Posted by Hoong Ling > 2015-11-06 15:34 | Report Abuse

They sold a subsidiary company - dropped revenue is expected

Posted by kang173 > 2015-11-06 20:46 | Report Abuse

Which subsidiary company they sold?

Posted by klkk > 2015-11-07 14:48 | Report Abuse

Formosa Prosonic Industries Bhd ( Valuation: 2.00, Fundamental: 1.65), which is principally involved in the manufacturing and selling of high quality speaker systems, saw its net profit for the third financial quarter ended Sept 30, 2015 (3QFY15) surge by 127% to RM9.05 million, mainly on higher sales at its Malaysian operations.

Posted by klkk > 2015-11-07 14:49 | Report Abuse

The higher sales was a result of its acquisition of manufacturing assets and equipment in Sg Petani, Kedah, in March and a higher share of profit in an associate, according to its filing on Bursa Malaysia this evening.

The group also benefited from a favourable forex rate, from the stronger US dollar against the local note.

In comparison, the group recorded a RM3.98 million net profit in the corresponding quarter a year ago.

Revenue for 3QFY15 went up by 22.4% to RM91.7 million, from RM74.93 million a year ago, as a result of the higher sales from its Malaysian operations.

For the nine months ended Sept 30, 2015 (9MFY15) the group recorded a net profit of RM10.33 million, which was 28.6% higher than its 9MFY14 net profit of RM8.04 million.

Revenue for 9MFY15, however, fell by 1.1% to RM205.2 million, from RM207.45 million a year ago.

On outlook, the group expects a profitable set of results in FY15, but remains cautious on business prospects given the slower economic growth in emerging markets and intensifying competition.

Posted by alphajack > 2015-11-09 07:53 | Report Abuse

gonna fly la. Sungai Petani subsidiary proven to be able to generate so much profit.

Best Q in 3 years.

1 ringgit cominggg

Posted by alphajack > 2015-11-09 07:53 | Report Abuse

Margin expansion story mostly and a bit forex gain - Funds will chase

Posted by Aero1 > 2015-11-10 21:40 | Report Abuse

Plenty of cash no debts. Associate also performs .. higher share of profit.

Posted by kennethcheah > 2015-11-11 14:55 | Report Abuse

Guys & Girls:
根据最新财务报告显示，
FPI Net Cash per Share RM0.50 !

公司总净现金目前高达RM123,711,000
股本则有：247，360，000

每股净现金RM0.50！

Posted by kennethcheah > 2015-11-11 14:57 | Report Abuse

对上那次（9MFY2014 ）
现金有RM108，721，000

增加了13.79%!

Posted by kennethcheah > 2015-11-11 14:58 | Report Abuse

对的，funds will chase later。

Posted by Ng Binary > 2015-11-11 15:19 | Report Abuse

where to get this info?

Posted by kennethcheah > 2015-11-11 15:27 | Report Abuse

去下载最新财务报告来读。

Posted by kennethcheah > 2015-11-11 15:28 | Report Abuse

我读到时候，被吓呆了！

Posted by kennethcheah > 2015-11-11 15:37 | Report Abuse

Effect of Exchange rate changes earned: RM16,192,000 ( ended 30.9.2015)
Compared to loss -RM558,000 (ended 30.9.2014)

Posted by kennethcheah > 2015-11-11 15:38 | Report Abuse

huatlau, FPI 好股来的，

Posted by kennethcheah > 2015-11-11 15:41 | Report Abuse

Effect Of Exchange Rate Changes Earned as much as 2801% if compared of

30.9.2014 with 30.9.2015.

Posted by Ng Binary > 2015-11-11 16:42 | Report Abuse

I still have a huge loss up to this point :(
Did not cut loss back then, but the recovery is too slow d...

Posted by stockstrader88 > 2015-11-12 15:10 | Report Abuse

Good stock. Both FPI and ACOSTEC will fly up high 1 day.

Posted by stockstrader88 > 2015-11-12 15:10 | Report Abuse

Both sister companies also equally good.

Posted by domperrier > 2015-11-16 15:49 | Report Abuse

Still holding my shares @ 71.5c :D

Posted by stockstrader88 > 2015-11-16 20:45 | Report Abuse

Just took profit and swop some to Acostec, its sister company because Acostec is now cheaper in terms of valuation

Posted by kennethcheah > 2015-11-17 06:19 | Report Abuse

记得，我们买的是一只Growth Stock@FPI.

Posted by kennethcheah > 2015-11-17 23:31 | Report Abuse

在近期内，我就不相信升破不到rm0.90。

Posted by kennethcheah > 2015-11-17 23:38 | Report Abuse

Resistance 1 rm0.89
Resistance 2 rm0.915
随时会升破！

Posted by carmen2062 > 2015-11-18 10:29 | Report Abuse

now rm0.915 he he

Posted by Ng Binary > 2015-11-18 11:18 | Report Abuse

The volume is pity la..bro :(

Posted by domperrier > 2015-11-18 15:11 | Report Abuse

Still holding my shares @ 71.5c :D :D

Posted by kennethcheah > 2015-11-18 15:17 | Report Abuse

Good, domper.
Growth Stock。

Posted by kennethcheah > 2015-11-18 21:05 | Report Abuse

如有correction price= opportunity to collect.

Posted by kennethcheah > 2015-11-18 21:11 | Report Abuse

别太在乎短期小盈利。
Hold / buy Fpi for next coming qr result...
你会得到的更多。
仔细阅读财务报告，
里头的 prospects& the future of Fpi 是新闻没报道出来的。

Posted by seemal > 2015-11-18 23:21 | Report Abuse

holding for a week

Posted by mamaky > 2015-11-18 23:26 | Report Abuse

already up so much. buy acoustec instead.

Posted by kennethcheah > 2015-11-20 15:21 | Report Abuse

FPI ‘s净利2014 vs 2015
首先我们看看/了解以下：
1st qr Fy2014, making profit at rm1,063,000 while making loss at -rm1,674,000 in 1st 2015

BUT IN 2nd qr 2014, making profit at rm2,991,000, 可是净利在第二次
财务报告是rm2，963，000 ！

在3rd Fy2014， FPI making profit at rm3，984，000，
while 3rd Fy2015 ， 净利达rm9，045，000！（上升127%！）

4th Fy2014，FPI making loss -rm449，000 ，
您想想看，FPI接下来的4th Fy2015 会是怎样？
给它最少第四季2015净利料RM8，000，000 好不好？
换言之，来临的4th Fy2015净利可上升至少850%！
而且，股价会来到RM1.50.

Posted by kennethcheah > 2015-11-20 15:23 | Report Abuse

是8 倍！

Posted by Ng Binary > 2015-11-20 15:51 | Report Abuse

how to come out with the RM1.50 stock price?
can you show your calculation / speculation :)

Posted by kennethcheah > 2015-11-20 16:11 | Report Abuse

Rm1.50当然没有这么快可达。

Posted by kennethcheah > 2015-11-20 16:11 | Report Abuse

业绩蛮突破@FPI.

Posted by kennethcheah > 2015-11-20 16:12 | Report Abuse

在近期内，FPI,会升破rm1.00.

Posted by kennethcheah > 2015-11-20 16:19 | Report Abuse

目前处于correction mode,
Investors still got chance to collected below RM1.00 now.

Posted by kennethcheah > 2015-11-20 17:21 | Report Abuse

很抱歉，不是8倍。
如果就以8 mil 的净利in 4th qr Fy2015,
这将增加1781% ( compare with 4th Fy2014)
2015全年总净利rm18,334,000.
2014 全年总净利为rm7,589,000

那么，比较起来的话，全年总净利提高了141.59% !!
我就不相信股价来不到RM1.50.

Posted by kennethcheah > 2015-11-24 06:34 | Report Abuse

The Performance of FPI

1. Ended if 30.9.2015, FPI registered higher PBT of RM14.4 mil vs RM10.3 mil (30.9.2015) due to higher sales achieved by its Malaysia’s operation as a result of the Acquisition of Manufacturing Assets & Equipment in Sungai Petani in March 2015 and also higher share of Profit in an associate.
1.1 FPI also Benefited from favourable Foreign Exchange Rate resulted from Appreciation if USD against RM.

2. FPI’s China manufacturing operations which contributed RM137.1 mil in sales & RM3.1 mil in Profit before Tax ended 30.9.2015 were disposed of as disclosed Note 20 of this interim report.

3. PBT higher at RM12.2 mil in Q3,2015 from RM3.9 mil Q2,2015 as a resulted of 30% increased in sales to RM150 mil from RM115.5 mil & Foreign Exchange Gain!
3.1 Excluding the discontinued, FPI’s Profit Before Tax was also Higher at RM11.6 mil in Q3,2015 from RM2.1 mil in Q2,2015 as a resulted of 31% increased in sales from RM70 mil to RM91,7 mil & also Foreign Exchange Gain too!

4. FPI’s Directors Expect Profitable result for the Financial year ending 31.12.2015!

5. Do u know, FPI’s Cumulative Period ended 30.9.2015 FOR ONLY Foreign Exchange Gain to as high as RM2,573,000 vs RM243,000 in 30.9.2014. 增加了1058.8%. 换句话说，升了整10倍！。

5.1 In Q3，2015 ， Foreign Exchange Gain RM2,012,000 vs making loss at –(rm824,000).

Posted by RedBean2015 > 2015-11-25 14:00 | Report Abuse

TQ kenneth.

Posted by Yap Yee > 2015-11-27 09:47 | Report Abuse

Buy

Posted by mamaky > 2015-12-07 19:57 | Report Abuse

Boringgggg

Posted by Yap Yee > 2015-12-11 12:43 | Report Abuse

Potential

Posted by JKing > 2016-01-07 14:23 | Report Abuse

Winstron a Taiwanese company is the second largest shareholder in FPI. Winstron has build a factory RM100mil + next to FPI and they have plan to move some of their manufacturing capacity out from China to Malaysia. Reason is cost is increasing in China as well as the political matters between the 2 countries. It make perfect sense that Winstron would want a contigent plan for a second manufacturing hub.

So how could this benefit FPI?
Winstron produce high end electronic product so the lower end product will be sub to FPI next door. A search in Winstron performance should that a 1% revenue shift to FPI is cost USD100mil+.

Think yourselves what is the benefit on the partnership tie between Winstron and FPI.

Posted by slee > 2016-01-08 15:01 | Report Abuse

Now is the good time to collect...

Posted by JKing > 2016-01-11 10:34 | Report Abuse

seller is minimum. anything below 90 cent is good to collect.

Posted by domperrier > 2016-01-12 09:53 | Report Abuse

FPI !!! Ho hoo HOOHHHH!!!! Still holding @ 71.5c :D :D :D

Posted by kakijudi > 2016-01-12 10:27 | Report Abuse

:)