QR will be out this week, it will be very mtued but definitely within expectation. Just take PENTA as example, QR last week (within expectation) and after a brief consolidation it gained positive momentum today.
Not for the faint heart short term, but for mid term investment definitely should start collecting now. TP1 1.17 TP2 1.25 by nov
Nasdaq close new high, theoretically TECH counter should back to previous PEAK. Why FPG and other TECH counter still lagging behind is because recent glove panic selloff. Once the glove stable and all tech counter will back on track for sure. If you not going to buy now, later please don't chase high yaa.
Excellent quarterly result. Tomorrow gap up and possible limit up. Good job for those that have chosen it. Another glove alike counter with explosive profits.
cash in hand many times more than JF tech..if not wrong Fpgroup EPS higher than JF tech. but share price vast difference.pls correct me if i am wrong..both doing almost same type of product.
Buy now before too late, due to glove sell down offer again. Result definitely above expectation, due to supply chain interruption and transport issue FPG can still perform so well. Plus impairment 200k So Adjusted result will be 4.5 mil and not only 4.3 mil.
revenue and profits will ONLY increase with world implementation of 5G and with precision automotive parts coming on steam in its production as planned.
Be positive, Nasdaq all time high, Tesla all time high. I got million of unit, you share? I more scare than you guys.
Question to unknown:- What you worry to own a company with profit margin >30%? JFTECH PE166, even JFTECH also 28% profit margin, this gem still way undervalue.
(Based on the calculation of Discounted Earnings Model, FPGROUP has an intrinsic value of RM1.495. The current share price of FPGROUP is RM0.95 which makes it an undervalued stock (as at 18 Feb 2020). FPGROUP has a beta of 1.784 (500 days) indicating that the company is more volatile than the current market. Investors may face higher risk. Based on the computation of Compound Annual Growth Rate (CAGR), FPGROUP has an expected market return of 5.22%.
In conclusion, FPGROUP has achieved an outstanding performance in FY2019 with its highest revenue and gross profit over the past 5 years. FPGROUP’s prospect remains bright as the rollout of 5G in China, Europe and the United States is expected to generate demand for integrated circuits for use in the hardware of 5G transmission towers. The company is expected to perform well in the future as the Internet of Things (IoTs) needs a lot of high-end equipment to test and automate hence creating a strong demand for semiconductor test equipment.}
Lastly, weak companies will propose PP to raise funds (eg J-T---) whereas,cash rich and profitable companies will propose bonus share or special dividends.
Im not surprised if FP group propose bonus issues like topglove,supermax,esceram etc.
No rumours or insiders . Just my feeling especially if the price suddenly spike up with no report on QR.
So, dont simply sell your FP shares unless you need the $$$
(Based on the calculation of Discounted Earnings Model, FPGROUP has an intrinsic value of RM1.495. The current share price of FPGROUP is RM0.95 which makes it an undervalued stock (as at 18 Feb 2020). FPGROUP has a beta of 1.784 (500 days) indicating that the company is more volatile than the current market. Investors may face higher risk. Based on the computation of Compound Annual Growth Rate (CAGR), FPGROUP has an expected market return of 5.22%.
In conclusion, FPGROUP has achieved an outstanding performance in FY2019 with its highest revenue and gross profit over the past 5 years. FPGROUP’s prospect remains bright as the rollout of 5G in China, Europe and the United States is expected to generate demand for integrated circuits for use in the hardware of 5G transmission towers. The company is expected to perform well in the future as the Internet of Things (IoTs) needs a lot of high-end equipment to test and automate hence creating a strong demand for semiconductor test equipment.}
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....
Steve Ooi
264 posts
Posted by Steve Ooi > 2020-08-17 09:13 | Report Abuse
Buy buy buy
It is running away while you guys are busy doubting