Posted by investortrader88 > 2021-09-03 17:59 | Report Abuse

Formosa Prosonic Industries Berhad, together with its subsidiaries, designs, manufactures, and markets sound system products in Malaysia. The company offers wireless speakers; conventional speaker products, including home audio, home theatre audio, speaker unit, and plastic injection products, as well as custom installation services; and musical instruments, such as pianos, guitar amplifiers, and drums. It also provides original equipment manufacturing and original design manufacturing services for woodworking, plastic injection, driver units, and PCB assembly and finished-products assembly. Formosa Prosonic Industries Berhad was founded in 1989 and is headquartered in Port Klang, Malaysia.

Posted by investortrader88 > 2021-09-03 18:01 | Report Abuse

http://www.fp-group.com/prosonic/formosa-prosonic-industries-berhad.html

Posted by tradesafely > 2021-09-03 19:13 | Report Abuse

hodl

Posted by Jeffson87 > 2021-09-03 19:32 | Report Abuse

Yes, hold it for long term. This is value investment quality stock. Wireless speaker is E&E industries. The PE is still relatively low in comparison with EMS stock averaging PE20. Furthermore FPI total shares is only 240m+. Hopes everyone continues to HUAT.

Posted by goldeneye > 2021-09-03 20:09 | Report Abuse

Rm8-10 possible in near future

Posted by Jeffson87 > 2021-09-03 20:44 | Report Abuse

Pang, u so bullish.. Reminded me of Kpower previous price rally.. Haha hope u HUAT too

Posted by investortrader88 > 2021-09-04 12:00 | Report Abuse

Formosa Prosonic Industries Berhad, together with its subsidiaries, designs, manufactures, and markets sound system products in Malaysia. The company offers wireless speakers; conventional speaker products, including home audio, home theatre audio, speaker unit, and plastic injection products, as well as custom installation services; and musical instruments, such as pianos, guitar amplifiers, and drums. It also provides original equipment manufacturing and original design manufacturing services for woodworking, plastic injection, driver units, and PCB assembly and finished-products assembly. Formosa Prosonic Industries Berhad was founded in 1989 and is headquartered in Port Klang, Malaysia.

Industry: Consumer Electronics

Sector: Consumer Durables

@ CASH & SHORT TERM INVESTMENT RM 77.5 MILLION

+ RECEIVABLES RM 157.5 MILLION

- FPI IS DEBTS FREE

= NETT CASH RM 235 MILLION


@ LONG TERM & OTHER ASSESTS RM 162.4 MILLION

@ PE 12.5 ( 3 /9/2021 )

@ NTA RM 1.39

@ EPS 33.06

@ ROCE ( 25.2 % LAST YEAR ) / ( 8.2 %3 YEARS AGO )

@ SHARE PRICE LOWEST RM 0.30 YEAR 1997 / HIGHEST RM 4.17 YEAR 2022

@ DIV LAST 5 YRS 2.88 % - 5.04 %

@ MARKET CAP RM 1031.5 MILLION

@ SHARES ( MIL ) 247.36


@ Year 2016 revenue RM 343.8 million * profit RM 13.5 million

@ Year 2017 revenue RM 462.6 million * profit RM 42.3 million

@ Year 2018 revenue RM 560.5 million * profit RM 36.6 million

@ Year 2019 revenue RM 766 2 million* profit RM 41.8 million

@ Year 2020 revenue RM 766 million * profit RM 51.9 million

@ Earnings have grown significantly by 20.7% per year over the past 5 years.




#Dislaimer : Not a buy or sell call.Trade at your own risk . For investment advice kindly refer to your investment bank or your remisier.Thank you.

Posted by JKing > 2021-09-05 19:23 | Report Abuse

Fpi is now at full capacity after completed 100% vaccine of all staff. It is catching up the backlog order book overdue for 6 months. Do expect good performance in the coming quarters.

Posted by Jeffson87 > 2021-09-06 08:52 | Report Abuse

Historically Q3 is always the strongest. Let's see if it will outperform again. Resilience in holding is the key. Cheers

Posted by donald770 > 2021-09-06 21:53 | Report Abuse

Compared with its peers like pie n skp which have pe of about 18. Fpi is deserve same or better higher pe as it has better dividend. Assuming pe of 18 for fpi it is worth 5900.

Posted by Jeffson87 > 2021-09-09 09:52 | Report Abuse

These few days so quiet. Contrarian flushed out?

Posted by gohkimhock > 2021-09-09 11:10 | Report Abuse

i am actually targeting RM7 for this counter. I dont think that is too much..

Posted by donald770 > 2021-09-09 19:57 | Report Abuse

wow!

Posted by cwc1981 > 2021-09-09 21:39 | Report Abuse

Good

Posted by danielong1982 > 2021-09-10 09:31 | Report Abuse

very strong today.

Posted by troy88 > 2021-09-10 09:31 | Report Abuse

Well done. New high!

Posted by Jeffson87 > 2021-09-10 09:37 | Report Abuse

Congrats everyone. Continue to hold for long term. Limited shares available. Cheers

Posted by troy88 > 2021-09-10 09:42 | Report Abuse

Yes, Jeffson. Long term holders will be rewarded

Posted by Jeffson87 > 2021-09-10 09:58 | Report Abuse

Hold 10years TP rm15 haha. 15%CAGR

Posted by investortrader88 > 2021-09-10 10:19 | Report Abuse

Congrats everyone.huat ahhhh !

Posted by millionology > 2021-09-10 10:31 | Report Abuse

why suddenly up >10% ? any insider news?

Posted by Jeffson87 > 2021-09-10 10:38 | Report Abuse

Sometimes No news is good news. Huat

Posted by cwc1981 > 2021-09-10 12:25 | Report Abuse

Will it become 2 billion market cap company?

Posted by Jeffson87 > 2021-09-10 14:36 | Report Abuse

Pang. We where got Conmen. TP rm15 within 10years OK la. This is based on CAGR 15%. Actually FPI is running at 20%+ CAGR. RM 15 is conservative liao. Haha

Posted by troy88 > 2021-09-10 15:05 | Report Abuse

Rested enough past few days now bullet train has departed..

Posted by Bleh > 2021-09-10 15:16 | Report Abuse

I just want to say my cost was 1.6

Posted by Jeffson87 > 2021-09-10 15:31 | Report Abuse

Your perseverance for holding since rm1. 60 is being rewarded. Continue to hold. Huat

Posted by TheThird > 2021-09-10 17:44 | Report Abuse

congrats! my cost rm3. i just sold today to lock in some profit. ill buy back if price dips

Posted by Mr.Sm Invest123 > 2021-09-11 00:00 | Report Abuse

Congrats to all buddies !
Good growth ahead + High-Dividend Stock
Please hold tight ! Next TP should be no problem hit R5.00 by this end of month.
We Love FPI

Posted by JayC88 > 2021-09-11 08:40 | Report Abuse

f eps 40, pe 20, tp 8

Posted by Mr.Sm Invest123 > 2021-09-11 09:26 | Report Abuse

热门股:台湾联友 上挑RM5.03
Author: Tan KW | Publish date: Sat, 11 Sep 2021, 8:04 AM


台湾联友（FPI，9172，主板消费股）的日线股价趋势，于9月10日显现一段技术反弹走势，闭市时报4.55令吉，按日涨48仙或11.79%。短期间该股或会上挑4.56-5.03令吉水平。

10/9/21行情

闭市：4.55令吉

起落：+48仙

成交量：44,796宗

最高：4.62令吉

最低：4.09令吉

本益比：21.667倍

毛周息率：3.077%

52周最高：4.62令吉

52周最低：1.43令吉

https://www.enanyang.my/行家论股/热门股台湾联友-上挑RM5.03

Posted by Mr.Sm Invest123 > 2021-09-11 23:35 | Report Abuse

NOSH: 247 Million Only

Hope Bonus issue

Posted by Mr.Sm Invest123 > 2021-09-12 00:26 | Report Abuse

https://www.researchandmarkets.com/reports/4591967/bluetooth-speaker-market-growth-trends-covid

Posted by cwc1981 > 2021-09-12 17:00 | Report Abuse

Tomorrow any idea?

Posted by Mr.Sm Invest123 > 2021-09-12 17:27 | Report Abuse

cwc1981 @ tomorrow TP 热门股:台湾联友 上挑RM5.03

Posted by cwc1981 > 2021-09-12 20:38 | Report Abuse

wah thanks

Posted by cwc1981 > 2021-09-12 20:39 | Report Abuse

anyone have any idea what is this FOrmosa Prosonic Chemical doing?

Posted by cwc1981 > 2021-09-12 20:40 | Report Abuse

under FPI too?

Posted by JKing > 2021-09-12 21:32 | Report Abuse

Formosa prosonic chemical is not related to fpi

Posted by JKing > 2021-09-12 21:32 | Report Abuse

You visited the factory in Klang?

Posted by cwc1981 > 2021-09-12 22:05 | Report Abuse

Haha JKing I'm not from Selangor

Posted by cwc1981 > 2021-09-12 22:41 | Report Abuse

Formosa Prosonic Chemicals Sdn Bhd is an enterprise located in Malaysia, with the main office in Port Klang. It operates in the Paint and Coating Manufacturing industry. It was first established on December 08, 1989.

Posted by cwc1981 > 2021-09-12 22:45 | Report Abuse

Copy from Formosa Prosonic Chemical company description

Posted by Mr.Sm Invest123 > 2021-09-12 23:08 | Report Abuse

FPC vs FPI not related

Posted by cwc1981 > 2021-09-13 08:08 | Report Abuse

That mean is just similar name only la

Posted by cwc1981 > 2021-09-13 08:09 | Report Abuse

Different owner

Posted by Bgt 9963 > 2021-09-13 08:43 | Report Abuse

Good dividend...

Posted by Jeffson87 > 2021-09-13 11:28 | Report Abuse

Not much info found for Formosa Prosonic Chemical. However both of its factory in Klang & Kedah is located side by side with FPI. Could be private company of certain director. Probably outsourced to provide painting job etc.

Posted by fhlan33 > 2021-09-13 12:21 | Report Abuse

4.24 still can buy ?

Posted by Jeffson87 > 2021-09-13 13:07 | Report Abuse

I Just top up abit. Fundamental unchanged. Stay strong, stay safe.