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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2 months ago | Report Abuse
I don't think MAA will declare any dividend as punishment to the minority shareholders for opposing the major shareholders attempt to privatize it at 1.10.
2 months ago | Report Abuse
I am not a MAA share promoter, I merely like MAA better than Insas at this moment.
2 months ago | Report Abuse
I have planned to start buying back Insas next month but MAA now looking more of a better prospect. Insas can wait, MAA on Monday.
2 months ago | Report Abuse
again?
TheContrarian
8,646 posts
Posted by TheContrarian > 2024-01-18 18:09 | Report Abuse
Bought at 35 sen today.
TheContrarian
8,646 posts
Posted by TheContrarian > 2024-01-19 10:33 | Report Abuse
Bought at 34 sen today
On the first trading day in January Kuchai went limit up and I sold off all at 1.62 netting over 30% gain, used the proceeds to buy 100,000 MAA shares at 34 to 35 sen.
2 months ago | Report Abuse
Posted by dompeilee > 1 day ago | Report Abuse
Bought more MAA @ 38.5c, going above 10,000 shrs for the 1st time since 2012!
Ten thousand shares? Yesterday I sold 24,000 shares , still have balance 97,100 shares.
2 months ago | Report Abuse
Posted by dompeilee > 2023-11-16 17:01 | Report Abuse
Dripped more $ into MAA @ the 44.5c close...🤗 Pity those who chased @ 60c or higher & had to CUT, but if they chose to hold, they would be guaranteed to make $ within the next year at the very latest
Pity those who bought at 44.5 sen.
2 months ago | Report Abuse
Sold a small portion at 9.54 am yesterday. What's the price at 9.54 am?
2 months ago | Report Abuse
Took some profits at 40.5 sen in the morning before the announcement.
2 months ago | Report Abuse
That time I exited MAA at around 1.04 or 1.06, sold all in one go. My average cost around 60 sen.
2 months ago | Report Abuse
Posted by TheContrarian > 2 weeks ago | Report Abuse
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.
MAA to fly?
2 months ago | Report Abuse
The total gain is RM29 million and will enhance MAA's EPS by 11 sen.
2 months ago | Report Abuse
Breaking news : MAA sold off all its interest in Turiya for 40 sen per share making a gain of 22 sen per share.
2 months ago | Report Abuse
Comes February 2026, Insas share price hovers around 90 sen, Thong buys all warrants off the market including those held by Leno for 1 sen.
2 months ago | Report Abuse
If I had first bought Insas 20 years ago I would have surely made more than 4 fold gain, maybe 10 fold gain, hahaha.
2 months ago | Report Abuse
If Insas share price continues to drift, the warrant price will follow and as time goes, the warrant premium will narrow. Thong can take his sweet time to grab the warrants.
2 months ago | Report Abuse
@MrSslee, exactly, Thong can't simply do a MGO, if he fails, he has to sit out a year. His end game could be to exercise all his warrants in February 2026. If Thong buys more warrants from the market he need not announce it as he is no longer director. So, if he slowly accumulates the warrants no one would be aware until they publish the next Annual Report.
2 months ago | Report Abuse
What's this debate about? That Thong hasn't done anything in the interest of the minority shareholders of Insas? Doesn't matter, at a certain entry price level Insas is a value buy, at other entry price level Insas would be a value trap.
2 months ago | Report Abuse
Posted by Sslee > 2 hours ago | Report Abuse
Insas % holding in Inari has been diluted due to ESOS and PP.
Although Insas' interest in Inari was diluted, the very high private placement price of RM3.10 increased the NTA of Inari and benefited Insas.
2 months ago | Report Abuse
8 years ago Thong and PAC already held close to 33% in Insas and there has been no changes since. 8 years ago how much Inari did Thong personally held? How much does he still hold?
2 months ago | Report Abuse
A person who bought Inari shares 8 years ago and hasn't sold would have made an 8 fold gain or roughly 100% annually.
2 months ago | Report Abuse
In the past 8 years Inari gave bonus shares twice , a 1 for 1 bonus issue in 2017 and a 1 for 2 bonus issue in 2018. So 1 Inari shares 8 years ago, then trading at around one ringgit has become 3 shares at 3.06 today.
2 months ago | Report Abuse
Eight years ago when I first bought into Insas, it was hovering around 65 sen and Inari at that time around one ringgit. After 8 years Insas is today at 1.02 while Inari at 3.06.
2 months ago | Report Abuse
The AGM was chaired by the Chairman of Affin Bank Berhad, YBhg. Dato' Agil Natt, with the Board of Directors and President & Group Chief Executive Officer, YBhg. Datuk Wan Razly Abdullah in attendance.
Chairman thanked all the investors, customers, and other stakeholders for their continued support in enabling the Group to deliver excellent performance consistently. He also thanked the employees for their hard work, professionalism, and commitment. AFFIN Group will remain focused on providing profitable and sustainable growth and will grow to become a Modern and Progressive Bank.
2 months ago | Report Abuse
Posted by Sslee > 4 hours ago | Report Abuse
This coming quarter end 31/3/2024 very interesting to check what will be the disposal gain on 10 million inari and 100 million M&A share.
Insas has sold sufficient amount of Inari and M & A shares to report a nice lovely EPS.
2 months ago | Report Abuse
Insas sells Inari merely to manipulate its quarterly results.
2 months ago | Report Abuse
The Board of Insas comprised of puppets and Thong is the puppet master.
2 months ago | Report Abuse
Increased people get to share Insas cash hoard.
2 months ago | Report Abuse
There's no tussle, buyer and seller is the same person.
2 months ago | Report Abuse
It will cost Tong probably twice his cost in Star to build a 5% stake in Insas.
2 months ago | Report Abuse
Needs to buy 35 million shares to become substantial shareholder.
2 months ago | Report Abuse
Tong is boss of The Edge, Thong is boss of Insas.
2 months ago | Report Abuse
It's sad to see the forum here gone totally cold. Made some money from Pensonic here back in September 2023.
2 months ago | Report Abuse
Thong smart, he ensured Insas haram so EPF or KWAP can't buy Insas.
2 months ago | Report Abuse
Mr Sslee is asking why funds buy Inari via private placement rather than making a hostile takeover of Insas.
Stock: [AFFIN]: AFFIN BANK BERHAD
2 months ago | Report Abuse
Affin is consolidating too long, there's no clear direction going up or going down.