Intrinsic price for this share is at least RM3.10 - RM3.30.
I haven't even factor in the fact that there's more smartphones/gadgets out there than toothbrushes combined.
Imagine Inari going on full capacity over the next few months + listing to main market soon (which means the benefit of institutional investors and their expertise).
The price will be everyone's guess.
What happen today are just noises. Profit taking or maybe tracking Nasdaq drop (technology). Of course, I might be wrong and if price plunge down to RM2, please protect your current profit. But if I'm right, there's this is what we call, lost opportunities. :)
"Disposal of shares via Direct Business Transaction". Fund manager is coming in. Nothing to be worry about if you manage to get something lower than 2.70.
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....
Alex Chan
3,915 posts
Posted by Alex Chan > 2014-04-14 16:04 | Report Abuse
orchestra playing