Posted by Mikecyc > 2021-04-11 06:59 |

Post removed.Why?

Posted by i3lurker > 2021-04-11 09:13 | Report Abuse

hahaha

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....

Posted by Sslee > 2021-04-11 13:17 | Report Abuse

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.

Posted by Mikecyc > 2021-04-11 17:55 |

Post removed.Why?

Posted by Mikecyc > 2021-04-11 17:55 |

Post removed.Why?

Posted by scenery > 2021-04-11 23:12 |

Post removed.Why?

Posted by Kon Lim Chai > 2021-04-12 21:31 | Report Abuse

IN杀死

Posted by stockraider > 2021-04-14 13:10 |

Post removed.Why?

Posted by Mikecyc > 2021-04-15 05:36 |

Post removed.Why?

Posted by Mikecyc > 2021-04-15 05:37 |

Post removed.Why?

Posted by Mikecyc > 2021-04-15 07:28 |

Post removed.Why?

Posted by Mikecyc > 2021-04-16 14:46 |

Post removed.Why?

Posted by Mikecyc > 2021-04-16 14:47 |

Post removed.Why?

Posted by Mikecyc > 2021-04-16 14:49 |

Post removed.Why?

Posted by Mikecyc > 2021-04-17 12:47 |

Post removed.Why?

Posted by Mikecyc > 2021-04-17 12:48 |

Post removed.Why?

Posted by Andre Kua > 2021-04-17 12:59 | Report Abuse

Sslee,

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.

Posted by stockraider > 2021-04-17 13:19 |

Post removed.Why?

Posted by Mikecyc > 2021-04-18 07:32 |

Post removed.Why?

Posted by Mikecyc > 2021-04-18 07:34 |

Post removed.Why?

Posted by stockraider > 2021-04-18 11:22 | Report Abuse

Time to collect more insas, do not miss this opportunity mah!

Posted by SaraInvestment > 2021-04-21 12:28 | Report Abuse

Stockraider follow me in dgsb better

Posted by stockraider > 2021-04-24 12:39 | Report Abuse

Insas sell order has weakened alot with reduce volume....meaning almost all the weakholders already being flush out....upside coming mah...!!

Now is the time to accumulate more while cheap loh!

Posted by stockraider > 2021-04-29 08:47 | Report Abuse

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.

Don missed this opportunity loh

Posted by stockraider > 2021-04-29 08:48 | Report Abuse

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!

JUST jump in b4 too late loh!

Posted by sense maker > 2021-04-29 21:23 | Report Abuse

Worth RM5 and rising but give you just 2sen dividend a year, what’s the message minority shareholders is getting here?

Posted by stockraider > 2021-04-29 21:26 | Report Abuse

U ask yourself lah....what dividend yield is MI, Penta, Vitrox, Greatec and UWC offer leh ?

Posted by sense maker > Apr 29, 2021 9:23 PM | Report Abuse

Worth RM5 and rising but give you just 2sen dividend a year, what’s the message minority shareholders is getting here?

Posted by Mikecyc > 2021-05-03 14:53 |

Post removed.Why?

Posted by Mikecyc > 2021-05-03 14:55 |

Post removed.Why?

Posted by stockraider > 2021-05-09 12:56 | Report Abuse

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..

Posted by Mikecyc > 2021-05-11 12:42 |

Post removed.Why?

Posted by steadylahbro > 2021-05-12 20:52 | Report Abuse

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?

Posted by Petronas > 2021-05-18 19:31 | Report Abuse

Buy

Posted by Mikecyc > 2021-05-19 22:51 |

Post removed.Why?

Posted by skyz > 2021-05-20 09:43 | Report Abuse

stockraider reminds me of DrWarrant from Nexgram, keep singing the same song and yet, the share price still do not reflect after all these years

Posted by Mikecyc > 2021-05-21 09:33 |

Post removed.Why?

Posted by Sslee > 2021-05-21 10:20 | Report Abuse

Haha Mike,
Once PA quarter end 31th March come out PA will drop further.
My congratulation to Mike to top up PA at lower cost to him.

Blink blink

Posted by Mikecyc > 2021-05-21 15:01 |

Post removed.Why?

Posted by Mikecyc > 2021-05-21 15:02 |

Post removed.Why?

Posted by Mikecyc > 2021-05-21 15:18 |

Post removed.Why?

Posted by Sslee > 2021-05-21 15:32 | Report Abuse

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

Posted by Sslee > 2021-05-21 15:51 | Report Abuse

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3146970

Know how much NP from wholly-owned subsidiary, Insas Credit & Leasing Sdn Bhd, a licensed moneylending company for quarter end 31th March 2021?

Posted by Sslee > 2021-05-21 15:56 | Report Abuse

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?

Posted by Mikecyc > 2021-05-21 16:20 |

Post removed.Why?

Posted by Sslee > 2021-05-21 18:55 | Report Abuse

Haha Mike,
Inari NP 81.9 million and Dividend 4 cents.
So 4 cents × 545.5 million = 21.8 million

Posted by Mikecyc > 2021-05-21 19:43 |

Post removed.Why?

Posted by Mikecyc > 2021-05-21 19:44 |

Post removed.Why?

Posted by stockraider > 2021-05-21 23:02 | Report Abuse

Thumbs up for Insas loh!

Glory to insas for its good results loh!

Posted by Sslee > May 21, 2021 6:55 PM | Report Abuse

Haha Mike,
Inari NP 81.9 million and Dividend 4 cents.
So 4 cents × 545.5 million = 21.8 million

Posted by Mikecyc > 2021-05-22 09:24 |

Post removed.Why?

Posted by Mikecyc > 2021-05-22 09:25 |

Post removed.Why?