Hon Hai Precision Industries Co Ltd (HNHPF)

[fwb]

Is the DIVI this JULY again?

[fwb]

I wonder what part will FOXCONN (HNHPF) play in APPLE'S EV car platform....

[Saving Grace]

Heading back to $4 when this sprung up for no reason.

[fwb]

Does anyone have news on their WISCONSIN Plant?

Foxconn promised a $10 billion investment in Wisconsin and the creation of 13,000 jobs
https://www.jsonline.com/story/money/business/2023/11/10/what-happened-to-foxconn-in-wisconsin-a-timeline/71535498007/

[Saving Grace]

Oxford Club, says it all. As shifty as it gets with a lot of scum build up in the drain pipes,

[bar1080]

But this was the only retirement plan anyone needed according to the hucksters at the Oxford Club. Did the SEC ever crack down on that?

[Saving Grace]

May be over for Hon Hai Precision Industries Co Ltd

They simply got too greedy and as a result, have multiple Lawsuits pending against them

[Saving Grace]

Hon Hai Precision Industries Co Ltd plans are uncertain with Fraud lawsuit by Lordstown Motors.

Hon Hai Precision Industries Co Ltd "Foxconn" did itself in and got greedy. Now this Hillbilly Horse Shit has ruined any reputation it may have had, being honest with it's business partners and agreements. Now, nobody trusts Hon Hai Precision Industries "Foxconn" as an EV manufacturer.

The Taiwan phone maker destroyed itself with Lordstown Motors and is questionable as a partner as even Fisker is now tanking with plans to manufacture the Pear very unstable.

Lordstown Motors even had World Bank at the table for finance and Foxconn got to greedy and lost the Endurance assets and manufacturing agreements all together.

They still haven't secured the Lordstown Plant by failing to pay LMC for agreement price tag.

Phones and EV's are two different animals. Foxconn poor management decisions may cost them everything.

[fwb]

pay-date 8/4/23....
in my ACCT today......

[fwb]

Is HNHPF getting into the manufacturing of EV cars, PARTS for the EV cars or BOTH?

[fwb]

HNHPF announced a cash dividend of 0.345 with an ex-date of Jul. 3, 2023

[searay2701]

bar1080, yes! I would say that they are promoting Hon Hai Precision Industries as they can always hide behind there disclaimer statement. Just checking to see if anything is different this time around concerning Hon Hai Precision Industries’s current increased business and revenue coming in situation compared to the past.

[bar1080]

Oxford Club was heavily promoting this stocks for several years as a one stop retirement solution ( a dangerous thing to claim). During that time it's gone almost no where and generally lagged a simple low cost S&P 500 index fund. Is Oxford still pumping this?

[searay2701]

Is anyone still following this company, and if so, do you have any thoughts on, is it better, if shares of this company are purchased as HNHAF, purchased directly on the TWSE for US folks, or purchased through The US OTC with ticker symbol HNHPF? Thank you.

[JFXL2]

free $$ D.R.I.P. approach.

[fwb]

Thanks
$4 TWD = 0.14 USD divi.

[JFXL2]

August 23rd 2021 dividends will be distributed.

[fwb]

Divi is right around the corner.

[fwb]

I'm surprised they are even BUILDING the NEW PLANT

[bar1080]

WSJ: "Foxconn Shrinks Plans for Wisconsin Plant"

"Electronics maker signs new deal with state to invest up to $672 million, instead of up to $10 billion"

"Foxconn is scaling back plans for a liquid-crystal-display plant in Wisconsin, saying it expects to invest a fraction of the $10 billion promised nearly four years ago, according to a new contract with the state.

The electronics maker, formally known as Hon Hai Precision Industry Co. 2317 -1.64% , negotiated a new economic-development deal on Tuesday with the state of Wisconsin that was a shadow of the record-setting incentives package announced in the summer of 2017.

Foxconn, the world’s biggest electronics contract manufacturer, now plans to invest as much as $672 million and create 1,454 jobs by the year 2025 to qualify for $80 million in incentives, according to the contract.

The company previously agreed to invest as much as $10 billion and hire 13,000 people by the year 2032 to qualify for $2.85 billion in incentives.

The Foxconn deal was originally struck by the company’s former chairman and founder, Terry Gou, and former Republican Gov. Scott Walker, who lost his post in 2018 to Democrat Tony Evers. The deal was announced at the White House and touted by then-President Trump as a pillar of the administration’s plan to boost U.S. manufacturing jobs."

https://www.wsj.com/articles/foxconn-shrinks-plans-for-wisconsin-plant-11618959964

[JFXL2]

All good stuff there. Thanks for the post. I've been in here since $5.50 got in over the summer.

[fwb]

Manufacturer for hire: China's Geely sets out to become a force in electric cars

https://finance.yahoo.com/news/manufacturer-hire-chinas-geely-sets-230135336.html

"The chairman's attitude towards contract manufacturing is clear: he is embracing it and actively pursuing it," a Geely executive told Reuters.

Outsourcing production of some models through original equipment manufacturing (OEM) deals is common in the auto industry, but Geely's plans represent the most aggressive attempt yet by an automaker to build up a contract manufacturing business.

Of the four deals announced, a venture with Taiwan's Foxconn to provide electric vehicle (EV) contract manufacturing, is the most important, said the sources, who were not authorised to speak to media and declined to be identified.

[fwb]

I'm in for the Ride
@ $8.3499

[Fangster]

I’m a CC member since 2016. I’ve picked up some very good ideas from them. Didn’t bite on this one and pass on many. But I do follow a large basket of their suggestions I like and buy when prices present an opportunity.

[Greek327]

All companies in Japan, Taiwan etc pay dividends once a year. Most of the stocks I picked up from Oxford have done well. Good Luck

[JFXL2]

I know this is good news. I saw your post about how to buy this stock. Definitely a convoluted approach but I've bought two groups of shares so far under this ticker and I received the dividend this past July - works for me. This group only distributes dividends once year from what I can tell.

I was once a member of Oxford too for a very short period of time. I had to stop due to being overwhelmed by email. This stock was my prize when I signed up.

[Greek327]

https://finance.yahoo.com/m/b95f9275-4972-3dd6-b335-3044fba5fada/foxconn-moves-to-become-the.html Now building Cars

[JFXL2]

This why we invested in this company. I hope they list on NYSE soon.

Foxconn Sells Alibaba Shares for $195.7 Million
11:07 pm ET October 21, 2020 (Dow Jones) Print
By Kosaku Narioka

Foxconn Technology Group said Thursday that it sold 630,000 shares of Alibaba Group Holding Ltd. in the U.S. for $195.7 million.

The Taiwanese electronics maker, formally known as Hon Hai Precision Industry Co., said it sold American depositary shares at $310.68 each and made investment gains of $130.1 million based on acquisition cost.

Write to Kosaku Narioka at [e-mail]

(END) Dow Jones Newswires

October 21, 2020 23:07 ET (03:07 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

[Greek327]

Oxford is not touting either HNHAF or HNHPF. Oxford is actually telling you to buy 2317.TW which trades on the Japanese market. Their reason is because it is much more liquid. When buying HNHPF you are actually buy 2 shares of 2317.TW. The problem I had with buying shares on the Japanese exchange was it cost me $192 to execute the trade. ( I went through Fidelity) I am a happy with the recommendation I am up 19% since the beginning of Oct. Just be aware that trading begins at 8PM EST, so any trade you do today will not get executed until the next day trading in Japan. Also, Oxford claims a 4% dividend, I think that was a distribution for fractional shares created by a stock split. I am up on all Oxford recommendations.

[Whoisit]

Is Foxconn involved with 5th generation tech?
If not they should be with all their so called pattens.

[Whoisit]

Just questioning why Oxford is putting a 3.00 price range
on their recommendation which reflects HNHAF and not HNHPF.
I am not invested either but waiting and watching the Trump/China
tariff fight to be resolved. Meanwhile, I am watching both tickers.

[2tommy2]

I'm an unwilling Oxford Club member. In fact I have been informed I am in the Chairman's Circle. Thanks dad? I have a hard time with this being on the OTC and its even worse on the pinks? Seems to me if Samsung wants to take the company to NASD. The would have an IPO for that and let this languish in the pinks. In 6 months this ticker has gone nowhere. IMO just because its an Oxford recco does not make it gold.

[Whoisit]

HNHAF shows 23% institutional holdings where HNHPF shows no
institutional holdings. More confusion?
HNHAF is probably the one Oxford club is touting because of
the 3 dollar price range.
Both have a very large outstanding share structure.

[2tommy2]

I sold my shares just because its hard to figure out what's what. And very little movement. So I don't know.

[Whoisit]

What is the ticker HNHAF which appears on my watch list
but with 0 bid/ask and its 2.31 price. With volume running around 60,000 daily?

[MarketGeometry]

https://www.foxconn.com/Files/IR_e/Investor%20Conference%20Call%20Presentation%20Material.pdf

[bar1080]

I'm a retired lawyer who's been investing successfully since age 19 long, long ago.

Christmas is approaching. Get a copy of Warren Buffett's favorite book, The Intelligent Investor by Ben Graham. Graham, a Columbia University econ professor was a billionaire (adjusted for inflation) and Buffett is worth nearly $100 billion. That book is standard fare in many college investing courses and Buffett re-reads it every year. It's easy reading and quite interesting. Learn from the best, not the Oxford Club... or the penny stock shills in this neighborhood.

Best yet, check out the The Intelligent Investor for free from just about any public library.
https://en.wikipedia.org/wiki/The_Intelligent_Investor

[2tommy2]

I can tell my dad but I might as well talk to the wall. I'm just the stooge who executes the trade and take the blame when shit hits the fan. I hate the Oxford club. He wanted 500 shares gave me $2500 and said buy it. I only bought half and told my dad all the good news I found out about HNHPF. There wasn't any.

[bar1080]

Does your dad know that Oxford's been pumping this for about a year and it's only dropped during that time? (there was a small reverse split months ago that made the stock look like it rose slightly). Read thru my old posts on this board.

You are correct to be dubious.

[2tommy2]

This place sure is full of excitement. I don't know about this ticker, but my dad who is a Oxford member just had to throw some money at it. He thinks its going to be gold. I reserve my judgement. Foxconn on the stinky pinkies trading as Hon Hai Huey Lewis and the news with 17 Billion outstanding, and won't say what is authorized. So picked up 250 shares against my better judgement. I guess we will find out? Kicking board!

[100lbStriper]

i dont use them. i just had to satiate my curiosity over the story line for this ticker. i figured if i was going to gamble on it. whats $49 for the tip. so, here i am, let it rock or drop !

[Zuess421]

How is Oxford working for you? I was wondering if they are good or if I should dump my subscription. I haven't been able to use it yet I have been putting everything into cydy.

[100lbStriper]

i guess we all got turned on to this via oxford ?

[mockrocker]

I'm Seeing Gains on the Stock. Im ready for an uphill ride! Any chatter out there about IPO on the NYSE?

[Amrated]

Yes

[Rich30]

Seeing some positive movement.

[stocker11]

Wow - look at those numbers. Why is the stock price so low???

The company reported unaudited consolidated revenue of NT$589.735 billion for October 2018, up by 0.82% MoM and up by 21.48% YoY. Year-to-date revenue totaled NT$4,075.597 billion, up by 17.70% from previous year.
The above table contains the same unaudited figures as those filed with the Taiwan Stock Exchange ("TSE"). Please refer to the audited financial statements for official figures.

[sohelpmegod]

2018-11-09
Hon Hai Precision Industry Co., Ltd. announced unaudited consolidated revenue-http://www.foxconn.com/Message_En.html?index=89 for October 2018

[bar1080]

Foxconn/Hon Hai faces "very difficult and competitive year," according to an internal memo viewed by Bloomberg."

"Apple assembler plans $2.88B in cuts"

https://seekingalpha.com/news/3411560-apple-assembler-plans-2_88b-cuts

[Adamac45]

I am surprised their are no recent updates on this board. Thinking of buying some. Does anyone else think that this could be the next Amazon, Netflix, etc as suggested by others?