INSAS BHD

KLSE (MYR): INSAS (3379)

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Last Price

0.795

Today's Change

+0.01 (1.27%)

Day's Change

0.79 - 0.795

Trading Volume

119,700


40 people like this.

30,624 comment(s). Last comment by Mikecyc 1 day ago

leno

5,945 posts

Posted by leno > 2022-04-19 11:23 | Report Abuse

A country become PARIAH when
PM and cabinets are so corrupted.
MACC are corrupted
Judge and court are corrupted
Many head of department are corrupted
Education for majority is of low quality and bad syllabus

When rotten people got power, they will breed more rotten people
When majority is feed with low quality education.
will produce more low educated or no quality people
Crime rate will increase
corruption could not be avoid anymore

When u live among cacing,
either u become cacing or got eaten by cacing

U may not feel it now because it's like cancer
no pain, no sign, and no symptom
until late stage, suddenly explode or implode.

We can detect it if we screen for it,
If u willing to CT scan the Pariah country
u will detect all these cancer tissue has spread everywhere.

Actually, we are at stage where we already feel the consequences
We can see what is wrong, where is wrong,
and unfortunately we also know we cannot right the wrong no more.

Stage 4 - no cure,
but fortunately we can get away
by removing ourselves from this rotten place.

Times will be running out for those who live in denial.
Plan now, invest in Insas, Migrate tomorrow.

Mikecyc

31,383 posts

Posted by Mikecyc > 2022-04-19 12:17 | Report Abuse

User Id leno

First name

Last name

Gender Female

leno
5,892 posts
Posted by leno > 21 hours ago | Report Abuse
this is one pariah country ... no hope lor
everyone know .. only pariah dunno or pretend to dunno lor.

Form 1 i study at Seri Ampang boy school.
Famous for cina gangster, and melayu gangster.
Anyone still know this school ?
Opposite Hock Choon supermarket.


>>>

Haha leno in profile is F , but posted is a boy study in secondary school ..

Must be makan too many rambutan dan pisang after is resigned as Dogc ...so now is Famous for pariaa ah kua ke ... hahahaha

stockraider

29,876 posts

Posted by stockraider > 2022-04-19 13:32 | Report Abuse

Investment in insas...protect U mah!

Listen to Leno lah!

Mikecyc

31,383 posts

Posted by Mikecyc > 2022-04-19 13:46 | Report Abuse

Haha kon stock raider the sidaa from Netx is termakan pisang sama sama ke ... hahahaha

Mikecyc

31,383 posts

Posted by Mikecyc > 2022-04-19 13:50 | 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

Mikecyc

31,383 posts

Posted by Mikecyc > 2022-04-19 13:51 | Report Abuse

Mikecyc
29,223 posts
Posted by Mikecyc > 1 hour ago | Report Abuse

Haha why Insas is cash rich but still need to repeat 2015 RI fund raising on early 2021 to repay loans ...


Mikecyc
29,223 posts
Posted by Mikecyc > 1 hour ago | Report Abuse

Haha worst still is sold ard 5 % Inari shares at cheap cheap price 1.68 n 1.81 on 30/6/2021 n 3/7/2021 ... what a cash rich company ...


Mikecyc
29,223 posts
Posted by Mikecyc > 1 hour ago | Report Abuse

Haha seems is a lot of Bad debt ke ? on RM 622,818,000 receivable ???


Mikecyc
29,223 posts
Posted by Mikecyc > 1 hour ago | Report Abuse

Haha if look at Receivable RM 622.8 million n Payable RM 177.8 million .. such a Huge Profit is forseen to be collected , why did RI , PB n WC ? n sold 5 % Inari share at cheap cheap price ? so desperate ? What is MA subsidiary business profession ???

Mikecyc

31,383 posts

Posted by Mikecyc > 2022-04-19 14:10 | Report Abuse

Q1 ended Sept2020 :

Deposits with licensed banks
and financial institutions 470,652,000

Cash n bank balances 300,191,000

Share capital 873,700,000

Reserves 120,030,000

Retained earnings 832,177,000

Non current loans 20,011,000

Current loans 341,043,000

>>>

Q2 ended December 2021 :

Reserves 265,236,000

Retained earnings 1,029,381,000

Mikecyc

31,383 posts

Posted by Mikecyc > 2022-04-19 14:40 | Report Abuse

Haha Insas is sold ard 5 % Inari shares at 30/6/2021 n 3/7/2021 ... Inari signed China partnership on 18/10/2021 .... why ah major share holder is no news ke or is passive on these ????

Mikecyc

31,383 posts

Posted by Mikecyc > 2022-04-19 18:20 | Report Abuse

Inari

FY 2020 ended June 2020 :

Insas T. B : 3.77 %

Insas T.B pledged sec. acc : 3.67 % + 2.14 % + 1.53 % = 7.34 %



Insas Plaza Sdn Bhd : 0.61 %


Insas Plaza Sdn Bhd pledged sec. acc : 1.15 % + 0.84 % + 0.57 % = 2.56 %

Total = 14.28 %

Mikecyc

31,383 posts

Posted by Mikecyc > 2022-04-19 18:25 | Report Abuse

Haha Insas is holding 14.28 % Inari shares as at FY 20 ended June 2020 which 9.9 % is under Pledged Securities Account of 5 separate Finance Institutions ...

Mikecyc

31,383 posts

Posted by Mikecyc > 2022-04-19 18:28 | Report Abuse

Haha sslee what is the latest Insas holding Inari share % as u posted ?? and how many % is under Pledged Securities Account ???

Sslee

10,116 posts

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

From financial end 30th June 2021
% Effective equity interest in Inari:
2021: 16.3%
2020: 18.8 %
After PP of 10% and many ESSO dilution. As of 1st April 2022:

Changes in Sub. S-hldr's Int (Section 138 of CA 2016)
INARI AMERTRON BERHAD

Particulars of substantial Securities Holder
Name INSAS BERHAD
Address No. 47-5 The Boulevard
Mid Valley City
Lingkaran Syed Putra
Kuala Lumpur
59200 Wilayah Persekutuan
Malaysia.
Company No. 196101000026 (4081-M)
Nationality/Country of incorporation Malaysia
Descriptions (Class) Ordinary shares
Details of changes
No Date of change
No of securities
Type of Transaction Nature of Interest
1 31 Mar 2022
10,000,000
Disposed Indirect Interest
Name of registered holder Insas Technology Berhad
Address of registered holder No. 47-5, The Boulevard Mid Valley City Lingkaran Syed Putra 59200 Kuala Lumpur
Description of "Others" Type of Transaction
2 31 Mar 2022
10,000,000
Acquired Indirect Interest
Name of registered holder M & A Nominee (Asing) Sdn Bhd for Media Lang Limited
Address of registered holder No. 45-5, The Boulevard Mid Valley City Lingkaran Syed Putra 59200 Kuala Lumpur
Description of "Others" Type of Transaction

Circumstances by reason of which change has occurred Disposal and acquisition via Direct Business Transaction
Nature of interest Indirect Interest
Direct (units) 0
Direct (%) 0
Indirect/deemed interest (units) 536,808,575
Indirect/deemed interest (%) 14.487
Total no of securities after change 536,808,575
Date of notice 01 Apr 2022
Date notice received by Listed Issuer 01 Apr 2022


Remarks :
Indirect interest:-

(1) Insas Technology Berhad - 414,769,375
(2) Insas Plaza Sdn Bhd - 103,872,700 (No change)
(3) Media Lang Limited - 17,016,500
(4) Montego Assets Limited - 850,000 (No change)
(5) Montego (S) Pte Ltd - 300,000 (No change)

Insas Berhad is deemed interested by virtue of Section 8(4) of the Companies Act, 2016 held through subsidiaries.

Know how must profit will Insas report for q3 end 31th March 2022 just from this 10 million disposal from equity accounting Insas Tech to trading accounting of Media Lang?

TheContrarian

7,339 posts

Posted by TheContrarian > 2022-04-19 20:17 | Report Abuse

Hi Mr Sslee, how's Masteel doing? Have not monitored it since I cashed out about two years ago.

TheContrarian

7,339 posts

Posted by TheContrarian > 2022-04-19 20:41 | Report Abuse

Mr Sslee, I think you take profits on your plantation counters periodically. Hiapteck too many retailers bought because of KYY and most are stuck. Insas price has stabilized and currently consolidating, would be a good time to buy and hold until the uptrend. Mikecyc is actually accumulating Insas cheaply but he will of course deny it.

TheContrarian

7,339 posts

Posted by TheContrarian > 2022-04-19 20:42 | Report Abuse

Mr Sslee, I think you should*

Mikecyc

31,383 posts

Posted by Mikecyc > 2022-04-19 21:23 | Report Abuse

Haha Contrarian must be too hard working in konleno backyard .. until delusion ke ....

Mikecyc

31,383 posts

Posted by Mikecyc > 2022-04-19 21:24 | Report Abuse

Haha as posted here earlier .. OTB oredi posted Hiapteck is no longer his Miss Universe n reduced % of holding ...

Mikecyc

31,383 posts

Posted by Mikecyc > 2022-04-19 21:29 | Report Abuse

Haha KYY oredi posted to sell Steel stocks ... Hiapteck is the 1st .. then Prestar , Ays , etc ...

Mikecyc

31,383 posts

Posted by Mikecyc > 2022-04-19 21:30 | Report Abuse

Haha oredi posted earlier contrarian is one of the actors ... hahahaha

TheContrarian

7,339 posts

Posted by TheContrarian > 2022-04-19 21:32 | Report Abuse

Haha Mikecyc, tomorrow you buy more Insas supportlah.

Mikecyc

31,383 posts

Posted by Mikecyc > 2022-04-19 21:35 | Report Abuse

Haha yesterday news , analyst said for those long term investors should not invest at the moment ... just as my earlier posts reserved my 50 % capital waiting for KLSE shopping spree opportunity ....

Mikecyc

31,383 posts

Posted by Mikecyc > 2022-04-19 21:37 | Report Abuse

haha contra rian of coz is different ...

TheContrarian

7,339 posts

Posted by TheContrarian > 2022-04-19 21:44 | Report Abuse

Mikecyc, don't believe analyst. Now the time to buy Insas.

Mikecyc

31,383 posts

Posted by Mikecyc > 2022-04-19 21:55 | Report Abuse

Haha Esos volume is 12,500,000 is comparatively small :


INARI AMERTRON BERHAD (“THE COMPANY”)
- OFFER OF OPTIONS UNDER INARI EMPLOYEES’ SHARE OPTION SCHEME (“ESOS”)
Pursuant to Paragraph 9.19(51) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Company wishes to announce that it has offered options to eligible Directors/employees to subscribe for new ordinary shares in the Company under the ESOS on 20 May 2021.
The details of the offer are as follows :
Date of offer : 20 May 2021

Exercise price of options offered :RM 3.03
Number of options offered : 12,500,000

Closing market price of the Company’s shares on the date of offer : RM 3.02





Number of options offered to Directors : :
1. Y.A.M. Tengku Puteri Seri Kemala Tengku Hajjah Aishah Binti Almarhum Sultan Haji Ahmad Shah, DK(II), SIMP
2. Dato’ Sri Thong Kok Khee
3. Dato’ Dr Tan Seng Chuan
4. Dato’ Wong Gian Kui
5. Ho Phon Guan
6. Mai Mang Lee
7. Lau Kean Cheong
8. Oh Seong Lye
9. Foo Kok Siew

Vesting period of the options offered : The options shall be exercisable from the date of acceptance until the
expiry of ESOS .


This announcement is dated 20 May 2021.

86,400
432,000 432,000 432,000 432,000 432,000
1,152,000 72,000 72,000

Mikecyc

31,383 posts

Posted by Mikecyc > 2022-04-19 21:57 | Report Abuse

Haha since Last year 4th Q i had replied to kon mabel that i will reserved my 50 % capital ....

Mikecyc

31,383 posts

Posted by Mikecyc > 2022-04-19 21:59 | Report Abuse

Haha PP is 10 % with Volume 333 million ...

Mikecyc

31,383 posts

Posted by Mikecyc > 2022-04-19 22:10 | Report Abuse

Haha sslee know these 14.487 % Inari shares r in how many Pledge Securities Account ? I had calculated is 5 as per my post . Yours is with 3 more companies ... add 1 more Pledge Acc Finance Institutions = 1 + 5 = 6 ke ...

Mikecyc

31,383 posts

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

From The Star dated : 3-7-2021


Following the share disposal, Insas’ equity interest in Inari stands at 596.85 million shares or 18.37%. This has effectively slashed Thong’s indirect interest in Inari to 600.57 million shares or 18.48%.

Thong, who also serves as the non-executive director of Inari, owns a direct stake of 0.04% or 1.29 million shares in the company.

Mikecyc

31,383 posts

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 )

Mikecyc

31,383 posts

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

Haha Inari shares is Sold to pay Pledge Securities Account interest also ke ....

TheContrarian

7,339 posts

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.

Mikecyc

31,383 posts

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

Haha I do take High risk with Calculated Safe risk such as Zelan ( oredi cut win with mother MMC during privatisation news ) with cash cow IIUM project of 17 years concession included maintenance contract , balance 15 years .

Own home work , Own analysis , Own Decisions as only you know own risk level .


Posted by TheContrarian > 6 hours ago | 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.

Mikecyc

31,383 posts

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

Haha kon stock raider knew my cost , as i had posted during Zelan bet with Netx .

Mikecyc

31,383 posts

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

Haha kon sslleee want to show off to me saying bjland Gain 100 % . As posted earlier Zelan is Gain 200 % ...

Mikecyc

31,383 posts

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

Haha kon sslleee is Gain 100 % in Bjland but Kon stock raider is like mad dogc in Bjland n Bjcorp , even cursing ppl n ppl family ....

Mikecyc

31,383 posts

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

Haha konleno on IIUM must take Agama subject ... what is IIUM he does not know ? Just twisting n blowing ..

Sslee

10,116 posts

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.

Mikecyc

31,383 posts

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

Haha as expecting 10 years cyclical economic recession opportunity on 2018 , but is Pandemic opportunity on 2020 . With US March CPI reached 8.5 % ( Jan is 7.1 % ) n the War ... recession is expected in this year ...

Mikecyc

31,383 posts

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

Haha why invest in Insas for 5 years n Lost of Good Opportunity to make Gain of Higher % when recession n US increased interest rate ..

Mikecyc

31,383 posts

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


Posted by Mikecyc > 5 hours ago | Report Abuse

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

From July 2019 started to sell Inari share from Media Lang Ltd .. Under M&A ) : 66,016,500 - 17,016,500 = 49,000,000.


>>

Media Lang Ltd : FY20 : 0.79 % , 26,016,500 , in M&A . ( 66,016,500 ... 2.08 % FY19 )


3) Media Lang Limited - 17,016,500 as at 1/4/2022

Mikecyc

31,383 posts

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

From The Star article :


> The proposed rights issue raises questions on why Insas sees a need in cash call, considering that it has slightly over RM392mil in cash and cash equivalents, based on its latest financial results.( FY 20 ended June 2020 )

>> It is uncertain how much of the cash is tied to the stock broking operations.

Mikecyc

31,383 posts

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

Haha Media Lang Ltd is Under M&A .. keep selling Inari share ke ....

Mikecyc

31,383 posts

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

Haha konsslleee is back to jealous ke ... hahaha .. RM 200 K can be retired ke ? Why r u still working at 61 , u had more than 200k .. hahahaha

Mikecyc

31,383 posts

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

Haha during debate with con artist callvin ... i am oredi retired n asked calvin to retired as he did .. but back on March 2021 ...

Mikecyc

31,383 posts

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

Haha seems there r some answer on :

1) why repeat RI with PB n WC on 2021 same as on 2015 ?

2) Why sold Inari share n with Cheap price ?

Sslee

10,116 posts

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.

Sslee

10,116 posts

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.

Mikecyc

31,383 posts

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

Haha Insas Tech n Insas Plaza of Inari share r Pledge to 5 Finance Institution .. need to pay Interest also ke ....

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