SKP RESOURCES BHD

KLSE (MYR): SKPRES (7155)

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Last Price

1.22

Today's Change

-0.04 (3.17%)

Day's Change

1.16 - 1.27

Trading Volume

5,584,700

Overview

Market Cap

1,907 Million

NOSH

1,563 Million

Avg Volume (4 weeks)

1,021,160

4 Weeks Range

1.16 - 1.40

4 Weeks Price Volatility (%)

25.00%

52 Weeks Range

1.16 - 1.83

52 Weeks Price Volatility (%)

8.96%

Previous Close

1.22

Open

1.27

Bid

1.22 x 66,800

Ask

1.23 x 11,000

Day's Range

1.16 - 1.27

Trading Volume

5,584,700

Financial Highlight

Latest Quarter | Ann. Date

31-Dec-2022 [#3] | 24-Feb-2023

Next QR | Est. Ann. Date

31-Mar-2023 | 27-May-2023

T4Q P/E | EY

10.86 | 9.21%

T4Q DY | Payout %

0.00% | 0.00%

T4Q NAPS | P/NAPS

0.55 | 2.22

T4Q NP Margin | ROE

6.73% | 20.43%

Company Profile

Sector: INDUSTRIAL PRODUCTS & SERVICES

Sector: INDUSTRIAL PRODUCTS & SERVICES

Subsector: INDUSTRIAL MATERIALS, COMPONENTS & EQUIPMENT

Subsector: INDUSTRIAL MATERIALS, COMPONENTS & EQUIPMENT

Description:

SKP Resources Berhad is principally involved in manufacturing plastic products and molds, which are predominantly carried out in Malaysia. The company manages its business through its subsidiaries and is engaged in the manufacturing of plastic products such as computer accessories, video accessories, audio accessories and miscellaneous accessories. The company also engages in letting of property and property holding.

Discussions
26 people like this. Showing 50 of 9,760 comments

imvu

-wb 0.125 boleh murah lagi ke ?

2022-03-07 10:52

Fabien _the efficient capital allocator

Picked up some at discount sales 1.29

2022-03-07 14:27

LongTermInvestor8

2021
- End of 2021, starts mass production of new air purifier.

2022
- Mar 2022, SKP expects to start mass production of Dyson new beauty care product.
- Mar 2022, labour policy with most of the shortcomings targeted to be resolved by March
- June 2022, Dyson ends contract with ATAIMS.
- End of 2022, completion of construction of a new 4-storey c.750k sq ft plant (vs. previously planned 3-storey 600k sq ft) on a 6.4-acre land in Johor Bahru which will increase its total floor space by c.75%.

2023
- SKP is scheduled to commence two new production lines by end 2022 and early 2023
- Potential onboarding of a new customer for SKP

Note
- Approximately 75% of SKP?s revenue derives from customer X. Its next biggest customer is Sony, followed by Panasonic, Sharp, Pioneer, Flextronics and Fujitsu
- Hike in raw material, freight and FX costs will not compress margins, given the cost pass through mechanism in place.
- SKP ships most of its manufactured output to China

2022-03-07 19:42

All_in_2021

Appointed auditor that is agreed by Andy Hall. At least provide some confidence to shareholders and stability to the share price

2022-03-17 18:05

jerebubu

If SKP is complying to the law, why the need to entertain Andy Hall at the first place.

2022-03-18 09:54

All_in_2021

probably some portion of non compliance. We always hear of foreign workers accommodation condition

2022-03-18 11:16

Blackpepper2020

single customer risk beware

2022-03-18 18:21

DannyArcher

@Blackpepper2020

If SKP pass the audit, single customer will become multiple big customer. Many multi-nation looking at diversifying away from China. Do you know the new Mac Studio is made in Malaysia? With China currency gaining strength, one day it will be affordable to make mid to high end goods in Malaysia... sadly.

2022-03-18 21:40

All_in_2021

i saw in news that skpres already reach their max production capacity and now is still waiting for expansion. So can i say that the next few years we do not expect increase in revenue until the expansion is complete and start production?

2022-03-26 08:52

MiaoMiao7

end of the year new factory will start running. this means by the end of the year they will sign up new contract, when? nobody knows. you can buy after they sign up or buy now and just wait for the good news.

2022-03-28 01:01

faridfet

The Electronic Manufacturing Services (EMS) sector is anticipating a healthy flow of contracts on the back of a pickup in consumer demand.

Hence, the reopening borders recently really benefit these EMS players. As when multinational firms can come in more easily, this will help in terms of contract flows which company can
securing new customers.

Another thing, because of labour issues faced by ATA IMS, it benefited its peer in the industry as Dyson contracts will flow to SKP.

I am confident as the company have strong foothold in the plastic injection moulding, tool and die fabrication and the important point is strong contract manufacturing and component assembly.

Piak piak piak is the only word i can say.

2022-04-29 00:19

Jack888

加息让股市转为熊市……对吗?

2022-05-12 14:59

investortrader88

My average price this counter RM1.76 free warrants after bonus issue.will continue to hold.good luck guys

2022-05-28 06:28

LongTermInvestor8

- June 2022, On the other hand, we gather that the labour audit is completed – SKP expects positive results when the report of the findings is released in 1-2 weeks. via RHB Research (30 may 2022)
- July 2022, two new production lines starts production with new intake of foreign workers.
- Dec 2022, completion of construction of a new 4-storey c.750k sq ft plant (vs. previously planned 3-storey 600k sq ft) on a 6.4-acre land in Johor Bahru which will increase its total floor space by c.75%. This new facitilies boost a 60% additional capacity.

2022-05-30 16:21

amateurJR

good company and indeed is undervalued. major risk is andy hall might spoil the party

2022-05-30 17:25

InsiderShark

Andy Hall approve. this means Dyson can now official announce new contract for SKP. And since SKP is the first and one and only EMS approved by Andy Dewan, expect more contracts coming their way.

2022-06-02 19:45

fairyz

Solid FA company, just need to clear this ESG hell

Hope it continue to prosper

2022-06-16 11:08

hng33

bought skpr at 1.45

2022-07-07 15:07

hng33

locked profit first at 1.50

2022-07-08 15:44

Alex Leow Sze Shen

Hopefully can go based on the current chart!

2022-07-29 21:25

samuraijo

Looks like this counter is slowly coming back

2022-08-02 15:09

Alex Leow Sze Shen

Lao Sai today a bit!

2022-08-02 22:24

Alex Leow Sze Shen

But its good to see EPF start collecting again!

2022-08-02 22:52

Alex Leow Sze Shen

EPF keep collecting, good sign!

2022-08-04 22:58

Fabien _the efficient capital allocator

Maximisation of operational efficiency bear fruits.

Snapshot of FY2022 financial results
- Revenue 2.32bil (up 3.12%)
- Net profit - 173.4mil (up 30.14% against 133.24mil in 2021)
- GP margin 13.99%
- NP margin 7.47%
- Operating CF - 50.98mil (about 29% of net income)
- Capex 94.4mil invested in 650,000 sq ft facility in JB

2022-08-13 20:40

Lukesharewalker

Break out

2022-08-17 15:00

Lukesharewalker

Buy rate above 90%

2022-08-17 15:03

Alex Leow Sze Shen

rise above 1.65 is breakut!

2022-08-17 16:02

Alex Leow Sze Shen

Break 1.70! Now will test above 1.72!

2022-08-17 16:05

Alex Leow Sze Shen

now is 1.75! Wow, if breaks will test 1.80 level!

2022-08-17 16:36

Lukesharewalker

This time should reach 1.80 and above

2022-08-25 10:12

Alex Leow Sze Shen

waiting for qtr report out end of this month.

2022-08-25 23:08

Lukesharewalker

No good. Q to Q dropped

2022-08-29 17:57

BursaVulture

4 quarters of up already, you expect it to go up again? how old are you?

2022-08-29 18:20

Lukesharewalker

No wonder epf kept selling

2022-08-29 19:17

Alex Leow Sze Shen

1.77 today! 1.80 soon!

2022-09-12 20:24

Benhobenho

Chairman passed away?

2022-09-21 16:24

Alex Leow Sze Shen

yes chairman passed away, that does not affect its performance

2022-10-17 19:03

Amazonboy

Nice divvy paid..keep it up skp

2022-10-28 13:33

nightfly

Quarterly result is coming. And the stock start pumping up . Watch out

2022-11-02 13:07

nightfly

The last quarter result - stock have been up 20-30%.

2022-11-02 13:09

BursaVulture

The reduction in profit before tax for current quarter despite higher revenue for the current quarter ended 31 December 2022 was mainly due to new models having higher material contents and higher start-up cost incurred in relation to the new assembly lines that commenced to be in operations during the current quarter.

The construction of the new factory building on a newly acquired land at Negeri Johor having land size of approximately 6.4 acres has commenced from January 2022 onwards and is expected to be completed by first quarter of calendar year 2023.

1 month ago

i3lurker

Summary:
STRONG SELL

Moving Averages: SELL Buy (3)Sell (9)
Technical Indicators: STRONG SELL Buy (1)Sell (7)

RSI(14) 38.528 Sell
STOCH(9,6) 44.633 Sell
STOCHRSI(14) 71.035 Buy
MACD(12,26) -0.030 Sell
ADX(14) 45.750 Neutral
Williams %R -60.000 Sell
CCI(14) -35.2985 Neutral
ATR(14) 0.0264 High Volatility
Highs/Lows(14) -0.0043 Sell
Ultimate Oscillator 49.945 Neutral
ROC -3.268 Sell
Bull/Bear Power(13) -0.0080 Sell
Buy: 1 Sell: 7 Neutral: 3
Summary: STRONG SELL

1 month ago

goldenluck16

Short sellers are pushing the price southward. Run.

4 weeks ago

NatsukoMishima

Dividen payout not solid cant sustain , over price , aroud 60 - 80 sens only consider !

8 hours ago

Lukesharewalker

Time to collect. Epf will support

8 hours ago

NatsukoMishima

Malaysia EMS only gtronics consider good long term stock.

1 hour ago

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