Projecti2016 ,new iphone coming soon..broadcom start busy after june...so fpgroup posibility turn to grow is high. Anyway jst estimate,dunno new iphone sales is good or no..
new iphone sales sure good. So much hype. but the effect will be only.seen in next next quarter. so i believe turnaround is there. just thinking if now is right entry point or wait till next at out only reenter
pojecti2016 sifu, so far what the CEO said in the papers hold water ma... investing got to take some risk. Q1 already past 1 1/2 months, and hor... the bossy dun need to look at the sales invoice to tell you the figure la... Q1 revenue should come from order received in FY17 Q4 or even earlier. big company has order plan one la, manage a multi-billion company play fire-fighting, want die meh?
Kelvin Chong sifu, I look see look see this morning is because scared ppl read oni :Double Digit drop " lor... if they panic sale than can buy cheap ma... For one thing the CEO got nothing to do, go tell the newspaper and hold an investors briefing to tell the institution investors FPG results double digit drop... Those ppl quick quick sell when see this....
but I skew to another side one, bias, me. can see only FY 18 order picking up. and judging from its Q4 report, if Broadcom come back full force, plus Avago.... wa-lau-eh....
but hor... market fear, the price still drop, so kennot tell ppl can buy cannot buy... at the end of the day must see whether buyer or seller is more powerful.. Today buyers win loh....
FY 18 the company sing "Double digit" again, but this time opposite side. and hor. because the base figure is lower, the % wise will go higher, if FY 18 achieved the same level of Revenue as FY 16 kakaka. 44mil drop to 36 mil , double digit down 18%+. 36 mil go up back 44mil, double digit growht is 22%+ kakaka, some more the growth may be bigger, as the company has been force to get new customers when Broadcom witheld their order when busy doing business combination. now Broadcom come back with Avago, plus the new customers that FPG secured...it is not reasonable to expect a better year ahead?
and hor.... the company in its IPO said want expansion wor.... U think IPO they can just put a 2-3 line there telling the securities commission than ok already, can list the company, issue shares to get money from the public liao arr? No plan arr? really arr?
and if not mistaken, they have to use that money within 24 or 36 months ma... now already 13.5 months liao. U think they can no action until when leh? see,,, they need time to order the machinery, delivery, and installation. and hor... most probably this capex will have tax incentives... hohoho, at least capital allowance, but if they got double tax relief, then the profit figure will be much better lor... friend, 26mil , take 20% the company save 5.2mil tax, if double tax relief, 10.4 mil tax. mind you I lazy to check their company tax rate...U do the calculation la, using 25%, 30%... kakaka
FY 16 they got pioneer status, so low tax, FY17 they oni have 1 or 2 months pioneer status. despite the big drop in revenue, their gross profit margin drop a bit....hey... that could mean they are efficient, cos normally when the level of activity drop significantly, the unit cost of production will go up, GP should theorectically drop a lot, no?
This stock fundamendal super strong, just market sentiment weak at the moment, tats y it always drift according to sentiment.. today is someone urgently need cash flow.. which cause the massive selling
I see, I just receive my admisier information, this counter is going to goreng more than RM 1. Maybe true also, because all technology counter already goreng very high like vitrox, penta, mmsv, krono, inari, iqgroup... just left this counter. Lets start to buy now, i still holding this counter. Cheers.
Just felt market start resume positive momentum, with seeing the volume and amount of trading in KLSE this week.. Catching up the train and hopefuly this is the next wave of bull run
I am not sifu, i also learn from all sifus here. Base on my understanding of this counter, the fundamental is good, net cash company, and the customer is broadcom. Look at broadcom share now, usd 250++. If they continue provide good product and service, i think tp 1 is a sooner or later case. By the way i just bought this share 2 months ago. If look at other share like penta ad vitrox, they have been waiting for years to spike, and now almost all tech stock very high now, only left fpgroup
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....
Chengkai Kok
258 posts
Posted by Chengkai Kok > 2017-08-16 16:59 | Report Abuse
Projecti2016 ,new iphone coming soon..broadcom start busy after june...so fpgroup posibility turn to grow is high.
Anyway jst estimate,dunno new iphone sales is good or no..