Highlights

Philip ( buy what you understand)'s Portfolio: PHILIP FARMS TRACKED PORTFOLIO ON I3INVESTOR 

(Access Type : SHARED)

Portfolio : PHILIP FARMS TRACKED PORTFOLIO ON I3INVESTOR - Quarterly Snapshot at [2023 Q1]

Change in Value: -2,057,410.08  |  -3.44% over beginning value of 59,735,568.26  |  Ending Value: 57,678,158.18

Change in Value: -2,057,410.08  |  -3.44% over beginning value of 59,735,568.26

Capital Change % Current Return % Change in Value %
0.00 0.00% -2,057,410.08 -3.44% -2,057,410.08 -3.44%

Ending Value: 57,678,158.18  |  Change in Value: -2,057,410.08  |  -3.44% over beginning value of 59,735,568.26

Beginning Value Change in Value % Ending Value
59,735,568.26 -2,057,410.08 -3.44% 57,678,158.18

Total Capital: 37,874,510.95  |  Capital Change: 0.00

Net Cash Deposit: 0.00

Net Cash Deposit: 0.00  |  Cash Deposit: 0.00  |  Cash Withdrawal: 0.00

Cash Deposit # of Transactions Cash Withdrawal # of Transactions Net Cash Deposit
0.00 0 0.00 0 0.00
Net Share Deposit: 0.00

Net Share Deposit: 0.00  |  Share Deposit: 0.00  |  Share Withdrawal: 0.00

Share Deposit # of Transactions Share Withdrawal # of Transactions Net Share Deposit
0.00 0 0.00 0 0.00
Total Capital: 37,874,510.95

Capital Change: 0.00  |  Net Cash Deposit: 0.00  |  Net Share Deposit: 0.00

Net Cash Deposit # of Transactions Net Share Deposit # of Transactions Capital Change
0.00 0 0.00 0 0.00

Total Capital: 37,874,510.95  |  Previous Capital: 37,874,510.95  |  Capital Change: 0.00

Previous Capital Net Cash Deposit Net Share Deposit Capital Change Total Capital
37,874,510.95 0.00 0.00 0.00 37,874,510.95

Current Return: -2,057,410.08  |  IRR: -13.38%  |  -5.43% return over total capital of 37,874,510.95  |  -3.44% return over beginning value of 59,735,568.26

Capital Gain: -2,591,070.08

Realized Gain: +208,297.61  |  0.55% return over total capital of 37,874,510.95  |  1 transactions...

Date Type Stock Unit Price Sell Qty. Net Amt. Balance Shares Sale Cost Realized Gain
04-Jan-2023 Sell PCHEM 8.55 -100,000 -851,606.00 2,833,200 643,308.39 +208,297.61
Total Capital: 37,874,510.95 -100,000 -851,606.00 +208,297.61 [0.55%]

Change in UnRealized Gain: -2,799,367.69  |  -7.39% return over total capital of 37,874,510.95

Previous UnRealized Gain Current UnRealized Gain Change in UnRealized Gain %
+2,685,039.64 -114,328.05 -2,799,367.69 -7.39%

Capital Gain: -2,591,070.08  |  -6.84% return over total capital of 37,874,510.95

Realized Gain # of Transactions % Change in UnRealized Gain % Capital Gain %
+208,297.61 1 0.55% -2,799,367.69 -7.39% -2,591,070.08 -6.84%
Net Misc Income: 0.00

Net Misc Income: 0.00  |  Misc Income: 0.00  |  Misc Charges 0.00

Misc Income # of Transactions % Misc Charges # of Transactions % Net Misc Income %
0.00 0 0.00% 0.00 0 0.00% 0.00 0.00%
Dividend: +533,660.00

Dividend: +533,660.00  |  1.41% return over total capital of 37,874,510.95  |  3 dividends received.

Stock Ex. Date Payment Date Type Average Cost Shares Per Share Charges Net Amount Note
PCHEM 13-Mar-2023 23-Mar-2023 Dividend 19,037,475.78 2,933,200 0.16 0.00 +469,312.00  - 
KAWAN 13-Mar-2023 31-Mar-2023 Dividend 439,883.40 200,000 0.036 0.00 +7,200.00  - 
QL 14-Mar-2023 29-Mar-2023 Dividend 7,508,265.99 1,632,800 0.035 0.00 +57,148.00  - 
Total Capital: 37,874,510.95 +533,660.00 [1.41%]
Current Return: -2,057,410.08

Current Return: -2,057,410.08  |  -5.43% return over total capital of 37,874,510.95  |  -3.44% return over beginning value of 59,735,568.26

Capital Gain % Dividend % Interest % Net Misc Income % Current Return %
-2,591,070.08 -6.84% +533,660.00 1.41% 0.00 0.00% 0.00 0.00% -2,057,410.08 -5.43%
Stock Quarterly Performance: -2,057,410.08

Quarterly Return: -2,057,410.08  |  Dividend: +533,660.00  |  Quarterly Capital Gain: -2,591,070.08

Stock Name Prev. Quarter Price Prev. Quarter Qty. Prev. Quarter Value Buy Sell Dividend Quarterly Return IRR (%) Δ Qty. Quarter End Price Quarter End Qty. Quarter End Value
HARTA 1.70 5,045,000 8,576,500.00 0.00 0.00 0.00 +1,009,000.00 57.79 0 1.90 5,045,000 9,585,500.00
KAWAN 2.22 200,000 444,000.00 0.00 0.00 +7,200.00 -12,800.00 -11.34 0 2.12 200,000 424,000.00
PCHEM 8.60 2,933,200 25,225,520.00 +1,291,419.58 -851,606.00 +469,312.00 -3,963,397.58 -51.11 +70,000 7.07 3,003,200 21,232,624.00
QL 5.51 1,632,800 8,996,728.00 0.00 0.00 +57,148.00 +546,988.00 27.42 0 5.81 1,632,800 9,486,568.00
SDS - - - +534,287.60 0.00 0.00 +11,712.40 9.64 +700,000 0.78 700,000 546,000.00
SKPRES 1.61 1,387,500 2,233,875.00 +63,270.90 0.00 0.00 -500,270.90 - +50,000 1.25 1,437,500 1,796,875.00
YINSON 2.43 5,538,500 13,458,555.00 0.00 0.00 0.00 +775,390.00 25.82 0 2.57 5,538,500 14,233,945.00
YINSON-WA 0.46 474,800 218,408.00 0.00 0.00 0.00 +75,968.00 240.12 0 0.62 474,800 294,376.00
+533,660.00 -2,057,410.08

Cumulative Return: +19,803,647.23  |  IRR: 9.75%  |  UnRealized Gain/(Loss): -114,328.05  |  Stock Performance: +20,059,647.23

All Time Performance: +19,803,647.23  |  IRR: 9.75%  |  52.29% return over total capital of 37,874,510.95

Total Capital All Time Performance % Market Value
37,874,510.95 +19,803,647.23 52.29% 57,678,158.18

UnRealized Gain/(Loss): -114,328.05  |  -0.20% return over stock cost of 57,714,216.05  |  8 stocks...

Stock Name     Price Qty. Average Cost Per Share Market Value Per Share Unrealized Gain / (Loss) %
HARTA View note MYR 1.88 5,045,000 15,893,596.83 3.150 9,484,600.00 1.88 -6,408,996.83 -40.32%
KAWAN MYR 2.08 200,000 439,883.40 2.199 416,000.00 2.08 -23,883.40 -5.43%
PCHEM View note MYR 7.08 3,003,200 19,517,632.96 6.498 21,262,656.00 7.08 +1,745,023.04 8.94%
QL View note MYR 5.65 1,632,800 7,508,265.99 4.598 9,225,320.00 5.65 +1,717,054.01 22.87%
SDS View note MYR 0.68 700,000 534,287.60 0.763 476,000.00 0.68 -58,287.60 -10.91%
SKPRES MYR 1.30 1,437,500 2,129,037.58 1.481 1,868,750.00 1.30 -260,287.58 -12.23%
YINSON View note MYR 2.62 5,538,500 11,691,511.69 2.110 14,510,870.00 2.62 +2,819,358.31 24.11%
YINSON-WA View note MYR 0.595 474,800 0.00 0.000 282,506.00 0.595 +282,506.00 +∞
57,714,216.05 57,599,888.00 -114,328.05 -0.20%

Stock Performance: +20,059,647.23  |  53.44% return over balance cost of 37,540,240.77  |  37 stocks...

Stock Name     Price Qty. Balance Cost Per Share Market Value Per Share Total Return %
AWC View note MYR 0.51 0 1,801.85 0.000 0.00 0.51 -1,801.85 -100.00%
BAUTO MYR 2.31 0 34,191.00 0.000 0.00 2.31 -34,191.00 -100.00%
CHOOBEE MYR 0.98 0 -6,203.46 0.000 0.00 0.98 +6,203.46 +∞
DKSH View note MYR 4.70 0 -10,001.14 0.000 0.00 4.70 +10,001.14 +∞
GKENT View note MYR 0.50 0 -421,558.09 0.000 0.00 0.50 +421,558.09 +∞
HARBOUR MYR 1.16 0 -258,843.02 0.000 0.00 1.16 +258,843.02 +∞
HARTA View note MYR 1.90 5,045,000 15,302,665.29 3.033 9,585,500.00 1.90 -5,717,165.29 -37.36%
HIAPTEK MYR 0.34 0 29,854.38 0.000 0.00 0.34 -29,854.38 -100.00%
HUPSENG MYR 0.71 0 462.03 0.000 0.00 0.71 -462.03 -100.00%
INNO MYR 1.37 0 -33,801.30 0.000 0.00 1.37 +33,801.30 +∞
KAWAN MYR 2.12 200,000 432,683.40 2.163 424,000.00 2.12 -8,683.40 -2.01%
LCTITAN MYR 1.35 0 -59,304.90 0.000 0.00 1.35 +59,304.90 +∞
MRDIY MYR 1.55 0 -93,806.40 0.000 0.00 1.55 +93,806.40 +∞
MYNEWS View note MYR 0.50 0 -30,297.20 0.000 0.00 0.50 +30,297.20 +∞
PARAMON MYR 0.755 0 -1,445.37 0.000 0.00 0.755 +1,445.37 +∞
PCHEM View note MYR 7.07 3,003,200 12,016,671.70 4.001 21,232,624.00 7.07 +9,215,952.30 76.69%
PEKAT MYR 0.42 0 -208,076.50 0.000 0.00 0.42 +208,076.50 +∞
PMETAL MYR 4.87 0 -68,921.25 0.000 0.00 4.87 +68,921.25 +∞
PTRB View note MYR 0.46 0 10,406.10 0.000 0.00 0.46 -10,406.10 -100.00%
QL View note MYR 5.81 1,632,800 5,020,102.22 3.074 9,486,568.00 5.81 +4,466,465.78 88.97%
RENEUCO MYR 0.21 0 -2,074,122.35 0.000 0.00 0.21 +2,074,122.35 +∞
RENEUCO-WA MYR 0.07 0 -4,628.23 0.000 0.00 0.07 +4,628.23 +∞
RHONEMA View note MYR 0.69 0 6,721.03 0.000 0.00 0.69 -6,721.03 -100.00%
SCIB MYR 0.12 0 -1,594,448.65 0.000 0.00 0.12 +1,594,448.65 +∞
SCIB-WB MYR 0.01 0 -757,558.00 0.000 0.00 0.01 +757,558.00 +∞
SDS View note MYR 0.78 700,000 534,287.60 0.763 546,000.00 0.78 +11,712.40 2.19%
SERBADK MYR 0.02 0 4,293,213.13 0.000 0.00 0.02 -4,293,213.13 -100.00%
SERBADK-WA MYR 0.005 0 77,190.25 0.000 0.00 0.005 -77,190.25 -100.00%
SKPRES MYR 1.25 1,437,500 2,023,095.08 1.407 1,796,875.00 1.25 -226,220.08 -11.18%
SKPRES-WB MYR 0.065 0 -24,911.92 0.000 0.00 0.065 +24,911.92 +∞
SOP View note MYR 2.39 0 -198,799.15 0.000 0.00 2.39 +198,799.15 +∞
STAR MYR 0.325 0 -23,469.00 0.000 0.00 0.325 +23,469.00 +∞
TAGB View note MYR 0.00 0 -1,746.22 0.000 0.00 0.00 +1,746.22 +∞
TOPGLOV View note MYR 0.94 0 -6,783,560.21 0.000 0.00 0.94 +6,783,560.21 +∞
UOADEV View note MYR 1.66 0 -210,563.49 0.000 0.00 1.66 +210,563.49 +∞
YINSON View note MYR 2.57 5,538,500 10,622,961.56 1.918 14,233,945.00 2.57 +3,610,983.44 33.99%
YINSON-WA View note MYR 0.62 474,800 0.00 0.000 294,376.00 0.62 +294,376.00 +∞
37,540,240.77 57,599,888.00 +20,059,647.23 53.44%

Stock Position  |  Stock Value: 57,599,888.00  |  Total Buy: +1,888,978.08  |  Total Sell: -851,606.00  |  Net Buy: +1,037,372.08

Total Buy: +1,888,978.08  |  4 buy transactions...

Date Type Stock Unit Price Buy Qty. Net Amt. Balance Shares Average Cost Per Share Balance Cost Per Share
04-Jan-2023 View note Buy SDS 0.76 +700,000 +534,287.60 700,000 534,287.60 0.763 534,287.60 0.763
13-Feb-2023 Buy PCHEM 8.08 +100,000 +811,262.40 2,933,200 19,037,475.78 6.490 12,005,826.52 4.093
28-Mar-2023 Buy PCHEM 6.83 +70,000 +480,157.18 3,003,200 19,517,632.96 6.498 12,016,671.70 4.001
29-Mar-2023 Buy SKPRES 1.26 +50,000 +63,270.90 1,437,500 2,129,037.58 1.481 2,023,095.08 1.407
920,000 +1,888,978.08

Total Sell: -851,606.00  |  1 sell transactions...

Date Type Stock Unit Price Sell Qty. Net Amt. Balance Shares Sale Cost Realized Gain
04-Jan-2023 Sell PCHEM 8.55 -100,000 -851,606.00 2,833,200 643,308.39 +208,297.61
-100,000 -851,606.00

Total Buy: +1,888,978.08  |  Total Sell: -851,606.00  |  Net Buy: +1,037,372.08

Total Buy Total Sell Net Buy
+1,888,978.08 -851,606.00 +1,037,372.08

Cash Position  |  Cash Balance: 78,270.18  |  Increase in Cash: -503,712.08

Increase in Cash: -503,712.08

Net Cash Deposit Net Sell \ (Buy) Dividend Interest Net Misc Income Increase in Cash
0.00 -1,037,372.08 +533,660.00 0.00 0.00 -503,712.08

Cash Balance: 78,270.18  |  Increase in Cash: -503,712.08

Cash at beginning of period Increase in Cash Cash at end of period
581,982.26 -503,712.08 78,270.18

Allocation  |  Cash Balance: 78,270.18 [0.14%]  |  Stock Value: 57,599,888.00 [99.86%]  |  Market Value: 57,678,158.18

Cash Balance: 78,270.18 [0.14%]  |  Stock Value: 57,599,888.00 [99.86%]  |  Market Value: 57,678,158.18

Cash Balance % Stock Value % Market Value %
78,270.18 0.14% 57,599,888.00 99.86% 57,678,158.18 100%

There are 8 stocks...

Stock Name   Price Qty. Average Cost % Market Value %
HARTA View note MYR 1.88 5,045,000 15,893,596.83 27.50% 9,484,600.00 16.44%
KAWAN MYR 2.08 200,000 439,883.40 0.76% 416,000.00 0.72%
PCHEM View note MYR 7.08 3,003,200 19,517,632.96 33.77% 21,262,656.00 36.86%
QL View note MYR 5.65 1,632,800 7,508,265.99 12.99% 9,225,320.00 15.99%
SDS View note MYR 0.68 700,000 534,287.60 0.92% 476,000.00 0.83%
SKPRES MYR 1.30 1,437,500 2,129,037.58 3.68% 1,868,750.00 3.24%
YINSON View note MYR 2.62 5,538,500 11,691,511.69 20.23% 14,510,870.00 25.16%
YINSON-WA View note MYR 0.595 474,800 0.00 0.00% 282,506.00 0.49%
STOCK 57,714,216.05 99.86% 57,599,888.00 99.86%
$CASH 78,270.18 0.14% 78,270.18 0.14%


  12 people like this.
 
OTB qqq3333 lost money and become a bankrupt 100 times, I am still a millionaire.
I will ensure my statement is 100% correct.
I do not need to tell lies here.
qqq3333 will lose until bankrupt because of many lies he tells in I3.
A good person will not simply telling lies after lies in I3.
19/03/2023 11:10 PM
Philip ( buy what you understand) Respect is earned, not given. And more importantly those who know who you are also know your son. And since your son is in the financial services industry, and we also know your son well, please be respectful. If he one day goes from buy side to sell side banking, do you think your actions and words in public where everyone can see will hurt his chances or make it higher. I for one will not buy a single product from your son, just because of how rude the father is qqq.
>>>>>>>
qqq47660

Goes to show people who tells lies, people who are arrogant will lose their pants and their money
20/03/2023 6:42 AM
speakup exactly! some sifus here is i3 have lost the respect, but they still continue to expect i3 to respect them. if these sifus want respect, just help others in i3 make money, instead of using i3 to push of the shares they bought earlier.
20/03/2023 7:38 AM
speakup help i3 members make money instead of using them! simple. then respect will come
20/03/2023 7:38 AM
OTB Post removed. Why?
20/03/2023 8:39 AM
qqq47660 If otb and Philip can fabricate stuffs about me, they can fabricate stuffs about any thing. This is what money do to these low life people.
20/03/2023 9:48 AM
Zhuge_Liang Post removed. Why?
20/03/2023 9:59 AM
Sslee Trust is earned not given. But respect is given as respect beget respect.

If you send out respectful thoughts, respect from others will come back to you. If you send out hatred, animosity, ill-will, disrespect, etc., similar negative experiences will come back to you.
20/03/2023 10:14 AM
qqq47660 Whatever la,. Fabricating stuffs about other people.....instead of sticking to stock market.....is the stuffs evil people do.
20/03/2023 1:23 PM
qqq47660 Who ever come to i3 to read fabrications about other people? Nobody do that.
20/03/2023 1:25 PM
Zhuge_Liang Post removed. Why?
20/03/2023 2:20 PM
Zhuge_Liang Post removed. Why?
20/03/2023 2:57 PM
TanDavid88 Posted by qqq47660 > 4 hours ago | Report Abuse
Who ever come to i3 to read fabrications about other people? Nobody do that.
----------------
A gentleman will use I3 to share information.
No one dare to use I3 to fabricate stuffs against qqq3333.
However, qqq3333 use I3 platform to attack all his enemies.
qqq3333 is the shameless liar in I3, he used I3 to bullshit and telling lies against his enemies.
Many good sifu left I3, the main reason is because qqq3333 attacked them non-stop in I3. They are forced out by this shameless liar qqq3333 indirectly.
qqq3333 is the crook and the shameless liar we should not forgive in I3.
20/03/2023 5:53 PM
Sunshine88 Dear Philip,
Can you add me in your telegram group.
Thank you
21/03/2023 6:37 AM
Philip ( buy what you understand) I3 does not allow me to post the link in the comment section. But if you scroll up to the very top and read the description of the portfolio page, you will find that I have posted the link to the telegram page 3 times.
21/03/2023 9:19 AM
klee Purebull shit got so so hurt frm some cyberworld posts n remember till today,lmao.You are making a damn fool out of yourself in front of i3 public.Tak malu ka? Btw,who told you i m inside your pathetic channel of 195.lmao.
21/03/2023 8:40 PM
klee Post removed. Why?
21/03/2023 8:41 PM
klee Post removed. Why?
21/03/2023 8:52 PM
Philip ( buy what you understand) The way you talk and act purebull makes me wonder if you were even a universiti Malaya student, much less in your 60's. More importantly the way you articulate your thoughts and how emotional you speak, really makes me wonder if you can even be an effective trader or investor. In any case, please bring your mindless conversation elsewhere and not here in my personal portfolio page.

FYI, I also have a record of our conversation, which you have certainly forgotten. But I don't forget, and I store every tidbit of useful information when I invest, as you should when trading.

5 million rupiah? Please. Have you even traded that much in your entire life?
21/03/2023 9:11 PM
PureBULL ... i never care or bother whether klee is my enemy.,.
i wish him well.,. n hope he can yamseng with me 1 day.,.
am so so sorry to hoot.9.e.,. n wish he can be our true member here.,.

in stocks, do the right steps:
BIG money is in knowing EW:

MAJOR A n C r big huge money.
but we must have the expertise to identify MAJOR B 1st,

i.e. master the thereafter of, IM n or a mild CN.,.
21/03/2023 10:59 PM
klee Post removed. Why?
21/03/2023 11:22 PM
Philip ( buy what you understand) Purebull, please stop with your mumbo jumbo. Getting very irritating, worse than cloud reader saying everything without saying nothing. In the end talk without performance, no results to show is the worst type of shaman, just full of scams. Black you are right. Red others are wrong. How to lose?

This is why only real investors like Warren buffet, Peter lunch and Charlie munger dare to show their portfolio holdings for the entire world to comment on. People know their results, know their thoughts behind the investments, and can calculate the long term results.

Failures hide behind names line purebull and don't even dare to show their portfolio results or manage larger sums of money professionally.

How much do you actually trade a year kid? Makes me wonder.
22/03/2023 2:15 AM
Philip ( buy what you understand) As for me I don't even bother with trying to make money scamming people or showing off how many members I have in my chat group.

I prefer to just mention, every transaction I make has a time stamp in the comments which cannot be edited. By all means take out whatever zeros you need to make yourself feel good.

For me the zeroes are not as important as the dates and long term performance.

What I did during the panic of 2020, why I sold my entire share of topglove, why I bought pchem, why I didn't sell ql, when I added margin, everything is recorded in the daily transactions.

More importantly over the entire turbulent 4 years+ since I started tracking the portfolio, I have achieved CAGR returns year to date of 20.56% despite the big drop this year.

Meaning on average every year I increase my wealth by 20% on average. Can you claim the same over the same period?

Like you said, illiots look for zeros and numbers.

For people who are not interested in small things, the more important details is 20% compounded cagr over 4.6 years, with low volatility of held stocks, and consistent performance.

What do zeros matter when you have details to look at on a daily basis over 4 years?

Truly throw pearls before swine.

So called MU graduate that can't even understand the value of what I am presenting.

Pathetic.
22/03/2023 2:26 AM
PureBULL ... THIS IS BANKING CRISIS NOW

BIG banks in the US n oso europar went bankrupt or to ZERO.,.

i.e. total FEAR to money managers everywhere all at once.,.

World # 1 hedgee, Ray Dalio's wise words,
be Defensive, then U can keep your MONEY.,.
24/03/2023 8:21 PM
klee Never act like a WH ORE.
25/03/2023 4:42 PM
Philip ( buy what you understand) And yet if you take a look at my portfolio and many other long term investor it is clear to see that when the market is panicking is the best time to buy stocks and put that margin into action.

Just look at March 2020 transaction record when I began buying big when everybody is panicking. Meanwhile people like purebull talking big when their trading accounts being hit by huge margin losses.

>>>>>

World # 1 hedgee, Ray Dalio's wise words,
be Defensive, then U can keep your MONEY.,.


26/03/2023 12:02 PM
OTB Hopefully there is no bank crisis in the US and Europe.
The low of FBMKLCI is 1,373.
When this level is hit, it is a double bottom.
I believe we can start to buy some stocks we like and those we missed out in the last few months.
Let us focus on the sector that can outperform the market.

I intend to focus on stocks that can grow in a bit longer term to win big.
I am not interested in short term trading, very difficult to manage due to volatile market condition.
Easier to buy and hold good growth stocks.
You can find many good fundamental stocks to buy now.
Thank you.
28/03/2023 3:00 PM
30/03/2023 8:14 PM
Philip ( buy what you understand) Very happy with my autocount ipo grabbing a few shares of a company that everyone I know uses. Question now is, do we buy more?
09/05/2023 12:01 PM
Philip ( buy what you understand) Sold autocount to buy some discount skp stock
24/05/2023 9:09 AM
Choivo Capital How is their dyson contracts, from what i know their pricing is losing out to the vietnamese.
29/05/2023 5:16 PM
Philip ( buy what you understand) Really? Which Vietnamese firms are getting the orders?
30/05/2023 3:11 PM
Sslee More discount SKP and Pchem coming?

By Justin Lim | theedgemalaysia.com | 2023-05-31 01:24:41
KUALA LUMPUR (May 31): SKP Resources Bhd’s net profit fell 63.31% to RM20.09 million in the fourth quarter ended March 31, 2023 (4QFY2023) from RM54.76 million a year ago, dragged by rising production costs.

In a bourse filing, it said production costs rose due to higher manpower costs, lower manufacturing plant utilisation rate and a softer order book. This resulted in gross profit margin dropping to 8% from 14% previously.

Revenue dropped 13.8% to RM500 million in 1QFY2023 from RM580.06 million a year before.

For the full FY2023, SKP Resources posted a net profit of RM144.49 million, down 16.67% from RM173.40 million in FY2022, despite revenue growing 9.06% to RM2.53 billion from RM2.32 billion, no thanks to a higher increase in cost of sales to RM2.21 billion from about RM2 billion previously, higher operating expenses of RM152.11 million as opposed to RM125.42 million previously, while other operating income about halved to RM11.21 million from RM21.05 million.

Going forward, SKP Resources said the group will remain vigilant in view of the challenging macroeconomic outlook, and that it will continue to focus on managing its manpower and supply chain to ensure cost optimisation at its manufacturing bases.

The group also said it will continue to expand its printed circuit board assembly, injection moulding and engineering capabilities.

Shares of SKP Resources closed unchanged at RM1.02 on Tuesday (May 30), giving the electronics manufacturing services player a market capitalisation of RM1.59 billion.

Year-to-date, the stock has fallen 37% from RM1.61 on Jan 3, 2023.

Edited by Tan Choe Choe
31/05/2023 10:04 AM
i3lurker sslee
its time for you to dump your puppy love of buywhatyoudonotunderstandandhavenoidea

move on with your life.

I believe there are plenty of other aqua all over the place.
31/05/2023 10:09 AM
Philip ( buy what you understand) I3lurker, it is time to realize that no one on i3investors cares what you believe. Time to get a life.
31/05/2023 11:59 AM
qqq47660 skp, ql,, P chem, yinson, all didn't work.

none can escape weak revenue and higher costs.

more important, no one is special, all are subject to dynamic of the market

tactics and strategies of a bull market all die in the bear market. That is what it is.

rising tide covers all dirt, lowering tides all the dirt come out.
31/05/2023 1:28 PM
qqq47660 all the banks reported good results, but even bank shareholders nothing much to celebrate.

that is what it is. What u see is what u get.
31/05/2023 1:30 PM
qqq47660 Money can still be make in the private sector from private equities, taking companies public, but fighting in bursa, susah sangat. Supply more than demand. Malaysia, first and earliest to tap into foreign investors. in the early 1990s, but 30 years later the country cannot escape the middle income trap.



International investors are smarter if they set up shop in Africa...........
31/05/2023 1:38 PM
qqq47660 for malaysians, can buy any share in Wall Street or HK, .................... those markets got more energy.
31/05/2023 1:40 PM
qqq47660 every market is different. U cannot use wall street method in Bursa ...u know US companies when successful can conquer the world, our best companies can become jagoh kampong.
31/05/2023 2:23 PM
qqq47660 what happens when banks makes all the money
and the best young brains all go into stock market?

we have been doing that for 30 years and this is the result.
31/05/2023 3:08 PM
Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ Too many smart brains are trying to make money from financial assets.
They are better employed in the real economy producing good and services, which create real wealth for the economy.
31/05/2023 4:31 PM
Sslee https://klse.i3investor.com/blogs/Sslee_blog/2023-06-16-story-h-267781246-6_months_12_months_and_18_months_ROI_contest.jsp

Philip you are welcome to take on the above competition.
16/06/2023 3:11 PM
qqq47660 Malaysia how many shares near 12 month high...what are they? Book knowledge and your investment skill help u to pick them?
30/06/2023 8:18 PM
qqq47660 My proposition is it doesn't. My proposition is it is dead as a cat. Poke also no reaction...wall street HK is different. At least wall street and HK still got reaction still got energy...still can apply your skill and try your luck
30/06/2023 8:20 PM
qqq47660 People blame this blame that, blame Anwar blame government.

I don't . I think it beyond what the government can do. Nowadays when u see regional funds talk hedge funds talk, they don't even mention Malaysia
30/06/2023 8:23 PM
qqq47660 Stock market is about money power.

When there is money power, there is stock god.

When there is no money power as now, u can only talk about diversification and risks..
Or better for most people, don't know bursa may be better
30/06/2023 9:32 PM
qqq47660 The last few years more and more Malaysian playing wall street and HK, who is taking care of Bursa?
30/06/2023 10:21 PM
qqq47660 No share is best...even wall street is at risk by end of year.
01/07/2023 6:02 PM
qqq47660 Foreign investors trading in wall street jump by 800% in recent years thanks in large part to internet trading....while Malaysia have drop off the radar
02/07/2023 2:30 PM