it's ok CoolJay, Its will go back and higher. Unless you looking for short term. Just average down when go back to 0.925 and 0.89. That is the support.
Be patient, its slow and steady. Stock market is about transfer wealth from impatient to the patient. Company is good, market will unlock the value. Don't need time to time, second to second monitor it. Buy when you still can, FPG will generate more sale for its newly launch product.
Let’s celebrate this amazing milestone !!!! Have this counter better than those tortoise counter that can’t match our flying counter. Congratulation for those who are with excellent GooShen!!!!!
{REPEATED} Lastly, weak companies will propose PP to raise funds (eg J-T---) whereas,cash rich and profitable companies will propose bonus share or special dividends.
Im not surprised if FP group propose bonus issues like topglove,supermax,esceram etc.
No rumours or insiders . Just my feeling especially if the price suddenly spike up with no report on QR.
So, dont simply sell your FP shares unless you need the $$$ 20/08/2020 9:58 AM
(Based on the calculation of Discounted Earnings Model, FPGROUP has an intrinsic value of RM1.495. The current share price of FPGROUP is RM0.95 which makes it an undervalued stock (as at 18 Feb 2020). FPGROUP has a beta of 1.784 (500 days) indicating that the company is more volatile than the current market. Investors may face higher risk. Based on the computation of Compound Annual Growth Rate (CAGR), FPGROUP has an expected market return of 5.22%.
In conclusion, FPGROUP has achieved an outstanding performance in FY2019 with its highest revenue and gross profit over the past 5 years. FPGROUP’s prospect remains bright as the rollout of 5G in China, Europe and the United States is expected to generate demand for integrated circuits for use in the hardware of 5G transmission towers. The company is expected to perform well in the future as the Internet of Things (IoTs) needs a lot of high-end equipment to test and automate hence creating a strong demand for semiconductor test equipment.}
PE 37 is still low. Good fundamental company. Good management team. Can control 20-30% profit every quater. 602M market capital is just too undervalue for FP Group. It is easy for FP to double/ triple up its sales. Just be patient guy.
Mark my words.... by 2022 , fpggroup will grow to rm3 , no doubt it ll follow suit to other semi con companies... Revenue and NP compared to JFTECH , GREATECH and others .... see for yourselves ! THIS STOCK IS A LONG TERM HOLD
Xiaodee18 you right ... Good companies hard to find cheap especially with good management and business fundamentals ... 3 years Rev and NP keep increasing , What say you :D
yeah, i believe with these company. Keep collecting everytime i got money especially when price drop from panic seller. >_<. below 1 is consider cheap. below 0.7 is consider very cheap. below 0.4 damn cheap all in. Now almost 50K unit here. >_<. 5 ACE company i believe so far, 3 best is OPENSYS, RGTECH and FPGROUP. Another 2 is OMESTI and KRONO.
"The warning of Bad hit on business earning is issued by well known global broker house due to the delay of 5G Product roadmap. China and US on going trade war is another catalyst that will burst the tech bubble. DJI and nasdaq will continue to suffer selling pressure, corona virus impact on economy is too bad that they can’t fix it.
When I say tech bubble is coming, Haters all laugh and attack me. They crazily chase bonus issued shares, now kantoi, bubble burst already, they still paint fake picture to self comfort in big groups. Really naive.
Haha haters act. Come on, increase the level abit. Don’t simply apply the theory on different scope. Will be in chaotic.
Fpg is still good trend, don’t worry about haters that purposely come here and destroy the confidence built. Now it is green while Penta is red. You see how excellent GooShen is.
GooShen :You know why Tuesday I was taking leave and didn’t come? Because Monday night, Tuesday morning I busy selling my Apple Tesla AMD and some other US stock. I told you I don’t like bonus issue, i already know what is coming up next.
So many haters say buy when excellent GooShen is quiet, you know you are playing with fire? You bought almost at peak priori to crash. Today you rasalah, how spicy the market will be from now on.
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....
DreamKaiser
1,346 posts
Posted by DreamKaiser > 2020-08-24 06:41 | Report Abuse
up 5.77%