newbie8080

newbie8080 | Joined since 2018-03-16

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Stock

2021-12-08 16:23 | Report Abuse

@OnTime

Inari had been embarking on process automation since 2018.
Spent RM163mil that year itself for automation IR4.0 to reduce manual labour.

In 2020, Inari included capex for 2021 RM100mil for that purpose as well.

That's started since 3 years ago.

Refer to AR2018.
http://www.inariberhad.com/img/AR_FY2018.pdf
http://www.inariberhad.com/img/ir/agm2020/Inari_AR2020.pdf

Stock

2021-12-08 11:20 | Report Abuse

@nicholas99

Not many countries has tech foundry.

The pride of Msia having one.

Gov under khazanah had given up supporting this loss making company.

Even rejected bids from international firms like Foxconn, X-Fab,etc that offer 2-3 times more than DNEX.

Silterra is the "prized asset" of Msia

Stock

2021-12-07 17:29 | Report Abuse

Another EMS player.
Hopefully, don't get beaten by forced labour bug on first day of listing.

Stock

2021-12-07 13:50 | Report Abuse

Working with Hall is the best way to get our of this forced labour issues.

Likely a paid consultant.

Stock

2021-12-07 13:49 | Report Abuse

There's new appointment of CFO on 2/12 will likely see if there's any more hope in regularisation of the huge debts.

Really a disaster for a company not to be performing when crude oil is above USD70 pbl.

Stock

2021-12-07 12:43 | Report Abuse

Can't wait for div 2.8 cent ex-div on 9/12.

Have additional budget to buy Christmas gift :D

Stock

2021-12-07 11:37 | Report Abuse

@claptonisking

If you are looking for dividend yield and stability, better to go for Maybank.

Stock

2021-12-07 09:21 | Report Abuse

@Rockers

Supermax is under CBP monitoring and glove distribution to US is temporarily ban till the the WRO is lifted.

Stock

2021-12-06 18:59 | Report Abuse

He also missed out this part:

"Still, Apple says that its December quarter will be the company’s largest in terms of revenue in its history"

Stock

2021-12-06 14:04 | Report Abuse

Long term glove is still in demand.

Short term may face lower demand due to surge in capacity of supplies globally.

In the meanwhile, enjoy the high dividend % for another 1-2 quarters.

Stock

2021-12-06 13:56 | Report Abuse

@NatsukoMishima

Genetec Q2, has PAT margin of 27% over the revenue generated.

It's quite good.

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2021-12-06 10:24 | Report Abuse

@NatsukoMishima

Without revenue, there is no profit. Unless the company generates from sale of investments eg: property,land,shares,etc

Both are equally important.

Stock

2021-12-06 10:20 | Report Abuse

@007007

Agreed.

Invest based on fundamentals and based on your own ideal PE.
At PE=50 can be high to certain people, but it can be low for others.

However, IB has their own set of PE for each industry the cover, can make use as reference only.

Stock

2021-12-02 17:53 | Report Abuse

Q1 Earnings recovered. Looks much better than last few quarters.

Stock

2021-12-02 15:59 | Report Abuse

@OnTime

I don't think Inari has any labour issues as indicated by the revenue from 2020-2021.

You can make comparison with those affected. There's some indication in topline and bottomline.

Stock

2021-12-02 10:16 | Report Abuse

@EVO118

I recall a news report on the Head of Mavcomm earning Rm150k- RM170k per MONTH. Wonder what is his job description that justify his extremely high income.

Agreed that there is something fishy going on in organization.

https://www.thesundaily.my/archive/mavcom-heads-salary-not-highest-LUARCH552684

Stock

2021-12-01 17:33 | Report Abuse

@MYthenightmare

It's a slow and steady growing company.

Easily provide 5% dividend annually.

But if you compared it since 2011, it still managed capital gain of more than 30% annually.

Stock

2021-12-01 17:26 | Report Abuse

The company should be raising more funds via private placement or rights issue to boost capacity.

Stock

2021-12-01 16:15 | Report Abuse

@Abrahmi

No bursa announcement.

Where is your source?

Stock

2021-11-30 16:00 | Report Abuse

Yup.

Dividend likely in March/Apr/May via with Dividend Re-Investment Plan

Stock

2021-11-29 12:21 | Report Abuse

@gohkimhock

It's not possible to fill such a big gap left by Dyson overnight.

Each contract needs time for POC and then prototyping and follow by mass production.

Besides that, ATA needs time to rectify and comply it's corporate sustainability.

Easily 1-2 years is possible.

Stock

2021-11-29 12:16 | Report Abuse

@TheContrarian

Share link to the news.

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2021-11-26 19:20 | Report Abuse

Silterra contribute RM148 mil or USD36 mil for the quarter.

Thus annual revenue estimated RM600 mil or USD142 mil..

A very small foundry as compared to SMIC which is 4th largest in the world generates USD1.4 bil for Q3.

Stock

2021-11-26 16:47 | Report Abuse

@Newbie_2288

Got good news and takeaway from the AGM yesterday.

Stock

2021-11-26 12:39 | Report Abuse

In my opinion, this rally won't sustain as vaccine is available though is not a cure. Many disease today still no cure eg: cancer, heart attack, ezcema, even common flu.

Previous glove rally was due to high glove demand, high ASP, no vaccine at that time.

Besides that, now we notice many US and Europe countries citizen not even wearing masks.

Don't even mention glove.

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2021-11-25 15:40 | Report Abuse

@Gley

But VS contract didn't represent 80% of the annual revenue.

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2021-11-25 15:37 | Report Abuse

@Posted by newbie5354_

Normally got by batches and depends on management to decide.

But exercise can be anytime.

What you see in Bursa announcement is when staff exercise their ESOS within the stipulated period.

Stock

2021-11-25 15:35 | Report Abuse

@Markv572421

I previously work in a local bank with ESOS many years ago.

Depending on the management allocation, normally ESOS price is significantly lower than the market price.

Stock

2021-11-25 15:30 | Report Abuse

@MoneyMakers

Can't blame them.

It's not everyday their stock that they had been holding became GOLD in a pandemic of this magnitude.

But truly those who had been holding decades who not really be affected as their average price would be a lot lower.

Stock

2021-11-25 15:27 | Report Abuse

Wow, Dyson contract represent 80% of the annual revenue.

The company should be proactive in making sure no customer represents more than 30%.

A grave mistake by the senior management

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2021-11-25 10:45 | Report Abuse

@I_like_dividend

What do you mean?

ESOS is for Inari employees as reward.

I think none of us here are employee so we do not discuss ESOS.

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2021-11-25 08:50 | Report Abuse

@007007

Can share the invitation and link to the call?

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2021-11-24 18:39 | Report Abuse

Supply chain issue is starting to affect D&O as well.

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2021-11-24 12:59 | Report Abuse

@NatsukoMishima

What policy?

Please share details.

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2021-11-24 12:14 | Report Abuse

It's better to wait for the quarter result for EMS players like VS, SKPres, UWC, Kobay,etc before you decide to buy in any of them.

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2021-11-23 16:16 | Report Abuse

@Myeye

What do you think about IHH or Sunway?

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2021-11-23 15:12 | Report Abuse

@bang_miskin

Agreed.

I doubt that it will reach RM4 as it looks stabilise and negative news eg: drop in ASP and global demand already factored in

Unless there is external shock from overseas market or political issues in the country or even Covid spreading in Harta factory.

Stock

2021-11-23 14:20 | Report Abuse

Why the gov can't replicate what MYEG is doing?

There's not much high tech system being deployed.

No special app for car tax renewal or AI system for renewal of foreign worker permit.

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2021-11-23 11:24 | Report Abuse

Labour shortage is really a downfall for most companies.

Ever since, 1st MCO started, companies- that invested automation pre-pandemic would benefits from it.

Likely other EMS may also be affected from this acute labour shortage.

Stock

2021-11-22 13:57 | Report Abuse

Hopefully, in the future they can build some factories in selangor which are closer to airport for export market rather than in melaka.

Stock

2021-11-22 10:55 | Report Abuse

@staypositive

I doubt so.

Their focus likely in car entertainment aka ICE that will go seamless with iphone and apple watch.

Building cars are a totally different segment all together.

Stock

2021-11-22 10:49 | Report Abuse

Mr Foo selling his ESOS share. It's normal.

Dato Thong selling his bonus issue shares. Rarely will happen for this one.

News & Blogs

2021-11-19 12:21 | Report Abuse

Actually, not all companies 110 companies mentioned are affected.
Some companies have pioneer status on tax while others have tax allowance on capex spending for digitalised their biz.
Besides that, there are many tax incentives in many areas where companies can explore. Some companies may choose also to reduce profitability by taking 2022 as a year on greater investment or capex spending elsewhere.

Stock

2021-11-19 11:57 | Report Abuse

I guess Stanley Choi didn't expect so many fund raising after his entry.

With crude oil above USD80 pbl, he will need to either double up or side bet on AA.

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2021-11-19 11:54 | Report Abuse

@OldWiseMan100

In other words, have to rely FULLY and trust the ex-KLK guy and his teams to run it.

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2021-11-19 10:55 | Report Abuse

I think this dilemma comes in wther Emery Oleo is a good investment.
Sime Darby was instrumental in running the biz where sime darby is a specialist in palm plantation and semi finished oleo chemical products. But Emery didn't do well and still making losses.
Of course, then comes MFCB without any experience and knowledge taking risk in jump starting and planning to turn around Emery looks far fetch.
If they do well, it can be profitable, otherwise it would be a drag to MFCB.

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2021-11-19 09:12 | Report Abuse

Maybe we should setup a public investment group and accumulate 30% of the company's share and appoint a representative.

Then can have some influence at management level.

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2021-11-18 12:36 | Report Abuse

@fortheemprah

Give you more opportunity to buy lower.

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2021-11-18 11:24 | Report Abuse

@MoneyMakers

Let's see if your simple theory proves correct by end of this year.


Posted by MoneyMakers > Nov 17, 2021 1:09 PM | Report Abuse

Prepandemic ASP = prepandemic profit = prepandemic share price (65sen)..simple

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2021-11-18 11:22 | Report Abuse

Waiting for quarter result to be release by this month to know more.