Posted by Johnchew5 > 2024-05-13 13:20 |

Post removed.Why?

Posted by Johnchew5 > 2024-05-13 13:26 |

Post removed.Why?

Posted by Sslee > 2024-05-13 13:56 | Report Abuse

A rising tide lifts all boats. Hopefully Insas will break RM 1.20 again soon.

Posted by Zazzyy > 2024-05-13 14:18 | Report Abuse

If you are depressed you are living in the past.
If you are anxious you are living in the future.
If you are at peace you are living in the present.
Lao Tzu

Posted by grademinerco > 2024-05-13 14:19 | Report Abuse

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Posted by Income > 2024-05-14 11:28 | Report Abuse

Dino 🦕 where’s she?

Posted by Income > 2024-05-14 11:34 | Report Abuse

I am sure that this happens to 🐀
See for yourself laaaa
https://youtube.com/shorts/sPW1jG_avpE?si=51oIur6sDSk1Q6KA

Posted by TheContrarian > 2024-05-14 15:28 | Report Abuse

Dino 🦕🦖 all extinct already.

Posted by Income > 2024-05-15 00:01 | Report Abuse

LOL

Posted by Income > 2024-05-15 00:25 | Report Abuse

🐀 Omg.
https://youtube.com/shorts/HrKu11WAirE?si=SVq6WAgtaDlwm_t-

Posted by TheContrarian > 2024-05-15 10:00 | Report Abuse

Insas 30 sen selling for a ringgit has Gloves. Glove counters flying.

Posted by TheContrarian > 2024-05-15 10:01 | Report Abuse

Don't forget that Insas also has OCBC Bank.

Posted by TheContrarian > 2024-05-15 10:24 | Report Abuse

Posted by stockraider > 2024-01-28 11:22 | Report Abuse

Insas will beat Osk share price soon loh!

OSK now 1.63. Insas will beat OSK price soooooooon 😂

Posted by TheContrarian > 2024-05-15 11:53 | Report Abuse

Which brainless person are selling Insas at 1.05? Insas has over RM1 billion cash, Insas has hundreds of millions of Inari shares, Insas has OCBC Bank, Insas has Gloves 😂

Posted by Sslee > 2024-05-15 11:58 | Report Abuse

Shhhh I am waiting to buy Insas below RM 1.00

Posted by ocbc > 2024-05-15 12:02 | Report Abuse

https://asia.nikkei.com/Business/Startups/Malaysian-chip-focused-venture-fund-to-invest-in-over-10-startups

Posted by Sslee > 2024-05-15 12:02 | Report Abuse

Insas invested in many private companies in the form of preference shares that pay a certain dividend yearly.

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

Insas investing in Preference shares are very similar to Berkshire Hathaway subscribed US$5Billion Preference shares in Goldman Sachs during the Financial crisis, 2008 with coupon rate 10%.

Preference shares are the FIRST in line on debt repayment.

Astute business move.

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

Posted by Sslee > 1 hour ago | Report Abuse
Insas invested in many private companies in the form of preference shares that pay a certain dividend yearly.

SSLee sifu
where can i obtain the informations ha...?
AR didn't state which private companies' preference share that Insas is holding...

Posted by Sslee > 2024-05-15 14:04 | Report Abuse

SUBSIDIARY COMPANIES
Company
2023 2022
RM’000 RM’000
(a) Quoted shares, at cost 222,000 –
Unquoted shares, at cost 80,511 196,991
Equity loans (Note 10(c)) 278,226 280,946
Redeemable convertible preference shares (Note 10(d)) 437,100 483,600
Less: Accumulated impairment loss (38,047) (36,207)
979,790 925,330
Market value of quoted shares 262,364 –

Posted by Permutation > 2024-05-15 14:14 | Report Abuse

Every stock has its day. Insas could be next.

Posted by TheContrarian > 2024-05-15 14:36 | Report Abuse

Insas had its day in January if you didn't know.

Posted by Income > 2024-05-15 15:15 | Report Abuse

Gloves flying? Oh Dear… disease is back???

Posted by Income > 2024-05-15 15:27 | Report Abuse

Insas taukeh doesn’t know how to manage company… just invest Rm in other companies to earn money. Lazy bones taukeh??? How u all don’t invest directly in Inari?

Posted by TheContrarian > 2024-05-15 15:31 | Report Abuse

If retailers flock to Inari to chase, Insas taukeh will sell down Inari.

Posted by BLee > 2024-05-15 15:57 | Report Abuse

“Income > Gloves flying? Oh Dear… disease is back???”

Hope no more pandemic, once in a lifetime is enuf..
Please read Top Glove forum; ‘US raised the tariffs on Chinese rubber medical and surgical gloves to 25% from 7.5%’, hoping this will benefit Malaysia Glove manufacturers.

On another note, 1 Inari can get 3 Insas. If Insas can reach MYR1.8, that will be an almost 80% increase. Can Inari increase by 80% to MYR 5.4?

Posted by TheContrarian > 2024-05-15 16:43 | Report Abuse

In 4.5 months my SBagan went up from 3.25 to 6.47, that's 99% gain.

Posted by TheContrarian > 2024-05-15 16:46 | Report Abuse

At RM3.25 with NTA in excess of RM10 I was paying 30 sen per ringgit when I bought SBagan in December 2023.

Posted by TheContrarian > 2024-05-15 17:23 | Report Abuse

Despite the KLSE CI closing in the red, Insas has shown great resilience to close 1 sen up. If Insas closes 1 sen up everyday Insas will reach RM1.80 in 73 trading days.

Posted by TheContrarian > 2024-05-15 17:59 | Report Abuse

As stated in the Circular, the completion of the Proposed Rights Issue will not give rise to any consequences of MGO. However, should the major shareholders or persons acting in concert (“PAC”) exercise their Warrants such that their shareholdings in Insas increase to more than 33%, they are obliged to undertake a MGO for all the remaining Insas shares not already held by them.
Under the Companies Act 2016, RPS can be redeemed out of 3 scenarios:- 1) Retained profit; 2) New issuance of shares; or 3) Capital of the company. It is likely that the Company will redeem this new RPS out of retained earnings. Presently the Group has retained earnings for more than RM750 million, the Board is comfortable that this will not affect the available retained earnings for distribution as dividends to shareholders.

Extracts of Minutes of the EGM held to approve the RPS of Insas on 23 December 2020.

Posted by Income > 2024-05-16 10:15 | Report Abuse

Insas too much cash. Stingy with dividends. 🩴🩴

Posted by TheContrarian > 2024-05-16 10:20 | Report Abuse

Dividend will be low until after Thong crosses over to more than 50% shareholding.

Posted by UncleFollower > 2024-05-16 12:59 | Report Abuse

If one counts on individual counter specific events...this insas quite hopeless la

Posted by UncleFollower > 2024-05-16 13:01 | Report Abuse

At present best case is broader market remains bullish, everything else go up and then people come and buy the pitiful laggard 🤣

Posted by TheContrarian > 2024-05-16 13:09 | Report Abuse

Hahaha, pitiful laggard. 🤣

Posted by TheContrarian > 2024-05-16 13:26 | Report Abuse

If a person trapped in Insas keeps buying to average down there might be opportunity loss buying other stocks.

Posted by TheContrarian > 2024-05-16 13:32 | Report Abuse

Last week I grabbed some Mycron at 36.5 sen, this morning sold off this batch at 39.5 sen for some weekend pocket money.

Posted by TheContrarian > 2024-05-16 16:38 | Report Abuse

Which brainless person are selling Insas at 1.05? Insas has over RM1 billion cash, Insas has hundreds of millions of Inari shares, Insas has OCBC Bank, Insas has Gloves 😂

Posted by Income > 2024-05-16 18:15 | Report Abuse

Posted by TheContrarian > May 16, 2024 4:38 PM | Report Abuse

Which brainless person are selling Insas at 1.05? Insas has over RM1 billion cash, Insas has hundreds of millions of Inari shares, Insas has OCBC Bank, Insas has Gloves 😂

?
Holding until you tua lahhh if you are suggesting that???

Posted by TheContrarian > 2024-05-16 18:25 | Report Abuse

Leno hold 15 years already.

Posted by Income > 2024-05-16 18:39 | Report Abuse

How many more 15 years Dino 🦕 hasssss?

Posted by Income > 2024-05-17 09:27 | Report Abuse

I think Insas is controlled by Thong and his Assistant Dino 🦕???
That’s why Dino very confident laaa

Posted by Income > 2024-05-17 09:28 | Report Abuse

Dino strategy = buy and forget about it laaaa

Posted by TheContrarian > 2024-05-17 09:35 | Report Abuse

If brainless people keep selling Insas at 1.05, how to reach 1.80?

Posted by Income > 2024-05-17 09:37 | Report Abuse

Posted by TheContrarian > May 17, 2024 9:35 AM | Report Abuse

If brainless people keep selling Insas at 1.05, how to reach 1.80?

?
That shows people not confident enough about Insas…

Posted by Sslee > 2024-05-17 09:42 | Report Abuse

I am waiting for Inari and M&A quarter result to decide whether to buy back more Insas.

Posted by TheContrarian > 2024-05-17 09:46 | Report Abuse

@MrSslee, please be aware that at the current range of Insas price it's left hand buying, right hand selling, then right hand buying back.

Posted by Sslee > 2024-05-17 09:53 | Report Abuse

I am actually hoping for Insas BOD start to deploy the RM 1 billion+ cash hoard.

Posted by TheContrarian > 2024-05-17 10:02 | Report Abuse

The cash hoard will just keep growing until after Thong crosses over the 50% shareholding line.

Posted by Sslee > 2024-05-17 10:11 | Report Abuse

That will be latest by Feb 2026 when Insas-WC expired