The kenanga article of valuing Affinbank at absurb Rm 1.90 has ulterior motive of depressing Affin price loh!

U ask yourself who is the biggest shareholders of Kenanga......answer Swk Govt loh!
Thus valuing affin bank serve the Swk Govt objective thus Kenanga valuation unreliable mah!

Put it this way loh!
.Affin has this financial info per share loh!

1. NTA Rm 4.70
2. EPS Rm 0.24
3. Div per share Rm 0.125.

Thus if u r the acquiring party taking a controlling block, it is far u pay a reasonable attractive price for Affin which is price to book value of at least 0.7x which work out to Rm 3.30.

Thus PE of affinbank around 13.7x.
Div yield 3.8%

As Affin bank is acquired at a discount of Rm 3.30, what need to do is to improve the current ROE of Affin of 4.6% to 7.5% and that will improve the eps of affin bank from rm 0.24 to Rm 0.39 loh!

With Eps of 39 sen....that will more than justify the acquisition price of Rm 3.30 at pe 8,5x loh!

So worth it for potential acquirer loh!

If u do not believe in VT, u must believe in batik man, he has the aptitude to see what is value mah!

Posted by stockraider > 1 hour ago | Report Abuse

Bjland technical is strong upside mah!

Just hang on bjland for the next 28 days, it will fly up high loh!

Always Remember Batikman has been a CEO of Bjcorp for more than 1 yr & his view is that Bjcorp & Bjland is worth above Rm 10,00 per share mah!

Now surely this reputable fund manager (batikman} which has very good track record that u can rely on loh, thus if your target is modest rm 1.00 surely this is attainable loh!

At modest price of Rm 1.00 target which is 10% of Rm 10.00 intrinsic value.....U can hit a potential gain of more than 200% loh!

If insider so brave...........this is very positive sign mah!

Whether u r an investor, speculator or gambler....u must learn from this Good Song by Kenny Rogers loh!

If u gonna to play the game, u gotta learn to play it right.

"U got to know when to hold them.
Know when to fold them.
Know when to walk away
Know when to run
Know when to runaway
Know when to keep
Cause every hand is a winner
And every hand is a loser"

For investor the emergence of prominent tycoon investor Tong Kooi Ong n his valuation of Insas Rm 4.33 is an indication of Insas fair value , is a sign u should keep insas & not to runaway loh!

Lu tau boh ?!

Posted by Sslee > 19 minutes ago | Report Abuse

The only reason to buy or sell is to make money. Else why are you in Bursa the biggest casino in Malaysia

Whether u r an investor, speculator or gambler....u must learn from this Good Song by Kenny Rogers loh!

If u gonna to play the game, u gotta learn to play it right.

"U got to know when to hold them.
Know when to fold them.
Know when to walk away
Know when to run
Know when to runaway
Know when to keep
Cause every hand is a winner
And every hand is a loser"

For investor the emergence of prominent tycoon investor Tong Kooi Ong n his valuation of Insas Rm 4.33 is an indication of Insas fair value , is a sign u should keep insas & not to runaway loh!

Lu tau boh ?!

Posted by Sslee > 19 minutes ago | Report Abuse

The only reason to buy or sell is to make money. Else why are you in Bursa the biggest casino in Malaysia

Whether u r an investor, speculator or gambler....u must learn from this Good Song by Kenny Rogers loh!

If u gonna to play the game, u gotta learn to play it right.

"U got to know when to hold them.
Know when to fold them.
Know when to walk away
Know when to run
Know when to runaway
Know when to keep
Cause every hand is a winner
And every hand is a loser"

For investor the emergence of prominent tycoon investor Tong Kooi Ong n his valuation of Insas Rm 4.33 is an indication of Insas fair value , is a sign u should keep insas & not to runaway loh!

Lu tau boh ?!

Posted by Sslee > 19 minutes ago | Report Abuse

The only reason to buy or sell is to make money. Else why are you in Bursa the biggest casino in Malaysia?

Those investing in Oriental cannot go wrong loh!

The profits & div is good mah!

Better avoid govt stock loh!
As you know Anwar is very socialist, he will make use of Govt GLC to support subsidy & contribute higher than required salary to push up wages of the country loh!

Thus this will result in less productivity & higher cost loh!

Bjland technical is strong upside mah!

Just hang on bjland for the next 28 days, it will fly up high loh!

Always Remember Batikman has been a CEO of Bjcorp for more than 1 yr & his view is that Bjcorp & Bjland is worth above Rm 10,00 per share mah!

Now surely this reputable fund manager (batikman} which has very good track record that u can rely on loh, thus if your target is modest rm 1.00 surely this is attainable loh!

For the past few wks kseng upside strong loh!
This stock can easily worth more than Rm 7.00 loh!

The disposal of kuchai lama land will bring alot of profits for ajinomoto , this will mean rerating of ajinomoto share price & good special dividend coming mah!

Alot of Insas value investors sifu after holding so long have dispose a sizeable of their holdings, R they right in disposing so soon leh ?

Ans; As a value investor selling so soon is wrong loh! As our master sifu Tong Kooi Ong had indicated a conservative fair value of Rm 4.33, thus selling at Rm 1.30 & below is a wrong decision loh! Surely u can safely hold on insas longer & sell it at 50% fair value that is roughly Rm 2.15 per share mah!

The only justifications of selling insas prematurely at Rm 1.30 & below is just to buy insurance loh! In which alot of sellers did that loh!
But after selling enough to buy adequate insurance, it is time u hang on to your remaining insas for higher target above Rm 2.15 loh!

Forget of all the naysayers shouting value traps lah! This lah! That lah!

Just have convictions & believe in the proven facts that insas worth alot of monies above Rm 4.33 loh!

Thats how value investors become damn rich loh!

Technically very strong up thrust loh!

Alot of Insas value investors sifu after holding so long have dispose a sizeable of their holdings, R they right in disposing so soon leh ?

Ans; As a value investor selling so soon is wrong loh! As our master sifu Tong Kooi Ong had indicated a conservative fair value of Rm 4.33, thus selling at Rm 1.30 & below is a wrong decision loh! Surely u can safely hold on insas longer & sell it at 50% fair value that is roughly Rm 2.15 per share mah!

The only justifications of selling insas prematurely at Rm 1.30 & below is just to buy insurance loh! In which alot of sellers did that loh!
But after selling enough to buy adequate insurance, it is time u hang on to your remaining insas for higher target above Rm 2.15 loh!

Forget of all the naysayers shouting value traps lah! This lah! That lah!

Just have convictions & believe in the proven facts that insas worth alot of monies above Rm 4.33 loh!

Thats how value investors become damn rich loh!

Alot of Insas value investors sifu after holding so long have dispose a sizeable of their holdings, R they right in disposing so soon leh ?

Ans; As a value investor selling so soon is wrong loh! As our master sifu Tong Kooi Ong had indicated a conservative fair value of Rm 4.33, thus selling at Rm 1.30 & below is a wrong decision loh! Surely u can safely hold on insas longer & sell it at 50% fair value that is roughly Rm 2.15 per share mah!

The only justifications of selling insas prematurely at Rm 1.30 & below is just to buy insurance loh! In which alot of sellers did that loh!
But after selling enough to buy adequate insurance, it is time u hang on to your remaining insas for higher target above Rm 2.15 loh!

Forget of all the naysayers shouting value traps lah! This lah! That lah!

Just have convictions & believe in the proven facts that insas worth alot of monies above Rm 4.33 loh!

Thats how value investors become damn rich loh!

Alot of Insas value investors sifu after holding so long have dispose a sizeable of their holdings, R they right in disposing so soon leh ?

Ans; As a value investor selling so soon is wrong loh! As our master sifu Tong Kooi Ong had indicated a conservative fair value of Rm 4.33, thus selling at Rm 1.30 & below is a wrong decision loh! Surely u can safely hold on insas longer & sell it at 50% fair value that is roughly Rm 2.15 per share mah!

The only justifications of selling insas prematurely at Rm 1.30 & below is just to buy insurance loh! In which alot of sellers did that loh!
But after selling enough to buy adequate insurance, it is time u hang on to your remaining insas for higher target above Rm 2.15 loh!

Forget of all the naysayers shouting value traps lah! This lah! That lah!

Just have convictions & believe in the proven facts that insas worth alot of monies above Rm 4.33 loh!

Thats how value investors become damn rich loh!

Alot of Insas value investors sifu after holding so long have dispose a sizeable of their holdings, R they right in disposing so soon leh ?

Ans; As a value investor selling so soon is wrong loh! As our master sifu Tong Kooi Ong had indicated a conservative fair value of Rm 4.33, thus selling at Rm 1.30 & below is a wrong decision loh! Surely u can safely hold on insas longer & sell it at 50% fair value that is roughly Rm 2.15 per share mah!

The only justifications of selling insas prematurely at Rm 1.30 & below is just to buy insurance loh! In which alot of sellers did that loh!
But after selling enough to buy adequate insurance, it is time u hang on to your remaining insas for higher target above Rm 2.15 loh!

Forget of all the naysayers shouting value traps lah! This lah! That lah!

Just have convictions & believe in the proven facts that insas worth alot of monies above Rm 4.33 loh!

Thats how value investors become damn rich loh!

Correctloh....if an individual director so confident & willing to bet so much on this counter at such a perceive high price, surely there are big hidden opportunity here loh!

I think it will break Rm 20.00 very soon mah!

With the emergence of new young IT savvy owners!

Could this be an opportunity to buy into a dynamic well manage tech co ?

The answer is yes!

BOARDING

DEBT LOW ☑
CASH LIQUIDITY ☑
REVENUE GROWTH ☑
PROFIT GROWTH ☑
FREE CASH FLOW GROWTH ☑
UNDERVALUE ☑
TREND ☑
LOW RISK/REWARD SETUP ☑

No need to waste time with him loh!

Bjland sudah jalan loh!

Mari mari.....$$$$$$$$$$$$$$ coming mah!

Remember this loh!

Upside of Insas is not value trap mah!

But it is investors price discovery of the good enormous value insas which rerate its share upward mah!

In fact as more people discover the value of insas, which be much higher, it will go up higher & higher loh!

Tong Kooi Ong a tycoon had value insas at Rm 4.33 per share mah!

Remember this loh!

Upside of Insas is not value trap mah!

But it is investors price discovery of the good enormous value insas which rerate its share upward mah!

In fact as more people discover the value of insas, which be much higher, it will go up higher & higher loh!

Tong Kooi Ong a tycoon had value insas at Rm 4.33 per share mah!

It is not wave but breakout of insas share to the high side mah!

In fact as more people discover the value of insas, which be much higher, it will go up higher & higher loh!

Tong Kooi Ong a tycoon had value insas at Rm 4.33 per share mah!

It is not wave but breakout of insas share to the high side mah!

In fact as more people discover the value of insas, which be much higher, it will go up higher & higher loh!

Tong Kooi Ong a tycoon had value insas at Rm 4.33 per share mah!

It is call insas hathaway loh!

Today the rise of Insas of 10 sen to Rm 1.29 is due to Edge Tong valuation of Insas worth Rm 4.33 per share loh!

In addition Tong Kooi Ong has purchase 132,000 insas-W @ rm 0.425 per share loh!

There is enormous profitable prospect in dealing with insas shares & warrants going fwd loh!

Insas is smart dispose some M&A shares n this raise some funds & at the same time improve insas profitability loh!

After the disposal Insas still hold more than 50% of M&A shares loh!

The batikman has identify Bland is worth more than Rm 10.00 when he is the CEO of Bcorp loh!

I think Bland easily worth more than 33sen of the current share price loh!

Thus if u buy less than 33 sen, U r very safe loh!

Calvin has a knack of identifying good undervalue companies with good margin of safety loh!

In the case of NETX when Raider bought into....it is hugely undervalue loh!
And netx should benefit from Telcos expansion & IT rollout loh!

In addition it is embarking on a corp exercise of Rights Issue & warrants at dirt cheap prices which raider capitalise on it loh!

But Netx did not manage to secure any projects from Telcos & IT companies loh!

Thus Raider lari kuat kuat by selling a big portion of more than half Netx & manage to make 2 MV loh......but raider could have lari kuat kuat & make 4 MV.....if raider sold all of next loh!

But raider did not do that, bcos raider still think Netx can hit Rm 1.00 if telcos projects are successfully secure mah!

But not successful loh & on top of that.....this useless Netx use its cash..........buying into useless.....Sg Want Plaza shoplots..........these is the last straw to lari kuat kuat to cut wins & losses b4 too late mah!

The key is the integrity of Netx is in suspect loh.....thus must sell mah!

Posted by Sslee > 5 hours ago | Report Abuse

Calvintaneng,
3iii is telling you owed up to you over promotion/mistake that you are so sure of NETX and even telling everyone you sold 8 houses to invest into NETX.

Stockraider even day dreaming he will be multimillionaire once NETX break thro' RM 1 or even RM 2. Luckilly he know how to cut win and earned 2 myvi. But how about those still holding NETX believing in your story telling that NETX will be the next superstar?

You definately owed them an apology. Is saying sorry so hard?

Please learnt your lesson and never overpromised. It is better to underpromise but overachieving.

Very good investment principle loh!

When u talk about share always look beyond the share price, and reflect on its business, terms of business potential, its cashflow, its assets valuation n its liquidity & cash holding loh!

Insas perform highly above those matrix mah!

Posted by kcchongnz > 2 days ago | Report Abuse

Posted by CharlesT > 3 hours ago | Report Abuse
Personally I think it's better for KCChong to leave I3 forever io coming back to do this promotion on Insas

I do agree with you although there is no intention of promoting Insas. It is no use to be in a forum when the only thing the participants talk about is the share price.

Oscar Wilde once said that "A fool is someone who knows the price of everything and the value of nothing".

Lu tau boh!

Inari has good rating & respect of the investing community compare to Insas loh!

This bcos the corp governance & its public relation of Inari is excellent compare to Insas loh!

As Thong is targeting the corporates & the funds whereas insas has poor perception bcos thong wants to make it ugly for a potential privatization loh!

But insas is actually manage well loh!

Mkt is slowly waking up mah!

Posted by Sslee > 4 hours ago | Report Abuse

29-Jul-2021 30-Jul-2021 Private Placement 333,000,000 3.100 Additional Listing

Sometime I just wonder why this Inari 10% PP purchasers spend RM1,032.3 million for 333 million inari shares. Shouldn't they spend the 1.0323 billion take over Insas then use Insas cash to pay off RM 1.032 billion and will still owned 532,008,575 inari shares and everything inside Insas?

On every measurable yardstick Insas is deeply undervalued or a deep value trapped.
So in investing 1+1 can never equal to 2.

Invest in jaks like sorrrrhaiiii loh!
Beside Jaks having huge borrowings, poor profit, no dividend & management taking advantage by issuing placement & huge discount at the expense of diluting minority shareholders loh!

This jaks has integrity & competence issue & it has loads of litigations issue mah!

Posted by Mikecyc > 2 hours ago | Report Abuse

Haha correction :

As I read thru , understand that Vietnam JV company , Jaks holding 30 % : Cash RM 200 million plus RM 400 million from “ Construction of “ the Power Plant Profits … Until today the investment is over RM 800 million .


Mikecyc

41,648 posts

Posted by Mikecyc > 1 hour ago | Report Abuse

1.) Vietnam Power Plant Share of Profit n Dividends :


2020 : RM 3.8 million


2021 : RM 140.7 million


2022 : RM 156.2 million , Dividend RM 70.0 million


2023 : 1QR = RM 28.326 M , 2QR = RM 32.312 M , 3QR = RM 35.862 M



___

Jaks Annual Revenue and Net Profit / ( Loss ) :


1.) FYE2020 : RM 259.4 million with Loss ( RM 80.5 Million. )


2.) FYE2021 : RM 109.7 million with Net Profit RM 51.9 million.


3.) FYE 2022 : RM 89.8 million with Net Profit RM 53.5 million.


4.) FYE 2023 : 1st Half Revenue RM 17.47 million with Net Profit RM 33.19 million.


>>👉 1QR is Profit RM 14.08 million , 2QR is Profit RM 19.11 million , 3QR is Rm 7.15 million…

Cekd is a reasonable profitable co loh!

But base on valuation, it does not appear really undervalue when compare to insas loh!

Insas beat Cekd flat in terms of PE, Cashflow per share, balance sheet strength, Net cash per share etc loh!

Posted by wilsonliew > 1 hour ago | Report Abuse

CEKD - The Small Cap Star of the Year 2024

https://klse.i3investor.com/web/blog/detail/stocksforyear2024/2024-01-20-story-h-190328622-CEKD_The_Small_Cap_Star_of_the_Year_2024

The non bumi must realized this loh, even u totally embrace malay culture, language & islam now, they still cannot officially recognise yourself as a Malay loh!

Maybe your children & grand children may have a chance to be a malay.....but they must marry a malay loh!

Like that....what for leh ?

No matter what u do, u can never be a malay loh!

Thus why u still want to be malay, if u can never be a malay in your lifetime leh ?

So it is better to remain as a non malay loh!

At least u still have your dignity loh!

Raider already says KLK & Bkawan has the growth capacity whereas UTD Plant has the efficiency mah!

So both r equally good loh!

The non bumi must realized this loh, even u totally embrace malay culture, language & islam now, they still cannot officially recognise yourself as a Malay loh!

Maybe your children & grand children may have a chance to be a malay.....but they must marry a malay loh!

Like that....what for leh ?

No matter what u do, u can never be a malay loh!

Thus why u still want to be malay, if u can never be a malay in your lifetime leh ?

So it is better to remain as a non malay loh!

At least u still have your dignity loh!

Lets put it this way loh!

Today we have almost 5 stocks today that had shown large limit down for the past 5 days loh!
That are :
1. Rapid Rm 3.96 v highest rm 29.54
2 YNH Rm 1.22 v highest Rm 5,20
3. SCIB Rm 0.535 v Rm 1,20
4. Mercury Rm 0.455 v Rm 0.9
5. Imaspro Rm 1.23 v Rm 6.00

A simple financial check will indicates all these are not supported by strong fundamental financial matrix of namely NTA, PE, DIV, ROE, Growth despite had been goreng up sky high loh!

It finanally collapse loh!

If u compare all these 5 stocks...fundamental perform poorly v INSAS loh!

The the reasons why INSAS share has big upside and sustained at current high level, whereas the 5 loser stocks, Raider mentioned fell like 10 pins loh!

The current mkt run up are mainly supported by strong fundamental like Insas, Kseng & OSK that surge strongly beside having good earnings & good strong balance sheets, it has very good sustainable fundamental loh!

Investors are advise to be wary of high speculative stocks & peg their investment that can be supported by good margin of safety like very good pick insas mah!

Correctloh Raider already says UTD Plant is the best undervalue bluechip palmoil stock loh!
I think UTDPLANT breaking out Rm 20.00 will be soon loh!

Posted by stockraider > 3 weeks ago | Report Abuse

Of course u compare this way the productivity of KLK estates are much lower than Utd Plant loh!
But u must also take note, that KLK have been acquiring many other plantations which have lower productivity mah! It takes many yrs to rehabilitate these sub-performing plantations loh!

However u take the best performing estates of KLK v UP, the productivity is almost equivalent loh!

For investors who invest in KLK the growth ha manage will be high whereas UTD Plant that the ha productivity will be highly efficient loh!

My family own 6 acres farmland in Slim River whereas my uncle own 1.5 acres in cameron highland.....but the productivity of my uncles in more than 5x of my family.

This bcos my uncle spend enormous time & resources maintaining to ensure the farm receive the best inputs to achieve high productivity loh!

My family farm after taking advice of my uncle has achieve very good productivity & today our farm productivity has been narrowed to 2.5x compare to 5x previously loh!

Thus u can see KLK having a very much bigger ha will usually have a better potential in terms of profit potential loh!

Posted by ooihk899 > 1 day ago | Report Abuse

Stockraider, may I know what is the CPO yield/Ha
or FFB/Ha of KLK? Also how much is their production cost?

General Raider circle friends & gangs 80% are making monies mah!

The secret are bcos they buy fundamental undervalue stocks & stick to their circle of competence loh!

Hi Alburkhary,

I just ask the directors & they told me loh!

Posted by Albukhary > 1 month ago | Report Abuse

@stockraider, how you find our Hexza have YTL, YTL Power and Maybank?
Where can get this kind of information

Yes & No loh!

10 yrs ago insas Nta is roughly Rm 1.90 & its EPS is around 13.9 sen with share price 80 sen.
Today Nta is Rm 3.56 & eps is 18 sen with share price Rm 1.20.

Surely a dumb fellow using warren buffet formula will had notice insas wealth has grown by rm 1.66 per share or about 16 sen pa over the 10 yrs loh!

And added back div about roughly 1.5 sen div pa avg your total cash generation from insas is about 17.5 sen pa mah!

If your IRR is 10% pa.....surely base earnings Insas should easily worth Rm 1.75 per share loh!

Remember in 2015, Inari only worth less than Rm 1 billion loh but today it is worth more than Rm 12B mah!
Also we have not factor in the hidden reserve of Inari mark to mkt gain for insas holding of about rm 1.6b which is additional gain of rm 2.42 per share for insas loh!

Thus Insas shareholder funds plus Inari hidden reserve mark to mkt gain will contribute potential wealth of Rm 6.00 per share to insas loh!

Surely insas will worth much more than Rm 1.20 loh!

Posted by paperplane > 54 minutes ago | Report Abuse

insas FOREVER UNDERVALUED, IN FACT undervalue more than 10 years.....lol. what does it tell you then/

Lets put it this way loh!

Today we have almost 5 stocks today that had shown large limit down for the past 5 days loh!
That are :
1. Rapid Rm 3.96 v highest rm 29.54
2 YNH Rm 1.22 v highest Rm 5,20
3. SCIB Rm 0.535 v Rm 1,20
4. Mercury Rm 0.455 v Rm 0.9
5. Imaspro Rm 1.23 v Rm 6.00

A simple financial check will indicates all these are not supported by strong fundamental financial matrix of namely NTA, PE, DIV, ROE, Growth despite had been goreng up sky high loh!

It finanally collapse loh!

If u compare all these 5 stocks...fundamental perform poorly v INSAS loh!

The the reasons why INSAS share has big upside and sustained at current high level, whereas the 5 loser stocks, Raider mentioned fell like 10 pins loh!

The current mkt run up are mainly supported by strong fundamental like Insas, Kseng & OSK that surge strongly beside having good earnings & good strong balance sheets, it has very good sustainable fundamental loh!

Investors are advise to be wary of high speculative stocks & peg their investment that can be supported by good margin of safety like very good pick insas mah!

U need to get your bearing right loh!
Insas is not a value trap mah!

In fact Raider see Insas is a rocket ready to takeoff high high mah!

If u r a true value fundamental investor, u stick to the position of buying stocks which has huge potential to rerate high due to very sharp undervaluation loh!

See I told U....the best bank to invest in affin bank mah!

Posted by stockraider > 3 days ago | Report Abuse

Swk govt is willing to buy upto 20% just to punt Affin Bank loh!
At the moment Affin is undervalue loh!
Top shareholders now are:

1. Ltat & Boustead 48%
2. BEA......................... 24%
3.Swk Govt............... 5%
Total;............................77%

If swk govt increase its holding to 20% from 5% it will come from;

1 Ltat & bstead .........8%
2. BEA............................4%
3. Public collect.........8%

This will mean ;

Ltat & bstead................. ...40%
BEA......................................... 20%
Swk Govt..............................20%
Total .....................................80%

Subsequently Affin Bank will be merge with a potential large bank at above Rm 4.00 per share most likely with the following merger candidates

1. Maybank
2. Public Bank
3.Cimb
4. Hlbank
5 Rhb bank
6. Ambank
7. Alliance Bank

With most fit HLbank & Ambank loh!

It is coming mah!

Lets put it this way loh!

Today we have almost 5 stocks today that had shown large limit down for the past 5 days loh!
That are :
1. Rapid Rm 3.96 v highest rm 29.54
2 YNH Rm 1.22 v highest Rm 5,20
3. SCIB Rm 0.535 v Rm 1,20
4. Mercury Rm 0.455 v Rm 0.9
5. Imaspro Rm 1.23 v Rm 6.00

A simple financial check will indicates all these are not supported by strong fundamental financial matrix of namely NTA, PE, DIV, ROE, Growth despite had been goreng up sky high loh!

It finanally collapse loh!

If u compare all these 5 stocks...fundamental perform poorly v INSAS loh!

The the reasons why INSAS share has big upside and sustained at current high level, whereas the 5 loser stocks, Raider mentioned fell like 10 pins loh!

The current mkt run up are mainly supported by strong fundamental like Insas, Kseng & OSK that surge strongly beside having good earnings & good strong balance sheets, it has very good sustainable fundamental loh!

Investors are advise to be wary of high speculative stocks & peg their investment that can be supported by good margin of safety like very good pick insas mah!

Lets put it this way loh!

Today we have almost 5 stocks today that had shown large limit down for the past 5 days loh!
That are :
1. Rapid Rm 3.96 v highest rm 29.54
2 YNH Rm 1.22 v highest Rm 5,20
3. SCIB Rm 0.535 v Rm 1,20
4. Mercury Rm 0.455 v Rm 0.9
5. Imaspro Rm 1.23 v Rm 6.00

A simple financial check will indicates all these are not supported by strong fundamental financial matrix of namely NTA, PE, DIV, ROE, Growth despite had been goreng up sky high loh!

It finanally collapse loh!

If u compare all these 5 stocks...fundamental perform poorly v INSAS loh!

The the reasons why INSAS share has big upside and sustained at current high level, whereas the 5 loser stocks, Raider mentioned fell like 10 pins loh!

The current mkt run up are mainly supported by strong fundamental like Insas, Kseng & OSK that surge strongly beside having good earnings & good strong balance sheets, it has very good sustainable fundamental loh!

Investors are advise to be wary of high speculative stocks & peg their investment that can be supported by good margin of safety like very good pick insas mah!

Kingkkk,

This type of intelligent question is applicable when u want to buy Nestle at rm 120.00 per share, n its eps is rm 2.80 & nta is only Rm 3.00.
U r trying to justify why u willing to pay so much more loh ?

In insas case u r paying only Rm 1.20 per share to buy a wealth of Rm 6.00 per share mah!

This an obvious no brainer....the answer is obvious loh!

Posted by KingKKK > 48 minutes ago | Report Abuse

Insas seems undervalued by net cash/NTA valuation but also need to ask these questions:

1. What is the future prospect? Can next year earnings grow substantially (my standard at least 10%)?
2. How about the free cash flow? Will it grow in the future? + Has it grown higher historically.
3. What is the management planning to do with the extra cash ... return to shareholder? Or invest in new growth busienss? Or invest in efficiency enhancement of existing business?

Kingkkk,

This type of intelligent question is applicable when u want to buy Nestle at rm 120.00 per share, n its eps is rm 2.80 & nta is only Rm 3.00.
U r trying to justify why u willing to pay so much more loh ?

In insas case u r paying only Rm 1.20 per share to buy a wealth of Rm 6.00 per share mah!

This an obvious no brainer....the answer is obvious loh!

Posted by KingKKK > 48 minutes ago | Report Abuse

Insas seems undervalued by net cash/NTA valuation but also need to ask these questions:

1. What is the future prospect? Can next year earnings grow substantially (my standard at least 10%)?
2. How about the free cash flow? Will it grow in the future? + Has it grown higher historically.
3. What is the management planning to do with the extra cash ... return to shareholder? Or invest in new growth busienss? Or invest in efficiency enhancement of existing business?

Yes & No loh!

10 yrs ago insas Nta is roughly Rm 1.90 & its EPS is around 13.9 sen with share price 80 sen.
Today Nta is Rm 3.56 & eps is 18 sen with share price Rm 1.20.

Surely a dumb fellow using warren buffet formula will had notice insas wealth has grown by rm 1.66 per share or about 16 sen pa over the 10 yrs loh!

And added back div about roughly 1.5 sen div pa avg your total cash generation from insas is about 17.5 sen pa mah!

If your IRR is 10% pa.....surely base earnings Insas should easily worth Rm 1.75 per share loh!

Remember in 2015, Inari only worth less than Rm 1 billion loh but today it is worth more than Rm 12B mah!
Also we have not factor in the hidden reserve of Inari mark to mkt gain for insas holding of about rm 1.6b which is additional gain of rm 2.42 per share for insas loh!

Thus Insas shareholder funds plus Inari hidden reserve mark to mkt gain will contribute potential wealth of Rm 6.00 per share to insas loh!

Surely insas will worth much more than Rm 1.20 loh!

Posted by paperplane > 54 minutes ago | Report Abuse

insas FOREVER UNDERVALUED, IN FACT undervalue more than 10 years.....lol. what does it tell you then/