Posted by jeffrey1166 > 2024-03-22 17:39 | Report Abuse

surely can bext will be 25 cents

Posted by jeffrey1166 > 2024-03-24 18:14 | Report Abuse

coming can fly

Posted by jeffrey1166 > 2024-03-25 19:29 | Report Abuse

correction normally

Posted by WellnessAntiCancer > 2024-03-25 21:50 | Report Abuse

FPI now guarantees (word I seldom use) a 7.2% div yield if you invest BEFORE 8 Apr. 2024.

Told my nephew last weekend. the price merely inched up 3 sen to 3.14

Anyway, this post belong to FPI chat room.

There are other attractive Dividends if you want them.

Disclosure: Owns BOTH INsas and INsas WC, FPI amongst others.

Caveat Emptor

Posted by WellnessAntiCancer > 2024-03-25 21:52 | Report Abuse

FPI with war cash reserves RM450million can declare dividends or better shares buy backs.

This year, FPI has extraordinaries gains.

Cap it at RM50million a year, it is sustainable foreseeable future

Posted by Income > 2024-03-29 23:21 | Report Abuse

https://youtube.com/shorts/3z3IQCFVUWw?si=QELniFKN7acY1TZq

Posted by Simple Man > 2024-04-04 12:22 | Report Abuse

assume maintain EPS 40-41, at PE10, target price Rm4.0-Rm4.1.
More room to go.

Posted by jeffrey1166 > 2024-04-04 16:11 | Report Abuse

ya can hit 4.4 i presume as fa formula coming qr have increase many

Posted by DividendGuy67 > 2024-04-05 01:42 |

Post removed.Why?

Posted by jeffrey1166 > 2024-04-05 09:38 | Report Abuse

coming can fly

Posted by Edwardong53 > 2024-04-05 22:07 | Report Abuse

FPI never reward its retail investors with Bonus Issue of ordinary shares or warrants. The last bonus issue was in 2008 which is 16 years ago.

Posted by jeffrey1166 > 2024-04-06 17:56 | Report Abuse

ong coming will have bi

Posted by DividendGuy67 > 2024-04-08 23:51 | Report Abuse

Haha ... today, FPI went ex-div, and as I mentioned in my article a few days ago when price was 3.13+, I mentioned odds are good for price to drop to 2.85 and 4 days after I penned the article, it came true! .... LOL.

Nothing's changed for me. Expected price action. From company's left pocket to my right pocket.

Notwitstanding, my portfolio continues to make new all time high today. Thank-you Mr Market!

Posted by instigator > 2024-04-09 00:14 | Report Abuse

it's not surprising right since this is typical for share prices to drop on ex-date according to the div paid out.

Posted by Dakewlest > 2024-04-09 02:24 | Report Abuse

Thinking of buying more? Anyone?

Posted by jeffrey1166 > 2024-04-09 14:57 | Report Abuse

i keep buying

Posted by hhhiii123 > 2024-04-09 16:12 | Report Abuse

Wait for better signal to average down, still yummy dividend

Posted by keithtrade > 2024-04-09 20:20 | Report Abuse

Yes dividend is 23 sen but price dropped 37 sen so in real terms thats quire a big drop of 14 sen at 5%

Posted by keithtrade > 2024-04-09 20:23 | Report Abuse

This often happens with small caps , not sure if knee jerk reaction or due to algorithms but might be worth some research

Posted by hhhiii123 > 2024-04-10 19:50 | Report Abuse

it is cash rich company with almost zero debt, I not worry so much lol

Posted by jeffrey1166 > 2024-04-11 13:40 | Report Abuse

coming can keep buying next div 0.26

Posted by gooman > 2024-04-13 10:09 | Report Abuse

TA Securities keeps 'overweight' on tech sector, top picks Inari, Elsoft and MPI.
https://klse.i3investor.com/web/stock/overview/0127

Posted by jeffrey1166 > 2024-04-13 14:00 | Report Abuse

still cheap

Posted by stockraider > 2024-04-14 11:03 | Report Abuse

EMS strong recovery is expected in June.....with very weak RM.....it is expected EMS business will do very well loh!

Posted by jeffrey1166 > 2024-04-16 20:08 | Report Abuse

ya coming week will rebound

Posted by jeffrey1166 > 2024-04-16 20:08 | Report Abuse

cheap price cuurent

Posted by jeffrey1166 > 2024-04-17 23:43 | Report Abuse

last price for below rm3

Posted by geary > 2024-04-19 19:08 | Report Abuse

FPI... consistently earnings growth around #11%...plus dividend growth...3%...Hold some @2.95...!?
Slow Momentum...50/200SMA....@4.20.!?

Posted by jeffrey1166 > 2024-04-20 00:17 | Report Abuse

tp can be 4.3 follow value

Posted by Income > 2024-04-30 16:58 | Report Abuse

https://youtube.com/shorts/6FzhgVv9o68?si=WItGx0QZ3BUxUCFi

Posted by jeffrey1166 > 2024-04-30 19:02 | Report Abuse

keep buying as well

Posted by wongmeeyen1113 > 2024-05-02 21:22 | Report Abuse

Good stock

Posted by jeffrey1166 > 2024-05-02 23:49 | Report Abuse

ya wong super gem

Posted by EngineeringProfit > 2024-05-11 22:40 | Report Abuse

Phison coming?

Posted by pantor > 2024-05-12 00:01 | Report Abuse

will cross RM3 soon

Posted by jeffrey1166 > 2024-05-12 17:28 | Report Abuse

surely my tp is 4.3

Posted by cola > 2024-05-24 10:32 | Report Abuse

waste of time to attend the AGM when the management does not really answer questions.....

Posted by MULTIEVER > 2024-05-24 10:34 | Report Abuse

may i know what questions you asked? any input about their agm?

Posted by cola > 2024-05-24 10:47 | Report Abuse

I asked but did not get any answer. I don't consider "do our best", "strive to do better" as answers...
Someone asked for example of what product that is considered smart audio, and the answer given was "all audio product are considered smart audio, they have many features....":-(

Posted by MULTIEVER > 2024-05-24 11:04 | Report Abuse

chill, all the boss same pattern one in agm, a generic response for a generic question, it not just fpi only.

should ask more specific and spicy question that quoting with fact and numbers, rather than using terms that sounds like marketing punya adjective slogan, like "smart", "organic", "best" etc. all this terms too blurry and generic.

if i were you, properly ask "is fpi product will up-to-date with Ai related tech in coming year?" "how much capex fpi will increase before upcoming FY".

of course it is likely you still getting blurry/ generic answer. just carry on, they also uncertain about it.

Posted by jeffrey1166 > 2024-05-24 12:40 | Report Abuse

keep buying

Posted by pantor > 2024-05-24 21:29 | Report Abuse

Worth at least RM4

Posted by observatory > 2024-05-24 22:38 | Report Abuse

FPI boss is cautious when answering certain types of question, no matter how the questions are crafted. This can be seen from past AGM minutes. For example, ask anything about its clients he would tell you sorry they’re bounded by NDA with the clients. Probably he believes that even telling you product features would have given away too much and jeopardize the NDAs!

Based on my own experience, FPI is among the average. No worse than many companies I’ve come across.

Very few company management/ board go all their ways to make sure shareholders understand how the company works. One of the exceptions is Allianz. It gives me very good impression.

Posted by EngineeringProfit > 2024-05-24 23:45 | Report Abuse

In the first quarter of 2024, FPI reported a revenue of RM153.9 million and a net profit of RM32.4 million, resulting in an EPS of 12.69 sen. And the EPS stays above 10 Sen after another QR

Posted by jeffrey1166 > 2024-05-25 20:19 | Report Abuse

ya

Posted by pantor > 2024-05-26 14:46 | Report Abuse

It is Ok if the management does not disclose much of the info of its clients to the shareholders, as long as it can make good profit, give good dividend, maintain good cashflow and remain cash rich, as is the case now.

Posted by jeffrey1166 > 2024-05-26 18:33 | Report Abuse

ya div 9% tp can t set 4 above

Posted by EngineeringProfit > 2024-05-26 19:40 | Report Abuse

PEG ratio about 0.7 ? Over the past decade, Formosa Prosonic Industries (FPI) has shown notable growth. Analyzing the available data, FPI's earnings per share (EPS) have increased significantly, highlighting a robust performance trend.

In recent years, the EPS growth has been quite strong. For instance, the EPS for 2022 was RM0.42 compared to RM0.39 in 2021, and earlier, it was RM0.21 in 2020 versus RM0.17 in 2019. Over the last five years, the company has achieved an annual EPS growth rate of about 25%, indicating a consistent upward trajectory in its financial performance.

Additionally, the company's dividend payments have also increased, reflecting its growing profitability. From 2014 to 2024, the dividend grew from MYR0.06 to MYR0.23 per share, demonstrating an annual growth rate of approximately 14%.

Overall, FPI has maintained a strong growth rate over the past decade, making it an attractive investment option within the materials sector.

Posted by DividendGuy67 > 2 months ago | Report Abuse

I just posted an update on FPI here.
https://klse.i3investor.com/web/blog/detail/DividendGuy67/2024-06-13-story-h-159639979-FPI_Update

I like to think there's a majority chance a breakout will soon happen to the upside, but that's not my primary objective - my main goal is to own this stock for its high dividend yield, and if there's a price gain, that's a bonus.

Never be greedy. My position size here is around 3% capital. Not expecting to be wrong, but if it turns out that I'm wrong, then, no major drama - just collect the dividends, and wait for the next high probability setup.

Posted by jeffrey1166 > 2 months ago | Report Abuse

coming can fly