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 33 minutes ago

Posted by billionhair > 2014-07-09 11:34 | Report Abuse

skpwa is going to break 0.30 very soon !!

yungdai2

19 posts

Posted by yungdai2 > 2014-07-09 13:44 | Report Abuse

Skpwa traded at 8% premium only. At 15%, it should be at 32.5 sen already. Good buy since its mother is moving towards 70 sen.

Posted by billionhair > 2014-07-09 18:18 | Report Abuse

BUY BUY BUY before it is too late

motomoto

670 posts

Posted by motomoto > 2014-07-09 18:41 | Report Abuse

Why wa won't move selling pressure still very high.

Posted by Serene Tan > 2014-07-10 09:26 | Report Abuse

no debt stock ,high cash flow....buy buy...

nightfly

345 posts

Posted by nightfly > 2014-07-10 14:04 | Report Abuse

Hello yungdai2, Pls really check ur maths. And pls call ur remiser to double check it before you post it. Cos u will kill someone here.....thanks

nightfly

345 posts

Posted by nightfly > 2014-07-10 14:22 | Report Abuse

Hello yungdai2, pls learn 1st before u post-
-Mother share - RM 0.625
- Warrant- RM 0.220
- Exercise price: RM0.55 (after 27/6/14 from 0.45)
- Conversion ratio: 1 warrant for 1 share
- Expiry date: 27/06/2017
- Gearing: 2.84 (0.625/0.220) The higher the gearing, the higher the leverage (higher potential gain/lost)
- Premium: 23.2% [(0.55+0.220- 0.625)/ 0.625] x 100. The lower the premium, the "cheaper" is the warrant

motomoto

670 posts

Posted by motomoto > 2014-07-10 14:28 | Report Abuse

agree with nightfly. imo premium still acceptable for durations of 3 years..

GorengAyam

146 posts

Posted by GorengAyam > 2014-07-10 21:33 | Report Abuse

Dyson fan is fantastic revenue generator.....funky, must have creative fans....got no blades.
The new factory if build and coming into operations....will start printing money next year. Keep and take dividends....

http://www.dyson.my/fans-and-heaters/cooling-fans.aspx?utm_source=display&utm_medium=The_Edge_Online&utm_content=banner_500x250&utm_campaign=NGF

keshminder

215 posts

Posted by keshminder > 2014-07-11 10:30 | Report Abuse

whats goin on?

motomoto

670 posts

Posted by motomoto > 2014-07-11 10:51 | Report Abuse

market is bad that's what's going on

851815

1,261 posts

Posted by 851815 > 2014-07-11 11:12 | Report Abuse

Take profit n buy back below .50cts.

keshminder

215 posts

Posted by keshminder > 2014-07-11 11:14 | Report Abuse

what makes you think its going to go back below 50

851815

1,261 posts

Posted by 851815 > 2014-07-11 12:42 | Report Abuse

20% pull back from .60cts. is not much. Just wait n see 1st. Market is not as good as u see.

GorengAyam

146 posts

Posted by GorengAyam > 2014-07-14 19:52 | Report Abuse

Come down after such a big run...normal. I will wait for RM1....

samsam92

189 posts

Posted by samsam92 > 2014-07-16 09:51 | Report Abuse

tis company d reach its value..no much space can raise..

johnny cash

6,400 posts

Posted by johnny cash > 2014-07-16 12:56 | Report Abuse

SKP RESOURCES (SKP MK)
On Track To Achieve Greater Heights
We took SKP on a roadshow in Singapore. SKP is confident of a 3-year net profit
CAGR of 23-30%, driven by capacity expansion. Order visibility is good and SKP
is benefitting from a global demand recovery for premium consumer electronics,
and MNCs' partial plant relocation to ASEAN from China. Despite a 59% price
rally since our initiation on 12 May 14, the shares still offer good long-term
returns as the company continues to improve on its electronic manufacturing
services capabilities. BUY on weakness and upgrade target price to RM0.65.
WHAT’S NEW
 Upgrade target price to RM0.65 (from RM0.55) as we lift our FY15-16 net profit
forecasts by 6-8% and fine-tune our valuation to 11x 2015F PE, from 10x 2015F PE.
Our upgrade reflects strong orders and earnings visibility (it is on track of completion
of its new plant by Sep14 to produce new products) and high cash pile of RM77m-
114m (8.6-9.8 sen/share) in FY15-17, even after taken into account RM41m to be
used in major capacity expansion.
 Expecting firm qoq earnings improvement in1QFY15. After SKP’s business
showed signs of recovery last quarter, SKP is expected to deliver a more promising
1QFY15 with an 13-18% qoq net profit growth, mainly aided by better orders from its
main customer, Dyson. Management also guided that the consumption recovery in
western countries and Japan have also led to improved orders from other
customers. To recap, SKP experienced a setback in 2QFY14 and 3QFY14 due to
softer demand from Dyson and unfavourable product-mix sales (higher proportion of
sales of low-margin products).
 To achieve greater height in 2H14, underpinned by new capacity. Construction
of its is on schedule to complete by Sep 14. Once its new capacity comes on stream
by 3QFY15. SKP will see a more significant growth as this capacity is planned
specifically for Dyson’s other products segment, which SKP is currently not involved
in. This major expansion will see SKP’s capacity ramp up by 75% over the next
three years, ie 25% additional capacity per year.

johnny cash

6,400 posts

Posted by johnny cash > 2014-07-16 12:57 |

Post removed.Why?

johnny cash

6,400 posts

Posted by johnny cash > 2014-07-16 12:58 | Report Abuse

SKP Resources (SKP MK) -
Technical Buy on weakness
Last price: RM0.595
Resistance: RM0.635, RM0.70
Support: RM0.54
BUY on weakness with a target price of RM0.70. Since our BUY
call on 12 May 14 at RM0.375, share price has hit a new high of
RM0.635 on 9 July, giving a return of 58.7% to-date. Although SKP
continued to climb along a steeper uptrend line, profit-taking in the
last three days may drag share price lower amid lack of buying
interest. Additionally, weakening buying momentum could pull the
stock towards the 50.0% Fibonacci retracement level in the near
term. Nevertheless, we remain optimistic over the long term as the
stock is still trading in an uptrend. We recommend investors
accumulate at the RM0.54-0.57 range. We expect share price to
recover once selling pressure normalises. Stop-loss can be placed
at RM0.53.

Sham Muzz

48 posts

Posted by Sham Muzz > 2014-07-17 11:39 | Report Abuse

buy or sell?????

motomoto

670 posts

Posted by motomoto > 2014-07-17 15:43 | Report Abuse

seller keep throwing... so many sellers drop from sky

motomoto

670 posts

Posted by motomoto > 2014-07-18 15:09 | Report Abuse

.635 really that hard to break?

Alvin Tan

59 posts

Posted by Alvin Tan > 2014-07-18 15:11 | Report Abuse

hold it for long bro

motomoto

670 posts

Posted by motomoto > 2014-07-18 15:23 | Report Abuse

needs to break strong strong resistance @ .635 this is the 3rd attempt

chieng

914 posts

Posted by chieng > 2014-07-18 19:44 | Report Abuse

Overbought aly..

Yunnan

405 posts

Posted by Yunnan > 2014-07-18 22:41 | Report Abuse

Lousy RHB analyst . In Feb it said TP 0.18 and when it saw share price up, it now revised TP to 0.75

malaysian

93 posts

Posted by malaysian > 2014-07-18 22:46 |

Post removed.Why?

Posted by iskandarjb > 2014-07-19 15:31 | Report Abuse

Anyone can emphasis on the announcements made by skpres and tecnic respectively on 18.4.2014, same person (Dato Gan) holding the majority sahre of the campany?

ckinvest

162 posts

Posted by ckinvest > 2014-07-20 10:07 | Report Abuse

Now many analyst sees the captive market SKPRes has for Dyson products...
Selling like hot cakes. Since OEM products, all that is manufactured....is considered sold.
When new plant comes into production by year end, revenue, PBT, reserves, EPS all balloon..
So TP0.75 - 0.77 not surprising...They way it goes RM1.00 can be a possibility as the new factory is adding huge additional revenue with guarantee margins...

ckinvest

162 posts

Posted by ckinvest > 2014-07-20 10:09 | Report Abuse

The blade-less fans are eye catching. The selling point is safety ...no worries about blades cutting accidentally...Not noisy, very silent ....good for sleep..Plant capacity gets filled up very fast....

Posted by Serene Tan > 2014-07-21 16:39 | Report Abuse

fly skp,fly...break RECORD today!!

motomoto

670 posts

Posted by motomoto > 2014-07-21 23:49 | Report Abuse

qwerty sure or not... just fyi la.. sellers always drop from the sky out of nowhere ... strong strong resistance @ .635

motomoto

670 posts

Posted by motomoto > 2014-07-22 16:58 | Report Abuse

Buy back only it break .635

Posted by Serene Tan > 2014-07-23 16:16 | Report Abuse

now the times to start the game

Posted by uchitech008 > 2014-07-24 17:06 | Report Abuse

ok, today manage to collect @ 0.20 400 lots. Today I am so busy with my Mulpha and forget to check this counter

Posted by uchitech008 > 2014-07-24 17:45 | Report Abuse

Actually, you can try to quee at preorder That time, 500 lots selling @ 0.20 and I queed 400 lots 0.205, so I cut quee 0.20 so matched 0.20 400 lots. but if that time someone queed another buy 101 lots made it total 501 lots @ 0.205, price would be matched 0.205. so, must play technically and luck loh.

azog

53 posts

Posted by azog > 2014-07-24 18:08 | Report Abuse

Two years ago a forumer shrekk keep calling and shouting to buy skpres in this forum when its price was hovering around 0.30+ but he was laughed at although he knew the hidden secret of this stock and never sold a single cent. At current price of 0.60+ that moment will just be a history when people still talking and hesitating to buy or not to buy while the early birds already laughing all the way to the bank. That's the mentality of buy high sell low. Good luck guys..

motomoto

670 posts

Posted by motomoto > 2014-07-24 18:12 | Report Abuse

buy high sell low ? or u mean buy low sell high...

Posted by uchitech008 > 2014-07-24 21:05 | Report Abuse

u r welcome, qwerty. if 0.195 2morrow, lets us communicate first if u want use this method. ha ha.

Posted by uchitech008 > 2014-07-25 10:48 | Report Abuse

0.195 liao, qwerty, u bought any?

Posted by uchitech008 > 2014-07-25 10:49 | Report Abuse

qwerty, my friend asks me to add more, what is your opinion?

Posted by uchitech008 > 2014-07-25 10:57 | Report Abuse

o.19.... I think my mulpha is better bet

Posted by uchitech008 > 2014-07-25 10:58 | Report Abuse

0.185......

Posted by uchitech008 > 2014-07-25 11:02 | Report Abuse

0.18. why u and my friend keep saying skpre is a good bet. Actually, I don't want to buy, but he keeps asking me to buy some.

Posted by wahahahaopps > 2014-07-25 11:07 | Report Abuse

wakakak really laugh die me, u bought @ 20.5 right qwerty now want to cover up say lower lower. Thank you for making my day.

Posted by uchitech008 > 2014-07-25 11:07 | Report Abuse

ok lah, matched 300 lots 0.18 make it total 700 lots now. since my best friend keeps asking me to buy.

nightfly

345 posts

Posted by nightfly > 2014-07-25 11:17 | Report Abuse

Hello Skpwa price still too high to buy in now....too premium-

-Mother share - RM 0.600
- Warrant- RM 0.185
- Exercise price: RM0.55 (after 27/6/14 from 0.45)
- Conversion ratio: 1 warrant for 1 share
- Expiry date: 27/06/2017
- Gearing:3.24 (0.600/0.185) The higher the gearing, the higher the leverage (higher potential gain/lost)
- Premium: 22.5% [(0.55+0.185- 0.600)/ 0.600x 100. The lower the premium, the "cheaper" is the warrant

nightfly

345 posts

Posted by nightfly > 2014-07-25 11:19 | Report Abuse

Its should be worth around 0.12 t 0.15....so be careful...

Posted by uchitech008 > 2014-07-25 11:42 | Report Abuse

so u r based on chart, right? actually my best friend working in skpre Batu Pahat and the time he bought at 0.08 that time. he has kept asking me to buy but I don't believe on it. Now, he urge me to buy as many as I can, I am still hesitate to take more. But anyway, 700 lots with me now currently.

Posted by uchitech008 > 2014-07-25 11:47 | Report Abuse

wah like this, at least 600 lots liao. @ 11:42 am

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