INSAS BHD

KLSE (MYR): INSAS (3379)

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Last Price

1.02

Today's Change

-0.02 (1.92%)

Day's Change

1.01 - 1.06

Trading Volume

775,300


44 people like this.

44,367 comment(s). Last comment by TheContrarian 2 hours ago

Mikecyc

44,231 posts

Posted by Mikecyc > 2022-04-29 17:32 | Report Abuse

Haha some one talk kok a lot on Chinese tradition .. cny did not visit the momm whom is out from icu ...how about hari raya puasa ?? still cannot afford a air ticket ke ... hahahaha

Mikecyc

44,231 posts

Posted by Mikecyc > 2022-04-29 17:34 |

Post removed.Why?

stockraider

31,556 posts

Posted by stockraider > 2022-04-29 19:14 | Report Abuse

This mike talk like sooohaiiiii loh!

Sifu Sslee is a great filal son.....that he loves his family & parent very much loh!

Do not listen to useless mike bad mouthing a great sifu & human being like sslee loh!

Mike is a skunk bags type of person , very evil loh!

Mikecyc

44,231 posts

Posted by Mikecyc > 2022-04-30 06:00 |

Post removed.Why?

Mikecyc

44,231 posts

Posted by Mikecyc > 2022-04-30 06:02 |

Post removed.Why?

Mikecyc

44,231 posts

Posted by Mikecyc > 2022-04-30 06:06 | Report Abuse

Haha just a visit to momm whon out from icu since cny is also cannot afford .. no need talk kok much on chinese tradition .. n show off how rich u are but cannot afford the most simple thing in life ... ha chi ...

Sslee

4,670 posts

Posted by Sslee > 2022-04-30 07:15 | Report Abuse

I am now back to Malaysia and will be with my mum this afternoon. Just for inform.

Sslee

4,670 posts

Posted by Sslee > 2022-04-30 07:39 | Report Abuse

My niece just move to Equine Residence and have an open house today. My familly, brothers and sister family will join mum on the celebration.

Mikecyc

44,231 posts

Posted by Mikecyc > 2022-04-30 09:07 | Report Abuse

Haha Good sslee , do enjoy the precious time .

stockraider

31,556 posts

Posted by stockraider > 2022-04-30 14:23 | Report Abuse

Correctloh....!

Sifu Sslee...is a very kind & loving son mah!

MoneyMakers

7,481 posts

Posted by MoneyMakers > 2022-05-06 11:54 | Report Abuse

Surprised havent crash follow inari crash

Mybe waiting horrible QR 1st

i3lurker

13,606 posts

Posted by i3lurker > 2022-05-06 15:01 | Report Abuse

its 80.5 now?
no worries
sslee will buy it up to 1.20

MoneyMakers

7,481 posts

Posted by MoneyMakers > 2022-05-08 20:34 | Report Abuse

More likely down to 70sen

Mikecyc

44,231 posts

Posted by Mikecyc > 2022-05-09 16:28 | Report Abuse

Haha sudah bawah 80 sen ke ...

Mikecyc

44,231 posts

Posted by Mikecyc > 2022-05-09 16:30 | Report Abuse

Haha i3lurrker cannot afford good food ke ... ecoworld is dropping loh .. Guarantee cannot afford Good food loh ... hahaha

Sslee

4,670 posts

Posted by Sslee > 2022-05-09 17:10 | Report Abuse

I am still waiting for i3lurker to sell down Insas to 50 sen for me to top up again.

Mikecyc

44,231 posts

Posted by Mikecyc > 2022-05-09 20:33 |

Post removed.Why?

Mikecyc

44,231 posts

Posted by Mikecyc > 2022-05-09 20:48 |

Post removed.Why?

Mikecyc

44,231 posts

Posted by Mikecyc > 2022-05-09 20:52 | Report Abuse

Haha he is advertising in SD with the aka IDs from what what Cap to Axe hedge to Mars ke ....hahahaha

Mikecyc

44,231 posts

Posted by Mikecyc > 2022-05-09 20:57 | Report Abuse

Haha op is not aka IDs .. is a group of ppl from what what Cap ke ... :

psai3alerk , Huang74 , BobAxel ke ???

Mikecyc

44,231 posts

Posted by Mikecyc > 2022-05-09 21:07 | Report Abuse

Haha i found a empty Bottle Cap .. is Pepsi Cola ke or Coca Cola ke ....hahahahaha

i3lurker

13,606 posts

Posted by i3lurker > 2022-05-10 21:53 | Report Abuse

I do not have any ecoworld stock
it was a quickie inside the storeroom with sslee punya tealady

thats the problem with staying at TR
thats how TR residents talk.

Mikecyc

44,231 posts

Posted by Mikecyc > 2022-05-11 06:51 |

Post removed.Why?

Mikecyc

44,231 posts

Posted by Mikecyc > 2022-05-11 06:54 |

Post removed.Why?

Sslee

4,670 posts

Posted by Sslee > 2022-05-11 07:11 | Report Abuse

Good morning i3lurker,
Why so fast already forget the name of the tealady? She miss you so much.
By the way is her name:
Sarah
Luna
Grace
Josephine
Mary
Olivia
Jane or
Clara

i3lurker

13,606 posts

Posted by i3lurker > 2022-05-11 07:53 |

Post removed.Why?

Sslee

4,670 posts

Posted by Sslee > 2022-05-11 08:26 | Report Abuse

Hahahaha

i3lurker

13,606 posts

Posted by i3lurker > 2022-05-11 18:35 | Report Abuse

my fastest quickie with sslee punya tealady was just around 20 seconds in out and I dumped her off.

for ecoworld I had to keep it over the weekend to qualify for the warrants
and immediately I sold warrants for 30.5 sen to a good samaritan.
I did hint to "others" to sell, you no sell @ 30.5 sen problem belong you.

Those who sold off warrants at 30.5 sen you will be making good profits from the whole exercise,
provided always that you know how to use fingers and toes properly to count.

Sslee

4,670 posts

Posted by Sslee > 2022-05-11 19:17 | Report Abuse

Bought some Petronm today. The crack spread is now too tempting.
https://www.tradingview.com/symbols/NYMEX-D1N1%21/

i3lurker

13,606 posts

Posted by i3lurker > 2022-05-11 19:56 | Report Abuse

sslee
noted
thanks but no thanks
not keen on Petron

Mikecyc

44,231 posts

Posted by Mikecyc > 2022-05-12 07:18 |

Post removed.Why?

Mikecyc

44,231 posts

Posted by Mikecyc > 2022-05-12 07:20 |

Post removed.Why?

Mikecyc

44,231 posts

Posted by Mikecyc > 2022-05-12 07:23 | Report Abuse

Haha Insaf for value trap ....

Mikecyc

44,231 posts

Posted by Mikecyc > 2022-05-12 11:58 |

Post removed.Why?

stockraider

31,556 posts

Posted by stockraider > 2022-05-12 12:02 | Report Abuse

Remember if u invest in downstream petroleum like Hengyuan, Petron , petchem u only benefit from 1 time inventory gain mah!

U cannot benefit sustainably like cpo plantations, bcos u do not produce crude oil mah!

Lu tau boh ?

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2022-05-12 12:22 | Report Abuse

>>>>>
Posted by Sslee > 17 hours ago | Report Abuse

Bought some Petronm today. The crack spread is now too tempting.
https://www.tradingview.com/symbols/NYMEX-D1N1%21/
>>>>>>


Still trading based on "news". :-)

The whole market is on SALE!

Mikecyc

44,231 posts

Posted by Mikecyc > 2022-05-12 14:19 |

Post removed.Why?

Mikecyc

44,231 posts

Posted by Mikecyc > 2022-05-12 14:21 |

Post removed.Why?

Mikecyc

44,231 posts

Posted by Mikecyc > 2022-05-12 16:18 |

Post removed.Why?

Sslee

4,670 posts

Posted by Sslee > 2022-05-12 21:23 | Report Abuse

@3iii,
Are trading plantation stocks based of CPO spot price and FCPO price or Petronm based on crack spread spot and future are considered as based on news or based on facts?

And by the way today market is on SALE is because of facts or news/fear?

Sslee

4,670 posts

Posted by Sslee > 2022-05-12 21:39 | Report Abuse

One more thing, Insas at 0.78 sen is trading below it net cash. Is this facts or news?

Mikecyc

44,231 posts

Posted by Mikecyc > 2022-05-12 22:41 |

Post removed.Why?

Mikecyc

44,231 posts

Posted by Mikecyc > 2022-05-12 22:47 | 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

44,231 posts

Posted by Mikecyc > 2022-05-12 22:48 | 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

44,231 posts

Posted by Mikecyc > 2022-05-12 23:45 | 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

44,231 posts

Posted by Mikecyc > 2022-05-12 23:46 | 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

44,231 posts

Posted by Mikecyc > 2022-05-12 23:47 | 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

Mikecyc

44,231 posts

Posted by Mikecyc > 2022-05-12 23:50 | Report Abuse

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


The Difference of Receivable minus Payable is averagely ard RM 400 million for so many years ... Good business ke ...

Sslee

4,670 posts

Posted by Sslee > 2022-05-13 06:01 | Report Abuse

Trade receivables are mainly made up of outstanding share purchases by the stockbroking clients which are still within the Bursa Malaysia’s settlement period, margin debts granted to clients of the stockbroking unit, and the structured finance and loans granted to clients by Insas Credit & Leasing Sdn Bhd, a licensed moneylending company. The loans are performing and the securities provided by the clients are sufficient to cover the trade receivable.

Know how much interest charge by licensed moneyleading company and outstanding loans amount by Insas Credit & Leasing Sdn Bhd?

So 3iii what are facts and what are fake news?

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