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
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Yep. Operator might drive it further down if he can't accumulate at this level
2 weeks ago
@Lukesharewalker
Goodlord, how much you invested in SKP? Looks like you are panicking.
2 weeks ago
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
Artificial Road blocks. How many weakholders are there at this level? Can they accumulate enough?
2 weeks ago
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
Wait till the tide change first. Another week before the US debt ceiling limit issue.
2 weeks ago
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
no need to worry..the company fundamental is there..collect all the way to 0.8 if any
2 weeks ago
All over value tech stocks will be dumped kaw kaw by bankers , this stock nothing special worth 6x sens only !
2 weeks ago
Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$â¬Â£Â¥
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
Dyson global achieve 7.3 bil revenue 2022....how bad can 2023 be? 50% drop?.....
2 days ago
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
Alex Leow Sze Shen
i will fish it at 0.70
3 weeks ago