I sold some because if I don't, Mike-tikus will keep laughing at me for dumb dumb hold last time when Insas reach 1.20

The last time Mike-tikus help me to clear my free warrants WC when WC shot past his PA.

Most likely next month I will top up some MBMR

As expected Pantech give another 1.5 sen dividend.

Next month I expect when OSK and Jayatiasa announce thier quarter end 31th Dec 2023 result, most likely another Dividend for me.

I q sell 1.20 after lunch but it did not match.

Mike-tikus,
A very good week for me.
Many figures realized gain and some more many figures book gain.
Enjoy your weekend everyone.

Most likely he/she who shout RM 6 RINGGIT !! RM 6 RINGGIT !! is just trying to lure your to buy high so that he/she can dispose of his/her warrants for handsome gain and for sure it really work everytime.

I want to make money from the dividend received and at the same time capital appreciation on the stock market price.

Why not if it can be done by writing long letter to question BOD during AGM?

I will rest my case if by shouting Insas canteeeeeeeek and INSAS RM 6 RINGGIT !! RM 6 RINGGIT !! Then Insas share price can reach RM6?

If Insas sell down below 50% then M&A will become another associate company of insas.

Then Mike-tikus will not keep complaining why Insas staff expenses increased more than RM 20 million?

Stock [M&A]: M & A EQUITY HOLDINGS BERHAD
Announcement Date 18-Jan-2024
Reference No CS2-16012024-00066
Substantial Shareholder's Particular:
Name INSAS BERHAD
Details of Changes:
Currency -
Date of Change Type Number of Shares
15-Jan-2024 Disposed 85,770,000
Registered Name Insas Plaza Sdn Bhd
Nature of Interest Deemed Interest
15-Jan-2024 Disposed 14,230,000
Registered Name M & A Nominee (Asing) Sdn. Bhd. Montego Assets Limited
Nature of Interest Deemed Interest
Nature of Interest Deemed Interest
Shares Ordinary Shares
Reason Disposal of Equity Interest via Direct Business Transaction.
Total no of securities after change
Direct (units) 1,009,090,909
Direct (%) 50.49
Indirect (units) 106,627,756
Indirect (%) 5.34
Total (units) 1,115,718,665
Total (%) 55.83
Date of Notice 18-Jan-2024

Repost as a caution reminder:
AAX owns 49% of Thai AirAsia X, both were bankruptcy companies due to covid 19.
AAX bulldoze thro' debts restructure of paying 0.5 sen for every dollar owed and then arm twisting Bursa SC to uplift AAX from PN17.

Meanwhile Thai AirAsia X go into business rehabilitation plan that begin a planned process of repaying debts and refund payments to passengers impacted by the inevitable cancellation of flights during the COVID-19 pandemic.

So do you think any bank dare to lend money to AAX and capA?

AAX do not has the money to acquire AirAsia (AAB) and AirAsia Aviation Group (AAAGL) from Capital A.

And I doubt is capA' Brand AA has the legal right to charge loyalty fees on AirAsia (AAB) and AirAsia Aviation Group (AAAGL)?

Most likely Stony is just trying to pull a fast one/hoax from his magic hat.

I only consider Insas deeply undervalued because of it holding in Inari that generate good dividend to Insas yearly that allow it to build it's net worth every year from RM 1,198,048,000 as at 30/6/2014 to RM 2,340,464,000 as at 30/6/2023.

Mike-tikus
PA another big contract from First Solar, can I buy PA?

Mike-tikus,
Already cut win capA or waiting to cut lose?

And of cause except tax and death.

By the way recent days price spike is a good exit for some retail investors/minority shareholders.

Will it go up further is most likely depend on any big money coming into Insas. That is why life is interesting because you do not know what awaiting you.

Hahahaha, me cannot up because I already 60+ as of other sifus you need to ask them privately.

As I say before if not for the significient improvement in FFB production, paring down of borrowing and start paying dividend, I would not have invested in Jayatiasa

Ayam Tua if you are as good as you say. Please give me one stock that worth investing?

I already sold down 50% of my Insas, beside jayatiass I do not know what stock to put my cash on.

Please advise if you can. I am all ear ready to listen.

Know why 95% of investor lose money?
Know those stocks that went limit down these few days have in common?

Insas has good EPS, pay dividend, NAPS RM 3.56 and growth it Net worth every year RM 1,198,048,000 as at 30/6/2014 to RM 2,340,464,000 as at 30/6/2023.

At RM 1.16 insas is still the most undervalued stock in Bursa.

OTB Hope another party is interested to bid for Insas so that the share price is not depressed all the time.
The share price is being depressed for > 10 years.
The share price of Insas should be like the share price of Inari, at least reflects its fundamental.
The share price of Insas below 1.00 is not a fair price, the 4 quarter rolling EPS is 18.16 sen, the share price at least should be equal to 1.82, trading at a PER=10.
My 2 cents comments.
Thank you.
18/01/2024 9:25 PM

The show never over untill someday and someone come in to unlock Insas deep value.

Can anyone tell me, can you find any stock that sell below it cash holding alone or well below it holding of one of it associate company market value?

Insas still hold 532,008,575 (14.20%) Inari shares.

On Jan 2024::15, 12, 11 and 9
Media Lang dispose total 5 million Inari shares in open market.
So quarter end 31th Dec 2023 and quarter end 31March 2024 there will be gain of disposal of shares in an associate company

The question will Insas dispose more Inari shares?

Stock [INARI]: INARI AMERTRON BERHAD
Announcement Date 17-Jan-2024
Reference No CS2-16012024-00107
Substantial Shareholder's Particular:
Name INSAS BERHAD
Details of Changes:
Currency -
Date of Change Type Number of Shares
15-Jan-2024 Disposed 73,500
Registered Name M & A Nominee (Asing) Sdn Bhd for Media Lang Limited
Nature of Interest Indirect Interest
12-Jan-2024 Disposed 926,500
Registered Name M & A Nominee (Asing) Sdn Bhd for Media Lang Limited
Nature of Interest Indirect Interest
Nature of Interest Indirect Interest
Shares Ordinary shares
Reason Disposal of shares in the open market
Total no of securities after change
Direct (units) 0
Direct (%) 0.00
Indirect (units) 532,008,575
Indirect (%) 14.20
Total (units) 532,008,575
Total (%) 14.20
Date of Notice 17-Jan-2024

Repost
Stock [INARI]: INARI AMERTRON BERHAD
Announcement Date 27-Dec-2023
Reference No CS2-18072022-00070
Substantial Shareholder's Particular:
Name INSAS BERHAD
Details of Changes:
Currency -
Date of Change Type Number of Shares
22-Dec-2023 Disposed 5,000,000
Registered Name Insas Technology Berhad
Nature of Interest Indirect Interest
22-Dec-2023 Acquired 5,000,000
Registered Name M & A Nominee (Asing) Sdn Bhd for Media Lang Limited
Nature of Interest Indirect Interest
Nature of Interest Indirect Interest
Shares Ordinary shares
Reason Acquisition and disposal via Direct Business Transaction
Total no of securities after change
Direct (units) 0
Direct (%) 0.00
Indirect (units) 537,008,575
Indirect (%) 14.33
Total (units) 537,008,575
Total (%) 14.33
Date of Notice 27-Dec-2023

Guess next quarter result how much will insas report on gain on dispisal of shares in an associate company on above transaction ?
02/01/2024 7:08 AM

Posted by sell > Jan 18, 2024 10:35 PM | Report Abuse
When so many try to promote time to take profit

Are you a little late to take profit?

Posted by TheContrarian > Jan 18, 2024 11:54 AM | Report Abuse
I only managed to unload 90% of my Insas

Just for comparision: What do you think Jayatiasa fair price?
Jayatiasa
Fresh Fruits Bunches (MT)
Quarter end 31Dec 2023
345,778
Quarter end 30 Sept 2023
359,740
Quarter end 30 June 2023
224,649
Market Cap: 969 Million
NOSH: 974 Million
NAPS: RM 1.51
Share price: RM 0.995

Taaan
Fresh Fruits Bunches (MT)
Quarter end 31Dec 2023
No yet announce
Quarter end 30 Sept 2023
210,829
Quarter end 30 June 2023
143,071
Market Cap: 1,614 Million
NOSH: 445 Million
NAPS : RM 4.10
Share price: RM 3.63

SOP
Fresh Fruits Bunches (MT)
Quarter end 31Dec 2023
348,678
Quarter end 30 Sept 2023
352,149
Quarter end 30 June 2023
264,453
Market Cap: 2,377 Million
NOSH: 890 Million
NAPS: RM 3.86
Share price RM 2.67

Imagine if Insas pay a yearly dividend of 10 sen. What will be Insas share price now?

A very good shareholder question during the AGM.
I like to comment endeavor to maintain a dividend range of 2.5% to 3.3% pa but surely as a financial savvy person this dividend should not be based on highly undervalue share price of 88 sen but should be based on Insas NTA of RM3.50 per share as a reference point.

If RM3.50 is a reference point, a FD rate of 3% pa, it will mean Insas should be paying dividend of 10 sen per share and not 2.5 sen.

i3lurker must be enjoying his long new year holiday oversea. So many people miss him in capA forum.

Who know maybe 2027 another RI RPS with free warrants

Ah Thong would not notice me. Someone must be a substantial shareholder 5% then everyone will take note.

I think my first encounter with Ah Tong is in 2018 AGM where I argue for hours with Ah Thong to give a better dividend to no avail. But I am suprise after AGM Ah Thong resign from the post of CEO and Dato' Wong take over the post of CEO.

I already give up on Insas when Insas annouce RI in 2021 RPS with free warrants. I thought another Xingquan cash rich but still cash call RI if not for leno telling me Insas reward the shareholders with RI.

So I fully subscribe my full entitlement with 10% excess application. True to leno saying insas share and wC suddenly shoot up and I sold all my RPS and WC to accumulate more Insas. The rest is history.

Last time the one retire in Perth half way plane make u turn due to technical problem.

This time I really hope someone is collecting to challenge controlling shareholder so that someone can finally retire happily in Perth.

It is also a FACT that leno had been shouting Insas canteeeeeeeeeeeeek.
Insas RM 3, 4, 5, 6 kambing kambing.
And I still waiting waiting and waiting

By the way holding Insas is save because of deep value and giving yearly dividend but holding WC once expired on 2026 out of money you are going to lose everything.

CharlesT
Thank you, I can only say everyone is learning something new every day.

Jayatiasa is now my second biggest holding in my portfolio. Hope next month jayatiasa will announce a good quarter and a dividend.

Insas stop buyback because share buy back will trigger Dato' Sri Thong and PAC holding 33% MGO.

However, Berkshire's third-quarter buybacks were significantly lower than other recent quarters. In the first quarter of 2023, Berkshire spent about $4.4 billion on buybacks, and in the second quarter, it spent another $1.4 billion. But in the third quarter, the buyback pace slowed even further to $1.1 billion. Since buybacks are generally indicative of management thinking the company's stock is attractive, is CEO Warren Buffett trying to signal something about Berkshire's current valuation?

Is Berkshire dumb to buybacks Berkshire shares?

If Insas value canot be unlock then most likely WC will expired out of money in 2026 as what happen to WB in 2020.

So invest in WC at your own risk.

Leno most likely already unload his Insas-WC. Will see whether he is still on top 30 Insas-WC shareholders list next year.

I don't mind holding Insas if Insas dividend can match bank FD rate because I know Insas is unreasonable undervalued and may be I fine day some shareholder activists will come in and unlock Insas value.

By the way most likely BOD is working hard on getting Dato' Sri Thong agreement for MGO waiver for Insas to do share buy back.

I can't say tambah as I am also selling to take profit.

Most likely next round TheContrarian and me will only senyap senyap tambah when we slowly for months accumulate from 75 sen to 85 sen.

And leno will come out shouting Insas canteeeeeeeek when Insas-WC break thro' 40 cents.

The story.
Insas is a well known value trapped.

The controlling shareholders Dato' Sri Thong and PAC together holding 32.96 % like to trap all the value inside Insas net worth with billion in cash, associate companies and liquid assets.

Insas need shareholder activist to unload the value inside Insas. As of when this shareholder/holders will come and unlock the value? No one know. Or can it be "ini kali lah"

Meanwhile smat investor TheContrarian love Insas for the below reason:
And me can only reasoning with BOD for a better dividend every year.

Posted by TheContrarian > Jan 16, 2024 11:43 PM | Report Abuse
Insas is a counter where we slowly for months accumulate from 75 sen to 85 sen and then wait and wait and wait and wait for the lovely days where price finally spikes above RM1.10 to start taking profits.

Stock [M&A]: M & A EQUITY HOLDINGS BERHAD
Announcement Date 05-Jul-2023
Reference No CS2-05072023-00007
Substantial Shareholder's Particular:
Name INSAS BERHAD
Details of Changes:
Currency -
Date of Change Type Number of Shares
30-Jun-2023 Acquired 10,502,200
Registered Name M & A Nominee (Asing) Sdn Bhd for Montego Assets Limited
Nature of Interest Indirect Interest
Nature of Interest Indirect Interest
Shares Ordinary Shares
Reason Acquisition of shares in the open market.
Total no of securities after change
Direct (units) 206,627,756
Direct (%) 50.49
Indirect (units) 0
Indirect (%) 10.34
Total (units) 1,215,718,665
Total (%) 60.83
Date of Notice 05-Jul-2023

Mike-tikus,
Can you please stop posting your cut and paste recycle misleading statements about Insas in Insas forum.

By the way do I need to repeat again the staff expenses increase is due to M&A securities increase business and thus increase incentive payment paid to brokers and remisiers.

Financial assets at fair value through profit orloss
Currency: USD Sing EU UKPound AUD HK others total
Equivalent MYR '000
23,175 102,361 151 769 10,469 37,315 7,520 181,760
Deposits with licensed banks and financial institutions
149,911 79,391 – 27,174 30,796 21,407 – 308,679
-
-
-
-
Net financial assets/(liabilities)
186,682 134,589 (7,753) 56,504 40,876 61,472 8,580 480,950

From INSAS Annual report:
FINANCIAL ASSETS AT FAIR VALUE THROUGH PROFIT OR LOSS
Group
2023 2022
RM’000 RM’000
Quoted securities, at market value
- in Malaysia 41,072 69,212
- outside Malaysia 181,760 180,158
222,832 249,370

The Group’s financial assets at fair value through profit or loss amounting to RM151,399,000 (2022: RM160,553,000) are pledged to certain licensed banks and financial institutions for banking facilities granted to the Group.

If Insas is serious about investment in Financial assets at fair value (quoted shares) then BOD should employed somone that is as capable as HEXZA to do the investment.

From HEXZA
At the Group level, dividend income of RM1.88 million was received from our investments in quoted and unquoted shares. The Group’s cash and cash equivalents amounted to RM69.72 million as at the end of the current financial year compared with RM80.15 million in FY2022. Investments in quoted shares as of 30 June 2023 were RM227.04 million, compared with RM117.95 million in FY2022. The Group’s investment in shares quoted in the United States and Malaysia recorded unrealised gains of113.8% and 2.9%, respectively during the year.

Material subsequent event
There are no material events subsequent to the end of period reported on to the date of this report which have not been reflected in the financial statements for the quarter ended 30 September 2023 except the following:
1) On 11 October 2023, the Company has disposed a total of 10,000 ordinary shares in NVIDIA for total cash consideration of RM21.81 million in open market on Nasdaq Stock Market. The gain on the disposal as compared to the average cost was RM17.85 million.

2) On 11 October 2023, the Company has acquired an aggregate of 185,000 ordinary shares of SYMBOTIC Inc (“Symbotic”) for a total gross cash consideration of RM36.72 million in open market on Nasdaq Stock Market.

3) As at 23 November 2023, the aggregate value of the investment portfolio was RM51.23 million higher as compared to the reported value as at 30 September 2023.

AAX owns 49% of Thai AirAsia X, both were bankruptcy companies due to covid 19.
AAX bulldoze thro' debts restructure of paying 0.5 sen for every dollar owed and then arm twisting Bursa SC to uplift AAX from PN17.

Meanwhile Thai AirAsia X go into business rehabilitation plan that begin a planned process of repaying debts and refund payments to passengers impacted by the inevitable cancellation of flights during the COVID-19 pandemic.

So do you think any bank dare to lend money to AAX and capA?

AAX do not has the money to acquire AirAsia (AAB) and AirAsia Aviation Group (AAAGL) from Capital A.
And I doubt is capA' Brand AA has the legal right to charge loyalty fees on AirAsia (AAB) and AirAsia Aviation Group (AAAGL)? Most likely Stony is just trying to pull a fast one/hoax from his magic hat.

BANGKOK, Today (1 September 2023) - The Central Bankruptcy Court has given approval to the business rehabilitation plan of Thai AirAsia X, which was revised in accordance with decisions made by a conference of creditors on 14 July 2023. Following this decision,Thai AirAsia X is now again ready to pursue continual growth. As part of its expansion plan, it will be adding aircraft to its fleet, opening new routes to increase cash flow and revenue, and efficiently managing capital.

Thai AirAsia X will thus begin a planned process of repaying debts and refund payments to passengers impacted by the inevitable cancellation of flights during the COVID-19 pandemic.

Posted by leno > Jan 17, 2024 3:22 PM | Report Abuse
Shoes company keep shoes as inventory
Steel company keep steel as inventory
Investment company keep what as inventory ?
CASH mar .... if no cash how to invest in tech companies in China ?
Use cow shit meh ?

MUAHAHAHAHAHAHHAH !!

Leno is right this is why Berkshire Hathaway hold so much cash and so is icapital.

Cash on Hand as of September 2023 : $157.24 B
According to Berkshire Hathaway 's latest financial reports the company has $157.24 B in cash and cash equivalents.

TheContrarian,
Will be a big CNY celebration for me with my mum, brothers, sister and their family and my family.

I actually flight back, undergo the covid 19 quarantine period and with my mum during her ICU hospitalization. My mum recovered and that year CNY I can't go back but my wife and my childrens are with my Mum in Alor Star celebrating CNY.

Posted by Mikecyc > Jan 17, 2024 5:13 PM | Report Abuse
Haha Konartist sslleee as posted earlier when you posted I oredi sold Jaks …
My In ratio > 40 :30 :30 , Out ratio > 30 : 30 : 40

Mike-tikus
Why you did not use your winning in-out ratio to protect your holding in capA but dumb dumb hold capA?

At my age, money is just a figure as I do not have much use for money unlike when I just start working or start my family, I need money to support my parent and family.

Mike-tikus,
Stockraider will come in and spend RM 5,000 buying 1 million of WC come year 2026 as what he had done with WB in 2020.