Maybe insaf should change the name of the M&A, M&A, to something not M&A as it sounds like a no-brainer name or fake M&A without using the brain. Just an impression.
Disposal of Inari shares by insas Date Seller Units Price Amount unit cost Cost Profit 8-Sep-21 Media Lang 2,500,000 3.54 8,850,000 1.5261 3,815,250 5,034,750 12-Aug-21Media Lang 1,060,000 3.57 3,784,200 1.5261 1,617,666 2,166,534 11-Aug-21Media Lang 1,250,000 3.64 4,550,000 1.5261 1,907,625 2,642,375 4,810,000 17,184,200 9,843,659
(1) Insas Technology Berhad - 424,769,375 (No change) (2) Media Lang Limited - 11,206,500 (3) Insas Plaza Sdn Bhd - 103,867,700 (No change) (4) Montego Assets Limited - 850,000 (No change)
By the way Insas cost on Inari. (1) Insas Technology Berhad - 424,769,375 (RM 0.227) (2) Media Lang Limited - 11,206,500 (RM 1.526) (3) Insas Plaza Sdn Bhd - 103,867,700 (RM 0.227) (4) Montego Assets Limited - 850,000 (No idea) Mar and April 2021 bought 650,000 inari for RM 2.155 million
So it is so easy for Insas BOD to report a good quarterly profit by selling some Inari shares.
I still hold Bplant. As I said before Bplant controlling shareholder is eager to give dividend(quarterly) and also opportunities to unlock its freehold plantation land value.
But as a technical guy, u should advice us, which are the plantation that is highly efficient in terms of FFB production & Cpo extraction and now trading at huge valuation loh!
Your Advice of the company that give good generous dividend & selling plantation land to realized true value, although are important but it is more for the non technical competent like raider mah!
Sslee u should make use of your core competence to pick some core palmoil shares base on production efficiency using core technical skills mah!
Posted by Sslee > Oct 14, 2021 10:18 AM | Report Abuse
I still hold Bplant. As I said before Bplant controlling shareholder is eager to give dividend(quarterly) and also opportunities to unlock its freehold plantation land value.
Remember Insas net cash per share exceed the share price mah!
A gold mine is staring at u in the eyes just whack insas as much as possible lor. Asset, Earning and Growth 3-in-1 play.
last time leno bought PMCorp at 8 sen leno whack until become Top number 1 outsider holder meaning higher than a lot of insider holdings as well.
as usual ppl tok kok a lot and suddenly PMCorp announce capital return of 8 sen. Not only leno get back leno 8 sen capital , PMCorp shoot up to above 30 sen.
That is how u make enormous profit mah!
Sslee pls do not missed loh!
U either buy insas to be the top 30 shareholders or use your competent to search for highly effective palmoil related share mah!
Posted by Sslee > Oct 14, 2021 10:29 AM | Report Abuse
I bought Insas this morning at 0.975 and 0.98. I try to limit my exposure to a single stock to 50% max of my investment.
The problem with Insas is the controlling shareholder not eager to give dividend nor unlock Insas value. Thus the share price increase slowly. My other 50% is used for some good dividend giving stocks and for trading gains. From these trading gains which allowed me to buy more Insas.
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Posted by Mikecyc > 2021-10-08 11:26 |
Post removed.Why?