2:30 up or down? every quarter says next quarter will be better....

I own MFCB too, i call super crazy high profit for next QR pure BS. Most likely they will sign a new deal, probably extension from 25 years to 30? who knows. if you read the report, you know 90% profit from hydro, no more room to grow.

why would it be crazy? you can say slightly higher but crazy is too crazy. almost 90% profit is from their hydro. unless all the other subsidiaries grow at exponential rate, unlikely to be crazy. hydro power gen already somewhat max.

yinson wont fly until they see all 3 fpso get paid... not first oil but cold hard cash paid by the oil co... till then.... need to wait until hair becomes white.

@Plantermen

Francis Yeoh's brother runs YTLP, Francis Yeoh runs YTL. It was YTLP that lifted the entire group, not YTL.

Yinson.... gotta wait till all 3 FPSO struck first oil and get paid.... till then... slowly wait.

How in the world is their revenue so low... this probably means even before they go IPO they already fake the accounts? Seems like the only real business they have is MRO for Petronas, the others are all fakes.

@NatsukoMishima

Yes, abrdn does trade, can be seen with mynews and kossan. They somehow is good with timing. If they are right again, this could mean they know skp is about to announce good news and stock will go up…. Fly… this i dont know… up very likely.

Honestly, am thinking of cutting loss. But the only thing holding me back is seeing abrdn investing in a big way. I am sure abrdn have access to the ceo/management and toured the factory. before mynews launch CU, abrdn bought while EPF sold. then with the super long q seen at the first CU store, stock price went up, abrdn sold and took profit.

lets hope abrdn knows something we dont.

According to PB Investment:

"Management has also highlighted the need to widen its customer base, an effort which we gather is bearing some fruit with the recent securing of orders from a new client, though the amount is still currently insignificant."

And RHB said:

"We believe any material new contract win could materialise as early as 2H2024. Our FY25F earnings have taken into account the gradual recovery in existing customers’ volume and new contract wins of MYR100m."

My understanding:

I guess SKP managed to find a new client, probably in testing trial stage. Big or small client, nobody knows. I guess if everything goes accordingly, they will sign firm contract on 2h2024?

big loss... confirm fly later due to impairment.

what tech has hextech got?

@xiaoeh
I think majority of EMS like VS, SKP, FPI and etc make consumer goods. If the economy picks up and they starts to spend again, they will buy more products that EMS makes.

@nightfly
PCB to make boards for the product. Vacuum, dryer and etc all also have circuit board.

@xiaoeh

you cant put inari and skp together, both are different. just like putting kerjaya and mahsing together. skp is a contract manufacturer.

@xiaoeh

SKP is not even tech/semi conductor, they are EMS. What has Tech got to do with SKP? Do you know what you are talking about? You might as well say Palm Oil price will drop and EMS counter will follow too.

Auditor also dont want to sign off… whatever assets they have… really exist or not?

Hanky Panky.... Serba 2.0

https://theedgemalaysia.com/node/702202

I know, but in Malaysia, what's the difference? If they say Bonus 1:2 and you have 1000 shares, you end up with 2000 shares. And if it is share split 1:2, you also end up with 2000 shares.

By right Bonus means they create new shares and give it for free. But malaysia... all same. right?

My experience tells me always leave when there is such big drop and no news. Insider selling. Run before too late. Maybe gov comes up with new rules for gov servants regarding these type of loans. Run chicken run.

maybe overseas different.... here... bonus same as split. last time QL stock price rise and rise... but as of recent years... flat for many years... i dont think they will do a stock split any time soon. whatever it is, bonus or stock split should not matter.

good QR but drop.... insider selling... run.

right here lah...

https://klse.i3investor.com/web/stock/entitlement/3069

who says China co will come? it is the european, japanese, and american co that skp should woo.... until now... no news. so hard to get new clients? vs can do it...

Bonus? 2020 already give bonus and stock price also never exceeded the 2020 after bonus price. also, bonus is just stock split, they can split 100:1 and the value remains the same. if you think giving 2:1 bonus means suddenly you get extra shares... i have bad news for you.

hopeless.... many companies trying to diversify away from China, and SKP cannot even benefit from this?

question is, will the profit margin go back to precovid? if not, then the valuation is too rich.

still waiting for founder to buy....

Too many fake stuff, now only get caught. Karim is the cook for serba kpower and scib

last time serba NTA was RM1 or something like this.... NTA cannot be trusted until it is fully audited and investigated by a reputable auditor... until then, NTA RM100 also useless.

YNH got land? Premium land somemore? wait for auditor to verify first... last time, Serba also got alot of 'contracts' and assets. In the end.... becomes 0

tomorrow LD again? fake acc.... true value is 0 like serba.

fake acc true value is 0

run before it is too late....

last time Karim Serba got fraud, his other 2 co KPower and SCIB both went down until nothing to see. Imaspro... dont know lah, maybe got hanky panky, maybe no... only time will tell. better be safe than sorry. sell!

Fake account… what NTA also useless. Like Serba, last time so many say Serba NTA is RM1, in the end… drop till underwear also dont have. This one will follow Serba, either delist or someone buy up and rename the co.

HL boss Quek must be laughing....

if fake acc, the true value will be like serba.... 0

Dr Yu's father is spinning in his grave after seeing what the son and family did to his company and legacy, quick, someone attach a dynamo to him, maybe we can power up the entire malaysia with unlimited clean green energy... YNH will rename to YNH Green Energy after this.

Luke, sounds like SKP is your biggest bet? Until now founder never even support the stock price... drop until like going out of business.

this thing is going zero, probably faster than serba as when serba was sinking, karim was acting and doing many show to scam people to support the price, this one, nobody boost.... straight to zero. GG.... finish

looks like all 3 of Yu's baby going to zero... or to be exact, his grandchildren and founder Yu must be turning in his grave looking at his children destroying his company.

i dont understand, auditor already give warning on october/nov 2023, but now only stock price collapse? why?

typical Karim style... all tiny small news will report to Bursa to goreng....

this one will be like Serba? go to zero?

talk all you want, the question is, skp management are not motivated to expand. when i say expand, i meant if they can't diversify away from dyson, at least use the profit to venture into another new business. doesn't seems like they are doing this.

told ya, useless. all bosses comfortable already, why risk? why work hard? they had years to diversify, but did nothing....

karim still got shares in SCIB, right? I know he sold everything in KPower when the whole KPMG red flag thing exploded, but no news of him selling everything in SCIB. Goreng up, time to cash out.

reminds me of serba dinamik when all karim's counter sink together.

Useless company

Useless and hopeless… i thought people pivot from china by diversifying away but skp cannot capture any big fish? 2nd gen comfortable already… not hungry for more.