FORMOSA PROSONIC INDUSTRIES

KLSE (MYR): FPI (9172)

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Last Price

2.77

Today's Change

+0.05 (1.84%)

Day's Change

2.73 - 2.80

Trading Volume

388,000


8 people like this.

2,975 comment(s). Last comment by monetary 21 hours ago

Sardin

623 posts

Posted by Sardin > 2023-05-28 21:50 | Report Abuse

These customers' report help you to understand what the acting chairman said in the AGM. If you pay attention you catch the info.

monetary

4,270 posts

Posted by monetary > 2023-05-29 09:54 | Report Abuse

That's projection. Glove producers also made very beautiful projections. In the end of the day their so called structural increase in glove usage all didn't materialise. Those who bought the directors' words all went Holland!

monetary

4,270 posts

Posted by monetary > 2023-05-29 10:03 | Report Abuse

After all the projections went wrong now is the time to buy gloves. Lol!

uptrending

1,852 posts

Posted by uptrending > 2023-05-29 10:59 | Report Abuse

Gloves! Sure or not? Lol

uptrending

1,852 posts

Posted by uptrending > 2023-05-29 11:02 | Report Abuse

Co issued 9+ millions Share Option shares @2.55, Now the Co have bullets to buy back about 10M shares at the current price..

Those sold earlier also panic buy back? Lol

Posted by NatsukoMishima > 2023-05-29 12:10 | Report Abuse

The glove tards only know glove really not suitable for stock game!

monetary

4,270 posts

Posted by monetary > 2023-05-29 12:46 | Report Abuse

Are u sure wat u buy is stock? U r just holding others' shit. Talk boastfully but everyday cries your heart. By the way. The piece of shit tat u picked up broke 40s again. After lunch time starts it's journey to 30s.

monetary

4,270 posts

Posted by monetary > 2023-05-29 12:52 | Report Abuse

FPI got tons of cash. Very high quality asset. Gloves also sitting on tons of cash but all prices below nta except Harta.

monetary

4,270 posts

Posted by monetary > 2023-05-29 12:56 | Report Abuse

Time like this don't try to be WB. When market agrees with u probably u alrdy suffer 30% paper loss.

Sardin

623 posts

Posted by Sardin > 2023-05-29 13:52 | Report Abuse

Monetary, everything is projection. What u hold now is also based on someone's projection or your own projection, from the result in the past or information collected, to be fair.

wkchia71

15 posts

Posted by wkchia71 > 2023-05-29 16:00 | Report Abuse

Sardin, the resignation of the Member of Audit Committee and new appointment recently, any fishy things going on?

Posted by swissvillage > 2023-05-29 19:07 | Report Abuse

Immediate Announcement on Shares Buy Back
https://malaysiastock.biz/Company-Announcement.aspx?id=1484842

Posted by pinnaclegrade > 2023-05-30 08:43 | Report Abuse

The company knows best & have the most accurate earnings projection, when there is a share buy back, it's most certainly undervalued despite challenging market outlook. It comes down to holding period & being able to ride out the downturns

Sardin

623 posts

Posted by Sardin > 2023-05-30 09:08 | Report Abuse

Hi wkchia71, did all members resign? But I suspect insider sold shares before announcement. And that person must go if discovered. But I don't know who's that person.

Sardin

623 posts

Posted by Sardin > 2023-05-30 09:16 | Report Abuse

Wkchia, that person must have less than 3.5 mil shares to sell. You think who's that person?

Sardin

623 posts

Posted by Sardin > 2023-05-30 09:18 | Report Abuse

And I think he did it this way is like slapping Mr. S on his face because he will definitely face lots of questions in the AGM 2 days later. Who can tolerate this?

Sardin

623 posts

Posted by Sardin > 2023-05-30 09:20 | Report Abuse

These are all my questions waiting for more brilliant kaki to analyse and share. I'm not smart enough.

cola

53 posts

Posted by cola > 2023-05-30 09:38 | Report Abuse

I can't understand why would the company did a massive share buy back (almost 1/3 of that day volume) knowing that they were going to release a bad QR ......

Posted by pinnaclegrade > 2023-05-30 09:51 | Report Abuse

company is long term focus.... not Q on Q... look at the big picture, this is a dividend growth play, not for traders

cola

53 posts

Posted by cola > 2023-05-30 10:09 | Report Abuse

Wouldnt it better if they did the SBB after releasing QR....

cwc1981

898 posts

Posted by cwc1981 > 2023-05-30 15:16 | Report Abuse

I think the management really have to buckle up. Don't let things fall back to pre pandemic level performance

Posted by NatsukoMishima > 2023-05-30 23:03 | Report Abuse

This is just a rm 1.50 stock goreng until rm 6 during 2021 !

Posted by NatsukoMishima > 2023-05-30 23:03 | Report Abuse

The worst is yet to come

uptrending

1,852 posts

Posted by uptrending > 2023-05-30 23:43 | Report Abuse

Never reached rm6.. It was about rm4. 4

curiousq

445 posts

Posted by curiousq > 2023-05-31 00:15 | Report Abuse

1.00 only, 3 years ago

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2023-05-31 10:35 | Report Abuse

Are the large drops in the latest quarterly revenue and earning worrying?

Posted by NatsukoMishima > 2023-05-31 12:08 | Report Abuse

It s time to back to the real value while buble burst , u wont get the special high dividen anymore ! Rm 1 - 1.30 only consider

Posted by observatory > 2023-05-31 14:49 | Report Abuse

I do not have a view on this stock. However, investors beware that people making bullish or bearish comments could be either affected by their own bias, or worse, have a financial self-interest in their hope to influence other unsuspecting forumers.

Comments usually appear in abundance when stock price is tanking or shooting over the roof. At other time it’s very quiet.

But making a price prediction without backing up with data or fact is practically useless

Also take note FPI is one of the Bursa approved stocks for short selling.
https://www.bursamalaysia.com/trade/trading_resources/equities/regulated_short_selling

Sardin

623 posts

Posted by Sardin > 2023-05-31 16:04 | Report Abuse

Hi Observatory, well said. Just learned something from you that some stocks in Bursa are approved for short selling. Is there any website / source that I could refer to learn short selling in Bursa? Thanks.

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2023-05-31 16:28 | Report Abuse

During the pandemic and the locked down period, the products of this company were in demand. People trapped in their houses were buying the products for home use and entertainment. Will need to watch the next 2 quarters to see if the business of this company is fine or facing challenges.

ghochu

15 posts

Posted by ghochu > 2023-05-31 21:42 | Report Abuse

Are there any AGM notes published?

ghochu

15 posts

Posted by ghochu > 2023-05-31 21:53 | Report Abuse

Did anyone attend AGM and have notes. Highly appreciated

Posted by FinanceInRealLife > 2023-06-01 18:50 |

Post removed.Why?

cwc1981

898 posts

Posted by cwc1981 > 2023-06-03 13:28 | Report Abuse

With more original brand manufacturer closing down. Will this trend benefits OEM manufacturer like FPI?

cwc1981

898 posts

Posted by cwc1981 > 2 months ago | Report Abuse

Seems like this year will get 20 mil disposal gain. Around 8cents per share. Plus normal operating profit around 13 cents. Dividend should be around 12 cents

JKing

239 posts

Posted by JKing > 2 months ago | Report Abuse

The key message is not the sale of the land. It is the usage of the proceed. 20mil for working capital and 11mil to invest in research for AI Smart speaker in a timeframe of 6-12 months. That mean there should be a very high potential of a order is coming to fpi for smart speaker

Posted by DividendGuy67 > 1 month ago | Report Abuse

I had paper loss for nearly 2 months but now sitting on paper gain.

Posted by DividendGuy67 > 1 month ago | Report Abuse

I am expecting full year dividend to be at least 16 Sen. Last 2 years paid 20 and 21 Sen. It sits on a ton of net cash of RM1.40, so, sharing some of that massive cash with say 16-20 sen is sustainable for a long time.

pantor

303 posts

Posted by pantor > 1 month ago | Report Abuse

Excellent result

cwc1981

898 posts

Posted by cwc1981 > 1 month ago | Report Abuse

Seems like 15 cents dividend shouldn't be an issue

fortunefire

1,158 posts

Posted by fortunefire > 1 month ago | Report Abuse

fair value.

monetary

4,270 posts

Posted by monetary > 1 month ago | Report Abuse

revenue back to pre covid level but profit is much higher. why?

Posted by DividendGuy67 > 1 month ago | Report Abuse

FPI 2.73. Nice. When I bought the DY was 6.5% which was nice. Now at market price, the DY has dropped to 6% due to price gains. Still decent. Looking to take small partial profit near next resistance.

monetary

4,270 posts

Posted by monetary > 1 month ago | Report Abuse

can any1 share why its cost of sale decreased so much?

wkchia71

15 posts

Posted by wkchia71 > 1 week ago | Report Abuse

EgM about disposal of shares. Any comment? Why they want to dispose their shares in Heracles enterprise to Wistron?

cwc1981

898 posts

Posted by cwc1981 > 1 week ago | Report Abuse

They want to dispose this factory so they can start doing AI speaker

monetary

4,270 posts

Posted by monetary > 1 week ago | Report Abuse

what does heracles do? timber? that's wat I found when I google

monetary

4,270 posts

Posted by monetary > 2 days ago | Report Abuse

fui yo. all in a sudden shoots up

monetary

4,270 posts

Posted by monetary > 21 hours ago | Report Abuse

share price is bashed down by poor sentiment. used to b a pe10 stock

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