The above post is to say that foreign funds started to become the main buyer in Klse. Previously foreign funds keep selling due to political instability etc.. Which is why blue chip such as banks and tnb started to raise again. Hope it clarify
Uptrend why sell? The share base is only 240m+. Directors didn't even exercise their esos at current price. Anyway no right wrong since there are investors as well as traders. Hope everyone huat
No calls on FPI. I think that the growth has been factored in the share price. The EPS beat wasn't that great. So I am not very bullish on this company.
This forum starting to look like frontken forum 3 years ago, like pasar malam. Those who ignored the noise then would have profited handsomely. I see a similar trend in FPI
My curiosity is the immediate price range now. It has pro n con. It has gone up substantially recently but it has strong fundamental support as regards its ems business n dividend payout. your take? Has it reached its peak?
Current PE around 11. Assuming it's next 2QR maintaining the same bottomline without growth, the PE is only around 8/9. Hold or sell it depends on your own investment criteria.
As fpi will be touching 1b market capital at rm4.05, and that mean bigger fund will not have cap in investing amount. And fund that which to buy fpi will be able to do so. If you would like fpi as a longer term investment in your portfolio , you might want to consider buying now. With 15PE is rm5.10 and 20PE is rm6.60. This PE is in line with EMS sector for stable counter. FPI is grow stock therefore PE should be at high end of the sector.
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sasword
1,169 posts
Posted by sasword > 2021-08-25 16:50 |
Post removed.Why?