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 5 hours ago

Posted by The Picker > 2013-11-05 12:36 | Report Abuse

What is FA or TA actually mentioned here?

mickaelp

95 posts

Posted by mickaelp > 2013-11-05 20:52 | Report Abuse

Fundamental analysis = FA, Technical analysis = TA

ashrizal1

426 posts

Posted by ashrizal1 > 2013-11-05 22:25 | Report Abuse

hello friends, no mater we took FA or TA to be our guideline in dealing with stock market. the strong words i remember to day is "there is no wrong or right in investing in stock market".

Posted by StockLearner > 2013-11-05 22:28 | Report Abuse

Hi guy. For those investing in Skpres, allow me to share some internal secrets of this company. Over 50% sales of VS & Skpres come from Dyson. In Greater China, Dyson let Jebsen to distribute its products. I check Jensen's public announcement. In July 2013, 85 Dyson outlets have been officially opened. In Sept 2013, 100 Dyson outlets opened. End of 2013, Jensen said it has confident to open till 200 outlets as projected by Dyson's spokesperson in 2012 to expand in Greater China. I found out that VS & Skpres sales have direct correlation. When Skpres sales dropped in 3rd & 4th quarter of 2013 & 1st quarter of 2014, VS sales also stagnant at the same time. As both companies over 50% sales from Dyson, the latest VS sale improved significantly with +ve result, I believe the coming quarterly EPS will be much better.

Buy on weakness, now. If the coming result is not good, why Mr Gan bought back over 12 million units stocks in August & Sept 2013? In contrast, when Mr Gan felt that the result is not good, he will choose to sell off some stocks. In Feb 2013, Mr Gan sold out 90 million units stock or 10% to Lembaga Tabung Haji because he realized that the coming report for 3rd & 4th quarter of 2013 will not be good & he can't see over 6 months sales order. So he chooses to sell off 10% stock. But in June 2013 to Sept 2013, he know the likely sales order & so, he bought back 12 million units stock.

So guys, dun miss the chance to buy at discounted price NOW.

When VS reported its BETTER quarterly report, the stock shoot up from RM1.20 to RM1.37 now or over 10% gain. If same thing happens to SKpres, this means this stock will challenge RM0.38 & once RM0.38 is breakthrough, RM0.40 is the next target or over 15% gain with improved quarterly report.

Good luck...
Good nite...

Posted by StockLearner > 2013-11-05 22:29 | Report Abuse

Dyson's distributor in china is Jebsen, not Jensen, typo error.

mickaelp

95 posts

Posted by mickaelp > 2013-11-06 08:01 | Report Abuse

Thanks for the valuable info

Posted by TonsilBasher > 2013-11-06 12:59 | Report Abuse

Latuk Gan i still hopeful

wwwcomment

448 posts

Posted by wwwcomment > 2013-11-07 11:09 | Report Abuse

I think I am holding skp for to long. Still figure out when to exist. My entry is 0.35.

Posted by Naughtygirl > 2013-11-07 11:22 | Report Abuse

cut loss and look for others

Hustle

3,615 posts

Posted by Hustle > 2013-11-07 11:35 | Report Abuse

Just dispose yesterday,dividend + roti canai profit god damn counter.

KC Loh

13,701 posts

Posted by KC Loh > 2013-11-07 11:41 | Report Abuse

lu water pistol no good, cannot fight Gan's! LOL

Hustle

3,615 posts

Posted by Hustle > 2013-11-07 12:36 | Report Abuse

Fight others lo,choices is around hehe.Just depends on quarter report not excited enough,at least plus some dividend news.

Fortunebull

2,599 posts

Posted by Fortunebull > 2013-11-07 12:38 | Report Abuse

Maybe need bullbear to push down price so we all can buy low sell 34.5 cents!

Hustle

3,615 posts

Posted by Hustle > 2013-11-07 12:40 | Report Abuse

Bullbear is Kc Loh servant,you need to ask kc help already :)

Fortunebull

2,599 posts

Posted by Fortunebull > 2013-11-07 12:56 | Report Abuse

Maybe all cancel orders from bullbear is what needed!

KC Loh

13,701 posts

Posted by KC Loh > 2013-11-07 13:32 | Report Abuse

Posted by Hustle > Nov 7, 2013 12:40 PM | Report Abuse
Bullbear is Kc Loh servant,you need to ask kc help already :)

afterwards my bullsh*tbear sue you kaw kaw for libel then you know! :)

Ewan Ali

29 posts

Posted by Ewan Ali > 2013-11-08 13:15 | Report Abuse

stock hampeh

ashrizal1

426 posts

Posted by ashrizal1 > 2013-11-09 19:27 | Report Abuse

most of FA counter was very steady and not fluctuated much, with stable price and within 12 month holding usually will receive dividend so what the lost here? but TA counter sometime the Chart can be lie's when it was manipulated by some Bigboy or syndicate trader. continuing holding and div reinvestment over the year FA follower can get reasonable gain so nothing to worry. but if FA counter sudently becoming Target of manipulative Goreng to irrational Value thats is the best time to Sell, and off cause when the price fall after the goreng session over we will buyback and shopping at cheaper price. LOL.

sephiroth

14,145 posts

Posted by sephiroth > 2013-11-11 09:42 | Report Abuse

seems to be a bit active today but still trap in hell hole 0.35-0.355 for past 1 yr

Yuming

548 posts

Posted by Yuming > 2013-11-11 10:50 | Report Abuse

i think engine may start liao

mickaelp

95 posts

Posted by mickaelp > 2013-11-11 15:11 | Report Abuse

back to 345 again

Posted by TonsilBasher > 2013-11-11 15:28 | Report Abuse

hope it back to 0.355

KAHFIEHLAI

677 posts

Posted by KAHFIEHLAI > 2013-11-11 20:41 | Report Abuse

it really testing u patient..hehehehe

Eden Thean

133 posts

Posted by Eden Thean > 2013-11-11 21:50 | Report Abuse

sudah mari! :D

Posted by StockLearner > 2013-11-12 17:05 | Report Abuse

Buy this counter for parking purpose, no risk at all because price is unchanged... wait result...

Posted by bernard6key > 2013-11-12 17:58 | Report Abuse

StockLearner like ur comment...Too bad not Like icon on it...
But seriously see this counter up is like ok very happy but for minutes only...

JayC

1,302 posts

Posted by JayC > 2013-11-14 10:42 | Report Abuse

The Company wishes to inform that it had on 17 October 2013 received notification from the following directors of the Company of their intention to deal in the securities of SKP during the closed period.

The details of their current holdings of securities in SKP are as follows:-

Name of Director Ordinary Shares of RM0.10 each Warrants 2012/2017
Direct Indirect Direct Indirect
No. of Securities % No. of Securities % No. of Securities % No. of Securities %
Dato' Gan Kim Huat 90,334,976 10.04 445,556,415* 49.51* 76 0 1,765,595* 0.98*
Gan Poh San - - 189,069,540# 21.01# - - 1,765,500# 0.98#

Notes:
* Deemed interested through Renown Million Sdn Bhd, Beyond Imagination Sdn Bhd, Graceful Assessment Sdn Bhd and Zenith Highlight Sdn Bhd, in accordance with Section 6A(4) of the Companies Act, 1965.
# Deemed interested through Beyond Imagination Sdn. Bhd. and Zenith Highlight Sdn Bhd, in accordance with Section 6A(4) of the Companies Act, 1965.

--------------------------
good news or bad news? i do not know how to read

JayC

1,302 posts

Posted by JayC > 2013-11-14 16:16 | Report Abuse

Posted by kcchongnz > Apr 7, 2013 12:13 PM | Report Abuse X

SKP Resources, A growth stock

SKPR’s revenue and earnings has been growing at a compounded annual growth rate of 20% and 18% respectively for the last 5 years as shown in the table below.

Year 2012 2011 2010 2009 2008 2007 CAGR
Revenue 414834 256996 195735 174729 178341 170066 20%
EBIT 48200 30981 17552 5307 22323 19811 19%
NI 36844 26245 13404 2931 18294 15997 18%
EPS 0.061 0.044 0.022 0.005 0.030 0.027 18%
Equity 179936 158059 140797 130386 129561 113792 10%

TA and OSK forecasted that its revenue and earnings will continue to grow at an average of 16.7% and 19.4% a year respectively for the next three years. SKPR is hence considered as a growth stock with growth rate more than 15% a year. However at a closing share price of 31.5 sen on 5th April 2013, SKPR is trading at a very low PE ratio of 5.1 (<<10), PEG of 0.3 (<<1), a P/B of 1.2 (<1.5), and a dividend yield of 9.8% (>>3.5%). Hence SKPR is not only a growth stock, it is also a value stock in every aspect.

A high growth stock has a major concern; that is if the growth adds value to the firm. Growth is considered shareholder value enhancing if the growth in earnings exceeds the weighted average cost of capital of the firm. With a return of total capital of 20.5% last year, it has clearly demonstrated that the growth is shareholder value enhancing.

So is SKPR a free lunch for investors; one with high growth and yet selling at a very cheap price?

Posted by StockLearner > 2013-11-14 17:12 | Report Abuse

Haha... today i push up the price to RM0.35...

JayC

1,302 posts

Posted by JayC > 2013-11-14 17:26 | Report Abuse

Stocklearner, any view on the directors of the Company of their intention to deal in the securities of SKP during the closed period?

You view this positively or negatively?

Ewan Ali

29 posts

Posted by Ewan Ali > 2013-11-14 18:33 | Report Abuse

stock paling hampeh sepanjang zaman yg abadi...

Fortunebull

2,599 posts

Posted by Fortunebull > 2013-11-14 19:57 | Report Abuse

Should rename this counter as Fix Deposit Berhad!

Posted by StockLearner > 2013-11-14 23:57 | Report Abuse

Hi JayC. Normally when a shareholder wants to increase its holdings or reduce its holding, it has to inform Bursa. So, I look at the notice given to Bursa at 17th Oct 2013 without any confirmation of buying or selling. No idea at it. You see, when you see intention to deal, it is usually associated with buying or selling notice. This one, none.

But look at the recent buyback by Mr Gan, this should not be any issue.

Just hang on...

Posted by TonsilBasher > 2013-11-15 07:23 | Report Abuse

happy payday dude...

Posted by StockLearner > 2013-11-15 12:03 | Report Abuse

Skpres... just like it so much... FD deposit... haha

JayC

1,302 posts

Posted by JayC > 2013-11-15 17:05 | Report Abuse

1. SKP is gonna announce Q2 result within these 2 weeks. I am expecting them to announce 1.3 cent EPS vs 1.0 for Q1. That would be a increase of 30% EPSGrowth (QoQ)
2. Assuming same with share price. increase of 30% in share price is 0.35 x30% = 0.455 cent
3. Together with the result, they will also be announcing first interim dividend. Expected to announce 1.1 cent (single tier) vs 1.3 last year.
4. Buying the share now, not only you get to receive dividend within 2 month, but also for their growth in dyson that is expending aggresively in china for 2014

Verdict:- High confident/maximum bet

jstan

34 posts

Posted by jstan > 2013-11-16 22:00 | Report Abuse

when the Q3 result will be released? Within next week?

JayC

1,302 posts

Posted by JayC > 2013-11-16 23:21 | Report Abuse

Result will be announced last week of November, like many of the listed company
Assuming they pay 1.1cent dividend, the yield is 0.011/0.35 = 3.15% for first interim!
Skpres pays dividend twice a year

azog

53 posts

Posted by azog > 2013-11-19 19:31 | Report Abuse

There's only one reason why the price is not go up. The accumulation phase is not yet over by the wise smart money. If we want to invest our fund in high quality investment grade stock like skpres there's no shortcut as this stock is not for those with quick rich mentality. Only those with ultimate holding power will survive in this game.

Always think Zhulian. A lot of investors fed up when its price stucked within the range of 1.80 to 2.20 for almost three years. They sold and buy other unpromising shares instead. Nobody guess that whoever planted the Zhulian tree three years ago are now smiling enjoying the sweetness of the Zhulian fruits n laughing all the way to the bank and those who still want to stay invested will still able to collect their divvy every three months for the rest of their lifetime. How nice. Buy Zhulian now? Haha..

I believe Skpres is another Zhulian in the making. They possesed the same characteristics, low PE, high divvy, consistent growth, reputable brand (supplier of Dyson), debt free etc. Fundamental basics as above everyone know but only a few are convinced n as usual most of people will end up chasing hot stocks n finaly went bankrupt.

Time will tell what will happen next to skpres. As usual only the power holders will survive..Guys let explore and get thru the true patience of planting skpres tree.. but always think that we will not harvest the the skpres fruits tomorrow, next week, next months or next year but until the end of our lifetime...Like what WB said Our Holding Period Is Forever...

Good luck..

Fortunebull

2,599 posts

Posted by Fortunebull > 2013-11-19 19:34 | Report Abuse

This counter very good in testing your patience! If you still holding for a year, congratulation! You wont make money except knowing how patience you are!

sephiroth

14,145 posts

Posted by sephiroth > 2013-11-19 19:37 | Report Abuse

i have already make 6 times 3 sen profit, i don't mind holding for the 7th time

ipomember

615 posts

Posted by ipomember > 2013-11-19 20:12 | Report Abuse

lol

sephiroth

14,145 posts

Posted by sephiroth > 2013-11-21 19:07 | Report Abuse

profit drop to RM7.28m but cash increase to RM95m

jstan

34 posts

Posted by jstan > 2013-11-21 21:15 | Report Abuse

Profit reduced, no dividend announced...chamn

JayC

1,302 posts

Posted by JayC > 2013-11-21 23:54 | Report Abuse

Skpres got 50% dividend policy. Therefore interim divided should be 0.9 cents.... Haven't announce only

Posted by Alex Leow Sze Shen > 2013-11-22 08:46 | Report Abuse

i hope it laosai today till 0.33, then can start pick up again!

sephiroth

14,145 posts

Posted by sephiroth > 2013-11-22 09:18 | Report Abuse

div usually announed next quarter (last yr earlier announce in nov, one off case), u guys have just received yr div chq this month right?
alex, i will add more at 32

yeo12345

63 posts

Posted by yeo12345 > 2013-11-22 09:26 | Report Abuse

Q to Q results decline, not so good.

haikeyila

1,068 posts

Posted by haikeyila > 2013-11-22 10:19 | Report Abuse

weak revenue and profits for 4 qtrs already. looks like the good times are over?

atta

88 posts

Posted by atta > 2013-11-22 11:09 | Report Abuse

my remiser told me that target price now downgrade to 20 sell.. better save yourself first before news is out..

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