INSAS BHD

KLSE (MYR): INSAS (3379)

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Last Price

0.945

Today's Change

+0.005 (0.53%)

Day's Change

0.935 - 0.96

Trading Volume

817,800


43 people like this.

46,514 comment(s). Last comment by Tatooine 2 hours ago

BLee

887 posts

Posted by BLee > 2024-03-03 13:22 | Report Abuse

@TheContrarian, also my wishful thinking Insas will be value priced to at least near NTA...then can take whole family for a free Europe holiday. Dream on. Happy Trading and TradeAtYourOwnRisk

TheContrarian

9,503 posts

Posted by TheContrarian > 2024-03-03 13:32 | Report Abuse

Insas isn't the only undervalued counter trading far below its NTA. There are hundreds others. Affin Bank has a NTA of RM4.70 and at one stage last year or the year before it fell to around RM1.50. A bank selling for 1/3 its NTA! But nobody wanted to buy except me and one other person. Actually I made higher gain in Affin last month than I did in Insas. Bargain price isn't only in Insas. Seek them and you will find.

BLee

887 posts

Posted by BLee > 2024-03-03 13:45 | Report Abuse

Yes, @TheContrarian, noticed on some undervalued stocks, switched 80% Insas holding last RI, bought TNB around 8.3 and sold above 11 recently..waiting to re-invest later.

klee

3,525 posts

Posted by klee > 2024-03-03 14:17 | Report Abuse

Where is stockraided?
yes he got raided again by insas lol

MrFox

1,363 posts

Posted by MrFox > 2024-03-03 14:23 | Report Abuse

aiyoh! hiding lah!!! komon sense mah!!!
haha

Income

12,468 posts

Posted by Income > 2024-03-03 16:20 | Report Abuse

Sslee Sir,

Eat whatever you like because...
• The inventor of the treadmill died at the age of 54.
• The inventor of gymnastics died at age 57.
• The world bodybuilding champion died at age 41.
• The best footballer in the world, Maradona, died at 60
...
And then-
• The KFC inventor died at 94.
• The inventor of Nutella died at 88
• The inventor of Hennessy died at 98
..
How did doctors come to the conclusion that exercise prolongs life, when
• The rabbit is always jumping but it lives for around 2 years, and
• the turtle that doesn't exercise at ali, lives over 200 years.
* So, rest, chill, eat, drink, and enjoy life.

These are true stories in our daily life. Life is too short to waste on quarrelling here.

TheContrarian

9,503 posts

Posted by TheContrarian > 2024-03-03 17:43 | Report Abuse

Rabbit 2 years, turtle (or is it tortoise) 200 years ..... what about a cat trapped in Insas for 15 years?

TheContrarian

9,503 posts

Posted by TheContrarian > 2024-03-03 18:09 | Report Abuse

Insas broke through RM1 on 12th January, a Friday in the last half an hour of trading, closing at 99.5 sen. The following Monday, 15th January Insas rallied to close at RM1.20. Anyone who bought on that day and didn't sell to take profit or cut loss is now probably trapped as Insas closed RM1.07 last Friday.

klee

3,525 posts

Income

12,468 posts

Posted by Income > 2024-03-03 19:40 | Report Abuse

Dino 🦕
https://youtu.be/fq5PUnez3HU?si=8Cjh6yVlbezFHPXE

Income

12,468 posts

Posted by Income > 2024-03-03 19:47 | Report Abuse

Dino 🦕
https://youtu.be/F8xAlm5XAGk?si=yd-TyeTgSXcZ8-sS

Lpc1225

142 posts

Posted by Lpc1225 > 2024-03-03 21:22 | Report Abuse

Bought at average price 79c,sold at 1.04.
Just an average player.
Grateful to both the Thongs.

TheContrarian

9,503 posts

Posted by TheContrarian > 2024-03-03 21:25 | Report Abuse

Last time price was 1.04 was on 15 January, am I not right?

TheContrarian

9,503 posts

Posted by TheContrarian > 2024-03-03 21:41 | Report Abuse

Tong submitted his portfolio report as follows : based on Insas closing price of 1.09 he makes an unrealized gain of RM39,016 (Insas price has closed at 1.07 on Friday) and based on Insas-WC price of 0.28 he has an unrealized loss of RM18,461. Buying Insas-WC at 0.42 was probably Tong's dumbest decision.

TheContrarian

9,503 posts

Posted by TheContrarian > 2024-03-03 21:43 | Report Abuse

Tong bought Insas-WC because he thought someone was making an hostile takeover but everyone else thought Tong was the one making a hostile takeover. So amusing.

BLee

887 posts

Posted by BLee > 2024-03-03 23:30 | Report Abuse

"the turtle that doesn't exercise at all, lives over 200 years."

Another reason? If you keep your head inside the shell, most likely can live longer.. hear nothing, see nothing and speak nothing will keep us from trouble??
The problem; like the turtle, will slowly climb to the top and be left behind. Life is interesting, just do things at our own speed.. have a nice week ahead. Good night.

TheContrarian

9,503 posts

Posted by TheContrarian > 2024-03-04 10:02 | Report Abuse

Forum so quiet, no promoters, no Mikecyc.

Income

12,468 posts

Posted by Income > 2024-03-04 10:10 | Report Abuse

Who’s that turtle leh?



Posted by BLee > Mar 3, 2024 11:30 PM | Report Abuse

"the turtle that doesn't exercise at all, lives over 200 years."

SinGor

4,928 posts

Posted by SinGor > 2024-03-04 10:44 | Report Abuse

Turtle breathe 3 times a minute---Man breathe 10 per min ( during sEx 200 times per Sec ) Hello have you see
Turtle during SeX----always one Leg up and Jam

Zazzyy

335 posts

Posted by Zazzyy > 2024-03-04 11:02 | Report Abuse

Market is listless. Cat missing now tortoise wikipedia cerita coming out

Income

12,468 posts

Posted by Income > 2024-03-04 13:36 | Report Abuse

Turtle is long live mah.

xiaoeh

2,754 posts

Posted by xiaoeh > 2024-03-04 13:42 | Report Abuse

there is a way to live a long life:
move like turtle eat like turtle and breath like turtle....
not a joke

Income

12,468 posts

Posted by Income > 2024-03-04 14:08 | Report Abuse

The elixir of life… summarises by Xiaoeh Sifu…


Posted by xiaoeh > Mar 4, 2024 1:42 PM | Report Abuse

there is a way to live a long life:
move like turtle eat like turtle and breath like turtle....
not a joke

Income

12,468 posts

Posted by Income > 2024-03-04 14:29 | Report Abuse

There is one famous Vietnam Tortoise 🐢 which lives a few hundred years in a Vietnam lake.

TheContrarian

9,503 posts

Posted by TheContrarian > 2024-03-04 17:14 | Report Abuse

Why Insas closed red again?

TheContrarian

9,503 posts

Posted by TheContrarian > 2024-03-04 17:24 | Report Abuse

Back in mid-January Ah Tong sold Maybank at 9.06 to buy Insas-WC at 0.42. Today Maybank closed at 9.60 and Insas-WC at 0.265. Don't be like Ah Tong

UncleFollower

1,768 posts

Posted by UncleFollower > 2024-03-04 17:31 | Report Abuse

To be contrarian, the fact that forum comments have drastically fallen suggest bottoming process, recovery could come soon. Buy at 0.265, you get it 37% than Tong wahhhh

TheContrarian

9,503 posts

Posted by TheContrarian > 2024-03-04 17:51 | Report Abuse

Not yet bottom.

Income

12,468 posts

Posted by Income > 2024-03-04 17:54 | Report Abuse

MikeCC Kid 👦 memang die this time… Jaks 15.5 sen only now.
Sslee Sir, MikeCC kid 👦 said he Jaks 19 sen, dropped how many percentage?
Dropped 18.42%, tak die ker????

Income

12,468 posts

Posted by Income > 2024-03-04 17:58 | Report Abuse

Sslee Sir, MikeCC kid 👦 said he Jaks 19 sen, dropped how many percentage?
Dropped 18.42%, tak die ker????

Income

12,468 posts

Posted by Income > 2024-03-04 18:00 | Report Abuse

Sslee Sir, where is MikeCC Kiddddd 👦 ?
Maybe wandering at Puduraya looking for Ah Fah???

Income

12,468 posts

Posted by Income > 2024-03-04 18:52 | Report Abuse

What Philip said MikeCC is just a Kid 👦 is true until now …

Sslee

6,886 posts

Posted by Sslee > 2024-03-04 19:00 | Report Abuse

Mike-tikus can't read financial report and come out with all the funny figures and wrong facts

TheContrarian

9,503 posts

Posted by TheContrarian > 2024-03-04 19:10 | Report Abuse

If Jaks price keeps dropping Mikecyc will vanish like the cat.

MrFox

1,363 posts

Posted by MrFox > 2024-03-04 19:12 | Report Abuse

aiyo! at Jaks, he has become 0 SENse!!!! alredi blur blur ,how to read!!! but when i go ahmoiing, he salivates!!!
haha
haha

Huangbk72

5,067 posts

Posted by Huangbk72 > 2024-03-04 19:24 |

Post removed.Why?

Felix888999

1,643 posts

Posted by Felix888999 > 2024-03-04 19:26 |

Post removed.Why?

Income

12,468 posts

Posted by Income > 2024-03-04 20:57 | Report Abuse

MikeCC kid 👦 can’t come here, … now he is asking His student Felica to represent him .
Bravo to MikeCC kid 👦

Felix888999

1,643 posts

Posted by Felix888999 > 2024-03-04 20:59 |

Post removed.Why?

Felix888999

1,643 posts

Posted by Felix888999 > 2024-03-04 21:07 |

Post removed.Why?

Posted by Balian de Ibelin > 2024-03-04 21:10 | Report Abuse

obviously a homeless stray Dog begging for food just follow 🐕

Felix888999

1,643 posts

Posted by Felix888999 > 2024-03-04 21:13 |

Post removed.Why?

Huangbk72

5,067 posts

Posted by Huangbk72 > 2024-03-04 21:36 |

Post removed.Why?

Posted by StartOfTheBull > 2024-03-04 21:38 | Report Abuse

This stock rose from 80c plus to above RM1.20 within a few months, at RM1.05 is a dangerous point to enter, just like Licker offering from behind.

Posted by Balian de Ibelin > 2024-03-04 22:21 | Report Abuse

both Mike🐖 and HeLicksShit is actually 1 person using more than 20 ids who believes that cheating Suiyee Sucker Bilis is their 🐕Dog rights.

TheContrarian

9,503 posts

Posted by TheContrarian > 2024-03-04 22:52 | Report Abuse

So many of you people! Who is who actually?

Posted by Balian de Ibelin > 2024-03-05 06:35 | Report Abuse

she went into pieces and entered cuckoo land after last Friday drop in share prices.
So many years of scam con jobs, all went away...
after disturbance by Huang lah, thats what her cuckoo brain tells her.
the king of cuckoo land is mentally disturbed, stopped masturbating, now concentrate 24/7 on Huang fetish kissing.


Huangbk72

No worries.. Coconut just run fire enter demon

Lost too much these days

Sslee

6,886 posts

Posted by Sslee > 2024-03-05 07:03 | Report Abuse

Guess who can come up with below rubbish on capA?

OleOleOle After gone through the numbers, here is my take! Please do your own DD!

Total fleet of 219 aircrafts (12 under maintenance)
Estimate cost of each 2nd handed plane US$25 mil
Take exchange rate of 1US$ to RM4.5915
That's entire fleet of 219 aircrafts worth at least RM25 bil (rough est.) will come back to this later.

That said, refer to Q4FY23 financial statements,
Assets associated with AA leasing:
Non-current Liabilities = -13,434.5 mil (RM)
Current Liabilities = - 5,259.6 mil (RM)
Right to Used = 12,066.8 mil (RM)
------------------------------------------------
Net assets = - 6,627.3 mil (RM)
Note: This amount is to be removed from Cap-A statement.

Merger Offer to AAX: US$ 600 mil
Cash (US$200 mil bond)
AA Equity (US$400 mil)
(1US$ to RM4.5915) = 2,754.9 mil (RM)
Note: This amount will add to Cap-A statement.

Hence, Total AA Leasing assets considered:
= 13,434.5 mil (RM) + 5,259.6 mil (RM) + 2,754.9 mil (RM)
= 21,449.0 mil (RM)
= US$ 4,671.458 mil (=219 aircrafts)
OR Each aircraft = US$21.33 mil (***** vs at least US$25 mil per aircraft for a 2nd handed A320 aircraft)

Back to Cap-A, now how do to get out of PN17?
Total Equity Deficit = - 10,469.5 mil (RM)
AA Leasing Asset removed = 6,627.3 mil (RM)
AA Merger Offer get = 2,754.9 mil (RM)
US Listing Goodwill = 2,360.0 mil (RM)
--------------------------------------------------------------
Net Cap-A Equity = 1,272.7 mil (RM)
== 30c NAPS
02/03/2024 4:12 PM

Posted by Balian de Ibelin > 2024-03-05 07:21 | Report Abuse

thats why he is called Mike🐖, a real 🐽, slaughtered for bacon. 😋

Mike🐖 purposely intentionally with mens rea to cheat scam con defraud steal rob burglarize forcefully and criminally excluded another RM7.028 Billion engine repair bills mandated by contract as an integral structure, payable, equal ranking and essentially also leasing charges.

also the sales in advance of RM2 Billion

Posted by Balian de Ibelin > 2024-03-05 07:23 | Report Abuse

or maybe AA does not intentionally cancel flights, unquote, dancing ex-bartender
So no need to refund RM2 Billion ... 🤣

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