When you see him, you know it about the right time to accumulate. hahaha.

For middle term, I think AA still a good place to put your bet. Will buy more if it further drop.

Those reports from the research house "SEE SEE" can d, honestly not many of their recommendation are correct. Normally go Holland if buy and sell by following all those reports.

Plan to buy at around 1.85 or less.

I wonder why BullBear only float on top of water surface when AirAsia share drop? Please be fair and give comment during the bull or bear trend just like your name does.

0.38sen for warrant still too expensive to me. Around 13.4% Premium. I think it will slightly goes down a bit more. It seem like the someone purposely push the mother share down to get cheap warrant, but warrant seem very solid and stay firm at 0.38.

Anyway, for long term, This is still a good price. I just want to get something cheaper. Good luck guys.

I knew, normally Warrant will drop or gain more than Mother share. But for Inari, mother share fluctuate more than the warrant. Mother share drop 0.015, Warrant only dropped 0.01. That's not making sense.

Mother share drop margin is bigger than the warrant. HAHA, warrant so firm so expensive.. lol..

Is really up to you right? If you think it can go up further, then it still can buy. If you think it will drop, then don buy.

There must be someone willing to buying only someone able to sell the share. It depend on what's your TP.

The WA price damn scary r. Around 12% premium. So expensive to me.

That mean you subscribe 35000 lots or OR. Each OR come with 2 warrants. So today, you should see 35000 lots new share and 70000 lots warrants.

Anyway, you subscribe 35000 units or 35000 lots? 35000 lots around 2.4 millions, then you very rich now..hahaa

No. I didn't sell. I scare I catch no bus again like during the 0.3x.

Will hit 0.8, just matter of time. I think tomorrow will drop. Hopefully. So that I can get cheap warrant.

I think tomorrow will drop. Short term trader can sell today and grab back tomorrow or later.

Or maybe skyrocket tomorrow morning then catch no boat.

Erm. However the preference shares units very little only. Not sure can get it or not. So tempting with 3 warrants attached. hahahz

Inari propose to issue preference share.
Damn good, Start to drop. Drop to 0.65 will be great.

wau,, after the right dividend, now Preference Shares pula.. haha...

Don feel enough.. hahaha

If tomorrow the mother close at 0.70, then I predict the warrant price should trade at 0.35-0.40sen.

I want to buy more warrant as well, that's why I wish the mother share crash tomorrow. Haha.

Honestly, I want Inari to go down now... so that I can accumulate more.

lock at 0.73sen. Heading down now.

Yes. But you need to keep your share until day before the right issue ex date and pay the 0.36 before the last paydate (29.5.13).

The warrant is not free, the share price already adjusted on the ex date. But since inari share already goes up till 0.7 today. So you already gain. If inari share stay at 0.510sen, you make no capital gain.

Same here shark, I just hope the mother share Don go high now before the warrant lists. So that we can get cheap warrant. Lol. Dinner cross.

To me there is no point to calculate the average for the RO.

1xRO, you need to pay 0.36sen to get 1 unit or inari share + 2 unit of warrant

Yes. If you sell your OR, you won't get any warrant. Even if you did not sell your OR, you still need to pay 0.36sen per OR for you to get your OR. If you didn't pay anything. Sorry I afraid your right had been forfeited.

more than 10 years experience but still talk like child? Go penny counter, don buy Rm2+ counter for short term. FULL stop.

I think it will drop. People just too confident with this counter and they could push the mother share price down so that they can get a cheaper warrants.

I still wait for 2.60-2.70. ;)

I think they did. You can go.find out from previous announcement.

Thank Fat Cat, I nearly forget about that. My calculation actually very conservative already. That's why I still think Inari is a good place to invest in.

Any pros please correct me if anything wrong from my above calculation and estimation. Just my 2 cents.

Guys, let me know some of my own thought calculate here.

Inari last 4 quarter EPS were:

Q3 = 3.68
Q2 = 2.67
Q1 = 2.24
Q4 = 1.67

EPS for passed 4 quarters was = 8.18sen

Inari issue the new right for 1:4 + 2 warrants. If everyone convert their warrant directly, then there will be 75% dilution of Inari's EPS and NTA and Dividend. However, normally it will not happen, so I assume half of the warrant will be converted plus the right share. That mean it become 2:4 or 50% dilution on inari EPS, NTA and Dividend.

FQ4 = 4.048 x 50% = 2.024 (forecast 10% EPS growing)
Q3 = 3.68 x 50% = 1.84
Q2 = 2.67 x 50% = 1.335
Q1 = 2.24 x 50% = 1.12
Q4 = 1.67 x 50% = 0.835

EPS for 4 consecutive quarters is forecast as: 6.319sen.

Forecast PE=9.81 for Today price 0.62sen.

For Dividend, I just take 0.009x5=0.045 (4.5sen each year). After 50% dilution, we have 0.0225. Or

DY=3.63% according to today price 0.62sen.

So by looking at PE=9.81 and DY=3.63%, do you think Inari is good enough? Of course that's base on 50% dilution (which is very aggressive assumption). Also I only assume 10% EPS growth for Inari next quarter which they normally do a better job than 10%. Never forget Amerton, I assume NO PROFIT and NO LOSS on Amerton.

0.62sen a good price or Inari or not? your call.

I will wait for below 0.60 for my another batch. Just bought at 0.64 on friday. Do not want to top up yet at time price.

Today volume only 0.5 Millions. Even during the last heavy drop (early of May), the volume was just 7 Millions. Inari total share around 400+ millions units. So around 1.5% of share traded only on that day, obviously all the big share holders are not actively traded.

So today 0.5 millions is just 0.1% of share. Obviously just some investors who want to cash out and jump ship to other more active counter, as they see inari in the congestion phase now. Which is not a good trend for daily or short term investor.

Just bought another batch at 0.64. :)

0.65 coming soon. Great!!!

Alex King,Some correction on my previous post.

It should be:

0.16sen (0.06 Dividend + 0.10 Margin).

Margin = 3.20-3.10

If a company stock raise on Ex-date, meaning the public is confident with the respective company to perform better in the coming quarters or years.

The reason is simple, assume that you expect Airasia will perform in the near future and you want to invest on it. Will you buy before the Ex-date or After the Ex-date? Since on Ex-date, the share price will re-adjust accordingly to the dividend. For example Air Asia share closed at 3.16 yesterday and today the Ex-date for the dividend of 6 sen, so AirAsia started to trade at 3.10 at 9am today. In other word, you making no capital gain on whether buying before or after the Ex-date.

HOWEVER, if you buy it before Ex-date (meaning you entitle for the dividend), you need to wait around 20 to 30 days for you to get the payment (Paydate). If you buy it On or after the Ex-date, then you can assume that you already receive the Dividend "ON-THE-SPOT" once you purchase that share at 3.10 today. That's why normally for a good stock, the share price will keep increasing even after the Ex-date.

For an investor, we only look at Ex-date. So buying any units BEFORE the ex-date will let you entitle for the dividend/bonus. Forget about the Entitlement Date, that's none of your business.

No. I said "haven" receive the wake up call. I like a good fundamental stock that has not "popular" yet.

Just bought an air flight ticket from AA, just hope it shot to Rm3.50++ after the 6sen dividend for a free trip.

arv18, you can check the amount from previous year corresponded quarter. If the number is slightly higher than previous year, then to me that's a good sign. Share the information here after you dig out from the report. :).

Wong Chie Kiong, I heard that there is another round of fund raising for inari, about bond or something like that. Do you hear anything??

Congestion phase, isn't that a good chance for the long term investor to accumulate more share? As long as each quarter with good dividend and profit, congestion phase won't last long.

192 to 142 is not really improvement. Inventory means how much stock they have to sell. Low inventory means less goods to sell. If you expect this coming quarter business is good, then inventory need to be high so that more goods ready to be sell. If you expect this coming quarter business not that good, reducing inventory could be a good approach to reduce the "maintenance" cost.

Any pro, correct me if I'm wrong.

result out. Not a bad quarter.

Q1 results, better than last year Q1 but not good enough.

Inari already woke up and noticed. Any other penny stock like inari that haven receive the wake up call to recommend?

The price of wa depend on the mother share, so no one will know what the price for the wa yet until they announce on 12th. Or maybe the close price on 11th should able to estimate that.

If you want to get consistent dividend, go for mother share, if you think that inari share will go up to higher level in very short time of period, then go for warrant.

If you get warrant, you don get all the dividend declare by inari, but if the share price goes up in very short time of period, you making more significant gain from warrant compare to mother share. However if inari share stay at the same level for very long term 1 or 2 years, then maybe taking the mother share with all the dividend will make you better profit.

So I think no one in this forum can tell you which one is better since non of us can actually predict what will happen. HOwever if you believe in this counter, you should still gain from either the wa or mother share, just the matter of how much.

Please drop below Rm1 then I can collect more on this counter.

Is Inari warrant a good buy? To me definitely. That's why I subscribed the RO and still purchased them in the open market for the sake of the 2xfree warrant. Although they were not really free actually, at least I don need to pay for the warrant premium after 12th June.

This share, NO RM 1 I won't consider to sell.

quarter report coming soon, another round of dividend??

hi midastouch, TIME counter didn't show a good financial and growing evidence, we shouldn't just buy the counter just for a good dividend. Furthermore, TIME already been push to higher level since week ago, right time to buy? YES or NO, at your risk of course.

what news?? I just top up another batch at 0.68sen. :)