INSAS BHD

KLSE (MYR): INSAS (3379)

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Last Price

1.01

Today's Change

0.00 (0.00%)

Day's Change

1.00 - 1.02

Trading Volume

490,100


44 people like this.

45,795 comment(s). Last comment by Tatooine 2 days ago

Johnchew5

11,307 posts

Posted by Johnchew5 > 2023-09-15 23:21 |

Post removed.Why?

Johnchew5

11,307 posts

Posted by Johnchew5 > 2023-09-15 23:22 |

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Johnchew5

11,307 posts

Posted by Johnchew5 > 2023-09-15 23:23 |

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qqq47660

8,894 posts

Posted by qqq47660 > 2023-09-15 23:49 | Report Abuse

https://finance.yahoo.com/news/china-economy-shows-more-signs-054446676.html

(Bloomberg) -- China’s economy picked up steam in August as a summer travel boom and a heftier stimulus push boosted consumer spending and factory output, addi...


Mana Ada China collapse?

Johnchew5

11,307 posts

Posted by Johnchew5 > 2023-09-16 07:01 |

Post removed.Why?

Johnchew5

11,307 posts

Posted by Johnchew5 > 2023-09-16 07:05 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-09-16 07:47 |

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Johnchew5

11,307 posts

Posted by Johnchew5 > 2023-09-16 09:31 |

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Johnchew5

11,307 posts

Posted by Johnchew5 > 2023-09-16 09:32 |

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UlarSawa

35,552 posts

Posted by UlarSawa > 2023-09-16 10:45 |

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UlarSawa

35,552 posts

Posted by UlarSawa > 2023-09-16 11:01 |

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UlarSawa

35,552 posts

Posted by UlarSawa > 2023-09-16 11:07 |

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UlarSawa

35,552 posts

Posted by UlarSawa > 2023-09-16 11:08 |

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UlarSawa

35,552 posts

Posted by UlarSawa > 2023-09-16 11:08 |

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UlarSawa

35,552 posts

Posted by UlarSawa > 2023-09-16 11:10 | Report Abuse

(Reuters) -- Chinese state-backed property developer Sino-Ocean Group Holding said on Friday it was halting repayments for all offshore debt until a restructuring is implemented and suspended trading of its U.S. dollar securities in Hong Kong.

The Beijing-based developer said it expected liquidity challenges to persist in the short-to-medium term and it believes a "holistic restructuring" of its offshore debt is the best way forward.

"The group will continue to proactively negotiate with the relevant stakeholders of the group, including banks, noteholders and financial institutions, to extend the maturity of and/or restructure the relevant offshore debts," it said in a filing to the Hong Kong bourse.

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-09-16 11:13 |

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UlarSawa

35,552 posts

Posted by UlarSawa > 2023-09-16 11:17 |

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qqq47660

8,894 posts

Posted by qqq47660 > 2023-09-16 12:09 | Report Abuse

There is no China collapse. There is China modernisation with mate 60 as important milestone. And China will get 5% Gdp growth 2023 which is very good as all G7 in Sithole

qqq47660

8,894 posts

Posted by qqq47660 > 2023-09-16 12:16 | Report Abuse

Houses for living not for speculations. .Papa Xi says many years ago. People who make mistakes will lose money. There will be no bail out of developers or foreign investors.

Isnt it clear enough? Anyway softening of house prices is what the CCP wants under the common prosperity program

qqq47660

8,894 posts

Posted by qqq47660 > 2023-09-16 12:18 | Report Abuse

Papa Xi wants the young to have affordable houses

qqq47660

8,894 posts

Posted by qqq47660 > 2023-09-16 12:20 | Report Abuse

The CCP criticise HK developers...surely they also need to control their own developers in China.

qqq47660

8,894 posts

Posted by qqq47660 > 2023-09-16 12:22 | Report Abuse

According to pew research 84 % of Muslims in Malaysia want syariah law. If Malaysia is a democracy, surely syariah law it is.

qqq47660

8,894 posts

Posted by qqq47660 > 2023-09-16 12:23 | Report Abuse

Chinese got no say in this matter

qqq47660

8,894 posts

Posted by qqq47660 > 2023-09-16 12:26 | Report Abuse

As for western media every thing in China also want to twist and turn until China looks bad.

qqq47660

8,894 posts

Posted by qqq47660 > 2023-09-16 13:04 | Report Abuse

As for western media China has been collapsing for 40 years already

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-09-16 13:39 |

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UlarSawa

35,552 posts

Posted by UlarSawa > 2023-09-16 13:41 |

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Income

10,697 posts

Posted by Income > 2023-09-16 14:49 | Report Abuse

KUALA LUMPUR: RHB Investment Bank (RHB IB) will enhance its due diligence processes after being reprimanded and fined by Bursa Malaysia Securities Bhd (Bursa Malaysia) yesterday (Sept 14) for breaching ACE Market Listing Requirements, including failing to conduct proper due diligence.

Its managing director and chief executive officer, Ganesh Sabaratnam, said the bank will exercise a higher degree of due diligence and compliance with regulatory requirements in carrying out its responsibilities.

"We take this matter very seriously and have reviewed and enhanced our due diligence processes and procedures, including the review process of our clients, both quantitatively and qualitatively, to be more robust,” he said in a statement today.

Ganesh also mentioned that RHB IB is working with an external advisor to ensure the bank continues to align with due diligence processes and procedures to market best practices.

"The enhancements to the due diligence processes and procedures, coupled with a strong commitment and cooperation from our clients and all other parties involved, will further raise the quality and standards of due diligence,” he added.

In a statement yesterday, Bursa Malaysia said it reprimanded and imposed a fine of RM350,000 on RHBIB for breaching ACE Market Listing Requirements.

RHB IB is the sponsor and principal adviser for an applicant seeking a listing on the ACE Market, and it failed to conduct proper due diligence to ensure all material information was accurately disclosed.

For the second breach, it failed to immediately notify the exchange of material developments concerning the applicant’s business, operations, future plans, and prospects after the initial submission of the proposed listing. - Bernama

Income

10,697 posts

Posted by Income > 2023-09-16 14:50 | Report Abuse

Do you still believe lap sap IB analyst?
Haizzz

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-09-16 15:00 |

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Johnchew5

11,307 posts

Posted by Johnchew5 > 2023-09-16 15:57 |

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Johnchew5

11,307 posts

Posted by Johnchew5 > 2023-09-16 16:15 |

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qqq47660

8,894 posts

Posted by qqq47660 > 2023-09-16 16:22 | Report Abuse

Good bursa finally take action

But whether fine ib 300k is sufficient in or of itself. That is just the fee from one client. Fine 3 million would be more meaningful

qqq47660

8,894 posts

Posted by qqq47660 > 2023-09-16 16:24 | Report Abuse

Fine 10 X would send the right message

qqq47660

8,894 posts

Posted by qqq47660 > 2023-09-16 18:58 | Report Abuse

China want also can make it lah. 28 hrs can complete a block of housing flat lah. Haiyoh. Correct?
++++


Why Malaysia cannot do?

qqq47660

8,894 posts

Posted by qqq47660 > 2023-09-16 19:05 | Report Abuse

No wonder country garden bankrupt. They are using obsolete technology. Too bad for bond holders. They will not get much. Country garden losses in Johor alone must be 100 billion rgt

speakup

26,524 posts

Posted by speakup > 2023-09-16 19:37 | Report Abuse

Now PMX bailout Country Garden Forest City projek

Income

10,697 posts

Posted by Income > 2023-09-16 20:11 | Report Abuse

We are cleaning up other people 💩???


Posted by speakup > Sep 16, 2023 7:37 PM | Report Abuse

Now PMX bailout Country Garden Forest City projek

qqq47660

8,894 posts

Posted by qqq47660 > 2023-09-16 20:35 | Report Abuse

If pm can turn ghost city to lovely city, that would be an achievement

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-09-16 22:13 |

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UlarSawa

35,552 posts

Posted by UlarSawa > 2023-09-16 22:18 |

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UlarSawa

35,552 posts

Posted by UlarSawa > 2023-09-16 22:23 |

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UlarSawa

35,552 posts

Posted by UlarSawa > 2023-09-16 22:26 |

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UlarSawa

35,552 posts

Posted by UlarSawa > 2023-09-16 22:53 |

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Johnchew5

11,307 posts

Posted by Johnchew5 > 2023-09-16 23:23 |

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Posted by StartOfTheBull > 2023-09-17 07:09 | Report Abuse

Dragonslayer permanently banned for life, now new ID Ularsawa, with her long snaky talk flooding forums non stop on behalf of her boss, Ularsawa were also non stop talking in Top Glove forum, talked from RM5.60 untill price of 58c then cabut. 😁
Question: Why Kon Lee wants to keep her here? Now Capital A has overtaken Insas; is this what people said "karma"?

Posted by StartOfTheBull > 2023-09-17 07:12 | Report Abuse

Definition of karma:
Good or bad luck, viewed as resulting from one's actions.
"there's something highly satisfying when karma strikes."

Income

10,697 posts

Posted by Income > 2023-09-17 07:47 | Report Abuse

Don’t play play with my Wifi. See first…
https://youtube.com/shorts/-1XVQmUNTAQ?si=SksyPci4xaVyg1Cf

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2023-09-17 08:00 | Report Abuse

YEAR .. DPS(SEN) .. EPS(SEN) .. YEPX
2009 .. 0 .. 0.34 .. 0.45
2010 .. 0 .. 5.72 .. 0.45
2011 .. 0 .. 11.99 .. 0.39
2012 .. 0 .. 1.5 .. 0.36
2013 .. 0.81 .. 7.62 .. 0.72
2014 .. 0.82 .. 19.88 .. 0.65
2015 .. 0.89 .. 12.25 .. 0.69
2016 .. 0.89 .. 10.41 .. 0.63
2017 .. 0.89 .. 22.2 .. 0.83
2018 .. 0.89 .. 14.61 .. 0.6
2019 .. 1.78 .. 11.77 .. 0.73
2020 .. 1.78 .. 1.99 .. 0.84
2021 .. 2 .. 23.99 .. 0.97
2022 .. 2.5 .. 12.69 .. 0.81




Performance Info
ROE - 5 Yr Avg 6.77
ROE - Latest FY 9.81
PX Growth Rate - 5 Yr Avg (%) 8.38
DPS Growth Rate - 5 Yr Avg (%) 22.90
EPS Growth Rate - 5 Yr Avg (%) 0.84


From 2009 to 2022, its DPO ratio = 8.4%

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2023-09-17 08:18 | Report Abuse

Insas

*Cumulative 14 years 2009 to 2022
*Total cum. EPS (sen) 156.96
*Total cum. DPS (sen) 13.25
Total cum. Retained Earnings (sen) 143.71
DPO Ratio 8.4%


FY end price 2009 RM 0.45
FY end price 2023 RM 0.90
For every RM 1 earnings retained, we expect company to deliver RM 1 increment in share price.
For the amount retained of 143.71 sen or RM 1.4371, its share price has gained only RM 0.45.


Insas is either a very lousy company and priced accordingly, or a very lousy company that is very undervalued.


Quote

Gary Shilling:
The stock market has been rallying since August, and the markets usually do anticipate recoveries. They’ve anticipated twelve of the last eight, I think. Of course, you need to keep in mind that the stock market can remain irrational a lot longer than you can remain solvent.

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