markettalk: i know frackling and shale oil is cheap lah but those producers are facing the pinch coz of higher cost and lower profit margin. But 2 days ago news, Russia and OPEC began talks already towards first step, freezing output levels better than freeflow, later they will slowly reduce but depends on US, now we are seeing cold war again, multifronted, In Asia , China wants to grow and expand territory with Silk Road2. US want to curb them with TPPA. US want to break Russia and Middle East power by countering their oil production with shale oil. Now Russia and middle east gaodim, who's to say they won't make a deal with China form a stronger bloc against US interference in whole world issues. Once US also relents by cutting shale oil output, then you ll see oil prices shooting up, these ppl will realize just like you guys in this forum later on that fighting amongst ourselves are bad for business :P, someone else will always benefit. These are interesting times, anything can happen.

I noticed that whenever a share buy sell queue more than 100k+, the prices very hard to move. Perfect example right now is bornoil. Once volume drops, then you will see better movement. Need to get the penny chasers lose interest first.

markettalk, i think oil prices gonna stabilise and go up soon. I am in interested in skpetro warrants c16 now that it is dropping. Jibby cannot side with US coz he already gaodim with China on 1MDB which is why u see more open attacks from US side cropping up. Before this, US could attack but just withholding. Msia is stick between US and China and probably will end up on the losing side when these 2 are bored and move on.I would think the Pan Borneo highway and rail project can create more jobs for local but dunno if gomen got brains to think like me. They wont cancel the projects merely delay them coz dont wanna offend China Silk Road project.

Buuuuuuuuut,.........vivocom wont crash, merely share price will drop due to domino effect of panic sellers in correction. Then market will realize it oversold and share will bounce back. Hopefully timing will be around report period. Low volume actually helps as it shows those 1/2 sen traders no longer interested in the share and prices can vary more whether upwards or downwards.

I personally think this is a healthy correction to stir back public interest in the share. Maybe can bring more life into it later? All the above my opinion only.

By the way guys, I'd like to encourage you to not be afraid to call Vivocom office and enquire their management about their future plans. They wont like it but I believe its our right to do so since most of us can't attend their agm or meeting in Sarawak. Ask them you want to talk to investor relations people. Just be polite ok?

Anyway, beffore someone hantam me, Im sorry for spamming vivocom forum about skpres stock. Lets pls discuss in that forum on that stock.

yup, skpres-wa.

Long term still going to drop to rm1.80 lah. If they going to sell to local company at rm1.80 , i dont think invesotrs gonna be happy. Ppl will continue dumping until it reaches rm1.xx then based on what its new majority shareholders plan is, decide whether to fly or to drop.

ktsk88, nono sapura kencana i think is SK resources. SKP is Johor based plastic company. Mostly now, they produce from the Dyson household products. You know you go shopping mall they have the hand dryer and you can see a lot of their damn expensive vacuum cleaners.

Any plastic export company will make money as long petrol price and currency is low.

ktsk88, yeah correct, this market a bit on the unpredictable, i use charts to see general indication. BTW, how is bornoil doing, any progress or news?

Lim123, skp resources, i am taking short position coz yesterday i dunno why drop so much. I been following skp since last year June or so. I even called their management for news and from my understanding , their share price was supposed to be around 1.3+ but was trading much higher than that until it stabilized. in recent times , currency and oil prices dropped but they already clinched 5 year contract with Dyson means just have to produce , revenue will continue for 5 years. So, I see potential for gradual upwards movement just like it was for VSS industry last time. (I didnt buy VSI coz too expensive). I bought warrants and will hold them until 0.80 then sell. Then see some other undervalued or rising stock. I dont take long position in this volatile economic times. Hope this helps.

i am actually drooling with expectation, hope to see todays trend tomorrow till Friday, yesterday I until now don't get it why ppl want to throw. But I gotta say thank you to them.

I dunno this is helpful or not but normally when i look at this i3investor charts (go to technical-->charts), i look at the pattern there normally 6 mths view (1 year view and above is outdated and 3 mths is too short in my opinion), red is selling and white is buying, i would recommend you guys to in when you see the white emerging more and more which indicates a buying trend, right now everyday its red, red and red and gradual downwards movement. Since you guys are still in the share, monitor this section very closely to see pattern emerging.

metalgearsnake, I know its a bit pain to lose money a few cents, but if can make that few cents in a different share then why not. I had to just man up and cut loss coz not much movement but you better set a limit until which you can endure, if it dips then sell. BTW when is the qr for vivocom coming?

Lim123, I all in skp dy no more bullets. Have to wait for qr this Friday. I checked the charts and backgroud of it. Fibon looks good though market cap is below 100 mil. Its share price have been on the decline and is climbing back up again, potential to make profits are there but i would wait a few days first see the pattern is buying or selling. ther revenue and profits are quite consistent even if revenue declined last year. Its market is Australia which is also having bad economy like Malaysia so have to read their news too. Thanks for sharing. I will keep this share in view. I hope you are making profits in it.

im currently in skpres and skpres warrants. I think can make 5-10 cents profit in a weeks time. If you think its worth it, check it out lah.

If anyone here has insider news or rumors (dont make it up lah), just share, we all need to watch each others back here, vivocom is not going to look after us. Any and every piece of negative or positive information is appreciated. :)

badlosermyview, myview: im not on anyone's side. And I only express personal views, I dont hold anything personal against any of you. Lets not stress each other out. Besides we are all just investors and not much to decide on the company, all of us might make or lose money based on our individual approaches.

metalgearsnake: as long as you have holding power maybe can park for a year or so, these drops and rises can happen anytime and can even shoot back up again, you dont need to worry much. Me, Im a mid term player, I depend on share trading as income, so these drops and rises are more sensitive to me which is why I have to play really safe.

Btw, what do you all think about Gamuda-wr? seems attractive but rising so rapidly takut if the bubble burst gonna be disastrous.

Anyway I would say RM0.20 will be a good time and price to buy. Maybe PP takers will also buy around that price too? What do you say?

There is no announced news by the group for so long. Its kinda worrisome.

I can see people taking profit from yesterday sale, still cheap to acquire this stock at below rm1.34 as it can easily hit rm1.39 without any news. With positive qr, should hit around rm1.5-rm1.55 depending market sentiment.

ktsk88 I share exactly the same views as you. When I expressed this, even I got attacked.

yeah, i was wondering about that too. Someone here said he waas banned last December, not sure if it is true.

when will the quarter result be out? this week or next week?

hey dude, can you stop this spamming of the forums. Just let the prices talk, no need for this personal attacks. Like someone above said, its been months since this happened. I know you and I share same opinion about the share going down but i am uncomfortable being associated with these spams too. Just use your real id and make factual statements on the stock if you have insider news lah. Think about the truce doitanyway proposed? how? I think you already made your point already, kesian the others in the forum also lah. Im being polite here even to you so don't go about attacking me pulak.

I was wondering why I couldn't find the theedge article on skpresources today. It was hidden in corporate tab and in page 4. Too many news that it escaped people's views so quickly. Thank you Teik Ghee for sharing.

Repost:


LATEST NEWS, CORPORATE
Hot Stock
SKP Resources still hovering near all-time high, long-term prospects positive
By Meena Lakshana / theedgemarkets.com | February 15, 2016 : 1:34 PM MYT
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Translated by Google Translator:
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KUALA LUMPUR (Feb 15): Shares of SKP Resources Bhd declined 3.08% today, possibly due to profit taking, but analysts are still positive about the stock's outlook going forward.

At 12:30pm today, the stock declined 4 sen to RM1.26, with 2.58 million shares done.

When contacted today, Kenanga Research analyst Desmond Chong said the stock had declined possibly due to profit taking.

"There [are] no fundamental changes in the stock. It (the decline) could be due to profit taking," he said.

Nevertheless, the stock is still trading near its all-time high of RM1.51, which it recorded on July 31, 2015 from 40 sen on June 6, 2014. Year to date, the stock has gained 84.95%, outperforming the FBM KLCI which declined 6.67%.

Chong said SKP is one of the most stable stocks in the technology and semiconductor pantheon, as it provides an earnings visibility for at least the next two years, underpinned by the long-term contracts that would be fully reflected from financial year 2017 (FY17) onwards.

"We also like the company for its relatively stable net profit margins of 6% to 7% backed by the cost-pass through mechanism (any additional expenses or cost leavings, they are likely to pass it to their customers) with its customers and vendors," he added.

He also said the stock is relatively cheap as it is trading at about 10 times its FY17 estimated price to earnings ratio (PER) when compared to its two-year net profit compound annual growth rate (CAGR) of about 93%.

SKP had secured two contracts from Dyson last year for the manufacturing of cordless vacuum cleaners totalling RM5 billion.

The first contract, which was announced in May 2015, carries a value of RM400 million per annum over five years while the second contract, announced in September last year, carries a value of RM600 million per annum over five years.

In a note today, Alliance DBS Research analyst Inani Rozidin said SKP is poised to clinch more contracts from its main customer Dyson, which contributed 55% to the company's revenue in financial year 2015 (FY15), as only 25% of its new plant in Senai, Johor, has been utilised.

"With ample spare capacity, we believe the group is well prepared to take on more contracts, which can come from both Dyson and non-Dyson related parties," she said.

"Growth is also supported by SKP's initiative to expand its clientele base and management has targeted 8% annual growth for non-Dyson contracts," she added.

Inani said among the areas SKP is eyeing is the food and beverage (F&B) packaging segment, with plans to supply more plastic packaging to existing customers such as Unilever, Nestle, Suntori, and Shell.

She also said the recent acquisition of Tecnic Group Bhd has not only increased SKP's production capacity but also enable the group to leverage on Tecnic's existing clientele to grow its customer base.

SKP had acquired all of the shares it previously did not own in Tecnic for RM200 million via the issuance of 172.4 million new SKP shares at 58 sen each and RM100 million cash.

She also said the stock is attractively priced at 0.25 times price to earnings growth with a strong three-year earnings per share CAGR of 44%.

i think its panic selling. Reports should be fine. They already got the contracts from Dyson last year itself for 2 yrs right? I bought in after seeing it go down. Its good time to accumulate, i think. Warrants and mother so cheap its like CNY sale. I just alled in. Too bad it dropped more after my purchase, sad couldn't get the lowest price. I have been following the SKP since I got free share from Tecnic and have really profited from both SKP and Tecnic. Went all the way with SKP until it reached 1.60. Even though ringgit have strenghtened a little, its still way undervalued and oil prices still way too cheap, strong prospects for SKP for at least 1 year. Lets see what report says though.

dell888, it won't crash like kau kaulah, just undergo a correction and bounce back when the crcc projects resume/starts. It will be a good time for new investors. Its just a a bad time for contra players. Some ppl here mistake contra for margin trading and accuse me of all sorts of things. Know that contra is part of margin trading and there are different types of margin trading available, not just T+3 contra. Different institutions offer different solutions. M+ even offers t+8, there are even longer period margin trading as well.

doitanyway; i am always going for warranted arguments which are constructive. Its just different views. But recently someone among your group spreading lies about me and spoiling my name. And your favourite sifu, myview is openly supporting this fake id dude. You can read the last few posts by him. He's taking this too personal. I only post regarding the stock and am not taking this personal.

I always read investing blogs and I kinda follow the advice of these two guys. Just sharing the advise to you all since its very difficult to get through my ideas to some of you.

Please take your time and read from these 2 links. I

http://klse.i3investor.com/blogs/OoiTeikBee/91122.jsp
http://klse.i3investor.com/blogs/koonyewyinblog/91127.jsp

here's last weeks market statistics:
http://www.malaysiastock.biz/Market-Statistic.aspx?m=d

dell888, thanks for the info. appreciate it. I will wait a little then maybe buy back in but see how things go first. Id rather buy when the upwards momentum is showing . Not really interested to be one to get bottom prices unless it goes back to 15-20 cents lah. This market sentiment stuff is not only here but happening worldwide. ppl gripped in panic.

Dell888, you be careful too, if you say something bad about this share, some ppl will get angry and accuse you of having multiple personalities and do detective work. They will try to ruin your name simply by you having a different opinion from the cheerleaders.

ran777rpt: Thats the thing, without the CRCC link, Vivocom shares cannot fly. Now in economic and political turmoil, there is high chances all these mega projects can be delayed or postponed. This was and is a risk potential that can bring the share price down. We are all just floating on rumours right now. Wait for solid news then decide to buy in. I am forecasting a market correction on this share. Better be safe than sorry. Not saying the the new until now was bogus. Just understand the implications of postponement. Construction sector postpones projects for months to years if hit with financial difficulties, am i wrong? Why is it easy for you to accept a share prices can go up but so hard to swallow the risk that the share price can fall abruptly until its too late?

well, i dont mind sharing my trading experiences as im not here to scam anyone. You want to find out who i am , go diglah, im an investor like anybody else here, If my identity get leaked I will sue maybank and from them get to know who are you and lets all get into a nice legal battle, I dont mind that. Your statements can be construed as blackmail in this forum. All I need to do is contact its admin and report this if I want (its troublesome and no point so most probably i never would). besides, you don't have to repost what i have typed. it will always be here under my nick. I know you are playing mind games with me and I dont care nuts about it.Anyway,like I always adviced your groupie, if a dog barks at you , dont bark at it back right? I have already entertained you too much. Im just gonna ignore you and let you say whatever you wanna say. I'd rather discuss with ppl like weewee23 on factual stuff rather than join in to your pastime. Enjoy your weekend, time waster. Have fun.

n if before CNY, wea llknow there were someone using false nick names abusing myview and his fanboys, now we have false nicknamed ppl from his supporters as well. All out of nowhere this guys comes with a nick name expose_you _loh with wild accusations. Real jokers lah you all with your own boyband groups and "yes man"s in stock trading forum. Well, enjoy yourselves boys. Have fun, this is what you all like to do anyway as the rest of us have come to learn.

how can you catch someone red handed posting in a forum without being right near that person or having any proof, can you go google the meaning of catching someone red handed coz I think you don't know your vocabulary.

And yeah, I curse when im playing online games with kids but to literally abuse in a business forum like this, not my style, thank you very much. I behave professionally when it comes to business or work. Sorry to burst your bubbles.

Wow,
The same minute at 17:03 time you used that nickname to post and you use your original nickname "dividendenshark" as well.

Im really curious what that guy wrote at 17:03. Coz I can't see it, you think i can type something, logout, login back again as another user, type something else again. OMG, thinking of the effort itself is making me cringe. LOL!

LOL, you know what's funny, I was always wondering when is it my turn to be harrassed like this. Anyway, I don't have the time to create multiple accounts, its a bore and impressive amount of concentration required. Believe it or not, Mr Sherlock Holmes above, I only have one account, this is it. You may choose to believe me to be whoever you want me to be, its your choice. I can even be Deadpool for you, how about that? You know Deadpool right?

hahaha, vivo. I agree, you are right. But its not that I listen to bank blindly . Bank just wont allow me use margin to trade vivocom stocks. I have to take out cash from margin account into cash account to trade. Its like trading call or put warrants, only cash allowed. Now, I lose the leverage factor when I do this. Anyway, I cant do much until maybank changes their stance on this counter. Maybe thing will turnaround in 6 -12 months time, then we see how things go. At least my cash is released now, I lost a bit but I can try to make it back later when the drop im expecting happens.

vivoboy, you have to change according to market. I m not fanboy or anti vivo. Previously I thought good counter so I in make money, then I had some suspicions, so took neutral stance, then recently I take a safety stance and this coupled by my bank's move, I totally bail out. Not worth the money lost. You say I behave like froggy politician, i hate politics but this is my hard earned money. I want it parked in reliable stocks that can make more money. Don't tell me if you diehard vivo supporter, mati mati company sink you will still not bail out? Im def not like that. See the winds blow, change accordingly.

weewee22, I see. But Im surprised. very surprised, all the while until 3 weeks ago I could buy and sell any amount I want. Whys suddenly this restriction? Is there something fishy going on in the background recently that banks are scared but not willing to reveal? Insider news?
Richardslim; I dont want to antagonize you further lah. Im sorry, just a bit bitter I tell you to be careful , you all gankbang me. Anyway, please be extra careful. Hard earned money yeah, lose a bit its ok, can recover back in other stable shares. Dont be stubborn yeah? Please talk to your banks and then decide whats best in the near future. Personally, I think KLCI gonna come down to 15xx soon. So Im keeping my cash tight and see where to throw later. There s a new call warrant for skpres, a bit on the high side for now, but try to enter it, still new. ! week old. Good counter.

Let me tell you guys one more thing, again after conversation with my bank, Maybank. Mati mati they don't allow me buy this counter with margin accounts, I don't think Im back in until I really find out what is going on until their valuation so strict. At least last time they said must get approval, now they saying no approval at all, auto reject purchase order. Coz, their valuation is 50% of its current value. So, if i want to buy I can only buy using cash only or wait till its price goes to 0.138 sens. Can anyone else from other bank brokerage feedback if they are having these issues with their banks?

Soon, everyone can buy at Brahmal price or cheaper.

0.265.... where's the never even drop 1/2 sen guy now? come and talk.

Btw, guys here's a link for the site I always go to for quarter reports chart. Easier to read graph then just the numbers.

http://www.malaysiastock.biz/Corporate-Infomation.aspx?type=A&value=V&source=M&securityCode=0069

I hope the 4th quarter is green too. Better still, hope there is movement with the report. If not, then I am right in my outlook on this stock.

Richardcslim, Im thinking of fgv c6 warrants at 0.07 cents if I can get hold of it. Still got time until July before it expires to get some of my money back. Im not sure if it is a very good idea or not though. I tried Bornoil, it was also a stagnant market. I told you guys about Daibochi, the price is still rising due to their bonus coming soon.

btw, if in recent coming times, if the positive price breakout happens and the share goes past 0.305 cents. I would be glad even if I missed the boat since I have sold all my shares because finally there is SOME activity on this counter providing some hope for it. I wont be jealous for you all but happy that you all have made the money. For me, there is no wrong in me making money with others. If you see my comments too negative here, this is my opinion same as your too positive opinion. Only time will tell who is right. If I am right, I will come back and tell you I told you so and I will berate you if you try to goad others into buying into their losses again. I will hold you responsible for these actions. If I am wrong, feel free to do the same to me. I will accept it.

Well, go through my previous posts. Even before CNY, I alreaady mentioned that I will sell after CNY coz tired of holding without any prospects in the short term. I am just advising newbies here not to enter first because of the uncertainties. All of you who have purchased and willing to hold for really long term, it should be fine for you to just hold, even if it drops like I am thinking it would, you all are for long term so should not matter. No con here, I am writing with my own ID, no multiple ids all. fruitless stuff. Of coz I will re-enter at cheaper price (not anytime soon unless big drop) but I dont want half sen or 1 cent profitlah, this is the mentality that causes the share to be stagnant. Im looking between 3-6 cents movement at least for a share to be in healthy activity. But I see that despite numerous news, name change , CNY, new year, whatever...nothing excites the market for Vivocom and there must be good reason right?

Negative news: http://www.theedgemarkets.com/en/article/1mdb-scandal-will-deter-foreign-investors-says-unit-fitch

Positive News (if all these are completed on time without delays): http://www.theedgeproperty.com.my/my/content/total-value-construction-work-done-grows-112-4q2015

The statement above I can agree with.