Posted by mamal > 2016-01-12 11:16 | Report Abuse

buy signal?

Posted by Yap Yee > 2016-01-12 11:26 | Report Abuse

Nice trend up keep going

Posted by leelc70 > 2016-01-12 12:15 | Report Abuse

result expected good and expected higher dividend payout

Posted by JKing > 2016-01-20 10:08 | Report Abuse

opportunity to buy at lower price due to market bearish......

Posted by domperrier > 2016-02-04 16:24 | Report Abuse

Still not selling my shares @ 71.5c

Posted by JKing > 2016-02-05 14:39 | Report Abuse

the disposal of acoutech give another RM35mil cash to FPI. In total include the RM50mil of china factory disposal give FPI 85cent cash per share. you are almost buying FPI asset excl cash free of charge at 90cent.

Posted by JKing > 2016-02-17 11:40 | Report Abuse

expected good result announced with target at 3 to 4 cents eps. that mean 12cents eps roll forward on a yearly basis.

Target price 12 cents x 10PE = RM1.20

Posted by JKing > 2016-02-17 11:48 | Report Abuse

after disposal of acoutech share and the expected cash from the disposal of china factory, FPI has 85cents cash per share. That mean you are paying less than 10cent for the entitle speaker business....... a good bargain pricing......

Posted by hng33 > 2016-02-18 15:28 | Report Abuse

Bought some FPI at 90.5-91sen

Posted by hng33 > 2016-02-18 15:51 | Report Abuse

Bought more FPI at 91sen

Posted by hng33 > 2016-02-19 11:19 | Report Abuse

bought again more FPI at 91.5sen

Posted by hng33 > 2016-02-19 11:40 | Report Abuse

FPI is going to recognized much higher gain from disposal Winmax. This is because the disposal is based in USD, and FPI only peg RM 3.81 based on last mid year rate for conversion USD 14.3m to arrived RM 54.5m. Since the disposal already secure EGM pass approval in last Sept, and completion at the end of last year with much exchange rate USD = RM 4.20-4.30,

Therefore, in turn of actual ringgit disposal, it will give rise to RM 60m-61.5m, an additional realize one off net gain RM 5m on top of previous estimate RM 5.9m is expected.....resulting at least another increment in one off net gain per share from 2.4 sen to 4.8 sen

In addition, FPI is expect to continue benefit from stronger USD for its export oriented business, generate recurring EPS= 12 sen pa + FPI clean and net cash position about 85sen (including Winmax and Acoustech disposal), Apparently give rise FPI afford to resume payout at least 6sen dividend to reward shareholder.

Posted by YOLOOOO > 2016-02-19 17:40 | Report Abuse

Next week rm1

Posted by hng33 > 2016-02-23 11:31 | Report Abuse

Increase further stake in Fpi at 92.5sen

Posted by ckk2266 > 2016-02-23 11:57 | Report Abuse

Bought some @ 0.93

Posted by JKing > 2016-02-23 13:09 | Report Abuse

The dependency is the coming result. as long as it stay about 3 cents eps , the target price is rm1.20

Posted by hng33 > 2016-02-23 16:51 | Report Abuse

Q4 result should better than Q3 due to stronger USD vs RM (Q3, USD= RM 3.75; Q4, USD = RM 4.20) + full quarter contribution from new acquisition factory manufacturing and warehouse which completed in last Aug + increase dividend due to much better financial result

Posted by davidtslim > 2016-02-23 20:51 | Report Abuse

Actually if you read the announcement on China disposal carefully, the net proceed is just about RM35 millions (as FPI owns only 60% of the share on China company). Plus the acoustech stake (Just received RM35mil in Feb) disposal. The net inflow cash is about RM70 millions. However, BOD announcement that no special dividend but the proceeds will be used for working capital and investment purposes.

China disposal not yet completed (should completed by last Quarter). Long term I think this company still ok as long as Europe and US order are improving.

Posted by domperrier > 2016-02-24 08:43 | Report Abuse

Still holding my shares patiently. Cost = 71.5c Hahahaha!!!

Posted by davidtslim > 2016-02-24 11:32 | Report Abuse

hng33: in Q3 2015, USD vs RM rate should be around 4.06, not 3.75. Q4 USD vs RM rate is 4.28 which I think will benefit FPI profit further.

Posted by hng33 > 2016-02-24 12:58 | Report Abuse

davidtslim

Thanks for correction.

Posted by JKing > 2016-02-24 15:02 | Report Abuse

david... good point on the 60% and it is still very significant to the cash per share. it is as usual that to reduce the pressure to refund the cash to shareholder, the management mark the cash to future expansion. standard practice.

Posted by JKing > 2016-02-24 15:03 | Report Abuse

if they use the cash for expansion, it will be a good news to FPI that it earning will improve in the future and also a indication business is good and capacity is at optimum level.

Posted by davidtslim > 2016-02-24 18:00 | Report Abuse

JKing: Board of director mentioned in the announcement the proceeds will be used for acquisition and expansion within 3 years time. This is good in long run. Another thing is this company distributes dividend every year and no debt. Hope for 6 sen dividend by this week when they announce new Q results

Posted by hng33 > 2016-02-25 10:31 | Report Abuse

Bought more FPI at 91sen

Posted by davidtslim > 2016-02-25 11:32 | Report Abuse

FPI is a no debt company with high net cash (about 200 millions) and also pay dividend every year. If dividend declare is 6 sen (expected declare by this quarter results), then it is translate to 6.5% yield.

Posted by davidtslim > 2016-02-25 11:34 | Report Abuse

Current cash (up to Dec 2015)should be (125 millions), but if include 70 millions from Acoutech and China disposal, then it is close to 200 millions. Future profit can be further improve with new acquisition.

Posted by hng33 > 2016-02-25 17:12 | Report Abuse

Awaiting for its result and dividend now

Posted by Ong Lie Chin > 2016-02-25 19:08 | Report Abuse

Fail to submit report?

Posted by YOLOOOO > 2016-02-25 20:30 | Report Abuse

still got 2 working days, relax lah bro

Posted by hng33 > 2016-02-26 11:08 | Report Abuse

Bought MAXIMUM FPI at 91.5sen

Posted by klkk > 2016-02-26 17:48 | Report Abuse

The Board has declared a first interim single tier tax exempt dividend of 7 sen per ordinary
share of RM0.50 each in respect of the financial year ended 31 December 2015 (31
December 2014: 3.0 sen).
The dividend will be payable on 15 April 2016 to shareholders whose names appear in the
Record of Depositors of the Company at the close of business on 31 March 2016.

Posted by hng33 > 2016-02-26 17:50 | Report Abuse

Hahaha, declare higher than expected dividend 7 sen.....huat huat huat

Posted by klkk > 2016-02-26 17:53 | Report Abuse

Just announced a fantastic set of results..profit for the qtr RM10.524m vs loss of RM824k same qtr preceding year. Bravo!

Posted by davidtslim > 2016-02-26 18:00 | Report Abuse

Dividend yield from 7 sen based on current price is 7.7%. This company has a lot of cash in hand and its big taiwan shareholder may want more dividend in future. Future profit can be increased by new acquisition and the company board of directors show a good move by disposing China business as it is too competitive there. Retained profit also more than 100 millions in this company.

Posted by davidtslim > 2016-02-26 18:14 | Report Abuse

FPI has 158 millions cash and cash equivalent at the end of financial year. This Exclude 34.8 millions sales of proceeds from Acoutec share and also another 35 millions disposal from China business.

Posted by Ong Lie Chin > 2016-02-26 19:03 | Report Abuse

Great job!

Posted by Jim Tan > 2016-02-26 19:06 | Report Abuse

Seem like it will break new high on Monday.. Gratz all

Posted by YOLOOOO > 2016-02-26 19:32 | Report Abuse

Huat ah! my avg price also 91 sen

Posted by paperplane2016 > 2016-02-27 03:02 | Report Abuse

It is managed by Taiwanese.

Posted by domperrier > 2016-02-27 09:25 | Report Abuse

My avg price is actually 78c, as I forgot about some higher priced shares(@ 79.5c) bought way back in 2014. LoL!

Posted by tonylim > 2016-02-27 18:01 | Report Abuse

Haha domp

Have they completely sold out acoustic

Posted by davidtslim > 2016-02-28 12:51 | Report Abuse

ACOUSTECH BERHAD share disposal already completed on 2 Feb (check Bursa announcement). This disposal make a one-off net gain of approximately RM5.4 million (from announcement). This one-off gain should be included in next quarter result (about 2.2 sen EPS). 7 sen dividend ex-date is 29 March. A very good dividend and declare dividend for past 10 years. I think it may attract some fund managers attention for high dividend yield stock.

Posted by domperrier > 2016-02-29 09:15 | Report Abuse

94c! --> + 17% <--

Posted by Sebastian Sted Power > 2016-02-29 09:17 | Report Abuse

Taiwanese control counters all in good shape

FLBHD, DUFU, next will be FPI

Posted by hng33 > 2016-02-29 09:18 | Report Abuse

On track to move up to RM 1.00

Posted by JKing > 2016-02-29 09:18 | Report Abuse

BUY ON HUMUOR SELL ON NEWS. once its done with the selling the price will start to go up. good opportunity to accumulate now.

Posted by hng33 > 2016-02-29 09:48 | Report Abuse

FPI have all share catalysts

1. Net cash (85sen/share), which is almost 9-% of the current share price is in the form of CASH hoard.
2. Strong earning growth benefited form its USD export oriented business
3. Undemanding valuation PE < 7x
4. High dividend yield >7%
5. Still in the midst to further expand its manufacturing capacity, growth stock

Posted by davidtslim > 2016-02-29 11:58 | Report Abuse

FPI paid 90% of its net profit (or 90& of EPS) from past 3 year records. Current year (2015) pay 7 cents (ex-date 31 March), last year (2014) pay 3 cents (as lower profit). 2013 pay 6 cents. 2016 maybe can pay 7-10 cents as I expect it can achieve growth in profit. The company ever pay 10 cents from the past records.

Posted by davidtslim > 2016-02-29 12:02 | Report Abuse

When a company pay dividend every year, then we can quite sure the account is clean and no manipulation is dividend needs hard cash to pay out. Sometime company can show good profit but negative cash flow or minimum cash flow increment.