INARI AMERTRON BERHAD

KLSE (MYR): INARI (0166)

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Last Price

2.63

Today's Change

-0.09 (3.31%)

Day's Change

2.62 - 2.76

Trading Volume

15,988,600


63 people like this.

45,993 comment(s). Last comment by masterus 16 hours ago

Posted by Christine Lee > 2014-10-21 17:26 | Report Abuse

today volume CA 9728600 is less than 10k lot la.. his investment is 10,000 X RM0.08 =RM 800 la..

Posted by Ahmad Muzamil Ahmad Murad > 2014-10-21 17:38 | Report Abuse

Huhu..... lets buy 100k ca as a good time sake. Only 8000.

akh731

317 posts

Posted by akh731 > 2014-10-21 17:48 | Report Abuse

Right Issue.. look like very attractive..

Posted by bullrun_star > 2014-10-21 18:53 | Report Abuse

how it works and when will be their exercise date?

Abudance

2,211 posts

Posted by Abudance > 2014-10-21 18:55 | Report Abuse

What is the fair value of it after this exercise of ex rights and warrants?

voonyoke

1,036 posts

Posted by voonyoke > 2014-10-21 18:56 | Report Abuse

Next month,there will be right issues and quarter result. Global market bottom out.all is looking good to inari.

deechan

102 posts

Posted by deechan > 2014-10-21 18:59 | Report Abuse

Seems so complicated. Does that mean when fund raising is completed, mother share value will be diluted?

林俊松

6,930 posts

Posted by 林俊松 > 2014-10-21 19:02 | Report Abuse

What is right issue & how to calculate?
RM1.50 to get the right issue then another RM2 to convert from warrant to mother?

Posted by bullrun_star > 2014-10-21 19:32 | Report Abuse

when will that happen? i think i am stupid holding warrant by which its not entitle for this purchase.

Alex Chan

3,915 posts

Posted by Alex Chan > 2014-10-21 19:56 | Report Abuse

Dow above 200ma will bounce into green growing momentum

moisking

196 posts

Posted by moisking > 2014-10-21 20:01 |

Post removed.Why?

Alex Chan

3,915 posts

Posted by Alex Chan > 2014-10-21 20:08 | Report Abuse

Too bad tomorrow is a holiday

armt

415 posts

Posted by armt > 2014-10-21 20:38 | Report Abuse

If I buy the shares on thursday will i still be entitled to subscribe to the rights issue?

林俊松

6,930 posts

Posted by 林俊松 > 2014-10-21 20:57 | Report Abuse

Holiday good lah.
I still got work to do tomorrow leh, everyday work + market monitor can die 1.
=(

Posted by Koay Yi Chuan > 2014-10-21 21:03 | Report Abuse

1 right for every 8 shares held. Must subscribe. If not, dilute shareholding by 1/8. Date is not fixed yet. Share price adjusted by multiplying 8 divided by 9. If RM3, will become RM2.67.

tomjohor

164 posts

Posted by tomjohor > 2014-10-21 21:20 | Report Abuse

Inari Amerton Bhd has priced its proposed 1-for-8 rights issue at RM1.50 per share, which represents a discount of 35.62% from the theoretical ex-rights price of RM2.33.

Meanwhile, it has also fixed the exercise price of the free warrants at RM2. The free warrants will be allocated on the basis of one warrant for every rights shares subscribed.

Of the estimated proceeds of RM133.2 million from the rights issue, Inari will allocate RM40 million for the expansion of production capacity; RM40 million for the purchase of new equipment and machineries; and RM30.5 million for working capital purposes.

The remaining proceeds of RM22.7 million will be used for defraying bank borrowings and expenses of the rights and free warrants issue.

Shares of Inari closed 1 sen higher at RM2.71. It has a market capitalisation of RM1.64 billion.

Posted by Ahmad Muzamil Ahmad Murad > 2014-10-21 21:24 | Report Abuse

21/10/14 is price fixing date, is it also ex-date?

Posted by Ahmad Muzamil Ahmad Murad > 2014-10-21 21:30 | Report Abuse

I think not yet right?

Posted by thinkaboutit > 2014-10-21 21:34 |

Post removed.Why?

bracoli

2,579 posts

Posted by bracoli > 2014-10-21 22:20 | Report Abuse

Buy wzsatu

Posted by Koay Yi Chuan > 2014-10-21 22:26 | Report Abuse

Awesome Avago! The party will continue with guidance by Apple that current quarter will be 50% up QoQ in sales!

Posted by bullrun_star > 2014-10-21 22:26 | Report Abuse

Thanks yistock. Sounds complicated

orange

348 posts

Posted by orange > 2014-10-21 22:32 | Report Abuse

last time avago goes up to usd89 inari never up but down. hopefully this time will up.

Abudance

2,211 posts

Posted by Abudance > 2014-10-21 22:57 | Report Abuse

Likely lower than 2.67 as it will dilute the shares and now it's 2.71.

pisangkuat

1,060 posts

Posted by pisangkuat > 2014-10-21 23:02 | Report Abuse

Sifu....if price continue to soar on thursday....how it will effect the right issue price?

Bruce_Lee

183 posts

Posted by Bruce_Lee > 2014-10-21 23:03 | Report Abuse

Does any of the new announcement affecting the mother share? or the announcements affects the warrants only?

lee9fold

4,730 posts

Posted by lee9fold > 2014-10-21 23:04 | Report Abuse

LOL...good...new group of ppl come out and shout for inari...we sit behind goyang kaki enuf wuahaha

Posted by Koay Yi Chuan > 2014-10-21 23:09 | Report Abuse

The higher the share price, the more attractive the rights issue will be. Push Inari's share price to sky high and everyone will be chasing for the rights.

Posted by apaloocakap > 2014-10-21 23:12 |

Post removed.Why?

neemdom

178 posts

Posted by neemdom > 2014-10-21 23:41 | Report Abuse

Thursday public holiday dewali

micsoh

1,174 posts

Posted by micsoh > 2014-10-21 23:42 | Report Abuse

apaloo, the cash or retain profit i think mostly for the urgent or when opputuninity arise use, u can not start propose or raise fund when thing above happen, it will be too late, just my opinion, but pls don't call all supid inarians again, pls.

Posted by mabaker1 > 2014-10-21 23:44 |

Post removed.Why?

Farge168

861 posts

Posted by Farge168 > 2014-10-21 23:56 | Report Abuse

Bought 70,000 unit@2.71 today,hopefully can make some profit,wish me luck.

Bruce_Lee

183 posts

Posted by Bruce_Lee > 2014-10-22 00:32 | Report Abuse

Lets say I bought 10000 Inari mother shares on the 20th Oct. What happens if I sell them on this Thursday? does this still affects the right issue?

kimkowlee

562 posts

Posted by kimkowlee > 2014-10-22 01:05 | Report Abuse

Is Thursday klse market open? Friday holiday?

1007lsl

164 posts

Posted by 1007lsl > 2014-10-22 01:43 | Report Abuse

Farge168, i think u r KING of the kings,BEST of the best! .u bought 70,000 unit@2.71 i.e. 2.71x70,000=RM189,700. i think ah thong kok kiiiie shouldAWARD u d SUPERMAN PINGAT PANG MALAYSIA BOLEH FARGE 168(yat-lok-fak)..BROVOHHHHHHHHHH...........CHEERRRRR...............BCC????????????

Posted by coffeepimple > 2014-10-22 01:49 | Report Abuse

congratz farge168

voonyoke

1,036 posts

Posted by voonyoke > 2014-10-22 03:32 | Report Abuse

Avago up 5.64%. Inari will rise up to RM3 soon within this month.

wangge

728 posts

Posted by wangge > 2014-10-22 09:17 | Report Abuse

Farge168 small small boy! 70K copies don't " tian " here ! I see you no up!

wangge

728 posts

Posted by wangge > 2014-10-22 09:24 | Report Abuse

Voonyoke, few times already you posted 3 am ~4am. Really wants $, no sleep like night cat !
Health # 1, harmony #2, wealth #3.

Posted by Ahmad Muzamil Ahmad Murad > 2014-10-22 09:54 | Report Abuse

Good morning.... Happy Deepavali

wangge

728 posts

Posted by wangge > 2014-10-22 10:00 | Report Abuse

Hello Ahmad selamat pagi, Muhhibah lah ! Kita orang Malaysia, haha.

Posted by Ahmad Muzamil Ahmad Murad > 2014-10-22 10:03 | Report Abuse

Ya laa..... of course. Malaysia Boleh.

But I'm working today sad... Sarawak no holiday on Deepavali.

wangge

728 posts

Posted by wangge > 2014-10-22 10:21 | Report Abuse

Ahmad you Sarawakian?

Posted by Ahmad Muzamil Ahmad Murad > 2014-10-22 10:35 | Report Abuse

Nope, from peninsula... I'm working here, more than 2 years already.

CHONGWAY

340 posts

Posted by CHONGWAY > 2014-10-22 11:06 | Report Abuse

i yes good morning everyone agree with uncle wangge ,but during last few days always sleep late la 1 am is normal already ..thanks voonyoke your sacrifice time just to give us a positive info

voonyoke

1,036 posts

Posted by voonyoke > 2014-10-22 12:23 | Report Abuse

Hi Wangge.Thanks for your concern. BTW, I am at oversea now.
Hi Chongway. No problem. I am just doing my part to confident the other investors. Confidence is importance at this moment.

Farge168

861 posts

Posted by Farge168 > 2014-10-22 12:44 | Report Abuse

I'm not "tian",but merely show my support & confidence in Inari although price has gone up quite high for last couple of days.At least,I'm honest,not like someone who already exit,buy back at lower price & continue to "blow water" pretending that he is loyal supporter who never abandon Inari & its supporters,ha...ha...ha,you know who you are??

Posted by bullrun_star > 2014-10-22 13:24 | Report Abuse

Today is the Festival of Lights . Every one should cherish and be happy. Furthermore , inarian is happy with the current progress. FORGIVENESS is the key for happiness . My simple remarks for today......

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