Why not? With RPS at 3.8% yield and free warrants, you can bet against it, the most important thing is that it owns 16.8% of Inari, going forward Inari is going to do well because of OSAT business, moreover share market business also will be doing good with trading value at above 4b ......buy on dips if you have extra funds wants to put as deposit......if the eps is not good, then don’t buy, expect to be good because of Inari..........

ermmm.... Inari just contribute less than 20% to the INSAS revenue (you can got it into annual report just few million contribution to its revenue). The highest INSAS business segment contribution is their Financial and investment services, the only follow by technology segment (majority revenue is came form Inari). So without INARI the group will earn lesser, but with INARI the group will not earn more profit as well. If you buy INSAS due to Inari then better but INARI in my opinion.

Inari’s roic at 27.7%, it’s p/e already 58, moreover the two big shareholders, EPF and KWSP keep selling its shares, and it’s results normally best at third quarter (last quarter), coming results don’t know can sustain or not, the divergence of roic and p/e too wide for me to buy Inari because the risk is high......
As what you say, Insas earnings mainly from financial and trading services, as market still high and daily trading value still above 4b, Insas coming quarter results won’t be that bad, its earnings from Inari is just a bonus......

Siew.....ex 了就没份了，可是可以買它的RPS rights entitlement, 明天上巿，買rights entitlement 就可買RPS, 然后有Free warrants, 很多人不要買，因为还要出一筆錢，如果有多餘的錢，也可買，RPS 是hedge against 大巿跌多...........只是赚年利3.8%及warrants 的价值，Insas 有机会是因为它拥有Inari，而且投行都看好Inari 的前景，上一回出RPS 時，母股曾经炒到1.40 左右！