let me tell u, even if u sapu now the price also won't go up! Why? Bcos company director got problem! If you did a properly research then u will find out. He ain't really buy back the shares. Don't be fool by him.
I have researched and followed this counter. The directors have been acquiring mother. They only dispose warrant. Which means there is value to the mother. Possibly dividend, bonus or corporate exercise. Even without those, the fundamental is sound. With fixed revenue stream from their JV with malton for absolutely no cost apart from providing land and their sold out Aurora Sovo, the current PE of less than 5 shows how severely undervalue this counter is. Recommendation is to buy and hold mid term. 1st TP 1.80.
Agree with ImCK. Insas has their own shareholders to answer to. They would not consistently make acquisition in a non-performing entity unless they are sure the returns would allow them to book in profit for the financial year. Even if the price continues to drop, it would only offer more value on the table as the revenue stream for HoHup in the next few years is secured.Less said the better. Time will tell just as I have proven my calls with Mitra.
yea mitra many ppl miss it when it was 0.90 this year said apa apa cannot handle big project later sure quit final how ? shoot up lo EPF also join to be shareholder hohup have good track record somemore insas is a superbrand as they have make the share market legend - inari almost 600% return
dont belive those sinkalan you will miss many like superln iqgroup mitra
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....
Chentrader
19 posts
Posted by Chentrader > 2015-03-20 17:14 | Report Abuse
everyday drop a bit, how ?