FORMOSA PROSONIC INDUSTRIES

KLSE (MYR): FPI (9172)

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Last Price

3.03

Today's Change

+0.01 (0.33%)

Day's Change

3.03 - 3.11

Trading Volume

4,296,900


8 people like this.

3,024 comment(s). Last comment by ITreeinvestor 1 day ago

pputeh

698 posts

Posted by pputeh > 2023-10-18 10:01 | Report Abuse

Been going up the last few sessions. Any reason? Hopefully results Q3 better

pantor

315 posts

Posted by pantor > 2023-10-19 00:48 | Report Abuse

FPI usually has the best result in Q3 (upcoming) followed by fat dividend in Q4.

monetary

4,337 posts

Posted by monetary > 2023-10-19 07:06 | Report Abuse

em... since when bursa requires retailers to announce buy sell?

pantor

315 posts

Posted by pantor > 2023-11-16 18:41 | Report Abuse

Superb result. After deducting the property disposal gain, eps is still 16+ sen. Excellent

cwc1981

954 posts

Posted by cwc1981 > 2023-11-16 18:58 | Report Abuse

Superb

cwc1981

954 posts

Posted by cwc1981 > 2023-11-16 18:58 | Report Abuse

At least another 20cents dividend

winston1

517 posts

Posted by winston1 > 2023-11-16 22:23 | Report Abuse

Should head to 3.40 soon.

monetary

4,337 posts

Posted by monetary > 2023-11-17 11:41 | Report Abuse

Bought back all that I sold yesterday. I believe numbers don't lie.

katara

135 posts

Posted by katara > 2023-11-17 12:34 | Report Abuse

now cheap ..

Income

9,436 posts

Posted by Income > 2023-11-18 14:05 | Report Abuse

Everyone wants green solutions but green extremists think only what they say is true, and aren't evidence based lead.

In their extremism they just want to shut everything down no matter how many lives gets destroyed, they justify it in their sick head thinking if we don't the world is going to end in 5years or 10years.

They should stick to what they do best expose the oil companies or other special interests groups lobbyists who profit by keeping carbon based economy, corrupt political dealings etc without being extreme careless ideologues.

monetary

4,337 posts

Posted by monetary > 2023-11-20 11:32 | Report Abuse

This is the price where most ppl got stuck when it gapped down. Now need to let these ppl exit.

monetary

4,337 posts

Posted by monetary > 2023-11-20 11:33 | Report Abuse

Very easy mission for PFI. Coming Q4 only need NP of 8m to stay at PE8. Dividend 21sen tetap ada!

Income

9,436 posts

Posted by Income > 2023-11-21 19:33 | Report Abuse

I'm touched by how sincere you sound bro.. I'm really happy to have come across your comment. May God bless you abundantly. Thanks so so so much Bro.

Income

9,436 posts

Posted by Income > 2 months ago | Report Abuse

I heard from a girl originally from the Philippines with a teaching degree, she was offered a job in a small kansas town. The school paid to bring her here to be a teacher for them. She went from the slums of a third world country to working as a teacher, bought a house, bought a new car and is living the dream. From an actual slum, no running water, limited electric, a rough life for sure, to middle class in less than 2 years and is completely set up. If you are not willing to make changes and make better choices, then someone else will.
There's many American teachers that could have taken that job... But they didn't, think about that.
Life is choices, make better ones...

Income

9,436 posts

Posted by Income > 2 months ago | Report Abuse

"If anything is too interesting but it doesn't make you money, it's taking away money from you.

Income

9,436 posts

Posted by Income > 2 months ago | Report Abuse

•Israel warns war with Hamas could take 'several' more months

Income

9,436 posts

Posted by Income > 1 month ago | Report Abuse

Nobody wants to buy kah?

CharlesT

14,517 posts

Posted by CharlesT > 1 month ago | Report Abuse

Good Co but boring stock. Can aim for 10% to 15% upside potential only.

ks55

2,831 posts

Posted by ks55 > 1 month ago | Report Abuse

Then you should go for Crescendo. Directors plan to sell another 100 acres of industrial land in NCIP for not less than rm 500 million.

sten_still

363 posts

Posted by sten_still > 1 month ago | Report Abuse

Stocking up this counter for year 2024

katara

135 posts

Posted by katara > 1 month ago | Report Abuse

going to rebound..

CharlesT

14,517 posts

Posted by CharlesT > 1 month ago | Report Abuse

At most 10% to 15% return....hopefully can give 25 cents div in Feb

CharlesT

14,517 posts

Posted by CharlesT > 1 month ago | Report Abuse

Early last year goreng goreng till 3.70+, and then annouced a very ugly Q4 result n div 21 cents...1 cent higher than 2021, then price plunged till 3.10+

This year c what pattern they wanna do

Hopefully can get extra few cents div higher

katara

135 posts

Posted by katara > 1 month ago | Report Abuse

seems going to break ..at this safe level..

gooman

581 posts

Posted by gooman > 1 month ago | Report Abuse

Southeast Asia markets are poised for a comeback with valuations at 'bargain basement,' Maybank says.
https://www.cnbc.com/amp/2024/01/22/southeast-asia-markets-poised-for-a-comeback-with-valuations-at-bargain-basement-maybank-says.html

Posted by Lightofheaven > 3 weeks ago | Report Abuse

fpi up..any good news ah?

winston1

517 posts

Posted by winston1 > 3 weeks ago | Report Abuse

Should announce good dividend next month

Posted by WellnessAntiCancer > 3 weeks ago | Report Abuse

Waiting for Qtr 12/23 Report.

Even if it is tepid like 4mil profits, giving a year’s EPS of 35sen, the company can still pay 21 sen dividend translating to 7.1% at share price RM2.96.

Load up before the market realises it.

Just like Amway, when Div yield is expected to be 7.4% at share price RM5.25, it shot up to RM6.90, 32% rise with dividends 7.4% total 42% gains in less than three months.

Posted by WellnessAntiCancer > 3 weeks ago | Report Abuse

FPI is financially strong with cash reserves RM362mil for a market cap of RM781mil

Strong orders coming from the ACER Group Taiwan and USA orders.

Posted by WellnessAntiCancer > 3 weeks ago | Report Abuse

FPI is investing in IOT for speakers, the next generation of craze.

Disclosure: I own FPI, INsas & INsas WC amongst other portfolio. May continue to buy in the next 72 trading hours.

Dakewlest

1,739 posts

Posted by Dakewlest > 2 weeks ago | Report Abuse

Wellness, what is your average buying price for FPI?

hhhiii123

644 posts

Posted by hhhiii123 > 2 weeks ago | Report Abuse

feel like next qr very strong, need special dividend, wakaka

Posted by WellnessAntiCancer > 2 weeks ago | Report Abuse

High likelihood of >7% dividends. Even if not, why worry, the Balance sheet is rock solid with cash RM362million. I am amazed by their Speakers technology saleability as they have large orders. I read somewhere they are also OEM for Sony which is a surprised as Sony is known to guard their in-house production. I may not be right here.

But you cannot go wrong with such technology and Financial solid ground. ROCK solid.

ON purchase price, I wish to keep it confidential.

But our purpose is same, prosper thy neighbour and let all of us laugh all the way to the bank.

Posted by DividendGuy67 > 1 week ago | Report Abuse

This nice and solid stock edges up, enough to make my portfolio to hit new all time high again! Changed my mind - originally intending to take some profits near RM3 resistance, but along the way when it was 2.8 to 2.87, I added a little bit to raise my average cost from 2.5x to 2.62. This nice counter is in my Top 20% buy size.

My current outlook is to expect 23 sen dividend (say 21-25 sen), assuming 60% dividend payout ratio. At 3.02, this is 7.6% dividend yield which is nice and solid. No plans to take profits yet.

CharlesT

14,517 posts

Posted by CharlesT > 1 week ago | Report Abuse

Finally stand above Rm3.00, a small angpao (10% to 15%) is good also

Posted by DividendGuy67 > 1 week ago | Report Abuse

Nice close at 3.05. With higher volume too. Thanks to FPI and another 22 other stocks, my portfolio hit new all time high again today.

Next stop is RM3.45 to close the big opening gap fill a year ago.

ckwee168

25 posts

Posted by ckwee168 > 1 week ago | Report Abuse

Does FPI involve or produce audio recognition technology apart from its speaker sound system?

Dakewlest

1,739 posts

Posted by Dakewlest > 4 days ago | Report Abuse

Any prediction for the coming dividend. I hope it will increase! Bukan jatuh.

stockraider

31,527 posts

Posted by stockraider > 4 days ago | Report Abuse

My tukang tilik says div 21 sen coming loh!

Dakewlest

1,739 posts

Posted by Dakewlest > 3 days ago | Report Abuse

Any TP after qr? Especially if div is more than 20 sen. I guess will rise around 10%-15%.

pantor

315 posts

Posted by pantor > 2 days ago | Report Abuse

Good result with fat dividend

gooman

581 posts

Posted by gooman > 2 days ago | Report Abuse

In respect of the Group financial position, it remains solid with net cash position. The Group remains mindful on trade receivables collection which was within the normal range of 60 to 90 days and the inventory level which is supportive to subsequent production and delivery requirements.

pantor

315 posts

Posted by pantor > 1 day ago | Report Abuse

Let’s compare FPI and uchitec.
FPI :PE 6.6 ROE 21.5 div 7.6%
Uchitec :PE 14.3 ROE 65 dividend 7.3%
We should give FPI PE at least 10, which is RM4.57.
50% upside

Posted by WellnessAntiCancer > 1 day ago | Report Abuse

See the competitive moats of each business
FPI has strong leadership is speakers technology
Uchitec has scientific skills in developing chips for coffee and dominating the high end coffee machine brewer.

Posted by WellnessAntiCancer > 1 day ago | Report Abuse

FPI declared dividends 23 sen with current (attractive) share price 3.07 yields 7.5%.

HLIB declared a surprised dividends at 50sen giving a total 70sen div for FY2023. The shares shot up by RM1.00 to RM10.30 now.

FPI is still undiscovered gem.

Disclosure: I own both Uchi & FPI amongst my portfolio and may buy more in next 72 hours.

Posted by WellnessAntiCancer > 1 day ago | Report Abuse

FPI is rock solid financial position with net cash increased QtoQ from RM363mil to RM450.6million, almost RM90million cash increase thanks to the strong credit control that customers pay within 90 days.

Margin of safety is very high

gooman

581 posts

Posted by gooman > 1 day ago | Report Abuse

Malaysia’s exports recovery expected in 2024
https://en.vietnamplus.vn/malaysias-exports-recovery-expected-in-2024/279836.vnp

KPH5328

97 posts

Posted by KPH5328 > 1 day ago | Report Abuse

Uchi single customer risk, no doubt FPI is a very well managed EMS but they're OEM, no own brand, nothing much they can do when economy slowdown, or low demand.
Hope their AI speaker will be ready to accept order soon.

Posted by ITreeinvestor > 1 day ago | Report Abuse

disposal gain 20mil, core earning 12mil.
PE 16.45 which is more expensive than uchitec

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