it will start moving soon

http://klse.i3investor.com/blogs/rhb/46513.jsp

Hitting 1.10 today ?

Once 1.25 is broken, it will zoom up.

it has attempted to break 0.93 many times this mth. It should break 0.93 today and move upwards. People has associated Quek in Scomies, but Quek has already got stakes in Thheavy. So Thheavy will follow Scomies upward trend

Based on OTB's Analysis, Hevea FY13 EPS is 0.23 cent http://klse.i3investor.com/blogs/stock_pick_2014_otb/42872.jsp.
This means at 1.21, its PE is only 5. So with the weaker ringgit, its FY13 EPS should be greater than 0.23 cent. So one should start collection more now with is potential great earning and super cheap PE. If it stays and breaks 1.20 today, it next target will be 1.40 http://klse.i3investor.com/blogs/rhb/43920.jsp. So I agree with lloydlim on 1.55

pls read the Edge weekly on Sunday Jan 19. It is one of the top picks for 2014. Its forecasted net earnings for FY14 and FY15 are 106 million and 146 milion respectively. It seems people are running down the stock to pick up cheaper shares here.

PJDEV-WC looks very attractive now. lets see if it can hit 0.60 today ?

Don't forget the biggest winner is Digista too after puncak semangat's win of the DTTB job http://www.theedgemalaysia.com/business-news/270614-highlight-puncak-wins-lucrative-dttb-job.html

Time to collect more Inari. http://www.theedgemalaysia.com/business-news/269986-semiconductor-globetronic-top-pick-due-to-the-tablet-a-smartphone-market-exposure-.html

JapaneseBeancurd is right because Insas' MACD is on the down trend.

This is another reason why in longer term Inari will do well.
Apple's smartphone market share quadruples in China
http://www.cnbc.com/id/101266797

3 factors to propel Inari up further tmw, Dividend and special devidend go ex on Dec 16, so as the AGM on Dec 16. The most important is the MACD is positive and on uptrend.

For longer term, this would take Inari's earning to the next level too.
Apple Finally Takes Step That Will Bring the Company to the Next Level
http://smallbusiness.yahoo.com/advisor/apple-finally-takes-step-bring-company-next-level-155042381.html

Inari holds above 1.55 today, it should move to 1.65 then 1.80 soon. Lets see if it move towards 1.65 tmw.

As people tried to push it down to 1.55 but it rebounded, so if it stays above 1.55 and crosses 1.60 today, it has very high chance to go towards 1.80 soon as its MACD is still very much in uptrend.

Accumulating on any price weakness

Its FY15Q1 starts in June next year right ? so looking 6 month ahead, its FY15 EPS is about 24 cents (based on Affin report https://www.affintrade.com/gcAF/download/Inari%2020131104%20CU%20Affin.pdf ). So based on PE of 15, its TP is RM3.60. Meaning over 100 % retun on the mother and 170 % return on the warrant. Very good for people with long term view. So start accumulating more.

As Insas owns about 36 % of Inari, it will be the biggest beneficiary with the Interim and special devidends from Inari. So we should expect some upside bias for Insas.

Inari Interim dividend
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1473661

Inari special dividend
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1473653

Today the focus was on the Budget GST related payment counters. Tomorrow the focus will probably be on the Telco tower builder counters like instaco, OCK and RA.

On the way to 0.85 and beyond

Any one has the calculated fair value for MGO ? 1.20 ?

TA hits 0.85 today if it breaks 0.80 ?

Inari and Inari WA will follow soon

if it breaks 0.32 then next is 0.34/0.35 right ?

OCK is moving. Instaco (the laggard) will follow soon.

Instaco's competitor OCK has appreciated over 27% in the last few weeks.
Since Instaco has a better value compare to OCK. It should follow suit to have appreciated by at least 27 % too. So Instaco should be at least at the price of 0.37 by now. Pls read this interesting comparison between Instaco and OCK and why picking Instaco would be a wiser option. http://bursadummy.blogspot.com/2013/09/instacom-vs-ock-vs-ra.html

Instaco competitor OCK has appreciated over 27% in the last few weeks.
Since Instaco has a better value compare to OCK. It should follow suit to have appreciated by at least 27 % too. So Instaco should be at least at the price of 0.37 by now. Pls ready this interesting comparisaon between Instaco and OCK and why picking Instaco would be a wiser option. http://bursadummy.blogspot.com/2013/09/instacom-vs-ock-vs-ra.html

http://www.mysinchew.com/node/93119
1,000 telecommunication transmission towers to be built over the next 3 years with RM1.5 billion investment to increase Internet coveage in rural areas.
This is very good for Instaco as they are the experts in Telco towers in Sabah and Sarawak. Expecting rerating for it soon. TP should be over 0.51. Another Great stock with potential return of over 70% in longer term.

I am collecting more Inari WA (warrant) as it has more than 90 % upside when we apply its 10 % premium over its mother share. This means the TP for Inari WA should be at least RM 1.72 in longer term.
Hong Leong Investment Bank Research notes :
http://klse.i3investor.com/servlets/staticfile/228068.jsp
The mother share's PE of 13 is cheap compare to its peers in the region. Some of these peers have the PE of 20 or even 22.
The global LTE adoption and bullish phone shipments should augur very well for Inari's subsidiary (Amertron)which produces optoelectronics components. Look at Gtronics which also focuses on the optoelectronics component production, its share price has already over RM 3.00 with PE of over 18.

New TP is now 1.57 http://klse.i3investor.com/blogs/rhb/39142.jsp

people are accumulating on dip so I am not suprise if it closes green today.

I think the Pantech Q3 result to be announced soon should be very good that is why people are buying.

Hi Citytrader, NP = No Problem.

NP CityTrader and Akito :-)

As the Hovid mother share has a target of 0.43 which still considered as conservative. http://www.theedgemalaysia.com/business-news/259212-hovid-well-positioned-to-tap-growing-healthcare-spending-says-cimb-research-.html
Thus people should start collecting Hovid WB as it is very attractive now. The WB warrant has more then 65 % of return based on the current price of 0.17

6 mths to 1 year from now. Why not ? The FY14 EPS has a potential of over 20 cents with the Revenue contribution from Amertron.

PE of 16 is used for Globetronics http://klse.i3investor.com/blogs/kenangaresearch/38632.jsp
Using PE of 16 for Inari's FY13 ESP of 15 cents, its TP should be 16 X 15 = RM2.40. If using its FY14 EPS of 20 cents (very conservative), its TP should be 16 X 20 = RM3.20. This TP for Inari sounds reasonable right ? Comments ?

This is a stock with good fundamental. So if you have a longer term view, it is still a very good buy. Since it has broken 0.73 (all time high), it should move higher.

thanks lloydlim

Since the inari warrant's conversion date is only expired in 2018 the WA should command at least a 10~15 % premium which means it should have at the 0.92 cent. So the WA itself is more attractive. comments

I agree with slts. I think Inari's price up is due to its cheap PE, its pending transfer to the main board at year end and the significant profit contribution from the acquired Armertron in the coming Q3 n Q4.
It's projected EPS is about 4 X 3.68 = 14.7 cent [excluding the EPS contribution from Amertron - Inari's successful acquisition of Amertron will add USD100m (RM321m) to its FY14 earnings. http://klse.i3investor.com/blogs/PublicInvest/32798.jsp]
. EPS projection used above is based on the Q1 and Q2 EPS from this blog (http://klse.i3investor.com/blogs/nexttrade/38038.jsp). So it means Inari's FY13 EPS should be > 15 cent. (Could it > 20/25 cents when Amertron's EPS is added ?) Its business is quite similar to Globtronics. If Globtronics can be at~ 2.90 (PE 19), Inari can be worth > 2.90 too (if PE 19 is used). So if its price drops on Monday, I will collect more for longer term investment.

Thanks a lot OTB.

Hi OBT, I remember you have said that you have interested in WA which has more than 50 % return. I notice that Inari warrant has the great potential. Reasons are :-
- The mother share has the potential to be another Globtronic as it is in the business (produce parts to Handphone) quite similar to Globtronic
- PE of only 7 (excluding the revenue contribution from the Amertron)
- has a yield of 5 %
-going to be transfered to main board some time in Nov
Assuming we assign PE of 15 to the mother share so its TP is about RM1.80. This means the inari-WA has a potential of 200% return.
I am collecting the WA now since the Mother share is on the uptrend (positive MACD sign). Can you pls comment ?

As the MACD is positive and on uptrend, it should close above 0.675.

Since its MACD is on up trend, and after the profit taking, I think the langgat 2 water play and its teaming up with Eco Word will eventually push its price up further. Buy on weakness.

Salcon looks like more interesting now http://www.theedgemalaysia.com/business-news/254539-hot-stock-salcon-active-after-china-asset-disposal-and-eco-world-pact.html

so if salcon is in the team up with MMC, AZRB for Langgat 2 (can anyone confirm this ?), then it should catch up in the selangor water play like puncak and kps

Thanks Tedbeh.

Today's Star news paper has a big article about Eco World Development. Salcon has teamed up with the Eco World, anyone knows if some other excitements are brewing in Salcon ?