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To all Inari retailer shareholders, I understand the current drop is painful, plus there will be trolls around posting cynical comments. However, the company fundamentals are still intact, business are still ongoing and growing ( although slower than market anticipated).
Current drop is due to the war in Iran, and also short sellers are still suppressing the price.
So to all retail shareholders, if you're stuck and don't know what to do, and don't feel like selling. just remember that the company is still doing okay. Just ignore the trolls comment, can just block them if you feel their comments are not important.
If information accurate and well supported, I will start to accumulate as already very tempted at 1.35. Inari Management is good. However, it is not correct to say that people are posting cynical comments. Most are factual comments.
Inari Amertron may continue to face headwinds in its smartphone radio frequency segment, which accounts for 61% of revenue, due to a weaker U.S. dollar, rising memory and raw material costs that are squeezing margins, Public Investment Bank analyst Chong Hoe Leong says in a note. Revenue for 2H is expected to fall around 20% sequentially due to seasonality and forex headwinds, he says. To offset the weakness, management is shifting focus toward its datacom photonics and power management segments, where the company expects stronger demand in FY 2027-FY 2028, he adds. Public IB cuts Inari's target price to 1.48 ringgit from 1.68 ringgit, while maintaining a neutral rating on the stock. Shares are unchanged at 1.31 ringgit.