In my list of semi-con/Tech stock, rarely I seen them delivering lesser profit for the same period of assessment, except FPG. Most or almost all of them delivering better and better profit..there are a numbers of stock, you name it you have it..COVID is not really a good excuse, many are still making a truckload..Directors too disposed off the shares ahead of result..make your bet..
The continued pandemic-related restrictions will likely sustain deflationary pressure in the coming months… the recovery in global crude oil prices is also expected to contribute to the uptrend.
Last week when the QR results, and syndicate spread all those negative news saying that this company such like going to bankruptcy.. Then I laughed, I knew this story is to shake those who are playing the game over night... Such a good fundamental, never making lost money on QoQ, YoY, and some talking like expert that 5G business is like a sunset business... I don't care how much it will drop again, but if it drop more I will still collect. One day it will come back.
Please name me how many companies in bursa has stable income and plenty of nett cash over 55 mil in hand... Then you just come here and talking rubbish.
Not that im disagreeing with you, but there is no reason for investors to hold it when their quarterly reports are looking bad in 2 consecutive quarters. Apart from the fundamental, technical analysis has to be there.. and i dont think FPgroup will come back anytime soon.
thousands of stocks out there doing way better than fpgroup. no reason for investors to come buy and hold when its not the right time. Knowing when to buy is also important which i failed. Holding it since last Nov and getting disappointed everytime they announce quarterly reports lol
I considered these 3 when i was buying fpgroup based on all figures including PER, Debt to equity, current ratio and etc. apparently, everything skyrocketed except fpgroup. blaming myself for bad decision lol
In stock market, timing is also very important.. I did incur a small loss of thousands on this FPG as I cannot stand the poor performance..good thing is my stake in FPG among my portfolio is not big, few thousands loss considered small loss and I easily overcome that with huge gain in other counters.. Being a value investor, there are much more to consider other than fundamental analysis.. don’t worry syndicate have no time to come spread nonsense, and they can only affect traders/punters.. I will pray for FPG holders that FPG will deliver good results for coming QR..in stock market, follow no one, only yourself.. cheers..
Good point..but this is a year for industrial product to perform.. look at QES.. indeed, FPG is an underperformer.. the management should rethink their strategy and take proactive action.. don’t be satisfied by the fact that the company still making profit.. if they don’t react fast, I can see that their profit going to reduce bit by bit and start turning into loss..
Price trend suggest going to 0.7 level..based on a technical perspective on a wave C down..if 0.9 supported this technical view is voided..pray for FPG holders..
Ok last 10 minutes trading, only very few wanna throw at 0.905 (to those throw at 0.90 today congrats HAHA) Hopefully can rebound la tomorrow even slightly
Hopefully Fpgroup be like revenue. Revenue last year also posted 2 quarter profit and revenue below expectation consecutively. Now fly already after latest QR. Just gotta wait and see.
In market, only profits justify. And more and more profits. Pray FPG will deliver those one QR 10m net profit result and you will see this at above 2. For now it just drifting downwards. I will look at this again if FPG deliver good result next QR and monitor again. I will now give it a miss. Two QR missed while others are delivering spectacular results is not a joke.
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
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New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
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....
Weechichi
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Posted by Weechichi > 2021-02-12 16:04 | Report Abuse
In my list of semi-con/Tech stock, rarely I seen them delivering lesser profit for the same period of assessment, except FPG. Most or almost all of them delivering better and better profit..there are a numbers of stock, you name it you have it..COVID is not really a good excuse, many are still making a truckload..Directors too disposed off the shares ahead of result..make your bet..