ICap Biz repeatedly state that they are best measured according to NTA. management & Investment fees at 1.5% pa on Assets Managed. Regardless of their performance, Mr Tan TB gets a cut.
Insas i termed as Berkshire Malaysia -bc it also is a holding company. A mistake to measure on only on EPS
Other than TKO, Brahmal is another with the resources to do something to Insas. As you said, can't raid it Thong and associates have control. But an activist investor he can be. Go go give Brahmal a call
If any believes thong only hold the shares he and related parties declare they are delusional… there is no enforcement or concern these businessmen have that anyone will do anything. It is why bursa has such a bad reputation… very sad to say but insas will only have value once thong no longer around… he is in such self delusion and has been for decades nothing will change.
Hoho , Konartist le big 👄 said will asked Insas to include Remisier Commission wording in Other Operation Expenses a few months ago .. what happened le … wrong medicine ke .. hohoho ..
Hoho.. still Twisting.. straight to the Point la… No Reply ? Kena Dellw like from Armada reply ? Did not send the email , Big 👄 only le ??? Hohoho
Posted by Johnchew5 > 26 minutes ago | Report Abuse
Hoho , Konartist le big 👄 said will asked Insas to include Remisier Commission wording in Other Operation Expenses a few months ago .. what happened le … wrong medicine ke .. hohoho ..
Sslee I spent yesterday traveling from Medan to Jakarta and then Jakarta to KL, now quarantined in Dorsett Subang.
I took the Citilink Flight from Medan to Jakarta, with no social distance and the flight1.5 hour late. Flight Jakarta to KL is MH 720 no delay A330-200, 8 emergency doors, manned with 2 male cabin staff and 4 air stewardess for economy class and 1 male cabin staff and 1 air stewardess for Business class. Diner served with plenty spared and air stewardess keeps asking if you need more food and drinks. I counted only about 50 passengers.
Now you know why i3lurker and PSAi3alert only fly with MAS.
Another new day and another new challenge. Life is like a book: Some chapters are sad, some are happy and some are exciting, but if you never turn the page, you will never know what the next chapter has in store for YOU. When it finally comes to the last chapter there are so many things and people you are grateful and thankful for that make this life worth living.
I thank all for the well wishes and prayers that my mum will make a speedy recovery. 2021-12-15 08:14
alenac Wow Sslee, you got great fans over in I3i? That love and hate relationship with them.
Posted by Sslee > Feb 9, 2022 7:12 PM | Report Abuse Many people have their own way to express their anger, anxiety and helplessness and I choose to pray and ask others to pray to relief my anxiety and helplessness. 2022-02-09 19:18
Sslee Dear alenac I do not have any hatred in my heart, I just get annoyed with Mike keep telling lies about me and had crossed the line of decency with his lies about me not visiting my mum. 2022-02-09 19:44
Stock: [INSAS]: INSAS BHD hours ago | Report Abuse
Haha wow KonLee is an “ Attention Seeker “ .., approached me 1st in Netx on 2020 telling Lies replied my post which directed to Konstockraider to bail out Stockraider on Insas-WB whom play wayang in Insas-WB forum with Callvin with invested RM 5000 …
Then KonLee said Raider Win 1 Myvi in Netx RI .. Raider said Win 2 Myvi… both blowing bla bla bla clon the Wayang Script on Insas-PB and WC …
Stock: [INSAS]: INSAS BHD hours ago | Report Abuse
Haha Konartist sslleee the 2nd One is Posted Twice on his Top 4 List on 2021 ... saying Averaging down Insas to ard 88.5 sen but being exposed is Averaging Up from 83 sen , later own deleted the 2 posts …
Stock: [INSAS]: INSAS BHD hours ago | Report Abuse
During stock bet : Tunepro 0.45 on 10/3/21 , cut win 0.49 on 12/3/21 after 2 days - Why ? .. Lee aka Victor Yong aka Good123 in Tunepro since Jun 2020.
>> Lee Posted in Insas on Jan 2022 that sold Tunepro after 2 years ..
Probability aka Ori id Victor Yong is Fuxxking ppl out from Petronm whom play Crack Spread Wayang with konartist sslleee .. Beware these Professional kon …
SsLee just disregard those who oppose you like Calvin Tan. Though I made losses in HYRC, I dont blame anyone. As you mentioned Insas has lots of good assets , very very undervalued, but share price difficult to move !! Coming quarter results will be good right, with disposal of some shares ?
If you can find another Mr Thong able to increase NTA from 942 million to 2,474 million over 15 years ie 2011 to 2024 which is a 26.3% increase a year , let me know.
For now, Thong did terrific job adding value to company.
Golden rule is if someone criticises please come up with BETTER companies to invest. We all open to it.
Kluang owns SBagan and SBagan owns Great Eastern, yesterday the share price flew high. I reveal to everyone now that Insas owns OCBC Bank and OCBC Bank owns Great Eastern, Insas gonaa fly on Monday, hahaha.
Ah Thong is a great man, he has been suppressing the price of Insas shares since 2011 to enable ikan bilis to buy cheaply, now you only pay 30 sen for a ringgit. One day the great Ah Thong will buy your Insas shares at a ringgit for a ringgit.
Dato' Sri Thong is a great poker player. He keeep his cards close to his chest but sooner or later he need to increase his and his PAC holding and trigger 33% MGO.
Most likely that will happen when he and his PAC convert their Insas-WC.
Insas will be profitable for many years to come but what investors looking for is growth catalyst that will give sustain earning growth and that can only be acheived if Insas deploy its cash hoard to generate more incomes.
For Thong to exercise 230 million warrants to cross 50% shareholding which will cost him RM207 million. He and PAC currently holds more than RM50 million preference shares in Insas, so he would need funding for RM157 million.
After crossing 50%, Thong and PAC will collectively hold around 448 million shares in the enlarged share capital of Insas of 893 million. Insas can then pay out a dividend of 35 sen and Thong and PAC will receive around RM157 million, just nice to pay off the funding.
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
8,896 posts
Posted by TheContrarian > 1 week ago | Report Abuse
@xiaoeh, Mr Sslee and me know how to dig.