INSAS BHD

KLSE (MYR): INSAS (3379)

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Last Price

0.935

Today's Change

+0.01 (1.08%)

Day's Change

0.915 - 0.94

Trading Volume

311,300


43 people like this.

46,498 comment(s). Last comment by ocbc 2 hours ago

Mikecyc

46,875 posts

Posted by Mikecyc > 1 month ago | Report Abuse

Haha why so jealous KonLee , still having my balance 40 % Free Tickets of Cap A at cost RM 0.58 .

Jaks :

2.) Jaks : catched the Bottom Fishing at RM 0.185 on April 2023 ( after Sslleee posted sold Jaks on April 2023 since 2017 ) ... Up to RM 0.225 in 2 months .. then invested at RM 0.19 on July 2023 .. Gap Up on 1/9/2023 to RM 0.245 …

As said earlier 2025 Shl be Jaks year .. since LSS5 Tender RFP dateline is brought forward to 25/7/2024 from December 2024 .. focus back to Jaks .

Oh why I said wait for Jaks QR March 2024 to be released as Vietnam authorities had taken actions on 2 famous business men on corruption ( not in Power industry) ..

Btw has you checked my Jaks cost as I said during u queue buy Insas WC ard RM 0.25 .. Trapped again ke ?🤣🤣🤣

—-

Posted by Sslee > 1 minute ago | Report Abuse

Tong is now trapped high with Insas-WC
Like Mike-tikus trapped high in jaks.

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > Oct 21, 2024 8:55 AM | Report Abuse

Insas was a stock that Tong Kooi Ong invested into. How has his investment into Insas performed?

Mikecyc

46,875 posts

Posted by Mikecyc > 1 month ago | Report Abuse

Haha why so mad KonLee , Jtiasa is dropped 6 sen ke …

Sslee

6,873 posts

Posted by Sslee > 1 month ago | Report Abuse

Me just bought another 20,000 Jayatiasa at 1.12

chopstick

642 posts

Posted by chopstick > 1 month ago | Report Abuse

oh ya, Me too just bought 30,000 jayatiasa at 1.13

Mikecyc

46,875 posts

Posted by Mikecyc > 1 month ago | Report Abuse

Haha Repost on Jaks from Insas forum :


Posted by Mikecyc > 1 day ago | Report Abuse

Haha firstly :

Jaks

1.) Vietnam Power Plant Share of Profit n Dividends :


2020 : RM 3.8 million ( 1 Power Plant is COD on Nov 2020 )


2021 : RM 140.7 million ( The 2nd Power Plant is COD on January 2021 ) .


2022 : RM 156.2 million , Dividend RM 70.0 million


2023 : 1QR = RM 28.326 M , 2QR = RM 32.312 M , 3QR = RM 35.862 M , 4QR = RM 34.503 M plus Dividend RM 27.386 M

2023 : RM 131 million , Dividend RM 27.385 million


Total Share of Profit = RM 431.703 Million

Total Dividend = RM 97.386 Million

Total = RM 529.089 Million

> Share of Profit in QR ended March 2024 =
RM 32.384 million

>> Total = RM 561.463 million


> Share of Profit in QR ended June 2024 = Rm 21.33 million

Dividend = RM 14.21 million

👉Grand Total = RM 597 million.👍


Jaks 30 % share in Vietnam Power Plant Joint Venture invested ard RM 600 Million.
( RM 400 million is from the Profit of Construction of the Vietnam Power Plant, EPC2.)

Initially PayBack 8 to 9 years ..

Referring to the Grand Total , PayBack period is by 2024 .. ie : from 2021 to 2024 ~~ 4 years ..

👉From Vietnam Power Plant 1200 MW EPCC RM 8.7 Billion started on October 2016 ,
Payback period is 8 years.


按照购电协议,电力售价将随原料价格波动。意味着业务盈利贡献获得保证。Jaks管理层曾透露内部回酬IRR介于12%,PAYBACK PERIOD为8至9年


Mikecyc

46,875 posts

Posted by Mikecyc > 1 month ago | Report Abuse


Haha Repost on Jaks from Insas forum :

Posted by Mikecyc > 1 day ago | Report Abuse

Haha secondly :

A) why Jaks profit from Vietnam Power Plant did not generate much FCF ( Free Cash Flow ) :

1.) Allocated in FCF Growth as Investment in Joint Venture and served as some kind of security on Loans ( although CPECC did the financing ) as Vietnam Power Plant is with BOT 25 years. ( Built- Operate- Transfer).

2.) Non current asset of Investment in Joint Venture is increased from :

> March 2016 = 128,297,000

TO

> June 2024 = 943 ,960,000


3.) 1.96 billion loans ( excluded interest) to be repaid in 10 years , starting 2021 :

Each year repaid loan amount = 0.196 billion

2021 to 2023 , 3 years = 0.588 billion

> 1.96 billion- 0.588 billion = 1.37 billion ( loans balance as at January 2024 ) .

>> Investment in Joint Venture as on June 2024 = 0.94 billion

👉Looks like the security on Loans is getting sufficient as JHDP is paying Dividend from yearly to half yearly as on June 2024 .

Huangbk72

5,069 posts

Posted by Huangbk72 > 1 month ago |

Post removed.Why?

Mikecyc

46,875 posts

Posted by Mikecyc > 1 month ago | Report Abuse

Haha Insas WC RM0.195 ke ! Pls don’t be mad !🤣


—-

Btw has you checked my Jaks cost as I said during u queue buy Insas WC ard RM 0.25 .. Trapped again ke ?🤣🤣🤣

Mikecyc

46,875 posts

Posted by Mikecyc > 1 month ago | Report Abuse

Haha KonLee is it averaging Down ke … as u had record of 2 Lies on Averaging Down n Up !🤣🤣🤣🤔



Posted by Mikecyc > 51 minutes ago | Report Abuse

Haha Insas WC RM0.195 ke ! Pls don’t be mad !🤣


—-

Btw has you checked my Jaks cost as I said during u queue buy Insas WC ard RM 0.25 .. Trapped again ke ?🤣🤣🤣

Mikecyc

46,875 posts

Posted by Mikecyc > 1 month ago | Report Abuse

Haha sslleeee now u agreed Insas is a value trap as u said in Jtiasa !🤣

Sslee

6,873 posts

Posted by Sslee > 1 month ago | Report Abuse

Insas is "value" trap
Jaks is "mouse" trap !🤣🤣🤣🤔

TheContrarian

9,505 posts

Posted by TheContrarian > 1 month ago | Report Abuse

Ah Tong made a fool of himself by entering into Insas-WC at such a high price of 41.7 sen.

Mikecyc

46,875 posts

Posted by Mikecyc > 1 month ago | Report Abuse

Haha finally KonLee agreed Insas is Value Trap since denying from 2021 ..No wander le Trapped in Insas WC at above RM 0.25 .🤣

So Jaks is yr “old mouse “ trap since 2017 until April 2023 ! 🤣🤣🤣🤔


—-
Posted by Sslee > 8 minutes ago | Report Abuse

Insas is "value" trap
Jaks is "mouse" trap !🤣🤣🤣🤔

Huangbk72

5,069 posts

Posted by Huangbk72 > 1 month ago |

Post removed.Why?

Mikecyc

46,875 posts

Posted by Mikecyc > 1 month ago | Report Abuse

Haha as I “recalled “ from this forum .. RI in RPS with free WC … cost of WC is RM 0.25 n those bought the balance unscripted with cost ard RM 0.32 …or cost is Higher ??

—-

Posted by TheContrarian > 3 minutes ago | Report Abuse

Ah Tong made a fool of himself by entering into Insas-WC at such a high price of 41.7 sen.

Mikecyc

46,875 posts

Posted by Mikecyc > 1 month ago | Report Abuse

Haha over 4 hr oredi , konHuang bok kai still twisting n diverting.. beware !

Posted by Mikecyc > 4 hours ago | Report Abuse

Haha what is the brokerage company name ?

TheContrarian

9,505 posts

Posted by TheContrarian > 1 month ago | Report Abuse

@Mikecyc, Ah Tong here we are referring to TheEdge boss who bought Insas-WC at 41.7 sen early this year.

Huangbk72

5,069 posts

Posted by Huangbk72 > 1 month ago |

Post removed.Why?

Sslee

6,873 posts

Posted by Sslee > 1 month ago | Report Abuse

I subscribe for my full RI entitlement with 10% excess application.
So know what is Insas RI of RPS with free warrants?

What is Ah Thong WC cost?
Ah Thong will not be able to repeat the RI once WC expired?
So what will Ah Thong do when WC expired?

Mikecyc

46,875 posts

Posted by Mikecyc > 1 month ago | Report Abuse

Haha Thanks .

Posted by TheContrarian > 12 minutes ago | Report Abuse

@Mikecyc, Ah Tong here we are referring to TheEdge boss who bought Insas-WC at 41.7 sen early this year.

Mikecyc

46,875 posts

Posted by Mikecyc > 1 month ago | Report Abuse

Haha so KonLee is Trapped at “old mouse “ Trap of WC !🤣

52w 0.140 - 0.485

Mikecyc

46,875 posts

Posted by Mikecyc > 1 month ago | Report Abuse

Haha over 4 hr oredi , still no Brokerage company name ?! Beware ..


Posted by Huangbk72 > 13 minutes ago | Report Abuse

Hahaha.. Miketikus so coconut

Dont be lazy and want to be served on a silver platter.

Want to know which local brokerage offer trading in foreign shares, do your work

If you still cant .. try calling this number. They are local brokerage doing foreign trade. 1300223388 but u must have money ya.

Btw, since I answered your question, go back to Jaks and answer how FCF can be allocated 🤣🤣🤣

Huangbk72

5,069 posts

Posted by Huangbk72 > 1 month ago |

Post removed.Why?

Mikecyc

46,875 posts

Posted by Mikecyc > 1 month ago | Report Abuse

>> Pokkai TinKosongHuang joined the Kacukan 🐍Tippu Tippu gang ( even Tippu newbies membership fees RM 100 ) in TopGlove on 2024 to promote HK/China and US stock ____. Beware ..

Aka ID Marry n MrHuangbk n jc963852 are Banned permanently.

Mikecyc

46,875 posts

Posted by Mikecyc > 1 month ago | Report Abuse

Haha Pokkai TinKosongHuangbk blowing PMCORP with TP RM 2.00 , see its Value since 2013 wow.. ( Calvin blowing RM 5.00 to RM 10 ) …must be loss naked liaw .. want to share ❤️in PMCorp wow .... hibernated more than 7 years in a cave since 2014 until 2021… must be created a lot aka id … beware .

Huangbk72

5,069 posts

Posted by Huangbk72 > 1 month ago |

Post removed.Why?

Mikecyc

46,875 posts

Posted by Mikecyc > 1 month ago | Report Abuse

Haha KonLee what happened to Jtiasa ? is dropped 7 sen at 9.25 am .


—-

Posted by Sslee > 4 hours ago | Report Abuse

Me just bought another 20,000 Jayatiasa at 1.12

Mikecyc

46,875 posts

Posted by Mikecyc > 1 month ago | Report Abuse

Haha KonLee yr KonPet used same Kon tricks as on YTLpower forum … so desperate n mentally issues!🤣

—-

Posted by Antifanaticracism4 > 4 minutes ago | Report Abuse

@ Mikecyc @ Miketikus...I am your good friend @ Felix888999 aka @ Felixcoconut..Day and nite this bangla attacked me non stop.
Please go and attack sifu and macai in YTLP
This bangla every day also want to SIO KAN

Mikecyc

46,875 posts

Posted by Mikecyc > 1 month ago | Report Abuse

Haha Repos from YTLpower:

Posted by Antifanaticracism4 > 12 minutes ago | Report Abuse

My name is FelixTan aka @ Felix888999.
I uses other fake IDS aka @ Antifanaticracism @ Eddy365 to post in Chinese as I am from srjk cina @ Jeffrey @ jeffrey1166 and many more.
Lately i rested a few IDS as I am worried of them being suspended.
I LOST alot of monies buying on CONTRA at around 2.54 for 99smart.
Now I start cursing the owner Mr Lee an ORANG CACAT and WHEELCHAIRMAN.
I hope with this cursing he will push up the price.
p/s The HR department just calculate that the minium rm 1700 salary will take off 75 % of 99 Smart profits for 2025.
People are selling
Please help by buying
I allow buyers to SIO KAN with my wife and kum lan*chio

Mikecyc

46,875 posts

Posted by Mikecyc > 1 month ago | Report Abuse

Haha just proven how low class n despicable of KonLee gang !!!

Mikecyc

46,875 posts

Posted by Mikecyc > 1 month ago | Report Abuse

Haha I am copied the posts as usual he will deleted the posts …

Mikecyc

46,875 posts

Posted by Mikecyc > 1 month ago | Report Abuse

Haha KonLee, SCIB can up to yr TP RM 1.00 by early 2025 ? Why promoted SCIB even knew the Major is on Force Sell on July 2024 ?😱

Yr SCIB promoting partner Koni3lurkker aka Balia even so desperate saying if not made 600 % profit ( ard RM 2.60 ) by early 2025 …will become 4 legg !😱🤣🤣🤣

Huangbk72

5,069 posts

Posted by Huangbk72 > 1 month ago |

Post removed.Why?

Mikecyc

46,875 posts

Posted by Mikecyc > 1 month ago | Report Abuse

Posted by Mikecyc > 5 hours ago | Report Abuse


Haha Repost on Jaks from Insas forum :

Posted by Mikecyc > 1 day ago | Report Abuse

Haha secondly :

A) why Jaks profit from Vietnam Power Plant did not generate much FCF ( Free Cash Flow ) :

1.) Allocated in FCF Growth as Investment in Joint Venture and served as some kind of security on Loans ( although CPECC did the financing ) as Vietnam Power Plant is with BOT 25 years. ( Built- Operate- Transfer).

2.) Non current asset of Investment in Joint Venture is increased from :

> March 2016 = 128,297,000

TO

> June 2024 = 943 ,960,000


3.) 1.96 billion loans ( excluded interest) to be repaid in 10 years , starting 2021 :

Each year repaid loan amount = 0.196 billion

2021 to 2023 , 3 years = 0.588 billion

> 1.96 billion- 0.588 billion = 1.37 billion ( loans balance as at January 2024 ) .

>> Investment in Joint Venture as on June 2024 = 0.94 billion

👉Looks like the security on Loans is getting sufficient as JHDP is paying Dividend from yearly to half yearly as on June 2024 .

Huangbk72

5,069 posts

Posted by Huangbk72 > 1 month ago |

Post removed.Why?

Mikecyc

46,875 posts

Posted by Mikecyc > 1 month ago | Report Abuse

Jaks non current asset :

Investment in Joint Venture:

QR ended

> March 2016 = 128,297,000

> March 2019 = 197,171,000

> March 2020 = 362,479,000

> March 2021 = 601,150,000
( note : Profit from Construction of the Power Plant is ard RM 400 Million .. Final COD on January 2021 )

> March 2022 = 748,656,000

> March 2023 = 829,105,000

> September 2023 = 897,378,000

> December 2023 = 904,495,000

> March 2024 = 936,836,000

> June 2024 = 943 ,960,000

TheContrarian

9,505 posts

Posted by TheContrarian > 1 month ago | Report Abuse

In the past Insas would pay out 2.5 sen dividend in January but this time Ah Thong might bring forward dividend payment to December.

Mikecyc

46,875 posts

Posted by Mikecyc > 1 month ago | Report Abuse

Haha KonLee ran road oredi !🤣

Tatooine

281 posts

Posted by Tatooine > 1 month ago | Report Abuse

Microlink going bust! Chee Hong Leong resigns as director. He is Thong close friend and the conflicted party who owned the company m&a backed into and made a lot of money out of it (most likely also thong got part) . Everyone deserting sinking ship.

TheContrarian

9,505 posts

Posted by TheContrarian > 1 month ago | Report Abuse

Insas boh chow seeeeeeeeeeeeeeeeeeee.

Sslee

6,873 posts

Posted by Sslee > 1 month ago | Report Abuse

Will collect more if fall below RM 1.00
Mike-tikus collected any jaks lately? Or already run road?

xiaoeh

2,749 posts

Posted by xiaoeh > 1 month ago | Report Abuse

still looking far from my dock no.
still looking...
patiently...

mf

29,211 posts

Posted by mf > 1 month ago | Report Abuse

FMM shocked by govt’s move to deduct EPF for migrant workers
Story by FMT Reporters • 5h • 2 min read

TheContrarian

9,505 posts

Posted by TheContrarian > 1 month ago | Report Abuse

Posted by Sslee > 4 hours ago | Report Abuse

Will collect more if fall below RM 1.00

I feel you need to diversify. Insas you have about a whole year to re-enter.

Tatooine

281 posts

Posted by Tatooine > 1 month ago | Report Abuse

@sslee it might go to 90c at this rate.
Someone desperately trying to prop up microlink amd omesti shares but cannot. After so many years of manipulating insas share price thong now getting what he deserves

SinGor

4,927 posts

Posted by SinGor > 1 month ago | Report Abuse

paying cash dividend is a bad option ( 2% tax on dividend ---Big boys hurt ) So stock dividend better.
Insas huge Cash pile no longer attractive except got new investment

Tatooine

281 posts

Posted by Tatooine > 1 month ago | Report Abuse

2% only comes in next year, cash dividend this year is still tax free. Common sense would say give out big dividend but we all know thong

Tatooine

281 posts

Posted by Tatooine > 1 month ago | Report Abuse

Microlink 17c and dropping. Running out of cash

Income

12,464 posts

Posted by Income > 1 month ago | Report Abuse

Remember what super investor Kyy teaches you all. Apply in any industry to make money.💰

TheContrarian

9,505 posts

Posted by TheContrarian > 1 month ago | Report Abuse

Let's see if Ah Thong is clever enough to bring forward annual dividend of 2.5 sen payment date to December.

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