this counter is good, any dip from share price is an opportunity. But somehow it depends on your strategies. If you trade according to chart you might need to monitor closely. But if u see the value, MAYBE its better to keep, good dividend yield tho.. OR maybe DATO knew something we dont know..
LTH will not simply buy 90mil shares without doing any research. Their only bad apple is THHeavy aka Ramunia. Guess they will push up the price on Monday as they have no time to react for the sudden drop 15 minutes before closing. I will ride the wave as well
It's not goreng. When the stk was 10 sen the profit is only a few million bucks. Now the annual profit RM30-40m supported by net cash of 8 sen(RM80m). Profit might slow don 1 or 2 quarters but once they finish increase capacity,it will be a different story PLUS the 50% dividend payout ratio, the yield will be 7% at current price
SKPR is impressive with its good FCF,Div Yield,consistent growth on revenue and net profit, Net Cash position and etc. Good fundamental counter and the share price should move up over time if they can keep their profit growing consistently in future. Even if you value its fair price, its intrinsic value is far higher than the price now. Kcchongnz has a good explanation on this.
if i'm not mistaken, the last calculated intrinsic value >70sen... but since the current price < 50%..... for fews months, i wonder ... how long we can hold on.... ha3!!!
All I know about SKPResources I have expressed here already. Fundamentally I think nothing has changed on the surface. Hope someone in the know let us know if there is any change. I bought some some time ago at 35 sen when someone by the name Shrekk posted it in a thread I initiated. I personally analysed its business and financials. Still keeping. Actually I need advice now. Let me make some wild guesses. Some elite people saw the good business SKP Resources has and they want a piece of the action in the company; get some cheap shares from the major shareholders who has too many. If not I am not going to approve you this and that and your business will suffer. Could it be that the main shareholder is forced to sell so that those elites can benefit? Just take it as a joke, ok?
today lowest 0.295, need some advice, how comes such a good fundamental stock will incur such a sharp fall today? those political related counter surge somemore? Election seems to be coming real.
Net profit have been rising for 5 to 6 quarters but might slow for 1 or 2 quarters and then resume uptrend. Just my opinion, cash would have breach RM100m if not for the dividend payout of RM21.15m. I agree with TA rpt "Despite the slight disappointment in 3QFY13 earnings, SKP’s net cash level remained strong at RM80mn, or 9sen/share as at Dec-12. It was sufficient to retire all short-term liabilities of RM68.2mn and all longterm liabilities of RM7.1mn"
Yes just like round 1, bought 0.34 sold 0.375, round 2 bought 0.33, 0.32 sold 0.365 and now round 3 bought 0.315 and hopefully 0.30. No need panic selling coz the big funds will gladly absorb your shares. Now recover to 0.32
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
mysterious99
496 posts
Posted by mysterious99 > 2013-02-27 12:22 | Report Abuse
preety good... i have confident in SKP resources.