Wednesday, July 24, 2013

Buying Inari@0.9

Recently I have purchased some Inari shares. From the investor's point of view, it's a good fundamental stock and worth to keep. The share price is uptrending and foresee it will sustain the trend if it sustain its business growth. Looks into its business nature, I know that the Inari is an EMS company which is located in Bayan Lepas industrial area. Their main customer is AlteraAvago(US-based company) which is also located in the same area. In the past, they have acquired some few company likes Inari Technology Sdn. Bhd and Simfoni Bestari Sdn Bhd. From the the acquisition that had done in the past, I could see how aggresive the mangement keen to expand its company size and exploring to advance level.

According to past few months news, Inari management try hard to make it listing in main board. Inari is eligible for listing in the main board as they have fulfilled the BURSA requirement to listing in main board. Recently, they completed acquisition of Amertron Inc (Global) Ltd and now they are in progress to integrate Amertron and Inari groups.

Looks into Inari finance statistic. EPS up to 3rd quarters this year, it earns around 0.0859 and yet to include 4th quarter earning. About the dividend distributed, it had distributed around 0.035 so far. ROE last year for this company is around 36%. The company also have low debt against cash flow.

Based on the statistic, it has good fundamental and worth to invest. The company ROE shows that the company management is doing a good job in recent year. So think? How's the company will be if it listed in main board. With those statistic, i foresee might attact more investors to buy in the shares. So, why not we buying now when it yet to get attraction from investors?

So buy it silently... Happy investing!!!