SKP RESOURCES BHD

KLSE (MYR): SKPRES (7155)

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Last Price

1.02

Today's Change

-0.03 (2.86%)

Day's Change

1.01 - 1.04

Trading Volume

3,607,700


27 people like this.

10,788 comment(s). Last comment by MiaoMiao7 2 days ago

Posted by Fabien "The Efficient Capital Allocater" > 2019-09-30 15:02 | Report Abuse

time for re-rating

beneficiary of trade war
has no China exposure (v.VS)
strong balance sheet
high return on capital

Posted by Hisham Haron > 2019-10-01 15:34 | Report Abuse

How much TP? Rsi a little bit high

Vulture123

405 posts

Posted by Vulture123 > 2019-10-01 15:40 | Report Abuse

Exactly. Overdue for re-rating. Take position and watch it propel to greater heights :)

Vulture123

405 posts

Posted by Vulture123 > 2019-10-01 15:57 | Report Abuse

Relative Strength Indicator is indeed a good indicator when used with other indicators. However, it is a momentum indicator & do not forget that it is adjusting from the recent low of 1.03-1.04 due to irrational selling & forthcoming dividend. Market has no memory & TP is subjective depending on individuals investment strategy.

Vulture123

405 posts

Posted by Vulture123 > 2019-10-01 16:01 | Report Abuse

Good resistance at 1.16-1.20 that will allow for “weaker holders“ that bought at the lows to take short term trading profit until Ex-Date on 3/10. Otherwise, uptrend seems intact.

Posted by Hisham Haron > 2019-10-01 17:06 | Report Abuse

Good explanation. My entry is at 1.10. Still think either want to hold or sell

Vulture123

405 posts

Posted by Vulture123 > 2019-10-02 16:45 | Report Abuse

My entry point lower based on accumulation at 1.04-1.05, having exited from substantial gains in VSI, Air Asia, Aeon & Airport based on bottom fishing strategy. With the 3.84 sen dividend going Ex tomorrow, you should be able to generate double digit capital gain too in due course based on your low entry price of 1.10, even after the short term price adjustment due to dividend payment & negative market sentiments.

Posted by EatCoconutCanWin > 2019-10-04 15:17 | Report Abuse

Buy in tp2

Collin Soo

894 posts

Posted by Collin Soo > 2019-10-04 15:22 | Report Abuse

Any latest update regarding the future plans from the AGM?

Vulture123

405 posts

Posted by Vulture123 > 2019-10-07 14:53 | Report Abuse

Research reports all very positive on earnings growth from FY2020 onwards and TP. The start of another up cycle ? Last Call :)

Vulture123

405 posts

Posted by Vulture123 > 2019-10-07 14:56 | Report Abuse

Based on Research Houses TPs, a 40%-50% upside from current low price instead of FD interest of 4% :) Balance Sheet rock solid and earnings growth will certainly propel it towards TP in due course.

Posted by Fabien "The Efficient Capital Allocater" > 2019-10-12 22:07 | Report Abuse

Affin Hwang Capital starts coverage on Electronics Manufacturing Services sector

Affin Hwang Capital Research has initiatiated coverage on the Electronics Manufacturing Services (EMS) sector with an “Overweight” rating.

In a note today, the research house said the sector is not merely a beneficiary from the trade diversion but also set to ride on the rapid expansion of their common key customer - a global renowned household appliances brand.

“ATA IMS Bhd (Buy, TP: RM1.80), is our preferred sector pick, as we expect the group to continue charting strong growth on the back of capacity expansion coupled with margin enhancement from further vertical integration.

“We also initiate coverage on V.S. Industry Bhd (Buy, TP: RM1.60) given the group’s diversified customer mix and strong ability in securing new contracts, which makes it a prime beneficiary of trade diversion.

“Elsewhere, we highlight 3 other companies, namely SKP Resources Bhd (Non-rated, RM1.08), i-Stone Group Bhd (Non-rated, RM0.18) and MTAG Group Bhd(Non-rated, RM0.42), which form part of the "D" ecosystem,” it said.

Vulture123

405 posts

Posted by Vulture123 > 2019-10-14 13:06 | Report Abuse

Dyson will no longer embark on electrical car manufacturing and this news will be positive for all existing Dyson’s EMS Companies like SKP Resources. In addition, Budget 2020 tax incentives will also be positive news for manufacturing sector too. Last, Last Call :) for the start of a new uptrend.

Vulture123

405 posts

Posted by Vulture123 > 2019-10-14 16:07 | Report Abuse

Wow ! Already 1.13 (up 6 sen) today even after recent Ex Dividend of 3.84 sen :)

Posted by EatCoconutCanWin > 2019-10-15 10:20 | Report Abuse

go go skp

Vulture123

405 posts

Posted by Vulture123 > 2019-10-15 10:47 | Report Abuse

1.18 :) Lots of coconut to eat once SKP reach your TP of 2 again.

Atos

54 posts

Posted by Atos > 2019-10-15 11:28 | Report Abuse

come on, ,,, come on,,,. it's going up immediately, THIS is not a joke, it will climb over RM2 soon, SEE you THERE

Vulture123

405 posts

Posted by Vulture123 > 2019-10-15 11:42 | Report Abuse

For those that missed the fantasy flight at 1.04-1.05, it is still not too late to catch the connecting flight at 1.18, although there will be more air turbulences but uptrend still intact :)

Vulture123

405 posts

Posted by Vulture123 > 2019-10-16 16:16 | Report Abuse

Wow ... 1.23 ! Still going strong with healthy volume today. TP2 seems promising now :)

Atos

54 posts

Posted by Atos > 2019-10-21 16:30 | Report Abuse

THERE was a good sign to See a quick drop in last Friday. let's see ,the upcoming each week the chart would climb higher and no looking back.

KK93

11 posts

Posted by KK93 > 2019-10-21 20:54 |

Post removed.Why?

Atos

54 posts

Posted by Atos > 2019-10-22 15:51 | Report Abuse

REMEMBER WHAT i said, each week getting higher.NO Joking!

Vulture123

405 posts

Posted by Vulture123 > 2019-10-23 16:46 | Report Abuse

Wow ... 1.28 ! Consolidation phase at 1.23-1.25 over and looks like the start of the next uptrend :)

Posted by EatCoconutCanWin > 2019-10-23 16:48 | Report Abuse

nothing to worried. sailing now

Vulture123

405 posts

Posted by Vulture123 > 2019-10-23 17:06 | Report Abuse

Absolutely. Coconut Power :)

Atos

54 posts

Posted by Atos > 2019-10-31 13:50 | Report Abuse

let's see,
weekly higher.

Atos

54 posts

Posted by Atos > 2019-10-31 14:55 | Report Abuse

let's see, weekly higher point is coming

whywhy22

82 posts

Posted by whywhy22 > 2019-10-31 23:25 | Report Abuse

it's still too early

Posted by Kasumi0912 > 2019-11-01 08:45 | Report Abuse

How about today ? Just few day always 1.24-1.27 ,when up ?

Atos

54 posts

Posted by Atos > 2019-11-02 09:49 | Report Abuse

you should choose carefully either believe to See or SEE TO BELIEVE

Vulture123

405 posts

Posted by Vulture123 > 2019-11-05 11:08 | Report Abuse

Resistant level of 1.30 breached this morning with healthy volume. Up, Up & Away :)

dr_jogho

486 posts

Posted by dr_jogho > 2019-11-07 12:22 | Report Abuse

SKP Resources tested the immediate resistance level of RM1.29 with higher trading volume. With a rising RSI, a bullish bias may be present above this mark with target prices of RM1.39 and RM1.48. Meanwhile, it may continue moving sideways if it fails to cross the RM1.29 mark in the near term. In this case, the immediate support is anticipated at RM1.20, whereby traders may exit on a breach to avoid the risk of a further correction.

Trading Call: Buy upon breakout above RM1.29

Target: RM1.39, RM1.48 (time frame: 3-6 weeks)

Source: AmInvest Research

Vulture123

405 posts

Posted by Vulture123 > 2019-11-08 11:43 | Report Abuse

We, Ikan Bilis, are so easily flushed out when Share Price increased and especially when it was subsequently sold down without fundamental basis. We need to invest WISEly :
Withstand - Strongly
Invest - Steadily
Stay - Firmly
End - Well ;-)

Vulture123

405 posts

Posted by Vulture123 > 2019-11-09 13:27 | Report Abuse

Star Business (9/11) - The Dyson Factor
CGS-CIMB new TP : 1.78

Posted by Kasumi0912 > 2019-11-15 21:42 | Report Abuse

Why just few day kwp disposed share ? Something wrong ?

Panorama1

971 posts

Posted by Panorama1 > 2019-11-16 11:01 | Report Abuse

KWAP have direct (11%) and indirect interest (3%) of ~ 14% Shareholdings in SKP based on their Bursa Announcements. The indirect holdings are being held and managed by KWAP independent Fund Managers and they have a free reign to Buy or Sell.

tualp

452 posts

Posted by tualp > 2019-11-18 15:07 | Report Abuse

Dyson launched their new products in Japan yesterday.

https://japanese.engadget.com/2019/11/14/1-3-dyson-pure-humidify-cool-

tualp

452 posts

Posted by tualp > 2019-11-26 11:25 | Report Abuse

ATA IMS BERHAD has secured five customers namely Sagemcom, Schneider Electric, Swift Labs, ecobee and cricut to begin production in CY2020 (more details in Exhibit 1). ATA has rented a 250K sq ft site dedicated for non-main customer projects, where the facility will be used for plastic injection moulding, final assembly and warehousing purposes.

The combined topline contribution from these customers is expected to be around RM150mil to RM200mil in the first year of production.

Posted by Kasumi0912 > 2019-11-27 18:03 | Report Abuse

Yesterday up , today drop , rollercoaster?

Atos

54 posts

Posted by Atos > 2019-11-27 21:49 | Report Abuse

don't worry everyone! great surprised TOMORROW!

Atos

54 posts

Posted by Atos > 2019-11-27 21:51 | Report Abuse

1st gear second .... third... JUST imagine

Atos

54 posts

Posted by Atos > 2019-11-28 10:05 | Report Abuse

Today’s announcement quarterly reports , profit strong increased, skpres uptrend price started from this quarter. Received more more contract !!

Atos

54 posts

Posted by Atos > 2019-11-28 10:06 | Report Abuse

don't lose your way

Posted by Kasumi0912 > 2019-12-05 00:38 | Report Abuse

After result , all run ? So quiet !

Panorama1

971 posts

Posted by Panorama1 > 2019-12-05 14:46 | Report Abuse

Good QR. Reversal of previous quarters profit reduction towards QR profit increased & upward trend. Good growth prospect momentum too. Prospect good as per Management Future prospect guidance in QR. Last Call :-)

Jack888

865 posts

Posted by Jack888 > 2019-12-08 10:57 | Report Abuse

Buy... uptrend now..

James Ng

2,705 posts

Posted by James Ng > 2019-12-10 07:46 | Report Abuse

https://klse.i3investor.com/blogs/general/245679.jsp
[转贴] [SKP RESOURCES BHD:主要客户的销售额增加] - James的股票投资James Share Investing

Panorama1

971 posts

Posted by Panorama1 > 2019-12-12 17:23 | Report Abuse

Positive momentum today. Bodes well for 2020 :-)

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