Posted by leno > 2024-01-29 22:18 | Report Abuse

try look inside the toilet ...

Posted by Tatooine > 2024-01-29 22:26 | Report Abuse

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

Posted by leno > 2024-01-29 22:32 | Report Abuse

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 !!

😘😘

Posted by leno > 2024-01-29 22:37 | Report Abuse

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 !!

😘😘

Posted by leno > 2024-01-29 22:47 | Report Abuse

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

MUAHAHAHAHHAHAHAH !!

Posted by leno > 2024-01-29 22:53 | Report Abuse

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 !!

😚😚

Posted by leno > 2024-01-29 22:55 | Report Abuse

later sure got dumb fellow claim i predict insas RM 60 ringgit is kambeng.
name also Dumb - no surprise one mar.

MUAHAHAHAHAHAHAHHAH !!

INSAS RM 60 RINGGIT IS KAMBEEEEEEEEEEEEENGGGGGGGGG AAAAAAAAAAAA !!

😘😘

Posted by Sslee > 2024-01-30 08:17 | Report Abuse

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

Posted by Sslee > 2024-01-30 08:32 | Report Abuse

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.

Posted by TheContrarian > 2024-01-30 08:39 | Report Abuse

Spot on Mr Sslee.

Posted by Tatooine > 2024-01-30 08:51 | Report Abuse

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 ?

Posted by Income > 2024-01-30 08:58 | Report Abuse

Today can get Lobster 🦞 or not?

Posted by leno > 2024-01-30 09:13 | Report Abuse

correct lor
long long time ago some dumb old man
suggest insas buy back shares
insas buy back share
and the price 80 sen drop to 60 sen

then come another dumber old man
suggest ah thong buy more insas share
ah thong buy until maximum
and insas 60 sen drop to 40 sen

fast forward to today
come one Dumbest old man
suggesting give waiver to ah thong
to buy share without trigger MGO

like i say - DUMB people is Limitless

INSAS RM 60 RINGGIT IS KAMBEEEEEEEEENGGGGGGGG AAAAAAAAAAAAA !!

😘😘

Posted by leno > 2024-01-30 09:21 | Report Abuse

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 !!

Posted by leno > 2024-01-30 09:35 | Report Abuse

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.

WOW !
😉😉

Posted by leno > 2024-01-30 09:48 | Report Abuse

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 !!

😁😁

Posted by Sslee > 2024-01-30 10:08 | Report Abuse

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.

Posted by Sslee > 2024-01-30 10:20 | Report Abuse

Yes
The only way to unlock insas value is to use the RM 1 billion cash to invest in new business and generate more income and net profit.

Posted by 无风不起浪，洞察不寻常 > Jan 30, 2024 10:14 AM | Report Abuse
如果把梦做得深，Insas 有本事物色得国际顶级 AI 公司 ，合伙成立一家能够大事发展的科技生意，才有足够足使股价推上几倍以上。

Posted by Sslee > 2024-01-30 10:32 | Report Abuse

So if you want to win big in stock market go and find those stocks that have sudden profit growth catalyst. (Case in point ytlpower)

Posted by xiaoeh > 2024-01-30 12:06 | Report Abuse

只怪世间太少有心人
却有太多有情人

Posted by Mikecyc > 2024-01-30 12:11 |

Post removed.Why?

Posted by TheContrarian > 2024-01-30 12:11 | Report Abuse

Go, go, go Affin.

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

Oops, wrong forum.

Posted by Sslee > 2024-01-30 12:14 | Report Abuse

I trade armada and even jaks for my free bintang beer and lobster. Only someone sooooo dumb to dumb dumb hold jaks and capA.

Posted by Sslee > 2024-01-30 12:18 | Report Abuse

TheContrarian,
Any other stocks worth buying. My cash is still in my trading account and still searching what to buy next.

Posted by TheContrarian > 2024-01-30 12:21 | Report Abuse

I bought Affin last year, my average cost RM1.89. Affin is also a deeply unvalued value trap like Insas.

Posted by TheContrarian > 2024-01-30 12:22 | Report Abuse

We need to do our own homework because each of us has our own timeline. Some people are impatient, some buy to hold 15 years.

Posted by TheContrarian > 2024-01-30 12:23 | Report Abuse

I held Supermax for 15 years, haha.

Posted by Mikecyc > 2024-01-30 12:26 |

Post removed.Why?

Posted by Mikecyc > 2024-01-30 12:35 |

Post removed.Why?

Posted by TheContrarian > 2024-01-30 12:39 | Report Abuse

Mikecyc, CNY coming, be merry, be happy.

Posted by speakup > 2024-01-30 12:41 | Report Abuse

Continue Hold!
Mr Tong no sell why u sell? Kan

Posted by Mikecyc > 2024-01-30 12:45 |

Post removed.Why?

Posted by Mikecyc > 2024-01-30 12:46 |

Post removed.Why?

Posted by klee > 2024-01-30 12:48 | Report Abuse

told u all ady,ular here means susah ady

Posted by TheContrarian > 2024-01-30 12:52 | Report Abuse

@speakup, Tong is already showing paper loss on his Insas-WC. Tong holds so little in Insas , at one time I held more than him.

Posted by Mikecyc > 2024-01-30 12:54 |

Post removed.Why?

Posted by TheContrarian > 2024-01-30 13:00 | Report Abuse

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.

Posted by TheContrarian > 2024-01-30 13:02 | Report Abuse

Simple decision whether to sell Insas or not also some people can't make.

Posted by Mikecyc > 2024-01-30 13:03 |

Post removed.Why?

Posted by Mikecyc > 2024-01-30 13:06 |

Post removed.Why?

Posted by TheContrarian > 2024-01-30 13:33 | Report Abuse

@Lam, calm down. Let these insane promoters be. They just want to con newbies.

Posted by Mikecyc > 2024-01-30 13:42 |

Post removed.Why?

Posted by TheContrarian > 2024-01-30 14:27 | Report Abuse

Mikecyc, I just realized that you have made 41,985 postings in i3investor. Wow! Just 15 more to hit 42,000.

Posted by Income > 2024-01-30 14:42 | Report Abuse

All MikeCC posts are past records, yet he posts again and again and again until his IC cut into 2 pieces by JPN … only then he stops??????



Posted by TheContrarian > Jan 30, 2024 2:27 PM | Report Abuse

Mikecyc, I just realized that you have made 41,985 postings in i3investor. Wow! Just 15 more to hit 42,000.

Posted by Income > 2024-01-30 14:53 | Report Abuse

You know what.
When the fighting started, he will hide inside his cave. Hahahaha

Posted by Income > 2024-01-30 14:56 | Report Abuse

What I mean is when someone calls Rm60.00, where is he now… hiding in the cave???
Hahahaha

Posted by TheContrarian > 2024-01-30 14:57 | Report Abuse

It's time to ignore that cat. Doesn't contribute anything to Insas forum here.

Posted by TheContrarian > 2024-01-30 14:59 | Report Abuse

I have been telling Mikecyc not to keep repeating the past.

Posted by speakup > 2024-01-30 15:35 | Report Abuse

Pity those sell cheap