SKP RESOURCES BHD

KLSE (MYR): SKPRES (7155)

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Last Price

1.06

Today's Change

+0.08 (8.16%)

Day's Change

0.98 - 1.07

Trading Volume

4,950,900


27 people like this.

10,791 comment(s). Last comment by MiaoMiao7 3 days ago

Posted by Alex Leow Sze Shen > 2013-01-28 15:50 | Report Abuse

end of this year GM!

skyland

644 posts

Posted by skyland > 2013-01-28 15:54 | Report Abuse

he dispose skpres wa due to over premium & profit taken

Posted by Sugunan Nanoo > 2013-01-29 12:10 | Report Abuse

I just averaged down.. was it a good move ?

sephiroth

14,145 posts

Posted by sephiroth > 2013-01-30 09:17 | Report Abuse

wake up early, 0.345 volume quite good

Posted by Alex Leow Sze Shen > 2013-01-30 19:18 | Report Abuse

Looks possible for a short term play! :)

sephiroth

14,145 posts

Posted by sephiroth > 2013-01-31 09:25 | Report Abuse

Why is the warrant trading at very high premium of 58.8%(0.45+0.09), the mother share will catch up eventually

kcchongnz

6,684 posts

Posted by kcchongnz > 2013-01-31 11:25 | Report Abuse

The market absorbing rate is good despite major shareholder reducing his stake big time. Seems good sign to me.

sephiroth

14,145 posts

Posted by sephiroth > 2013-01-31 14:41 | Report Abuse

why suddenly sharp spike in volume, any good news???

Posted by Siew Jian Bin > 2013-02-01 17:19 | Report Abuse

No idea why up? Maybe is undervalue. Anyway, taken my ang pao in advance through this counter. Will buy buy if drop to RM0.33.

sephiroth

14,145 posts

Posted by sephiroth > 2013-02-04 13:54 | Report Abuse

This counter have net cash of 9.8 sen(RM88.05m) as at 2Q13 and will easily increase to 10.5-11sen at 3Q13. Dyson in China will boost company's profit. Hopefully price will breach 0.36 by this afternoon

sephiroth

14,145 posts

Posted by sephiroth > 2013-02-04 14:47 | Report Abuse

0.36 now, started 2nd gear...

tonylim

4,796 posts

Posted by tonylim > 2013-02-04 14:58 | Report Abuse

LOL .. kancil to ferrari

sephiroth

14,145 posts

Posted by sephiroth > 2013-02-04 15:04 | Report Abuse

No lah, kancil to kancil 2.0 only

Posted by Jian Bin Siew > 2013-02-04 15:34 | Report Abuse

Haha... seem like sell too early. Anyway, 5% in 10 days also not bad lah...

sephiroth

14,145 posts

Posted by sephiroth > 2013-02-05 09:12 | Report Abuse

woah 7.46 million shares just 13 minutes trading

kcchongnz

6,684 posts

Posted by kcchongnz > 2013-02-05 10:21 | Report Abuse

What do TA followers say when the stock price goes up accompanied by huge volume?

alexlulu

449 posts

Posted by alexlulu > 2013-02-05 10:24 | Report Abuse

kc. in overseas it means heavy accumulation. in Bursuk, it means heavy distribution. got it?

kcchongnz

6,684 posts

Posted by kcchongnz > 2013-02-05 10:40 | Report Abuse

alexlulu, i think you got very good point. This is especially true for many hot stocks recently which totally have no fundamentals at all. Almost all of them. Not too sure about SKP Resources though as its fundamentals, at least historically, are excellent.

alexlulu

449 posts

Posted by alexlulu > 2013-02-05 10:44 | Report Abuse

BURSA
Buried UR Saving Alive.

sephiroth

14,145 posts

Posted by sephiroth > 2013-02-05 11:06 | Report Abuse

those who bought at 0.32-0.34 will be selling soon

kcchongnz

6,684 posts

Posted by kcchongnz > 2013-02-05 11:14 | Report Abuse

Posted by sephiroth > Feb 5, 2013 11:06 AM | Report Abuse
those who bought at 0.32-0.34 will be selling soon

Depending whether one is a trader or an investor.

sephiroth

14,145 posts

Posted by sephiroth > 2013-02-05 11:22 | Report Abuse

i'm both, sold half, keep half

kcchongnz

6,684 posts

Posted by kcchongnz > 2013-02-05 11:37 | Report Abuse

Posted by alexlulu > Feb 5, 2013 10:44 AM | Report Abuse
BURSA
Buried UR Saving Alive.

What happened to you. I have personally done a statistical analysis on the long-term return of Bursa since 1971. The compounded annual return was about 12% per year. This result is statistically significant if you know what I mean. How can you "Buried UR Saving Alive" in Bursa with this type of return?

Posted by Desmond Liew > 2013-02-05 16:50 | Report Abuse

May i know what is the TP if based on FA?

kcchongnz

6,684 posts

Posted by kcchongnz > 2013-02-05 18:54 | Report Abuse

Desmond, I always say valuation is an art. Everybody does it differently and comes out with different values. This depends on a lot of data and assumptions. Hence it is important that one has its own valuation method and come out with his own TP, whatever it means. Don't you think that it is better to have a feel of what is the approximate value of a company, and hence its stock before we invest in it, rather than listening to what other people tell us what it is worth, often without any basis? Believe me, doing stock valuation is 100 times easier than doing your engineering maths, finite element analysis, theory of thermodynamic, Kirchhoff theorem or whatever engineering principles. It is just a matter of whether you care to learn on not. Regarding valuation of SKP Resources, I have used at least two methods in one of the threads in i3 which you have been reading. Did you take the trouble to read? Do your own and compare with others. Take the one you are comfortable with. Maybe one day you can do better than others. Then the chance of earning better return is there, or at least the chance of losing big is slim. Agree?

Steve Jub

4,203 posts

Posted by Steve Jub > 2013-02-05 20:25 | Report Abuse

Up already so fast

Posted by Desmond Liew > 2013-02-05 21:02 | Report Abuse

Hi Mr Chong... noted your advice with thousand thanks. Again, TQVM for your unselfish preaching. I only found u 2 days ago in this i3 under forum thread of Tan Kian Wei's Portfolio: GE 13 Watch - Kcchongnz (revised - 20 January 2013)
& will continue to to be your reader... Cheers.

Posted by Desmond Liew > 2013-02-05 21:19 | Report Abuse

Hi Mr Chong, i got your analysis on this counter in another thread. TQVM.

kcchongnz

6,684 posts

Posted by kcchongnz > 2013-02-05 21:35 | Report Abuse

Desmond, you are welcomed. It is two-way things. I also happy and appreciative that other people read what I write. I too free mah. So sometimes just blah blah blah a bit. I welcome feedback also, good or bad; in fact I especially like bad and critical feedback. That is how I can learn from others too. With critical comments, I can also curb my over-confidence in certain investments which I could be wrong. It just that some time I feel angry when people say I bullshit, copycat etc without substantiated their criticisms. I am just a human being with normal emotion mah.

Posted by Desmond Liew > 2013-02-05 21:53 | Report Abuse

So far i m so grateful about your analysis & honestly speakling, have no comments bcos i m a layman. Once i master to equip all sorts of financial analysis, maybe then (dont know when leh) i m qualified to share with u my views of your analysis. Well done Mr Chong & your kindness in term of sharing yr knowledges as well as lead others to gain profit from this share market, will be recognized..

skyland

644 posts

Posted by skyland > 2013-02-05 21:55 | Report Abuse

skpres tp 0.68

razmry

104 posts

Posted by razmry > 2013-02-05 22:52 | Report Abuse

Yup... Fact and Figure... I'm oso scientifically background... but I believe one more thing "FATE"...

Fact, Figure and Fate...

sasopi87

641 posts

Posted by sasopi87 > 2013-02-06 00:29 | Report Abuse

already sold my warrant share at 0.090...now buy hubline

Posted by Alex Leow Sze Shen > 2013-02-06 09:18 | Report Abuse

whoah....so hot!!!

sephiroth

14,145 posts

Posted by sephiroth > 2013-02-06 09:29 | Report Abuse

really everyday get big angpow

Posted by Alex Leow Sze Shen > 2013-02-06 09:42 | Report Abuse

WA dun give me angpow, so sad!

sephiroth

14,145 posts

Posted by sephiroth > 2013-02-06 09:44 | Report Abuse

WA way too high premium

Posted by Alex Leow Sze Shen > 2013-02-06 09:53 | Report Abuse

yup, that's why

klogan14

22 posts

Posted by klogan14 > 2013-02-07 15:24 | Report Abuse

hi mr kcchongnz
can u share on how to get the fundementals ?
am willing to learn

kcchongnz

6,684 posts

Posted by kcchongnz > 2013-02-07 17:00 | Report Abuse

klogan14, you can get some basic fundamentals about stocks from some websites like Bloomberg,Yahoo Finance etc. You can Google them. I got the basic information from financial reports and annual reports of companies from Bursa. From there I put into my own spreadsheets to do my own evaluations. If you want to do like what I do, you have to learn something about financial statements and valuation methods first. One very good book to start with is the "5 rules of successful stocks investing" by Pat Dorsey.

klogan14

22 posts

Posted by klogan14 > 2013-02-08 08:53 | Report Abuse

Thank you so much for sharing , i'll start with that first

sephiroth

14,145 posts

Posted by sephiroth > 2013-02-13 16:52 | Report Abuse

pls come back to 0.33, waiting to grab again at 0.32,0.33

pbm8682

124 posts

Posted by pbm8682 > 2013-02-13 22:44 | Report Abuse

fundamentally strong & good cash flow.... but why still at 0.34..... any idea?!

Risk Trader

3,942 posts

Posted by Risk Trader > 2013-02-13 22:57 | Report Abuse

I m waiting 30 cent to buy back.....don't wory pbm8682

sephiroth

14,145 posts

Posted by sephiroth > 2013-02-14 16:07 | Report Abuse

renown million is very weird, disposed 45 mil shares at 0.335 and bought 30 mil shares at 0.35, guess they have too much money to burn

Eden Thean

133 posts

Posted by Eden Thean > 2013-02-15 20:03 | Report Abuse

finally got 1 fund acquired for this stock! :D

necro

4,726 posts

Posted by necro > 2013-02-15 20:10 | Report Abuse

Wow!
After MUDAJAYA,3A,konsort,THHEAVY,GLOMAC...
Now in Skpres..
Check EPS 1st.

necro

4,726 posts

Posted by necro > 2013-02-15 20:15 | Report Abuse

Ok skpres is expected to in uptrend mode for 4thQ 2012?

monreyes

892 posts

Posted by monreyes > 2013-02-15 20:16 | Report Abuse

TH bought 45M shares, should increase my current holding too

necro

4,726 posts

Posted by necro > 2013-02-15 20:18 | Report Abuse

Wow....
Something that brewing..
Maybe can up few cent same case like Glomac...

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