Those that sold SKPres for the small preCNY angpow and bought back should be smiling with more than 10% gain today. And it is still within the 15 days of CNY. Gong Xi Gong Xi. ✌️
These soorhaiiii naysayers talk nothing good in this insas thread loh! A good example is this kon mike loh.....what good did he says about Insas leh ??
U see pea brain like him can only talk kook but cannot contribute any quality discussion loh!
But Raider & gang remain optimistic on this insas just base on insas fundamental facts bought about 2m units of insas an average cost of rm 1.15 per units & now siting on an unrealized gain of Rm 130k just over less than 7 trading days loh!
Stop saying that Insas is a value trap loh....there nothing fundamental wrong with investing with deep margin of safety mah!
Simple common sense loh!
U pay Rm 1150 for a potential intrinsic value of Insas of Rm 6.00 mah!
How can u go wrong leh ???
So stop talking kook & just stick to the fundamental of insas mah!
THE TRUE FUNDAMENTAL STRENGTH OF INSAS & HOW TO CAPITALIZE ON IT MAH ?
Beside picking the right stock, u need a good strategy to manage your initial successful stock pick mah!
u think Insas is going to move up to Rm 1.50 to Rm 2.00 soon, & u know Insas should be worth at least Rm 4.33 base on Edge Tong conservative valuation n in which insas has huge margin of safety loh!
What u should do is allocate substantial resources to insas in order to get rich safely & steadily loh!
The correct approach for insas are as follows loh!
1. Allocate substantial investable assets into insas, say u have Rm 1m.....u must invest at least 30% @ Rm 300k into Insas loh! 2. Allocate substantial of your future saving by investing insas more loh! For example U n your wife earn Rm 20k a month & u can save Rm 6k a mth...........thus u should invest in insas Rm 18k every 3 mths loh! Raider suggest this Rm 18k is a comparative smaller sum, thus u should allocate this savings fund just for investing in insas-w to maximise exposure loh!
Having done that, u will on the route of great wealth loh! But u must monitor Insas share price to ensure that u have adequate margin of safety loh....Raider suggest u stop putting more money into insas when it hit above Rm 3.20 mah! And u may consider sell a small % of insas slowly when it trade above Rm 3.80 loh!
The above r the right way of investing in insas & raider follower ahfah the queen of investment in Pasar Pudu adopt this method & gain substantial wealth without taking excessive risk loh!
Ahfah proudly tell her fellow vegetable sellers this loh!:
"I have make about Rm 200k profit just investing in insas & its warrant within 3 mths loh! Just imagine how much i need to sell vegetables, if i make rm 1 per kg from vegetable, that will be 200,000 kg or 200 tonnes loh!"
"Good share management & investment tech is very important if we want to accumulate substantial wealth sustainably & i would like to thank General Raider for that mah!"
What are the strong point investing insas in a nutshell leh ?
Very Good Observations by Raider good old friend Probability mah!
True mah.....Insas is cash rich with more than Rm 1 billion net cash, why Insas need to sell more M&A and Inari recently to raise significantly more cash leh ?
The answer is Thong will like to Use Insas as a vehicle to privatise the Group for the benefit Thong family to benefit his next generation loh!
Without the Strong forces from the mkt.....Thong will be able to privatise Insas at Rm 2.20 to Rm 3.00 compare to Insas intrinsic value of Rm 7.00 to Rm 8.00 loh!
Thus it is very important for insas shareholders to get the valuation of insas right mah!
Many prominent value investors value insas differently loh!
1. Sifu Sslee Target Rm 1.50. 2. Insas Eps 18.2 @ pe 12x = Rm 2.20. 3.Ahmoi the best friend of Ahfah in Pasar Pudu Rm 3.00. 4. Nta of insas exclude all the potential hidden gain Rm 3.56 5. Ahfah the investment queen in pasar Pudu Rm 3.90 to Rm 4.80 6. Tong Kooi Ong of Edge Rm 4.33 7. Leno Rm 6.00 and Rm60.00 8. General Raider Rm 7.00 to Rm 8.00
On what occasion should Insas be value at around Rm 7.00 to Rm 10.00 leh ?
When there is a hostile sizeable investors coming in loh!
Sizeable means investors willing to buy more than 20% of insas share & to be a business partner to Thong loh!
Who r the sizeable partner willing to fork up so much monies of more than Rm 250m just to buy 20% of insas leh ??
It should be a value investors who understand Insas type of business n a good fit is Edge Tong & his allies loh!
It could Raider & Gangs with support of Tycoon behind the scene supporting & financing the deals loh!
Base on raider & gang matrix , the big investors is accumulating big in insas at rm 1.26 and warrants Rm 0.45, the funds require purchase 20% exposure will be Rm 250m loh!
This work out to a cost of roughly Rm 1.80 per share compare to the potential intrinsic value of insas Rm 7.00 to Rm 10.00 loh!
Raider You went bankrupt and Calvin helped you. Each and every person inside i3 forums knows this.
Thats why you helped Calvin in the NetX dodgy deal. Now you again help Calvin, defending against 3iii.
Its time for you to stop hammering in those coffin nails into Calvin's coffin. Calvin will be buried without your help. You help Calvin = Means Calvin is guilty, everyone knows this.
General Raider & Calvin Tan are Great Allies bcos we share many common success criteria mah!
Btw Calvin Tan has knack of picking great stocks, thus in order to be successful u should careful go thru Calvin Usual Great Pick & pick some to follow mah!
INSAS is a pure Benjamin Graham stock If u no follow Graham teaching do not get TRAP in INSAS
To understand Graham we must be very very intelligent we must be sincere and honest to ownself
10 years writing useless letter, sign of not very clever 60 plus still spend time in indon instead of visiting New Zealand also signs of not very intelligent
self claim can predict top and bottom this one kaki kong kaki song signs of unmatured brain or maybe early alzheirmer
Graham ways of value investing also need COURGAGE in CHAOS and CALMNESS in HAVOC
Those without these, also known as Pundan should not get TRAP in INSAS
Just continue investing in Blue chips Blue chips also can make money although less than Leno yet u cannot blame your inferiority genetic on Graham
Traders can forget about INSAS Speculators also should not touch INSAS Go make money in trading and speculating stocks
Therefore, do not get TRAP in INSAS go buy other stocks other stocks also can make money, even more money
Insas is at the PEAK feel free to wait at 86 sen or 60 sen no pressure, only if u are not trap in INSAS
INSAS is LENO ONLY STOCK just sit back and watch leno suffer in INSAS stock RM 60 RINGGIT is close to KAMBENGGGGG !!
Repost: Someone likes eavesdropping but very poor in english, can't understand what is figuratively, literally or sarcastically speaking (pariaa country, pariaaa ppl, pariaaa food …) thus keep twisting and turning other people word into an insulting spiteful attack.
For the record someone eavesdropping my advise/conversation with stockraider in Netx and Insas forum and since then keep twisting and turning my advise to stockraider as kon, attention seeker and etc.
Allow me to repost: 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 multiple in valuation Example: CapA's 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 totally ignore the RM 10 billion+ net liabilities in the book.
Similarly people value Insas as forward PE 5 to 10 X and totally ignore Insas: FD: RM 938,066,000 Cash and bank balances:RM 154,302,000 Associate company 527,008,575 Inari shares and subsidiary company 1,115,718,665 M&A shares. Financial assets at fair value through profit or loss RM 228,481,000 Trade receivables: RM 517,332,000 of which RM 282,235,000 is loans receivables by Insas Credit & Leasing Sdn Bhd Or NAPS: RM 3.56
Hence in order to win big in share market you need to look for company with sudden growth catalyst that will increase the forward earning multifolds, a multibagger stock in the making (case in point Ytlpower)
Or Growth stock that show yearly revenue and earning increase.
PS: Insas need to employ its cash hoard into new business/investment to generate more earning or else Insas will be forever a value trap.
I view all stocks like pure math, with its price action #. INSAS is still now at A1 in IM, Intermission wave = the down time period to de-risk hopefully. am watching u.,.
By the way. My jayatiasa book gain % already overtake my Insas book gain %.
I am looking forward to both Insas and Jayatiasa quarter end 31/12/2023 financial result and expecting jayatiasa to perform well and give another dividend.
As of Ytlpower, I sold it too early as I do not expect the huge/suden earning from Singapore power generation is sustainable and the Johor AI data centre will take some years to turn in a profit.
dear sifu Sslee, my MU engine junior in Chem from Kedah. we were 1 of the only top 80 cina in the country then, many can envy only.,. i know how u feel facing pure iliots, the total failures in the nation.
HUMBLE we must be always. LESS IS MORE text less n make MORE money in A1 stocks at right timing.,.
correct lor .. if only the old man has reduce insas and put more in JTiasa he will never need to write letter every year lor there is a good reason why a stock refuse to perform no point keep hoping and wasted opportunity in other better performing stock like Jtiasa or many similar stock fool once u are not clever kena fool twice, u better go jump selat melaka
Time to untrap yourself sit back and beat INSAS with better stock then u can laugh at leno few weeks or few months from now.
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....
TheContrarian
9,507 posts
Posted by TheContrarian > 2024-02-15 15:14 | Report Abuse
Go, go, go KPS.