FORMOSA PROSONIC INDUSTRIES

KLSE (MYR): FPI (9172)

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Last Price

2.77

Today's Change

-0.12 (4.15%)

Day's Change

2.72 - 2.81

Trading Volume

2,881,600


8 people like this.

3,131 comment(s). Last comment by yongyong88 10 hours ago

donald770

278 posts

Posted by donald770 > 2021-12-19 17:55 | Report Abuse

The massive flood caused damage to the factory? Anyone got info? Thanks

cwc1981

1,397 posts

Posted by cwc1981 > 2021-12-19 21:03 | Report Abuse

Usually factory will have a higher ground level foundation to accommodate the machinery requirements like under ground cables and maintain stability. Also because of the equipments and inventories weigh. But not sure about FPI

cwc1981

1,397 posts

Posted by cwc1981 > 2021-12-19 21:04 | Report Abuse

Maybe some area like parking or canteen that doesn't need to accommodate any excessive weigh maybe on lower ground

iswara

896 posts

Posted by iswara > 2021-12-21 00:07 | Report Abuse

just concern those products ready to shipout affected.

Posted by Want2MakeMoney > 2021-12-21 00:15 | Report Abuse

Go Ask Ah Koon if he knows if factory flooded. He said Hiap Teck flooded. Nobody asked him, but he is always Kei Poh writing article and mostly rubbish to mislead people

donald770

278 posts

Posted by donald770 > 2021-12-21 08:38 | Report Abuse

Thanks gentlemen for your info

Moolala

182 posts

Posted by Moolala > 2021-12-24 16:57 | Report Abuse

heard from source that factory is ok, but some workers affected

blackchicken

1,220 posts

Posted by blackchicken > 2021-12-24 19:52 | Report Abuse

AmInvest ‘Overweight’ call on tech sector

https://themalaysianreserve.com/2021/12/24/aminvest-overweight-call-on-tech-sector/

cwc1981

1,397 posts

Posted by cwc1981 > 2021-12-31 18:31 | Report Abuse

Happy New Year to all.

Sardin

838 posts

Posted by Sardin > 2021-12-31 22:15 | Report Abuse

Happy New Year

JKing

239 posts

Posted by JKing > 2022-01-02 22:17 | Report Abuse

Fpi factory in klang not affected by flood

donald770

278 posts

Posted by donald770 > 2022-01-03 10:13 | Report Abuse

Thanks for your info!!!

cwc1981

1,397 posts

Posted by cwc1981 > 2022-01-03 10:43 | Report Abuse

Thanks Jking

blackchicken

1,220 posts

Posted by blackchicken > 2022-01-03 13:36 | Report Abuse

Economic Focus - Manufacturing sector grew at quicker pace in December - http://www.theedgemarkets.com/article/manufacturing-sector-grew-quicker-pace-december

papaxs

28 posts

Posted by papaxs > 2022-01-03 21:01 | Report Abuse

Anyone knows when will fpi issue dividend for 2022?

cwc1981

1,397 posts

Posted by cwc1981 > 2022-01-04 09:27 | Report Abuse

Usually anounce in February

donald770

278 posts

Posted by donald770 > 2022-01-04 20:21 | Report Abuse

Around end of February.

cwc1981

1,397 posts

Posted by cwc1981 > 2022-01-06 15:46 | Report Abuse

Since get dragged by ATA IMS. Lost momentum

Sardin

838 posts

Posted by Sardin > 2022-01-06 15:52 | Report Abuse

Hope to get at least 25 sen dividend

cwc1981

1,397 posts

Posted by cwc1981 > 2022-01-06 16:08 | Report Abuse

I wish so. But I think a bit difficult bro

cwc1981

1,397 posts

Posted by cwc1981 > 2022-01-06 16:08 | Report Abuse

Hope for 20 cents 1st

donald770

278 posts

Posted by donald770 > 2022-01-06 19:24 | Report Abuse

A rough calculation n estimate the dividend would be around 24cts

donald770

278 posts

Posted by donald770 > 2022-01-06 19:47 | Report Abuse

If the 24cts materialize , assign 4%yield for it,it means the value is RM6000.Your take.

cwc1981

1,397 posts

Posted by cwc1981 > 2022-01-06 20:08 | Report Abuse

If this is true. Then very gooddddd

blackchicken

1,220 posts

Posted by blackchicken > 2022-01-10 13:48 | Report Abuse

Malaysia’s manufacturing sales value grows 18.8% to RM142.4b in November 2021 https://www.theedgemarkets.com/article/malaysias-manufacturing-sales-value-grows-188-rm1424b-november-2021

cwc1981

1,397 posts

Posted by cwc1981 > 2022-01-11 17:36 | Report Abuse

Koyak

blackchicken

1,220 posts

Posted by blackchicken > 2022-01-12 18:52 | Report Abuse

Emerging Markets - Asian FX and stocks climb as Powell brings no surprises https://www.theedgemarkets.com/article/asian-fx-and-stocks-climb-powell-brings-no-surprises

cwc1981

1,397 posts

Posted by cwc1981 > 2022-01-13 14:50 | Report Abuse

Just curious. Does metaverse benefits audio manufacturers?

smoking

90 posts

Posted by smoking > 2022-01-13 19:58 | Report Abuse

Unlikely/very minimal

cwc1981

1,397 posts

Posted by cwc1981 > 2022-01-14 06:01 | Report Abuse

O thanks

donald770

278 posts

Posted by donald770 > 2022-01-16 06:50 | Report Abuse

Amid technology rout,the center problem is technology overvalued concern. The silver lining is this fpi is the right candidate for consideration. It pe is about 10 n prospective dividend is high, may fetch more than 6.Your take?

cwc1981

1,397 posts

Posted by cwc1981 > 2022-01-16 19:10 | Report Abuse

Hi Donald770, never really look tech stock PE because not interested. Just know Genetec an engineering fabricator for Tesla shot to the sky. No idea y

Posted by Desmond_of_KLSE > 2022-01-21 08:32 | Report Abuse

people always say wistron gives FPI orders, but why wistron buys big factory at PJ? don't you think wistron is actually competing with FPI for the same customers?

Sardin

838 posts

Posted by Sardin > 2022-01-21 12:16 | Report Abuse

Hi Desmond, then, why Wistron bought up big shares of FPI?

Sardin

838 posts

Posted by Sardin > 2022-01-21 12:20 | Report Abuse

And why Wistron has to compete with FPI at the same place here at Malaysia? Furthermore both are Taiwanese companies. Normally Taiwanese companies are known to cooperate with each other rather than competing with each other.

cwc1981

1,397 posts

Posted by cwc1981 > 2022-01-21 16:16 | Report Abuse

Is the PJ plant in operations?what they're manufacturing?

Posted by Desmond_of_KLSE > 2022-01-21 18:29 | Report Abuse

Wistron buy FPI shares to use FPI's "public relations" in Malaysia since years ago wistron just came to Malaysia while FPI already many many years in Malaysia. Then FPI propose to wistron buy out FPI, but FPI's offer price too high. So, wistron decide to set up its own factory. Since FPI helped wistron years ago, wistron will surely "help FPI back", by giving FPI sikit sikit orders, so that FPI won't blame wistron compete with FPI. But if wistron PJ big factory in full operation later on..........hopefully wistron will continue give FPI sikit sikit orders forever.

Sardin

838 posts

Posted by Sardin > 2022-01-21 18:41 | Report Abuse

But the order that Wistron gave to FPI in 2020 was not sikit-sikit. In addition, FPI's share valuation is not high, Wistron can buy the shares in the open market if she wants to rather than spending lots of money to build new plant. Could it be possible that Wistron is doing higher level assembly and this means FPI will be getting more contracted sub-assembly work?

Sardin

838 posts

Posted by Sardin > 2022-01-21 18:55 | Report Abuse

Also, why would FPI invest and hold 22 hectare land just beside Wistron's factory?

blackchicken

1,220 posts

Posted by blackchicken > 2022-01-25 07:24 | Report Abuse

Nasdaq seems to have hit the bottom.

Posted by Desmond_of_KLSE > 2022-01-28 10:06 | Report Abuse

every time i hint FPI something wrong, dont buy or faster sell, there must be somebody come out support FPI. Ok lah, FPI buy lah buy lah, FPI so good, dividend so good, wistron so good, FPI sure go up to RM5! FPI buy!

Sardin

838 posts

Posted by Sardin > 2022-01-28 15:03 | Report Abuse

Hahaha. Maybe:
1. Majority of the people do not believe that
2. They have other information which make them believe otherwise
3. They would rather choose to verify this by themselve by viewing the next quarter report
As for me, I think FPI is still fine and picking up more orders.

Sardin

838 posts

Posted by Sardin > 2022-01-28 15:09 | Report Abuse

If I were FPI's customers, I would ask FPI to rush out more products to be shipped in 2nd half of Q1 2022 and Q2 2022, to secure the supply of goods. With so many travel restrictions, where can you enjoy your holidays? Use the air ticket money to buy some good audio to enjoy at home lah.

blackchicken

1,220 posts

Posted by blackchicken > 2022-01-30 18:23 | Report Abuse

Nasdaq was up 3.13% on Friday..

cwc1981

1,397 posts

Posted by cwc1981 > 2022-01-31 16:51 | Report Abuse

Gong Hei Fatt Choy Everyone

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