Posted by yaphoikiong > 2022-08-25 19:54 | Report Abuse

Should be limit up, very good profit

Posted by Sslee > 2022-08-25 22:26 | Report Abuse

The dividend will be announced as usual during Nov Q1 result.

Posted by Yoong888 > 2022-08-26 09:47 | Report Abuse

What u do with a BILLION cash? Wht happens when company keep on ADDING value?

Posted by Sslee > 2022-08-26 10:26 | Report Abuse

Leno objection on giving better dividend or distribution of treasury shares because Leno hold a lot of Insas-WC.

So must keep the cash untill Insas-WC expired on 28/02/2026.

Posted by Yoong888 > 2022-08-26 10:30 | Report Abuse

Its like buying GOLD at 20% of its value !!!

Posted by Sslee > 2022-08-26 10:38 | Report Abuse

No worries by 28/02/2026, Insas will be RM 1.00 so that Leno can covert millions of WC at 90 cents and earn the 10 cents profit.

And Insas cash hoard will be over billion.

Posted by Sslee > 2022-08-26 10:46 | Report Abuse

Joke aside Insas management is a bit too prudent and conservative.
Any way they are looking for good business opportunities to invest in. If anyone have good business opportunities please contact Insas CEO for the business discussion. Insas is holding too much cash.

Posted by Sslee > 2022-08-26 15:37 | Report Abuse

Insas need to seek controlling shareholder Dato Sri Thong to table a MGO waiver resolution at AGM for shareholder approval before Insas can start SBB.

Note: Dato' Sri Thong and PAC currently hold 32.96% Insas share. Any SBB result in triggering the 33% threshold will required Dato Sri Thong to make a MGO offer for all Insas share he do not owned.

Posted by yaphoikiong > 2022-08-26 17:43 | Report Abuse

Okok, well explaination

Posted by stockraider > 2022-08-26 19:14 | Report Abuse

Sifu sslee,

Why u have such a low esteemed proposal to depend on share buy back for insas to move up the share price leh ?
Do not get kon mah! Even if shareholder grant Thong exemption of GO....Not necessary INSAS wil do buy back of its share loh!

Do not be manipulated & grant Thong a free ride on insas loh!

If insas is extremely undervalue....let it be mah!
Do u not see, this is an opportunity to slowly buy more insas, whenever it is undervalue & u have the money mah!

Also u need to take note...if insas is undervalue....Thong will lose more money than us mah! Bcos the warrant about 32% Thong is holding will eventually expire mah!

If Thong...wants to make very big money....he will need to buy more insas....evento the extent triggering the GO....to do otherwise like granting exemption for THONG....it will be continue- slow turtle suffering for all independent shareholder mah!.

Sifu sslee.....U should think strategically like General Raider loh!

Sslee

Insas need to seek controlling shareholder Dato Sri Thong to table a MGO waiver resolution at AGM for shareholder approval before Insas can start SBB.

Note: Dato' Sri Thong and PAC currently hold 32.96% Insas share. Any SBB result in triggering the 33% threshold will required Dato Sri Thong to make a MGO offer for all Insas share he do not owned.

Posted by Sslee > 2022-08-26 19:27 | Report Abuse

Lu Tau Boh,
The more Insas buy back the share for cancellation, the more will be the EPS and NTA.

This is called value addition for the company if you do SBB way below NTA as oppose to do SBB like Topglov for the boss ego and value destruction as the SBB is done way above NTA.

Posted by stockraider > 2022-08-26 19:34 | Report Abuse

Read carefully Sifu Sslee mah!

Lu tau boh ?

Do not get kon mah! Even if shareholder grant Thong exemption of GO....Not necessary INSAS wil do buy back of its share loh!

Do u not see, this is an opportunity to slowly buy more insas, whenever it is undervalue & u have the money mah ?!

Also u need to take note...if insas is undervalue....Thong will lose more money than us mah! Bcos the warrant about 32% Thong is holding will eventually expire mah!

If Thong...wants to make very big money....he will need to buy more insas....even to the extent triggering the GO....to do otherwise like granting exemption for THONG....it will be continue- slow turtle suffering for all independent shareholder like us mah!.

Sifu sslee.....U should think strategically like General Raider loh!

Posted by UncleFollower > 2022-08-29 13:54 | Report Abuse

The Star
Supermax



ocbc

beside insas, any more counter cash is higher than stock price ??

1 month ago

Posted by IronShirt > 2022-08-29 14:38 | Report Abuse

Try OskH. Right now there is a BET ( one bottle of Remy Martin Louis XIII---RM600,000 ) on OskH vs Insas
year-end Price

Posted by Sslee > 2022-08-29 14:44 | Report Abuse

https://klse.i3investor.com/web/blog/detail/undervaluedsupermax/2022-03-31-story-h1620564914-5_stocks_in_Bursa_with_Gold_standard_Balance_Sheet

Posted by Mikecyc > 2022-09-04 20:44 |

Post removed.Why?

Posted by Mikecyc > 2022-09-05 06:44 | Report Abuse

Refer to Q4 Report ended June 2022 :

1. PBT = 135, 615,000

2. Cash n Bank balances Year to Year is Reduced from 413,692,000 to 311,912,000.. ie ( 101,780,000 )

3. Loans n Borrowings is increased 25,157,000

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

Deposits with licensed banks and financial institutions: RM 602,424,000
Cash and bank balances: RM 311,912,000
Financial assets at fair value: RM 249,370,000

Posted by Mikecyc > 2022-09-05 08:16 | Report Abuse

Haha wah So Cash Rich … why need to repeated 5 years ago RI leh … 2 times RI got raise how much Fun ? Fund ?

Posted by Sslee > 2022-09-05 09:35 | Report Abuse

Deposits with licensed banks and financial institutions: RM 602,424,000 from RM 489,106,000...ie increase of RM 113,318,000

So CYC question why Insas transfer excess money from current account to FD? And he suggest should transfer from FD to current account

The RI is for Dato' Sri Thong to hold the warrants to safeguard his controlling shareholder status from any hostile take over by third party.

Posted by Yu_and_Mee > 2022-09-05 11:15 | Report Abuse

insas is never be a right choice of mine.
if wanted to buy insas because of it has many good controlled companies, then direct buy those controlled companies. The return always much better than insas.

Posted by Mikecyc > 2022-09-05 13:25 | Report Abuse

Haha Analyst is questioning how much Cash is tight Up with Securities business … why need to did RI again n again ???

Posted by $$ BUYSELL $$ > 2022-09-19 01:30 | Report Abuse

downtrend also.

Posted by Mikecyc > 2022-10-01 22:15 | Report Abuse

Haha what happened to the back door listing ?? Postpone ke ?? Syf postpone again ke ….

Posted by Mikecyc > 2022-10-03 07:47 | Report Abuse

Haha no worries lah .. just Insaf value trap for another 5 years …. Cheers …

Posted by Cuncun7 > 2022-10-04 21:24 | Report Abuse

Ini konraider janji rm3-5 uncles n aunties looking for him with rotten eggs.

Posted by TheContrarian > 2022-10-04 22:25 | Report Abuse

Bought Insas at 76 sen today.

Posted by Michael Kwok > 2022-10-05 00:17 | Report Abuse

Sell on strength 76 or above
Tp 50 cents range.
5/10/2022 12.17am

Posted by TheContrarian > 2022-10-05 20:34 | Report Abuse

50 cents when?

Posted by Mikecyc > 2022-10-13 19:52 | Report Abuse

Haha those did not sell at 1.20 … Shl be Insaf value Trap for 5 years ke ……

Posted by ocbc > 2022-10-14 13:33 | Report Abuse

Leno missing already......

Posted by Mikecyc > 2022-10-17 19:21 | Report Abuse

财经新闻
需求疲软·估值受压 半导体股评级下修
2022年10月12日

据了解，全球半导体销售增长在8月时达到转折点，结束连续30个月的增长。

Posted by Mikecyc > 2022-10-17 19:22 | Report Abuse

https://www.enanyang.my/node/504317

Posted by Mikecyc > 2022-10-17 19:33 | Report Abuse

Haha will these latest developments Shl affect Inari joint venture with the China partner ??

Posted by Mikecyc > 2022-10-17 19:34 | Report Abuse

Haha no worries.. just a Insaf value trap for 5 years ke …..

Posted by UlarSawa > 2022-10-18 16:50 | Report Abuse

Insas Cantik. Long time takda heard it leh. Must shout more often baru saham can go up leh. Haiyoh. Correct?

Posted by Mikecyc > 2022-10-23 11:28 |

Post removed.Why?

Posted by curiousq > 2022-10-25 06:14 | Report Abuse

Drangonslayer, Buah Ciku, Ularsawa..... are same person with different id? all counters bot were money losing .... slayed by market?

Posted by ocbc > 2022-10-25 15:43 | Report Abuse

Leno not more "cantik" talk....

Posted by Mikecyc > 2022-10-28 08:39 |

Post removed.Why?

Posted by Mikecyc > 2022-10-28 08:41 | Report Abuse

Haha is Inari going to be 52w Low ??? Just a value Trap for 5 Year to be Insaf ….

Posted by Mikecyc > 2022-11-01 10:51 | Report Abuse

Haha Inari Just bad Timing invest in China …

Posted by Sslee > 2022-11-07 08:49 | Report Abuse

Looking forward to Insas 60th AGM.

Annual report page: 9
OVERVIEW OF THE GROUP BUSINESSES:
As a public listed corporation, the Group’s long-term business objectives are to generate sustainable earnings supported by positive cash flows, maintain a positive and healthy financial position for future growth and capital appreciation and endeavor to pay a stable dividend yield to our shareholders.

Inass has grown its NTA to RM 3.31 and net cash position of RM 504,527,000. Last year the dividend is 2.5 cents equal to 7% of EPS or 29% dividend received:

Question 1: My congratulations to BOD and management for a job well done in generating sustainable earnings supported by positive cash flows, maintaining a positive and healthy financial position for future growth and capital appreciation. May I know how the BOD is going to generate share price appreciation and endeavor to pay a stable dividend yield to our shareholders?

Question 2: Is last year's dividend of 2.5 cents equal to 7% of EPS or 29% dividend received by INSAS a fair and equitable profit distribution to shareholders? Will BOD declare a better dividend during the Q1 FYR2023 result announcement?

Refer:
2021 AGM minutes: The Board will evaluate and consider the merit and demerit of the Share Dividend as suggested by shareholders
2017 AGM minutes: The Board of Directors has taken note on the comment from the shareholders and will consider distribution of treasury shares if it’s deemed appropriate

Question 3: 5 years have passed since The BOD promised to consider distribution of treasury shares if it’s deemed appropriate. May I ask again had The Boars made a decision to distribute treasury shares to shareholders

Posted by Philip ( buy what you understand) > 2022-11-07 09:17 | Report Abuse

is there anything of material change to look forward to in insas business moving forward? or are they doing the same exact thing as the last 7 years?

Posted by Sslee > 2022-11-07 12:24 | Report Abuse

Dividend income: RM 62,339,000
(mostly from Inari and
Quoted securities, at market value
- in Malaysia RM 69,212,000
- outside Malaysia RM 180,158,000

M&A recorded a slightly lower pre-tax profit of RM22.8 million in FY 2022 as compared to RM24.8 million in FY 2021, mainly due to higher placement fee income from the corporate advisory division offset against the lower brokerage income.

ICL reported higher revenue of RM30.9 million and pre-tax profit of RM22.3 million in FY 2022 (FY 2021: revenue of RM25.5 million and pre-tax profit of RM17.6 million) from its structured finance business due to a higher loan portfolio of RM306 million as at 30 June 2022 as compared to RM230 million in FY 2021.

With net cash of RM 504,527,000 it is up to BOD and management to decide what business to invest in moving forward:.

Our technology businesses cover project and trading activities, as well as investments into a range of companies from startups to listed companies. For startup companies, we look for high returns for our investments while accepting the usual risks of startups – that the disruptive ideas, the technology, the ability and drive of promoters or the timing of the market may not work out. Each startup typically has its own specific risk and success profile.

Posted by Philip ( buy what you understand) > 2022-11-07 18:41 | Report Abuse

I hope it goes well for you. Just remember the story of 华西新市村

Where every villager is a millionaire and everyone is rich, until you need to take out money to buy things. Then you realize you cannot force the management to pay everyone, and the maximum you can take out is 10% every year

Posted by TheContrarian > 2022-11-24 20:46 | Report Abuse

Insas declares interim dividend of 2.5 sen.

Posted by stockraider > 2022-11-25 10:44 | Report Abuse

Lu tau boh ??

Those who stick consistently with Insas will be very well rewarded given time mah.
Just have some patience loh!

They is a big margin of safety & reasonable div u will get while u wait loh!

Posted by IronShirt > 2022-12-03 16:57 | Report Abuse

Not much Hope Insas can beat OskH on 31Dec

Posted by Philip ( buy what you understand) > 2022-12-04 07:47 | Report Abuse

People keep asking me if inari is a good company why don't we buy insas instead for the low share price and huge share of inari.
My answer is simple:
1. When will insas dispose of all inari shares and distribute to shareholders? Never.
2. If you buy inari, you get all the rewards of growth and dividends. If you buy insas for inari, you get nothing. Insas decides what to do with the proceeds of share sales and dividends and you will definitely not like what they are investing in. Vigcash, roset, melium, dome coffee to name a few huge waste of money.
3. What does binapuri and insas have in common? They have property development arm that have many "subsidiaries" that funnel money away from the listed company pockets into director hands privately under the guise of expenses.
3. Extremely Low PE is not a good sign of a company return. It is a sign of LOW expectations that the company will give a good return yearly. Insas has been giving low returns for years now. Both in shareholder returns as well as company performance.
>>>>>
stockraider

Lu tau boh ??

Those who stick consistently with Insas will be very well rewarded given time mah.
Just have some patience loh!

They is a big margin of safety & reasonable div u will get while u wait loh!

1 week ago