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

whywhy22

82 posts

Posted by whywhy22 > 2020-06-12 11:46 | Report Abuse

all counter red. but this one up. is there any upcoming news?

dawchok

556 posts

Posted by dawchok > 2020-06-12 12:00 | Report Abuse

One of the trick commonly practiced in the market is that syndicate or boss of company pushes price up few days before poor qtrly result released, so that they can dispose share on hand to small fishes. Just watch out if SK is one of them.

dawchok

556 posts

Posted by dawchok > 2020-06-12 12:00 | Report Abuse

Krono and KGB are two latest obvious example.

whywhy22

82 posts

Posted by whywhy22 > 2020-06-12 12:48 | Report Abuse

i see, ok thx a lot dawchok!

dawchok

556 posts

Posted by dawchok > 2020-06-12 13:36 | Report Abuse

There is also a possibility from “positive” side that its upcoming qtrly report is good and those who knows it earlier from accounting firm or boss of the company buy it first. We are outsiders, cannot know it precisely. Just trade based on our best judgement. I may sell SK this afternoon at few cents higher. Makes 4% only after holding for 10 years. Not a good investment but need to take back some cash in anticipation of tsunami crashing in US market. Good luck.

dawchok

556 posts

Posted by dawchok > 2020-06-12 13:59 | Report Abuse

4 years 14%

lancefire

443 posts

Posted by lancefire > 2020-06-14 16:59 | Report Abuse

Really interesting to see this counter going up in the field of red last friday. Something is brewing

jerebubu

40 posts

Posted by jerebubu > 2020-06-15 11:13 | Report Abuse

EPF is collecting too~~

moneyfind

244 posts

Posted by moneyfind > 2020-06-15 23:52 | Report Abuse

I heard tomorow cimb call ka??

Posted by Coffin Dance > 2020-06-16 18:35 | Report Abuse

not the time yet...coming immediate result will be ugly, the next QR uglier

whywhy22

82 posts

Posted by whywhy22 > 2020-06-16 18:58 | Report Abuse

QR for SKPRES should be good. No worry.

moneyfind

244 posts

Posted by moneyfind > 2020-06-16 19:04 | Report Abuse

Cun2 oooo.....huhuhu

sharewiz118

1,880 posts

Posted by sharewiz118 > 2020-06-16 23:40 | Report Abuse

Bought at 1.07 gonna dump at 1.40 ... better gain than sorry

goreng_kaki

1,909 posts

Posted by goreng_kaki > 2020-06-17 12:31 | Report Abuse

the 2019 list of the MMI Top 50 EMS providers.
1 HonHai Precision (Foxconn) New Taipei, Taiwan
2 Pegatron Taipei, Taiwian
3 Jabil Circuit St. Petersburg, FL
4 Flex San Jose, CA
5 Wistron Taoyuan, Taiwan
6 Sanmina San Jose, CA
7 New Kinpo Group New Taipei, Taiwan
8 BYD Electronics Shenzhen, China
9 Celestica Toronto, ON, Canada
10 USI Shanghai, China
11 Venture Singapore
12 Plexus Neenah, WI
13 Benchmark Electronics Scottsdale, AZ
14 Shenzhen Kaifa Shenzhen, China
15 Zollner Zandt, Germany
16 Fabrinet Grand Cayman, Cayman Islands
17 SIIX Corp. Osaka, Japan
18 UMC Saitama, Japan
19 Kimball Electronics Jasper, Indiana
20 Integrated Micro-Electronics, Inc. Laguna, Philippines
21 Sumitronics Tokyo, Japan
22 Asteelflash Neuilly, France
23 V.S. Industry Berhad Senai, Malaysia
24 Pan International Taipei, Tawian
25 Kaga Electronics Fremont, CA
26 VTech Communications Hong Kong
27 ATA IMS Berhad Johor Bahru, Malaysia
28 NEO Tech Fremont, CA
29 Ducommun, Inc. Santa Ana, CA
30 Global Brands Mfg. New Taipei City, Taiwan
31 Enics AG Zurich, Switzerland
32 VIDEOTON Székesfehérvár, Hungary
33 Scanfil Sievi, Finland
34 Katolec Japan
35 Neways Electronics Son, The Netherlands
36 PC Partner Dongguan, China
37 3CEMS Group Taipei City, Taiwan
38 Orient Semiconductor Electronics Kaohsiung, Taiwan
39 WKK Technology Hong Kong
40 Shenzhen Zowee Tech Shenzhen, China
41 SVI Bangkadi, Pathumthani, Thailand
42 Key Tronic Spokane Valley, WA
43 Wong’s Intl. Holdings Hong Kong
44 DBG Huizhou, China
45 Computime Hong Kong
46 ALL CIRCUITS Meung Sur Loire, France
47 GPV Group Aars, Denmark
48 Hana Microelectronics Bangkok, Thailand
49 LACROIX Electronics Saint Herblain cedex, France
50 Katek SE Munich, Germany

tualp

452 posts

Posted by tualp > 2020-06-17 12:36 | Report Abuse

All in SKP gogogogo

nightfly

345 posts

Posted by nightfly > 2020-06-18 08:36 | Report Abuse

SKPress has quietly run up from 1.05 to 1.37 the past week. If it breaks 1.40 it should head all the way to 1.65 as the next level.

tualp

452 posts

Posted by tualp > 2020-06-18 17:36 | Report Abuse

huat ar......tomorrow close at 1.45.....

Siow

17 posts

Posted by Siow > 2020-06-18 22:26 | Report Abuse

Ahyo Tualp what happend to see u guys at RM0.90? What happened?

Posted by tualp > Jun 3, 2020 6:07 PM | Report Abuse

habis, look at the selling volume....sayonara.... see you guys at 0.90

upshare

3,239 posts

Posted by upshare > 2020-06-19 17:49 | Report Abuse

Strong support at 1.35.....

cckiong

242 posts

Posted by cckiong > 2020-06-19 18:52 | Report Abuse

Epf keeps on purchasing for the past few days but today disposed a lot

tualp

452 posts

Posted by tualp > 2020-06-22 15:32 | Report Abuse

QR BOOM COMING.....

tualp

452 posts

Posted by tualp > 2020-06-22 17:08 | Report Abuse

Current PE =18.95, if coming QR boom; PE will shoot up to 23to 25....

haha....those who chased high, sayonara

tualp

452 posts

Posted by tualp > 2020-06-22 17:45 | Report Abuse

super good result,q to q drop 72%, y to y drop 65%.

Congrats all the shareholders.....

Ggwpbro

197 posts

Posted by Ggwpbro > 2020-06-22 18:12 | Report Abuse

Not invested in skp but qr seems good to me if you study carefully. Increased revenue, margin drop due to mco, management positive on prospect (supported by strong revenue), strong operating CFs, and strong balance sheet. Looking to join if price is good. PE too high for me now as compared to local and regional peers.

Posted by Coffin Dance > 2020-06-22 18:19 | Report Abuse

this one 1/2 month MCO effect only can caused up to such degree of profit drop. The coming quarter will be even worse.

Kang Yao

577 posts

Posted by Kang Yao > 2020-06-22 18:29 | Report Abuse

how are you usre that its a1/2 month MCO effect? what if they dont get to bill their customer for the full March, which means only Jan/Feb, they already hit 426mm, if March is a full billing, that would be more than RM600mm revenue.

Pang71

2,337 posts

Posted by Pang71 > 2020-06-22 19:03 | Report Abuse

The result actually not bad. Tomorrow 1.5

SuperPanda

11,431 posts

Posted by SuperPanda > 2020-06-22 20:31 | Report Abuse

Yes tomorrow limit up

topglove2

171 posts

Posted by topglove2 > 2020-06-22 20:47 | Report Abuse

good result, considering MCO, it's good result

cckiong

242 posts

Posted by cckiong > 2020-06-22 21:49 | Report Abuse

Will it drop to 1.00 tomorrow?

SuperPanda

11,431 posts

Posted by SuperPanda > 2020-06-22 22:03 | Report Abuse

No

tualp

452 posts

Posted by tualp > 2020-06-23 08:20 | Report Abuse

TODAY LIMIT UP.....

tualp

452 posts

Posted by tualp > 2020-06-23 12:49 | Report Abuse

surprisingly no price drop lor......strong baby.....

cckiong

242 posts

Posted by cckiong > 2020-06-23 18:06 | Report Abuse

I was surprised also to see the share price today but after vs announced the results today, I know why skpres is still holding strong

SuperPanda

11,431 posts

Posted by SuperPanda > 2020-06-23 18:29 | Report Abuse

vs has china operation which loss every year, skp and ataims no

Konoyaro

333 posts

Posted by Konoyaro > 2020-06-24 09:12 | Report Abuse

go go go

jerebubu

40 posts

Posted by jerebubu > 2020-06-24 10:25 | Report Abuse

steady bom bibi~~

Dragon20

19 posts

Posted by Dragon20 > 2020-07-04 17:25 | Report Abuse

Skp 75.7m vs Ataims 78.3m profits... 1.38 vs 1.25...Skpres overvalue or ataims undervalue?

Posted by birkincollector > 2020-07-04 17:57 | Report Abuse

dragon...u can not just compared the share price.......also depending how many share base etc...investing 101

jerebubu

40 posts

Posted by jerebubu > 2020-07-28 16:10 | Report Abuse

been testing 1.44 all this while...hopefully it can breakthru 1.45

Posted by PresidentRotiCanai > 2020-08-05 14:45 | Report Abuse

Breakout weekly chart

Posted by PresidentRotiCanai > 2020-08-05 14:45 | Report Abuse

Ems

Darren

343 posts

Posted by Darren > 2020-08-05 17:50 | Report Abuse

good closing today

Posted by investortrader88 > 2020-08-05 19:20 | Report Abuse

hope tmrw will continue uptrend.everyone huat !

Posted by PresidentRotiCanai > 2020-08-05 21:48 | Report Abuse

Yes, today MACD Golden cross. Above EMA20

Posted by PresidentRotiCanai > 2020-08-05 23:35 | Report Abuse

KUALA LUMPUR: SKP RESOURCES BHD, an electronics manufacturing services (EMS) company, expects revenue to improve in the coming quarters drive by higher capacity utilisation rate.

Revenue in the last quarter ended March 31 jumped 23% to RM426 compared with RM346.4mil registered a year ago.

But the movement control order (MCO) that started on March 18 resulted in a steep decline in net profit to RM7mil from RM19.5mil made a year ago as the company had to suspend its operations.

SKP Resources said it has resumed business since end of April.

"Going forward, using the group's customer guidance, we anticipate higher capacity utilisation and improve production throughput," the company said in a filing with Bursa Malaysia today.

"Barring any unforeseen circumstances, we expect revenue contribution from customers’ orders to increase in the coming quarters," it added.

For the full year, SKP Resources registered a net profit of RM75.7mil, or 6.05 sen a share.


The group said its prospects for financial year ending March 31, 2021 is "good."

"The company is optimistic to achieve profit growth" this year, it said.

Posted by investortrader88 > 2020-08-06 09:39 | Report Abuse

fly. !

Kang Yao

577 posts

Posted by Kang Yao > 2020-08-06 10:02 | Report Abuse

for VS and SKP, wouldnt be making mask supsupsui?
With so much extra floor space and automation in place, both can jointly become largest mask makers in Malaysia.

they also can JV with other glove makesr to install the production line in their faciity.

Am waiting for Dyson to announce Virus free air filter :p

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