my wife ask why GAC? I say GAC very interesting. GAC got legacy business with Nissan, Toyota doing very badly and going to zero. GAC also got new EV business AION 100% owned doing very exceptionally well. Far better than people think. In fact AION has the fastest growth next BYD. GAC very interesting.
Do u all realized Insas is sitting on another mark to market gain of more than rm 200m or 29 sen per insas share since M&A is listed at 22 sen & now the share price is 34.5 sen.
Lu tau boh ?
Posted by stockraider > 21 hours ago | Report Abuse
Memang betul sifu sslee findings loh!
Lu tau boh ?
If u look at the balance sheet of insas....the associate companies cost is around rm 577m & these comprises Inari, Ho hup & many unlisted companies loh!
If i conservatively take all the associate cost of Rm 577m to be attributable to Inari alone & excluding all other companies above, i still can have a nice handsome gain of rm638m (rm 1215m minus Rm 577m) and this will add another 92 sen to already high NTA of Rm 3.53 to a revise nta of rm 4.45 per share loh!
Insas have so much value in it , that is beyond any ordinary soul can comprehend loh!
Only people like sifu sslee & Leno that have ability & can see beyond the future, can comprehend the prospect & the huge profitability that can be made by investing insas mah!
U all need to trust sifu sslee who is so kind hearted & willing to share the bounty of Insas with us all loh!
Posted by Sslee > 1 day ago | Report Abuse
Repost: Is that sooooooo stupiiiiiiid someone cannot read nor understand what I posted on: M&A Securities SDN BHD financial highlight: A 100% holding of Insas before RTO of SYF.
FYE 30 June 2019 2020 2021 2022 RM’000 RM’000 RM’000 RM’000 Revenue 26,314 36,978 68,906 48,541 Other items of income 15,791 18,646 33,291 28,900 Items of expense (33,353) (42,855) (77,420) (54,632) PBT 8,752 12,769 24,777 22,809 PAT 6,552 9,172 18,764 17,916
Can anyone understand english kindly explain to sooooo stupiiiiiid why staff expense increase in 2021. 2020 item of expenses RM 42.855 million. PBT RM 12.769 million 2021 item of expenses RM 77.420 million. PBT RM 24.777million
RI of Insas-PB with free Insas-WC is a way to reward shareholders. You can either sell your entitlement or subscribe for the RI I subscribe for my RI entitlement with 10% excess application and later sold the WC for a 6 digit gain.
Someone is very jeleous I make 6 digit gain from the WC. Recently bought back some WC because history will repeat again. In the past someone promote PA, and WC rocket pass PA. Now that someone day and night promote Jaks hence WC will/shall rocket pass Jaks soon.
去年同期脱售联号公司所有股权录得1亿3130万令吉一次性收益,托高了对比基数 One-off exceptional gain on deemed disposal of equity interest in associate companies of RM 131.3 million. Do anyone know what is deemed disposal?
Associated co - Inari completed private placement of 10% share at RM 3.10, way above its NTA per share, & insas needs to account for its equity accounting (Inari) share of share capital/reserve increase of RM 131.3 million, purely accounting treatment in compliance with FRS. Non cash flow but increase in assets. Balance sheet the non current asset associate companies value increase by RM 131.3 million.
Did someone know Jaks every year PP way below NTA?
Insas still hold 537,008,575 inari share (associate company) and 1,215,718,665 M&A an effective holding of 60.83% subsidiary company of Insas. Know what is the market value of 537,008,575 inari share and 1,215,718,665 M&A share? Know insas yearly dividend income from Inari alone? Year end 30/6/2023 Dividend received: RM 56.521 million
Since when a car rental business in Singapore is profitable? Someone must be smart to dispose capitalA for disposal gain before Covid-19 strike. Only dumb dumb hold Icapital TTB still holding capitalA before covid-19 untill now. Most likely TTB will still dumb dumb hold capitalA till suspension and delist
By the way Omesti is not an Associate company of insas: In balance sheet it is one of many equity investment held in current assets: Financial assets at fair value through profit or loss, as at 30/6/2023 that assets at mark to market value: RM 222,832,000
As at 30/06/2023 NAPS: RM 3.53 Deposits with licensed banks and financial institutions: RM 943,505,000 Cash and bank balances: RM 104,747,000 Total: RM 1,048,252,000 Less: Cash and bank balance pledged: RM (2,376,000) Fixed deposits pledged: RM (233,801,000) Free Fixed deposits and cash and bank balance: RM 812,075,000 Year end 30/6/2023 Interest received: RM 25.349 million
2023 EPS: 18.51 sen 2022 EPS: 32.44 sen 2021 EPS : 37.06 sen
A.) FYE2020 : Revenue = RM 187.5 M , Net Profit = RM 14.8 M
1.) FYE2021 : Revenue = RM216.9 M , Net Profit = RM 245.7 M
2.) FYE2022 : Revenue = RM212.5 M , Net Profit = RM 215.05 M
3.) FYE2023 : Revenue = RM 216.8 M , Net Profit = 122.7 M
👉 FYE2021 n 2022 : Keep selling Profitable Businesses until no more to sell ke ..
👉 Dividend : FYE2021 = 2.0 Sen , FYE2022 = 2.5 Sen .
Wow so stingy to Shareholders le .
So generous to Staff le on 2021 : Staff Expenses is increased more than RM 20 million after RI ..
—
Why is Insas involved in fashion business? Does not contribute much and is a distraction to management time.
The Company had invested in the Melium Group, which is involved in fashion and F&B businesses, since 1997, and the Company currently holds 43% equity interest in Melium. Insas has representation on the Board and EXCO of Melium and attend all Board and EXCO meetings held regularly during the year but does not get involved in the day-to-day operations.
Refer to QR ended June 2023 :
A) Administration Expenses = RM 6,917,000
👉 RM 27.67 Million per Year … BOD remunerations = RM 4.8 million
B ) Other Operating Expenses = RM 25,842,000 / Quarter
Refer to QR ended June 2023 : A) Administration Expenses = RM 6,917,000 👉 RM 27.67 Million per Year … BOD remunerations = RM 4.8 million B ) Other Operating Expenses = RM 25,842,000
>>> Sslleee, just the Administration Expenses = RM 27.67 Million per Year … BOD remunerations = RM 4.8 million
Remember this Insas good fundamental mah! Posted by stockraider > 14 minutes ago | Report Abuse
Do u all realized Insas is sitting on another mark to market gain of more than rm 200m or 29 sen per insas share since M&A is listed at 22 sen & now the share price is 34.5 sen.
Lu tau boh ?
Posted by stockraider > 21 hours ago | Report Abuse
Memang betul sifu sslee findings loh!
Lu tau boh ?
If u look at the balance sheet of insas....the associate companies cost is around rm 577m & these comprises Inari, Ho hup & many unlisted companies loh!
If i conservatively take all the associate cost of Rm 577m to be attributable to Inari alone & excluding all other companies above, i still can have a nice handsome gain of rm638m (rm 1215m minus Rm 577m) and this will add another 92 sen to already high NTA of Rm 3.53 to a revise nta of rm 4.45 per share loh!
Insas have so much value in it , that is beyond any ordinary soul can comprehend loh!
Only people like sifu sslee & Leno that have ability & can see beyond the future, can comprehend the prospect & the huge profitability that can be made by investing insas mah!
U all need to trust sifu sslee who is so kind hearted & willing to share the bounty of Insas with us all loh!
Posted by Sslee > 1 day ago | Report Abuse
Repost: Is that sooooooo stupiiiiiiid someone cannot read nor understand what I posted on: M&A Securities SDN BHD financial highlight: A 100% holding of Insas before RTO of SYF.
FYE 30 June 2019 2020 2021 2022 RM’000 RM’000 RM’000 RM’000 Revenue 26,314 36,978 68,906 48,541 Other items of income 15,791 18,646 33,291 28,900 Items of expense (33,353) (42,855) (77,420) (54,632) PBT 8,752 12,769 24,777 22,809 PAT 6,552 9,172 18,764 17,916
Can anyone understand english kindly explain to sooooo stupiiiiiid why staff expense increase in 2021. 2020 item of expenses RM 42.855 million. PBT RM 12.769 million 2021 item of expenses RM 77.420 million. PBT RM 24.777million
RI of Insas-PB with free Insas-WC is a way to reward shareholders. You can either sell your entitlement or subscribe for the RI I subscribe for my RI entitlement with 10% excess application and later sold the WC for a 6 digit gain.
Someone is very jeleous I make 6 digit gain from the WC. Recently bought back some WC because history will repeat again. In the past someone promote PA, and WC rocket pass PA. Now that someone day and night promote Jaks hence WC will/shall rocket pass Jaks soon.
去年同期脱售联号公司所有股权录得1亿3130万令吉一次性收益,托高了对比基数 One-off exceptional gain on deemed disposal of equity interest in associate companies of RM 131.3 million. Do anyone know what is deemed disposal?
Associated co - Inari completed private placement of 10% share at RM 3.10, way above its NTA per share, & insas needs to account for its equity accounting (Inari) share of share capital/reserve increase of RM 131.3 million, purely accounting treatment in compliance with FRS. Non cash flow but increase in assets. Balance sheet the non current asset associate companies value increase by RM 131.3 million.
Did someone know Jaks every year PP way below NTA?
Insas still hold 537,008,575 inari share (associate company) and 1,215,718,665 M&A an effective holding of 60.83% subsidiary company of Insas. Know what is the market value of 537,008,575 inari share and 1,215,718,665 M&A share? Know insas yearly dividend income from Inari alone? Year end 30/6/2023 Dividend received: RM 56.521 million
Since when a car rental business in Singapore is profitable? Someone must be smart to dispose capitalA for disposal gain before Covid-19 strike. Only dumb dumb hold Icapital TTB still holding capitalA before covid-19 untill now. Most likely TTB will still dumb dumb hold capitalA till suspension and delist
By the way Omesti is not an Associate company of insas: In balance sheet it is one of many equity investment held in current assets: Financial assets at fair value through profit or loss, as at 30/6/2023 that assets at mark to market value: RM 222,832,000
As at 30/06/2023 NAPS: RM 3.53 Deposits with licensed banks and financial institutions: RM 943,505,000 Cash and bank balances: RM 104,747,000 Total: RM 1,048,252,000 Less: Cash and bank balance pledged: RM (2,376,000) Fixed deposits pledged: RM (233,801,000) Free Fixed deposits and cash and bank balance: RM 812,075,000 Year end 30/6/2023 Interest received: RM 25.349 million
2023 EPS: 18.51 sen 2022 EPS: 32.44 sen 2021 EPS : 37.06 sen
Limit CEO/CFO/ED/management yearly remuneration to 1 company only even if they hold multiple position in the group , only able to have bonuses if the group having ROI more than 5% n pay dividends beat bank FD rate to all shareholders !! This is the only way to sweating the CEO/CFO/Executive Directors
To be qualified as an ethical sifut, the 29th largest shareholder for example, must inform the minority shareholders before (in case) he himself lost patience on Insas and dump it enbloc.
Insas score all positive points as super investable stock when share price is still hanging below 90 sen loh!
FUNDAMENTAL FACTORS 1. It has a net cash of Rm 1.10 per share. 2. It trade at a PE of below 5x. 3. It has an NTA per share of Rm 3.43 per share. 4. If u add the potential mark to market gain of Inari & M&A, the revised Nta of insas exceed Rm 4.50 per share mah!. 5. It pays a dividend of 2.5 sen, that give a dividend yield of 2.82% pa, very close to the short term FD rates of 3.0% pa. 6. Insas has shown earnings sustainability & consistency as for the past 10 yrs, annually Insas has been reporting good profit n most amazingly every qtr for the past 10 yrs, Insas has been reporting positive positive every qtr loh! 7. If u invest in insas, U r exposing to the biggest tech listed Composite Index co in KLSE-Inari. 8. U r also deriving the best manage Finance Co in KLSE by investing in insas mah!
GORENG FACTORS 9. Insas own the most efficient goreng corp finance listed co in klse-M&A 10. Insas is due to be goreng bcos its share price at 88.5 sen now is close to the exercise price of the warrant at 90 sen mah! 11. The insas chart indicate Insas is due to breakout of 90 sen & powerfully will go above Rm 1.20 soon loh! 12. Insas is one of the most promising incubators & its Venture capital has been performing very well loh!
Do not missed this INSAS high positive profitability potential, INVEST NOW LOH!
All the questions this soorhaiiis Johnchew raise had been all well answered by our Sifu Insas Sslee mah!
No point Johnchew keep repeating, repeating n repeating the same questions like a broken record loh!
People just need to look at positive buy factors & see how much insas buy is worthwhile & act accordingly loh!
Do not be mislead mah!
Insas score all positive points as super investable stock when share price is still hanging below 90 sen loh!
FUNDAMENTAL FACTORS 1. It has a net cash of Rm 1.10 per share. 2. It trade at a PE of below 5x. 3. It has an NTA per share of Rm 3.43 per share. 4. If u add the potential mark to market gain of Inari & M&A, the revised Nta of insas exceed Rm 4.50 per share mah!. 5. It pays a dividend of 2.5 sen, that give a dividend yield of 2.82% pa, very close to the short term FD rates of 3.0% pa. 6. Insas has shown earnings sustainability & consistency as for the past 10 yrs, annually Insas has been reporting good profit n most amazingly every qtr for the past 10 yrs, Insas has been reporting positive positive every qtr loh! 7. If u invest in insas, U r exposing to the biggest tech listed Composite Index co in KLSE-Inari. 8. U r also deriving the best manage Finance Co in KLSE by investing in insas mah!
GORENG FACTORS 9. Insas own the most efficient goreng corp finance listed co in klse-M&A 10. Insas is due to be goreng bcos its share price at 88.5 sen now is close to the exercise price of the warrant at 90 sen mah! 11. The insas chart indicate Insas is due to breakout of 90 sen & powerfully will go above Rm 1.20 soon loh! 12. Insas is one of the most promising incubators & its Venture capital has been performing very well loh!
Do not missed this INSAS high positive profitability potential, INVEST NOW LOH!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
UlarSawa
35,552 posts
Posted by UlarSawa > 2023-10-12 15:04 |
Post removed.Why?