Posted by Sslee > 1 week ago | Report Abuse

Why get so emotional?
Why care who is selling or buying?

Just relax and learn to swim with the sharks. q buy when price down to your buy in price and q sell when price up to your take profit price.

This is how TheContrarian make 4X from Insas.

Posted by Sslee > 1 week ago | Report Abuse

By the way as at 31/12/2023, Insas NTA is RM 3.57

Posted by speakup > 1 week ago | Report Abuse

TheContrarian make Quad Bagger from insas? speakup want Double Bagger also cannot get

Posted by Lpc1225 > 1 week ago | Report Abuse

風搖梧桐落葉黃
始知霜鬂催人老
怀擁英莎十餘戴
宿志不移日月長

Posted by TheContrarian > 1 week ago | Report Abuse

Because speakup has small mind.

Posted by TheContrarian > 1 week ago | Report Abuse

Insas will never go to RM4.28 or RM3.57 or RM2.56 ........ even if Thong privatize Insas he will offer a very low price because Insas never traded above RM1.40 in the past 25 years.

Posted by TheContrarian > 1 week ago | Report Abuse

And don't dream of a hostile takeover. Thong has made sure that's impossible.

Posted by TheContrarian > 1 week ago | Report Abuse

Anyway most people don't understand what I am saying. If they could they would have sold all or partially when price broke through RM1.30. They keep dreaming of RM2 ..... RM3 ...... RM4 ...... RM5 ...... RM60!!!

Posted by TheContrarian > 1 week ago | Report Abuse

When will Leno return? Will Leno ever return?

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 1 week ago | Report Abuse

King of Insas and Analabs 😀😀

Posted by Sslee > 1 week ago | Report Abuse

My TP of RM1.50 according to insider is reasonable and sensible. But Insas still cannot break this RM1.50

Most likely Inari has to break RM 4 for Insas to break RM 1.50

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 1 week ago | Report Abuse

King of Analabs has done well, assuming he has been holding this stock since more than a decade ago.

Posted by Sslee > 1 week ago | Report Abuse

I do not know how is Insas a decade ago.
I only know Insas is deeply undervalued because of insas holding in Inari.

Posted by Sslee > 1 week ago | Report Abuse

Inari:
Private placement
Ann. Date
Date
Type
Units
Price
View
29-Jul-2021 30-Jul-2021 Private Placement 333,000,000 3.100 Additional Listing Detail

I do not understand why people spend billion just to hold 330,000,000 inari share when they can use the same billion to become controlling shareholder of Insas and hence become controlling shareholder of Inari.

Posted by TheContrarian > 1 week ago | Report Abuse

Funds buy Inari for the regular quarterly dividends.

Posted by BLee > 1 week ago | Report Abuse

“Sslee > I do not understand why people spend billion just to hold 330,000,000 inari share when they can use the same billion to become controlling shareholder of Insas and hence become controlling shareholder of Inari.”

Since after some time, no opinion forthcoming (only @TheContrarian opinion before finish typing) , my take:
‘- PP subscription at max of 10% discount from 5 days VWAP, chances of gain logically.
‘- PP $ added to paid up capital, unlike buying from the open market.
‘- if buying from the open market, the price will fluctuate; just like throwing $ into a bottomless hole..

There are pros and cons of PP, hope it will answer Sslee's question. Other opinions are welcome. Happy Trading.

Posted by TheContrarian > 1 week ago | Report Abuse

Mr Sslee is asking why funds buy Inari via private placement rather than making a hostile takeover of Insas.

Posted by Sslee > 1 week ago | Report Abuse

My question is why not spend less owned more Inari share and become controlling shareholder of Inari and appoint your nominees to the the board of director of Inari?

And the best part if able to take over Insas then you still have whatever inside insas including the 1 bilion cash hoard.

Posted by BLee > 1 week ago | Report Abuse

“TheContrarian > Mr Sslee is asking why funds buy Inari via private placement rather than making a hostile takeover of Insas.”

“Sslee > And the best part if able to take over Insas then you still have whatever inside insas including the 1 bilion cash hoard.”

In a nutshell, PP is internal funding inside Inari which can add Inari value whereas buying Insas from the open market could be a ‘futile hostile’ exercise…two different exercises with two different outcomes.
For example, both Inari and Insas are a piece of empty land (Insas own a small portion of Inari); PP is $ spend to build a tall building to add value whereas bidding/spending on the other piece of land could be a ‘futile hostile’ exercise with no value added…

Posted by Sslee > 1 week ago | Report Abuse

As investor you can either choose to invest on Inari PP or not and it did not affect Inari as other investor will take up the PP.

My question as investor why invest in inari PP when you can use the money to make a take over of Insas and become controlling shareholder of Inari and still owned whatever inside Insas?

Posted by TheContrarian > 1 week ago | Report Abuse

Thong smart, he ensured Insas haram so EPF or KWAP can't buy Insas.

Posted by Sslee > 1 week ago | Report Abuse

Thong is very smart and like a poker player watching with his hawk eye from sideline to time his move to increase his and PAC holding in Insas from 32.96% to above 50% at lowest cost to him and his PAC

Posted by Income > 1 week ago | Report Abuse

Bo chawwww. Si Ahhhh🙄

Posted by xiaoeh > 1 week ago | Report Abuse

SsLee sifu
will u buy Star Media Group and Keep?
Mr Thong and The Edge Media Group seem holding substantial amount of its share...

TONG KOOI ONG 28-Aug-2023 Disposed 379,200 0.000
TONG KOOI ONG 24-Aug-2023 Disposed 10,000 0.000
TONG KOOI ONG 18-Apr-2023 Notice of Interest 39,339,200 0.000
ICHC ANSTALT 18-Apr-2023 Notice of Interest 37,500,000 0.000
PHILEO GROUP LIMITED 18-Apr-2023 Notice of Interest 37,500,000 0.000
THE EDGE COMMUNICATIONS SDN BHD 18-Apr-2023 Notice of Interest 37,500,000 0.000
THE EDGE MEDIA GROUP PTE LTD 18-Apr-2023 Notice of Interest 37,500,000 0.000

Posted by TheContrarian > 1 week ago | Report Abuse

@xiaoeh, Tong is not Thong.

Posted by xiaoeh > 1 week ago | Report Abuse

Posted by TheContrarian > 2 minutes ago | Report Abuse
@xiaoeh, Tong is not Thong.

Ha...?!!!
this Tong is not that Thong ha...?
how dumb i am!!
may i know who is this Thong ha?
mind sharing?

Posted by TheContrarian > 1 week ago | Report Abuse

Tong is boss of The Edge, Thong is boss of Insas.

Posted by xiaoeh > 1 week ago | Report Abuse

all the while i've been thinking of this Tong is that Thong u guys are talking....
wrong frequency wrong frequency...
will go tuning will go tuning...
😂

Posted by TheContrarian > 1 week ago | Report Abuse

And there's also a Chong.

Posted by Sslee > 1 week ago | Report Abuse

Will Tong increase his holding in Insas and become a substantial shareholder?

Posted by TheContrarian > 1 week ago | Report Abuse

Needs to buy 35 million shares to become substantial shareholder.

Posted by Sslee > 1 week ago | Report Abuse

Tong buy in Star Media to become a substantial shareholder.
Will Tong do that too with Insas?

If he does I will write to him on his right to table his resolution at AGM for shareholder voting to appoint himself to be Insas director.

Posted by TheContrarian > 1 week ago | Report Abuse

It will cost Tong probably twice his cost in Star to build a 5% stake in Insas.

Posted by Lpc1225 > 1 week ago | Report Abuse

One group is trying to keep the price low(most people know who) while another group is happily collecting when the price is low.The tussle is getting interesting.

Posted by TheContrarian > 1 week ago | Report Abuse

There's no tussle, buyer and seller is the same person.

Posted by Sslee > 1 week ago | Report Abuse

Yes right hand sell to left hand to pull down and once collected enough left hand sell back to right hand to push up.

Posted by TheContrarian > 1 week ago | Report Abuse

Exactly.

Posted by TheContrarian > 1 week ago | Report Abuse

More people exercising their warrants.

Posted by speakup > 1 week ago | Report Abuse

Mean Cash per share drop

Posted by TheContrarian > 1 week ago | Report Abuse

Increased people get to share Insas cash hoard.

Posted by Sslee > 1 week ago | Report Abuse

Insas
Ann. Date
Date
Type
Units
Price
View
24-Apr-2024 25-Apr-2024 Exercise of Warrants 49,000 0.900 Additional Listing Detail
08-Apr-2024 09-Apr-2024 Exercise of Warrants 1,590 0.900 Additional Listing Detail
05-Mar-2024 06-Mar-2024 Exercise of Warrants 37,000 0.900 Additional Listing Detail

Posted by xiaoeh > 1 week ago | Report Abuse

will share price drop over these Exercise of Warrants?
share base increase?

Posted by Sslee > 1 week ago | Report Abuse

Why not just sell the WC and use the money received from the sales to purchase Insas from open market?

Posted by Tatooine > 1 week ago | Report Abuse

I have heard insas already doing financing for microlink. Apparently some people blame thong for the mess at Omesti and microlink so he is forced to bailout microlink. Apparantly he is very arrogant the insas is his and the board will do as they are told …

Posted by TheContrarian > 1 week ago | Report Abuse

The Board of Insas comprised of puppets and Thong is the puppet master.

Posted by xiaoeh > 1 week ago | Report Abuse

Tech sector seems starting moving....

Posted by 5354_ > 1 week ago | Report Abuse

2024-04-24

Insider

DATO' WONG GIAN KUI (a company director) disposed 100,000 shares on 23-Apr-2024.

Posted by 5354_ > 1 week ago | Report Abuse

Director sell at what price?

Posted by TheContrarian > 1 week ago | Report Abuse

Director sold RPS.

Posted by 5354_ > 1 week ago | Report Abuse

I thought promoter tell TP RM 1.5 why director sell so low?