Posted by gerry188 > 2014-04-15 10:19 | Report Abuse

Agreed however that the fundamentals for this counter are good but if the trend is down, why fight it? Can always come back to the counter when the wave down is completed - the wave sifus in this forum are pretty good in their analysis!!!

Posted by littleshark > 2014-04-15 10:30 | Report Abuse

up down up down today.

Posted by jinvest13 > 2014-04-15 10:31 | Report Abuse

Director disposed small percent of their shares happened many times for this counter since 4x cents. Director may need money for some other things or they need to gather fund to push the price later.

Posted by slts > 2014-04-15 10:32 | Report Abuse

over cooked
deep correction coming
run b4 too late

Posted by jinvest13 > 2014-04-15 10:38 | Report Abuse

You may check the history how many times the directors disposed some of their holding. Most of the directors have done this before. Later they buy back to push the price.

Posted by slts > 2014-04-15 10:39 | Report Abuse

the more u collect
the more u loose
dont be too emotional about stocks
look at sonic bomb....u dont
believe it will bomb....do u?

Posted by Alex Leow Sze Shen > 2014-04-15 10:42 | Report Abuse

KEEP CALM AND BUY INARI! BUY CALL KENANGA!

Posted by kemfatt > 2014-04-15 10:45 | Report Abuse

D'sonic does not have strong fundamental as compare to Inari. Of course it will drop someday, just like MAS from a RM6 to RM0,21 counter. This happens only when Apple decides to call off the smartphone market challenge.

Posted by zekuan > 2014-04-15 10:54 | Report Abuse

BUY.....??? Sure buy after a BIG correction later....Mr Axxx
Kenanga will BUY out lose also kah????
Wakakakaka......
U BUY yourself lar......
We cabut dulu....

Posted by Alex Leow Sze Shen > 2014-04-15 10:57 | Report Abuse

zekuan, AS I SAID KEEP CALM N BUY INARI? DUN BELIEVE ME? WE'LL SEE!

Posted by EQplusIQ > 2014-04-15 10:57 | Report Abuse

Don't listen to inconsistent calls , one day kaw kaw , next day over coooked comments . These are barking sound unlike the no noise that kills . You would realise I am careful not to simply write to practice what I preach otherwise the right words should include ....

Posted by Probability > 2014-04-15 11:07 | Report Abuse

Jimstock mentioned yesterday:

Posted by jimstock > Apr 14, 2014 06:21 PM | Report Abuse

It is direct deal. For such a volume most likely to fund manager lah. If the fund manager can buy at 2.8, do you want to sell at 2.6?

Posted by Probability > 2014-04-15 11:08 | Report Abuse

and TODAY...Kenanga research gives Buy call:
http://klse.i3investor.com/servlets/ptres/22421.jsp

Posted by Arjuna > 2014-04-15 11:19 | Report Abuse

Price hoovering below 2.71 makes me shivers.
KN buy call end of statement says "WE BELIEVE..."
Tonight Fed Chair Yellen speaks.Hopefully Dow don't crash back again!

Posted by gerry188 > 2014-04-15 11:25 | Report Abuse

Bros, technicals really do not look good and it appears that the downtrend (W4) has started. Do be cautious.

Posted by Jackynck > 2014-04-15 11:35 | Report Abuse

this share good but short term not looking good.. hope it wont drop so much before next quarter result come out..

Posted by zekuan > 2014-04-15 11:39 | Report Abuse

SELLER more than a BUYER...
MAcam mana Inari Boleh......................?? Slogan kuat kuat dulu.....

Posted by Alex Leow Sze Shen > 2014-04-15 11:41 | Report Abuse

Kesabaran itu ada hikmahnya! Nantikan INARI naik kuat kuat nanti! BUY N KEEP INARI N KEEP CALM!

Posted by Arjuna > 2014-04-15 11:43 | Report Abuse

US Nasdaq wipe off whole of January gains.Amerton also has base in California.
2.63 now is critical,next lower bar at 2.42 bearish engulfing

Posted by BUCKBUNNY > 2014-04-15 11:44 | Report Abuse

I am no worry at all,if this year could not become millionaire,next year still not too late for me.

Posted by Alex Leow Sze Shen > 2014-04-15 11:50 | Report Abuse

BUCKBUNNY: yeah man :)

Posted by zekuan > 2014-04-15 12:02 | Report Abuse

going to trade at 262....awesome....

Posted by lloydlim > 2014-04-15 12:07 | Report Abuse

Moving towards 2.40 guys!

Posted by zekuan > 2014-04-15 12:11 | Report Abuse

Awesome la................Yes!!!!!

Posted by zekuan > 2014-04-15 12:11 | Report Abuse

Heading to there..............and will be ended at where???

Posted by gerry188 > 2014-04-15 12:12 | Report Abuse

When technicals look weak - more short selling! Now it is below 20dma and 1st support at 2.64. Next support level is at 2.20

Posted by thesteward > 2014-04-15 12:12 | Report Abuse

many kena trap liao

Posted by zekuan > 2014-04-15 12:14 | Report Abuse

Macam Ketam......Kena ikat some more

Posted by gerry188 > 2014-04-15 12:21 | Report Abuse

fortunebullz - when you say up, everybody wants to buy. when you say down, nobody wants to sell!!

Posted by BURSAMASTER > 2014-04-15 12:22 | Report Abuse

- 1H14 net profit (NP) surged by 175% YoY, thanks to the earnings consolidation from the newly acquired Amertron. Meanwhile at the top line, if we were to strip out Amertron’s revenue of c.RM226m, revenue still grew organically by 30% YoY to c.RM152m mainly on the back of higher loadings in its RF division. While the enlarged group’s YTD blended OP margin of 13.5% appears to be lower (-5.2ppts YoY due to Ametron’s different product portfolio) as compared to the previous Inari unit, the post acquisition OP margin has, in fact, improved in the 2Q14 (+3.0ppts QoQ) on the back of higher operational efficiency amidst the integration of operations as well as the group’s stringent cost management.

- Radio Frequency (RF) division continued to gain traction. With the ongoing big orders for the group’s RF due to resilient demand for S&T (note that the current utilisation rate (UR) for all of its plants are already at near full capacity), the group intends to increase its assembly capacity by adding another storey in its new plant 5. All in, we believe that its new Plant 5 could increase the RF assembly capacity by another c.20% YoY, which could at least translate into an additional RM9m to the NP assuming an UR of c.85%.

- Optoelectronics segment from Amertron well poised to compliment Inari’s Fiber Optic business. Besides the decent earnings contribution from Amertron, it is also worth noting that Inari’s Fibre Optics segment has benefited in terms of expanded R&D activities from the expertise passed down from Amertron. Meanwhile, with the integration in place, we understand that the group has also achieved higher operational efficiency in the segment.

- Other segments to see meaningful contribution from FY15 onwards. Following by the recent operational breakeven in its 51%-owned subsidiary, CEEDTec (which is the ODM for Electronic Test and Measurement Equipment), we gather that the meaningful earnings with double-digit growth could be seen in FY15 with the new pipeline of products to be introduced to Agilent. Meanwhile on its Fibre Optics division (which focuses on the R&D and production of fibre-optic connectors under its 100%-owned subsidiary Inari South Keytech), its revenue contribution is minimal at this junction given that the division had only started production in Jan 2014. We gather that this could be one of the key revenue contributions going forward in light of the growing demand for high-speed data transfer which fibre optics could provide the best option given its relatively higher bandwidth capacity.

- Other key update. On the listing transfer to Main market, management noted that it is still pending green light from the authority.

- Strong balance sheet to support dividend payout policy of 40%. Post the Amertron acquisition, we understand that the group is still in a net cash position. Coupled with its sustainable earnings profile as well as the good track record of generous dividend payout (DPR of 40% each for the past two years), we believe that the group could offer up to FY15E DPS of 10.5sen translating into a decent dividend yield of 4.0%, assuming a 40% DPR.

- Maintain TRADING BUY with a higher TP of RM3.15 (from RM2.10). We have revised our earlier conservative FY14-FY15 earnings forecasts upwards by 16%-26% to account for: (i) higher revenue underpinned by production expansion as well as (ii) higher EBIT margin on the back of higher operational efficiency. Although the share price has appreciated by 66% since our TB rating (with previous TP of RM2.10) back in December 2013, we still see upside potential of 19% from our new TP of RM3.15. Note that our new TP of RM3.15 is based on a 12.0x FY15 PER (rolled over from the previous 12.0x FY14 PER) which is at +2.0SD level above its 2-year average forward PER. We believe that its premium valuation of +2.0SD is justified given its: (i) earnings stability, which makes it less vulnerable to the semiconductor cyclical volatility, (ii) robust 2-year NP CAGR of 67%, (iii) high exposure to the booming S&T segment amid the tech upcycle.

Source: Kenanga

Posted by fortunebullz > 2014-04-15 12:24 | Report Abuse

Posted by gerry188 > Apr 15, 2014 12:21 PM | Report Abuse

fortunebullz - when you say up, everybody wants to buy. when you say down, nobody wants to sell!!

Gerry! True! All become hardcore supporters! Promoter cannot undo his work! Anyway, I cautious with this current market, plenty of stale bulls around! Most counters up a bit but may be heading south to Indian Ocean soon!

Posted by gerry188 > 2014-04-15 12:28 | Report Abuse

fortunebullz - Sell call was first noticed lst Friday. Now full fledged selling - this could get worse as this counter can be short sold legally!

Posted by 7surewin > 2014-04-15 13:25 | Report Abuse

From charting, it went down to claose at 78.6% Fibonacci, the next level could be at 61.8% @2.37 which sits exactly on the support line in the next 3-5 days. Its also the double head formation. Unless all these are wrong, there is no hope of going up in the next few days....I hope I am wrong. Confused to cut loss now and buy back much cheaper??/

Posted by slts > 2014-04-15 13:31 | Report Abuse

tech stocks hv turned bearish
very good chance to see 2.37 & lower

Posted by DannyC > 2014-04-15 13:39 | Report Abuse

slts, tech chart is still bullish as its still above MA20..

Posted by gerry188 > 2014-04-15 14:26 | Report Abuse

20dma is 2.675 - it already closed below this yesterday and if it again closes below this today, then it will be very negative. Like 7surewin highlighted, it can retrace to 2.37 - 61.8 fibonacci - while lower supports are at 2.20and 1.80

Since we are not in a bear market, fibonacci levels will be more relevant.

Posted by zekuan > 2014-04-15 15:03 | Report Abuse

Going to traded at 261 soon.....YES!!!

Posted by hobbits > 2014-04-15 15:05 | Report Abuse

With all the news coming in, it's very unlikely to go down further. Guys just hold tight dont be panic.

Posted by iioldes > 2014-04-15 15:05 | Report Abuse

Sold all.and run first.Profit 230%. Looking kimlun&kimlun wa countes.

Posted by hobbits > 2014-04-15 15:05 | Report Abuse

Big fish is shaking your shares

Posted by Arjuna > 2014-04-15 15:06 | Report Abuse

high volume transacted at 2.61 & 2.63 are market makers who have 0 cost brokerage.not true investors!

Posted by Alex Chan > 2014-04-15 15:09 | Report Abuse

time to buy...not much sellers left.......

Posted by Alex Leow Sze Shen > 2014-04-15 15:13 | Report Abuse

Confirmed everything is oversold! :)

Posted by Arjuna > 2014-04-15 15:16 | Report Abuse

how come oversold price still finding low?can buy yet or not!

Posted by voonyoke > 2014-04-15 15:17 | Report Abuse

It's normal for a share to gain or drop. Other shares also drop much more than Inari. When a share gains a lot, it is quite healthy for it to drop a bit. As long as the fundamental of the company is strong, what to worry about? For those who are speculators or traders, if you want quick profit, Inari is not for you.

Posted by slts > 2014-04-15 15:21 | Report Abuse

run run dont look back

Posted by Arjuna > 2014-04-15 15:23 | Report Abuse

voonyoke,but price now is 10% below my cost,analyst says going to 2.20,should I bear with it or just sell on news?

Posted by veln82k6 > 2014-04-15 15:36 | Report Abuse

Slts is back..time to accumulate

Posted by voonyoke > 2014-04-15 15:38 | Report Abuse

If you invest for long term, what to worry about it drop to below your cost? Unless you are not. Nowadays, every one wants to buy smartphone. The business of Inari can only grow stronger and stronger. I would only consider to sell when the price is overvalued.

Posted by slts > 2014-04-15 15:42 | Report Abuse

tis time me cannot
bring u good luck anymore
im cursed full of back luck
inari sure die wan