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2014-04-06 00:39 | Report Abuse
THE MOST PROMISING AMONGST ALL COUNTERS AND THE STAR OF THE STOCK MARKET OR THE TOP PERFORMER OF 2013 IS DEFINITELY INARI. WITH MARKET TALK OF IMPENDING BONUS ISSUE AND THE APPROVAL OF THE TRANSFER TO MAIN BOARD...INARI SHOULF BE THE DARLING FOR NEXT WEEK
2014-04-04 01:35 | Report Abuse
INARI
YearToDate, Inari has appreciated about 65%, though it is still way behind the crazy Dsonic which has already gained 120% YTD.
The recent rally in Inari's share price might be due to its pending transfer to main board and bonus issue rumour.
Though there is still no update regarding the main board transfer which was expected in the first quarter, it does not worry me as it is just a matter of time.
Today, HLIB has come out with its analyst report giving Inari a target price of RM3.09. The report provides lots of good info regarding Inari's prospect.
As a layman I only know that smartphones and tablets will only become more and more popular. You can even see students, golden age folks and people in lower income groups playing with their smartphones now.
With growing popularity in social network stuff like facebook, twitter, whatsapp etc, smartphones & tablets seem to be a must-have for most people.
Soon those less developed countries might see a boom in smartphones sales.
Samsung has just launched Galaxy S5, and Apple is expected to launch its iPhone 6 in Sep/Oct this year. It is a new model every year.
Inari will certainly benefit from this trend with its link to Avago which is the global leader in wireless technology, a must have feature in smartphones & tablets.
2014-04-03 12:57 | Report Abuse
COLLECT ON WEAKNESS....MORE TO COME... REMEMBER MY WORD
2014-04-03 10:07 | Report Abuse
MAYBE I AM WRONG SAYING 3.00 BY TOMORROW. IT SEEMS TODAY CAN TOUCH 3.00. LETS PRAY FOR IT
2014-04-03 09:18 | Report Abuse
IF 2.87 BROKEN THEN SKY IS THE LIMIT. 2.87 IS THE MOST MAJOR RESISTANCE NOW
2014-04-03 09:05 | Report Abuse
WE SHOULD SEE INARI BREAKING 3.00 BY TOMORROW. NEXT WE LOOK AT 3050 BY MONTH END
2014-04-03 03:33 | Report Abuse
YOU CAN SEE RM 3.50 THIS MONTH (APRIL)...DONT MISS THIS ROUND AFTER THE MUCH AWAITED SHAKE OFF OF CONTRA PLAYERS COMPLETED YESTERDAY
2014-04-03 03:32 | Report Abuse
YOU CAN SEE RM 3.50 THIS MONTH (APRIL)...DONT MISS THIS ROUND AFTER THE MUCH AWAITED SHARE OFF COMPLETED YESTERDAY
2014-04-02 22:32 | Report Abuse
DIVIDEND N SPECIAL DIVIDEND WILL BE PAID ON 14 APR 2014
2014-03-27 15:44 | Report Abuse
GBGAQRS moving. Tp 1.50 next week
2014-03-27 13:26 | Report Abuse
GBGAQRS.....SHOULD CLOSED TODAY ON POSITIVE TERRITORY....UPTREND TO CONTINUE STRONGLY TOMORROW AND NEXT WEEK. EXPEXT TO TOUCH 1.50 NEXT WEEK
2014-03-27 13:22 | Report Abuse
SHAKEOFF OF CONTRA PLAYERS LOOKS IMMINENT. EXPECT PRICE RETRACEMENT TO 2.50 MAJOR SUPPORT BEFORE ANY MEANINGFUL REBOUND. THERE WILL BE FORCE SELLING EVERYDAY AFTER TODAYS RETRACEMENT. MORE DOWNWARD PRESSURE EXPECTED
2014-03-26 01:40 | Report Abuse
Normally after announcement price will correct by 10 to 20%. Our market was always buy on rumours n sell on news. Expect it to correct after today's announcement of the grant.
2014-03-24 09:40 | Report Abuse
LOOKS SET TO BREAK 4.00 THIS WEEK
2014-03-20 15:10 | Report Abuse
Becareful of the imminent shake out of the contra players. if the price close today above 2.48, the uptrend to continue. if not we should see retracement to 2.20 before any meaningful reversal pattern
2014-03-20 15:05 | Report Abuse
lets see its closing today...if close 0.135 or above, then uptrend to continue.
2014-03-19 18:43 | Report Abuse
Be careful of another shake off of contra players before moving to next level. I have cleared my position. Waiting for the shake off
2014-03-19 15:27 | Report Abuse
inari should take a breather before uptrend continue. you might consider taking some profit
2014-03-17 08:51 | Report Abuse
Slts is actually a staunch supporter of inari until now, i believe. his provoking remarks was just to see the reaction of the hard core followers. he was n still will be with inari for a longtime. i m very sure of that. he is actulaly a nice guy n strongly believe in inari. thks slts. i could see this traits in you much earlier
2014-03-14 12:41 | Report Abuse
Week after next 3.00. Let's see if I m right
2014-03-14 12:30 | Report Abuse
Next week 3.50. Market talk of impending 1:1 dividend to be announced soon
2014-03-13 20:34 | Report Abuse
Steelheart... my prediction is based on factual developments... end year TP 3.50
2014-03-13 18:35 | Report Abuse
Steelheart. ...like I say 2.20 by Friday. Now it seems achieved earlier. Next week we should see 2.50....just watch my words again
2014-03-11 22:34 | Report Abuse
yes, agree with alex...tomororrow 2.20
2014-03-10 22:12 | Report Abuse
CHANGLK03................NOTHING IS CERTAIN BUT I BELIVE VERY STRONGLY. WHEN I SAY LAST WEEK TP FOR THIS FRIDAY IS 2.20 ....A LOT OF UNBELIEVERS COMMENTED NEGATIVELY WHEN THE PRICE SHORT DOWN TO 1.79.
2014-03-10 18:38 | Report Abuse
My tp 2.20 seems to come earlier than this Friday. I now revise the tp to 2.30 by Friday n 2.60 by next Friday. Let's see whether I am correct.
2014-03-10 15:17 | Report Abuse
By the trading pattern today n last Friday, it looks like the awaited bonus announcement is forthcoming very very soon or the transfer to main board
2014-03-10 11:05 | Report Abuse
My tp of 2.20 should be realised earlier than Friday
2014-03-06 22:44 | Report Abuse
By the looks of it, I strongly believe inari will announce something very good like bonus or transfer to main board next week. The strength of trading today indicates something will be coming real soon. So my tp for next friday of 2.20 my be reached much sooner and might be higher. Lets pray. Collect slowly by averaging upwards to create a buffer or safety cushion. Happy trading guys
2014-03-06 18:24 | Report Abuse
Steelheart...my target of rm2.20 is getting nearer. ..what say you?
2014-03-05 21:59 | Report Abuse
I BELIEVE TOMORROW WILL CROSS 0.70...LETS PRAY
2014-03-05 21:56 | Report Abuse
STEELHEART LETS SEE IF 2.20 CAN BE REACH BY FRIDAY NEXT WEEK...IF IT DOES; WHAT SAY YOU.......
2014-03-05 18:44 | Report Abuse
Read my words carefully n see whether I am correct.
2014-03-05 18:42 | Report Abuse
Those who didn't collect now will regret. That's all I can say!!!!!!!!
2014-02-28 20:03 | Report Abuse
NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS): BONUS ISSUES DATASONIC GROUP BERHAD (“DATASONIC” OR “COMPANY”) PROPOSED BONUS ISSUE
DATASONIC GROUP BERHAD
Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
BONUS ISSUES
Description DATASONIC GROUP BERHAD (“DATASONIC” OR “COMPANY”)
PROPOSED BONUS ISSUE
On behalf of the Board of Directors of Datasonic, RHB Investment Bank Berhad wishes to announce that the Company proposes to undertake a bonus issue of 675,000,000 new ordinary shares of RM0.10 each in Datasonic (“Datasonic Shares”) (“Bonus Share(s)”) on the basis of one (1) Bonus Share for every one (1) existing Datasonic Share held at a date to be determined and announced later (“Proposed Bonus Issue”).
Further details of the Proposed Bonus Issue are set out in the attachment below.
This announcement is dated 28 February 2014.
2014-02-27 07:41 | Report Abuse
COLLECT SLOWLY AS IT MOVES UP
2014-02-27 05:49 | Report Abuse
Period 4Q13/FY13
Actual vs. Expectations Perdana Petroleum’s (PERDANA) reported 4Q13 net profit of RM21.3m brought FY13 net profit to RM61.1m. This is above both our (RM55.1m) and consensus (RM52.4m) full-year expectations at 110.9% and 117%, respectively.
Higher-than-expected margins on the back of cost savings from the divestment of its older vessels were the main factors for the variance to our forecast.
Dividends No dividends were declared as expected.
Key Results Highlights QoQ, net profit was up 37.4% mainly due to: (i) commencement of long-term contracts from Dayang Enterprise (DAYANG, OP; TP:RM3.10); and (ii) better PBT margins as a result of costs savings from the disposal of its older units.
YoY, PERDANA locked in significant improvements (+ 81.3%) in 4Q13 net profit, again mainly due to the factors mentioned above.
YTD, it is evident that PERDANA has now shed the troubles of the previous year. Utilisation had improved to 80% (from 77% in 2012).
Outlook Medium-to-long-term prospects are stable on the back of PERDANA’s long-term contracts (15 OSVs).
Currently, only three vessels (one accommodation barge and two 5k AHTSs) are on spot charters and PERDANA is confident of securing recurring contracts for such vessels given the OSV upcycle.
Longer-term prospects will hinge on PERDANA’s future fleet expansion which we believe management will broach after it mobilises all vessels needed for the DAYANG project by next year.
Changes To Forecasts We have fine-tuned our FY14 net profit by +9.5% largely to account for a reduction in our effective tax rate to 5% (from 10%) as we were previously too aggressive.
Given that investors are now looking forward to longerterm prospects for the oil and gas sector, we are introducing our FY15 net profit forecasts of RM115.9m which features an EPS growth of 15.9% on the back of:
(i) full-year contribution for two more work barges that will be received in 2014 and (ii) 90% utilisation for PERDANA’s spot charter vessels.
Rating Maintain OUTPERFORM
Valuation Our new target price of RM2.47 (from RM1.95) is based on an unchanged target PER of 15.5x (in line with PERDANA’s +1.5 historical standard deviation forward level seen on top of its average mean in 2006-2008) on CY15 EPS of 15.3 sen.
Risks to Our Call
(i) Lower-than-expected daily charter rates and utilisation rates and (ii) sudden downturn in crude oil prices that could adversely impact the offshore oil and gas services industry.
Source: Kenanga
2014-02-26 09:27 | Report Abuse
Major n healthy consolidation... can consider to collect again at 1.75 / 1.35 for wa level
2014-02-22 08:41 | Report Abuse
WE SHOULD SEE 1.20 / 0.80 PRICE LEVEL IN MARCH
2014-02-22 08:38 | Report Abuse
WHY WARRANT DROPPED MORE THAN MOTHER BECAUSE WARRANT HOLDERS WONT BENEFIT FROM THE DIVIDEND....THATS THE REASON WHY EMPLOYEES CONVERTING TO MOTHER. FURTHERMORE WITH THE RUMOURED BONUS ISSUE WILL BENEFIT THE MOTHER MOST. WE SHOULD SEE THE MOTHER TRENDING AT A GREATER MARGIN THAN THE WARRANT FROM NOW ON
2014-02-21 03:47 | Report Abuse
KUALA LUMPUR (Feb 20): Inari Amerton Bhd's pre-tax profit for the second quarter ended Dec 31, 2013, rose to RM26.56 million, from RM11.27 million in the same period of 2012.
Revenue increased to RM186.62 million, from RM62.06 million last year, it said in a filing to Bursa Malaysia today.
Inari said that the significant improvement in revenue, was attributed to the consolidation of Amertron Inc (Global) Ltd — the acquisition of which was sealed in June 2013, as well as higher trading volumes from the group’s existing business units.
"The revenue contribution from the Amertron was RM105.7 million, and the balance increase of RM18.9 million was from existing business units," it said.
Inari said that it remained optimistic in maintaining its profitable performance.
"We operate in market segments that continue to be high-growth in the near future, such as the continued end-user adoption of smart mobile devices globally," it said.
2014-02-19 16:10 | Report Abuse
If thheavy can close above rm1.00 today, the tomorrow it will fly further. Rm1.00 is the most major resistance. Can buy wa before close as a cheaper option. Buy wa just before close today if mother above rm1.00. Tomorrow should jump start
Stock: [INARI]: INARI AMERTRON BERHAD
2014-04-10 20:49 | Report Abuse
Tomorrow big jump up. Just watch if I m right