Bought first time at RM1 today.

If there's no longer any 10% minorities left to oppose the SCR then Surin wins.

@Sslee, good luck to you.

Insas closed in the red again. Which brainless people sold Insas today?

Time extension will bleed the minority shareholders.

@UncleFollower, we are merely trying to warn people who holds Insas that this stock is a value trap.

Dear John, GO and SCR are different. In a SCR, even if you vote "No" your shares could still be forcibly acquired.

Insas closed down 2 sen, whole day mostly in the red, not even one second green. Which brainless people sold 6.1 million shares today?

Microlink

No point talking science fiction in the forum, you can't make money in the stock market talking and thinking like this. After having sold ALL my Insas I channelled the sales proceeds into Mycron, KPS and Eksons and sold part of these stocks this month for further gains. Be a contrarian and make money not a science fiction time traveller.

Disclosure : I have already sold off ALL my Insas and made a four fold gain but I may buy back Insas. 😁😁😁

Leno still stuck in Insas 15 years 5 months already. 🤣🤣🤣

Many stocks prices have risen over the past week but pity Insas which actually fell 5 sen from a week ago.

Buy 4 warrants also will get 3 bonus warrants and warrant exercise price will be revised downwards.

Bought Engtex-WB at 41.5 sen.

The big boss died already.

Insas will continue to be a very "gruesome" company until Thong crosses 50% shareholding.

Took some profits at 0.61 to 0.625.

The Chinese owns the Kazakhstan oil concession directly 40% while Reach Energy owns the balance 60%. The oil is plentiful there but the problem is extracting the oil. Huge impairment has already been made to write down the cost of plant and equipment. Now we need to wait for the turnaround or disposal of the whole concession.

Aah, another water fish joins the forum.

Took some profits on Affin at 2.49.

Sarawak ministers a lot of hot air, hahaha.

Have you guys heard that Insas will be making a MGO on DFX shares at 50 sen?

Has an EGM been convened to approve the "innovative dividend" ?

Thong needs to acquire sufficient Insas-WC in order to be able to cross 50% and render the MGO unconditional. And Thong can stealthily accumulate Insas-WC without having to report any purchases since he isn't a director of Insas.

Posted by Sslee > 2 hours ago | Report Abuse

Insas BOD decided to take profit on Inari as most insas shareholders want Insas to take profit. So no complaint from me when Insas sold some Inari shares to report a good quarter result.

The problems is I cannot understand why Insas BOD hold such a large cash hoard of over RM 1 billion?


Insas is hoarding cash for the big, special dividend of 35 sen after Thong exercises his warrants and crossing 50% shareholding.

Insas sells bits of Inari every quarter to book some gains, this has been expected. They probably sold some Inari shares yesterday as well.

Last quarter lower selling price of Inari shares.

Insas selling of bits of Inari is immaterial to the minorities. Insas share price will continue to be manipulated and suppressed.

When they consolidate the results at Insas Bhd level the group cost should be around RM0.736.

Insas' gain on disposal of 8.5 million Inari shares probably RM25 million.

Abang Jo has been told by Bank Negara to shut up and since then Abang Jo hasn't mentioned Affin.

As expected Insas sold Inari shares this week, 8.5 million in total.

Took some profit at 0.49 today.

Today is the start of steel stocks rally.

Tatooine, you playing flag?

Go, go, go Mycron ..... oops, wrong forum.

Go, go, go Mycron.

The only way Thong will fail to make that move in February 2026 is that death comes first.

Invest in whatever stock based on your own assessment, not because someone tells you to.

Insas has about 2 weeks remaining to sell some Inari shares and surely they will and will get a good price boosting the cash balance further.

Most bank stocks are now paying good dividends. My choice is Affin because there's a great upside potential (in terms of percentage).

By February 2026 Insas cash would be how much? Thong exercise his warrants, if he crosses 50%, his MGO will be unconditional. After that Thong needs to reduce his own personal financial burden for crossing 50%. Insas in position to declare special dividend of 35 sen. Insas share price will rally upon the pleasant news of 35 sen dividend.

Strangely, MrSslee, you don't seem to buy bank stocks.

I am placing bets on other cash rich undervalued stocks like Eksons and FACBInd for potential privatisation.

Yes, next peak will be higher but when will the next peak be? From past experiences, peaks are about 2 to 3 years apart.

Compared to you, I don't have sufficient capital to buy many stocks and in the amount that you do.

MrSslee, spread over a few plantation stocks if you want exposure in plantation.

Insas RM1.35 peak is highest in over 20 years, I think.

I was referring to Insas' highest level in November 2021 then.