Semiconductor and electronics industries are projected to continue growing in the coming years. Demand for our precision engineering products such as stiffeners and accessories for stiffeners are expected to remain steady. For medium to long term, we will put more effort and concentrate on the products of test sockets, hand lids, and accessories for test sockets to gain more market segment.
The laser stencils business is expected to grow and the management is optimistic in achieving better financial performance in this financial year.
Our Group will continue to uphold its core and long-term strategy to focus on business expansion and diversification, product development, as well as business process optimisation through lean implementation across all operations in the organisation.
Despite the downtrend market outlook of the semiconductor industry and electronics industry, with our Group competitive strengths and strategies, the Board and the management are still positive about our prospects for the financial year ending 30 June 2019
profit guarantee on the acquired co should be ok , so far result is good but this counter share continue drop. a lot investor already loss confidence with this counter and keep selling their share.
Only fools will hold this counter shares.. These Directors are doing monkey business by giving corruption to purchaser and direct dealing Managers and Engineers.. Free Shares are being held by these Corruptors at manager levels. U help me I help u sort of business deals.
@Shines... I am a Future Stock advicer.. I advice on favourable stocks and company movements..Last year i did a full search about this company movements.. they started on a good platform.. even though there were some scam invoicing issues to oversea customers,, they got listed. The directors are ex MNC industry employees,, they have their Khang Tau to get orders by "U help Me..I help U,, Theory. Their stock moved quiet fast compared to other engineering companies.. that movement went under our radar..then within a short span,, when they saw investors were biting the bait,, they moved fast to buy a Monkey company..They bought 75% of DSSB.. a 2 yr old company with no foundations.Thats when u can look back and see their stock plunged - 70% They both have same theory give corruption to get orders. They and their customers are being watched.. so now i leave it for u to imagine the future of this sick stock...Only Fools hold this stock.
watchout for FPGROUP this semicon stock, inari and gtronic rebounded, but it still trading at its support of 0.305. Pay attention to it, might take off soon.
My Fren,, Inari is a Rm5 billion company.. P/E Ratio is 24.. F#pack is no where close to this giant.. compare apple to apple.. not apple to banana. Inari Directors are solid,, Avago is their anchor klien. They dont loot their own company and dont buy monkey company just to siphon money.
I am looking forward, leaving the bad episode that others may have on FPG behind, buying into DSSB did contribute to FPG's bottom line and is seen as a good buy to me.
@Shines.. U are right by saying DSSB does help in F#pack figures,, but buying @Rm16.5million was like shooting ur own foot. From our surveys that company was worth Rm5-5.5 Million only.. That is why they can never recover share holders investment which the directors stole.
Bondmark, looking at all your comments, I feel that the only fool one is you, perhaps you buy at the top and don't have a chance to get out so you have so much hatred? Check in at the Taipei 101 top floor for long time that's why so frustrated? Since this is a monkey company why you keep focus on it and keep on following it?
The result shows that the company continue to make good recovery from last year result with increased revenue and profit for 3 quarter consecutively. This is a very good data to show that the overall trend of its business has turnaround and improving. If this is consider as monkey company, what kind of company should be consider good company? Please look at the GP, Profit Margin, PAT and PE. This company is trading at PE of 17 only. Blindly judge and blindly speculate doesn't make you a good investor.
If I'm you, I'd average my portfolio by buying more at 0.2, which I did. It earns you around 5% return on yearly dividend based on 1 cent payout and also based on current price the capital gain is already more than 50%. Rather than complain I think you better put your time to read more books about stock/investing or read the quarterly and annual report in detail.
Based on your survey the company was worth 5 to 5.5M, but if you are the company owner will you rather sell with a premium or sell it based how much it worth? If all company were sold without a premium, then all company in the stock market should only trade with P/B ratio of 1. P/S: P/B ratio Price over book value if you don't know what is P/B.
Either they can recover the share holder investment or not investing in DBSB, time will prove it. But if you think the money can be stolen so easily from a publicly traded company because you talk like you know each of every step to do it and can be done easily. You should have go and focus to become one of them con man to stole money, why still invest? Just saying..................................
Yes,, of course a very stable stock,, the Director Lee Chun Wah buy any stock that investor throw.. soon all the share will belong to him.. ha ha ha,, he can pah chew cheng all by himself. Buy and sell to himself.. This is insider trading.. soon there will be a show..
Its against the law for a director to hold more share than allowed. This is called insider trading when one director sells and buy back,, just to stimulate and show movement to the market trade.These are trick played by non fundamental companies.
Directors are allowed to buy from the open markets, once they cross the alloweded % of shares, it will trigger the mandatory to buy all the others shares which are not own by him. correct me if wrong.
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....
Primeinvestor
1,454 posts
Posted by Primeinvestor > 2019-05-15 18:13 | Report Abuse
Q1 supposed to be a weak quarter, management seems bullish on their prospects