mikekong55: bro inariw came under a lot of selling pressure at 1.65c and 1.62c like wht u mentioned. Nevertheless, it ended 5c higher for the day. Guess that is hw this counter moves. Ur position >500k Inariw reflects ur confidence in this stock. Hope it will move higher next week.
LIM. you're expert in FA/TA, surely you know where this inari is heading. now price is in uncharted territory. share price go up with increase in volume trade. if you think that the price is high;then I would advise you to sell first thing in the morning.
psd57. your cost cheaper than mine.my buy in price 1.60-1.62 yours 1.58. I thought you take profit this afternoon. never mind should move higher coming week.
mikekong55; Inariw - I am holding for next week as u said. No problem, based FA alone (FY13) it is a RM2.20 stock, the mother. Mother and warrant moved up 2.5% for the day; with volumes of 3.3m and 5.5m respectively.
meena; will get back to u later. Going for drinks with buddies to celebrate our winnings on CMSB and D'sonic. It was a tensed up day, all ended well. Cheers
ALL HERE. 10/3/14 will be the 2 months time frame on application for transfer to main board. likely scenario verdict will be out then. just hold on to your share.
changlk03, I'm worry about my Inari & Tropicana. hepitrade, dun worry I won't blame u, just inform me when u want to dispose. psd57, really a pro investor, now celebrating his winning on CMSB & Dsonic. Uncle Mike, how far still can Inari move?
LIM. will chart another high next week. most likely transfer to main board early april'14 if receive approval next week. so buy on rumour and sell on news,ok?
Because ppl keep perli me that I'm so brave to buy at the highest price. I bought warrant at RM1.62 & mother at RM2.06. I used 3 counters money to pump Inari, sure worry. Uncle Mike, please let me know when the right time to sell ya. =)
LIM. not necessary share price will escalate on main board transfer. this month price should be the highest. mother around 2.35/2.55 warrant around 1.95/2.15;so just hold/pick up and wait for inari to scale new high.
you need to enjoy our PENANG FOOD, need help can contact me, can give me your email address i give you contact number and introduce you our famous food!
FreeThink, looks like Tawin is losing power, I sold at 63.5 cents which I bought at 48 cents. gd2bkind, but the upside is limited as Uncle Mike said mother 2.35/2.55. I only will b back to Penang next saturday night, taking flight from Miri.
Mikekong: Bro...you can refer this page for more choices and everything about Penang....fantastic information provided by Timothy Tye..... http://www.penang-traveltips.com/food.htm
Technical View: INARI has been trading above its upward sloping 20-Day Moving Average which is a good sign. In addition, the price just broke the resistance of 2 reinforcing the bullishness in the recent price movement. This breakout was accompanied by a higher than average traded volume which shows the enthusiasm of the traders to push the price higher and past this resistance hence giving a higher probability of a successful breakout.
Mike: you must visit Annalakshmi this restaurant something different from other restaurants....Annalakshmi is probably the only restaurant in Penang to practice "pay as you will". Patrons are free to pay as much as they can afford or according to their hearts' desire. location Lebuhraya Babington, behind GH.
INARI BACKED BY SOUND FINANCIALS - Second Quarter (Q214) - Dec ‘13
(i) Sales CY'13 - RM 241,140 (ii)EPS CY'13 - 12.32c (iii)Sales Q1'14 (Sept'13)- RM 191,339 (iv) Sales Q2’14 (Dec’13) - RM 186,618 (v) Net Profit Q2’14 (Dec’13 )- RM 25.0m (190% increase compared to preceding Q2'13,(Dec'12) (vi) Net Profit, 6 mths year to date Dec 31 2013 - RM 46m (186.5% increase compared to preceding 6 mths year to date Dec 31 2012 of RM 16m ) (vii) EPS Q1'14 (Sept'13) - 4.69c (viii)EPS Q2'14 (Dec'13) - 5.31c (ix) Div 1.50c
Note: Sales ‘000
Remarks: (a) By Q2'14 they have achieved >100% of the sales for the whole of FY13 ended 30 June 2013 (b By Q2'14 they have achieved 81.0% of the earnings for whole of FY13 ended 30 June 2013 (c) Inari is already into the third quarter of fiscal 2014, with end of fiscal yr in June 2014, a mere 4 months away! The Q3'14 report (Jan 2014 – March 2014) should be out end May 2014. (d) WW economy recovery is stable, in particular US market and specifically the electronics /semicon industry. (e) TP 1 based on financials: PE 13.5x FY14 (30 June) earning per shares of 18.70c = RM 2.52c (f) TP 2 based on INARI’s rising investability: It is en-route for Main Board listing (expected by March 2014), should deserve a 20% premium valuation of an additional 50c, making it RM 2.52 + RM 0.50c = RM 3.02
meena: STAR - Sound financials & a good dividend paying stock. Try bottom fishing to get the right entry cost. At trending price of RM 2.19, the estimated dividend yield ranges between 7% to 8% based on the current attractive dividend policy of the company. Better then Fixed Deposit and EPF rate. Good luck.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Posted by hepitrade > 2014-01-02 18:04 | Report Abuse
What say you, bro & sis ?