SKP RESOURCES BHD

KLSE (MYR): SKPRES (7155)

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Last Price

1.20

Today's Change

-0.06 (4.76%)

Day's Change

1.18 - 1.27

Trading Volume

1,217,900


26 people like this.

9,759 comment(s). Last comment by Lukesharewalker 57 minutes ago

Posted by Alex Leow Sze Shen > 2022-03-04 18:25 | Report Abuse

now biggest problem is on Andy Hall, after he commented on VS, later he will come to SKP. Let's see how the story goes. Any good news now is no good news other than Andy Hall case.

imvu

7,888 posts

Posted by imvu > 2022-03-07 10:52 | Report Abuse

-wb 0.125 boleh murah lagi ke ?

Posted by Fabien _the efficient capital allocator > 2022-03-07 14:27 | Report Abuse

Picked up some at discount sales 1.29

Posted by LongTermInvestor8 > 2022-03-07 19:42 | Report Abuse

2021
- End of 2021, starts mass production of new air purifier.

2022
- Mar 2022, SKP expects to start mass production of Dyson new beauty care product.
- Mar 2022, labour policy with most of the shortcomings targeted to be resolved by March
- June 2022, Dyson ends contract with ATAIMS.
- End of 2022, completion of construction of a new 4-storey c.750k sq ft plant (vs. previously planned 3-storey 600k sq ft) on a 6.4-acre land in Johor Bahru which will increase its total floor space by c.75%.

2023
- SKP is scheduled to commence two new production lines by end 2022 and early 2023
- Potential onboarding of a new customer for SKP

Note
- Approximately 75% of SKP?s revenue derives from customer X. Its next biggest customer is Sony, followed by Panasonic, Sharp, Pioneer, Flextronics and Fujitsu
- Hike in raw material, freight and FX costs will not compress margins, given the cost pass through mechanism in place.
- SKP ships most of its manufactured output to China

Posted by All_in_2021 > 2022-03-17 18:05 | Report Abuse

Appointed auditor that is agreed by Andy Hall. At least provide some confidence to shareholders and stability to the share price

jerebubu

40 posts

Posted by jerebubu > 2022-03-18 09:54 | Report Abuse

If SKP is complying to the law, why the need to entertain Andy Hall at the first place.

Posted by All_in_2021 > 2022-03-18 11:16 | Report Abuse

probably some portion of non compliance. We always hear of foreign workers accommodation condition

Posted by Blackpepper2020 > 2022-03-18 18:21 | Report Abuse

single customer risk beware

DannyArcher

1,258 posts

Posted by DannyArcher > 2022-03-18 21:40 | Report Abuse

@Blackpepper2020

If SKP pass the audit, single customer will become multiple big customer. Many multi-nation looking at diversifying away from China. Do you know the new Mac Studio is made in Malaysia? With China currency gaining strength, one day it will be affordable to make mid to high end goods in Malaysia... sadly.

Posted by All_in_2021 > 2022-03-26 08:52 | Report Abuse

i saw in news that skpres already reach their max production capacity and now is still waiting for expansion. So can i say that the next few years we do not expect increase in revenue until the expansion is complete and start production?

MiaoMiao7

449 posts

Posted by MiaoMiao7 > 2022-03-28 01:01 | Report Abuse

end of the year new factory will start running. this means by the end of the year they will sign up new contract, when? nobody knows. you can buy after they sign up or buy now and just wait for the good news.

faridfet

277 posts

Posted by faridfet > 2022-04-29 00:19 | Report Abuse

The Electronic Manufacturing Services (EMS) sector is anticipating a healthy flow of contracts on the back of a pickup in consumer demand.

Hence, the reopening borders recently really benefit these EMS players. As when multinational firms can come in more easily, this will help in terms of contract flows which company can
securing new customers.

Another thing, because of labour issues faced by ATA IMS, it benefited its peer in the industry as Dyson contracts will flow to SKP.

I am confident as the company have strong foothold in the plastic injection moulding, tool and die fabrication and the important point is strong contract manufacturing and component assembly.

Piak piak piak is the only word i can say.

Jack888

779 posts

Posted by Jack888 > 2022-05-12 14:59 | Report Abuse

加息让股市转为熊市……对吗?

Posted by investortrader88 > 2022-05-28 06:28 | Report Abuse

My average price this counter RM1.76 free warrants after bonus issue.will continue to hold.good luck guys

Posted by LongTermInvestor8 > 2022-05-30 16:21 | Report Abuse

- June 2022, On the other hand, we gather that the labour audit is completed – SKP expects positive results when the report of the findings is released in 1-2 weeks. via RHB Research (30 may 2022)
- July 2022, two new production lines starts production with new intake of foreign workers.
- Dec 2022, completion of construction of a new 4-storey c.750k sq ft plant (vs. previously planned 3-storey 600k sq ft) on a 6.4-acre land in Johor Bahru which will increase its total floor space by c.75%. This new facitilies boost a 60% additional capacity.

amateurJR

2,313 posts

Posted by amateurJR > 2022-05-30 17:25 | Report Abuse

good company and indeed is undervalued. major risk is andy hall might spoil the party

Posted by InsiderShark > 2022-06-02 19:45 | Report Abuse

Andy Hall approve. this means Dyson can now official announce new contract for SKP. And since SKP is the first and one and only EMS approved by Andy Dewan, expect more contracts coming their way.

fairyz

255 posts

Posted by fairyz > 2022-06-16 11:08 | Report Abuse

Solid FA company, just need to clear this ESG hell

Hope it continue to prosper

hng33

18,949 posts

Posted by hng33 > 2022-07-07 15:07 | Report Abuse

bought skpr at 1.45

hng33

18,949 posts

Posted by hng33 > 2022-07-08 15:44 | Report Abuse

locked profit first at 1.50

Posted by Alex Leow Sze Shen > 2022-07-29 21:25 | Report Abuse

Hopefully can go based on the current chart!

samuraijo

27 posts

Posted by samuraijo > 2022-08-02 15:09 | Report Abuse

Looks like this counter is slowly coming back

Posted by Alex Leow Sze Shen > 2022-08-02 22:24 | Report Abuse

Lao Sai today a bit!

Posted by Alex Leow Sze Shen > 2022-08-02 22:52 | Report Abuse

But its good to see EPF start collecting again!

Posted by Alex Leow Sze Shen > 2022-08-04 22:58 | Report Abuse

EPF keep collecting, good sign!

Posted by Fabien _the efficient capital allocator > 2022-08-13 20:40 | Report Abuse

Maximisation of operational efficiency bear fruits.

Snapshot of FY2022 financial results
- Revenue 2.32bil (up 3.12%)
- Net profit - 173.4mil (up 30.14% against 133.24mil in 2021)
- GP margin 13.99%
- NP margin 7.47%
- Operating CF - 50.98mil (about 29% of net income)
- Capex 94.4mil invested in 650,000 sq ft facility in JB

Posted by Lukesharewalker > 2022-08-17 15:00 | Report Abuse

Break out

Posted by Lukesharewalker > 2022-08-17 15:03 | Report Abuse

Buy rate above 90%

Posted by Alex Leow Sze Shen > 2022-08-17 16:02 | Report Abuse

rise above 1.65 is breakut!

Posted by Alex Leow Sze Shen > 2022-08-17 16:05 | Report Abuse

Break 1.70! Now will test above 1.72!

Posted by Alex Leow Sze Shen > 2022-08-17 16:36 | Report Abuse

now is 1.75! Wow, if breaks will test 1.80 level!

Posted by Lukesharewalker > 2022-08-25 10:12 | Report Abuse

This time should reach 1.80 and above

Posted by Alex Leow Sze Shen > 2022-08-25 23:08 | Report Abuse

waiting for qtr report out end of this month.

Posted by Lukesharewalker > 2022-08-29 17:57 | Report Abuse

No good. Q to Q dropped

Posted by BursaVulture > 2022-08-29 18:20 | Report Abuse

4 quarters of up already, you expect it to go up again? how old are you?

Posted by Lukesharewalker > 2022-08-29 19:17 | Report Abuse

No wonder epf kept selling

Posted by Alex Leow Sze Shen > 2022-09-12 20:24 | Report Abuse

1.77 today! 1.80 soon!

Benhobenho

203 posts

Posted by Benhobenho > 2022-09-21 16:24 | Report Abuse

Chairman passed away?

Posted by Alex Leow Sze Shen > 2022-10-17 19:03 | Report Abuse

yes chairman passed away, that does not affect its performance

Amazonboy

677 posts

Posted by Amazonboy > 2022-10-28 13:33 | Report Abuse

Nice divvy paid..keep it up skp

nightfly

329 posts

Posted by nightfly > 2022-11-02 13:07 | Report Abuse

Quarterly result is coming. And the stock start pumping up . Watch out

nightfly

329 posts

Posted by nightfly > 2022-11-02 13:09 | Report Abuse

The last quarter result - stock have been up 20-30%.

Posted by BursaVulture > 1 month ago | Report Abuse

The reduction in profit before tax for current quarter despite higher revenue for the current quarter ended 31 December 2022 was mainly due to new models having higher material contents and higher start-up cost incurred in relation to the new assembly lines that commenced to be in operations during the current quarter.

The construction of the new factory building on a newly acquired land at Negeri Johor having land size of approximately 6.4 acres has commenced from January 2022 onwards and is expected to be completed by first quarter of calendar year 2023.

i3lurker

12,112 posts

Posted by i3lurker > 1 month ago | Report Abuse

Summary:
STRONG SELL

Moving Averages: SELL Buy (3)Sell (9)
Technical Indicators: STRONG SELL Buy (1)Sell (7)

RSI(14) 38.528 Sell
STOCH(9,6) 44.633 Sell
STOCHRSI(14) 71.035 Buy
MACD(12,26) -0.030 Sell
ADX(14) 45.750 Neutral
Williams %R -60.000 Sell
CCI(14) -35.2985 Neutral
ATR(14) 0.0264 High Volatility
Highs/Lows(14) -0.0043 Sell
Ultimate Oscillator 49.945 Neutral
ROC -3.268 Sell
Bull/Bear Power(13) -0.0080 Sell
Buy: 1 Sell: 7 Neutral: 3
Summary: STRONG SELL

goldenluck16

1,892 posts

Posted by goldenluck16 > 4 weeks ago | Report Abuse

Short sellers are pushing the price southward. Run.

Posted by NatsukoMishima > 1 hour ago | Report Abuse

Dividen payout not solid cant sustain , over price , aroud 60 - 80 sens only consider !

Posted by Lukesharewalker > 57 minutes ago | Report Abuse

Time to collect. Epf will support

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