Posted by winston1 > 2024-01-30 22:42 | Report Abuse

Should announce good dividend next month

Posted by WellnessAntiCancer > 2024-02-02 13:41 | Report Abuse

Waiting for Qtr 12/23 Report.

Even if it is tepid like 4mil profits, giving a year’s EPS of 35sen, the company can still pay 21 sen dividend translating to 7.1% at share price RM2.96.

Load up before the market realises it.

Just like Amway, when Div yield is expected to be 7.4% at share price RM5.25, it shot up to RM6.90, 32% rise with dividends 7.4% total 42% gains in less than three months.

Posted by WellnessAntiCancer > 2024-02-02 13:42 | Report Abuse

FPI is financially strong with cash reserves RM362mil for a market cap of RM781mil

Strong orders coming from the ACER Group Taiwan and USA orders.

Posted by WellnessAntiCancer > 2024-02-02 13:48 | Report Abuse

FPI is investing in IOT for speakers, the next generation of craze.

Disclosure: I own FPI, INsas & INsas WC amongst other portfolio. May continue to buy in the next 72 trading hours.

Posted by Dakewlest > 2024-02-04 12:42 | Report Abuse

Wellness, what is your average buying price for FPI?

Posted by hhhiii123 > 2024-02-04 14:31 | Report Abuse

feel like next qr very strong, need special dividend, wakaka

Posted by WellnessAntiCancer > 2024-02-04 22:16 | Report Abuse

High likelihood of >7% dividends. Even if not, why worry, the Balance sheet is rock solid with cash RM362million. I am amazed by their Speakers technology saleability as they have large orders. I read somewhere they are also OEM for Sony which is a surprised as Sony is known to guard their in-house production. I may not be right here.

But you cannot go wrong with such technology and Financial solid ground. ROCK solid.

ON purchase price, I wish to keep it confidential.

But our purpose is same, prosper thy neighbour and let all of us laugh all the way to the bank.

Posted by DividendGuy67 > 2024-02-13 09:39 | Report Abuse

This nice and solid stock edges up, enough to make my portfolio to hit new all time high again! Changed my mind - originally intending to take some profits near RM3 resistance, but along the way when it was 2.8 to 2.87, I added a little bit to raise my average cost from 2.5x to 2.62. This nice counter is in my Top 20% buy size.

My current outlook is to expect 23 sen dividend (say 21-25 sen), assuming 60% dividend payout ratio. At 3.02, this is 7.6% dividend yield which is nice and solid. No plans to take profits yet.

Posted by CharlesT > 2024-02-13 09:52 | Report Abuse

Finally stand above Rm3.00, a small angpao (10% to 15%) is good also

Posted by DividendGuy67 > 2024-02-13 17:30 | Report Abuse

Nice close at 3.05. With higher volume too. Thanks to FPI and another 22 other stocks, my portfolio hit new all time high again today.

Next stop is RM3.45 to close the big opening gap fill a year ago.

Posted by ckwee168 > 2024-02-15 12:26 | Report Abuse

Does FPI involve or produce audio recognition technology apart from its speaker sound system?

Posted by Dakewlest > 2024-02-19 20:31 | Report Abuse

Any prediction for the coming dividend. I hope it will increase! Bukan jatuh.

Posted by stockraider > 2024-02-20 09:37 | Report Abuse

My tukang tilik says div 21 sen coming loh!

Posted by Dakewlest > 2024-02-20 20:54 | Report Abuse

Any TP after qr? Especially if div is more than 20 sen. I guess will rise around 10%-15%.

Posted by mrk2ca > 2024-02-22 17:34 | Report Abuse

Diveden 23 sen.
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3423348

Posted by pantor > 2024-02-22 18:39 | Report Abuse

Good result with fat dividend

Posted by gooman > 2024-02-22 18:49 | Report Abuse

In respect of the Group financial position, it remains solid with net cash position. The Group remains mindful on trade receivables collection which was within the normal range of 60 to 90 days and the inventory level which is supportive to subsequent production and delivery requirements.

Posted by pantor > 2024-02-23 01:04 | Report Abuse

Let’s compare FPI and uchitec.
FPI :PE 6.6 ROE 21.5 div 7.6%
Uchitec :PE 14.3 ROE 65 dividend 7.3%
We should give FPI PE at least 10, which is RM4.57.
50% upside

Posted by WellnessAntiCancer > 2024-02-23 09:14 | Report Abuse

See the competitive moats of each business
FPI has strong leadership is speakers technology
Uchitec has scientific skills in developing chips for coffee and dominating the high end coffee machine brewer.

Posted by WellnessAntiCancer > 2024-02-23 09:18 | Report Abuse

FPI declared dividends 23 sen with current (attractive) share price 3.07 yields 7.5%.

HLIB declared a surprised dividends at 50sen giving a total 70sen div for FY2023. The shares shot up by RM1.00 to RM10.30 now.

FPI is still undiscovered gem.

Disclosure: I own both Uchi & FPI amongst my portfolio and may buy more in next 72 hours.

Posted by WellnessAntiCancer > 2024-02-23 09:20 | Report Abuse

FPI is rock solid financial position with net cash increased QtoQ from RM363mil to RM450.6million, almost RM90million cash increase thanks to the strong credit control that customers pay within 90 days.

Margin of safety is very high

Posted by gooman > 2024-02-23 09:40 | Report Abuse

Malaysia’s exports recovery expected in 2024
https://en.vietnamplus.vn/malaysias-exports-recovery-expected-in-2024/279836.vnp

Posted by KPH5328 > 2024-02-23 10:16 | Report Abuse

Uchi single customer risk, no doubt FPI is a very well managed EMS but they're OEM, no own brand, nothing much they can do when economy slowdown, or low demand.
Hope their AI speaker will be ready to accept order soon.

Posted by ITreeinvestor > 2024-02-23 13:40 | Report Abuse

disposal gain 20mil, core earning 12mil.
PE 16.45 which is more expensive than uchitec

Posted by WellnessAntiCancer > 2024-02-24 20:36 | Report Abuse

FPI market cap 780mil

Exclude idle cash 450m

Net market cap 330mil = the amount you are paying that generates income.

PAT 117mil

PE = 2.8x !!


PAT exclude a be of gains 24mil = 93mil

PE = 3.5x!!


As attractive as UChitec But higher intrinsic value.

Posted by WellnessAntiCancer > 2024-02-24 20:40 | Report Abuse

UCHITEC can easily sell to other clients but Moulinex , no. 1 consumer foods in Europe, made PARTNERSHIP to have exclusive acces to UCHI unique technology.


Proven past >20 years win win collaboration

Disclosure: happily owns wonderful businesses FPI , UCHI , INSAS + Warrants amongst my portfolio. May continue to buy aforementioned in next 72 hours of trading

Posted by Learner One > 2024-02-24 22:52 | Report Abuse

Well explained. Tq.

Posted by ghochu > 2024-02-27 07:32 | Report Abuse

Wellness: Out of 117 mn profit - 15 mn is interest income, 27 mn is other gain and 15 mn is fx gain so core profit is 60 mn. In addition you are assuming that they dont need any cash to run the business.

Posted by Dhando > 2024-02-27 16:14 | Report Abuse

https://www.importgenius.com/suppliers/formosa-prosonic-ind-berhad

Posted by Dhando > 2024-02-27 16:15 | Report Abuse

Export of Sony products will be record high in Q1.

Posted by Dhando > 2024-02-27 16:26 | Report Abuse

Interest income and fx gain are recurring yearly. Interest income will parallel the increase in cash. For the past 6 years FPI’s PBT has consistently been higher than OP.
Also, in-spite of the high cash reserve RoE is more than 20%. It simply means FPI's capital expenditure requirements are low.

Posted by spectre007 > 2024-02-28 09:24 | Report Abuse

FD of the year for the past 9 years

Posted by jeffrey1166 > 2024-02-28 18:46 | Report Abuse

still very cheap

Posted by jeffrey1166 > 2024-02-28 18:46 | Report Abuse

buy n keep only

Posted by geary > 2024-03-02 00:43 | Report Abuse

FPI... consistently earnings growth around #11%...plus dividend growth...3%...Hold some @2.95...🤓

Posted by jeffrey1166 > 2024-03-02 17:13 | Report Abuse

ya tp can set 4.3

Posted by Dakewlest > 2024-03-06 18:00 | Report Abuse

Still keeping my FPI shares. To RM4.00 soon, hopefully.

Posted by EngineeringProfit > 2024-03-06 19:18 | Report Abuse

Me too - parking over 1 mil here

Posted by Dakewlest > 2024-03-06 20:29 | Report Abuse

Engineeringprofit, what price did you buy FPI?

Posted by EngineeringProfit > 2024-03-06 21:01 | Report Abuse

Many batches- in out. Currently holding avr price 2.75 (after average up recently-last batch bought 2.94 days ago)

Posted by pantor > 2024-03-06 22:09 | Report Abuse

This stock is worth > RM4. A matter of time.

Posted by pantor > 2024-03-06 22:12 | Report Abuse

Will catch up with uchitec with time. Uchitec also hovered around RM3 for long time.

Posted by EngineeringProfit > 2024-03-06 22:14 | Report Abuse

I park over 1 mil there too

Posted by jeffrey1166 > 2024-03-08 17:47 | Report Abuse

keep buying

Posted by EngineeringProfit > 2024-03-08 17:59 | Report Abuse

Parking 10% of my total investment $ here is enough for me. Not adding

Posted by Income > 2024-03-09 14:26 | Report Abuse

How can I make Rm or more a day?
In conclusion, making an extra Rm100 a day is possible with some effort and creativity. You can start a blog, do freelance writing, complete online surveys, sell products online, drive for Grab or Food Panda, rent out your home or space, sell photos online, or become a virtual assistant.

Posted by jeffrey1166 > 2024-03-10 23:08 | Report Abuse

coming can push up

Posted by Cash99isKing > 2024-03-12 19:40 | Report Abuse

Wonder why market still giving low valuation to FPI despite of its capability to distribute high dividend.
7.5% at current price, not to mention their net cash and dividend have been consistently increasing.

Posted by jeffrey1166 > 2024-03-13 09:05 | Report Abuse

ya undervalue

Posted by Dakewlest > 2024-03-22 00:15 | Report Abuse

Just wondering whether fpi can keep paying 23 sen (or more) for next fy.