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.

47,402 comment(s). Last comment by TheContrarian 2 hours ago

Sslee

7,394 posts

Posted by Sslee > 2024-10-14 09:30 | Report Abuse

Inari is associate company of insas. The holding cost of Inari is equity accounting and everytime Insas sold Inari will report big disposal gain and more cash hoard.

Tatooine

341 posts

Posted by Tatooine > 2024-10-14 15:34 | Report Abuse

@sslee insas just sells to associate company to just do paper gain to cover losses. No new cash … its just loophole accounting

Tatooine

341 posts

Posted by Tatooine > 2024-10-14 15:36 | Report Abuse

No one cares how big insas cash hoard is as shareholders will never see it. It is why insas share price such a discount . It says what the market thinks of thong and insas’s collapsing investments

Sslee

7,394 posts

Posted by Sslee > 2024-10-14 16:21 | Report Abuse

I do care how big Insas cash hoard is otherwise I would not had invested in Insas if not for the cash hoard.

Tatooine

341 posts

Posted by Tatooine > 2024-10-14 17:17 | Report Abuse

Understand but thong will not give it out, wong was never suppose to be ceo but hing failed to take private as he had stepped down to distance himself. He will just do what ever thong says. The rest of the board are useless and the supposed independent directors are a joke. This agm there answerers will be written by a lawyer as they know the directors are very exposed. With all the failed investments how to say they are a long term investment company. All BS

Income

13,189 posts

Posted by Income > 2024-10-14 17:53 | Report Abuse

Thong Sam Pah。 I sum it all here.

Tatooine

341 posts

Posted by Tatooine > 2024-10-14 18:06 | Report Abuse

So many people happy thong has screwed up. I have been in meetings with him and he uses insas money and power to belittle and attack people. It is why he is so divisive in any company and they usually fail as he makes them toxic. Now they are all smiling as everyone sees how publicly he has destroyed companies.

TheContrarian

9,558 posts

Posted by TheContrarian > 2024-10-14 18:10 | Report Abuse

Someone stuck at high entry price in Insas?

TheContrarian

9,558 posts

Posted by TheContrarian > 2024-10-14 18:16 | Report Abuse

One day Ah Thong will make us rich.

TheContrarian

9,558 posts

Posted by TheContrarian > 2024-10-14 18:17 | Report Abuse

As at today I hold zero Insas share and zero Insas warrant.

Posted by MakeMoneyAllHappy > 2024-10-14 18:18 | Report Abuse

I have been warning since last year that Insas is a value trap, as the major shareholders seem indifferent to minority interests. For a supposedly asset-rich and cash-rich company to issue a cash call in 2020 is already a significant red flag.

Tatooine

341 posts

Posted by Tatooine > 2024-10-14 18:23 | Report Abuse

Luckily I sold most so little exposure

TheContrarian

9,558 posts

Posted by TheContrarian > 2024-10-14 18:33 | Report Abuse

Hahaha, people are so funny. 🤣🤣🤣

Tatooine

341 posts

Posted by Tatooine > 2024-10-15 11:40 | Report Abuse

Omesti 10.5 c
Microlink 16.5
M&A 29

All time lows …

Tatooine

341 posts

Posted by Tatooine > 2024-10-15 11:53 | Report Abuse

Hohup 14c

TheContrarian

9,558 posts

Posted by TheContrarian > 2024-10-15 12:18 | Report Abuse

Insas boh chow seeeeeeeeeeeeeeeeeeee.

BLee

910 posts

Posted by BLee > 2024-10-15 22:10 | Report Abuse

“MakeMoneyAllHappy > I have been warning since last year that Insas is a value trap,... issue a cash call in 2020 is already a significant red flag.”

Yes, MakeMoneyAllHappy, me inclusive. The topic of ‘Insas is a value trap’; depends on looking at which angle. Let me give my angle.
My average investment of Insas at around RM0.575 to RM0.668 years back (snapshot of Detail 1: My average price with 2 Trading House; shown in my discussion link: https://klse.i3investor.com/web/blog/detail/BLeeInsas/2024-02-26-story-h-187561002-Insas_Is_it_a_value_trap )

If calculate w.r.t. initial investment value and dividend of 2.5 sen; the returns are better compared to the present bank FD rate!! The share price has almost doubled; will it be considered a ‘value trap’? Furthermore, I have sold 80% of my holding together with Offer Rights (Insas-OR) during the 3rd Feb.,2021 Right Issue; the remaining 20% at zero cost. Only a ‘value trap’ if compare w.r.t. NTA which I think none of us invested at this price…

As for the cash call, it is RPS with a coupon 3.8% rate and free warrants to replace previous cash calls. Those who subscribe for this cash call still MakeMoneyAllHappy..why ‘significant red flag’? At RPS maturity, the R(edeemable) PS investment returns every sen. The free warrants are in the money now, and can easily ‘untrap’...therefore theoretically above the ‘value trap’; just my opinion for Happy Trading and TradeAtYourOwnRisk.

Sslee

7,394 posts

Posted by Sslee > 2024-10-16 07:20 | Report Abuse

Aiyoyo is insas a value trap or a value share when TheContrarian can make 4X from trading Insas shares?

Sslee

7,394 posts

Posted by Sslee > 2024-10-16 07:21 | Report Abuse

Only the cat leno trapped high in Insas.

Income

13,189 posts

Posted by Income > 2024-10-16 07:35 | Report Abuse

Posted by Sslee > Oct 16, 2024 7:20 AM | Report Abuse

Aiyoyo is insas a value trap or a value share when TheContrarian can make 4X from trading Insas shares?



TheContrarian = the realsifu

Income

13,189 posts

Posted by Income > 2024-10-16 07:35 | Report Abuse

Need to learn a few tricks from him.

mf

29,862 posts

Posted by mf > 2024-10-16 08:20 | Report Abuse

Biden says he directed deployment of troops, THAAD anti-missile system to Israel
US President Joe Biden has written to US congressional leaders saying he personally directed the deployment of a missile defence system, along with soldiers to operate it, to Israel.

The White House published details of Biden’s letter to congressional leaders on Tuesday after an earlier statement on Sunday said the deployment of the Terminal High Altitude Area Defense (THAAD)

TheContrarian

9,558 posts

Posted by TheContrarian > 2024-10-16 08:35 | Report Abuse

Posted by Sslee > 1 hour ago | Report Abuse

Only the cat leno trapped high in Insas.

Leno already totally exited quietly.

TheContrarian

9,558 posts

Posted by TheContrarian > 2024-10-16 08:39 | Report Abuse

Posted by Sslee > 1 hour ago | Report Abuse

Aiyoyo is insas a value trap or a value share when TheContrarian can make 4X from trading Insas shares?

It's possible due to timing the low entry price and selling near peak (when everyone else is so excited buying and screaming RM6 to RM60 coming).

TheContrarian

9,558 posts

Posted by TheContrarian > 2024-10-16 08:51 | Report Abuse

Insas next rally probably in 2026. This is why I am not in a hurry to buy Insas. I would rather invest in other stocks and make some money first.

Posted by EngineeringProfit > 2024-10-16 08:55 | Report Abuse

Gua caya......join u in 2026........hehe

mf

29,862 posts

Posted by mf > 2024-10-16 08:57 | Report Abuse


Nikkei 225
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20:57:05
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20:55:14

BLee

910 posts

Posted by BLee > 2024-10-16 09:19 | Report Abuse

Insas Every 5 years Bonus, we believe...Happy Trading and TradeAtYourOwnRisk

TheContrarian

9,558 posts

Posted by TheContrarian > 2024-10-16 09:22 | Report Abuse

Insas boh chow seeeeeeeeeeeeeeeeeeee.

Tatooine

341 posts

Posted by Tatooine > 2024-10-16 17:33 | Report Abuse

Omesti 8.5 c
Microlink 15.5
Insas 1.01

The board should resign in disgrace

Sslee

7,394 posts

Posted by Sslee > 2024-10-16 19:18 | Report Abuse

M&A 29.5 c
Hohup 14.5 c

All become penny stock.

Lpc1225

144 posts

Posted by Lpc1225 > 2024-10-16 20:27 | Report Abuse

Like that can take it private cheap cheap!

TheContrarian

9,558 posts

Posted by TheContrarian > 2024-10-16 20:55 | Report Abuse

MGO already planned at 90 sen. So many times said this already, still people don't get it.

TheContrarian

9,558 posts

Posted by TheContrarian > 2024-10-16 21:03 | Report Abuse

Why buy Insas at RM1.01 when MGO will be at 90 sen?

TheContrarian

9,558 posts

Posted by TheContrarian > 2024-10-16 21:05 | Report Abuse

For those who doesn't know, MGO means Mesti Guna Otak.

xiaoeh

2,936 posts

Posted by xiaoeh > 2024-10-16 21:07 | Report Abuse

wah...
today learnt a new thing....
thanks TheContrarian sifu...
i3 is the place to learn ...everything!!!
loved it

xiaoeh

2,936 posts

Posted by xiaoeh > 2024-10-16 21:41 | Report Abuse

有人说
凡事都有两面,但是股市只有一面,不是多头的一面或空头的一面,而是正确的一面
--杰西·利弗莫尔

TheContrarian

9,558 posts

Posted by TheContrarian > 2024-10-16 21:48 | Report Abuse

You can make money whether it's a bull market or a bear market.

xiaoeh

2,936 posts

Posted by xiaoeh > 2024-10-16 22:48 | Report Abuse

wah...
please share more TheContrarian sifu...

TheContrarian

9,558 posts

Posted by TheContrarian > 2024-10-17 05:11 | Report Abuse

Insas MGO coming .............................. in 2026 ......

Tatooine

341 posts

Posted by Tatooine > 2024-10-18 09:33 | Report Abuse

Microlink now 14.5 c , like domino they are all crashing and going bankrupt

TheContrarian

9,558 posts

Posted by TheContrarian > 2024-10-18 09:48 | Report Abuse

Insas boh chow seeeeeeeeeeeeeeeeeeee.

Income

13,189 posts

Posted by Income > 2024-10-19 09:17 | Report Abuse

Company already paid tax for giving dividend to shareholder s。
Now another 2% dividend tax for Rm100,000。
Sslee sir will be taxed Kaw kaw because more than rm100,000。
Sslee sir now crying louder。
Don't opt for dividend
just get price appreciate and sell to gain money

Income

13,189 posts

Posted by Income > 2024-10-19 09:20 | Report Abuse

TheContrarian
MGO already planned at 90 sen. So many times said this already, still people don't get it.
16/10/2024 8:55 PM



Why you say got MGO coming? Please tell。TQ

Sslee

7,394 posts

Posted by Sslee > 2024-10-19 09:25 | Report Abuse

INSAS BERHAD - WARRANTS 2021/2026 MAIN : Finance
Last Price Today's Change Day's Range Trading Volume
0.20 0.00 (0.00%) 0.20 - 0.20 10,000

Type: Warrants
Sector:
Listing Date: Mar 05, 2021
Maturity Date: Feb 28, 2026
Issue Size: 331,510,380
Exercise Price: MYR 0.90
Ratio: 1:1
Underlying Stock: INSAS
Avg Volume (4 weeks): 377,880
4 Weeks Range: 0.195 - 0.21
52 Weeks Range: 0.14 - 0.485

Almost certain Dato' Sri Thong and PAC will convert their WC to Insas share just before WC expire and trigger MGO.

Sslee

7,394 posts

Posted by Sslee > 2024-10-19 09:30 | Report Abuse

I am trying hard to build a portfolio that earned me 200-300K after retirement so now gorvernment wants to tax 2% on my dividend

Know what all the super rich did not hold too much share directly under their name but indirectly under their private companies. So how to tax them?

Sslee

7,394 posts

Posted by Sslee > 2024-10-19 09:42 | Report Abuse

By the way jayatiasa give me good dividend and price appreciation.

And my many thanks to Mike-tikus talking down jayatiasa price so that I can collect more at cheaper price.

On the other hand why Mike-tikus mad at me for trashing jaks to 13 sen so that he can collect more jaks?

Mikecyc

47,016 posts

Posted by Mikecyc > 2024-10-19 10:32 | Report Abuse

Haha Repost from Jtiasa n Capital a :

Posted by Mikecyc > 13 hours ago | Report Abuse

Haha Repost from Jtiasa ….

Just KonLee Kon tricks when he is half past 6 on facts n figures.. but pretending know everything wow ..

Then as his usual way is Tikuss away .🤣🤣🤣



Posted by Mikecyc > 11 hours ago | Report Abuse

Haha n Hoho oredi posted the hidden risk on YTLpower: 

1.) PowerSeraya power plant service life .. total 2900 MW 

2.) Kulai DC Green park 500 MW 

3.) Wessex : water n sewerage .



Posted by Sslee > 11 hours ago | Report Abuse
Aiyoyo Mike-tikus beside fake figures as facts also very good at slanderous and gibberish. 


The ytlpower forum miss you a lot.

Mikecyc

47,016 posts

Posted by Mikecyc > 2024-10-19 10:35 | Report Abuse

Haha a Kon is best in Pretending n Twisting le … wwooofff to chase out ppl from Jtiasa n Capital a … so so funny as he said in Cap a .🤣🤣🤣

Mikecyc

47,016 posts

Posted by Mikecyc > 2024-10-19 10:40 | Report Abuse

Haha why so jealous le until sotsotd.. thanks to u le for getting my balance 40 % Free Tickets fly with Cap a at cost 0.58 ..cheers .



Repost from Cap a :

Posted by Sslee > 1 hour ago | Report Abuse

Mike-tikus please go back to jaks forum and work harder to promote jaks with your fake/half past six figures and facts.

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