ARM closed above USD179, purchase cost to Hexza around USD127.

Insas closed up 2 sen but Insas-WC closed down 1 sen, obvious dumping of the warrants which are trading at a 10.5 sen premium.

Added at 92 sen.

Stay away from the warrants.

Tan Sri Tong still holding on to the warrants, such fool.

Any disposal would not be reported immediately as prior approval to dispose has already been obtained.

Dump to fresh water fish. Every year there will be fresh batch of water fish who "discover" the most undervalued stock in Bursa.

Buyer and seller are essentially the same people, the upward in share price is to attract punters to buy the warrants which they would dump.

@MrSslee, no point explaining to those people who doesn't understand.

Mention special dividend and Insas share start moving.

Special dividend at least 35 sen.

MGO will take place in the year of the 🐎

In about 13 months time Ah Thong will exercise all his warrants at 90 sen requiring him to make a MGO at 90 sen.

@xiaoeh, if cheap I buy.

Matched at 94 sen, not 94.5 sen.

Added Naim at 94.5 sen.

Insas MGO on track ........ in about 13 months.

Bought back Naim at 99 sen.

Money market players buy for 1 sen gain.

Will not jump to RM10/12, will just go limit up.

Who die-hard investor?

Don’t follow the crowd

If you do what everyone else does, you’ll get what everyone else gets, i.e. an average result. I have the haunch that the results are actually way below the average.

In fact, if you are looking for a proven formula for losing your money quickly, try following the crowd, like following the greater fool theory by chasing hot stocks, hypes, and fads, higher and higher without understanding their fundamentals.

Be a contrarian, a right contrarian though. Herds’ mentality hurts your investment outcome. You can only practice as a right contrarian if you have the right knowledge and experience.

This is copy and paste from KC Chong.

I where got trade? I invest.

If Great Eastern shares sold it will fetch RM430,000,000. If paid out all as special dividend, it will come to how much?

SBagan is kingmaker in Great Eastern with 1% shareholding. If they accept then OCBC can do complete 100%.

Kluang's NTA are mainly its investment in SBagan.

If you read back the EGM dated 30 January 2024 to approve the disposal of all the Nvidia shares, the disposal is supposed to by completed by 31 December 2024. Does this mean Hexza has already recently sold off Nvidia?

Kluang satu Great Eastern share pun tak ada.

Grabbed at 97 sen.

Took some profits at 84.5 sen this morning.

I used to make lots of money from bodoh EPF in Affin. Whenever bodoh EPF sells I collect. Then EPF suddenly collects I sell to them.

Posted by Income > 2 weeks ago | Report Abuse

If insas = undervalued, WHY EPF doesn’t want to buy Insas to keep leh???
EPF must be sto-0pid to turn a blind eye at “undervalued “ insas???

EPF memang bodoh.

Every quarter, this time December 2024, Insas will sell some Inari shares to book gains.

Went touring the world.

Anything brewing?

How's my favourite stock doing? Insas cantik.

With only 93 million shares in issue, just the GE shares and gold bullion provides RM5 support to its NTA

SBagan currently has Great Eastern shares worth RM430 million besides gold bullion of RM29 million.

If SBagan accepts the offer, OCBC will be allowed to compulsorily acquire the remaining Great Eastern shares currently held out by a few Singaporean individuals.

SBagan is the second largest shareholder of Great Eastern, owns about 1%.

Needs lots of patience holding Eksons.

@MrSslee, check out Hexza. Needs to own only 600,000 shares to be no. 30 largest shareholder.

Hexza owns 200,000 Nvidia shares @ USD149 @ exchange rate 4.5 = RM134 million.

Bought at 97.5 sen.

Affin price is now ding, ding, dong ......... ding, ding, dong.

@ Mikecyc, Stockraider is an arrogant coward who dare not come to i3investor forums for more than 6 months already.

Insas really cham, no corporate structure, minorities been stripped naked slowly for sure.

Holding on to Naim.

Posted by Mikecyc > 7 hours ago | Report Abuse

Haha Speakup is aka id of The Contrarian ke …

No, he isn't me! I am way, way a smarter investor.

@MrSslee , please don't prolong this Jaks fight with Mike. Let it go.