Highlights
KLSE: SKPRES (7155)       SKP RESOURCES BHD MAIN : Industrial Products
Last Price Today's Change   Day's Range   Trading Volume
1.99   +0.02 (1.02%)  1.97 - 2.00  487,100
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Financials


Market Cap: 2,488 Million

Market Cap 2,488 Million
NOSH 1,250 Million

Latest Audited Result:  31-Mar-2020

Latest Audited Result: 31-Mar-2020
Announcement Date 28-Aug-2020
Next Audited Result: 31-Mar-2021
Est. Ann. Date: 28-Aug-2021
Est. Ann. Due Date: 27-Sep-2021

Latest Quarter:  30-Sep-2020 [#2]

Latest Quarter: 30-Sep-2020 [#2]
Announcement Date 19-Nov-2020
Next Quarter: 31-Dec-2020
Est. Ann. Date: 27-Feb-2021
Est. Ann. Due Date: 01-Mar-2021
QoQ | YoY   339.15%  |    76.90%

Annual (Unaudited) ( EPS: 6.05, P/E: 32.87 )

Revenue | NP to SH 1,826,733  |  75,693
RPS | P/RPS 146.12 Cent  |  1.36
EPS | P/E | EY 6.05 Cent  |  32.87  |  3.04%
DPS | DY | Payout % 0.00 Cent  |  0.00%  |  - %
NAPS | P/NAPS 0.49  |  4.06
YoY   -22.46%
NP Margin | ROE 4.09%  |  12.36%
F.Y. | Ann. Date 31-Mar-2020  |  22-Jun-2020

T4Q Result ( EPS: 6.91, P/E: 28.79 )

Revenue | NP to SH 2,102,185  |  86,400
RPS | P/RPS 168.15 Cent  |  1.18
EPS | P/E | EY 6.91 Cent  |  28.79  |  3.47%
DPS | DY | Payout % 0.00 Cent  |  0.00%  |  - %
NAPS | P/NAPS 0.53  |  3.76
QoQ | YoY   28.49%  |    -0.78%
NP Margin | ROE 4.10%  |  13.04%
F.Y. | Ann. Date 30-Sep-2020  |  19-Nov-2020

Annualized Result ( EPS: 8.66, P/E: 22.99 )

Revenue | NP to SH 2,249,712  |  108,208
RPS | P/RPS 179.95 Cent  |  1.11
EPS | P/E | EY 8.66 Cent  |  22.99  |  4.35%
DPS | DY | Payout % -
NAPS | P/NAPS -
QoQ | YoY   169.58%  |    24.67%
NP Margin | ROE 4.81%  |  16.33%
F.Y. | Ann. Date 30-Sep-2020  |  19-Nov-2020



Business Performance

Business Performance (By Quarter)

Trailing 4 Quarters Trailing 8 Quarters
Available Quarters 4 Quarters 8 Quarters
Continuous Quarters Of Revenue Growth 1 / 4 25.00% 1 / 8 12.50%
Total Positive Profit Years 4 / 4 100.00% 8 / 8 100.00%
Continuous Quarters Of Positive Profit 4 / 4 100.00% 8 / 8 100.00%
Continuous Quarters Of Profit Growth 2 / 4 50.00% 2 / 8 25.00%
Continuous Quarters Of Adjusted EPS Growth 2 / 4 50.00% 2 / 8 25.00%
Total Dividend Years 0 / 4 0.00% 0 / 8 0.00%
Continuous Quarters Of Dividend 0 / 4 0.00% 0 / 8 0.00%
Continuous Quarters Of Dividend Growth 0 / 4 0.00% 0 / 8 0.00%
Continuous Quarters Of Adjusted Dps Growth 0 / 4 0.00% 0 / 8 0.00%
Average ROE 3.38% 3.51%
Average Net Profit Margin 3.69% 4.53%

Business Performance (By Year)

Last 5 Financial Years Last 10 Financial Years
Available Years 5 Years 10 Years
Continuous Years Of Revenue Growth 1 / 5 20.00% 1 / 10 10.00%
Total Positive Profit Years 5 / 5 100.00% 10 / 10 100.00%
Continuous Years Of Positive Profit 5 / 5 100.00% 10 / 10 100.00%
Continuous Years Of Profit Growth 0 / 5 0.00% 0 / 10 0.00%
Continuous Years Of Adjusted EPS Growth 0 / 5 0.00% 0 / 10 0.00%
Total Dividend Years 0 / 5 0.00% 5 / 10 50.00%
Continuous Years Of Dividend 0 / 5 0.00% 0 / 10 0.00%
Continuous Years Of Dividend Growth 0 / 5 0.00% 0 / 10 0.00%
Continuous Years Of Adjusted Dps Growth 0 / 5 0.00% 0 / 10 0.00%
Average ROE 20.02% 20.93%
Average Net Profit Margin 5.86% 7.19%

Key Result

Key Result

T4Q Annualized Annual (Unaudited) Last 10 FY Average Last 5 FY Average
Revenue 2,102,185 2,249,712 1,826,733 1,068,140 1,711,009
NP to SH 86,400 108,208 75,693 66,054 97,055
Dividend 0 - - 5,613 -
Adjusted EPS 6.91 8.66 6.05 5.28 7.76
Adjusted DPS 0.00 0.00 0.00 0.45 -

NP to SH = Net Profit Attributable to Shareholder, EPS = Earning Per Share, DPS = Dividend Per Share

All figures in '000 unless specified.

EPS & DPS's figures in Cent.


Growth

Growth (By Quarter)

LQ QoQ LQ YoY CQ YoY LQ vs Average of T4Q LQ vs Average of T8Q
Revenue 82.24% 49.18% 32.43% 38.20% 56.67%
NP to Owner 339.15% 76.90% 24.67% 104.02% 103.23%
Dividend 0.00% 0.00% 0.00% 0.00% 0.00%
Adj. EPS 339.15% 77.14% 24.72% 104.12% 103.35%
Adj. DPS 0.00% 0.00% 0.00% 0.00% 0.00%

LQ = Latest Quarter, CQ = Cumulative Quarter, T4Q = Trailing 4 Quarters, T8Q = Trailing 8 Quarters, QoQ = Quarter on Quarter, YoY = Year on Year

Growth (By Year)

T4Q vs LFY T4Q vs AL5FY T4Q vs AL10FY AQR vs LFY AQR vs AL5FY AQR vs AL10FY LFY YoY LFY vs AL5FY LFY vs AL10FY
Revenue 15.08% 22.86% 96.81% 23.15% 31.48% 110.62% 9.72% 6.76% 71.02%
NP to Owner 14.15% -10.98% 30.80% 42.96% 11.49% 63.82% -22.46% -22.01% 14.59%
Dividend 0.00% 0.00% 0.00% - % - % - % 0.00% 0.00% 0.00%
Adj. EPS 14.23% -10.97% 30.81% 43.06% 11.50% 63.82% -22.54% -22.06% 14.51%
Adj. DPS 0.00% 0.00% 0.00% - % - % - % 0.00% 0.00% 0.00%

T4Q = Trailing 4 Quarters, T8Q = Trailing 8 Quarters, AL5FY = Average of Last 5 Financial Years, AL10FY = Average of Last 10 Financial Years, LFY = Latest Financial Year AQR = Annualized Quarter Result, YoY = Year on Year

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  26 people like this.
 
jerebubu breaking 1.80~~~~~
25/09/2020 4:14 PM
Kang Yao very bright prospect from their AGM ey
25/09/2020 4:15 PM
dalpinia https://www.youtube.com/watch?v=ttMtiiSM_eA
28/09/2020 4:13 PM
Fabien "The Efficient Capital Allocater" 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.
28/09/2020 8:18 PM
nicky11 This stock looks ready to boost soon
20/10/2020 10:27 AM
investmalysia Yes. Vs and ataims already boost. Skp next
20/10/2020 1:28 PM
ZoeZoe any TP....2.10?
20/10/2020 2:29 PM
dollardollarbill KPS (code: 5843) - A RM1bil EMS company in disguise?

https://klse.i3investor.com/blogs/dollardollarbill/2020-10-20-story-h1534735929-KPS_code_5843_A_RM1bil_EMS_company_in_disguise_bill_dollardollarbill.jsp
20/10/2020 3:32 PM
investortrader88 nice closing.lets break RM 2 !
20/10/2020 7:46 PM
Aisha When skp wil shoot above rm2. Like no power to push.
23/10/2020 1:16 PM
SuperAsia don't worry , I always tally with Ataims
aTai up ady soon she will follow
24/10/2020 11:18 AM
nakata Anyone idea why KWP keep selling ?
26/10/2020 5:42 PM
gxltwsb skpres is worst than ataims ... huhuhu
28/10/2020 1:51 PM
Atos Ataims n vs good result already announce,now the younger brother skpres going to announce the record revenue n profit. Stay tuned n wait for the ever best qr reports. Buy Buy before it's late.
05/11/2020 10:38 PM
DannyArcher long term, like 2 to 3 years down the road. VS and SKP are the best in term of profit growth. Both are expanding and building new factories and securing new contracts. Growth is there, just have to wait. ATAIMS and PIE are not growing. Buy SKP and VS.
12/11/2020 10:43 PM
flyingtomoon2020 Skp gogogo
12/11/2020 10:53 PM
flyingtomoon2020 Post removed. Why?
12/11/2020 10:54 PM
whatsapp_60108599233 SKPRES
- Entry: <1.89
- Cut Loss: 1.81
- Risk: 4.23%
- MACD: 0.0115

TP Valid for Swing only:
- TP1: 1.98
- TP2: 2.06
- TP3: 2.14
13/11/2020 2:44 AM
flyingtomoon2020 Skp gogogo
13/11/2020 2:49 AM
flyingtomoon2020 Post removed. Why?
13/11/2020 2:50 AM
Fabien "The Efficient Capital Allocater" 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
17/11/2020 8:04 PM
nightfly Skp is doing well ... and result will be out soon. And try to break 52 week high 1.95 .. and ppl start to sell in the afternoon ... market try to break 1611 resistance this week . I think tomorrow will try push back to test 1.95 ... if break ... then willl sky rocket to moon. 2.200 then next Mas 2.400 ...
18/11/2020 5:41 PM
Loh Ken Nei good qr
19/11/2020 6:10 PM
Fabien "The Efficient Capital Allocater" Both SKPRES & FPI announced record quarterly revenue & net profit


Fabien "The Efficient Capital Allocater" 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
17/11/2020 8:04 PM
19/11/2020 7:43 PM
Kang Yao is the record qtr revenue due to flowover from backlog of previous qtr delay in fulfilment due to MCO?

if not. SKP can fly leh
19/11/2020 8:38 PM
wehcant EPS 3.53 is the highest thus far. Unbelievable.
19/11/2020 9:34 PM
nightfly Quarter resukt superly good ... have kept secret even all the institutions didn’t know about it ... So tomorrow will jump st least 2.100 ... and volume will be crazy
19/11/2020 11:40 PM
Booyeah https://jawplace.com/quarterly-report-review-8-skp-resource-berhad-a-new-phase-of-growth/
20/11/2020 8:35 AM
jerebubu rm2 shouldn't be far away~
20/11/2020 9:05 AM
Kang Yao TP 2.80 for 2021
* assuming current revenue is maintained and new contract negotiation with Dyson should be on the desk.
* operation margin maintained
* production capacity increased
20/11/2020 9:26 AM
nightfly *SKP RESOURCES (SKP MK)*
Analysts: Soong Wei Siang

♦️ *Result Review* - 2QFY21 reported all time high net profit of MYR44.1m, +76.9% YoY, on higher sales order, absence of start-up costs and turnaround of PCBA division. We forecast overhelming 65.0% earnings jump in FY21F as WFH trend will drive demand of its key customer’s products. We raise FY21-23F earnings by 5-11%. Maintain *BUY with higher TP of MYR2.28, 18x FY22 P/E.*

♦️ *Link to the report:*
https://research.rhbtradesmart.com/view-file/hash/323398517952709465fb68c207c9b4?NO_CACHE=ea739bb299df1c2defca86a49bae89a5

*RHB♦️IB*
20/11/2020 9:32 AM
jerebubu pretty bright future ahead.
2 dyson projects to be launch after CNY next year plus future new project PCBA will be cover by SKP, no need to source from VS or ATA.
20/11/2020 10:10 AM
investortrader88 already break RM 2 !
20/11/2020 10:25 AM
investortrader88 good qr !
20/11/2020 10:25 AM
goreng_kaki sell down, gone case bye bye
20/11/2020 3:06 PM
soonheng Automated Manufacturing Services
20/11/2020 5:32 PM
wehcant acquired 200,000 shares
20/11/2020 5:34 PM
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
foo (吉隆坡9日讯)《2021年财政预算案》带来的利好消息,分析员均认为,建筑领域是预算案的最大赢家。政府明年拨出的发展开销按年增加190亿令吉或38%,至690亿令吉。政府也同时表明,会重启大型基础设施项目,包括第3捷运计划等。另外,泛婆罗洲大道、新山至金马士双轨火车铁路项目等也获得延续。肯纳格分析员认为,建筑业将因此挥别颓势,成为各行业中最大赢家。
银河联昌证券分析员认为,铁路项目的承包商会是长期受益者。
艾芬黄氏资本分析员亦有相同看法,说政府恢复第3捷运计划、隆新高铁项目(HSR),有助扩大承包商手上订单。他补充,这利好消息下的潜在受惠公司计有HSS工程(HSSEB,0185,主板工业股)、金务大(GAMUDA,5398,主板建筑股)、马资源(MRCB,1651,主板产业股) 、怡保工程( I J M ,3336,主板建筑股)、双威建筑集团(SUNCON,5263,主板建筑股)、WCT控股(W C T,9 6 7 9,主板建筑股)及杨忠礼机构(Y T L,4 6 7 7,主板公用股)。
肯纳格投行分析员补充,沙巴和砂拉越明年分别获得51亿和49亿令吉拨款,用来发展道路和水电等设施也有望从中受惠。另一方面,政府没有如市场预料般向4大手套厂征收暴利税,而是要求相关公司捐献合计4亿令吉,供政府购买疫苗和医疗设备。
另一边厢,政府明年将拨款10亿令吉,推动国内高附加价值科技领域的研究和发展活动,受惠的工业区有槟城峇都加湾、吉打居林科技园区内的航天和电子领域。
大众投行分析员认为,阁代科技(GREATEC,0208,创业板)可从该措施获利,因阁代科技在上述两科技园区内均有厂房。分析员补充,基于政府拨款1亿5000万令吉支持中小企业,迈向数码科技,维毅集团(ISTONE,0209,创业板)、MMS创投(MMSV,0113,主板科技股)、腾达科技(PENTA,7160,主板科技股)和伟特科技(V I T R O X,0097,主板科技股)这些自动化解决方案供应商,会是受惠公司。
23/11/2020 10:44 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