SKP RESOURCES BHD

KLSE (MYR): SKPRES (7155)

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Last Price

1.05

Today's Change

-0.01 (0.94%)

Day's Change

1.04 - 1.07

Trading Volume

602,800


27 people like this.

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

sephiroth

14,145 posts

Posted by sephiroth > 2013-05-31 18:47 | Report Abuse

so pessimistic, how to invest and make money

KC Loh

13,701 posts

Posted by KC Loh > 2013-05-31 18:48 | Report Abuse

when accounting numbers and economics of business doesn't make sense to me, red flag, red brief all also i raise!

Hustle

3,615 posts

Posted by Hustle > 2013-05-31 18:49 | Report Abuse

Still within support range be chill :)

kcchongnz

6,684 posts

Posted by kcchongnz > 2013-05-31 18:50 | Report Abuse

So many investor (or shall I call them punters) are just too obsessed with quarterly report; result of short term which could very well be affected by seasonality, timing of orders and delivery etc. They see the trees but miss the forest.

passerby

2,877 posts

Posted by passerby > 2013-05-31 18:51 | Report Abuse

lol, still need to link underwear into explanation

KC Loh

13,701 posts

Posted by KC Loh > 2013-05-31 18:51 | Report Abuse

Chairman already mentioned in annual report they are prepared to spend to wean themselves off depending a big bulk of their business on Dyson. On top of that, Dyson is heading for China. If you are a businessman, what is your forecast?

Hustle

3,615 posts

Posted by Hustle > 2013-05-31 18:55 | Report Abuse

For business basically will run as plan,but kcchong possibly alert us to watch out overall market performance too.

shirley1

1,141 posts

Posted by shirley1 > 2013-05-31 18:56 | Report Abuse

someone bought at 0.34 is looking for chicken gate to go starbuck .. haha

kcchongnz

6,684 posts

Posted by kcchongnz > 2013-05-31 18:58 | Report Abuse

No, I don't pay too much attention of market performance. I look at business, its past performance as well as future prospects. Share price can go up and down everyday but value does not change like that. It also won't change just because of a quarterly result.

sephiroth

14,145 posts

Posted by sephiroth > 2013-05-31 18:59 | Report Abuse

to those who are 100% pure chicken, pls dump a lot so that i can grab below 0.30, ok, promise?

sephiroth

14,145 posts

Posted by sephiroth > 2013-05-31 19:00 | Report Abuse

cash and cash equivalent improve to RM92m or 10.27 sen per share out of mkt price 34 sen

KC Loh

13,701 posts

Posted by KC Loh > 2013-05-31 19:02 | Report Abuse

notice shirley1 appears when i mention red brief? new superman movie coming, so i heard! :)

Hustle

3,615 posts

Posted by Hustle > 2013-05-31 19:02 | Report Abuse

Please kill the chicken step by step don't let your emotion do the buying.

kcchongnz

6,684 posts

Posted by kcchongnz > 2013-05-31 19:06 | Report Abuse

How do you describe a company with an uninterrupted compounded annual growth rate of 17% in both revenue and net profit for the last 6 years with huge cash flows from operations and heaps of free cash flow; and a very healthy balance sheet with no debt and growing cash and cash equivalent? How many of this type of company can you find in Bursa?

Hustle

3,615 posts

Posted by Hustle > 2013-05-31 19:06 | Report Abuse

Hi kcchong mhb just show the Q1'13 report already burn half of it's forest.Possibly,lots of carpenter already run like hell without consider about it's value. :)

sephiroth

14,145 posts

Posted by sephiroth > 2013-05-31 19:07 | Report Abuse

everyone, pls start a selling tsunami, so that i can grab even cheaper at 0.25

passerby

2,877 posts

Posted by passerby > 2013-05-31 19:07 | Report Abuse

@shirley1, really can get starbuck with that :)

@kcchongnz, i actually agree value don't change with a quarterly result but few consecutive quarter results will change it. normally how many quarters of decline will the FA investor like you will start pulling hand brake? a bit nervous to see it

kcchongnz

6,684 posts

Posted by kcchongnz > 2013-05-31 19:08 | Report Abuse

And yet it is trading at a PE ratio of just 7.6, and enterprise value of just 4 times EBIT. Its ROE is 20% and ROIC of 33%!

passerby

2,877 posts

Posted by passerby > 2013-05-31 19:10 | Report Abuse

@kcloh,using underwear to attract shirley1,lol....and she really appeared....

BullBear

3,811 posts

Posted by BullBear > 2013-05-31 19:12 | Report Abuse

EPS (YoY): FY13 - 4.51sen / FY12 - 4.09sen

Revenue (YoY): FY13 - Rm422.5 mil / FY12 - Rm414.8 mil

Profit Before Tax (YoY): FY13 - Rm54.4mil / FY12 - Rm49.6mil

Revenue (QoQ): Q4 - Rm88.11mil / Q3 - Rm90.47mil

However, profit before tax reduced from RM13.12 million (Q3) in last quarter to RM9.22 million (Q4) mainly due to reduction in sales intake by customers during the festive season as well as the increase in labour costs as a result of implementation of minimum wage policy during this quarter.

Cash and cash equivalents: FY13 - Rm92.5 mil / FY12 - Rm61.9mil

Folks, how will the market react to this earnings? Time will tell! Hahahahahahahah!!

sephiroth

14,145 posts

Posted by sephiroth > 2013-05-31 19:19 | Report Abuse

what's the big deal, just sell, my high cash level is worrying, need to flow back to mkt thru skpres at 0.25-0.30

Kondohon

106 posts

Posted by Kondohon > 2013-05-31 19:32 | Report Abuse

BullBear is here :))

Alvian

334 posts

Posted by Alvian > 2013-05-31 19:56 | Report Abuse

i guess it will bull 1st, since people are panic to sell

Alvian

334 posts

Posted by Alvian > 2013-05-31 20:03 | Report Abuse

just check on dyson in china, now they got 37 store opens there from only 9 outlet last year... if dyson maintain their contract with skpres that would be great...

KAHFIEHLAI

677 posts

Posted by KAHFIEHLAI > 2013-05-31 20:41 | Report Abuse

Hi, kcchongnz,
I noticed big fall on MHB share price lately on current market performance.. Can help have a look?? I feel strange as price vs com. fundamental..
Thanks

joe2703

123 posts

Posted by joe2703 > 2013-05-31 23:04 | Report Abuse

Hi kcchongnz, do you consider SKPRES as a hidden gem or undervalue stock ? Or maybe it's just a counter that is value for money ?

Posted by stranger_8231 > 2013-05-31 23:16 | Report Abuse

anyone know why Dato Gan dump his share?

KAHFIEHLAI

677 posts

Posted by KAHFIEHLAI > 2013-05-31 23:57 | Report Abuse

God know...ask himself.
Business trend is good..and yet M shareholder disposed!
Either due to business need (shareholding loh) or He is Siaw (gila)
Don't u think so

kcchongnz

6,684 posts

Posted by kcchongnz > 2013-06-01 09:16 | Report Abuse

Posted by joe2703 > May 31, 2013 11:04 PM | Report Abuse
Hi kcchongnz, do you consider SKPRES as a hidden gem or undervalue stock ? Or maybe it's just a counter that is value for money ?

Joe2703, do I answer question as below?

Posted by kcchongnz > May 31, 2013 07:06 PM | Report Abuse X
How do you describe a company with an uninterrupted compounded annual growth rate of 17% in both revenue and net profit for the last 6 years with huge cash flows from operations and heaps of free cash flow; and a very healthy balance sheet with no debt and growing cash and cash equivalent? How many of this type of company can you find in Bursa?

Posted by kcchongnz > May 31, 2013 07:08 PM | Report Abuse X
And yet it is trading at a PE ratio of just 7.6, and enterprise value of just 4 times EBIT. Its ROE is 20% and ROIC of 33%!

Steve Jub

4,203 posts

Posted by Steve Jub > 2013-06-01 09:38 | Report Abuse

ops my cost is only 0.322 but i think still ok to hold for a little while kua...hm...

KAHFIEHLAI

677 posts

Posted by KAHFIEHLAI > 2013-06-01 11:10 | Report Abuse

Semm Steve is bulking big on Skpress..hehehe
Good luck to u & best wishes

Steve Jub

4,203 posts

Posted by Steve Jub > 2013-06-01 12:29 | Report Abuse

no la, few biji only :)

ryan7642

1,998 posts

Posted by ryan7642 > 2013-06-01 13:02 | Report Abuse

act this share is good to hold cos give out div every year mostly n currently the Yield is growing etc from previous 5% to 7-9% (assume tis year div rm0.025/0.34)...

KAHFIEHLAI

677 posts

Posted by KAHFIEHLAI > 2013-06-01 13:09 | Report Abuse

when to expect the coming div.? August?
Refer to the annu. report made 31/05/2013
http://klse.i3investor.com/servlets/staticfile/219787.jsp
Div declared 0.013% only..

ryan7642

1,998 posts

Posted by ryan7642 > 2013-06-01 13:32 | Report Abuse

tat 0.013 is interim div buddy, the final still haven announce yet but expect the div will better than last year 0.015..

sephiroth

14,145 posts

Posted by sephiroth > 2013-06-01 13:35 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements#/?category=EA&sub_category=all&alphabetical=All&company=7155

the trend every yr, final div propose end July, announced end Aug/early Sept

ryan7642

1,998 posts

Posted by ryan7642 > 2013-06-01 13:38 | Report Abuse

beside the debt lvl still comfort range n reduce from previous year 83M (70M Debt/422M Turnover=16% overall for FYE 2013)so the company is consider quite cash rich actually so div pay out every year no pro for them..

KAHFIEHLAI

677 posts

Posted by KAHFIEHLAI > 2013-06-01 13:40 | Report Abuse

oic tks ryan

kcchongnz

6,684 posts

Posted by kcchongnz > 2013-06-01 15:35 | Report Abuse

Skpres got debt meh? Which balance sheet are you reading???

KAHFIEHLAI

677 posts

Posted by KAHFIEHLAI > 2013-06-01 18:34 | Report Abuse

Debt? Yeah where u get this from?

Greenpower

304 posts

Posted by Greenpower > 2013-06-01 21:33 | Report Abuse

Last yr mar had announced div but this '13 mar no announcement for div. disappointed

ryan7642

1,998 posts

Posted by ryan7642 > 2013-06-02 00:16 | Report Abuse

@kahfieh.from the link u share look at the liability side http://klse.i3investor.com/servlets/staticfile/219787.jsp..

sephiroth

14,145 posts

Posted by sephiroth > 2013-06-02 09:28 | Report Abuse

greenpower, the march dividend is given earlier in November

Posted by Ng MC Angie > 2013-06-02 10:07 | Report Abuse

before announcement div had give out

Greenpower

304 posts

Posted by Greenpower > 2013-06-02 11:07 | Report Abuse

How do think above changes to go to tg again

sephiroth

14,145 posts

Posted by sephiroth > 2013-06-02 11:14 | Report Abuse

most probably, there's no changes to the timing of final dividend as the cash have improve substantially to 92.5m. 1 sen dividend = 9m

yahoo80

644 posts

Posted by yahoo80 > 2013-06-03 02:46 | Report Abuse

buy the mother ...

sephiroth

14,145 posts

Posted by sephiroth > 2013-06-03 09:15 | Report Abuse

hopefully can grab 0.30 and below after 4pm

Steve Jub

4,203 posts

Posted by Steve Jub > 2013-06-03 09:41 | Report Abuse

walau masuk longkang tim

yahoo80

644 posts

Posted by yahoo80 > 2013-06-03 09:42 | Report Abuse

masuk longkang ... sure la as klci correction mode ma....

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