SKP RESOURCES BHD

KLSE (MYR): SKPRES (7155)

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Last Price

1.00

Today's Change

+0.02 (2.04%)

Day's Change

0.99 - 1.07

Trading Volume

5,587,200

Corporate Figure or Shareholder
Discussions
26 people like this. Showing 50 of 9,814 comments

Alex Leow Sze Shen

i will fish it at 0.70

3 weeks ago

Lukesharewalker

Definitely oversold for now

3 weeks ago

Huat 888

keep collect..waiting at 0,98

2 weeks ago

Lukesharewalker

Yep. Operator might drive it further down if he can't accumulate at this level

2 weeks ago

Lukesharewalker

Not many selling unless operator selling own stock. Waiting

2 weeks ago

Lukesharewalker

Coming..panic sales

2 weeks ago

Lukesharewalker

Support at 1.04 and 0.98
..
Deeply oversold

2 weeks ago

Lukesharewalker

Potentially pe 10 unless sales crashes big time.

2 weeks ago

Lukesharewalker

Dyson products is not for the poor and is inelastic

2 weeks ago

BursaVulture

@Lukesharewalker

Goodlord, how much you invested in SKP? Looks like you are panicking.

2 weeks ago

investopology

He like to talk to himself. Haha

2 weeks ago

Lukesharewalker

Don't panic. Ready to buy in at 98 cents

2 weeks ago

investopology

lol you are the one who panic…..

2 weeks ago

BursaVulture

Fortune favors the bold, this is either the bottom, or you are in for a ride of your lifetime.
https://ibb.co/YDbJZwf

technical chart

2 weeks ago

Lukesharewalker

Artificial Road blocks. How many weakholders are there at this level? Can they accumulate enough?

2 weeks ago

BursaVulture

you know... nothing you say here is going to move the stock price, market is too big for you to influence it. you are panicking. chill bro.

2 weeks ago

juon

Wait till the tide change first. Another week before the US debt ceiling limit issue.

2 weeks ago

juon

Historically, the event like this will be leverage by the sellers to the max.

2 weeks ago

juon

1.7 dropped until 1.0, already 41.2% vanished into smoke

2 weeks ago

Lukesharewalker

Woohoo too cheap to ignore. Bought 97

2 weeks ago

juon

It will become cheaper....appear like got force selling effect come into play.

2 weeks ago

juon

It has something to do with the Malaysia Export - Economists have revised down Malaysia's full-year export forecasts after the steeper-than-expected export contraction in April. RIP those who bought @ 0.97, amen.

2 weeks ago

juon

All the export oriented counters will be implicated.

2 weeks ago

investopology

Are you crazy now already 97c.

2 weeks ago

Lukesharewalker

Overkill. Stroking panic.
Insider says its not that bad

2 weeks ago

Huat 888

no need to worry..the company fundamental is there..collect all the way to 0.8 if any

2 weeks ago

NatsukoMishima

All over value tech stocks will be dumped kaw kaw by bankers , this stock nothing special worth 6x sens only !

2 weeks ago

StartOfTheBull

Downtrend mood.

2 weeks ago

Lukesharewalker

Why operator don't sell some more? Rebound

2 weeks ago

Lukesharewalker

Woohoo...now buying mode

2 weeks ago

Lukesharewalker

Roadblocks again. Lol

2 weeks ago

NatsukoMishima

6x sens stock , just banker pump n dump during 2021 tech frenzy !

2 weeks ago

value_seeker

Dnext going 30+

2 weeks ago

Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥

The decrease in general profitability measures such as gross profit margin of 8% and profit before tax margin of 4% for the current quarter ended 31 March 2023 as compared to previous year corresponding quarter (gross profit margin and net profit
margin of 14% and 11% respectively) is incurred primarily to rising production costs which attributable to significant overhead costs incurred, particularly in regards of manpower costs, in view of lower manufacturer utilisation and softer order book. The
current headcount for direct labour of the Group is in line with the initial order book and robust forecast from major customer.

For the current quarter ended 31 March 2023, the Group recorded a revenue of RM500 million, a decrease of 14% or RM80 million as compared to the previous year corresponding quarter. Profit before tax decreased by 68% or RM45 million to RM22
million over the same period.

The Group will continue its concerted effort which focuses on managing manpower, supply chain management and cost optimisation at existing manufacturing bases of the Group.


Commentary on prospects
In view of challenging macroeconomic outlook, the Group will remain vigilant with future order book received from customers and continues to apply its concerted effort which primarily focuses on manpower and supply chain management in addition to
other cost optimisation measures.

As of the date of this report, the Group is in the midst of obtaining certificate of completion and compliance in regards of the new factory building constructed on newly acquired land at Negeri Johor having land size of approximately 6.4 acres.

We will continue to expand our Printed Circuit Board Assembly ("PCBA"), injection moulding and engineering capabilities to take advantage of a widened product assortment.

Meanwhile, the Group is mindful of significant credit concentration risk that may arise from major customer and continuously seek to diversify its customer base. All in all, against the aforementioned headwinds, the Board is positive that the Group will
sustain its resilience by maintaining robust financial position at all time.

1 week ago

Abrahmi

Sa at good counter

1 week ago

fortunefire

goreng time

4 days ago

Lukesharewalker

Good. Another round comes....

3 days ago

Lukesharewalker

Buy when plunge. Dividends coming in July

3 days ago

Lukesharewalker

Operator selling own shares...roadblocks set up
Let it plunge

3 days ago

Lukesharewalker

Same modus operandi

3 days ago

Lukesharewalker

Short sellers at play..

2 days ago

Lukesharewalker

Dyson global achieve 7.3 bil revenue 2022....how bad can 2023 be? 50% drop?.....

2 days ago

Lukesharewalker

On May 22, Dyson announced a new suite of home products(opens in a new tab) including upgraded cordless vacuums, air purifiers, and a robot vacuum. As of June 6, the Gen5 vacs(opens in a new tab) are the first models up for public purchase. Dyson is entering a new era in 2023.

2 days ago

chai2145

Wow buy skpress

1 day ago

Lukesharewalker

All the way now....

1 day ago

Lukesharewalker

Shorties have to buy back now

1 day ago

fortunefire

up!

1 day ago

Lukesharewalker

Heavy volume. Announcement soon?

1 day ago

nicholas99

sell kuku?

1 day ago

Raiz368

Next week will breakout 1.26

20 hours ago

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