INSAS BHD

KLSE (MYR): INSAS (3379)

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Last Price

1.05

Today's Change

-0.02 (1.87%)

Day's Change

1.04 - 1.07

Trading Volume

1,127,000


44 people like this.

45,765 comment(s). Last comment by Income 17 hours ago

Mikecyc

45,527 posts

Posted by Mikecyc > 2 months ago |

Post removed.Why?

Mikecyc

45,527 posts

Posted by Mikecyc > 2 months ago |

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Tatooine

200 posts

Posted by Tatooine > 2 months ago | Report Abuse

Insas will be under rm1 soon with thong and other clowns running it and pushing down share value . Then he will delay any mbo as long as possible

Mikecyc

45,527 posts

Posted by Mikecyc > 2 months ago |

Post removed.Why?

Mikecyc

45,527 posts

Posted by Mikecyc > 2 months ago |

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Posted by shikjc9300 > 2 months ago | Report Abuse

What is MGO

Sslee

5,775 posts

Posted by Sslee > 2 months ago | Report Abuse

MGO: A mandatory general offer involves the person that has triggered the offer obligation making an offer to all of the shareholders of the target to acquire their shares.

You can google SC rule on MGO

TheContrarian

9,171 posts

Posted by TheContrarian > 2 months ago | Report Abuse

Aah, another water fish joins the forum.

Mikecyc

45,527 posts

Posted by Mikecyc > 2 months ago |

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Mikecyc

45,527 posts

Posted by Mikecyc > 2 months ago |

Post removed.Why?

Mikecyc

45,527 posts

Posted by Mikecyc > 2 months ago |

Post removed.Why?

Mikecyc

45,527 posts

Posted by Mikecyc > 2 months ago |

Post removed.Why?

Mikecyc

45,527 posts

Posted by Mikecyc > 2 months ago |

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Sslee

5,775 posts

Posted by Sslee > 2 months ago | Report Abuse

Once upon a time everyone is a water fish but people change with time and experience.
So welcome to i3investor and remember you do not need to lower your IQ to engage with low IQ people.
Just be yourself.

Sslee

5,775 posts

Posted by Sslee > 2 months ago | Report Abuse

By the way Insas is the most undervalued and depply depressed stock in Bursa.
You need to learn how to buy low and sell high from TheContrarian who had so far earned 4X gain

Mikecyc

45,527 posts

Posted by Mikecyc > 2 months ago |

Post removed.Why?

Mikecyc

45,527 posts

Posted by Mikecyc > 2 months ago |

Post removed.Why?

Mikecyc

45,527 posts

Posted by Mikecyc > 2 months ago |

Post removed.Why?

Mikecyc

45,527 posts

Posted by Mikecyc > 2 months ago |

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Mikecyc

45,527 posts

Posted by Mikecyc > 2 months ago |

Post removed.Why?

Mikecyc

45,527 posts

Posted by Mikecyc > 2 months ago |

Post removed.Why?

Mikecyc

45,527 posts

Posted by Mikecyc > 2 months ago |

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Mikecyc

45,527 posts

Posted by Mikecyc > 2 months ago |

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Income

10,652 posts

Posted by Income > 2 months ago | Report Abuse

Thank you Sslee Sir for the competition link.

Income
10,599 posts
Posted by Income > 23 minutes ago | Report Abuse

Now I pray, I can beat Ytlpower, which is my elder brother stock. Hai yahhh… My elder brother name not in this competition or else he and Otb both are the champion as June 2024.
Never mind, let’s see the results in December 2024, who is the Champion. Jia you…

Thank you Sslee for this competition.
I can’t join i3 yearly Bursa stock pick competition because the slots are limited. So I joined Sslee held competition lohhh.

How come Mike 🐀 didn’t join this competition? No balls 🥎 mehh
Mike 🐀, you are Auditor but no balls. To tell you all, I am just a freelancer, I cook at hawker stall, sometimes I do photography. I play Bursa for my dream to migrate to Indonesia if I achieve millionaire in Bursa.
MikeCC 🐀 don’t copy DVD recorder and paste the same old record lahhh.

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2 months ago | Report Abuse

INSAS

Still a very gruesome company.
It will be difficult to value this company.
Many who invested into this company opine it is severely undervalued.
Yes, based on its discount to the NAV, it is severely undervalued.
Yet, an undervalued company can remain undervalued for a very long time.
Insas is indeed an example of this.

Over the last decade, its NAPS has grown from RM 1.73 to RM 3.47.
Over the same period, it continues to be priced at >70% discount to its NAPS.

Given its latest ROE of 3.61%, it is not surprising that it trades at a discount to its NAPS.
Over the decade, its share price fluctuated between RM 0.64 to RM 1.06.
In 2017, its share price touched RM 1.07 and today, its closing price was RM 1.08.

Yes, it is very undervalued. For those who have owned this stock the last 10 years, they are trapped waiting for this stock to be repriced.

Holding such stocks are fine, but if the fair value is not realised by the 2nd year or so, there is opportunity cost incurred. Imagine if you have held Scientex instead of Insas the last decade.

TheContrarian

9,171 posts

Posted by TheContrarian > 2 months ago | Report Abuse

Insas will continue to be a very "gruesome" company until Thong crosses 50% shareholding.

Sslee

5,775 posts

Posted by Sslee > 2 months ago | Report Abuse

You can either growing the profit or reducing the equity to increase your ROE.
Unfortunately Insas increasing the profit by selling Inari share but relutant to return the ever increasing retained profit to shareholders causing total equity to increase from RM 1,352,726,000 FY2016 to RM 2,340,464,000 FY2023.

Insas indeed a very "gruesome" company.
But know what 12 months Insas ROI beat PBB ROI contest.

https://klse.i3investor.com/blogs/Sslee_blog/2024-06-15-story-h-158959622-6_months_12_months_and_18_months_ROI_contest_part_III.jsp

Mikecyc

45,527 posts

Posted by Mikecyc > 2 months ago |

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Income

10,652 posts

Posted by Income > 2 months ago | Report Abuse

Mikecyc 🐀
Haha Konartist sslleee 🐭just tricky…choose ROI competition timing at Insas below RM 0.85 …

As said OTB promoted YTLpower at RM 1.10 …. Phillip promoted Harta at RM 5.80 on early 2022 …

?

MikeCC 🐀
My brother promoted Ytlpwr first lah. You pusing and putar the fact that Otb was promoting Ytlpwr first. You go back to school and study Spm again laaaa

Posted by StartOfTheBull > 2 months ago | Report Abuse

Forget about Insas, there are many other undervalued stocks in Bursa.

Mikecyc

45,527 posts

Posted by Mikecyc > 2 months ago |

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Mikecyc

45,527 posts

Posted by Mikecyc > 2 months ago |

Post removed.Why?

Mikecyc

45,527 posts

Posted by Mikecyc > 2 months ago |

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TheContrarian

9,171 posts

Posted by TheContrarian > 2 months ago | Report Abuse

Many stocks prices have risen over the past week but pity Insas which actually fell 5 sen from a week ago.

speakup

26,437 posts

Posted by speakup > 2 months ago | Report Abuse

That's why smart sifu Leno told us to sell

TheContrarian

9,171 posts

Posted by TheContrarian > 2 months ago | Report Abuse

Leno still stuck in Insas 15 years 5 months already. 🤣🤣🤣

Sslee

5,775 posts

Posted by Sslee > 2 months ago | Report Abuse

No worries about leno, will leno' WC automative converted to Insas after Feb 2026?
Cheer!!!

Sslee

5,775 posts

Posted by Sslee > 2 months ago | Report Abuse

Insas disposed another 500,000 inari shares on 19 june 2024.
Still holding 516,008,575 inari share.

Stock [INARI]: INARI AMERTRON BERHAD
Announcement Date 21-Jun-2024
Reference No CS2-18062024-00125
Substantial Shareholder's Particular:
Name INSAS BERHAD
Details of Changes:
Currency -
Date of Change Type Number of Shares
19-Jun-2024 Disposed 500,000
Registered Name Insas Plaza Sdn Bhd
Nature of Interest Indirect Interest
Nature of Interest Indirect Interest
Shares Ordinary shares
Reason Disposal in the open market
Total no of securities after change
Direct (units) 0
Direct (%) 0.00
Indirect (units) 516,008,575
Indirect (%) 13.70
Total (units) 516,008,575
Total (%) 13.70
Date of Notice 21-Jun-2024

Posted by StartOfTheBull > 2 months ago | Report Abuse

Why SSLee stopped commenting that there will be over saturated of office space and excess data centers in the forum?😁

Sslee

5,775 posts

Posted by Sslee > 2 months ago | Report Abuse

https://www.thestar.com.my/business/insight/2024/06/22/data-centres---beware-of-the-pitfalls

Data centres – beware of the pitfalls
By PANKAJ C. KUMAR
INSIGHT
Saturday, 22 Jun 2024

Sslee

5,775 posts

Posted by Sslee > 2 months ago | Report Abuse

By the way Eagle77 has done a very good promotion SCIB forum

Posted by Eagle77 > Jun 22, 2024 5:09 PM | Report Abuse
SCIB commonly wins almost all the contracts for building and repairing schools in Sarawak ✅

Sslee

5,775 posts

Posted by Sslee > 2 months ago | Report Abuse

MSC should report a very good quarter end 30 June 2024. Will top up MSC before next quarter result announcement.

Mikecyc

45,527 posts

Posted by Mikecyc > 2 months ago |

Post removed.Why?

Mikecyc

45,527 posts

Posted by Mikecyc > 2 months ago |

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Mikecyc

45,527 posts

Posted by Mikecyc > 2 months ago |

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Posted by StartOfTheBull > 2 months ago | Report Abuse

The only actual reason is both of you are holding SCIB share.

Sslee

5,300 posts

Posted by Sslee > 3 hours ago | Report Abuse

By the way Eagle77 has done a very good promotion SCIB forum

Posted by Eagle77 > Jun 22, 2024 5:09 PM | Report Abuse
SCIB commonly wins almost all the contracts for building and repairing schools in Sarawak ✅

Sslee

5,775 posts

Posted by Sslee > 2 months ago | Report Abuse

Repost from jaks forum
Posted by duatlai > Jun 15, 2024 4:57 PM | Report Abuse
Surprised to have educated people writing nonsense, !

Your advise noted with thanks.
I just try to lower down my IQ to talk to low IQ Mike-tikus.
From now on I will just let him talk to himself, kaki kong kaki song.
15/06/2024 6:31 PM

Posted by StartOfTheBull > 2 months ago | Report Abuse

🤣🤣🤣

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