Facebook is back, Dow Jones should recover.

Facebook has crashed! Dow Jones now 240 points down.

Dow Jones Index down 200 points, Facebook also down. Waterfall coming.

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 golden jubilee.

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 golden jubilee.

Got someone exercised on the warrants! Insas number of shares has increased.

While bulls they charge, with horns held bold,
Contrarian whispers, "Soon, the story's told."
Fundamentals strained, a tapestry thin,
A crash awaits, where profits won't win.

He hears the cheers, the laughter light,
But sees the cracks beneath the market's might.
Technicals whisper, charts in disarray,
A downward spiral not far away.

The market's heart, a creature wild,
Can shift and turn, a fickle child.
But Contrarian stands, with calm resolve,
For in his mind, the future does evolve.

So let them scoff, their voices loud and clear,
He holds his ground, with wisdom and no fear.
Contrarian's path, a lonely quest,
To see the market humbled, put to the test.

He waits and watches, with a patient heart,
For when correction tears the world apart.
Though some may doubt, and some may fall,
Contrarian's vision will see him through it all

Don't be greedy and hold until RM60.

There's a foolproof way of becoming a millionaire. Buy 20,000 shares of Insas now and ......... hold until price reaches RM59 before selling all.

I wish to disclose that I still have one Insas share which I will not sell until Insas reaches 60 ringgit.

If the market is a weighing machine Insas would trade at 60 ringgit, hahaha.

Here's a related quote from one of Graham's books on this subject:

the market is not a weighing machine, on which the value of each issue is recorded by an exact and impersonal mechanism, in accordance with its specific qualities. Rather should we say that the market is a voting machine, where on countless individuals register choices which are the product partly of reason and partly of emotion.[1]


With respect to Graham saying "in the long run it is a weighing machine," I did an ebook search of Security Analysis and The Intelligent Investor, and the quote is not present in those books. Some say that Warren Buffett said that Graham said this.

If Mr Neoh says don't be greedy, take profits and you choose to ignore then you are not learning to be a good investor.

You can only learn something if you really want to learn.

Learn from Neoh Soon Kean.

This is a classic case of a value trap where you have just several days window period to sell near the peak.

If one were to check back Insas uptrend only ran for 9 trading days and then went sideways until release of quarterly results and upon release it went downhill and continues to do so.

@Income, most people think themselves smartest.

Leno doesn't buy Insas, she load up more Insas-WC.

When Insas goes below 90 sen Insas-WC will be out of money.

Latest news is that Quek's Bank of East Asia wants to sell Affin.

@xiaoeh, secret codes.

0151-WB not 0151.

If you own shares in the Berjaya group of companies you get free Starbucks once a year.

3379 is even better, one day will hit 60 ringgit.

If I had bought at 40 sen then my gain would have been greater than four fold.

When Insas crashed to below 40 sen in March 2020 I didn't have cash to buy, and since then I always set aside cash for such opportunity if it should ever happen again.

After correction, sideways for awhile.

Thought Sarawak purchase of Affin from LTAT already a done deal pending formality. Already March still no announcement?

Reminder to Mr Sslee, correction middle of next week.

So many of you people! Who is who actually?

If Jaks price keeps dropping Mikecyc will vanish like the cat.

EPF buying back BIMB.

Not yet bottom.

Back in mid-January Ah Tong sold Maybank at 9.06 to buy Insas-WC at 0.42. Today Maybank closed at 9.60 and Insas-WC at 0.265. Don't be like Ah Tong

Why Insas closed red again?

Wow, 2.59.

Forum so quiet, no promoters, no Mikecyc.

Tong bought Insas-WC because he thought someone was making an hostile takeover but everyone else thought Tong was the one making a hostile takeover. So amusing.

Tong submitted his portfolio report as follows : based on Insas closing price of 1.09 he makes an unrealized gain of RM39,016 (Insas price has closed at 1.07 on Friday) and based on Insas-WC price of 0.28 he has an unrealized loss of RM18,461. Buying Insas-WC at 0.42 was probably Tong's dumbest decision.

Last time price was 1.04 was on 15 January, am I not right?

Insas broke through RM1 on 12th January, a Friday in the last half an hour of trading, closing at 99.5 sen. The following Monday, 15th January Insas rallied to close at RM1.20. Anyone who bought on that day and didn't sell to take profit or cut loss is now probably trapped as Insas closed RM1.07 last Friday.

Rabbit 2 years, turtle (or is it tortoise) 200 years ..... what about a cat trapped in Insas for 15 years?

Insas isn't the only undervalued counter trading far below its NTA. There are hundreds others. Affin Bank has a NTA of RM4.70 and at one stage last year or the year before it fell to around RM1.50. A bank selling for 1/3 its NTA! But nobody wanted to buy except me and one other person. Actually I made higher gain in Affin last month than I did in Insas. Bargain price isn't only in Insas. Seek them and you will find.

How will Insas perform tomorrow? Will it open gap up and speed to reach limit up level? After all Insas is so deeply undervalued. Maybe someone has decided to do a hostile takeover. Hahahahahaha.

I remember during 2nd day of CNY there were 3 people who heavily promoted Insas writing such long comments. Second day of CNY those 3 people don't have a life? Must be very lonely people who only talk cock on Insas. Now CNY over those 3 people suddenly vanished.

The vegetable raider also gone missing.

Nothing good about KPS, I buy in case suddenly they announce to take it private.

I doubt whether cat will return, she will probably get a new ID.

Reminder to Mr Sslee, correction probably in mid-March.