Bought at 50 sen.

Below RM1 IBs cannot buy.

For Insas to do SBB Thong has to sell just like in Tropicana where Danny Tan has to sell.

Yup, trend is down.

Still holding.

Mr Sslee, Insas can't do SBB because it will trigger Thong's MGO obligation.

Bought at 24.5 sen.

Insas below RM1 IBs cannot buy.

Leno will migrate to Christmas Island instead. :-)

QR out, looks ok and there's dividend. The Kraken will rise from the depths.

Reach starting to move up

Leno already cashed out WC at 44.5 sen.

No, thank you.

People who bought at 0.80-1.00 had the opportunity to average down their cost by buying below 0.60.

SBB will benefit those who dare to buy below 60 sen.

Below 60 sen was a bargain buy.

If scared don't invest in shares, stick to FD.

Johnzhang, thank you. Hope I made the right decision. Didn't have funds to invest earlier.

You mean those WW1 German helmets with a pointy spike?

SBB was done from 58.5 to 62 sen. Which silly people bought until 63.5 sen?

Memang betul.

Race of the century : Insas moving like kura-kura.

I always buy during downtrend.

Bought for the first time at 1.40.

Come buy Rubberex.

Why would the Kraken have a helmet other than for his head?

With or without helmet the Kraken doesn't look attractive to any virgin.

Eventually the margin call forced selling will run out and that's the time price will climb.

Those people who buy from today can't vote and those who sell from today can vote.

We must insist that the Kraken wears a safety helmet.

The reason price couldn't stay up is obviously due to continued margin call forced selling.

Way back 6 months ago in April the controlling shareholder sold over 100 million shares at prices above RM1.40. There has been no disclosure of the buyers. Are the buyers' shares been forced sold recently?

Kraken has woken up from coma.

Why Leno didn't cash out Insas-WC at 49.5 sen?

Added at 58.5 sen.

Possibly large number of proxy forms has been received voting against the SCR?

Already bought at 44.5 sen two days ago.

It will rally again.

You must sell partially when it rallies, then when price retreat, can buy back lower.

Bought at 69.5 sen.

Leno, you didn't cash out your WC at 49.5 sen?

You are welcome but don't put all your money into one counter. Diversify into a portfolio of 15 to 20 counters.

Hahaha, no way can overtake Rubberex.

SBB done at a price below NTA will enhance the NTA for the remaining shareholders. The BOD/Management was very patient waiting for the price to drop to below 60 sen before starting to do the SBB. As the Company has lots of cash it can do the SBB in the sustainable manner, buying at 6-8 million shares daily. The Company can buy up to slightly above 90 million shares. A sustainable SBB would mean price will tend upwards. Margin calls will ease, forced selling will ease, short sellers will have to cover their short position.

What I say or think doesn't matter. It's what you think and believe.

It's the best move.

Wow! The Godmother of Aussie Mafia !

Leno got gang?

Rubberex has lots of cash to do SBB and will probably go on buying back shares everyday until price goes above 80 sen at least. Short sellers gonna incur huge losses if they don't cover their short position.

Expansion plans can always be scaled back and the excess money raised from the private placement can be used for share buy back.