Posted by Sslee > 2024-05-13 11:58 | Report Abuse

My Tp for Insas, Jayatiasa and OSK is RM 1.50. So far OSK already RM1.60

Posted by TheContrarian > 2024-05-13 11:59 | Report Abuse

After OCBC Bank takes 100% control of Great Eastern they might decide to list Great Eastern Malaysia in Bursa, hahaha.

Posted by speakup > 2024-05-13 11:59 | Report Abuse

Yah ke? Like that must sailang Insas ya?

Posted by TheContrarian > 2024-05-13 12:00 | Report Abuse

@MrSslee, you did manage to sell some Jayatiasa at RM1.50 level recently. Insas, as we know, RM1.50 susah.

Posted by UncleFollower > 2024-05-13 12:02 | Report Abuse

OCBC succumbed to the pressure of that individual investor w a series of proposals to slash board salaries

Posted by UncleFollower > 2024-05-13 12:03 | Report Abuse

Maybe @MrSslee can make similar proposals for Insas in upcoming AGM

Posted by TheContrarian > 2024-05-13 12:03 | Report Abuse

Insas going to report good quarterly results this month but definitely no surprise dividend. Insas NTA will go further up. Buy before the results?

Posted by Sslee > 2024-05-13 12:03 | Report Abuse

Insas isn't performing that is why I already sold most of my Insas

Posted by TheContrarian > 2024-05-13 12:05 | Report Abuse

I think MrSslee is fed up with Insas BOD.

Posted by EngineeringProfit > 2024-05-13 12:09 | Report Abuse

Huat ar...

Posted by UncleFollower > 2024-05-13 12:10 | Report Abuse

Insas share price wise, is such a sad case. Well, it will remain sad until it's not 😂

Posted by TheContrarian > 2024-05-13 12:10 | Report Abuse

Currently for a stock to really fly, it needs to have some connection with data centre. If Insas were to announce something on data centre, sure fly.

Posted by UncleFollower > 2024-05-13 12:12 | Report Abuse

What if Insas does what it always does...invest and take a minority stake in something to do w data centre. Finish their cash on a minority stake. If they do that...I will follow MrSslee Bye Bye.

Posted by TheContrarian > 2024-05-13 12:13 | Report Abuse

@UncleFollower, back in January Insas was such an exciting stock.

Posted by TheContrarian > 2024-05-13 12:13 | Report Abuse

Insas tried that on glove manufacturing I think, during Covid.

Posted by UncleFollower > 2024-05-13 12:15 | Report Abuse

@TheContrarian maybe still got hope. Low volume so it takes longer to churn so that chart has to extend for longer horizontally. It is the most unusual case for a fundamentally strong stock to explode this way and then just die down. Consolation it didnt really break below that 61.8% thing and has now bounced back. Mildly.

Posted by Sslee > 2024-05-13 12:15 | Report Abuse

I am more interest on when and how BOD going to deploy the billion cash hoard and not on their remuneration.

Posted by TheContrarian > 2024-05-13 12:19 | Report Abuse

For those who don't know I want to reveal here that Insas has a minority stake in Ninja Van. Lately Ali Baba has emerged as a shareholder in Ninja Van. Ninja Van is scheduled to be listed in Singapore stock exchange.

Posted by UncleFollower > 2024-05-13 12:20 | Report Abuse

1,095,526,000. That's 95.526M more than a billion, which is around 14.5cents a share. Mind boggling.

Posted by UncleFollower > 2024-05-13 12:21 | Report Abuse

Ninja Van. How did you even know. Good researcher you

Posted by TheContrarian > 2024-05-13 12:24 | Report Abuse

I read a lot.

Posted by UncleFollower > 2024-05-13 12:24 | Report Abuse

Warren buffett.

And Tan Teng Boo paraphrased him many times everywhere, same same.

Posted by TheContrarian > 2024-05-13 12:27 | Report Abuse

Insas is more like a capital venture company, it tries to put its fingers in many pies.

Posted by UncleFollower > 2024-05-13 12:28 | Report Abuse

Referring to the I read a lot ya

Not Insas

Insas is no Buffett. If he was, he would have initiated a huge SBB. Buffett made shareholders rich, Insas...

Posted by TheContrarian > 2024-05-13 12:30 | Report Abuse

Insas can't do SBB because of Thong.

Posted by UncleFollower > 2024-05-13 12:30 | Report Abuse

Ok. Looks like it's gonna be just like that today huh. And if tmr it goes back down, I continue sleeping and play other counters 😪

Posted by TheContrarian > 2024-05-13 12:31 | Report Abuse

Insas will make Thong very, very rich at the expense of the minorites.

Posted by UncleFollower > 2024-05-13 12:31 | Report Abuse

And Thong isn't even willing to trigger MGO at 1.30 1.40 1.50 1.60.

Posted by TheContrarian > 2024-05-13 12:32 | Report Abuse

@UncleFollower, isn't it obvious in Insas it's left hand to right hand then back to left hand hoping to draw in the water fish.

Posted by TheContrarian > 2024-05-13 12:33 | Report Abuse

Thong has a wonderful chance to trigger MGO at 90 sen.

Posted by UncleFollower > 2024-05-13 12:33 | Report Abuse

It tis. Disguised as a good stock becauuse of very strong fundamentals. Water fish like myself hoping for that surge as is ncessary for distribution. Remind us to sell then 😂

Posted by Sslee > 2024-05-13 12:34 | Report Abuse

Insas already owned PRAC why invest in Ninja Van?

PRAC Transport Sdn. Bhd. Provision of transportation Malaysia services, delivery of goods and courier services

PRAC BlueBox Sdn. Bhd. – Provision of transportation Malaysia services, courier services and leasing of trucks

Posted by UncleFollower > 2024-05-13 12:35 | Report Abuse

I think KSL could have succeeded at $1, $1.20, $1.40 many times over the years. They didnt.

If Thong thinks the same way, whatever that state of mind is, he isn't going to do it even as low as $1.50. Happy to stay listed

Posted by TheContrarian > 2024-05-13 12:36 | Report Abuse

I have been in and out of Insas since 2016, that's 8 years.

Posted by UncleFollower > 2024-05-13 12:37 | Report Abuse

MMC was taken at $2.00 and the market allowed it. In fact was ecstatic over it. Recall how he flushed it down to below $1.00 immediately preceding the buy out offer

Posted by UncleFollower > 2024-05-13 12:37 | Report Abuse

Year 1 for me. And I am not sure it is a good idea 🤣

Posted by TheContrarian > 2024-05-13 12:38 | Report Abuse

Ninja Van is Singapore company, have gone regional I think with operations even in Indonesia and Philippines, need to check. With Ali Baba entering as shareholder definitely going into China.

Posted by TheContrarian > 2024-05-13 12:40 | Report Abuse

MMC was taken private when the stock market was in bear phase I think.

Posted by Sslee > 2024-05-13 12:41 | Report Abuse

Ninja is taboo in China.

Posted by UncleFollower > 2024-05-13 12:41 | Report Abuse

Ali Baby is carrying a huge loss on its Singpost investment. As is Foxconn in DNEX. Ninja Van...

None of these subsidiaries, or associates or minority stakes do well for the holding co's share price.

Think Wilmar, Genting. Even MMC which was privatised.

So I think no difference. I mean...it is holding >1B cash + Inari and trading at 700M, this in itself is enough if it doesnt move it closer to NAV what else could. Sad case.

Posted by TheContrarian > 2024-05-13 12:47 | Report Abuse

Ninja still recording operating loss, that's why listing deferred until such time there's profit. Just checked Ninja Van is regional operating in Singapore, Malaysia, Indonesia, Thailand, Philippines, Burma. Might enter China?

Posted by TheContrarian > 2024-05-13 12:48 | Report Abuse

Hahaha @ MrSslee, no Japanese sounding name company for China.

Posted by Johnchew5 > 2024-05-13 12:51 |

Post removed.Why?

Posted by Sslee > 2024-05-13 12:54 | Report Abuse

MMC taken ptivate because URUSHARTA JAMAAH SDN BHD keep selling MMC at cheaper and cheaper price until major shareholder Syed Mokhtar get angry and offer SCR to take it ptivate

Posted by Johnchew5 > 2024-05-13 12:58 |

Post removed.Why?

Posted by Johnchew5 > 2024-05-13 13:02 |

Post removed.Why?

Posted by Johnchew5 > 2024-05-13 13:02 |

Post removed.Why?

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

Someone still forever live in the past while I already move on.

Posted by Johnchew5 > 2024-05-13 13:06 |

Post removed.Why?

Posted by Sslee > 2024-05-13 13:10 | Report Abuse

I already build a portfolio worth a few millions meanwhile someone is licking his wounds in his how many digits book loss on JAKS.