FORMOSA PROSONIC INDUSTRIES

KLSE (MYR): FPI (9172)

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Last Price

2.78

Today's Change

+0.01 (0.36%)

Day's Change

2.76 - 2.78

Trading Volume

201,500


8 people like this.

3,132 comment(s). Last comment by carilembu 2 days ago

brian3381

1,888 posts

Posted by brian3381 > 2021-06-27 10:20 | Report Abuse

If u bought 150. Drop to 0.01sen. Means u toh sui lat loh. Stil need to argue? Haha

brian3381

1,888 posts

Posted by brian3381 > 2021-06-28 14:37 |

Post removed.Why?

brian3381

1,888 posts

Posted by brian3381 > 2021-06-28 17:14 |

Post removed.Why?

brian3381

1,888 posts

Posted by brian3381 > 2021-06-28 23:25 |

Post removed.Why?

uptrending

1,852 posts

Posted by uptrending > 2021-06-29 06:08 | Report Abuse

A bullish hammer @28062021

uptrending

1,852 posts

Posted by uptrending > 2021-06-29 06:17 | Report Abuse

https://simplywall.st/stocks/my/consumer-durables/klse-fpi/formosa-prosonic-industries-berhad-shares

Fair value rm7.69, using DCF valuation, according to simplywall.st

Amazing

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-06-29 08:37 |

Post removed.Why?

brian3381

1,888 posts

Posted by brian3381 > 2021-06-29 09:22 |

Post removed.Why?

uptrending

1,852 posts

Posted by uptrending > 2021-06-29 12:00 | Report Abuse

Any one attended the Live Streaming AGM successfully, please help to update.

Thank you.

JKing

239 posts

Posted by JKing > 2021-06-29 19:26 | Report Abuse

Key take away point
1) actively in discussion with Wistron to have a vertical integration operation in the NEAR future. Mentioned twice in the agm
2) suppose result is super good for quarter 2 however due to fmco , some impact is expected. However very healthy order book for 2021.
3) secure new customer but cannot move on due to fmco
4) sonos is Wistron customer therefore not appropriate for FPI to comment.
5) in plan to reduce labour via machinery and automation, show some success with year 2020 sale is same with 2019 but no. If employee drop.
6) working on to provide manufacturing for earphone or headphone product.
7) some challenges in supply chain during fmco but still about to fulfill customer and market demand.

uptrending

1,852 posts

Posted by uptrending > 2021-06-30 09:08 | Report Abuse

Thanks Jking.
Excellent!

cwc1981

1,423 posts

Posted by cwc1981 > 2021-06-30 09:49 | Report Abuse

Wah Thanks Jking

harmie

24 posts

Posted by harmie > 2021-06-30 10:51 | Report Abuse

Thanks JKing

Posted by pinnaclegrade > 2021-06-30 11:23 | Report Abuse

waiting for good entry ..

Posted by tctan070708 > 2021-06-30 12:46 | Report Abuse

Many Thanks JKing for your report.

lim6448

5 posts

Posted by lim6448 > 2021-06-30 12:53 | Report Abuse

Thanks JKing

cwc1981

1,423 posts

Posted by cwc1981 > 2021-07-03 20:25 | Report Abuse

Factories in Selangor including E&E not allow to operate. Does it impact FPi?

Posted by danielong1982 > 2021-07-04 12:58 | Report Abuse

guess won be able to operate. maybe good chance for top up again.

Posted by Mr.Sm Invest123 > 2021-07-04 17:24 | Report Abuse

Fundamental n netcash

alien86

7 posts

Posted by alien86 > 2021-07-08 10:34 | Report Abuse

I notice that the daily chart looks like forming an inverse H&S. Any comment?

cwc1981

1,423 posts

Posted by cwc1981 > 2021-07-12 13:15 | Report Abuse

Oh shit 2.6

Posted by danielong1982 > 2021-07-12 14:52 | Report Abuse

set to top up some again.

Jeffson87

281 posts

Posted by Jeffson87 > 2021-07-15 11:45 | Report Abuse

FPI is in Klang, Sg Petani & Taiwan. Gogogo.

Jeffson87

281 posts

Posted by Jeffson87 > 2021-07-19 22:59 | Report Abuse

Woi Pangsat don't come here la.. Hahaha

Jeffson87

281 posts

Posted by Jeffson87 > 2021-07-21 22:11 | Report Abuse

I'm a investor. Not contra kaki like u hor. I'm still holding FPI for long term. Haha

Posted by danielong1982 > 2021-08-03 16:43 | Report Abuse

these 2 days good performance

cwc1981

1,423 posts

Posted by cwc1981 > 2021-08-03 17:28 | Report Abuse

End month release 2nd Quarter result?

JKing

239 posts

Posted by JKing > 2021-08-05 11:26 | Report Abuse

2nd quarter result is expected in between 5-7 cent eps. If not FMCO it should be 8 cent eps. With the lowest of 5 cent fist half is 13 cent eps

JKing

239 posts

Posted by JKing > 2021-08-05 11:27 | Report Abuse

This is the reason some accumulation is here

Sardin

840 posts

Posted by Sardin > 2021-08-06 22:44 | Report Abuse

Hi JKing, mind to share the criteria you used to estimate the 5-7 cents EPS? Thanks

JKing

239 posts

Posted by JKing > 2021-08-06 23:18 | Report Abuse

April and May 2 cent eps each, base on first quarter volume even MD mentioned was better compare with 1st qtr. June 1 cent due to FMCO 60% capacity. 1-2 cent forex gain as USD strength in 2nd qtr. this level of earning will support fpi at rm3.50.

hoot9yi

5 posts

Posted by hoot9yi > 2021-08-09 00:20 | Report Abuse

time to go up more ?

cwc1981

1,423 posts

Posted by cwc1981 > 2021-08-09 08:37 | Report Abuse

Market sentiment not good. See our politicians

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-08-09 08:51 |

Post removed.Why?

Sardin

840 posts

Posted by Sardin > 2021-08-09 18:43 | Report Abuse

Thanks JKing

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-08-10 08:52 |

Post removed.Why?

JKing

239 posts

Posted by JKing > 2021-08-11 18:31 | Report Abuse

Today fpi make a good move. Buyer loss patient as seller is limited therefore buyer will have to push the price to be able to accumulate more. A good indication and sign that buyer are rushing in to get a sizeable share on fpi

Moolala

183 posts

Posted by Moolala > 2021-08-11 18:43 | Report Abuse

I think insiders are buying, possibly good qr coming up

JayC88

898 posts

Posted by JayC88 > 2021-08-11 19:45 | Report Abuse

whens qr expected?

Jeffson87

281 posts

Posted by Jeffson87 > 2021-08-11 20:02 | Report Abuse

Historical Q2 released hope 13 - 22 August. Let's hope for good news. By the way, does anyone know if FPI speaker cater for automotive or not?

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-08-12 08:12 |

Post removed.Why?

JKing

239 posts

Posted by JKing > 2021-08-12 22:35 | Report Abuse

Fpi not involve in automotive. Margin is low and not an easy sector to compete in. Anyway fpi is close to 100% capacity, so fpi has the benefit to choose for high margin product and customer

Jeffson87

281 posts

Posted by Jeffson87 > 2021-08-13 09:37 | Report Abuse

I was thinking if Bose is one of the major clients, possible for FPI to produce oem car speaker for them. In terms of customer selection, I believe FPI is some sort like Greatech whereby concentrated over 3 major clients.

Posted by wallstreetrookie > 2021-08-13 09:38 | Report Abuse

Lol you are wrong.

Jeffson87

281 posts

Posted by Jeffson87 > 2021-08-13 10:50 | Report Abuse

Rookie taiko, any valuable insight to share?

skel27

23 posts

Posted by skel27 > 2021-08-14 13:50 | Report Abuse

Fpi management already stated in agm 2 yrs ago, not looking into automotive speakers.

JKing

239 posts

Posted by JKing > 2021-08-19 17:24 | Report Abuse

Fpi 9 cent eps, beyond the max expectation. New valuation target price Rm4

goldeneye

33 posts

Posted by goldeneye > 2021-08-19 17:30 | Report Abuse

Wow. Really above expectation. A stock should worth more than 1bil market cap.

amateurJR

2,366 posts

Posted by amateurJR > 2021-08-19 17:54 | Report Abuse

Wah the real undervalue stock. Believe the integration Wistron has helped alot.

Moolala

183 posts

Posted by Moolala > 2021-08-19 18:04 | Report Abuse

should be at least double current market cap, if compared to peers

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