Pretty sure FPGGROUP (FPG) shareholders is exciting with what going on to the counter now. Summary of why everyone focus on this stock as below,
4 Weeks Range 0.49 - 0.70 OR 44.4% !
1 Year Range 0.195 - 0.70 OR 225% !
To compare how amazing is the return in %, lets do it this ways,
225% = 75years FD @3% per annum OR 18% return per month.
To compare with Year2019 hot Bursa Counter,
1. NOTION
4 Weeks Range 0.79 - 1.06 OR 22%
1 Year Range 0.46- 1.06 OR 57%
2. FRONTKN
4 Weeks Range 1.85 - 2.17 OR 15%
1 Year Range 0.557 - 2.17 OR 191%
3. REVENUE
4 Weeks Range 1.700 - 2.3 OR 17%
1 Year Range 1.07 - 2.3 OR 55%
4. DAYANG
4 Weeks Range 1.75 - 2.36 OR 36%
1 Year Range 0.48 - 2.36 0R 357%
5. PENTA
4 Weeks Range 3.74 - 4.83 OR (5%)
1 Year Range 1.53 - 4.92 OR 122%
6. VELESTO
4 Weeks Range 0.360 - 0.395 OR (6.4%)
1 Year Range 0.165 - 0.410 OR 82%
To compare with same sub sector industrial materials, components and equipment player.
FPG: P/E = 28.24, EPS=2.5
BOILERM: P/E=11.5, EPS= 5.4
CBIP: P/E=35.3, EPS=2.8
DUFU:P/E=19.22, EPS=16.9
KOBAY: P/E=9.9, EPS=18.5
SCOMNET: P/E=29.4, EPS=2.5
TECFAST: P/E=31.3, EPS=1.4
VS: P/E 15.5, EPS=8.5
SO, what is next? Near term (before Chinese New Year2020) target price is RM0.85.
Hold for long term sky is the limit.