Posted by Jay2020 > 2021-08-11 10:43 | Report Abuse

Top up as undervalue …

Posted by justaikanbilis > 2021-08-11 11:23 | Report Abuse

Hello everyone! Come back here because my Inari price alert triggered (RM3.70).
I need to set to the new high price alert, may be RM4.30? :)

Posted by gohkimhock > 2021-08-11 11:32 | Report Abuse

i have also raised my price target to above RM4..

Posted by troy88 > 2021-08-11 11:43 | Report Abuse

Don't know why people panic sell after good QR last week. It has come back to bite them.

Posted by staypositive > 2021-08-11 11:58 | Report Abuse

they are humans, we are superhumans

Posted by keonkx123 > 2021-08-11 12:08 | Report Abuse

Gooshen who?

Posted by Dakewlest > 2021-08-11 12:18 | Report Abuse

Hopefully new high today.

Posted by hoplanner > 2021-08-11 13:34 | Report Abuse

in this chat, Gooshen is getting unnecessary attention and frankly he is very effective to garner everyone commenting about him. He has succeeded indeed! Syabas !!! My only hope is that this forum could move on WITH QUALITY sharing instead of diverting our unPRODUCTIVE comment which do not VALUE ADD to invsmt decision making.

Posted by Targeted > 2021-08-11 13:35 | Report Abuse

Inari's post results Rakuten Webinar is on tonight...........

Heheheheheh....... tomorrow IBs wil re-rate again........
.

Posted by Tirara > 2021-08-11 13:48 | Report Abuse

Wow.. New high... U all hold or take profit?

Posted by dawchok > 2021-08-11 13:49 | Report Abuse

Hold. Above 4.

Posted by shaoha17 > 2021-08-11 14:15 | Report Abuse

just set your profit margin, once reach your margin, just take profit

Posted by balok111 > 2021-08-11 14:54 | Report Abuse

Strong resistance

Posted by llrr77 > 2021-08-11 15:00 | Report Abuse

Suddenly huge selldown
Big discount

Posted by staypositive > 2021-08-11 15:04 | Report Abuse

kwsp wanna sell all tickets haha

Posted by HonLee > 2021-08-11 15:05 | Report Abuse

Gooshit will come out soon..haha

Posted by sabuns > 2021-08-11 15:12 | Report Abuse

IN CONCLUSION: stock market are monopolies by big players. ikan bills like me die on shore.........

Posted by staypositive > 2021-08-11 15:36 | Report Abuse

No matter what Inari will be in KLCI soon. EPF don't kacau lah kiki

Posted by balok111 > 2021-08-11 16:19 | Report Abuse

I think if reach cutloss point, just cut, wait for another chance to masuk.

Posted by wallstreetrookie > 2021-08-11 16:27 | Report Abuse

Will post again. "sees fed taper earliest December 2021." & exceeding 20,000 cases today in Malaysia. Today is just a swing trading day for Bursa technology by local institutions

Posted by Ogopogo > 2021-08-11 16:32 | Report Abuse

all contra kaki start to run before close

Posted by Trader258 > 2021-08-11 16:43 | Report Abuse

Where's the ' own balls ' carrying ' Nasdaq meltdown or big boys selling ' big mouth, GShen...missing in action?.

Posted by akuantiguru > 2021-08-11 17:35 | Report Abuse

he still blocked by admin...i think out soon

Posted by Bgt 9963 > 2021-08-11 17:37 |

Post removed.Why?

Posted by llrr77 > 2021-08-11 17:51 | Report Abuse

aiyo kinda miss GOOSHEN

Posted by Bgt 9963 > 2021-08-11 20:43 |

Post removed.Why?

Posted by pradeep > 2021-08-11 20:44 | Report Abuse

EPF may be selling in block. push to sell. damage done. private placement 3.10 also may be taking profit.

Posted by GooShen1 > 2021-08-11 21:32 | Report Abuse

See big boys keep running away you know already lar !

Posted by awesometrader > 2021-08-12 01:50 | Report Abuse

Keep it up, soon you will be GooShen5G haha

Posted by Firewood1313 > 2021-08-12 03:48 | Report Abuse

Hahahah......this boy boy so childish to spoil the taiko of tech counters in BURSA. Finally got his lesson, kena banned. Today exploring new high, and second session down becoz of those politicians chaos. But, this boy tot he changes to Kusyen38 then nobody knows him. Kind of pathetic.

We expect a bull Thursday on Inari.....3.75 soon.....

Posted by GooShen1 > 2021-08-12 09:22 | Report Abuse

dead cat jump also want happy
See up say up see down say down
Who don’t know oh ?

Posted by GooShen1 > 2021-08-12 09:22 | Report Abuse

Told you mar
Why follow haters and IB call and chase high?
They simply shout those unrealistic tp
If so good, why let you know hor?
Stock market is despicable, don’t be naive

Posted by whytwocare > 2021-08-12 09:51 |

Post removed.Why?

Posted by staypositive > 2021-08-12 09:53 | Report Abuse

haha

Posted by Firewood1313 > 2021-08-12 10:13 | Report Abuse

Why becomes Kusyen 1? Kena kicked out ah? Spit to the sky.....deserves the fate. Stop being childish lah......

Posted by awesometrader > 2021-08-12 12:17 | Report Abuse

When I see down, I buy more, no time to talk. Busy making monies. Sorry

Posted by justaikanbilis > 2021-08-12 12:37 | Report Abuse

@GooShen1 Hello my friend, long time no see! Already changed name is it, what happened to you? Soon they will allowed to cross state, then don't forget to come Penang ya. I treat you Inari shushi, if you cannot eat Inari shushi then we go pekena nasi kandaq la :)

Posted by Mr.Sm Invest123 > 2021-08-12 14:36 | Report Abuse

https://klse.i3investor.com/m/blog/anarchysons/2021-08-11-story-h1569706907-A_Cheaper_Entry_into_Inari_Insas.jsp

Posted by Mr.Sm Invest123 > 2021-08-12 14:42 | Report Abuse

Insas Bhd – tracking Inari’s movement

Glaring us right in the face is Insas Bhd, which owns 16.33% or 545.5mil shares in Inari.

At its price of 93.5 sen as of Aug 11, Insas has a market capitalisation of RM648.28mil.

Insas is controlled by Datuk Seri Thong Kok Khee,

Thong, who also serves as the non-executive director of Inari, owns a direct stake of 0.07% or 2.15 million shares in the company.

Insas has started moving since Inari’s uptrend began two weeks ago. From 88 sen on Aug 3, the stock now stands at 93.5 sen.

Nonetheless on its own, Insas is a decent company with strong financial backing.

Based on its latest cash position of RM573.58mil, the stock has cash per share of 82.7 sen. It is also only trading at a price earnings ratio of 2.66 times.

The stock currently offers a dividend yield of 2.13% based on the 2 sen dividend it gave.

For the nine months to June 30, 2021, Insas has so far recorded net profit of RM217.26mil from a previous loss of RM2.42mil last year. The good results were due to the buoyant capital markets last year, and disposal of shares.

For the third quarter to June 30, Insas’ net profit of RM69.72mil from a previous loss of RM51.48mil was also helped by the higher equity contribution from Inari of RM12.6mil.

Posted by Mr.Sm Invest123 > 2021-08-12 14:43 | Report Abuse

Insas -The Opportunity

Currently, Inari contributes roughly 8 sen operating profit to Insas every year.

Based on Inari’s growth guidance by Inari’s management, this 8 sen contribution should then be expected to double to 16 sen over the next two years.

Meanwhile, Insas’ other businesses in the financial sector, namely corporate advisory, stock broking, financial lending and investments are expected to generate another 9 sen to 15 sen per annum to Insas.

For the nine month period, Insas already generated earnings per share (EPS) of 32 sen.

Based on this EPS of 32 sen:

PE 6X = RM1.920

PE 8X = RM2.560

Now even without taking into account the contribution from Inari, Insas’ own assets amount to RM2.36 per share.

If we were to assume that the fair value of Insas is its net tangible asset plus its 16% holding in Inari, thus Insas’ revised net asset value (RNAV) with Inari will be as follows



1. When Inari RM3.60, Insas is RM5.19



2. When Inari is RM4.00, Insas is RM5.50



3.When Inari is RM4.40, Insas is RM5.88.



For now, Insas is only 93.5 sen.

For those who want an even cheaper entry to Insas, they may consider Insas warrant C which came to life on March 5, 2021.

With a five year lifespan, the warrant has an exercise price of 90 sen. The warrant is currently trading at 40 sen.



Insas’ business

Insas is most known for being the owner of M&A Securities Sdn Bhd, a stock broking company providing trading services for securities listed on Bursa Malaysia.

However, it has other principle business segments which consist of:

stock broking, provision of corporate finance & advisory services and structured finance
investment holding & trading;
technology & IT related services;
retail trading and car rental;
property investment & development.
The group’s main operations are located in Malaysia and Singapore and its principal associate company’s operations are located in Malaysia, Philippines and China.

Posted by stockraider > 2021-08-12 14:50 | Report Abuse

Good luck

Posted by stockraider > 2021-08-12 14:56 | Report Abuse

Insas - A hidden gem and cheaper entry to Inari
Author: HLInvest | Publish date: Thu, 24 Oct 2019, 9:36 AM

Technology and IT-related division is the anchor earnings contributor. INSAS core activity is investment in high growth technology companies in three broad technology sectors namely electronics manufacturing services (EMS), financial transaction processing (“Fintech’) and bio-technology. The major investee companies in the respective tech sectors are INARI, Numoni Pte. Ltd. (“Numoni’) and Sengenics Corporation Pte. Ltd (“Sengenics”).

INARI is involved in the Outsourced Semiconductor Assembly and Test (“OSAT”) industry for radio frequency (RF) products and tailored EMS contract manufacturing to the semiconductor optoelectronic industry. According to earnings consensus, INARI is expected to report earnings CAGR of 23% for FY19-21 on the back of a 20% hike on revenue, driven by an expected surged in related RF components demand to support the growing need for frequency bands and smartphone sales volume in next 5G generation smartphones sales. Apart from RF, the group expects improving sales from the optoelectronics division, driven by resilient demand for fibre optics transceivers and higher sales volume for sensors.

Numoni was originally formed to bring financial inclusion to the under-banked with its Cash-in Cash-out solutions, coinciding with rapid changes in the financial payment industry with the onset of mobile enabled financial technology (“Fintech”) during the last few years. Numoni’s subsidiary in Malaysia, Numoni DFS Sdn Bhd is licensed by Bank Negara Malaysia to conduct e-wallet and remittance businesses.

Sengenics is a functional proteomics company that was originally spun out from research that was originally carried out at Cambridge University in the UK. The company has a patented technology called KREX and has made good progress engaging world renowned customers and collaborators that include top pharma, biotech companies and ivy league-class academic institutions in the USA, Europe and Asia as it expands its footprint in the biomarker industry.

Riding on INARI’s success (contributed average 50% to INSAS FY18-19 earnings). INSAS main asset is its 19% stake or RM1.23bn in INARI, which already exceeded INSAS market cap of RM586m, implying that the market is valuing its other divisions such as Financial service and credit & leasing division; Property investment and development division; Investment holding and trading division; Retail trading and car rental division businesses for free. Meanwhile, INSAS is also holding a 12% stake in HOHUP (RM23m market cap), 10% stake in OMESTI (RM20m market cap), 25% in DGSB (RM18m market cap) and 8% in SYF (RM10m market cap).

INSAS is a cheaper entry into INARI as it is the parent company, holding an effective stake of 19%. Despite being an associate company, INARI contributed approximately 50% of INSAS FY18-19 PBT while the rest are coming from its financial services and credit & leasing, property investment and development, retail trading and car rental as well as investment holding and trading segments. Based on INARI’s current price level, INSAS RNAV is worth at least RM4.12, trading at a steep 79% discount (refer to Figure 5). Even after applying a 30% discount for its liquidity, there is still a 241% upside to INSAS revised value of RM2.88.

Bullish signs ahead after staging triangle breakouts on the daily and weekly charts. After building base above the support trendline from a low of RM0.695 (23 May), INSAS finally staged a long awaited triangle breakouts on its daily and weekly charts this week. The two triangle breakouts could potentially kick start a new upswing soon, supported by positive technical indicators and trending above the multiple key SMAs. Taking out the immediate resistance at RM0.87 (24 July high) would spur prices higher towards RM0.90 (52-week high) next before reaching our LT objective at RM1.00 psychological barrier. Supports are pegged at RM0.815 (200W SMA) and RM0.80 (20W SMA). Cut loss at RM0.78.

Posted by Surge > 2021-08-12 20:39 | Report Abuse

Article in 2019, outdated info

Posted by hoplanner > 2021-08-13 11:21 | Report Abuse

after almost 2 yrs now, where is Insas today? The share price is now where near its RNAV. It's utterly a great disappointment. Buy Inari instead; RM2.07 on 24/10/19 to RM3.56 yesterday.

Posted by stockraider > 2021-08-13 11:26 | Report Abuse

Thats the reason why u should switch to insas instead bcos ....inari is fully valued whereas insas is undervalue mah!

Arbitrage mah...Lu Tau Boh ??


Posted by hoplanner > Aug 13, 2021 11:21 AM | Report Abuse

after almost 2 yrs now, where is Insas today? The share price is now where near its RNAV. It's utterly a great disappointment. Buy Inari instead; RM2.07 on 24/10/19 to RM3.56 yesterday.

Posted by stockraider > 2021-08-13 11:26 | Report Abuse

Good luck!

Posted by Mabel > 2021-08-13 11:40 | Report Abuse

Hmm...based on the Target Price below, Mabel decided to top up another 2000 shares.

Market retrace is an opportunity to collect ..


13/08/2021 3.56 4.15 +0.59 (16.57%) BUY MACQUARIE GROUP
09/08/2021 3.60 4.75 +1.15 (31.94%) BUY PUBLIC BANK
09/08/2021 3.60 4.80 +1.20 (33.33%) BUY KENANGA
09/08/2021 3.60 4.28 +0.68 (18.89%) BUY HLG
26/07/2021 3.38 4.60 +1.22 (36.09%) BUY KENANGA
09/07/2021 3.12 3.81 +0.69 (22.12%) BUY HLG
01/07/2021 3.16 4.00 +0.84 (26.58%) BUY KENANGA

Meow

Posted by llrr77 > 2021-08-13 12:59 | Report Abuse

S0HA1 EPF KEEP SELLING LMAO

Posted by Bgt 9963 > 2021-08-13 13:58 |

Post removed.Why?

Posted by Mrkingstock > 2021-08-13 14:28 | Report Abuse

Buy KENANGA
#predictionhappen