Posted by Moon Ng > 2013-10-28 10:40 | Report Abuse

trsutme932, volume is now very weak @ 2.07/2.08.. still safe to hold? Or should cut loss?

Posted by lwalk > 2013-10-28 11:08 | Report Abuse

moon, just refer to trustme's posts above yours. trustme has already commented what are TA ranges..quite clear

Posted by Moon Ng > 2013-10-28 12:08 | Report Abuse

iwalk, yup saw it... after the post, price went yoyo... just got worried, sorry...

Posted by Moon Ng > 2013-10-28 15:09 | Report Abuse

Trustme932, how do u c ulicorp? It's hullish these few days.

Posted by trustme932 > 2013-10-28 16:55 | Report Abuse

Moon NG...i cut quite a big portion of it at 2.14 which is my avg...now,tears dropping out of my eyes..shall i buy on further weakness to avg it again while it is still within the bullish pattern on the chart?As planned,i wud take it out at 2.00 though i expect the support shud come in at 1.95-1.97 zone.

Posted by 4u2c > 2013-10-28 20:01 | Report Abuse

Analyst this share will new project will fly to RM 4 in 2 yrs time

Posted by midtermtrader > 2013-10-28 20:09 | Report Abuse

Bro, all property counters in red sea la. Stay sideline 1st.

Posted by cheeseburger > 2013-10-28 23:16 | Report Abuse

wait for buy signal...

Posted by wwwcomment > 2013-10-29 00:00 | Report Abuse

Property counters will be groomy for some time. Patient...

Posted by trustme932 > 2013-10-29 08:57 | Report Abuse

A close abv 2.07 wud signal a turning point for retest of res 2.11 n 2.16.For today,supp at 1.99 should hold.

Posted by gweilo > 2013-10-29 13:28 | Report Abuse

if go below 2 me gonna load up even more.

Posted by Saturn > 2013-10-29 15:34 | Report Abuse

Yay...gweilo.....yay.......but gweilo got to pay more across border leh

Posted by Moon Ng > 2013-10-29 16:03 | Report Abuse

TM932, r u still holding on? looks like cant close above 2.07 :( so little buying volume..

Posted by Saturn > 2013-10-29 18:27 | Report Abuse

Ding ding.....buy buy close eye and buy.....don't be like the burger.....buy, don't buy, let see, ....aiyo....

Posted by tan5995 > 2013-10-29 19:22 | Report Abuse

Buy!Buy!Buy!

Posted by cheeseburger > 2013-10-29 19:27 | Report Abuse

Hold and wait

Posted by Saturn > 2013-10-29 19:32 | Report Abuse

Wait for patty to be grilled....lol

Posted by BuLLRam > 2013-10-29 21:10 | Report Abuse

E&O is starting another new leg up once the RPGT n budget property measures absorbed by the mkt. I invested since 1.60 levels...

Posted by trustme932 > 2013-10-30 09:30 | Report Abuse

its stuck within range 2.01-2.11 but will look better next week.Buy dips.

Posted by Moon Ng > 2013-10-30 10:53 | Report Abuse

trustme932, i bought at 2.13... shud i average my cost?

Posted by gweilo > 2013-10-30 11:14 | Report Abuse

can. but eventually when its 3 it wun matter much will it? depend if u r in it for a trade or lt investment. me i buy it n forget it. this is a solid company. i dun speculate.

Posted by Saturn > 2013-10-30 11:39 | Report Abuse

Gweilo....u r making sense......just buy it low.....the rest are traders and they contribute to the drop.....

Posted by Saturn > 2013-10-30 11:43 | Report Abuse

After tomorrow, it will be mid Nov......the buyers in island are genuine.....the 20+ % to State govt for Stp2 will include 10% plus infrastructure.......trust outside CIMB for now.....

Posted by bigFAT > 2013-10-30 15:55 | Report Abuse

wah saturn u like very much property counters? dont hang onto something for too long..see what happen ...mostly red

Posted by bigFAT > 2013-10-30 15:55 | Report Abuse

if 2.00 is violated...u all should know what to do

Posted by gweilo > 2013-10-30 16:45 | Report Abuse

yes BUY !!!

Posted by wisdomtot > 2013-10-30 17:31 | Report Abuse

any chance to drop below 2.00 tomorrow?

Posted by Saturn > 2013-10-30 17:56 | Report Abuse

Kakakaka Gweilo....BUY....! So funny......
But Mr BigFAT 0 .....sigh.....aiya.....what to say arh...

Posted by Saturn > 2013-10-30 19:16 | Report Abuse

Two hints otherwise ppl will say I'm trying to be clairvoyant......
1) CIMB and it's interest
2) Sime darby and why delay.......on the errr. This one those following will know what I am saying.....important to know why delay.....

Do ur homework now.....the burger does not understand .....

Posted by Saturn > 2013-10-30 19:17 | Report Abuse

Pls don't gues guess....it's either know or don't.....

Posted by cheeseburger > 2013-10-30 19:21 | Report Abuse

Hold and wait.

Posted by Saturn > 2013-10-30 19:26 | Report Abuse

Ok ok wait for another patty....not cheese pls......remember the premium outlet like burger lab, burger factory, carls junior, cheese is the last thing and least important....it given......kakakaka

Posted by trustme932 > 2013-10-31 09:11 | Report Abuse

M looking at it,will take a chance to average on further weakness.

Posted by gweilo > 2013-10-31 12:45 | Report Abuse

yes. me too!

Posted by bigFAT > 2013-11-01 01:31 | Report Abuse

one big fat cheese burger..order222...say cheese...u are right mr cheese...there's still time to wait for the downfall

Posted by pharker > 2013-11-01 12:40 | Report Abuse

after the budget n the increase in RPGT...most property counter affected

Posted by Moon Ng > 2013-11-01 15:14 | Report Abuse

tm932, is it time to average down the cost? or wait til 1.95 support level?

Posted by Saturn > 2013-11-01 15:33 | Report Abuse

Beautiful.....!!

Posted by gweilo > 2013-11-01 16:37 | Report Abuse

E&O is premier property and people who buy in their league do not care about price. They want what they want and they want the best. No way is E&O going to lose either sales or margins.

Posted by gweilo > 2013-11-01 16:39 | Report Abuse

Of course the stock can go down when the market is weak like it has been all this week but it's not gonna stay that way for long.

Posted by Saturn > 2013-11-01 16:42 | Report Abuse

Gweilo = Kwai lo = expensive man.........

Posted by gweilo > 2013-11-01 18:13 | Report Abuse

buy Insas !

Posted by gweilo > 2013-11-04 12:28 | Report Abuse

I hope you all took my advice and bougth insas ! up 15% today oledi !!!

Posted by ayeefk > 2013-11-04 12:39 | Report Abuse

Hi,Gweilo

Insas has been on an uptrend since Sept. What is the great news?

Posted by Kumantong > 2013-11-04 12:44 | Report Abuse

Gwello..regeret regret not going in ..any other counter can go in like hiaptek, salcon???

Posted by gweilo > 2013-11-04 12:46 | Report Abuse

by kcchongnz:
Insas and Graham net net

In 1932 at the bottom of the Great Crash, Ben Graham wrote an article on Forbes about the cheapness of the market and how companies are being quoted in the market for much less than their liquidating value, as if they were all destined to be doomed. He called these types of stocks, "net nets", companies that sell for less than its net current asset value, or net net working capital. Graham used the following formula to compute the liquidation value of a company.

Net Net Working Capital = Cash and short-term investments + (0.75 * accounts receivable) + (0.5 * inventory) – total liabilities

It's the lowest form of valuation you could possibly do because it ignores everything about the business and just focuses on tangible assets. The formula states that;
• cash and short term investments are worth 100% of its value
• accounts receivables should be taken at 75% of its stated value because some might not be collectible
• take 50% off inventories, due to discounting if close outs occur

Insas’s latest balance sheet as at 30 June 2013 was used to compute the net tangible asset and Graham net net values. Besides cash, the net net values of quoted and unquoted investments owned are also taken as 100% of the book value. Note that tax assets, property, plant and equipment, Goodwill and “other assets” are taken as worth nothing.

The appended table shows that the Graham net-net value of Insas is RM1.23. This is more than twice its closing price of 64 sen on 30 October 2013.

Besides Insas has been profit averaging 6 sen per share for the last 10 years. It has on average positive free cash flow and a healthy balance sheet.

Why is Insas trading at such a big discount to its Graham net net value? I guess is investors have not much trust in the management in maximizing minority shareholder value. No dividends have been declared until recently, although it has been buying back its shares. So with the beginning of this more tangible dividend distribution, will Insas be re-rated in accordance with its value?

Insas Graham net net
Cash and equivalent 532,894 100% 532894
Investments 120,290 100% 120290
Investment properties 151,432 100% 151432
Associate companies 90,145.63 100% 90146
Receivables 345,289 75% 258967
Inventories 15,830.73 50% 7915
PPE 59,765 30% 17929
Other assets 43,503 0% 0
Total assets 1,359,150 xxxx 1179574
Total liabilities -325,949 100% -325949
Net assets 1,033,201 xxxx 853,625

No. of shares 693,334 xxxx 693,334
NAB 1.49 xxxx 1.23

Posted by ayeefk > 2013-11-04 13:31 | Report Abuse

Hi, Gweilo,

Thank you for the sharing.

Too late to jump in. Wait for the pull-back...

Posted by Saturn > 2013-11-04 14:58 | Report Abuse

Cheeseburger still waiting .......kakakakaka

Posted by gweilo > 2013-11-07 12:26 | Report Abuse

My analysis for Insas ...

https://www.youtube.com/watch?v=5akEgsZSfhg

Posted by angtf > 2013-11-07 21:08 | Report Abuse

Today E&O dividen payment day, and up. :-)