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.

10,790 comment(s). Last comment by Kucing Comey 5 hours ago

Posted by Genius8138 > 2014-10-03 00:57 | Report Abuse

no announcement of trading resume on tmr?

Alvin Tan

59 posts

Posted by Alvin Tan > 2014-10-03 07:31 | Report Abuse

Dato Gan, jaga jaga us ah :)

Posted by uchitech008 > 2014-10-03 08:33 | Report Abuse

How come still no trading?

clp72

817 posts

Posted by clp72 > 2014-10-03 08:47 | Report Abuse

hmm... paid rm 100 mill and rest issued shares @58 cents...

dragonlim

412 posts

Posted by dragonlim > 2014-10-03 08:49 | Report Abuse

Probably not resume trading by today as no trading queue observed .....?

Posted by Matthew Law Thong Sheng > 2014-10-03 08:56 | Report Abuse

Dato gan wan contra player semua mati ..hahaha

clp72

817 posts

Posted by clp72 > 2014-10-03 09:11 | Report Abuse

those who chased high will be cursing now...

Posted by Matthew Law Thong Sheng > 2014-10-03 09:12 | Report Abuse

Those contras will crying how to korek duit...

8524sa

41 posts

Posted by 8524sa > 2014-10-03 09:16 | Report Abuse

today no trading??

tpchuayap

855 posts

Posted by tpchuayap > 2014-10-03 09:28 | Report Abuse

any comment on the announcement made ? Good for investors ?

NKBlog

104 posts

Posted by NKBlog > 2014-10-03 09:41 | Report Abuse

Will resume trading at 10am......

ryan7642

1,998 posts

Posted by ryan7642 > 2014-10-03 09:42 | Report Abuse

kinda impress got ball go for 'small eat big' wat an aggressive move:)

tpchuayap

855 posts

Posted by tpchuayap > 2014-10-03 09:43 | Report Abuse

Good Luck to all

Atlas

346 posts

Posted by Atlas > 2014-10-03 09:44 | Report Abuse

rhb said fair value 0.85

tpchuayap

855 posts

Posted by tpchuayap > 2014-10-03 09:47 | Report Abuse

Thanks for sharing, Alvin. Huat arrrrrrrrrr

NKBlog

104 posts

Posted by NKBlog > 2014-10-03 09:49 | Report Abuse

TA tp is 1.10......good luck guys

Alvin Tan

59 posts

Posted by Alvin Tan > 2014-10-03 09:49 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1755773

Will resume trading soon. My personal view is the merger will bring positive impact to the company and share holder:

1. SKP has stable order in hand by Dyson who contribute 50% of total ordering
2. After merger, SKP will able to reduce the production cost and fully control on the productions including Bangi plant.
3. SKP will shows a better profit on 15FYQ4
4. Company policy @ 50% dividend
5. Increasing of SKP NTA & EPS

Current action : Hold/Accumulate @<0.62

P/S: Target Price RM1.10. Holding power required. Strictly from my personal view only. Do free to comment.

kptMx

579 posts

Posted by kptMx > 2014-10-03 09:51 | Report Abuse

RHB today's research - preamble
SKP, which was suspended on Monday, has proposed to acquire three of Tecnic’s operating companies for MYR200m. Maintain BUY. Following the earnings upgrade from the proposed acquisition, we raise our TP to MYR0.85 (from MYR0.75), pegged to a FY16 P/E of 11x, a 21% upside. We are positive on the acquisition as it enables SKP to consolidate its position as a leading plastic component manufacturer.

nooniez

730 posts

Posted by nooniez > 2014-10-03 10:02 | Report Abuse

lari kuat kuat oh

Posted by Matthew Law Thong Sheng > 2014-10-03 10:03 | Report Abuse

warrant open price 0.29...strong

tpchuayap

855 posts

Posted by tpchuayap > 2014-10-03 10:03 | Report Abuse

open...need more power to push....

Posted by Matthew Law Thong Sheng > 2014-10-03 10:07 | Report Abuse

today closing warrant 0.29 liao la huat a

Alvin Tan

59 posts

Posted by Alvin Tan > 2014-10-03 10:09 | Report Abuse

lot of buying, but more on profit taking...

AbbyLOO

222 posts

Posted by AbbyLOO > 2014-10-03 10:13 | Report Abuse

wa dropped back to 0.23/024

dragonlim

412 posts

Posted by dragonlim > 2014-10-03 10:15 | Report Abuse

Price is not stable, it ranges from 0.65 to 0.75 ......

NKBlog

104 posts

Posted by NKBlog > 2014-10-03 10:18 | Report Abuse

Hmmmm....what a disappoinment

Posted by maunkulopdollah > 2014-10-03 10:19 | Report Abuse

Forced selling..let see after 11 am.

Atlas

346 posts

Posted by Atlas > 2014-10-03 10:21 | Report Abuse

time to fly

jjen

144 posts

Posted by jjen > 2014-10-03 10:22 | Report Abuse

wipe out the contra kaki.... should fly after that......

NKBlog

104 posts

Posted by NKBlog > 2014-10-03 10:22 | Report Abuse

Fly up or fly down?

Alpha Trader

1,983 posts

Posted by Alpha Trader > 2014-10-03 10:22 | Report Abuse

Suddenly alot of T4 seller, should queue to buy

Atlas

346 posts

Posted by Atlas > 2014-10-03 10:24 | Report Abuse

last call to buy before it flies to heaven

Posted by uchitech008 > 2014-10-03 10:25 | Report Abuse

1 cup of tea with some korea seaweed and watch show, very excited

Posted by uchitech008 > 2014-10-03 10:26 | Report Abuse

opportunity to add more, queeing 0.23 500 lots

Posted by Matthew Law Thong Sheng > 2014-10-03 10:26 | Report Abuse

just que and buy haha...discount discount

shlyw

719 posts

Posted by shlyw > 2014-10-03 10:28 | Report Abuse

Right(SKPRES)should be good news

Posted by uchitech008 > 2014-10-03 10:29 | Report Abuse

it's opportunity to add more since most of the institutional big player are raising target price. price will be higher and higher after force selling today. recommend buy call.

Atlas

346 posts

Posted by Atlas > 2014-10-03 10:30 | Report Abuse

it's good news cos rhb said maintain buy fair value 0.85

yewmeng99

14 posts

Posted by yewmeng99 > 2014-10-03 10:30 | Report Abuse

when is the expire date for warrant?

Posted by uchitech008 > 2014-10-03 10:30 | Report Abuse

sell vs and queeing skpres wa 0.23 500 make it queeing 1000 lots

SimonSezs

886 posts

Posted by SimonSezs > 2014-10-03 10:32 | Report Abuse

@ywemeng99 : 27 Jun 2017

nooniez

730 posts

Posted by nooniez > 2014-10-03 10:32 | Report Abuse

queuing @0.23...pls sell to me...

yewmeng99

14 posts

Posted by yewmeng99 > 2014-10-03 10:33 | Report Abuse

thanks bro!

SimonSezs

886 posts

Posted by SimonSezs > 2014-10-03 10:33 | Report Abuse

welcome :)

jjen

144 posts

Posted by jjen > 2014-10-03 10:35 | Report Abuse

..file:///C:/Users/Jenny/Downloads/SKP%20Resources%20Berhad_Match%20Made%20in%20Heaven_141003.pdf.. TP: RM 1.10...BUY..BUY...b4 too late

SimonSezs

886 posts

Posted by SimonSezs > 2014-10-03 10:35 | Report Abuse

lol folder path also come out ah Jenny ?? hahah

Atlas

346 posts

Posted by Atlas > 2014-10-03 10:37 | Report Abuse

maybe today will b stabilised ard opening price, wait till all contra players r cleared before tmrw fly

Posted by maunkulopdollah > 2014-10-03 10:38 | Report Abuse

Time to take off..tight your fasten belt..haha

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