INSAS BHD

KLSE (MYR): INSAS (3379)

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Last Price

1.00

Today's Change

+0.005 (0.50%)

Day's Change

0.995 - 1.00

Trading Volume

338,700


44 people like this.

45,859 comment(s). Last comment by ocbc 1 hour ago

Mikecyc

45,527 posts

Posted by Mikecyc > 2021-10-06 20:01 |

Post removed.Why?

Mikecyc

45,527 posts

Posted by Mikecyc > 2021-10-06 20:05 |

Post removed.Why?

Mikecyc

45,527 posts

Posted by Mikecyc > 2021-10-06 20:10 |

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Sslee

5,958 posts

Posted by Sslee > 2021-10-06 20:12 | Report Abuse

I remember during one of the AGM, I talk to management of M&A that they should Monetization the name M&A as specialize in providing Merge and Acquisition service provider. There are a lot of big money to be earned if you can position yourself in this type of financial advisory services.

Mikecyc

45,527 posts

Posted by Mikecyc > 2021-10-06 20:13 |

Post removed.Why?

Sslee

5,958 posts

Posted by Sslee > 2021-10-06 20:18 | Report Abuse

(a) raise its future equity and debt funding requirement through the capital market independently from Insas Group.

Currently a lot of Insas cash is tie up with M&A securities berhad. If this cash can be freed up hopefully Insas can redeploy the cash or increase dividend payout.

Mikecyc

45,527 posts

Posted by Mikecyc > 2021-10-06 20:22 |

Post removed.Why?

Mikecyc

45,527 posts

Posted by Mikecyc > 2021-10-06 21:17 |

Post removed.Why?

Junqi

155 posts

Posted by Junqi > 2021-10-06 21:31 | Report Abuse

I see M&A listing adding value to Insas, its NAV would increase. But little impact on share price.

Andrewpro

16 posts

Posted by Andrewpro > 2021-10-06 22:17 | Report Abuse

Can summary wat annoucement about?

Mikecyc

45,527 posts

Posted by Mikecyc > 2021-10-07 06:50 |

Post removed.Why?

Mikecyc

45,527 posts

Posted by Mikecyc > 2021-10-07 06:51 | Report Abuse

>> In total, the rights issue and restricted issue are expected to raise RM69.98 million, of which RM50.26 million will be utilised to settle the amount owed to its sister company Insas Technology Bhd.

Sslee

5,958 posts

Posted by Sslee > 2021-10-07 07:06 | Report Abuse

Haha Mike once the cash is free up from M&A I will ask for better dividend for Insas shareholders.

i3lurker

13,893 posts

Posted by i3lurker > 2021-10-07 07:13 | Report Abuse

I am asking Miss World, Miss Universe, Miss Malaysia and Miss Aeroflot to marry me too.

Sslee

5,958 posts

Posted by Sslee > 2021-10-07 07:16 | Report Abuse

Haha i3lurker so what is their answer?

Mikecyc

45,527 posts

Posted by Mikecyc > 2021-10-07 07:17 |

Post removed.Why?

Mikecyc

45,527 posts

Posted by Mikecyc > 2021-10-07 07:19 |

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Mikecyc

45,527 posts

Posted by Mikecyc > 2021-10-07 07:21 | Report Abuse

Property segment is mostly oversea ke ?

Mikecyc

45,527 posts

Posted by Mikecyc > 2021-10-07 07:27 |

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Sslee

5,958 posts

Posted by Sslee > 2021-10-07 07:28 | Report Abuse

Haha Mike,
Insas hold Inari thro':
Insas Technology Berhad - 424,769,375
Media Lang Limited - 11,206,500
Insas Plaza Sdn Bhd - 103,867,700
Montego Assets Limited - 850,000

Care to calculate how much free cash/dividend received/will be receiving from Inari yearly?

Mikecyc

45,527 posts

Posted by Mikecyc > 2021-10-07 07:31 |

Post removed.Why?

Mikecyc

45,527 posts

Posted by Mikecyc > 2021-10-07 07:33 |

Post removed.Why?

Mikecyc

45,527 posts

Posted by Mikecyc > 2021-10-07 07:36 |

Post removed.Why?

Mikecyc

45,527 posts

Posted by Mikecyc > 2021-10-07 07:40 |

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Mikecyc

45,527 posts

Posted by Mikecyc > 2021-10-07 07:44 | Report Abuse

>> Insas added the listing status of M&A will enable the latter to raise future equity and debt funding requirements through the capital market, expand its customer base, as well as retain and attract new employees from the financial services industry.

Mikecyc

45,527 posts

Posted by Mikecyc > 2021-10-07 07:45 |

Post removed.Why?

Sslee

5,958 posts

Posted by Sslee > 2021-10-07 07:50 | Report Abuse

Haha Mike your PA how much dividend?
Why need conversion of warrant and ESOS for working capital?

Know this year Bplant dividend yield will be how much?

pampers

357 posts

Posted by pampers > 2021-10-07 08:05 | Report Abuse

Holding insas for many yrs, lost some on warrants , and lost more on opportunity cost,indeed a value trap company...Anyways, hopefully it will not disappoint me again in coming days...

JKing

239 posts

Posted by JKing > 2021-10-07 08:22 | Report Abuse

The right issue is for the purpose to settle the interco balance, not sure how it is link to so much cash still ask for money posted question? Understand the listing requirement and it is to fulfill the interco settlement.

Posted by NorthernStar > 2021-10-07 08:26 | Report Abuse

after all this event is INSAS or M

Posted by NorthernStar > 2021-10-07 08:32 | Report Abuse

insas created another inari like CASH COW. Wow.

Posted by NorthernStar > 2021-10-07 08:33 | Report Abuse

can insas make the all time high? let see.

Posted by NorthernStar > 2021-10-07 08:35 | Report Abuse

if insas put up the price of syf n liquidate that we be a huge gain n later buy back.

Posted by NorthernStar > 2021-10-07 08:35 | Report Abuse

thumb up for insas.

Mikecyc

45,527 posts

Posted by Mikecyc > 2021-10-07 08:37 |

Post removed.Why?

Posted by NorthernStar > 2021-10-07 08:37 | Report Abuse

syf got q up til 0.725 sen. Wow

Mikecyc

45,527 posts

Posted by Mikecyc > 2021-10-07 08:39 |

Post removed.Why?

Mikecyc

45,527 posts

Posted by Mikecyc > 2021-10-07 08:45 |

Post removed.Why?

Mikecyc

45,527 posts

Posted by Mikecyc > 2021-10-07 08:47 |

Post removed.Why?

Posted by NorthernStar > 2021-10-07 08:47 | Report Abuse

show start today for insas syf n mieco. is mieco holding any share in syf?

Posted by NorthernStar > 2021-10-07 08:51 | Report Abuse

mikecyc it is an open forum n anybody can share their experience about good counter.

周 海

171 posts

Posted by 周 海 > 2021-10-07 08:52 | Report Abuse

Yes. Forum is for us to post fake news. Do you see any genuine posts/info in this forum?

Posted by NorthernStar > 2021-10-07 08:53 | Report Abuse

haha.. right. buy at your own risk.

周 海

171 posts

Posted by 周 海 > 2021-10-07 08:54 | Report Abuse

My name is Chow Hai. Do you believe me?

Everyone is trying to push up the price of the stocks that they bought here. Do you expect charity type of info?

Posted by NorthernStar > 2021-10-07 08:56 | Report Abuse

do your own research n buy at your own risk. don't blame anybody.

Posted by NorthernStar > 2021-10-07 08:57 | Report Abuse

q is up til 1.25. limit up.

Posted by NorthernStar > 2021-10-07 08:59 | Report Abuse

somebody talk is too buy n somebody talk is to sell. which side are u on? make your own decision n don't blame other or market.

Mikecyc

45,527 posts

Posted by Mikecyc > 2021-10-07 09:05 |

Post removed.Why?

周 海

171 posts

Posted by 周 海 > 2021-10-07 09:05 | Report Abuse

Nowadays, KLSE has a lots of katak. They keep hopping so that they can hit a limit-up counter. They bought a lot in the opening and then quit if it fails to limit up. Then they hop again.

Mikecyc

45,527 posts

Posted by Mikecyc > 2021-10-07 09:07 |

Post removed.Why?

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