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

Steve Jub

4,203 posts

Posted by Steve Jub > 2013-07-12 15:16 | Report Abuse

can request him to go on holiday these 2 weeks? hehe

Avocado_C

129 posts

Posted by Avocado_C > 2013-07-12 15:28 | Report Abuse

Steve Jub, you buy him air ticket and tell him to disappear for a while.

sephiroth

14,145 posts

Posted by sephiroth > 2013-07-12 16:26 | Report Abuse

always green for few minutes that back to 0.33

Steve Jub

4,203 posts

Posted by Steve Jub > 2013-07-12 16:47 | Report Abuse

hey good closing le, still bit vol to close one bit higher, 0.325 like yesterday...maybe tomoro, i mean next monday start buy q from 0.325 hehe

sam2828

200 posts

Posted by sam2828 > 2013-07-12 19:15 | Report Abuse

uncle will start selling his apples again.. haiz...

Eden Thean

133 posts

Posted by Eden Thean > 2013-07-12 21:10 | Report Abuse

40km/hr :D

KAHFIEHLAI

677 posts

Posted by KAHFIEHLAI > 2013-07-12 21:47 | Report Abuse

Eden...????? :Q

sephiroth

14,145 posts

Posted by sephiroth > 2013-07-13 10:15 | Report Abuse

mr ooi, need your help to calculate intrinsic value for skpres like you did for mtd acpi

tasoke

317 posts

Posted by tasoke > 2013-07-13 13:21 | Report Abuse

Cash in Hand 30 mil = 30 sen per share already.

Eden Thean

133 posts

Posted by Eden Thean > 2013-07-14 23:06 | Report Abuse

i meant this stock's driving speed with 40km/hr..very soon will go up 0.35 :D

Eden Thean

133 posts

Posted by Eden Thean > 2013-07-14 23:07 | Report Abuse

up to*

Steve Jub

4,203 posts

Posted by Steve Jub > 2013-07-15 09:21 | Report Abuse

now strengthening at 0.335 first...

wakarimas

1,043 posts

Posted by wakarimas > 2013-07-15 15:08 | Report Abuse

sure boh? this counter seems like very good. But is it a GORENG STOCK? macam kena goreng here and there. Chinese company? every year untung banyak, cheat account? haha? come on, give me some opinion, i am rookie.

sam2828

200 posts

Posted by sam2828 > 2013-07-17 13:56 | Report Abuse

Losing steam already.. lol... see u back in 30cents :) ciao

pbm8682

124 posts

Posted by pbm8682 > 2013-07-17 21:42 | Report Abuse

still ok but must have at least dividen payout in the coming month... ha3

Steve Jub

4,203 posts

Posted by Steve Jub > 2013-07-18 09:40 | Report Abuse

me too waiting at 0.30 hehe but gonna take some time kua

samad

472 posts

Posted by samad > 2013-07-18 12:01 | Report Abuse

Any chance to move higher ?

KAHFIEHLAI

677 posts

Posted by KAHFIEHLAI > 2013-07-18 20:26 | Report Abuse

Patience people will be rewards on this counter...collect low as m as u can

Hustle

3,615 posts

Posted by Hustle > 2013-07-19 10:51 | Report Abuse

Someone buy lah 0.33 since you already kill the chicken,please don't stingy about the eggs :)

Hustle

3,615 posts

Posted by Hustle > 2013-07-19 15:14 | Report Abuse

Buy 0.33 to 0.34 don't wait liao,move with the momentum is very important,please act like fund manager :)

haikeyila

1,068 posts

Posted by haikeyila > 2013-07-19 15:24 | Report Abuse

buy and watch your money being toyed around

Hustle

3,615 posts

Posted by Hustle > 2013-07-19 15:53 | Report Abuse

Don't worry haikey, all of us here can attend the AGM this quarter to "ki chew" kick Dato Gan out of the board and sell all his asset as capital refund,I'm sure this the happy ending that everybody here in this forum hope for hehe...

haikeyila

1,068 posts

Posted by haikeyila > 2013-07-19 15:56 | Report Abuse

buying 30c shares and talking about kicking butts?

Hustle

3,615 posts

Posted by Hustle > 2013-07-19 16:01 | Report Abuse

This 1 have to check 1st whether IPO % flow at the market more or Dato holding % more,sometimes you also not realize that the public power is more stronger than few directors :)

Hustle

3,615 posts

Posted by Hustle > 2013-07-19 16:27 | Report Abuse

Not sure this time Bonus or dividend been issue,may be both :)

sephiroth

14,145 posts

Posted by sephiroth > 2013-07-19 16:29 | Report Abuse

bonus issue not possible, final dividend is definite

Steve Jub

4,203 posts

Posted by Steve Jub > 2013-07-19 16:32 | Report Abuse

buy and sell 2 rounds and make some lunch from it...if drop, pickup for 3 rounds hehe

Hustle

3,615 posts

Posted by Hustle > 2013-07-19 16:33 | Report Abuse

Yup, after we get the dividend then wait for free warrant & bonus share.Base on historical payout summary, 2013 Gifts not been give out yet :)

inwest88

5,628 posts

Posted by inwest88 > 2013-07-19 16:33 | Report Abuse

This is one of the few counters which make people frustrated. Good cmapny but not reflected int he price.

sephiroth

14,145 posts

Posted by sephiroth > 2013-07-19 16:35 | Report Abuse

this is my 4th round, every round 2.5-3 sen gain

Hustle

3,615 posts

Posted by Hustle > 2013-07-19 16:35 | Report Abuse

Sometimes we have to test our patient :)

haikeyila

1,068 posts

Posted by haikeyila > 2013-07-19 16:44 | Report Abuse

dudes, go read the q1 financial report and stop ur wishful thinking

Hustle

3,615 posts

Posted by Hustle > 2013-07-19 16:50 | Report Abuse

Revenue for 3 years approximately 100mil,I'm pretty sure it is not bad for a 0.30++ company achievement.Quarter 1 still meet my average revenue so no big deal and keep climb hill haha...

sephiroth

14,145 posts

Posted by sephiroth > 2013-07-19 16:52 | Report Abuse

Seasonality effect in 4QFY13. As compared to the preceding quarter, SKP’s 4QFY13 net profit dropped 27.7% due to higher labour cost. Meanwhile, revenue declined by a marginal 2.6% due to seasonality effect. Note that there were lesser work days in 4QFY13 in conjunction with Chinese New Year break.

sephiroth

14,145 posts

Posted by sephiroth > 2013-07-19 16:53 | Report Abuse

1QFY14 earnings to normalize. SKP’s quarterly revenue slipped below
the RM100mn mark for the last 2 conservative quarters. Besides the
seasonal trend we highlighted above, we believe it could be due to
offloading activities as Dyson, a major customer of SKP, bumped up its
purchases before the opening of new stores in Shanghai and Beijing in
November 2012 (see Chart 1). It may have already offloaded some of the
stocks purchased in 3Q-4QFY13. As such, we expect sales for 1QFY14 to
normalise to above RM100mn.

pandarian

131 posts

Posted by pandarian > 2013-07-21 15:42 | Report Abuse

Sephiroth so what is your opinion regarding the value of this share? As to me at 0.32 is considered discounted price and if mid-term investor like me is worth to enter even it going up 2 - 3 cents is consider profitable at qty of 150 lots ~ But if still drop to 0.29 still can consider to buy in as no harm with its dividend yields compare to keep money at bank which yield nothing....

sephiroth

14,145 posts

Posted by sephiroth > 2013-07-21 16:59 | Report Abuse

pandarian, 4th round bought at 0.30, fy14 est div is 2.6 sen giving a superb yield of 8.67%, if drop to 0.29 and below, i'm gonna top up big time due to the co strong balance sheet and also dyson china is doing well. dyson is a premium brand, china gdp of below 7.5% won't stop the rich from buying dyson product,in fact dyson is doing great in uk even in 2008

pandarian

131 posts

Posted by pandarian > 2013-07-21 17:44 | Report Abuse

Ya agreed with you sephiroth ... a potential counter ~ to focus on certain potential growth share is better than buying many types but small qty which eventually not much earning~ anyway that is just my POV as i used to invest and thanks for sharing info

papaya

3,086 posts

Posted by papaya > 2013-07-21 23:55 | Report Abuse

time will come........buy when people don't want it.....good counter only neglects by people due earning drops.

haikeyila

1,068 posts

Posted by haikeyila > 2013-07-22 10:04 | Report Abuse

how much of their business is tied to dyson?

Hustle

3,615 posts

Posted by Hustle > 2013-07-22 10:06 | Report Abuse

If you wait for the robins, spring will be over hehe

haikeyila

1,068 posts

Posted by haikeyila > 2013-07-22 10:10 | Report Abuse

one swallow doth not a summer make

ipomember

615 posts

Posted by ipomember > 2013-07-22 10:13 | Report Abuse

SKPR is heavily depend on Dyson, roughly 30% to 40% of their profit come from Dyson? If my memory serves me right

Hustle

3,615 posts

Posted by Hustle > 2013-07-22 10:21 | Report Abuse

Check this out! You can also grab their unique product at shopping mall all around M'sia
http://www.chinadaily.com.cn/cndy/2013-03/14/content_16306937.htm

Hustle

3,615 posts

Posted by Hustle > 2013-07-22 10:25 | Report Abuse

With the increasing value of British pound the overall operating cost of Dyson will be reduce drastically and manage to generate huge profit from the market,As his suppliers, don't need to mention more la,the big host is aiming at them :)

haikeyila

1,068 posts

Posted by haikeyila > 2013-07-22 10:25 | Report Abuse

dyson is a good brand, most will agree. but what kind of a tie-up (sole parts supplier? contract manufacturer?) and how much influence does it have on skp's bottom line?

Hustle

3,615 posts

Posted by Hustle > 2013-07-22 10:29 | Report Abuse

I'm sure it is sole parts supplier since Dyson quality requirements is very high.Basically they emphasis at the quality & precise parts and not about the price.That's why even when you purchase Dyson products at the market,I don't believe it will sell at offer price right.If still suspicious,have a visit to their products at lunch time.

kaede85

61 posts

Posted by kaede85 > 2013-07-22 13:59 | Report Abuse

hope dividend will be announced soon, cheers!

Hustle

3,615 posts

Posted by Hustle > 2013-07-22 14:36 | Report Abuse

Apple...apple buy while green :)

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