BursaHodlerGooShen WHO study mentioned remdesivir fail in covid19 death. How will global market react ? Be prepared for a huge dip in near future ! 16/10/2020 12:38 PM
19/10/2020 9:02 AM
GooShenThis is not tech stock, you understand? Today continue to test new high, gogogo
Steve Ooi1. Test Socket Function of Test Socket - to test new chips ( 7nm, 5nm, potentially 3nm in 2024). -mainly OSAT companies, who are them?
2. Stencil Maker How potential is DSSB? What is DSSB performance? PAT for DSSG FY 2018 RM 1.9 mil FY 2019 RM 3.4 mil FY 2020 RM 4.0 mil (MCO affect Qtr 3 and Qtr 4, else performance even better) Can you see the potential of DSSB? DSSB make profit every quart since FPG acquire, and it profit grow quarter to quarter.
In recent market, a lot will think market will collapse. But base on my experience, you can't time the market you will never know when the market good or bad. Even market is bad, company with potential will still performing.
FY 2020 revenue achieve RM 50mil marks? these revenue improvement is mainly due to increase in HONG KONG, CHINA and TAIWAN sales. I do not need to mention these company right?
Peer comparison, JFTech is shadow of FoundPac, JFTech PE 118(RM 4.21) and FoundPac PE34 ( RM 1.03). Quarter 1 & 2 is the best performing quarter for FoundPac, and WHY?This is because DSSG post RM 1.4 mil & RM 2.1mil respectively.
Rgs Ooi
21/10/2020 2:14 PM
Young MoneyAn undiscover gem that won't stay that way for long. STAR pick.
22/10/2020 10:48 AM
karimbossSo you know why JFTECH still can go up even PE high. Kikiki
22/10/2020 10:49 AM
Steve OoiChina Prospect. Not to forgot FPG CHINA, HK and TAIWAN sales growing. In term of yield ofcos JFTECH win, but in term of growth definitely FoundPac.
karimboss So you know why JFTECH still can go up even PE high. Kikiki 22/10/2020 10:49 AM
22/10/2020 11:32 AM
karimbossElection Trump Vs Biden Virus Bo Vaccine Politic Malaysia
SELL SELL SELL TRIGGER
22/10/2020 2:55 PM
karimbossTurn Red lol... Still dunwan cut...trigger mari liao.. See the dumb crab keep buy, u think u can control the price... Dumbo
ashmirarelax karimboss. when go down we collect more. still waiting to drop around 0.5 - 0.7 if possible. that my range. Don't panic. Relax. :). Unless for the peoples that use margin. You guys should be panic. >_<.
22/10/2020 3:57 PM
karimbossDun Panic Yo...Buy Rate Drop to 26% now... Haiya
22/10/2020 4:07 PM
karimbossDun Panic Yo...Buy Rate Drop to 26% now... Haiya
22/10/2020 4:07 PM
ashmiraDon't panic, as an investor. Still waiting to drop to 0.5 - 0.7. if drop i'm happy to collect more ticket. my aim is next 3 years from now. not urgent to sell it for tiny profit. at least 300% and more.
23/10/2020 9:41 AM
Value_Investor_888If JFTECH worth above RM5, FPGROUP should simply worth mare than RM2....Really funny to see the market behaved in this way...
23/10/2020 11:46 AM
ashmirai know how you feel. good company but price not moving. JFtech average volume is small. that why easy to move up and down. its ok chance to collect more. im also waiting for JFTech on big retracement. sold too early. thought 3.50 is already high. then its go 5. haha.
23/10/2020 12:19 PM
gemfinderso lousy compared to jftech… same bisnes ma. not moving
Fadzli AliasManage to buy again 250 lot at 1.03 after sold all 500 lot at 1.08*(1.01) at morning..... Tq panic seller.....
23/10/2020 8:46 PM
Fong YMSame source told me coming quarter result start with 5******. Performance doing so well mainly because of good performance from laser stencil.
Stock: [FPGROUP]: FOUNDPAC GROUP BHD
Aug 17, 2020 10:54 AM | Report Abuse
No why purely just because result very good, start with 4****** . Is this result acceptable? Anyway that just rumor.
23/10/2020 10:59 PM
alexlee06037Another company that is considering to list its subsidiary is property developer Mah Sing Group Bhd, which recently announced that it was exploring the possibility of listing its manufacturing division separately from the group to further unlock its value, although the group did not divulge further information.
IT is interesting to observe the outcomes when a listed company embarks on a spin-off and list its subsidiary. Typically, a subsidiary is listed to unlock greater value. In the case of Foundpac Group Bhd, the precision engineering services provider and laser stencil manufacturer is mulling the listing of its 75%-owned subsidiary Dynamic Stencil Sdn Bhd (DSSB). DSSB’s primary business activity is the manufacture and sales of laser stencils.
Citing sources, Bloomberg said Sime Darby has held discussions with potential advisers for an IPO of Ramsay Sime Darby Health Care Sdn Bhd, with a listing on Bursa Malaysia to potentially happen as early as 2021. Plans to list DSSB are still preliminary, as FoundPac clarified on Monday in a Bursa Malaysia filing. It said it is “still exploring on the options available and has not set a specific time frame for the initial public offering (IPO) plan”. “Although the IPO plan is likely to be on Ace Market if it is to be listed in Malaysia, FoundPac is still exploring other available options including listing on other stock exchanges which can offer DSSB a better valuation, ” it said. It is interesting to note that FoundPac recorded a net profit margin of 33.43% and a pre-tax profit margin of 41.7% for the financial year ended June 30,2020 (FY20). Given FoundPac’s impressive profit margins – it had a low turnover of RM51.05mil and a net profit of RM17.07mil – the plans to list DSSB may be viewed as a move that will dilute the group’s earnings. Noting that possible outcome, an industry observer explains that the benefits of listing a subsidiary outweighs the drawbacks. “The listing of the subsidiary will give the company a better profile, making it easier for fundraising, if needed. “It will also enable the subsidiary to embark on merger and acquisition activities for expansion and growth. “Additionally, there will be a more accurate valuation ascribed to the company, particularly if the holding company has a greatly diversified portfolio of subsidiaries, ” he says. While FoundPac may lose out in terms of earnings contribution from DSSB after the listing, it remains to be seen how the shareholding will be like when the potential IPO is structured. Should FoundPac retain a significant equity in DSSB after the IPO, part of DSSB’s earnings will be reflected in FoundPac’s books. Since its acquisition in November 2017, DSSB has reported a net profit of RM1.78mil in FY18, RM3.43mil in FY19 and RM4mil in FY20. DSSB’s business was affected by a supply chain disruption and movement control order (MCO) caught for about four months this year. The prospects for FoundPac are riddled with many uncertainties from the impact of Covid-19 and its compounding effects on global and national rates of economic growth. Despite the more challenging market outlook, the board of FoundPac remains cautiously optimistic about its prospect in the coming year. “Our group will continue to uphold our core and long-term strategy to focus on business expansion and diversification, product development, as well as business process optimisation through lean implementation across all operations in the organisation, ” says FoundPac in its 2020 annual report. As of Friday, FoundPac traded at a historical price-earnings multiple of 34.56 times. Since hitting a low of 41 sen in March this year, FoundPac’s share price has surged 151% to RM1.03 at Friday’s close. Another company that is considering to list its subsidiary is property developer Mah Sing Group Bhd, which recently announced that it was exploring the possibility of listing its manufacturing division separately from the group to further unlock its value, although the group did not divulge further information.
24/10/2020 3:01 PM
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