FORMOSA PROSONIC INDUSTRIES

KLSE (MYR): FPI (9172)

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Last Price

3.02

Today's Change

-0.01 (0.33%)

Day's Change

3.00 - 3.03

Trading Volume

312,700

Changes
Date Type Old New View
Discussions
8 people like this. Showing 50 of 3,098 comments

jeffrey1166

ya undervalue

2 months ago

Dakewlest

Just wondering whether fpi can keep paying 23 sen (or more) for next fy.

2 months ago

jeffrey1166

surely can bext will be 25 cents

2 months ago

jeffrey1166

coming can fly

2 months ago

jeffrey1166

correction normally

2 months ago

WellnessAntiCancer


FPI now guarantees (word I seldom use) a 7.2% div yield if you invest BEFORE 8 Apr. 2024.

Told my nephew last weekend. the price merely inched up 3 sen to 3.14

Anyway, this post belong to FPI chat room.

There are other attractive Dividends if you want them.

Disclosure: Owns BOTH INsas and INsas WC, FPI amongst others.

Caveat Emptor

2 months ago

WellnessAntiCancer

FPI with war cash reserves RM450million can declare dividends or better shares buy backs.

This year, FPI has extraordinaries gains.

Cap it at RM50million a year, it is sustainable foreseeable future

2 months ago

Simple Man

assume maintain EPS 40-41, at PE10, target price Rm4.0-Rm4.1.
More room to go.

2 months ago

jeffrey1166

ya can hit 4.4 i presume as fa formula coming qr have increase many

2 months ago

DividendGuy67

Post removed.Why?

2 months ago

jeffrey1166

coming can fly

2 months ago

Edwardong53

FPI never reward its retail investors with Bonus Issue of ordinary shares or warrants. The last bonus issue was in 2008 which is 16 years ago.

2 months ago

jeffrey1166

ong coming will have bi

2 months ago

DividendGuy67

Haha ... today, FPI went ex-div, and as I mentioned in my article a few days ago when price was 3.13+, I mentioned odds are good for price to drop to 2.85 and 4 days after I penned the article, it came true! .... LOL.

Nothing's changed for me. Expected price action. From company's left pocket to my right pocket.

Notwitstanding, my portfolio continues to make new all time high today. Thank-you Mr Market!

2 months ago

instigator

it's not surprising right since this is typical for share prices to drop on ex-date according to the div paid out.

2 months ago

Dakewlest

Thinking of buying more? Anyone?

2 months ago

jeffrey1166

i keep buying

1 month ago

hhhiii123

Wait for better signal to average down, still yummy dividend

1 month ago

keithtrade

Yes dividend is 23 sen but price dropped 37 sen so in real terms thats quire a big drop of 14 sen at 5%

1 month ago

keithtrade

This often happens with small caps , not sure if knee jerk reaction or due to algorithms but might be worth some research

1 month ago

hhhiii123

it is cash rich company with almost zero debt, I not worry so much lol

1 month ago

jeffrey1166

coming can keep buying next div 0.26

1 month ago

gooman

TA Securities keeps 'overweight' on tech sector, top picks Inari, Elsoft and MPI.
https://klse.i3investor.com/web/stock/overview/0127

1 month ago

jeffrey1166

still cheap

1 month ago

stockraider

EMS strong recovery is expected in June.....with very weak RM.....it is expected EMS business will do very well loh!

1 month ago

jeffrey1166

ya coming week will rebound

1 month ago

jeffrey1166

cheap price cuurent

1 month ago

jeffrey1166

last price for below rm3

1 month ago

geary

FPI... consistently earnings growth around #11%...plus dividend growth...3%...Hold some @2.95...!?
Slow Momentum...50/200SMA....@4.20.!?

1 month ago

jeffrey1166

tp can be 4.3 follow value

1 month ago

jeffrey1166

keep buying as well

1 month ago

wongmeeyen1113

Good stock

1 month ago

jeffrey1166

ya wong super gem

1 month ago

EngineeringProfit

Phison coming?

3 weeks ago

pantor

will cross RM3 soon

3 weeks ago

jeffrey1166

surely my tp is 4.3

3 weeks ago

cola

waste of time to attend the AGM when the management does not really answer questions.....

2 weeks ago

MULTIEVER

may i know what questions you asked? any input about their agm?

2 weeks ago

cola

I asked but did not get any answer. I don't consider "do our best", "strive to do better" as answers...
Someone asked for example of what product that is considered smart audio, and the answer given was "all audio product are considered smart audio, they have many features....":-(

2 weeks ago

MULTIEVER

chill, all the boss same pattern one in agm, a generic response for a generic question, it not just fpi only.

should ask more specific and spicy question that quoting with fact and numbers, rather than using terms that sounds like marketing punya adjective slogan, like "smart", "organic", "best" etc. all this terms too blurry and generic.

if i were you, properly ask "is fpi product will up-to-date with Ai related tech in coming year?" "how much capex fpi will increase before upcoming FY".

of course it is likely you still getting blurry/ generic answer. just carry on, they also uncertain about it.

2 weeks ago

jeffrey1166

keep buying

2 weeks ago

pantor

Worth at least RM4

2 weeks ago

observatory

FPI boss is cautious when answering certain types of question, no matter how the questions are crafted. This can be seen from past AGM minutes. For example, ask anything about its clients he would tell you sorry they’re bounded by NDA with the clients. Probably he believes that even telling you product features would have given away too much and jeopardize the NDAs!

Based on my own experience, FPI is among the average. No worse than many companies I’ve come across.

Very few company management/ board go all their ways to make sure shareholders understand how the company works. One of the exceptions is Allianz. It gives me very good impression.

2 weeks ago

EngineeringProfit

In the first quarter of 2024, FPI reported a revenue of RM153.9 million and a net profit of RM32.4 million, resulting in an EPS of 12.69 sen. And the EPS stays above 10 Sen after another QR

2 weeks ago

jeffrey1166

ya

1 week ago

pantor

It is Ok if the management does not disclose much of the info of its clients to the shareholders, as long as it can make good profit, give good dividend, maintain good cashflow and remain cash rich, as is the case now.

1 week ago

jeffrey1166

ya div 9% tp can t set 4 above

1 week ago

EngineeringProfit

PEG ratio about 0.7 ? Over the past decade, Formosa Prosonic Industries (FPI) has shown notable growth. Analyzing the available data, FPI's earnings per share (EPS) have increased significantly, highlighting a robust performance trend.

In recent years, the EPS growth has been quite strong. For instance, the EPS for 2022 was RM0.42 compared to RM0.39 in 2021, and earlier, it was RM0.21 in 2020 versus RM0.17 in 2019. Over the last five years, the company has achieved an annual EPS growth rate of about 25%, indicating a consistent upward trajectory in its financial performance.

Additionally, the company's dividend payments have also increased, reflecting its growing profitability. From 2014 to 2024, the dividend grew from MYR0.06 to MYR0.23 per share, demonstrating an annual growth rate of approximately 14%.

Overall, FPI has maintained a strong growth rate over the past decade, making it an attractive investment option within the materials sector.

1 week ago

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