Posted by NatsukoMishima > 1 month ago | Report Abuse

Afternoon will drop 15 sens !

Posted by NatsukoMishima > 1 month ago |

Post removed.Why?

Posted by EatCoconutCanWin > 1 month ago | Report Abuse

A lot of chips ban.

Posted by Yu_and_Mee > 1 month ago | Report Abuse

our tech stocks already very cheap.
with USD up, i think the stock price could still sustain good profit.
technology cannot be paused, they must go on, "slow" is the way to comfort US politician. In fact, i think US tech companies will not "slow down" or hold investment in tech.
If has holding power, nothing to worry.

Posted by treasurehunt > 1 month ago | Report Abuse

With the banning of chips below 14nm plus AI technology from US, Revenue of US semiconductor companies are expecting to drop between 10% to 30% started from now until next year. Bye Bye to the myth of 'Technology is the future' in the next 2 year.

Posted by SamanthaNg > 1 month ago | Report Abuse

Waiting cheaper price. Hehe

Posted by heehaa911 > 1 month ago | Report Abuse

warm water cooking frog...

Posted by neohts > 1 month ago | Report Abuse

EPF is accumulating every day with big volume.
Because they know CHINA is interested in INARI to support them in Micro Chips assembly and Test plant.
The future is very good for INARI in China.

Posted by SHQuah > 1 month ago | Report Abuse

Since EPF accumulating, let them push the price up. Don't sell cheap to them. Let them buy at higher price.

Posted by Dennis Aung > 1 month ago | Report Abuse

J v with China is bad decisions , soon China would obsoleted Inari ......

Posted by Income > 1 month ago | Report Abuse

Elevate your wealth for
the future you envision.

No matter the potential headwinds,
take off with a trusted partner #ForYou

Posted by neohts > 1 month ago | Report Abuse

https://www.thestar.com.my/business/business-news/2022/10/20/sell-off-in-tech-stocks-on-bursa-seen-to-be-overdone

He added that the supply chain reconfiguration as a result of the trade diversion due to the US-China trade war may be positive to selected Malaysian tech companies and boost their sales order volume.

Posted by neohts > 1 month ago | Report Abuse

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3300598

Direct (units) 373,455,210
Direct (%) 10.005

Posted by neohts > 1 month ago | Report Abuse

EPF is the major shareholder of INARI and SILTERA.

INARI + SILTERA = The Greater China.
China without US support like Intel and AMD.
China the future is with INARI + SILTERA + local Malaysia tech company support.

Posted by i3lurker > 1 month ago | Report Abuse

When a Princess Sells, you better sell ......

Posted by SamanthaNg > 1 month ago | Report Abuse

Local institutions kept collecting lately. Good sign

Posted by neohts > 1 month ago | Report Abuse

https://www.thestar.com.my/business/business-news/2022/10/25/tech-sector-outlook-remains-uncertain

This is due to the underlying demand for technology products and services such as 5G, Internet of Things, artificial intelligence, personal computers, cloud computing and electric vehicles stay solid in the digitalisation era, MIDF Research said.

“Also, the strong US dollar could cushion the current downward pressure on our tech stocks, whereby they are mostly the net beneficiaries.

“Valuation wise, tech companies under our radar such as Inari Amertron Bhd, Unisem (M) Bhd, Globetronics Technology Bhd and My EG Services Bhd, which at current price-earnings (PEs) of 22.2 times, 17.3 times, 12.7 times and 18.4 times, respectively, are reasonably cheap and attractive compared to the industry average, which is trading at PE valuation of 28.1 times,” it said.

Fund managers contacted by StarBiz opined that the sell-off in tech-related stocks on Bursa Malaysia this year may have been overdone and a rebound might be on the cards soon

Posted by i3lurker > 1 month ago | Report Abuse

Apple Vice President for Purchasing iphone parts sacked, dunno what effect on the contract renewal due 2023.

=> maybe thats why insiders dumping????

no one knows ...why ....

Posted by i3lurker > 1 month ago | Report Abuse

Tut Tut Taxi Driver drove away after making huge kosses in Inari shares.

Posted by SamanthaNg > 1 month ago | Report Abuse

Good sentiment for tech stocks currently~

Posted by SamanthaNg > 1 month ago | Report Abuse

Tut tut. Don't know how long this sentiment can last. Ha

Posted by SamanthaNg > 4 weeks ago | Report Abuse

Let's see what's outcome of the FOMC meeting this week

Posted by SamanthaNg > 3 weeks ago | Report Abuse

US will up 75bps for sure... On the other hand, Malaysia de OPR just raised 25bps to 2.75%

Posted by TreeTopView > 3 weeks ago | Report Abuse

SamanthaNg , the US fed raised rates on Wednesday this week........by 75 bps.

Posted by SamanthaNg > 3 weeks ago | Report Abuse

@TreeTopView. Ya, they up already. Supposed to used past tense. Hehe

Posted by SHQuah > 3 weeks ago | Report Abuse

Why do you sell when EPF is accumulating everyday ?

Posted by SamanthaNg > 3 weeks ago | Report Abuse

Hard to collect at cheaper price alrdy then

Posted by JunHoHoHoHo > 2 weeks ago | Report Abuse

TA Research said beyond near-term headwinds from China lockdowns and geopolitical tensions, which have added pressure on global supply chains, it remains optimistic on the company’s growth prospects.

The research house added that this was underpinned by Inari’s core radio frequency (RF) segment, amid the nascent 5G smartphone upgrade cycle and customer diversification programmes.

TA Research, which has a “buy” recommendation on the company with a target price of RM3.30, said it also views upside for Inari from potential merger and acquisitions and large-scale acquisitions, supported by its robust net cash position.

Posted by JunHoHoHoHo > 2 weeks ago | Report Abuse

For the full financial year ended June 30, Inari posted a net profit of RM390.92mil, up 18.3% from RM330.47mil a year prior, while revenue grew 8.4% to RM1.55bil against RM1.43bil previously.

Meanwhile, CGS-CIMB Research has cut Inari’s financial year (FY) 2023-2024 EPS by 10% to 11% to account for softer mobile device demand amidst risks of a slowdown in the global economy in 2023.

Posted by neohts > 2 weeks ago | Report Abuse

TA Research, which has a “buy” recommendation on the company with a target price of RM3.30, said it also views upside for Inari from potential merger and acquisitions and large-scale acquisitions, supported by its robust net cash position.

Inari is planning to merge with Chinese company in China so that China doesn't need to depend on US company.
That's the reason why EPF is accumulating in big quantity every day.

Posted by neohts > 2 weeks ago | Report Abuse

https://www.thestar.com.my/aseanplus/aseanplus-news/2022/11/13/bursa-malaysia-likely-to-move-upwards-from-monday-nov-14-onwards

Bursa Malaysia likely to move upwards from Monday (Nov 14) onwards

Posted by SamanthaNg > 2 weeks ago | Report Abuse

Lower than estimated CPI data from US really heat up the market...

Posted by neohts > 2 weeks ago | Report Abuse

https://www.theedgemarkets.com/article/chinas-big-tech-becomes-target-investors-fearing-missing-out

China’s big tech becomes target for investors fearing missing out

Posted by cheeseburger > 2 weeks ago | Report Abuse

expect adjustment will happen soon in coming days before GE. Stay cautious.
If the G20 f2f meeting nothing conclusive the ban will still ongoing nothing will change included Inari using US technology in their operation.

Posted by SamanthaNg > 2 weeks ago | Report Abuse

After election, Inari will break 100 EMA I guess

Posted by newbie8080 > 1 week ago | Report Abuse

Wow.
Didn't expect such a huge miss in revenue.

Posted by Brutus > 1 week ago | Report Abuse

EPS 2.86, Dividend 2.60! Really appreciate INARI declaring generous dividends.

Posted by neohts > 1 week ago | Report Abuse

https://www.theedgemarkets.com/article/inari-reports-steady-1q-net-profit-declares-26-sen-dividend

“Meanwhile, the group is working on new opportunities coming onshore into Malaysia’s OSAT ecosystem, [while] at the same time, bringing up our new China JV site in Yiwu to begin manufacturing during the second half of FY24.

“The group also expects to continue benefitting from the strong US dollar for FY23,” the group added.

Posted by newbie8080 > 1 week ago | Report Abuse

Inari really needs to filter the background of CFTC of China since Dnex issue with china counterpart as well.
Hope for more clarification from the next AGM.

Posted by King_trader_shadow > 1 week ago | Report Abuse

Supposedly, this guy should fly with good profit and eps in the run. Hopefully, it will rise above RM3 soon.

Posted by King_trader_shadow > 1 week ago | Report Abuse

Supposedly, this guy should fly with good profit and eps in the run. Hopefully, it will rise above RM3 soon.

Posted by heehaa911 > 1 week ago | Report Abuse

this kind of result really BBQ lor

Posted by SamanthaNg > 1 week ago | Report Abuse

But instead IBs raised its TP ..

Posted by neohts > 1 week ago | Report Abuse

https://www.theedgemarkets.com/article/worst-may-not-be-over-investors-could-start-looking-tech-stocks-again

The worst may not be over but investors could start looking at tech stocks again.

AFTER two years of a superbull run, Bursa Malaysia-listed semiconductor and semiconductor-related companies have seen their market capitalisation crumble since the beginning of the year, much like their counterparts in the US and other parts of the world.

On average, share prices of The Big Four outsourced semiconductor assembly and test (OSAT) players — Inari Amertron Bhd, Malaysian Pacific Industries Bhd, Unisem (M) Bhd and Globetronics Technology Bhd — as well as the Big Four automated test equipment (ATE) manufacturers — ViTrox Corp Bhd, Pentamaster Corp Bhd, Mi Technovation Bhd and Greatech Technology Bhd — had declined a significant 40% year to date (YTD) and 5% over the past one month.

Posted by ming > 1 week ago | Report Abuse

compare other semiconductor counters, at least inari's inventory look better~

tak tunggak banyak stock~

Posted by Investgaogao > 1 week ago | Report Abuse

Blue chip

Posted by newbie8080 > 6 days ago | Report Abuse

This round ESOS is quite big at 50 million shares.

Posted by SamanthaNg > 5 days ago | Report Abuse

Ya...That ESOS will affect their EPS...

Posted by neohts > 3 days ago | Report Abuse

https://www.nst.com.my/business/2022/11/854820/strong-rf-demand-boost-inari-amertrons-earnings

KUALA LUMPUR: Stronger-than-expected radio frequency (RF) chip demand and new customer wins are expected to boost Inari Amertron Bhd's earnings, according to CGS-CIMB Research.

The research house said Inari's RF division revenue grew 15 per cent in the first quarter (Q1) of the financial year 2023 (FY23), driven by content value growth in the new generation model launched in September 2022 for a North American smartphone player.

The firm gathered from Inari that its RF division utilisation was approximate.
"75 per cent in Q1 FY23, and the company expects to see a pick-up in RF utilisation to about 80-85 per cent in Q2 FY23.
"This will be driven by a better sales mix coming from newer generation models that would require a longer testing period due to higher RF content value," it said.


Meanwhile, CGS-CIMB Research said Inari's new joint venture (JV) with China Fortune Tech Capital remains on track.

The firm said Inari would inject funds progressively over the next six months as part of its share subscription process into the JV company, Yiwu Semiconductor International Corp (YSIC).

"Inari has commenced construction work at YSIC's new plant and expects the new plant to be ready by the second half of 2023.

"In the meantime, Inari is utilising its spare capacity at Amertron Kunshan to expedite the qualifying process for YSIC.

"We retain an Add rating on the stock with an unchanged RM3.00 target price," it added.

Posted by newbie8080 > 2 days ago | Report Abuse

All shareholders should raise concern on this ESOS issuance in the next AGM.
Besides that, the latest QR result is not great either in comparison y-o-y.
ESOS should only be issued based on exceptional performance internally.
2021-2022, most tech companies did well, thus they should not feel that they performed well.