FW: Affin Hwang Capital Daily Insight (LV) - 23 August 2017 - INRI / TAH / UMWOG

 

Investment Research                   Affin Hwang Capital Daily Insight | Wednesday, 23 August 2017        KLCI Index (12-month)  Research Team     research@affinhwang.com    Chue Kwok Yan  Head of Research | RESEARCH     +603 2146 7618     kwokyan.chue@affinhwang.com    Alan Tan  Chief Economist | RESEARCH     +603 2146 7540     alan.tan@affinhwang.com Top Calls   Results Note � Inari Amertron (BUY, maintain) - Ending on a sweet note 4QFY17 results positively surprised and earnings ended at record levels once again. The 32% yoy growth in FY17 core earnings was driven both by revenue and margin expansion. The latter was also aided by maiden contribution from the new IRIS IR led product. Maintain BUY with a higher target price of RM3.   Other Calls   Results Note � Ta Ann (BUY, maintain) - Timber a drag on earnings Results Note � UMW-OG (HOLD, upgrade) - Spinning the wheel of fortune Morning News & Market Summary     The downloaded documents are in PDF format and are best viewed in Adobe Reader.