INSAS BHD

KLSE (MYR): INSAS (3379)

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Last Price

0.905

Today's Change

0.00 (0.00%)

Day's Change

0.895 - 0.905

Trading Volume

156,600


43 people like this.

47,393 comment(s). Last comment by Income 8 hours ago

xiaoeh

2,968 posts

Posted by xiaoeh > 2024-09-05 23:34 | Report Abuse

Posted by TheContrarian > 13 minutes ago | Report Abuse
Around 90 sen.

wah....
near my dock no.
on la...

Sslee

7,389 posts

Posted by Sslee > 2024-09-06 07:02 | Report Abuse

Jayatiasa at current price with incoming 3.5 sen dividend should be a good buy.
If CPO price can maintan above RM 3,900 then second half earning (with peak FFB production) will be very good and share price should move north.

Sslee

7,389 posts

Posted by Sslee > 2024-09-06 07:17 | Report Abuse

Ah Thong can't take Insas private the best he can hope for is how to increase his and his PAC holding from 32.96% to above 50% at the lowest cost to him.

Once he is able to do that then he will distribute insas cash hoarding to shareholders because by then he need the money to repay borrowing taken to increase his holding from 32.96% to above 50%

TheContrarian

9,552 posts

Posted by TheContrarian > 2024-09-06 07:41 | Report Abuse

As to the question why, oh why, oh why hasn't Ah Thong made his move yet? Because ........ because .......... Ah Thong hasn't own enough warrants yet to take his shareholding over the 50% line. At present he has enough only to take him to 48%. He needs a bit more and he isn't in a hurry as he has until February 2026.

TheContrarian

9,552 posts

Posted by TheContrarian > 2024-09-06 07:46 | Report Abuse

Insas warrant price currently trading at 9 to 10 sen premium has discouraged Ah Thong from buying the warrants. As expiry date draws closer warrant premium will eventually drop and Ah Thong will eventually mop up the warrants cheaply.

TheContrarian

9,552 posts

Posted by TheContrarian > 2024-09-06 07:50 | Report Abuse

@MrSslee, usually I don't like to recommend stocks to others, I just quietly buy and announce my purchases ..... and later my sales. If you desire high dividend yield with high NTA, with high net cash/near cash backing, Hexza looks promising.

speakup

27,383 posts

Posted by speakup > 2024-09-06 07:58 | Report Abuse

u guys still here? wow manyak loyal insas lu semua

TheContrarian

9,552 posts

Posted by TheContrarian > 2024-09-06 08:10 | Report Abuse

Insas is full of "smart" people, at one time there was someone who predicted that Insas will hit 60 ringgit, then went missing for months, now screaming boh chow see.

Sslee

7,389 posts

Posted by Sslee > 2024-09-06 08:21 | Report Abuse

Hexza NTA is from holding of US stocks. The EPS from operating business is not high.
The ability to pay dividend come from realised gain from US stocks trading.

TheContrarian

9,552 posts

Posted by TheContrarian > 2024-09-06 08:35 | Report Abuse

Hexza has consistently paid a minimum of 4 sen dividend annually in the past 10 years. This year they proposed a 7.5 sen dividend. There's huge margin of safety to protect from any drastic fall in US stocks values. At least, unlike Insas, Hexza makes effort to reward shareholders with higher dividend.

Tatooine

341 posts

Posted by Tatooine > 2024-09-06 09:00 | Report Abuse

Thong will never buy anymore shares. He has no need to. He is happy to have cash pile building. Do not expect any bumper dividend. Last 20 years all the same nothing has or will change. Insas next 5-10 years same range bound. Only will drop badly if/when inari die due to thong bad management. Hohup, microlink, m&A , insas all the same .. bad management from thong. He and his friends get rick but shareholder can only make money by buy and sell shares. Very sad

xiaoeh

2,968 posts

Posted by xiaoeh > 2024-09-06 09:05 | Report Abuse

to those who writes and deletes writes and deletes....
if u foresee u will delete what u write for whatever reason...
please please do not write any of your thoughts
if u r not sure or not firm or cannot take it or to face your own thoughts and comments
please hold your hand

leno

6,167 posts

Posted by leno > 2024-09-06 09:11 | Report Abuse

Well said Tatooine !! 👍👍

Sslee

7,389 posts

Posted by Sslee > 2024-09-06 09:17 | Report Abuse

Me collecting somemore jtiasa at RM 1.03.
Will collect back Insas if drop to 91sen, one sen higher than TheContrarian 90 sen.

TheContrarian

9,552 posts

Posted by TheContrarian > 2024-09-06 09:23 | Report Abuse

Aiyaa MrSslee, why you try to block me? Sama-sama buy at 90 sen lah.

Sslee

7,389 posts

Posted by Sslee > 2024-09-06 09:23 | Report Abuse

Someone trapped high at Insas and need to vent his frustration at insas forum.

But suprise the happy cat is here even trapped inside insas for many many years.

TheContrarian

9,552 posts

Posted by TheContrarian > 2024-09-06 09:31 | Report Abuse

That someone must be a Star Wars fan.

Sslee

7,389 posts

Posted by Sslee > 2024-09-06 09:35 | Report Abuse

More like Ah Thong fan.

TheContrarian

9,552 posts

Posted by TheContrarian > 2024-09-06 09:39 | Report Abuse

Obsessed of Ah Thong.

TheContrarian

9,552 posts

Posted by TheContrarian > 2024-09-06 09:44 | Report Abuse

Anyway, we should have faith in Ah Thong. He will make us rich (again) within 17 months.

Tatooine

341 posts

Posted by Tatooine > 2024-09-06 11:13 | Report Abuse

Other than inari which also has management issues how has thong given shareholder returns? Share price below ipo price 2 decades ago. Nearly all investment company in financial trouble giving insas exposure to more right offs. Only way anyone make money is share price up and down and insas have no pr or marketing

leno

6,167 posts

Posted by leno > 2024-09-06 11:17 | Report Abuse

WELL SAID !!🤗🤗

TheContrarian

9,552 posts

Posted by TheContrarian > 2024-09-06 19:04 | Report Abuse

MPHBCap EGM gave an interesting insight. Surin had over 500 shareholders in his pocket who signed proxy forms over to him. He knew he has won already.

Posted by GeniusInvestor > 2024-09-06 23:46 | Report Abuse

will be Insas go for privatization in the future? I heard from a few sources.. but not sure if it is true or not.

TheContrarian

9,552 posts

Posted by TheContrarian > 2024-09-06 23:50 | Report Abuse

Privatization will only take place in year 2030.

Tatooine

341 posts

Posted by Tatooine > 2024-09-07 10:35 | Report Abuse

Insas privatisation rumour same one for 10 years.. just meant to distract shareholders from bad management and poor dividend

speakup

27,383 posts

Posted by speakup > 2024-09-07 13:24 | Report Abuse

For privatisation theme, next could be Kps

Income

13,189 posts

Posted by Income > 2024-09-07 17:15 | Report Abuse

Wow Dino is here.I thought it went to Jurassic Park

Income

13,189 posts

Posted by Income > 2024-09-07 17:18 | Report Abuse

Leno, can we both talk private.. .i3 messenger? 1 have something to ask you.

Income

13,189 posts

Posted by Income > 2024-09-07 17:38 | Report Abuse

Sslee
Me collecting somemore jtiasa at RM 1.03.
Will collect back Insas if drop to 91sen, one sen higher than TheContrarian 90 sen.
06/09/2024 9:17 AM

TheContrarian
Aiyaa MrSslee, why you try to block me? Sama-sama buy at 90 sen lah.
06/09/2024 9:23 AM



You all know or not? The cat is the spy 4 Ah Thon g
Later all your plan not working b cos of the cat

TheContrarian

9,552 posts

Posted by TheContrarian > 2024-09-07 17:51 | Report Abuse

Now watching this old John Woo movie "The Killer". Eh, why the lead actor resembles MrSslee?

Income

13,189 posts

Posted by Income > 2024-09-08 08:37 | Report Abuse

FYI, Sslee is 70% resemble Chow yuan Fatt.

Posted by TheContrarian > Sep 7, 2024 5:51 PM | Report Abuse

Now watching this old John Woo movie "The Killer". Eh, why the lead actor resembles MrSslee?

Income

13,189 posts

Posted by Income > 2024-09-08 08:47 | Report Abuse

U don't know Sslee = very handsome.
FYI, Sslee is 70% resemble Chow yuan Fatt

Posted by chankyew50 > 2024-09-10 10:01 | Report Abuse

Slater Walkers raided Haw Par (Singapore Company) and gained a 51% control of the company in 1971 followed by 5 years of high profile corporate manoeuvre involving assets stripping and acquisition. Coincide with the 1972-73 bull run, its share price reached a height of Malayan dollars 15.60. The share price dropped below its par value after the arrest and put to jail some of the top guns in the Slater Walkers Group and also coincide with 1974-75 market collapse. Where is our Slater Walkers for Insas?

TheContrarian

9,552 posts

Posted by TheContrarian > 2024-09-10 10:06 | Report Abuse

How many times I have to say Ah Thong already holds sufficient warrants to take his shareholding to 48%. How to raid Insas?

TheContrarian

9,552 posts

Posted by TheContrarian > 2024-09-10 10:13 | Report Abuse

Ah Thong is smarter than what most people make out of him.

TheContrarian

9,552 posts

Posted by TheContrarian > 2024-09-10 10:18 | Report Abuse

Thong graduated from the London School of Economics, UK and began his career in the financial services industry in 1979. From 1982 to 1988, he worked for Standard Chartered Merchant Bank Asia Limited in Singapore where he became Director of the Corporate Finance Division.

Tatooine

341 posts

Posted by Tatooine > 2024-09-10 11:15 | Report Abuse

Thong has a terrible track record fact.... insas losing money except selling key asset. subsidiaries all cash negative and going bust. in relation to insas tell me other than being lucky with inari which he is also killing value wise what has he done. london school of econica dn working for stand chartered 40 years ago is not very noteworthy. Insas share price below IPO price 2 decades ago...

Tatooine

341 posts

Posted by Tatooine > 2024-09-10 11:18 | Report Abuse

Insas 99 cents going down to 75... insas warrants 18 cents going down to 10... the whole market thinks thong is not good. insas nbv over rm3 ! that tells you enough. over rm1 billion in cash but now thinks thong will ever do the right thing and give back to shareholders....

Zazzyy

342 posts

Posted by Zazzyy > 2024-09-10 11:19 | Report Abuse

smart but senget vs wise with integrity . see a person face can tell abit of one’s character.
Choose wisely , it’s your hard earned money . cheat you first time shame on him , cheat you second time shame on you . there are many good companies run by good heart leaders 🙏🙏🙏

Sslee

7,389 posts

Posted by Sslee > 2024-09-10 11:30 | Report Abuse

Insas listed subsidiary is M&A.
Is M&A cash negative and going bust?

jjohnchew

4,334 posts

Posted by jjohnchew > 2024-09-10 12:14 | Report Abuse

Hoho M&A RTO listing did not allocate any Sweet to minority shareholders.. but ownership is reduced to 53.7 % .

TheContrarian

9,552 posts

Posted by TheContrarian > 2024-09-10 12:16 | Report Abuse

Thong is so smart that over the years he screwed so many people even people in a galaxy far, far away.

Tatooine

341 posts

Posted by Tatooine > 2024-09-10 12:22 | Report Abuse

@sslee i stand corrected one subsidary m&a not going bust. But now how much does insas own of m&a ? How come in transaction the reverse takeover company owned by friend of thong and his shareholders all get good payout. Insas shareholders only got diluted ! True ?

Tatooine

341 posts

Posted by Tatooine > 2024-09-10 12:23 | Report Abuse

But interesting you only mention this one . So you agree all the others are cash negative including jnsas ?

Sslee

7,389 posts

Posted by Sslee > 2024-09-10 12:26 | Report Abuse

Will tycoon Tan Sri Syed Mokhtar Albukhary privatise DRBHICOM like what he did to MMC?

My hand very itchy now.

Sslee

7,389 posts

Posted by Sslee > 2024-09-10 12:33 | Report Abuse

Insas listed associate companies Inari, Hohup and DFX.
Hohup in financial difficulty.

Omesti is held as fanancial assets at fair value (marked to market value every quarter)

To even ask So you agree all the others are cash negative including jnsas ?

You must be the one the the many people in a galaxy far, far away.

Posted by TheContrarian > Sep 10, 2024 12:16 PM | Report Abuse
Thong is so smart that over the years he screwed so many people even people in a galaxy far, far away.

TheContrarian

9,552 posts

Posted by TheContrarian > 2024-09-10 12:38 | Report Abuse

Thong has a good heart. He helps friends, he helped me made a four fold gain on Insas shares. How can I not be grateful to Thong?

jjohnchew

4,334 posts

Posted by jjohnchew > 2024-09-10 12:39 | Report Abuse

Omesti ? Hohup ? Microlink ? Divfex ? Fashion n Beverage company ( not listed ) , and Duramitt ( a glove company, thru associate company Divfex ( from 19% to 25% to current ard 34 % ) invested RM 40 Million in Duramitt ( 50.1 % ) on November 2020 .. New Glove factory is Operational on June 2021 .. How much is the Losses Until Today ??? 

Even no corporate structure that use to plan corporate taxes …shl stripping u slowly n softly…


TheContrarian

9,552 posts

Posted by TheContrarian > 2024-09-10 12:41 | Report Abuse

The gains selling Inari shares over the years are so huge there's no worries on losses from other associates.

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