Ok and Thks.

Khoo: may I know at what minute of the video clip KCLau mentioned about the “doubling of revenue “?
https://www.youtube.com/watch?v=66V0kIoRtjc

"Double revenue in 2023" from the mouth of the reliable KC Lau is the most powerful catalyst to share price of Inari. I want to verify this superb important info by hearing it from the clip myself. But so far, i failed to get it from the clip. Therefore as at now, I suspect the two bloggers got it wrong or just blowing.

There are two bloggers said thru facebook and CITYPlus FM that the CEO mentioned revenue will be double in 2023. I replayed the clip multiple times, but just cannot hear the words from KC Lau. If anyone get it, please let me know at which minutes of the clip, the double revenue words come out from KC Lau. Thks.

Presentation by CEO of Inari, KC Lau on 10Jul21. Great insight to understand Inari.
https://www.youtube.com/watch?v=66V0kIoRtjc

PP is the fast way to get cash for expansion or biz opportunity. Borrow money from bank incurs interest.

MARGMA members especially those located in Selangor and N. Sembilan should perform its obligation to safeguard the life of broader Malaysian, instead of selfishly looking at their own profit only. The world can get their glove supplies from many suppliers else where such as Thailand, China, Vietnam etc. Gloves from Malaysia has never an essential in Malaysia, just ask how many % of Malaysia output is for internal consumption. 1 day production is more than enough for Malaysia consumption for a year. When you even cannot save your own life, while busy body to worry about the world. Take clue from the famous quote by Russia Putin, if there is no Russia(Malaysia), what is the point to have the world.

I added a bit at 1.06 to avoid odd lot of free warrant on 21Jul

Only if KPMG was a new auditor for Serbad for the first year and catching the disputed issues, your hypothesis makes sense.
As KPMG has been the auditor since 2013, meaning the best case is dog eats dog bone story between the company and KPMG.

400 free warrant.

SH : my understanding is that you still entitle for free warrant after the ex-date of bonus issue on 1Jul. Assuming on 30Jun, KGB closed at rm2.18, on 1Jul21, the mother share will open at 2.18/2=rm1.09. After few days or weeks, company will announce ex-date(XXJul21) for the free warrant. As long as you buy before the ex-date(XXJul21), you will entitle for it.

Buying into warrant is for "small knife cutting big tree".

Assume mother and WB are traded at 1.40 and 0.30 respectively. 1.38 is an exercise price. WB is traded at (1.38+0.30)/1.40=22.4% premium.

yy : good surprise to see you in JHM too.

Mesham : welcome and good luck.

1:1 bonus has no actual value, just RM10=2xRM5. The free warrant is something attractive. I ANTICIPATE the warrant will be traded at around 40 cts, meaning 1 mother share today will get you free RM0.26 cts via the free wa when listed sometime in Aug.

Make it simple, keep your KGB till the ex-date of warrant. The ex date will be likely announced in Jul21.

once you sell the mother share before/on 30Jun, you cannot get warrant as after selling the mother share, you are not shareholder of KGB anymore.

same exercise on VS lately where ex-date for 1: 1 bonus was on 17May and ex-date for 1:5 warrant was on 9 Jun.

Nepo and SQ : no, till 30 Jun 21 you will get free mother only, no warrant for you yet. You have to wait for announcement and ex-date of the proposed warrant.

Not the same date. Warrant will be after bonus. 1.5 mother becomes 3. 3 entitle for 1 warrant

Leong : cheer for the good development. Good to see many positive "forumers" coming in.
For personal interest, owner would not want the price to go high so that lower exercise price of warrant can be set.
For company interest, price should go high so that higher exercise price can be set. Then more fund can be collected from all shareholders when converting warrant.
Let's see how the share price moves to catch a glimpse of attitude of the owners.

Sorry, I have confused myself with eps of other counter.

Company rev =RM398 mil.
Gas = RM22 mil. Still a very small portion.
The core segment is UHP at RM278mil.

I am still waiting for the company to expand Gas segment by building the 2nd plant since its 1st plant has reached 60% utilization. The mgt said at the end of 2019 that the company will expand by building the 2nd plant when the 1st one reaches 80% utilization. Gas command very high margin at ~30% as compared to those of UHP, PE and GC.

For me, the most practical theory of investing in KGB is its very robost UHP contract from semicon especially those from China.

RM2.50 is a bit high. 3.6% of my KGB was purchased at the highest at 2.35. My grand average is very low as i have collected KGB since Mar2019. Good day to you.

Mesham :If you have interest, you can look at KGB which will very soon ex 1:1 bonus + 1:3 free warrant.

Mesham : by now you have entitled for your free warrant. Just wait for it to be deposited into your acc. in short while. You can sell the mother share by 9am on 9Jun, it will not affect your entitlement.

after bonus issue.
Based on qty of mother share on your hand as at 8Jun21

Ben : Do not take my info too seriously and sorry for the confusion.

I called up to tease him that he made tonne of profit from this pandemic. He answered that "no lah, the asp has dropped to 70. The earlier highest 130 was great but it had come down."
Then I said " you still make tonne of profit at 70 after factoring the incremental cost of NBR latex."
He said " no lah, when asp at 130, NBR latex was >5000/tonne. Although it has now dropped to ~3000/tonne."
I asked " is 70 a spot price or for normal customer?"
He answered: "normal customer."
I did not ask if 130 was a spot price or for normal customer as I just want to dig info of the latest asp.

Ben : 6.7 bil is value of Apr, +4.75% comparing to value of March, not comparing to the month with asp 130(monthS ago, plural= many months). Thus 40% or 45% are out of the context.

The sustained export value in Apr21 vs. those of Mar should be supported by the increased volume sold in Apr vs. those of Mar with the asp dropping month after month particularly from Mar to Apr for this context.

Besides gloves, do you have any article on other industry ?

I got an insight that ASP has truly dropped from the highest $130/kpcs months ago to $70/kpcs as at last week. The sustained export value in Apr21 should be supported by the increased volume sold.

one more : century meltdown is coming.

Today is a very optimistic day with higher TP one after the other. Thousand times better than the "Kacang Putih seller GoSai"'s doomsday theory.

Ex date for the 1:5 free warrant is on 9Jun2021.

welcome.

I love TP rm7, that would immediately allow me to retire very comfortably.

I would think the current price rebound is more due to an imminent free warrant. Assuming the opening trading price of the free warrant is RM0.40, that equals to RM0.08/mother share.

Dear author: you are right on the facts of glove industry and judgement on the "eng" blogger.

Great QR

1:5 free Warrant, ex date:9Jun21, Ex Price RM1.38

Share market fluctuates very fast in a significant amount just likes Stephen Chow said "我一秒鐘幾十萬上下". Share market is not Kacang Putih seller, just few cents down, already cry for father cry for mother.

Bought at 3.16.

I have too much already. Eating porridge or rice, is all depending on KGB.

Fairer option : issue 1:1 warrant to all shareholders with subscription price at 10% of the closing i.e. 10%x3.20=32 cents per warrant to get fast cash. Major shareholders can exercise their warrant if the company want to get even more cash on top of the initiate subscription. If the major shareholders do not want to pump in more personal money, they can sell part of their share to friendly parties in exchange for cash for the warrant conversion.

Bought 10x1990.

The circular mentioned the expected completion date is in Q321, sometime in Jul to Sep21.
I guess it would be in the 1st half of Sep. Long time to go, "more dream in a long night". That is the reason I do not buy at the current price rather bidding for a bit lower.

Nepo: I placed buy order at 2.01. A bit cheaper.

Free warrant would be after bonus issue of the mothers share.

In AR2020 page 13 :In addition to the LCO2 products, we aim to expand our product offerings which include, manufacturing and trading of nitrogen, oxygen, argon, and hydrogen.
"AIM" : I interpret it as No Oxygen yet.
Both controlling shareholders came from MOX.