There's a list of top 30 shareholders in the Annual Reports. Yippy68, are you there?

Bought back Affin at 2.40.

@UncleFollower, not planning to buy back Insas ...... yet. Don't want to get trapped.

If Surin senses that he will not get the 75% acceptance he might revise upwards the offer price but this need to be done BEFORE the EGM convened to vote for the SCR.

SCR offer price can be revised, that's why I say you minorites need to group together and appoint your spokesman and engage Surin.

SCR is different from MGO. Market price in a SCR will not go above offer price because if SCR succeeds then the Company is privatized and delisted. In a MGO the offerer may choose to retain listing.

@UncleFollower, buy back what? I am not following.

Do note that in a SCR if 75% accept the offer of RM1.70 then all of the minority shareholders' shares are automatically acquired. Means you vote No also you lose your shares at RM1.70 UNLESS 10% voted No.

@MrSslee, there's interesting development at MPHBCap where Surin attempts to privatize the Company via SCR which requires 75% acceptance and not more than 10% opposing.

Posted by Johnzhang > 41 minutes ago | Report Abuse

Kaya, log in to the remote AGM tomorrow and show your displeasure. I am going to do that .

Dear John, if you want to fight for a higher price, then form a group of shareholders to act as one voice to negotiate with Surin. If you can gather a group of shareholders with 44 million shares then collectively this group of shareholders can make or break the offer.

Dear John, a SCR requires 75% acceptance and not more than 10% opposing. If 10% of the minorites oppose the SCR then it is off. So the chance of a higher revised offer is possible.

Insas has cash over RM1,000,000,000. Microlink loss RM25,000,000 no worries. If Insas sells 7.5 million Inari shares at RM3.40 already more than RM25 million in sales proceeds. Insas selling at 80% discount, hurry and buy.

Don't get trapped in Insas.

Today YTLPower MGO of Ranhill at 99.5 sen per share. In February 2026 Thong MGO of Insas at 90 sen per share?

@UncleFollower, I am past that age speculating in loss making stocks.

@speakup, got male thong also.

Still got people praising Thong, worshipping him, calling him Warren Buffett ........ 🤣🤣🤣

Insas would have been PN17 if not for Inari.

Ninja Van Malaysia’s Singapore-based parent company Ninja Logistics Pte Ltd (Ninja Van Group) has raised US$976.5 million in the 10 years since its establishment. Investors include Singapore-based tech venture capital firm Monk’s Hill Ventures, Insas Bhd, DPDgroup (Europe’s largest parcel delivery network), China’s Alibaba Group Holding Ltd, B Capital Group Management LP and ride-hailing firm Grab Holdings Inc.

Insas also has OCBC Bank shares and Ninja Van.

Investing in Insas shares is as safe as putting money in FD in a bank. Insas has over RM1,000,000,000 cash and over 500,000,000 Inari shares, cannot go bankrupt one. Last month I bought Insas at 1.03 and this week I sold at 1.11 giving a 7% gain in one month. You put money in FD one year interest also cannot get 7%.

Yesterday Insas at 1.08 was selling at 80% discount. Today at the end of the day Insas at 1.04 with Inari closing 0.21 up, is selling at 85% discount. Insas getting cheaper, don't forget to buy next Monday.

QR out.

Oh, wasn't aware of that. Have not been interested in ICap.

But ICap hardly ever pays any dividend.

Today which brainless person sold Insas at 1.04?

Leno's return next week has been postponed indefinitely, hahaha. 🤣

This is exactly why Insas is a value trap.

Insas market price movement NEVER follows Inari. For over 8 years already I have observed.

With current bullish sentiment in the local stock market there are other stocks that will probably give greater gains.

Now the sharks are stuck with 1.9 million shares bought from MrSslee and are trying to unload to water fish. 🤣

At least MrSslee benefited substantially from selling 1.9 million Insas shares in January.

Posted by UncleFollower > 50 minutes ago | Report Abuse

If only Insas has sophisticated investors like those in Great Eastern or Isetan...

If only Bursa has activist investors like Bill Ackman or raiders like Carl Icahn...

Then you and I have no chance to buy Insas at this price ever.

We have one here : MrSslee, he tried hard at every AGM, got the annual dividend increased from 1 sen to 2.5 sen. Even scared the shit out of Thong until he unexpectedly resigned as Director.

Posted by UncleFollower > 46 minutes ago | Report Abuse

The knee jerk reaction this morning

The recovery now

There's relative strenght in Insas now. Looks like it's gathering strength to break above $1.10

This is because overall sentiment in the local stock market is still bullish. Insas not likely to dip below RM1 even if Dow Jones falls again tonight.

I made so so gain only on SYF. Cashed out before the special dividend and return of capital.

The only people who speaks well of Thong are those people who are stuck with Insas bought at high prices. They speak fondly of Thong to hook wink water fish to buy Insas so that they themselves could later sell and recover their losses. They would shamelessly promote Insas.

Posted by Tatooine > 11 hours ago | Report Abuse

Even M&A listing was a con, syf shareholders were well rewarded with a special dividend, Insas shareholders as usual nothing. Dato Chee a good friend of Thongs was a substantial shareholder and made a lot of money … again I am sure thong also got rewarded. Then Chee appear at inari but then quickly stepped down, then at Ho hip, since 2021 on microlink board… Thong and friends get rich insas shareholders don’t !!!

Tatooine has clearly shown that Thong does not give a damn to minorities. Stockbroking is Insas original core business. And yet minority shareholders, some who have probably held Insas shares for over 15 years did not receive any distribution of M&A shares.

AI will say Insas is the most undervalued stock, hahaha.

Affin price will not likely to dip below 2.40 because that's the minimum price LTAT selling to Sarawak.

The best time to buy Insas has been when daily volume is low, when it is been ignored.

Insas is classic case of value trap, most buy thinking they found a deeply undervalued winner but ended up trapped unable to sell for a gain.

Previous one.

Tomorrow remember to buy Insas. Insas is selling at 80% discount. Can make 4 fold gain.

Inari has policy to pay out dividend every quarter.

Don't panic, Insas still has RM1,160,000,000 cash.

Insas sum of parts 1+1+1+1 = 1

KLSE sentiment so good, very hard for Insas to drop to 80.5 sen.

May 22 — Sarawak Premier Tan Sri Abang Johari Openg today said that European Union (EU) countries have indicated their interest to set up an EU bank in Sarawak to provide a source of funding for green investments in the state.

🤣🤣🤣

Believe me, it's possible to make a four fold gain on Insas.

If you buy Insas tomorrow at 1.08 and later sell at 5.40 you will make a gain of 4.32, a four fold gain.