FPI total shares only 240mil++. If majority investors hold their tickets, chances are the price will continue to rise as we anticipate better QR for Q3 Q4. Cheers
Don't not sell to early for a quick profit and forgo the opportunity. With a forward EPS of 33 cent and a reasonable PE of 15 time ( low end PE for EMS/tech stock ) the fair value for fpi is rm5. If the grow continue in the next few quarter, the valuation will be revised upward. Be patient and a company do not grow or expand instantly but as long as the grow plan is intact, the future outlook is great. It is my advise after detail analysis into fpi future business plan for expansion and the drive of US trade war has accelerated the grow. Fpi is one of the few audio manufacturer in the region and all electrical equipment need sound system.
D&O is also averaging 200mil revenue with 20mil profit per QR for now. But D&O does not pay decent dividend as FPI haha.. Both have good future prospects though. Cheers
I'm holding for multi years. Not short or mid term. Unless speaker/sound system is not needed in this world anymore haha.. Its a very solid and bright prospect company. Decent CAGR too..
@troy88 Agree. The audio industry is growing at a good rate as people are now more into quality entertainment. Strong customers backing and dividend is amazing..
It's all about the hype and coverage. Sometimes low profile stock is better for long term investment. As long as investors knew what they are buying and the prospect of the company, any short term price movement is negligible
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....
Jeffson87
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Posted by Jeffson87 > 2021-08-24 16:22 | Report Abuse
FPI total shares only 240mil++. If majority investors hold their tickets, chances are the price will continue to rise as we anticipate better QR for Q3 Q4. Cheers