INSAS BHD

KLSE (MYR): INSAS (3379)

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Last Price

0.995

Today's Change

-0.025 (2.45%)

Day's Change

0.995 - 1.01

Trading Volume

1,039,900


44 people like this.

45,811 comment(s). Last comment by TheContrarian 9 hours ago

Sslee

5,944 posts

Posted by Sslee > 2022-01-19 12:48 | Report Abuse

I3lurker,
I too eagerly awaiting your 2 stocks to bet with silly Mike.

i3lurker

13,892 posts

Posted by i3lurker > 2022-01-19 12:53 | Report Abuse

sslee

silly mike is parri passu with silly philip

both are desperate for stock tips,
they will do anything even sell their mother to get stock tips

I think you already made money from my tips on buying Armada and MMC privatization right?

Sslee

5,944 posts

Posted by Sslee > 2022-01-19 13:04 | Report Abuse

Haha i3lurker, that is why I am coming for second helping. You are more chun chun than calvin

Mikecyc

45,527 posts

Posted by Mikecyc > 2022-01-19 14:19 |

Post removed.Why?

Mikecyc

45,527 posts

Posted by Mikecyc > 2022-01-19 14:21 |

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Mikecyc

45,527 posts

Posted by Mikecyc > 2022-01-19 14:22 |

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Mikecyc

45,527 posts

Posted by Mikecyc > 2022-01-19 14:25 |

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Mikecyc

45,527 posts

Posted by Mikecyc > 2022-01-19 14:44 |

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Mikecyc

45,527 posts

Posted by Mikecyc > 2022-01-19 14:45 |

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Mikecyc

45,527 posts

Posted by Mikecyc > 2022-01-19 14:49 |

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Mikecyc

45,527 posts

Posted by Mikecyc > 2022-01-19 14:52 |

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Mikecyc

45,527 posts

Posted by Mikecyc > 2022-01-19 14:53 |

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Mikecyc

45,527 posts

Posted by Mikecyc > 2022-01-19 14:57 |

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Mikecyc

45,527 posts

Posted by Mikecyc > 2022-01-19 15:01 |

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Mikecyc

45,527 posts

Posted by Mikecyc > 2022-01-19 15:27 |

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Mikecyc

45,527 posts

Posted by Mikecyc > 2022-01-19 15:34 |

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TheContrarian

9,202 posts

Posted by TheContrarian > 2022-01-19 18:58 | Report Abuse

Bought Insas at 91 sen.

Mikecyc

45,527 posts

Posted by Mikecyc > 2022-01-20 00:32 |

Post removed.Why?

Sslee

5,944 posts

Posted by Sslee > 2022-01-20 10:16 | Report Abuse

Haha Mike ada curi curi beli 0.91 kah?

Mikecyc

45,527 posts

Posted by Mikecyc > 2022-01-20 10:20 |

Post removed.Why?

Sslee

5,944 posts

Posted by Sslee > 2022-01-20 10:43 | Report Abuse

Mike,
Insas holding of 535,993,575 (14.48%) Inari share will bring in how much share of profit and cash flow of dividend received every quarter?

Windy1974

735 posts

Posted by Windy1974 > 2022-01-20 11:20 | Report Abuse

SSlee. Insas is in my watch list. My opinion, 0.91 worth buying? I am looking at Insas's trading range over the last 5 years as a guideline instead of NTA. If you got too much money and can wait, no issue. Otherwise, can always wait.
I will buy and sell when reach RM1, so 10% gain is not appealing now

Sslee

5,944 posts

Posted by Sslee > 2022-01-20 11:30 | Report Abuse

Sometime I just wonder when will Insas employ it close to 1 billion cash hoard to generate more income?

uncensored

2,694 posts

Posted by uncensored > 2022-01-20 11:36 | Report Abuse

They waiting for corporate raider to take over la... As the management seem don't know where & what to invest all this cash.
Holding cash is still a costs to the company.

alenac

2,648 posts

Posted by alenac > 2022-01-20 11:36 | Report Abuse

This company BOD thinks and operates like oldman retired single sole proprietor.

Posted by Sslee > Jan 20, 2022 11:30 AM | Report Abuse

Sometime I just wonder when will Insas employ it close to 1 billion cash hoard to generate more income?

alenac

2,648 posts

Posted by alenac > 2022-01-20 11:50 | Report Abuse

I remember in the mid-1990s, many punters were caught with Insaf, some may be holding them till now. NTA at the moment is pretty good and management super conservative. One day may become super blue chips. Question is when?

Mikecyc

45,527 posts

Posted by Mikecyc > 2022-01-20 11:55 |

Post removed.Why?

Mikecyc

45,527 posts

Posted by Mikecyc > 2022-01-20 12:00 |

Post removed.Why?

Sslee

5,944 posts

Posted by Sslee > 2022-01-20 12:40 | Report Abuse

Mike,
Mind telling me your oredi sold 5% inari share is how many million share at what price and when?

Windy1974

735 posts

Posted by Windy1974 > 2022-01-20 12:43 | Report Abuse

SSlee.
Jim Cramer is not God but someone who i listen to. This might be your answer for O&G boom and bust cycle? In fact, from my readings gathered so far, not only oil, metal commodities also same conservative approach on production expansion. Hence, i anticipate high resource prices for years to come. Most people will suffer from high inflation. One way to hedge against that is to invest in oil, metal resource companies.
I just took an Airasia flight on Tuesday to visit Petronas clients and it was 70% full. I was told that all budget for 2022 has been approved 100%. (2020 cut 45%, 2021 25%) 2023 gonna be even better. Now while you are waiting for Insas to be taken over or the major shareholders came to their conscience to give you more dividends, let's buy some O&G stocks, especially Hibiscus.
Don't just enrich your Insas directors la, help push up Hibiscus so i could retire at 50

https://www.cnbc.com/2022/01/19/jim-cramer-who-once-saw-oil-stocks-as-uninvestable-explains-new-view.html

Sslee

5,944 posts

Posted by Sslee > 2022-01-20 12:44 | Report Abuse

I do not think in mid-1990s insas is a value buy. Only now because of accumulated profit/cash and still holding 535,993,575 (14.48%) Inari share make Insas the most undervalued stock in Bursa.

Aaron_tan

2,337 posts

Posted by Aaron_tan > 2022-01-20 12:45 | Report Abuse

this is a broker cum investment house

wont fetch high share price.

Sslee

5,944 posts

Posted by Sslee > 2022-01-20 12:58 | Report Abuse

Mike,
From Insas Annnual report:
% Effective equity interest
Name of companies: 2021: 2020: 2019: 2018: 2017
Inari Amertron Berhad: 16.3: 18.8: 18.9: 19.1: 20.2

Sslee

5,944 posts

Posted by Sslee > 2022-01-20 13:01 | Report Abuse

I just keep 50% in Insas. The rest in Palm oil, Crude oil and Steel stocks

Mikecyc

45,527 posts

Posted by Mikecyc > 2022-01-20 14:54 |

Post removed.Why?

Mikecyc

45,527 posts

Posted by Mikecyc > 2022-01-20 14:57 |

Post removed.Why?

Sslee

5,944 posts

Posted by Sslee > 2022-01-20 15:29 | Report Abuse

Mike,
No wonder i3lurker labelled you as silly mike.
Disposed of 13.5 million shares in Inari Amertron Bhd become:
Mikecyc Haha oredi sold 5 % Inari share with Huge Profit ...

Mikecyc

45,527 posts

Posted by Mikecyc > 2022-01-20 17:05 |

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Mikecyc

45,527 posts

Posted by Mikecyc > 2022-01-20 17:06 |

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Mikecyc

45,527 posts

Posted by Mikecyc > 2022-01-20 17:11 |

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Mikecyc

45,527 posts

Posted by Mikecyc > 2022-01-20 17:13 |

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TheContrarian

9,202 posts

Posted by TheContrarian > 2022-01-20 18:00 | Report Abuse

Insas only traps people who never sell.

Sslee

5,944 posts

Posted by Sslee > 2022-01-20 19:21 | Report Abuse

I already voice up shared prosperity or common prosperity to share out the cash hoard to all Insas shareholders if insas cannot find any worthwhile investment to invest but Leno object because Leno only hold the WC.

Mikecyc

45,527 posts

Posted by Mikecyc > 2022-01-21 11:01 |

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Mikecyc

45,527 posts

Posted by Mikecyc > 2022-01-21 11:04 |

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Mikecyc

45,527 posts

Posted by Mikecyc > 2022-01-21 11:06 |

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birdparadise

1,468 posts

Posted by birdparadise > 2022-01-21 11:57 |

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Mikecyc

45,527 posts

Posted by Mikecyc > 2022-01-21 12:42 |

Post removed.Why?

Mikecyc

45,527 posts

Posted by Mikecyc > 2022-01-21 13:04 |

Post removed.Why?

i3lurker

13,892 posts

Posted by i3lurker > 2022-01-21 16:31 | Report Abuse

WC touched 30 sen today

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