Posted by cwc1981 > 2021-09-13 13:50 | Report Abuse

Jeffson87, thnks for the info on FPC.

Posted by Jeffson87 > 2021-09-13 14:09 | Report Abuse

Welcome Cwc1981. I'm also curious on FPC. Can only assumed it's a director related company. Same name and side by side location at both states. Can't be coincidence.
Just averaged up today, hopefully later rebound haha

Posted by Jeffson87 > 2021-09-13 14:21 | Report Abuse

BTW, the above information from Tan KW is not accurate. PE21 is based on previous FY ending Dec 2020. Current effective PE is only 12/13. Apa la, pakai hantam.....

Posted by cwc1981 > 2021-09-13 14:45 | Report Abuse

Since when PE 21?

Posted by cwc1981 > 2021-09-13 14:45 | Report Abuse

If now ok la. PE 30 I'm also ok. Hahaha

Posted by Jeffson87 > 2021-09-13 14:59 | Report Abuse

U read the above post sharing on TP rm5. Mentioned PE 21...That is based on last full FY of EPS 21cent. Thus PE20 u get rm4. 2..
Current 2QR EPS already 17.7. Assuming average EPS of 8/QR, we will get 17.7 + 8 + 8 = 33.7. At PE10 it's rm3. 37, PE15 Rm5 and PE20 Rm6. 7...Thus current effective PE is only around 12/13..More upside in fact

Posted by SamOscar > 2021-09-13 22:53 | Report Abuse

i bought 4-32

Posted by gohkimhock > 2021-09-14 11:23 | Report Abuse

accumulate on weakness. Uptrend is intact..

Posted by Powerplay666 > 2021-09-14 12:48 | Report Abuse

Super sale now at this price. Re accumulate.

Posted by cwc1981 > 2021-09-14 15:48 | Report Abuse

Red sea

Posted by danielong1982 > 2021-09-14 16:48 | Report Abuse

top up when low. i bought back at 2.5-2.7 after drop from peak 3.3 if not mistaken.

Posted by cwc1981 > 2021-09-14 20:16 | Report Abuse

Drop because of profit taking or because of the interest exemption from moratorium?

Posted by localmotive > 2021-09-14 21:42 | Report Abuse

sudden drop, buying opportunity

Posted by Jeffson87 > 2021-09-15 10:19 | Report Abuse

Dropped due to few reasons I suspected:
1. RSI 90. Now dropped to 50+ (profit taking)
2. Min Yuan buy call.. People lari
3. Government looking at windfall tax (investors sceptical)

Let it cool down a while before continue the long journey. Cheers

Posted by cwc1981 > 2021-09-15 10:20 | Report Abuse

Thnks Jeffson87

Posted by mokafibifuza > 2021-09-15 10:53 | Report Abuse

cool... thanks

Posted by Powerplay666 > 2021-09-15 17:46 | Report Abuse

Average up more at 3.99. Hoping for the engine to start again on Friday!

Posted by VenFx > 2021-09-16 21:40 | Report Abuse

Strong play

Posted by cwc1981 > 2021-09-17 12:57 | Report Abuse

Lost steam

Posted by Moolala > 2021-09-17 13:42 | Report Abuse

lots of small fishes selling

Posted by cwc1981 > 2021-09-17 13:50 | Report Abuse

Small fishes can't wait?

Posted by Jeffson87 > 2021-09-17 15:10 | Report Abuse

Market sentiment not good. I just close my eyes and ears. Long term investment. Nothing happened to the fundamental of the company. Its good to flush out weak holders. Waiting for next QR. Cheers

Posted by cwc1981 > 2021-09-17 15:43 | Report Abuse

Yup Jeffson87. Any news pls update ye

Posted by Jeffson87 > 2021-09-17 15:45 | Report Abuse

I just topup abit. Average up again. Haha. I'm long in FPI. Cheers

Posted by cwc1981 > 2021-09-17 16:08 | Report Abuse

Wait for next quarter result

Posted by 4086 > 2021-09-17 16:12 | Report Abuse

next quarter result is confirm not good due to MCO no operation.

Posted by danielong1982 > 2021-09-17 16:24 | Report Abuse

Q3 closed for 1 week only. relax

Posted by cwc1981 > 2021-09-17 16:45 | Report Abuse

Maybe got some contribution from dispose of subsidiary in UK on 1st July

Posted by Jeffson87 > 2021-09-17 16:48 | Report Abuse

Yes. Closed from 3rd to 9th July only. Q3 is usually the strongest. Q1 20m. Q2 23m. Assuming no growth for Q3 and Q4, we are conservatively looking at 80mil full year. Which returned EPS of 32cent. PE 10 already worth rm3.2. EMS PE is around 18-20. 65% dividend payout, we are looking at 20cent. Your decision.

Posted by cwc1981 > 2021-09-17 19:33 | Report Abuse

Yup Jeff. Been taking dividend for so many years

Posted by YC88 > 2021-09-20 10:37 | Report Abuse

coming back, hold tight

Posted by Sardin > 2021-09-22 11:40 | Report Abuse

Hi Guys, would you be able to name top 3 customers of FPI by revenue? Let me start first. No. 3 is Wistron.

Posted by Jeffson87 > 2021-09-22 17:52 | Report Abuse

Sardin..do you have the info? I guessed among the clients will be Meizu, kenwood, Bose, Sony, jbl and American acoustic. I might be wrong. Wistron seems to contributed approx 25-30% of revenue. Enjoy the price uptrend =)

Posted by Jeffson87 > 2021-09-22 19:55 | Report Abuse

Typo on American acoustic. Should be acoustic energy. Not forgetting sonos and probably Roland as part of the client base.

Posted by Sardin > 2021-09-23 10:04 | Report Abuse

Hi Jeffson, I'm not sure who's #1 and 2. But I'm very sure Wistron is #3, by analysing a few figures in the quarter report. And I guess Roland and Sonos could be #1 or 2. Both 3 customers experience tremendous growth in revenue y-o-y especially Roland and Sonos revenue grew more than 50%. However, these companies sell not only speakers.

Posted by troy88 > 2021-09-23 10:34 | Report Abuse

Coming back!

Posted by Jeffson87 > 2021-09-23 11:15 | Report Abuse

Personal opinion. Even with recent weeks price uptrend, FPI still didn't get much coverage or buy call neither TP. It is still undervalued stock with massive growth potential. Funds/shark probably accumulate on recent technical weakness and waiting for new high. Now we just need to be patience and wait for next QR. I believed in good company with sustainable earnings. Stock price will eventually reflect its fair value. Cheers

Posted by cwc1981 > 2021-09-23 11:42 | Report Abuse

Should have good earning too in 3rd quarter Jeffson87

Posted by cwc1981 > 2021-09-23 11:43 | Report Abuse

Potential high with one off gained from dispose of subsidiary

Posted by skel27 > 2021-09-23 13:21 | Report Abuse

Sony is FPI client too

Posted by JKing > 2021-09-24 19:19 | Report Abuse

3rd quarter earning for fpi is expected to be minimum 10 cent eps and therefore the revaluation will be rm6. If you have not sell hold on and if you have sold at higher price now it is time to buy back for mid term.

Posted by JKing > 2021-09-24 19:22 | Report Abuse

Klang factory is working on 24x7. Order book is very healthy and crossing over to 1st quarter next year even with full production capacity. New customer is secure but cannot start production due to full capacity. It is a good problem for fpi

Posted by skel27 > 2021-09-24 22:29 | Report Abuse

Where do u get the info on klang factory?

Posted by Moolala > 2021-09-25 12:51 | Report Abuse

Thanks for the info JKing

Posted by donald770 > 2021-09-26 11:32 | Report Abuse

wow!!! Good. @JKING

Posted by JKing > 2021-09-27 13:13 | Report Abuse

@skel27, factory is in port klang, can go and look at it at night

Posted by cwc1981 > 2021-09-28 12:52 | Report Abuse

Anyone here?

Posted by localmotive > 2021-09-28 19:38 | Report Abuse

Why insider is selling? And seeking for consecutive two days? Anyone has a solid good answer?

Posted by blackchicken > 2021-09-28 19:40 | Report Abuse

But not much

Posted by localmotive > 2021-09-28 20:11 | Report Abuse

@blackchicken ... that's true, Mr.Leow only sold 70,000 shares. Hopefully, he won't be selling non stop as that might be a red flag. Thanks for your input