is still being levy at existing rate the govt still collect more income tax mah!
Gloves...although it is a commodity...but it is an industrial product mah!
When super profit is make....they still pay high income tax...base on the proportionate tax rate applicable loh!
There is nothing to stop. msia govt..imposing more tax or windfall tax on gloves loh...but where do we stop from here leh ??
Then we should impose higher tax on telcos, banks, technology business as well whenever they make super profit meh ??
At the end base on this windfall policy the business men will see msia as a pariah country to do business with mah! Thus they make invest else where loh!
They are no consistency & rule of law...if everytime, out of jealousy of people making more monies, The govt imposing new higher tax rate or windfall tax loh!
The good thing is the gloves realise there is need for social service...they have voluntary donated extra Rm 400m collectively to the msia govt for covid 19 fund loh!
Despite palmoil paying windfall profit to the Govt, palmoil plantation still make wind fall profit mah!
Posted by DickyMe > May 9, 2021 12:45 PM | Report Abuse
Plantation windfall profit??
Then it is alright to impose tax on windfall profit..
Sadly most of Insas's businesses are heavily impacted by Covid-19 esp vehicle leasing, F&B (Dome cafes, 55%), and some investments
The only thing keeping it afloat is their financing business and ownership in Inari, I doubt they would dispose of too much of Inari in the near future as it is counterproductive. Have been seriously considering cutting loss here and re-invest into Inari itself instead, what you sifus have to say on this?
Haha Mike, Know how much NP from below disposal of Inari shares for Insas quarter end 31th March?
Date of Change Type Number of Shares Price 27-Jan-2021 Disposed 5,000,000 3.436 Registered Name M & A Nominee (Asing) Sdn Bhd for Media Lang Limited Nature of Interest Indirect Interest Consideration RM3.43635 per share 26-Jan-2021 Disposed 5,000,000 3.203 Registered Name M & A Nominee (Asing) Sdn Bhd for Media Lang Limited Nature of Interest Indirect Interest Consideration RM3.2034 per share
Date of Change Type Number of Shares 05-Apr-2021 Acquired 100,000 Registered Name M & A Nominee (Asing) Sdn Bhd for Montego Assets Limited Nature of Interest Indirect Interest Nature of Interest Indirect Interest Shares Ordinary shares Reason Acquisition in the open market Total no of securities after change Direct (units) 0 Direct (%) 0.00 Indirect (units) 545,503,575 Indirect (%) 16.33 Total (units) 545,503,575 Total (%) 16.33 Date of Notice 08-Apr-2021
Know how much share of profit from 16.33% associate company Inari? Or dividend from Inari?
New IPO: Building management systems (BMS), solar thermal systems and energy-saving services provider, Solar District Cooling Bhd aims to list on the Ace Market!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Mikecyc
45,527 posts
Posted by Mikecyc > 2021-04-11 06:59 |
Post removed.Why?