😴😴😴😴😴😴😴😴

AmInvestment Bank (AmInvest) has forecast the FBM KLCI could fall to 1,340 points by end-2024 in a worst-case scenario based on the onset of a global economic downturn and heightened geopolitical tensions.

This would represent a decline of 213 points or 13.7% for Bursa Malaysia’s benchmark index based on yesterday’s close of 1,553 points.

If this happens Insas will surely drop to 80 sen.

Mikecyc has been suspended two months.

Posted by leno > 1 month ago | Report Abuse

Insas 1.18
WC 0.38

1 week after expire
WC 0.38 will become mother 1.18 automatically
= 210.5 % profit in 2 years !!

INSAS RM 60 RINGGIT is KAMBENGGGGGGGG AAAAAAAAAAAAAAA !

The last time Leno commented Insas was at 1.18 ......... since then no one knows what happened to Leno.

Mikecyc got suspended for 2 months. What will Jaks price be in 2 months?

Overall market must turn bearish for Insas to drop to 90 sen. Since overall market bull is sustainable Insas will drift from 1.03 to 1.10. A break out above 1.10 will attract short term traders who ride on momentum.

It's all about how we try to optimize our investment at a particular time.

Insas at 1.07 it's difficult to make a 30% gain within 6 months. So, I would rather be invested in say, Mycron @ 38.5 sen or MAA @ 37 sen.

I usually buy at a price where there's a chance of making a 30% gain within six months. But sometimes I would exit for a 15% gain within a couple of weeks.

YNH, Rapid drastic fall in January benefited Insas as the 🦈🦈🦈 switched attention to undervalued Insas and piled up Insas drawing in the water fish.

Insas volume traded dropped to merely 298,600 shares, the lowest since 5th January. What does this tell us? Selling drying up? Or a trap set to lure people to think so?

Surprisingly Insas was red the whole day, there was not a single trade done at 1.08. Insas NTA RM3.57 but no one willing to buy at RM1.08? What is the reason? Why is Insas shunned?

If your original cost of investment in Insas was RM45,000 a four fold gain would be something like RM180,000 in the safe now.

@MrSslee, very true, so many people actually believed Leno.

If one were to sell 100,000 Insas shares at 1.30 in January and buy back at 1.07 today, there's a cool RM20,000+ extra cash and you still own 100,000 shares.

I always wonder why people didn't sell off Insas at RM1.30+ in January. Can easily buy back now so much cheaper.

Only 260 shareholders escaped.

Imagine 26,000 shareholders trying to get out of Insas trap, no wonder Insas cannot break out.

Mohamed Khalid confirmed that Boustead Holdings Bhd, which has been taken private by LTAT in June 2023, will sell its stake in Affin Bank Bhd to the Sarawak state government, although he did not clarify the quantum of the stake that will be divested.

He said the deal is currently pending Bank Negara Malaysia’s (BNM) approval.

“We will proceed with that (stake sale). We are just waiting for the approval from BNM. Not LTAT, but LTAT's subsidiary Boustead. LTAT will still remain in Affin Bank,” he said, confirming that LTAT will retain its stake in Affin Bank.

INSAS has more than 26,000 registered shareholders ....... so many got trapped in Insas!

Leno still trapped in Insas-WC which will be worthless after expiry in less than 2 years.

Posted by leno > 1 month ago | Report Abuse

INSAS 1.18
JTiasa 1.22

Which one is value trap ?

U wan to bet ?

Posted by UncleFollower > 1 day ago | Report Abuse

Both my mother share and warrants turned marginally green today...thanks to averaging down at 0.235. Now what. Hold cos good value? Run cos everyone uber negative? Buy cos chart turning up?

🐊 watching you.

Why do people buy Insas at current level and get themselves trapped?

There are still 🐊🐊🐊 in Insas.

Shareholders cannot propose dividend, only directors can. Shareholders merely approve the dividend proposed by directors.

Insas satu ringgit satu kupang coming.

Posted by SinGor > 19 hours ago | Report Abuse

I am still waiting for Stockraider's prediction that Insas will beat Osk ( no date given---both start from 87sen
in 2022 )

That coward stockraider hiding with Leno.

MrSslee, next AGM can propose this resolution.

Lend RM2 to Leno and you will be stuck 15 years not getting it back.

Already almost end of March, still no news of the done and dusted deal?

The last time Insas share price touched 1.10 (and only briefly) was on 11th March. It has been 18 days. But everytime Insas touches 1.08 someone gets very excited.

I still have the contract notes when I bought my first Insas at around 65 sen and subsequent purchases below 65 sen in year 2016.

Those trapped in Insas, don't worry, I assure you, no, I guarantee you ....... one fine day Insas will go beyond RM1.35, so eventually everyone will stand to make gain. However, those trapped in Insas-WC, it will be worthless after February 2026, less than 2 years away. Don't be like Leno, trapped in Insas-WC.

After selling Insas at an average price of RM1.30 in January I used the proceeds to mainly buy KPS from 82 sen down to 74 sen (average price 79 sen). People who are trapped in Insas lose out buying other counters to generate further gains.

The head honchos got the shares at cheap, cheap price of RM1.86, who doesn't want?

Bought Affin at 2.45 today.

Shark kills its prey instantly, crocodile keeps its prey alive for awhile chewing him slowly.

Insas so calm now.

@MrSslee, it's obviously market inefficiency. Stock market inefficiency is how a person makes enormous gains.

Yes, 4.5 sen payable end of April, another 1 sen in June.

When I first bought into Insas on 20th May 2016 I never dream of making a four fold gain within 8 years. A contrarian's view is always to sell off when the majority of retailers and so called stock gurus/grandmasters have gotten excited on the stock. If opportunity presents itself we can buy back way cheaper than we sold. Then we hold until the excitement takes place. After 3 cycles it turned into a four fold gain. There's no guarantee that this will be repeated again.

I heard also, Leno and stockraider will make hostile takeover to privatize at 1.50.

I thought Sarawak purchase of Affin from LTAT was a done and dusted deal. Why BNM still not approve?

Insas, a name that whispers promise,
A value play, some investors entice.
But hold, dear friend, before you take the bait,
This siren song may lead to a bitter fate.

The price sits low, a number that enthralls,
A hidden gem, a bargain for all.
Yet stagnant waters, though alluring to the eye,
May hold unseen depths, where dreams can die.

Years tick by, the share price barely moves,
While others soar, a tale the market proves.
Is it a value, or a value trap so deep?
Where hopes descend, and fortunes fall asleep.

Think twice, dear friend, before you invest your trust,
In promises whispered, turning into dust.
For in the market's dance, a truth is plain to see,
Not all that glitters, is a gold

I think currently Insas has about 527 million Inari shares. Inari at say, 3.20 translates into RM1.6 billion.

@Sslee, I think if Insas cancelled the treasury shares then Thong would automatically trigger MGO. So, a waiver is still required.

@UncleFollower, my buy order at 1.03 only partially done 3k.

Eh UncleFollower, yesterday where got 300k done at 1.03?

Abang Jo cheapskate offering only RM2.40.