Share split and bonus issue are similar. The only difference is the par value will be changed for share split but will be remain the same for bonus issue. As Hevea already announced share split, it is no point to announce bonus issue.

I don't know why some fellows keep talking about CFO resignation. I knew the CFO, he was my colleague in ex company 7 to 8 years ago. Both of us left the company and this company is still there and growth even bigger. The resignation is quite normal if we feel that the company is not suitable for us anymore and we can always look for better opportunity. Nothing wrong or correct for either side, this is our own choice.

MrNobody, please do comment based on your knowledge of this company. Please don't simply say drop. Say something constructive. I don't own any share in IFCA and I don't qualify to comment as I am not familiar with this company. Does it make you feel good if other people losing money?

Yes, waiting for the report to come out today. Also the approval of bonus issue.

Mitrajaya will release quarter report tomorrow. Stay tuned.

The quarter report will be out next Monday. Bonus issue will be approved anytime soon. Just hold and accumulate more.

It is good opportunity to accumulate. Nothing change. MRT2, LRT3, HSR, PRiMA, and other projects are still on the way for the bid.

http://www.thestar.com.my/Business/Business-News/2015/05/20/Construction-to-gain/?style=biz

2 cents dividend should be last year. This year is 5 cents proposed and will be approved during AGM end of this month.

By the way, the bonus issue should be approved by this week. Also, the 11th MP will be announced on this Thursday, 21st May 2015. The latest quarter report will be announced on next Monday, 25th May 2015.

Looking forward 2.30 by the end of this month.

Yes, going to break RM2 before the 13th MP announcement on 21st May.

Mitra will move to 2 and break 2 soon. 21st May will announce MP and construction sector will be the biggest beneficiary.

Dividend 4 cents, ex-date 12/5/2015.

Sure it will break 2 by this month.

With 11th MP rolled out on 21st May 2015, KKB is the main beneficiary. Looking forwards RM2.50 soon.

Yes, it is good time to accumulate more.

Also the coming quarter report will be very good due to depreciation RM against USD and also the expansion of production.

There is nothing wrong. It's just that Avago drop more than 3% last Friday. Just accumulate more when it drops. It is always like that, not the first time. By the way, the latest quarter report will come out soon.

Try accumulate now. The bonus issue and free warrants will be completed in the 3rd quarter of 2015. May be 3 to 4 months away.

AGM will be held at the end of May 2015.

China cut bank reserve to 18.5%. Also China denies to ban margin play in stock market. Therefore I don't think stock market in Asia will drop, it will up instead with the news that China is easing the monetary again. If drop, I will accumulate more on Monday.

Also, the research houses are still undervaluing Inari.

No worry. inari will hit 4.00 soon.

GTronics already hit 6.00.

Not sure why the research house give GTronics so high target price 7.50 as the EPS of GTronics and Inari are almost the same. But one thing is sure that Inari will hit 4.00 soon.

Buy Inari now. It will hit 4.00 soon.

MITRAJAYA HOLDINGS BERHAD (“MHB” or “the Company”) Proposed Renewal of Authority for the Company to Purchase its Own Shares of up to 10% of the Issued and Paid-Up Share Capital (“Proposed Renewal of Share Buy-Back”)

That means tomorrow will up.

Buy on weakness.

High Speed Rail has been approved. MRT2 and LRT3 are on the way. Buy Mitra now. My TP is 3.00 end of this year.

Malaysian Parliament has approved the RM38.4 billion High Speed Rail that will be built between Kuala Lumpur and Singapore. Official first tender will be called soon this year and construction works expected to kick off in 2016. The Government of Malaysia has also set up MyHSR Corp Sdn Bhd as the developer for the project, similar to Mass Rapid Transit Corporation Sdn Bhd (MRT Corp) for Klang Valley's MRTs

Next new high will be 3.80. Looking forwards to hit 3.80 end of this month.

My TP is 4.50 end of this year and it is possible to be achieved due to depreciation of RM against USD and also aggressive expansion to meet the strong demand of smart devices and telecommunication.

Looking forwards to rise to 3.70 this week.

Today will break through 3.45.

No worry, consolidation. The bonus issue and free warrant will be out end of May. Buy on dips.

It is normal for Inari to rise or drop. Keep buying it when it drops and sell it when it rises to new high.

Inari Amertron - More Avago content in new devices
Author: kltrader | Publish date: Fri, 10 Apr 2015, 09:56 AM

Samsung’s Galaxy S6/S6 Edge teardown reveals an increase in Avago RF content compared to its predecessor, Galaxy S5.
Catalysts are higher orders/new product outsourcing from Avago; the weaker MYR provides upside to our forecasts.
Our earnings forecasts are unchanged for now. Reiterate BUY with an unchanged TP of MYR3.95, pegged to 16x CY16 PER.
What’s New
Samsung recently launch its latest flagship smartphones, Galaxy S6/S6 Edge. We notice an increase in the number of Avago RF chips, to 2 chips each, in Galaxy S6/S6 Edge (from 1 chip in Galaxy S5) as revealed in the teardown of these smartphones by iFixit and Chipworks.

What’s Our View
With its newly installed capacity, P13, we see upside potential to our earnings forecasts as Inari rides the waves of higher demand for Avago’s RF chips. Presently, we estimate that Inari will operate 572/672 test handlers at 85%/90% utilisation by end-4QFY15/end- 1HFY16. Should there be more orders, we could see a 5%/3% jump in our FY16/FY17 revenue forecasts, assuming on an increase of 50 test handlers and 100% utilisation. Ceteris paribus, we see 5%/3% upside to our FY16/FY17 net profit forecasts. We understand that P13 could house up to ~300 test handlers in total, of which 150 units has been accounted for in our forecasts.

Also, Inari is a beneficiary of the stronger USD against the MYR as >90% of its revenue is denoted in USD vs. just 70% of its COGS. The USD/MYR rate has weakened 11% YTD, currently at USD1/MYR3.63, which is 5% above our forecast of USD1/MYR3.45 average for 2015. Our sensitivity analysis suggests a 11% upside to earnings on a fullyear basis should the current USD/MYR remain.

We continue to like Inari for its near-term earnings prospects in the tech space. Valuations are undemanding at 14x CY16 PER (domestic peers’ average is 14x CY16 PER) for a growth stock (22% 3-year earnings CAGR) backed by yields of 2+%. Reiterate BUY.

2.00 is on the way

buckbunny, u r back.

It will stay above 1.80 this week.

RM depreciated to history low to 3.7185 against USD. Inari next quarter net profit will be very good.

Yes, the directors have to stop selling their shares.

RM will keep on falling to 3.80-4.00 end of this year. With every 1% drop in RM, Inari net profit will increase 2.3%. From the last quarter, the average is 3.27. If the average end of this year is 3.85, that mean 17.7% drop in RM and net profit will increase to 40.8% excluding the production expansion. If include production expansion, its net profit increment could easily hit 60-70%. From the current price 3.25, it could hit another 50% which is 4.875.

It looks like selling force is very weak. If the buying force keeps coming, Inari price will easily up 10 cents.

It is an opportunity to accumulate more when the price dips. The fundamental is there, nothing wrong. I remember last year some times ago, Avago drops 7% and Inari also drops more than 5%. Now Avago and Inari price at much higher. The history is always repeating. We have to learn from it.

well, i am still accumulating when it drops.

it is already 3.35. tomorrow will be 3.40

5 cents.