Alex Chan: May i know what is PDTs?

anybody knows why this stock keep dropping ?

time to buy?

Translated by Google from bro Vincent Wong above...


Three factors contribute to SKP Resources Bhd or privatization
Finance, August 3, 2012

KUALA LUMPUR (AP) based on SKP Resources Bhd(SKPRES, 7155, the motherboard industry shares) strong financial position, good earnings prospects, as well as its current share price is undervalued, Pacific Securities analysts believe that if the stock fails to reflect its growth in the future prospects, shareholders, or will be considered for privatization.

Far this year, the SKP Resources Bhd stock prices outperform the market and has 89% of the returns, including dividends, including Meanwhile, the company was selected as the Asian Forbes 200 large enterprises (below market capitalization of USD 1,000,000,000).

Since the recent stock to maintain its high share price, but up to securities analysts said that if the stock can not reflect the future prospects for earnings growth, SKP Resources Bhd shareholders or will be considered for privatization.

The analysts said the company has strong cash flow, and maintain a healthy level of zero borrowing. As of March this year, SKP Resources Bhd has RM 61.9 million, or equal to 6.9 cents per share in cash.

In other words, the analyst pointed out that, even if the future need for funds for business expansion, the company is able to raise funds through bank loans, without the need to raise capital from the stock market.

The second factor is the company's strong earnings growth prospects. Analysts said that, along with it's Dyson vacuum cleaner orders, the order of their turnover to make the contribution of the average RM 20 million Annually.

Undervalued

In addition to boost its turnover and profit growth, to ensure that the company's production capacity of close to 100% of the overall level. The analysts believe that if under reasonable cost and yet SKP Resources Bhd still able to maintain the quality of its products, there will be an endless supply of Dyson's orders.

In addition, more importantly, the current share price of SKP Resources Bhd is still underestimated by the market. Even if the stock price has risen to RM 0.34, but still a low PE ratio of 6.3 times the transaction.

It is noteworthy that, to produce strong earnings growth of more than 20% of the company since the first quarter of fiscal year 2012. 50% of its dividend policy, but also allowed the dividend rate in the 7-8% of the attractive level.

Therefore, the above three factors, analysts believe, the largest shareholder of Yan's family have good reason to be privatized. Coupled with the Yan family already holds about 73% of the SKP Resources Bhd equity, to be privatized, the funds will not face the problem.

Assume that the offer price of RM 0.41 per share, and each voucher is a fairy, the privatization of the cost of RM100 million, and after the completion of privatization, and full access to the SKP Resources Bhd of RM 61.9 million cash.

These factors, analysts maintain SKP Resources Bhd "buy" rating, the reasonable price at RM 0.54.

just bought at RM 0.355

it attracts me at this low price but i am wondering why it suddenly dropped so much before closing..

What happened to this counter?

Oops..I overlooked your earlier answer. Keep for few months..

Bro Chong, i have bought some. May i know what is the TP? How long should we keep it? TQ for your advise. ^-^

Bro Chong, i'm a bit confused on the date.
Can i confirm if the remaining 6 trading days are referring to 9th,10th,11th,14th,15th&16th?
suspension date on 17th?
expiry date on 18th?
Thanks!!

The price is quite stable at RM0.20 these few days and the buy rate is high..

Bro Chong, i would like to ask for your opinion..
If mother share price drop because of BIMB-CB getting closer to expiry date,BIMB-CC will drop as well, right? Should i take profit on my bimb-cc first and re-enter after price drop? My cost for bimb-cc is RM0.205.
TQ in advance.

Hi bro Chong, tqvm for your great sharing, very appreciate it. Could you add me in your email list?
optimus9633@gmail.com
TQVM..