FORMOSA PROSONIC INDUSTRIES

KLSE (MYR): FPI (9172)

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Last Price

2.76

Today's Change

-0.03 (1.08%)

Day's Change

2.75 - 2.78

Trading Volume

496,400

Major Holders Breakdown
Current Holdings

Name

No. of Shares

Percentage

DATO TING HENG PENG

12,000

40.00%

DATO TING HENG PENG

12,000

40.00%

DATO TING HENG PENG

12,000

40.00%

Historical Transactions
From To Type No. of Shares Min Price Max Price
Discussions
8 people like this. Showing 50 of 3,074 comments

WellnessAntiCancer

FPI market cap 780mil

Exclude idle cash 450m

Net market cap 330mil = the amount you are paying that generates income.

PAT 117mil

PE = 2.8x !!


PAT exclude a be of gains 24mil = 93mil

PE = 3.5x!!


As attractive as UChitec But higher intrinsic value.

1 month ago

WellnessAntiCancer

UCHITEC can easily sell to other clients but Moulinex , no. 1 consumer foods in Europe, made PARTNERSHIP to have exclusive acces to UCHI unique technology.


Proven past >20 years win win collaboration

Disclosure: happily owns wonderful businesses FPI , UCHI , INSAS + Warrants amongst my portfolio. May continue to buy aforementioned in next 72 hours of trading

1 month ago

Learner One

Well explained. Tq.

1 month ago

ghochu

Wellness: Out of 117 mn profit - 15 mn is interest income, 27 mn is other gain and 15 mn is fx gain so core profit is 60 mn. In addition you are assuming that they dont need any cash to run the business.

1 month ago

Dhando

Export of Sony products will be record high in Q1.

1 month ago

Dhando

Interest income and fx gain are recurring yearly. Interest income will parallel the increase in cash. For the past 6 years FPI’s PBT has consistently been higher than OP.
Also, in-spite of the high cash reserve RoE is more than 20%. It simply means FPI's capital expenditure requirements are low.

1 month ago

spectre007

FD of the year for the past 9 years

1 month ago

jeffrey1166

still very cheap

1 month ago

jeffrey1166

buy n keep only

1 month ago

geary

FPI... consistently earnings growth around #11%...plus dividend growth...3%...Hold some @2.95...🤓

1 month ago

jeffrey1166

ya tp can set 4.3

1 month ago

Dakewlest

Still keeping my FPI shares. To RM4.00 soon, hopefully.

1 month ago

EngineeringProfit

Me too - parking over 1 mil here

1 month ago

Dakewlest

Engineeringprofit, what price did you buy FPI?

1 month ago

EngineeringProfit

Many batches- in out. Currently holding avr price 2.75 (after average up recently-last batch bought 2.94 days ago)

1 month ago

pantor

This stock is worth > RM4. A matter of time.

1 month ago

pantor

Will catch up with uchitec with time. Uchitec also hovered around RM3 for long time.

1 month ago

EngineeringProfit

I park over 1 mil there too

1 month ago

jeffrey1166

keep buying

1 month ago

EngineeringProfit

Parking 10% of my total investment $ here is enough for me. Not adding

1 month ago

Income

How can I make Rm or more a day?
In conclusion, making an extra Rm100 a day is possible with some effort and creativity. You can start a blog, do freelance writing, complete online surveys, sell products online, drive for Grab or Food Panda, rent out your home or space, sell photos online, or become a virtual assistant.

1 month ago

jeffrey1166

coming can push up

1 month ago

Cash99isKing

Wonder why market still giving low valuation to FPI despite of its capability to distribute high dividend.
7.5% at current price, not to mention their net cash and dividend have been consistently increasing.

1 month ago

jeffrey1166

ya undervalue

1 month ago

Dakewlest

Just wondering whether fpi can keep paying 23 sen (or more) for next fy.

3 weeks ago

jeffrey1166

surely can bext will be 25 cents

3 weeks ago

jeffrey1166

coming can fly

3 weeks ago

jeffrey1166

correction normally

3 weeks ago

WellnessAntiCancer


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

3 weeks ago

WellnessAntiCancer

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

3 weeks ago

Simple Man

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

1 week ago

jeffrey1166

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

1 week ago

DividendGuy67

I own FPI at marginally above neutral position. I like the stock but I would also remind myself not to be too greedy.

One thing to note is the Group MD is 68 years old Taiwanese, and last year a Board member retired. The Group MD apparently was appointed to his position in 1989 ... so, this may not exactly be a young, agile or dynamic company despite small cap. If the Group MD was say 10-15 years younger, with this kind of fundamentals and price action, I would load up even more, but as it is now, it's still good, and so, still deserve a full neutral position (which to me is around 3% capital) and maybe even up to 4% capital position due to its excellent fundamentals, financials, dividends, chart, etc.

Documenting my evolving thoughts here for future reference - http s://dividendguy67.blogspot.com/2024/04/fpi.html

1 week ago

jeffrey1166

coming can fly

1 week ago

Edwardong53

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.

1 week ago

jeffrey1166

ong coming will have bi

1 week ago

DividendGuy67

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!

1 week ago

instigator

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

1 week ago

Dakewlest

Thinking of buying more? Anyone?

1 week ago

jeffrey1166

i keep buying

1 week ago

hhhiii123

Wait for better signal to average down, still yummy dividend

1 week ago

keithtrade

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

6 days ago

keithtrade

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

6 days ago

hhhiii123

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

5 days ago

jeffrey1166

coming can keep buying next div 0.26

5 days ago

gooman

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

3 days ago

jeffrey1166

still cheap

3 days ago

stockraider

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

2 days ago

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