INSAS BHD

KLSE (MYR): INSAS (3379)

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Last Price

0.94

Today's Change

+0.005 (0.53%)

Day's Change

0.935 - 0.94

Trading Volume

7,000


43 people like this.

46,525 comment(s). Last comment by Tatooine 1 minute ago

TheContrarian

9,507 posts

Posted by TheContrarian > 2024-01-16 19:45 | Report Abuse

@MrSslee, how much units have you taken profits on?

3101575000

562 posts

Posted by 3101575000 > 2024-01-16 19:53 | Report Abuse

I think tomorrow will go up some more bcos I not yet sell. Ha ha

Income

12,478 posts

Posted by Income > 2024-01-16 19:57 | Report Abuse

Sslee Sir, is the 9th biggest Insas shareholder.
I think he already sold all here. Laughing to the bank…

Sslee

6,901 posts

Posted by Sslee > 2024-01-16 20:34 | Report Abuse

Still got balance 1,740,000 Insas and 396,000 Insas-WC

TheContrarian

9,507 posts

Posted by TheContrarian > 2024-01-16 21:19 | Report Abuse

@MrSslee, you have finally realized some huge gains on Insas.

TheContrarian

9,507 posts

Posted by TheContrarian > 2024-01-16 23:43 | Report Abuse

Insas is a counter where we slowly for months accumulate from 75 sen to 85 sen and then wait and wait and wait and wait for the lovely days where price finally spikes above RM1.10 to start taking profits.

Ayam9

30 posts

Posted by Ayam9 > 2024-01-17 01:01 | Report Abuse

Stock: [KGB]: KELINGTON GROUP BERHAD

1 hour ago | Report Abuse

Dear calvintaneng.
You are a nice person.
I told that person to stop, hope that he is a gentleman.
Thank you.

????


OTB praising calvintangne ?????? can't believe

Ayam9

30 posts

Posted by Ayam9 > 2024-01-17 01:01 | Report Abuse

that old man must be senyap senyap unloading INSAS

Ayam9

30 posts

Posted by Ayam9 > 2024-01-17 01:02 | Report Abuse

all kena kon kaw kaw

Ayam9

30 posts

Posted by Ayam9 > 2024-01-17 01:05 | Report Abuse

HENG YUAM

speakup

27,071 posts

Posted by speakup > 2024-01-17 07:52 | Report Abuse

why Mr Tong publish rubbish like this: https://theedgemalaysia.com/node/696727
kill our bull run only! very irresponsible he

Sslee

6,901 posts

Posted by Sslee > 2024-01-17 08:22 | Report Abuse

Posted by TheContrarian > Jan 16, 2024 11:43 PM | Report Abuse
Insas is a counter where we slowly for months accumulate from 75 sen to 85 sen and then wait and wait and wait and wait for the lovely days where price finally spikes above RM1.10 to start taking profits.

I learn from you instead of hold long long till it hit my TP 1.50 I sold some to take profit so that if it drop, I can buy back again.

Mikecyc

46,956 posts

Posted by Mikecyc > 2024-01-17 08:51 |

Post removed.Why?

Mikecyc

46,956 posts

Posted by Mikecyc > 2024-01-17 08:54 |

Post removed.Why?

Sslee

6,901 posts

Posted by Sslee > 2024-01-17 09:00 | Report Abuse

Mike-tikus,
My last year dividend from Petronm:
4/7/2023 Petronm 63,250.00

By the way I already sold all my Petronm for some trading profit.

Mikecyc

46,956 posts

Posted by Mikecyc > 2024-01-17 09:07 |

Post removed.Why?

Sslee

6,901 posts

Posted by Sslee > 2024-01-17 09:07 | Report Abuse

Date Open Range Close Change Volume
16/01/2024 0.39 0.345 - 0.455 0.38 -0.015 (3.80%) 107,057,300
15/01/2024 0.21 0.21 - 0.415 0.395 +0.185 (88.10%) 157,753,400

Insas-WC last two day.
So what is Mike-tikus talk about?
Mikecyc Haha Difference of a day Insas WC volume changes : 450,000 to 396,000 …
17/01/2024 8:54 AM

Mikecyc

46,956 posts

Posted by Mikecyc > 2024-01-17 09:10 |

Post removed.Why?

Sslee

6,901 posts

Posted by Sslee > 2024-01-17 09:12 | Report Abuse

Mike-tikus,
are you talking about this?
117259398 01/01/2024 Brought Forward 450,000 0.1597
117996497 16/01/2024 Sell 50,000 0.4500
118001189 16/01/2024 Sell 4,000 0.4300

Mikecyc

46,956 posts

Posted by Mikecyc > 2024-01-17 09:12 |

Post removed.Why?

Sslee

6,901 posts

Posted by Sslee > 2024-01-17 09:15 | Report Abuse

Yesterday morning I q sell from 0.45, 0.47. 0.49 but only done 0.45 and afternoon I q sell 0.43 but only done 4,000 units

Sslee

6,901 posts

Posted by Sslee > 2024-01-17 09:20 | Report Abuse

By the way I bought WC just for the fun putting in real money to compete with your Jaks.

Mikecyc

46,956 posts

Posted by Mikecyc > 2024-01-17 09:47 |

Post removed.Why?

TheContrarian

9,507 posts

Posted by TheContrarian > 2024-01-17 10:12 | Report Abuse

Today received so much Insas dividend.

arv18

2,662 posts

Posted by arv18 > 2024-01-17 10:19 | Report Abuse

everything is blood red ... its only the beginning.

Sslee

6,901 posts

Posted by Sslee > 2024-01-17 11:00 | Report Abuse

Mike-tikus,
Just check my MAE.
INSAS RM 58,125.00
EWINT RM 3,000.00

Sslee

6,901 posts

Posted by Sslee > 2024-01-17 11:11 | Report Abuse

I would have accumulate KSL long ago if only the BOD give some dividend to shareholders.

Mikecyc

46,956 posts

Posted by Mikecyc > 2024-01-17 11:21 |

Post removed.Why?

Mikecyc

46,956 posts

Posted by Mikecyc > 2024-01-17 11:31 |

Post removed.Why?

Mikecyc

46,956 posts

Posted by Mikecyc > 2024-01-17 11:33 |

Post removed.Why?

OTB

11,572 posts

Posted by OTB > 2024-01-17 11:35 | Report Abuse

Hope another party is interested to bid for Insas so that the share price is not depressed all the time.
The share price is being depressed for > 10 years.
The share price of Insas should be like the share price of Inari, at least reflects its fundamental.
The share price of Insas below 1.00 is not a fair price, the 4 quarter rolling EPS is 18.16 sen, the share price at least should be equal to 1.82, trading at a PER=10.
My 2 cents comments.
Thank you.

Sslee

6,901 posts

Posted by Sslee > 2024-01-17 12:25 | Report Abuse

Posted by Jonathan39199 > Jan 17, 2024 12:49 AM | Report Abuse
Hi Soon Sheng, I read through your questions and the answers from the BOD. May I ask your insights to deal with the unwillingness of management to distribute sufficient dividends?

Posted by Sslee > Jan 17, 2024 8:36 AM | Report Abuse X
Leno who hold multi-million WC also do not want company distribute good dividend because dividend give out will dilute the net worth of WC.

The BOD is working hard to give a better dividend but the old man controlling shareholder Dato' Sri Thong object, may be he also see giving out dividend is reducing the net worth of Insas.

By next year BOD will not have any more excuse for not giving better dividend if we the minority shareholders keep pressuring BOD for better dividend.

Posted by Sslee > Jan 17, 2024 8:47 AM | Report Abuse X
Many people rebut me for asking a better dividend by quoting Berkshire Hathaway does not pay dividends to its investors. Instead, the company chooses to reinvest retained earnings into new projects, investments, and acquisitions.

They forget Insas just keep cash and poor return on cash keep in bank account. Only lately transfer cash in current account to FD to earn better interest income.

Sslee

6,901 posts

Posted by Sslee > 2024-01-17 12:30 | Report Abuse

Normally old man has the habit of counting how many FD and how much in the bank.

leno

6,167 posts

Posted by leno > 2024-01-17 15:05 | Report Abuse

kekekekekek ....keep dreaming for higher dividend.
u will get nightmare instead.
i personally ask ah thong to give ZERO DIVIDEND,
better still if ask shareholder to folk out more money to insas.
I also tell ah thong if got one old fellow refuse, then ask him why he willing to folk out more money to conman counter xinquan last time but refuse to give more to good company like insas ?

This year i will represent MINORITY shareholder to ask ah thong to stop giving dividend. Just give more free warrants.

MUAHAHAHAHAHAHAH !!

Lewis Lee

1,695 posts

Posted by Lewis Lee > 2024-01-17 15:14 | Report Abuse

back to 0.80 + again .....

leno

6,167 posts

Posted by leno > 2024-01-17 15:15 | Report Abuse

why 80 sen ? why not 8 sen ?
MUAHAHAHAHA
no money to buy, just say so mar
i can lend some if u beg mar ...
MUAHAHAHAHAHAHAHAH

Lewis Lee

1,695 posts

Posted by Lewis Lee > 2024-01-17 15:19 | Report Abuse

leno, please sell your insas to me at 80sen ! hahaha

leno

6,167 posts

Posted by leno > 2024-01-17 15:20 | Report Abuse

there will be no increase in dividend
not this year
and not next year.

Dont cheat own self for every year.

MUAHAHAHAHAHAHAH !!

leno

6,167 posts

Posted by leno > 2024-01-17 15:22 | Report Abuse

Shoes company keep shoes as inventory
Steel company keep steel as inventory
Investment company keep what as inventory ?
CASH mar .... if no cash how to invest in tech companies in China ?
Use cow shit meh ?

MUAHAHAHAHAHAHHAH !!

lene

44 posts

Posted by lene > 2024-01-17 15:22 | Report Abuse

OTB is trying so so hard to unload his INSAS to Butoh YOU

lene

44 posts

Posted by lene > 2024-01-17 15:23 | Report Abuse

Heng yuan 2.0 is in The make

lene

44 posts

Posted by lene > 2024-01-17 15:30 | Report Abuse

プキアマ ランジアオ to this leno and フック ゆ this OTB

leno

6,167 posts

Posted by leno > 2024-01-17 15:32 | Report Abuse

the more cash an investment company hold - the more valuable their company become.
if oil company struck oil, gold company dig gold, they become rich.
Investment company with billions of FREE cash, will strike diamond when crisis come, and they whack everything at cheap price.
When opportunity come, like China tech gov initiative launch, u think who China will come ask for help ?
U think China will ask that dumb old fellow who invested in xinquan aaa?

MUAHAHAHAHAHAHAHHAHA

leno

6,167 posts

Posted by leno > 2024-01-17 15:35 | Report Abuse

so, do cheat own self okay.
u want dividend - go invest in dividend company
u dont want dividend - go invest in no dividend company
u want ciput dividend, and more free warrants - must collect insas lor.

imagine one fellow go invest in PUBLIC bank, then every year write long long letters asking to reduce dividend .... u no feel dumb meh ?

MUAHAHAHAHAHAHAHAHAH

Mikecyc

46,956 posts

Posted by Mikecyc > 2024-01-17 15:57 |

Post removed.Why?

Sslee

6,901 posts

Posted by Sslee > 2024-01-17 16:02 | Report Abuse

Most likely leno already unload all his WC and now hope to collect back again.

Mike-tikus already cut win your capA?

Mikecyc

46,956 posts

Posted by Mikecyc > 2024-01-17 16:04 |

Post removed.Why?

Mikecyc

46,956 posts

Posted by Mikecyc > 2024-01-17 16:08 |

Post removed.Why?

Mikecyc

46,956 posts

Posted by Mikecyc > 2024-01-17 16:21 |

Post removed.Why?

Mikecyc

46,956 posts

Posted by Mikecyc > 2024-01-17 16:24 |

Post removed.Why?

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