Inari should take some rest now. Rushing too much for the pass months. Is time to settle down before another burst. Hope it go back to 0.5X, then I can shift most of my bullets into this account.

Drop. Great, just wait for the report and see what happen. Could be sell before report or buy before report.

I wait for next quarter report first only making decision to IN or not. Next coming quarter report should be slightly under perform according to the company history. Maybe will get the price re-adjust and get something cheaper.

Everything look good to me on this counter, but not the ROE=8%. A bit too low perhaps?

and most of the director didn't hold their share directly, but indirect/deemed using all the Sdn. Bhd. May I ask what's the benefit of doing that? As i know, if anything happen, is the Snd. Bhd. that suffer or declare bankruptcy but not the individual. Anyone can confirm that?

hi tralala, just sell your stock on this counter then you won't be pissed off on what the BoD is doing right? Why keep complaining and still want to keep it? First of all the BoD did not holding a gun and pointing to you to buy their share, you decide where you want to put your own money. Do not act like ppl losing their mind here.

The forum suppose to let others to share information and statistic so that everyone can gain and learn from here. Not for the blaming and complaining.

Anyone comment on this?

Anyone has a comment on this stock?

This Q1 report although net profit is lower, but most of the business in Indo, Thailand, Philliphine, and japan are improved. Good sign.

So many HIT and RUN players here. Please be patient on investment. If you want something quick, go Genting bet for BIG or SMALL. You know your result within few seconds.

Or go for "goreng" counters, SCOMI, CSL bla bla bla,, everyday volume few millions, if you good at HIT and RUN go for those counter.

so dramatic today.. :)

Hi littleshark, mind to share what other counter you currently looking at in your portfolio?

If the share didn't go down today mean we can get the popcorn ready and watch the show.

Yes, I saw it. I still haven figure up what it goes up so high from only 3 days. Too late I look at this share perhaps? :(

Hi unice, thank.

it seem like it just hit the fair value but the DY not that attractive anymore if enter this counter now.

looking at the previous EPS, it was not that stable wasn't it?

The quarter report should be announced anytime soon. I expect something positive.

Hi unice, I just started to look at this counter less than a week and not even started to invest in this one yet.

may I ask what make you think that this counter is good for long term investment? What make you think that this company business will grow steadily? any news or research data you got with you and you don mind to share? Many thank.

Hi Fat Cat, I did the same mistakes as well, sell buy sell buy around 0.3x and 0.4x. End up I did make profit but not as good as if I hold it until now. Same for many of my other counters.

Therefore, I change my strategy to go for long term, which make me less stressful looking at the share price everyday.

I bought MBL at 0.91, and sold it at 0.965, now it hit 1.2x.
Bought Pwroot at 0.97, and sold at 1.03. now it hit 2.00.
Bought TDM at 3.4x, sold at 3.7x. Now it hit 5.00.

I can not imagine how much I gain if I can stand with those short term gain and keep all my share until now.

Short term trading? unless you really good at all the technique analysis, or else, avoid it and back to fundamental.

Just my humble opinion.

Got mine at 1.01 today. :)

Alright thank Chengyee. I just started to look at gmutual less than one week ago. Seem an interesting counter to me. However it just shot to the moon before I finish my study and I think now the price is not a fair value to me. Unless it drop back to 0.43.

Anyone here know what's the particular reason this stock suddenly shot to the north? any news? The dividend only roughly 1%. Not very attractive.

stuck at 3.30, can't fly higher.

Anyone looking at GMUTUAL counter (9962)? why is this counter goes up so dramatically without any announcement?

I expect it to step back a bit later on. Buy at that point before another sky rocket. This counter is mean to play at the first league. ACE market just can not fulfill it appetite.

I don think they will push the share price to higher level so quick. Before 29th the pay date for the OR, the price could sky rocket, but before the 29th, or just after 29th, I think the share price should step back a bit for quite some time before another push to the higher.

The reason why I'm saying that is the directors may want to push the price to higher level so that they can sell their ordinary share at better price and pay for the OR. Then after that, they could push the price back at lower level so that they can further accumulate for another push. So they do not want the warrant price goes up so fast.

That's my view and opinion. Could be wrong.

I 6th sense tell me that Mudajaya break the 2.82 resistance this round.

Hi Wong Chie Kiong, I thought today is the last day to trade the OR?

Hi Faizalasrul,

As you may noticed from my previous post, I do not plan to go for daily for short term trading on Inari counter. Therefore, I do not really look at all the technical data or any MACD.

I only look at the fundamental of this company. DY, PE, EPS and ROE. In the latest announcement, Inari EPS=3.68 (+38% from previous quarter). After the right issue, the EPS should dilute roughly 17% (Warrant not taken into account yet). Assume that Inari maintain the growth, by next quarter, Inari should be able to cover the dilution and EPS should should hit 4sen. Take 4 quarters EPS gave roughly 12sen for the EPS. PE for today share price 0.65sen=5.5.

On the dividend side, assume Inari gave 0.9sen per quarter plus one special dividend every year, yield 4.5sen per annual or roughly 6.5% according to today price 0.65sen.

Assume the mother share stay at 0.65sen, then I predict the warrant price should be around 0.30 to 0.40 (Just my prediction, i do not have any calculation yet on this since warrant price is very hard to determine and it vary according to the mother share price and the time price)

For a counter with following fundamental:

PE= 5.5
ROE=20%+
DY=6.5%

If we look at counter GTRONIC(7022), their current PE=13. So if I assume the industry PE is roughly PE=10, then my target price for Inari mother should should be Rm1.20. I still wonder why people still selling their stock now since Inari still has so big potential to grow.

What I'm saying is from a long term investor perspective, for daily so short term trading, that's another story. My principle is why do we want to sell a chicken that will lay a gold eggs at such a low price? Of course if Amertron is losing money, then that's another different story. However from my previous post, I already stated that as long as Amertron business break-even (NO Profit or NO loss), with Inari growth with 20%+ each year already good enough to cover all the dilution of the right. It will be even better if Amerton can further contribute which I strongly believe it will.

Lastly, if we look at Inari current Capital=270Million, after the right, it should should hit roughly 350Million or 470Million if all warrants converted. This counter is like Everton FC playing at the championship league, it soon will be promoted to the top league.

Just my humble opinion.

Hi hasnurhashim, you need to hold the share until 5pm 29th of May. Then you are entitle for this round of dividend.

If you can sell it at or after 9am 30th of May (Ex-date). You still entitle for the dividend.

Inari just announce the special dividend + interim dividend. Total 1.8sen. Or equivalent to 3% at closing price today 0.595.

Something definitely happen in the near future. So high the volumne this two days.

I expect this counter will be requested to play in the "first league" soon. So if you think that this is a good counter, keep and exercise your OR. If you are daily trader, then another story.

Just bought the open market right at 0.64.

plus top up at 0.59x average on the mother share.

Hi littleshark, mind to share what is stand for SP??

Yes 1901, I think I will only buy <0.55.

Inari mother share closed at 0.615 day before Ex-date. So the Ex-date price started at 0.510. Yesterday Inari share closed at 0.595 (day before the OR start to trade).

So:

0.595-0.510=0.085
0.51-0.36=0.15
0.51-0.38=0.13

RO price = 0.13x2+0.15+0.085x3=0.665

To me, only buy the RO if you think this share will go up in the future, and you get better profit margin with the warrant. However, if the share price stay stationary for a long time, just buy the mother share so that you can entitle for all the dividend.

Sell at 3.42, so bad after sell keep heading to the north.

Test the 2.82 a few times for the pass 8 months, I think this time will surpass this resistance. No more GE13 syndrome.

Why keeping this stock until warrant is out? Those who keep the stock before Ex-date already guarantee that they can get the right offer plus warrant even they sell it on Friday or Monday.

I use maybank nominee account. 0.1% broker + 0.03% clearance. Minimum Rm 8.

0.42% is very expensive for us lo. Mine 0.1% I also feel expensive already some time for low volume trading.

I heard that internal ppl trying to support at around 0.58sen. Don know how true it is.

Seriously, I do not see what the reason ppl keep junking this share. At the current price 0.60sen, Inari still stand around PE=7.7 and DY=6% (assume 0.009sen dividend per quater).

To me, I won't compare the previous Inari share price because this share was started to sky rocket at deeply undervalue line.

A company with 20% growth each year selling at PE=7.7 and DY6%, why people still worry?

Just my humble opinion.

I more greedy, I wish to get at 0.935. :)

I felt so lucky to had all mine sold at 0.8 (bought at 0.755). Sorry to those who still trap in this rat race.

I think CSL is a very high risk high return counter. You could gain a lot after it rebound, or you will lose heavily. This counter is out of my risk factor now.

My average not as high as you I guess. :). I plan to invest this company for long term, and I'm not planning the take the profit so soon.

cocolee, why you so worry? are you playing contra?

cocolee, sorry for late reply. I still collecting today.

masline, thank for your advise.

Those who want to sell this share. Please do it fast so that I can collect more at lower price before lunch time today.

From my humble opinion, the next report will show a great improvement, which I believe will be announced some where around 15th to 30th May.

Just 1 or 2 weeks plus after the RO Ex-date and Right Ex-date. Therefore, after the share price re-adjusted due to the right issue, the good report will consequently boost the share price up again. That's the trick been using by Inari so far.

Alex Chan, I fully agree with you. Technology will change. However, do not use Apple as an example. Apple is an imaging company. They did not own the technology ownership of most of the parts in their iphone. That's the main reason why Apple coming down slowly now as compare to Samsung.

Add to the above, the reason why Inari buy Amerton is to diversity their business core. In short, to reduce the impact to the company when there is any technology change. Especially RF/mobile field that Inari depended so much.

chong5126, please stop asking when the stock can hit Rm2 or at what price this stock could hit. I can bet all I have right now to say that NO ONE in this forum can predict what will happen to the share market. NO ONE know what price a share could hit and when. If he/she can do that, he/she will not be here anymore to leave you a small comments.