FORMOSA PROSONIC INDUSTRIES

KLSE (MYR): FPI (9172)

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Last Price

2.77

Today's Change

0.00 (0.00%)

Day's Change

2.76 - 2.80

Trading Volume

553,200


8 people like this.

3,131 comment(s). Last comment by yongyong88 3 days ago

Posted by Angel of KLSE 大马股仙 > 2019-02-22 09:28 | Report Abuse

Oh my god, fall like shit flushed into toilet hole.

Posted by dreamscape1 > 2019-02-22 09:29 | Report Abuse

The latest QR is not good and although I am tempting to sell, I still think this is a good company. The net asset and cash balance increase YoY although revenue dorp. Tough decision.

Posted by PotentialGhost > 2019-02-22 10:08 | Report Abuse

This niama fpi 1.40 also no worth it la, must drop below 1.40 .

GLNT

566 posts

Posted by GLNT > 2019-02-22 10:22 | Report Abuse

Higher dividends are a sign of confidence la. Woolei, dividends didn’t drop. How did you calculate?

spectre007

1,408 posts

Posted by spectre007 > 2019-02-22 11:07 | Report Abuse

Even if u bought at 1.80..dividend of 10sen yields 5.55%..and don't need to wait 1 year.. Get in April.. Which FD gives you that

apolloang

18,163 posts

Posted by apolloang > 2019-02-22 11:08 | Report Abuse

but after ex dividend down,only getting your money back make no different

Woolei

292 posts

Posted by Woolei > 2019-02-22 13:13 | Report Abuse

@GLNT, thank for correction, 'EPS' drop from 16.6 to 14.8 this year

Dickyyou

151 posts

Posted by Dickyyou > 2019-02-23 11:42 | Report Abuse

Profit drop 40% 1.85? Should be below 1.5.

GeorgeToh

47 posts

Posted by GeorgeToh > 2019-02-24 16:11 | Report Abuse

HLIB Research 22-Feb-2019 TPRM2.22 :-
We continue to like FPI for its (1) ongoing expansion plans; (2) strong balance sheet (net cash per share of 67.8 sen or 34% of market cap); (3) generous dividend yield of ~6%; and (4) synergic partnership with global EMS leader (Wistron).
10 cents dividend ex date in 1 month+ time i.e. 03-Apr-2019. Share price can up to RM2 (with 5% Div yield).

Yi Heng

246 posts

Posted by Yi Heng > 2019-02-24 19:56 | Report Abuse

10 sen dividend make investors struggle either want buy or not...if just 5 sen dividend, this stock sure drop..

handsomejs

156 posts

Posted by handsomejs > 2019-02-26 15:11 | Report Abuse

not a very bad result , but investors no confidence, government act nothing

Posted by riskabsorber > 2019-02-28 16:05 | Report Abuse

1. INTRODUCTION

Pursuant to Paragraph 10.09(1)(b) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad ("MMLR"), the Board of Directors of Formosa Prosonic Industries Berhad (“FPIB” or “the Company”) wishes to announce that FPIB Group has in the ordinary course of its business entered into Recurrent Related Party Transactions (“RRPTs”) with Wistron Corporation ("Wistron"), a company listed on the Stock Exchange of Taiwan, which is a major shareholder of FPIB. The collective consideration of such RRPTs has exceeded the percentage ratio of 1% for the period from 11 February 2019 to 26 February 2019.

Related Party : Wistron
Transacting Party : FPIB and/or its wholly-owned subsidiary, Formosa Prosonic Technics Sdn. Bhd. (“FPT”)
Nature of Transaction : Sales of speakers by FPIB and / or FPT to Wistron
Amount of Transactions : MYR5,636,744.80


Is that mean that the amount of transaction is exceeded by 1% from these 2weeeks (11 Feb -26 Feb)?

Yi Heng

246 posts

Posted by Yi Heng > 2019-02-28 19:22 | Report Abuse

don understand what the announcement talking about lol

Vorster89

165 posts

Posted by Vorster89 > 2019-03-22 18:33 | Report Abuse

10cent dividend on the way

Yi Heng

246 posts

Posted by Yi Heng > 2019-03-23 11:42 | Report Abuse

yeah, the highest dividend paid over the past years, well done fpi

GeorgeToh

47 posts

Posted by GeorgeToh > 2019-04-01 13:37 | Report Abuse

last day to earn 10 cents dividend is by tomorrow 02-Apr, coz Ex-Date is 03-Apr (Wednesday)

tokohM

432 posts

Posted by tokohM > 2019-04-01 15:32 | Report Abuse

worried earn div but later ex-date, drop some more

spectre007

1,408 posts

Posted by spectre007 > 2019-04-01 17:39 | Report Abuse

Could happen.. Last time when I bought 97 sen.. Gave 7 sen dividend.. Drop to 80 sen.. So better buy after dividend. It will sure go back up

Posted by Angel of KLSE 大马股仙 > 2019-04-02 09:11 | Report Abuse

Meaning today better sell?

tokohM

432 posts

Posted by tokohM > 2019-04-02 15:34 | Report Abuse

i also think so.

Posted by MoneyMoneyHome2019 > 2019-04-03 10:11 | Report Abuse

Why the share price just drop to 1.70 after dividend?

m3379

211 posts

Posted by m3379 > 2019-04-03 10:11 | Report Abuse

So it drops

Posted by dreamscape1 > 2019-04-06 10:51 | Report Abuse

It is normal for stock price to adjust as much as the distributed dividend. It is more a adjustment than drop. I’m kinda surprise it didn’t drop further like last time... it is definitely weird... hmmm...

Vorster89

165 posts

Posted by Vorster89 > 2019-04-06 11:11 | Report Abuse

uptrend , good support

RIZ074

5 posts

Posted by RIZ074 > 2019-04-08 19:11 | Report Abuse

@dreamscape1 yes it's weird.

spectre007

1,408 posts

Posted by spectre007 > 2019-04-10 23:28 | Report Abuse

Not wierd I think. It is showing symptom of strength. I held this stock for 4 years. Usually drop further after dividend but this time I think the lowest it went was 1.69. Think this stock will exceed rm2 closer to the upcoming qtr results.

antonb

17 posts

Posted by antonb > 2019-04-19 10:34 | Report Abuse

Dividend really good. Received today. A stock to hold.

antonb

17 posts

Posted by antonb > 2019-04-19 10:37 | Report Abuse

wonder if the AGM got any goodies?

Posted by PotentialGhost > 2019-04-24 09:32 |

Post removed.Why?

Woolei

292 posts

Posted by Woolei > 2019-04-25 22:48 | Report Abuse

23) RHB Capital Nominees (Tempatan) Sdn Bhd
Pledged Securities Account For Fong Siling (CEB)

2,000,000 unit x 1.8 = RM3,600,000 @.@

Posted by andersonleee > 2019-04-26 00:22 | Report Abuse

2mil unit for master cold eye is not much @.@

Woolei

292 posts

Posted by Woolei > 2019-04-26 01:00 | Report Abuse

mean he will buy more if dib

Yi Heng

246 posts

Posted by Yi Heng > 2019-04-28 18:41 | Report Abuse

《FPI 2018年报》

copy and paste from fb page 蛤蜊先生

日前,FPI2018年报出炉,蛤蜊也大约翻阅,顺便记录自己看到的,方便日后参考。

由于早前在Q4业绩出炉的时候,已写过业绩,所以此次快速总结一下2018年的业绩。

2018年对FPI来说好坏参半,营业额上涨21%,但因为营运成本上涨和美金弱势,导致这家以出口为导向的公司,净利和税前盈利都稍微下滑。

因此,为了应付成本的问题,FPI在年头全购了Formosa Prosonic Technics Sdn Bhd。根据年报,这项收购可以帮助公司的生产链创造价值,同时可以控制成本。

年报中也提到各种会面对的利空因素,如贸易战、原料价格涨、最低薪金涨等等。但公司坦言,这些都是在控制范围内。为了应付这些利空,公司除了继续成本控制之外,也不忘拓展产能。看回之前的文章,FPI管理层预计明年营业额成长15%,这待业绩出炉继续观察。

至于资产负债表方面,PPE增加8.2%至1亿2815万令吉,估计是收购的公司,旗下的工厂、机器等有所增加。

现金方面增加12.4%,至1亿6780万令吉,换算每股现金为0.68。

应收帐款方面也增加不少,达9千322万令吉,比起前期的8千439万令吉,增加约10%,意味着卖出的货多了,自然该收的钱也多了。

虽然还没收的钱多了,但其收款周转天数却进步至61天,过往是65天,意味着收款的效率进步了。

再来是存货方面,存货增加21.66%,至4千767万令吉。虽然存货增加不少,但存货周转天数依然维持在31天,也就是说行情不错,才会囤更多货。反之,存货如果增加,但卖不出,或存货周转天数变长,才会出现问题。因为电子产品淘汰的速度很快,所以不该存太多货,而且货太多,仓库也是笔花费,这是个人观点。

FPI的现金流非常健康,其营运现金流增加几乎1倍,至6千140万令吉。自由现金流增加至3千840万令吉。自由现金流是扣除所有资本开销(CAPEX)后,剩下的可支配现金。

总体来说,FPI的资产负债表健康稳健,目前就只能静待公司的发展,期待产能的贡献。再来就是期待股息的增加。

而且,美金近来也逐渐走强,或许会为FPI带来一些红利。

对了,FPI迎来一名新的30大股东—冷眼,相信冷眼的加入,为FPI的股东打了一剂强心剂吧。

FPI在Q4业绩出炉后,股价跌至1.8左右,然后派了10sen的股息,除权后的股价调整至1.7,昨天又突然升至1.8,也就是说,长持有的股东,这样平白无故的赚了5%的股息呢。

Posted by chinwh9176 > 2019-05-23 00:17 | Report Abuse

谁会出席这星期的AGM?

Abismail

651 posts

Posted by Abismail > 2019-05-24 18:26 | Report Abuse

Good qr

Vorster89

165 posts

Posted by Vorster89 > 2019-05-24 18:29 | Report Abuse

恭喜恭喜

tokohM

432 posts

Posted by tokohM > 2019-05-27 13:37 | Report Abuse

good qtr also not up like liihen

Posted by dreamscape1 > 2019-05-27 15:44 | Report Abuse

Looking at the AGM result, it looks like someone disagree with the reappointment of directors. Anyone who went to the AGM can share what happen there? Any other news ?

amet2017

3,150 posts

Posted by amet2017 > 2019-05-27 15:48 | Report Abuse

Nothing to do with that la..aiyo..purely speculating ha..company is growing shown by good QoQ and YoY result

Sardin

839 posts

Posted by Sardin > 2019-05-28 21:38 | Report Abuse

Who are the customers A and B?

Octopus

549 posts

Posted by Octopus > 2019-07-18 17:39 | Report Abuse

buy this since 4 years ago... firstly aim for its dividen since that time have some cash and dont want to save in bank.. now just wonder how far FPI can go.. another KESM?

amet2017

3,150 posts

Posted by amet2017 > 2019-07-18 20:50 | Report Abuse

Will go down somemore.

Mike Lee

13 posts

Posted by Mike Lee > 2019-07-20 09:12 | Report Abuse

I'm accumulating

Lioncity

293 posts

Posted by Lioncity > 2019-07-24 17:03 | Report Abuse

1.71 considered a safe entry price judging from recent pattern.

wakarimas

1,043 posts

Posted by wakarimas > 2019-07-26 18:08 | Report Abuse

the price stagnant and FPI sleep mode is on. How is the prospect for the coming few quarters?

Posted by Angel of KLSE 大马股仙 > 2019-08-06 08:27 | Report Abuse

The coming result must be good, judging from its graph pattern, seng aaahhh!!!

Posted by No right Nor wrong Only to Win > 2019-08-22 19:37 | Report Abuse

Nice counter

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