Posted by JKing > 2022-01-31 17:05 | Report Abuse

The related party transaction that wistron have with fpi for supplying speaker is actually a customer of fpi. It is fpi that get the contract however as it is an ODM there is a part that fpi do not have and it will require to have a heavy CAPEX on machinery if fpi would to do it itself.
In regard to this, fpi has asked wistron to provide the part of which wistron has the machinery and was producing for other customer in China.
To get the contract and to minimise the working capital, fpi offer wistron to sign the contract with the customer while wistron at as a main ODM.

If you analysis the detail you will notice that the supply of wistron part to fpi is lower than the work delivery by fpi as finish product.

Hope my sharing clear the doubt of the matter since so many is interested in the fact while some are providing own self opinion to the public.

Posted by JKing > 2022-01-31 17:13 | Report Abuse

Fpi has been discussing with wistron for a vertical integration production. As wistron is an OEM, she is not interested in the manual or lower margin finishing step of the product, therefore fpi fit into this category. It is yet to see if this deal will come through and perhaps we will know in the near future once Wistron digested its expansion capability on the PJ factory. If this happen, it is a major grow catalyst for fpi on top of its own business grow now.

Posted by donald770 > 2022-01-31 19:40 | Report Abuse

Thanks to JKing for such important information.

Posted by blackchicken > 2022-02-07 07:17 | Report Abuse

Bitcoin Climbs Back Above $40,000 as Risk Appetite Returns

https://www.bloomberg.com/news/articles/2022-02-04/bitcoin-ether-advance-as-amazon-results-buoy-technology-stocks

Posted by cwc1981 > 2022-02-07 15:08 | Report Abuse

Mmm financial Year End Result coming. Still dropping?

Posted by blackchicken > 2022-02-10 06:27 | Report Abuse

Nasdaq was up 2.08％ yesterday.,

Posted by Sardin > 2022-02-12 19:47 | Report Abuse

I'm expecting minimum 10 sen EPS for 2021 Q4

Posted by cwc1981 > 2022-02-14 11:29 | Report Abuse

Hope full year earning can reach 40 cents

Posted by danielong1982 > 2022-02-15 15:41 | Report Abuse

Quarter result out soon? spike today with volume

Posted by goldeneye > 2022-02-15 15:44 | Report Abuse

Expecting good result.

Posted by Moolala > 2022-02-15 15:47 | Report Abuse

The Return Of The King!

Posted by cwc1981 > 2022-02-15 15:49 | Report Abuse

Can reach 5 next week?

Posted by Kalvin9663 > 2022-02-15 16:36 | Report Abuse

what happen??

Posted by cwc1981 > 2022-02-15 17:18 | Report Abuse

Good dividend xoming

Posted by investortrader88 > 2022-02-16 06:56 | Report Abuse

Fpi still very strong compare with all the tech stocks.

Posted by saatjw > 2022-02-16 09:11 | Report Abuse

Today break 4!

Posted by pputeh > 2022-02-16 09:33 | Report Abuse

Hoovering round this price 3.92/93. Expect it to break 4 when results & div announced soon

Posted by cwc1981 > 2022-02-16 16:19 | Report Abuse

Seems like today slow walk

Posted by kongfeifan86 > 2022-02-16 17:17 | Report Abuse

everyday fast then no need work lo

Posted by Sardin > 2022-02-17 12:41 | Report Abuse

Is FPI supplying anything to Flextronics Systems Penang?

Posted by saatjw > 2022-02-21 15:27 | Report Abuse

Being press down to collect

Posted by CharlesT > 2022-02-22 14:40 | Report Abuse

Coming Div 0.20+??

Posted by CharlesT > 2022-02-23 11:30 | Report Abuse

TA looks good, FA looks great, Div looks good...Everything looks good

Why still trade at RM3.70+ leh?

What's the catch?

Posted by treasurehunt > 2022-02-23 12:02 | Report Abuse

FPI is an OEM manufacturer... same gang with Uchitec & Panamy.

Posted by blackchicken > 2022-02-23 23:14 | Report Abuse

https://financialpost.com/pmn/business-pmn/china-shares-rise-as-inflows-recover-semiconductors-new-energy-stocks-jump

Posted by Desmond_of_KLSE > 2022-02-24 12:01 | Report Abuse

i am so scared.....suddenly drop so much....i am scared......LOL

Posted by Moolala > 2022-02-24 17:29 | Report Abuse

Fantastic results! 20c div!

Posted by CharlesT > 2022-02-24 17:34 | Report Abuse

Record high Q profit...

Div 0.20 not bad...thought can be better...lol

Posted by amateurJR > 2022-02-24 17:37 | Report Abuse

very good stock.

Posted by Sardin > 2022-02-24 17:50 | Report Abuse

Very happy

Posted by cwc1981 > 2022-02-24 17:53 | Report Abuse

Superb

Posted by amateurJR > 2022-02-24 17:57 | Report Abuse

This kind of stock supposed to be KYY preference leh

Posted by blackchicken > 2022-02-24 18:42 | Report Abuse

superb QR results

Posted by donald770 > 2022-02-24 19:57 | Report Abuse

Good!!! Keep up.

Posted by saatjw > 2022-02-24 20:21 | Report Abuse

Profit doubled up.

Posted by saatjw > 2022-02-24 20:23 | Report Abuse

It will try to break 4 for another time

Posted by Sardin > 2022-02-25 10:20 | Report Abuse

Relatively quiet...

Posted by cwc1981 > 2022-02-25 10:23 | Report Abuse

Afraid of Russia

Posted by Sardin > 2022-02-25 10:26 | Report Abuse

Look at the white candle sticks before quarter report out, probably that explains why the price does not move as strong and fast today.

Posted by amateurJR > 2022-02-25 16:48 | Report Abuse

See how is closing only decide to buy or not

Posted by Sardin > 2022-02-25 17:06 | Report Abuse

Deduct the 20 sen to be received soon, if you buy at 3.81 it is like buying at 3.61 post dividend. Would you pay something that gives 20 sen div per year, annual EPS close to 40 sen with aggressive growth and net cash of above 80 sen per share (minus the 20 sen div) for 3.61? Maybe it is the most value for money of EMS stock in Malaysia at the moment.

Posted by donald770 > 2022-02-25 20:05 | Report Abuse

Agreed.

Posted by amateurJR > 2022-03-01 14:20 | Report Abuse

No power. wait for further weakness only buy

Posted by cwc1981 > 2022-03-02 16:22 | Report Abuse

Mmm where go all the sifus?

Posted by amateurJR > 2022-03-02 16:35 | Report Abuse

got sifu promote this meh?

Posted by Thirai Thiraviam > 2022-03-04 11:08 | Report Abuse

@sardin - any idea where FPI?s revenue growth is coming from? What is it an OEM for?

Posted by Sardin > 2022-03-04 12:42 | Report Abuse

@Thirai Thiraviam, I think resent sell down of FPI is due to market's over worry about the spilt effect of this news: https://focusmalaysia.my/andy-hall-severing-ties-with-vs-industry-for-backtracking-on-its-promises/

Posted by Sardin > 2022-03-04 12:46 | Report Abuse

FPI is OEM / ODM for Sony, Bose (not sure about present), Kenwood etc. I'm not sure who are the top 3 customers of FPI but I believe they are Sony, Roland and Sonos (through Wistron). Is that possible for you to get some verification from other sources?

Posted by Sardin > 2022-03-04 12:47 | Report Abuse

In the quarter report and annual report, you can see related party transaction with Wistron.

Posted by cwc1981 > 2022-03-04 14:24 | Report Abuse

Again get dragged by.....