Posted by laughdieme77 > 2014-10-16 00:54 | Report Abuse

good move, wait below 1.50 for now. wait the dust settle first

Posted by orange > 2014-10-16 01:05 | Report Abuse

ahmad n gohcheehoh i think u r right just leave it. let nature take its course. no where to run better go hide under d blanket ha ha. have to think positive rdy

Posted by hocklai > 2014-10-16 01:16 | Report Abuse

dont be a hero...later become zero

Posted by gohcheehoh > 2014-10-16 01:19 | Report Abuse

Inari is in right industry n Gd management company. D future is bright n no one will able to buy d lowest n sell d highest. I am consider to buy in 50k or 100k share if tomorrow price touch rm 1.91. I have confidence will bounce back rm 3 before end February when they announce jul-sep n oct-dec quarterly result.

Posted by hocklai > 2014-10-16 01:21 | Report Abuse

dji down 400 points!!!!

Posted by Alex Leow Sze Shen > 2014-10-16 01:22 | Report Abuse

i told u earlier, it will down 400pts!

Posted by hocklai > 2014-10-16 01:24 | Report Abuse

tomorrow inari 1.80

Posted by Alex Chan > 2014-10-16 01:25 | Report Abuse

Next support 15800

Posted by Alex Chan > 2014-10-16 01:26 | Report Abuse

Might as well reach 15800, then potential rebound

Posted by hocklai > 2014-10-16 01:27 | Report Abuse

that time inari 1.60

Posted by gohcheehoh > 2014-10-16 01:27 | Report Abuse

Golden time to make money. For those that follow DJ, pls take a look on end jan n end july correction. Both have deep dive but very quick n strong bounce.
even strong bounce back push d index into new high.

Posted by Probability > 2014-10-16 01:27 | Report Abuse

considering the worst scenario...how far can it go? assuming bear market n etc...

Posted by Alex Chan > 2014-10-16 01:29 | Report Abuse

U think so strong rebound?

Posted by hocklai > 2014-10-16 01:29 | Report Abuse

dreaming the fella

Posted by Alex Chan > 2014-10-16 01:29 | Report Abuse

Broke new heights correction different

Posted by orange > 2014-10-16 01:30 | Report Abuse

hey guys whatever it ts 2morrow dooms day for inari. i sure pengsan leh

Posted by Alex Chan > 2014-10-16 01:31 | Report Abuse

Either 15500 or 15800 there should be a rebound. 10% down = 15500

Posted by Alex Chan > 2014-10-16 01:32 | Report Abuse

Worst case 20%? 13800. But data wise, nothing wrong with usa

Posted by Alex Chan > 2014-10-16 01:36 | Report Abuse

The quicker Dow reaches the bottom, and rebound. The less impact it would be on klci

Posted by laughdieme77 > 2014-10-16 01:36 | Report Abuse

stop dreaming while u still awake.

Posted by plouffle > 2014-10-16 02:26 | Report Abuse

Inari aims to breach the RM1bil-revenue mark within 3 years
Saturday, 23 March 2013

post一些旧闻，希望不要再人踩人。。。。
定军心。。。。。。。。。。。。。


BEING in the right technology at the right time has served ACE Market-listed Inari Amerton Bhd well. It has enabled the Penang-based electronic manufacturing services (EMS) company to weather the global economic uncertainties and grow steadily over the last couple of years.

Incorporated in 2006, Inari, which specialises in the production of end-to-end semiconductor packaging services for radio frequency (RF) chips for the wireless and mobile technology sectors, has been riding on the robust growth of global smart mobile devices to sustain its revenue and profitability growth.

“It's all about being in the right technology,” Inari executive chairman Dr Tan Seng Chuan tells StarBizWeek.

“There is no major risk in the smart device area (the industry in which we serve); the industry is expected to continue growing robustly for the next few years, and this bodes well for us,” he says.

At present, Inari has four manufacturing facilities in Penang that produce key components used in leading brands of smartphones and tablets. These facilities come with a combined capacity of up to 1.3 billion parts per year.

Revenue to growthree-fold

As part of its expansion plan, Inari is set to complete its acquisition of a company double its size the Philippines-based Amertron Inc (Global) Ltd by mid-June this year. And in line with this development, the company has also proposed to change its name to Inari Amertron Bhd, which if approved at an EGM to be held on Friday in the week ahead, will take effect upon completion of its acquisition of Amertron.

Amertron is Inari's second major acquisition since the latter made its Bursa Malaysia debut in July 2011. Inari had earlier bought a 51% stake in Ceedtec Sdn Bhd, which supplies electronic test and measurement equipment for Agilent Technologies Inc.

On whether the company would continue to pursue the merger and acquisition (M&A) path to grow its business, Tan says, “I think we need to take a few months to digest our acquisition of Amertron before deciding on our next step of growth.”

He, however, stresses that Inari is always on the look out for opportunities for M&A, even though it does not have any specific target at the moment.

Inari's management says the proposed acquisition of Amertron makes sense for the company. For one thing, the US$32mil (RM100.1mil) will widen Inari's reach in the EMS segment and immediately make it a significant player in the global optoelectronics market.

This represents a diversification of sorts for the company, which has for the past few years focused much on RF chips.

“The acquisition gives us immediate entry into the fast-booming Philippines market, and it will put us in a good position to compete effectively in the high-tech EMS space,” Tan explains.

The company has proposed to issue 84.2 million new ordinary shares to raise RM30.3mil and 11.52 million redeemable preference shares with 34.6 million free five-year warrants to raise about US$11.52mil to part-finance its acquisition of Amertron. This is one of the proposals the company is seeking shareholders' approval at the coming EGM.

Amertron currently has three EMS plants, producing 500 million parts such as optical sensors, infra-red sensors, light-emitting diode displays and fibre optics per year for the global aerospace and military microelectronics industries. Two of the plants are located in the Philippines and another in China.

Amertron's plants boast a combined staff strength of about 3,700 as opposed to Inari's current staff strength of around 1,350. The acquisition of Amertron, therefore, is expected to help alleviate Inari's talent and skill shortage, Tan says.

More significantly, Inari's management expects the business synergy resulting from the acquisition of Amertron to immediately boost Inari's revenue growth by three-fold.

According to Inari Amerton Bhd CEO Lau Kean Cheong, the company's target is to grow its revenue to RM600mil from around RM200mil presently in the medium term, and to breach the RM1bil revenue-mark within three years.

Steady dividends

Inari's revenue for the first half of its financial year ending June 30, 2013, stood at RM116.7mil, which represented a growth of 23% from RM95.14mil in the previous corresponding period. Its revenue growth was attributable to higher trading volumes and orders from its customers.

During the period in review, Inari's net profit saw a significant increase of 63% to RM16.51mil from RM10.15mil in the previous corresponding period. That translated into an earnings per share of 4.91 sen for the first half, compared with 3.12 sen for the same period last financial year.

The company says it expects to remain profitable through 2013, supported by sustained global demand for smartphones and tablet computers.

Posted by plouffle > 2014-10-16 02:27 | Report Abuse

It has noted that the higher demand for its services has enabled the group to benefit from improved production capacity utilisation and greater economies of scale.

“The name of the game is (capacity) utilisation; it's our business objective to improve capacity utilisation to maximise operating margin and achieve better cost efficiencies,” Lau explains.

The total interim dividend declared by Inari stood at 1.7 sen per share for the six months to December 2012, which is slightly better than the 1.2 sen per share over the previous corresponding period.

Inari has a dividend policy of up to 40% of group net profits to its shareholders. Market observers says the company stands out as one of the top dividend-paying counters on the ACE Market.

As at Dec 31, 2012, Inari had RM39.17mil in cash and cash equivalents, while short-term and long-term borrowings stood at RM13.41mil.

On whether Inari has plans to upgrade its listing status to the Main Market over the medium term, the management reckons that it is only a natural progression to do so.



Mr. Lau Kean Cheong serves as Chief Executive Officer of Inari Amerton Bhd since July 15, 2011. Mr. Lau holds a Diploma in Electronics Engineering from Tunku Abdul Rahman College, Kuala Lumpur and is a graduate of University of Warwick, the United Kingdom, with a Master in Science (MSc) in Information Technology for Manufacture.

Mr. Lau started his career in 1991 at [b]Intel Penang[/b], followed by KESP Sdn Bhd, Penang in engineering positions. He joined the [b]Globetronics Technology Berhad Group[/b] in 1996 as a Senior Engineer and progressed within the [b]Globetronics Group to become Senior Vice President of Iso Technology Sdn Bhd[/b], a wholly-owned subsidiary, before joining Inari Berhad.

He has about [b]20 years of working experience[/b] in the electronics manufacturing services (EMS) industry and has experience in heading EMS operations including primary responsibilities [b]in top and bottom line performance and managing customer relationships.[/b]


Seng Chuan Tan
Dr. Tan Seng Chuan serves as Managing Director, Executive Director of Inari Amerton Bhd since September 21, 2010. He oversees the Group’s new business development and risk management. He is also an Executive Director of Insas Berhad. Dr. Tan graduated with [b]First Class Honours in Mechanical Engineering[/b] from the Imperial College, UK, in 1978. Dr. Tan also obtained a Masters and PhD in Engineering Science in 1981 and 1983, respectively, from [b]Harvard University, USA.[/b] Dr. Tan has experience in the IT industry. As an IT consultant, Dr. Tan had worked on edge software and hardware development projects with [b]many companies in the global IT industry[/b] prior to joining Insas Berhad in 1997 where he currently heads the Technology Division.



Phon Guan Ho
Mr. Ho Phon Guan serves as Executive Director of Inari Amerton Bhd since September 21, 2010. He is in charge of the Group’s technologies and customer relations. Mr. Ho graduated with a Bachelor of Science (Hons) in Electrical and Electronics Engineering Degree from Thames Polytechnic (University of Greenwich), London, in 1978, a Masters of Science in Industrial Management from the University of Birmingham, UK, in 1979 and a Master of Business Administration from the University of Santa Clara (University of Sta Clara), California, US in 1985. Mr. Ho has more than 30 years industrial experiences in the semiconductor manufacturing and assembly, hard disk drive manufacturing and PCBA contract manufacturing, where he has held various engineering and managerial positions in a number of MNC’s.



Mang Lee Mai
Mr. Mai Mang Lee serves as Executive Director of Inari Bhd since September 21, 2010. He is in charge of the Group’s facilities, equipments and government matters. He graduated from Institut Teknoloji Butterworth, Pulau Pinang with an Engineering Diploma in Mechanical Engineering in 1980 and holds an MS Eng, UK (Society of Engineers) from the [b]Society of Engineers[/b] issued in 1979. After graduation, he worked at [b]Intel Technologies’ testing plant for five years. [/b]He also spent 23 years in electronics manufacturing related companies, such as [b]Motorola and Sony[/b].


3位董事都是老将，业务没有大问题，希望各位帮我广传出去，让更多散户知道这个讯息，以防止人踩人现象继续发生。。。。

AVAGO QUARTER REPORT财务报告美美啊！！！！！！！！
[url]http://investors.avagotech.com/phoenix.zhtml?c=203541&p=irol-newsArticle&id=1961950[/url]


and price quote here :
[url]http://money.cnn.com/quote/quote.html?symb=AVGO[/url]

It is just market sentiment.
Inari contract with AVAGO is USD denominated and as Dollar appreciated Inari Amerton Bhd poised to gain currency exchange profit from it.

So instead margin squeezed we can expect INARI earning will be higher.


Have confidence in Inari,all fundamentals are still intact.I'll hold on to Inari as long as it's still performing well.Will subscribe the right issue too despite current volatility.

Posted by plouffle > 2014-10-16 02:27 | Report Abuse

Everybody know I phone 6 sales is extremely good,so all suppliers should be doing good too.The downtrend was mainly due to poor market sentiment,if Inari continues to make money,this will reflect in the share price in a matter of time.



[size=4]Short-term rebound!!!![/size]{:4_144:} {:4_155:}

Posted by jinvest13 > 2014-10-16 03:00 | Report Abuse

I exited Inari at 2.9x. I'm early bird for Inari since before their first right issue. Anyway, i'm stuck with other counters now. I pity those selling with losses. From all aspect of world economy data including US it shows positive. It's just a manipulation or panic selling I believe market will rebounce in 1 or 2 months. Anyway, trade with your own risk. This is just my personal opinion to share. I pity with those who in panic.

Posted by jinvest13 > 2014-10-16 03:03 | Report Abuse

I sold 2.9x not recently but months ago before it shoot up to 3.xx.

Posted by keelin > 2014-10-16 03:32 | Report Abuse

Avgo USA is rebound up!

http://www.nasdaq.com/symbol/avgo

Posted by voonyoke > 2014-10-16 04:30 | Report Abuse

Yes, Avago rebound with +0.74% or +0.53, closing at 72.55.

Posted by voonyoke > 2014-10-16 05:01 | Report Abuse

http://www.bloomberg.com/news/2014-10-15/yellen-said-to-voice-confidence-in-u-s-economic-expansion.html

Posted by lim88 > 2014-10-16 07:40 | Report Abuse

GOOD LUCK .....INARI

Posted by rosetan > 2014-10-16 07:47 | Report Abuse

The price has come down by more than 30% recently, from around 3.30 to 2.22. May even drop further today. Even good stocks will suffer in market downtrend. Better to sell first and stay sideline. That's my 2 cents' worth.

Posted by slts > 2014-10-16 07:49 | Report Abuse

inari supporters must wear ur safety helmet
to avoid serious damages to ur ego
from being bomb today

TP 1.80 & than 1.30
if TP 1.30 hit, cut loss & use
remaining money left to buy coffins
lol

Posted by wangge > 2014-10-16 08:18 | Report Abuse

Come on SLTS so early you curse people , I thought that day you agree to peace of words.

We all hv parents and kids and you too, what comes around go around !

Posted by scchen1975 > 2014-10-16 08:24 | Report Abuse

Sell down of Inari and dsonic are inevitable today. If can hold, pls do so, otherwise cut loss if margin call. Tq

Posted by up_up_up > 2014-10-16 08:39 | Report Abuse

Below RM2 today...

Posted by stockhth > 2014-10-16 08:40 | Report Abuse

bad market sentiment will cause people to panick. Margin call on this stock will not help as well. However, this is the time of opportunity. It is this time that we can see when to pick up to gain the most in the mid term or long term investment. no one will know when the sell down is ending but I think all will be fine in due time. patience pays off.

Posted by wangge > 2014-10-16 08:43 | Report Abuse

Plouffle..... Thumb up!

Posted by orange > 2014-10-16 08:47 | Report Abuse

wangge dont know who to believe to hold or to throw

Posted by wangge > 2014-10-16 08:48 | Report Abuse

SLTS, We all hv parents and kids and you too, what comes around go around !

Mind your language mind your thought, your action to others !

Posted by Kingston1 > 2014-10-16 08:52 | Report Abuse

INARI seems going to gap down when opening... huge lots waiting to sell at 2.00? Not sure if it's correct

Posted by angku > 2014-10-16 08:55 | Report Abuse

someone is pushing down the price

Posted by Alex Chan > 2014-10-16 08:56 | Report Abuse

buy...dow has shown the possibility of reversal from 400 plus down to 173. 16000 is the strong support point

Posted by wangge > 2014-10-16 08:59 | Report Abuse

Orange!! Are you awared Global market is bad?
If you r newbie, you need to learn and pay painful school fee !

Technology stock high risk high gain! Buy sell at your own risk!
Suggest you need to keep cash.

Posted by orange > 2014-10-16 09:02 | Report Abuse

tks wangge i decide to hold

Posted by wangge > 2014-10-16 09:03 | Report Abuse

Few are mouth watering Inari business !
When global opportunity allow and given
Purposely they pushing down the price, to
buy cheaper later

Posted by daniel70 > 2014-10-16 09:07 | Report Abuse

inari good bye..
i cant stand anymore
fate end already..
will come back when drop at the bottom

Posted by Bblue > 2014-10-16 09:08 | Report Abuse

cut lost. don't hold if u can't afford to wait till neck long long. short pain better then long pain

Posted by wangge > 2014-10-16 09:09 | Report Abuse

SLTS, We all hv parents and kids and you too, what comes around go around !

Mind your language mind your thought, your action to others !

Posted by wangge > 2014-10-16 09:10 | Report Abuse

SLTS, We all hv parents and kids and you too, what comes around go around !

Mind your language mind your thought, your action to others !

Posted by wangge > 2014-10-16 09:10 | Report Abuse

SLTS, We all hv parents and kids and you too, what comes around go around !

Mind your language mind your thought, your action to others !

Posted by blahbleh > 2014-10-16 09:11 | Report Abuse

Who, in the devil hand, hated this stock so much....no eyes see....