1.14 tp

on the recovery road....right time to ride this boat

not game over
just a correction
b4 going to wave 5 target 1.70 - 1.80

wave 3 completed 1.40
wave 4 coming 1.14 or 0.98

very very over bought stock
expect at sharp fall this few days like Inari
sharks pump & dump while spreading rumors of corporate actions
and under value play
suckers will end up as long term shareholders

warrant undervalue by 2.5 sen
1.35 - 0.38 = 0.97 - 0.945 = 0.025
buy

30m profit drop to 8m than to 7m losses
i will be concern on next qtr result..maybe even bigger
losses

last qtr loss 7m
where got undervalue
more like overvalue
the music can stop anytime

game over...weak closing
need plenty of rest 1st
moving to inari next

heavy buy Q...something is going to happen soon

dont play with hope!!! its
a huge mistake to play mkt with hope

1.40 bye bye today

now small fishes here claimed
got insiders news.....
we need more rumours otherwise
cannot break 1.40

sense maker,
PNB & Khazanah spun off TNB, Maybank, CIMB etc by listing them
if so good why they spun them off.
sense maker, u make no sense!!

today 2m shares done off market
goreng coming

billlonhair
can see it in your trading platform

another 5m shares done off market

who put brick wall at 1.40?
lets breakdown this afternoon

muhibah

HLBank Research Highlights
Author: kltrader | Latest post: Fri, 25 Oct 10:26

This blog publishes research reports from Hong Leong Investment Bank

Blog Headlines (by Date) Blog Index
Inari Amertron Bhd - Validating Moore’s Law
Author: kltrader | Publish date: Fri, 25 Oct 10:24

Highlights
Although Inari’s share price has quadrupled astonishingly YTD, we believe that it is still undervalued as the market has yet to price in its forthcoming catalysts.

The Avago factor. Avago is a leading designer, developer and global supplier of broad range of analog, mixed signal and optoelectronics components and subsystems serving three primary markets, including wireless communications, wired infrastructure and industrial. Avago, who also owns 8.9% equity interest in Inari, outsources radio frequency (RF) IC wafer assembly and processing to Inari. This business contributed ~95% of Inari’s FY13 revenue and is poised to grow vigorously on the back of global LTE adoption and bullish phone shipment (see Figure #1 and #2).

Diversification into optoelectronics industry. The newly acquired Amertron will be fully consolidated in FY14 and is expected to be earnings accretive. Amertron produces optical transceiver modules, optical sensors and switches, LED displays and IC with Osram and Avago as main customers. According to OIDA (Optoelectronics Industry Development Association), the size of this sector is expected to soar reaching USD1.2tr in 2017 (see Figure #3) as its energy efficiency endorse wide applications such as smart devices, TV, image sensors, vision systems as well as its function as photovoltaic (solar) cells, a viable solution for renewable energy (environmental-friendly).

Synergistic partnership with Agilent. Inari’s 51%-owned Ceedtec is an original design manufacturer (ODM) and R&D house in the electronics industry with niches in design and manufacture of power supply and testing equipment. Notably, Ceedtec is a key eco-system partner for Agilent. By leveraging on Agilent well-established test and measurement (T&M) market and its role as electronics and electrical industry lead partner for ETP, Ceedtec is expected to grow rapidly with exposure to international markets.

Fibre optics as new venture. Started in Jul 2013, this would allow Inari to penetrate into Avago’s wired communication business segment focusing in product development such as transistors and connectors. The exponential growth of data traffic (see Figure #4) has sparked the migration from copper to fibre optics (see Figure #5) creating instantaneous overwhelmed demand.

Catalysts
Wireless communications / mobility / IoT (M2M) / LTE, business diversifications into optoelectronics and T&M, favorable FOREX, continuous effective operational strategy.

Risks
Single major client risk (Avago) / high dependency, FOREX risks, patent disputes, resources / labour.

Forecasts
Expecting existing business to grow circa 20% pa., while consolidating Amerton will add US$100m (RM300m) sales. At PAT margin of 11%, FY14 EPS would yield 14.2 sen.

Rating
NOT RATED, TP: RM1.90

Positives - Synergy from acquisition, 40% dividend payout at reasonable yield, listing transfer to Bursa Main Board.

Negatives – innovation stalemate in telecommunication.

Valuation
We value the stock with a fair value of RM1.90 based on 13.4x FY14 P/E multiple, average P/E multiple of its USbased peers (see Figure #6).

Source: Hong Leong Investment Bank Research - 25 Oct 2013

the rumors is khazana buying..lol

nasdaq closed record high...tech stocks on the move
soon this theme play will spread to bursa like fire
stay invested

the warrant should at least trade 10 - 15% premium
to the mother share

monday new high loh

funds bought yesterday,
5.2m shares done off mkt

weather or not khazanah taking a 20% stake in inari
it doesn't matter.
it's projected eps is 15 sen based on Affin report...at PE15x the FV should be 2.25
high growth + cheap valuation = buy & keep

they always denial until the deal is concluded...."standard comments"
i think inari run up is due to it's cheap valuation not on rumors of
khazanah taking a 20% stake.
u see today movement the mother share didn't shoot up based on uob
report
PE at 7x.....net cash position...earning in USD + weakening of RM
just buy & keep

sona abandoned by sharks
don't waste ur $$$ holding it
buy only when they acquire oil assets
go invest in some other stocks where u make
some $$$

just goreng....
oil will flow earliest end 2014

steve...buy mon sell by wed

better take profit......
next week or in the afternoon session
u want to run also cannot

steve, i trade other stocks but not pantech...too slow
my long term is T2...I run
I will only buy below 0.90
Pantech need a very strong mkt momentum to move
not likely it will happen in sep - oct
the index is very overbought, so better do hit & run
dont buy & keep

vol explode better run
buy back T4

stonenut, u have to wait a long long time
it's tin kosong now...

it's australian JV fields confirmed strike oil
now pending govt approval of it's field development plan
expect producing by end 2014

rchi, short term trade only if fingers itchy

steve, just dead cat bounce

next week will see heavy selling
another leg down

so bearish....M&Asecurities
http://www.theedgemalaysia.com/business-news/253522-market-watch-maa-cuts-klci-year-end-target-to-1600.html

steve
not buying any
waiting for US to strike Syria & fed tapering
than go shopping....

see 0.80 by oct....

rchi, not yet...waiting for klci to fill
the gap 1742

steve
storm is far from over
if u fill itchy, want to buy
go short sep FKLI

maybe no rebound tmr
another slaughter day
dow euro red red lol

short sep
cover b4 FOMC

rchi,
wait for tech rebound
than we hantam sep
i dont like sep
seasonally the worst month of the year

log time in the mkt
go through many bears
sang jero, keep ur cash
dont be so hurry to buy
klci may drop to 1620

rchi,
next few days a bit risky to shorts
month end alot of short covering, can
easily get caught
also klci very close to 200 days ma , strong support
may rebound
wat u think??

rchi,
yes this morning shorts closed, gain $1550
now i only look for $$ playing futures

today 0.90
next week maybe 0.80