Posted by GooShen > 2020-05-15 11:42 |

Post removed.Why?

Posted by investmalysia > 2020-05-15 13:12 | Report Abuse

Hope you’re right gooshen, then I can buy at cheap price. Now the sentiment are not good. People worry about second wave and business confidence drop

Posted by EatCoconutCanWin > 2020-05-15 14:25 | Report Abuse

Manufacturing being pull out from China. is the time to invest in Inari, keep accumulate before it shoot up 3X in Q4 estimate.

Posted by GooShenNo1Fan > 2020-05-15 15:52 | Report Abuse

https://finance.yahoo.com/news/iphone-maker-hon-hai-profit-062822352.html


(Bloomberg) -- Hon Hai Precision Industry Co.’s profit plunged by the most on record after the coronavirus disrupted its China production and walloped global smartphone demand.

Apple Inc.’s most important manufacturing partner recorded a 89% decline in net income to NT$2.1 billion ($70 million) in the first three months of 2020. Revenue slid almost 12% to NT$929.7 billion, according to Bloomberg News’ calculations based on previously reported monthly sales numbers.

The earnings decline drove home to extent to which Covid-19 and the resultant global lockdown has chilled electronics demand and driven up costs for upstream producers like Hon Hai that had to adapt to supply chain disruption. Global shipments of smartphones fell at their fastest rate on record in the first quarter, hitting the assembler’s sales even though its main production facilities managed to return to full seasonal staffing levels around mid-March.

On Friday, Hon Hai, known also as Foxconn, said it incurred costs related to the pandemic of NT$10 billion, though some of that will be compensated by the Chinese government. It added it had put the worst of the slump behind it and revenue should recover to double-digit sequential growth this quarter. But the company, which gets half its sales making iPhones and devices for Apple, warned smartphone demand remained uncertain.

Read more: Global Smartphone Market Suffered Worst Contraction in History

Production at many of Apple’s Asian partners ground to a halt after efforts to curb the spread of Covid-19 kicked in. That resulted in severe shipping delays for devices and led to component supply bottlenecks. Consumers also sheltered at home, hammering retail sales. At one point, Apple shuttered all 42 retail outlets in China, a critical market for the company, followed by store closures in other countries. While shops in China have reopened, most of its international ones have not.

Covid-19 has also delayed product development and launches. Apple’s four upcoming redesigned iPhones with 5G will come out several weeks later than usual -- but still within the fall window -- Bloomberg News has reported. In May, Apple failed to provide a forecast for the first time in more than a decade.

Foxconn has already slashed its 2020 revenue projections in the wake of the pandemic. It told investors in April that it still has time to help Apple launch new iPhones in time for the holidays, but cautioned the schedule could be disrupted if the pandemic persists.

What Bloomberg Intelligence Says

Hon Hai’s sales pressure from the coronavirus pandemic, U.S.-China trade disputes, smartphone-market weakness and a broader slowdown in tech spending won’t abate quickly and will likely mean a w-shaped sales recovery through 2020, even as its Chinese manufacturing gets back to full seasonal capacity.

- Matthew Kanterman, analyst


Wonder if this Statistic and news impact the earnings of Inari/any company related to phone maker ?

Posted by yorkyork > 2020-05-16 20:17 | Report Abuse

Foxconn totally can’t operate in China la. But mco time inari still able. Lembu ka

Posted by Master123 > 2020-05-17 07:57 | Report Abuse

Haiz..Foxconn result so disappointed. No wonder director keeping dispose shares lately.

Posted by yorkyork > 2020-05-17 11:36 | Report Abuse

东西要看远. 上市到现在都丢了不少票..问题在于你 不是公司.

Posted by stncws > 2020-05-17 11:37 | Report Abuse

现在远蛮危险的。。人家看好会

Posted by stncws > 2020-05-17 11:38 | Report Abuse

去年看好新航。竟然现在亏$_$。。。

Posted by monetary > 2020-05-17 13:31 | Report Abuse

company can print more shares n director can sell more shares. shareholders can demand management to stop esos but allow management to increase staffs' salaries n directors renumeration. Can voice out in agm.

Posted by monetary > 2020-05-17 13:32 | Report Abuse

stcws. 飞机不能飞。电话可以用吗？

Posted by superthunder > 2020-05-18 09:30 | Report Abuse

Inari business up 80% should be up to 1.45
by today

Posted by GooShenNo1Fan > 2020-05-18 12:10 | Report Abuse

Let’s go superthunder Inari the best!

Posted by GooShen > 2020-05-18 14:27 |

Post removed.Why?

Posted by GooShenNo1Fan > 2020-05-18 15:16 | Report Abuse

All hail king GooShen

Posted by superthunder > 2020-05-18 15:19 | Report Abuse

Yes Gooshen, inari up up

Posted by EatCoconutCanWin > 2020-05-18 17:15 | Report Abuse

CEO disposed...you know i know la...result...

Posted by investmalysia > 2020-05-18 18:41 | Report Abuse

Maybe short term is not good. But 5G will proceed anyhow. Matter of time

Posted by GooShen > 2020-05-18 19:40 |

Post removed.Why?

Posted by moneyfind > 2020-05-19 01:21 | Report Abuse

Gooshen idss still suspend lo..no profit earn by u lo now

Posted by monetary > 2020-05-19 08:04 | Report Abuse

in midterm huawei is finished. iPhone will b market leader again.

Posted by mf > 2020-05-19 08:06 | Report Abuse

COVID-19: Firma AS dakwa ujian klinikal pertama vaksin berjaya
Astro Awani, Agensi | Diterbitkan pada Mei 19, 2020 06:30 MYT | Durasi: 30 saat

Posted by monetary > 2020-05-19 09:07 | Report Abuse

huawei either get access to Samsung chip or it will drop back to kirin710a, 2018 tech. no more 5G phone.

Posted by Stock Wizard ( no sell no loss ) > 2020-05-20 10:13 | Report Abuse

very less movement , how many insas want to dispose lol

Posted by GooShenNo1Fan > 2020-05-20 10:54 | Report Abuse

It’s always a good thing for insas to sell. Make the company more liquid. Hehehe... to make retailer push the price to fly hehehe

Posted by Stock Wizard ( no sell no loss ) > 2020-05-20 15:18 | Report Abuse

finally ..

Posted by superthunder > 2020-05-20 15:29 | Report Abuse

1.50 is coming

Posted by scooter > 2020-05-20 15:30 | Report Abuse

volume & price UP UP UP!!

Posted by Bepatience > 2020-05-20 15:46 | Report Abuse

Something going on ,, hold tight .. major share holder disposed since last months , Never judge it too simple , see the cover of the book

Posted by monetary > 2020-05-20 17:16 | Report Abuse

https://www.google.com/amp/s/www.cnbc.com/amp/2020/05/20/apple-unlikely-to-face-backlash-from-china-over-us-huawei-chip-rule.html

China is fighting a losing battle.

Posted by monetary > 2020-05-20 18:36 | Report Abuse

I have no idea what's the insider selling about. Huawei is trying to stock 5nm & 7nm SoC chips for the rest of 2020 but TSMC rejected it's order. Basically iPhone 12 will b the champ in 2H20. That should b a very positive catalyst for Inari.

Posted by yorkyork > 2020-05-21 02:30 | Report Abuse

Prepare some cash to average down. Penang semicon all good, I see orders coming in, but outside Malaysia still unknown. Remember to average After result cos this might Ur last chance see it below 1.50. In few weeks time. And happy holding.

Posted by monetary > 2020-05-21 08:29 | Report Abuse

Gtronic MPI good result. I think Inari should b ok.

Posted by yorkyork > 2020-05-21 08:59 | Report Abuse

Can’t tell u, just prepare cash

Posted by GooShen > 2020-05-21 09:17 | Report Abuse

You finally agree to excellent GooShen!! Haha yes yes sell all now. Fake rebound gonna make you trap holland !!!

Posted by superthunder > 2020-05-21 10:33 | Report Abuse

Buy buy now. Next month can reach 1.60

Posted by Bepatience > 2020-05-21 10:50 | Report Abuse

Buy now , time to accumulate more , just hold it tight n enjoy the return within few week time . Cheers

Posted by yorkyork > 2020-05-21 14:43 | Report Abuse

just average. after result out. dont worries much.

Posted by yorkyork > 2020-05-21 14:44 | Report Abuse

no point u want beli at this time or average at this time. result soon.

Posted by investmalysia > 2020-05-21 16:16 | Report Abuse

@yorkyork, you’re saying just average and then say no point average. What are you trying to say lol

Posted by GooShenNo1Fan > 2020-05-21 16:37 | Report Abuse

@investmalysia he’s saying that there’s no point waiting for other price point to average. We can never tell where the price is going especially with the QR coming and uncertainty for the next coming QRs. If you truly believe in this company and it’s business model, just put your money in and enjoy the ride :DD

Posted by ShareShaker > 2020-05-21 16:42 | Report Abuse

@superthunder 1.60? I aim to TP at 1.70...they will push it up before result out

Posted by investmalysia > 2020-05-21 16:45 | Report Abuse

Yes. Just buy and close eyes.

Posted by superthunder > 2020-05-21 16:47 | Report Abuse

Shareshaker@yesyes...hope to get 2.00

Posted by limitupupup > 2020-05-21 18:28 | Report Abuse

gg consecutively profit decreasing.

Posted by wesley_gold > 2020-05-21 18:33 | Report Abuse

gg tomorrow have to cut profit...

Posted by GooShen > 2020-05-21 19:05 | Report Abuse

Proven again and again excellent GooShen is always right !!! Here too many conman, only me GooShen is excellent. Told you run why don’t listen? Now you cry selling 1.00 I also don’t want.

Posted by GooShen > 2020-05-21 19:06 | Report Abuse

Super duper disappointing quarter. Tomorrow limit down got chance.

Posted by MK1234 > 2020-05-21 19:27 | Report Abuse

Is because of slightly decreased of profit can make of limit down tomorrow? Pls using the brain to think don't use the ass to think.... This kind of stupidity comment totally brainless..... Pls study the definition of Limit down first while comment....

Posted by yorkyork > 2020-05-21 19:43 | Report Abuse

After result average