TRANSFER TO MB NOT A BIG DEAL...ITS PERFORMANCE IS WHAT COUNT. LIKE I SAID THIS QTR RESULT TO BE ANNOUNCED SHOULD BE RECORD BREAKING. EXPECT PRICE TO BE ABOVE 3.50 NEXT MONTH BEFORE THE ANNOUNCEMENT. THE RUN UP TP THE ANNOUNCEMENT SHOULD START ANY TIME NOW.
Many forumers here may or may not aware of Inari key cstomers are Avago, Agilent an Osram. In summary: Avago is in cutting edge world top (RF critical parts) smartphone and fibre optical supplier! Agilent is world top supplier for Test and Measurement. Osram is world top optoelectronic supplier! All three OEM are top suppliers in the world, partner with world top suppliers, can it be worst with or without MB? No play play loh!
JENNYLIM... TRUST ME, YOUR FRIEND JUST DONT KNOW.....SHE SAID THAT BECAUSE INARI IS IN SHORT TERM CONSOLIDATION WHICH I FEEL IS GOOD. THIS WILL RESULT IN A STRONGER PUSH UPWARDS WITH ALL CONTRA PLAYERS OUT.
Jenny lim is a new account created just for fun i guess. Less than 20 posts but already commented all sorts of nonsense in 10 counters or so. Lol, go figure it out...
those concentrate purely on price movement can sell off... those follow wind can sell off too... those who see the strong potential of inari and buy way earlier... just hold tight and we shall reap the fruits in near future :D
lee9fold, lately i see this forum full of haters and downmood ppl like Karpal Singh death, I just hope we would create something laughable to make things hopeful for tomorrow trading :)
at least someone awared the approval from SC not Bursa. Transfer or not, down trend or up trend, why bother? Just like many other here bought below .40cent no worried. In fact every stocks need traders, new fools and regular fools for push up the price. Somehow I found strange that just becos the major shareholder said transfer will happen in when and when, people believe it. KLIA2 delayed how many time? Malaysia what you expect? Give you another example. Boilerm summited their transfer app. on Feb. now already 2 months, they still waiting... so... something wrong also? Let me tell you what, tese time not bursa reject. This time NRD reject. Happy?
Source RHB: Inari may decline after closing at its lowest in more than three weeks. A position can be liquidated as long as the stock stays below MYR2.60, while support levels are anticipated at MYR2.50 and MYR2.35. Failure to stay below MYR2.60 may reverse the weakness, while the upward bias can only be taken seriously upon a close above MYR2.80.
At this Price level, with the last quarters earning level..with Inari's div payout ratio of 40%...it is already matching FD return rate from Banks. Say if the earnings in next quarter increase by 12%...minimum it should touch 3.0. (The increase in earnings on the last qtr to the prev qtr was almost 25%.)I guess its all about predicting the next qtrs earning...:)
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....
BURSAMASTER
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Posted by BURSAMASTER > 2014-04-21 23:01 | Report Abuse
TRANSFER TO MB NOT A BIG DEAL...ITS PERFORMANCE IS WHAT COUNT. LIKE I SAID THIS QTR RESULT TO BE ANNOUNCED SHOULD BE RECORD BREAKING. EXPECT PRICE TO BE ABOVE 3.50 NEXT MONTH BEFORE THE ANNOUNCEMENT. THE RUN UP TP THE ANNOUNCEMENT SHOULD START ANY TIME NOW.