Posted by speakup > 2024-01-21 08:11 | Report Abuse

i recommend Tenaga. TP rm11. but must be patient one. no fast money

Posted by TheContrarian > 2024-01-21 08:13 | Report Abuse

Insas at 1.20 is so deeply undervalued that at that price you are actually getting the Inari shares free. EPF and KWP have been throwing tons of money buying Inari when they and other funds should be buying Insas and getting Inari free.

Posted by Income > 2024-01-21 08:30 | Report Abuse

Sslee Sir, from your words below, you have transformed into a savvy investor. Congratulations and good luck to you. May all huat this year.


Posted by Sslee > Jan 20, 2024 9:58 PM | Report Abuse

@WellnessAntiCancer,
I already sold down 50% and by the time if I manage to sell at my TP of RM 1.50 then most likely the balance 33% is zero cost for me and I will keep this shares and see whether Insas can go up to stockraider TP of 3 and then leno TP of 6.

But if insas falls back to 85 sen I will buy again and ask for better dividend during AGM.

The reason I did not sell last time is because I do not know what to buy if I sold but nowsaday I am more confident on my stocks selection that give me better dividend and capital appreciation.

The best part is I can just keep spare cash in my trading account earning interest and at the same time opportunity to do my hit and run trading when opportunity present itself.

Posted by Sslee > 2024-01-21 08:30 | Report Abuse

29-Jul-2021 30-Jul-2021 Private Placement 333,000,000 3.100 Additional Listing

Sometime I just wonder why this Inari 10% PP purchasers spend RM1,032.3 million for 333 million inari shares. Shouldn't they spend the 1.0323 billion take over Insas then use Insas cash to pay off RM 1.032 billion and will still owned 532,008,575 inari shares and everything inside Insas?

On every measurable yardstick Insas is deeply undervalued or a deep value trapped.
So in investing 1+1 can never equal to 2.

Posted by TheContrarian > 2024-01-21 08:36 | Report Abuse

If one were to scrutinize the Annual Report, Ah Thong merely owns 25% , his brother 11% but together they own short of 33% (this is weird Maths due to double counting). The rest numbering over 21,900 shareholders own 67%. Among the 21,900 is Mr Sslee, myself and hundreds of forum participants, most who have gone MIA but resurfaced recently.

Posted by TheContrarian > 2024-01-21 08:42 | Report Abuse

Both Ah Thong and his brother are no longer directors, thus they can't really be "in control". Independent directors are supposedly running Insas.

Posted by TheContrarian > 2024-01-21 08:43 | Report Abuse

The 21,900 shareholders can collectively nominate and appoint their own board of directors.

Posted by Sslee > 2024-01-21 09:08 | Report Abuse

Dato’ Sri Thong Kok Khee *166,064,962 25.05
Dato’ Thong Kok Yoon ** 74,203,648 11.19

*Direct and deemed interest by virtue of his family
members’ interest and his substantial interest in M&A
Investments International Limited, Immobillaire Holdings
Sdn Bhd, Baktihan Sdn Bhd, Winfields Development Sdn
Bhd and Montprimo Sdn Bhd.

** Direct and deemed interest by virtue of his family
members’ interest and his substantial interest in Perak
Traders Holdings Sdn Bhd and Baktihan Sdn Bhd.

Baktihan Sdn Bhd 21,746,400 3.28
Bahtihan is deemed interest of both Dato’ Sri Thong Kok Khee and Dato’ Thong Kok Yoon

Dato’ Sri Thong Kok Khee + Dato’ Thong Kok Yoon
deemed interest: 25.05 +11.19 - 3.28 = 32.96%

Posted by TheContrarian > 2024-01-21 09:09 | Report Abuse

I am having breakfast at a morning market and all I hear is people talking about the deeply undervalued Insas. Someone said Monday will go limit up, another day don't sell even limit order because it can go double limit up. Another said double limit up would take price to only RM2.02, Insas is worth RM3. Then another said RM3 still very cheap as foreign investors 2ill chase it up to RM6 as our ringgit so cheap today.

Posted by TheContrarian > 2024-01-21 09:11 | Report Abuse

@Mr Sslee I know that Baktihan is a 50-50 company owned by the Thong brothers.

Posted by Mikecyc > 2024-01-21 09:36 |

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Posted by Mikecyc > 2024-01-21 10:02 |

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Posted by Mikecyc > 2024-01-21 10:06 |

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Posted by Mikecyc > 2024-01-21 10:14 |

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Posted by Mikecyc > 2024-01-21 10:41 |

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Posted by stockraider > 2024-01-21 12:36 | Report Abuse

Cekd is a reasonable profitable co loh!

But base on valuation, it does not appear really undervalue when compare to insas loh!

Insas beat Cekd flat in terms of PE, Cashflow per share, balance sheet strength, Net cash per share etc loh!

Posted by wilsonliew > 1 hour ago | Report Abuse

CEKD - The Small Cap Star of the Year 2024

https://klse.i3investor.com/web/blog/detail/stocksforyear2024/2024-01-20-story-h-190328622-CEKD_The_Small_Cap_Star_of_the_Year_2024

Posted by stockraider > 2024-01-21 12:41 | Report Abuse

Invest in jaks like sorrrrhaiiii loh!
Beside Jaks having huge borrowings, poor profit, no dividend & management taking advantage by issuing placement & huge discount at the expense of diluting minority shareholders loh!

This jaks has integrity & competence issue & it has loads of litigations issue mah!

Posted by Mikecyc > 2 hours ago | Report Abuse

Haha correction :

As I read thru , understand that Vietnam JV company , Jaks holding 30 % : Cash RM 200 million plus RM 400 million from “ Construction of “ the Power Plant Profits … Until today the investment is over RM 800 million .


Mikecyc

41,648 posts

Posted by Mikecyc > 1 hour ago | Report Abuse

1.) Vietnam Power Plant Share of Profit n Dividends :


2020 : RM 3.8 million


2021 : RM 140.7 million


2022 : RM 156.2 million , Dividend RM 70.0 million


2023 : 1QR = RM 28.326 M , 2QR = RM 32.312 M , 3QR = RM 35.862 M



___

Jaks Annual Revenue and Net Profit / ( Loss ) :


1.) FYE2020 : RM 259.4 million with Loss ( RM 80.5 Million. )


2.) FYE2021 : RM 109.7 million with Net Profit RM 51.9 million.


3.) FYE 2022 : RM 89.8 million with Net Profit RM 53.5 million.


4.) FYE 2023 : 1st Half Revenue RM 17.47 million with Net Profit RM 33.19 million.


>>👉 1QR is Profit RM 14.08 million , 2QR is Profit RM 19.11 million , 3QR is Rm 7.15 million…

Posted by stockraider > 2024-01-21 12:48 | Report Abuse

Lu tau boh!

Inari has good rating & respect of the investing community compare to Insas loh!

This bcos the corp governance & its public relation of Inari is excellent compare to Insas loh!

As Thong is targeting the corporates & the funds whereas insas has poor perception bcos thong wants to make it ugly for a potential privatization loh!

But insas is actually manage well loh!

Mkt is slowly waking up mah!

Posted by Sslee > 4 hours ago | Report Abuse

29-Jul-2021 30-Jul-2021 Private Placement 333,000,000 3.100 Additional Listing

Sometime I just wonder why this Inari 10% PP purchasers spend RM1,032.3 million for 333 million inari shares. Shouldn't they spend the 1.0323 billion take over Insas then use Insas cash to pay off RM 1.032 billion and will still owned 532,008,575 inari shares and everything inside Insas?

On every measurable yardstick Insas is deeply undervalued or a deep value trapped.
So in investing 1+1 can never equal to 2.

Posted by ocbc > 2024-01-21 13:16 | Report Abuse

https://www.youtube.com/watch?v=1XXxRy0XCdI

( He is the root of the problem for Malaysia , disaster of Malaysia)

Posted by WellnessAntiCancer > 2024-01-21 13:38 | Report Abuse

Market demand and supply. Corporate restructures will find Insas increasing attractively as it is sitting on cash reserves RM1.37 or RM950mil over and above its WHOLE market value at RM825mil

Screaming buy. Thong knows his 32.9% is still short of 50% simple majority control. He is likely to have proxies to hold shares on his behalf, legal although not exactly ethical.

How would you like to buy a landed home for RM825k that comes with RM950k cash?

The upside vs downside potential is 4:1.

Disclosure: I own Insas and Insas WC and may continue to accumulate.

Posted by WellnessAntiCancer > 2024-01-21 13:47 | Report Abuse

2023 TOP 30 shareholders include Fund Managers

Emerging Market Core Equity Portfolio DFA Investment Dimensions Group Inc owns 4,413,602shares

Standard Chartered Bank Malaysia Berhad (Wealth Management) (Asing) owns 2,683,300 shares

Dimensional Emerging Markets Value Fund owns 2,500,000 shares.

2022 TOP 30 shareholders naming Fund Managers = NIL.

That explains why the shares are rising with now in 2023 fund managers have accumulated almost 10 million shares.

Many fund managers are allowed to invest provided the market cap is above RM750mil. At current valuation, expect more fund managers interests to start pouring in

Remember, stocks are like pendulum swings. It will rise above the fair value, way above in which you can dispose at large gains - very large.

Posted by Mikecyc > 2024-01-21 14:40 |

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Posted by Mikecyc > 2024-01-21 14:43 |

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Posted by Mikecyc > 2024-01-21 14:47 |

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Posted by TheContrarian > 2024-01-21 18:36 | Report Abuse

Tong Kooi Ong has set target price of Insas at RM4.32, still short of Leno's target of RM6.

Posted by Sslee > 2024-01-22 08:36 | Report Abuse

Will it be "Ini kali lah" the perfect storm and tsunami strike together??

Posted by speakup > 2024-01-22 08:42 | Report Abuse

Today Insas will up so Sslee please don't sell and kill the bull

Posted by leno > 2024-01-22 08:57 | Report Abuse

Dumb people will never learn.
Slow learner learn very slow.
10 fakking years write long long letter with same result
still cannot figure out why
always blame other people

Give u so many clues and tips
but still blur blur

Last time even write letter
asking ah thong dont give free warrants
i almost buy ticket fly to indon
to slap his fakking head

Insas cannot increase dividend because this has negative effect to insas preference share holders.
Preferrence share holders are insas loyal customers.

whereas Insas shareholder is greedy people
once share price go up, they will sell off insas
make profit and continue to badmouth insas as usual
hoping to buy back at low price mar.

Insas will give big ang pow every 5 years
we are talking about VERY VERY BIG ANG POW !!
Which has made me a millionaire at 30+ years old
a multimillionaire at 40+
and will be a multi-hundred-million at 50+

Time is ticking.
Tik tok ,... tik tok .... tik tok ...

RM 6 RINGGIT is COMING !!
INSAS CANTEEEEEEEEEEEEEEEEEEEEKKKK AAAAAAAAAAAAAAAA !!!

MUAHAHAHAHAHAHAHAH !!

Posted by TheContrarian > 2024-01-22 09:28 | Report Abuse

Insas will be soon announcing a corporate exercise that will take its price to RM6.

Posted by ValueInvestor888 > 2024-01-22 09:29 | Report Abuse

The edge boss Tong's Portfolio bought Insas_WC at 42 sen last week. could it be like Sslee said ini kalilah?

Posted by speakup > 2024-01-22 09:31 | Report Abuse

As long as Sslee no sell, insas will up

Posted by VincentTang > 2024-01-22 09:44 | Report Abuse

Insas kasi limit up today

Posted by Sslee > 2024-01-22 09:50 | Report Abuse

Insas cannot increase dividend because this has negative effect to insas preference share holders.
Preferrence share holders are insas loyal customers????

Insas pay a fix interest of 3.8% to INSAS-PB holders (regardless of whether Insas make profit or lose) and at maturity will pay insas-PB RM1.00 to redeem the PB.

I already sold all the INSAS-PB. Is leno still hold on to his/her INSAS-PB?

Posted by ocbc > 2024-01-22 09:57 | Report Abuse

leno now talk alot , when insas-wc at 0.14 never cantik cantik ah.... lol

Posted by Mikecyc > 2024-01-22 10:01 |

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Posted by Mikecyc > 2024-01-22 10:04 | Report Abuse

RSI(14) Overbought 85.3
Stochastic(14) Overbought 90.7

Posted by Sslee > 2024-01-22 10:07 | Report Abuse

Aiyoyo Mike-tikus don't jealous lah. Ini kali lah kasi pecah bubong.
Insas banyak canteeeeeeeeeeeek

Posted by TheContrarian > 2024-01-22 10:29 | Report Abuse

Insas will take out 1.30, after that can go either way.

Posted by WellnessAntiCancer > 2024-01-22 10:41 | Report Abuse

EPF is aggressively accumulating Inari which augurs well for Insas as it only adds profits via Mark to market. Expect >RM100mil profit report in Q4 2023 and Q1 2024.

That is PE R of 6x. can you find another one with this ultra low price and high value firm?

Posted by WellnessAntiCancer > 2024-01-22 10:42 | Report Abuse

Both MPI and Inari have war chest of RM800M and RM1,800M to expand. MPI is more conservative and prepared to serve the existing orders-clients whereas Inari R&D are working with major clients esp Huawei (nicknamed as Apple of China)

Posted by Mikecyc > 2024-01-22 10:50 |

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Posted by Mikecyc > 2024-01-22 10:54 |

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Posted by Mikecyc > 2024-01-22 10:55 | Report Abuse

Announced Date Change Type Shares Name
19 Jan 2024 16 Jan 2024 Acquired 267,700 EMPLOYEES PROVIDENT FUND BOARD
19 Jan 2024 18 Jan 2024 Acquired 211,300 KUMPULAN WANG PERSARAAN (DIPERBADANKAN)
19 Jan 2024 16 Jan 2024 Acquired 398,400 EMPLOYEES PROVIDENT FUND BOARD
19 Jan 2024 16 Jan 2024 Disposed 887,800 EMPLOYEES PROVIDENT FUND BOARD
18 Jan 2024 15 Jan 2024 Disposed 1,267,600 EMPLOYEES PROVIDENT FUND BOARD
18 Jan 2024 15 Jan 2024 Disposed 500,000 EMPLOYEES PROVIDENT FUND BOARD
17 Jan 2024 12 Jan 2024 Acquired 2,000,000 EMPLOYEES PROVIDENT FUND BOARD
17 Jan 2024 15 Jan 2024 Disposed 73,500 DATO' SRI THONG KOK KHEE
17 Jan 2024 12 Jan 2024 Disposed 97,300 EMPLOYEES PROVIDENT FUND BOARD
17 Jan 2024 12 Jan 2024 Disposed 926,500 INSAS BERHAD
17 Jan 2024 12 Jan 2024 Disposed 500,000 EMPLOYEES PROVIDENT FUND BOARD
17 Jan 2024 15 Jan 2024 Disposed 73,500 INSAS BERHAD
17 Jan 2024 12 Jan 2024 Acquired 1,000,000 EMPLOYEES PROVIDENT FUND BOARD
17 Jan 2024 12 Jan 2024 Disposed 926,500 INSAS TECHNOLOGY BERHAD
17 Jan 2024 16 Jan 2024 Disposed 1,000,000 KUMPULAN WANG PERSARAAN (DIPERBADANKAN)
17 Jan 2024 15 Jan 2024 Disposed 73,500 INSAS TECHNOLOGY BERHAD
17 Jan 2024 12 Jan 2024 Disposed 926,500 DATO' SRI THONG KOK KHEE
16 Jan 2024 11 Jan 2024 Disposed 700,000 EMPLOYEES PROVIDENT FUND BOARD
16 Jan 2024 11 Jan 2024 Disposed 250,000 EMPLOYEES PROVIDENT FUND BOARD
16 Jan 2024 11 Jan 2024 Disposed 2,000,000 INSAS BERHAD
16 Jan 2024 11 Jan 2024 Disposed 2,000,000 INSAS TECHNOLOGY BERHAD
16 Jan 2024 15 Jan 2024 Disposed 1,000,000 KUMPULAN WANG PERSARAAN (DIPERBADANKAN)
16 Jan 2024 11 Jan 2024 Disposed 2,000,000 DATO' SRI THONG KOK KHEE

Posted by Sslee > 2024-01-22 11:00 |

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Posted by Mikecyc > 2024-01-22 11:09 |

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Posted by Sslee > 2024-01-22 11:13 | Report Abuse

Mike-tikus, are you trapped in Jaks at high high price like you trapped in Hengyuan at RM 4.40?

Posted by Sslee > 2024-01-22 11:21 | Report Abuse

Mike-tikus,
My Insas and Jayatiasa is on the race to the top.
Your jaks and capA is most likely a race to the bottom.

Posted by Mikecyc > 2024-01-22 11:44 |

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Posted by Mikecyc > 2024-01-22 11:46 |

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Posted by Mikecyc > 2024-01-22 11:47 |

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