I3raymond,insas holds 44% of Inari which has high growth and very good profits,also through Ho Hup gets 19% of the RM3.6bln project of Malton in DAmansara besides its own projects.IT also own M & A which has potential be converted into Investment Bank.In addition it owns in beverages and fashion businesses which have high to develop.The earning/share is 24c and PER is 4.5times,NTA=1.78.IF the PER is 9times,the price be doubles to RM2.6.Hence RM2/- is reachable.
I NEVER said it is rubbish EVER ! I've been in since sen 40+ and NEVER sold a share just buy buy buy n I make ALL the profit n sleep well along the way but journey just beginning !
YearToDate, Inari has appreciated about 65%, though it is still way behind the crazy Dsonic which has already gained 120% YTD.
The recent rally in Inari's share price might be due to its pending transfer to main board and bonus issue rumour.
Though there is still no update regarding the main board transfer which was expected in the first quarter, it does not worry me as it is just a matter of time.
Today, HLIB has come out with its analyst report giving Inari a target price of RM3.09. The report provides lots of good info regarding Inari's prospect.
As a layman I only know that smartphones and tablets will only become more and more popular. You can even see students, golden age folks and people in lower income groups playing with their smartphones now.
With growing popularity in social network stuff like facebook, twitter, whatsapp etc, smartphones & tablets seem to be a must-have for most people.
Soon those less developed countries might see a boom in smartphones sales.
Samsung has just launched Galaxy S5, and Apple is expected to launch its iPhone 6 in Sep/Oct this year. It is a new model every year.
Inari will certainly benefit from this trend with its link to Avago which is the global leader in wireless technology, a must have feature in smartphones & tablets.
Actual smartphones shipment in 2013 is more than 1 billion.
Joyous! I don't want later you hit me! Just read my earlier posts! Remember, when Insas was below 1.00 no one bother to buy Insas! If you newbie buy and hold strategy until year end is the best! Don't ask me what price to go in what price to go out! You need to pay for such privilege, you can subscribe to OTB! That's my honest advise!
Leno..............LOL why you so superstitious man. Does 88888 guarantee you rich?. Last time my car is 2358 then i wont rich lah. No truth in in and now i am better off than last time.
even my car now 3943 also doesnt sound rich but i am better off too year in year out. If you want a smooth sailing life, do more charity, respected the elders and your parents and closer to God.
These 3 things will guarantee you better life which you can see in the long term.
New IPO: Building management systems (BMS), solar thermal systems and energy-saving services provider, Solar District Cooling Bhd aims to list on the Ace 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....
kelvinongbk
1,076 posts
Posted by kelvinongbk > 2014-04-03 11:14 | Report Abuse
Any banks covering this stock and providing TP?