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

WXGWXW

172 posts

Posted by WXGWXW > 2014-09-01 09:24 | Report Abuse

good morning bmwm5, gud news ?

Posted by kelvin_ik4u > 2014-09-01 22:19 | Report Abuse

Good news to share, Wall Street US top analysts raise Avago TP = USD$100 due to outstanding business growth. Well you all decide then how Inari will perform in year 2014/15 since huge potential upside volume sales this coming Apple Iphone 6 & Xiaomi Mi4. Look for growth sustainable business...

A swarm of Wall Street analysts raised their price targets for Avago Technologies’ stock, which surged to record highs following yet another better-than-expected profit report.

Shares of the maker of chips used in mobile phones AVGO, +7.50% which lists Apple Inc. AAPL, +0.24% as a key customer, jumped nearly 8% in morning trade Friday, and were up as much as 11% at an all-time intraday high of $84.80 earlier in the session.

The stock has soared 56% so far this year, which puts it in the top 10 for year-to-date performers among S&P 500 components. In comparison, the S&P 500 has gained 8.1% in 2014.

No less than 10 sell-side analysts pushed up their price targets on Friday, according to data provided by FactSet.

Analyst Vijay Rakesh at Sterne Agee now has among the highest targets on the Street at $100, up from $93. “We believe strong [free cash flow], continued operating leverage into 2015, and strong product cycles position AVGO as one of the names to own,” Rakesh wrote in a note to clients.

J.P Morgan’s Harlan Sur said he raised his price target to $87 from $61. He said the company’s wireless communications business its expected to show significant sales growth in the current quarter “from a pickup in the Apple supply chain and upcoming iPhone 6 launch.”

RBC Capital Markets analyst Doug Freedman, who raised his price target to $99 from $87, saying that Avago’s “best-in-class” FBAR -- film bulk acoustic resonator -- filters, which help smartphones operate on different frequency bands, allow it to be “a supplier of choice” for Apple.

Avago , which has a market capitalization of $19.2 billion, said in its fiscal 2013 annual report that Apple accounted for more than 10% of total sales.

Late Thursday, the company reported fiscal third-quarter adjusted earnings that rose 70% from a year ago to $1.26 a share, well above the average analyst estimate compiled by FactSet of $1.05 a share. The company’s last 10 quarterly reports have beaten profit forecasts.

Meanwhile, sales rose 81% to $1.27 billion, but fell short of analyst forecasts of $1.33 billion.

alphajack

3,685 posts

Posted by alphajack > 2014-09-01 22:38 | Report Abuse

easily RM4 before the end of this year.

voonyoke

1,036 posts

Posted by voonyoke > 2014-09-02 12:06 | Report Abuse

Just buy it in cheap price and keep for 1 year. I am sure it will rise up at least RM4.50 within 1 year.

Posted by Equityengineer > 2014-09-02 14:11 | Report Abuse

Waiting for western market to open ... If positive will move up lil bit to Close

Posted by Alex Leow Sze Shen > 2014-09-02 16:22 | Report Abuse

chart is signalling a very bearish downtrend now .... just wait

Posted by Koay Yi Chuan > 2014-09-02 16:33 | Report Abuse

Probably have to wait till early Oct to break out of the RM3.30. In the meantime, just wait for it to ding dong up and down between RM3.00-3.30 for more than a month.

WXGWXW

172 posts

Posted by WXGWXW > 2014-09-02 17:23 | Report Abuse

thanks all. hold tight.

lee9fold

4,730 posts

Posted by lee9fold > 2014-09-02 17:48 | Report Abuse

sideway...lets see whether will it test rm3 level

davidlim85

423 posts

Posted by davidlim85 > 2014-09-03 08:58 | Report Abuse

Inari wont drop to RM3

orange

348 posts

Posted by orange > 2014-09-03 09:19 | Report Abuse

like free fall aiyoh make so much now half gone

Posted by Alex Leow Sze Shen > 2014-09-03 09:25 | Report Abuse

next support 3.05 and 3.00! Very bad market!

Posted by Koay Yi Chuan > 2014-09-03 09:30 | Report Abuse

Drop better lah, can collect more on the cheap

Posted by Koay Yi Chuan > 2014-09-03 09:34 | Report Abuse

Wait below RM3

Posted by Equityengineer > 2014-09-03 09:34 | Report Abuse

Overall index down .. Normal la , how food is the share also will drop.. If have money then accumulate ..:

orange

348 posts

Posted by orange > 2014-09-03 09:35 | Report Abuse

koay dont ask for further drop no point most of us no more bullets esp me. pray for up

voonyoke

1,036 posts

Posted by voonyoke > 2014-09-03 09:44 | Report Abuse

I can see many people panic selling.

davidlim85

423 posts

Posted by davidlim85 > 2014-09-03 09:45 | Report Abuse

market starting rebound

Posted by Koay Yi Chuan > 2014-09-03 09:46 | Report Abuse

Time to trigger panic selling, flush out the weak, collect at the bottom.

Posted by HTP123SYNERGY > 2014-09-03 09:54 | Report Abuse

Blame this to one of the Directors i.e.Dato Thong,this fellow keep disposing since Mid Jul,at least 1 million shares.Who.said thank him before??

Posted by Koay Yi Chuan > 2014-09-03 09:56 | Report Abuse

Need money to subscribe for the rights.

voonyoke

1,036 posts

Posted by voonyoke > 2014-09-03 09:56 | Report Abuse

He is the biggest shareholder in Inari. He is the biggest loser if Inari keeps dropping. I don't think he will keep selling his share.

Posted by HTP123SYNERGY > 2014-09-03 09:58 | Report Abuse

Everybody are dissapointing at this time,but Inari is a a company with huge potential,sooner or later market will reflect the company's performance & price will grdaually recover.Those directors who make money thru trading shares instead of growing their business better the board.

voonyoke

1,036 posts

Posted by voonyoke > 2014-09-03 10:03 | Report Abuse

No worry. It will rise up soon as long as its fundamental remains strong and stronger in the future.

davidlim85

423 posts

Posted by davidlim85 > 2014-09-03 10:10 | Report Abuse

last collecting opportunity before it bull run

voonyoke

1,036 posts

Posted by voonyoke > 2014-09-03 10:12 | Report Abuse

Yes, last opportunity to buy cheap before the right issues announcement.

Posted by HTP123SYNERGY > 2014-09-03 10:13 | Report Abuse

Yes,voonyoke,we all share the same vision& will keep holding Inari.Good counter will prevail in the long run,giving the unlimited potential of smart devices,I see no reason why Inari cannot grow alongside Avago. Avago's share price surged sharply recently.All analysts are confident of Avago's business & Inari is one of Avago's main suppliers.If Avago good,how can Inari goes bad?Simple logic,but yet many people follow market sentiment & let go of their golden goose.We all must act like what Buckbunny said "HOLD TIGHTLY,NO EMOTIONAL"!

mcloh

18 posts

Posted by mcloh > 2014-09-03 10:19 | Report Abuse

cash out while inari's profit is high..technology landscape changes fast..

Posted by HTP123SYNERGY > 2014-09-03 10:20 | Report Abuse

kaitun78,you'll sure recover yr losses in a month time,just recall why you bought Inari in the first place.For me,I won't sell if all good fundamentals are intact.That's the golden rule of investment,not I say one,successful investors said one.

davidlim85

423 posts

Posted by davidlim85 > 2014-09-03 10:21 | Report Abuse

mcloh, yes , you are right.. but not this time for this stock.. please look at the fundamental of inari and the market trend

voonyoke

1,036 posts

Posted by voonyoke > 2014-09-03 10:23 | Report Abuse

HTP123SYNERGY, yes, we are looking for short term profit. Inari will rise up 10 within a few year if its net profit keeps on rising 30% every year.

Posted by coffeepimple > 2014-09-03 10:40 | Report Abuse

Disappointed shares.

lee9fold

4,730 posts

Posted by lee9fold > 2014-09-03 10:50 | Report Abuse

those buy high sure say disappointed shares...actually it disappointed u in short term manner

klsenoob

75 posts

Posted by klsenoob > 2014-09-03 10:54 | Report Abuse

rumours says dato T will dispose majority of his share & buy back Ins*s

lynnNg

14 posts

Posted by lynnNg > 2014-09-03 10:55 | Report Abuse

coffeepimple: its a good share, just be a little patience with it.

voonyoke

1,036 posts

Posted by voonyoke > 2014-09-03 10:56 | Report Abuse

klsenoob, i don't think so.he might need money to subscribe the right issues for both Inari and Insas.

kimssiat

1,088 posts

Posted by kimssiat > 2014-09-03 10:56 | Report Abuse

Ai ..... I will keep this stock.

Posted by Koay Yi Chuan > 2014-09-03 10:58 | Report Abuse

Waiting for below RM3 level. I became more excited with Inari's announcement of purchasing a factory which is multiple times bigger than all its existing factories combined. Inari won't buy a factory this size if they are not assured of huge upcoming orders. For all those talking about risks technology change, look at Avago's prospects. Go to seekingalpha or the likes and gain more understanding of Avago. Analysts are rushing to upgrade Avago after release of its results which exceeded expectations by more than 20%.

voonyoke

1,036 posts

Posted by voonyoke > 2014-09-03 11:04 | Report Abuse

Yes, have faith in yourself and Inari. You choose Inari because you have done analysis on Inari.

steady

649 posts

Posted by steady > 2014-09-03 11:11 | Report Abuse

cabut!!!!!!!!!!!!!!!!!!! sunset now!!!!!!!!!!!!

lynnNg

14 posts

Posted by lynnNg > 2014-09-03 11:12 | Report Abuse

Koay Yi Chuan: agreed with you, the management surely anticipate huge orders that's why the expansion.

Posted by HTP123SYNERGY > 2014-09-03 11:14 | Report Abuse

Yes,stand firm on yr decision.If price drop further,I will continue to accumulate,although cannot buy much already due to budget constraint,but collect as much as possible.This kind of oversold situation,once rebound,sky is the limit.

voonyoke

1,036 posts

Posted by voonyoke > 2014-09-03 11:27 | Report Abuse

I can see buying support at 3.05.

Posted by humble2014 > 2014-09-03 11:32 | Report Abuse

Hi Steady...your nick does not reflect your panicky
comments

Posted by Koay Yi Chuan > 2014-09-03 11:33 | Report Abuse

The supports, buy queues and sell queues. All are illusionary used to trick short-term buyers/sellers :p

Posted by humble2014 > 2014-09-03 11:34 | Report Abuse

These few days consolidation seen will be reversed by next week when iPhone6 is launched and AVAGO financials are released be S T E A D Y

lee9fold

4,730 posts

Posted by lee9fold > 2014-09-03 11:41 | Report Abuse

see when the operator will come in and lift up the price...everything depend on them lah

Posted by Koay Yi Chuan > 2014-09-03 11:46 | Report Abuse

Might reach below RM3 lah, can wait IMHO :P

mcloh

18 posts

Posted by mcloh > 2014-09-03 11:49 | Report Abuse

Nokia, Blackberry sunk 'cause didn't see the change of technology landscape. Microsoft, Sony, HTC, LG sinking 'cause too slow in catching up with the change of technology landscape. Apple seems slowing down as well post steve era..

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