SKP RESOURCES BHD

KLSE (MYR): SKPRES (7155)

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Last Price

1.06

Today's Change

+0.01 (0.95%)

Day's Change

1.04 - 1.06

Trading Volume

257,700


27 people like this.

10,781 comment(s). Last comment by curiousq 2 weeks ago

Posted by Alex Leow Sze Shen > 2012-08-29 19:29 | Report Abuse

victor168: let's hope

Posted by Alex Leow Sze Shen > 2012-08-30 19:30 | Report Abuse

Closing remain today! Dun worry! Still got long leg uptrend coming forward!

victor168

181 posts

Posted by victor168 > 2012-09-03 14:58 | Report Abuse

almost 3 days huge volume is deal at RM0.375, still unable to break RM0.38.

Posted by Alex Leow Sze Shen > 2012-09-03 15:34 | Report Abuse

don't worry....still intact! Buying volume still very supportive :)

Posted by Alex Leow Sze Shen > 2012-09-03 21:02 | Report Abuse

http://biz.sinchew-i.com/node/64703?tid=8 ... see it here...got some bad news perhaps!

cshee1

4 posts

Posted by cshee1 > 2012-09-03 22:09 | Report Abuse

new trader here. Merging consider bad news?

tonylim

4,796 posts

Posted by tonylim > 2012-09-03 22:20 | Report Abuse

Alex, what's in the sinchew news clippings?

Posted by Alex Leow Sze Shen > 2012-09-03 22:48 | Report Abuse

tonylim: TECNIC and SKPRES is losing money last quarter and plan to merge it seems. But just be careful as the share price is not too high nor too low but will stay there due to market uncertainty

Posted by Alex Leow Sze Shen > 2012-09-04 09:07 | Report Abuse

Heading for a downtrend now! Be careful all holders!

Posted by Alex Leow Sze Shen > 2012-09-04 14:47 | Report Abuse

BOOM! It's coming down now!

jester

852 posts

Posted by jester > 2012-09-04 16:58 | Report Abuse

whooow.. Why the huge drop? hehe

victor168

181 posts

Posted by victor168 > 2012-09-04 16:59 | Report Abuse

rebound 2morrow...hope.

heehaa

118 posts

Posted by heehaa > 2012-09-04 17:05 | Report Abuse

the damn biggest shareholder is selling according to bursa

jester

852 posts

Posted by jester > 2012-09-04 18:54 | Report Abuse

is there a storm approaching?

heehaa

118 posts

Posted by heehaa > 2012-09-04 19:05 | Report Abuse

Aiya, thirty over sen stock with good profit.. No major issue

Posted by Alex Leow Sze Shen > 2012-09-04 20:03 | Report Abuse

Nope...i think company restructuring! Many different news now! Stay tuned!

jester

852 posts

Posted by jester > 2012-09-04 20:09 | Report Abuse

so lets wait for the good or/and the bad news!

Posted by Alex Leow Sze Shen > 2012-09-04 21:39 | Report Abuse

yes...in the same time i saw Dato Gan disposed a lot of his shares to public, wondering who's the person who acquire it. This is the question!

Posted by Alex Leow Sze Shen > 2012-09-05 11:35 | Report Abuse

Exited SKPRES this morning....no uptrend direction at the moment!

1621

27 posts

Posted by 1621 > 2012-09-05 11:52 | Report Abuse

What happen to this counter. Something go wrong? Price is down .

Posted by Alex Leow Sze Shen > 2012-09-05 14:45 | Report Abuse

It's going downtrend now. Avoid!

Posted by Alex Leow Sze Shen > 2012-09-05 19:35 | Report Abuse

OK. I know why Director keep throwing their share...

Because Dato Gan going to retire. Please read bursa announcement on their General Meeting.

We waiting new boss to takeover. They going to reelect their Board Of Directors.

1621

27 posts

Posted by 1621 > 2012-09-06 16:31 | Report Abuse

Dato gan to retire also can make them throw their share? That mean co no use any more?

Posted by Alex Leow Sze Shen > 2012-09-06 16:39 | Report Abuse

yes..SKPRES is already a history! I guess you can now exit this company for the time being!

heehaa

118 posts

Posted by heehaa > 2012-09-08 18:26 | Report Abuse

The Edge also reported that plastics parts manufacturer SKP Resources Bhd was positioning itself as a contract manufacturer to grow its revenue stream by securing more contracts from its existing customers.

The weekly reported that the Johor-based company, which has seen quarterly net profit grow an average of 58% in the past five quarters, recently secured a new contract to manufacture and supply a new product for an existing customer.

"This is our second contract where we will assemble the full product for our existing customer. The commercial production for the new product is expected to commence early next year and should provide recurring income for the next few years," The Edge quoted SKP's excutive director Ivan Gan as saying. However, he declined to reveal more information about the new contract due to trade sensitivity, said the paper.

Captros

152 posts

Posted by Captros > 2012-09-09 18:19 | Report Abuse

Nothing wrong with the Company. Should pick up tomorrow...at early trading.

jester

852 posts

Posted by jester > 2012-09-09 18:25 | Report Abuse

Good counter actually. Nice support price to pick up as well.

The co. is improving itself quite well and could well be a better company by having good management.

That's said. Dato Gan is indeed retiring. If his replacement is good, the co. should do fine.

All these is my opinion only. I'm a newbie and perhaps I am wrong.

Thanks!

Posted by Alex Leow Sze Shen > 2012-09-09 22:57 | Report Abuse

woot! Should pick up tomorrow morning as well with this news!

Posted by Alex Leow Sze Shen > 2012-09-10 09:19 | Report Abuse

Secured 50 lots for SKPRES at 0.35 this morning!

tonylim

4,796 posts

Posted by tonylim > 2012-09-10 09:22 | Report Abuse

alex, now you change the history and buy back?

Posted by Alex Leow Sze Shen > 2012-09-10 09:38 | Report Abuse

tonylim, yes ---> if no news come out then so sorry, this stock is a history because...if no new contract, earnings will be stagnant and might be drop in mere future but if they got to secure a new contract, then it's possible to overlook some great earnings in future. This is the news that I wanted to hear all these while!

tonylim

4,796 posts

Posted by tonylim > 2012-09-10 10:11 | Report Abuse

new contract is old news, you miss it?

Posted by Alex Leow Sze Shen > 2012-09-10 10:41 | Report Abuse

And do you know who supply SKPRES the contract?

victor168

181 posts

Posted by victor168 > 2012-09-10 12:10 | Report Abuse

Hi Alex, can u let us know who supply the contract ?

Posted by Alex Leow Sze Shen > 2012-09-10 12:15 | Report Abuse

victor168: I heard it's DY___N. You should know :)

Posted by Alex Leow Sze Shen > 2012-09-10 12:15 | Report Abuse

SKPRES dropping back now....now I karam on the boat for the time being!

Posted by Alex Leow Sze Shen > 2012-09-11 18:28 | Report Abuse

KOH CHIN KOON is the latest director who disposed SKPRES and SKPRES-WA share

hornetsjet

340 posts

Posted by hornetsjet > 2012-09-11 23:54 | Report Abuse

Any idea why he wanna sell all his share?

Posted by Alex Leow Sze Shen > 2012-09-12 09:55 | Report Abuse

This morning still got Director disposing their share...DAMN!

Posted by Alex Leow Sze Shen > 2012-09-12 16:39 | Report Abuse

SKPRES has struck 0.33, anyone still on the boat?

victor168

181 posts

Posted by victor168 > 2012-09-12 23:06 | Report Abuse

I still keep it.

jester

852 posts

Posted by jester > 2012-09-12 23:11 | Report Abuse

I still keep it as well.
The business is improving albeit slowly.
Dy is okey as well.

Just my newbie opinion

Posted by Alex Leow Sze Shen > 2012-09-12 23:44 | Report Abuse

Good, who enter the price between 0.33 and 0.37?

omgimnoob

514 posts

Posted by omgimnoob > 2012-09-12 23:56 | Report Abuse

TT entered 0.37 here

Posted by Alex Leow Sze Shen > 2012-09-13 00:00 | Report Abuse

good, just as reference price, what about others? I sold SKPRES at 0.36 and re-enter at 0.35

Posted by jerrykoh > 2012-09-13 00:49 | Report Abuse

still hold at 0.36, dun know how many day will drop again... scareeeeeeeeeeeee

Posted by Alex Leow Sze Shen > 2012-09-13 08:50 | Report Abuse

Let's see today's market!

victor168

181 posts

Posted by victor168 > 2012-09-13 09:43 | Report Abuse

i enter at 0.365 and still hold on it, i think most of us enter at this price.

Posted by Alex Leow Sze Shen > 2012-09-13 10:09 | Report Abuse

oic...I bought at 0.35 3 days back!

1621

27 posts

Posted by 1621 > 2012-09-13 10:53 | Report Abuse

Why stil not up yet!

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