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2012-12-26 20:36 | Report Abuse
Dear rlch, Dato Gan's personal direct stake in skpres of 11.8% remain unchanged since last Aug. The disposal was thru his holdings in Renown Million Sdn Bhd from 32.87% in Aug to 28.74% as at 20 Dec. Hence, major shareholders' stake is still substantial at 68%. There were no disposals from two other major shareholders Beyond Imagination and Gracefull Assesment which obviously also Dato' Gan's vehicles. I foresee this as a mere profit taking by the owner.
As for rating from Dynaquest, I treat it as a guideline as it is really beneficial. If not I search it thru its rating from SPG in 2009 when its price was 10 cts and its rating was 6.5 (really high for a 10cts stock) for sure I wouldn't be able to discover it. As at now, I'm still searching for potential tenbagger thru this method by scanning and identifying penny stock less than 50 cts which have rating in Dynaquest 6 star and above.
reyes 430, there's other exciting counters in plastic industry such as daibochi, slp and tomypak but they are primarily in different segment i.e plastic packaging. In bursa, I see skpres as solely listed counter which involved in supplying high end plastic components products for electrical manufacturers.
My insights on skpres may seem bias as I am holding substantial percentage of this stock in my portfolio and I potentially have my own personal interest. Hence, inputs from other forumers are valuable for check and balance.
2012-12-26 13:37 | Report Abuse
Dear tktan45, I have no idea on sustainability and prospect of client base for Skpres except it is one of four major suppliers for Dyson while its subsidiaries are also suppliers for other electronic appliances giants such as Pioneer and Sharp which this is evident of its reputation among the reputable plastic manufacturers.
What really impressive about Skpres which classifies it as an investment grade stock are its increased net profits years after years, high yield and balance sheet.
As for two quarters of financial year 2013, skpres already achieved net profit of ard 24m which is 2/3 of its net profit of 36m for 2012. If the earnings are sustainable for the next two quarters, net profit of >42m is achievable for 2013 which translates to eps growth rate of ard 20%. The higher the net profit the higher dividends will be rewarded handsomely in accordance to 50% div policy. It is also rare to see a secondliner stock such as Skpres to have more than 60m balance in bank. Hence, no wonder it was the only penny stock that was rated 7 star in Dynaquest due to its consistent and solid qualitative and quantitative valuations.
I foresee that current share price of ard 0.35 cts as an opportunity for those with zero holdings to acquire it with acceptable margin of safety after the stock hits its 52weeks high at 0.395 in Nov. But, patience is always the virtue. Investors must be ready to avrg down in case its share price continuously on downside mode in future. This is truly a boring stock and suit those with holding powers and will definitely not suit those punters with quick rich mentality.
2012-12-25 19:12 | Report Abuse
As for ytlpwr-wb I invested in it only for fun for short/medium term due to the speculation on the privatisation. my avg cost is 0.385 and I will not hesitate to realize my profit if its price surge > 40cts. I knew it is a safe bet for a warrant for a bluechip with so,id fundamental as it currently at 52 weeks low while a lot of institutional investors as I know stucked in it at much higher price.
2012-12-25 18:57 | Report Abuse
The major shareholders own 72% of total shares as at march 2012 which I believe is substantial. I foresee Mr Gan's sales of his shares recently are more towarsd personal interest and believe it will not give impact to its share price in foreseeable future as his selling is minor compared to his entire holdings.
2012-12-25 18:49 | Report Abuse
Skpres last 2 quarters eps 1.31cts, 1.33cts, hence its forecast eps for 2013 is 1.31+1.33x2=5.28cts, PE is 0.36cts/0.0528=6.82. PE 7.
Net earnings are increasing years after years:
2009 = 2.93m 2010 = 13.40m 2011= 26.25m 2012 2012 =36.84m
Debt free
NTA 2009 0.22cts 2010 0.23cts 2011 0.26cts
Cash rich 2011 53m 2012 61m
High yield as it has declared 50 % div policy from the company's net earnings effective 2012. For financial year 2013, it has already declared dividends twice which we have received in nov and dec respectively.
I have been investing in skpres since 2010 when its price was ard 20cts. It was a late decision which I regret until now as its price went down to 10cts when I first discovered it in 2009. Its price surge to 50cts + early this year before the bonus issue 1:2 in june. I have no reasons to sell as at now
as I foresee the fundamental have not ever changed although its price surge up to 0.395 in oct.
2012-12-24 10:58 | Report Abuse
Skpres at 0.355 and ytlpower-wb at 0.38. Between these two, Skpres is recommended to those who is willing to hold for long term and enjoy the high yield. This is the highest rated penny stock with 7 star in Dynaquest and growth is guaranteed in foreseeable future as it is the main supplier for Dyson. As for ytlpwr-wb, it is currently at 52 weeks low and with rumours saying that its mother will be privatized, this is a gem and safe speculative counter with solid fundamental. Should the rumours is not be materialized sooner or later, it is still way undervalue at a current price for a warrant for blue chip with 10 billion cash to be bought on weakness.
2012-12-12 19:00 | Report Abuse
Go for ytlpwr-wb it is much more undervalue.
2012-12-11 16:23 | Report Abuse
Yes, it was from Bursa announcement. For sure there's smart money who bot and sold in and out but they were not obliged to declare their their transactions to Bursa as their holdings are less 5%. We are not so concern about these smart money as their transactions will have less impact to the movement of stock price. If insiders or institutions who sold especially foreign funds we have to be careful. A lot of people learnt their lesson for not carefully monitoring their movements. Go..go..go..Faber..
2012-12-11 16:01 | Report Abuse
For the past 6 months there's no insiders or institutions sold their shares. Obviously they are waiting to materialise big chunk of profits. Go..go..go Faber.We're waiting for you long long time already..
2012-11-15 16:40 | Report Abuse
Pity all those speculators and gamblers who bet on this counter. If its price eventually up to RM 1 oso will not be worth it as their health and piece of mind have been severely affected. There's really really a lot of fundamentally solid stocks outside there which will give them potential capital gains and yield in long term. I wonder why people are still chasing this kind of stock which I believe certainly due to greed and quick rich mentality. Again, if this stock's price eventually up to sky, it will not worth it as their health and piece of mind have been severely affected. I'm really sorry to those who are willing to suffer and to sacrifice their health due to greed and quick rich mentality..
2012-11-15 10:32 | Report Abuse
This counter is a real gem that mostly overlooked by investors. PE 10, consistent yield of roughly 9% to 10% payable twice a year, consistent earnings, debt free, cash rich with more than 19M in balance sheet and a leader in its business in producing frame mouldings which obviously less competition. The major shareholders own more than 70% of the shares and did not sell although its price reached its peak of 1.24 end of last July. The last sell by the major shareholder was 4 years ago in 2008. This is a great indicator that the management is trustworthy, they have good ethics and did not exploit the shareholders for their own benefits. Surely, they will ride the shares together with the minor shareholders throughout its volatility in future. This is a stock that people can safely buy and average down to keep and hold forever and enjoy the high yield year after year although its upside potential may not be that impressive.
For those traders/punters/gamblers, this counter is not for you as you will definitely lose patience waiting for the quick capital gains. This is an investment grade stock that must be dealt with respect.
2012-10-30 18:44 | Report Abuse
This is one of solid fundamental property stock but mostly overlooked by investors.
2012-10-26 11:53 | Report Abuse
Fundamentally strong counter does not move up and down drastically as they are controlled by the wise smart money who are in the midst of dumping or accumulating the shares. Sometime the share price is not moving at all due to existance of two groups of smart money who dominate the shares, first group are those who are in the process of accumulating the shares and the second group are those who are dumping the shares in order to realize their profit as they have been invested in the stock much earlier. The share price will hardly move until the first group completes their accumulation and the second group fully exits from their position. The first group will subsequently spread rumours by using their controlled press/media and hired analysts on future potential of the stock, merger & acquisition as well as other catalysts to markup the share price. They will exit from their position immediately as soon as the rumours are materialized. On the other hand, they will quietly exit if they receive the info from their resources that the rumours shall not be materialized. They will be dumping the shares to the greedy sheep traders who are willing to buy at the peak price.
If you are not a serious investor and have no significant capital, this kind of stock is definitely not for you. Go and find another Harvest if you want to become rich overnight. This stock is truly a high quality fundamental stock for those ownership oriented high profile investors with significant bunch of cash and who are willing to patiently wait years after years after years and enjoy the high yield and long term capital gain.
2012-10-26 07:08 | Report Abuse
For those who have zero holding or little holding on this stock, this kind of price correction is the opportunity to accumulate more. This stock at last few months its price has dropped to 0.33. Unluckily nobody bother and afraid to buy at that time. For those traders who bot at that time and sold at its peak of 0.395 has been rewarded handsomely with roughly 20% capital gain not including dividend. But not every traders are lucky enough to sell at its peak as most of them were greedy and wait the price to soar more than 0.40 which it has not materialised. That was the reason why most traders suffered when it's price dropped back to >0.36. For those traders, it is advised to quickly dump your position here and leave this counter to us who invested in it for long term throughout its volatility. This is an investment grade stock and should be dealt with respect.
2012-10-25 19:18 | Report Abuse
Don't be angry..there,s nothing wrong with the fundamental of this co. bear in mind this stock sit quitely within the range 0.20 to 0.25 within 2010 to 2012 before it soar to 0.54>. Whoever do no have the patience n dump the shares that moment are crying n sitting duck now..Do not ever speculate 4 short term profit. Instead look at the real quality of this stock and ride it all the way through its volatility ...you may win for short term... but do not angry if your profit a mere groundnut profit...if you want to trade..this stock is not for you...go and find another harvest if you can...
2012-10-25 14:00 | Report Abuse
FA stocks with good dividend yield will never go wrong..Faber, Kfima, Skpress, Ptaras r among counters that u can hold n forget.
Stocks less than 50 sen but not too bad as investment.
2012-12-27 15:08 | Report Abuse
Dear kcchongnz, nice summary on skpres fundamentals and glad you are giving comments at skpres thread which was dominated by ta guys all this while. Hope the thread will be much more academic and beneficial for the investors community.
To rlch, I did identify potential penny stocks below 50cts with ratings 6 and above each time SPG is published every 6 months. As at now, there are only four counters which fit this criteria i.e skpres (7 star), ntpm (6 star), scicom (6.5 star) and xdl (6 star). I have my only position in skpres. Ntpm used to be my darling stock back in 2009 which I bot at ard 38cts. I sold it when it was at 56cts in 2011 when the valuation I thought was way overvalue and the net profit dropped for the first time in 2011 while its net profit was consistently increased since 2006. At current share price of 0.44 cents, I think it is impressive to reenter.
As for scicom and xdl, both seem fundamentally solid. However, Xdl in my instinct is seem not impressive at all due to the known reason that it is a china company with its core business in manufacturing shoes. However, scicom may worth for us to take a look at it as valuation wise it seem undervalue at 0.39 cts and its core business is really interesting.