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

456,600


8 people like this.

3,124 comment(s). Last comment by ryoyagod 3 weeks ago

coolio

620 posts

Posted by coolio > 2019-12-06 22:11 | Report Abuse

Nice one...strong momentum to go forward

Up_down

4,324 posts

Posted by Up_down > 2019-12-09 10:07 | Report Abuse

All the way to break SMA 200.

LiimInvest

2,267 posts

Posted by LiimInvest > 2019-12-09 17:49 | Report Abuse

Wow 1.68

LiimInvest

2,267 posts

Posted by LiimInvest > 2019-12-09 23:42 | Report Abuse

Tomorrow >1.70

Think

29 posts

Posted by Think > 2019-12-10 09:22 | Report Abuse

In anticipation of 6% dividend in Q1. Normally surged every year Q4, seems like no exception this year.

yyt1

13 posts

Posted by yyt1 > 2019-12-12 08:30 | Report Abuse

Based on i3 shareholder info, pnb sold all fpi shares?

bsngpg

2,842 posts

Posted by bsngpg > 2019-12-12 17:37 | Report Abuse

Average up as accumulating more at 1.65 for another 10 lots.

Up_down

4,324 posts

Posted by Up_down > 2019-12-12 18:10 | Report Abuse

We can only guess that PNB has fully exited FPI based on the volume traded in past 4 weeks. You have to wait for 6 months later to read the AR 2019 to confirm its status.

Think

29 posts

Posted by Think > 2019-12-12 19:13 | Report Abuse

Other investors come in to start accumulating slowly at 1.64 - 1.68. Will go up once enough accumulation. Will trend higher at 1.8x.

bsngpg

2,842 posts

Posted by bsngpg > 2019-12-13 22:37 | Report Abuse

Today, Buy FPI again at 1.66. High confident with it’s eps, Cash level and high dividend.

Larrytrader

1,453 posts

Posted by Larrytrader > 2019-12-14 18:40 | Report Abuse

This company got do wireless earphone ah?Like AirPods one

Posted by PaulNewman > 2019-12-15 16:17 | Report Abuse

PNB has sold out their stake in FPI. Biggest institution holder is currently Hong Leong Asset Management

Larrytrader

1,453 posts

Posted by Larrytrader > 2019-12-15 19:55 | Report Abuse

Can anyone reply me

Think

29 posts

Posted by Think > 2019-12-16 23:26 | Report Abuse

http://www.focusmalaysia.my/Mainstream/formosa-prosonic-expands-production

- Wistron is the major shareholder of FPI and there are a number of collaboration.
- Wistron is also a supplier to Apple and being asked to shift its production out from China.

Will FPI get a fair share of the shift?

https://www.thestar.com.my/business/business-news/2019/06/19/apple-wants-suppliers-to-explore-major-shift-from-china-nikkei

KP_RECT

46 posts

Posted by KP_RECT > 2019-12-17 17:05 | Report Abuse

@Larrytrader they did not mention wireless earphone. but they do wireless speaker

Posted by PaulNewman > 2019-12-17 18:38 | Report Abuse

FPI product portfolio does not include wireless headset yet. They do wireless speakers. Only Salutica does wireless headset I believe

Larrytrader

1,453 posts

Posted by Larrytrader > 2019-12-21 18:12 | Report Abuse

Ok thanks

bsngpg

2,842 posts

Posted by bsngpg > 2019-12-27 21:15 | Report Abuse

Today bought more FPI at 1.61.

Jack888

855 posts

Posted by Jack888 > 2020-01-07 10:11 | Report Abuse

buy more..

LiimInvest

2,267 posts

Posted by LiimInvest > 2020-01-07 23:09 | Report Abuse

Up up up

William Ng

893 posts

Posted by William Ng > 2020-01-08 01:16 | Report Abuse

天哥介绍的肯定升

popo92

578 posts

Posted by popo92 > 2020-01-08 11:42 | Report Abuse

Taiwanese controlled company are usually shareholder oriented, look at their dividend payout wow I am looking forward 10sen or more this year.

Posted by Cockroach Paul Lee > 2020-01-10 00:17 | Report Abuse

Bought in 1.69... long term stock

popo92

578 posts

Posted by popo92 > 2020-01-10 10:14 | Report Abuse

looks like pnb sell down is over, with wistron as strong backup. fpi will keep growing bigger. the only concern will be its margin. i hope they get a fair margin from wistron orders, but definitely not fat like roland.

William Ng

893 posts

Posted by William Ng > 2020-01-10 17:53 | Report Abuse

TP RM2~~~~~~~~~~~
HUAT AR!!!!!!

coolio

620 posts

Posted by coolio > 2020-01-10 23:08 | Report Abuse

more leg to runnnn..goo goo fpi

William Ng

893 posts

Posted by William Ng > 2020-01-11 00:05 | Report Abuse

last time when 天哥 share about magni in august, i fast fast buy and keep it, it proof that what he chosen is good!!!!

This FPI is the second shares that i follow his blog and buy, hope that it will fly up like magni!!!!

Posted by Cockroach Paul Lee > 2020-01-11 23:19 | Report Abuse

Hold tight tight then... Hope FPI can break new high... haha huat ah

uptrending

1,852 posts

Posted by uptrending > 2020-01-17 13:21 | Report Abuse

https://www.marketsandmarkets.com/Market-Reports/smart-speaker-market-44984088.html?gclid=CjwKCAiAsIDxBRAsEiwAV76N8-E2AXxLUztCXjYnx_QQCFFmst1Wi7-QLkLvYolZHZ4nUFq1U426qBoCe3kQAvD_BwE

"The overall smart speaker market is expected to grow from USD 1.57 billion in 2017 to USD 11.79 billion by 2023, at a CAGR of 34.44% from 2018 to 2023."

uptrending

1,852 posts

Posted by uptrending > 2020-01-19 07:45 | Report Abuse

Company in expansion mode ever since Wistron took over the controlling shareholdings in 2014


Capital Expenditure since FY2015

Purchase of property, plant and equipment.
9M2019 - 9. 373M
2018 - 20. 754M
2017 - 23. 049M
2016 - 18. 960M
2015 - 24. 607M

Just joined the train captained by Wistron, a Forbe 2000 company in the past 10 years.

Posted by BOBOINDIAN > 2020-01-22 14:57 | Report Abuse

this share going to reverse trend (profit decline) in 2020

uptrending

1,852 posts

Posted by uptrending > 2020-01-29 05:51 | Report Abuse

The 3rd plant for rent to Roland completed and started production in the 2HFY2020.

Apparently, Roland is moving more manufacturing to Malaysia from China due to the trade war and higher tariffs for products made in China.

Wistron, the major and Controlling shareholders of FPI, is channeling more orders to the Malaysian Plants, both in Port Klang and Sungai Petani, apparently due to FPI is a beneficiary of the US-China Trade War.

The revenues have been growing quarter by quarter and exploding.

Expect full FY2020 EPS =18 cents and dividend, 12 cents as projected by Dr Neoh Soon kean's research house, Dynaquest.

Due to share divestment by PNB, and which should have finished, the share price present cheap entry as it is still depressed due to the sales by PNB earlier and by the profit takers.

Added more..

uptrending

1,852 posts

Posted by uptrending > 2020-01-29 06:03 | Report Abuse

Isaac Newton Quotes
If I have seen further than others, it is by standing upon the shoulders of giants.

FPI is standing on the shoulders of Wistron, a consecutive 10 years (2009-2019) Fortune 2000 company, and qualified Fortune 500 3 times during the same period.

uptrending

1,852 posts

Posted by uptrending > 2020-01-30 08:29 | Report Abuse

Due to the Coronavirus, expect more orders will be diverted to FPI by both Roland and Wistron as both have manufacturing plants in China.

It is not that only gloves companies will see surge in demand, I reckon.

uptrending

1,852 posts

Posted by uptrending > 2020-01-30 14:23 | Report Abuse

FD rate now 3.5%, new funds only..

This Co prospective Dividend Yield >7%..

Sardin

824 posts

Posted by Sardin > 2020-02-01 18:09 | Report Abuse

Hi everybody, do you know which bank offer the lowest interest rate for share margin? Which one do you use and what's the interest rate?

William Ng

893 posts

Posted by William Ng > 2020-02-01 18:34 | Report Abuse

Dont play margin in current market...

lcng123

1,121 posts

Posted by lcng123 > 2020-02-01 22:41 | Report Abuse

KYY is promoting play margin but better don't follow him. You will loss everything if you are not expert in the market.

uptrending

1,852 posts

Posted by uptrending > 2020-02-02 15:12 | Report Abuse

Just hold on with this stock. Don't panic if the price drop more.. Just remember the dividend that would be paid out every year..

The revenues are growing since Wistron took over from FY 2015.

The market could be irrational and at times of panic and catapulation, the price can drop to unreasonable level, especially when there are waves after waves of margin force sellings..

Best is don't use margin financing...

NicholasNWH90

1,114 posts

Posted by NicholasNWH90 > 2020-02-03 21:38 | Report Abuse

Those who bought around 1.52 huat. If RM0.1 dividend per share is announced, 6.58% dividend huat huat.

uptrending

1,852 posts

Posted by uptrending > 2020-02-03 22:32 | Report Abuse

12 cent dividend is possible as projected by Dynaquest Sbn Bhd research team,they also projected 18 EPS for FY 2019.

Dynaquest is owned by Malaysian Investment Guru, Dr Neoh Soon Kean.

uptrending

1,852 posts

Posted by uptrending > 2020-02-04 07:09 | Report Abuse

Inventec, Wistron land new orders for smart speakers
Aaron Lee, Taipei; Joseph Tsai, DIGITIMES Friday 10 January 2020 0 Toggle Dropdown
Inventec has obtained orders for smart speakers from Google, with shipments set to kick off later in 2020, while Wistron has landed its first orders for smart speakers, according to industry sources.

hng33

20,308 posts

Posted by hng33 > 2020-02-05 16:37 | Report Abuse

bought FPI at 1.58

hng33

20,308 posts

Posted by hng33 > 2020-02-06 10:45 | Report Abuse

Wistron, major shareholder for FPI have now a key supplier component to Apple. More order will derive up FPI sale, higher EPS, Higher dividend (12sen) is expected

https://www.thestar.com.my/tech/tech-news/2020/02/03/apple-supplier-wistron-to-assemble-key-iphone-component-in-new-india-plant-sources-say

newages00

641 posts

Posted by newages00 > 2020-02-06 12:57 | Report Abuse

@hng33 how FPI beneficial from wistron and apple. Could u teach me?

hng33

20,308 posts

Posted by hng33 > 2020-02-06 17:46 | Report Abuse

thanks newages00, the NEW corporation between Apple and Wistron is good enough for FPI as many apple electronic gadget need audio component which is FPI Key product.

Wistron will assembly Apple iphone in Indian, it likely get internal audio component supplier from FPI

uptrending

1,852 posts

Posted by uptrending > 2020-02-07 09:14 | Report Abuse

High Dividend stock.

12 cent dividend is possible.
Dividend Yield @1.60 would be 7.5% against Bank FD @3.25 %

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