Posted by Income > 2024-04-02 19:34 | Report Abuse

Posted by TheContrarian > Apr 2, 2024 5:04 PM | Report Abuse

Why do people buy Insas at current level and get themselves trapped?


Stocks traps can’t be seen. Whereas animal traps can be seen physically. Haha.

Posted by Income > 2024-04-02 19:47 | Report Abuse

https://youtube.com/shorts/JDSV4zK5r_g?si=5bSX3BwtiSNO0g2Q

Posted by TheContrarian > 2024-04-02 22:48 | Report Abuse

Posted by UncleFollower > 1 day ago | Report Abuse

Both my mother share and warrants turned marginally green today...thanks to averaging down at 0.235. Now what. Hold cos good value? Run cos everyone uber negative? Buy cos chart turning up?

🐊 watching you.

Posted by speakup > 2024-04-03 07:52 | Report Abuse

Sifu Leno already tell us all to sell above 1.20 otherwise get trap for many years, why some ppl here didn't listen?

Posted by Income > 2024-04-03 08:51 | Report Abuse

People didn’t listen bcos Lenooo said Rm60 kambingggggghg laaaaa

Posted by TheContrarian > 2024-04-03 10:58 | Report Abuse

Posted by leno > 1 month ago | Report Abuse

INSAS 1.18
JTiasa 1.22

Which one is value trap ?

U wan to bet ?

Posted by Sslee > 2024-04-03 11:05 | Report Abuse

Luckily I bought more jtiasa

Posted by Sslee > 2024-04-03 11:15 | Report Abuse

Yesterday my jayatiasa dividend RM 22.5K already in the bank.
Leno invest in Insas-WC no dividend income and against Insas increase the dividend payment.

Posted by Sslee > 2024-04-03 11:20 | Report Abuse

Jtiasa pay two dividend per year.
One in April and another in Sept

Posted by TheContrarian > 2024-04-03 11:33 | Report Abuse

Leno still trapped in Insas-WC which will be worthless after expiry in less than 2 years.

Posted by Mikecyc > 2024-04-03 11:40 |

Post removed.Why?

Posted by Mikecyc > 2024-04-03 11:41 |

Post removed.Why?

Posted by Sslee > 2024-04-03 11:43 | Report Abuse

Repost:
Dumbass Mike-tikus below how M&A report its Condensed Consolidated Statement of Profit or Loss and Other Comprehensive Income for the Quarter Ended 31 December 2023.
So go and figure out how Insas consolidate the M&A account ? And what are Other Operating Expense RM (12,173,000) and Other Operating Income RM 5,728,000 ?

Quarter Ended
31/12/2023
RM'000
Revenue 13,173
Cost of Sales 3
Other Operating Expense (12,173)
Other Operating Income 5,728
Profit from Operations 6,731

Posted by Sslee > 2024-04-03 11:52 | Report Abuse

By thevway this year so far my dividend reveived already 90+K.
Month end another dividend from KPS and next month from OSK and MHC.
Mike-tikus don't get envy ya!

Mike-tikus what is your book lose in jaks? No more boasting 1 sen up is 6 digits gain🥲😱

Posted by Income > 2024-04-03 11:57 | Report Abuse

Rat, ohhhh RatCyc
How is your Jaks?
Die standing ker
Lol

Posted by Income > 2024-04-03 12:11 | Report Abuse

Jaks now 14.5 sen dropping until motherrz can’t recognises RatCyc …
RatCyc point one to point four, how? Care to explain a bit???

Posted by Income > 2024-04-03 12:14 | Report Abuse

Just Another Kon Stock??? jks…

Posted by Income > 2024-04-03 12:15 | Report Abuse

I thought you are expert TA in point 1 to point 4 anal-yst…

Posted by Sslee > 2024-04-03 12:45 | Report Abuse

Mike TA say jaks floor 19 is the ground floor so trapped himself at floor 19 and can't walk out.
If jaks default on bank borrowing payment then it will be a PN17 company and became really penny stock and Mike-tikus can then easily jump from floor 1 to .............

Posted by Mikecyc > 2024-04-03 14:31 |

Post removed.Why?

Posted by Mikecyc > 2024-04-03 14:35 |

Post removed.Why?

Posted by Mikecyc > 2024-04-03 14:41 |

Post removed.Why?

Posted by Mikecyc > 2024-04-03 14:43 |

Post removed.Why?

Posted by Mikecyc > 2024-04-03 14:48 |

Post removed.Why?

Posted by Income > 2024-04-03 15:33 | Report Abuse

Just Another Kon Stock
jks???

Posted by 1ncome > 2024-04-04 00:07 | Report Abuse

Free Dividend for ALL.
NO PURCHASE OF INSAS SHARE REQUIRED!

SSLEE don't CLICK.
https://www.youtube.com/watch?v=jkk2RMelbmA

Posted by 1ncome > 2024-04-04 00:10 | Report Abuse

2nd Interim Dividend.
(not for SSLEE, same reason)
https://www.youtube.com/watch?v=QK74dDnxv34

Posted by Sslee > 2024-04-04 07:43 | Report Abuse

https://klse.i3investor.com/blogs/Sslee_blog/2018-08-25-story171152-Why_you_should_attend_annual_general_meetings_if_you_re_an_investor.jsp
Why you should attend annual general meetings if you’re an investor
Author: Sslee | Publish date: Sat, 25 Aug 2018, 10:06 PM

Posted by Sslee > 2024-04-04 07:54 | Report Abuse

https://klse.i3investor.com/blogs/Sslee_blog/2020-02-18-story-h1483850146-SC_wants_you_to_participate_effectively_at_an_Annual_General_Meeting.jsp

SC wants you to participate effectively at an Annual General Meeting
Author: Sslee | Publish date: Tue, 18 Feb 2020, 12:42 PM

Posted by WellnessAntiCancer > 2024-04-04 12:17 | Report Abuse

Investing successfully is a lonely road.

If someone follows the crowd, then the performance is average with them.

You have to be right when you invest and wait ALONE. - Howard Marks,CEO Oakstree, Top Tier Fund manager, >50 years.

Posted by Sslee > 2024-04-04 12:29 | Report Abuse

Investing is not a lonely road unless you are Mr.Looooong Philip.
You can put 20% of your money into trading and have fun.

Posted by Sslee > 2024-04-04 12:41 | Report Abuse

It will be lonely and boring if you like watching paint dry, like Philip or 3iii who insist his way is the only right way in investment.

So have fun and do some trading but never be like Mike-tikus trapped himself at jaks floor 19.

Know the business and the commodities price trend and you will be suprised it is not hard to trade an up trend stock for a reasonable profit.

TheContrarian is the master in trading undervalued stocks.

Posted by lene > 2024-04-04 13:30 | Report Abuse

Investing is boring and lonely without the presence of SSLEE, income, stockraider, orang tua, last but not least--->> LENO the world most intelligent cat.

INSAS Cantek-----> https://www.youtube.com/watch?v=e8u1tlcZP4Y

Posted by lene > 2024-04-04 13:33 | Report Abuse

The BOARD of DIRECTORS of LENO Berhad, is please to declare a FREE DIVIDEND to everyone of you here. NO PURCHASE OF LENO SHARES REQUIRED.

Here to receive ---> https://www.youtube.com/watch?v=2RUd0avp_G0
(Turn on your speaker to receive FREE LENO DIVIDEND)

Posted by lene > 2024-04-04 13:34 | Report Abuse

Insas 1.18
WC 0.38

1 week after expire
WC 0.38 will become mother 1.18 automatically
= 210.5 % profit in 2 years !!

INSAS RM 60 RINGGIT is KAMBENGGGGGGGG AAAAAAAAAAAAAAA !!

😘😘 Love Wins ALL https://www.youtube.com/watch?v=gacIbGBMqV4

Posted by lene > 2024-04-04 14:47 | Report Abuse

SSLEE no need to show off how much dividend you receive.

Better shout loud loud to INSAS BOD why not declare dividend

Posted by lene > 2024-04-04 14:48 | Report Abuse

insas kupang satu ringgit kambeng

Posted by Sslee > 2024-04-04 17:33 | Report Abuse

Mr Lee Soon Sheng, a shareholder mentioned that he intends to mobilize not less than 50 shareholders to send in requisition to move and vote on resolution requiring special notice under Section 322 of the Companies Act 2016 at the 57th AGM of INSAS :
To approve share distribution on the basis of one (1) Inari Amertron Berhad (“INARI”) (Company
No. 1000809-U) share for every two (2) existing ordinary INSAS shares of RM1.00 held in the Company.

His reasons for doing so are:
(a) To boost the INSAS share market price above RM1.00 so that warrant holders have the opportunity to convert their warrant with payment of RM1.00 into INSAS share
and at the same time receive the INARI share distribution rather than total losses if warrants expired on 25/2/2020 out of money. By so doing INSAS will receive RM265,202,536 and can utilize half of the sum to redeem the RPS.

(b) Reward the existing shareholders by distributing the INARI share to them and make it less tempting for big shark to make a hostile take-over.
Will the Board support the resolution? If NO what are the reasons for rejecting the resolution?

Board answer:

Based on the current depressed market conditions, the Board will not support such resolution as the Board believes that the distribution of INARI shares by way of dividend in specie or otherwise to all INSAS shareholders is not in the best interest of the Company.
Reasons (amongst others):
(a) for prudent management, INSAS needs to retain adequate reserves to weather any potential unforeseen deterioration in the market conditions, and to position the Group for future growth and any good investment opportunities which may arise during this downturn;

(b) pursuant to the Companies Act 2016, a company may only make a distribution to the shareholders out of profits of the company available. As of 30 June 2018, the available profit of the Company is RM22.0 million only; and the priority of the Board is to retain sufficient available profit to redeem the RM132.6 million RPS which are due to mature in February 2020;

(c) INSAS has more than 26,000 registered shareholders and the share distribution will create a large free float of INARI shares in the market, and the increased liquidity will likely depress further the market price of INARI; and

(d) INARI contributes a significant annual equity profit and cash dividends to INSAS.

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

INSAS has more than 26,000 registered shareholders ....... so many got trapped in Insas!

Posted by Income > 2024-04-04 22:33 | Report Abuse

https://youtube.com/shorts/0BSlN1jI1Jk?si=Aspx22Bmy966WS9g

Posted by TheContrarian > 2024-04-05 11:25 | Report Abuse

Imagine 26,000 shareholders trying to get out of Insas trap, no wonder Insas cannot break out.

Posted by BLee > 2024-04-05 12:51 | Report Abuse

“TheContrarian > 1 hour ago
Imagine 26,000 shareholders trying to get out of Insas trap, no wonder Insas cannot break out.”

To be exact, the 26,000 shareholders could have escape “the trap” a few times since the year 2016. I have had “escape the trap” during the 2nd RI RPS and still holding 20% with average cost below 60sen. In retrospect, I did not reinvest the Dividend earned; and got trapped elsewhere…

Posted by TheContrarian > 2024-04-05 13:33 | Report Abuse

Only 260 shareholders escaped.

Posted by Balian de Ibelin > 2024-04-05 13:34 | Report Abuse

SELL

Posted by BLee > 2024-04-05 13:45 | Report Abuse

"TheContrarian > 4 minutes ago |
Only 260 shareholders escaped."

And ready to be "re-trapped" if price falls below 1 Ringgit?? Next escape opportunity could be after 3rd RI RPS?? Caution, past trend not necessary future movements pattern... Happy Trading and TradeAtYourOwnRisk

Posted by TheContrarian > 2024-04-05 13:52 | Report Abuse

I always wonder why people didn't sell off Insas at RM1.30+ in January. Can easily buy back now so much cheaper.

Posted by TheContrarian > 2024-04-05 14:05 | Report Abuse

If one were to sell 100,000 Insas shares at 1.30 in January and buy back at 1.07 today, there's a cool RM20,000+ extra cash and you still own 100,000 shares.

Posted by BLee > 2024-04-05 14:36 | Report Abuse

“TheContrarian > 5 minutes ago
I always wonder why people didn't sell off Insas at RM1.30+ in January.”

There is no if for shares investing; example why I invest 50% in MFCB around a Ringgit and 50% in Insas around 50sen few year ago? Reason: Insas half the value of MFCB. As price doesn't matter, it is the unknown “if” I have invested more in MFCB or Insas; the fortune could be reversed in a few years time?
Now, my MFCB (still holding with 1 to 1 BI) is getting more than twice the return compared with Insas as per my recent calc…(Sorry, telling the gain only. My ICPS investment another story; making 100% one day paper gain, losing back the next day without opportunity to sell)

Posted by Sslee > 2024-04-05 15:13 | Report Abuse

Wonder not, because leno say insas RM 60 kambiiiiing hence why want to sell at RM 1.30+?

Posted by TheContrarian > 2024-04-05 16:05 | Report Abuse

@MrSslee, very true, so many people actually believed Leno.