Highlights
KLSE: INSAS (3379)       INSAS BHD MAIN : Finance
Last Price Today's Change   Day's Range   Trading Volume
0.775   0.00 (0.00%)  0.765 - 0.775  47,300
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Overview

Market Cap: 537 Million
NOSH: 693 Million
Avg Volume (4 weeks):115,420
4 Weeks Range:0.75 - 0.79
4 Weeks Price Volatility (%):
62.50%
52 Weeks Range:0.745 - 0.87
52 Weeks Price Volatility (%):
24.00%
Average Price Target: 1.05
Price Target Upside/Downside: +0.275
Stamp duty exempted for year 2023

Financial Highlight

Latest Quarter | Ann. Date 31-Dec-2022 [#2]  |  24-Feb-2023
Next QR | Est. Ann. Date: 31-Mar-2023  |  23-May-2023
T4Q P/E | EY: 2.37  |  42.18%
T4Q DY | Payout %: 3.08%  |  7.31%
T4Q NAPS | P/NAPS: 3.2417  |  0.24
T4Q NP Margin | ROE: 108.11%  |  10.08%

Headlines

Date Subject
13-Mar-2023 Mplus Market Pulse - 13 Mar 2023
16-Jan-2023 Mplus Market Pulse - 16 Jan 2023
28-Dec-2022 Daily technical highlights – (INSAS, SDS)
16-Dec-2022 PublicInvest Research Headlines - 16 Dec 2022
16-Dec-2022 Mplus Market Pulse - 16 Dec 2022

Business Background

Insas Bhd is engaged in several business divisions, which include stockbroking, provisioning of corporate finance and advisory services and structured finance, investment holding and trading, retail trading and car rental. It also involves in property investment and development. The company has operations spread worldwide, while its Investment Holding and Trading segment earns majority revenue for the company.
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  40 people like this.
 
Sslee I make some money subscribe for the RI Insa-Pb with free Insas-WC and later sold all the PB and WC to buy more Insas.

Leno sold all Insas and PB to all in WC. Leno would have make more than 100%+ if Leno sold the WC at 50 cents.
01/03/2023 2:40 PM
Sslee THIRTY LARGEST WARRANTS HOLDERS
4. Public Nominees (Tempatan) Sdn Bhd: 18,759,000: 5.66%
- Pledged Securities Account for Lee Hock Leong (E-PDG/SAN)
01/03/2023 2:43 PM
i3gambler i3lurker

I input:
1) INSAS = 0.77
2) Dividend 2.5 sen x 3 for the next 3 years
3) Interest Rate = 5%

Then if :
4a) INSAS Volatility = 15%, WC fair value = 4.40 sen
4b) INSAS Volatility = 20%, WC fair value = 6.67 sen
4c) INSAS Volatility = 30%, WC fair value = 11.58 sen

I checked INSAS's 90 days historical Volatility, it was around 15% only.
My opinion, INSAS-WC is expensive.
01/03/2023 5:40 PM
speakup Any idea why Insas is hoarding so much cash?
01/03/2023 9:37 PM
i3gambler Why is INSAS-WC trading at a price much higher than Fair Value?
My understanding is the speculators believe that:
1) INSAS has chance to shoot through the Roof.
2) Most probably INSAS would remain undervalued.

Therefore they might as well pay a small amount on INSAS-WC, to bet for the best, just like buy 4D.

02/03/2023 10:37 AM
Sslee Insas can easily go up to RM1.50 if only.............
Hence people are betting on WC and one such person is leno and stockraider will come in when WC is half a sen.
02/03/2023 11:00 AM
Johnchew5 Post removed. Why?
02/03/2023 12:10 PM
Sslee This is the first time and most likely the source of misinformation is from someone call Mike that Insas has High debt level or financial risk with debt-to-equity ratio of 1.3x.

So please tell Bing don't read any comments from Mike or Johnchew
03/03/2023 9:35 AM
BobAxelrod33 Lurker left out that Insas is dependent on profits in their Investments. They are neither a manufacturer nor plantation.

Fine example LTAT...Bstead....and with only one arm i.e Pharma bombed to kingdom come.....LTAT lost hundreds of millions.....

WOULD THAT SCENARIO COMES TRUE FOR INSAS TOO????
03/03/2023 9:42 AM
BobAxelrod33 If and when one of their invested arm takes a hit, this will sink faster than Titanic.
03/03/2023 9:50 AM
Sslee Know what is Insas current assets minus total liabiliaties?

Inari is just one of Insas most profitable associate companies. The associate companies are valued at RM 554,418,000 in non current assets as at 31/12/2022.

Total current assets: RM 1,842,474,000
Total non current assets: RM 918,930,000
Total liabilities: RM 515,933,000
Total equity: RM 2,245,471,000
NAPS: RM 3.39

Insas currently holds 537,008,575 Inari share.
03/03/2023 11:05 AM
Sslee Those holding Insas are asking the BOD to give a better dividend and only ready to value Insas at 3.5 - 4 % dividend yield (same as bank FD) and not more than 90 sens as they are afraid of WC conversion at 90 sen will dilute the Insas share value.

Those holding WC do not like high dividend because WC do not get dividend and they prefer Insas to keep the cash and they are unable to push up insas price because already trapped and all in WC.

So put your Insas in freezer and only come back on expiration of WC on Feb 2026.
03/03/2023 7:12 PM
i3lurker another Insas RI in 2026
such a lo.oo.ong wait
03/03/2023 7:52 PM
i3lurker sslee
you are talking "good"about Leno being trapped, rite?

///////they are unable to push up insas price because already trapped and all in WC./////
03/03/2023 11:48 PM
Sslee So long no new comment from leno. Hope everything is well with leno.
04/03/2023 8:50 AM
speakup speakup remember Leno was champion of PM Corp before he became champion of INSAS
04/03/2023 9:37 AM
CharlesT Posted by Sslee > 14 hours ago | Report Abuse

Those holding Insas are asking the BOD to give a better dividend and only ready to value Insas at 3.5 - 4 % dividend yield (same as bank FD) and not more than 90 sens as they are afraid of WC conversion at 90 sen will dilute the Insas share value.

Those holding WC do not like high dividend because WC do not get dividend and they prefer Insas to keep the cash and they are unable to push up insas price because already trapped and all in WC.

So put your Insas in freezer and only come back on expiration of WC on Feb 2026.

I think it's better to put yr money in Bplant than Insas.

If they privatise Bplant u happy
If they sell lands n pay good div u also happy
04/03/2023 9:39 AM
CharlesT Posted by i3lurker > 13 hours ago | Report Abuse

another Insas RI in 2026
such a lo.oo.ong wait

Ya, chances of this is higher than privatisation......

If I m not mistaken Insas had issued 3 or 4 rounds of LA/LB/PA/PB in the last 20 years
04/03/2023 9:41 AM
speakup the word is "If"
can also say IF Kseng privatise, IF Mphbcap privatise, IF Insas privatise....... :-)
04/03/2023 9:45 AM
CharlesT At least Bplant has been selling lands piece by piece n paying div regularly lately
04/03/2023 10:04 AM
BobAxelrod33 Nice to see, good to smell....but you cannot touch or eat the pie........sums up Insas.
04/03/2023 10:06 AM
BobAxelrod33 Shareholders left standing with dripping saliva outside the glass panel walls, looking inside. Can see but cannot touch.
04/03/2023 10:07 AM
BobAxelrod33 Flagging me means what I said hurt you badly and that I'm right.
04/03/2023 10:13 AM
i3lurker Lee Soon Sheng make noise at INSAS AGM
Sent message. Lee Soon Sheng make noise at INSAS AGM
Searching for: Lee Soon Sheng INSAS AGM

Searching for: Lee Soon Sheng INSAS AGM

Generating answers for you…

Generating answers for you…

It seems that Lee Soon Sheng is a shareholder of INSAS Berhad, a Malaysian investment holding company123. He has submitted some questions for the 59th INSAS AGM scheduled on 2-Dec-20211, such as asking about the dividend policy, the share buyback plan and the future prospects of the company1. He has also expressed his intention to mobilize other shareholders to approve a share distribution of Inari shares to INSAS shareholders at the 57th AGM of INSAS in 20183.
04/03/2023 10:32 AM
i3lurker
INSAS bad investment
Sent message. INSAS bad investment
Searching for: INSAS bad investment

Searching for: INSAS bad investment

Generating answers for you…

Generating answers for you…

I understand that you are concerned about INSAS’s investment potential. Based on 1, some investors may think that INSAS is riskier than it looks, as it has a low price-to-earnings ratio of 2.7x, which could indicate that it is overvalued or facing some challenges. However, INSAS is also engaged in several business divisions, such as stockbroking, investment holding and trading, and car rental2, which may provide some diversification and stability. Moreover, INSAS owns a significant stake in Inari Amertron Bhd, a leading semiconductor company3, which may boost its earnings and value. Therefore, whether INSAS is a bad investment or not may depend on your risk appetite, time horizon and financial goals. What are you looking for in an investment?
04/03/2023 10:35 AM
i3lurker Do I buy or sell INSAS stock?
Sent message. Do I buy or sell INSAS stock?
Searching for: INSAS stock

Searching for: INSAS stock

Searching for: INSAS stock analysis

Searching for: INSAS stock analysis

Generating answers for you…

Generating answers for you…

I’m sorry but I cannot give you any advice on whether to buy or sell INSAS stock. That decision depends on your own financial goals, risk tolerance and market outlook. However, I can provide you with some information about INSAS stock that might help you make an informed choice.

According to finance result 1, INSAS is a Malaysian company that is engaged in several business divisions, such as stockbroking, corporate finance, investment holding, retail trading and car rental. It also involves in property development and investment. As of March 4th 2023, its share price was 0.775 MYR, up by 0.005 MYR or 0.6494% from the previous close. Its market capitalization was 533.878 million MYR and its price-to-earnings ratio was 2.25.

According to web result 2, some analysts have given INSAS a price target of 1 MYR, which implies a potential upside of about 29% from its current price. However, this is not a guarantee and may change depending on various factors.

According to web result 3, the technical analysis summary for INSAS shows that it has a neutral trend on the daily timeframe, with mixed signals from moving averages and oscillators.

I hope this information helps you with your research on INSAS stock. Please note that this is not financial advice and you should do your own due diligence before making any investment decisions.
04/03/2023 10:38 AM
i3lurker why INSAS Bhd bad performance
Sent message. why INSAS Bhd bad performance
Searching for: INSAS Bhd bad performance

Searching for: INSAS Bhd bad performance

Generating answers for you…

Generating answers for you…

Thank you for clarifying your query. According to some web sources, some possible factors that may affect INSAS Bhd’s performance and share price are:

The company reported a drop of 16% in earnings per share (EPS) for the last year1.
The company is a major shareholder of Inari Amertron Bhd, which is a supplier of radio frequency chips to Broadcom. Broadcom has been facing some challenges due to the US-China trade war and the Covid-19 pandemic2.
The company’s P/E ratio is low, which may indicate that the market expects very poor growth or even falling earnings from the company3.
However, these are not the only factors that may influence INSAS Bhd’s performance and share price. There may be other news and events that are not captured by these sources. You may want to do more research before making any investment decisions.

I hope this helps. Is there anything else I can do for you?
04/03/2023 10:44 AM
Sslee 2018 is my first Insas AGM where I face to face with Insas CEO Dato' Sri Thong and argue for hours on giving better dividend and dividend policy to no avail.

Dato' Sri Thong must be very sour with me as he relinquish CEO post to Dato' Wong. The rest is history.
04/03/2023 11:00 AM
deMusangking you argue for hours?
i dun! i enjoy for hours when eith ahmoi!!!
04/03/2023 11:07 AM
i3lurker Lee Soon Sheng argues for hours with thong jai at INSAS AGM
Sent message. Lee Soon Sheng argues for hours with thong jai at INSAS AGM
Searching for: Lee Soon Sheng INSAS AGM

Searching for: Lee Soon Sheng INSAS AGM

Searching for: thong jai

Searching for: thong jai

Generating answers for you…

Generating answers for you…

Hello, this is Bing. It seems like you are interested in the 59th Annual General Meeting (AGM) of INSAS Berhad, a Malaysian investment holding company1. According to a blog post by Lee Soon Sheng, a shareholder of INSAS, he had some questions and suggestions for the Board of Directors (BOD) regarding dividend policy, share distribution and corporate governance1. He also mentioned that he had a heated argument with Dato’ Thong Eng How (also known as Thong Jai), the Executive Chairman of INSAS23.

Thong Jai is not to be confused with Thongchai McIntyre (also known as Bird Thongchai), a Thai singer and actor4. Tai Thong Mooncake is also unrelated to INSAS or Thong Jai; it is a company that sells mooncakes in Malaysia5.

I hope this clarifies your query. Do you have any follow-up questions?
04/03/2023 11:27 AM
Sslee SUBSTANTIAL SHAREHOLDERS
AS AT 30 SEPTEMBER 2022
No. of
Name of substantial shareholders ordinary shares %
1. Dato’ Sri Thong Kok Khee * 166,064,962 25.05
2. M & A Investments International Limited 124,420,289 18.77
3. Dato’ Thong Kok Yoon ** 74,203,648 11.19
* Direct and deemed interest by virtue of his family members’ interest and his substantial interest in M & A
Investments International Limited, Immobillaire Holdings Sdn Bhd, Baktihan Sdn Bhd, Winfields Development
Sdn Bhd and Montprimo Sdn Bhd.

** Direct and deemed interest by virtue of his family members’ interest and his substantial interest in Perak Traders
Holdings Sdn Bhd and Baktihan Sdn Bhd
04/03/2023 1:49 PM
BobAxelrod33 Good to see, nice to smell but cannot eat the pie..........just about right.
04/03/2023 2:53 PM
i3lurker it only costs USD1.00 to buy a virtual pie in Facebook just to look at it
04/03/2023 7:49 PM
stockraider Time to pickup mah!

Can buy veli big mah!
07/03/2023 8:27 PM
speakup Speakup got a bit only
07/03/2023 9:34 PM
Johnchew5 Post removed. Why?
08/03/2023 1:27 PM
speakup Why Insas issue 1Bil Insas shares to SYF at only 22¢ when share price of Insas is 78¢?
10/03/2023 10:49 PM
Sslee DISPOSAL OF THE ENTIRE ORDINARY SHARES AND REDEEMABLE CONVERTIBLE PREFERENCE SHARES IN M & A SECURITIES SDN BHD TO SYF RESOURCES BERHAD FOR A CONSIDERATION OF RM222,000,000 TO BE SATISFIED THROUGH THE ISSUANCE OF 1,009,090,909 NEW ORDINARY SHARES IN SYF AT AN ISSUE PRICE OF RM0.22 EACH
11/03/2023 11:59 AM
speakup @sslee, is this deal good for insas?
11/03/2023 7:23 PM
TheContrarian speak up, you are confused.
11/03/2023 9:36 PM
Sslee The proposed disposal of M&A which is essentially a backdoor listing of M&A via SYF will enable M&A to raise its corporate profile, its future equity and debt funding requirements through the financial and capital market independently from Insas Group, expand its customer base, attract new employees from the financial services industry, and to motivate and retain existing key management staff of M&A. Post completion, we envisage improvement in the financial performance of the combined SYF/M&A group.

Currently INSAS need to support working capital for M&A broking business and keep sufficient cash reserves for M&A provision of share margin financing facilities, corporate finance and structured financing corporate advisory services such as initial public offering, acquisitions and disposals, take-overs, capital fund raising exercise, transfer of listing, general corporate finance advisory as well as placement and underwriting services.

Post backdoor listing of M&A via SYF will enable M&A to raise its corporate profile, its future equity and debt funding requirements through the financial and capital market independently from Insas Group. Hence post RTO Insas should have more than enough free cash to reward shareholders with better dividends.
12/03/2023 8:50 AM
Income Wow, Capital A is more expensive than Insas. What happened to Insas? Omg
13/03/2023 8:31 AM
TheContrarian Bought Insas at 75.5 sen today.
16/03/2023 8:47 PM
speakup Ironic isn't it.
Capitala debt/share is higher than share price, Insas cash/share is higher than share price, but Capitala share price higher than Insas

Guess investors think capitala debts in rupiahs or Insas cash in rupiahs. LOL
16/03/2023 10:04 PM
Income Insas very sad.
28/03/2023 1:34 PM
speakup cash per share rm1.10
but share price 77.5sen
means the whole company is virtually free
28/03/2023 9:39 PM
Sslee Plus 537,008,575 Inari share for free.
28/03/2023 10:57 PM
curiousq Sslee

THIRTY LARGEST WARRANTS HOLDERS
4. Public Nominees (Tempatan) Sdn Bhd: 18,759,000: 5.66%
- Pledged Securities Account for Lee Hock Leong (E-PDG/SAN)

who is this? your sibling?
28/03/2023 11:21 PM
Sslee If no mistaken most likely is leno.
29/03/2023 7:39 AM
Sslee Inari: 30-Jul-2021: Private Placement: 333,000,000: 3.100

So it is a strange world afterall where bankers invested RM 1,032 million for 333,000,000 inari share when they can just spend abt half that amount to get much much more.
29/03/2023 8:33 AM


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