Insas... worth the money?

It seems to me that Insas has been oversold lately...those who are still holding it probably would have given up by now... however, it will be likely for this counter to hit the spotlight again in the future...$0.60 is about to be breached. 100 days SMA is barely able to support. I think those who holds this stock or it's warrant should monitor closely and buy when the stock breaks below that price... you don't wanna missed the chance to get a place when the boat u-turn and makes it's trip back to north.

Accumulation time for INSAS-WA?

Insas-wa has dropped more than 50% of it's value since it's peak this year at $0.58.

With an exercise price of $1, ex ratio of 1:1 and lastly about 1 year and 10 months to expiry...this warrants still look interesting to me...

Why?

1) Has about bottom out at current price of $0.22... rock solid support at $0.20.

2) KLCI will rise in due time and insas will reap once investors returns to the market.

3) Chartwise I would like to say a mini-bullish engulf appeared, potentially ending the bear's reign.

4)With time at it's side, though very much under water for now. I think it's worth considering for long term investor.

Don't under estimate this counter...cheap and offer high leverage. Well, that's my view...

INSAS hitting the bottom yet?

Just a month+ back this stock staged a run up of about 250% before it succumbed to profit takings and followed by the vicious Feb 28th crash which wiped out almost 50% more of it's share price from it's 6-year high of ~$1.07. Is the worst over for this stock? Well, many stocks have recovered well from the crash on feb 28th but this stock seems lagged behind.
With the 9mp and IDR being the main focus of late, we should realize that as much as we want to believe that ctrs like tebrau, uem world, mulpha and ekovest will have relatively high ceiling/ target price due to their involvement in the IDR and 9mp, they cannot continue to run up north non stop.
In the stock market, funds move from 1 sector/counter to another and it'll come a day for a stock like insas to move aggressively again. Having posted a remarkable year-to-year profit last year, there's no doubt that this stock will continue to gain interest in near future particularly it's warrant which expires in about 2 years time. With a strong support level at 0.695, there should be limited down side for this stock given the current market situation. Worth to take a look if, you're considering to park your spare cash elsewhere for another handsome gain in the near future...

just my 2 cents worth...