I buy when the majority are selling, I watch when the majority are buying, I sell when the majority are getting excited!
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2024-06-04 22:57 | Report Abuse
Leno still stuck in Insas until dare not show herself. 🤣🤣🤣
2024-06-04 20:14 | Report Abuse
MPHB where got warrants? Hahaha 🤣🤣🤣
2024-05-31 18:24 | Report Abuse
QR finally out, unexpected RM51 million charge of incentives to reward employees!
2024-05-31 17:33 | Report Abuse
Maybe there will be an announcement tonight : Sarawak buys 20% of Affin from Boustead at RM2.60 per share.
2024-05-31 17:31 | Report Abuse
Which brainless person sold Insas at 1.03?
2024-05-31 10:15 | Report Abuse
@John, need to be diplomatic to engage Surin.
2024-05-30 22:47 | Report Abuse
Why people don't wait until 60 ringgit before selling?
2024-05-30 22:43 | Report Abuse
@Opportunate, the SCR will be frustrated if around 40 million shares vote against it.
2024-05-30 17:30 | Report Abuse
I wish to disclose that after having sold at RM1.11 on 20th May I no longer has any share in Insas. However, I may buy tomorrow or next week or if price falls below RM1 ....... or I may never buy Insas again.
2024-05-29 18:21 | Report Abuse
May is coming to an end soon. Leno now trapped in Insas 15 years and 4 months.
2024-05-29 18:06 | Report Abuse
There's a list of top 30 shareholders in the Annual Reports. Yippy68, are you there?
2024-05-29 11:48 | Report Abuse
@UncleFollower, not planning to buy back Insas ...... yet. Don't want to get trapped.
2024-05-29 11:25 | Report Abuse
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.
2024-05-29 11:22 | Report Abuse
SCR offer price can be revised, that's why I say you minorites need to group together and appoint your spokesman and engage Surin.
2024-05-29 10:42 | Report Abuse
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.
2024-05-29 10:36 | Report Abuse
@UncleFollower, buy back what? I am not following.
2024-05-28 22:53 | Report Abuse
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.
2024-05-28 22:23 | Report Abuse
@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.
2024-05-28 22:15 | Report Abuse
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.
2024-05-28 22:01 | Report Abuse
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.
2024-05-28 20:54 | Report Abuse
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.
2024-05-28 14:16 | Report Abuse
Today YTLPower MGO of Ranhill at 99.5 sen per share. In February 2026 Thong MGO of Insas at 90 sen per share?
2024-05-25 18:49 | Report Abuse
@UncleFollower, I am past that age speculating in loss making stocks.
2024-05-24 22:58 | Report Abuse
Still got people praising Thong, worshipping him, calling him Warren Buffett ........ 🤣🤣🤣
2024-05-24 22:21 | Report Abuse
Insas would have been PN17 if not for Inari.
2024-05-24 18:58 | Report Abuse
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.
2024-05-24 18:57 | Report Abuse
Insas also has OCBC Bank shares and Ninja Van.
2024-05-24 18:51 | Report Abuse
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%.
2024-05-24 18:27 | Report Abuse
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.
2024-05-24 17:55 | Report Abuse
Oh, wasn't aware of that. Have not been interested in ICap.
2024-05-24 17:43 | Report Abuse
Today which brainless person sold Insas at 1.04?
2024-05-24 17:42 | Report Abuse
Leno's return next week has been postponed indefinitely, hahaha. 🤣
2024-05-24 17:37 | Report Abuse
This is exactly why Insas is a value trap.
2024-05-24 17:33 | Report Abuse
Insas market price movement NEVER follows Inari. For over 8 years already I have observed.
2024-05-24 12:55 | Report Abuse
With current bullish sentiment in the local stock market there are other stocks that will probably give greater gains.
2024-05-24 12:25 | Report Abuse
Now the sharks are stuck with 1.9 million shares bought from MrSslee and are trying to unload to water fish. 🤣
2024-05-24 12:24 | Report Abuse
At least MrSslee benefited substantially from selling 1.9 million Insas shares in January.
2024-05-24 12:22 | Report Abuse
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.
2024-05-24 12:16 | Report Abuse
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.
2024-05-24 12:15 | Report Abuse
I made so so gain only on SYF. Cashed out before the special dividend and return of capital.
2024-05-24 11:19 | Report Abuse
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.
2024-05-24 11:15 | Report Abuse
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.
Stock: [MYCRON]: MYCRON STEEL BHD
2024-06-04 23:11 | Report Abuse
Mycron rallying hopefully.