Key take away point 1) actively in discussion with Wistron to have a vertical integration operation in the NEAR future. Mentioned twice in the agm 2) suppose result is super good for quarter 2 however due to fmco , some impact is expected. However very healthy order book for 2021. 3) secure new customer but cannot move on due to fmco 4) sonos is Wistron customer therefore not appropriate for FPI to comment. 5) in plan to reduce labour via machinery and automation, show some success with year 2020 sale is same with 2019 but no. If employee drop. 6) working on to provide manufacturing for earphone or headphone product. 7) some challenges in supply chain during fmco but still about to fulfill customer and market demand.
April and May 2 cent eps each, base on first quarter volume even MD mentioned was better compare with 1st qtr. June 1 cent due to FMCO 60% capacity. 1-2 cent forex gain as USD strength in 2nd qtr. this level of earning will support fpi at rm3.50.
Today fpi make a good move. Buyer loss patient as seller is limited therefore buyer will have to push the price to be able to accumulate more. A good indication and sign that buyer are rushing in to get a sizeable share on fpi
Fpi not involve in automotive. Margin is low and not an easy sector to compete in. Anyway fpi is close to 100% capacity, so fpi has the benefit to choose for high margin product and customer
I was thinking if Bose is one of the major clients, possible for FPI to produce oem car speaker for them. In terms of customer selection, I believe FPI is some sort like Greatech whereby concentrated over 3 major clients.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
brian3381
1,888 posts
Posted by brian3381 > 2021-06-27 10:20 | Report Abuse
If u bought 150. Drop to 0.01sen. Means u toh sui lat loh. Stil need to argue? Haha