Posted by cwc1981 > 2021-11-16 13:48 | Report Abuse

Seems like bleeding stop

Posted by Kalvin9663 > 2021-11-16 16:00 | Report Abuse

opt in today @ 3.81

coming up qr report should be good, base on the last qr inventory increase

Posted by cwc1981 > 2021-11-16 16:12 | Report Abuse

If earning from operations decrease, there are some contribution from disposed of subsidiary in July 2021

Posted by sweetpotato > 2021-11-17 11:11 | Report Abuse

I believe in fundamentals and value. hope to see good QR. wishing all PFI shareholders best of luck.

Posted by Sardin > 2021-11-17 12:00 | Report Abuse

There might be back log in Q3 due to MCO but one of the main customers commented that Malaysia factory is recovering better than expected. Actually, most of the FPI's customers feel that demand for audio electronics are still very strong. Some even got positive response from stock market where they are listed when they increase the selling price of their product recently. So the worse thing could be Q3 profit not as good as Q2 but is still delivering decent profit and Q4 will be the best ever quarter that we have not seen before. Don't forget that Sonos plan to double their size by year 2024. Check this out: https://www.bloomberg.com/news/articles/2021-03-09/sonos-targets-annual-revenue-growth-to-2-25-billion-by-2024 Therefore be far sighted if you are really investing into fundamentals and long-term gain.

Posted by cwc1981 > 2021-11-17 12:07 | Report Abuse

Yup FPI with good fundamentals

Posted by goldeneye > 2021-11-17 15:39 | Report Abuse

Good time to top up and wait for explosive growth.

Posted by donald770 > 2021-11-17 17:30 | Report Abuse

Count me in.

Posted by cwc1981 > 2021-11-18 11:48 | Report Abuse

ESos again. Result should be ok

Posted by yatlokfatt > 2021-11-18 14:18 | Report Abuse

Hope market can absorb this additional Esos.

Posted by cwc1981 > 2021-11-18 15:23 | Report Abuse

Should be

Posted by blackchicken > 2021-11-18 17:56 | Report Abuse

Good QR

Posted by goldeneye > 2021-11-18 17:56 | Report Abuse

QR result not bad. Still can maintain even during MCO

Posted by nigel foo > 2021-11-18 17:57 | Report Abuse

good result

Posted by amateurJR > 2021-11-18 17:59 | Report Abuse

Very good result. Still undervalue.

Posted by roulette811 > 2021-11-18 18:04 | Report Abuse

agree. kept to 3rd qtr being the highest (albeit not as high). and definitely makes achieving 80m very reachable.

Posted by blackchicken > 2021-11-18 18:11 | Report Abuse

Its PE should be over 20 because it is a fundamentally good tech stock.

Posted by changyl > 2021-11-18 18:18 | Report Abuse

Good QR, just checked detail... "gain on disposal of property of RM5.6 million".

Posted by Dakewlest > 2021-11-18 18:23 | Report Abuse

Not a bad QR. Still untung. Anyone know whether fpi has dividend policy?

Posted by KeepMoving > 2021-11-18 18:46 | Report Abuse

buy now or forever hold your peace! at least not making losses like ATA..

Posted by KeepMoving > 2021-11-18 18:47 | Report Abuse

no dividend policy but the payout keep increasing. maybe coming one is 20c??

Posted by cwc1981 > 2021-11-18 18:50 | Report Abuse

Compared to last year 3 quarter made 16 cents. This year 28 cents

Posted by cwc1981 > 2021-11-18 18:51 | Report Abuse

Take away the one off gained still better than last year

Posted by KeepMoving > 2021-11-18 19:35 | Report Abuse

FPI zero debt and net cash RM215m or RM0.85/share, pay 20 cents per year also can sustain dividend for 4 years if close shop today :)

Posted by gemfinder > 2021-11-18 20:07 | Report Abuse

Got disposal gain of 5.6m ka. Then qoq red loh. Might selldown tomorow

Posted by cwc1981 > 2021-11-18 20:11 | Report Abuse

Sell down like ATA?????

Posted by gemfinder > 2021-11-18 20:11 | Report Abuse

No sharp down la. But stil down

Posted by Dakewlest > 2021-11-18 20:17 | Report Abuse

3Q profit is RM24.9 mil. If we exclude RM5.6 mil, still profit at RM19.3 mil.

Posted by Aero1 > 2021-11-18 20:19 | Report Abuse

got also One off ESOS expense 6.3 mil hehehe

Posted by Lamshuntee > 2021-11-18 20:23 | Report Abuse

@gemfinder.
please read The QR carefully before spread fear. TQ.
U overlook the share option expenses ? 6.26M
Haha

Posted by vision912 > 2021-11-18 20:23 | Report Abuse

results look promising. I think anything below rm3.8 can buy tomorrow

Posted by Angel of KLSE 大马股仙 > 2021-11-18 22:38 | Report Abuse

5.6m disposal gain, 6.3m esos expense, where is esos excercise income?

Posted by Angel of KLSE 大马股仙 > 2021-11-18 22:40 | Report Abuse

Oh, sorry, esos excercise income is in Q4.

Posted by Angel of KLSE 大马股仙 > 2021-11-18 22:42 | Report Abuse

Why other income is 10.255m? Other income = 5.6m disposal gain + ???

Posted by blackchicken > 2021-11-18 22:55 | Report Abuse

https://www.theedgemarkets.com/article/formosa-prosonic-3q21-profit-slips-sees-impact-supply-chain-disruptions-rising-commodity

Posted by lucky8 > 2021-11-18 22:56 | Report Abuse

come 3.00, i need to buy some

Posted by blackchicken > 2021-11-18 22:58 | Report Abuse

The stock price declined from 4.40 to 3.80 recently, so there is no reason for it to go down further.

Posted by JKing > 2021-11-19 00:14 | Report Abuse

With the gain on disposal offset with esos expense adjustment net profit of 25.6mil vs preceding year of 25.8m in view of July and Aug production capacity was cap to 80% due to fmco, fpi is deem to exceed expectation result. With the prospect of prevailing sale order book, the 4th quarter is expected to be the record quarter earning. Target price is adjusted upward to above RM5. The target price is take into consideration that fpi is now running on 24/7 since September 2021.

Posted by KeepMoving > 2021-11-19 08:52 | Report Abuse

TOP 3.95

Posted by cwc1981 > 2021-11-19 09:09 | Report Abuse

Already above 4

Posted by Primeinvestor > 2021-11-19 09:13 | Report Abuse

still cheap, if you look at their client presentation, last quarter they operated at 60% capacity, this quarter going into 100%, RM30m minimum next quarter

Posted by cwc1981 > 2021-11-19 09:27 | Report Abuse

40 cents full year profits?

Posted by cwc1981 > 2021-11-19 09:29 | Report Abuse

Still PE is 10

Posted by cwc1981 > 2021-11-19 09:29 | Report Abuse

Cheap

Posted by mantua39 > 2021-11-19 09:33 | Report Abuse

EPS 2021 40c, 2022 45-50c. Apply P/E of 12 to set realistic target 510-600!

Posted by Thirai Thiraviam > 2021-11-19 10:34 | Report Abuse

Given the rather stellar Q3, I still wonder why the price dropped so precipitously a few days back, by over 15% in a couple of days!

Posted by Aero1 > 2021-11-19 10:44 | Report Abuse

because fear of another ata lor

Posted by danielong1982 > 2021-11-19 11:12 | Report Abuse

good for those who holds. long term wise speaker market is expected to continue grow.

Posted by cwc1981 > 2021-11-19 15:58 | Report Abuse

Seems like going to take some time before recover to pre ATA result

Posted by Angel of KLSE 大马股仙 > 2021-11-19 17:00 | Report Abuse

Who are those farters keep selling?