In the annual report he only has 462k shares.. that is very sad for a CEO and how much money he has.. why he does not mind giving such bad dividend and does not care about share price…. Just gamble cash on investments
correct lor LOYAL shareholders give the blessing to GAMBLE with insas money mar nothing wrong what. Wong no force u to buy insas mar Wong only reward LOYAL shareholders with veri veri BIG ANGPOW every 5 years which can last many many many years .....
u dun wan get trap, nobody will care mar why ? who do u think u are ? u are nothing mar
INSAS RM 60 RINGGIT is KAMBEEEEEEEEENNGGG AAAAAAAAAAA !!
when u buy insas, u are passing your money to another fellow mar u are not giving money to ah thong or insas mar the dumb old dog buy 1 million shares why ? u think he give rm 1 million to ah thong aa ? why ah thong must listen to dumb old dog leh? he no receive any money from old dog mar.
Instead of sending him long long letter why old dog dont try sending money to ah thong house instead kakakakakakakakakak !!
this is basic investing 101 mar u dunno meh ?
INSAS RM 60 RINGGIT IS KAMBEEEEEEEEENGGGGGGG AAAAAA !!
Oh i got buy 1 million shares so, ah thong must listen to me now ah thong say - fak u lar
same goes with other share mar u dun like, u dun buy u like, then buy u got no money to buy dun tok kok in investment forum mar go work in indon spend less, save more, then maybe can buy some share
what i write will leave an uncomfortable sensation in your throat because these are all fact and hard truth.
where got i write i can predict top and bottom and yet still work until half dead baru mau retire. and still fail to make into top 30 in anything. Really got no shame lah. Even Warren Buffett also say he cannot predict share price.
MUAHAHAHAHAHAHAHA
INSAS RM 60 RINGGIT IS KAMBEEEEEEENNGGGGGG AAAAAAAAAAAAA !!
DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) : INTENTION TO DEAL DURING CLOSED PERIOD INSAS BERHAD
Subject Intention to Deal During Closed Period
No Salutation Name Designation Description Of "Others" Designation 1 DATO' Wong Gian Kui Others Chief Executive Officer / Executive Director Nature of Interest Direct Interest Description of Securities Ordinary Shares No of Securities Held 462,160 % of Securities Held 0.070 2 DATO' Wong Gian Kui Others Chief Executive Officer / Executive Director Nature of Interest Indirect Interest Description of Securities Ordinary Shares No of Securities Held 136,000 % of Securities Held 0.020 3 DATO' DR Tan Seng Chuan Executive Director Nature of Interest Direct Interest Description of Securities Ordinary Shares No of Securities Held 350,000 % of Securities Held 0.050 4 DATO' Wong Gian Kui Others Chief Executive Officer / Executive Director Nature of Interest Direct Interest Description of Securities Redeemable Preference Shares No of Securities Held 712,900 % of Securities Held 0.540 5 DATO' Wong Gian Kui Others Chief Executive Officer / Executive Director Nature of Interest Indirect Interest Description of Securities Redeemable Preference Shares No of Securities Held 119,800 % of Securities Held 0.090 6 DATO' DR Tan Seng Chuan Executive Director Nature of Interest Direct Interest Description of Securities Redeemable Preference Shares No of Securities Held 132,600 % of Securities Held 0.100 7 DATO' Wong Gian Kui Others Chief Executive Officer / Executive Director Nature of Interest Direct Interest Description of Securities Warrants 2021/2026 No of Securities Held 1,782,250 % of Securities Held 0.540 8 DATO' Wong Gian Kui Others Chief Executive Officer / Executive Director Nature of Interest Indirect Interest Description of Securities Warrants 2021/2026 No of Securities Held 299,500 % of Securities Held 0.090 9 DATO' DR Tan Seng Chuan Executive Director Nature of Interest Direct Interest Description of Securities Warrants 2021/2026 No of Securities Held 0 % of Securities Held 0.000
Announcement Info Company Name INSAS BERHAD Stock Name INSAS Date Announced 26 Jan 2024 Category Dealings in Listed Securities (Chapter 14 of Listing Requirements) Reference Number DLR-20102023-00037
DS Thong, his brother and their familly members officiay hold 32.96%. Thus Insas cannot do SBB without trigger the 33% MGO threshold
Dato' Wong and Dato' Dr Tan are dierector of Insas and also common director on some of insas unlisted Sdn Bhd companies with DS Thong.
Both are in a grey area whether they are considered as PAC of DS Thong hence they restrict themselves from buying more Insas.
Insas do not need the cash call RI with free warrants. DS Thong used the warrants as addition check pieces in safeguarding his interest in Insas.
As minority shareholders we can't do much except take some profit when Insas share spike up.
If you intent to do somethings for minority shareholders then you need to accumulate 5% as substantial shareholder and make you intention clear to DS Thong.
Thanks @sslee, I do like the way you deliver fact based assessments. As you outline everything is stuck and that I assume is why the market does not give insas a good share valuation compared to assets. How will adding more assets at a share discount valuation of 60% help ? Cash at bank has a discounted valuation, so does inari and m&a let alone other valuable assets. All at a minimum 60% discount to share price. If they go invest rm1 billion will market just value as 400 million as market sees shareholding and control as an issue like they always have ?
like i said share market is not a WEIGHING machine share price is not some physical measurement of company values it is not a thermometer or barometer, a 100 degree boiling water at sea level is a boiling water. Do not try putting your dumb head into it.
IF market can put 10 % value one second and 1000% another second we know we are dealing with different animals.
like i said - u dont like insas u are free to invest in low-cash high-debt company
INSAS RM 60 RINGGIT is KAMBEEEEENNGGGGGGGGGGG AAAAAAAAAAA !!
so, today we meet another dumb fellow i dunno how old, but i am very sure about the dumb part
market will give discounted valuation on cash of the company if company got RM 1 billion cash, market will discounted it to RM 0.4 billion only.
so, it is better to invest in low-cash high-debt company mar if the company got RM 1 billion debt, market will discounted it to o.4 billion debt this is all in his mind playing trick on his dumb brain lor.
AND if he happen to currently hold the shares, he will claim market will discounted the 1 billion debt to become 1 billion kg gold bar instead.
the part of share price is NOT a WEIGHING MACHINE is understated by many people. They dont fully understand this powerful statement.
If u keep looking at the quoted share price by someone u dunt even know u will start to make up excuse and reason for it. oh ... it is because of this no ... it is because of that
i say insas RM 1,22 because i kentut 3 times this morning can u disprove it ? i can prove it by showing u the current price is 1.22 therefore my kentut is really working. How leh ?
INSAS RM 60 IS KAMBEEEEEEEEEEENG AAAAAAAAAAAAAAAAAAA !! DONT MISS THIS KAMBENGGGGGGGGGG AAAAAAAAAAAAAAAAAAA !!
The problems is because the white man and the book say:
Definition: Intrinsic value is the Present value of the investment of all the expected cash flow over the lifetime discounted at the appropriate discount rate.
Intrinsic value = (CF1/ (1+d)^1) + (CF2/(1+d)^2) + ----- +(CFn/(1+d)^n)
Where: CF = Cash Flow in the Period d = Discount rate n = The period number This Intrinsic value is actually a Discounted Cash Flow (DCF)
Hence people only look into the forward cash flow or PE and value CapA aviation: Kenanga Research values Capital A’s airline assets at RM2.5 billion based on 10 times the group’s forward price-earnings ratio (PER) for the financial year ending Dec 31, 2024 (FY2024).
Maybank IB Research’s Yin ascribed a much higher valuation of RM5.47 billion, or 91 sen per share based on a forward PER (FY2024) of eight times.
And totaly ignore the RM 10 billion liabilities in the book.
Similarly people value Insas as forward PE 5 to 10 X and totally ignore the RM 1 billion+ cash in the book.
Those who have sold Insas at 1.25, at 1.28, at 1.34 ....... it was entirely their own decision to sell. Those who haven't sold Insas ....... it's also entirely their decision not to sell ........ Those who plan to hold until six ringgit, again it's entirely their own decision.
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
leno
6,145 posts
Posted by leno > 2024-01-29 22:18 | Report Abuse
try look inside the toilet ...