FPI hold acoustech 27.09%. Based on total issung share acoustech 88910700, FPI hold about 24m share, if 20sen div distribute, FPI can gain additional 4.807m dividend income
if based on anual report 2012, acoustech account , earn 18.56m, div 4 sen, price before rise 71sen, earning per share 16sen, PE ratio low as 4.44 time, div yield 6% even at price 86 sen today, div yield still good at 5sen. Special div 20sen mean F/Y2013 result shd be very good. Reserve at F/Y2012 ,60m +. mean the company can give shareholder 1 for 2 bonus share. Another hidden gem.
Additional div gain fr its sub acoustech of rm4.807 will translate as additional 4 sen fr existing FPI paid up 123m
Sephi.. look at this. Many here barking at the wrong tree? I dont own any fpi or acoustic shares.
addylee also commented on "Stock: [DSONIC]: DATASONIC GROUP BERHAD":
The Board of Directors of Datasonic wishes to announce that Datasonic has on 9 April 2014, entered into a Share Sale Agreement with Formosa Prosonic Industries Berhad (Company No. 172312-K) for the acquisition of 24,861,790 ordinary shares of RM1.00 each, representing 99.45% of the equity interest in Asia Pacific Card & System Sdn Bhd (Company No. 418808-K) together with its wholly-owned subsidiary, Constant Ahead Sdn Bhd (Company No. 656294-M) for a total cash consideration of Ringgit Malaysia Twenty One Million Eight Hundred Seventy Eight Thousand Three Hundred Seventy Five and Twenty Sen Only (RM21,878,375.20).
This is for long term investor...i have mostly exited..made some money but no patience to wait.The entry of the new majority shareholder Winstron will bode well for FPI in the future ....fyi, Datasonic bought over FPI subsidiary, not FPI.
sephiroth, seem like the TP 1.00 also become a problem now, right? FPI doing so bad this quarter, sad :( I think 2014 is not a good year for the company...
biz slowing that is why selling to Dsonic, they are not expert in this area. Selling and focus on their core competence is a good step. Save future cost and expand on existing streght. New top Tsiwan holders help a lot too. Buy and hold 1-2 years should see good results
This stock will be the next inari and globetronics. They are currently streamlining their business . Disposing non core assets and also getting a huge chunk of cash from acostech. Cash rich, low pe, high growth . This stock will be very exciting in the coming months . Better buy while it is still cheap
No... The 2013 dividend was already paid out... I think the share price not that bad today...just drop 2 cents... let's see what will be happen on tomorrow? :)
morning drop was because of dumb retailers selling, they thought that 1st Q result was bad but in actual fact, it is really not that bad. i managed to pick some up this morning when price was depressed. those people who sold will be very pissed soon. lol
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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....
sephiroth
14,145 posts
Posted by sephiroth > 2014-04-08 12:26 | Report Abuse
90.5 liau