Posted by Mikecyc > 2022-04-19 22:20 |

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Posted by Mikecyc > 2022-04-19 22:25 | Report Abuse

I am taking 596,850,000 shares - 536,808,575 = 60,041,425 .( is Sold )

Posted by Mikecyc > 2022-04-19 22:29 |

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Posted by TheContrarian > 2022-04-19 23:48 | Report Abuse

Mikecyc, keeping 50% of your capital in cash is way too high. There are so many bargains you can shop even now. Must take a bit risk.

Posted by Mikecyc > 2022-04-20 06:37 |

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Posted by Mikecyc > 2022-04-20 06:40 |

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Posted by Mikecyc > 2022-04-20 06:43 |

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Posted by Mikecyc > 2022-04-20 06:46 |

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Posted by Mikecyc > 2022-04-20 06:48 |

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Posted by Sslee > 2022-04-20 06:57 | Report Abuse

Someone still needed a white man number to tell him Insas is undervalued. With close to RM 1 billion cash and bank balances Insas has problem in how and what to invest in.

Maybe someone 50% cash is only less than 100K just good enough to invest in penny stocks like zelan.

Posted by Mikecyc > 2022-04-20 06:57 |

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Posted by Mikecyc > 2022-04-20 07:00 |

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Posted by Mikecyc > 2022-04-20 07:01 |

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Posted by Mikecyc > 2022-04-20 07:04 |

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Posted by Mikecyc > 2022-04-20 07:06 |

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Posted by Mikecyc > 2022-04-20 07:09 |

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Posted by Mikecyc > 2022-04-20 07:11 |

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Posted by Mikecyc > 2022-04-20 07:14 |

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Posted by Sslee > 2022-04-20 07:20 | Report Abuse

Calvin is now all in in plantation stocks which is a very wise choice as food price is rising due to inflation and weakening of MYR.

Posted by Sslee > 2022-04-20 07:25 | Report Abuse

Someone is still staying in his parent house so food and lodging FOC. Hence retire with only 200K in saving is pissible.

Posted by Mikecyc > 2022-04-20 07:26 |

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Posted by Sslee > 2022-04-20 07:27 | Report Abuse

Someone is still asking Why WC?? when I already take profit on my 1.5 million of WC.

Posted by Mikecyc > 2022-04-20 07:30 |

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Posted by Mikecyc > 2022-04-20 07:33 |

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Posted by Mikecyc > 2022-04-20 07:34 |

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Posted by Mikecyc > 2022-04-20 07:38 |

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Posted by Mikecyc > 2022-04-20 07:40 | Report Abuse

Referred to FY21 Q2 ended Dec 2020:

a) Financial assets

Trade n other receivables 622,818,000

Cash n bank balances 354,082,000

total = 976,900,000

b) Financial liabilities

Loans and borrowings 325,409,000

Trade and other payables 177,779,000

Lease liabilities 21,145,000

total = 524,333,000


a) - b ) = 452,567,000

Posted by Mikecyc > 2022-04-20 07:41 |

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Posted by Mikecyc > 2022-04-20 07:42 | Report Abuse

Oh MA is to keep selling Inari share ....good business lah ...

Posted by Sslee > 2022-04-20 07:50 | Report Abuse

So if your Along ICL lend RM 300 million+ to VVIP borrowers how you recored this RM 300 million+ on your balance sheet?

Posted by i3lurker > 2022-04-20 08:14 | Report Abuse

for vvip sure no need to record

just transfer cash to cayman islands
and maybe record as property plant and equipment will do

Posted by Sslee > 2022-04-20 08:29 | Report Abuse

Good morning i3lurker,
When you have RM 1 million or 10 million it is so easy to invest in share market but when Insas got close to RM 1 billion the Management got problem what to invest.

Posted by Sslee > 2022-04-20 08:34 | Report Abuse

By the way i3lurker when you buy share on contra the broker firm will record as receivable and when you sale on contra the broker firm will record as payable untill T+3 payment day.
Am I right?

Posted by TheContrarian > 2022-04-20 08:54 | Report Abuse

Anything outstanding at the end of the day is Receivables or Payables to the stockbroker.

Posted by Sslee > 2022-04-20 09:03 | Report Abuse

TQVM TheContrarian,
I am very much want to and happy to accumulate Insas but on the other hand I do not want to put all eggs in one basket

Posted by TheContrarian > 2022-04-20 09:31 | Report Abuse

If you truly believe in it you should never cease buying if it's selling at bargain price. When the time is right you must learn to sell periodically to lock up profits.

Posted by leno > 2022-04-20 09:36 | Report Abuse

diversify or not has neutral effect.
to diversify - not wrong
not to diversify - not wrong
telling others must diversify - wrong
telling other must not diversify - wrong

Me ? I am the most intelligent investor.
I don't hold on to useless belief.
Both beliefs contribute nothing so ever
like i said - NEUTRAL effect.
Do what u like - again Neutral effect.
Believing your belief is better than other ?
This one is BONGOK

Your belief is better than other
is when your Total result is better than other people.
Total result is better than other is reflected by
how much money u make in percentage and in real number.
Making 1,000% but in real number is only RM 100 ringgit doesn't count.
Making 10% but equal to RM 1 million give us a lot more information.
Claiming got RM 60 million but not a single name in annual report is cow sheet.

HAHAHAHAHAHAH.

I have held 11 companies at one time, 1 company at another time,
and sometime Zero company with 100% cash on hand.
And my result and effect on me is a total AWESOME !!

NGAP NGAP INSAS !!
SEDAAAAAAAAAAAAAAAAAPPP !!

Posted by TheContrarian > 2022-04-20 09:54 | Report Abuse

Took profit on Insas from RM1.04 until RM1.20 and diversified into Mycron, Rubberex and SYF and way better off.

Posted by TheContrarian > 2022-04-20 10:29 | Report Abuse

Was hoping to buy Insas at 81.5 sen but I think Mikecyc sapu at 82 sen.

Posted by leno > 2022-04-20 10:43 | Report Abuse

If i to put up something like
sometimes we must diversify
sometime we must not diversify
sometime we must only hold cash
doesn't this sound a bit more reasonable ?

I can give u many many funny analogy that does not make sense
something like

If 5 of u and friends going to Australia makan angin
will 5 of u take 5 different flight or 1 single flight ?
If u take 1 single flight, and the flight got delayed or cancelled,
all your 5 persons hotel booking and other things will be burnt.
What happen if that flight crash into indian ocean ?
Doesn't taking 5 different flight make more sense ?

Or

If u have 5 children,
would u send each of them to 5 different schools ?
U never know which school suddenly perform better than the other
and u also can avoid sending all 5 into 1 worst performing school.
Sound familiar ?

On top of using so much petrol and time to drive to 5 different school, .. oh ... i can use 5 different school buses to send my kids to 5 different school ... HAHAHAH.

Isn't it obvious just to check the 5 different schools and choose the best school to send all your 5 kids to ? No ?
What if suddenly the school principal change to a useless principal.
Just take out ALL 5 of your kids and send them to other school lor.
WHY ? U plan to take 4 out and leave 1 there is it ?

HAHAHAHAHAHAHAH ....
this is just some funny anology.
don't angri okay.

NGAP NGAP INSAS !!
SEDAAAAAAAAAAAAAAPPPP !!

Posted by Mikecyc > 2022-04-20 11:11 |

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Posted by leno > 2022-04-20 11:15 | Report Abuse

So, if u do not know anything about 5 stocks.
And someone put a gun on your head,
and say
rule 1 u must invest all your money, and
rule 2 u must not lose all your money
rule 3 u cannot sell as u wish
than u may choose to diversify into the 5 UNKNOWN stocks.

By choosing to buy into 5 reduce chances u lose ALL in 1 go.

The 3 elements here are "UNKNOWN" , "LOSE ALL" and "cannot sell"

But in real life these 3 can be manipulated.
Unknown can be change to known.
Lose all can be compensated with monthly salary earning from your job
cannot sell - to who say cannot sell ?

Take Serba, in June KPMG give big hint about Fraud, but why instead of sell, someone go and buy more ? HAHAHAHAHAHAHAHAH !!

If u are young guy, with RM 10 k to invest, how fak are u going to diversify into 10 stocks ? RM 1000 per stock ? Why not put RM 10k in 1 stock, then with next few months salary, u can put in another "known" stocks. Even u loss all RM 10 k, your next salary will cover or let u restart again.

Even if a company take a bad turn, u can sell them
or u can sell them just to buy a better one
or if u need cash, u can sell them
agaain who say cannot sell ?

If u got RM 1 million cash like sslee.
And after invest, u are going meditate inside some cave for 1 whole month, then u may choose NOT to put everything into Xingquan or any ONE stock,
U worry later come out from jungle, u found xingquan has disappear from Bursa ... forever.

But diversify into 5 companies like serba, kpower, scib, sapura, etc .... doesn't make u any better.

So, If u REALLY need to meditate 30 days inside some cave, just keep your cash in bank for 30 days, and re-invest after u come out from the cave mar. No ?

HAHAHAHAHAHAHAHAH !!

Posted by Mikecyc > 2022-04-20 11:21 |

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Posted by Mikecyc > 2022-04-20 11:24 |

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Posted by Mikecyc > 2022-04-20 11:31 |

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Posted by Sslee > 2022-04-20 11:32 | Report Abuse

Leno already all in Insas-WC now can only wait.

All my Plantation stocks are now on hot run.
Go, go, go Bplant, Hsplant, Cepat, MHC and Masteel ........5X cheer.

Posted by leno > 2022-04-20 11:39 | Report Abuse

correct lor .... 5 X cheers to plantation stock mar
hopefully can cover back all the loses in 1 xingquan.
HAHAHAHAHAHAHAH !!

Posted by Sslee > 2022-04-20 11:48 | Report Abuse

All plantation stocks will report a very good next quarter profit
And I have a feeling that Insas will also report a very good next quarter profit so @TheContrarian last chance to collect Insas at 81.5 cents.

Posted by Mikecyc > 2022-04-20 11:51 |

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Posted by Mikecyc > 2022-04-20 11:56 |

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