Posted by VincentTang > 2024-06-10 12:17 | Report Abuse

Feytech should start rebound from now.

Posted by azrudin84 > 2024-06-10 13:32 | Report Abuse

Anyone know what is the dividend policy for this counter?

Posted by DaHon85 > 2024-06-10 14:14 | Report Abuse

40 % dividend

Posted by goody99 > 2024-06-10 14:32 | Report Abuse

According to its IPO prospectus:

3.13 DIVIDEND POLICY
Our Board intends to recommend and distribute dividends of at least 40% of our net profits attributable to the owners of our Company for each financial year.

Posted by azrudin84 > 2024-06-10 16:46 | Report Abuse

wow 40%. ok lor keep tight. every quarter got profit sure got dividend. Still hold strong IPO price.

Posted by Francisco García Paramés > 2024-06-11 22:21 | Report Abuse

Bauto results out, quite amazing, guess it will have positive impact on Feytech as well

Posted by LeverageLuminary > 2024-06-12 16:58 | Report Abuse

need some time b4 price reflected i think

Posted by cytew > 2024-06-14 13:54 | Report Abuse

It is getting ready to break 1.21 then hitting new high soon

Posted by Hoot9ee > 2024-06-18 17:00 | Report Abuse

1.21 or 1.00?

Posted by Hoot9ee > 2024-06-19 09:43 | Report Abuse

Ready for 1.00 guys

Posted by goody99 > 2024-06-19 11:30 | Report Abuse

During the last few days, I was able to find some youtube about FEYTECH. Here are the videos:

Rakuten Trade Ideas Webinar - Feytech Holdings Berhad
https://www.youtube.com/watch?v=0bVs8sMW674

新股上市IPO系列之管理层专访 | FEYTECH
https://www.youtube.com/watch?v=DgbnGyHGt2M

烤問飛達控股｜ CEO 吳柯妮：從上市到全球市場的征途
https://www.youtube.com/watch?v=QYyAdg13N3s

Posted by tokhun > 2024-06-19 16:51 | Report Abuse

thursday 1.00

Posted by garychee8 > 2024-06-19 17:02 | Report Abuse

bought 1.05

Posted by VincentTang > 2024-06-20 11:13 | Report Abuse

Better sell all Feytech to buy more FPHB.

Posted by Hoot9ee > 2024-06-20 16:31 | Report Abuse

Tq sold all 1.07

Posted by cytew > 2024-06-22 09:18 | Report Abuse

Now you should sell all FPHB to buy Feytech instead..

Posted by mucomplex > 2024-06-26 07:24 | Report Abuse

I will keep buying huge amount this stock at cheap price before it rockets.

Posted by cytew > 2024-06-26 18:22 | Report Abuse

#Mucomplex, you are making a good choice

Posted by goody99 > 2024-06-26 20:24 | Report Abuse

AmInvestment starts coverage on Feytech with fair value of RM1.32
https://theedgemalaysia.com/node/716080

Posted by garychee8 > 2 months ago | Report Abuse

bought 0.995

Posted by mucomplex > 2 months ago | Report Abuse

@garychee8 ramai sudah terciduk

Posted by tokhun > 2 months ago | Report Abuse

Buy low sell high

Posted by liferosak > 2 months ago | Report Abuse

yo tp 1.32

Posted by Al Razzi > 2 months ago | Report Abuse

When qr?

Posted by stncws > 2 months ago | Report Abuse

QR PLAY UNTIL 15/8

Posted by DaHon85 > 2 months ago | Report Abuse

Buy Buy Cheap Cheap

Posted by DaHon85 > 1 month ago | Report Abuse

Buy now !! QR will release soon

Posted by roger3210 > 1 month ago | Report Abuse

lol, u want to distribute ticket to naive buyer ?

Posted by roger3210 > 1 month ago | Report Abuse

many IPO this year are doing very well even after crazy sell down early last week, but this stock still being dump with higher selling pressure at the bottom, something not looking good... bad qr ?

Posted by jakeT > 1 month ago | Report Abuse

https://theedgemalaysia.com/node/721685

Posted by DaHon85 > 1 month ago | Report Abuse

Feytech move today. Back to RM1

Posted by roger3210 > 1 month ago | Report Abuse

run for ur life b4 too late, coming down soon

Posted by DaHon85 > 1 month ago | Report Abuse

Congrat Feytech !!

Satisfactory result!! Still can maintain 16 million Net Profit.

Posted by KSHCCM > 1 month ago | Report Abuse

Results is better than its peers. Good job.

Posted by KSHCCM > 1 month ago | Report Abuse

KUALA LUMPUR: Feytech Holdings Berhad, today announced its financial result for the second quarter ended June 30, 2024 (Q2FY24), recording RM16.52 million in profit after tax (PAT) on the back of a revenue of RM68.20 million.

Profitability has remained healthy with gross margins of 39.22% and PAT margins of 24.23% in Q2FY24. For the 6-months year-to-date (H1FY24), the Company has recorded total revenue of approximately RM138.84 million and PAT of RM33.40 million. Accounted in the H1FY24 results was an amount of approximately RM2.02 million recognised as non-recurring one-off listing expenses. The H1FY24 PAT after being adjusted for the listing expenses would be RM35.4 million.

There are no comparative figures for the preceding corresponding period as there is no interim financial report prepared for the comparative period as the Company had only been listed on the Main Market of Bursa Malaysia Securities Berhad on May 21, 2024.

During the quarter under review, the automotive seat segment of Feytech and its group of subsidiaries (Feytech Group” or the Group) contributed RM36.95 million or 54.2% of the total revenue, while the automotive cover segment generated RM31.25 million or 45.8%. For the H1FY24, the Group’s automotive seats segment remained the largest contributor to revenue with 52.7% and automotive covers with the remaining 47.3%.

Feytech executive director and CEO, Connie Go said: “We remain relatively optimistic of our prospects as we still view our long term industry prospects favourably and and are confident of our own competitive positioning in the segment. In a recent statement by the Malaysian Automotive Association, total industry volume is expected to come in higher at 765,000 units as compared to what was projected earlier in the year of 740,000 units. This is in line with some of the other macro-economic data such as national GDP which bodes well for our sector.

“In line with such growth expectations, we intend to continue our drive to expand the business with new customer acquisitions or car models as well as new facilities to support such demand. Since the IPO, we have successfully onboarded new brands such as the Peugeot and Chery for seats and covers on designated models. In terms of charting for new facilities and capacity, we entered into a sale and purchase agreement with Proton City Development for the acquisition of a plot of land in Tanjong Malim measuring about 9.76 acres in area. The acquisition is expected to be completed in the second half of 2025 and will represent the next phase of our expansion for our automotive seats division. We view this as timely as the key growth driver up north in the form of Kulim Plant 3 has begun operations.”

Posted by roger3210 > 1 month ago | Report Abuse

told u feytech is useless, price will continue to drop to new low soon

Posted by roger3210 > 1 month ago | Report Abuse

haha , like CEB, also woman CEO

Posted by roger3210 > 1 month ago | Report Abuse

dont worry, it will come

Posted by roger3210 > 1 month ago | Report Abuse

seem like record low coming :D u have been warned

Posted by roger3210 > 1 month ago | Report Abuse

go go go !! crashing like mad soon

Posted by tokhun > 1 month ago | Report Abuse

monitor closely, getting nearer to buy the dip

Posted by roger3210 > 1 month ago | Report Abuse

almost record low jus now :D

Posted by DaHon85 > 1 month ago | Report Abuse

Can entry now...slowly will move upward.

Posted by KSHCCM > 1 month ago | Report Abuse

Managed to buy some last week at .86 and sold today. 9% gain! Thanks!

Posted by jakeT > 1 month ago | Report Abuse

always remember, when people ask u to sell, think why are they being so good-hearted to ask u sell.

Most of these guys are cybertroopers.

If u think the company is good, buy. Simple as that.

Posted by tokhun > 3 weeks ago | Report Abuse

HOLD ONLY

Posted by goody99 > 1 week ago | Report Abuse

According to AmInvest, 2HFY24 should see stronger revenue growth as 2H is seasonally stronger period, which follows the general seasonal trend of car sales. However, it will incur margin compression in 2HFY24 due to start-up costs relating to its Kulim Plant 2 opening.

Strong earnings growth prospects with FY24F-26F CAGR of 16

Almost half of its raw materials is imported, so a strong Ringgit will help its margin.

Posted by kai8994 > 1 week ago | Report Abuse

AmInvest forecasted FY2024 net profit at RM63mil & EPS of 7.5sen. But the latest QR shows YTD June 24 net profit @ RM33mil & 6 months EPS is already at 7.97sen. The full year EPS should be around 15sen?

Did I read it correctly?

Posted by goody99 > 5 days ago | Report Abuse

the calculation of EPS used in QR is based on the weighted average number of ordinary shares in the Company of 419.02 mil.
the enlarged number of share after IPO = 843.2 mil
we have to recalculate EPS based on the latest number of shares
roughly, 1HFY2024 EPS = 4 sen based on the enlarged number of share

Posted by kai8994 > 5 days ago | Report Abuse

Thanks goody99 for the explanation.

The presentation is really "misleading", Q1 FS shows weighted average no. of shares of 699m, then in Q2 FS it become 419m.