INSAS BHD

KLSE (MYR): INSAS (3379)

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Last Price

1.04

Today's Change

+0.01 (0.97%)

Day's Change

1.03 - 1.04

Trading Volume

302,700


44 people like this.

46,057 comment(s). Last comment by TheContrarian 3 hours ago

Posted by AnakUlarSawa > 2023-10-21 08:57 |

Post removed.Why?

qqq47660

8,946 posts

Posted by qqq47660 > 2023-10-21 09:20 | Report Abuse

The story of 2023 is not Tesla losing share. Rather it is the inability of legacy companies to sell EV at a profit. 4 quarter Tesla will show a big rebound on higher production,

It has been more difficult more expensive to rejig an old factory to make EV than promised...that is the real story.

It is GM ford VW and Toyota that has failed to meet their targets , not Tesla.

qqq47660

8,946 posts

Posted by qqq47660 > 2023-10-21 09:30 | Report Abuse

With the anti China mood so strong in America, the same mood has driven an anti EV mood in America. Jump to hydrogen? This is fantasy. They will not make it. There is no hydrogen infrastructure....and battery so improved so much and so cheap.

What happens is there is decoupling....China will be EV, America will jump here jump there not going any where...and Tesla will be the only profitable EV maker in America and Europe

qqq47660

8,946 posts

Posted by qqq47660 > 2023-10-21 09:37 | Report Abuse

GM and ford will have to pay the government billions in penalties or buy credits from Tesla paying billions to Tesla.
It seem in this scenario all biden plans have back fired , all biden has done is to make America suffer....

StingRay

6,871 posts

Posted by StingRay > 2023-10-21 09:58 | Report Abuse

Hohoho... Running all over tha place and posted so much rubbish and yet avoided answering my simple question ke?. How was the 3 counters you use to challenge me performed against my 3 counters? Too ashame to admit you lose? Why? Worry that you no longer able to convince Ikan bilis to buy your holding when you promote? Go on. Answer loh. 🤣🤣🤣

Johnchew5

11,339 posts

Posted by Johnchew5 > 2023-10-21 09:59 | Report Abuse

合盈证券收入减 英莎末季净利暴跌近74% 
Orientaldaily Wed, Aug 30, 2023 07:25pm - 5 days 



(吉隆坡30日讯)英莎(INSAS,3379,主板金融股)2023财政年末季(6月30日结账)净利按年暴跌73.93%,至3333万令吉;营业额也按年跌13.9%,至4253令吉。 
财报透露,末季业绩按年大跌是因为合盈证券企业谘询费用收入减少,以及去年同期脱售联号公司所有股权录得1亿3130万令吉一次性收益,托高了对比基数。 


该公司全年净利跌42.95%,至1亿2274万令吉;全年营业额则是2亿1684万令吉,比上年略高0.2%。

StingRay

6,871 posts

Posted by StingRay > 2023-10-21 09:59 | Report Abuse

Hohoho... Running all over tha place and posted so much rubbish and yet avoided answering my simple question ke?. How was the 3 counters you use to challenge me performed against my 3 counters? Too ashame to admit you lose? Why? Worry that you no longer able to convince Ikan bilis to buy your holding when you promote? Go on. Answer loh. 🤣🤣🤣

And proof that I also invited you to join PakTua telegram group. Are you also Ular? Always twisting and lying. Cheh. 🤣🤣🤣

Sslee

6,262 posts

Posted by Sslee > 2023-10-21 11:14 | Report Abuse

Repost:
Is that sooooooo stupiiiiiiid someone=Mike-tikus/Johnchew1-5 cannot read nor understand what I posted on:
M&A Securities SDN BHD financial highlight: A 100% holding of Insas before RTO of SYF.

FYE 30 June
2019 2020 2021 2022
RM’000 RM’000 RM’000 RM’000
Revenue 26,314 36,978 68,906 48,541
Other items of income
15,791 18,646 33,291 28,900
Items of expense (33,353) (42,855) (77,420) (54,632)
PBT 8,752 12,769 24,777 22,809
PAT 6,552 9,172 18,764 17,916

Can anyone understand english kindly explain to sooooo stupiiiiiid why staff expense increase in 2021.
2020 item of expenses RM 42.855 million. PBT RM 12.769 million
2021 item of expenses RM 77.420 million. PBT RM 24.777million

RI of Insas-PB with free Insas-WC is a way to reward shareholders. You can either sell your entitlement or subscribe for the RI
I subscribe for my RI entitlement with 10% excess application and later sold the WC for a 6 digit gain.

Someone is very jeleous I make 6 digit gain from the WC.
Recently bought back some WC because history will repeat again. In the past someone promote PA, and WC rocket pass PA. Now that someone day and night promote Jaks hence WC will/shall rocket pass Jaks soon.

去年同期脱售联号公司所有股权录得1亿3130万令吉一次性收益,托高了对比基数
One-off exceptional gain on deemed disposal of equity interest in associate companies of RM 131.3 million.
Do anyone know what is deemed disposal?

Associated co - Inari completed private placement of 10% share at RM 3.10, way above its NTA per share, & insas needs to account for its equity accounting (Inari) share of share capital/reserve increase of RM 131.3 million, purely accounting treatment in compliance with FRS. Non cash flow but increase in assets.
Balance sheet the non current asset associate companies value increase by RM 131.3 million.

Did someone know Jaks every year PP way below NTA?

Insas still hold 537,008,575 inari share (associate company) and
1,215,718,665 M&A an effective holding of 60.83% subsidiary company of Insas.
Know what is the market value of 537,008,575 inari share and 1,215,718,665 M&A share?
Know insas yearly dividend income from Inari alone?
Year end 30/6/2023
Dividend received: RM 56.521 million

Since when a car rental business in Singapore is profitable?
Someone must be smart to dispose capitalA for disposal gain before Covid-19 strike. Only dumb dumb hold Icapital TTB still holding capitalA before covid-19 untill now. Most likely TTB will still dumb dumb hold capitalA till suspension and delist

By the way Omesti is not an Associate company of insas: In balance sheet it is one of many equity investment held in current assets: Financial assets at fair value through profit or loss, as at 30/6/2023 that assets at mark to market value: RM 222,832,000

As at 30/06/2023
NAPS: RM 3.53
Deposits with licensed banks and financial institutions: RM 943,505,000
Cash and bank balances: RM 104,747,000
Total: RM 1,048,252,000
Less:
Cash and bank balance pledged: RM (2,376,000)
Fixed deposits pledged: RM (233,801,000)
Free Fixed deposits and cash and bank balance: RM 812,075,000
Year end 30/6/2023
Interest received: RM 25.349 million

2023 EPS: 18.51 sen
2022 EPS: 32.44 sen
2021 EPS : 37.06 sen

Know what is EPS of Jaks for the past 3 financial year?

qqq47660

8,946 posts

Posted by qqq47660 > 2023-10-22 14:28 | Report Abuse


AnakUlarSawa

Haiyoh China EV maker in distress leh. Many closed shop after cannot tahan leh. Selling EV is one thing after sales service is another thing. Kesian. Haiyoh. Correct?
=======

China observer? China observer is the worse content creator on the internet.

qqq47660

8,946 posts

Posted by qqq47660 > 2023-10-22 14:31 | Report Abuse

what is happening is China will be doing its best for the environment while the west will keep polluting.

what is even more interesting is China and the global south will be improving while the west will keep polluting.

qqq47660

8,946 posts

Posted by qqq47660 > 2023-10-22 15:11 | Report Abuse

interestingly ev adoption is happening in Thailand at a much faster rate than else where,.

qqq47660

8,946 posts

Posted by qqq47660 > 2023-10-22 15:13 | Report Abuse

nothing will stop EV adoption in China .

that is already a certainty , u still got China Observer producing rubbish and still got people believing in China observer.

the EV god is electric viking................ in fact western media is producing rubbish and lies.

qqq47660

8,946 posts

Posted by qqq47660 > 2023-10-22 15:17 | Report Abuse

the demand for EV in China is very high

and the options and choices in China is amazing. The manufacturing prowess , the innovations are just amazing. The product quality, the pricing is just unbeatable.

qqq47660

8,946 posts

Posted by qqq47660 > 2023-10-22 15:20 | Report Abuse

in the environment that is China, only tesla and BYD is making money.

the legacy companies are kaput.

instead of talking rubbish like China observer, people should admire and love China for doing some thing positive for the environment.

qqq47660

8,946 posts

Posted by qqq47660 > 2023-10-22 15:27 | Report Abuse

Chinese EV is very deep and broad.

besides tesla and BYD, you have GAC Aion, Huawei Aito, Geely Zeekr, polestar, SAIC MG, many many more
top 15 brands

BYD 比亚迪
SAIC-GM-Wuling 上汽通用五菱 (joint venture)
Tesla 特斯拉
Geely 吉利汽车
GAC Aion 广汽埃安
Chery 奇瑞汽车
Changan 长安汽车
Hozon Auto 合众汽车
Li Auto 理想汽车
Great Wall Motors 长城汽车
NIO 蔚来
XPeng 小鹏汽车
Leapmotor 零跑汽车
FAW VW 一汽大众 (joint venture)
SAIC VW 上汽大众 (joint venture)

qqq47660

8,946 posts

Posted by qqq47660 > 2023-10-22 15:35 | Report Abuse

technology adoption and EV adoption.

no country in the world do technology adoption like China.

that is amazing, not some thing to curse. or tell lies about.

Posted by AnakUlarSawa > 2023-10-22 16:18 |

Post removed.Why?

Posted by AnakUlarSawa > 2023-10-22 16:19 |

Post removed.Why?

qqq47660

8,946 posts

Posted by qqq47660 > 2023-10-22 19:23 | Report Abuse

As for China....China will do well. No stopping already.

Why is it that China can adopt EV? It is China. China got no fake news. Everyone trust the government and everyone just follow in line. And the products is so good it is irrestitable...every year 28 million cars are sold in China. Now EV sales reach 40%...plenty of growth in China for Tesla and for Chinese ev.....the reality of China is the opposite of fake news provider China observer

qqq47660

8,946 posts

Posted by qqq47660 > 2023-10-22 19:26 | Report Abuse

The total addressable market is still very exciting. Still attracting new entrants. And that is only China... of course plenty of them are also eyeing export markets

qqq47660

8,946 posts

Posted by qqq47660 > 2023-10-22 19:30 | Report Abuse

All legacy companies are in crisis. China observer would not know that. China observer only tell lies. The reality is with EV god. Told u he is god.

qqq47660

8,946 posts

Posted by qqq47660 > 2023-10-22 19:40 | Report Abuse

Among the top 15 companies who will go bust? Difficult to say. Everyone still got every thing to play for. Many of state owned companies can get unlimited financing, at least for now

qqq47660

8,946 posts

Posted by qqq47660 > 2023-10-22 20:17 | Report Abuse

In 2023 Tesla increased the gap from legacy companies in EV in Europe Japan and America. This is the opposite from legacy companies closing the gap . That is the main lesson from 2023.

A new development in America is America faces a risk of the public turning away from EV....in terms of Tesla Vs legacy company EV.....Tesla has won

Posted by alwong1111 > 2023-10-22 20:24 | Report Abuse

Tesla nothing to do with Insas

xiaoeh

2,531 posts

Posted by xiaoeh > 2023-10-22 21:56 | Report Abuse

Insas has become CCP propaganda forum by its propaganda machine.

xiaoeh

2,531 posts

Posted by xiaoeh > 2023-10-22 21:57 | Report Abuse

Btw, still waiting at $0.755

qqq47660

8,946 posts

Posted by qqq47660 > 2023-10-22 22:04 | Report Abuse

Tesla 2000

qqq47660

8,946 posts

Posted by qqq47660 > 2023-10-22 22:51 | Report Abuse

https://www.youtube.com/watch?v=ecShDNg-6lQ&t=31s

BMW to quit EV market.

actually, GM, Ford, MBW, Toyota, Nissan, Stellantis all want to quit EV market. because they lost.

qqq47660

8,946 posts

Posted by qqq47660 > 2023-10-22 23:39 | Report Abuse

The CCP lol
The CCP is doing a damn good job.

What happens when by 2030 China is the only economy follow through on ev

xiaoeh

2,531 posts

Posted by xiaoeh > 2023-10-23 00:01 | Report Abuse

Posted by qqq47660 > 17 minutes ago | Report Abuse

The CCP lol
The CCP is doing a damn good job.
What happens when by 2030 China is the only economy follow through on ev

The World: We need competition for the market to become better in terms of product improvement and price competitiveness.

The CCP: The CCP is doing a damn good job. What happens when by 2030 China is the only economy follow through on ev

CCP always do opposite what they say to the world.

qqq47660

8,946 posts

Posted by qqq47660 > 2023-10-23 00:57 | Report Abuse

As for China....China will do well. No stopping already.

Why is it that China can adopt EV? It is China. China got no fake news. Everyone trust the government and everyone just follow in line. And the products is so good it is irresistible

qqq47660

8,946 posts

Posted by qqq47660 > 2023-10-23 01:01 | Report Abuse

tesla in China is a win win

China improved Tesla and Tesla improved China.

Huangbk72

4,988 posts

Posted by Huangbk72 > 2023-10-23 09:09 |

Post removed.Why?

Huangbk72

4,988 posts

Posted by Huangbk72 > 2023-10-23 09:12 |

Post removed.Why?

Sslee

6,262 posts

Posted by Sslee > 2023-10-23 09:33 | Report Abuse

Insas dividend:
Waiting for dividend announcement on DEC 2023. Expect more than 2.5 cents

So Mike-Tikus/Johnchew1-5 mind telling us where you get the below information FYE2021 = 2.0 Sen and did Jaks pay any dividend before?

👉 Dividend : FYE2021 = 2.0 Sen , FYE2022 = 2.5 Sen .

Ann. Date
Ex Date
Type
Subject
Amount
15-Dec-2022 30-Dec-2022 DIVIDEND Interim Dividend RM 0.0250 Dividend
29-Nov-2021 30-Dec-2021 DIVIDEND Interim Dividend RM 0.0250 Dividend
07-Dec-2020 21-Dec-2020 DIVIDEND Interim Dividend RM 0.0200 Dividend
06-Dec-2019 20-Dec-2019 DIVIDEND Interim Dividend RM 0.0200 Dividend
04-Dec-2018 17-Dec-2018 DIVIDEND Interim Dividend RM 0.0200 Dividend

Sslee

6,262 posts

Posted by Sslee > 2023-10-23 09:37 | Report Abuse

i3lurker,
previously I just treat INSAS as FD but with interest rate increase I hope this year AGM will be a physical one so that I can look into the eye of INSAS BOD and ask for a more fair and equitable dividend.

stockraider

31,556 posts

Posted by stockraider > 2023-10-23 09:40 | Report Abuse

Btw the latest update on Insas by sifu sslee, the coming div propose for insas will exceed 2.5 sen, this is veli veli positive for the share price upgrade loh!

Sifu sslee is going to be a brilliant future investor loh!

U cannot be wrong following sifu sslee buying into Insas mah!

All the questions this soorhaiiis Johnchew raise had been all well answered by our Sifu Insas Sslee mah!

No point Johnchew keep repeating, repeating n repeating the same questions like a broken record loh!

People just need to look at positive buy factors & see how much insas buy is worthwhile & act accordingly loh!

Do not be mislead mah!

Insas score all positive points as super investable stock when share price is still hanging below 90 sen loh!

FUNDAMENTAL FACTORS
1. It has a net cash of Rm 1.10 per share.
2. It trade at a PE of below 5x.
3. It has an NTA per share of Rm 3.43 per share.
4. If u add the potential mark to market gain of Inari & M&A, the revised Nta of insas exceed Rm 4.50 per share mah!.
5. It pays a dividend of 2.5 sen, that give a dividend yield of 2.82% pa, very close to the short term FD rates of 3.0% pa.
6. Insas has shown earnings sustainability & consistency as for the past 10 yrs, annually Insas has been reporting good profit n most amazingly every qtr for the past 10 yrs, Insas has been reporting positive positive every qtr loh!
7. If u invest in insas, U r exposing to the biggest tech listed Composite Index co in KLSE-Inari.
8. U r also deriving the best manage Finance Co in KLSE by investing in insas mah!

GORENG FACTORS
9. Insas own the most efficient goreng corp finance listed co in klse-M&A
10. Insas is due to be goreng bcos its share price at 88.5 sen now is close to the exercise price of the warrant at 90 sen mah!
11. The insas chart indicate Insas is due to breakout of 90 sen & powerfully will go above Rm 1.20 soon loh!
12. Insas is one of the most promising incubators & its Venture capital has been performing very well loh!

Do not missed this INSAS high positive profitability potential, INVEST NOW LOH!

stockraider

31,556 posts

Posted by stockraider > 2023-10-23 09:41 | Report Abuse

Sifu sslee like always will write to Insas BOD b4 the AGM loh!

Posted by Sslee > 3 minutes ago | Report Abuse

i3lurker,
previously I just treat INSAS as FD but with interest rate increase I hope this year AGM will be a physical one so that I can look into the eye of INSAS BOD and ask for a more fair and equitable dividend.

Sslee

6,262 posts

Posted by Sslee > 2023-10-23 09:42 | Report Abuse

Mike-tikus/Johnchew1-5 still dumb dumb hold your capA?
Wanted to be another dumb dumb hold Icapital TTB hold capitalA before covid-19 until now and most likely TTB will still dumb dumb hold capA till suspension and delist.

Huangbk72

4,988 posts

Posted by Huangbk72 > 2023-10-23 09:46 |

Post removed.Why?

qqq47660

8,946 posts

Posted by qqq47660 > 2023-10-23 13:00 | Report Abuse

CCP always do opposite what they say to the world
============

The CCP lol
The CCP is doing a damn good job.

What happens when by 2030 China is the only economy follow through on ev

the CCP do what it says and says what it do.

China is all in EV. Europe has a strong case to succeed, eventually. But America faces a risk that America will be left behind.

To do big things,, unity is very important. America got too much fake news and cannot do big things.

nevertheless, Annual car sales is about 70 millions units. Plenty of addressable market for Tesla and China EV....especially since in 2023 the gap between Tesla and Toyota, VW, GM, Ford, etc has grown not narrowed. compared to 2022.

qqq47660

8,946 posts

Posted by qqq47660 > 2023-10-23 13:02 | Report Abuse

in 2023, Toyota, VW, GM, Ford, etc all have big problems with their EVs.

Sslee

6,262 posts

Posted by Sslee > 2023-10-24 09:29 | Report Abuse

Come on Mike-tikus/Johnchw1-5 how many time do I need to explain before you can finally understand accounting?

1.) FYE2021 : Revenue = RM216.9 M , Net Profit = RM 245.7 M
2.) FYE2022 : Revenue = RM212.5 M , Net Profit = RM 215.05 M
3.) FYE2023 : Revenue = RM 216.8 M , Net Profit = 122.7 M


去年同期脱售联号公司所有股权录得1亿3130万令吉一次性收益,托高了对比基数
One-off exceptional gain on deemed disposal of equity interest in associate companies of RM 131.3 million.
Do anyone know what is deemed disposal?

Associated co - Inari completed private placement of 10% share at RM 3.10, way above its NTA per share, & insas needs to account for its equity accounting (Inari) share of share capital/reserve increase of RM 131.3 million, purely accounting treatment in compliance with FRS. Non cash flow but increase in assets.
Balance sheet the non current asset associate companies value increase by RM 131.3 million.

Did you know why Jaks every year PP way below NTA whereas Inari PP way above NTA?

StingRay

6,871 posts

Posted by StingRay > 2023-10-24 09:38 | Report Abuse

Don't think he will understand lah. His mentality is like using RM10 to buy rubbish is cheaper than using RM100 to buy gold. 🤣

Huangbk72

4,988 posts

Posted by Huangbk72 > 2023-10-24 09:52 |

Post removed.Why?

Huangbk72

4,988 posts

Posted by Huangbk72 > 2023-10-24 13:52 |

Post removed.Why?

Huangbk72

4,988 posts

Posted by Huangbk72 > 2023-10-25 05:44 |

Post removed.Why?

Huangbk72

4,988 posts

Posted by Huangbk72 > 2023-10-26 06:35 | Report Abuse

Want to attack others but forgot to look into mirror.. Hahahaha

Insas BOD remuneration 4.8M

Jaks BOD 13.3 M

Compare both company revenue, profit and cash flow, seems Jaks overpaid

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