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

Steve Jub

4,203 posts

Posted by Steve Jub > 2013-03-04 16:57 | Report Abuse

buy mother got holding power n div but move not so fast....warrant move very fast n no long term holding power hehe..

reyes430

204 posts

Posted by reyes430 > 2013-03-04 17:07 | Report Abuse

Warrant is now trading at very high premium of 57%. Theoretically you can get mother price at cheaper price from market, so it doesn't make sense to buy warrant and exercise it. However, if you intend grab a trading opportunities with warrants, i have not much idea on this as i can't and not good in predicting the price movement. All i know is, it has a long maturity days and high leverage, if you have holding power, it might be good as well. just my half cent.

mikayla26

58 posts

Posted by mikayla26 > 2013-03-04 21:12 | Report Abuse

reyes430, thats why I am thinking whether to take the big risk to buy the warrant as its still a long way from maturity.

reyes430

204 posts

Posted by reyes430 > 2013-03-04 22:38 | Report Abuse

Mikayla, yes, provided that you know what you are doing. Have some understand on SKPR this company, determine your risk and reward,and the final decision is yours. Happy trading. Cheers

Eden Thean

133 posts

Posted by Eden Thean > 2013-03-04 23:06 | Report Abuse

keep calm and buy ^^

reyes430

204 posts

Posted by reyes430 > 2013-03-04 23:16 | Report Abuse

haha. you remind me of troll football lol. keep calm and wait for major shareholder sell down.

Steve Jub

4,203 posts

Posted by Steve Jub > 2013-03-05 10:06 | Report Abuse

still down wo today, maybe good day for other to collect hehe

sephiroth

14,145 posts

Posted by sephiroth > 2013-03-05 10:14 | Report Abuse

These kind of opportunity is rare. Waiting at 0.30

Steve Jub

4,203 posts

Posted by Steve Jub > 2013-03-05 16:49 | Report Abuse

oh

sephiroth

14,145 posts

Posted by sephiroth > 2013-03-08 12:20 | Report Abuse

Can GKH sell more so that i can grab at 0.30-0.31

necro

4,726 posts

Posted by necro > 2013-03-08 19:34 | Report Abuse

Why my book said major shareholder like director or board of director dispose their shares is something bad will come?

pbm8682

124 posts

Posted by pbm8682 > 2013-03-08 21:11 | Report Abuse

do agreed with u necro.... no wonder the price is keep on falling....

sephiroth

14,145 posts

Posted by sephiroth > 2013-03-08 21:16 | Report Abuse

As per TA, "all these series of disposal transactions made by the Gan
family as means to re-align the share price to the group’s profitability and not exit strategies, before resorting to the privatization option. In our view, the disposal is part of the plan to improve the share free float after the company issuing bonus shares (1:2 bonus issue) and free warrants (1:5 warrant issue) to shareholders in June-12. This will enhance the tradability of SKP shares and remove the liquidity discount attached to the share.

kcchongnz

6,684 posts

Posted by kcchongnz > 2013-03-09 01:43 | Report Abuse

Posted by necro > Mar 8, 2013 07:34 PM | Report Abuse
Why my book said major shareholder like director or board of director dispose their shares is something bad will come?

If what your book says is always true, then the richest people in the world would be the bookworms with thick glasses.

skyland

644 posts

Posted by skyland > 2013-03-09 07:33 | Report Abuse

0.28 below...can start to collect

hornetsjet

340 posts

Posted by hornetsjet > 2013-03-09 09:14 | Report Abuse

0.28?? OMG~~~

sephiroth

14,145 posts

Posted by sephiroth > 2013-03-09 09:28 | Report Abuse

Serious??? 0.28??? LTH will gulp down plenty. Last round 0.295-0.31 only last for 5-10 minutes and then bounce pass 0.32

skyland

644 posts

Posted by skyland > 2013-03-09 10:23 | Report Abuse

wait & see loh...this counter been goreng from 0.10 - 0.39...if you were the owner, sure you will dispose some to get cash...very simple & logic theory

Steve Jub

4,203 posts

Posted by Steve Jub > 2013-03-09 13:02 | Report Abuse

0.28 i want :D

Steve Jub

4,203 posts

Posted by Steve Jub > 2013-03-09 13:05 | Report Abuse

dispose since 18feb. maybe director also fear of GE ma. :D

Ryan Ng

7 posts

Posted by Ryan Ng > 2013-03-09 14:02 | Report Abuse

No way it'll get below 0.28. big differences in terms of revenue, eps, cash in hand, shareholdings (lth),contracts with clients and so on between year 2011 and 2012.

sephiroth

14,145 posts

Posted by sephiroth > 2013-03-09 14:06 | Report Abuse

Fear GE? I have been using this fear factor to my advantage for few rounds of 10-15% profit

necro

4,726 posts

Posted by necro > 2013-03-09 15:57 | Report Abuse

Bro kcchong the problem is the author is beautiful women...

kcchongnz

6,684 posts

Posted by kcchongnz > 2013-03-09 16:15 | Report Abuse

necro, oh i see, a woman. But a man has a different opinion as below:

Posted by kcchongnz > Dec 27, 2012 12:59 PM | Report Abuse X
Buying by insiders indicates the share is likely undervalued. Selling by insiders may not necessary mean it must be a bad thing, because they sell for all kind of reasons; sell for profit, need some money to spend, help a child to buy a house, too much stake just reduce some, to old already want to exit business as nobody can take over, plus may be the share is over-priced already etc. Which reason you think he sell the shares for?

Another famous man below also said:

Posted by sephiroth > Mar 8, 2013 09:16 PM | Report Abuse
As per TA, "all these series of disposal transactions made by the Gan
family as means to re-align the share price to the group’s profitability and not exit strategies, before resorting to the privatization option. In our view, the disposal is part of the plan to improve the share free float after the company issuing bonus shares (1:2 bonus issue) and free warrants (1:5 warrant issue) to shareholders in June-12. This will enhance the tradability of SKP shares and remove the liquidity discount attached to the share.

Steve Jub

4,203 posts

Posted by Steve Jub > 2013-03-09 16:47 | Report Abuse

lol "but the author is a beautiful woman."

necro

4,726 posts

Posted by necro > 2013-03-11 10:10 | Report Abuse

Bro kcchong if the motive to remove liquidity then Gan is such an NOBLE HEART PERSON...
Hahaha

sephiroth

14,145 posts

Posted by sephiroth > 2013-03-13 15:17 | Report Abuse

Everyday no volume, waited 0.30 for ages

HarryChin

171 posts

Posted by HarryChin > 2013-03-13 15:32 | Report Abuse

need to wait.....

Midas_max

129 posts

Posted by Midas_max > 2013-03-15 09:46 | Report Abuse

i wait below 0.30. Today might go to 0.315 coz the parliament may dissolve on 25. See the market will shaking or not soon.

necro

4,726 posts

Posted by necro > 2013-03-15 10:26 | Report Abuse

Old story...

reyes430

204 posts

Posted by reyes430 > 2013-03-15 10:45 | Report Abuse

what if when GE call but theres no drop in share price? hehe

necro

4,726 posts

Posted by necro > 2013-03-15 11:08 | Report Abuse

If all counter drop habis ler...
HaizZz...
Then this not call GE this call Malaysia economic crisis...

Hustle

3,615 posts

Posted by Hustle > 2013-03-15 11:09 | Report Abuse

Tak pa bro tggu aje declare darulat,ni semua org tension punya pasal.

necro

4,726 posts

Posted by necro > 2013-03-15 11:19 | Report Abuse

Darurat mana ada mehh..

sephiroth

14,145 posts

Posted by sephiroth > 2013-03-15 11:20 | Report Abuse

Last week skyland TP 0.28, 0.31 also cannot reach.

Midas_max

129 posts

Posted by Midas_max > 2013-03-18 10:41 | Report Abuse

Election fever is coming

sephiroth

14,145 posts

Posted by sephiroth > 2013-03-18 18:18 | Report Abuse

0.30 is within reach, will accumulate 0.30,0.29,0.28

Steve Jub

4,203 posts

Posted by Steve Jub > 2013-03-18 18:45 | Report Abuse

wa

Posted by Sugunan Nanoo > 2013-03-19 12:39 | Report Abuse

sell or hold ??

edwin5577

66 posts

Posted by edwin5577 > 2013-03-19 12:41 | Report Abuse

sugunan ... u gain or loss now? Sell la if can.. this time election won't be nice. if u hold, prepare to top up

Posted by Alex Leow Sze Shen > 2013-03-19 19:56 | Report Abuse

RHB give comment TP 0.33 as for now!

Posted by Sugunan Nanoo > 2013-03-19 20:50 | Report Abuse

i bought last yr at 0.55, after bonus issue ave price became 0.37, then i average down to 0.35 and warrant at 0.07,

pbm8682

124 posts

Posted by pbm8682 > 2013-03-19 21:18 | Report Abuse

base my assumption, u already at loss -15%... if that the case... hold on 4ever!!!

sephiroth

14,145 posts

Posted by sephiroth > 2013-03-19 21:44 | Report Abuse

alex, where's the link? TP 0.33 is it base on TA or FA?

js00897

31 posts

Posted by js00897 > 2013-03-24 11:25 | Report Abuse

y the big shareholder always sell their share?

investor77

817 posts

Posted by investor77 > 2013-03-24 16:16 | Report Abuse

After buying at 34 cents, this share keeps on dropping.!! I based my purchase on i3 target price and 5 star call with more than 50% returns!! BTW, isnt it this share gives good dividends ?

so, guess have to average down when it goes below 30 cents.

sephiroth

14,145 posts

Posted by sephiroth > 2013-03-24 22:09 | Report Abuse

i make few round of profit with this counter, round 1, buy 34c sell 37.5c, round 2 buy, 32c sell 36.5c, round 3 bought 32c gonna buy later at 30c, 28c

Steve Jub

4,203 posts

Posted by Steve Jub > 2013-03-25 09:59 | Report Abuse

wa good job sep

anbz

5,163 posts

Posted by anbz > 2013-03-25 10:06 | Report Abuse

so congrat sephiroth ... but the order of your transactions shows that u're buying lower and lower, so ini counter bahaya for near term.

Posted by mysterious99 > 2013-03-27 11:47 | Report Abuse

volume looks good today..

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