Posted by Income > 2024-05-24 08:33 | Report Abuse

Don’t fall in love for Insas-tagen. Thong and et al are milking Sas-tagen???
Fall in love with your spouse only…

Posted by Sslee > 2024-05-24 08:54 | Report Abuse

Insas is such a cash rich and with 527,008,575 inari shares it did not matter what will be Insas quarter result but depend how someone wants to push up or push down.

Posted by TheContrarian > May 23, 2024 7:50 PM | Report Abuse
Don't panic, Insas still has RM1,160,000,000 cash.

Posted by Sslee > 2024-05-24 09:42 | Report Abuse

Insas NAPS is now RM 3.63.
If WC fully converted then the dilute NAPS is RM (1x3.63 + 0.5x0.9)/1.5 = 2.72

Posted by TheContrarian > 2024-05-24 10:08 | Report Abuse

Insas is classic case of value trap, most buy thinking they found a deeply undervalued winner but ended up trapped unable to sell for a gain.

Posted by TheContrarian > 2024-05-24 10:14 | Report Abuse

The best time to buy Insas has been when daily volume is low, when it is been ignored.

Posted by TheContrarian > 2024-05-24 11:15 | Report Abuse

Posted by Tatooine > 11 hours ago | Report Abuse

Even M&A listing was a con, syf shareholders were well rewarded with a special dividend, Insas shareholders as usual nothing. Dato Chee a good friend of Thongs was a substantial shareholder and made a lot of money … again I am sure thong also got rewarded. Then Chee appear at inari but then quickly stepped down, then at Ho hip, since 2021 on microlink board… Thong and friends get rich insas shareholders don’t !!!

Tatooine has clearly shown that Thong does not give a damn to minorities. Stockbroking is Insas original core business. And yet minority shareholders, some who have probably held Insas shares for over 15 years did not receive any distribution of M&A shares.

Posted by TheContrarian > 2024-05-24 11:19 | Report Abuse

The only people who speaks well of Thong are those people who are stuck with Insas bought at high prices. They speak fondly of Thong to hook wink water fish to buy Insas so that they themselves could later sell and recover their losses. They would shamelessly promote Insas.

Posted by UncleFollower > 2024-05-24 11:20 | Report Abuse

That's 95% of the time 🤣



TheContrarian

The best time to buy Insas has been when daily volume is low, when it is been ignored.

1 hour ago

Posted by UncleFollower > 2024-05-24 11:21 | Report Abuse

You have a good point here



TheContrarian

The only people who speaks well of Thong are those people who are stuck with Insas bought at high prices. They speak fondly of Thong to hook wink water fish to buy Insas so that they themselves could later sell and recover their losses. They would shamelessly promote Insas.

44 seconds ago

Posted by UncleFollower > 2024-05-24 11:22 | Report Abuse

Late to market today. I should have stuck to my overnight buy queues for warrants now I can sell back to the buyers, missed opportunity

Posted by xiaoeh > 2024-05-24 11:23 | Report Abuse

Posted by TheContrarian > 1 minute ago | Report Abuse
The only people who speaks well of Thong are those people who are stuck with Insas bought at high prices. They speak fondly of Thong to hook wink water fish to buy Insas so that they themselves could later sell and recover their losses. They would shamelessly promote Insas.

wah....
under 20:80 rule
later TheContrarian become public enemy liao....

Posted by Sslee > 2024-05-24 11:24 | Report Abuse

Because of Insas is controlling shareholder of Inari hence many was nominated by insas to directorship of Inari and entiltle to Inari yearly ESOS.

Did insas minoroty shareholders benefit from Insas holding Inari shares or Insas now holding RM1,160,000,000 cash?

Posted by UncleFollower > 2024-05-24 11:25 | Report Abuse

In the AGM an investor asked Insas's board what plans do they have to narrow the NAV and price gap. Insas answered, investors are encourage to exercise all the warrants 🤣🤣🤣



Sslee

Insas NAPS is now RM 3.63.
If WC fully converted then the dilute NAPS is RM (1x3.63 + 0.5x0.9)/1.5 = 2.72

1 hour ago

Posted by UncleFollower > 2024-05-24 11:27 | Report Abuse

If only Insas has sophisticated investors like those in Great Eastern or Isetan...

If only Bursa has activist investors like Bill Ackman or raiders like Carl Icahn...

Then you and I have no chance to buy Insas at this price ever

Posted by UncleFollower > 2024-05-24 11:28 | Report Abuse

The knee jerk reaction this morning

The recovery now

There's relative strenght in Insas now. Looks like it's gathering strength to break above $1.10

Posted by UncleFollower > 2024-05-24 11:29 | Report Abuse

If you're greedy and have sold some WC, it's time to buy the warrants

If you're a "long-term" investor or have a lot of spare cash to lock up, it's time to buy the mother share

Turnover is only $2M and $1M respectively, fulfill's contrarian's criteria of low volume

Posted by Sslee > 2024-05-24 11:29 | Report Abuse

RTO of SYF. TheContrarian make handsome profit from holding SYF.

The RTO is just to save Insas holding in SYF and SYF boss.

Insas can actually list M&A securities by normal IPO and that will most likely benefit Insas minority shareholders as minority shareholders are entitle to subscribe to the IPO.

Posted by TheContrarian > 2024-05-24 12:15 | Report Abuse

I made so so gain only on SYF. Cashed out before the special dividend and return of capital.

Posted by TheContrarian > 2024-05-24 12:16 | Report Abuse

Posted by UncleFollower > 46 minutes ago | Report Abuse

The knee jerk reaction this morning

The recovery now

There's relative strenght in Insas now. Looks like it's gathering strength to break above $1.10

This is because overall sentiment in the local stock market is still bullish. Insas not likely to dip below RM1 even if Dow Jones falls again tonight.

Posted by TheContrarian > 2024-05-24 12:22 | Report Abuse

Posted by UncleFollower > 50 minutes ago | Report Abuse

If only Insas has sophisticated investors like those in Great Eastern or Isetan...

If only Bursa has activist investors like Bill Ackman or raiders like Carl Icahn...

Then you and I have no chance to buy Insas at this price ever.

We have one here : MrSslee, he tried hard at every AGM, got the annual dividend increased from 1 sen to 2.5 sen. Even scared the shit out of Thong until he unexpectedly resigned as Director.

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

At least MrSslee benefited substantially from selling 1.9 million Insas shares in January.

Posted by TheContrarian > 2024-05-24 12:25 | Report Abuse

Now the sharks are stuck with 1.9 million shares bought from MrSslee and are trying to unload to water fish. 🤣

Posted by Sslee > 2024-05-24 12:49 | Report Abuse

I am waiting to buy back at below RM 1.0 and then below RM 0.9

Posted by Sslee > 2024-05-24 12:52 | Report Abuse

If only I have a billion then most likely I will take over insas and earn myself another billion. That is how undervalued Insas is.

Posted by TheContrarian > 2024-05-24 12:55 | Report Abuse

With current bullish sentiment in the local stock market there are other stocks that will probably give greater gains.

Posted by Tatooine > 2024-05-24 14:19 | Report Abuse

It’s a tragedy how badly insas is being run and managed. A massive value could easily be released for shareholder. The amount of cash in the bank is wasteful and the directors are not doing there duty by not distributing it and only following the orders of the major shareholder. In a properly regulated exchange they would not get away with it. An rm1 special dividend could be given tomorrow and would not have any cash flow issues. Insas is also performing badly under Dato Wong, they knew it was performing badly which is why they covered it up by selling shares to inflate profit and try and cover loses through bad management. All thong related companies performing badly.

Posted by Tatooine > 2024-05-24 14:59 | Report Abuse

Buying more shares , making this a personal fight as annoyed. Will do some blogs as well, as you can imagine will be very critical of current board and thong. I see Monteiro is being forced to sell shares, I bet he is getting margin calls from insas as securities pledged are now worth a fraction of value when pledged. This again exposes insas shareholders to losses, Thongs dirty group of friends and abuse of insas funds is shocking.

Posted by Tatooine > 2024-05-24 15:57 | Report Abuse

Inari doing well, Insas shareholders get no value how Insas is run, the opposite at the moment with Dato Wong and Thong selling shares to just cover loses through bad management and bad investments

Posted by UncleFollower > 2024-05-24 16:04 | Report Abuse

Well done Inari go go go

Posted by UncleFollower > 2024-05-24 16:04 | Report Abuse

Oops wrong forum

Posted by UncleFollower > 2024-05-24 16:28 | Report Abuse

I really like how sellers start giving it to 1.04 as Inari is charging up. It's like they just wanna f w u hahaha

Posted by UncleFollower > 2024-05-24 16:28 | Report Abuse

Every cent Inari moves is in theory approx. 0.8c in Insas

Posted by UncleFollower > 2024-05-24 16:29 | Report Abuse

Inari is +18c, so Insas in theory should move up like 14c in a very efficient market, but no it moves down 3 cents instead lollll

Posted by Tatooine > 2024-05-24 16:53 | Report Abuse

That is because the market and investors think Thong and the Directors of insas are both incompetent and manipulating the insas share price for their own gain rather than making value for other shareholders!

Posted by Tatooine > 2024-05-24 16:54 | Report Abuse

Inari now up 21 cents

Posted by Tatooine > 2024-05-24 16:56 | Report Abuse

The independent directors of insas are going to be very exposed to legal action as they are not doing there fiduciary duty

Posted by UncleFollower > 2024-05-24 16:59 | Report Abuse

24/5/24 Closing

Inari +21 cents

Insas holds 527,008,575 Inari shares x 0.21 = +RM110,671,800

+RM110M for every Insas Share = + RM0.1668985 per Insas Share

Insas closed down -RM0.04 per share 🤣🤣🤣

Posted by TheContrarian > 2024-05-24 17:33 | Report Abuse

Insas market price movement NEVER follows Inari. For over 8 years already I have observed.

Posted by TheContrarian > 2024-05-24 17:37 | Report Abuse

This is exactly why Insas is a value trap.

Posted by TheContrarian > 2024-05-24 17:42 | Report Abuse

Leno's return next week has been postponed indefinitely, hahaha. 🤣

Posted by TheContrarian > 2024-05-24 17:43 | Report Abuse

Today which brainless person sold Insas at 1.04?

Posted by Sslee > 2024-05-24 17:44 | Report Abuse

Must ask TTB to become director of Insas.
Then TTB will highlight insas holding on Inari is worth how much and he will also come up a dividend scheme that will narrow the market price with NAPS.

Posted by TheContrarian > 2024-05-24 17:46 | Report Abuse

But ICap hardly ever pays any dividend.

Posted by Sslee > 2024-05-24 17:51 | Report Abuse

Monday, October 2nd, 2023 at Business | News

iCapital.biz Bhd (ICAP) is introducing an innovative dividend policy to reduce the gap between ICAP’s share price and net asset value (NAV) and potentially bring its share price to a premium, as it did initially.

The policy includes a 1% Base Rate of NAV per share plus an 8% Top-up Rate, but the Top-up Rate won’t apply if ICAP’s share price is trading at parity or a premium to NAV.

The dividend yield is expected to be around 4%, paid annually.


Additionally, ICAP is introducing a dividend reinvestment plan (DRP), allowing shareholders to reinvest dividends into new ICAP shares.

The goal is to remedy the NAV-share price discount without compromising the fund’s investment philosophy.

ICAP’s designated person, Tan Teng Boo, mentioned that this innovative policy aims to resolve the persistent discount issue between ICAP’s share price and NAV.

The proposed DRP aims to increase shareholder participation in ICAP, boost liquidity, and improve long-term capital appreciation.

The dividend policy will be explained in detail at ICAP’s AGM on November 4, 2023.

ICAP’s NAV has outperformed the MSCI Malaysia Index over three years, rising 34.03%, while the share price has increased by 53.53%.

ICAP will call for an Egm to seek shareholder approval for the DRP, with RHB Investment Bank Bhd as the principal adviser and Astramina Advisory Sdn Bhd as the financial adviser for ICAP’s dividend policy and proposed DRP.

Posted by TheContrarian > 2024-05-24 17:55 | Report Abuse

Oh, wasn't aware of that. Have not been interested in ICap.

Posted by TheContrarian > 2024-05-24 18:27 | Report Abuse

Yesterday Insas at 1.08 was selling at 80% discount. Today at the end of the day Insas at 1.04 with Inari closing 0.21 up, is selling at 85% discount. Insas getting cheaper, don't forget to buy next Monday.

Posted by EngineeringProfit > 2024-05-24 18:39 | Report Abuse

Yup, I'm supposed to be back collecting bit by bit

Posted by TheContrarian > 2024-05-24 18:51 | Report Abuse

Investing in Insas shares is as safe as putting money in FD in a bank. Insas has over RM1,000,000,000 cash and over 500,000,000 Inari shares, cannot go bankrupt one. Last month I bought Insas at 1.03 and this week I sold at 1.11 giving a 7% gain in one month. You put money in FD one year interest also cannot get 7%.

Posted by TheContrarian > 2024-05-24 18:57 | Report Abuse

Insas also has OCBC Bank shares and Ninja Van.

Posted by TheContrarian > 2024-05-24 18:58 | Report Abuse

Ninja Van Malaysia’s Singapore-based parent company Ninja Logistics Pte Ltd (Ninja Van Group) has raised US$976.5 million in the 10 years since its establishment. Investors include Singapore-based tech venture capital firm Monk’s Hill Ventures, Insas Bhd, DPDgroup (Europe’s largest parcel delivery network), China’s Alibaba Group Holding Ltd, B Capital Group Management LP and ride-hailing firm Grab Holdings Inc.