Over the past 12 months, Inari has seen its share price drop RM1.08 or 29%. The country's largest outsourced semiconductor assembly and testing player has a market capitalisation of close to RM10 billion. It is an open secret that Inari is heavily dependent on US fabless chip designer Broadcom, which is a key component supplier to Apple The Edge.
so many new faces. now im back again. apple in house didnt invest in RF department. they planing to buy from broadcom RF department. after the contract end in 2023. last time offer 10b usd. so in the future inari will be direct to apple as a osat. tp 5.20 15months.
I just feel Inari is getting bad time to time. I could see other tech stock doing well but this stock haizzz. Always on loss whenever i jumped into this stock.
Insas!? It is dead. the 5-year price bubbles in a tight range 0.885 {5/3/18} & 0.78 today, with the exception trading above RM1.00 briefly in 10/2021. It is a jewel in deep mud, nevertheless.
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....
raymondlct126
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Posted by raymondlct126 > 2 months ago | Report Abuse
Please refer to https://www.theedgemarkets.com/article/inari-recovers-after-nosediving-broadcoms-planned-unit-sale
This was 2019 cases