SKP RESOURCES BHD

KLSE (MYR): SKPRES (7155)

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Last Price

1.68

Today's Change

-0.05 (2.89%)

Day's Change

1.67 - 1.73

Trading Volume

3,420,600


26 people like this.

9,742 comment(s). Last comment by Alex Leow Sze Shen 1 day ago

Posted by Alex Leow Sze Shen > 2022-01-19 13:16 | Report Abuse

Drop like hell

Posted by LongTermInvestor8 > 2022-01-19 13:58 | Report Abuse

I never understood why people always link EMS with Tech. When tech falls, EMS will fall too... hmm... many never do homework and dont know the difference. Well, if you see opportunity, just load up more. My simple notes:

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.
- 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%.
- SKP is scheduled to commence two new production lines by end 2022 and early 2023


Note

- Potential increase in order from Dyson due to Dyson's fallout with ATAIMS
- Approximately 75% of SKP’s revenue derives from customer X (Dyson). 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

DuitGeli2

424 posts

Posted by DuitGeli2 > 2022-01-19 16:19 | Report Abuse

Maybe can break 1.40 today?

DuitGeli2

424 posts

Posted by DuitGeli2 > 2022-01-19 16:21 | Report Abuse

BR only 23%

DuitGeli2

424 posts

Posted by DuitGeli2 > 2022-01-19 16:46 | Report Abuse

https://twitter.com/Atomicalandy/status/1483609612167401473?s=20

He still interested with Malaysia!

nightfly

327 posts

Posted by nightfly > 2022-01-20 06:28 | Report Abuse

Ppl think EMS is out of favor but for Skp only is unique and more space to grows and always succeed Cos I think more new things to come. Dyson products is still high demand in the world .. and recently removed Ataims … a lot quota needs urgently to fulfill.

Posted by LongTermInvestor8 > 2022-01-20 09:58 | Report Abuse

2 new production lines.
More orders from Dyson this June 2022.
PE17 only
0 debt

https://www.theedgemarkets.com/article/ata-ims-contract-termination-dy...

Good Luck

nightfly

327 posts

Posted by nightfly > 2022-02-14 20:15 | Report Abuse

@HosehLim80 Not so easy. I think will be rally next few weeks … result around the corner .. should be good.

Posted by Alex Leow Sze Shen > 2022-02-25 16:45 | Report Abuse

up a lot today, QR out today and rebound

Kang Yao

247 posts

Posted by Kang Yao > 2022-03-03 11:25 | Report Abuse

the quarter result looks good. But any new customer announced?

DannyArcher

1,250 posts

Posted by DannyArcher > 2022-03-03 12:56 | Report Abuse

They are waiting for the completion of their factory before taking new customer in 2023.

keuin

73 posts

Posted by keuin > 2022-03-03 15:32 | Report Abuse

TECHNOLOGY AND GLOVES money flows out going to O&G GOLD OILPALM

DannyArcher

1,250 posts

Posted by DannyArcher > 2022-03-03 19:12 | Report Abuse

very kacau lah mr.hall, let's hope skp got good news. if got, not only dyson will give more business, other ems will prefer working with skp too. i hope skp management smart enough to solve this for long term gain. mr.hall approve = even more new customers.

all we can do is just wait for good news.

Posted by michelle6699 > 2022-03-04 18:18 | Report Abuse

Good time to collect. Price is attractive.

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

6,018 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

1,250 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

171 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

758 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 > 2 months ago | Report Abuse

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

Posted by LongTermInvestor8 > 2 months ago | 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

2,247 posts

Posted by amateurJR > 2 months ago | Report Abuse

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

Posted by InsiderShark > 2 months ago | 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

222 posts

Posted by fairyz > 2 months ago | Report Abuse

Solid FA company, just need to clear this ESG hell

Hope it continue to prosper

hng33

18,321 posts

Posted by hng33 > 1 month ago | Report Abuse

bought skpr at 1.45

hng33

18,321 posts

Posted by hng33 > 1 month ago | Report Abuse

locked profit first at 1.50

Posted by Alex Leow Sze Shen > 2 weeks ago | Report Abuse

Hopefully can go based on the current chart!

samuraijo

11 posts

Posted by samuraijo > 2 weeks ago | Report Abuse

Looks like this counter is slowly coming back

Posted by Alex Leow Sze Shen > 2 weeks ago | Report Abuse

Lao Sai today a bit!

Posted by Alex Leow Sze Shen > 2 weeks ago | Report Abuse

But its good to see EPF start collecting again!

Posted by Alex Leow Sze Shen > 2 weeks ago | Report Abuse

EPF keep collecting, good sign!

Posted by Fabien _the efficient capital allocator > 5 days ago | 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 > 1 day ago | Report Abuse

Break out

Posted by Lukesharewalker > 1 day ago | Report Abuse

Buy rate above 90%

Posted by Alex Leow Sze Shen > 1 day ago | Report Abuse

rise above 1.65 is breakut!

Posted by Alex Leow Sze Shen > 1 day ago | Report Abuse

Break 1.70! Now will test above 1.72!

Posted by Alex Leow Sze Shen > 1 day ago | Report Abuse

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

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