Posted by loon737 > 2016-02-03 22:17 | Report Abuse

vry potential stock..masuk

Posted by Abdul Rahim > 2016-02-04 22:41 | Report Abuse

pokcit....elek...

Posted by astalavista > 2016-02-09 19:10 | Report Abuse

pokcit....banyak....elek

Posted by ffforever > 2016-02-11 15:22 | Report Abuse

Tis stock quite stable, no one goreng

Posted by Abdul Rahim > 2016-02-11 22:10 | Report Abuse

Next week quarter result will be released...
indicator see tomorrow..if up good sign....

Posted by fattycat > 2016-02-12 00:57 | Report Abuse

why sudden got a skpres-ca @@ ?

Posted by ffforever > 2016-02-12 21:54 | Report Abuse

Drop d.. means qr no good kah

Posted by Dell888 > 2016-02-15 10:53 | Report Abuse

I think must be no good ady or else promoters wont sell..

Posted by Abdul Rahim > 2016-02-15 11:11 | Report Abuse

but selling volume small...

Posted by Matthew Law Thong Sheng > 2016-02-15 11:42 | Report Abuse

buy only la..rm1.25...soon to be rm2...maybe drop kuat kuat...then up back super kuat

Posted by dividendenshark > 2016-02-15 11:45 | Report Abuse

i think its panic selling. Reports should be fine. They already got the contracts from Dyson last year itself for 2 yrs right? I bought in after seeing it go down. Its good time to accumulate, i think. Warrants and mother so cheap its like CNY sale. I just alled in. Too bad it dropped more after my purchase, sad couldn't get the lowest price. I have been following the SKP since I got free share from Tecnic and have really profited from both SKP and Tecnic. Went all the way with SKP until it reached 1.60. Even though ringgit have strenghtened a little, its still way undervalued and oil prices still way too cheap, strong prospects for SKP for at least 1 year. Lets see what report says though.

Posted by Matthew Law Thong Sheng > 2016-02-15 11:57 | Report Abuse

All in!!!All in!!!!All in!!! Haha

Posted by ffforever > 2016-02-15 15:38 | Report Abuse

Is exercise of warrant causing price drop?

Posted by lee77 > 2016-02-15 16:24 | Report Abuse

something wrong ????
May be QR report not good ????

Posted by koekc > 2016-02-15 17:20 | Report Abuse

Vol today is the highest since 15/Jan. The divergence of share price and vol gives negative outlook for the share price in the coming days. Today closed almost the lowest. No reversal sign is seen. Tomorrow most probably will be dropping again.
The only reason can think of is something related to the upcoming QR report.

Posted by soohau78 > 2016-02-15 17:22 | Report Abuse

maybe Q report too good....scare the weak holder out first...

Posted by Teik Ghee > 2016-02-15 17:24 | Report Abuse

http://www.theedgemarkets.com/my/article/skp-resources-still-hovering-near-all-time-high-long-term-prospects-positive

Posted by koekc > 2016-02-15 18:41 | Report Abuse

As checking back their past record, they have started the new factory in Johor in end of 2015, this should help to boost up the production capacity and hence revenue of the company. Contracts from Dyson also should start to actualize in this year account.
After 2 quarters in 2016 financial year, they have achieved 82% of the total revenue and 86% of the net profit, of last financial year. Fundamentally they are still sound.

Posted by goreng_kaki > 2016-02-15 20:36 | Report Abuse

Tp:1.00

Posted by dividendenshark > 2016-02-15 20:56 | Report Abuse

I was wondering why I couldn't find the theedge article on skpresources today. It was hidden in corporate tab and in page 4. Too many news that it escaped people's views so quickly. Thank you Teik Ghee for sharing.

Repost:


LATEST NEWS, CORPORATE
Hot Stock
SKP Resources still hovering near all-time high, long-term prospects positive
By Meena Lakshana / theedgemarkets.com | February 15, 2016 : 1:34 PM MYT
Printer-friendly versionSend by emailPDF version
Translated by Google Translator:
Select Language​▼
KUALA LUMPUR (Feb 15): Shares of SKP Resources Bhd declined 3.08% today, possibly due to profit taking, but analysts are still positive about the stock's outlook going forward.

At 12:30pm today, the stock declined 4 sen to RM1.26, with 2.58 million shares done.

When contacted today, Kenanga Research analyst Desmond Chong said the stock had declined possibly due to profit taking.

"There [are] no fundamental changes in the stock. It (the decline) could be due to profit taking," he said.

Nevertheless, the stock is still trading near its all-time high of RM1.51, which it recorded on July 31, 2015 from 40 sen on June 6, 2014. Year to date, the stock has gained 84.95%, outperforming the FBM KLCI which declined 6.67%.

Chong said SKP is one of the most stable stocks in the technology and semiconductor pantheon, as it provides an earnings visibility for at least the next two years, underpinned by the long-term contracts that would be fully reflected from financial year 2017 (FY17) onwards.

"We also like the company for its relatively stable net profit margins of 6% to 7% backed by the cost-pass through mechanism (any additional expenses or cost leavings, they are likely to pass it to their customers) with its customers and vendors," he added.

He also said the stock is relatively cheap as it is trading at about 10 times its FY17 estimated price to earnings ratio (PER) when compared to its two-year net profit compound annual growth rate (CAGR) of about 93%.

SKP had secured two contracts from Dyson last year for the manufacturing of cordless vacuum cleaners totalling RM5 billion.

The first contract, which was announced in May 2015, carries a value of RM400 million per annum over five years while the second contract, announced in September last year, carries a value of RM600 million per annum over five years.

In a note today, Alliance DBS Research analyst Inani Rozidin said SKP is poised to clinch more contracts from its main customer Dyson, which contributed 55% to the company's revenue in financial year 2015 (FY15), as only 25% of its new plant in Senai, Johor, has been utilised.

"With ample spare capacity, we believe the group is well prepared to take on more contracts, which can come from both Dyson and non-Dyson related parties," she said.

"Growth is also supported by SKP's initiative to expand its clientele base and management has targeted 8% annual growth for non-Dyson contracts," she added.

Inani said among the areas SKP is eyeing is the food and beverage (F&B) packaging segment, with plans to supply more plastic packaging to existing customers such as Unilever, Nestle, Suntori, and Shell.

She also said the recent acquisition of Tecnic Group Bhd has not only increased SKP's production capacity but also enable the group to leverage on Tecnic's existing clientele to grow its customer base.

SKP had acquired all of the shares it previously did not own in Tecnic for RM200 million via the issuance of 172.4 million new SKP shares at 58 sen each and RM100 million cash.

She also said the stock is attractively priced at 0.25 times price to earnings growth with a strong three-year earnings per share CAGR of 44%.

Posted by fattycat > 2016-02-16 08:51 | Report Abuse

Waiting for quarter result ~~~~

Posted by dividendenshark > 2016-02-16 10:51 | Report Abuse

when will the quarter result be out? this week or next week?

Posted by Abdul Rahim > 2016-02-16 11:04 | Report Abuse

shouldl be today...based on last quarter

Posted by Matthew Law Thong Sheng > 2016-02-16 11:41 | Report Abuse

Skp always release their result on friday...

Posted by dividendenshark > 2016-02-16 12:15 | Report Abuse

I can see people taking profit from yesterday sale, still cheap to acquire this stock at below rm1.34 as it can easily hit rm1.39 without any news. With positive qr, should hit around rm1.5-rm1.55 depending market sentiment.

Posted by Matthew Law Thong Sheng > 2016-02-16 13:16 | Report Abuse

Come come to me

Posted by koekc > 2016-02-16 13:53 | Report Abuse

the q result will be announced on this Friday.

Posted by dividendenshark > 2016-02-16 16:41 | Report Abuse

i am actually drooling with expectation, hope to see todays trend tomorrow till Friday, yesterday I until now don't get it why ppl want to throw. But I gotta say thank you to them.

Posted by dividendenshark > 2016-02-17 11:34 | Report Abuse

wah, so glad ppl not selling much of this share and warrants. Still very cheap to acquire and too cheap to sell.

Posted by megapower > 2016-02-17 11:57 | Report Abuse

wau.. last week able grab 1.28 hehehe

Posted by dividendenshark > 2016-02-17 13:49 | Report Abuse

got at 1.24 and sold at 1.31. want to keep but t+2 days dy. I think tomorrow 1.35. still keeping warrants from 0.72 wanna see go 0.80++ first before selling.

Posted by Matthew Law Thong Sheng > 2016-02-17 14:34 | Report Abuse

next friday rm1 liao lo...gogogo

Posted by dividendenshark > 2016-02-17 23:37 | Report Abuse

warrants rm1.00?

Posted by Matthew Law Thong Sheng > 2016-02-18 01:15 | Report Abuse

Yup

Posted by dividendenshark > 2016-02-18 12:32 | Report Abuse

sure ah report tomorrow? why index all up but the ppl selling more than buying today even before report is out?

Posted by Abdul Rahim > 2016-02-18 12:35 | Report Abuse

contra player ...cant hold....after 2.30 pm....up.up

Posted by aladin > 2016-02-18 15:18 | Report Abuse

comming

Posted by astalavista > 2016-02-18 15:24 | Report Abuse

gila

Posted by Matthew Law Thong Sheng > 2016-02-18 17:20 | Report Abuse

Interesting

Posted by dividendenshark > 2016-02-18 21:06 | Report Abuse

hopefully whole of next week up

Posted by dummy > 2016-02-19 11:37 | Report Abuse

keep calm and wait for result

Posted by Matthew Law Thong Sheng > 2016-02-19 14:44 | Report Abuse

Time to take off...remember buy and keep...

Posted by dividendenshark > 2016-02-19 16:24 | Report Abuse

Where report lah? i dont think today, maybe next week.

Posted by Matthew Law Thong Sheng > 2016-02-19 16:35 | Report Abuse

Ltr?

Posted by dividendenshark > 2016-02-19 16:36 | Report Abuse

Later today or later next week? Sure ahh Matthew?

Posted by Matthew Law Thong Sheng > 2016-02-19 16:39 | Report Abuse

Lets us see?

Posted by Matthew Law Thong Sheng > 2016-02-19 16:40 | Report Abuse

Based on previous history...skp will do it so

Posted by rongguailin > 2016-02-19 17:29 | Report Abuse

http://www.malaysiastock.biz/Corporate-Infomation.aspx?type=A&value=S&securityCode=7155

Posted by Matthew Law Thong Sheng > 2016-02-19 17:39 | Report Abuse

125%

Posted by koekc > 2016-02-19 17:43 | Report Abuse

good result. qoq and yoy also improved. 3q result in total already exceeded last year performance!