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

SimonSezs

886 posts

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

Tmw Saturday bro...

Posted by Matthew Law Thong Sheng > 2014-10-03 10:39 | Report Abuse

tmr saturday..how to fly =C

kptMx

579 posts

Posted by kptMx > 2014-10-03 10:40 | Report Abuse

Aha ha ha ha @ jjen

nooniez

730 posts

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

fly me to the moon

SimonSezs

886 posts

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

Monday also cannot fly....

Atlas

346 posts

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

so tue fly lor :)

Atlas

346 posts

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

still clearing contra players

Posted by uchitech008 > 2014-10-03 10:47 | Report Abuse

Actually, if u look back VS past history, after merging with its VS international, not only revenue increasing but also profit. After merging, it creates economic of scale and also production efficiency. What I like most is now single big customer risk is diversified and portion from other will increase. Once u invest, we cannot be so aggressive depend on 1 single customer. I remember when I invest in VS, good news are all from VS was getting more and more contracts from dyson and profit increased more and more. However, with recent swift to SKPres, VS shares price decrease but rebound strongly now after merging with VS international.

dragonlim

412 posts

Posted by dragonlim > 2014-10-03 10:54 | Report Abuse

Today should be SKPRES & SKPRES-WA day, right?

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

top vol today...collect and collect hehe

aa111111

583 posts

Posted by aa111111 > 2014-10-03 11:13 | Report Abuse

Buy and keep under pillow

Alvin Tan

59 posts

Posted by Alvin Tan > 2014-10-03 11:19 | Report Abuse

Lol... Tecnic price being pressed until RM5.00. All according to plan.

Atlas

346 posts

Posted by Atlas > 2014-10-03 11:38 | Report Abuse

it's rm5/share, who wants to buy beyond that price?

gnail

343 posts

Posted by gnail > 2014-10-03 11:53 | Report Abuse

now tecnic RM5.07 ler...

spyking

534 posts

Posted by spyking > 2014-10-03 12:03 | Report Abuse

Why u guys love this share? Because of take over? Invest for fun? Don't you think too lat3?

mcat

10 posts

Posted by mcat > 2014-10-03 12:09 | Report Abuse

the deal is pay in 50% by cash and 50% by SKP share(at 0.58), now SKP shares at 0.67, so Tecnic should go up 0.39 to 5.39 too? (2.5/0.58)*(0.67-0.58) =0.39

Atlas

346 posts

Posted by Atlas > 2014-10-03 12:16 | Report Abuse

mcat, problem is tecnic's shareholders haven't had skp shares in hand yet. it's stupid when they trade beyond rm5/share. anything more than that must well straightaway buy skp shares directly?

mcat

10 posts

Posted by mcat > 2014-10-03 12:21 | Report Abuse

Atlas, you are right, also what will Tecnic do with the cash 100M?

mcat

10 posts

Posted by mcat > 2014-10-03 12:40 | Report Abuse

Tecnic will return 95M to its shareholders, and the share par value be reduced to RM0.10 !

Teik Ghee

52 posts

Posted by Teik Ghee > 2014-10-03 12:45 | Report Abuse

means this will keep dropping ??

Atlas

346 posts

Posted by Atlas > 2014-10-03 14:36 | Report Abuse

the plane is going to take off very very soon

nooniez

730 posts

Posted by nooniez > 2014-10-03 14:40 | Report Abuse

yes..it will fly anytime soon. mother taking off now.

nooniez

730 posts

Posted by nooniez > 2014-10-03 14:44 | Report Abuse

mother see green edi. warrant to follow suit soon.

SimonSezs

886 posts

Posted by SimonSezs > 2014-10-03 14:45 | Report Abuse

I'm loving this !!! heheheheeh syiok nyer

SimonSezs

886 posts

Posted by SimonSezs > 2014-10-03 15:42 | Report Abuse

TECNIC flying but SKPREs.............. ????

nooniez

730 posts

Posted by nooniez > 2014-10-03 15:53 | Report Abuse

good game dude

spyking

534 posts

Posted by spyking > 2014-10-03 15:55 | Report Abuse

Continue buy. Salary out load more. See how you guys cry later.

Atlas

346 posts

Posted by Atlas > 2014-10-03 16:03 | Report Abuse

haha.. operator choose not to fly it today. still collecting. can go back to sleep now

SimonSezs

886 posts

Posted by SimonSezs > 2014-10-03 16:06 | Report Abuse

Clearing T4 contra players....

SimonSezs

886 posts

Posted by SimonSezs > 2014-10-03 16:06 | Report Abuse

Good to clear them off..... cleanse the blood... hehe

8524sa

41 posts

Posted by 8524sa > 2014-10-03 16:51 | Report Abuse

Tecnic keep flying up 0.1...SKPRES down down down.... aiyo....

dragonlim

412 posts

Posted by dragonlim > 2014-10-03 17:02 | Report Abuse

What is the implication? The price won't fly?

SimonSezs

886 posts

Posted by SimonSezs > 2014-10-03 17:12 | Report Abuse

weekend + Monday is a public holiday... people wont wanna keep their shares over the long weekend.. so profit taking took place...

Posted by maunkulopdollah > 2014-10-03 17:44 | Report Abuse

Considered a good support in order to kick out a lump sum 4 in 1 day kaki kontra..next week could be a real show.

Posted by Surelaughdie > 2014-10-03 17:56 | Report Abuse

luckily dump all skpres-w 50% at 25c and 50% at 23c. suspended so many days sure slaughter u. whatever the news.

aa111111

583 posts

Posted by aa111111 > 2014-10-03 20:23 | Report Abuse

Hold.wait till Tuesday.upward trend for sure

FX Lee

5,194 posts

Posted by FX Lee > 2014-10-03 21:11 | Report Abuse

Investment case. Following the earnings upgrade from the proposed acquisition, we raise our TP to MYR0.85 (from MYR0.75), pegged to aFY16 P/E of 11x. The stock is currently trading at an undemanding FY16P/E of 7.6x. With a minimum payout policy of 50%, it also offers attractive forecast dividend yield of 6.1% for FY16.

http://klse.i3investor.com/blogs/rhb/61023.jspa

Posted by Surelaughdie > 2014-10-03 21:13 | Report Abuse

longterm good shortterm no good. many trap. wait the datuk slowly slaughter one after another after another after another.

then only we attack again.

SimonSezs

886 posts

Posted by SimonSezs > 2014-10-03 21:15 | Report Abuse

Cash player no need worry wan lo....

FX Lee

5,194 posts

Posted by FX Lee > 2014-10-03 21:17 | Report Abuse

operator are collecting skpress-wa at 22-24c....... if u want dump u can go ahead

SimonSezs

886 posts

Posted by SimonSezs > 2014-10-03 21:27 | Report Abuse

FX Lee... glad to see you here. Did you buy any of SKPRESS ?

FX Lee

5,194 posts

Posted by FX Lee > 2014-10-03 21:54 | Report Abuse

" Posted by SimonSezs > Oct 3, 2014 09:27 PM | Report Abuse

FX Lee... glad to see you here. Did you buy any of SKPRESS ?"

nope, i just monitoring this counter only,
i seen it had been consolidating too long before recent rally

Posted by jennie98 > 2014-10-03 23:14 | Report Abuse

drop badly

bobolee

6 posts

Posted by bobolee > 2014-10-04 00:23 | Report Abuse

good article about this counter

http://tinyurl.com/m7na8um

http://tinyurl.com/m74h7o9

FX Lee

5,194 posts

Posted by FX Lee > 2014-10-04 09:08 | Report Abuse

Anyone know when is EGM

kptMx

579 posts

Posted by kptMx > 2014-10-04 09:41 | Report Abuse

This is for your reading; it is not intended to persuade that there is a correction underway. It is as the article says, "......just in case this is the start of a bigger correction."
http://finance.yahoo.com/tumblr/blog-how-to-protect-your-portfolio-just-in-case-this-is-the-233219760.html

Alvin Tan

59 posts

Posted by Alvin Tan > 2014-10-04 10:19 | Report Abuse

kptMx - I do agree there may be the possibility of "BIG CORRECTION" ahead. However, I believe the bottom line should not lower than 0.58 (the acquisition offering price).

So, there shouldn't be huge impact for investors who holding with the cost below 0.58. My current position is to HOLD the balance stocks with radar mode on, since I had already partially profit taking before the suspension. In case the "BIG CORRECTION" appear, there may be another chance for investor to accumulate.

P/S: Strictly my personal view. Please feel free to comment.

kptMx

579 posts

Posted by kptMx > 2014-10-04 11:12 | Report Abuse

This stock broke out of a triangle. This means that the uptrend should continue. However, timing this uptrend is important in order that there is a healthy entry.
There are some strategies to adopt in the purchase of this stock. The corporate ex is expected to go into 2H15 for completion. So, stock vs time frame is a strategy. By the way, the breakout usually is accompanied by a throwback. The %age throwback is anybody's guess - but 63.5 or a little under should be the support.

kptMx

579 posts

Posted by kptMx > 2014-10-04 11:23 | Report Abuse

The .58 cts is safe like crazy. Imagine, Tecnic 5.50 and Skpr .55 cts. How to succeed in the corporate ex? With Tecnic at say 5.50, Dato Gan would be having a headache, right?

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