Posted by i3lurker > 2021-08-26 17:26 | Report Abuse

.
sslee
you just provided the definition of a Conglomerate.

I was just waiting for you to do it.
I am getting very lazy in my old age.

Instead of doing things I now catalyze others to do it.
Thank you very much for being so obedient.


wink wink



Posted by Sslee > Aug 26, 2021 5:23 PM | Report Abuse

Insas is not a Conglomerate but a family run business with core in:
1. M&A provide brokerage and advisory service for IPO, PP and RI
2. ICL moneylending business.
3. Car rental and property investment.
4. Investment in fair value assets(stock, bond and money market)

Thro' M&A advisory services and ICL moneylending opportunity aplently for Insas to invest in listed/unlisted company which become assocoate or subsidiary company of Insas.
1. Inari
2. Hohup
3. DGSB
4. Melium Sdn Bhd
5. Dome Cafe Sdn Bhd.
6. etc.

Many of Insas directors/family members are also act as director in these listed and unlisted fully owned, subsidiary and associate company so they are all very rich collecting director fee, benefit, ESOS and shares grant.

Posted by TheContrarian > 2021-08-26 17:27 | Report Abuse

Got sell some Insas at 1.04, tomorrow can buy back.

Posted by trum > 2021-08-26 17:30 | Report Abuse

... 现在的政府对税收如此迫切，以至于他们派检查小组到工厂检查谁开始秘密工作。我真的相信 "老鼠 "大多已经死了。

Posted by TheContrarian > 2021-08-26 17:39 | Report Abuse

Sold 97 sen much earlier, this morning sold at RM1.04.

Posted by Bgt 9963 > 2021-08-26 17:40 |

Post removed.Why?

Posted by TheContrarian > 2021-08-26 19:40 | Report Abuse

Insas QR out.

Posted by Diamond7 > 2021-08-26 20:06 | Report Abuse

Excellent????
A plus plus???

Posted by Diamond7 > 2021-08-26 20:06 | Report Abuse

Tomorrow limit up???

Posted by i3lurker > 2021-08-26 20:07 | Report Abuse

average QR
some might call it miserable, but I think its just average, no big deal.

no wonder insiders dumped off INSAS shares like tomorrow does not exist.

Posted by ocbc > 2021-08-26 20:57 | Report Abuse

10x more profit than last year n NTA now increase to $2.99 Beautiful !!!!


leno tonight we all going to celebrate
YAAAAAMMM SENGGGGGGGGGGGGGGGG !!!
TOMORROW KAYAAAAAAAAAAAAAA !!!

Posted by ocbc > 2021-08-26 21:45 | Report Abuse

Annualized Result ( EPS: 35.44, P/E: 2.77 )
Revenue | NP to SH 285,649 | 245,706
RPS | P/RPS 41.20 Cent | 2.38
EPS | P/E | EY 35.44 Cent | 2.77 | 36.16%
DPS | DY | Payout % -
NAPS | P/NAPS -
QoQ | YoY -15.18% | 1,554.70%
NP Margin | ROE 85.98% | 12.39%
F.Y. | Ann. Date 30-Jun-2021 | 26-Aug-2021

Posted by Diamond7 > 2021-08-27 07:54 | Report Abuse

Stock with positive momentum...The Edge

Insas Bhd — up two sen at RM1.05

Posted by Sslee > 2021-08-27 08:03 | Report Abuse

Agreed with i3lurker an average Q4 result of NP 28.313 million. EPS of 4.29.
Q1 end 31th Sept 2021 should be a better result because insas recently sold 10 million of Inari shares in open market.

Posted by i3lurker > 2021-08-27 08:19 |

Post removed.Why?

Posted by i3lurker > 2021-08-27 09:01 | Report Abuse

its very obvious in Ikano where Dome and Starbucks are side by side.
You see huge crowds at Starbucks and its full.
but Dome is small percentage occupied only.
There is something wrong there.

Personally I had also stopped entering into any Dome for years.
I rather go down market at Uncle Lims or Upmarket at Harrods but I will NOT go Dome.
I dun mind paying RM150.00 for a cup of coffee at Harrods so long as its NOT at Dome.

Posted by Sslee > 2021-08-27 09:01 | Report Abuse

Hahahaha i3lurker.
I caught you with a good one.
Actually Insas disposed 1,250,000 on 11-Aug 2021 and 1,060,000 Inari shares on 12-Aug 2021.

Posted by Andre Kua > 2021-08-27 09:10 | Report Abuse

Insas will continue to dispose Inari slowly to pay dividend and PRS interest. This has been ongoing since I bought the stocks in 2015.

I dont really know why people are still obsessed with Insas QR when it really didnt matters at all. A huge portion of the "fake' profits are investment revaluation. This wont even provide enough liquidity to pay dividends and PRS interest.

Posted by i3lurker > 2021-08-27 09:17 | Report Abuse

I think leno wun speak to you anymore for telling lies [truth] about INSAS


Posted by Andre Kua > Aug 27, 2021 9:10 AM | Report Abuse

Insas will continue to dispose Inari slowly to pay dividend and PRS interest. This has been ongoing since I bought the stocks in 2015.

I dont really know why people are still obsessed with Insas QR when it really didnt matters at all. A huge portion of the "fake' profits are investment revaluation. This wont even provide enough liquidity to pay dividends and PRS interest.

Posted by Youngkid > 2021-08-27 09:26 | Report Abuse

RM2 I think no problem long term So Bro ! , hold tight

Posted by Yoong888 > 2021-08-27 09:28 | Report Abuse

Insas shd be valued as a Tech stock, 70% of its value is Tech value.

Posted by Yoong888 > 2021-08-27 09:31 | Report Abuse

Paying Rm1 for somethg that is worth Rm4 … wow !!!

Posted by Sansing > 2021-08-27 09:31 | Report Abuse

Wait for operators to collect all the floating shares , then only can reach 2 bucks mah!

Posted by i3lurker > 2021-08-27 09:33 | Report Abuse

.
somebody confirmed this will happen more than 10 years ago.
At Investlah
guess it will take another ten years?
maybe?
maybe another 20 years time?



Posted by Sansing > Aug 27, 2021 9:31 AM | Report Abuse

Wait for operators to collect all the floating shares , then only can reach 2 bucks mah!

Posted by Rockers > 2021-08-27 09:34 | Report Abuse

Cash cow company, buy more if got bullets

Posted by Sslee > 2021-08-27 09:35 | Report Abuse

Financial assets at fair value are mainly listed company shares which are mark to market every reporting quarter.
Insas investment and trading division are not doing well for many years.

I am holding on to Insas for the fact that insas hold 543,193,575 inari shares.
Moving forward M&A, ICL and Inari should be doing very well.

As of Melium Sdn Bhd, Dome Cafe Sdn Bhd and car rental most likely will be loss making for the next few years.

Posted by i3lurker > 2021-08-27 09:40 | Report Abuse

sslee

thank you for telling us the definition of a Conglomerate again.
But I think all already understand what is a Conglomerate now.


Posted by Sslee > Aug 27, 2021 9:35 AM | Report Abuse

Financial assets at fair value are mainly listed company shares which are mark to market every reporting quarter.
Insas investment and trading division are not doing well for many years.

I am holding on to Insas for the fact that insas hold 543,193,575 inari shares.
Moving forward M&A, ICL and Inari should be doing very well.

As of Melium Sdn Bhd, Dome Cafe Sdn Bhd and car rental most likely will be loss making for the next few years.

Posted by Sansing > 2021-08-27 09:43 | Report Abuse

Technically ,Insas is on uptrend momentum , so hold tight folks!

Posted by Sansing > 2021-08-27 10:04 | Report Abuse

Warrant got expire date loh!

Posted by Sslee > 2021-08-27 10:35 | Report Abuse

If you want to know the 43.3% associate company performance of:
Melium Sdn. Bhd: Retailer of high fashion products
Dome Cafe Sdn. Bhd: Operating food and beverages
Then Q4 cumulative Segment retail trading and car rental share of profit less losses of associate companies (5,032,000)
Car rental (long lease): Actually make a small profit of 1.1 million.

Posted by i3lurker > 2021-08-27 10:41 | Report Abuse

aiyah you just pay RM15.30 per company and get all details...

pay more and get more details but actually pay for all at RM15.30 each its enough info for you.
its still less than a cup of good coffee at Harrods of RM150.00 each

including all those ee mah koo cheh sook pak heng thai who are appointed Directors pocketing salaries and fees

Posted by Sslee > Aug 27, 2021 10:35 AM | Report Abuse

If you want to know the 43.3% associate company performance of:
Melium Sdn. Bhd: Retailer of high fashion products
Dome Cafe Sdn. Bhd: Operating food and beverages
Then Q4 cumulative Segment retail trading and car rental share of profit less losses of associate companies (5,032,000)
Car rental (long lease): Actually make a small profit of 1.1 million.

Posted by stockfreak > 2021-08-27 10:45 | Report Abuse

Chart wise, I like Kenanga's better as it looks like it has more room to go up. But for support and resistance clan, Insas looks better. I am not doggy. I am a bit pussy when it comes to investment.

Posted by Sslee > 2021-08-27 10:46 | Report Abuse

Haha i3lurker,
What to do with family run business many ee mah koo cheh sook pak heng thai who are appointed Directors pocketing salaries and fees?

Posted by i3lurker > 2021-08-27 10:49 | Report Abuse

just log into SSM einfo
and pay RM10.00 plus RM5.00 plus tax RM0.30

altogether its => RM15.30 and you get a company profile.

for serious investing, this will come in useful one fine day.

Posted by i3lurker > 2021-08-27 10:51 | Report Abuse

to be honest INSAS is ok
when compared with other listed counters.

I assure you. ==> YOU CAN INVEST WITH CONFIDENCE.

in some listed companies even A4 paper must buy from "wink wink"


Posted by Sslee > Aug 27, 2021 10:46 AM | Report Abuse

Haha i3lurker,
What to do with family run business many ee mah koo cheh sook pak heng thai who are appointed Directors pocketing salaries and fees?

Posted by Sslee > 2021-08-27 10:52 | Report Abuse

Now you should know why I against the RI (PB with free warrants) with the hope that one day Mr. Cheah Cheng Hye of Value Partners Group will make a friendly takeovet of Insas.

Posted by i3lurker > 2021-08-27 11:00 | Report Abuse

Sometimes => The Devil That You know is always the best.

INSAS is ok now.

There is totally no Guarantee that the next management might insist buy A4 paper from "wink wink" at inflated prices.

=> that means its a risk.

fallback to => The Devil That You know



Posted by Sslee > Aug 27, 2021 10:52 AM | Report Abuse

Now you should know why I against the RI (PB with free warrants) with the hope that one day Mr. Cheah Cheng Hye of Value Partners Group will make a friendly takeovet of Insas.

Posted by Sslee > 2021-08-27 11:10 | Report Abuse

I actually wrote an email to value partner.
I wrote the below 2 articles in i3investor: How to value INSAS? Publish date: Sun, 27 Sep 2020, 2:50 PM

https://klse.i3investor.com/blogs/Sslee_blog/2020-09-27-story-h1514330026-How_to_value_INSAS.jsp

INSAS Deep Value Investing: Assets value (liquid assets) and Earning play. Publish date: Tue, 16 Jul 2019, 8:31 PM
https://klse.i3investor.com/blogs/Sslee_blog/2019-07-16-story215437-Insas_Deep_Value_Investing_Assets_value_liquid_assets_and_Earning_play.jsp

I believe your Investment Professional will agree with me at the current INSAS depressed market price the arbitrage opportunity is worth billions of Malaysia Ringgit.

But it is not my intention today to talk about arbitrage opportunity but about how INSAS will add value or compliment Value Partner Group business:

A brief Introduction about INSAS:
http://www.insas.net/

By balancing the Old brick-and-mortar economy with the New knowledge-and-technology based economy, Insas Berhad has successfully acquired expertise and experience in the businesses that we are in, where not only we have shown resilience and superiority, we continuously raise the platform for competition. Fuelled by a passion to triumph, commitment to excellence is what Insas Berhad holds dear to

Insas had growth slowly but surely and along the way Insas has made some bad investments that did not kill them but their good investment Inari had helped Insas to grow their others business and net worth to RM 1,750,354,000.
https://klse.i3investor.com/servlets/stk/fin/3379.jsp?type=last10fy

The Business synergy that will fit nicely into Value Partners Group Limited with huge potential business growth value:

M&A Securities Sdn Bhd (“M&A”), a wholly owned subsidiary of Insas, is a stock broking company providing trading services for stocks and shares listed on Bursa and recognised foreign stock exchanges, share margin financing, corporate advisory services and other regulated activities.

Insas Credit & Leasing Sdn Bhd (“ICL”) is licensed under the Moneylenders Act, 1951. ICL has established itself as a boutique structured finance provider to select sophisticated investors and corporations seeking short- and medium-term financing for working capital and investment purposes.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3067460

Recent IPO done by M&A: MTAG Group BHd, Solarvest Holding Berhad, Spring Art Holdings Berhad on Malaysia ACE market and privately provide 200 million credit line for TAKE-OVERS & MERGERS
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3060749
The Board of Directors ("Board") of Rubberex Corporation (M) Berhad ("Rubberex" or "Company") wishes to announce that the Company has on 22 June 2020 received a notice of unconditional mandatory take-over offer ("Offer") from Hextar Rubber Sdn Bhd (formerly known as ERP Star Inc. Sdn. Bhd.) and Dato' Ong Choo Meng, being the Joint Offerors for the Offer, through M&A Securities Sdn Bhd.

M&A Securities Sdn Bhd (“M&A”) synonym with merger and acquisition will be a very valuable intangible asset to Value Partners Group Limited to expand business into stock broking, share margin finance and corporate advisory services specialize in “merger and acquisition”

Posted by i3lurker > 2021-08-27 11:23 | Report Abuse

sslee

you are way wrong.
dun try to change the Original Management of the investee
nothing good will come out of this.

you should emulate EPF.
EPF is usually a passive investor.

EPF claims to be a passive investor, but I have long memories...

Posted by i3lurker > 2021-08-27 11:27 | Report Abuse

sslee

btw Paris Hilton is getting married so all our plans to takeover INSAS has been abandoned unilaterally by me.

Posted by stockfreak > 2021-08-27 11:32 | Report Abuse

Jho Low must be sad now.

Posted by Sslee > 2021-08-27 11:36 | Report Abuse

Haha i3lurker,
I just can't stand Philip keep laughing at my Insas investment as value trap so I try to do somethings to unlock the value of Insas.
Hope I can have the last laugh.

Posted by i3lurker > 2021-08-27 11:42 | Report Abuse

sslee

Philip is an arsehole.
He is just another guy who makes mistakes.
He was just lucky.
He also admitted to committed fraud using his bumiputra staff name for wink wink shares.
Self admitted fraudster, so silly.

=> He is a fraudster but then who is not?
I am not saying he is a fraudster and that I am not.
My point is that he is not a saint but just like all of us.


no need to pay heed to what he says.



Posted by Sslee > Aug 27, 2021 11:36 AM | Report Abuse

Haha i3lurker,
I just can't stand Philip keep laughing at my Insas investment as value trap so I try to do somethings to unlock the value of Insas.
Hope I can have the last laugh.

Posted by AAA555 > 2021-08-27 11:44 | Report Abuse

can't find another stock like Insas PE2.78 with big discount from NTA and high ROE.

Posted by stockfreak > 2021-08-27 12:14 | Report Abuse

Paris Hilton that great? Or you just want to recover some Jho Low's fingerprints on the body?

Posted by i3lurker > 2021-08-27 12:29 | Report Abuse

its not pasar malam price.
Pasar malam prices can be higher than shopping complex prices for suckers.


INSAS price its like those Petaling Street back alley stolen goods prices sold by Banglas at 4am in the morning


Posted by deMusangking > Aug 27, 2021 12:24 PM | Report Abuse

beautiful picture!
pasar malam price?
haha

Posted by ocbc > 2021-08-27 12:30 | Report Abuse

Lucky not limit up yet. We still can load more.

Pay $1 now and a get $2.99 , sure limit up type. Cheers !!

Lelong price.....LoL only in Malaysia !!

Posted by stockfreak > 2021-08-27 12:31 | Report Abuse

How about glove stocks price?

Posted by ocbc > 2021-08-27 12:35 | Report Abuse

glove stocks price? Harta now 24billion market cap, sell on strength lor

Posted by ocbc > 2021-08-27 12:46 | Report Abuse

Hi Sslee,
You may informed Harta boss to use his cash to sapu Insas stock lah. Win-win for all. Cheers!

Posted by risktoreward > 2021-08-27 12:49 | Report Abuse

ocbc, sapu how much also market is always right bro.
tropicana pun sapu topglove share. lim wee chai and family pun sapu sapu
kalau u yakin insas, just wait lo

this thread no matter price up or down also so happening one.. haha