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. !

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

Posted by ARCBEETLE > 2020-08-06 11:56 | Report Abuse

Even without the mask making biz, the EMS earnings alone is more than sufficient to hold out itself..

Posted by ARCBEETLE > 2020-08-06 15:17 | Report Abuse

today's volume is 3 times the daily avg of 3mil ... something is out there

Posted by PresidentRotiCanai > 2020-08-06 18:10 | Report Abuse

Tomorrow will be limit up

Posted by PresidentRotiCanai > 2020-08-10 12:23 | Report Abuse

Vs fly, skp also will folo fly soon

Posted by investortrader88 > 2020-08-11 16:46 | Report Abuse

finally fly. ! everyone huat ahhh !

Posted by tcl tcl > 2020-08-11 20:41 | Report Abuse

becaful ya, every tp report is been reached.

Posted by mkmike > 2020-08-11 21:25 | Report Abuse

Wait for the price to break the critical 1.62 resistance before entering.

Posted by wehcant > 2020-08-14 13:15 | Report Abuse

This counter is so damn quiet. It's only a matter of time before it shoots up.

Posted by PresidentRotiCanai > 2020-08-14 16:28 | Report Abuse

The only counter up

Posted by Junz929 > 2020-08-18 13:09 | Report Abuse

this year no dividend ?

Posted by kopi peng > 2020-08-18 16:03 | Report Abuse

gg break support

Posted by LoneWolf88 > 2020-08-18 23:19 | Report Abuse

Beli jgn tak beli

Posted by Ivan89 > 2020-08-19 12:20 | Report Abuse

Vs up so much, skpress will follow

Posted by Kang Yao > 2020-08-19 16:11 | Report Abuse

skp got new contract meh.... vs secured few MNC past few years, but what does SKP has?

Posted by Ivan89 > 2020-08-19 17:55 | Report Abuse

Skp is also big size ems company and foresee more contract coming due to covid 19. Malaysia has good condition over other country. Skp can be the next VS

Posted by Ivan89 > 2020-08-20 23:03 | Report Abuse

Vs reject many customer due to full capacity. These customer will go to skpress eventually. Buy at current price is good bet. Once break 1.6, will shoot to 2 and more

Posted by wakarimas > 2020-08-21 14:17 | Report Abuse

Vs already fly high. Skp come later. Parking now before late

Posted by tualp > 2020-08-25 12:03 | Report Abuse

Buy SKP now, coming QR super good result, profit abt RM20-25Million.,

Posted by Ivan89 > 2020-08-25 12:49 | Report Abuse

Just begin. Engine start, googog

Posted by taofulou > 2020-08-25 14:23 | Report Abuse

skpres production ramp up, putting notice needed to hire more employees, if you stay batu pahat, you can see it everyday.

Posted by tualp > 2020-08-25 17:02 | Report Abuse

when is their QR announcement?

Posted by tualp > 2020-08-25 18:21 | Report Abuse

ATA IMS Result super bad lor...only RM17Million profit.....

Posted by PresidentRotiCanai > 2020-08-25 22:31 | Report Abuse

Tomorrow up 10%

Posted by Ivan89 > 2020-08-26 08:56 | Report Abuse

Skpress result good?

Posted by danielcctan > 2020-08-26 10:27 | Report Abuse

result not yet out but already announce dividend and also proposed renewal of share buy back authority

Posted by Ivan89 > 2020-08-26 10:37 | Report Abuse

Any opinions on coming result

Posted by yangxi > 2020-08-26 11:19 | Report Abuse

sold all 1.61.. good deal. tq

Posted by abgbeca > 2020-08-26 11:40 | Report Abuse

huat ahhh

Posted by investortrader88 > 2020-08-26 18:37 | Report Abuse

good closing !

Posted by mrmeow > 2020-08-28 17:41 | Report Abuse

Share Buy Back proposed. Nice

Posted by benjajaj > 2020-08-28 18:31 | Report Abuse

Good, let's fly SKPRES

Posted by EatCoconutCanWin > 2020-08-29 15:12 | Report Abuse

PE 50..omg

Posted by khuen > 2020-08-29 16:40 | Report Abuse

In quarter report, Board is optimistic to achieve "PROFIT GROWTH" in coming year and expect "revenue to increase" in coming quarters.
SKPRES was indeed doing a better job than VS during MCO period but share price increment is still losing to VS due to secured of a new contract.

Posted by PresidentRotiCanai > 2020-08-29 19:12 | Report Abuse

EMS theme soon!!

Posted by Ivan89 > 2020-09-01 09:34 | Report Abuse

History repeat, vs after bad result fly to sky. Now spread will follow

Posted by benjajaj > 2020-09-01 10:35 | Report Abuse

SKPRES will fly

Posted by kopi peng > 2020-09-01 14:52 | Report Abuse

engine cannot start..

Posted by Ivan89 > 2020-09-02 08:08 | Report Abuse

Shorterm trader wash out. Engine start gogogo

Posted by Ivan89 > 2020-09-02 11:08 | Report Abuse

Will break new high

Posted by Ivan89 > 2020-09-02 13:38 | Report Abuse

Vs already RM 2, skpress cincai RM 1.80

Posted by Ivan89 > 2020-09-04 12:24 | Report Abuse

next ataim vs

Posted by nightfly > 2020-09-06 12:20 | Report Abuse

I think more good news to come after AGM this 25th .. watch out guy ...

Posted by mrmeow > 2020-09-08 17:19 | Report Abuse

SKPRES met expectations.
https://www.klsescreener.com/v2/news/view/725069/semiconductor-firms-exceed-expectations

Posted by Ivan89 > 2020-09-11 13:16 | Report Abuse

Strong support at 1.43

Posted by wehcant > 2020-09-15 13:47 | Report Abuse

SKP’s earnings visibility to sustain with robust orders this year — RHB
https://www.theedgemarkets.com/article/skps-earnings-visibility-sustain-robust-orders-year-%E2%80%94-rhb

Posted by wehcant > 2020-09-15 18:35 | Report Abuse

Public Bank's TP = 1.92
RHB's TP = 1.98

Posted by Johnmajor > 2020-09-17 11:13 | Report Abuse

TP - RM1.95