tc88

More n more ppl take note on Insas share nw which is totally undervalue....

2015-04-19 17:36

kakashit

still can buy now, treating insas's preference share as liability n dilution of warrant, roughly nta still can worth rm1.50 from rm1.8

2015-04-21 13:59

MrNobody

since when holding company will trade at NTA?? what is their core business?

2015-04-21 14:02

kakashit

sometimes NTA boost up, share price will also follow,
like BJcorp latest quarter nta boost from 1.35 to 1.65,
no matter how lame is the counter, share price will have to pick up with the nta.

most ppl look for earning boost, but some look for nta boost

diff view, diff play, hope calvintaneng to gv some long gas comment here

2015-04-21 19:37

MrNobody

holding co. can make their share price anywhere btw 10% to 100% of their nta.

bcos no fund will invest into holding company. only retailers.

fund go directly. eg, fund would buy inari from 30c to 3.50, but ignore insas all together.

its at the owner preference what level they want to move. unless they feel threatened by a hostile take over.

2015-04-21 19:41

MrNobody

another time ppls will look at holding co is when it has impending spin-off of lucrative biz. or General offer.

what does Insas has to spin off? Dome restaurant? profit too small.
nothing to spin off.

General offer?
possible. but not in the near futures. as they are still collecting Hohup. they may still need a listing vehicle to raise fund on the Hohup deal.

going fwd Insas will become mainly a property co. tech earning is too erractic and competitives. i believe dato thong is smart enough to unload all inari when there r keen interest.

2015-04-21 19:51

kakashit

I also dun hv too much confident on holding co, thats y I take a book value based approach, ie ncav, nnwc or rnav, once exceed the MOS, then i'll let go.

Everything price too low below liquidation value is a good buy

2015-04-25 10:10