Posted by leno > 2024-02-22 16:53 | Report Abuse

kambeng .... not kancil.

INSAS RM 60 RINGGIT is KAMBENG.

🐏🐑🐐

Posted by Zazzyy > 2024-02-22 17:24 | Report Abuse

where is the dog leading the ksmbing ?

Posted by WellnessAntiCancer > 2024-02-22 22:54 | Report Abuse

Malaysia ringgit is at 26 year weakness level against US$. While Malaysia economy grew 3.7% in 2024 vs Singapore at 1.1%, there is a silver lining.

Makes our export oriented machine economy more competitive. Semiconductors sector will benefit tremendously . Not to mention our Palm Oil, Oil & Gas, Tourism sectors all stand to gain very well.

Imports are costly but it discourages durable goods like EV cars, Overseas holidays and luxury goods. However, our imports primarily consists of Machineries needed to produce goods for exports like Semiconductor are one off painful purchases.

Weak ringgit are good for exporters like Inari, Uchitech (99% exports), MPI.

Be greedy when others are fearful. (Warren Buffett)

NOte: currencies cannot fall forever.

Source: Nikkei Asia, 2023, Malaysian ringgit wobbles in face of political uncertainty, China woes, visited site on 22 Feb 2024.

Posted by TheContrarian > 2024-02-23 11:16 | Report Abuse

Forum here so quiet today, like calm water before the waterfall?

Posted by TheContrarian > 2024-02-23 11:19 | Report Abuse

I will forever hold one share in Insas in case one day it goes to RM60, then I can say I sold it at RM60.

Posted by leno > 2024-02-23 13:07 | Report Abuse

Brilliant move.
No wonder this old man predict top and bottom.
Keep it up.

At least everyone knows
when he claim to sell high in bimb, cepat, kpj
or whatever stocks
he means he sold one share.

No wonder
he said he never make into Top 30 in anything.
This old man say himself one okay.

INSAS RM 60 RINGGIT IS KAMBENGGGGGGG AAAAAAAAAAAAAA !!

😘😘

Posted by leno > 2024-02-23 13:10 | Report Abuse

Always look at The Chart
Peak 1.24
waterfall coming
90, 85 and 60 sen

Come visit and laugh at LENO in ICU next week or next month.

INSAS RM 60 RINGGIT IS KAMBENGGGGGGG AAAAAAAAAAAAAA !!

😘😘

Posted by Sslee > 2024-02-23 14:13 | Report Abuse

Leno,
Be careful with what you wish for it might come true.

Posted by leno > 2024-02-23 14:16 | Report Abuse

LENO wish always come TRUE one.

INSAS RM 60 RINGGIT IS KAMBENGGGGGGGGG AAAAAAAAAAAAAAAA !!

😘😘

Posted by leno > 2024-02-23 14:18 | Report Abuse

now, go back to your TiuNiaSeng stock.
Only Come and visit LENO at 90, 85 and 60 sen.

INSAS RM 60 RINGGIT is KAmBENGGGGGGGG AAAAAAAAAAAAA !!

😘😘

Posted by TheContrarian > 2024-02-23 14:44 | Report Abuse

Go, go, go BIMB.

Posted by TheContrarian > 2024-02-23 14:44 | Report Abuse

Oops, wrong forum.

Posted by speakup > 2024-02-23 16:13 | Report Abuse

Leno sold all already that why he wan it drop to buy back cheap

Posted by TheContrarian > 2024-02-23 17:41 | Report Abuse

Anyone bought Insas today? Don't be shy to tell.

Posted by Income > 2024-02-23 18:51 | Report Abuse

Dino 🦕 went hiding in Jurassic Park???

Posted by Income > 2024-02-23 19:03 | Report Abuse

Sslee Sir,
Please explain in simple words… because I don’t understand below…

(ii) All unexercised Warrants 2015/2020 rights remaining in the depositor’s CDS Account as at 5.00 p.m. on the Expiry Date will expire and all unexercised Warrants 2015/2020 will be debited from the respective depositor’s CDS Account on Wednesday, 26 February 2020.







Meaning, all unexercised Warrants will be taken out from depositor’s CDS Account if they still don’t want to convert to mother shares… is this the meaning??? Rugi lah if no money to convert to mother shares???

Posted by leno > 2024-02-23 19:43 | Report Abuse

it depends on type of warrants
WC will automatically converted to mother share after 1 week of expiry
no need to pay anything.

😘😘

Posted by TheContrarian > 2024-02-23 19:44 | Report Abuse

Posted by TheContrarian > 1 month ago | Report Abuse

Took some profits at 1.34.

Already one month since I took profits at 1.34. When can go back to 1.34?

Posted by Income > 2024-02-23 20:02 | Report Abuse

U are the REAL SIFU BECAUSE YOU CAUGHT THE TOP…





Posted by TheContrarian > Feb 23, 2024 7:44 PM | Report Abuse

Posted by TheContrarian > 1 month ago | Report Abuse

Took some profits at 1.34.

Already one month since I took profits at 1.34. When can go back to 1.34?

Posted by Sslee > 2024-02-23 22:16 | Report Abuse

Debited from the respective depositor’s CDS Account mean taken out as oppose to credited mean put into respective depositor’s CDS Account

Details
The Warrants will be constituted by the Deed Poll. The Warrants which are to be issued with the Rights RPS will immediately be detached from the Rights RPS upon issuance and allotment and will be traded separately on Bursa Securities.

Exercise price
RMO.90 per Warrant.
The exercise price and the number of Warrants in issue during the Exercise Period shall be subject to adjustments under circumstances prescribed in the Deed Poll and in accordance with the terms and provisions contained therein.

Exercise period
The Warrants may be exercised at any time during the tenure of 5 years commencing from the issue date of the Warrants until 5.00 p.m. on the expiry date. If such expiry date is not a market day,
then it shall be the market day immediately preceding the said non￾market day.
The rights attached to the Warrants which are not exercised during the Exercise Period will thereafter lapse.

Mode of Exercise
The holder of Warrants is required to lodge an exercise form with our Company's Share Registrar/any other appointed agent, duly completed and signed together with payment of the exercise price for the Warrants, by banker's draft or cashier's order drawn on a bank in Malaysia.

Alternatively, holders of the Rights RPS who are also holders of the Warrants may surrender the Rights RPS held by them for cancellation at 100% of the issue price of the Rights RPS in lieu of the exercise price of the Warrants. The exercise of the Warrants by the Warrant holders who are also the Rights RPS holders will still require the exercise form to be lodged by the Warrant holders with our Company's Share Registrar or any other appointed agent, duly completed and signed but will not require any cash payment.

The difference between the exercise price of the Warrants (or the adjusted exercise price of the Warrants in accordance with the terms and provisions of the Deed Poll, as the case may be) and the issue price of the Rights RPS shall be repaid by our Company within 1 month from the date the Warrant holder exercising his Warrant, by way of cheque or such other method as our Board may specify.

Exercise Right
Each Warrant entitles the registered Warrant holder to subscribe for 1 new Insas Share at the exercise price of the Warrants during the Exercise Period and shall be subject to adjustments under
circumstances prescribed in the Deed Poll and in accordance with the terms and provisions contained therein

Posted by Sslee > 2024-02-23 22:31 | Report Abuse

Adjustments in the exercise price and/or number of Warrants

Details
The number and/or exercise price of the Warrants held by each Warrant holder may from time to time be adjusted in the event of any alteration to the share capital of our Company in accordance with the provisions as set out in the Deed Poll

Posted by Sslee > 2024-02-23 22:49 | Report Abuse

irredeemable convertible preference shares ("ICPS")
irredeemable convertible unsecured loan stock ("ICULS")

Above on maturity date will not be redeemed but automatic converted to share based on the predetermined conversion ratio.

Posted by xiaoeh > 2024-02-23 23:16 | Report Abuse

wah..................
Sslee sifu can u explain in layman terms...?
1) once expired will wc automatically converted to mother share?

Posted by Income > 2024-02-24 02:07 | Report Abuse

I really don’t understand what mumbo jumbo of the Bursa cut and paste above.


Sslee sifu can u explain in layman terms...?
1) once expired will wc automatically converted to mother share?

Posted by Income > 2024-02-24 02:12 | Report Abuse

Sslee Sifu,
all unexercised Warrants will be taken out from depositor’s CDS Account if the warrant holder still don’t want to convert to mother shares… is this the meaning??? Rugi lah if no money to convert to mother shares???

Is that the correct answer?

Posted by Balian de Ibelin > 2024-02-24 02:29 | Report Abuse

Once you see the word warrants,
you need to fill up a form within validity period before expiry.
Warrants must always be exercised by physical signature or digital signature.
Warrants are always useless after expiry.

Company has no right to reject any legal warrants exercise.

warrants are never automatically converted.

Posted by Income > 2024-02-24 06:11 | Report Abuse

Posted by Balian de Ibelin > Feb 24, 2024 2:29 AM | Report Abuse

Once you see the word warrants,
you need to fill up a form within validity period before expiry.
Warrants must always be exercised by physical signature or digital signature.
Warrants are always useless after expiry.

Company has no right to reject any legal warrants exercise.

warrants are never automatically converted.



Thank you Balian Sir,
You have answered my questions.

Posted by Income > 2024-02-24 06:15 | Report Abuse

Balian Sir, do you play forex. Is forex easier to make money than playing Bursa?



Posted by Josephjob > Feb 24, 2024 3:39 AM | Report Abuse

I'm very excited to this platform, I took this as a chance to appreciate her good skill by recommending her, Melissa Valdez fx, to everyone, she made me $40,000 after Investing $3,000, her guidance brought me financial success. I still remain grateful to her amazing platform, If you are a beginner I will advise you to invest with Melissa Valdez and crypto, on WhatsApp +1 978 566 1833 or IG @melissa_valdezzfx

Posted by Sslee > 2024-02-24 07:02 | Report Abuse

Type: Warrants
Sector:
Listing Date: Mar 05, 2021
Maturity Date: Feb 28, 2026
Issue Size: 331,510,380
Exercise Price: MYR 0.90
Ratio: 1:1
Underlying Stock: INSAS

Insas-WC.
Date Open Range Close Change Volume
23/02/2024 0.395 0.375 - 0.40 0.38 -0.015 (3.80%) 3,906,700

Insas.
Date Open Range Close Change Volume
23/02/2024 1.23 1.17 - 1.23 1.18 -0.04 (3.28%) 3,388,700

So yesterday Insas-WC trade at premium of 0.38 - (1.18 - 0.9) = RM 0.1

Since the rights attached to the Warrants which are not exercised during the Exercise Period will thereafter lapse. Mean all Insas-WC will become worthless after the maturity/expired date if not exercise.

Thus when near expired date Insas-WC will trade at discount. Meaning if mother share is at RM 1.00 then most likely Insas-WC will trade at RM 0.06

Those bought WC at 6 sen must have capital to pay insas 90 sen to convert Insas-WC to Insas. His cost is now 96 sen and hope when the new insas share credited into his CDS account the Insas price can still maintain at RM 1.00 so that he can make a profited of RM (1-0.96) = RM 0.04

Posted by Income > 2024-02-24 07:09 | Report Abuse

Sslee Sir, you are correct. Thanks for the explanation.



Posted by Sslee > Feb 24, 2024 7:02 AM | Report Abuse

Type: Warrants
Sector:
Listing Date: Mar 05, 2021
Maturity Date: Feb 28, 2026
Issue Size: 331,510,380
Exercise Price: MYR 0.90
Ratio: 1:1
Underlying Stock: INSAS

Insas-WC.
Date Open Range Close Change Volume
23/02/2024 0.395 0.375 - 0.40 0.38 -0.015 (3.80%) 3,906,700

Insas.
Date Open Range Close Change Volume
23/02/2024 1.23 1.17 - 1.23 1.18 -0.04 (3.28%) 3,388,700

So yesterday Insas-WC trade at premium of 0.38 - (1.18 - 0.9) = RM 0.1

Since the rights attached to the Warrants which are not exercised during the Exercise Period will thereafter lapse. Mean all Insas-WC will become worthless after the maturity/expired date if not exercise.

Thus when near expired date Insas-WC will trade at discount. Meaning if mother share is at RM 1.00 then most likely Insas-WC will trade at RM 0.06

Those bought WC at 6 sen must have capital to pay insas 90 sen to convert Insas-WC to Insas. His cost is now 96 sen and hope when the new insas share credited into his CDS account the Insas price can still maintain at RM 1.00 so that he can make a profited of RM (1-0.96) = RM 0.04

Posted by Sslee > 2024-02-24 07:12 | Report Abuse

Posted by leno > Feb 23, 2024 7:43 PM | Report Abuse
it depends on type of warrants
WC will automatically converted to mother share after 1 week of expiry
no need to pay anything.

😘😘

My friendly advise to leno:
Please consult your remisier or call up Ah Thong to explain to you on Insas-WC

Posted by Zazzyy > 2024-02-24 08:38 | Report Abuse

SSL very kind of you to explain to those who are not familiar with different type of warrants & iculs.icps.

Posted by leno > 2024-02-24 13:16 | Report Abuse

correct lor
those not familiar with warrant
dun play play

Leno is very EXPERIENCE
must read all the fine print, circulars and appendixes

there are 3 circulars accompanied
first one is regarding PB conversion into mother,
second one is WC
third one is dividend

based on details deliberation, and convolution
- "after 1 week of expiry, all will automatic converted into mother and debit into LENO account" -

LENO advise is
un-TRAP from COMA-INSAS
come visit and laugh at LENO at 90, 85 and 60 sen

INSAS RM 60 RINGGIT is KAMBENGGGGGG AAAAAAAAAAAAAA !!

😘😘

Posted by Sslee > 2024-02-24 13:41 | Report Abuse

RENOUNCEABLE RIGHTS ISSUE OF UP TO 132,604,152 NEW REDEEMABLE PREFERENCE SHARES ("RIGHTS RPS") IN INSAS TOGETHER WITH UP TO 331,510,380 FREE DETACHABLE WARRANTS ("WARRANTS") ON THE BASIS OF 2 RIGHTS RPS AND 5 WARRANTS FOR EVERY 10 EXISTING ORDINARY SHARES HELD BY THE ENTITLED SHAREHOLDERS, AT 5.00 P.M. ON 3 FEBRUARY 2021 AT AN ISSUE PRICE OF RM1.00 PER RIGHTS RPS ("RIGHTS ISSUE WITH WARRANTS")

Again allow me to explain Insas-PB is REDEEMABLE PREFERENCE SHARES mean at maturiry date Insas will pay you RM 1.00 to redeem back the Insas-PB.

Or:
Alternatively, holders of the Rights RPS who are also holders of the Warrants may surrender the Rights RPS held by them for cancellation at 100% of the issue price of the Rights RPS in lieu of the exercise price of the Warrants. The exercise of the Warrants by the Warrant holders who are also the Rights RPS holders will still require the exercise form to be lodged by the Warrant holders with our Company's Share Registrar or any other appointed agent, duly completed and signed but will not require any cash payment.

The difference between the exercise price of the Warrants (or the adjusted exercise price of the Warrants in accordance with the terms and provisions of the Deed Poll, as the case may be) and the issue price of the Rights RPS shall be repaid by our Company within 1 month from the date the Warrant holder exercising his Warrant, by way of cheque or such other method as our Board may specify.

And by the way there was no circular on dividend.

Posted by xiaoeh > 2024-02-24 13:55 | Report Abuse

wah...
much clearer after i3Lucker sifu and Sslee sifu explanation.
Thanks a million

Posted by leno > 2024-02-24 14:09 | Report Abuse

there is no point arguing with dumb old man
time will tell
u believe a dumb old man who got cheated in Xinquan ?

LENO tell u
always look at The Chart
Peak 1.24
calm before waterfall
un-TRAP from coma-INSAS
visit and laugh at LENO in ICU
at 90, 85 and 60 sen.

INSAS RM 60 RINGGIT IS KAMBENGGGGGG AAAAAAAAAAAAAAA !!

😘😘

Posted by klee > 2024-02-24 14:25 | Report Abuse

INSAS 60 SEN IS KAMBENGGGGGG AAAAAAAA

Posted by Sslee > 2024-02-24 14:54 | Report Abuse

leno get trap for 15 fakking years
from few thousands until become multiple millions
and will soon left with few hundreds million
do not FOLLOW leno okay

Is leno from few thousands Insas now become multiple millions WC and thought when WC expired, it will be automaticaly converted to multiple millions Insas?

Then hopefully he can sell multiple millions Insas and buy few hundreds million Insas-WD and when WD expired, it will automatically converted to hundreds million Insas?

Posted by leno > 2024-02-24 15:28 | Report Abuse

leno get trap for 15 fakking years
from few thousands until become multiple millions
and will soon left with few hundreds million

DO NOT FOLLOW LENO

😘😘

Posted by Income > 2024-02-24 16:14 | Report Abuse

To tell you all what I think about getting trap for 15 fakking years…
The cat fur also jadi Kuching Kurap hor… for so long time 🕰️ trapped here…

Posted by Lpc1225 > 2024-02-24 16:17 | Report Abuse

Quarterly result:next week!

Posted by leno > 2024-02-24 16:22 | Report Abuse

Lampahchi1225
result will be so-so niah

Peak 1.24
calm before waterfall
visit and laugh at LENO at ICU
90, 85 and 60 sen

INSAS RM 60 RINGGIT is KAMBENGGGGGG AAAAAAAAAAAAAAAA !!

😘😘

Posted by Income > 2024-02-24 19:22 | Report Abuse

Last night I dreamt This Stock will shoot up to Rm50. 💭 dream 😴 dream 💭
So how?

Posted by Sslee > 2024-02-24 19:32 | Report Abuse

Posted by Income > Feb 24, 2024 7:22 PM | Report Abuse
Last night I dreamt This Stock will shoot up to Rm50. 💭 dream 😴 dream 💭
So how?

Thecontrarian already give you the answer.
And remember to frame the one share that give you 50X

Posted by TheContrarian > Feb 23, 2024 11:19 AM | Report Abuse
I will forever hold one share in Insas in case one day it goes to RM60, then I can say I sold it at RM60

Posted by Sslee > 2024-02-24 19:33 | Report Abuse

Income my I advise you to collect some jayatiasa on the dip.

Posted by Sslee > 2024-02-24 19:48 | Report Abuse

Inno
Quarter
Revenue
PBT
NP
NP to SH
NP Margin
ROE
EPS
DPS
NAPS
QoQ
YoY
Financial Year: 31-Dec-2023
31-Dec-2023 63,275 21,574 16,632 16,632 26.29% 5.34% 3.47 3.00 0.6500 - % - %
30-Sep-2023 59,277 21,933 16,933 16,933 28.57% 5.53% 3.54 2.75 0.6400 57.18% 13.04%

Jayatiasa
Financial Year: 30-Jun-2024
30-Sep-2023 248,003 93,035 66,835 66,833 26.95% 4.57% 6.90 0.00 1.5100 11.26% 96.65%

Make a guess what will be jayatiasa quarter ended 31 Dec 2023 result?

Note: quarter end 31/12/2023
Inno FFB: 77,293 CPO 15,810 Palm kernal 2,982
Jayatiasa FFB: 335,778 CPO 69,092 Palm kernal 16,094 Log 27582

Posted by WellnessAntiCancer > 2024-02-24 21:19 | Report Abuse

IPO market in Malaysia to remain robust in 2024, especially for consumer, tech-related industries, says Deloitte Malaysia

The initial public offering (IPO) market in Malaysia is expected to remain robust in 2024, supported by a strong pipeline of offerings and healthy institutional and retail investors' appetites for companies with good growth propositions, particularly those in the consumer and tech or tech-related industries, according to Deloitte Malaysia.

Verdict: expect robust business year for M&A and thus add value to Insas.

Insas has cash as war chest of RM1 billion which it can easily subscribe via private placements if promising IPO or the Next INARI.

Tail winds for Insas.

Source: By Emir Zainul, 2023, theedgemalaysia.com
Article dated: 16 Nov

Posted by WellnessAntiCancer > 2024-02-24 21:22 | Report Abuse

Only sell the business and f you think that the economic conditions have materially declined.

Example Berkshire sold Washington Post newspaper In The internet news age. The economic moats have become shallow.

Disclosure: owns Insas and warrants

Posted by WellnessAntiCancer > 2024-02-24 21:28 | Report Abuse

On Insas Warrants (expiring Jan 2026) valued at slight premium 9.%
over mother share.

Do you think Insas mother shares can grow 9% to RM1.29 in the next two years before Insas Warrent expires?

Why important?

One Insas shares can buy equivalent of three warrants. A gearing of 3x.

For every RM1 movements in insas and this means warrant will gain RM1 each to total of threee warrants. At RM3.

Posted by WellnessAntiCancer > 2024-02-24 21:29 | Report Abuse

For holding warrants you stand to gain 300% more than mother shares.

Risks?

Warrants will expire in Jan 2026 and if insas shares remain RM1.18 , then insas warrants is worthless or out of money.

Questions : do you think more investors will come into Bursa, semiconductor, property sales improvement?

If so, with increasing profits of Insas with future PE R at 5x, will it appreciates in next two years?