Posted by Value_Investor_888 > 2020-10-23 11:46 | Report Abuse

If JFTECH worth above RM5, FPGROUP should simply worth mare than RM2....Really funny to see the market behaved in this way...

Posted by ashmira > 2020-10-23 12:19 | Report Abuse

i know how you feel. good company but price not moving. JFtech average volume is small. that why easy to move up and down. its ok chance to collect more. im also waiting for JFTech on big retracement. sold too early. thought 3.50 is already high. then its go 5. haha.

Posted by gemfinder > 2020-10-23 12:57 | Report Abuse

so lousy compared to jftech… same bisnes ma. not moving

Posted by karimboss > 2020-10-23 16:14 | Report Abuse

Darurat Mari lo
Still holding share gah

Posted by Fadzli Alias > 2020-10-23 20:46 | Report Abuse

Manage to buy again 250 lot at 1.03 after sold all 500 lot at 1.08*(1.01) at morning..... Tq panic seller.....

Posted by Icon8888. > 2020-10-23 22:59 | Report Abuse

Same source told me coming quarter result start with 5******.
Performance doing so well mainly because of good performance from laser stencil.


Stock: [FPGROUP]: FOUNDPAC GROUP BHD

Aug 17, 2020 10:54 AM | Report Abuse

No why purely just because result very good, start with 4****** .
Is this result acceptable?
Anyway that just rumor.

Posted by alexlee06037 > 2020-10-24 15:01 | Report Abuse

Another company that is considering to list its subsidiary is property developer Mah Sing Group Bhd, which recently announced that it was exploring the possibility of listing its manufacturing division separately from the group to further unlock its value, although the group did not divulge further information.

IT is interesting to observe the outcomes when a listed company embarks on a spin-off and list its subsidiary. Typically, a subsidiary is listed to unlock greater value.
In the case of Foundpac Group Bhd, the precision engineering services provider and laser stencil manufacturer is mulling the listing of its 75%-owned subsidiary Dynamic Stencil Sdn Bhd (DSSB).
DSSB’s primary business activity is the manufacture and sales of laser stencils.

Citing sources, Bloomberg said Sime Darby has held discussions with potential advisers for an IPO of Ramsay Sime Darby Health Care Sdn Bhd, with a listing on Bursa Malaysia to potentially happen as early as 2021.
Plans to list DSSB are still preliminary, as FoundPac clarified on Monday in a Bursa Malaysia filing.
It said it is “still exploring on the options available and has not set a specific time frame for the initial public offering (IPO) plan”.
“Although the IPO plan is likely to be on Ace Market if it is to be listed in Malaysia, FoundPac is still exploring other available options including listing on other stock exchanges which can offer DSSB a better valuation, ” it said. It is interesting to note that FoundPac recorded a net profit margin of 33.43% and a pre-tax profit margin of 41.7% for the financial year ended June 30,2020 (FY20).
Given FoundPac’s impressive profit margins – it had a low turnover of RM51.05mil and a net profit of RM17.07mil – the plans to list DSSB may be viewed as a move that will dilute the group’s earnings.
Noting that possible outcome, an industry observer explains that the benefits of listing a subsidiary outweighs the drawbacks.
“The listing of the subsidiary will give the company a better profile, making it easier for fundraising, if needed.
“It will also enable the subsidiary to embark on merger and acquisition activities for expansion and growth.
“Additionally, there will be a more accurate valuation ascribed to the company, particularly if the holding company has a greatly diversified portfolio of subsidiaries, ” he says.
While FoundPac may lose out in terms of earnings contribution from DSSB after the listing, it remains to be seen how the shareholding will be like when the potential IPO is structured.
Should FoundPac retain a significant equity in DSSB after the IPO, part of DSSB’s earnings will be reflected in FoundPac’s books.
Since its acquisition in November 2017, DSSB has reported a net profit of RM1.78mil in FY18, RM3.43mil in FY19 and RM4mil in FY20. DSSB’s business was affected by a supply chain disruption and movement control order (MCO) caught for about four months this year.
The prospects for FoundPac are riddled with many uncertainties from the impact of Covid-19 and its compounding effects on global and national rates of economic growth.
Despite the more challenging market outlook, the board of FoundPac remains cautiously optimistic about its prospect in the coming year.
“Our group will continue to uphold our core and long-term strategy to focus on business expansion and diversification, product development, as well as business process optimisation through lean implementation across all operations in the organisation, ” says FoundPac in its 2020 annual report.
As of Friday, FoundPac traded at a historical price-earnings multiple of 34.56 times.
Since hitting a low of 41 sen in March this year, FoundPac’s share price has surged 151% to RM1.03 at Friday’s close.
Another company that is considering to list its subsidiary is property developer Mah Sing Group Bhd, which recently announced that it was exploring the possibility of listing its manufacturing division separately from the group to further unlock its value, although the group did not divulge further information.

Posted by karimboss > 2020-10-30 10:42 | Report Abuse

Nx week can see 0.90 lol

Posted by stainlyho37 > 2020-10-30 11:43 | Report Abuse

back to 1.00 by closing..just watch out !!

Posted by karimboss > 2020-10-30 12:03 | Report Abuse

0.955 now....

Posted by karimboss > 2020-10-30 12:04 | Report Abuse

told u all sell at 1, takmau, now 0.95, nx week 0.90 then 0.80

Posted by 2021willnotbetter > 2020-10-30 13:46 | Report Abuse

slowly collect, good stock to hold

Posted by BursaHodler > 2020-10-30 16:02 | Report Abuse

Good stock to hold? please refer to ur name tq

Posted by karimbokoss > 2020-10-30 16:40 | Report Abuse

why gooshen deleted msg..haha

Posted by 2021willnotbetter > 2020-10-30 16:56 | Report Abuse

cause he bought higher than closing price, should be crying somewhere in the corner.

Posted by gemfinder > 2020-10-30 16:59 |

Post removed.Why?

Posted by karimbokoss > 2020-10-30 17:03 | Report Abuse

omg gooshen. deleted msg apasal. buy jo high cut loss?

Posted by Westeros > 2020-10-30 18:52 | Report Abuse

Hhahahaha Gooshen...become Gooshit liow......

Posted by Westeros > 2020-10-30 18:55 | Report Abuse

Right now Fundemental can do you no good...switch to technical mode and observe the candles right now is not the right time to enter..wait for reversal and even then ensure momentum first before enter.

Posted by karimbokoss > 2020-10-31 10:18 | Report Abuse

Monday will melt to RM0.90

Posted by BursaHodler > 2020-11-02 08:46 | Report Abuse

yer sore loser deleted message, want delete dont play la pussy boi

Posted by BursaHodler > 2020-11-02 09:34 | Report Abuse

say already sell, but scare sendiri slap sendiri counter then delete comment? haiyaaaa just say so ma... we will go easy on you okay goo goo~~~

Posted by BursaHodler > 2020-11-02 11:13 | Report Abuse

Told you don’t touch, century melt down coming, you think I simply say?
Now proven kikiki~~~
02/11/2020 9:27 AM

Posted by Fong YM > 2020-11-02 11:14 | Report Abuse

GG.com RUN for life

Posted by karimbokoss > 2020-11-02 13:34 | Report Abuse

RUN, expensive stock, laosi simple engineer company, cap ayam also can copy this company

Posted by hng33 > 2020-11-02 14:47 | Report Abuse

bought back FPgroup at 94.5sen

Posted by GooShen > 2020-11-02 15:32 | Report Abuse

Excellent GooShen proven again
Buy 93 and 94 now 97.
Ong ar Heng ar huat ar

Posted by 2021willnotbetter > 2020-11-02 15:41 | Report Abuse

rising rocket

Posted by BursaHodler > 2020-11-02 16:09 | Report Abuse

Just a trap. it is normal as big boys normally pump and dump.

This is not something fresh, will see massive selling tapping on this so called new contract news.
You dare to touch, you prepare to cut loss.

nah not me say one hor, excellent GooShen proven again says one hor

Posted by GooShen > 2020-11-02 16:17 | Report Abuse

Why take it out of context? This is not krono this is good fpg.
You drunk again ????

Posted by BursaHodler > 2020-11-02 16:40 | Report Abuse

haiyaaa learn from you also ma, you can delete why i cannot take out context? which one more sinister???

no balls player just sit diam diam la dont bark haiyaaa

Posted by brutusbeefcake > 2020-11-02 16:42 | Report Abuse

this counter will be like Frontkn

Posted by GooShen > 2020-11-02 16:43 | Report Abuse

Proven you are hater. I am long on this counter.
What’s your problem ?

Posted by brutusbeefcake > 2020-11-02 16:44 | Report Abuse

Krono also good. tp rm 2.50

Posted by BursaHodler > 2020-11-03 08:40 | Report Abuse

haiyaaa use elbow think also know u only long these small water counter la u so pussy~

what hater? you are my idol i learning from you got wrong?
what's your problem??

Posted by hng33 > 2020-11-03 09:22 | Report Abuse

sold back fp at 97.5sen

Posted by BursaHodler > 2020-11-04 11:03 | Report Abuse

Dow Jones futures drop now. Investor not seeing good
Proven I am excellent HodLer

Posted by GooShen > 2020-11-04 12:02 |

Post removed.Why?

Posted by BursaHodler > 2020-11-04 17:19 | Report Abuse

typical trap, tmr big whale gonna dump, pump and dump, century meltdown coming!!!!
kikiki delete comment but when up abit come out bark balless boi

Posted by GooShen > 2020-11-04 18:31 | Report Abuse

Haters gonna hate. Pity life they have.
Excellent GooShen Buy low they not happy

Posted by GooShen > 2020-11-05 09:02 |

Post removed.Why?

Posted by BursaHodler > 2020-11-05 10:00 | Report Abuse

GooShen Trump is going to win lar, you know how to read the message or not
04/11/2020 2:18 PM

^ before pussy boi deletes again, looks like somebody predicted way off, just like his pick on counters kikikiki~~

Posted by GooShen > 2020-11-05 12:16 |

Post removed.Why?

Posted by gemfinder > 2020-11-05 19:47 |

Post removed.Why?

Posted by gemfinder > 2020-11-06 14:25 |

Post removed.Why?

Posted by minwanajie > 2020-11-06 16:22 | Report Abuse

today so quite here..haha

Posted by GooShen > 2020-11-06 16:29 |

Post removed.Why?

Posted by benylim > 2020-11-06 16:30 | Report Abuse

today limit up!!!!!!!!!!!!!!!!!!!

Posted by GooShen > 2020-11-06 16:53 | Report Abuse

Good closing. Well done for considering excellent GooShen.
You deserve to win the profits

Posted by BursaHodler > 2020-11-07 08:46 | Report Abuse

Monday straight jump water to 0.30???
Highly possible. Too high PE 37, one limit down PE become 20 also still high.
Excellent HoDLer fair price is 0.11, given that covid19 will still be around next quarter.