Inari announcement today: 1. Proposed Renewal of Shareholders' Mandate for Existing Recurrent Related Party Transactions of a Revenue or Trading Nature; and 2. Proposed Shareholders' Mandate for New Recurrent Related Party Transactions of a Revenue or Trading Nature. What is the effect?
http://klse.i3investor.com/blogs/kenangaresearch/38632.jsp Using PE of 16 for Inari's FY13 ESP of 15 cents, its TP should be 16 X 15 = RM2.40. If using its FY14 EPS of 20 cents (very conservative), its TP should be 16 X 20 = RM3.20. This TP for Inari sounds reasonable right ?
Inari still a small player with small reach of its industry. Nothing unique in term of the products - mostly OEM. Semi-Conductor business is best left to experts. Taking all that into sense, I have no idea why punters/investors/traders are chasing it. Self explanatory in the IPO http://www.inari-tech.com/pdf/InariBerhadIPOProspectus.pdf
hair:if cant move to main board mean the price will be drop.so is linking.if sure it cant move to main board,i wont buy this counter anymore.so i need to confirm on the news.hehe
Please take a look at XDL (5156) it has good fundamentals and at a uptrend, company doesnt have any debts, but the downside is that it is a china company, is this worth to buy ?
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
chong5126
784 posts
Posted by chong5126 > 2013-10-09 16:30 | Report Abuse
this few day in island hospital.