Aiyo sifu Alex..I have 2 questions...now I am a referee at SapNrg..and Bungaraya...what is the TP...can share with me...so I can go there sharing....aiyoyo...kikiki
Dear Alex, Thank you for giving back to i3 community: My question is as below: Refer 55th INSAS AGM Minutes: http://www.insas.net/pdf/img-20180514.pdf Items 14: Share Market Price Quote “Dato’ Dr Tan Seng Chuan added that the market sees the intrinsic value of the Company at RM3.00 but the market price is trading at +/-RM0.90. He is of the opinion that share prices and the Company’s performance have no direct relationship and the Directors’ primary responsibility is to make sure the Company runs well and not about making share price perform. DWGK further informed the shareholders that the CEO as a major shareholder of the Company cannot acquire more Insas shares from the market, and the Company cannot continue with its proposed share buyback as such share acquisition and/or buybacks may result in the CEO and persons acting in concert (“PACs”) holding more than 33.0% of Insas shares which will then trigger a mandatory takeover offer (“MGO”) on the remaining Insas shares not owned by the CEO and PACs, unless a waiver of such MGO is granted by the Securities Commission and the shareholders of Insas under the Malaysian Code on Take-overs and Mergers.” Unquote
From INSAS Annual report at 30th June 2018 INSAS NTA RM 2.49 and refer page 107: ASSOCIATE COMPANIES book value RM 357,628,000 and market value of quoted associated companies share in Malaysia RM 1,376,569,000. This is about a fair value gain of RM 1,018,941,000 or another RM 1.54 per share. Thus total Intrinsic value of INSAS as on 30th June 2018 is (RM 2.49 + RM 1.54) = RM 4.03 per share. Note: INSAS owned about 400 million of Inari share: With market closing price of RM 0.69 on 23th Nov 2018 versus Value at 30th June 2018 Mostly liquid assets: Quoted share, bank deposit, money lending &etc) of RM 4+
Q1. Why market undervalue INSAS share by almost 5+ time? Q2. How to unlock INSAS value?
Aiyo sifu alex...so what is your suggestion...should they keep the share...dunp it...or ..buy more....hope you can give some guidance..I need independence opinion...bcos...too many vested interest opinion are not independence at all...aiyoyo...kikiki
i3 full of short and medium term stock recommendation to punt...but not much talking point on the next big thing...or which current winners which will likely continue to be winner in the next 10 years without being disrupted?
Alex sifu, I bet 10% of my portfolio on Orion. Hope it can be my multibagger. You know la this kind of penny stock, ppl say sampah. And I plan to add another 10%. That's why I'm very kancheong. Can you enlighten your anak murid?
Hi ! Alex 1) What has determined to a share price eg. Revenue to such premium in such a short period of listing period in bursa ? Purely on growth mistic ?
2) will such premium sustainable ?
3) is it likely repeatable given similarly property ?
4) What would be the view from an Institution perspective ?
Hi Alex, I would like to know if there are operators controlling the stocks. When you buy, they press down or hold price. When you sell, they quickly buy up. Are these part of the company bosses' plan to ditch out us retailers?
How do you think of TM prospect? can keep for let say 1 year? expected 30% increases then? since hit the lowest price and TM consider big bro in fibre infra...
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Koon Bee
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Posted by Koon Bee > 2018-11-25 20:16 | Report Abuse
Alex can I join?