SKP RESOURCES BHD

KLSE (MYR): SKPRES (7155)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

0.805

Today's Change

+0.05 (6.62%)

Day's Change

0.755 - 0.81

Trading Volume

16,644,500


27 people like this.

10,678 comment(s). Last comment by Ryugentrades 1 hour ago

xiaoeh

1,553 posts

Posted by xiaoeh > 2 weeks ago | Report Abuse

it seems new substantial holder also selling

xiaoeh

1,553 posts

Posted by xiaoeh > 2 weeks ago | Report Abuse

to all sifus
may i know where i can check SKP clients' infor ha?
annual report doesn't show any details...

Posted by ITreeinvestor > 1 week ago | Report Abuse

KUMPULAN WANG PERSARAAN (DIPERBADANKAN) 15-Feb-2024 Disposed 450,000 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 14-Feb-2024 Disposed 562,400 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 14-Feb-2024 Disposed 300,000 0.000 View Detail
ABRDN HOLDINGS LIMITED 14-Feb-2024 Disposed 1,877,100 0.000 View Detail
ABRDN MALAYSIA SDN BHD 14-Feb-2024 Disposed 1,877,100 0.000 View Detail
ABRDN PLC 14-Feb-2024 Disposed 1,877,100 0.000 View Detail
KUMPULAN WANG PERSARAAN (DIPERBADANKAN) 14-Feb-2024 Disposed 735,800 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 13-Feb-2024 Disposed 1,262,300 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 13-Feb-2024 Disposed 600,000 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 05-Feb-2024 Disposed 400,000 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 05-Feb-2024 Disposed 300,000 0.000 View Detail
KUMPULAN WANG PERSARAAN (DIPERBADANKAN) 05-Feb-2024 Disposed 622,900 0.000 View Detail

Posted by ITreeinvestor > 1 week ago | Report Abuse

KWSP,EPF,ABRDN are continiously dumping the stocks

Posted by BursaVulture > 1 week ago | Report Abuse

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

xiaoeh

1,553 posts

Posted by xiaoeh > 1 week ago | Report Abuse

Dear nightfly
may i know where you got the information about Skp clients?

nicky

3,350 posts

Posted by nicky > 1 week ago | Report Abuse

Dropped 3 days .... shall rebound tomorrow >??

Posted by BursaVulture > 1 week ago | Report Abuse

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...

Posted by Ryugentrades > 1 week ago | Report Abuse

I just wet my feet for first entry. Not all in yet. Once continue uptrend will add more. If not will just cut loss.

My trading idea can be found in detail in this video. Just for sharing as I find I trade better when I plan my trades and making YouTube videos makes me accountable for my own trades.

Ep 21 - SKPRES Recovery Play
https://youtu.be/9pEAxiX0ky0

nicky

3,350 posts

Posted by nicky > 1 week ago | Report Abuse

Nice bounce ... see whether can close above RM0.76

curiousq

657 posts

Posted by curiousq > 1 week ago | Report Abuse

rising ..... 😊

nightfly

337 posts

Posted by nightfly > 1 week ago | Report Abuse

Slowly going up like that … looks like good news around the corner

xiaoeh

1,553 posts

Posted by xiaoeh > 6 days ago | Report Abuse

overall tech sector not yet bottomed leh bro
many tech counters are dropping too except those few goreng one
btw local EPF and KWP are buying

tim09

207 posts

Posted by tim09 > 6 days ago | Report Abuse

current price already price in the drop, just need to wait out and hope tech sector rebound in the 2nd half of 2024.

Posted by BursaVulture > 5 days ago | Report Abuse

@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.

xiaoeh

1,553 posts

Posted by xiaoeh > 5 days ago | Report Abuse

Dear BursaVulture
kindly advise what SKP categories in Bursa..?
and what are SKP clients profile?

Posted by Lukesharewalker > 5 days ago | Report Abuse

Will it be supported by fund managers?

xiaoeh

1,553 posts

Posted by xiaoeh > 5 days ago | Report Abuse

Dear BursaVulture
To be frank
i'm a dumber
appreciate if you can share more in details

Posted by ITreeinvestor > 5 days ago | Report Abuse

good news, 3 continuos yoy profit drop 42%.

xiaoeh

1,553 posts

Posted by xiaoeh > 5 days ago | Report Abuse

Dear ITreeinvestor
why 3 continuos yoy profit drop 42% is the good news to you ha?

Posted by BursaVulture > 5 days ago | Report Abuse

@xiaoeh

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

xiaoeh

1,553 posts

Posted by xiaoeh > 5 days ago | Report Abuse

Posted by BursaVulture > 9 minutes ago | Report Abuse

@xiaoeh

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

Noted and Thanks BursaVulture
no la
to me EMS player like SKP will directly and indirectly benefited when tech sector rebound

btw
may i have your thoughts for the implications of tech sector rebound?

nightfly

337 posts

Posted by nightfly > 5 days ago | Report Abuse

Electronics Manufacturing Services (EMS) as a term used for "companies that design, manufacture, test, distribute, and provide return/repair services for electronic components and assemblies for original equipment manufacturers (OEMs).

FYI Skpres have PCB departments- Printed circuit board.

ncy810116

271 posts

Posted by ncy810116 > 4 days ago | Report Abuse

big funds keep supporting.

Posted by BursaVulture > 4 days ago | Report Abuse


@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

1,553 posts

Posted by xiaoeh > 4 days ago | Report Abuse

Thanks BursaVulture for sharing your thoughts

https://theedgemalaysia.com/node/699065

xiaoeh

1,553 posts

Posted by xiaoeh > 4 days ago | Report Abuse

Copy from SKP website:
Our relationship with our clients is based on absolute trust. SKP boasts a clientele with brands from office automation equipment, IT equipment, audio/visual equipment, home appliances, automotive components, medical equipment, and computer peripherals.

xiaoeh

1,553 posts

Posted by xiaoeh > 4 days ago | Report Abuse

what worry most on SKP is Dyson still play a major role among its clienteles

i don't know how to get SKP client's profile in detail
do you know where to get it BursaVulture?
can share share?

nightfly

337 posts

Posted by nightfly > 3 days ago | Report Abuse

Look at Cape EMS -Competitor to Skp .. quarterly result hit really bad.. investor dumping quick.. big drop .. not over yet

Mar2083

700 posts

Posted by Mar2083 > 3 days ago | Report Abuse

Potentially may back to 85sen next month

nightfly

337 posts

Posted by nightfly > 3 days ago | Report Abuse

The call auction has a daily volume of transactions but the stock price does not rise.
This is an operating technique in the late trading, and it is also a big change in the late trading, which must be paid attention to.

1) Large investors took advantage of the huge trading volume to sell and leave the market
2) When big players sell, there will also be big players who take over.
3) The selling by large investors is deliberate because such opportunities are very rare.
4) A large investor's takeover means appearing at any time and buying it, which means impatient waiting.
5) The sky-volume ratio should be a sky-high price, but the current price is a low price. If there is a big sell-off, there may be an intention to flee the market.

It is said that buying when there is divergence and selling when there is consensus. Today is the performance of buying when there is divergence. However, no matter what stage the stock price is at today, it will further affect the subsequent trend.

Posted by BursaVulture > 2 days ago | Report Abuse

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?

Posted by BursaVulture > 2 days ago | Report Abuse

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.

xiaoeh

1,553 posts

Posted by xiaoeh > 2 days ago | Report Abuse

follow your heart
you know yourself best

Posted by NatsukoMishima > 2 days ago | Report Abuse

Abrdn just come for a swing play earn some profits , after that dump like hell just like kossan !

Posted by NatsukoMishima > 2 days ago | Report Abuse

This is not the time to buy EMS stock !

xiaoeh

1,553 posts

Posted by xiaoeh > 2 days ago | Report Abuse

Posted by NatsukoMishima > 39 minutes ago | Report Abuse
This is not the time to buy EMS stock !

when is the right time to buy NatsukoMishima?

Posted by BursaVulture > 2 days ago | Report Abuse

@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.

Posted by NatsukoMishima > 2 days ago | Report Abuse

Good luck

curiousq

657 posts

Posted by curiousq > 2 days ago | Report Abuse

Goreng started .....

Raiz368

1,538 posts

Posted by Raiz368 > 2 days ago | Report Abuse

EPF & KWAP buy back...more to go

fortunefire

1,332 posts

Posted by fortunefire > 2 days ago | Report Abuse

time to fly higher next week

Realrich

1,068 posts

Posted by Realrich > 1 day ago | Report Abuse

Skp results still the same. The customer is reduce order. Don't tipu by operator later get catch. Buy at high price

xiaoeh

1,553 posts

Posted by xiaoeh > 1 day ago | Report Abuse

Dear Realsifu
what price will u buy again?

Realrich

1,068 posts

Posted by Realrich > 23 hours ago | Report Abuse

I will buy 0.65

xiaoeh

1,553 posts

Posted by xiaoeh > 23 hours ago | Report Abuse

let's hope it will come back to 0.65

Realrich

1,068 posts

Posted by Realrich > 23 hours ago | Report Abuse

Xiaoeh if you want earn money don't buy high price. Only buy at lower price waiting rebound. Now 0.80 but the QR result not perform well. Why can be sale at 0.80 because operator push high and sale you and run

xiaoeh

1,553 posts

Posted by xiaoeh > 23 hours ago | Report Abuse

Noted and Thanks for your kind advice Realsifu

Posted by Ryugentrades > 1 hour ago | Report Abuse

Let's see if next week has further upside. Once form higher high on weekly candle, will spur more interest. As of now, unless there is reversal in price, this could be the beginning of a nice recovery for SKPRES.

Posted by Ryugentrades > 1 hour ago | Report Abuse

I am just a novice trader, learning better myself. To do so, I plan my trades and am sticking to my trade plan. Market can do what it wants to do, if price drops to my stop loss, I cut. Simple. Time will tell if this price uptick is played out by market operator or not. I have no idea or visibility on that.

This is my video sharing on my trade execution for SKPRES, how I use Stop Limit and Trailing Stop signals to manage risk.

https://youtu.be/vRjaatfSTA8

Post a Comment
Market Buzz