BIMB names Inari Amertron stock a top pick at MYR 2.90

Published on 10/20/2026 at 02:04 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

BIMB picked Inari at MYR 2.90 on October 19, 2026. Inari Amertron stock saw FY2026 profit fall 41.7 percent to MYR 127.5 million.

Earnings and ownership context

BIMB Securities named Inari a top pick at MYR 2.90 on October 19, 2026.
FY2026 net income fell 41.7 percent to MYR 127.5 million from MYR 218.75 million.
Inari Amertron stock last stood at MYR 2.59 on October 19, 2026, at a MYR 10.0 billion market capitalization.

Inari, MYQ0166OO007, Illustration mit AI erstellt.

Inari Amertron (MYQ0166OO007) was named a top pick by BIMB Securities with a MYR 2.90 target on October 19, 2026, according to The Edge Malaysia. The call puts the Malaysian outsourced semiconductor assembly and test provider against a weaker FY2026 earnings base, when net income fell 41.7 percent to MYR 127.5 million from MYR 218.75 million, as reported by The Edge Malaysia.

Target rests on a recovery case

BIMB listed Inari among its top picks alongside SkyeChip and assigned Inari a MYR 2.90 target. The note linked the view to structural growth in advanced packaging, while the company continues to serve electronics manufacturing and OSAT customers across Malaysia, the Philippines and China. The target is 11.97 percent above the MYR 2.59 Bursa Malaysia price on October 19, 2026, using the same currency and date.

Three dated signals for investors

On October 19, 2026, BIMB Securities set the MYR 2.90 target and named Inari a top pick, according to The Edge Malaysia. On September 26, 2026, Insas said it planned to sell its remaining 5.65 percent Inari stake, comprising 218.05 million shares, according to The Edge Malaysia. On August 27, 2026, Inari published its fourth quarterly report for FY2026 and its fourth interim dividend on its Inari Amertron investor-relations page.

What does MYR 2.90 imply?

The target implies a 11.97 percent premium to the October 19 price, but the earnings record remains the key counterweight. Revenue for FY2026 was MYR 1.19 billion, down from MYR 1.35 billion in FY2025, while Reuters reported FY2026 gross profit of MYR 228.60 million and operating cash flow of MYR 320.63 million in its company profile.

Stock price and valuation context

Inari Amertron stock last stood at MYR 2.59 on Bursa Malaysia on October 19, 2026 at 4:59 p.m. MYT. The price was inside the MYR 1.21 to MYR 2.88 52-week range, while the company had a market capitalization of MYR 10.0 billion. For investors, the central tension is clear: BIMB is valuing a potential semiconductor recovery against a 41.7 percent annual profit decline.