Too many ppl looking for short term profit then block the way at 1.85 and 1.86. Damn.

Break 1.80 today. I think RM2.00 not too far away.

12th Dec, "92 percent load factor for Malaysia. Never in our history", by @tonyfernandes.

12th Dec, "Arrived back in Kl. Indonesia affected by rupiah but bouncing back strongly and 2014 looking great. Malaysia looking unbelievable", by @tonyfernandes

Just follow his twitter, you will get some news leak 1 or 2 weeks ahead sometime. Example, Tony did gave some hint regarding AA previous 16sen special dividend 1 or 2 weeks ahead before the news announced.

See some information, AA load factor hit 92%, highest in the history. Rm2.30 is something really too cheap for AA.

Buy when ppl are scare, Sell when ppl are brave.

Agree that share buy back does not mean share price will be up instantly. However, Share buy back will cause Padini EPS to improve. Higher EPS will bring the PE down and hence if Padini profit still remain the same, then the share price will eventually adjust back to the fair PE, so share price will eventually be up.

hence, for long term perspective, share buy back for a good fundamental company means share price up (of course not instantly, but it take time).

10% share buy back meaning EPS increase by 10%, PE reduce by 10%. If currently the Padini's PE is at the fair value, then eventually it the share price will increase back to the fair value to realise the fair PE.

noobpelabur, yes you will still get the dividend as long as you buy the mother share before 5pm today.

Rm1.80 should be easily hit. Will not consider to sell below Rm2.2.

kemfatt Chong5126 said today will go up.. now it is moving up...
12/12/2013 15:40

kemfatt, Chong5126 said he won't buy it if the Inari does not drop back to 1.16. He said his wife worked in Inari and got ESOS, then price will drop. He said he spare Rm300K for his wife to buy when it drop back to 1.16. Ops, did he said 1.16 or 1.61?? If you look at all his previous comment, you know he is a rumour follower.

My dear Nevets, just some correction for your statement. Padini dividend are Single Tier Dividend, or in short (TAX FREE), you don want to pay 25% tax to the government.

Wa.... 2.36 now. So cheap. My instinct will scold me if I don buy now. AA for RM2.36, what else you want to ask for.

Can try to queue at 1.74-1.76 tomorrow morning. Could get some discounted price units.

Agree with powerwk. No one will know what happen tomorrow especially in the stock market.

However, just do little homework here then you will know is padini a good counter for you to hold or not. Is the Rm2 reasonable or not.

Padini gave 2.5sen every quarter. So each year you will get 10sen dividend. According to Rm1.80 it represent 5.5% return. If it hit Rm2, it represent 5% return. The common FD rate is 3%. So hepitrade, tell me is Padini still cheap now at RM1.80??

Guys, please don sell until Rm2. Why making so little profit already sell. Rm2 is not too far..

Find no reason why it keep dropping. However, normally when you can't find any reason for a share to drop instead of rise, then keep buying to accumulate and average down your price.

He upgrade his buy in price from 70sen, to 90sen then to 1.16 then now 1.27. Otherwise he wont think to top up anymore. However, so far only the 70sen dream came true according to inari's previous earthquake. Keep waiting the price to come down sometime mean you have to buy at higher price later when the stock is heading to the north.

So trying to imagine, if he keep the share until now without selling it. He should make more. We should just buy and keep as long as inari profit is keep improvement year by year. Unless you like chong got so many insider news from Ho, US friend and recently his wife. Data Thong in the future perhaps?

Friday should be the T4 for those contra players who bought during the rally. Monday and Tuesday should see something happen. Let's pray it break the 1.80 and march to 1.90. Christmas and New Year sales is just around the corner again. Padini should pick up much investors interest again soon.

Hold tight and get ready for Chinese New Year ang Pao. . :)

My average around Rm2.70. Not scare at all. 30sen different Tony Fernandes sneeze also can come back d..

Isk, orang ni tak faham bahasa ni, whatever la, you are the one who missed the boat, not me. Wish you luck to get Inari at Rm 1.20 or lower, I really hope your dream come true also so that I can buy more at lower prices. Cheer.

Slts, you are very wrong. Do not need to do your homework, but just read my previous comment again. We are saying the same thing actually. You are comparing inari group vs inari previous margin, I said amertron on its own vs previous amertron before acquired by inari.

slts, you make me laugh with your justification. Lower margin? The report saying that average profit margin of inari group is not so good because of Amertron. But do you know that Amertron margin on its own is better than before they acquired by Inari?

It seem like someone trying to block the price at 1.80 to prevent it goes further up, so that they can buy at lower price during the 10% share-buy back.

hahaha, who said result not coming tonight but tomorrow one?? suxk your own ball. Do not listen to your so call rumour anymore. Your so call "internal" suxk.

That's why, don follow the trend, for a good counter, just buy when weak and hold it until you hit your TP. Don wait till rumours, or news out only start to follow. You don not know you are riding on a bear or a bull.

I wish tonight result will be 'very very bad' so that I could get something really cheap.. :)

Bought again at 1.76. Minor top up.

Yes, Investment no suppose to be short term.

erm, warrant will take time to dilute the EPS. That's why I did not include them in my calculation. As long as inari profit improve every quarter, the effect of the warrants should be able to fully eliminated.

hi valueguru, the outstanding share is around 355 millions. Now Inari has around 450 millions of share. As long as inari this coming quarter report can hit 17-18millions net profit. Then my above Rm2.00 FV still very conservatively valid.

hi valueguru, thank for the wake up call. That's is base on previous quarter calculation. Refer to the previous quarter report.

same here Knavi, I bet you are making profit for your investment life so far because fundamental is the king.

Guys, Quarter report should be released tonight. Stay tune.

Just a short tutorial class for all the rumour follower. Imagine Inari EPS do not increase (VERY UNLIKELY) for the next 4 quarters. So

EPS 3.69x4=14.76sen

according to today price RM1.53, Inari PE is 10.4. Inari declare dividend every quarter. Assume 1 sen plus special dividend 1 sen annually. So 5sen in total. DY=3.33% (better than FD)

PE=10.4
DY=3.33%

Compare to Gtronic PE~17.

Conservatively if I assume that Inari fair PE is 14, then base on 14.76sen, The fair value for Inari now should be Rm2.06.

Never forget, above calculate DID NOT take any Inari future profit improvement into consideration.

The Rm2.06 fair price just my calculation based on previous data, imagine if the report results showing something even better???

Agree with Knavi, I use technical graph to decide when to buy at low. But if the result is out, then forget about the chart.

Don forget more 3 news store coming next and 8 more next year.

Never forget the expansion in Indonesia. 4th largest population country in the world.

Never Never forget the 10% share buy back. EPS, DY and NTA improve by 10%.

Interesting isn't it?

slts, like i said, we do not mind you post "wake up remarks" or "negative remarks", but please post it with some solid news or something to support what you said. We all happy to accept all the negative news to balance up our confidence toward Inari.

OK, in case you like to play the internal news or rumour part. Let me tell you something. I think you will like this cause you always like rumours.

I heard that OSK manager met with Inari board members and offered to buy their share off the market at Rm1.40-1.50 (When the price at 1.10-1.20) Guess what?? NON of the directors willing to sell. So use your common sense in case you do not know how to analyse from the report or numbers.

TO OTHER INVESTORS, WHAT I SAID ABOVE IS JUST RUMOURS, EVEN MYSELF DO NOT 100% BELIEVE IT. LOOK AT THE FUNDAMENTAL OF THE COUNTER IS BETTER THAN ANY RUMOURS.

puripuri, trying to read back chong's post in this inari forum, like 1 years ago or 8 months ago, you will know he know how to read report or not. lol..

By the way, Chong5126, do you have more than 860,000 units of Inari mother now?? It only cost you around Rm1.3 millions. I believed you got some units at lower price. So tell me you name, so many I can help you to print screen the annual report to let you see your name there in case you do not know how to read.

Wowow, Chong5126, US friend, Ho, XXXX, then now your wife. Damn, what's your full name? Perhaps we could see your name in the top 30 shareholder list.

Do you know that every time, when one company trying to give ESOS, they will push their share price higher?? So that after they issue the ESOS, the share price will still drop to the origin position. I believe they already calculate the average price for the ESOS last few week, that's why the price stagnant there for quite sometime.

Also never forget that, normally ESOS will come with some rules. For example, if inari give 1000 units share to your "wife", they normally will not give 1000 units full. They may give 250 each year and you will only get the full 1000 after 4 years of service. Or they give discount for the employee to buy their share, but they can not sell it to the open market within certain period of time.

ESOS is suppose to be something for a company to keep their employee. Not for the employee to earn fast money.

ops BullBear, AA droped again, I'm so regret that I didn't listen to you. I'm so scare now. What can I do?? Is this what you like to hear BB??

Ops, I did it again. Bought at RM2.40. Will keep buying if it keep dropping. Waiting for AA to fly across the rainbow after the thunder storm.

slts, I understand no share will climb in strain line and of course I believe non of us here mind you share the bad news or bad comment regard inari. However, please share it with proof and solid number or news. Not just curse or simply from US friend or whatsoever.

chong, no need to hear from US or from anywhere, they already announced it long long time ago they going to give ESOS and I think most of the forum investor already knew that. Do you have anything 'new' or latest from your so called XXXX??

Also, don be naive to posting all the negative news here in i3investor forum, we all the investors here, are not as big fish as you thought whom able to help you push the price down or up. Most of us are just a small fish that ride on the big fish flow.

slts, let me share you something. Inari should hit Rm2 next year, so buy now or you will just keep posting all the annoying comments with no valid proof.

Manage to get some at 1.71 this morning when most of the investors still asleep...hahaha

Really curious why ppl like to look at the technical graph when fundamental results already out. No offence, just feel that fundamental still the root of capital gain.

Don forget the 10% share buy back which would improve the EPS, NTA and DY by 10%. That should happen after the AGM after end of this month. Reload when it is still low before the AGM. Do not miss the boat.

That's why I said it still growing and expand. Also RM2 if still too cheap if they can maintain or improve their profit.

Anyone can share the news regarding Dyson with Skpres? how long Skpres contracted with Dyson or other customer??

If Padini annual EPS is around 14sen (very conservative calculation), then Rm2/0.14= PE=14.28. Padini gave at least 10sen dividend per annual (never forget the special dividend also). If Rm2.00 and 10sen dividend per year is DY=5%.

PE=14.28
DY=5%

From the report, it seem like Padini is growing. So Rm2.00 shouldn't be a problem. Even Rm2.00 is still consider cheap for this type of earning if they can maintain their profit.

Guys, don sell unless it hit Rm2++

Put on your seat belt guys. Tomorrow will be a rising day.

Relax Wong, next week next week.