After yesterday doji, today stock prices expected to move wildly!

3.20!

So ganas in the morning!

Today created long legged doji, indirectly creating aggressive trading for the next few days :)

FYI, CA, LA, WA, WB etc. are all money making tools on top of its mother share! It's what we called high risk high gain, no risk no gain! LOL

INARI-CA

The price at which the warrant holder can buy the underlying stock is called the exercise price or strike price. This strike price is often set "out-of-the-money," i.e., it is fixed at a certain percentage above the current trading price of the underlying stock.

The inclusion of a call warrant feature may enable the company to lower the cost of its debt. The risk of potential equity dilution to the issuer, in the event of all the warrants being exercised, is more than offset by the additional equity capital available to the company at no additional cost, an especially important consideration during periods of severe stress in financial markets.

While a call warrant has a strike price and expiration date just like an option, there are some fundamental differences between the two. Warrants are issued by companies, while exchange-traded options are listed by an exchange. Warrants also have much longer expiration periods than options.

Closing 3.11

voonyoke, today will probably close doji or long white candle, it indicates a bull run starting tomorrow onwards!

Sellers are cleared out! Now it rebound maybe to finish up today!

4.00pm the rebounce hour!

slts, where ur 2.40?

coming up 4.00pm the rebounce hour!

either WA or WB

Those who bought this morning, YOU ARE TRULY A CHAMPIONS! SURELY VERY SURELY U UNTUNG KAW KAW OREDI!

must also thanks to market sentiment, index up a lot today

3.10, coming back strongly!

Gap down becoming zoom up! LOL

Today closing will up! U gotta believe it!

rosetan, congrats, u comperm untung banyak!

wohooo, today gap down!

http://www.thestar.com.my/Business/Investing/2014/07/07/Affin-Research--maitnains-Buy-onINari/

http://www.theedgemalaysia.com/business-news/297662-hlib-research-maintains-buy-on-inari-ups-target-price-to-rm341.html

Dun worry, everything is going to be alright! :)

What are the risks?

It is easy to be enticed by shares offered at a discount, but shareholders should not assume that they are getting a bargain. An informed decision should be made by looking at the rationale behind the fund raising exercise.
A company may use a rights issue to cover debt, especially when they are unable to borrow money from other sources. Shareholders should be concerned with whether or not the management are addressing any underlying problems.
If you decide not to take up the rights your overall shareholding in the company will be diluted as a result of the increased number of shares in issue.
If you do not participate in the rights issue within the specified time-frame your nil-paid rights will lapse. The company will sell these entitlements and distribute any net proceeds after deduction of the offer price and costs. The amount of lapsed proceeds, if any, will not be known until the offer has closed. Lapsed proceeds are not guaranteed.
Investments and income arising from them can fall in value and you may get back less then you originally invested.

What are the benefits?

With this type of issue existing shareholders are given 'nil-paid rights' which simply provide the right to purchase new shares at a discount to the market price on a stated date.
Until the date at which the new shares can be purchased, shareholders may trade the nil-paid rights in the same way they would trade ordinary shares.
Some companies that offer a rights issue will use the capital to fund activities such as acquisitions that will afford the company future growth. In order to provide assurance that the required capital will be raised, the company will normally have its rights issue underwritten by an investment bank.

What is a Rights Issue?

When a company needs to raise capital it may choose to create a new block of shares and offer them to existing shareholders at a discount. The announcement of a rights issue will often result in the share price falling initially because the market will question the motives of the company if it needs to raise money but also because the new shares issued will 'dilute' the existing shares. The company's objective is to provide current shareholders the opportunity to maintain their percentage of ownership of the firm.

Some companies will be raising cash to fund expansion or acquisitions, and shareholders may be keen to participate in a compelling growth story. Alternatively, funds may be required to 'strengthen balance sheets'. This could mean that existing lenders want some of their money back or the company wants to avoid breaching covenants on existing loans. This might not be as compelling to investors as a growth story, but the reasons are no less logical.

Inari to raise RM133mil via 1-for-8 rights issue


PETALING JAYA: Inari Amertron Bhd proposes to raise up to RM133.2mil via a renounceable rights issue of up to 88.8 million new shares for its expansion and working capital.

The company said in a statement yesterday that it intended to set aside RM40mil for the expansion of production capacity, including the purchase of land and factories, as well as to expand its existing factories.

It said a further RM40mil would be allocated for the purchase of new equipment and machinery and RM30.5mil for working capital.

“The remaining proceeds of RM22.7mil will be used for defraying bank borrowings and expenses of the rights and free warrants issue,” it said.

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Inari said the 1-for-8 rights issue, at an indicative subscription price of RM1.50 per share, came with one free detachable warrant per rights share at an indicative exercise price of RM2 per warrant.

“The indicative rights issue price represents a 48.5% discount to the theoretical ex rights price of RM2.91, while the indicative warrant exercise price represents a 35.3% discount; both calculated based on the five-day weighted average price of Inari shares up to July 3 of RM3.09 per share,” the company said.

newbirds, need to inform my relatives :) thx for the information

Let's say Based on 3.10 price X 8 lots = RM24800 to buy the share only free 1 unit of right share = RM1.50 X 1 ; warrants = RM2.00 X 1 ..TOTAL FREE: RM3500 (Right share price and warrants is just my assumption price, not final price)

This is another question, let's say we have less than 8 lots of mother share, so we do not entitled for free rights issue and free warrants, do the mother share split?

http://www.theedgemalaysia.com/business-news/297629-inari-amertron-proposes-1-for-8-rights-issue.html

The Edge got coverage on Stock To Watch for INARI

Monday limit up! LOL

Very good, still got good hearted people try to push the price up! Excellent! Hope can close 3.16 today!

showtime after 3.30pm! Big rebound

INSAS up now, INARI should follow suit later

Happy lunching guys and selamat berpuasa to those who puasa

Wait afternoon session

Inari’s latest climb to a new high after moving sideways for two weeks may be a bullish sign. Traders can consider buying if the stock can stay above the MYR3.09 level. The target price is set at MYR3.36, followed by MYR3.47. Failure to hold above the MYR3.09 level may see it drifting back to its short-term neutral trend. Further support may be found at MYR2.99, whereby a breach on closing could trigger a stop-loss.

Slowly but surely going up!

AVGO up 0.96 top 75.25 as of 11.30pm Malaysia Time! Well well, technologies stocks are in bullish mode! Same goes to INARI!

huat2628, 3.50 i sell? U must be joking! LOL! My TP is RM4 and above and it's also depends on terms and conditions!

3.50 should not be a problem this month itself! :)

kemfatt: yes, will treat my parents go for a great holiday and in the same time to treat the charity kids or old folks home for some sponsorship!

lynnNg: Thanks for your compliment, hope u make $$$ too :)

wangge: ok, I will do more charity as I've been doing it previously but less, let me put more effort on this!

kemfatt: hahaha....thousands of thousands is not equal to millionaire or billionaire! The answer is also thousands LOL...ok la, dun wan to be so overexcited lo, trust me, RM3.50 on the way, not excited now maybe excited later :)

up or downs, I've been cheering INARI if you notice...because I know INARI will go up, no matter rain or shine, down or ups, INARI still my best choice, thanks to him I think BUCKBUNNY also going to be a millionaire together with me :)

intro this to my relatives, they bought in periodly between 2.78 and 2.90 that time, all laughing to the bank now. They earns thousands of thousands of ringgit, they even said they wanna treat me but I said no need la, just keep the money to themselves, we both also earn, happy happy ma