FORMOSA PROSONIC INDUSTRIES

KLSE (MYR): FPI (9172)

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Last Price

2.85

Today's Change

+0.01 (0.35%)

Day's Change

2.84 - 2.87

Trading Volume

217,900


8 people like this.

3,079 comment(s). Last comment by jeffrey1166 1 week ago

Dhando

34 posts

Posted by Dhando > 2 months ago | Report Abuse

Export of Sony products will be record high in Q1.

Dhando

34 posts

Posted by Dhando > 1 month ago | Report Abuse

Interest income and fx gain are recurring yearly. Interest income will parallel the increase in cash. For the past 6 years FPI’s PBT has consistently been higher than OP.
Also, in-spite of the high cash reserve RoE is more than 20%. It simply means FPI's capital expenditure requirements are low.

spectre007

1,406 posts

Posted by spectre007 > 1 month ago | Report Abuse

FD of the year for the past 9 years

Posted by jeffrey1166 > 1 month ago | Report Abuse

still very cheap

Posted by jeffrey1166 > 1 month ago | Report Abuse

buy n keep only

geary

6,230 posts

Posted by geary > 1 month ago | Report Abuse

FPI... consistently earnings growth around #11%...plus dividend growth...3%...Hold some @2.95...🤓

Posted by jeffrey1166 > 1 month ago | Report Abuse

ya tp can set 4.3

Dakewlest

1,747 posts

Posted by Dakewlest > 1 month ago | Report Abuse

Still keeping my FPI shares. To RM4.00 soon, hopefully.

Posted by EngineeringProfit > 1 month ago | Report Abuse

Me too - parking over 1 mil here

Dakewlest

1,747 posts

Posted by Dakewlest > 1 month ago | Report Abuse

Engineeringprofit, what price did you buy FPI?

Posted by EngineeringProfit > 1 month ago | Report Abuse

Many batches- in out. Currently holding avr price 2.75 (after average up recently-last batch bought 2.94 days ago)

pantor

320 posts

Posted by pantor > 1 month ago | Report Abuse

This stock is worth > RM4. A matter of time.

pantor

320 posts

Posted by pantor > 1 month ago | Report Abuse

Will catch up with uchitec with time. Uchitec also hovered around RM3 for long time.

Posted by EngineeringProfit > 1 month ago | Report Abuse

I park over 1 mil there too

Posted by jeffrey1166 > 1 month ago | Report Abuse

keep buying

Posted by EngineeringProfit > 1 month ago | Report Abuse

Parking 10% of my total investment $ here is enough for me. Not adding

Income

10,346 posts

Posted by Income > 1 month ago | Report Abuse

How can I make Rm or more a day?
In conclusion, making an extra Rm100 a day is possible with some effort and creativity. You can start a blog, do freelance writing, complete online surveys, sell products online, drive for Grab or Food Panda, rent out your home or space, sell photos online, or become a virtual assistant.

Posted by jeffrey1166 > 1 month ago | Report Abuse

coming can push up

Posted by Cash99isKing > 1 month ago | Report Abuse

Wonder why market still giving low valuation to FPI despite of its capability to distribute high dividend.
7.5% at current price, not to mention their net cash and dividend have been consistently increasing.

Posted by jeffrey1166 > 1 month ago | Report Abuse

ya undervalue

Dakewlest

1,747 posts

Posted by Dakewlest > 1 month ago | Report Abuse

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

Posted by jeffrey1166 > 1 month ago | Report Abuse

surely can bext will be 25 cents

Posted by jeffrey1166 > 1 month ago | Report Abuse

coming can fly

Posted by jeffrey1166 > 1 month ago | Report Abuse

correction normally

Posted by WellnessAntiCancer > 1 month ago | Report Abuse


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

Posted by WellnessAntiCancer > 1 month ago | Report Abuse

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

Simple Man

898 posts

Posted by Simple Man > 3 weeks ago | Report Abuse

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

Posted by jeffrey1166 > 3 weeks ago | Report Abuse

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

Posted by DividendGuy67 > 3 weeks ago | Report Abuse

I own FPI at marginally above neutral position. I like the stock but I would also remind myself not to be too greedy.

One thing to note is the Group MD is 68 years old Taiwanese, and last year a Board member retired. The Group MD apparently was appointed to his position in 1989 ... so, this may not exactly be a young, agile or dynamic company despite small cap. If the Group MD was say 10-15 years younger, with this kind of fundamentals and price action, I would load up even more, but as it is now, it's still good, and so, still deserve a full neutral position (which to me is around 3% capital) and maybe even up to 4% capital position due to its excellent fundamentals, financials, dividends, chart, etc.

Documenting my evolving thoughts here for future reference - http s://dividendguy67.blogspot.com/2024/04/fpi.html

Posted by jeffrey1166 > 3 weeks ago | Report Abuse

coming can fly

Posted by Edwardong53 > 3 weeks ago | Report Abuse

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.

Posted by jeffrey1166 > 2 weeks ago | Report Abuse

ong coming will have bi

Posted by DividendGuy67 > 2 weeks ago | Report Abuse

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!

Posted by instigator > 2 weeks ago | Report Abuse

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

Dakewlest

1,747 posts

Posted by Dakewlest > 2 weeks ago | Report Abuse

Thinking of buying more? Anyone?

Posted by jeffrey1166 > 2 weeks ago | Report Abuse

i keep buying

hhhiii123

691 posts

Posted by hhhiii123 > 2 weeks ago | Report Abuse

Wait for better signal to average down, still yummy dividend

Posted by keithtrade > 2 weeks ago | Report Abuse

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

Posted by keithtrade > 2 weeks ago | Report Abuse

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

hhhiii123

691 posts

Posted by hhhiii123 > 2 weeks ago | Report Abuse

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

Posted by jeffrey1166 > 2 weeks ago | Report Abuse

coming can keep buying next div 0.26

gooman

644 posts

Posted by gooman > 2 weeks ago | Report Abuse

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

Posted by jeffrey1166 > 2 weeks ago | Report Abuse

still cheap

stockraider

31,556 posts

Posted by stockraider > 1 week ago | Report Abuse

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

Posted by jeffrey1166 > 1 week ago | Report Abuse

ya coming week will rebound

Posted by jeffrey1166 > 1 week ago | Report Abuse

cheap price cuurent

Posted by jeffrey1166 > 1 week ago | Report Abuse

last price for below rm3

geary

6,230 posts

Posted by geary > 1 week ago | Report Abuse

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

Posted by jeffrey1166 > 1 week ago | Report Abuse

tp can be 4.3 follow value

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