Posted by Mikecyc > 2022-04-25 06:03 |

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Posted by Mikecyc > 2022-04-25 06:06 | Report Abuse

Haha a Insaf value trap ...

Posted by Sslee > 2022-04-25 06:09 | Report Abuse

I sometime feel no point in talking to people like CYC and etc.

They were born rich, never hold a meaningful job, never go thro' life hardship, educated but not well schooled hence lack moral compass, social, communication, compassionate and listening skill.

They cannot understand the true well meaning when people spoke: in jest, in sarcasm, in contradiction, in criticism, in between the lines and etc.

Hence they keep repeating their own fake, false, misinformation and their own delusional make beleive falsehood world/viewpoint.

Posted by Mikecyc > 2022-04-25 07:27 |

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Posted by Mikecyc > 2022-04-25 07:29 |

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Posted by Mikecyc > 2022-04-25 09:21 | Report Abuse

Haha no wander insas boss cannot give sweet lah ...

Posted by Mikecyc > 2022-04-25 09:26 | Report Abuse

Haha just some thinking :

1) RM 400 million to be bad debt ?

2) how much is owe to the Pledge securities account for Inari share n each year interest rate ?

3) MA backdoor listing expenses ?

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

Posted by stockraider > 2022-04-25 12:59 | Report Abuse

This fellow talk like soouuhaiiiiiiiiiiiiii loh!

Rm 400m where got bad debts leh ?? Insas has a very good track record of collecting debts, u can check back the past 20 yrs mah! Very well manage loh!

2. Very silly comment on pledge account loh...! Yes the share is pledge to the bank....that does not mean all the loan is drawdown mah! Very likely most of it not utilised based on the fact that Insas has more than Rm 1.00 net cash per share mah!

3. M&A back door listing.....good for Insas mah....it monetized insas investment banking & stockbroking business loh!

Lu tau boh ?

Posted by leno > 2022-04-25 13:33 | Report Abuse

in the whole world
there is only ONE pariah country
that have different weekend days.

Some use Saturday and Sunday
Some use Friday and Saturday
and some use Friday-Saturday for public,
Saturday-Sunday for private.

Apa lanciau is this ?
U don't find these is BODO ?
when u live too long in Pariah country
either u accept this as norm,
or your brain have become numb

Because even if u say something about it
then what ?
Nothing will change right ?
Be grateful because it could be worst
who knows KL suddenly decide
Tuesday and Thursday are weekend instead.

BOH CHOW CCCCCCCCCCC AAAAAAAAAAAAAAA !!

Posted by Mikecyc > 2022-04-25 14:27 |

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Posted by Mikecyc > 2022-04-25 14:39 |

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Posted by Mikecyc > 2022-04-25 14:40 | Report Abuse

Haha lets see Bplant can break recent high RM 1.22 ....

Posted by Mikecyc > 2022-04-25 14:45 |

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Posted by Mikecyc > 2022-04-26 07:36 |

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Posted by Mikecyc > 2022-04-26 07:42 |

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Posted by i3lurker > 2022-04-26 21:49 | Report Abuse

sslee
I must remind you that there is internet in Tanjung Rambutan happy dormitories.

Sslee

I sometime feel no point in talking to people like CYC and etc.

They were born rich, never hold a meaningful job, never go thro' life hardship, educated but not well schooled hence lack moral compass, social, communication, compassionate and listening skill.

They cannot understand the true well meaning when people spoke: in jest, in sarcasm, in contradiction, in criticism, in between the lines and etc.

Hence they keep repeating their own fake, false, misinformation and their own delusional make beleive falsehood world/viewpoint.

1 day ago

Posted by i3lurker > 2022-04-27 06:44 | Report Abuse

Inari is may touch 1.50 like I mentioned way back.

Globetronics dropped from 3.1 (MCO rally) to 1.50
so Inari is expected to trace a similar drop

so the value trap punya value is expected to be halved
of course the plus point is that you are trapped for half the value only, thats good, no?

:)

Posted by Sslee > 2022-04-27 08:02 | Report Abuse

Even Inari may touch RM 1.50. How much Inari still worth to Insas?

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)

Posted by leno > 2022-04-27 09:00 | Report Abuse

Insas net cash is RM 1.40
If Inari drop to zero
Insas net cash still remain at RM 1.40

HAHAHAHAHAHAHHAH

Posted by Up_again > 2022-04-27 14:03 | Report Abuse

Which Monday is it again?

Posted by leno > 2022-04-27 14:53 | Report Abuse

next monday lar Bodo

Posted by Mikecyc > 2022-04-27 14:54 |

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Posted by Mikecyc > 2022-04-27 14:55 | Report Abuse

Haha a Insaf value trap for 5 year ?? 6 year ????

Posted by Mikecyc > 2022-04-27 15:02 |

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Posted by Mikecyc > 2022-04-27 15:05 |

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Posted by Mikecyc > 2022-04-27 15:07 | 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 .

Posted by Mikecyc > 2022-04-27 15:08 | Report Abuse

Haha so cash rich company keep selling Inari share cheap cheap since July 2019 ....

Posted by Mikecyc > 2022-04-27 15:09 | Report Abuse

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 %

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

Posted by Mikecyc > 2022-04-27 15:11 | Report Abuse

Haha more than 70 % of Inari share is Pledge under 5 Finance Institutions where under M&A is keep selling ...

Posted by Mikecyc > 2022-04-27 15:12 | 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 > 2022-04-27 15:13 | 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 ???

Posted by Mikecyc > 2022-04-27 15:14 | Report Abuse

FY21 Q3 ended March 2021 :

Trade Receivables = RM 570,011,000

Trade Payables = RM 124,001,000

——

FY21 Q4 ended June 2021 :

Trade Receivables = RM 443,417,000

Trade Payables = RM 55,982,000

———

FY22 Q1 ended Sept 2021 :

Trade Receivables = RM 451,399,000

Trade Payables = RM 55,420,000


———-

FY22 Q2 ended Dec 2021 :

Trade Receivables = RM 530,183,000

Trade Payables = RM 93,662,000

Posted by Mikecyc > 2022-04-27 15:17 | Report Abuse

Haha Traced until 2015 ... Trade Receivables Minus Trade Payables is ard RM 400 million ... so Good business n so Good profit ? cannot be collected ?? later be bad debt or impairment ke ....

Posted by Mikecyc > 2022-04-27 15:22 |

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Posted by Mikecyc > 2022-04-27 15:24 |

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Posted by Mikecyc > 2022-04-27 15:27 | Report Abuse

Haha pity loh some one momm is crying looking forward for her sun visit since cny ...

Posted by Mikecyc > 2022-04-28 08:05 |

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Posted by Mikecyc > 2022-04-28 12:45 | Report Abuse

Haha 52 week Low is 0.75 .... is getting nearer loh ....

Posted by Mikecyc > 2022-04-28 15:33 | Report Abuse

Haha swing swing swing to below 0.80 ke ....

Posted by leno > 2022-04-28 17:03 | Report Abuse

https://www.youtube.com/watch?v=mDnxNsEqats&ab_channel=TheStar

yup this is year 2022 and yet pupil go to school using flying tong air.
When i criticize this pariah country, got one CHOW KOW engineer hiding in sabah say i am not grateful.

BOH CHOW CCCCCCCCCCCCC AAAAAAAAAAAAAAAAAAAAAA !!

Posted by Mikecyc > 2022-04-28 21:50 | Report Abuse

Haha stray kucing kurap still cannot afford to migrate to Australia ke ... being promoted Insas with TP 2 .. TP3 since 2017 ....

Posted by Mikecyc > 2022-04-28 21:51 |

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Posted by Mikecyc > 2022-04-29 11:33 |

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Posted by Mikecyc > 2022-04-29 11:34 |

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Posted by Mikecyc > 2022-04-29 11:37 | Report Abuse

Haha can afford to buy a air ticket to fly back to home town to visit yr momm ? since cny loh she is crying looking forward yr visit ... pity loh as u said she is out from icu ...

Posted by Mikecyc > 2022-04-29 11:39 |

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Posted by Mikecyc > 2022-04-29 11:46 |

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Posted by Mikecyc > 2022-04-29 11:48 | Report Abuse

Haha ppl saying TG will bankrupt is out from Tanjung Rambutan ke ... hahahahaha

Posted by Mikecyc > 2022-04-29 12:40 | Report Abuse

Haha what will happen to Inari n QL ???


https://www.enanyang.my/node/473530

Posted by Mikecyc > 2022-04-29 12:55 | Report Abuse

Haha the one said Guarantee on ecoworld .. bought at 99 sen with TP 1.06 ke ( same as analyst but analyst said cut Loss at 0.90 ) .. cannot cari makan afford good food ke ... cari makan dekat lorong haji taib loh jadi i3licker loh ... hahahahaha