Highlights
KLSE: FPI (9172)       FORMOSA PROSONIC INDUSTRIES MAIN : Consumer
Last Price Today's Change   Day's Range   Trading Volume
1.51   +0.01 (0.67%)  1.50 - 1.51  58,300
Analyze this stock with MQ Trader system

Overview

Market Cap: 374 Million
NOSH: 247 Million
Avg Volume (4 weeks):543,205
4 Weeks Range:1.43 - 1.62
4 Weeks Price Volatility (%):
42.11%
52 Weeks Range:1.08 - 1.80
52 Weeks Price Volatility (%):
59.72%
Average Price Target: 2.22
Price Target Upside/Downside: +0.71
Stamp duty exempted for year 2020

Financial Highlight

Latest Quarter | Ann. Date 30-Jun-2020 [#2]  |  13-Aug-2020
Next QR | Est. Ann. Date: 30-Sep-2020  |  14-Nov-2020
T4Q P/E | EY: 9.64  |  10.37%
T4Q DY | Payout %: 7.28%  |  70.22%
T4Q NAPS | P/NAPS: 1.2  |  1.26
T4Q NP Margin | ROE: 5.80%  |  13.05%

Headlines

Date Subject
17-Aug-2020 Technical View - Formosa Prosonic Industries Bhd (FPI, 9172)
14-Aug-2020 [转贴] 5分钟看懂 FPI(9172) 2020年 Q2季报~优于预期的业绩 ~ 第一天
21-Jul-2020 Stocks on Radar- Formosa Prosonic Industries (9172)
07-Jul-2020 FPI什麼時候可考慮投資?
11-Jun-2020 Stocks on Radar- Formosa Prosonic Industries (9172)
28-May-2020 [转贴] 5分钟看懂 FPI(9172) 2020年 Q1季报 ~ 第一天
09-Apr-2020 Trading Stocks - Formosa Prosonic Industries
14-Mar-2020 【百股經#27】熊市來了!音響公司FPI現金為王沒在怕? - 百股經
08-Mar-2020 FPI - Building Long Term Solid Future
05-Mar-2020 Daily Market Update - 5 Mar 2020 (FPI, GDB)
27-Feb-2020 [转贴] FPI Q4 业绩简单分析 - 蛤蜊先生
25-Feb-2020 Technical Buy - FPI (9172)
21-Feb-2020 [转贴] 5分钟看懂 FPI(9172) 2019年 Q4季报 ~ 第一天
21-Feb-2020 [转贴] My F.M. - 水星
20-Feb-2020 Trading Stocks - Formosa Prosonic Industries
20-Feb-2020 Stocks on Radar - Formosa Prosonic Industries (9172)
20-Feb-2020 台湾联友挑战RM1.80/敏源
13-Feb-2020 Stocks on Radar - Formosa Prosonic Industries (9172)
08-Jan-2020 Trading Stocks - Formosa Prosonic Industries
03-Jan-2020 [转贴] 2020年天哥精选好公司之第1集 ~ FPI (9172) ~ 第一天

Business Background

Formosa Prosonic Industries Bhd is a Malaysian based company. Together with its subsidiaries the company is engaged in manufacturing and sales of speaker systems, investment holding, provision of system development and solutions for business software. Its reportable segments are Malaysia and United Kingdom with the majority of the revenue generated from Malaysia.Its product portfolio includes wireless speaker products, conventional speaker products, musical instrument products and acoustic products. It also offers services including design services, manufacturing services, supply chain support and quality systems.
Trade this stock with 3 x trading limit. Find out more.

  7 people like this.
 
Lyo82 rm0.50 coming soon..
Lol..sorry guys, is a nonsense. I just follow many posters who like doing this.

Have faith in your investment, cheers
23/03/2020 5:17 PM
Sardin Has FPI granted approval to operate during MCO?
30/03/2020 12:43 PM
dlau8899 Waiting rm110 dividend ex date on 2 April 2020. Buy and keep for dividend
31/03/2020 5:20 PM
dlau8899 Fpi with good dividend stock
31/03/2020 5:21 PM
dlau8899 From 1.82 to 1.42 , continue rebound above 1.70
31/03/2020 5:32 PM
IkanBawang Any sifu, If today buy can get dividend ?
02/04/2020 12:37 PM
Stocks888 Cannot, Must buy before EX date and sell after entitlement date.
02/04/2020 1:21 PM
beginner wrong, even sell now also get dividend
02/04/2020 6:10 PM
03/04/2020 12:09 PM
Stocks888 Back to 1.50 ? Haha
14/04/2020 1:19 PM
Hush77 Going up.. with good FA
14/04/2020 2:04 PM
limitupupup keeping it since the huge drop, but this is not a goreng ctr :)
14/04/2020 2:12 PM
Hush77 it is catching up slowly...with other more illustrious tech play
14/04/2020 4:34 PM
Jarklp Don't forget the 11 cents dividend in your pocket...
15/04/2020 12:07 AM
Stocks888 Esok GREEN GREEN lagi wooooo! Huat Chai!!!!!
15/04/2020 1:39 AM
Hush77 Its a good company with dividend 11 cent with cash 200m and no debt..
20/04/2020 2:53 PM
Hush77 FPI (formosa prosonic industry)

revenue : $766M
Net profit : $41.78M
EPS: 16.9 sen
PE ratio 7.9X
Dividend 11 sen
Dividend Yield : 8.21%
29/04/2020 2:01 PM
dawchok I believe profit of FPI will be affected by Covid-19 for more than 20% and dividend next year will be lower than this year, 11 cts.

I am waiting to buy MORE FPI below 1.30. The reason is that 1.30 +0.11 div(paid in Apr)= RM1.41. 1.41 is just 13% discount from 1.60 which is the average price of FPI before Covid.

If you are eager to have FPI, in fact 1.30 is not expensive too. If I have not had FPI, I will buy now. Good luck.
07/05/2020 5:30 PM
focusinvesting The current economic downturn may not heavily affect FPI's products but even if the earnings take a hit, the company could still be an attractive investment. Here's why...

https://focusinvesting484855354.wordpress.com/2020/05/09/fundamental-analysis-formosa-prosonic-industries/
13/05/2020 2:36 PM
dawchok News : "Alibaba to invest US$1.4b in AI system for smart speakers"

Is this a positive message to FPI that biz of smart speaker is very lucrative and till attracting significant new investment from Alibaba ? FPI is making smart speaker.

OR a negative message to FPI as it is a fierce competition from Alibaba on smart speaker?

https://klse.i3investor.com/blogs/kianweiaritcles/2020-05-20-story-h1507749041-Alibaba_to_invest_US_1_4b_in_AI_system_for_smart_speakers.jsp
20/05/2020 5:34 PM
Jack888 JHM move to main board next month....buy abit.
21/05/2020 9:39 AM
Kai YaNg jhm?
21/05/2020 10:43 AM
coolio slowly but surely
21/05/2020 10:16 PM
Glaceau HI SIRI, HI ALEXA – Smart Speaker Series

‘If I can foresee just one month, I would have buy in all medical related stocks be it LKL, BCMALL and etc., riding on the tread and emotion.’

‘If  I can foresee the fact that almost everyone will be stucked at home and betting on investing in the share market, I would have bought  N2N and BURSA.’

‘Everyone will be rich if they could foresee/expect events that will happen in the near term.’

‘Now, I can foresee that smart speaker will become more affordable and the AI component will be more mainstream’

Bose, Bang & , Sonos, Alexa, Google Home, Xiao Mi Xiao Ai to name the famous brands have something in common – Smart Speaker

FPI will be the beneficiary of this trend which I intend not to miss. Although it would still be affected by the overall market, in case anything happen.

If you care enough to read and think:

Apple supplier Wistron said to assemble key iPhone component in new India plant

Apple recently announced iPhone SE globally, and will sell it in India too. The company has also announced the Homepod smart speaker, extending its portfolio beyond the usual smartphones and laptops that it's known for.

Apple last year ramped up manufacturing in India and started production of the iPhone XR in the country last year for the domestic market and exports. It is currently doing CKD (Completely Knocked Down) and SKD (Semi Knocked Down) manufacturing through Foxconn and Wistron, respectively in India of models like 6S, 7, SE and XR.

Growth will continue in 2020. Roland (FPI’s existing customer) is currently renting 2 plants from FPI for in-house production. FPI will have a 3 rd plant to offer Roland for rental by June 2019, as the latter is looking to ramp up production capacity. We believe Roland may be looking for opportunities to relocate some production lines from China and Indonesia to Malaysia for cost optimisation. If this materializes, there will be a higher demand of FPI’s musical instrument components from Roland, providing an upside to earnings.

More information will be shared in due course.
21/05/2020 10:57 PM
Glaceau To be honest, many analysts mentioned that Wistron being of the major shareholder would bring make FPI more profitable with more projects to introduce. However, it is yet to be seen.
21/05/2020 10:59 PM
EasyInvest123 Cold eye increase 1000 lots
28/05/2020 2:40 PM
EasyInvest123 Now cold eye own 3000 lots, ranking 11th biggest shareholder
28/05/2020 2:42 PM
Sardin @ EasyInvest123 Where did you get this information?
29/05/2020 9:16 PM
Sardin Oh... i found it inside Annual Report 2019
29/05/2020 11:12 PM
Sardin 3,000,000 shares = 30,000 lot ( 1 lot = 100 shares )
29/05/2020 11:13 PM
weng From the latest annual reports, FPI has 3 major customers of >10% its revenue.
Anyone knows who are their major customers?
31/05/2020 1:03 PM
weng Hi glaceau, from the latest annual report, there is a new major customer that contributed to 24.7% of FPI total revenue and there is sales of products amounting to 189M (which match with the 24.7%) to related party. This related party should be Wistron.
This shows that Wistron is starting to contribute to FPI top line.
31/05/2020 10:47 PM
Glaceau That's good weng
10/06/2020 9:17 PM
CatchThe Bull Good counter for long term investor
08/07/2020 4:09 PM
Sunwong Bought at 1.60 n received 11 sen dividend in April... Thk of selling
08/07/2020 4:41 PM
anicca what happened omg
05/08/2020 5:55 PM
OneSmallStep Glad to hv this stock. Given the MCM in most of the days in Q2, FPI still recorded good QR
13/08/2020 6:04 PM
siradrian FPI go go go!!!
13/08/2020 6:23 PM
idunwork Bad top line
14/08/2020 11:22 AM
Davidl Hopefully can grab it at around 1.25
14/08/2020 1:12 PM
jinghee nowaday very hard to find a good stock. These qr is good although have MCO. I believe some project is postpone delivery due to lock down. So next QR must be very good.
14/08/2020 4:03 PM
CrossSymbol with such high DY and lower PE i think this is one of the hidden gem in bursa
14/08/2020 4:20 PM
investory321 base on current FR the fair value is 1.80 to 2.0
14/08/2020 4:24 PM
jinghee This stock should be safe now after QR announced... Other stocks still waiting for QR...From July to September, until announcement is Nov still have few months to go..No need worry have result “boom”. But I guess should be good result coming forward because due to delay delivery of contract on 2nd QR due to MCO. And during MCO result also satisfactory.. if non MCO result should be more great.
14/08/2020 9:06 PM
Davidl Time to accumulate!
16/08/2020 5:11 PM
Bleh When is qtr
19/08/2020 5:38 PM
coolio aiya broo..out a week d la
19/08/2020 9:26 PM
investory321 after Q2 result out the base is set around 1.45, waiting to break 1.51 then will look at 1.60 - 1.80 range
24/08/2020 11:50 AM
investory321 broke 1.51 already, faster than expected
25/08/2020 10:16 AM
finplan Hi I've written an article about FPI, feel free to check it out.
https://finplanco.com/e17-malaysia-dividend-stock-fpi/
02/09/2020 12:12 AM


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