INARI AMERTRON BERHAD

KLSE (MYR): INARI (0166)

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Last Price

2.82

Today's Change

-0.03 (1.05%)

Day's Change

2.81 - 2.88

Trading Volume

8,228,700


63 people like this.

45,992 comment(s). Last comment by dawchok 1 week ago

BUCKBUNNY

1,217 posts

Posted by BUCKBUNNY > 2016-02-23 09:59 | Report Abuse

RM4 not a problem..

probaby

438 posts

Posted by probaby > 2016-02-23 11:45 | Report Abuse

oh... shit...today is drop...3sen.. RM 3.37

Posted by acung_lung > 2016-02-23 14:25 | Report Abuse

buy slice @3.38

Posted by Mohd Fahmi Bin Jaes > 2016-02-23 14:27 | Report Abuse

quarter report anytime

wetmarket

264 posts

Posted by wetmarket > 2016-02-23 14:31 | Report Abuse

RM4 - how soon will reach?

Posted by Nanyangchew > 2016-02-23 16:33 | Report Abuse

Last call!!!

kevin5059

933 posts

Posted by kevin5059 > 2016-02-23 18:13 | Report Abuse

Q report should be out by today. Stay tune..

Posted by Mohd Fahmi Bin Jaes > 2016-02-23 18:59 | Report Abuse

quarrter report out. small net profit up. +dividen. not interesting

Posted by Lukesharewalker > 2016-02-23 20:32 | Report Abuse

Within expectations. New contract announcement soon...

cmchin

146 posts

Posted by cmchin > 2016-02-23 21:51 | Report Abuse

Has room to growing up.

Posted by Lukesharewalker > 2016-02-23 21:57 | Report Abuse

Analysts love a growth story..

Posted by FactsAndFigures > 2016-02-24 09:04 | Report Abuse

Short Sighted

leelc99

871 posts

Posted by leelc99 > 2016-02-24 09:24 | Report Abuse

Game started

Posted by Lukesharewalker > 2016-02-24 09:42 | Report Abuse

I agree. Game started...
Uptrend forming

wetmarket

264 posts

Posted by wetmarket > 2016-02-24 09:44 | Report Abuse

There is always some fellow bounce out from nowhere to comment Game Over, Falling Knife and etc without much facts.

timing

726 posts

Posted by timing > 2016-02-24 10:05 | Report Abuse

maybe they will suggest "penny stock" instead

klsenoob

75 posts

Posted by klsenoob > 2016-02-24 14:33 | Report Abuse

Announcement of 100mil grant...congrat Inariansss!!!

wetmarket

264 posts

Posted by wetmarket > 2016-02-24 15:00 | Report Abuse

klsenoob - link please.thanks.

Posted by Nanyangchew > 2016-02-24 15:54 | Report Abuse

Why result good but still drop??

Posted by millionology > 2016-02-25 08:31 | Report Abuse

Because yesterday overall market was very bad. Today will be better i guess

probaby

438 posts

Posted by probaby > 2016-02-25 10:19 | Report Abuse

shit... inari... profit so low...

Posted by millionology > 2016-02-25 10:48 | Report Abuse

actually revenue and profit before tax has increased compare with last quater

kevin5059

933 posts

Posted by kevin5059 > 2016-02-25 11:24 | Report Abuse

What klsenoob said is true. New grant awarded, but I'm not sure about the amount. If really 100 millions, then:

100,000,000/952,678,000 (outstanding shares) = RM 0.105 per share.

Inari just save another 10.5sen per share for their capex for the new building equipment. Meaning another 10.5 per share will be contributed directly into our EPS.

Isn't that a good news?

Below are my calculation of the intrinsic value of Inari (may or may not be correct way).
If we look at the recent quarter report, in the cash flow report, there was RM23.2 million depreciation declared. Which lead to 2.43sen per share.

And RM 73.16 million was used for Purchase of property, plant and equipment. Which lead to 7.68sen per share.

If without considering the CAPEX and depreciation in the recent report, Inari share holder EPS should be 5.61 + 2.43 + 7.68 = 15.72sen but not 5.61sen as reported.

Imagine what will happen after inari completed all its expansion and capex. Then how the financial report will look like?? lol.

Time to buy before it is too late guys.

Farge168

861 posts

Posted by Farge168 > 2016-02-25 15:12 | Report Abuse

My advice is leave the stock market for the time being,too volatile,have to monitor oil price,dow performance,China stock market crash,North Korea,Syria issue,etc.Even good counter like Inari also cannot spare,just my 2 cts.

samer

1,427 posts

Posted by samer > 2016-02-25 15:55 | Report Abuse

Give dividend also drop woh!

Posted by Nanyangchew > 2016-02-25 16:56 | Report Abuse

Run pa

valueguru

145 posts

Posted by valueguru > 2016-02-25 17:01 | Report Abuse

According to HL bank report - RF’s revenue contribution fell below 50% in 2QFY16 due to stock adjustment coupled with the expectation of slower growth in smartphone market, especially in China. While it remained high in Jan, Feb and Mar RF wafer loadings are expected to decline 20% mom. As such, P13B extension has been halted temporarily.

angku

489 posts

Posted by angku > 2016-02-25 17:06 | Report Abuse

haha, market is not good

Posted by Mohd Fahmi Bin Jaes > 2016-02-25 17:08 | Report Abuse

maybank tp 4.30
RM 4 also cannot la

Posted by Lukesharewalker > 2016-02-25 17:09 | Report Abuse

1st wave completed

zhm540

2,491 posts

Posted by zhm540 > 2016-02-26 09:27 | Report Abuse

if price does not move up today, a lot of contra players will get burn by next week. so expect price to remain low due to forced selling later.

Posted by Lukesharewalker > 2016-02-26 09:37 | Report Abuse

3rd wave starting....
Contra players is a myth, who plays shares expecting it to rise in 3 days

zhm540

2,491 posts

Posted by zhm540 > 2016-02-26 10:43 | Report Abuse

managed to sell mine at 3.40 earlier and within 3 days!. now waiting to come back if the price drop below 3.20.

nekosan

3,637 posts

Posted by nekosan > 2016-02-26 14:44 | Report Abuse

gem. smart phone wont die. another MPI in the making.

ahjibkor

12 posts

Posted by ahjibkor > 2016-02-27 21:52 | Report Abuse

IT-related manufacturing, trading and services division:

The Board is cautiously optimistic on the IT unit and Inari Amertron Group in maintaining their
positive financial performance in the current financial year amidst the volatility in the global
markets in the first half of 2016 which is likely to affect the results for FY2016 of Inari Amertron
Group.

shahrin

106 posts

Posted by shahrin > 2016-02-28 09:35 | Report Abuse

ahjibkor. is 2016 an improvement year ?

CUTLOST

5,178 posts

Posted by CUTLOST > 2016-02-29 00:16 | Report Abuse

Good..My Tp Rm8

Posted by Lukesharewalker > 2016-03-01 15:28 | Report Abuse

Buy! Anytime now

BUCKBUNNY

1,217 posts

Posted by BUCKBUNNY > 2016-03-02 12:48 | Report Abuse

yup ,,good time to collect now.

Posted by Lukesharewalker > 2016-03-02 15:13 | Report Abuse

Train leaving soon

wetmarket

264 posts

Posted by wetmarket > 2016-03-03 09:02 | Report Abuse

lukesharewalker - can shed light why saying the train is leaving soon? anything is boosting the share price real soon?

Posted by Lukesharewalker > 2016-03-03 16:19 | Report Abuse

New contract
..

wangge

728 posts

Posted by wangge > 2016-03-03 19:59 | Report Abuse

OTHERS INARI AMERTRON BERHAD - PROPOSED ISSUANCE OF RM20.0 MILLION NON-REDEEMABLE CONVERTIBLE PREFERENCE SHARES ("CPS")

INARI AMERTRON BERHAD

Type Announcement
Subject OTHERS
Description INARI AMERTRON BERHAD
- PROPOSED ISSUANCE OF RM20.0 MILLION NON-REDEEMABLE CONVERTIBLE PREFERENCE SHARES ("CPS")
The Board of Directors of Inari Amertron Berhad (“Inari”) is pleased to announce that Inari Integrated Systems Sdn. Bhd. (f.k.a Excelmation Sdn. Bhd.) (“IISB”), a wholly-owned subsidiary of Inari had on 12 February 2016 received a letter of approval from Malaysian Investment Development Authority ("MIDA") for a matching (1 : 1) grant to modernise and upgrade the manufacturing facilities, equipment and machineries of IISB for the manufacture of Advanced Communication Chips and Die Preparation, as follows :

(i) RM20 million matching grant shall be in exchange of CPS to be issued by Inari to MIDA or its nominee and the CPS is convertible into ordinary shares of Inari at any time within a period of 3 years at a conversion price to be determined. The CPS shall bear dividend at 2.0% per annum from the date of issuance until the date of conversion of the CPS; and

(ii) RM80 million matching grant shall be disbursed by MIDA to IISB within a period of 3 years and IISB shall pay dividend/interest at the rate of 2% per annum for a period of 10 years.

The detailed terms and conditions of the CPS will be announced in due course and the issuance of the CPS and the terms thereof will be subject to the approval of the relevant authorities and the shareholders of Inari at an Extraordinary General Meeting to be convened.

This announcement is dated 3 March 2016.


Announcement Info
Company Name INARI AMERTRON BERHAD
Stock Name INARI
Date Announced 03 Mar 2016
Category General Announcement for PLC
Reference Number GA1-19022016-00008

wangge

728 posts

Posted by wangge > 2016-03-03 20:04 | Report Abuse

RM100M MIDA grant official annoucement !!!
Next will be Broadcom new mega contract annoucement ???
Who know ??

Posted by Lukesharewalker > 2016-03-03 23:19 | Report Abuse

Impressive

Posted by Mohd Fahmi Bin Jaes > 2016-03-04 09:33 | Report Abuse

fly

valueguru

145 posts

Posted by valueguru > 2016-03-04 09:39 | Report Abuse

The current price is price for perfection. If you were to take the fully diluted share count, including warrant A + warrant B + employee share option + CPS, total share count is closer to 1.1 billion. Many analysts either lazy or trying to hide this fact so as to paint a better EPS. The forward PE is still too high for action. Major shareholder sold early this year, institutions taking a wait and see attitude. Retail investor should act with caution.

Posted by Lukesharewalker > 2016-03-04 09:42 | Report Abuse

Breakout soon!

wangge

728 posts

Posted by wangge > 2016-03-04 09:58 | Report Abuse

For whatever reasons, 100M grant about equivalent
~ 9 cent EPS.
~37% yearly OP!
~37% reduction the P

It is significant !!

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