RTO of SYF. TheContrarian make handsome profit from holding SYF.

The RTO is just to save Insas holding in SYF and SYF boss.

Insas can actually list M&A securities by normal IPO and that will most likely benefit Insas minority shareholders as minority shareholders are entitle to subscribe to the IPO.

Because of Insas is controlling shareholder of Inari hence many was nominated by insas to directorship of Inari and entiltle to Inari yearly ESOS.

Did insas minoroty shareholders benefit from Insas holding Inari shares or Insas now holding RM1,160,000,000 cash?

Insas NAPS is now RM 3.63.
If WC fully converted then the dilute NAPS is RM (1x3.63 + 0.5x0.9)/1.5 = 2.72

Insas is such a cash rich and with 527,008,575 inari shares it did not matter what will be Insas quarter result but depend how someone wants to push up or push down.

Posted by TheContrarian > May 23, 2024 7:50 PM | Report Abuse
Don't panic, Insas still has RM1,160,000,000 cash.

Thanks will wait below 2.20 to top up again.

I can only hope one day AI will generate many Chun Chun Stocks for us to earn big in the market.

Insas holding in Omesti
Omesti: 53,859,500
Omesti rps: 11,234,800
Omesti warrant: 26,214,532

And many pledged shares from VVIP
M & A Nominee (Tempatan) Sdn Bhd
Insas Credit & Leasing Sdn Bhd for H2O Holdings Sdn Bhd: 66,273,700

If you look into these shares price at beginning of year and quarter end 31/3/2024 then you should know why bad quarter for Insas.

After SPM why go to Tenby to do preU?
Tenby is only good for primary and secondary study.

If Thong buy from open market and trigger 33% MGO then the whole world will know 1+1+1+1 = 4

TheContrarian Insas sum of parts 1+1+1+1 = 1
23/05/2024 7:30 PM

Religion is man creation to explain the unexplained on what happening surrouding him. Birth, aging, sickness and death.

It is also man seeking answer to his inner self question what is the purpose of life?

Luckily announce a good quarter result or else all kena trapped.

Singapore is experiencing a new wave of COVID-19, with authorities recording over 25,900 cases from May 5 to 11. Health Minister Ong Ye Kung advised the public to wear masks again on Saturday.

“We are at the beginning part of the wave where it is steadily rising,” Kung stated. “So, I would say the wave should peak in the next two to four weeks, which means between mid- and end of June,” he told The Straits Times.

Insas should move back to year high if insas can report a good quarter result and associate Inari, subsidiary M&A report an increasing profit.

Now you know why more than 90%+ investors lose money in Bursa.
Can it be because they chase high and believe they can sell higher?

I will be very keen to see what will be BOD, External Auditors and Company Secretary answer to my AGM questions?

https://klse.i3investor.com/blogs/Sslee_blog/2024-05-09-story-h-181840138-Questions_for_upcoming_Capital_A_Berhad_AGM_on_13_Jun_2024.jsp

If you are an employee of airasia and you read the below news.
How would you feel?
You have work so hard till checking all hand carried bags to ensure those carry over 7 kg need to pay the penalties and yet already how many years AA never pay Bonus?
What had gone wrong when SIA reported record profit yet AA hardly making any money?

Record $1.98 Billion Profit Surge Leads to 8 Months’ Salary Bonuses for Singapore Airlines Staff
Sunday, May 19, 2024
Singapore Airlines reports a record profit of S$2.67 billion for 2023-2024, leading to substantial employee bonuses and reflecting strong recovery in travel demand.

The payout exceeds Singapore Airlines’ previous year’s earnings peak, resulting in a profit-sharing bonus equivalent to 6.65 months’ pay and up to 1.5 months’ salary as an ex-gratia bonus related to the pandemic.

The city-state’s flagship carrier reported a record annual profit of S$2.67 billion ($1.98 billion) for the fiscal year 2023-2024, a 24% increase from the previous year, according to a filing on Wednesday.

Insas can easily distribute higher dividend.

The problem is with controlling shareholder Dato' Sri Thong selfishly keep all the cash inside Insas as he time his next move how to increase his and PAC holding from 32.96% to above 50%.

Someone got his stock tip on privasia from his jalan alor massage old lady? He hasn't learnt his lesson on jaks?

No wonder KC Chong has this to say about TTB: It helps if he has more humility.

JohnD0ugh
For Malaysians who have been crying over the weakening Ringgit and rising cost of living, they have right in front of their eyes a precious Malaysian listed fund that has not only offered them currency protection but also superior wealth creation.

Despite a very tough and turbulent environment, icapital.biz Berhad has achieved a very strong performance with its share price outperforming the MSCI Malaysia in US$ by a huge margin in the last 1-year and 3-year periods.

The share price of icapital.biz Berhad has also outperformed the S&P 500 and NASDAQ, two top performing indices dominated by AI stocks like Nvidia, Meta, etc , in US$ in the same 1-year and 3-year periods

Jayatiasa should move back to new high at end of year when peak havesting begin on second half of 2024.

Like I said before I'm still waiting to buy back Insas below RM 1.0 and then below RM 0.9.

Did somone average down his holding in Jaks?

By 2025 should be able to see the profit contribute by FPSO Atlanta and FPSO Maria Quitéria.

I already book my front row seat with popcorn and cola to watch the firework show.

May 16, 2024, by Melisa Čavčić
A floating production, storage, and offloading (FPSO) vessel has come to Brazil, where anchoring operations are in progress to enable the unit to work at an oil field in the Santos Basin.

FPSO Atlanta; Source: Yinson Production
According to Brazil’s Enauta, the FPSO Atlanta arrived at the Atlanta field in the Santos Basin on May 11, 2024, as planned. Following inspection and clearance by authorities, the vessel started its anchoring operation, with activities progressing in line with the first oil target.

With the capacity to process 50,000 barrels of oil per day, and 140,000 barrels of water per day, the FPSO Atlanta can store 1.6 million barrels of oil and is chartered and operated by Malaysia’s Yinson Production.

Following the FPSO’s naming ceremony at the Dubai Drydocks World in December 2023, the vessel left the shipyard in March 2024, crossing oceans while making its way to Brazil. The first oil is slated for August 2024, with six wells online, reaching ten wells in 2029.

With a lot of overcapacity. When will Lctitan turn around?

Indonesia is likely to start operations of 22 petrochemicals projects from 2021 to 2025, mainly driven by strong demand for plastics and fertilizers, according to GlobalData, a leading data and analytics company.

GlobalData’s latest report, ‘Petrochemicals New Build and Expansion Projects Market Size, Share & Trends Analysis report by type, region, key commodities, and key countries forecasts and analysis 2021–2025’ reveals that out of the 22 projects expected to commence operations in Indonesia, four will be methanol projects, followed by three polypropylene projects.

Bhargavi Gandham, Oil & Gas Analyst at GlobalData, comments: “Indonesia, one of the largest economies in Southeast Asia, is witnessing strong demand for petrochemicals, especially for plastics and fertilizers. Indonesian government plans to minimize dependence on petrochemicals imports by promoting the domestic petrochemical sector to meet the soaring demand.”

Among the upcoming methanol projects in Indonesia, the Air products Bengalon Methanol Plant project leads with a production capacity of 2 MMtpy. The project is expected to start operations in 2025.

GlobalData notes that among the upcoming polypropylene projects, the PT Trans Pacific Petrochemical Indotama Tuban Polypropylene Plant project and Lotte Chemical Corporation Cilegon Polypropylene Plant project lead with a production capacity of 600,000 tpy each. The PT Trans Pacific Petrochemical Indotama Tuban Polypropylene Plant is expected to start operations in 2024 while Lotte Chemical Corporation Cilegon Polypropylene Plant will commence operations in 2025.

AAX will be better off without taking on the assets and liabilities of capA aviation.

Dumb question.
The adjustment of WB is due to RI at 22 sen with free warrants WC in year 2020.

So another 5 -6 years of never ending court case how much the lawyer will charged jaks?

So come back on 2030 to have a second look at jaks

Indonesia is likely to start operations of 22 petrochemicals projects from 2021 to 2025, mainly driven by strong demand for plastics and fertilizers, according to GlobalData, a leading data and analytics company.

GlobalData’s latest report, ‘Petrochemicals New Build and Expansion Projects Market Size, Share & Trends Analysis report by type, region, key commodities, and key countries forecasts and analysis 2021–2025’ reveals that out of the 22 projects expected to commence operations in Indonesia, four will be methanol projects, followed by three polypropylene projects.

Bhargavi Gandham, Oil & Gas Analyst at GlobalData, comments: “Indonesia, one of the largest economies in Southeast Asia, is witnessing strong demand for petrochemicals, especially for plastics and fertilizers. Indonesian government plans to minimize dependence on petrochemicals imports by promoting the domestic petrochemical sector to meet the soaring demand.”

Among the upcoming methanol projects in Indonesia, the Air products Bengalon Methanol Plant project leads with a production capacity of 2 MMtpy. The project is expected to start operations in 2025.

GlobalData notes that among the upcoming polypropylene projects, the PT Trans Pacific Petrochemical Indotama Tuban Polypropylene Plant project and Lotte Chemical Corporation Cilegon Polypropylene Plant project lead with a production capacity of 600,000 tpy each. The PT Trans Pacific Petrochemical Indotama Tuban Polypropylene Plant is expected to start operations in 2024 while Lotte Chemical Corporation Cilegon Polypropylene Plant will commence operations in 2025.

Hahahaha how dumb can someone be keep saying jaks do not have Cash flow problems but every year either PP and RI.

So when and at what price the next batch of PP?

Maybe next AGM someone can propose the current fees be replaced by equilvalent of new issue of icapital share value at NAV. Then most likely the management will work double hard because now they have the skin in the game.

If only KSL pay dividend I would have invested in KSL. So miss this one.

My Pantech also do well with dividend every quarter.

Insas should move back to year high too if Inari and M&A can report increasing profit and BOD give higher dividend

My plantation stock Jayatiasa should move back to new high at end of year when peak havesting begin on second half of 2024.

My tin stock MSC already 52 weeks new high.

Once upon a time when we do a China project we demand to be paid back in 5 years time. So first 5 year only pay bank interest (no principal payment) because interest is tax deductible and profit from the first 5 years all go back to investor as dividend.

Somone trying hard to con people abt Privasia on jaks forum😱.

All loans by Insas credit and leasing are with collateral.

I am still waiting to buy below RM 1.00 then below RM 0.9

By the way the last WC initially I wrote to Bursa to voice my objection on another RPC with more free warrants. Later I listen to Leno that this is how Thong reward shareholders every 5 years. So I join the crowd and subscribe fully my entitlement with 10% excess application.

The rest is history.

Thong and PAC can't buy from open market because that will immediately trigger 33% MGO.

His best hope is to covert whatever WC he and his PAC hold.

I think US stock market is at dangerous bubble stage. If bubble burst KLSE will also suffer amd TTB can kiss his klse at 2,000- 2,500 goodbye.

All of them are misled or they try to follow Warren Buffett blindly of holding stock for life.

If Philip can understand how you earned 4X from Insas and apply the same method then most likely he already earned many X with many of his stocks holding.

And they will never understand how you make 4X from Insas.

That will be latest by Feb 2026 when Insas-WC expired

I think Philip hold too long on his QL. His QL already lose to Ricky Yeo Scientax for the past 3 of their 10 years competition.

This is how old man like to compare how long you can hold

I am actually hoping for Insas BOD start to deploy the RM 1 billion+ cash hoard.

I am waiting for Inari and M&A quarter result to decide whether to buy back more Insas.

Because not fully owned and profit go to non controlling interest.