solutn's EPS is similar to FPGROUP. Their prospect for 2017 is much better than FPGROUP. And the price is half of it only. Of course there is still potential grow in FPGROUP, all you need to invest is more time.
I do agree stock valuation doesn't solely depend on pe ratio. some may say that FPGroup is valued based on its growth (?). I did my homework based on e-prospectus and these was what I remembered when the time of IPO 1. Foundpac has (merely) 0.02% of the market share (very needle thin revenue extracted from the industry) 2. Global electronic industry and semicon industry recorded CARG around 6% and 2 % respectively 3. Malaysia semiconductor industry is less than 2 % ( 1.X percent or even less) 4. IPO price was already at premium 5. FYE 2016 recorded 16m NAT and 15m for FYE 2015 (compare these figures with profit annouced)
Surely this is a good company with good prospect in a right industry, and also this industry will be benefited from the TN50. But this price is really not a right price unless there are really insightful fund managers ( retirement fund or other long term fund) invest in this and support the price.
seriously ppl still buying fpgroup? EPS 0.67 X 4 X PE10, this stock only worth 27 cents now. u can choose to run now, or trap for another 1 year then only realize it is worth 27 cents. just my 27 cents.
Does FPGroup worth so expensive at current price? I doubt so. NTA is only worth 0.177 mah. Ha ha!!
Share price: 0.735 NTA: 0.177 OVERVALUED 4.15x times
What safety margins do u have when u invest into FPgroup? Low track records available for inspection, not much details are known. Most seasoned investors would stay away from this kind of newly listed company.
Does the assets that it owns are income-generating assets? If not then it is based on the "growth" stories that it promised on high anticipation. Going forward to future earnings, any hiccups in the earnings will seriously affect the share price directly.
Then please stay away from this stock since you said no track record to evaluate. Let believers like me to untung 9696 like what I have netted from hevea
Wah...ikan masin play contra on FP....want to post his contra gain... I thought he is die die hold FP....the fact is no ball when saw it drop... Play contra now...haha
the fair value is 27 cents, and it probably take 1 year for people to realize that. People like to bet on future compare to facts. Hence, we have future PE indicator.
Share price: 0.725 NTA: 0.177 OVERVALUED 4.10x times
Profit is just so small with RM 2m per quarter. There are better companies than this one. Don't fall victim to this kind of inflated stock. Being pump & dump.
WARNING: This is a typical PUMP & DUMP by some crooks.
Stockraider, u always love stock below its NTA value mah so this FRGroup is 4.10x times above its NTA mah....super OVERVALUED and OVERRATED !! This is being PUMPED & DUMP now!!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
slbzr
168 posts
Posted by slbzr > 2017-02-23 19:51 | Report Abuse
the god went hiding now