INSAS BHD

KLSE (MYR): INSAS (3379)

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Last Price

0.94

Today's Change

+0.015 (1.62%)

Day's Change

0.915 - 0.94

Trading Volume

328,400


43 people like this.

46,503 comment(s). Last comment by Lpc1225 1 hour ago

Johnchew5

11,694 posts

Posted by Johnchew5 > 2024-05-28 22:10 |

Post removed.Why?

Johnchew5

11,694 posts

Posted by Johnchew5 > 2024-05-28 22:18 |

Post removed.Why?

TheContrarian

9,505 posts

Posted by TheContrarian > 2024-05-28 22:23 | Report Abuse

@MrSslee, there's interesting development at MPHBCap where Surin attempts to privatize the Company via SCR which requires 75% acceptance and not more than 10% opposing.

Tatooine

283 posts

Posted by Tatooine > 2024-05-29 01:12 | Report Abuse

@sslee who do you think is taking up rm92 million cash raise in microlink ?

Sslee

6,877 posts

Posted by Sslee > 2024-05-29 06:37 | Report Abuse

Insas hold 9.96% Omesti
Omesti hold 30.44% Microlink and still selling down its holding.

Johnchew5

11,694 posts

Posted by Johnchew5 > 2024-05-29 10:05 |

Post removed.Why?

UncleFollower

1,766 posts

Posted by UncleFollower > 2024-05-29 10:07 | Report Abuse

@Contrarian can buy back a bit already targetting 100% return p.a. by trades and without dividends lol

Johnchew5

11,694 posts

Posted by Johnchew5 > 2024-05-29 10:17 |

Post removed.Why?

TheContrarian

9,505 posts

Posted by TheContrarian > 2024-05-29 10:36 | Report Abuse

@UncleFollower, buy back what? I am not following.

Johnchew5

11,694 posts

Posted by Johnchew5 > 2024-05-29 10:41 |

Post removed.Why?

Johnchew5

11,694 posts

Posted by Johnchew5 > 2024-05-29 10:51 |

Post removed.Why?

UncleFollower

1,766 posts

Posted by UncleFollower > 2024-05-29 11:39 | Report Abuse

@Contrarian Insas la this is what board, not Jaks ya 🤣

TheContrarian

9,505 posts

Posted by TheContrarian > 2024-05-29 11:48 | Report Abuse

@UncleFollower, not planning to buy back Insas ...... yet. Don't want to get trapped.

UncleFollower

1,766 posts

Posted by UncleFollower > 2024-05-29 13:42 | Report Abuse

@Contrarian can't say I disagree

Posted by WellnessAntiCancer > 2024-05-29 14:08 | Report Abuse

YTL POWER gave Mandatory General Offer (MGO) at RM1.06 for Ranhill Bhd. TA Securities advised shareholders to REJECT the offer.

This suits YTL POWER as they intend to keep RANHILL a listed status.

Similarly, if Thong buys >33% and gain control say at 74.9% of Insas, he too has to offer MGO. Shareholders are unlikely to accept his offer unless it is at RM5.38 per share.

It is win win for Thong and other shareholders as he gains stronger grip of Insas and keeping Insas as Listed status.

WOnder when Thong will execute this strategy? By then Insas will catapult higher on takeover offer

Posted by WellnessAntiCancer > 2024-05-29 14:13 | Report Abuse

In 2001, TWO giants namely IOI Berhad and Sime Darby Berhad fought to control Palmco Bhd.

The shares went up by >100% , way over, as both were on the heat buying shares to gain control of Palmo.

IOI won and so did the minority shareholders. IOI the victor changed the name from Palmco to IOIOLEO Bhd

If we see similar Corporate Takeover of Insas, be assured when the news come, it is TOO LATE to buy Insas on the cheap.

Posted by WellnessAntiCancer > 2024-05-29 14:16 | Report Abuse

Sources:
[1] FMT (2024), YTL Power’s unit acquires 31% stake in Ranhill Utilities for RM405mil, May 28
[2] Market screener (2014) , IOI Corp.Bhd completed the acquisition of Palmco Properties Sdn Bhd from IOI Oleochemical Industries Sdn Bhd., June 30

Johnchew5

11,694 posts

Posted by Johnchew5 > 2024-05-29 15:21 |

Post removed.Why?

Income

12,468 posts

Posted by Income > 2024-05-29 15:25 | Report Abuse

Wednesday, 29 May 2024 2:39 PM MYT

KUALA LUMPUR: The Securities Commission Malaysia (SC) is expected to launch the Social Exchange, the first of its kind in Asean, by the end of this year, with registration for the exchange slated for the first quarter of 2025, said its chairman Datuk Seri Dr Awang Adek Hussin.

The Social Exchange is a dedicated fundraising platform for projects with positive social outcomes through the mobilisation of private and philanthropy capital in meeting the needs of the underprivileged.

Prime Minister Datuk Seri Anwar Ibrahim announced yesterday two capital market-related initiatives at the GFIEF - the establishment of Malaysia’s first Social Exchange; and the introduction of fundraising for waqf developments through peer-to-peer (P2P) financing and equity crowdfunding (ECF) platforms.

According to Awang Adek, the advisory committee for the establishment of the Social Exchange will be chaired by the SC, with the participation of representatives from the Ministry of Finance and Bursa Malaysia Bhd, along with other relevant parties.

"One of the countries that have actually done this is India, and it runs on their stock exchange, so we will have to explore whether it can be run by Bursa Malaysia here, but that is to be determined on how we want to implement it. One of the objectives of the advisory committee is that once people know that we already have a credible framework, then a lot more people will come to contribute," he said, adding that the SC has also studied the mechanism of India's implementation of its Social Exchange.

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Bro, let’s play Social Exchange, the first of its kind in Asean, by the end of this year, with registration for the exchange slated for the first quarter of 2025, said its chairman Datuk Seri Dr Awang Adek Hussin.

Banyak Wang untuk ambil. Free money… Wahhhh yahoo. I can play to achieve my goals of becoming a millionaire. Wahhhhhh

Income

12,468 posts

Posted by Income > 2024-05-29 15:28 | Report Abuse

Is SEERESEARCH2023 is AKA John Chew???
Always SeeResearch fights with Calvintaneng… Nuclear warheads between two of them???

Johnchew5

11,694 posts

Posted by Johnchew5 > 2024-05-29 15:41 |

Post removed.Why?

Johnchew5

11,694 posts

Posted by Johnchew5 > 2024-05-29 15:43 |

Post removed.Why?

Johnchew5

11,694 posts

Posted by Johnchew5 > 2024-05-29 15:49 |

Post removed.Why?

Income

12,468 posts

Posted by Income > 2024-05-29 16:32 | Report Abuse

Bro, let’s play Social Exchange, the first of its kind in Asean, by the end of this year, with registration for the exchange slated for the first quarter of 2025, said its chairman Datuk Seri Dr Awang Adek Hussin.

Banyak Wang untuk ambil. Free money… Wahhhh yahoo. I can play to achieve my goals of becoming a millionaire. Wahhhhhh

TheContrarian

9,505 posts

Posted by TheContrarian > 2024-05-29 18:21 | Report Abuse

May is coming to an end soon. Leno now trapped in Insas 15 years and 4 months.

Johnchew5

11,694 posts

Posted by Johnchew5 > 2024-05-30 06:43 |

Post removed.Why?

Johnchew5

11,694 posts

Posted by Johnchew5 > 2024-05-30 07:00 |

Post removed.Why?

Johnchew5

11,694 posts

Posted by Johnchew5 > 2024-05-30 07:44 |

Post removed.Why?

Johnchew5

11,694 posts

Posted by Johnchew5 > 2024-05-30 09:22 |

Post removed.Why?

Johnchew5

11,694 posts

Posted by Johnchew5 > 2024-05-30 09:29 |

Post removed.Why?

UncleFollower

1,766 posts

Posted by UncleFollower > 2024-05-30 17:11 | Report Abuse

Who is trapped in Insas? Don't be shy to speakup

TheContrarian

9,505 posts

Posted by TheContrarian > 2024-05-30 17:30 | Report Abuse

I wish to disclose that after having sold at RM1.11 on 20th May I no longer has any share in Insas. However, I may buy tomorrow or next week or if price falls below RM1 ....... or I may never buy Insas again.

Silemak

99 posts

Posted by Silemak > 2024-05-30 19:35 | Report Abuse

I hv @1.09avg and still collecting. I cannot resist such an undervalue stock. Quiet before the storm!!!

Silemak

99 posts

Posted by Silemak > 2024-05-30 20:05 | Report Abuse

PE 8 nta 3.6. 1 BILLION cash
1.8 BILLION Inari shares.
At 1.05 ?????
Very very cheap!!!!

TheContrarian

9,505 posts

Posted by TheContrarian > 2024-05-30 20:20 | Report Abuse

Another water fish has just joined up.

xiaoeh

2,753 posts

Posted by xiaoeh > 2024-05-30 20:33 | Report Abuse

Dear Silemak
how would you define undervalue stock..?

Silemak

99 posts

Posted by Silemak > 2024-05-30 20:57 | Report Abuse

I have made a few round. Manage to sell at 1.28 earlier.
WC also few round.

xiaoeh

2,753 posts

Posted by xiaoeh > 2024-05-30 21:07 | Report Abuse

so, u adopted buy low sell high approach
same as many sifus here..
genius..

TheContrarian

9,505 posts

Posted by TheContrarian > 2024-05-30 22:47 | Report Abuse

Why people don't wait until 60 ringgit before selling?

Income

12,468 posts

Posted by Income > 2024-05-31 01:55 | Report Abuse

Posted by DreamSorcerer > May 30, 2024 9:47 PM | Report Abuse

Okay, about his thread topic, let's take a close neighbour of ours on the southern edge of Asia, namely Australia.

There were 2,430,400 public sector employees in the month of June 2023 comprising: 350,300 employees in Commonwealth government (including defence force personnel); 1,871,900 in state government; and. 208,200 in local government.


DreamSorcerer
1119 posts
Posted by DreamSorcerer > May 30, 2024 9:48 PM | Report Abuse

That means that for a country of only 27 million people, Australia has a per capita public sector staffing ratio of close to 1 per 10 people, which is substantially higher than what he has spouted for Malaysia.


DreamSorcerer
1119 posts
Posted by DreamSorcerer > May 30, 2024 9:48 PM | Report Abuse

Ron90:

"while Malaysian include 300k security personnel, but other country even Korea have 500k army. UK civil servant 6 million, France 5.5 million, Germany 4.6 million.. not include their arm forces."

Excellent counterpost from you, dude. Good for calling out some of the BS continually being spewed and spouted by KYY about this country.

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JohnChew rat 🐀 your UlarSawa AKA DragonSlayer is in i3 now, WHY???

Income

12,468 posts

Posted by Income > 2024-05-31 02:15 | Report Abuse

Posted by DreamSorcerer > May 30, 2024 9:47 PM | Report Abuse

Okay, about his thread topic, let's take a close neighbour of ours on the southern edge of Asia, namely Australia.

There were 2,430,400 public sector employees in the month of June 2023 comprising: 350,300 employees in Commonwealth government (including defence force personnel); 1,871,900 in state government; and. 208,200 in local government.



?
?
Joh Chew,
DreamSorcerer now coming out because UlarSawa is in jail ker…

Income

12,468 posts

Posted by Income > 2024-05-31 02:17 | Report Abuse

John Chew, go and paste DreamSorcerer and you will see he is active as UlarSawa… long lost friends???

Johnchew5

11,694 posts

Posted by Johnchew5 > 2024-05-31 08:26 |

Post removed.Why?

Sslee

6,877 posts

Posted by Sslee > 2024-05-31 10:27 | Report Abuse

Any news on Insas?
Me busy collecting Jayatiasa.

Income

12,468 posts

Posted by Income > 2024-05-31 13:09 | Report Abuse

JohnChew is DreamSorcerer another of your account name?
I say that because you don’t admit DreamSorcerer is UlarSawa.
That means JohnChew is DreamSorcerer another of your account name.
Haha at last I catch JohnChew AKA DreamSorcerer account liawww

Johnchew5

11,694 posts

Posted by Johnchew5 > 2024-05-31 13:50 |

Post removed.Why?

Johnchew5

11,694 posts

Posted by Johnchew5 > 2024-05-31 13:58 |

Post removed.Why?

Johnchew5

11,694 posts

Posted by Johnchew5 > 2024-05-31 14:15 |

Post removed.Why?

Johnchew5

11,694 posts

Posted by Johnchew5 > 2024-05-31 14:18 |

Post removed.Why?

Johnchew5

11,694 posts

Posted by Johnchew5 > 2024-05-31 14:20 |

Post removed.Why?

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