Johnchew5

Hoho own claimed FA Guru TinKosongLee boyy , Yinson forumers need yr advice le as many Trapped yesterday.. FA Guru LeeTikus .🤣

1 week ago

Sslee

7293 YINSON 60,000 2.3813 2.7600 142,878.00 165,600.00 22,722.00 15.90

Dare to show your JAKS holding?

1 week ago

Johnchew5

Hoho own claimed FA Guru TinKosongLee boyy In Yinson, why shy away from Yinson n YTLpower..

Until now you haven’t repost yr Bplant purchased list…

After promoted so desperately in SCIB with TP RM 1.00 n owned claimed FA Guru In Yinson, with TA 5 waves wow , but didn’t know the wave’s name.. now twisting just a Trader for free Bintang beer wow ..

TinKosongLee boyy don’t be jealous bou le .🤣

1 week ago

Sslee

Still dare not post his jaks holding?

1 week ago

Johnchew5

Hoho TinKosong LeeTikus hiding in lubang ke ..don’t be Jealousboy le 🤔.

1 week ago

sohaitrader

insas flying soon ... Finance sector dah terbang .. MBSB INSAS Cantik sekali

1 week ago

kklim112

Testing

1 week ago

kklim112

Hello SSLee n all,
Any input, feasible solution for share priz unreasonable depress not following actual or market value by some s holder for selfish or finalise personal intention.

1 week ago

kklim112

finalise = win-lose

1 week ago

Sslee

Controlling shareholders Dato',Sri Thong and PAC hold 32.96%. Any SBB or him buying from open market will trigger 33% threshold conditional MGO.

Dato' Sri Thong is waiting for a right moment to increase his holding at minimum cost to him as possible thus he got many proxies buying and selling and trying to keep Insas at depressed price.

1 week ago

Johnchew5

👉

AS AT 30 SEPTEMBER 2022
Name of substantial shareholders
No. of ordinary shares

1. Dato’ Sri Thong Kok 166,064,962 25.05 Khee *
25.05 %

2. M & A Investments
International Limited 124,420,289 18.77%

3. Dato’ Thong Kok Yoon ** 74,203,648 11.19 %

Direct and deemed interest by virtue of his family members’ interest and his substantial interest in M&A Investments International Limited, Immobillaire Holdings Sdn Bhd, Baktihan Sdn Bhd, Winfields Development Sdn Bhd and Montprimo Sdn Bhd.

** Direct and deemed interest by virtue of his family members’ interest and his substantial interest in Perak Traders Holdings Sdn Bhd and Baktihan Sdn Bhd.
Name of shareholders No. of ordinary % shares:

1. Baktihan Sdn Bhd 21,746,400 3.28 %

Dato’ Sri Thong Kok Khee + Dato’ Thong Kok Yoon deemed interest: 25.05 +11.19 - 3.28 = 32.96%

Since Dato’ Sri Thong Kok Khee and PAC hold 32.96% and Insas cannot do any SBB that will result in Dato’ Sri Thong and PAC trigger the 33% MGO threshold provided Dato’ Sri Thong and PAC seek and table a SBB MGO waiver for shareholder approval.

Question:

Why the Board table Ordinary Resolution 7 – Proposed renewal of authority for the Company to purchase its own shares without Dato’ Sri Thong and PAC seeking to table a SBB MGO waiver for shareholder approval?


-


The Company had obtained the shareholders’ approval for the renewal of the authority to purchase its own shares at the 59th AGM held on 2 December 2021. The said authority is going to expire at the conclusion of the 60th AGM of the Company.

Ordinary Resolution 7 is being tabled at the AGM as approval is required from the shareholders of the Company to renew the authority to purchase up to 10% of the
total number of issued shares of the Company. The renewal of authority will provide flexibility to the Company for any possible share buy-back activities and to avoid any delay and costs involved in convening general meeting to approve such share buy-back authority in the event:

(i) the shareholdings of Dato’ Sri Thong and PAC reduce to a level which allows such Share Buy-Back scheme to be undertaken; or

👉 (ii) Dato’ Sri Thong and PAC seek and obtain waiver of MGO from the shareholders and relevant regulatory authorities.

——

1 week ago

Johnchew5

Hoho own claimed FA Guru TinKosongLee boyy in Yinson … forumers are trapped at RM 2.88 need yr further advice .. don’t be tikus away 🤣

1 week ago

Johnchew5

Hoho Ah Sweet just swing on To be done or Not to be done … better to Stripping u slowly n softly once Value Trapped …

1 week ago

Johnchew5

Hoho Good boyy go give advise in Yinson ..

1 week ago

kklim112

Hello SS Lee and all,
If trigger 33%for MGO....
Get the depressed low share price...What is they actual possible intention... for privatization Insas ??
If recall correctly privatization required minimum 90% of share.
Pls enlighten and input.
Thanks in advance.

1 week ago

Sslee

The last time when many banks & broking firms not giving margin finance, cap the DF credit facilities for speculative stocks which are trading at very high PE & price to book.
(Money upfront for buy order on these speculative stocks)

Insas spike up to 52 weeks high of RM 1.35

Today many of these speculative stocks suffered a sell off. Will history repeat again for Insas?

1 week ago

TheContrarian

Insas RM1.35 is probably more than 20 years high.

1 week ago

Income

kklim112 Hello SS Lee and all,
If trigger 33%for MGO....
Get the depressed low share price...What is they actual possible intention... for privatization Insas ??
If recall correctly privatization required minimum 90% of share.
Pls enlighten and input.
Thanks in advance.

22/08/2024 7:05 PM

?

Neither privatisation, nor MGO
Because Ah Thong will just write a Will to transfer Insas to his children. 🧒 children 👦
No need to speculate that…
I am more worried about WHAT his Children doing with Insas company…

1 week ago

Income

But the Cat 🐈‍⬛ will surely be koyakkkk.
U know what I mean?

1 week ago

Income

If dropping to 10 sen, only safe to collect and wait for another 15 years to sell Insas.
Or else very risky here.
I can’t foresee Insas future prices. Better be safe.

1 week ago

Johnchew5

Hoho TinKosong Konartist sslleee boyy , still shy away from YTLpower, don’t be Tikusboy pulak .

6 days ago

SinGor

Horse race between OskH vs Insas still on Or Not??? OskH will report good Qr results, both properties &
Cables are very consistent according to similar industries report

5 days ago

TheContrarian

@SinGor, who are you having 🐎 race with?

4 days ago

Johnchew5

Hoho repost from TSH :

Posted by Johnchew5 > 4 hours ago | Report Abuse

Hoho Konartist sslleee is here to rescue yr idol Conartist Callvin ke ..

no more shouting “ Ularsawa come to xxx forum to rescue u “ .🤣

Own claim FA Guru In Yinson but shy away from Yinson n YTLpower forums !🤣.. use most despicable Kon tricks with yr Kon gang : used many Abusive id to post abusive n unethical threads .

As said in respective forums :

1.) Jaks : CAGR is improving.

2.) Insas : Value Trap .. Inari shares % is decreasing to 14 % from 43 % ( 2012 ) n keep selling profitable businesses on 2021 n 2022 .

CAGR is decreasing.


—-

Posted by Sslee > 56 minutes ago | Report Abuse

Mind doing one for jaks, insas and jayatiasa?

4 days ago

TheContrarian

KLCI up 13 points, Insas down 3 sen. Why?

4 days ago

speakup

[27/8/2024 2:41 pm] speakup: CI pushed up to hide broader underlying weakness in the market. Wonder who is doing this? Probably govt instructions to GLCs to paint nice picture of Malaysia market to foreigners

4 days ago

probability

Earnings out - 4.4 cents! Fantastic...

4 days ago

speakup

-4.4sen? Is loss?

4 days ago

probability

of course positive la...

4 days ago

Income

Lots of Bursa shares not up but CI is Up. Funny Bursa. Seems invisible hands are involved???

4 days ago

Sslee

When will Dato' Sri Thong use Insas cash to make a SCR offer?

Year ended Year ended
30/06/2023 30/06/2024
RM'000 RM'000
Cash and cash equivalents comprise of:-
Cash and bank balances 104,747 182,697
Deposits with licensed banks and financial institutions 943,505 1,030,990
1,048,252 1,213,687
Less:
Cash and bank balances pledged (2,376) (30,289)
Fixed deposits pledged (233,801) (214,893)
812,075 968,505

4 days ago

TheContrarian

SCR at low offer price wouldn't be successful. Cheaper for Ah Thong to exercise his warrants at 90 sen to cross 50% shareholding first.

4 days ago

Johnchew5

Hoho Probability aka Victor yong ke .. play wayang in Hengyuan n Netx with Konartist sslleee .

4 days ago

Income

Bro, sinkhole at KL Jln Masjid India is big. Bursa index goes up but majority goes down… into Sinkhole???

3 days ago

Income

Bro Mike 🐀, your point 1, point 2, point 3, point 4 for Insas can you please tell us here. Thanks

3 days ago

Tatooine

Thong at some point runs every company he has run into the ground.. Inari results are terrible!! Same as Omesti, Hohup, Microlink, DGSB etc. He will never take insas private, he has made so much money already and purposely not for his shareholders. He has a Ceo and board who are muppets and does exactly as they are told. The warrants will expire like last time! The only way to male money is buy and sell on ups and downs. Do not buy insas because you think Thong will actually do the best for shareholders.

3 days ago

ocbc

INSAS now the cheapest stock under Finance sectors. Cheers !!

3 days ago

speakup

Wait for Leno buy call then all in

3 days ago

Tatooine

Thong also screw up Inari, over rm2 billion cash sitting there. Refuse to give back to shareholder also has no clue what to do with it! Sound familiar … insas has over rm1 billion in cash, refuse to give back to shareholder clueless what to do with it.

3 days ago

TheContrarian

Leno stuck 15 years 6 months. 🤣🤣🤣

3 days ago

Income

Ok, Insas is the biggest Sinkhole in Bursa and the longest duration value chain in Bursa. The 🐈‍⬛ is still trapped in here. No play play.

3 days ago

xiaoeh

Inari laosai....

3 days ago

TheContrarian

I remember not so long ago someone here asked if Inari goes to RM6 , how much will Insas be?

3 days ago

TheContrarian

Tomorrow Inari better bounce back, if not, Insas will drop like waterfall.

3 days ago

Tatooine

The lack of confidence the market has in thong from his bad management, constant investment failures , dismal shareholder returns has swept across all related shares to insas . Its why insas is so terribly valued. The insas board are a public joke amongst investors.

2 days ago

Balian de Ibelin

The computer chip has failed. The indentured servants blame thong jai ......

2 days ago

ocbc

those company with hugh cash reserve can buy over any cheap company on fire sale

2 days ago

SinGor

stockraider
Insas will beat Osk share price soon loh!
_________________
I think bet place in Jan 2024 ( both stock around 87sen )

2 days ago

TheContrarian

Hahaha, that guy gone MIA.

2 days ago

Tatooine

Microlink Ceo and Cfo resign. Complete mess !! No risk committee doing there duty would give microlink any money! If insas give them rm90 million it is a against there fiduciary duty and the supposed independent directors should be investigated

1 day ago