INSAS BHD

KLSE (MYR): INSAS (3379)

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Last Price

1.00

Today's Change

+0.015 (1.52%)

Day's Change

1.00 - 1.05

Trading Volume

2,666,100


44 people like this.

45,953 comment(s). Last comment by TheContrarian 53 minutes ago

winwin007

232 posts

Posted by winwin007 > 2014-03-25 16:34 | Report Abuse

FullTime..u so geng!! sai lang!!

sephiroth

14,138 posts

Posted by sephiroth > 2014-03-25 16:34 | Report Abuse

t4 thursday? makan cheap kaw kaw

kytan

2,865 posts

Posted by kytan > 2014-03-25 16:35 | Report Abuse

insas is good but the big boy want buy cheap..so still need 1 to 2 days before bull run again.

Alex Chan

3,915 posts

Posted by Alex Chan > 2014-03-25 16:36 | Report Abuse

who bought yesterday most probably sold...vol 133 mil.

drift downwards?

keshminder

215 posts

Posted by keshminder > 2014-03-25 16:37 | Report Abuse

seph, whats significance of t4? thats when trades are paid for arent they? how does that effect? New to the market! need to learn!

FullTime

1,074 posts

Posted by FullTime > 2014-03-25 16:38 | Report Abuse

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

Alex Chan

3,915 posts

Posted by Alex Chan > 2014-03-25 16:39 | Report Abuse

yep. Thursday massacre

sephiroth

14,138 posts

Posted by sephiroth > 2014-03-25 16:42 | Report Abuse

keshminder , on t4, contra player without cash will force selling driving down the price, dunno how much contra players out of 110-120m shares

dniap

447 posts

Posted by dniap > 2014-03-25 16:45 | Report Abuse

Everday is a contra day. U play with other ppl cash..

kytan

2,865 posts

Posted by kytan > 2014-03-25 16:50 | Report Abuse

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.

keshminder

215 posts

Posted by keshminder > 2014-03-25 17:01 | Report Abuse

right right i get it. lets see whats in store tomorrow. thanks man

FullTime

1,074 posts

Posted by FullTime > 2014-03-25 17:01 | Report Abuse

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,

cipapo

1,288 posts

Posted by cipapo > 2014-03-25 17:04 | Report Abuse

tomolo insas will fly again riding inari wave...stay tune...

fortunebullz

2,000 posts

Posted by fortunebullz > 2014-03-25 17:05 | Report Abuse

Tomorrow cashout! Too much contra players! Open green i clear all!

bjgdila123

3,470 posts

Posted by bjgdila123 > 2014-03-25 17:09 | Report Abuse

still cheap at today closing

Posted by basicinvestor > 2014-03-25 17:10 | Report Abuse

kytan, no worries... basically, you are still buying insas cheap... cheer up! you may average down the lose..

iafx

4,632 posts

Posted by iafx > 2014-03-25 17:16 | Report Abuse

awesome vol!

cipapo

1,288 posts

Posted by cipapo > 2014-03-25 17:19 | Report Abuse

today closing price may look expensive ...but it will be the lowest price to purchase tomorrow...

kytan

2,865 posts

Posted by kytan > 2014-03-25 17:19 | Report Abuse

i sold with 5K profit..suppose 12K. Anywhere enter to Inari-wa at 2.31 now price at 2.4.still around 2K+ (still holding)

Posted by leslieroycarter > 2014-03-25 17:22 | Report Abuse

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.

iafx

4,632 posts

Posted by iafx > 2014-03-25 17:36 | Report Abuse

that's INARI, not INSAS. Inari juz got MIDA grant, save more expenses.

iafx

4,632 posts

Posted by iafx > 2014-03-25 17:45 | Report Abuse

bro, insas doesn't have warrant, satu batang saja :D

Posted by basicinvestor > 2014-03-25 17:46 | Report Abuse

mistaken.. haha

Posted by Jonathan Keung > 2014-03-25 18:08 | Report Abuse

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

pang72

50,665 posts

Posted by pang72 > 2014-03-25 18:47 | Report Abuse

Last 3 days. This counter only gark.Leno. & me to talk to nobody. Today see a lot of supporter.good. not so quiet

Probability

14,488 posts

Posted by Probability > 2014-03-25 18:56 | Report Abuse

Good point there Jonathan...thanks

love2trade

450 posts

Posted by love2trade > 2014-03-25 18:58 | Report Abuse

inverter hammer

pang72

50,665 posts

Posted by pang72 > 2014-03-25 18:58 | Report Abuse

Watch out FRB. Dato thong another goreng company is brewing

almufathal

1,360 posts

Posted by almufathal > 2014-03-25 19:57 | Report Abuse

possible of bonus issue and stock split!!!!! actively share buy back....29millon shares....yummy..yummyyy

Probability

14,488 posts

Posted by Probability > 2014-03-25 20:20 | Report Abuse

Yup..just in year 2013 alone..due to active shares buy back..the Treasury Shares increased from 19 million to 29 million..

Probability

14,488 posts

Posted by Probability > 2014-03-25 20:22 | Report Abuse

This company knows where its going to head...

killerX

68 posts

Posted by killerX > 2014-03-25 20:24 | Report Abuse

don't cons people la, later correction

Posted by basicinvestor > 2014-03-25 20:26 | Report Abuse

Probability, your Probability of correction is very low... no point to stock split... Insas is fundamental strong and dont need to increase the liquidity..

johnny cash

6,400 posts

Posted by johnny cash > 2014-03-25 20:29 | Report Abuse

the way this counter move today, i think be a little carefull with it, very heavy swings. to be carefull

Probability

14,488 posts

Posted by Probability > 2014-03-25 20:31 | Report Abuse

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

pang72

50,665 posts

Posted by pang72 > 2014-03-25 20:35 | Report Abuse

No need share split. It got chance to privatise inari

pang72

50,665 posts

Posted by pang72 > 2014-03-25 20:36 | Report Abuse

Insas may list merlium group in near term to unlock vslue

killerX

68 posts

Posted by killerX > 2014-03-25 20:42 | Report Abuse

privatize? what insas get if privatize inari? Funny. Plug from sky again.

pang72

50,665 posts

Posted by pang72 > 2014-03-25 21:01 | Report Abuse

Ooooop. Rumours are insas going to be target for privatisation. Super cheap..use 1.20 to buy 1.60 asset ....

almufathal

1,360 posts

Posted by almufathal > 2014-03-25 21:02 | Report Abuse

privatized not la....but par value is rm1....maybe to share split...but for me...to reward the shareholders with bonus issue...why not right???

pang72

50,665 posts

Posted by pang72 > 2014-03-25 21:13 | Report Abuse

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.

pang72

50,665 posts

Posted by pang72 > 2014-03-25 21:14 | Report Abuse

This rumours look good too...

pang72

50,665 posts

Posted by pang72 > 2014-03-25 21:16 | Report Abuse

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

pang72

50,665 posts

Posted by pang72 > 2014-03-25 21:22 | Report Abuse

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.

valueguru

145 posts

Posted by valueguru > 2014-03-25 21:23 | Report Abuse

Check the facts first .... Insas has been offloading Inari warrants ...... why don't then just convert?

OptimusX8

216 posts

Posted by OptimusX8 > 2014-03-25 21:25 | Report Abuse

ok, my contribution. FB want to acquire Inari. steve jobs wife also keen.

almufathal

1,360 posts

Posted by almufathal > 2014-03-25 21:33 | Report Abuse

ini Thong banyak kaya wooooo

almufathal

1,360 posts

Posted by almufathal > 2014-03-25 21:42 | Report Abuse

aiyoooo....makim banyak theories....

gweilo

1,086 posts

Posted by gweilo > 2014-03-25 21:45 | Report Abuse

Warren Buffet want to acquire Insas so he too can be Datuk Gormet Buffet.

Posted by Lollipot Anison > 2014-03-25 21:52 | Report Abuse

Inari up like this insas will follow.

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