Congrats to Sslee. While i suggested you to take profit this round, the chart seems to indicate something interesting might be brewing. If this surge was not casued by speculators then i would sell 30% at current price and only sell if dropped back below 1.00 another 30%. You should consider putting some into Sap Energy. 3 months maximum before you would hear some positive annoucements
I have hold Insas for years. Yes, book value is worth a lot because of Inari, but in terms of their own business, I dont think it is very good. Their business is very stagnant, half of their profits every quarter came from Inari dividend which is why the PAT is high.
Just look out on the warrants. That's where money is made. Previous warrant also same. They would not want to dilute the shares.
Insas: Number of shares issued : 663,020,762 (excluding 30,327,291 treasury shares) One of shareholder pose this question at AGM: Insas has the following liquid assets of:- 1. Bank deposits and cash RM1,047mil 2. Financial investment assets RM256mil 3. Total cash and investment RM1,303mil Its loan and preference shares 1. Loans RM242mil 2. Preference shares RM128mil Total RM370mil Thus, insas effectively has net liquid cash and investment equivalent of RM933mil or RM1.34 per share, why dividend of insas is a mere 2.5 sen or RM16.6mil payout.
Can you find me any stock in Bursa that selling below cash holding?
The coming weekend you’ll tengok2… Bro TKO sudah discard…. Can’t blame mah. Money on table. Siapa tak mau. Ask those who chases TheStar… hehehe. They can tell you what happen
Can i beg u for not doing thing for the following MyRoosterKing/Jerichomy? Please, don't ever make fun of your own family in whatever form It is not interesting in the slightest On the contrary u may attract what u may not be expected Please believe the power of attraction For your own sake i sincerely hope you will be fine and achieve an outstanding result and then share your success experience to all of us here Can u?
Just for information: ASSOCIATE COMPANIES (CONT’D) (f) The summarised financial information in respect of the Group’s major associate companies are as follows:- Inari Amertron Company Group Ho Hup Construction Berhad Group Melium Holding Sdn Berhad Group Divfex Berhad Other associate companies Total RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 Financial positions as at 30 June 2023 Assets and liabilities Non-current assets 528,103 536,203 58,853 12,249 200,905 1,336,313 Current assets 2,438,649 994,312 60,262 66,447 307,968 3,867,638 Non-current liabilities (32,672) (391,067) (35,073) (7,122) (34,046) (499,980) Current liabilities (331,450) (734,688) (50,060) (40,987) (254,115) (1,411,300) Net assets 2,602,630 404,760 33,982 30,587 220,712 3,292,671 Carrying amount of proportion of the Group’s ownership 374,407 18,617 14,646 8,259 96,529 512,458 Goodwill on acquisition 65,251 Total: 577,709
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....
Windy1974
743 posts
Posted by Windy1974 > 2024-01-15 12:14 | Report Abuse
Congrats to Sslee. While i suggested you to take profit this round, the chart seems to indicate something interesting might be brewing. If this surge was not casued by speculators then i would sell 30% at current price and only sell if dropped back below 1.00 another 30%.
You should consider putting some into Sap Energy. 3 months maximum before you would hear some positive annoucements