First kick from Indonesia after Brick meeting..for banning IPhone China has yet to implement, I guess because Huawei has not ready but with the launching of harmony operating system... Soon will ban iphone
The Group recorded profit after tax of RM22.0 million for the current quarter, a decrease of 59.4% from RM54.3 million recorded in the immediate preceding quarter. The decrease was mainly due to unfavorable movement in foreign exchange rates in the current quarter. The significant depreciation of the USD against the RM has resulted in an unfavorable foreign exchange loss of RM53.3 million. Of this loss, RM47.2 million is unrealised, representing accounting adjustments rather than actual cash losses, as the related transactions remain unsettled.
Broadcom Stock Soars On Massive AI Chip Opportunity, 14Dec24. CEO Hock Tan is the enduring old partner of Inari. How much can Inari benefit from the flow over from Broadcom?
SBL gave thousands in a year. This is for a small lender only, how about those very big lenders ? It is costly yet the borrowers are still willingly bearing this cost. So, what is happening behind ? You guess.
Biden semiconductors curb laws from USA, other countries chips exporter must obey supreme emperor of USA, only the relatives white nations are allowed freely exports. Only the fews Asians countries which is our pets are allowed to freely export chips. Don't obey will be sanctioned to bankrupt.
INARI has decisively broken the important 2.80 line. Any rebound to 2.80 is an opportunity to run, if the mkt players allow you to. The next support level is 2.15 . Trump says he got more bullets if Canada-Mexico-CHINA wants to fight.
Inari price structure has HEAD and SHOULDER formation . This is very bearish. Using 2.80 as the neckline, the price structure can go down to 1,60 , theorectically. Again , newbies are at the mercy of mkt players.
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
James_Bond
3,584 posts
Posted by James_Bond > 2024-10-01 15:45 | Report Abuse
Be informed that I closed my short on inari. Thanks for the profits!