Highlights
KLSE: SKPRES (7155)       SKP RESOURCES BHD MAIN : Industrial Products
Last Price Today's Change   Day's Range   Trading Volume
2.24   -0.08 (3.45%)  2.23 - 2.34  8,557,000
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Overview

Market Cap: 2,800 Million
NOSH: 1,250 Million
Avg Volume (4 weeks):6,697,047
4 Weeks Range:1.87 - 2.34
4 Weeks Price Volatility (%):
78.72%
52 Weeks Range:0.66 - 2.34
52 Weeks Price Volatility (%):
94.05%
Average Price Target: 1.97
Price Target Upside/Downside: -0.27

Financial Highlight

Latest Quarter | Ann. Date 30-Sep-2020 [#2]  |  19-Nov-2020
Next QR | Est. Ann. Date: 31-Dec-2020  |  27-Feb-2021
T4Q P/E | EY: 32.41  |  3.09%
T4Q DY | Payout %: 0.00%  |  - %
T4Q NAPS | P/NAPS: 0.5299  |  4.23
T4Q NP Margin | ROE: 4.10%  |  13.04%

Headlines

Date Subject
19-Jan-2021 Mplus Market Pulse - 19 Jan 2021
19-Jan-2021 PublicInvest Research Daily - 19 Jan 2021
18-Jan-2021 【行家论股/视频】星光资源 全年财测下修4.6%
18-Jan-2021 Mplus Market Pulse - 18 Jan 2021
11-Jan-2021 Mplus Market Pulse - 11 Jan 2021
31-Dec-2020 [转贴] SKP Resources Berhad - E.E. CAMERON
09-Dec-2020 Daily technical highlights – (SKP, TGUAN)
08-Dec-2020 Trading Stocks - SKP Resources
20-Nov-2020 SKP Resources - A record high quarter
20-Nov-2020 SKP RESOURCES BERHAD - Expected Turnaround
20-Nov-2020 SKP Resources - Recovery Momentum to Continue
13-Oct-2020 Trading Stocks - SKP Resources
30-Sep-2020 Daily technical Highlights - (JTIASA, SKPRES)
23-Sep-2020 Trading Stocks - SKP Resources
16-Sep-2020 星光资源上挑RM1.75/敏源
15-Sep-2020 【行家论股/视频】星光资源 大客户订单强劲
02-Sep-2020 2Q 2020 Result Round-Up - Another Weak Quarter
01-Sep-2020 SKP Resources Berhad - Robust Prospects
26-Aug-2020 Stocks on Radar - SKP Resources (7155)
17-Aug-2020 M+ Online Technical Focus - 17 August 2020

Business Background

SKP Resources Berhad is principally involved in manufacturing plastic products and molds, which are predominantly carried out in Malaysia. The company manages its business through its subsidiaries and is engaged in the manufacturing of plastic products such as computer accessories, video accessories, audio accessories and miscellaneous accessories. The company also engages in letting of property and property holding.
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  26 people like this.
 
soonheng As a one-stop plastics solutions provider, SKP also specialises in contract manufacturing and component assembly, providing customers with fully integrated, turnkey box-building services. Using state-of-the-art production facilities, right process design, stringent quality control, experiences technical and production personnel, and a large team of trained assemblers, we can turn your plastics components into finished products right on our production floor. strong supply chain management has given us the competitive edge as a full-service supplier to our clients who increasingly rely on us to manage their supply and logistics chain. SKP relies on our ef ficient supply chain management from material and component sourcing all the way to assembly, storage, and even international shipment of the finished product – giving our customers the added assurance of cost efficiencies, end-to-end delivery, and quality control from fabrication to end-user delivery.
20/11/2020 5:36 PM
soonheng CONTRACT MANUFACTURING & COMPONENT ASSEMBLY
20/11/2020 5:36 PM
soonheng Public Islamic Opportunities Fund Acquired SKPRES 18,470,700 shares
20/11/2020 5:36 PM
soonheng Kenanga Growth Fund Acquired SKPRES 8,852,300 shares
20/11/2020 5:37 PM
soonheng Norges Bank Acquired SKPRES 21,348,100 shares
20/11/2020 5:37 PM
farid SKP Resources upgraded on strong order flow .Analysts have upgraded SKP Resources Bhd to reflect its strong order flow outlook and potential further margin expansion from higher contribution of its printed circuit board assembly (PCBA) operations.
CGS-CIMB's analyst Syazwan Aiman Sobri said in a note dated Nov 19 that SKP's 1HFY21 core net profit of RM54.1 million came in at 45% of his full-year forecasts.
The key reason was stronger-than-expected revenue recovery post-1QFY21, and better-than-expected earnings before interest, taxes, depreciation and amortisation margins due to better economies of scale.
"On the back of a strong quarter-on-quarter net profit recovery in 2QFY21, we expect order momentum to continue, leading to a strong 2HFY21.
Despite ongoing concerns over the Covid-19 outbreak, he gathered that order flows from its key customers remain robust and should underpin a stronger 2HFY21.
"We think margins are likely to remain strong going into 2HFY21, underpinned by better economies of scale from stronger sales volumes, and margin expansion from increasing contribution from its PCBA operations, both of which were already seen in 2QFY21.
He also raised his FY21 to FY23 earnings per share by 6.9% to 8.9% mainly to account for better order traction.
"As we turn more positive on SKP's prospects, we upgrade our call on the stock to an add (from hold), with our end-2021 target price (TP) now at RM2.35 (from RM1.60).
20/11/2020 11:37 PM
farid UOB-Kay Hian's analyst Desmond Chong also increased his FY21 to FY22 net profit forecasts for SKP by 5% and 18% respectively to account for additional contract wins from its key customers and margin improvement on better operational efficiency.
"SKP reported record-high revenue and profit in 2QFY21 on strong orders ramp-up from its key customers. We expect sales momentum to continue in 3QFY21, driven by festive demand and full-quarter contributions from new products.
He has upgraded SKP to buy and lifted its TP to RM2.26, from RM1.46.
"SKP is trading at a 17% discount to peers' FY22 average PE amid expected two-year net profit compound annual growth rate of 44%.
SKP yesterday announced that its net profit for the second quarter ended Sept 30, 2020 (2QFY21) surged 76.9% to RM44.07 million, from RM24.91 million a year ago.
Its revenue for 2QFY21 jumped 49.18% to RM726.31 million, from RM486.86 million.
The group said it delivered a sterling performance and posted its highest-ever quarterly revenue of RM726.3 million with profit before tax of RM57.8 million due to strong demand from existing key customers.
For the half year ended Sept 30, 2020, the group's net profit climbed 24.67% to RM54.1 million, from RM43.4 million a year earlier.
Its revenue for the half-year period also rose 32.43% to RM1.12 billion, from RM849.4 million.
The group said its prospects remain good and the board is optimistic and expects to achieve profit growth for the financial year ending March 31, 2021.
20/11/2020 11:37 PM
Warrant Buffet https://klse.i3investor.com/blogs/buyandholdlt/2020-11-22-story-h1536551171-__MTAG___Investing_in_UK_s_richest_man.jsp
22/11/2020 6:30 PM
nakata @soonheng , hi SoonHeng, is there any site to know investors are buying and selling the shares? like what you are sharing on Public Islamic Opportunities Fund, Kenanga Growth Fund and etc ?
23/11/2020 9:48 AM
soonheng Employees Provident Fund Board Acquired SKPRES 20,712,100 shares
23/11/2020 10:37 AM
Booyeah https://jawplace.com/mtag-berhad-looking-beyond-quarterly-results-taking-a-longer-term-perspective/
24/11/2020 7:18 PM
wehcant Superb QR also no use. No momentum at all.
25/11/2020 10:52 AM
Kang Yao If you want momentum you keep buying. Kekeke
01/12/2020 6:54 AM
vol123 KUMPULAN WANG PERSARAAN (DIPERBADANKAN) (a substantial shareholder) acquired 128,900 shares on 30-Nov-2020.

KUMPULAN WANG PERSARAAN (DIPERBADANKAN) (a substantial shareholder) acquired 556,000 shares on 27-Nov-2020.

wow!
01/12/2020 6:37 PM
Ivan89 good counter
01/12/2020 8:54 PM
wehcant Dyson is rolling out so many new products. No wonder price of SKP keeps going up lah.
02/12/2020 4:36 PM
Mcaresdk91 skpres safe bet.no goreng2..steady uptrend
02/12/2020 9:00 PM
investortrader88 fly higher !
03/12/2020 11:16 AM
therookieechingchong this is a steady bombibi counter. always steady growth and gain senyap senyap
03/12/2020 12:19 PM
jerebubu up up here we go go~~
SKP catching up with big bro VS/ATAIMS
03/12/2020 3:15 PM
Kang Yao https://www.malaymail.com/news/money/2020/11/27/dyson-to-invest-us3.7b-to-double-product-range-by-2025/1926534

invest £2.75 billion in R&D, would translate to at least £275b in product retail i assumed.
03/12/2020 3:49 PM
Larrytrader Post removed. Why?
03/12/2020 3:52 PM
Mcaresdk91 wow.skpres real power slowly came out today.safe bet,highly recommended..
03/12/2020 7:18 PM
Black Swan Antifragile FPI 2.43
SKPRES 2.24

Both has surged up since the quarter announcements.


Fabien "The Efficient Capital Allocater" Both SKPRES & FPI announced record quarterly revenue & net profit

EMS companies are benefitting from the diversion of supply chain and reduced reliance on China

The growth story has always been there. The coming earnings announcement would validate such narratives.

SKP today have touched its year high of 1.95

I have two EMS in my portfolio, SKPRES & FPI

Watch this space

19/11/2020 7:43 PM


Sep 28, 2020 8:18 PM | Report Abuse

SKPRES is a proxy to investing in Dyson.

The company is well positioned to record explosive earnings growth this year, mainly driven by higher demand for Dyson products.

Can the demand be sustained?

2 emerging trends are in favor:

First, thanks to Covid and the resulting shift to WFH trend, has resulted in increased demand for both household and hygiene products

Also bear in mind, there is a natural replacement cycle for household appliances.

there is a healthy pipeline of new products, more innovative products to automate more household chores

Second, Covid + trade war has prompted many MNCs to diversify their supply chain and reduce reliance on China

I see this as a permanent structural change in the supply chain where more manufacturers are relocating into ASEAN

PCBA is also contributing positively, gestation period is over, which would contribute to improvement in margin in coming quarters.

I am optimistic.
03/12/2020 7:24 PM
fishchu Another sector that was deemed the darling of investors comprise the semiconductor-related firms. This sector too has seen significant improvements in both q-o-q and y-o-y earnings performance.
Eight out of the 10 semiconductor-related companies among the top 100 firms saw double-digit growth in earnings. VS Industry Bhd returned to the black this quarter while SKP Resources Bhd saw 339.15% q-o-q growth in 3Q20. Inari Amertron Bhd (+97.53% q-o-q), Unisem (M) Bhd (+49.47% q-o-q) and Greatech Technology Bhd (+31.73% q-o-q) all saw more than 30% q-o-q growth in net profit.
On a yearly basis, Unisem managed to report a profitable quarter compared to a loss-making 3Q19. Interestingly, half of these 10 companies saw more than 50% y-o-y growth. Vitrox Corp Bhd grew 114.45% y-o-y, followed by UWC Bhd (+85.11% y-o-y), Greatech (+79.7% y-o-y), SKP Resources (+76.9% y-o-y) and Malaysian Pacific Industries Bhd (+50.32% y-o-y).
03/12/2020 10:20 PM
paperplane Skpres also bullrun!
04/12/2020 2:35 AM
paperplane go go go
04/12/2020 9:15 AM
wehcant With all time high EPS of 3.53, SKPRES will be on its way to break its all time high price of 2.35. It's no longer a matter of if, it's WHEN.
04/12/2020 9:28 AM
paperplane using SIA LANG OLDMAN LOGIC, 0.0353x4QXp/E 20=RM2.80
04/12/2020 9:32 AM
paperplane I guess next few q gonna continue have great results
05/12/2020 9:59 PM
DatukSeriLee stupid kwap keep selling. :)
18/12/2020 9:47 AM
paperplane SKPRES is laggard, both VS and ATAIMS fly high high alredi
02/01/2021 12:52 PM
123456 Good counter to keep, coming qrs shall be fantastic......
08/01/2021 1:20 PM
UnkleLim UnkleLim waiting at 1.9 - 1.95 kiki
08/01/2021 2:24 PM
123456 UnkleLim Monday will reach your dream price......
08/01/2021 9:16 PM
123456 Let's wait for Monday.......
08/01/2021 9:17 PM
UnkleLim Okay. UnkleLim will buy 10k shares test water. UnkleLim bought during last year March at 80cents and made good return. Now come back again
08/01/2021 10:22 PM
123456 UnkleLim congratulation to you, today your dream comes true.
11/01/2021 2:30 PM
123456 Today maybe the best opportunity for you to buy.
11/01/2021 2:31 PM
UnkleLim UnkleLim bought 10k shares at 1.88. You should buy as well
11/01/2021 4:20 PM
123456 UnkleLim I bought in a bit earlier, now staying in high condo. Anyway it is good counter, just a matter of time. QR consider as record high but share price a bit disappointing......just hope for the best......
11/01/2021 10:28 PM
UnkleLim Yeap. Maybe you can try buy some at current low price
12/01/2021 9:36 AM
UnkleLim Jcy habis liao
15/01/2021 3:32 PM
invest4tomoro https://www.thestar.com.my/business/business-news/2021/01/15/skp-suspends-johor-baru-operations-due-to-covid-19
15/01/2021 8:47 PM
wehcant Patience will be well-rewarded. Well done SKP's holders.
18/01/2021 4:30 PM
WaAdaLui Break new HIGH very soon !!!!!
21/01/2021 3:30 PM
wehcant Next time don't sell prematurely, OK? Quite painful to see the price keep going up after selling, right?
21/01/2021 3:32 PM
wehcant SKP is on its way to hit its all time HIGH!
21/01/2021 3:33 PM
wehcant With all time thigh EPS, anything is possible.
21/01/2021 3:58 PM
wehcant Been holding this gem since last June.
21/01/2021 4:15 PM


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