yes, yes , those money that my relative asked me to help them to pay for tuition fees, tnb , housing instalment car instalment , i kasi hentam into insas first. if insas down , then i dissapear in Indian ocean, if insas shoot up , i appear with cigar. "wind wind bright bright" come back
but this time Insas is big volume traded and everyone believe it still can go up higher. So small shark all contra to play..but big shark stop buying and unload today morning. Now the small fish in middle of war zone. just wish the price still up and small fish don't chase to avoid it reallt happen. Today I also catch at 1.29 ..half of my profit gone.
today closing not bad la . at least tomorrow likely Inari going to lead and attempt to hit RM3 which will lead insas again, today's seller will turn into buyer tomolo after cool down their mind tonight , the fact is the share is undervalued,
I PREFER ITS RISE IS GRADUAL NOT LIKE THIS....! INARI:INSAS :INARI-W UNDERQUOTE: INSAS? WHERE INARI N WARRANT R FULLY PRICED, V LITTLE ROOM TO MOVE ALREADY.
fundamentally INSAS is undervalued per see. if their reported earnings can be sustain into the next quarter. then the price rise (upward momentum) is justified.
INSAS and other related counter ( eg. INARI ) will attract potential suitors based on the low share price( tangible assets )Dato Thong is an experienced old hand at stock trading. He needs to push up their prices to prevent any unsolicited take over.
this is part of the rationale why INSAS and INARI shares attracted so much interest. if he is not careful (funds manager may make a buy out ) on INSAS or INARi. remember Dato Thong is only holding app 20% -30% of the company shar. If other funds manager combined their shareholdings, their percentage may rival Dato Thong interest.
last but not the least INSAS is holding cash reserve in excess of RM 150 million. this is real tempting bait. happy trading
Probability, your Probability of correction is very low... no point to stock split... Insas is fundamental strong and dont need to increase the liquidity..
Agreed..they have so much cash...the management had been making the right decisions all the while.. They buy back..the 'outstanding shares' were decreasing..treasury shares increased..smart
Market talk is that INSAS will be buying into INARIto take control of 51% since they only own 36%. The rationale is that when inari becomes their subsidiary, accounting wise they can consolidate the account and benefits from inari current good profit n THE ANTICIPATED jump in profit. Now inari is only an associate company,; insas can only benefits from dividend receive and not consolidation of account. Thus to take control; they have to buy inari from market which will push inari price up.
Summary of rumours 1. Privatisation insas or inari 2. Bonus issue 3. Share split 4.listing merlium group 5. Special dividend....anymore please help to add in
KUALA LUMPUR - Datuk Thong Kok Khee is weighing the possibility of expanding his stake in Insas beyond the 33 per cent threshold, a move which will automatically force the tycoon to buy out the entire company, sources say.
They said Thong could offer anything between RM1.10 and RM1.25 a share to take Insas private and consolidate his position in the company.
However, chances are that an offer in the range of RM1.25 a share may be spurned by minority shareholders because it is way below the break-up value of the company.
Filings to the stock exchange show that Thong currently has an indirect 23.11 per cent stake in Insas.
New IPO: Building management systems (BMS), solar thermal systems and energy-saving services provider, Solar District Cooling Bhd aims to list on the Ace Market!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
winwin007
232 posts
Posted by winwin007 > 2014-03-25 16:34 | Report Abuse
FullTime..u so geng!! sai lang!!