Insas share price was control by major share holder and its cronies....no one can predict when will be the share price up/down... When the peoples think some good news come out sure will boost up the price but who know the price is going down???
Companies like Insas are succumbed to vultures waiting to takeover the company if boss doesn't do anything. If I have more than RM700mil, I will try to takeover the whole company and realize the company's value which could fetch around RM1.2bil. I earn more than RM400mil in the process. Who doesn't want to do that? If the boss realizes this situation, he would want to exert more control of the company in order not to be taken private, or else, the company would just fall into another person's hands. Insas is a different animal now with its venture into global mobile tech business. Look at the tech companies overseas, Sunny optical, AAC Tech, Foxconn etc. They specialize in mobile devices' accessories. Inari could be going this path and become a giant. So, any comparison with Insas 10 years ago is all BS in my opinion. Just enjoy the Insas ride. I won't be disappointed for sure. All the best!
Insas ( major shareholder )is trying to buy back shares. current price valuation is low compared to their assets. be patient it's take time for INSAS to built up a solid rebound. happy trading
Affin said it has also increased its target price for Inari Amertron to RM2.18 from RM1.70. The upgrade is in anticipation of Inari Amertron's stronger earnings on growing smartphone and tablet business. Affin however kept its “buy” call for the stock!
Affin might give another "Buy" call for Insas after AGM on Dec 19!
up down in out so what kenna go by day to day hour by hour minute by minute. inari down yesterday insas up today opposite so you wan go schizo or what? this is da way markets work. dun go nuts over it. know insas and inari fortunes tied together period! €
anbz post: i want to ask something..isn't the eps of insas is greater than inari...is it come from revenue or others? 05/12/2013 16:09
EPS 8.87c (Q1'14) v EPS 9.14c (FYE '13). This is the indication of things to come!. 04/12/2013 12:03
EPS 8.87c (Q1'14) - 16.8% of the EPS 8.87c was from 'Other Income'. The remaining 83.2% was from INSAS varied core business activities. This is a very healthy indicator of INSAS 'CORE BUSINESS GROWTH' TREND. By the way today was T+4, forselling. Need to flush out the contras before the stock price gains traction towards est RM 2.50 FYE '14. This is based on 7.2x fully diluted FY14 est EPS 35c.The EPS has also factored in INARI's recent EPS upgrade and also its imminent entry into the Main Board by early next year at a relatively higher pricing.
Its Q1’14 started on 1July’13 and we would complete 6 months by Q2’14, end of this month. Half of estimated FY’14 RM 2.50 by Dec 2013 > RM 1.25. There is definitely a ‘gap up’ to fulfill the true value here by Dec ’13.
So remain 'INVESTED' and good luck. God bless
MY OPINION. NOT A CALL TO BUY/SELL 05/12/2013 18:51
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gweilo
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Posted by gweilo > 2013-12-03 14:19 | Report Abuse
big pop will come soon. many things in pipeline. one announcement after another. all bullish. wait and see.