INSAS BHD

KLSE (MYR): INSAS (3379)

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Last Price

0.935

Today's Change

-0.005 (0.53%)

Day's Change

0.935 - 0.96

Trading Volume

1,647,500


43 people like this.

46,517 comment(s). Last comment by TheContrarian 13 hours ago

Mikecyc

46,940 posts

Posted by Mikecyc > 2024-01-24 07:50 |

Post removed.Why?

Mikecyc

46,940 posts

Posted by Mikecyc > 2024-01-24 07:53 |

Post removed.Why?

Huangbk72

5,074 posts

Posted by Huangbk72 > 2024-01-24 07:54 | Report Abuse

Mikecyc.. Plenty of questions for you at Jaks

Why come here when you are losing money at JAKS

speakup

27,069 posts

Posted by speakup > 2024-01-24 07:55 | Report Abuse

speakup is speakup. stockraider is stockraider.
if u believe speakup is stockraider, u will also believe speakup is OTB or Calvin or maybe even Tan Teng Boo or Warren Buffet. LOL!

Mikecyc

46,940 posts

Posted by Mikecyc > 2024-01-24 07:55 |

Post removed.Why?

Mikecyc

46,940 posts

Posted by Mikecyc > 2024-01-24 07:59 |

Post removed.Why?

Huangbk72

5,074 posts

Posted by Huangbk72 > 2024-01-24 08:04 | Report Abuse

Hahha. Poor Mikecyc.. will people even listen to you.

U registered in i3 2018.... u speculating about what happened in 2013

You should spend more time brushing up your FA/TA skills and answer questions in JAKS

Running away wont help 😂😂

Huangbk72

5,074 posts

Posted by Huangbk72 > 2024-01-24 08:08 |

Post removed.Why?

Mikecyc

46,940 posts

Posted by Mikecyc > 2024-01-24 08:13 |

Post removed.Why?

Mikecyc

46,940 posts

Posted by Mikecyc > 2024-01-24 08:15 |

Post removed.Why?

Mikecyc

46,940 posts

Posted by Mikecyc > 2024-01-24 08:18 |

Post removed.Why?

Mikecyc

46,940 posts

Posted by Mikecyc > 2024-01-24 08:19 |

Post removed.Why?

Huangbk72

5,074 posts

Posted by Huangbk72 > 2024-01-24 08:19 | Report Abuse

Hahaa... Poor Liar Mikecyc

There was no need for me to edit my own post...

Only liars like you edit post..

Anyone can go back to my PMCORP post in 2013.. unlike you..

Pitiful liar

Huangbk72

5,074 posts

Posted by Huangbk72 > 2024-01-24 08:20 | Report Abuse

Liar Mikecyc.. SSLee asked you a question this morning..

U avoided answering and running away..

Liar again?

Posted by Mikecyc > 17 seconds ago | Report Abuse

Haha 🐢 Konartist sslleee no raise yr head in Jaks … hahahaha

Mikecyc

46,940 posts

Posted by Mikecyc > 2024-01-24 08:26 |

Post removed.Why?

Mikecyc

46,940 posts

Posted by Mikecyc > 2024-01-24 08:29 |

Post removed.Why?

Mikecyc

46,940 posts

Posted by Mikecyc > 2024-01-24 08:34 |

Post removed.Why?

Mikecyc

46,940 posts

Posted by Mikecyc > 2024-01-24 08:38 |

Post removed.Why?

Mikecyc

46,940 posts

Posted by Mikecyc > 2024-01-24 08:47 |

Post removed.Why?

Mikecyc

46,940 posts

Posted by Mikecyc > 2024-01-24 08:53 |

Post removed.Why?

Mikecyc

46,940 posts

Posted by Mikecyc > 2024-01-24 09:03 |

Post removed.Why?

Mikecyc

46,940 posts

Posted by Mikecyc > 2024-01-24 09:08 |

Post removed.Why?

Mikecyc

46,940 posts

Posted by Mikecyc > 2024-01-24 09:10 |

Post removed.Why?

Mikecyc

46,940 posts

Posted by Mikecyc > 2024-01-24 09:14 |

Post removed.Why?

Mikecyc

46,940 posts

Posted by Mikecyc > 2024-01-24 09:16 |

Post removed.Why?

pang72

51,625 posts

Posted by pang72 > 2024-01-24 09:33 | Report Abuse

Inari $3.27 52 wks high..
Once broken, insas will fly to next level..

Accumulate as you can in this correction...

Slow slow or fast fast depends on market

Posted by WellnessAntiCancer > 2024-01-24 09:48 | Report Abuse

WILL YOU SELL?

Someone offers to buy your business in 2018. The buyer offers you for RM0.80 for every RM2.49 assets you have in business. You replied this is ridiculous!

You held on it 2024. Now the buyer is offering you RM1.27 for your entire business which is now worth RM3.56. During the 5 years, your business DOUBLED cash reserves to RM1.34 included in the RM3.56 total net assets.

Will you sell your PROFITABLE business for at deep discount? You may say the offer price has increased but so did your business assets. Shouldn’t I Sell my business for PREMIUM of say 1.3times, thus the price should be RM4.6 for every RM3.56 assets I own?

Posted by WellnessAntiCancer > 2024-01-24 09:48 | Report Abuse

Insas has Net assets increased from 2018 to 2023 from Net RM1,656 million to RM2,467million. That is 49% increase or 10% per annum increase.

Why will you sell Insas , the cash generating machine? What is the probability of assets value improving in 2025 and beyond?

Note: Caveat Emptor

Disclosure: I own Insas and INsas WC with intention to accumulate in near future.

Posted by WellnessAntiCancer > 2024-01-24 10:06 | Report Abuse

Now, we reverse it.

Someone is selling THEIR business for RM1.23 for their business which includes RM1.34 cash included in total assets RM3.56. A 65% discount. why would that seller offer such ridiculous asking price? Well, maybe the thought that last time was 0.80 sen, I didn’t sell, now it is RM1.23, I better sell. Or maybe need the fund for marriage, education, buy a home...many reasons.

Are you interested to buy before other buyers realise the almost 70% discounted price to business assets?

TheContrarian

9,507 posts

Posted by TheContrarian > 2024-01-24 10:06 | Report Abuse

Insas boh chow seeeeeeeeee.

Sslee

6,894 posts

Posted by Sslee > 2024-01-24 10:15 | Report Abuse

Stock market will never be an exact science otherwise all scientist is million or billionaire by now.

Markets can stay irrational longer than you can stay solvent." That is to say it is nearly impossible to predict the markets and those who try, may find themselves in over their head.

Remember no matter how right you think you are about a certain stock or trend, the market doesn't care ...

Those who take profit sold all or sold some will come back buying some when market cool down and price back to their target range.

No one is right or wrong in deciding to buy or to sell.
I wish all good luck.

By the way Insas indeed is deeply undervalued or people say unloved for many years. Dato Sri Thong, BOD and management team are working hard with integrity to continue building wealth into Insas.

TheContrarian

9,507 posts

Posted by TheContrarian > 2024-01-24 10:20 | Report Abuse

Insas long, long term target price remains at 6 ringgit.

Posted by WellnessAntiCancer > 2024-01-24 10:31 | Report Abuse

SS Lee ,

This is powerful statement that I agree.

"Markets can stay irrational longer than you can stay solvent.”

Thus, please as far as possible, avoid margin financing ie borrow using your shares as collaterals.

Anyone can be a stock picker, need not be good in business. But you need to be good entrepreneur, if you want to be a stock picker. (Warren Buffett)

SSLee is right, Stocks are businesses - an art not a science.

Posted by WellnessAntiCancer > 2024-01-24 10:33 | Report Abuse

Incidentally, research shows that Medical Doctors are the worse stock pickers on average.

Posted by WellnessAntiCancer > 2024-01-24 10:34 | Report Abuse

Medic doctors are science students

TheContrarian

9,507 posts

Posted by TheContrarian > 2024-01-24 10:39 | Report Abuse

Leno is doctor, hahaha.

Posted by WellnessAntiCancer > 2024-01-24 10:40 | Report Abuse

Always there is an exception. A scientist specialised in Math is Jim Simons. He is the MOST Successful hedge fund manager in history that even Warren Buffett acknowledged.

Find his interviews on Youtube but warning, he won’t tell his secret Math Formula..

General statements like Reversion to Mean

TheContrarian

9,507 posts

Posted by TheContrarian > 2024-01-24 10:41 | Report Abuse

Insas who selling today? Don't be shy to tell.

Posted by WellnessAntiCancer > 2024-01-24 10:41 | Report Abuse

Jim Simon is Multi Billionaire. He gave away too much back to society. Still superb wealthy

Posted by WellnessAntiCancer > 2024-01-24 10:45 | Report Abuse

SS Lee, if you found out Jim Simon’s secret formula, I will be so delighted to Yam Cha with you. haha.

You are very analytical and love your arguments backed by facts. Superb, bro.

Mikecyc

46,940 posts

Posted by Mikecyc > 2024-01-24 10:52 |

Post removed.Why?

leno

6,167 posts

Posted by leno > 2024-01-24 10:55 | Report Abuse

Some Dumb and Dumbers
Ignoramus, pathetic, useless
like to do inefficient works and non-effective action
know a bit, but tot know a lot

dunno wat u dunno recipe to disaster
know wat u dunno a step to action

i am the most intelligent, efficient and effective investor in the world
my result speak for my behalf

art is when u are too lazy or too dumb to find out the reason
probability is when we admit our weakness to improve our strength

now - THESE ARE THE REAL POWERFUL WORD OF WISDOM

but dumbhead will have hard time to digest ....

MUAHAHAHAHAHAHAHAHHAHA !!

INSAS RM 6 RINGGGGGIIITTTTTTTTTTTTTTTT !!!
INSAS RM 6 RINGGGGGGGGIITTTTTTTTTTTTTTTTT !!

Posted by wallstreetrookieNEW > 2024-01-24 10:57 | Report Abuse

Panic sellers all shaken out, buying Insas after lunch

Posted by wallstreetrookieNEW > 2024-01-24 10:58 | Report Abuse

Selloff is overdone

TheContrarian

9,507 posts

Posted by TheContrarian > 2024-01-24 11:02 | Report Abuse

Insas will go limit up after lunch time.

Posted by wallstreetrookieNEW > 2024-01-24 11:04 | Report Abuse

Selling volume almost fully absorbed; sellers as of now mostly comprise of retail traders. Institutional traders already offloaded at RM1.28 - RM1.35 levels

xiaoeh

2,754 posts

Posted by xiaoeh > 2024-01-24 11:13 | Report Abuse

无风不起浪,洞察不寻常 you start doing day trade buy low sell high?

speakup

27,069 posts

Posted by speakup > 2024-01-24 11:13 | Report Abuse

Alamak! Who sell? Sslee is it?

TheContrarian

9,507 posts

Posted by TheContrarian > 2024-01-24 11:15 | Report Abuse

@speakup, Mr Sslee only sells at higher price.

TheContrarian

9,507 posts

Posted by TheContrarian > 2024-01-24 11:17 | Report Abuse

Wall Street rookies led by Warren Buffett will be buying Insas after lunch (due to different time zone). Insas will go limit up.

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