FORMOSA PROSONIC INDUSTRIES

KLSE (MYR): FPI (9172)

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Last Price

2.77

Today's Change

+0.01 (0.36%)

Day's Change

2.76 - 2.78

Trading Volume

205,800


8 people like this.

3,132 comment(s). Last comment by carilembu 1 day ago

newages00

641 posts

Posted by newages00 > 2020-02-07 11:56 | Report Abuse

apple share price in all time high https://www.marketwatch.com/investing/stock/aapl
why this stock doesnt move?

kimmy37

1 posts

Posted by kimmy37 > 2020-02-07 12:56 | Report Abuse

hi, when will be QR release date for FPI ?

kenken85

724 posts

Posted by kenken85 > 2020-02-08 12:39 | Report Abuse

just rough counted, since last PNB disposal that we can see on 19/11/19. It still have another roughly 11,000,000 share to throw if they wan to dispose completely. So expect the price to depress slightly longer. Once the share is fully disposed. I believe that the time. Share Holding by PNB at 30/3/2018- 39,457,000 . 20/3/2019-18,218,700... cheers. patience will paid off soon.

hng33

20,463 posts

Posted by hng33 > 2020-02-12 10:57 | Report Abuse

Add more FPI at 1.61

hng33

20,463 posts

Posted by hng33 > 2020-02-12 11:19 | Report Abuse

FPI through major shareholder, Wistron, indirectly link to Apple 5G product. FPI wireless audio component will be part of key supplier for Wistron to assembly iphone in India.

Therefore, FPI will become part of the iphone global supply chain.

FPI is LAST tech stock laggard behind. It will marked up FAST very soon. Technically, FPI share on track recovery, once resistance at 1.65 breakout, stock will resume UPTREND, heading to next level RM 1.80.

Upcoming Q4 result is dividend declaration date too. Expect FPI to deliver higher Q4 profit in view of success in expansion. With net cash position, FPI afford to opt to payout most of profit as dividend. Based on 70% payout, expected dividend is 12 sen, give rise to yield 7.5%

Jack888

865 posts

Posted by Jack888 > 2020-02-12 15:12 | Report Abuse

12 cents dividend ??

newages00

641 posts

Posted by newages00 > 2020-02-12 15:15 | Report Abuse

look at the sell volume little till...
only need buy 500 share to push it to 1.70
which is less than RM100k

Posted by PaulNewman > 2020-02-12 15:17 | Report Abuse

The interruption in China supply chain might benefit Malaysian EMS companies. PIE has gone up. FPI will be recognized as well.

hng33

20,463 posts

Posted by hng33 > 2020-02-12 17:00 | Report Abuse

With breakout above RM 1.65, FPI share price is clear now, UPTREND ahead of Q4 result + dividend declaration

uptrending

1,852 posts

Posted by uptrending > 2020-02-12 17:07 | Report Abuse

12 cent dividend is possible as projected by Dynaquest Sbn Bhd research team. I am their subscriber.

They also projected 18 cent EPS for FY 2019.

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

uptrending

1,852 posts

Posted by uptrending > 2020-02-12 17:33 | Report Abuse

PNB highly likely sold out their 12.4925 million shares as of 18th Nov 2019. They likely sold out their balance holdings by Dec 30th, 2019 to book in profits for the FY2019, to declare dividend from their profits to the unit holders.

Total volume transacted in the market from 19th Nov 2019 to 30th Dec 2019 was 30.806 millions which was enough to absorb PNB's holdings of 12.49 million.

Total volume transacted this year since 2nd Jan is 19.672 millions.

Total volume transacted in the market since 19th Nov already exceeded 50 millions.

PNB must have sold out.

It is a matter of time the share price will be rerated upward.

uptrending

1,852 posts

Posted by uptrending > 2020-02-12 17:37 | Report Abuse

Dividend 12 cents per share yields a return of 6% @2.00

Bank Negara Governor today said that there is ample room for interest rate to come down as the GDP for 2019 only registered a growth of 4.3%, lowest in the last 10 years.

kenken85

724 posts

Posted by kenken85 > 2020-02-12 18:56 | Report Abuse

uptrending bro.. is dynaquest good? provide good info?

uptrending

1,852 posts

Posted by uptrending > 2020-02-12 19:27 | Report Abuse

A lot of data..very good for reference.
Very good. No recommendations for buy or sell.

kenken85

724 posts

Posted by kenken85 > 2020-02-12 19:38 | Report Abuse

how frequently is the data uploaded. if I pay 500 n nothing change in information like not worth.

uptrending

1,852 posts

Posted by uptrending > 2020-02-12 20:18 | Report Abuse

Every quarterly review after QR

Posted by PaulNewman > 2020-02-12 20:21 | Report Abuse

Hi uptrending. Mind to share snippets of the report related to FPI prospect?

uptrending

1,852 posts

Posted by uptrending > 2020-02-12 20:35 | Report Abuse

INTERIM 9M2019 RESULTS

The continued weakness in the Ringgit has proved to be quite beneficial to FPI, with 9M19 revenue increasing by 43.6% y-o-y to RM590.9 m. As a result, PBT and EPS increased to RM42.1 m and 13.24 sen respectively. This represents a y-o-y increase of 14.0% and 7.8%, respectively.

The Group's financial position remains strong with net cash of RM152.4 m or RM0.62 per share.

We are upgrading our FY19 EPS forecast again to 18.0 sen.

*LAST UPDATED:
[18.11.2019] 9M19 updated

uptrending

1,852 posts

Posted by uptrending > 2020-02-12 20:38 | Report Abuse

Adj Prosp EPS (Sen) Adj DPS (Sen)
18.00
Adj Prosp PER Prosp DY (%) 8.89
FYE DEC 18 MSEB Sector Consumer Products & Services
DQ Rating 5.0
Price Info
Latest PX as at 11.02.2020(RM) 1.60
Latest 12 Months PX Range (RM) 1.48 - 1.86
Adj 5 Years PX Range (RM) 0.70 - 2.07
MKT CAP (RM'000) 395,773
Earnings Info
Adj EPS (Sen) - 5 Yr Avg 9.20
Adj EPS (Sen) - Prev FY 16.64
Adj EPS (Sen) - Latest FY 14.81
Adj EPS (Sen) - Prosp FY 18.00
Dividend Info
Adj DPS (Sen) - 5 Yr Avg 8.60
Adj DPS (Sen) - 2019 12.00
Adj DPS (Sen) - 2020
Market Valuation
Adj MR PER - 5 Yr Avg 10.71
Adj PER - 5 Yr Range 4.99 - 18.98
Adj PER - Latest 10.80
Adj PER - Prosp 8.89
Adj DY (%) - 5 Yr Avg 6.66
Adj DY (%) - 5 Yr Range 4.49 - 9.64
Latest DY (%) on 19 DPS 7.50

hng33

20,463 posts

Posted by hng33 > 2020-02-14 15:46 | Report Abuse

add FPI at 1.64, awaiting now for FPI deliver Q4 result + dividend next week.

Posted by warrior_gila97 > 2020-02-15 11:58 | Report Abuse

love this undervalue shares .. tp 2.5

uptrending

1,852 posts

Posted by uptrending > 2020-02-18 09:38 | Report Abuse

Present value of Dividend Income model is RM2. 78

Data and assumptions
Price $1.66
Initial dividend, D0 sen 0.100
Next year dividend, sen 0.110
Dividend growth next 10 years, G 10%
Terminal growth. G 3%
Discount rate, r 9.3%
Valuation
Year, t 0 1 2 3 4 5 6 7 8 9 10 11
Future dividend, Df=D0*(1+G)^t 0.100 0.110 0.121 0.133 0.146 0.161 0.177 0.195 0.214 0.236 0.259 0.267
Discount factor, DF=1/(1+r)^t 0.915 0.837 0.766 0.701 0.641 0.587 0.537 0.491 0.449 0.411
PV of annual dividend at Supernormal growth=Df*DF 0.101 0.101 0.102 0.103 0.103 0.104 0.105 0.105 0.106 0.107
Sum of PV of annual dividend at supernormal growth, PVSG 1.036
TV of dividend at year TV10= D10*(1+g)/(r-g) 4.241 4.24
PV of TV10, TVPV=TV10/(1+r)^10 1.743 Price, P
Intrinsic value, IV=PVSG+TVPV 2.78 > $1.66 by 67.4%
MOS=(IV-P)/IV 40%

kenken85

724 posts

Posted by kenken85 > 2020-02-18 19:29 | Report Abuse

this is the latest update?? let's pray a good result n div

hng33

20,463 posts

Posted by hng33 > 2020-02-19 09:47 | Report Abuse

Courting down time for Q4 result + dividend by end of these week.

Rex Ang

62 posts

Posted by Rex Ang > 2020-02-19 13:35 | Report Abuse

tutup mata..2.00

coolio

620 posts

Posted by coolio > 2020-02-19 21:50 | Report Abuse

Slow and steady..hehe

Posted by Richard Wong > 2020-02-20 10:37 | Report Abuse

Fpi Q4 result double, will break RM2 very soon

vcinvestor

403 posts

Posted by vcinvestor > 2020-02-20 10:53 | Report Abuse

I think we need to temper our expectations of FPI's 4Q result.

Historically, (FY18, FY17, FY16) the 3rd quarter has always been FPI's best reporting quarter so it is quite unlikely to show q-o-q growth and furthermore, FPI has been experiencing contraction in its gross margins for FY19 (YTD gross margin is 10.2% vs. 12.7% in 9M18).

While I do hope for a solid 4Q result and dividend, let's not get ahead of ourselves.

Posted by Richard Wong > 2020-02-20 11:37 | Report Abuse

hi vcinvestor, fpi going up soon before and after quarter result

Posted by Richard Wong > 2020-02-20 11:46 | Report Abuse

fpi 1.75 got big big sapu habis 300,000shares

Posted by Richard Wong > 2020-02-20 11:51 | Report Abuse

fpi go go go 1.77 now

idunwork

431 posts

Posted by idunwork > 2020-02-20 12:05 | Report Abuse

Can sense something good is coming

Posted by PaulNewman > 2020-02-20 12:22 | Report Abuse

FPI getting the recognition they deserve. With China factories going offline, FPI might get more orders?

uptrending

1,852 posts

Posted by uptrending > 2020-02-20 13:11 | Report Abuse

Richard Wong Fpi Q4 result double, will break RM2 very soon
20/02/2020 10:37 AM

How Sure?

uptrending

1,852 posts

Posted by uptrending > 2020-02-20 13:15 | Report Abuse

Dec18 4 148,983 8,179 6,270 2.50 Malaysia Stock - KLSE Quarter Report History


4Q19 double means 5 cents per share

uptrending

1,852 posts

Posted by uptrending > 2020-02-20 13:17 | Report Abuse

Full year would be 18.2 cent then.. as projected by an investment guru, 18 cent..

Projected Dividend 12 cent? :)

Posted by OneSmallStep > 2020-02-20 18:00 | Report Abuse

11 cents dividend.... Very happy...

uptrending

1,852 posts

Posted by uptrending > 2020-02-20 18:07 | Report Abuse

@1.76
11 cent dividend yields 6.25 %

Where to find?
EPF also can't afford to pay the contributors 6%..

lcng123

1,126 posts

Posted by lcng123 > 2020-02-20 18:08 | Report Abuse

19Q4 result : YoY +43.68% QoQ -43.29%

zhangliang

728 posts

Posted by zhangliang > 2020-02-20 18:08 | Report Abuse

agree 100%

uptrending

1,852 posts

Posted by uptrending > 2020-02-20 18:30 | Report Abuse

There is seasonality in this business. Only compare YoY and not QoQ

Annual EPS
FY 18.... 14.8 cent
FY 19.....16.9 cent
Growth in EPS, 14.2%

Dividend
FY 18, 10 cent
FY 19, 11 cent
Growth in Dividend, 10%

:)

Posted by PaulNewman > 2020-02-20 18:35 | Report Abuse

Great result!

Posted by PaulNewman > 2020-02-20 18:40 | Report Abuse

45% of the market cap of RM 200m is cash. The board should announce a special dividend or a share buy back if they have no good use of the extra cash.

uptrending

1,852 posts

Posted by uptrending > 2020-02-20 18:50 | Report Abuse

The company likes to hoard CASH as one of their INVENTORIES. :)

and they pay good dividends

wakarimas

1,043 posts

Posted by wakarimas > 2020-02-20 19:06 | Report Abuse

result drop so much.... has come to the end of growing......Gone

Posted by no buy no feel > 2020-02-20 20:53 | Report Abuse

highest dividend ever good good nice nice

Posted by PotentialGhost > 2020-02-20 21:33 | Report Abuse

Excellent 11cts dividends

Jarklp

175 posts

Posted by Jarklp > 2020-02-20 21:43 | Report Abuse

wow, operating cash flows increase more than RM55m in Q4. Good quarter, good dividend.

coolio

620 posts

Posted by coolio > 2020-02-20 22:29 | Report Abuse

Gap up tomorrow

uptrending

1,852 posts

Posted by uptrending > 2020-02-21 00:10 | Report Abuse

Zero Debt
Holding rm200 million cash
Cash per share, 80 cents..

OMG

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