INARI AMERTRON BERHAD

KLSE (MYR): INARI (0166)

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Last Price

3.19

Today's Change

+0.20 (6.69%)

Day's Change

3.04 - 3.22

Trading Volume

54,491,300


63 people like this.

45,976 comment(s). Last comment by Chellons 18 hours ago

Hazzyy

191 posts

Posted by Hazzyy > 2019-12-23 12:09 | Report Abuse

He has no idea, only ask to sell in all counters. After 100 calls surely one day it will fall. IG he had even one call for buy please show.

CUTLOST

5,178 posts

Posted by CUTLOST > 2019-12-23 12:17 | Report Abuse

Slow2 back tu support 1.40

paperplane

21,658 posts

Posted by paperplane > 2019-12-23 12:20 | Report Abuse

If future world no need wifi, inari is useless??

paperplane

21,658 posts

Posted by paperplane > 2019-12-23 12:21 | Report Abuse

Apple has a secret team working on satellites to beam data directly to your phone, bypassing wireless networks. Work on the project is still early, but CEO Tim Cook has shown interest in it, indicating it’s a company priority. https://bloom.bg/2Q97LE1

paperplane

21,658 posts

Posted by paperplane > 2019-12-23 12:22 | Report Abuse

The article of nothing has changed is simply ignorance. Future keep changing, especially technology

RainT

8,448 posts

Posted by RainT > 2019-12-23 14:29 | Report Abuse

down more please

EngCCCC

257 posts

Posted by EngCCCC > 2019-12-23 14:39 | Report Abuse

Parking at 1.60
Please sell to me

EngCCCC

257 posts

Posted by EngCCCC > 2019-12-23 14:48 | Report Abuse

At 1.60 waiting quantity is 28,446

EngCCCC

257 posts

Posted by EngCCCC > 2019-12-23 14:51 | Report Abuse

Now 29,486
I just queue more.
Please sell to me

ahbah

6,236 posts

Posted by ahbah > 2019-12-23 14:59 | Report Abuse

Inari is still strong ?

paperplane

21,658 posts

Posted by paperplane > 2019-12-23 15:00 | Report Abuse

1.4 below

goldlabel

71 posts

Posted by goldlabel > 2019-12-23 15:00 | Report Abuse

boxing sales 15% discount

GooShen

5,400 posts

Posted by GooShen > 2019-12-23 15:10 | Report Abuse

Last call to sell. You gonna regret again !!!

ray1980

2,992 posts

Posted by ray1980 > 2019-12-23 15:28 | Report Abuse

Have chance drop to 1.58 because ding dong players can't pay real money...

mf

29,075 posts

Posted by mf > 2019-12-23 15:35 | Report Abuse

Sell

ahbah

6,236 posts

Posted by ahbah > 2019-12-23 15:50 | Report Abuse

Why sell at the bottom ?

Can U make moni this way ?

Mabel

24,103 posts

Posted by Mabel > 2019-12-23 16:20 | Report Abuse

Wah still got more discount?

Ina, Mummy is waiting at 1.60

Come baby come...

EngCCCC

257 posts

Posted by EngCCCC > 2019-12-23 16:30 | Report Abuse

Mabel, think 1.60 no reach. If reach we will be happy. At 1.60 quantity 36,455 increase from 29,486 at 2:51pm

Mabel

24,103 posts

Posted by Mabel > 2019-12-23 16:53 | Report Abuse

Yes EngCCCC

It's possible.. I think we can collect it this week..

Just be patience..

RainT

8,448 posts

Posted by RainT > 2019-12-23 17:26 | Report Abuse

below 1.60 is good buy

Jokers2020

2,006 posts

Posted by Jokers2020 > 2019-12-23 18:23 | Report Abuse

Since the root cause for INARI to fall is because of Broadcom plan to sell off RF business, we go though some studies find that recent news are merely make out by media, which have no fact at all. 




 

The market have full of unofficially rumour about Broadcom decided to sell off one of its largest wireless-chip businesses.

 

However after we study though and read from varible sources, we find that Broadcom never mention want to sell, and not going to find the right buyer for it.

 

The chip maker is formally shopping the unit that makes radio frequency, or RF, chips for smartphones. Out of no where many news go and simply interpret Broadcom reported the fiscal fourth-quarter conference call for discuss results, Broadcom Chief Executive Hock Tan called the wireless businesses “stand-alone franchises” that don’t fully mesh with the company’s other operations.

When this “stand-alone franchises” message come out, all media interpret as Broadcom wanted to sell off the wireless business. It's highly misleading at some point because if may not the true meaning as Broadcom Chief Executive Hock Tan din't said want to sell it out. 

“stand-alone franchises” could mean to let it go IPO, have new management in control which Broadcom can have better focus in other business, which doesn't mean have to fully sell it. Could be only part of it. Especially when " franchises" mean for an authorization granted by a government or company to an individual or group enabling them to carry out specified commercial activities, for example acting as an agent for a company's products. So it could be still under Broadcom control !

Worst that when we double check the news press on Broadcom about the fiscal fourth-quarter, there din't mention anything about this stand alone ! 

https://investors.broadcom.com/news-releases/news-release-details/broadcom-inc-announces-fourth-quarter-and-fiscal-year-2019

 



 

Not a single word mention about this wireless business. But positive that semiconductor business is bottoming up !

 

https://investors.broadcom.com/news-releases/news-release-details/broadcom-inc-announces-fourth-quarter-and-fiscal-year-2019


 

Out of no where news mention that Broadcom is working with Credit Suisse to find a buyer with the hopes of landing a deal in the neighborhood of $10 billion. This has not been announced by Broadcom or Credit Suisse. 

 

 

Talking about Selling the RF unit is different: Chips that filter signals for smartphones was a key segment for Avago before it began a wave of acquisitions early in the decade. The business is highly concentrated; Apple Inc. accounted for more than one-fifth of Avago’s revenue before the merger with Broadcom. Apple and Samsung are still believed to account for the majority of Broadcom’s RF chip sales, which also makes both problematic as potential buyers. Apple in particular has plenty of cash and a known desire to bring more of its chip-design work in house, but it is also highly unlikely to buy a business that would continue supplying key components to its longtime rival. 


Especially when Broadcom has just sign 2 year contract with APPLE, what for they want to sell it? 

 

https://www.bizjournals.com/sanjose/news/2019/06/11/broadcom-apple-contract-radio-frequency-modules.html
 

 

How about other potential buyer ? Broadcom’s main competitors, Skyworks Solutions only has about $1 billion in cash on its books and Qorvo a little more than half that much. A $10 billion deal way to expensive for them and sharply increase each one’s dependence on Apple in particular. Apple already accounts for more than half of Skyworks’s revenue.

 

Other strategic buyers face their own challenges just like Qualcomm is ramping up its own RF business but may hardly striking a deal with Broadcom as previously Broadcom just Fail to take over Qualcomm. Foreign company such as Taiwan’s MediaTek and Japan’s Murata would face regulatory scrutiny since a deal presumably would include Broadcom’s domestic chip-fabrication facilities. Intel also has been named as a speculative suitor. However the chip giant’s recent M

Posted by SpicyMcDeluxe > 2019-12-24 02:18 | Report Abuse

Boss LTA, allow comment in your blog post la, more beneficial that way can have various input

CUTLOST

5,178 posts

Posted by CUTLOST > 2019-12-24 07:46 | Report Abuse

Hope 4 santa claus push up to 1.80 or 2.00

Posted by share4u2020 > 2019-12-24 07:50 |

Post removed.Why?

GooShen

5,400 posts

Posted by GooShen > 2019-12-24 08:57 | Report Abuse

Sellllll !!!!! Gonna drop below 1.60 to 1.20 !!!!

ahbah

6,236 posts

Posted by ahbah > 2019-12-24 09:00 | Report Abuse

Mkt uptrend now.

Think positive.

RainT

8,448 posts

Posted by RainT > 2019-12-24 09:41 | Report Abuse

drop more please

ray1980

2,992 posts

Posted by ray1980 > 2019-12-24 09:54 | Report Abuse

If Jan 2020 coming,the stock price still weakness performance,that mean Inari company inside know the business results already.This is a signal to monitor...

dknycom

1,235 posts

Posted by dknycom > 2019-12-24 09:58 | Report Abuse

EPF still buy in...

CUTLOST

5,178 posts

Posted by CUTLOST > 2019-12-24 10:06 | Report Abuse

Squeeze the orange juices

GooShen

5,400 posts

Posted by GooShen > 2019-12-24 10:08 | Report Abuse

After vis, my kheesan shoot up again. Big Christmas gift !!!

GooShen

5,400 posts

Posted by GooShen > 2019-12-24 10:11 | Report Abuse

Oi si lo, 1.61, only me dare to say dead cat rebound is to sell. Proven again the excellent GooShen is always true!!!!

Mabel

24,103 posts

Posted by Mabel > 2019-12-24 10:23 | Report Abuse

Mummy still waiting to top up at 1.60..

Come Ina Come....

ray1980

2,992 posts

Posted by ray1980 > 2019-12-24 10:30 | Report Abuse

OMG!Malaysia November export shown fall 7.4% yoy,worst since April 2016.

GooShen

5,400 posts

Posted by GooShen > 2019-12-24 10:31 | Report Abuse

You buy Penta 4.60 now 4.56, hahaha

uncle ykk

575 posts

Posted by uncle ykk > 2019-12-24 10:32 | Report Abuse

Still q at 1.50

Posted by Jordan_Tulid > 2019-12-24 11:13 | Report Abuse

Logic Trap Analysis already make buy call since last week..

Mabel

24,103 posts

Posted by Mabel > 2019-12-24 11:15 | Report Abuse

Good idea uncle ykk...

EngCCCC

257 posts

Posted by EngCCCC > 2019-12-24 11:45 | Report Abuse

Mabel, think today also cant 1.60
Hope your said this week can.

RainT

8,448 posts

Posted by RainT > 2019-12-24 11:49 | Report Abuse

market uptrend not mean INARI also will uptrend

that is why mutual funds outperform index sometime

GooShen

5,400 posts

Posted by GooShen > 2019-12-24 11:59 | Report Abuse

Haters that laugh at me at kheesan, where are you today? Big profits if you follow me !!!!

Mabel

24,103 posts

Posted by Mabel > 2019-12-24 12:05 | Report Abuse

@EngCCCC Mabel, think today also cant 1.60
Hope your said this week can.
24/12/2019 11:45 AM

What RainT said is true...Market is on the uptrend...

I have collected enough during the 1st two batches...

I'm putting my 3rd batch at 1.60 just in case if it drops further...

Otherwise, I'm more than happy to see Ina fly up to 1.88 either before the New Year Starts or even during the CNY Rally...

As the saying goes, once the selling stops, there's any one direction to go.....UP!

GooShen

5,400 posts

Posted by GooShen > 2019-12-24 12:09 | Report Abuse

Don’t cheat la, you think you print money meh!!!!

ray1980

2,992 posts

Posted by ray1980 > 2019-12-24 12:16 | Report Abuse

Mabel,want to shoot up to high price need strong revenue and profits.Not CNY issue can make moving,keep becareful and patient...

CITADEL

1,867 posts

Posted by CITADEL > 2019-12-24 12:20 | Report Abuse

big fund belum sapu, only sapu one bid 1.63

Mabel

24,103 posts

Posted by Mabel > 2019-12-24 12:38 | Report Abuse

@CITADEL big fund belum sapu, only sapu one bid 1.63
24/12/2019 12:20 PM

Citadel is a smart man...

Two factors why believe 1.88 is doable...

I saw an Edge write up that Foreign Fund has started to come back two days ago. Hence what Citadel said is highly possible.

2nd is this report from IB...

Inari Amertron has been sold down during the last few sessions. As the RSI dipped, it has become oversold. It may rebound in the coming session if it breaks above the resistance price of RM1.65. If this happens, the short-term target price will be RM1.76, followed by RM1.88. Support is anticipated at RM1.58, whereby traders may exit on a breach to avoid the risk of a further correction.

Trading Call: Buy upon breakout above RM1.65
Target: RM1.76, RM1.88 (time frame: 3-6 weeks)
Exit: RM1.58

Source: AmInvest Research - 23 Dec 2019

CITADEL

1,867 posts

Posted by CITADEL > 2019-12-24 12:42 | Report Abuse

now holiday mood, Merry Christmas all!!

Mabel

24,103 posts

Posted by Mabel > 2019-12-24 12:44 | Report Abuse

Cheers CITADEL!

CITADEL

1,867 posts

Posted by CITADEL > 2019-12-24 12:47 | Report Abuse

cheers Mabel!

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