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?

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

show another wave kecil....

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

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

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.

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

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

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

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

result no good, if good then will increase

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 This company depend too much Dyson, most of their product already outdated!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!

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

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

up liao...

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

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

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

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

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

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$$$$

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.

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

Why is there sucha high selling rate?

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.

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

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

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

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.

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..

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

sold all yday @0.36 missing the train

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

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.

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

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

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

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!!

Posted by chiongster1234 > 2014-05-12 18:40 | Report Abuse

wau..solid bar with new high prices?

Posted by johnny cash > 2014-05-12 20:30 | Report Abuse

MONEY TALK



SKP RESOURCES (SKP MK)


Gaining New Fans
Following its weak earnings in FY14, SKP, an integrated plastic manufacturer with
mechanical-electronics assembly capability, is poised to make a strong recovery and
resume its growth trend from FY15 onwards. Its recovery is underpinned by clients’
growing orders for existing capacity as well as commencement of new production lines
that cater to a new product range. Being a small-cap company with solid earnings
growth prospects, prospective dividend yield of 6% and close to RM100m cash (31%
market cap) in its coffer, SKP deserves to trade at 10x 2015F PE. Initiate coverage with
a BUY and a target price of RM0.55.
INVESTMENT HIGHLIGHTS
 New product cycle fanning an earnings CAGR of 26% in FY14-17F. After soft
volume orders in FY14 ahead of significant product upgrade, SKP is on track to
resume its growth trend in FY15, particularly post-capacity expansion in 2HFY15.
We expect SKP to achieve RM40m-59m in FY15-17F vs RM29m in FY14F. The
earnings leap in FY15-17F is mainly attributable to the increasing orders from its key
customer, Dyson. SKP will be ramping up its capacity by 75% in stages and the
facilities will be mainly catered for Dyson’s product segments. The rising order will
also be partly due to client’s introduction of a new product and growing demand for
existing products.
 Becoming an assembly contractor of choice in the E&E space. SKP’s Europe-
and Japan-based multinational IDMs of consumer electronics have increasingly
recognised SKP’s production efficiency, growing engineering competency and
financial strength. This has resulted in it securing more contracts.
 Strong balance sheet and cash flow. SKP’s coffer is backed with about RM100m
net cash (31% of market cap). Assuming SKP forks out RM50m capex for expansion
and maintains a 50% dividend payout policy, we estimate that SKP’s cash level will
still remain healthy at RM92m by FY16. This reflects the company’s healthy cash
flows and efficiency in generating quick paybacks.
 Attractive dividend yield of 6-8% expected in FY15-16F, assuming a 50%
dividend payout policy.
 Initiate with BUY and a target price of RM0.55 based on 10x 2015F PE. Our
valuation is reasonable as it implies an effective target PE of 5.2x after stripping out
its estimated FY15F net cash (9sen/share). Its present about 10% discount to other
local manufacturing companies’ PEs makes it compelling. From EV/EBITDA
valuation perspective, SKP’s 3.9x FY15F is much lower than that for the others’
average of 7.0x.

Posted by johnny cash > 2014-05-12 20:55 |

Post removed.Why?