. 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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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:
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.
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”
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.
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.
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
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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.