SKP RESOURCES BHD

KLSE (MYR): SKPRES (7155)

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Last Price

1.05

Today's Change

+0.03 (2.94%)

Day's Change

1.03 - 1.06

Trading Volume

1,878,300


27 people like this.

10,784 comment(s). Last comment by curiousq 1 week ago

tomanhead

603 posts

Posted by tomanhead > 2014-04-02 10:54 | Report Abuse

any other real story here???for the price movement??

Angangang

64 posts

Posted by Angangang > 2014-04-05 21:34 | Report Abuse

Why price no up......

bing

3,794 posts

Posted by bing > 2014-04-05 21:37 | Report Abuse

This stock I been keep for around 1 year liao. Haiz...

angangang

27 posts

Posted by angangang > 2014-04-10 17:54 | Report Abuse

0.33...

Posted by Yap Chi Fai > 2014-04-10 19:45 | Report Abuse

will rise tomorrow?

KAHFIEHLAI

677 posts

Posted by KAHFIEHLAI > 2014-04-10 20:56 | Report Abuse

show another wave kecil....

metalmonk

174 posts

Posted by metalmonk > 2014-04-14 15:04 | Report Abuse

There still potential as Dato gan bought 10 mil shares and now with new land, you can expect growth in sales.. else he wont need to buy land.. do monitor and see..

Posted by splendid_ignorance > 2014-04-14 15:05 | Report Abuse

if it trades sideways at the 0.325 - 0.33 range can still monitor as on previous few incidences, it will fall back to 0.30 whenever it hits the resistance of 0.33

fukrai

168 posts

Posted by fukrai > 2014-04-14 19:17 | Report Abuse

no hurry to enter yet, dont want money to stuck for too long with no price movement

Yuming

548 posts

Posted by Yuming > 2014-04-15 17:18 | Report Abuse

Bit bored stay in this stock..... no surprise and wasted lot time here. this stock suit for investment instead of trading.

Yuming

548 posts

Posted by Yuming > 2014-04-17 16:59 | Report Abuse

engine start ard, more buyers pls.....

Posted by splendid_ignorance > 2014-04-17 17:02 | Report Abuse

wa very long din pass 0.33 dee. good sign but lets see if it holds. collection around 0.33 for quite a few days already

fortunebullz

2,000 posts

Posted by fortunebullz > 2014-04-17 17:07 | Report Abuse

Skpress now and forever 30 cents! Never move beyond few cents!

Posted by splendid_ignorance > 2014-04-17 17:09 | Report Abuse

haha yar possibly retrace to the 30 cents mark next few days haha

Yuming

548 posts

Posted by Yuming > 2014-04-17 17:46 | Report Abuse

I last year SEP 0.32 hold until now, no movement, really speechless.... now consider ok a bit.... halo bro skpress, engine start lo pls....sleep/ dream too long ard.... lim pek beh tahan liao

Steven Yong

1,251 posts

Posted by Steven Yong > 2014-04-17 17:47 | Report Abuse

result no good, if good then will increase

fortunebullz

2,000 posts

Posted by fortunebullz > 2014-04-17 17:50 | Report Abuse

Once a while Skpress move up! You beter unload! This company depend too much Dyson, most of their product already outdated! They bladeless fan and vacuum copy cat like wild fire in China! Revenue dropping!

metalmonk

174 posts

Posted by metalmonk > 2014-04-18 10:00 | Report Abuse

the management couldn't manage the increase in cost in labour (min wage) and new electricity tariffs.. and we can expect tariffs to increase in future due to reduce subsidy..unless management can pass the cost down but with single big customers like dyson, then its not so easy. Another issues is the shares are not diliuted and this will not attract fund managers to buy as well. Hopefully the management can really improve here

angangang

27 posts

Posted by angangang > 2014-04-21 15:59 | Report Abuse

up liao...

piotoy38

217 posts

Posted by piotoy38 > 2014-04-22 00:47 | Report Abuse

Short term correction then another bull ride..

Posted by splendid_ignorance > 2014-04-22 09:20 | Report Abuse

hooo....something's up

angangang

27 posts

Posted by angangang > 2014-04-22 09:26 | Report Abuse

got good news?

Posted by splendid_ignorance > 2014-04-22 09:27 | Report Abuse

not that i'm aware off. might be just another cycle after breaking thru resistance. that said quarterly report might be due. previous few reports quite unfavourable so maybe a turn around. however pure speculation at this point

Posted by splendid_ignorance > 2014-04-22 09:36 | Report Abuse

dato gan filed with bursa to trade on the stocks though so that might be an indication on something brewing

Posted by splendid_ignorance > 2014-04-22 10:07 | Report Abuse

breaking out of 0.40 is abit optimistic on the back of a lack of news and poor historical results so far

sephiroth

14,145 posts

Posted by sephiroth > 2014-04-22 10:07 | Report Abuse

same trend like last bull, after breaking 36, later back to 32

Yuming

548 posts

Posted by Yuming > 2014-05-07 09:51 | Report Abuse

Even market not really steady today, but this stock still in uptrend status, right time to go in, estimate the price will break 0.36 within these few days

KAHFIEHLAI

677 posts

Posted by KAHFIEHLAI > 2014-05-07 21:22 | Report Abuse

market up..it down.....when market down..it up what the funny things it is.....anyway i like this stock...making lot$$$$

angangang

27 posts

Posted by angangang > 2014-05-08 09:55 | Report Abuse

up liao up liao....

Posted by goldenrain > 2014-05-08 11:38 | Report Abuse

This counter will push to 0.4 by end of this month. Hop into boat before it's too late.

Nickgan

86 posts

Posted by Nickgan > 2014-05-08 12:16 | Report Abuse

Why is there sucha high selling rate?

angangang

27 posts

Posted by angangang > 2014-05-08 12:31 | Report Abuse

0.37....

Posted by goldenrain > 2014-05-08 12:31 | Report Abuse

Don't look at the selling/buying rate. It doesn't matter. 0.37 now
Those who hop in the boat, sit back and relax while watching it fly.

wolf1

721 posts

Posted by wolf1 > 2014-05-08 13:26 | Report Abuse

sold 250lots at 36....remaining 200lots wait for 40

Yuming

548 posts

Posted by Yuming > 2014-05-08 16:57 | Report Abuse

Sold at 0.365, keep profit and run 1st......aim go in at 0.31

Posted by goldenrain > 2014-05-08 18:22 | Report Abuse

Don't think it will dive to 31c unless market weak again like last week.

This company has 1/3 of market capital cash in hand and at the current price it's consider cheap valuation. So it's definitely a strong buy. I will be adding more at 365 tomorrow.

Just my 2c

johnny cash

6,400 posts

Posted by johnny cash > 2014-05-09 09:50 | Report Abuse

SKP Resources (SKP MK)
Technical BUY with +16.4% potential return
Last price : RM0.365
Target Price : RM0.395, RM0.425
Support : RM0.335
Stop-loss: RM0.330
BUY with a target price of RM0.425 with stop
loss placed below RM0.330. SKP’s share price
has retraced, consolidated and recovered
gradually, forming a bullish reversal pattern of
“cup and handle” over the last 6 months.
Yesterday’s closing above the neckline of
RM0.360 was backed by a much higher trading
volume of 11.9m shares (vs 20-day average of
0.2m) that validated the breakout. The bullish
crossover in both MACD and Stochastic, which
signals a strong momentum ahead, should in
our view push the share price higher. Moving
forward, we peg our medium-term upside
target at RM0.425 using X to X projection
based on the “cup and handle” pattern.

nicermannson

1,094 posts

Posted by nicermannson > 2014-05-09 11:09 | Report Abuse

skpres go, go go

38 being eaten slowly

Posted by goldenrain > 2014-05-09 11:13 | Report Abuse

So together with both technical and fundamental point of view, it's high conviction buy for now.

Please be reminded that this company is still massively undervalued with huge cash pile.

Don't wait until it's too late..

taych

100 posts

Posted by taych > 2014-05-09 11:42 | Report Abuse

sold all yday @0.36 missing the train

NOBY

936 posts

Posted by NOBY > 2014-05-09 12:59 | Report Abuse

Dato Gan accumulated at RM0.36
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1618025

KAHFIEHLAI

677 posts

Posted by KAHFIEHLAI > 2014-05-10 14:54 | Report Abuse

johnny cash...good view on cup & handle...next 2 wks once brk 40c sure good show ordy

Posted by chiongster1234 > 2014-05-10 15:50 | Report Abuse

Monday show times, TP 0.40 :) up up up

Posted by goldenrain > 2014-05-12 10:23 | Report Abuse

Watch out for the show for today. It will close 0.39 or above.

jbond

48 posts

Posted by jbond > 2014-05-12 12:20 | Report Abuse

let's c if you are right. this counter always puncture halfway

Posted by goldenrain > 2014-05-12 15:48 | Report Abuse

UOB's TP: 0.55

jbond

48 posts

Posted by jbond > 2014-05-12 17:29 | Report Abuse

Are u dato gan's machai? trying hard to trumpet the stock

jbond

48 posts

Posted by jbond > 2014-05-12 17:30 | Report Abuse

or an unwilling long term investor trying to get out? LOL

Posted by goldenrain > 2014-05-12 17:31 | Report Abuse

Nope, I truly believe in this counter.

Posted by goldenrain > 2014-05-12 18:33 | Report Abuse

6x PE + 6% yield + 100m cash with zero borrowings = fundamentally good!!

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