SKP RESOURCES BHD

KLSE (MYR): SKPRES (7155)

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Last Price

0.98

Today's Change

-0.02 (2.00%)

Day's Change

0.975 - 1.00

Trading Volume

1,774,800


27 people like this.

10,791 comment(s). Last comment by MiaoMiao7 15 hours ago

boscokt

152 posts

Posted by boscokt > 2013-08-16 16:24 | Report Abuse

juz jump in today....hope to rise on nxt monday........ the power is like LBS....

Posted by Alex Leow Sze Shen > 2013-08-16 16:35 | Report Abuse

Jumped like a winner!

eht6769

711 posts

Posted by eht6769 > 2013-08-16 16:49 | Report Abuse

standy price same like yesterday ..........Dato test on market

KC Loh

13,701 posts

Posted by KC Loh > 2013-08-16 16:49 | Report Abuse

looking at the reaction to markets in Asia, i think SKPres is holding up pretty well, both mother and daughter. Looking forward to their upcoming earning report! TA & RHB (didnt read report yet) must surely have something they are trying to communicate!

kcchongnz

6,684 posts

Posted by kcchongnz > 2013-08-16 16:56 | Report Abuse

Why is Dato Gan buying SKPRes shares and at the same time selling its warrants?

Posted by eht6769 > Aug 16, 2013 01:32 PM | Report Abuse
Dato and Gan Poh San sold out WA 4500 lots at 0.105........meaning too much on hold for these Gan family...need to release some in market only can goreng more untill the TP as they 're like to see.

To me it is very obvious. Everybody is chasing the warrant because it is seemingly "cheap". Is it really so? Then Dato Gan is stupid, is he?

Using an option pricing model, when the underlying share price at 38 sen, the fair value of its warrant is less than 4 sen. This is basing the assumptions of 30% historical volatility of the underlying share. Although option pricing is not an exact science, the market value shouldn't be such a big difference (>100%) from its fair value.

The "killer" for the warrant is the high dividend yield of 6.7%. Only common shareholders enjoy the high dividend, not warrant holder. The high dividend of the underlying share destroys the value of warrants.

inwest88

5,628 posts

Posted by inwest88 > 2013-08-16 17:03 | Report Abuse

Logical explanation from kc. The warrant price is commanding too high a premium!

KC Loh

13,701 posts

Posted by KC Loh > 2013-08-16 17:04 | Report Abuse

malaysian investors don't calculate like that! :)

Ng Kai Yau

676 posts

Posted by Ng Kai Yau > 2013-08-16 17:20 | Report Abuse

ya, they like counter like sumatec

KAHFIEHLAI

677 posts

Posted by KAHFIEHLAI > 2013-08-16 21:48 | Report Abuse

Controlled party disposed huge volume W @ 0.105. someone out there is collecting...Who???? We small punters don't have to know.. just remember these (1). Disposer still holding major shares after disposed, u think he want the co. share up or down? (2.) Collector(s) buy huge volume @9,000,000 @ 0.105 = million $$$, u think without confident who want to punt mil$ here for fun.

just try to think positive and give myself confident.自我安慰.....哈

KC Loh

13,701 posts

Posted by KC Loh > 2013-08-16 21:53 | Report Abuse

Smart thinking

KAHFIEHLAI

677 posts

Posted by KAHFIEHLAI > 2013-08-16 23:10 | Report Abuse

tq...u agree, then i am more cofident to hold longer..

KC Loh

13,701 posts

Posted by KC Loh > 2013-08-16 23:13 | Report Abuse

Wrote more in skpres -WA thread. I would say I concur with your thinking

Posted by callmehorny > 2013-08-17 10:05 | Report Abuse

will fly on Monday or not...

Posted by wanghing81 > 2013-08-17 10:40 | Report Abuse

this price is high for buy now?pls advice.

eht6769

711 posts

Posted by eht6769 > 2013-08-17 10:45 | Report Abuse

fly ...cfm

ethg

226 posts

Posted by ethg > 2013-08-17 11:26 | Report Abuse

fly please, buying at .38 isnt too high?

Eden Thean

133 posts

Posted by Eden Thean > 2013-08-17 13:20 | Report Abuse

anyway, why they acquire ANCHOR IMPRESSION SDN. BHD? can anyone tell me ?

KAHFIEHLAI

677 posts

Posted by KAHFIEHLAI > 2013-08-17 14:55 | Report Abuse

Dear Eden T
The final reason is just like why we need to punting in share market loh

erica

405 posts

Posted by erica > 2013-08-18 15:03 | Report Abuse

2morow will fly.....

KC Loh

13,701 posts

Posted by KC Loh > 2013-08-18 17:17 | Report Abuse

SKP Resources Bhd (SKP) is engaged in investment holding and provision of management services to the subsidiaries. The Company is engaged in manufacturing of plastic products which is carried out in Malaysia. The Company's subsidiaries include Syarikat Sin Kwang Plastic Industries Sdn. Bhd. (SKP), Goodhart Industries Sdn. Bhd. (GHI), Goodhart Land Sdn. Bhd. (GHL), S.P.I. Plastic Industries (M) Sdn. Bhd. (SPI) and Goodhart Technology Sdn. Bhd. (GHT). Syarikat Sin Kwang Plastic Industries Sdn. Bhd. (SKP), S.P.I. Plastic Industries (M) Sdn. Bhd. and Goodhart Industries Sdn. Bhd. (GHI) is engaged in manufacturing of plastic products. Goodhart Land Sdn. Bhd. (GHL) is engaged in letting of property and property holding. Goodhart Technology Sdn. Bhd. (GHT), is engaged in manufacturing of metal moulds. In July 2013, the Company acquired Anchor Impression Sdn. Bhd.

make an intelligent guess!

bluechip

338 posts

Posted by bluechip > 2013-08-18 19:34 | Report Abuse

so mr kc loh..what re u trying to say?buy?

KC Loh

13,701 posts

Posted by KC Loh > 2013-08-18 20:34 | Report Abuse

Make another intelligent guess

Ng Kai Yau

676 posts

Posted by Ng Kai Yau > 2013-08-18 20:50 | Report Abuse

increase of production capacity

KC Loh

13,701 posts

Posted by KC Loh > 2013-08-18 21:35 | Report Abuse

Intelligent guy abound

Posted by Alex Leow Sze Shen > 2013-08-19 00:23 | Report Abuse

Talk less must act fast!

KAHFIEHLAI

677 posts

Posted by KAHFIEHLAI > 2013-08-19 00:30 | Report Abuse

Alex..what to act? Long or short...?

Posted by Alex Leow Sze Shen > 2013-08-19 00:33 | Report Abuse

both also can! Up to you how much u want to profit :)

SANG-JERO

3,980 posts

Posted by SANG-JERO > 2013-08-19 09:09 | Report Abuse

today sk pres feeling dizzy...Hangover...too much Yamseng and Karaoke over the week-end...

Posted by Alex Leow Sze Shen > 2013-08-19 09:14 | Report Abuse

Also led by poor market performance

eht6769

711 posts

Posted by eht6769 > 2013-08-19 09:58 | Report Abuse

dato & his's son catch fish

Yuming

548 posts

Posted by Yuming > 2013-08-19 10:30 | Report Abuse

Based on Triangle trend Analysts, the price still will boom up. Jz depend on how much ur TP (target profit)

metalmonk

174 posts

Posted by metalmonk > 2013-08-19 10:41 | Report Abuse

this is a long term, as they are already looking at land to increase capacity. so its a growing company..

wwwcomment

448 posts

Posted by wwwcomment > 2013-08-19 10:44 | Report Abuse

this week is the week. up or down must throw.

bluechip

338 posts

Posted by bluechip > 2013-08-19 10:57 | Report Abuse

we will see...im out to 'fishing'...waiting for good fatty fish...

Yuming

548 posts

Posted by Yuming > 2013-08-19 11:01 | Report Abuse

Price will raise up again, fast invest you bullets on it for long term investment!!!!!! Chance only 1......For those who had sold, buy back when low now......

papaya

3,086 posts

Posted by papaya > 2013-08-19 11:15 | Report Abuse

skpres/wa need a rest a bit b4 resume uptrend.....time to load if want to be long with this stock....

Posted by LocustFund > 2013-08-19 11:21 | Report Abuse

this is the 1st uptrend, a normal uptrend chart got 3times of uptrend, so still got 2 times before it hit almost 0.625.

eht6769

711 posts

Posted by eht6769 > 2013-08-19 11:33 | Report Abuse

collect ......from

Posted by Alex Leow Sze Shen > 2013-08-19 12:21 | Report Abuse

Very boring market today!

Posted by Alex Leow Sze Shen > 2013-08-19 12:25 | Report Abuse

wahh! Who last minute sapu a lot!

ethg

226 posts

Posted by ethg > 2013-08-19 13:34 | Report Abuse

price stop for today......

Ameera

2,921 posts

Posted by Ameera > 2013-08-19 13:38 | Report Abuse

Is ok price STOP and not DROP....:)

Yuming

548 posts

Posted by Yuming > 2013-08-19 13:44 | Report Abuse

today market not bored lo....MAS up 17.8% today, wow.....

KC Loh

13,701 posts

Posted by KC Loh > 2013-08-19 13:57 | Report Abuse

stop or drop slightly back for refueling is ok! LOL

ethg

226 posts

Posted by ethg > 2013-08-19 14:07 | Report Abuse

wht is the reason MAS price shot up? not follow this counters, i thk their lossing money and having problem of privatization

Posted by Alex Leow Sze Shen > 2013-08-19 14:24 | Report Abuse

Can it break 0.39 today?

metalmonk

174 posts

Posted by metalmonk > 2013-08-19 14:51 | Report Abuse

because of rumors of privatisation but long term, there are some risk but it's worth to invest as it's NTA is around 0.52 so price at .385 is still undervalued. PE are quite high but they are on track to turn to black as they have increase their business, last quarter values in terms of occupancy, etc, even higher percentage than SIA..

zKingDB

764 posts

Posted by zKingDB > 2013-08-19 15:35 | Report Abuse

najib say gov not selling MAS, now selling Panic there..... xD what a show by Malaysia.....

bluechip

338 posts

Posted by bluechip > 2013-08-19 16:01 | Report Abuse

all based on rumors from kuda tua pakai cermin mata...

papaya

3,086 posts

Posted by papaya > 2013-08-19 16:05 | Report Abuse

hahaha.......

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