What a joke!!! The board mist think shareholders are incompetent to believe they will actually do anything. Just trying to distract shareholders from how terribly managed insas is and the next announcement of selling more shares to cover losses!! INSAS BERHAD ("INSAS" OR "THE COMPANY") - PROPOSED RENEWAL OF AUTHORITY FOR THE COMPANY TO PURCHASE ITS OWN SHARES
Ah Thong started a joke ...... which started the minorities crying ...... then Ah Thong started to cry ...... which started the whole world laughing ......
What a surprise NOT.. so it means insas yet again is losing money run by the useless board !!!! How can they yet again say they are doing there duty as directors…
Date of Change Type Number of Shares 27-Sep-2024 Disposed 10,000,000 Registered Name Insas Technology Berhad Nature of Interest Indirect Interest 27-Sep-2024 Acquired 10,000,000 Registered Name M & A Nominee (Asing) Sdn Bhd for Media Lang Limited Nature of Interest Indirect Interest
Disposal from Insas Tech (equity accounting) to Media Liang (investment holding) and will report disposal gain.
Insas tech inari equity accounting cost RM 0.7402. So disposal 10 million inari to Media Liang at Media Lang book of abt RM 2.60 will make a book disposal gain of RM18.6 million
In a galaxy far, far away, Where sand dunes stretch towards the day, A planet named Tatooine, a desert sphere, Home to the Force, both hope and fear.
And here on Earth, a stock exchange gleams, Where fortunes rise and fall in dreams. A company, Insas, its shares do trade, A cosmic dance, a cosmic aid.
Like Tatooine's twin, Insas's share, Can soar or plummet, beyond compare. A desert of finance, a sandy sea, Where investors seek their destiny.
But unlike Tatooine, where fate's decreed, Insas's share can be indeed A force for good, a rising tide, Lifting spirits, far and wide.
Insas, a titan in the corporate sphere, A battleground where fortunes disappear. Thong, the controlling shareholder, stands tall, His grip on power, unwavering and gall.
With shares that sway like leaves in the breeze, He wields influence with utmost ease. His decisions shape the company's fate, A labyrinthine game, intricate and great.
But whispers of dissent, they softly creep, Of minority shareholders, feeling the deep Inequity, the power's uneven sway, A longing for a more democratic day.
Yet Thong, entrenched, refuses to yield, His fortress of control, firmly sealed. A standoff ensues, a corporate strife, Where fortunes hang in the balance of life.
In realms of finance, where greed does reside, A champion arose, with courage as guide. Mr. Sslee, a name to be known, For justice he fought, on his own.
Insas share, a prize to be sought, But fairness was lacking, equity naught. The system was rigged, a twisted decree, Mr. Sslee vowed, "This shall not be."
With unwavering spirit, he stood tall, Against the might, against the wall. He argued his case, with passion and grace, Demanding equality, in every space.
Through trials and tribulations, he persevered, His hope never dimmed, his resolve never swerved. For in his heart, a fire did burn, A desire for justice, to which he'd return.
And so, Mr. Sslee, a hero we'll hail, His fight for fairness, a legendary tale. A beacon of hope, in a world that's unfair, A testament to courage, beyond compare.
In the casino of bursa, where fortunes are make or break, As market up and down, cheerleades and nay-sayers appear, For in their heart, buy low sell high and buy high sell higher, In insas TheContrarian set his heart, as he and only he gain 4X outplayed poker man Ah Thong.
Insas, a dream once held so high, A target price of RM60, oh my! But reality's harsh, a sobering sight, As shares plummet, losing their might.
Once a beacon of hope, a shining star, Now shrouded in doubt, a distant bar. The market's fickle, a tempestuous sea, And Insas, adrift, struggles to be free.
Investors yearn for the days of yore, When profits soared and dreams galore. But the road ahead is long and steep, And Insas must climb, or else it'll reap.
So let us hope, with hearts aflame, That Insas will rise, reclaim its name. And though the target may seem out of reach, We'll cheer them on, with steadfast speech.
When insas gives another 2.5 cent dividend and still does nothing with 1billion in cash in the bank see how shareholders feel. Inari has over 2 billion in cash. Thong clueless management
Inari share price dropping like a brick. Insas should have sold its shares. Thong obsessed with staying on board. Only when it gets in trouble will he run away like he normally does.
Beneath the twin suns, a barren land, Where hope lies buried, like a fading sand. Insas, a beacon, once held aloft, Now dims in shadows, a sorrowful soft.
A dividend of RM1, a distant dream, A mirage in the heat, a fleeting gleam. Tatooine's people, weary and worn, Yearn for a future, where hope is reborn.
In the glow of dual moons, a desert land, Sslee thrives, where legends stand. A far-off sphere, both vast and grand, Where Inari's market flows like sand.
Yet now the costs begin to fall, A tempest brews, affecting all. Investors tremble at the market's fate, As stocks dive low, it’s all too late.
The Force that once was bold and bright, Now flickers dim in endless night. Sslee moons, a sign of despair, As fortunes fade into thin air.
Di bawah sinar dwi bulan, di tanah gersang, Sslee maju jaya, di mana legenda berdiri megah. Satu sfera jauh, luas berusaha dan agung, Di mana pasar Inari mengalir seperti pasir yang lembut.
Namun kini, harga mula menjunam, Badai mendekati, meresahkan semua orang. Pelabur bergetar menghadapi nasib pasaran Bursa, Ketika saham menjunam, sudah terlambat untuk lari.
Kuasa yang dahulu berani dan bersinar, Kini berkelip redup dalam malam tanpa pengakhiran. Bulan Sslee, tanda putus asa, Ketika kekayaan pudar ke udara yang tipis.
A CPO surge, a market's gleam, A beacon bright for Jayatiasa's dream. The palm trees sway, their fruits abound, A golden harvest, on fertile ground.
The share price climbs, a hopeful sign, Investors gather, in a hopeful line. The company's future, now takes flight, With CPO's surge, a shining light.
So let us cheer, for Jayatiasa's gain, As CPO's bounty, fills the market's vein. A prosperous future, now in sight, With CPO's surge, a guiding light.
wah... i have never thought that so many poets are hiding here Insas thread... 失敬失敬.... no wonder Louis said: Mountain don't need tall but angel, Water don't need deep but dragon...
I am switching between OSK, Insas and jayatiasa to get better dividend and capital appreciation.
Of the three only Insas did not reach my TP of RM 1.50
And if CPO can hold above RM3,900 jayatiasa quarter end 31/9/24 and 31/12/24 will be a very good result and price could retest the 52 weeks high RM 1.53 (jayatiasa now give dividend 2 times a year same as OSK)
I hold a small position in MHC (holding 39.53% cepat). I like its plantation land in perak
@MrSslee, Naim, Sarawak construction company is currently undervalued. Have substantial equity interest in O&G Dayang. Potential special dividend after disposal of land. Check it out.
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Income
12,464 posts
Posted by Income > 2 months ago | Report Abuse
Posted by leno > Sep 25, 2024 5:10 PM | Report Abuse
i saw the delete button, so i go ask admin
admin say must use to help save the website memory space.
😉😉
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U no confidence with what you said… just be an honest doc. Dishonest doc, people will shun very very early. Haha