Inari announcement today: 1. Proposed Renewal of Shareholders' Mandate for Existing Recurrent Related Party Transactions of a Revenue or Trading Nature; and 2. Proposed Shareholders' Mandate for New Recurrent Related Party Transactions of a Revenue or Trading Nature. What is the effect?
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 ?
Inari still a small player with small reach of its industry. Nothing unique in term of the products - mostly OEM. Semi-Conductor business is best left to experts. Taking all that into sense, I have no idea why punters/investors/traders are chasing it. Self explanatory in the IPO http://www.inari-tech.com/pdf/InariBerhadIPOProspectus.pdf
hair:if cant move to main board mean the price will be drop.so is linking.if sure it cant move to main board,i wont buy this counter anymore.so i need to confirm on the news.hehe
Please take a look at XDL (5156) it has good fundamentals and at a uptrend, company doesnt have any debts, but the downside is that it is a china company, is this worth to buy ?
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this few day in island hospital.