KLSE (MYR): FPI (9172)
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Last Price
3.10
Today's Change
-0.03 (0.96%)
Day's Change
3.10 - 3.15
Trading Volume
513,400
Ann. Date | Name | Details of Changes | Securities After Changes | |||||||
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Date | Type | No. of Shares | Price | Direct (%) | Indirect (%) | Total (%) |
High likelihood of >7% dividends. Even if not, why worry, the Balance sheet is rock solid with cash RM362million. I am amazed by their Speakers technology saleability as they have large orders. I read somewhere they are also OEM for Sony which is a surprised as Sony is known to guard their in-house production. I may not be right here.
But you cannot go wrong with such technology and Financial solid ground. ROCK solid.
ON purchase price, I wish to keep it confidential.
But our purpose is same, prosper thy neighbour and let all of us laugh all the way to the bank.
1 month ago
This nice and solid stock edges up, enough to make my portfolio to hit new all time high again! Changed my mind - originally intending to take some profits near RM3 resistance, but along the way when it was 2.8 to 2.87, I added a little bit to raise my average cost from 2.5x to 2.62. This nice counter is in my Top 20% buy size.
My current outlook is to expect 23 sen dividend (say 21-25 sen), assuming 60% dividend payout ratio. At 3.02, this is 7.6% dividend yield which is nice and solid. No plans to take profits yet.
1 month ago
Nice close at 3.05. With higher volume too. Thanks to FPI and another 22 other stocks, my portfolio hit new all time high again today.
Next stop is RM3.45 to close the big opening gap fill a year ago.
1 month ago
Does FPI involve or produce audio recognition technology apart from its speaker sound system?
1 month ago
Any TP after qr? Especially if div is more than 20 sen. I guess will rise around 10%-15%.
1 month ago
In respect of the Group financial position, it remains solid with net cash position. The Group remains mindful on trade receivables collection which was within the normal range of 60 to 90 days and the inventory level which is supportive to subsequent production and delivery requirements.
1 month ago
Let’s compare FPI and uchitec.
FPI :PE 6.6 ROE 21.5 div 7.6%
Uchitec :PE 14.3 ROE 65 dividend 7.3%
We should give FPI PE at least 10, which is RM4.57.
50% upside
1 month ago
See the competitive moats of each business
FPI has strong leadership is speakers technology
Uchitec has scientific skills in developing chips for coffee and dominating the high end coffee machine brewer.
1 month ago
FPI declared dividends 23 sen with current (attractive) share price 3.07 yields 7.5%.
HLIB declared a surprised dividends at 50sen giving a total 70sen div for FY2023. The shares shot up by RM1.00 to RM10.30 now.
FPI is still undiscovered gem.
Disclosure: I own both Uchi & FPI amongst my portfolio and may buy more in next 72 hours.
1 month ago
FPI is rock solid financial position with net cash increased QtoQ from RM363mil to RM450.6million, almost RM90million cash increase thanks to the strong credit control that customers pay within 90 days.
Margin of safety is very high
1 month ago
Malaysia’s exports recovery expected in 2024
https://en.vietnamplus.vn/malaysias-exports-recovery-expected-in-2024/279836.vnp
1 month ago
Uchi single customer risk, no doubt FPI is a very well managed EMS but they're OEM, no own brand, nothing much they can do when economy slowdown, or low demand.
Hope their AI speaker will be ready to accept order soon.
1 month ago
disposal gain 20mil, core earning 12mil.
PE 16.45 which is more expensive than uchitec
1 month ago
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
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
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
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
FPI... consistently earnings growth around #11%...plus dividend growth...3%...Hold some @2.95...🤓
3 weeks ago
Many batches- in out. Currently holding avr price 2.75 (after average up recently-last batch bought 2.94 days ago)
3 weeks ago
Will catch up with uchitec with time. Uchitec also hovered around RM3 for long time.
3 weeks ago
Parking 10% of my total investment $ here is enough for me. Not adding
2 weeks ago
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.
2 weeks ago
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.
2 weeks ago
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
2 days ago
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
2 days ago
hhhiii123
feel like next qr very strong, need special dividend, wakaka
1 month ago