INARI AMERTRON BERHAD

KLSE (MYR): INARI (0166)

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Last Price

2.74

Today's Change

+0.11 (4.18%)

Day's Change

2.68 - 2.77

Trading Volume

7,322,000


63 people like this.

45,993 comment(s). Last comment by masterus 1 day ago

Posted by Alex Leow Sze Shen > 2014-08-19 19:55 | Report Abuse

INARI "into the storm'!!!

newbirds

695 posts

Posted by newbirds > 2014-08-19 20:04 | Report Abuse

Ya into the storm n fly high high.

Posted by Alex Leow Sze Shen > 2014-08-19 21:48 | Report Abuse

AVGO price BULL RUN! UP 1.04 to USD 76.05!

voonyoke

1,036 posts

Posted by voonyoke > 2014-08-19 22:16 | Report Abuse

Just buy it when it is still undervalued.

Posted by HTP123SYNERGY > 2014-08-19 23:27 | Report Abuse

Again,DJ up,avago also up,impending Q report good good,if tomorrow no up,I potong..........??

wangge

728 posts

Posted by wangge > 2014-08-19 23:35 | Report Abuse

HTP123, Sure you want to potong? Even you after potong also nothing to lose but untung four woh!

Posted by BURSAMASTER > 2014-08-20 00:11 | Report Abuse

Inari Amertron - Growth momentum to sustain


Date: 19/08/2014




Source

:

MAYBANK



Stock

:

INARI



Price Target

:

4.20

|

Price Call

:

BUY











Last Price

:

3.34

|

Upside/Downside

:

+0.86 (25.75%)





Back
--------------------------------------------------------------------------------



Fibre-optics, Inari’s next growth catalyst, to be supported by capacity extension in the newly-acquired Batu Kawan land.

4QFY14 results, to be announced on 26 Aug, should be stronger QoQ but within expectations.

Reiterate BUY with an unchanged MYR4.20 cum-rights TP (17x CY15 PER), offering 26% upside.

What’s New

We met with Inari recently to understand the rationale behind the recent 5.05-acre land acquisition in Batu Kawan Industrial Park, Penang mainland. Management shared its aspiration to further grow its fibre-optics division, currently based in Johor, in Penang as it believes that it will be its next growth engine. The site, located near the exit to Batu Kawan from the second Penang bridge, was selected due to its close proximity (~25km) to Inari’s existing plants and Penang’s technology ecosystem in the island.

Elsewhere, we expect 4QFY14 results to be within expectations at MYR30-35m (+21-41% QoQ), driven by: (i) ramp-up in production from the RF division for Avago in lieu of Apple’s upcoming launches; (ii) stronger contribution from 51%-owned Ceedtec from the conversion of design prototypes to mass production for Agilent.

What’s Our View

On the back of the increasing number of smart device users and cloud computing activities, Cisco forecasts a >10x jump in global mobile data traffic to 15.9 exabyte (EB)/month by 2018. As such, we see opportunities for Inari’s wholly-owned ISK from a shift in demand to high-speed fibre-optics transceivers from lower-speed copper transceivers to facilitate the need for faster and bigger data transmissions among storage servers and networking products.

We expect ISK’s contribution to group revenue to be minimal in FY14 and to be more meaningful from FY15 onwards whereby we project revenue of MYR50m in FY15 and MYR80m in FY16.

Source: Maybank Research - 19 Aug 2014

voonyoke

1,036 posts

Posted by voonyoke > 2014-08-20 00:21 | Report Abuse

Apple hit 100

newbirds

695 posts

Posted by newbirds > 2014-08-20 00:44 | Report Abuse

Buckbunny care to join me for teh tarik I just drop a line to Billionhair. Thks.

BUCKBUNNY

1,217 posts

Posted by BUCKBUNNY > 2014-08-20 00:47 | Report Abuse

newbird ok.please join our chat group

alphajack

3,685 posts

Posted by alphajack > 2014-08-20 00:54 | Report Abuse

Easily will hit rm4 within this year esp after Iphone released.

Posted by HTP123SYNERGY > 2014-08-20 09:30 | Report Abuse

@Wangge,nolah,I joke only,but the confidence is genuine.Today Inari die die have to BREAK 3.34!

Posted by Alex Leow Sze Shen > 2014-08-20 09:31 | Report Abuse

HTP123: dun ever do that bro! Chart is suggesting downtrend, so I suggest you to hold your words, LOL

Posted by HTP123SYNERGY > 2014-08-20 09:49 | Report Abuse

Contra kaki keep disposing@3.34 & above,until they clear all their holding,not easy to move.

Posted by Alex Leow Sze Shen > 2014-08-20 09:50 | Report Abuse

yesterday kenanga ask to take profit! that's why! And another thing is the chart suggesting 2 doji in a row at top! Quite dangerous

lee9fold

4,730 posts

Posted by lee9fold > 2014-08-20 09:50 | Report Abuse

alex...chart is draw by operator :D

Posted by HTP123SYNERGY > 2014-08-20 10:00 | Report Abuse

Today Inari will show chart sometimes cannot be trusted :D

Posted by Alex Leow Sze Shen > 2014-08-20 10:02 | Report Abuse

if today close satu lagi doji become 3 doji, lagi lagi dangerous :D

bmwm5

261 posts

Posted by bmwm5 > 2014-08-20 10:16 | Report Abuse

YESTERDAY AND TODAY IS SMALL CAP DAY....
MOST ACTIVE IS ALL SMALL CAP THAT LESS THAN RM1

voonyoke

1,036 posts

Posted by voonyoke > 2014-08-20 10:16 | Report Abuse

Just buy it when it dips. Operator still offering it in discount.

Posted by retitution2014 > 2014-08-20 10:30 | Report Abuse

if i buy inari shares in this or next week , exp 2000 shares... can i buy the right issues? pls shed some light... tq

Posted by Alex Leow Sze Shen > 2014-08-20 10:43 | Report Abuse

oh no! It drop so much today, if yes signalling a downtrend! :(

BUCKBUNNY

1,217 posts

Posted by BUCKBUNNY > 2014-08-20 10:47 | Report Abuse

rettitution2014,,yes,,you can get it if you buy before the ex-date..buy with multiple of 8...ie 1600,2400,3200 etc..so you would not get odd lots after the right issue.

angku

489 posts

Posted by angku > 2014-08-20 11:06 | Report Abuse

shark coming

newbirds

695 posts

Posted by newbirds > 2014-08-20 11:18 | Report Abuse

Dow up 2 days atctge wrong time sian nia.......

newbirds

695 posts

Posted by newbirds > 2014-08-20 11:20 | Report Abuse

Buckbunny so can watsapp me need to speak to u.

Faiz Zack

30 posts

Posted by Faiz Zack > 2014-08-20 11:23 | Report Abuse

by looking at the chart, I suppose that this counter will rise. What's wrong?

BUCKBUNNY

1,217 posts

Posted by BUCKBUNNY > 2014-08-20 11:27 | Report Abuse

don't worry,,hold tightly..

Posted by retitution2014 > 2014-08-20 13:18 | Report Abuse

BUCKBUNNY, when is the expired date?

Posted by retitution2014 > 2014-08-20 13:26 | Report Abuse

imo, big shark is accumulating/absorbing those 3.34 sellers' share ...
if not wrong, i predict today's volume would be less than ystd as less 3.34 share can be bought.... n then, boommmm, shares upppppppppp v big vol.. :)
or maybe cleaning up of 3.34 done on today n we can hv big surge of price today...

zhihao87

271 posts

Posted by zhihao87 > 2014-08-20 14:56 | Report Abuse

market today no good ...today i think will close below 3300 .... hope tmr can fight back ~

Posted by HTP123SYNERGY > 2014-08-20 15:20 | Report Abuse

This seller ain't nobody,holding substancial shares,don't queue,come out from no where & dump,must watch out!

Posted by HTP123SYNERGY > 2014-08-20 15:33 | Report Abuse

Blind also can see operators absorbing,if not,free fall already,those who sell will regret soon.

voonyoke

1,036 posts

Posted by voonyoke > 2014-08-20 16:03 | Report Abuse

No worry. As long as the company fundamental remains strong, it will rebound soon before next week.

Posted by HTP123SYNERGY > 2014-08-20 16:14 | Report Abuse

operators'game,buy a bit & sell a lot at the same time as not to trigger panic button to fetch better price.

Trisven

301 posts

Posted by Trisven > 2014-08-20 16:26 | Report Abuse

penny stocks heavy selling causing all counters red?

Posted by Alex Leow Sze Shen > 2014-08-20 16:30 | Report Abuse

i told you guys earlier, the chart says so...no joking la. 2 doji's will normally formed a downtrend.

Posted by Alex Leow Sze Shen > 2014-08-20 16:31 | Report Abuse

but this is just temporarily, it will bounce back, look for doji or small white candle tomorrow

Posted by HTP123SYNERGY > 2014-08-20 16:41 | Report Abuse

Alex,doji I don't have,I have aji (ajinomoto),white candle can buy from sundry shop,you sure Inari will rebound with this 2 things :D

Posted by Alex Leow Sze Shen > 2014-08-20 16:47 | Report Abuse

hahahahhaha...nice joke the HTP123! :D At least to cheer up the INARI'ans! LOL

Posted by HTP123SYNERGY > 2014-08-20 16:56 | Report Abuse

Alex,we are still ok,down few cts only.Look at Sumatec,down nearly 30% today,That's why never invest in penny stocks,it's no better than gambling.I believe many will commit suicide because of this hot stock Sumatec (all profit wipe off in a day!),really pity them.

angku

489 posts

Posted by angku > 2014-08-20 17:04 | Report Abuse

I always believe in shark

bmwm5

261 posts

Posted by bmwm5 > 2014-08-20 17:26 | Report Abuse

good to invest in stable stock than those goreng stock

Posted by Al_investor > 2014-08-20 23:05 | Report Abuse

Discount given, time to collect...

Posted by BURSAMASTER > 2014-08-20 23:49 | Report Abuse

Final account to be announced on 26 aug. Expect great results to be announced

Posted by retitution2014 > 2014-08-21 07:35 | Report Abuse

if i have 30 lot shares ,than i will be given 3.75 lot right issue? or 3 lot only?

jimstock

465 posts

Posted by jimstock > 2014-08-21 08:23 | Report Abuse

Bursamaster, the analyst said expected 30~35million profit, PAT or PBT?

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