MPI Is The oldest listed semiconductor maker in Bursa and rose 40 Sen to RM29.70.
Top 40 USA chips maker recorded gains in revenues and share prices.
world leaders ASML chip machines maker rose to 15 year high. The beginning of semi conductor stocks.
Inari is just a droplet from the bucket. What if it too received increased major orders from China? USA? Germany?
When the stocks doubled by R 12 billion, imagine what happens to Insas stock? INSAS OWNS almost 15% inari. A cool RM1.5billion added valuation.
Source : Max Juang (2024) , Q3 Earnings Roundup: Western Digital (NASDAQ:WDC) And The Rest Of The Semiconductors Segment. Article dated January 23, 2024
Same here. Hit TP at 0.40. Will it go up higher? probably..... who knows? As I am trading, purely on Technical and price action, I exit when hit TP. Still learning everyday. Did a video on on this entry on Youtube. Do support for those interested. Just sharing my trades online. Published 9 Jan 2024. https://youtu.be/UdSeZREc3Bg
IPO market in Malaysia to remain robust in 2024, especially for consumer, tech-related industries, says Deloitte Malaysia
The initial public offering (IPO) market in Malaysia is expected to remain robust in 2024, supported by a strong pipeline of offerings and healthy institutional and retail investors' appetites for companies with good growth propositions, particularly those in the consumer and tech or tech-related industries, according to Deloitte Malaysia.
Verdict: expect robust business year for M&A and thus add value to Insas.
Insas has cash as war chest of RM1 billion which it can easily subscribe via private placements if promising IPO or the Next INARI.
Tail winds for Insas.
Source: By Emir Zainul, 2023, theedgemalaysia.com Article dated: 16 Nov
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....
TiffanixLVxHermes
179 posts
Posted by TiffanixLVxHermes > 2024-01-22 14:50 | Report Abuse
expect better Q result
TP: 0.40