Anyone know the status of Inari P34 in Batukawan? Friends said it remains close, no business from Osram and Broadcom.

A vaccine for Wuhan coronavirus could take years to develop, based on our experience trying to fight Zika and Ebola
Andrew Dunn, Business Insider US .https://www.businessinsider.my/how-long-to-make-vaccine-for-wuhan-china-coronavirus-timeline-2020-1/?r=US&IR=T

My concern is that after divestment, the total tower is reduced to less than 2000, how to have separate listing ?

After divestment, the total tower is reduced to less than 2000. The separate listing won't happen in the near to mid term.

OCK-SEATH in Vietnam is the largest TowerCo segment, which constitute about 2600 towers. If its divested, OCK can use the proceeds to pare down its debt of RM500 M.

This is rather confusing. At first, it said go for separate listing of its TowerCo division. Now, it said divestment of OCK-SEATH. So, if go for divestment, no more separate listing?

During the Private Placement (PP) exercise, the share price will be maintained above the Previous Volume Weighted Average Price (PVWAP). If the mother price is trading below PP price, why would investor want to subscribe? Just buy from open market will do since it is cheaper.

Sosfinance, spot on!

More towers, more service.

OCK is the service provider for both Maxis and Huawei.

Where managed services is concerned, current trend in Malaysia is that MNOs are starting to outsource internal managed services to third parties in the industry. OCK is the largest TNS provider in Malaysia.

To date, The Group has built a tower portfolio of more than 4,000. In 2019, the group is on track to be an independent tower portfolio of more than sites across Malaysia, Myanmar, and Vietnam.

Inline with Malaysia NFCP, OCK manages turnkey projects in the field of constructing underground infrastructure. OCK provide end-to-end solutions which includes, fibre optic planning, permit approvals, civil infrastructure works, installation of fibre optic cables and maintenance work.

5G demo projects to be carried out across six states
Read more at https://www.thestar.com.my/news/nation/2019/10/01/5g-demo-projects-to-be-carried-out-across-six-states#DsTL8f5cRPQVkAiC.99

sosfinance, good job, thank you!

mother down 1.5 cent, warrant only down 0.5 cent.

bankers want to collect cheap. Look at warrant, very strong support.

looks like bankers are collecting cheap.

not only rise in price, it has a much higher volume too.

Again, OCK WA has stronger support than mother, its suppose to drop to 0.08 level. Why investors supporting a warrant?

Noticed that OCK WA has higher volume and stronger support than mother, anyone has any clue?

Vietnam seeks to build Southeast Asia’s first 5G network. OCK's customers MobiFone is using Samsung equipment while Vinaphone, entered into a partnership with Nokia to deploy its 5G network.

no worry, the trend is remained bullish. This is normal distribution.

Malaysia top OSAT Inari’s valuation is lower than the 2nd or 3rd tiers companies, what a market price manipulation!

"One of the most important things to bear in mind is that economics isn't an exact science. It may not even be much of a science at all, in the sense that in science, controlled experiments can be conducted, past results can be replicated with confidence and cause and effect relationships can be depended on to hold" Howard Marks

AmInvestment Bank analyst Tan Kai Bin is upbeat on Inari’s prospects as the radio frequency segment is seen as a beneficiary of the transition to 5G and rising content per device, while the laser devices segment stands to benefit from the increasing biometric and augmented reality applications in smartphones.

Its LED segment will be supported by rising demand for high-resolution billboards in shopping malls, he adds.

Affin Hwang Capital analyst Kevin Low says the group’s radio frequency is going through a rough patch but expects stronger quarters ahead, noting the expected contribution from Osram, which is likely to come in by the second half of FY2019.

“In our view, the pullback of the share price provides a good opportunity to take a position in one of the best plays in the global radio frequency testing space.

“We strongly believe Inari will be a key beneficiary in the 5G transition as demand will be spurred by a multiple-fold increase in radio frequency components in these new devices,” he says.

Inari Amertron Bhd is a good proxy for the exponential growth of semiconductor industry, given its strategic positioning on the value chain. The group’s involvement in radio frequency testing allows it to ride the demand for components in the telecommunications sector.

The rising popularity of smart devices such as smartphones and tablets has consistently fuelled the group’s revenue growth over the years.

Its steady earnings growth has generated a impressive return on equity in the past three financial years, enabling Inari to walk away with The Edge-Billion Ringgit Club’s Highest ROE award in the semiconductor sector.

Inari’s ROE was over 38% in the financial year ended June 30, 2014 (FY2014) but that eased to 28% in FY2015 as its shareholders’ equity doubled from RM258.2 million in FY2014 to RM537 million in FY2015. By F2017, shareholders’ equity was RM875.5 million but ROE increased to 26% in FY2017 from 22% in FY2016.

Based on the The Edge-BRC awards criteria, Inari’s adjusted weighted ROE over three years was just under 30% — far above peers in the technology sector.

In FY2016, Inari saw a slight decline in its net profit to RM148.25 million, compared with RM152.54 million in FY2015. However, in the following year, Inari saw a 54% year-on-year jump in net profit to RM227.76 million in FY2017.

The sustainable earnings growth over the years has attracted investor interest. Inari’s share price has been on an upward trend between June 30, 2015 and June 30, 2018. Based on the adjusted share price, Inari surged 186% from 78.3 sen to RM2.24 during the three-year period.

With a stellar earnings performance, the group has not neglected to reward its shareholders. Inari declared a dividend per share of 8.9 sen in FY2015, 8.4 sen in FY2016, and 9.8 sen in FY2017, bringing the total to 27.1 sen for the three financial years.

Besides regular dividends, Inari has undertaken two bonus issues — a one-for-one issue in January last year and another one-for-two issue in March this year.

Inari is principally an outsourced semi­conductor assembly and test service provider, with major undertakings including wafer processing, chip fabrication and wafer certification in fibre-optic chips, advanced systems in package assembly and other services such as sensor and IC package design.

It operates 12 plants in Malaysia, the Philippines and China, with more than one million sq ft of floor space and more than 6,000 employees.

Inari’s share price has retreated from its peak of RM2.507 in August this year, after making a significant jump in the past three years. Still, analysts see upside potential in the stock. It remains on the recommendation lists of many analysts and according to Bloomberg, 12 out of 17 analysts who track the company have a “buy” call.

https://finance.yahoo.com/video/jpmorgans-top-chip-stock-broadcom-214727309.html

https://www.google.com.my/amp/s/mobile.reuters.com/article/amp/idUSH9N1UZ02R

https://finance.yahoo.com/news/top-apple-suppliers-post-solid-034204450.html

Broadcom gained +6% after hours on Q4 beats with Wireless strength.

In the short term, volatility is like roller coaster; so take a longer term view, be independent and make your own conclusion.

It's not just January effect, it's re-rating and growth in 5G.

there are re-rating activities going on in Irari, hang on guys!

Very good up trend! Keep it up!

Ha ha, 5G is just weeks away!

The key word is “ 5G is just round the corner “.

Sslee, thank you very much!

iamwen, Thanks a lot! 70% utilisation rate is good for the enlarge capacity. This is inline with UOB's OCT report (see below:The loading volume for Inari’s RF segment is good in October, with utilisation rate of the testing capacity at 65-70% and the assembly capacity at >90%). Current quarter loading is higher than Q1'19.

A lot of fake news in WSJ on Apple Iphone lately. I had terminated the subscription. It is waste of money, I rather spend that on BBC or The Economist.

Inari Q report Briefing, by CIMB and Omighty Capital:

the key highlights

Positive earnings growth for FY 2019
Osram products to contribute 30% in FY 2018 increased to 50% in FY 2020
Flat utilisation for 1Q 2019 and same expectation for 2Q 2019
New products include mini LED, facial recognition chip and health sensor
New products to contribute in 2H 2019

iamwen, thanks a lot! How about the current capacity utilisation rate for both assembly and test?

YiSTock, good job! Samsung and all China Tier 1 Handphone makers are gearing up for their 5G flagship handphone release by either Q1 or Q2 2019.

This will actually benefit Inari as MNC customers are looking for alternative outside of China.

ray1980, as I have mentioned before, UOB updates on Inari's Oct volume: The loading volume for Inari’s RF segment is good in October, with utilisation rate of the testing capacity at 65-70% and the assembly capacity at >90%. Inari is on right track.

ray1980, good to see you back here.

Congrats to all who hold! The NP of 60.1M is better than expectation. Most importantly, prospects of RF and Opto remain strong going forward.

Inari Quarter report should be out today.

Apple has more than 200 core suppliers. Apple does make frequent changes of suppliers.

Its very unusual for Terry Gou, Foxconn's Chairman to make a public comment on Iphone business, never in the history of Foxconn or Honhai. Believe he has the blessing of Tim Cook. Are you making investment decision based on rumours? To believe the so call fake news or Terry Gou, the choice is yours.

Billionaire Terry Gou says outlook for iPhone assembler Foxconn is strong at least until January.
https://www.scmp.com/tech/article/2174826/billionaire-terry-gou-says-outlook-iphone-assembler-foxconn-strong-least-until

郭台铭否认富士康将裁员10万人 . http://www.enanyang.my/news/20181125/%E9%83%AD%E5%8F%B0%E9%93%AD%E5%90%A6%E8%AE%A4%E5%AF%8C%E5%A3%AB%E5%BA%B7%E5%B0%86%E8%A3%81%E5%91%9810%E4%B8%87%E4%BA%BA/