INSAS BHD

KLSE (MYR): INSAS (3379)

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Last Price

1.00

Today's Change

+0.015 (1.52%)

Day's Change

1.00 - 1.05

Trading Volume

2,666,100


44 people like this.

45,957 comment(s). Last comment by TheContrarian 14 hours ago

gweilo

1,086 posts

Posted by gweilo > 2013-11-07 12:20 | Report Abuse

insas big swollen cash cow full of cream and honey

sephiroth

14,139 posts

Posted by sephiroth > 2013-11-07 12:25 | Report Abuse

going strong at 0.845, tomorrow 0.90??

qwer1234

177 posts

Posted by qwer1234 > 2013-11-07 12:34 | Report Abuse

missing the golden opportunity to enter tis morning...........

yong

444 posts

Posted by yong > 2013-11-07 12:34 | Report Abuse

sephiroth:can dun wan wait until 2molo ma???2day b4 5pm k??heheh...

Kumantong

66 posts

Posted by Kumantong > 2013-11-07 12:35 | Report Abuse

Tomorrow too late maybe hari ini lah....

gweilo

1,086 posts

Posted by gweilo > 2013-11-07 12:38 | Report Abuse

he who hesitates is lost

gweilo

1,086 posts

Posted by gweilo > 2013-11-07 13:05 | Report Abuse

http://www.stocks-unleashed.com/

林俊松

6,926 posts

Posted by 林俊松 > 2013-11-07 13:54 | Report Abuse

sephiroth, insas or TA counter better? Since both same industry...

yong

444 posts

Posted by yong > 2013-11-07 14:32 | Report Abuse

2DAY BREAK 0.900....GOGOGO....

sephiroth

14,139 posts

Posted by sephiroth > 2013-11-07 14:51 | Report Abuse

weaken a bit, i think leave some gain for tomorrow

Kumantong

66 posts

Posted by Kumantong > 2013-11-07 16:34 | Report Abuse

Battery liao lol...why ...hope 2moro got power...

gweilo

1,086 posts

Posted by gweilo > 2013-11-07 16:52 | Report Abuse

sometime strong buyer back away to shake off the leeches n let the bid weaken to pick more shares up on the cheap. new high again tomolo though.

FreeThink

4,039 posts

Posted by FreeThink > 2013-11-07 17:04 | Report Abuse

Finally landed above 0.8 and this will be the strong support level

slts

2,234 posts

Posted by slts > 2013-11-07 17:15 | Report Abuse

game over...weak closing
need plenty of rest 1st
moving to inari next

tlslaj

4 posts

Posted by tlslaj > 2013-11-08 09:31 | Report Abuse

today will be another day continue going up??

Kumantong

66 posts

Posted by Kumantong > 2013-11-08 10:22 | Report Abuse

Battery fully charged...moving again..

kenrixx

179 posts

Posted by kenrixx > 2013-11-08 10:25 | Report Abuse

http://www.thestar.com.my/Business/Business-News/2013/11/08/Research-house-sees-steady-uptrend-in-2014.aspx

With the lack of domestic catalysts ever since Budget 2014 was announced on Oct 25, investors would do well to look at smaller companies which were more “exciting and have newsflows,” noted an analyst.

In the same vein, one source pointed out a company that had been under the radar of investors lately – Insas Bhd.

Amid talk that the company was a potential takeover target of its major shareholder, Datuk Thong Kok Khee, the stock had been climbing in recent days to close at 80.5 sen yesterday, up two sen.

Insas, which runs a variety of businesses including stockbroking, property and technology, and has a market capitalisation of some RM530mil, has close to RM230mil in cash.

gweilo

1,086 posts

Posted by gweilo > 2013-11-08 10:28 | Report Abuse

new high today

FreeThink

4,039 posts

Posted by FreeThink > 2013-11-08 10:29 | Report Abuse

Another bull run for insas, today tp 0.9

sephiroth

14,139 posts

Posted by sephiroth > 2013-11-08 11:52 | Report Abuse

after big boys makan TA , next they will makan the smallest brokerage...Insas's M&A Securities

Posted by Learningchia > 2013-11-08 11:59 | Report Abuse

Tp 0.90? Sure bo? Hahahh

sephiroth

14,139 posts

Posted by sephiroth > 2013-11-08 16:49 | Report Abuse

cool man, closing 0.845 is great

connie9170

37,452 posts

Posted by connie9170 > 2013-11-08 20:21 | Report Abuse

sephiroth, your TP is 1.00 ??

sephiroth

14,139 posts

Posted by sephiroth > 2013-11-08 21:17 | Report Abuse

connie, 1.00 i'll sell 50,000 shares, 1.10 sell the remaining 50,000 shares

gweilo

1,086 posts

Posted by gweilo > 2013-11-08 22:55 | Report Abuse

taitai will keep her 212160 shares until she is forced to sell or price exceeds 2.00 and maybe not even then. this counter is SERIOUSLY undervalued.

docasa

29 posts

Posted by docasa > 2013-11-09 08:51 | Report Abuse

is the TA forming double top?

happ12

852 posts

Posted by happ12 > 2013-11-09 10:11 | Report Abuse

buy when ppl fear, sell when ppl greed

gohhs

8 posts

Posted by gohhs > 2013-11-09 11:06 | Report Abuse

bro happ12 what is ppl ?

coolio

620 posts

Posted by coolio > 2013-11-09 11:17 | Report Abuse

agree with gweilo, this counter is really undervalue. no worry for long term investment.

sephiroth

14,139 posts

Posted by sephiroth > 2013-11-09 13:24 | Report Abuse

inari already went up 300% from 0.3x to 1.3x, hohup up more than 100% from 0.8X to 1.8X, insas holding both counters but went up so little, due to strong DJIA close, mon at least close 0.88-0.90, fri 1.00

connie9170

37,452 posts

Posted by connie9170 > 2013-11-09 14:26 | Report Abuse

thanks sephiroth. am very happy with TP 1.00 coz my cost is less than 0.60. good luck to us :)

yungshen1

2,134 posts

Posted by yungshen1 > 2013-11-09 15:55 | Report Abuse

well done for insas shareholder.but at 0.400 and sell at 0.830

slts

2,234 posts

Posted by slts > 2013-11-09 16:00 | Report Abuse

last qtr loss 7m
where got undervalue
more like overvalue
the music can stop anytime

sephiroth

14,139 posts

Posted by sephiroth > 2013-11-09 16:49 | Report Abuse

slts, 1 quarter result doesn't mean anything. see the full picture here

1Q13 Net profit RM30.3m
2Q13 Net profit RM30.42m
3Q13 Net profit RM8.879m
4Q13 Net loss RM7.577m

Full year profit RM62m

gweilo

1,086 posts

Posted by gweilo > 2013-11-09 16:53 | Report Abuse

yeah company wanted to buy back shares big time n what better way than to fiddle the numbers to get people like yungshen1 to sell on the cheap thinking things are bad.

slts

2,234 posts

Posted by slts > 2013-11-09 18:24 | Report Abuse

30m profit drop to 8m than to 7m losses
i will be concern on next qtr result..maybe even bigger
losses

kcchongnz

6,684 posts

Posted by kcchongnz > 2013-11-09 18:30 | Report Abuse

slts, you may have looked from the wrong angle on Insas.

The value of Insas lies on its quality net asset per share which is much higher than its share price. Besides it is making profit from its business every year and generally with positive cash flow and free cash flow, meaning the cash is not likely to burn away.

coolio

620 posts

Posted by coolio > 2013-11-09 20:40 | Report Abuse

looking to accumulate more on Insas!

connie9170

37,452 posts

Posted by connie9170 > 2013-11-09 20:47 | Report Abuse

good to see you here kcchongnz. i read your posts which are very informative but u have over 3k posts...have to really catch up !! your willingness to share knowledge is truly commendable :)

sephiroth

14,139 posts

Posted by sephiroth > 2013-11-09 21:15 | Report Abuse

slts, if u are concern about this and that better don't take risk and grab 0.5% saving interest...always thinking so negative...7m losses ...then become 7 billion losses than pn 17...u can keep on thinking like this

林俊松

6,926 posts

Posted by 林俊松 > 2013-11-09 22:51 | Report Abuse

sephiroth or kcchongnz, kindly advise me on US fed tapering or QE.
Will it affect our KLSE? Since our index above 1800, new high.
Will market crush & stocks fall bcos of US QE?

tsurukame

778 posts

Posted by tsurukame > 2013-11-09 23:55 | Report Abuse

Sorry I do not understand Mandarin and as such do not know your name. However I will try to give you my take on what I see is happening currently...

The most recent economic info is that the money supply in US has increased but the velocity of money in circulation is on decreasing trend. As velocity of money in circulation decreases ...the risk of deflation is higher and Central Bankers in USA & in the major economies are terribly scared of Global deflation and will do whatever it takes to stave off deflation and the QE programmes were launched to stave off deflation. Without the QE programmes, the world would have already succumbed to global deflation long time ago...global stock markets would have crashed....many companies will go belly up...everyone will feel very poor suddenly...

These major central bankers are Keynesians and will act to keep interest rate to as low level as possible going forward although there maybe talks on possible FED tapering by certain FED committee members in the future due to the recent spike in latest employment figures.... but then again one swallow does not make a summer...the FED will rely on a host of information before deciding on the next step forward...and you are absolutely right in concluding that the immediate effect of FED tapering will lead to higher interest rates and possibly more outflow of funds back to USA unless of course the emerging markets increase domestic interest rates to incentivize and delay the outflow of foreign funds..

However higher interest rate on US Bonds may not be desired by the US right now ...and the central bankers main goal currently is to keep interest rates to a low level and for a long time...

For your info Janet Yellen, the incoming FED chief , has even broached the subject of Negative Interest rate on Cash deposits with US Banks ...just imagine where will the cash go to if this materialize when she becomes FED chief??

In the event of eventual FED tapering, the FED hopes that the spike in interest rate will be nominal...very minuscule amount...the unintended consequence of this FED tapering is the market may possibly desire much higher interest rate relative to the level which was desired by the FED...If that scenario happens the FED will launch QE unlimited to bring down the interest rate to the desired low level as the FED has the absolute power to do so...

林俊松

6,926 posts

Posted by 林俊松 > 2013-11-10 00:14 | Report Abuse

tsurukame, thanks for the infor. =)

TomJerry

1,286 posts

Posted by TomJerry > 2013-11-10 00:28 | Report Abuse

Yes . Te world market will coming soon crashed . So , budgeted another 3 to 4 months to play around .

TomJerry

1,286 posts

Posted by TomJerry > 2013-11-10 00:31 | Report Abuse

# Tsuru ..... at that timing , suppose to keep China or US currency ! Pls advise .

tsurukame

778 posts

Posted by tsurukame > 2013-11-10 00:42 | Report Abuse

There is a strong possibility that Chinese Renminbi may play a supporting role as a reserve currency in the future...the Chinese economy is now the second biggest economy in the world and the recent slowdown in China was supposedly engineered by the Chinese government...going forward the Chinese economy will grow at a much rapid rate relative to USA...If the renminbi somehow does play a supporting role as a reserve currency, the renminbi will appreciate relative to USD but I do not see that in the immediate future say in the next 3 to 4 months. Having said that ..on a long term basis..one may want to invest in the renminbi as it will appreciate significantly against the USD as China is a creditor nation whereas the USA is the biggest debtor nation...

TomJerry

1,286 posts

Posted by TomJerry > 2013-11-10 01:11 | Report Abuse

So , when QE withdraw . Te US dollars will high time up .

ktrader

1,887 posts

Posted by ktrader > 2013-11-10 07:30 | Report Abuse

so.....better accumulate USD big time now rather than stock?

tsurukame

778 posts

Posted by tsurukame > 2013-11-10 07:33 | Report Abuse

The USA is the biggest debtor nation in this world and owes trillions of USD to China, Japan, Taiwan, S Korea etc... and still people want to buy USD!!! That is really amazing...

ktrader

1,887 posts

Posted by ktrader > 2013-11-10 08:11 | Report Abuse

beyond logic ..right?

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