Posted by necro > 2012-04-16 17:43 | Report Abuse

4-5 *star

Posted by rookie > 2012-11-09 17:37 | Report Abuse

9M12 earnings more than tripled to RM24.6m, the result just out on 9-Nov-2012. Got to watch this stock closely... My take worth at least 90 sen

Posted by tonylim > 2012-11-09 21:08 | Report Abuse

on days, i can even buy 200 shares. volume is so pathetic.

Posted by tonylim > 2012-11-09 21:17 | Report Abuse

f you. low life and coward.
stop spamming my email.
gua ai kan lu. pu nia bor

Posted by Fat Cat Tim Buddy > 2012-11-09 21:19 | Report Abuse

junjun(forty)@gmail.com can do better than that , pathetic...

LOL

Posted by tonylim > 2012-11-09 22:26 | Report Abuse

.

Posted by tonylim > 2012-11-10 11:57 | Report Abuse

hey retard fat cat
when i first Own fpi shares where were you?
sucking teethe or hanging milk btls round your neck?

have you learn how to interpret group accounts?

Posted by tonylim > 2012-11-10 11:58 | Report Abuse

YOU Want to read about fpi?

Posted by tonylim > 2012-11-10 22:20 |

Post removed.Why?

Posted by tonylim > 2012-11-11 13:44 | Report Abuse

.

Posted by quahsb > 2013-02-27 16:40 | Report Abuse

good buy if can hold above 0.74

Posted by Sapphire > 2013-09-06 14:45 | Report Abuse

wow..i wan buy..nice stock.

Posted by choonhock > 2013-11-06 10:14 | Report Abuse

yup..Good stock. DY is about 7.6% (0.06/0.78)

Posted by sephiroth > 2013-11-07 15:08 | Report Abuse

this is another potential gold mine
firstly 2 red flags, high receivables RM126m, profit margin low at 4-5%

2nd, GREEN FLAGS
Cash RM101.188m (40.9 sen per share)and BEHOLD borrowings only RM67k

6 sen dividend coming up march 2014 yield 6/75= 8%

Posted by sephiroth > 2013-11-07 16:15 | Report Abuse

PNB owns 21.76% of this company
http://klse.i3investor.com/servlets/anpth/888359.jsp

Posted by jennylee1382 > 2013-11-11 07:35 | Report Abuse

sephoroth what's the good enter price for this counter, you got buy this counter

Posted by sephiroth > 2013-11-11 13:38 | Report Abuse

i bought 0.75 last week, now engine start a bit already, jenny, it's up to you 75-78 sen is ok coz 6 sen dividend coming up early next year

Posted by jennylee1382 > 2013-11-11 13:43 | Report Abuse

sephiroth this counter still can go up to what amount (roughly)

Posted by sephiroth > 2013-11-11 13:48 | Report Abuse

jenny, definitely i don't know but 80-90 sen is possible. previously commented by kcchongnz

Posted by kcchongnz > Aug 23, 2013 08:57 AM | Report Abuse

Posted by TeckChuan Lee > Aug 23, 2013 02:22 AM | Report Abuse

FORMOSA PROSONIC INDUSTRIES BERHAD
FPI, 9172, RM0.68

DEC2012 REPORT, RM0.71
1. ROIC 30
2. ROA 7
3. ROE 11
4. FREE CASH FLOW, CFFO/NI 189%
5. DIVIDEND YIELD 0.06
6. NTA RM0.97, P/NTA 0.74
7. EV/EBIT 3.45
8. EARNING YIELD 29%
9. PRICE/BOOK VALUE 0.74

ANY SECOND THOUGHTS?


Not bad a company. but you have to look at average for the last few years, which I believe is still good.
11/11/2013 13:48

Posted by sephiroth > 2013-11-11 16:07 | Report Abuse

volume normally 3 digit, now 4 digit, good sign
uptrend i guess, gonna break 52 week high 0.80 tomorrow

Posted by faberlicious > 2013-11-11 17:27 | Report Abuse

sephiroth,how u know dividend 6 sen nxt yr? based on last yr ?

Posted by sephiroth > 2013-11-11 18:35 | Report Abuse

yes, faberlicious
2010 profit 10.6 sen give 6 sen dividend
2011 profit 5.1 sen give 4 sen dividend
2012 profit 11 sen give 6 sen dividend
2013 1st half profit 3.7 sen, full year maybe give 5-6 sen dividend

Posted by faberlicious > 2013-11-11 19:00 | Report Abuse

I see,thanks seph.

Posted by jennylee1382 > 2013-11-14 11:24 | Report Abuse

sephiroth

Posted by jennylee1382 > 2013-11-14 11:25 | Report Abuse

sephiroth if this counter at 0.75 is a good buy price

Posted by sephiroth > 2013-11-15 19:04 | Report Abuse

jenny, can buy below 78 sen
latest 4 quaters results, to note the uptrend in profit
4Q12 RM2.51m
1Q13 RM1.75m
2Q13 RM7.46m
3Q13 RM8.64m

Posted by sephiroth > 2013-11-15 19:14 | Report Abuse

NAV increase to 0.99
Cash increase q-o-q
from RM101.188m (41 sen per share) to RM110.465m (44.75 sen per share)
Final dividend to be announce on 4Q13 (Feb 2014)

Posted by faberlicious > 2013-11-18 07:59 | Report Abuse

yeah,like kcchongnz said,not a bad company at all. With that much cash it can good dividends for years to come.

Posted by sephiroth > 2013-11-22 11:20 | Report Abuse

volume seems to have increase a tiny bit from 2-3 digit per day to now 4 digit, prelude to uptrend???

Posted by ladzatz > 2013-11-24 02:33 | Report Abuse

distribution...result are poorer than previous quarter ma...but u may be right about the dividen..however people have already anticipated it when it was under 69 cents...cuba lu tambah 6 cents...berapa dapat? = 75 cents...itu harga 75 cents ialah harga yg dia main sekalang dalam 2 minggu..wa pu tak tau apa boleh belaku...bye

Posted by sephiroth > 2013-12-01 11:43 | Report Abuse

Posted by kcchongnz > Dec 1, 2013 05:24 AM | Report Abuse

FPI and The Gordon constant Growth Model

The intrinsic value of a stock can be estimated by discounting a future series of dividends that grow at a constant rate in perpetuity to the present value.

Price P = D / (k-G)

Where:
D = Expected dividend per share one year from now
k = Required rate of return for equity investor
G = Growth rate in dividends (in perpetuity)
For FPI, let us use a required rate of return k=10%
G=4% in accordance to the rate of inflation

Hence P = 0.06 * (1+4%) / (10%-4%) = 1.04

1. Is the required rate of return reasonable?
2. Is the growth rate of 4% for dividend for FPI reasonable?

FPI has a clean balance sheet with an excess cash of 21 sen per share. It has shown to have consistent earnings and cash flow every year. For the last 10 years, the dividend of FPI has grown from 3 sen to 6 sen last year, or a compounded annual growth rate of 7%.

However the dividend payment has not been a consistent growth.

Posted by polyester > 2013-12-20 16:37 |

Post removed.Why?

Posted by sephiroth > 2013-12-20 16:39 | Report Abuse

yes, that's why, i simpan dulu, feb 2014 propose 5-6 sen dividend

Posted by 林俊松 > 2013-12-26 09:00 | Report Abuse

sephiroth, can I enter FPI now?
Undervalue & worth to purchase?

Posted by i3i2i1 > 2013-12-26 09:46 | Report Abuse

sephiroth, wat is your TP?

Posted by sephiroth > 2013-12-26 09:47 | Report Abuse

at least 85

Posted by sephiroth > 2013-12-26 09:50 | Report Abuse

good luck buying coz shareholders who bought 70-75 are not gonna sell coz the div yield is 8 to 8.5%, months ago i queue for almost whole day only can grab some

Posted by 林俊松 > 2013-12-26 09:51 | Report Abuse

I'm still queuing but nobody is selling.
=(

Posted by choonhock > 2013-12-26 09:59 | Report Abuse

I manage to grab it at 68 cent 3 months ago. :) . you got to be patient.

Posted by JXRepcoBuffet > 2013-12-30 16:42 | Report Abuse

hi Sephiroth, the par value of this share is 50sen, shouldn't the dividend yield divided by half? correct me if i'm wrong, thanks.

Posted by leelc70 > 2013-12-31 16:35 | Report Abuse

div yield is base on div received devided by share price

Posted by miketyu > 2013-12-31 16:37 | Report Abuse

Director selling. Check company announcement

Posted by miketyu > 2013-12-31 16:38 | Report Abuse

In fact, he has been selling since november. maybe he knows something we dont?

Posted by sephiroth > 2013-12-31 16:41 | Report Abuse

woah, very 'takut' , everyone pls sell and drag down the price to 65 plz

Posted by faberlicious > 2013-12-31 17:26 | Report Abuse

maybe he needs the moolah to buy that very expensive pearl necklace for da mistress, lol. :-)

Posted by leelc70 > 2013-12-31 21:34 | Report Abuse

if middle management selling sell i more scare, if the selling but not affecting their holding position like faberlicious said to buy neclace for mistress shall be no problem.

Posted by choonhock > 2014-01-02 20:43 | Report Abuse

The director hold 7.22% of the stock. May be he want pull out his share from malaysia。

Posted by sephiroth > 2014-01-08 15:09 | Report Abuse

suddenly green liao

Posted by sephiroth > 2014-01-08 16:49 | Report Abuse

breakout??

Posted by sephiroth > 2014-01-09 12:22 | Report Abuse

0.80 liao, at 52 week high, something brewing