Judging from the growth of the company's profit for the past few quarters (dwindling), I would not recommend a buy. The growth has been slowed down and the latest quarter has registered the lowest earning in about 6 years. I would wait for the coming QR to make a decision.
Probability, i think the latest result proven that Q1 & Q2 2018 base had both overshot from normal. That was when apple launched iphone x using single premium model with target of 80 mil unit production. The inventory carriying value has shot up in apple and revenue & profit of inari has also shot up. Iphone X content value is much higher compare previous model, resulted in US$1000 price tag.
With latest result in, the RF segment has back to it normal growth track. I compute the singapore revenue with 5% growth from 2016 (not 2017 due to high base). I think is very reasonable. Latest result has met my RF projection for Q1 2019. So, i think the profit is warranted for RF segment up to now.
As for all the negative news circulating in supply chain, those are pointed to Q2&Q3 of 2019.
Inari latest quarter affected by samsung indeed. But with next year new samsung model introducing 2D face ID as additional feature on top of iris scan, inari vcsel (i need to confirm this) and IR should prosper again.
New factory space for OSRAM has startef production in Q1 2019, i hope to see better contribution in february result.
5G is on the way, i will continue to hold my holding.
Another point is that Revenue can no longer use to judge Inari RF segment simply because the higher RF content will increase Profit more significantly than Revenue itself. Inari RF capacity has increased another 25% based on analyst report.
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 3393 views | 3 d ago
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New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
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....
YiStock
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Posted by YiStock > 2018-11-26 15:40 | Report Abuse
Posted by unclejoe > Nov 25, 2018 03:02 PM | Report Abuse
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...
Posted by unclejoe > Nov 25, 2018 03:04 PM | Report Abuse
Billionaire Terry Gou says outlook for iPhone assembler Foxconn is strong at least until January.
https://www.scmp.com/tech/article/2174