KLSE (MYR): INARI (0166)
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AvagoInsider
22 posts
Posted by AvagoInsider > 2016-05-23 23:21 | Report Abuse
Very obvious is EPF or KWAP buying Inari share this few days as KLCI Index.
Hong Leong Investment did deeper research than other banks this time.
RF : P13B extension ready but not order to run.
PCL : joint venture is not on RFIC business, is Fiber Optic business. PCL is CM for Avago QSFP as Inari Philippine also. Foxconn is running QSFP their own. so Inari and PCL will continue produce Avago products underground?
IIS: P21 just register a new company name to get MIDA loan without any business?
The CK2 expansion at Clark Field factory is for QSFP production line previously, now no order to run.
Business opportunity with Osram is expected to be delayed.
So currently Inari just surviving by RFIC business and FOREX gain.
Just don't understand why EPF and KWAP still buy...
The more they buy, the less share MIDA will get as RM100 million repayment.