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 8 hours ago

TheContrarian

9,507 posts

Posted by TheContrarian > 2024-01-28 20:06 | Report Abuse

I have one last batch of Insas to sell if price goes over RM1.40 . If it doesn't I probably be stuck with it for a year.

TheContrarian

9,507 posts

Posted by TheContrarian > 2024-01-28 20:10 | Report Abuse

Leno, if follow you I would not have been able to increase my original investment in Insas 5 folds.

TheContrarian

9,507 posts

Posted by TheContrarian > 2024-01-28 20:17 | Report Abuse

The hype in the past week has been Tong making a take over of Insas or at least
substantially accumulating. So, it's very disappointing that he didn't increase his rather small shareholding.

Income

12,468 posts

Posted by Income > 2024-01-28 20:17 | Report Abuse

And I fellow repost old tweets over and over again for more than 15 fuk kings years.
Every day dig through people past posts. Eat until stomach full and nothing to do then quarrel with all who Shoot Jaks and CapA.

Leno, you miss that fellow thick skin, operator and frequent guest of Pumping at Jln Alor.



Posted by leno > Jan 28, 2024 8:05 PM | Report Abuse

Remember
DO NOT FOLLOW ME
LATER U GET TRAP IN INSAS FOR ANOTHER 15 FAKKING YEARS.

I know 1 fellow who got trap in INSAS
buy 80 sen, sell 1.20
then buy 80 sen again and sell 1.20
for 10 years already
and still FAIL to make into TOP 30 !!

Another fellow
buy 80, sell 1.00, sell 1.08, sell 1.18
on top of that he wrote wrote long long letter
every year, for 10 fakking year
asking for more dividend
to NO AVAIL.
From Top 30, now he become BOTTOM 30

So, DO NOT FOLLOW THEIR MISTAKE
GETTING TRAP in low dividend stock
for 10 fakking year onli to wake up
to realise there actually so many high dividend stock to buy
without the need to write long long letter

I repeat !!
DO NOT REPEAT THEIR MISTAKE !!
DO NOT GET TRAP IN INSAS !!

INSAS RM 60 RINGGIT IS KAMBENGGGGGGGGGGG AAAAAAAAAAAAA !!

Income

12,468 posts

Posted by Income > 2024-01-28 20:20 | Report Abuse

Sorry typo

And one fellow repost old tweets over and over again for more than 15 fuk kings years.
Every day dig through people past posts. Eat until stomach full and nothing to do then quarrel with all here who Shoot Jaks and CapA. Rewind DVD every fuk kings day.

Leno, you miss that fellow thick skin, operator and frequent guest of Pumping at Jln Alor.



Posted by leno > Jan 28, 2024 8:05 PM | Report Abuse

Remember
DO NOT FOLLOW ME
LATER U GET TRAP IN INSAS FOR ANOTHER 15 FAKKING YEARS.

I know 1 fellow who got trap in INSAS
buy 80 sen, sell 1.20
then buy 80 sen again and sell 1.20
for 10 years already
and still FAIL to make into TOP 30 !!

Another fellow
buy 80, sell 1.00, sell 1.08, sell 1.18
on top of that he wrote wrote long long letter
every year, for 10 fakking year
asking for more dividend
to NO AVAIL.
From Top 30, now he become BOTTOM 30

So, DO NOT FOLLOW THEIR MISTAKE
GETTING TRAP in low dividend stock
for 10 fakking year onli to wake up
to realise there actually so many high dividend stock to buy
without the need to write long long letter

I repeat !!
DO NOT REPEAT THEIR MISTAKE !!
DO NOT GET TRAP IN INSAS !!

INSAS RM 60 RINGGIT IS KAMBENGGGGGGGGGGG AAAAAAAAAAAAA !!

Income

12,468 posts

Posted by Income > 2024-01-28 20:28 | Report Abuse

Monday… mad rush to the door 🚪???

Income

12,468 posts

Posted by Income > 2024-01-28 20:34 | Report Abuse

They are investors who held Insas for minimum 1 year or more.
Some are traders like Contrarians… short term traders



Posted by TheContrarian > Jan 28, 2024 8:10 PM | Report Abuse

Leno, if follow you I would not have been able to increase my original investment in Insas 5 folds.

xiaoeh

2,754 posts

Posted by xiaoeh > 2024-01-28 20:39 | Report Abuse

Leno 15yrs leh
how many 15yrs we have
luckily your 15yrs came into fruition

xiaoeh

2,754 posts

Posted by xiaoeh > 2024-01-28 20:40 | Report Abuse

Congrats Leno

TheContrarian

9,507 posts

Posted by TheContrarian > 2024-01-28 20:59 | Report Abuse

@Income, contrarians are not traders, they are medium term investors. They buy when no one wants, they watch quietly when people start buying, they sell when people get excited.

TheContrarian

9,507 posts

Posted by TheContrarian > 2024-01-28 21:01 | Report Abuse

Had Tong bought some Insas shares or warrants in the past week Insas would have guaranteed to climb up further tomorrow. Now it's isn't clear. It could go up or down or sideways.

TheContrarian

9,507 posts

Posted by TheContrarian > 2024-01-28 21:27 | Report Abuse

Leno from time to time speaks of having bought PM Corp for 8 sen or something like that. I never bought PM Corp at 8 sen but .
...... but, but I last sold my PM Corp at
around RM2.50. So, how long did PM Corp take to get from RM2.50 to 8 sen?

TheContrarian

9,507 posts

Posted by TheContrarian > 2024-01-28 21:41 | Report Abuse

Leno says she trapped 15 years in Insas never sold. I think Ah Thong trapped 50 years in Insas also never sold.

TheContrarian

9,507 posts

Posted by TheContrarian > 2024-01-28 21:42 | Report Abuse

But Ah Thong very smart because he took salaries and bonuses for 50 years.

TheContrarian

9,507 posts

Posted by TheContrarian > 2024-01-28 21:46 | Report Abuse

I really love Insas. My original investment in Insas went up five fold last week which means I made a gain of four fold, that's four times what I originally invested. Insas paling cantek.

TheContrarian

9,507 posts

Posted by TheContrarian > 2024-01-28 22:02 | Report Abuse

This year only 4 weeks I have sold only 4 counters, completely sold off my Kuchai, sold down some of my SBagan, sold down some of my Affin, sold down some of my Insas and today I checked my cash balance in my bank account, only RM450,000.

leno

6,167 posts

Posted by leno > 2024-01-28 22:37 | Report Abuse

Remember
Do not get trap in INSAS like Leno

From few thousands until become multiple millions
From a medical doctor, have to retired at 39 years old
and spend time with kids and family
cannot even tell what day
because everyday is holiday
Going vacation can only fly first class
Oh, How i miss economy class

So, please do not follow leno.
Or u will end up suffering like me.

Jobless, everyday need to go jogging
until got number 6 in international half marathon
do u know how intensive i need to train
do u know how far i need to run everyday,
how much weight i need to lift,
worse is to practice yoga
bending spine, splitting legs, rotating my neck
for WHAT ?

ALL BECAUSE I GOT TRAP IN INSAS !!
FAK U INSAS !!
😘
I LIKE.

TheContrarian

9,507 posts

Posted by TheContrarian > 2024-01-28 22:52 | Report Abuse

Got interesting full page article by Tong in the latest The Edge Weekly on page 60. Everyone should read it and understand Tong's state of mind at the moment.

TheContrarian

9,507 posts

Posted by TheContrarian > 2024-01-28 23:04 | Report Abuse

Mr Sslee made substantial gains on Insas and I am very happy for him. All of us are here to make money on Insas. Some people made a bit, some made more, doesn't matter so long as everyone made money. But some people are upset about it. Us making money doesn't mean these people lost money. If Leno makes more money than all of us combined we all should be happy for her. We are all together here making money in Insas except that wallstreetrookie who cut loss on Friday.

TheContrarian

9,507 posts

Posted by TheContrarian > 2024-01-28 23:06 | Report Abuse

Tong will definitely make money on Insas. His cost only 80 sen and he received 2.5 sen dividend. We all should also be happy for Tong.

TheContrarian

9,507 posts

Posted by TheContrarian > 2024-01-28 23:31 | Report Abuse

Way back in 2021 Insas was climbing up approaching satu ringgit. Leno here was rallying Insas satu ringgit, Insas satu ringgit, Insas cantek. It was a lot of fun as we all were cheering daily and then Insas broke through satu ringgit, broke through satu ringgit sekupang, then satu ringgit dua kupang. I sold off but I felt sad most didn't in particular Leno. Had Leno sold that time and later bought back when Insas dropped to 80 sen ......... had she sold that time ........ had she sold that time ........ wish we can turn back the clock.

Mikecyc

46,937 posts

Posted by Mikecyc > 2024-01-28 23:38 |

Post removed.Why?

TheContrarian

9,507 posts

Posted by TheContrarian > 2024-01-28 23:38 | Report Abuse

can write a lot these days because like Leno I also have retired but not long ago , only a couple of years ago. After I retired I have no income and depend only on the money I put into the stock market. Luckily Kuchai, SBagan, Affin and Insas shot up this month or else I will have no food on my plate.

TheContrarian

9,507 posts

Posted by TheContrarian > 2024-01-28 23:38 | Report Abuse

Mikecyc, don't leave us here. Stay with us.

TheContrarian

9,507 posts

Posted by TheContrarian > 2024-01-28 23:40 | Report Abuse

Stock market isn't about skill, isn't about smart picks, it's about luck. If lucky you make money, if not you hold for 15 years.

TheContrarian

9,507 posts

Posted by TheContrarian > 2024-01-28 23:58 | Report Abuse

Back in the late 1990s I was heavily into Second Board counters. I ended making over RM100,000 in just 4 months and bought a condominium with a nice sea view partially with cash and partially with a bank loan. The condominium today has a market value of over RM600,000.

TheContrarian

9,507 posts

Posted by TheContrarian > 2024-01-29 00:01 | Report Abuse

Today I am more passive when investing. Buy Insas 60 sen, hold until RM1.10, sell then buy back at 70 sen, hold until RM1.20, sell, then buy back at 80 sen and last week my average selling price was around RM1.30.

TheContrarian

9,507 posts

Posted by TheContrarian > 2024-01-29 00:08 | Report Abuse

Maybe this year Insas will go to RM6. That would be very good for those who hold Insas at that time. Hopefully your wish is fulfilled. Insas remains cantek. Six ringgit coming.

Sslee

6,894 posts

Posted by Sslee > 2024-01-29 07:32 | Report Abuse

TheContrarian,
I did not sold my Insas in 2021 because my TP then is RM 1.50

But Insas 2020 and 2021 annual report indicate Lee Hock Leong sold his Insas and bought Insas-WC in 2021.

As at 5 October 2020
THIRTY LARGEST SHAREHOLDERS
21. Public Nominees (Tempatan) Sdn Bhd 3,920,000 0.59
- Pledged Securities Account for Lee Hock Leong (E-PDG/SAN)

AT 30 SEPTEMBER 2021
THIRTY LARGEST WARRANTS HOLDERS
4. Public Nominees (Tempatan) Sdn Bhd 18,101,200 5.46
- Pledged Securities Account for Lee Hock Leong (E-PDG/SAN)

Sslee

6,894 posts

Posted by Sslee > 2024-01-29 07:35 | Report Abuse

By the way can Lee Hock Leong make profit start selling PMcorp in 2020?

LEE HOCK LEONG
REPORT DATE STOCK NAME NAME IN ANNUAL REPORT NUMBER (RATIO)
10/29/21 (2021) MKLAND 8893 ALLIANCEGROUP NOMINEES (TEMPATAN) SDN BHD PLEDGED SECURITIES ACCOUNT FOR LEE HOCK LEYONG 2117000 (0.175%)
10/30/20 (2020) INSAS 3379 Public Nominees (Tempatan) Sdn Bhd – Pledged Securities Account for Lee Hock Leong (E-PDG/SAN) 3920000 (0.59%)
10/30/20 (2020) PMCORP 4081 Public Nominees (Tempatan) Sdn Bhd – Securities Account for Lee Hock Leong 2394900 (0.34%)
10/31/19 (2019) PMCORP 4081 Public Nominees (Tempatan) Sdn Bhd – Securities Account for Lee Hock Leong 12796000 (1.81%)
10/31/19 (2019) INSAS 3379 Public Nominees (Tempatan) Sdn Bhd – Pledged Securities Account for Lee Hock Leong (E-PDG/SAN) 2661000 (0.4%)
10/31/18 (2018) PMCORP 4081 Public Nominees (Tempatan) Sdn Bhd – Securities Account for Lee Hock Leong 12796000 (1.81%)
10/31/18 (2018) INSAS 3379 Public Nominees (Tempatan) Sdn Bhd – Pledged Securities Account for Lee Hock Leong (E-PDG/SAN) 2650000 (0.4%)
10/31/17 (2017) INSAS 3379 Public Nominees (Tempatan) Sdn Bhd – Pledged Securities Account for Lee Hock Leong (E-PDG/SAN) 2530500 (0.38%)
10/31/17 (2017) PMCORP 4081 Public Nominees (Tempatan) Sdn Bhd – Securities Account for Lee Hock Leong 12796000 (1.81%)
Klse shareholdings by LEE HOCK LEONG in various shares listed in Bursa Malaysia. Please remind that these data extracted from yearly annual report and may consists of data error. For investing study purpose only.

UlarSawa

35,552 posts

Posted by UlarSawa > 2024-01-29 07:58 |

Post removed.Why?

leno

6,167 posts

Posted by leno > 2024-01-29 08:55 | Report Abuse

WARNING !
Dont get TRAP in INSAS like LENO
From few thousands until become multiple MiLLIONS.

INSAS
share issue 693 million

Net CASH RM 1 billion = RM 1.44 / share
other net Current liquid asset = RM 0.80 / share
own 552 million Inari shares = RM 1.6 BILLION (@rm3.00) = RM 2.30/ share
own 1 BILLION M&A shares = RM 380 million (@ 38 sen) = RM 0.54 / share

ALREADY Worth RM 5.08 / share
still not add in property, lands,
Omesti shares,
Microlinks shares,
Hohup shares,
DFX shares
Ocbc shares,
Igb shares,
Singapore shares,
China shares

YIWU Tech Funds

BEWARE !!
IF U BUY and GET TRAPPED UNTIL BECOME LIKE LENO
don't scold leno
for not able to fly economy class anymore

RM 60 RINGGIT is KAMBEENGGGGGGGG AAAAAAAAAAAAAAAAAAAAAAAA !!!

😘😘😘

TheContrarian

9,507 posts

Posted by TheContrarian > 2024-01-29 08:57 | Report Abuse

This time Insas ada Tong.

TheContrarian

9,507 posts

Posted by TheContrarian > 2024-01-29 09:13 | Report Abuse

Go, go, go Affin.

TheContrarian

9,507 posts

Posted by TheContrarian > 2024-01-29 09:13 | Report Abuse

Oops, wrong forum.

Sslee

6,894 posts

Posted by Sslee > 2024-01-29 09:15 | Report Abuse

In 2021 got accounting profit from deemed disposal gain due to Inari PP 10% inari share at RM 3.10

So far this year already sold 10 million Inari and 100 million M&A shares.
So if sell another 30 million Inari share then most likely recorded profit for Insas financial end 30/6/2024.

TheContrarian

9,507 posts

Posted by TheContrarian > 2024-01-29 09:21 | Report Abuse

@Sslee, Insas will slowly sell Inari every quarter to book realised gains. When Inari price is very low, Insas will even buy back.

TheContrarian

9,507 posts

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

Today Affin cantek, sold some Affin at 2.55.

TheContrarian

9,507 posts

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

Oops, wrong forum.

TheContrarian

9,507 posts

Posted by TheContrarian > 2024-01-29 09:27 | Report Abuse

Affin is also deeply undervalued. Why Tong never buy?

Sslee

6,894 posts

Posted by Sslee > 2024-01-29 09:34 | Report Abuse

TheContrarian,
Since bankers and brokers cap the borrowing, margin and some even upfront money to buy those hing PE and price to book stocks. Every undervalued stocks will have their turn where some big and small sharks goreng up the share price.

TheContrarian

9,507 posts

Posted by TheContrarian > 2024-01-29 09:36 | Report Abuse

@MrSslee, market sentiment has improved at the start of the year, undervalued counters will perform extremely well.

TheContrarian

9,507 posts

Posted by TheContrarian > 2024-01-29 09:38 | Report Abuse

To be honest Insas is looking very overbought, it needs to consolidate before going higher. Or it might drift down if game is over.

UlarSawa

35,552 posts

Posted by UlarSawa > 2024-01-29 09:50 |

Post removed.Why?

TheContrarian

9,507 posts

Posted by TheContrarian > 2024-01-29 09:58 | Report Abuse

Repco went above RM100, didn't it? Hwa Tai also.

TheContrarian

9,507 posts

Posted by TheContrarian > 2024-01-29 10:00 | Report Abuse

Back in the 1990s I used to sell Second Board counters above RM10 per share from time to time.

TheContrarian

9,507 posts

Posted by TheContrarian > 2024-01-29 10:09 | Report Abuse

Even not so long ago I exited Supermax at around RM25. I had held Supermax for about 15 years. My cost after two bonus issues was around 52 sen.

Sslee

6,894 posts

Posted by Sslee > 2024-01-29 10:09 | Report Abuse

Did not know it was so easy to make money in 1990s.

But I heard Philip lose his shirt, pant, underwear, sock and shoes betting on Halim Saad and Ting Pek Khing stocks.

TheContrarian

9,507 posts

Posted by TheContrarian > 2024-01-29 10:11 | Report Abuse

@MrSslee, must know to get out before the crash. It's like a cycle. Exit at the peak buy back at the bottom.

TheContrarian

9,507 posts

Posted by TheContrarian > 2024-01-29 10:12 | Report Abuse

I first entered the stock market in 1993 during the super bull run and was making RM2,000 weekly, then got caught by the big crash in January 1994.

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