SKP RESOURCES BHD

KLSE (MYR): SKPRES (7155)

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Last Price

1.06

Today's Change

+0.01 (0.95%)

Day's Change

1.04 - 1.06

Trading Volume

257,700


27 people like this.

10,781 comment(s). Last comment by curiousq 2 weeks ago

mamafarah

97 posts

Posted by mamafarah > 2012-03-19 16:05 | Report Abuse

Any comment for this counter

Posted by Vincent Wong > 2012-03-19 19:47 | Report Abuse

Up.....

bbhor2009

52 posts

Posted by bbhor2009 > 2012-03-19 23:43 | Report Abuse

This share has a good fundamental. It came from ard 28cts and 100% returned if you still holding this stock.

Posted by Vincent Wong > 2012-03-20 01:14 | Report Abuse

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
SKP RESOURCES BERHAD (SKP OR THE COMPANY)
(I) PROPOSED BONUS ISSUE; AND
(II) PROPOSED FREE WARRANTS ISSUE
You are advised to read the full contents of the announcement or attachment at
http://www.bursamalaysia.com.

Alan Lim

14 posts

Posted by Alan Lim > 2012-03-24 21:04 | Report Abuse

can it up agn >>

Mohd Shuk

725 posts

Posted by Mohd Shuk > 2012-03-25 02:46 | Report Abuse

Buy Buy... Hidup mesti Berani....

Vinzcent

40 posts

Posted by Vinzcent > 2012-03-27 14:47 | Report Abuse

tak habisx2 dgn ayat 'Hidup mesti Berani" i go other counter also see the same word LOL ..creative lah sedikit guna ayat baru LOL

Posted by Michael Anugraham > 2012-03-27 16:49 | Report Abuse

ahahhhhaahhhaha.....just dug up my old diary....and found i have some stock left ..bought at 17cts....4 yrs ago.......what shall i do .....sell or wait..

kerabu

1 posts

Posted by kerabu > 2012-03-30 15:43 | Report Abuse

What happen to its propose bonus issue? There has been no news till now and the price is dropping

mamafarah

97 posts

Posted by mamafarah > 2012-04-01 14:45 | Report Abuse

Hello!!!hello!!! U all dpt dividend ke.....y masih blm bnk in

Posted by Vincent Wong > 2012-04-02 19:13 | Report Abuse

Anyone have the news for the bonus...?

Posted by Michael Anugraham > 2012-04-03 10:53 | Report Abuse

bonus issue free ka?....got 1o lots.....wait or what?

Posted by Michael Anugraham > 2012-04-03 10:54 | Report Abuse

stock down because of dividend or bonus issue?

E R

282 posts

Posted by E R > 2012-04-03 13:13 | Report Abuse

overbought already

mamafarah

97 posts

Posted by mamafarah > 2012-04-10 12:46 | Report Abuse

Any good news

Posted by Vincent Wong > 2012-05-09 22:38 | Report Abuse

Submitting Merchant Bank
:
OSK INVESTMENT BANK BERHAD
Company Name
:
SKP RESOURCES BHD
Stock Name
:
SKPRES
Date Announced
:
09/05/2012


Type
:
Announcement
Subject
:

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
COMBINATION OF NEW ISSUE OF SECURITIES

Description
:

SKP RESOURCES BERHAD (“SKP” OR THE “COMPANY”)

PROPOSED BONUS ISSUE; AND
PROPOSED FREE WARRANTS ISSUE

(COLLECTIVELY, THE “PROPOSALS”)

Announcement Details/Table Section :


The terms used herein has the same meaning as those defined in the announcement made on 19 March 2012.

We refer to our announcements made on 19 March 2012 and 20 April 2012 in relation to the Proposals.

On behalf of the Board of Directors of SKP, OSK Investment Bank Berhad (“OSK”) is pleased to announce that Bursa Malaysia Securities Berhad (“Bursa Securities”) had, vide its letter dated 8 May 2012, resolved to approve the listing application for the Bonus Shares and Free Warrants to be issued as well as the new SKP Shares to be issued arising from the exercise of the Free Warrants. The approval of Bursa Securities is subject to the following conditions:

SKP and OSK must fully comply with the relevant provisions under the Main Market Listing Requirements of Bursa Securities (“Listing Requirements”) pertaining to the implementation of the Proposals;
SKP and OSK to inform Bursa Securities upon the completion of the Proposals;
SKP to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities’ approval once the Proposals are completed;
SKP and OSK are required to make the relevant announcements pursuant to Paragraph 6.35(2)(a), 6.35(2)(b) and 6.35(4) of the Listing Requirements;
Payment of additional listing fees pertaining to the exercise of Free Warrants. In this respect, SKP is required to furnish Bursa Securities on a quarterly basis a summary of the total number of shares listed pursuant to the exercise of Free Warrants as at the end of each quarter together with a detailed computation of listing fees payable; and
SKP is required to furnish Bursa Securities with the following:
A certified true copy of the resolutions passed by the shareholders approving the Proposed Bonus Issue and Proposed Free Warrants Issue; and
A copy of the approval letter from Bank Negara Malaysia.


This announcement is dated 9 May 2012.

Eagle95

235 posts

Posted by Eagle95 > 2012-05-10 00:07 | Report Abuse

Great,very good fundamental counter,will up soon,tp0.59

Posted by danielttoob > 2012-05-24 12:15 | Report Abuse

any movement?

Posted by Vincent Wong > 2012-05-24 20:52 | Report Abuse

wait for EGM

Posted by danielttoob > 2012-05-29 09:32 | Report Abuse

good movement?

Posted by danielttoob > 2012-06-05 11:48 | Report Abuse

We refer to our announcements made on 19 March 2012, 20 April 2012, 9 May 2012, 16 May 2012 and 28 May 2012 in relation to the Proposals.

On behalf of the Board of Directors of SKP, OSK Investment Bank Berhad wishes to announce that SKP had on 1 June 2012 fixed the exercise price of the Free Warrants to be issued under the following step-up mechanism:

(i) upon issuance of the Free Warrants up to (but excluding) the second anniversary of the issue date – RM0.45 per SKP Share, which represents a premium of approximately 29.68% to the theoretical ex-bonus price (computed based on the five (5)-day weighted average market price of SKP Shares up to and including 31 May 2012) of RM0.3470 per SKP Share (“Theoretical Ex-Bonus Price”).
(ii) exercise at any time on and from the second anniversary of the issue date up to (but excluding) the fourth anniversary date – RM0.55 per SKP Share, which represents a premium of approximately 58.50% over the Theoretical Ex-Bonus Price.

(iii) exercise at any time on and from the fourth anniversary of the issue date up to the maturity date of the Free Warrants – RM0.65 per SKP Share, which represents a premium of approximately 87.32% over the Theoretical Ex-Bonus Price.

This announcement is dated 1 June 2012.

ysc69

25 posts

Posted by ysc69 > 2012-06-08 12:19 | Report Abuse

When they will give the bonus issue ?

Posted by zamry zainal abidin > 2012-06-09 01:18 | Report Abuse

yes...whennnn........

Posted by Vincent Wong > 2012-06-09 06:28 | Report Abuse

12/6/2012

adhanour

16 posts

Posted by adhanour > 2012-06-21 00:24 | Report Abuse

slowly upz...

Posted by Namoyaki Takarajima > 2012-06-21 14:34 | Report Abuse

Nubhan. Baca kt sini. Skpres.

Posted by tehxuiling > 2012-06-22 18:11 | Report Abuse

so, if now i want to buy this share, wat do you think ?

Posted by quyen850906 > 2012-06-22 18:59 | Report Abuse

better buy smartag, teh

Posted by danielttoob > 2012-06-28 07:41 | Report Abuse

Warrant exercise date

ysc69

25 posts

Posted by ysc69 > 2012-07-02 16:54 | Report Abuse

yes... when they will issue the warrant?

Ns Riza

19 posts

Posted by Ns Riza > 2012-07-02 17:58 | Report Abuse

skpres warrant, you will get it tomorrow 3/7/12

Posted by danielttoob > 2012-07-03 00:53 | Report Abuse

Happy trading day

ysc69

25 posts

Posted by ysc69 > 2012-07-03 14:22 | Report Abuse

should sell the warrant or hold?

Posted by newcomer82 > 2012-07-03 15:04 | Report Abuse

check the warrant due date.

Posted by RayJunior > 2012-07-06 17:39 | Report Abuse

BUY SKPRES next week..shorterm target 0.425..today close 0.345..easy money..believe or not?..just wait and see..ok..:)

Posted by RayJunior > 2012-07-06 18:00 | Report Abuse

after right issue,,price adjusted..now 0.345..STO tf60 oversold..if price break 0.355 watch out this counter next week..if price go 0.355 TA look like:Sto golden cross form oversold >Buy signal, MACD golden cross,RSI above >50,MO above >100..shorterm target 0.425..and gud coming news...buy at your own risk..

Posted by RayJunior > 2012-07-06 18:02 | Report Abuse

the warrant u can Q at 0.115 level..easy can up to >0.155 if price touch 0.385! keep & hold!

Posted by RayJunior > 2012-07-06 18:09 | Report Abuse

bonus issue..not right issue.

Posted by RayJunior > 2012-07-06 18:14 | Report Abuse

SKPRES-WA

Maturity date: 27/06/2017
Conversion Price: RM0.45
Ratio: 1 warrant:1 new SKP Share

Posted by Vincent Wong > 2012-08-04 11:39 | Report Abuse

3因素推动 星光资源或私有化
財经 2012年8月3日

(吉隆坡3日讯)基於星光资源(SKPRES,7155,主板工业股)的財务状况稳健、盈利前景佳,以及其当前股价被低估,达証券分析员相信,倘若该股在未来未能反映其成长前景,大股东或將考虑进行私有化。

从年初至今,星光资源的股价走势跑贏大市,並具有89%的回酬,包括股息在內。同时,该公司也获选为亚洲福布斯200大企业(10亿美元市值以下)。

虽然该股近期以来维持其高企的股价,但达证券分析员表示,倘若该股股价未来无法反映其盈利成长前景,星光资源大股东或將考虑进行私有化。

分析员表示,该公司拥有强稳的现金流,並维持零借贷的健康水平。截至今年3月,星光资源拥有6190万令吉,或相等於每股6.9仙的现金。

换言之,分析员指出,即使未来需要资金进行业务扩充,该公司仍能透过银行贷款集资,而无须从股市筹集资金。

至於第二项因素是该公司强稳的盈利成长前景。分析员表示,隨著星光资源获得Dyson吸尘器的订单后,该订单將对其营业额作出年均2000万令吉的贡献。

股价被低估

这除了提振其营业额和净利成长外,更確保该公司的產能接近100%全面使用的水平。分析员认为,星光资源若能在合理成本下,维持其產品的素质,Dyson未来提供的订单將源源不绝。

此外,更为重要的是,星光资源当前的股价依然被市场所低估。即便股价已上升至0.34令吉,但仍以6.3倍的低本益比交易。

值得注意的是,该公司自2012財政年首季起已交出超过20%的强劲盈利成长。而其50%的派息政策,也让其週息率处在7%至8%的诱人水平。

因此,在上述三大因素下,分析员相信,大股东顏氏家族有充分的理由进行私有化。加上顏氏家族已持有星光资源约73%股权,若要进行私有化,资金方面將不会面对问题。

假设献购价为每股0.41令吉,而每张凭单为1仙,私有化的成本仅达1亿令吉,並在完成私有化后,全数获取星光资源6190万令吉的现金。

综合上述因素,分析员维持星光资源「买进」的评级,合理价格为0.54令吉

Posted by optimus9633 > 2012-08-06 10:58 | Report Abuse

just bought at RM 0.355

ckinsg

90 posts

Posted by ckinsg > 2012-08-06 11:09 | Report Abuse

good choice... sure making money

Posted by optimus9633 > 2012-08-06 11:40 | Report Abuse

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.

Posted by Vincent Wong > 2012-08-06 20:44 | Report Abuse

I nold skp since early of the year

Posted by stranger_8231 > 2012-08-07 01:06 | Report Abuse

@vincent what price u bought that time?

ckinsg

90 posts

Posted by ckinsg > 2012-08-07 09:24 | Report Abuse

skp coming!!!

Knight

186 posts

Posted by Knight > 2012-08-07 14:19 | Report Abuse

SKPRES WA : possible up to 1.35 today?

uncle joy

46 posts

Posted by uncle joy > 2012-08-07 19:20 | Report Abuse

tip or tipu?..gua sudah angkat 5000 units hari ni pada harga 0.37... kasi naik cepat la...jgn kasi tidur la..

Posted by Vincent Wong > 2012-08-07 20:07 | Report Abuse

AVG 0.44

Posted by Vincent Wong > 2012-08-07 21:18 | Report Abuse

吉隆坡6日訊)星光資源(SKPRES,7155,主板工業產品組)今年至今投資回酬高達89%,加上盈利展望清晰和估值低廉,若股價無法隨強勢業績成長,長期內很大可能成為大股東私有化目標。

該公司資產負債表強健,坐擁6千190萬令吉現金,無負債,集團自由現金流足以支持未來維持開銷需求,並保持50%派息政策。由於該公司旗下廠房仍有30%空置空間,若市場需求走揚,有能力輕易展開產能擴建計劃。

據管理層透露,旗下客戶――Dyson吸塵器已要求提昇配件訂購量,預見額外訂購量每年替公司營造2千萬令吉營業額,並把工廠產能使用率推高至接近100%水平,相關經濟效益已從2012財政年次季開始反映在公司財報。

按每股34仙股價計算,星光資源目前以2013年6.3倍本益比進行交易,考量過去1年來強勁成長表現,及2013年盈利成長料達31.4%,股價估值顯然偏低,而且,該公司50%派息策略更令其週息率處於誘人的7至8%水平。

主評:達證券
評級:買進
目標價:54仙

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