FPI is controlled by giant Taiwanese EMS co, Wistron, who is doing many i products for AAPL. A New lifestyle is to talk to smart speakers by FPI. In an efficient mkt, this stock can go limit.up easily.
The rebound is good, do consider only when it dips ...
The main reason for FPI re-rating is due to commencement of NEW business begin last year 2020. These new business is partner with its major shareholder Wistron on venture into electronic Print circuit board.
These is on top of exiting business on bluetooh/wireless audio system which is essential item in PC, and old musical audio system. Therefore, FPI now is part of global electronic supply chain. It share price will mimic performance alike inari, broken RM 3.00 major resistance and then continue outperform
FPI started venture into PCB with its major shareholder Wistron in 2019, but reach mass production in 2020. These revenue fall under inter-related party transaction, about 1/3 of FPI entire revenue.
hng33, I think Wistron bought the factory 100%, so far no report regarding FPI involving in PJ factory though... and surprisingly why would FPI be 70% in PJ factory?
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....
bwho
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Posted by bwho > 2021-01-26 20:37 | Report Abuse
FPI results will be out on aound 20th FEB