It tis. Disguised as a good stock becauuse of very strong fundamentals. Water fish like myself hoping for that surge as is ncessary for distribution. Remind us to sell then 😂

And Thong isn't even willing to trigger MGO at 1.30 1.40 1.50 1.60.

Ok. Looks like it's gonna be just like that today huh. And if tmr it goes back down, I continue sleeping and play other counters 😪

Referring to the I read a lot ya

Not Insas

Insas is no Buffett. If he was, he would have initiated a huge SBB. Buffett made shareholders rich, Insas...

Warren buffett.

And Tan Teng Boo paraphrased him many times everywhere, same same.

Ninja Van. How did you even know. Good researcher you

1,095,526,000. That's 95.526M more than a billion, which is around 14.5cents a share. Mind boggling.

@TheContrarian maybe still got hope. Low volume so it takes longer to churn so that chart has to extend for longer horizontally. It is the most unusual case for a fundamentally strong stock to explode this way and then just die down. Consolation it didnt really break below that 61.8% thing and has now bounced back. Mildly.

What if Insas does what it always does...invest and take a minority stake in something to do w data centre. Finish their cash on a minority stake. If they do that...I will follow MrSslee Bye Bye.

Insas share price wise, is such a sad case. Well, it will remain sad until it's not 😂

Maybe @MrSslee can make similar proposals for Insas in upcoming AGM

OCBC succumbed to the pressure of that individual investor w a series of proposals to slash board salaries

@TheContrarian, that's a very genuine good advice. I will try 😂

Were you all live to see the warrants move? There's a shifting huge seller queue as it moved up. When buyer bought out the 25-25.5c, the 26c SQ was 3M shares (30000 board lots). Then it shifted. Last Friday same.

I dont know what this means but obviously its function is to discourage buyers. So hopefully this means finally "they" are accumulating again. I have enough, tired of the low stagnant price. A bit of action is good lol

Unfortunate, because this one is an underperformer. Funded Insas with my MYEG sale, terrible choice. Speculated on Sendai made a little bit and then also channeled to Insas transferring the profits over thinking I am lowering my average to circa 90c. But look at Sendai today. Well. Well. Just have to swallow it. A series of silly mistakes shouldn't have started Insas lol

Mother share end Mar sold, mid Apr bought back and kept buying

WC kept buying down and controlled exposure

No intention to liquidate yet

WC at 22-23c was 1.13. Couldnt resist. It may be worthless, but I will just take it as having bought Insas at 1.13 by mistake and held for 2 years 😂

Unfortunately, I have much more now 😅

Agree. DNEX is clearly in play and not for 4 cents. Actually it has always been in play. Push up distribute all the way down and the flash crash in Jan. Now barring a broader market crash, it doesnt look like the right time to push it down again. Maybe it's a better time to push it up and distribute

And now he is watching carefully thinking why WC moved ahead of mother share since Friday whether this is real or distribution and thinking what is the consensus now for him to act in contrary 🤣

TheContrarian has a good understanding of corporate laws and exercise one of the more learned investors around eh

Suddenly so quiet hahahaha all dont dare to say anything scared it drop as quick as it rose right

Other than TKO, Brahmal is another with the resources to do something to Insas. As you said, can't raid it Thong and associates have control. But an activist investor he can be. Go go give Brahmal a call

Old old news.

In May 2022, DNeX and Foxconn inked a memorandum of understanding to set up a joint venture (JV) company to build and operate a new 12in wafer fabrication plant in Malaysia that is capable of producing up to 40,000 wafers per month in the 28nm and 40nm technology segment.

A month or two ago, DNeX resubmitted its proposal to build a US$1.5 billion wafer fabrication plant in Negeri Sembilan with Foxconn and Ajlan of Saudi Arabia. Syed Zainal says that the plan is to manufacture components for the EV industry.

Both Foxconn and Ajlan have EV aspirations.

“The project [building of a wafer fabrication plant] is very much being pursued. We have resubmitted our new proposal to the government. It will be focused on electric vehicles. Foxconn wants to position itself as a global electric vehicle component supplier, so, they (Foxconn) have already made a number of agreements with many companies, so to do that they need to secure the supply of microchip wafers. That’s where we come in. Saudi (Arabia) have also said they want to produce their own electric vehicles, so having access to semiconductor supply becomes very important.

“So we are investing with them (Foxconn and Ajlan) in Malaysia in a wafer foundry, on a specific technology meant for electric vehicles … this is what we have resubmitted to the government, in the last one or two months,” Syed Zainal says.

How this pans out remains to be seen.

How much is DNEX worth once confirm Foxconn Ajlan DNEX JV new wafer fab plant?

Given PMX's direction and ambitions, and DNEX's very Malaysian presence, any reason at all for Govt not to support this project?

Johor theme, and the one counter that has TMJ's direct ownership is valued at 80M. What??? 😅

Looking at what's happening at Ekovest, I think they will have no shame in delaying the proposal for another 3 motnhs come end-May, and another 3 months indefinitely is all possible...Playing with LKH we must be very patient

Someone is carefully managing the movement below 200MA now. Next consolidation phase 40-50c...drag 200MA lower and then it will cross it. 10cents for DNEX is a huge range to consolidate but I think it's possible, it will move that much up/down

My take...arbitration win, share go up, arbitration lose, share go up 😆

Actually most of us didnt even know they were shortlisted for the niise project until edge reported. So dont worry about the 1b lol

Interesting find thank you i3Broly

DNEX need to deliver on Foxconn new fab plant, it's 12" and make Msia proud. And DNEX is weathering semicon slowdown, when it turnsaround Silterra will make a lot. In Silterra we trust 😆

NIISE will certainly help sentiment but also smallish for DNEX

Oil will continue to be hit by UK's crazy levy for a while. Dont expect oil to be super profitable unless oil prices go super super. But Oil biz + strong balance sheet actually, will lend support to DNEX share price in terms of bottoming out. Oil's play in DNEX is for them to sign up more license more MOUs whatever, then spin it off w hugeee potential to Zainal Abidin separate listing

This proposal shows the plan is still on. They're clearing up for the merger. At today's price Knusford is RM81M only. Land sale is 28M and around 15M was it net of debts. Faint.

If anyone can get this done, next target do it to the Star too 😉

Resolution to propose increase in Div? No not meaningful. At this huge gap in valuation - any proposal should be to force a SBB followed by share cancellation. Or force a distribution of Inari shares, like MYEG-AGMO. Dividends is most useless when the gap is so wide

Then comes the big great push

DNEX sharks game plan is simple. Flatline the share at this low level. Flush out shareholders who lost patience, who stare at other counters flying while this one flatline. Matter of time before shareholders lose it and sell out for better buy.

@BursaV why say OTB left Yinson? Got notice of change in substantial shareholder?

Historically Yinson didn't hold too long at low levels. Every time I play Yinson I end up regretting selling too early lol

Both my mother share and warrants turned marginally green today...thanks to averaging down at 0.235. Now what. Hold cos good value? Run cos everyone uber negative? Buy cos chart turning up?

As recent as yesterday, I added another 75 lots. 50k @ 0.850 and 25k @ 0.865, I think. Lazy to check back. I will add add add until they proceed, OR call off the exercise..........

Actually Thong should really seek waiver for SBB.

It's good for him, more so than anyone else

To privatise insas is very unlikely. He will fail + we dont know if he has so much $ to buy it out. It can't be done at $2, it'll fail. Go higher means billions of cash required from him. He got?

So how can he consolidate his ownership without using his own pocket money? SBB

If he can consistently do SBB and cancel the treasuries his shareholding will go up without coming out with 1 cent!

Who did this previously? Francis Yeoh. If you were around, you would have seen that their shareholdings increased by a few % over the years without using a cent of their own money, merely cashflow from company to SBB. This was back when there's still such a thing called YTLP-WB. If only YTLP still got a W to play wahhhhhhhhhh

Low dividend good for warrant holders, less dilutive lol.

And higher dividend will not help share price when higher doesnt mean high. High yield on high debt is disaster, will be bad for share price.

The Lims are in such an envious position. In a few years time, their cashflow will be so amazing can do wonders

@Contrarian I used to have 100 lots each from 1.07 to 0.990. Then it started matching and it didnt feel right + you all so bearish so I sold when it went up 2 bids and requeue lower. Everytime it comes near to my BQ I cancel again and go lower lollll kecut

Yesterday 100 lots hit at BQ 1.03. I figured that was it, already some small savings from 1.07 ma so when it turned SQ I took another 200 at SQ. That your buy order wasnt fully filled means you have placed the order after SQ became BQ. Ohhhhh bro this means you are silently bullish at 1.03 😆😆😆

A bit difficult to add now. It's not good if it keeps coming down and we keep buying. I hope I have the discipline to holddddd now and buy more on the way up


TheContrarian

@UncleFollower, my buy order at 1.03 only partially done 3k.

1 hour ago

@Tatooine if we have activist investors, big times one + SS Lee, then nevermind his silent majority control, the figure is too big for it to bulldoze its way through like the 2nd liners...Inari is glaring. The cash in hand is glaring. I actually dont mind being locked up now...than 80 cents years ago because that 2-3 years wait would be more painful than now - at least we have seen some volume, at least warrants is active...who knows what comes next. Lock it up!!!

@Contrarian or you thinking I said 300k x 100 lots = 30M shares. I thank you see me so up ya

@Contrarian your internet not refreshing ah 🤣



TheContrarian

Eh UncleFollower, yesterday where got 300k done at 1.03?

6 minutes ago

Consolidated profit after tax
The Group’s profit after tax increased by RM554 million or 94% to RM1,142 million as compared to
RM588 million for the corresponding financial year ended 31 January 2023. The increase was
mainly due to the higher contribution from the Group’s EPCIC business activities and fresh
contribution from FPSO Anna Nery’s operations since first oil was achieved on 7 May 2023, as
deliberated in the “Offshore Production & Offshore Marine” section above, which were partially offset
by the following:
• Increase in administrative expenses of RM53 million, mainly arising from higher operational
overheads incurred to drive the future growth of the Group;
• Increase in finance costs of RM386 million, mainly arising from the higher drawdowns of the
project financing facilities for FPSO Anna Nery, FPSO Maria Quitéria and FPSO Agogo to
fund the EPCIC business activities in the current financial year;
• Increase in tax expenses of RM286 million, which was in line with the higher contribution from
EPCIC business activities in the current financial year





OTB

Posted by rl68 > 1 hour ago | Report Abuse

@OTB, please share 3 keys insights from meeting the management of Yinson. Tq.
---------------------
Please read all my postings, I have covered all.
My portfolio on Yinson is a small one, I invest in Yinson because of strong fundamental and a growth stock.
Yinson is a very good investment for long term.
Strong cash flow will happen in FY 2027.
PAT will be > 1 billion after FY 2025.
Debt will be reduced after deliveries of FPSO vessels of Atlanta, Maria Quiteria and Agogo.
Thank you.

15 minutes ago