AvagoInsider

AvagoInsider | Joined since 2015-09-17

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Stock

2017-02-20 00:25 | Report Abuse

Sanan Optoelectronics had brought over Osram now.
Inari's last hope was gone, no more business from Broadcom, Foxconn and Osram.
Become empty shell company soon, left listed share in market only.

https://www.pressreader.com/china/china-daily/20170214/282106341391586

The EPF just use Inari share to earn money from others.

Stock

2017-02-07 09:07 | Report Abuse

I believe none of you have working relationship with Broadcom and Inari.
Only Apple is using Avago RFIC, Samsung is using Broadcom IC.
Avago have 5 manufacturers, Inari is 1 of them only and get the least order now.
Broadcom have 6 manufacturers.

Inari start Avago RFIC business with 4 factory P1, P3, P5, P8.
Inari brought factory P13 target to get new business from Broadcom but failed, and there in standby condition.
Factory P21 is for Osram, but seem like going to be failed also.
4 factory running business since beginning, who will believe their volume had ramp up?

http://www.inariberhad.com/production.html
And after Foxconn brought over Avago fiber optic project,
Amertron business had been slow down.

Inari had get loan RM 100 million from MIDA last year to start own fiber optic business with PSL.
But anybody see Inari fiber optic product in market?

Please read and analysis those announced fake news in market.
Now the actual Inari share value is less than RM 0.05 after that split twice.

News & Blogs

2017-02-06 08:55 | Report Abuse

http://www.foundpac.com/

Such a low quality product posted on website also get investor?

Stock

2017-02-06 08:53 | Report Abuse

All Joblessrich information are wrong one.
Only Apple Iphone is using Broadcom IC.
Broadcom had tried to get business with Samsung and China brand manufacturer before but failed.
And Inari is not the only one CM to Broadcom.
Due to high defect and customer return rate, Inari getting less order from Broadcom.
That why Inari is focusing to get new project from Osram but seem like going to be fail also.

Stock

2017-02-03 16:48 | Report Abuse

https://www.bloomberg.com/news/articles/2017-02-03/apple-set-to-begin-making-iphones-in-india-by-april-s-end

Trade war starting, Apple setting up factory in India, will move out from China soon.

Stock

2017-02-03 15:31 | Report Abuse

http://www.sinchew.com.my/node/1610855/epf%E6%88%90%E7%9B%8A%E7%BA%B3%E5%88%A9%E5%A4%A7%E8%82%A1%E4%B8%9C

All big share holders had sold out theirs share, make EPF become big share holder right now.
something fishy going on...

Stock

2017-02-03 12:21 | Report Abuse

Bulltrap here...
http://www.bursamalaysia.com/market/listed-companies/company-announcements/#/?=&company=0166&category=all
All directors disposed their share last month.
EPF keep practice buy few and sell much at same day to get profit...

Stock

2017-02-03 10:47 | Report Abuse

Sinchew news was outdated, target price still RM 3.73 ?
Should be divided by 2 = RM 1.865 only, confuse and misleading people again.
Right now who still waiting for Apple new product after Steve Jobs passed away?

Stock

2017-02-02 09:16 | Report Abuse

Foxconn initial factory setup in US, Inari may not longer supply Apple anymore.
https://www.bloomberg.com/news/articles/2017-01-22/foxconn-weighs-7-billion-u-s-factory-with-apple-nikkei-says

China theaten boycott Iphone also.
http://yournewswire.com/china-iphone-trump/

Most of news announce Osram is working with Globetronics.
Can anyone confirm Osram is working with Inari?
http://www.eco-business.com/news/malaysias-led-manufacturers-expand-production-to-meet-global-demand/

Stock

2016-11-21 22:04 | Report Abuse

Inari share units history.
Year 2011 before IPO 241,608,600 at RM 0.10 = RM 24,160,860.
Year 2011 IPO price at RM 0.38
Year 2011 Inari add 248,608,600 to these directors at RM 0.25. Market ~ RM 0.30.
Year 2012 Inari repay debt by 5,000,000 share at RM 0.34.
Year 2013 Inari add 111,385,078 share to buy over Amertron Inc.
Year 2014 ESOS 1,457,500 units.
Year 2015 ESOS 4,986,300 units
Year 2016 Inari add 229,138,914 share.
Year 2016 Inari issue 189,361,624 share units to directors and top management.

Beside of these, there are no of share interest paid to these Directors every year.
Right now Inari is allowed to exercise 2,000,000,000 share units in open market.
And paid-up ordinary share capital just RM95,652,793 which is RM 0.047 per share unit.

Stock

2016-11-15 22:46 | Report Abuse

Why nobody post the latest Inari annual report 2016?
All information posted before had shown inside annual report and they practice their share option even lower price.
In the annual report, the offer price is RM3, 2.99, 2.39, 2.00, 1.60, 1.34 and even RM1.07.
Inari non stop increase the share capital and exercise the share option to these directors.
And these directors just sell out their share to market to get cash on hand.

Look on the share holding ratio, Malaysia EPF and KWAP are the one holding most of Inari share, and others are smaller share holders.

Annual report also show Inari business core is 45% on RFIC, 45% on Fiber Optic products.
Who are the one misleading others to say Fiber Optic products only 10%?

Inari had brought over another 2 company and rename as
1.) Inari Semiconductor Labs
2.) Inari Optical Technology
This 2 company are empty shell company, have not history background and just register this year.

Inari Integrated System just register a company name and ask Malaysia Government loan RM 100 miilion to them. Since 1st day until now, only 1 tester inside the company for Audit purpose.

New US President Donald Trump is CEO of Apple corporation.
He already instruct Apple employee work out to pull all Iphone factory included IC back to US.

There are going no more RFIC and Fiber Optic business, can Inari survive by the balance 10% business?

Stock

2016-09-26 00:04 | Report Abuse

Breaking New! Inari company exercise additional 20% at share price RM 2.30.
They are taking RM1 profit at RM3.30.
The reasonable price should be RM 1.90, you all buy that for nothing.

Stock

2016-09-04 21:34 | Report Abuse

Inari - Avago RFIC business contact had ended at Aug 2016.
Anyone get information that Inari have renew the contact with Broadcom?
So Broadcom will pull out the RFIC business from Inari anytime now.
Just wondering why Inari invest on PCL and Kushan that no more operation and Malaysia government still funding on Inari......

Stock

2016-05-23 23:21 | Report Abuse

Very obvious is EPF or KWAP buying Inari share this few days as KLCI Index.
Hong Leong Investment did deeper research than other banks this time.
RF : P13B extension ready but not order to run.
PCL : joint venture is not on RFIC business, is Fiber Optic business. PCL is CM for Avago QSFP as Inari Philippine also. Foxconn is running QSFP their own. so Inari and PCL will continue produce Avago products underground?
IIS: P21 just register a new company name to get MIDA loan without any business?
The CK2 expansion at Clark Field factory is for QSFP production line previously, now no order to run.
Business opportunity with Osram is expected to be delayed.
So currently Inari just surviving by RFIC business and FOREX gain.
Just don't understand why EPF and KWAP still buy...
The more they buy, the less share MIDA will get as RM100 million repayment.

Stock

2016-05-17 22:24 | Report Abuse

Apple up doen't mean Inari will up also.
1.) Inari is not only 1 manufacturer for Broadcom RFIC. Contact is Ending at Aug 2016. Yet to get new contact.
2.) Warren Buffett's Berkshire Hathaway invest on Apple is not for Iphone, is invest on Apple's "Future Product".
3.) Even Qualcomm declared demand had 4 quarters continuous dropped

Stock

2016-04-14 23:31 | Report Abuse

Many people in this forum are still keep mislead by news.

1.) Only valueguru notice that, the MIDA grant RM100 million are not free money.
Inari is exchange the share with same value to MIDA plus interest.
If MIDA is smart enough, they should work out with KWAP and KWSP to lower Inari share price.
So MIDA can get more share (RM100 million).

2.) Inari and Avago contact are ending, fiber optic business are ended at Mar 2016, even 2 year extended contact is just for clear out inventory. RFIC IC business contact will end at Aug 2016. Avago and Broadcom have many IC manufacturer now.

3.) Inari had build 4 factory and brought 1 factory in Penang, and build 1 factory in Philippine.
None of these 6 factory are in operation mode.

4.) Inari invested RM100 million to joint venture with Taiwan PCL Technology.
PCL Technology main business is fiber optic to Avago, and Foxconn is taking away their business. How Inari work out with PCL to setup new RFIC line in Suzhou?

5.) Inari mentioned Suzhou factory have lots of empty spare to setup new RFIC line, that showing Suzhou factory also not operation.

6.) Previously Inari announced Avago already get new customer Xiaomi to push up the share price. Now they announced setup new RFIC production in Suzhou is to get Xiaomi business.
So which one is true story?

Stock

2015-11-13 14:44 | Report Abuse

anyone had learn Math here?
USD to RM exchange rate up 35% if compare Q1 2015 versus Q1 2016.
But Inari revenue only increased 23%, is revenue gone up or went down?

Optoelectronic business is not under Avago anymore, Foxconn is pulling out that from Inari.
But people seem like expecting Foxconn will take Inari as their supplier.

Inari keep exercise more share into market, but these big share holder keep continue dispose share.
Only EPF and KWAP keep buying and selling to push up the share price.

Stock

2015-11-12 17:12 | Report Abuse

http://biz.sinchew.com.my/node/125736?v=desktop

Inari RFIC business not only split to other company; but also reduce order due to low demand of Apple Iphone 6S.

Inari had invested 2 factory in Penang and 1 factory in Clark for Optoelectronic business.
But Foxconn is pulling out Optoelectronic business from Inari.

What will happen on this Quarter result?

Stock

2015-10-15 10:24 | Report Abuse

Avago had done deal with Foxconn and sold Optoelectronic business to Foxconn.
50% order to Inari had been deduced while changing to Foxconn new management.
Foxconn may produce these Avago Optoelectronic product themselves.
Let's see what will happen next.

http://www.lightwaveonline.com/articles/2015/09/avago-agrees-to-sell-optical-modules-business-to-foxconn-interconnect-technology.html

http://www.lightcounting.com/News_100615.cfm

Stock

2015-09-30 13:49 | Report Abuse

Catastrophe is coming to Inari.
After Avago bought Broadcom, Avago is restructuring the Business Structure. Broadcom is much bigger RFIC division than Avago, so they will comparing their manufacturer now.
Broadcom's manufacturer are more mutual and better capability than Inari.
And Avago is selling out Optoelectronic division to Foxconn.
Once the deal is done, Inari will?
So good luck to all Inari shareholders~

Stock

2015-09-17 12:22 | Report Abuse

People had mislead by gunman's comment in this forum.
Avago business good doesn't mean Inari business is good as well. High turnover rate in Inari are causing high reject rate in Inari and high amount customer return claim. Inari are buying more Avago material to keep their production running and make Avago business much better than market trend.
Inari share price is start raise up from RM0.30 since that get Malaysia MIDA funding. This over tens millions funding per year doesn't show up in Finance Report. Once MIDA stop funding, Inari will selling share to cover high finance expense.
This timebomb will explode when that happen, everybody know what will happen to last man whom holding that.