20070221 There are gems out there, if you look hard enough. Insas Bhd, had a big cash pile and marketable securities, which the reports on Feb 16, reported as RM0.58 per share value in the balance sheet. This cash pile did not materialise overnight by magic. For the astute investor/trader, they would have recognised this one, two or even three years back and could have accumulated a "value investing" position and be well positioned for this current bull market. Insas Bhd was trading between 0.22 and 0.40 in 2006, but yet no one had the foresight to take positions in this stock. As of today it closed at RM0.985. As my friend puts it, "You would be on the air-cond bus and be sitting pretty." There would be no headaches or pressure to get in on the bull market at high prices right now.