Posted by chasechin > 2018-01-03 15:42 | Report Abuse

moooon

Posted by dalpinia > 2018-01-03 15:51 | Report Abuse

TP: RM4.28

Raising the Bar
Inari continues to be our preferred OSAT play for its solid expansion and execution of strategies. Strong and growing demand for premium RF filters has helped fuel most of Inari’s growth but new drivers (IRIS IR chips and its data server segment) will help propel a 3-year forward CAGR of 35%. Maintain BUY with a higher target price of RM4.28.

RF Expansion Faster Than Expected
Inari’s RF testers have grown to 960 units currently (750 testers at end FY17) and are projected to reach 1,000 units by end Dec-17. This has already far exceeded our FY18-20E assumptions; we had only modelled for RF testers to hit the 1,000 mark by FY20E. We believe that the complexity of the RF filters and 4G penetration remain the key drivers. We think 5G migration will provide an additional round of earnings catalysts.

IRIS IR and Data Server Business Contributing Nicely
While the IRIS IR business saw a stronger contribution in 1QFY18, there was some volume weakness in the early part of 2QFY18. We understand that volumes have picked up again and will run close to 10m units in December (from 5m units in September on enlarged capacity). Separately, the data server chip business has finally turned around. Currently running at 42 testers, this is set to grow to 52 by year end.

Further Capacity Expansion - Higher Capex of Up to RM180m for FY18
Inari is setting aside capex of up to RM180m for FY18 for the expansion of its RF (plant P13b to accommodate this with additional 120k sf) and its data server chip segment. Included also is capex for new product development for a German customer.

Maintain BUY and Higher TP of RM4.28
We raise only our FY19-20E earnings assumptions given the higher RF tester capacity. We are increasing our TP to RM4.28 from RM3.00 after applying a 20x PE (unchanged) on FY19E EPS (previously CY18E EPS). We maintain our BUY rating based on its strong growth prospects (3-year net profit CAGR of 35%) underpinned by solid demand for premium RF filters and additional key growth drivers including the IRIS IR and data server segments. Key downside risks: a slowdown in global demand for smart devices, rapid ASP erosion, loss of its customer base and the introduction of new technologies that may render Inari’s products obsolete.

Source: Affin Hwang Research - 4 Dec 2017

Posted by lcp421 > 2018-01-04 07:04 | Report Abuse

@Davino Can, Join Inari then u will know , LOL

Posted by investgo > 2018-01-04 09:10 | Report Abuse

reached 3.74 !

Posted by Avangelice > 2018-01-04 09:28 | Report Abuse

wth inari jump so much

Posted by quahsb > 2018-01-04 17:39 | Report Abuse

when the run starts, take profit as we go up. When the news out, it will correct

Posted by fkser > 2018-01-04 19:40 | Report Abuse

hari hari goreng

Posted by tecpower > 2018-01-06 12:06 | Report Abuse

2018 Broker's top pick. Great!

Semiconductor stocks

KESM
Inari
Unisem

https://klse.i3investor.com/blogs/kianweiaritcles/143271.jsp

Posted by kentwoon > 2018-01-08 12:48 | Report Abuse

Go go go. Up

Posted by kongxkong > 2018-01-08 18:00 | Report Abuse

inari is probably the only stock i might fall in love with

Posted by kongxkong > 2018-01-08 18:01 | Report Abuse

so solid and steady..damn

Posted by Ismylife73 > 2018-01-08 18:04 | Report Abuse

Ada bonis issue?

Posted by YC_Ma > 2018-01-08 21:23 | Report Abuse

happy

Posted by sysz820 > 2018-01-08 23:59 | Report Abuse

Dividen will issue this few day?

Posted by Tigerbeer > 2018-01-09 11:43 | Report Abuse

Dividend already received last few days

Posted by Ray Chong > 2018-01-09 13:03 | Report Abuse

Hold till atlease 4.80 .

Posted by kentwoon > 2018-01-09 13:36 | Report Abuse

Sell and run , all directors sell

Posted by Mohd Fahmi Bin Jaes > 2018-01-09 13:38 | Report Abuse

08-Jan-2018 Insider EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) disposed 1,500,000 shares on 03-Jan-2018.

Posted by kentwoon > 2018-01-09 13:39 | Report Abuse

Director dispose, crazy

Posted by kentwoon > 2018-01-09 13:42 | Report Abuse

What happens of management, four director disposed

Posted by Avangelice > 2018-01-09 14:06 | Report Abuse

lol I knew not to buy at the peak. who's so retarded to buy at this price 3.8

Posted by Ismylife73 > 2018-01-09 15:31 | Report Abuse

Wow. Why what happend

Posted by shpg22 > 2018-01-09 15:35 | Report Abuse

There are so many retards bought KESM at above 20.00,
3.80 is nothing. INARI is still undervalue compare to KESM

Posted by kentwoon > 2018-01-09 15:54 | Report Abuse

Sell and run, dangerous

Posted by kentwoon > 2018-01-09 15:57 | Report Abuse

Management problems, directors disposed

Posted by Ray Chong > 2018-01-09 17:28 | Report Abuse

Queue now to grab cheap price, one or 2 week can see result .

Posted by scteoh5882 > 2018-01-09 18:21 | Report Abuse

Dividend RCD yesterday

Posted by SkyWalk > 2018-01-09 22:31 | Report Abuse

Me too

Posted by sysz820 > 2018-01-09 22:49 | Report Abuse

Receive dividen,thank you inari

Posted by GodzillaZ > 2018-01-10 09:56 | Report Abuse

What happen to Inari?

Posted by GodzillaZ > 2018-01-10 09:57 | Report Abuse

Drop till

Posted by Buleh2 > 2018-01-10 09:58 | Report Abuse

dividend paid

Posted by Buleh2 > 2018-01-10 09:58 | Report Abuse

Don worry, will come back soon.

Posted by Ray Chong > 2018-01-10 10:21 | Report Abuse

Just buy at right price and hold until before March ,don't worry

Posted by Shichimi Togarashi > 2018-01-10 10:32 | Report Abuse

Try buy 5 lots at 3.45 testing.

Posted by GodzillaZ > 2018-01-10 10:50 | Report Abuse

Too early bought yesterday. Was bought at 3.7

Posted by Ray Chong > 2018-01-10 11:32 | Report Abuse

Total 200lots on hand ,average 3.57 . Hold around one month

Posted by Mohd Fahmi Bin Jaes > 2018-01-10 11:58 | Report Abuse

Target rm 4.20

Posted by kentwoon > 2018-01-10 12:07 | Report Abuse

Sell and run tp 3

Posted by kentwoon > 2018-01-10 12:07 | Report Abuse

Directors disposed,run

Posted by Mohd Fahmi Bin Jaes > 2018-01-10 13:36 | Report Abuse

09-Jan-2018 Insider EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) acquired 1,357,500 shares on 04-Jan-2018.

Posted by rahsia_pelabur > 2018-01-10 13:52 | Report Abuse

https://klse.i3investor.com/blogs/SASARANHARGASTOCK/143837.jsp

Posted by nicho85 > 2018-01-10 15:06 | Report Abuse

What's wrong inari today?

Posted by kentwoon > 2018-01-10 15:12 | Report Abuse

Sell and run , directors disposed,EPF disposed, what r u waiting?

Posted by gary > 2018-01-10 15:14 | Report Abuse

Posted by Investorrr > Jan 10, 2018 12:50 PM | Report Abuse

Double dips over at 3.45 and 3.47..price wil nver go below these 2 dips.

---------------------

3.43 now my dear investor

never say never in life

Posted by PlsGiveBonus > 2018-01-10 15:14 | Report Abuse

Originally Posted by boeing767:
I invested my life savings of RM26,000 in the stock market after the 2008 financial crisis, and then it ballooned up to like RM300,000+ in value, which at that time was valued at >US$100k. This was back in 2011.

After running away to the US, I "parked" my stock holdings with my mom. Unfortunately, she sold a bunch of stock away to pay for my lawyer fees (RM100,000) and bail. Also over the years, my stock portfolio isn't doing too well anymore, because Malaysia is going to hell under Najib.

However, I still managed to move over a significant amount of my money over to the US using Bitcoins. That's for emergencies only, which is why I never liquidated them, no matter how hard it was the first few months in the US.

Posted by TeamRocket > 2018-01-10 15:21 | Report Abuse

Why drop so much today?

Posted by Traderx > 2018-01-10 15:27 | Report Abuse

consolidate in order to move up. good for people who believe, i have accumulated some Inari.

Posted by TeamRocket > 2018-01-10 15:45 | Report Abuse

Not sure will drop how much...see d later can’t sleep.

Posted by Superb99 > 2018-01-10 15:46 | Report Abuse

i bought C9, low premium, cheap sales