I used to buy mmode when it was trading ard 0.28 abt 1-2year ago. It also an ace company which give dividend like inari but is a yearly distribution. Sold the shares when it reach 0.5 half yr ago & hold a small portion aft that. If you study mmode financial report its 4th quarter report has drop due to company taxation. That why the share has drop from 0.68 to 0.48. Despite that it still has a low pe ratio ard 8times earning . The company is a cash rich company like inari with 32million& low debt ard 2.5million. I bought in back at 0.57 recently when they announce their application to transfer to main board.
Anyway mmode has still long way to go if compare to inari. Those who want to invest in mmode must trade it cautiously. The support level right now is 0.60 & the resistance is 0.64. Once break the resistance it has the potential to go up to 0.70. The main catalyst right now is the transfer to main board & its 1st quarter financial report for ye2014. Haha anyway trade at your own risk.
Woh really.. i dont know i have sm impact on u guys. I did advice sm of my friends to buy inari when it was trading ard 0.4-0.70. Too bad none of them buy. I think maybe none of my friends believe me either. Anyways thk for the compliments. Let us see how it goes tomorrow.
Steelheart n inari supporters, this evening too many sifu appeared! Last two weeks till this morning only few cats to handle negative forces from slts, Jennylim also included funetunebullz etc. Well done to those kind heart good wills shared positive energy to support each other! We been well rewarded ......
Dont worry la. Inari will do just fine. Very very solid fundamentals with a lot of potential still not uncovered yet. I have many stocks, some speculative while some fundamentally solid like inari. This is one of the counters which never worry me. Hehe, cannot everyday play speculative stocks also.
IN MAY .... 3 THINGS MIGHT HAPPEN....ANNOUNCED BONUS SHARES OR BONUS WARRANT; TRANSFEER TO MAIN BOARD N ANNOUNCEMENT OF RECORD BREAKING RESULTS. EXPECT 3.50 BY MID MAY N 4.00 IN JUNE 2014
HEARD MANY FUNDS WILL BE BUYING TOMORROW AFTER INARI 3 DAYS SUCCESSFUL ROAD SHOW IN SINGAPORE ENDING TOMORROW, FRI.ORGANIZED BY ONE OF THE BIGGESST JAPANESE FUND IN THE WORLD. MANY OF YOU DIDNT KNOW THIS
I have made a note of all your predictions (all). 2.91, 3.00, 3.30, 3.50 and 4.00. When the time comes, I will know who is bull-shitting and who is telling the truth. Until then, I wish all of you are happily making money., lots of it.
Hello xxxx, sour grape mentality come again! Do you know people hold this stock before right and warrant issued , still hold tight tight never let go yet.
xxxx: all prediction are self studied and analysis. Whatever the TP is going to be is non of your business. You also can blow water about the TP. What I saw in Inari is the fundamental is very strong for this coming 3 years. Whether it is true or not, it is entirely my opinion.
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....
littleshark
529 posts
Posted by littleshark > 2014-04-24 21:56 | Report Abuse
I used to buy mmode when it was trading ard 0.28 abt 1-2year ago. It also an ace company which give dividend like inari but is a yearly distribution. Sold the shares when it reach 0.5 half yr ago & hold a small portion aft that. If you study mmode financial report its 4th quarter report has drop due to company taxation. That why the share has drop from 0.68 to 0.48. Despite that it still has a low pe ratio ard 8times earning . The company is a cash rich company like inari with 32million& low debt ard 2.5million. I bought in back at 0.57 recently when they announce their application to transfer to main board.