littleshark

littleshark | Joined since 2012-09-20

Investing Experience Beginner
Risk Profile High

An accountant hoping to become a financial consultant 1day. Though Im Little but I think BIG

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Stock

2013-08-28 22:58 | Report Abuse

Hi Kcchongnz pls refer to note 11 in part 2(pg 11) as stated in the report which smile88 mention also.

From note 11, the increase in assets & liabilities is arised from the acquisition of Amertron Global.
In Consolidated Accounts, we need to take into account of Amertron Bhd balance sheet which means that all Amertron receivables,payables&inventories is 100% combined with Inari Bhd (holding) to form the Consolidated Balance Sheet of Inari Amertron Bhd. It is 100% combined as it is a wholly subsidiary of Inari Bhd. Pls take note that the amt stated is a provisional which means that the amount might be a bit different from Audited FS. No worry as the amount usually did not diifer much & insignificant.

The net cash outflow of acquisition RM110,379m comprise of total purchase consideration of RM124,808m less cash flow of Amertron RM14,429m is also shown in Conso Cash Flow(under Cash Flow from Investing activites).

For Conso Income Statement, you will notice there is not huge jump in Revenue&Profit as the acquisition is only take part on 25 June 2013. All the sales & income before 25 June cant be included. We can only take account of all after the acquisition date. That means the combined revenue & profit will only shown in the Q1 financial report of 2014.

The consolidated account is normally a bit hard to understand esp on the 1st year of acquisition of a subsidiary company.

Hope my explanation give a rough guidance on conso a/c.

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2013-08-28 15:41 | Report Abuse

Part of the explanation is stated by Ken369. I will study the Q4 Financial result tonight. Hv been busy with my ASX market recently.

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2013-08-27 23:26 | Report Abuse

Overall market is in downtrend now. Us fed reserve news& australia federal election which is near is making everyone restless. Everyone is eager to see the combined revenue&profit
of Inari&Amertron but it is not shown in Q4 financial report as it has just completed the acquisition.

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2013-08-19 20:39 | Report Abuse

Result most probably cm out nxt week

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2013-08-16 10:36 | Report Abuse

Haha like that by 2015 i also can tk a long vacation travelling for 1month..

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2013-08-15 23:20 | Report Abuse

Has been my favourite share all this time

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2013-08-13 19:15 | Report Abuse

Yaya chengyee hibiscus mk me so excited today.. Hmmph i wonder what the news. Rex is also vy strong this few days

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2013-08-13 12:31 | Report Abuse

This counter pays good dividend. That why im still holding it till now

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2013-08-12 20:53 | Report Abuse

Woh Wong gd u hv such a fast news on hand.. alright let us see who is the buyer

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2013-08-06 20:54 | Report Abuse

Aft all the gd news & tp set by brokers it has bn kp dropping. Tmr is the last trading day for this week.

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2013-07-30 12:15 | Report Abuse

Thk chkeong for the info.. Anyway i plan to hold it in long term.. Will consider buying when the timing is right.

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2013-07-26 13:10 | Report Abuse

Yest all contra players left. Today cm bk bullish mode. The MIDA news is on The Edge financial daily on 24th July

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2013-07-24 21:28 | Report Abuse

Chong5126 i hv bn waiting it to drop also but it has been up for almost 2weeks. Will continue to monitor&accumulate the warrants..

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2013-07-24 14:20 | Report Abuse

Is has been so fast ths few days.. up up here it goes...

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2013-07-23 21:46 | Report Abuse

Still prefer to chat here. Hv too many whatsapp grp ady..

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2013-07-19 23:56 | Report Abuse

Hv bn waiting wa to drop more but it shoot up so fast. I thk it is in bullish trend now vy hard to drop

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2013-07-18 14:22 | Report Abuse

Thk for the sharing Happy88. Hv bn too busy with Inari & left out Hibiscus

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2013-07-16 13:34 | Report Abuse

Woh so fast ths few days.. guess is in bullish mode right now

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2013-07-11 19:43 | Report Abuse

Wait whole day the wa still 0.39...sigh

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2013-07-11 09:42 | Report Abuse

Haha Kevin. Monitor it closely. Hand itchy...

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2013-07-09 19:37 | Report Abuse

Hv bought sm WA yest so will continue to monitor ths few days.

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2013-07-08 21:33 | Report Abuse

Hv try contra before&it really didnt suit me. Still prefer to invest in long term as im more towards FA. Will nd to see how the ppl reacts toward inari proposal this week

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2013-07-08 16:59 | Report Abuse

However our KLSE market drop..

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2013-07-08 16:49 | Report Abuse

Yalo pilindo u shdn't go in whole shot. Shd top up some or little by little.
Last time i got caught before buying a lump some in oth stock. Aft buying the price kp dropping.
Learn lesson frm that&now i will only accumulate in long term.

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2013-07-08 16:18 | Report Abuse

Bought sm @0.38-0.39. Will continue to see this few days. When timing right then will go in to buy sm more

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2013-07-08 16:06 | Report Abuse

Strategy is to buy high growth penny stock. Coz i want to mk the most money in shorter time.

Buy those penny stock that none of the fund managers/broker firms will ever hv a single interest on it. I start to notice both when they hv the same plan which is to continue to grow their company in long term through acquisition of new co (of course the new co must be a profitable record ). Remember to read their prospectus on acquisition as i spend hours reading Inari acq on Amertron. Thats why i hv bn buying it since last yr&u really hv to be patient on it..

Summary buy company that is : high growth potential, low PE, gd cashflow, low debt, gd dividend. There is still a lot of rules lk high NTA,ROE,ROCE but most important buy low sell high

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2013-07-08 15:20 | Report Abuse

Fat Cat my other target investmt is hibiscus,cliq&pantech.. mostly in o&g industry.

I also kp few in ingenco but is a speculated stock so not encourage u all to buy unless it drop much lower now.. my lowest entry price for ingenco is 0.04&sell most of it when it rose to 0.40 last year

Others i shifted to play in ASX for long term investment.

Hv bn vy busy lately with office work esp this mth. When im free later will continue do sm research on klse stock

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2013-07-08 14:52 | Report Abuse

Im a long term holder so is ok for me.. wont play contra

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2013-07-08 14:51 | Report Abuse

Yup timing the entry for WA now

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2013-07-08 14:34 | Report Abuse

Yup is a proposal only not confirm yet

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2013-07-08 14:33 | Report Abuse

I hvnt buy yet.. waiting for gd entry time

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2013-07-08 14:28 | Report Abuse

Wah pilindo u eat so fast

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2013-07-08 12:04 | Report Abuse

Tutu finally ur news come. But it still subject to the approval by SC & Bursa.

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2013-07-08 11:02 | Report Abuse

Hope can catch big fish by now

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2013-07-07 22:00 | Report Abuse

Let us all see what the ann tmr..

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2013-07-05 22:43 | Report Abuse

Haha tutu hope is a gd news for all of us.

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2013-07-04 21:26 | Report Abuse

Inari is listed in Ace in year 2011&just completed acquisition of Amertron recently. I also hope it will transfer to main board one day but that wont be happening now. It tk time

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2013-07-03 20:28 | Report Abuse

Aiya why so fast up. I still hvnt finish accumulate yet. Smmore today too busy at office. Sigh...

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2013-07-02 21:42 | Report Abuse

Yes anythg can happen. I juz stand by the sideline 1st waiting it to sell down more

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2013-07-02 21:29 | Report Abuse

Bought some warrant. Will continue to accumulate

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2013-06-27 21:06 | Report Abuse

Plan to buy more warrant

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2013-06-24 23:50 | Report Abuse

Now Dow ady down 230.. tmr market is going down again

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2013-06-24 21:37 | Report Abuse

Let the warrant drops more then i can go in. Didnt manage to buy previously

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2013-06-24 20:46 | Report Abuse

Market down ingenco up.. Hehe nice to see

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2013-06-24 11:52 | Report Abuse

T+3 traders selling now

News & Blogs

2013-06-22 14:04 | Report Abuse

Interesting drama to watch on Monday..

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2013-06-21 21:43 | Report Abuse

Walau so many thg happening here. Really system gt hacked? Luckily my Inari is safe today

News & Blogs

2013-06-21 21:37 | Report Abuse

Walao weirdo thg happening here. Is it heavy disposal by those fund/big institution? Hmmph luckily i didnt own any of the stocks above

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2013-06-20 21:26 | Report Abuse

Hehe great closing even market drops today