INSAS BHD

KLSE (MYR): INSAS (3379)

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Last Price

1.06

Today's Change

-0.02 (1.85%)

Day's Change

1.05 - 1.09

Trading Volume

1,055,000


44 people like this.

44,845 comment(s). Last comment by Income 3 hours ago

Posted by Balian de Ibelin > 2 months ago | 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

4,904 posts

Posted by Sslee > 2 months ago | 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 > 2 months ago | 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 > 2 months ago | Report Abuse

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

Posted by Balian de Ibelin > 2 months ago | Report Abuse

altogether RM9 Billion Mike🐖 criminally excluded with full thievery intent to cheat swindle scam con Suiyee Sucker Bilis, gambling that no one will read financial statements. 🤣

Posted by Balian de Ibelin > 2 months ago | Report Abuse

sslee

Usually I dun read Mike🐖 thievery comments,
so I did not catch this latest Mike🐖 RM 9 Billion attempted daylight armed robbery without condom to hide his identity.

Income

10,405 posts

Posted by Income > 2 months ago | Report Abuse

Where can MikeCC kid 👦 hide? 😶‍🌫️
His Jaks already koyakkkk
Still MikeCC kid 👦 doing piling construction work at Jln Alor for Aunties Bang la…

Winson

14 posts

Posted by Winson > 2 months ago | Report Abuse

@SSLEE can i ask Divfex Berhad good to invest?

Sslee

4,904 posts

Posted by Sslee > 2 months ago | Report Abuse

Below reply from Insas BOD on DFX during AGM:
Short term plan is to exit the Affected Listing Corporation (“ALC”) Status, DFX submitted waiver application to uplift the Company from its ALC status two months ago and is pending Bursa’s decision. We hope to hear some positive news from Bursa soon;

The long term plan for DFX is to grow the technology business in Information and Communication Technology (“ICT”)

Winson

14 posts

Posted by Winson > 2 months ago | Report Abuse

@SSLEE thank you very much, because i plan to invest some... Does SSLEE sifu got hold any shares in DFX?

Sslee

4,904 posts

Posted by Sslee > 2 months ago | Report Abuse

I do not hold any DFX because I do not know how to do a valuation on technology business in Information and Communication Technology (“ICT”).

Sslee

4,904 posts

Posted by Sslee > 2 months ago | Report Abuse

By the way Jayatiasa is now my biggest holding in my portfolio.

TheContrarian

8,846 posts

Posted by TheContrarian > 2 months ago | Report Abuse

Reminder to Mr Sslee, correction middle of next week.

Posted by Balian de Ibelin > 2 months ago | Report Abuse

is middle of next week wed or thur?
shud I use GMT or the Rose Line?

Sslee

4,904 posts

Posted by Sslee > 2 months ago | Report Abuse

TQVM TheContrarian
I still keep the cash from my sold down of Insas holding.
Waiting for correction to grab some good stocks.

Sslee

4,904 posts

Posted by Sslee > 2 months ago | Report Abuse

Waiting to collect back Insas below 90 sen.

TheContrarian

8,846 posts

Posted by TheContrarian > 2 months ago | Report Abuse

After correction, sideways for awhile.

Winson

14 posts

Posted by Winson > 2 months ago | Report Abuse

@SSLEE sifu are u sure insas will back below 90 sen again?

Sslee

4,904 posts

Posted by Sslee > 2 months ago | Report Abuse

No harm trying

MrFox

1,084 posts

Posted by MrFox > 2 months ago | Report Abuse

cant faham ur reply to Winson!
u mean will go down to 90 sen again?
mind explaining? tks

Sslee

4,904 posts

Posted by Sslee > 2 months ago | Report Abuse

My record show on 19/3/2020 I manage to get 125K of Insas at 0.384 for total cost of RM 48,141.60

Sslee

4,904 posts

Posted by Sslee > 2 months ago | Report Abuse

I am saying anything can happen so just get ready your cash.

xiaoeh

2,276 posts

Posted by xiaoeh > 2 months ago | Report Abuse

reward is for those who constantly do homework
Sslee deserved it

TheContrarian

8,846 posts

Posted by TheContrarian > 2 months ago | Report Abuse

When Insas crashed to below 40 sen in March 2020 I didn't have cash to buy, and since then I always set aside cash for such opportunity if it should ever happen again.

MrFox

1,084 posts

Posted by MrFox > 2 months ago | Report Abuse

slee

I am saying anything can happen so just get ready your cash.

this type of answer shows that you cant see the future?

haha

TheContrarian

8,846 posts

Posted by TheContrarian > 2 months ago | Report Abuse

If I had bought at 40 sen then my gain would have been greater than four fold.

xiaoeh

2,276 posts

Posted by xiaoeh > 2 months ago | Report Abuse

Posted by MrFox > 8 seconds ago | Report Abuse
slee
I am saying anything can happen so just get ready your cash.
this type of answer shows that you cant see the future?
haha

MrFox
cant faham ur reply to Sslee!
u mean stock will go down soon?
mind explaining? tks

Sslee

4,904 posts

Posted by Sslee > 2 months ago | Report Abuse

At least Mr.Fox can see the future of Jaks unlike Mike-tikus promoting jaks for 8 months day and night 24/7/365.

Sslee

4,904 posts

Posted by Sslee > 2 months ago | Report Abuse

Mike-tikus tomorrow go buy toto and magnum jackpot 0151 and 5041 to become an instant multimillionaire.

TheContrarian

8,846 posts

Posted by TheContrarian > 2 months ago | Report Abuse

3379 is even better, one day will hit 60 ringgit.

TheContrarian

8,846 posts

Posted by TheContrarian > 2 months ago | Report Abuse

If you own shares in the Berjaya group of companies you get free Starbucks once a year.

xiaoeh

2,276 posts

Posted by xiaoeh > 2 months ago | Report Abuse

Posted by MrFox > 0 seconds ago | Report Abuse
0151 at 1.11/112 veri attractive
5041 at 190/1.91 also attractive!

0151 at 1.11/112 means?
don't quite follow sifu

MrFox

1,084 posts

Posted by MrFox > 2 months ago | Report Abuse

MikeTikus difficuilt to find him now!!
maybe can see him at "I see you" location!
hahaha

TheContrarian

8,846 posts

Posted by TheContrarian > 2 months ago | Report Abuse

0151-WB not 0151.

xiaoeh

2,276 posts

Posted by xiaoeh > 2 months ago | Report Abuse

oh...

TheContrarian

8,846 posts

Posted by TheContrarian > 2 months ago | Report Abuse

@xiaoeh, secret codes.

xiaoeh

2,276 posts

Posted by xiaoeh > 2 months ago | Report Abuse

no thanks to Mrfox lucky numbers....
already rocketed and only can see from telescope leh

MrFox

1,084 posts

Posted by MrFox > 2 months ago | Report Abuse

xiaoeh@@
when mkt is green, stay away!
when mkt is red, time to hunt for side dishes!!!

xiaoeh

2,276 posts

Posted by xiaoeh > 2 months ago | Report Abuse

Posted by MrFox > 24 minutes ago | Report Abuse
xiaoeh@@
when mkt is green, stay away!
when mkt is red, time to hunt for side dishes!!!

Noted and Thanks Mrfox😀

TheContrarian

8,846 posts

Posted by TheContrarian > 2 months ago | Report Abuse

When Insas goes below 90 sen Insas-WC will be out of money.

speakup

25,285 posts

Posted by speakup > 2 months ago | Report Abuse

Sifu Leno saved a lot Insas investors with his Sell call. If only we have more ppl like Leno in i3

Sslee

4,904 posts

Posted by Sslee > 2 months ago | Report Abuse

Leno is collecting more insas to become a billionaire.

INSAS RM 60 RINGGIT is KAMBENGGGGGGGG AAAAAAAAAAAAAAA !!

😘😘

Realrich

1,374 posts

Posted by Realrich > 2 months ago | Report Abuse

Xiaoeh this share Overvalued

Income

10,405 posts

Posted by Income > 2 months ago | Report Abuse

—>> If you find someone smarter than you, work with them, don't compete. Competition is a weakness.

TheContrarian

8,846 posts

Posted by TheContrarian > 2 months ago | Report Abuse

Leno doesn't buy Insas, she load up more Insas-WC.

Income

10,405 posts

Posted by Income > 2 months ago | Report Abuse

Posted by leeeeno > Mar 5, 2024 12:42 PM | Report Abuse

Agree. wait for 90 sebn below baru colet


Dino 🦕,
U come back already. Long life…

TheContrarian

8,846 posts

Posted by TheContrarian > 2 months ago | Report Abuse

@Income, most people think themselves smartest.

Income

10,405 posts

Posted by Income > 2 months ago | Report Abuse

How ahhh Dino 🦕 makes money by holding tight tight Insas-WC?
Impressive stuff

xiaoeh

2,276 posts

Posted by xiaoeh > 2 months ago | Report Abuse

Posted by Realrich > 26 minutes ago | Report Abuse
Xiaoeh this share Overvalued

Realsifu
pls enlighten me how over value?
some sifu said
this share worth RM60

Income

10,405 posts

Posted by Income > 2 months ago | Report Abuse

I’m don’t have Rm to buy Insas.
Who can lend me Rm? I am willing to pay interest…

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