Highlights
KLSE: INARI (0166)       INARI AMERTRON BHD MAIN : Technology
Last Price Today's Change   Day's Range   Trading Volume
1.83   0.00 (0.00%)  1.82 - 1.86  7,099,900
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Overview

Market Cap: 5,808 Million
NOSH: 3,174 Million
Avg Volume (4 weeks):12,357,876
4 Weeks Range:1.54 - 1.86
4 Weeks Price Volatility (%):
90.62%
52 Weeks Range:1.22 - 2.56
52 Weeks Price Volatility (%):
45.52%
Average Price Target: 1.86
Price Target Upside/Downside: +0.03

Financial Highlight

Latest Quarter | Ann. Date 31-Dec-2018 [#2]  |  21-Feb-2019
Next QR | Est. Ann. Date: 31-Mar-2019  |  22-May-2019
T4Q P/E | EY: 25.53  |  3.92%
T4Q DY | Payout %: 3.36%  |  85.83%
T4Q NAPS | P/NAPS: 0.3516  |  5.20
T4Q NP Margin | ROE: 18.97%  |  20.39%

Headlines

Date Subject
19-Apr-2019 Inari Amertron - Improved 5G visibility after Apple-Qualcomm settlement
19-Apr-2019 Stocks on Radar - Inari Amertron (0166)
19-Apr-2019 [转贴] 天哥讲股 第3集(VIDEO) INARI ~ 第一天
16-Apr-2019 上升股:益纳利美昌阻力RM1.88
16-Apr-2019 Daily Technical Highlights – (PUC, INARI)
03-Apr-2019 Inari Amertron Berhad (KLSE) #FundamentalDaily - YAPSS
29-Mar-2019 Technology - Machines Retaining Shiny Appeal
27-Mar-2019 Trading Stocks - Inari Amertron
27-Mar-2019 益纳利美昌上挑RM1.70/敏源
25-Mar-2019 Daily Market Update - 25 Mar 2019 (INARI, SUNREIT)
22-Mar-2019 Daily Technical Highlights – (INARI, DBHD)
18-Mar-2019 Invest Malaysia 2019 - Research Guide by Maybank IB
07-Mar-2019 Trading Stocks - Inari Amertron
07-Mar-2019 Daily technical highlights – (INARI, SEACERA)
07-Mar-2019 Daily Market Update - 7 Mar 2019 (INARI, SUNCON)
26-Feb-2019 益纳利美昌 下半年业绩料平淡
25-Feb-2019 Inari Amertron - Geared for the long haul
24-Feb-2019 益纳利美昌 短期前景谨慎
23-Feb-2019 [转贴] [Facebook live:浅谈Inari Amertron bhd (Inari)] - James的股票投资James Share Investing
22-Feb-2019 Inari Amertron - Guiding for a Flattish 2HFY19

Business Background

Inari Amertron Bhd is a Malaysia-based investment holding company that is principally engaged in the outsourced semiconductor assembly and test services and electronics manufacturing services industries through a number of subsidiaries. The company’s business segments include an electronic manufacturing services segment, an original design manufacturer of electronic test and measurement equipment segment, and an investment holding segment. The electronic manufacturing services segment contributes the majority of total revenue. The company has a business presence in Malaysia, Singapore, China, Philippines, Taiwan, and elsewhere, with Singapore accounting for most of its total revenue.
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  52 people like this.
 
BenPg Can Inari break above 1.70 on Monday ?
Is Time to fly higher
07/04/2019 10:46 AM
oregami why so short-term focus on March Monday? 5G is a very long story. Got 6G or not?
07/04/2019 11:58 AM
KAQ4468 waaaaaaaa

8 kupang

8 kupang

8 kupang


kah kah kah
08/04/2019 5:24 PM
Johnfatt both KSP and EPF from net buying to net selling within 3 months, good job!
09/04/2019 2:40 PM
BursaTornado I took profit first. Will buy back after quarterly report.
10/04/2019 10:06 AM
kyy_superinvestor inverted h&s formed and ichimoku cloud shown strong buy
12/04/2019 11:19 AM
Patrick13 KUALA LUMPUR: Inari Amertron will benefit from the roll-out of the 5G network and infrastructure, UOB Kay Hian Malaysia Research says.

It said on Friday that although FY19 will be a transition year for Inari for both its existing and new businesses, the group’s medium-term outlook remains promising, underpinned by 5G.

“Besides new 5G smartphones (on multifold increase in RF filters), Inari will also benefit from the inevitable growth in 5G infrastructure with its expertise in fibre-optics chips and optoelectronics. Any share price weakness presents buying opportunity. Maintain Buy. Target price: RM1.80,” it said.

UOB Kay Hian Research said while Inari’s utilisation rate for RF testers (42% of group revenue) is only hovering at 60-65%, the group remains committed to its key customer’s capacity expansion plan (testers are consigned by this key customer) which will see additional testing capacity being added by 2019.

“We are particularly positive on this as this implies that Inari’s RF customer is expecting a significant uptick in RF demand, likely from the imminent convergence of 5G, which would also directly benefit Inari given its niche-services in this space.

Samsung’s latest introduction of the Galaxy S10 (5G) kick-started the 5G wave, and other premium smartphone brands will have to follow suit by introducing 5G phones either by this year or latest by next year, despite 5G telecommunications infrastructure still being at its infancy stages.

While 5G phones could have a marginal earnings impact on Inari at the early stages (due to the phones’ high price points), the group’s major customer continuously consigns RF testers to Inari despite the current low utilisation rate of testers at 60-65%.

This suggests this major customer could be anticipating a sharp uptick in RF filters requirements once 5G takes off, which will require a multifold increase in RF filters for smartphones.

UOB Kay Hian Research said aside from Samsung, the US and Chinese premium smartphone players would be following suit and this would also lend strength to Inari’s RF demand.

Besides a multiple-fold increase in RF filters expected in the new 5G smartphones, Inari will also benefit from the inevitable growth in 5G infrastructure with its expertise in fibre-optics chips and optoelectronics.

The research house said time was needed for its new business with a German customer.

“For its existing operation, Inari’s new products ramp-up for this customer, that is, 2D and 3D FR sensors, health sensors, and mini LEDs are still on modest volume.

“With the recent takeover talks by private equity firms alongside lower earnings forecast mentioned in an ad-hoc statement by this customer, we also do not discount the potential slowdown in the new business development between Inari and this customer.

“Note that Inari now expects to obtain the new P34 plant’s (680,000sf) certificate of completion and compliance (CCC) in June 2019 (instead of expediting by April 2019), with the exact timing for the commencement of production still in discussion at the moment.

“All said, we believe Inari is the frontrunner to benefit from the outsourcing model by this customer should the latter adopt such modus operandi to boost its margins,” UOB Kay Hian Research said.

https://www.thestar.com.my/business/business-news/2019/04/12/rollout-of-5g-to-boost-inari-amertron-prospects-says-uob-kay-hian/
12/04/2019 9:38 PM
Patrick13 Despite a tepid year ahead due to lower sales for the radio frequency segment (RF) amid weak smartphone shipment at key end-customers, AllianceDBS Research has upgraded Inari Amertron Bhd to a “Buy” with a higher target price of RM2, from RM1.60 previously, as it views ample upside opportunities moving forward, especially from the introduction of 5G technology.

In a note today, the research firm said while the stock has corrected by 35% from its 2018 peak and its share price might still be dampened by near-term quarterly earnings weakness, this could provide the opportunity for investors to accumulate.

It added that the recovery in the radio frequency (RF) segment — tracking Broadcom’s guidance — and Inari securing new businesses for its new P34 plant in Batu Kawan, should also progressively take place towards end of second half of this year.

“Looking beyond the current transition phase, we believe investors will start to appreciate the 5G growth potential for Inari, once the technology is progressively being ramped up in new smartphone models.

“In our forecasts, we expect Inari’s radio frequency segment to grow by 15%-17% from financial years 2020 to 2021 (FY20-21), recovering from the dip in FY19. This is also partly helped by the expectations that Broadcom would regain the market share that it lost to competitors.

“This should also help to boost Inari’s valuation, which is currently trading at its mean of about 17.5 times calendar year 2020 price-earnings ratio (PER),” its analyst Toh Woo Kim wrote, adding that the higher-than-consensus PER is as he believes its valuation will re-rate, once Inari’s RF segment returns to growth trajectory.

Shares of Inari were traded unchanged at RM1.64 as of writing, for a market capitalisation of RM5.21 billion.

https://www.theedgemarkets.com/article/alliancedbs-upgrades-inari-raises-target-rm2
12/04/2019 9:41 PM
bahai4453 Ding-dong at 1.60 -1.68. Just wonder when it hit 2.00. This month will be the last month of the year to watch Inari Amertron perform ! Hope I'm not wrong. I hate to involve myself with EPF invested counter. They are the God of crane (鹤神)。
12/04/2019 11:33 PM
DawnRaider Wow big push today! Up at 1.76 highest. What’s going on?
15/04/2019 9:39 AM
kyy_superinvestor read my previous comment


kyy_superinvestor inverted h&s formed and ichimoku cloud shown strong buy

12/04/2019 11:19 AM
15/04/2019 9:41 AM
kyy_superinvestor now retrace....btter buy now or never
15/04/2019 9:43 AM
oregami wb no premium? :(
15/04/2019 9:44 AM
nckcm Wa wa wa epf to the rescue !
15/04/2019 11:40 AM
oregami crossing 200ema today
15/04/2019 2:31 PM
sinyc My friends already received the notice of conversion for the Inari-WB warrants and have executed. I have not received mine. How do I go about it? I traded using CIMB Itrade. Sorry for noob question.
15/04/2019 3:04 PM
yorkyork Friday news, trump want American company pick up 5g and lauch it in year end.
15/04/2019 3:06 PM
kyy_superinvestor contact ur remieser or cimb investment bank helpline ba...
15/04/2019 3:07 PM
Wuzy Rocket fly, always buy good fundamental stock and hold =)
15/04/2019 3:58 PM
ramada Gain 11 sen. Very good.
15/04/2019 6:16 PM
oregami why so early convert? still got 10months time value
15/04/2019 6:45 PM
RPH02 Tomorrow drop 1.67 me want buy little big..... Just Want 1cups coffee.
15/04/2019 10:24 PM
kyy_superinvestor short term tp 1.83
16/04/2019 1:23 PM
oregami u will need to revise tp by tomorrow. kikiki...
16/04/2019 3:14 PM
KingBursa2019 waaaaaaaaa
16/04/2019 3:15 PM
param54 tomorrow break 1.80 upwards
16/04/2019 6:00 PM
Jason Gan Tp 2.23~~
16/04/2019 9:55 PM
slng probably good time to set new TP https://www.theverge.com/2019/4/16/18410985/apple-qualcomm-settle-royalty-dispute-patent-licensing-terms-high-fees
17/04/2019 9:00 AM
yorkyork 2年翻2倍
17/04/2019 11:59 AM
lai81533 Strong momentum
17/04/2019 8:06 PM
Davino Can Besok sambung goreng, jangan tak goreng
18/04/2019 1:42 AM
yorkyork QUALCOMM from 51 up to 80 in 2 days. after agree sell 5g to apple.
18/04/2019 10:19 AM
Jaden Run lo 1.80.. want wait below 1.00 baru sell ?
18/04/2019 11:34 AM
nckcm Epf selling to u guys...
18/04/2019 11:46 AM
Davino Can Beware, may marker fearsome cumming soon.
18/04/2019 2:28 PM
Jason Gan Scare no buy~buy no scare~5g den 6g.scare wud
18/04/2019 2:33 PM
kyy_superinvestor congratulate to all who following ah pek....kekeke
18/04/2019 2:58 PM
trap666 up up up !
18/04/2019 5:24 PM
DawnRaider https://www.soyacincau.com/2019/04/17/5g-ready-iphone-may-come-sooner-than-expected-as-apple-and-qualcomm-revive-relations%EF%BB%BF/
18/04/2019 7:21 PM
DawnRaider Even proton creating 5g-enabled autonomous car

https://www.malaymail.com/news/malaysia/2019/04/18/this-5g-connected-proton-exora-can-drive-by-itself-video/1744348
18/04/2019 7:37 PM
Kengor inari 666
18/04/2019 11:54 PM
CaptainMarvel Inari gogoggo
19/04/2019 12:03 AM
CaptainMarvel 2.00 plus is coming
19/04/2019 3:08 AM
apple168 Director was selling yesterday!
19/04/2019 7:50 AM
apple168 THONG KOK KHEE, director, sold 2,000,000.000 share in open market!
19/04/2019 7:51 AM
apple168 https://windscopo.blogspot.com/2019/04/3video-inari.html?m=1
19/04/2019 8:02 AM
JimmyChong5511 sell before epf
19/04/2019 9:20 AM
kyy_superinvestor anyone remember frontken scenario? Director keep selling but its price keep rise until....ah pek feel that this counter will fly to the sky soon....kekekeke
19/04/2019 11:45 AM
kyy_superinvestor https://klse.i3investor.com/blogs/AmInvestResearch/203034.jsp see this tp recommended by AMinvest....and then compare with this https://klse.i3investor.com/servlets/ptres/50035.jsp
19/04/2019 12:00 PM
kyy_superinvestor ah pek so confuse la...kekeke
19/04/2019 12:01 PM


 

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