SKP RESOURCES BHD

KLSE (MYR): SKPRES (7155)

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Last Price

0.98

Today's Change

-0.02 (2.00%)

Day's Change

0.975 - 1.00

Trading Volume

1,774,800


27 people like this.

10,791 comment(s). Last comment by MiaoMiao7 20 hours ago

goreng_kaki

1,909 posts

Posted by goreng_kaki > 2016-02-19 17:56 | Report Abuse

PE already run before result.......monday will remain 1.32

goreng_kaki

1,909 posts

Posted by goreng_kaki > 2016-02-19 17:56 | Report Abuse

Kiki

gift

397 posts

Posted by gift > 2016-02-19 18:03 | Report Abuse

Fantastic result!

gift

397 posts

Posted by gift > 2016-02-19 18:04 | Report Abuse

This is the most promising company in making profit in 2016. Will people sell on news? To me, I will certainly keep more and feel no worry to its future.

megapower

124 posts

Posted by megapower > 2016-02-19 18:04 | Report Abuse

Cantik result... let see next monday until friday
Will maintain ard 1.35-1.40

fattycat

700 posts

Posted by fattycat > 2016-02-19 18:06 | Report Abuse

yeah~~~good result

tim09

223 posts

Posted by tim09 > 2016-02-19 18:09 | Report Abuse

SKP will gap up to RM 1.40 on Monday. Congrats to all holders.

Posted by lostwayinvestor > 2016-02-19 18:18 | Report Abuse

Keep long term. Next quarter result will be more fantastic for another round of Dyson project start

Posted by dividendenshark > 2016-02-19 19:49 | Report Abuse

goreng_kaki: u talk nonsense PE is 20 which is around industry average not high, so share got value for money. Good results from a quality company. Glad I alled in and also added contra together. hahahaha!!!

Posted by dividendenshark > 2016-02-19 19:52 | Report Abuse

KUALA LUMPUR (Feb 19): SKP Resources Bhd's net profit for the third quarter ended Dec 31, 2015 (3QFY16) more than doubled to RM24.15 million, or 2.20 sen a share, from RM10.54 million, or 1.17 sen a share, a year ago, due to higher revenue recorded from existing customers as well as contribution from newly acquired subsidiaries.

In a filing with Bursa Malaysia today, revenue also more than doubled to RM314.77 million for the period, compared to RM150.18 million in 3QFY15.

For the nine-month period (9MFY16), net profit stood at RM60.47 million or 5.58 sen a share, against RM30.71 million or 3.41 sen a share a year ago.

Revenue, meanwhile, came in at RM819.06 million from RM422.16 million in 9MFY15.

Moving forward, the group expects to remain profitable as strong order books from existing customers will contribute positively to its performance for FY16.

"The acquisition of new subsidiaries would allow the group to leverage on their additional production capacity and broaden the product mix to better tailor its services to suit the demand of customers," SKP Resources said.

The plastic moulding manufacturer added that it would diversify its customer base with the acquisitions as the new subsidiaries have established long-term relationships with several multinational companies as its customers, which are spread over a diverse range of industries.

Shares of SKP Resources closed unchanged at RM1.32 with 2.4 million shares traded, giving it a value of RM1.48 billion.

Posted by dividendenshark > 2016-02-19 21:55 | Report Abuse

Report out at 6pm, bursa closed at 5pm, ppl just cross fingers wait for report. thats why

micsoh

1,174 posts

Posted by micsoh > 2016-02-19 22:32 | Report Abuse

for third quater esp is 5.58 sen,until quarter 4 shall be around 6.8 sen, just like what analysis is forecast, if in normal market, this share P.E is around 26,so,26x0.068=1.76
Tally with what target is perdict,so warrant shall around 1.21-almost 55%than today closing price.

Posted by Matthew Law Thong Sheng > 2016-02-19 23:00 | Report Abuse

Monday open market...will goreng goreng liao

koekc

65 posts

Posted by koekc > 2016-02-20 00:51 | Report Abuse

share price want to be goreng or not is beyond our control. the boss might not be so straightforward to goreng right away the result published. at least this is not we see in past few quarters.
As long as the company performance still intact, it is worth to give more patience to it.

Posted by DreamCenturion > 2016-02-20 01:00 | Report Abuse

like dat one ah

gift

397 posts

Posted by gift > 2016-02-20 09:29 | Report Abuse

Most investors will goreng it if it has increased a lot. But, this share is dropping from 1.50 to 1.30 since last year. Buying this counter now actually has higher margin of safety since it will certainly perform better in the future.

goreng_kaki

1,909 posts

Posted by goreng_kaki > 2016-02-20 09:42 | Report Abuse

During august correction, this lousy stock drop from 1.55 to 1.2, now even cant go back to that level....

goreng_kaki

1,909 posts

Posted by goreng_kaki > 2016-02-20 09:45 | Report Abuse

Pe 20 not high????go check the same industry pe range la.......

i give u they name, u go check.......

geshen, eg, hil, Lcth,luster and vs

Posted by Matthew Law Thong Sheng > 2016-02-20 15:21 | Report Abuse

Yeah lo...those investor buying from 0.6 are lousy...they still holding it for 2 years....they really lousy..those who buy at 1.4 sell at 1.5 are so brilliant....then buy at 1.3 and sell at 1.4...

Posted by dividendenshark > 2016-02-20 19:18 | Report Abuse

muscle idea is really relevant to today market.

goreng_kaki:
geshen market cap 190 mil, number of share 90 mil, PE ratio 14.74
lcth: market cap 221.40 mil, number of share 360 mil, PE ratio 10.32
Luster: market cap 138.55 mil, number of share 1.732 bil, no PE ration also
VS: Market cap 1.531 bil, number of share 1.169 bil, PE ratio 9.71

Compare apple to apple only VS can compare with SKP Res, and VS is long term established player share price used to be so high until recently only dilute to be more competitive. If you compare VS with SKP of coz VS stronger name but SKP is catching up to them by track record and potential to surpass or even level the playing field. I dont know what logic you use to compare geshen, lcth and luster with skp though, and their quarter report performance also cannot stand up, different league lah.

Since I am mid term trader, I would say go for both companies, identify weakness buy then sell on strength.

You talking about last year August correction from 1.55 it jatuh 1.22. I correct you, it went as high as 1.60 due to foreigner silap push the price up too high when the value was supposed to be around 1.3+. When market realized and market correction, share price drop then rebound back to 1.3+ levels until now. Which share doesn't drop during market correction? Ir was never meant to stay at 1.60 levels at the time until proven by quarterly reports and slowly based on investor trust then only go up according to increased revenue and profit. Ppl wanna goreng also have to use common sense for price lah, how long can stay above its worth. If you want 1.6+ level prices, then now and nearest future is the time it will reach this target.

greatful

1,644 posts

Posted by greatful > 2016-02-21 07:32 | Report Abuse

better drop more, now margin not enough. Drop to 1.00 then excellent to collect

Posted by Abdul Rahim > 2016-02-21 10:36 | Report Abuse

Everybody have their ow view...so....

kakisaham

7,263 posts

Posted by kakisaham > 2016-02-21 12:18 | Report Abuse

.

astalavista

2,278 posts

Posted by astalavista > 2016-02-21 13:12 | Report Abuse

show time....

Posted by Matthew Law Thong Sheng > 2016-02-21 13:45 | Report Abuse

Tmr is the day...haha

Posted by Mohd Fahmi Bin Jaes > 2016-02-21 13:48 | Report Abuse

sell on news

greatful

1,644 posts

Posted by greatful > 2016-02-22 19:13 | Report Abuse

result good but RM appreciation.

greatful

1,644 posts

Posted by greatful > 2016-02-22 19:14 | Report Abuse

now is the best time to buy counter without or less related to USD.

goreng_kaki

1,909 posts

Posted by goreng_kaki > 2016-02-23 12:13 | Report Abuse

Drop liao......told u guy already.....pe already run in front of result.....

goreng_kaki

1,909 posts

Posted by goreng_kaki > 2016-02-23 12:22 | Report Abuse

Get contract from dyson also no use one ma.....in point of dyson, i can give u many contract,but u can not earn huge profit from me......all contract manufacturer know dyson mie pattern.....suka lower down supplier mie profit margin

astalavista

2,278 posts

Posted by astalavista > 2016-02-23 12:27 | Report Abuse

same as last quarter...good results out price go down...nothing new

Lulu La

901 posts

Posted by Lulu La > 2016-02-23 12:33 | Report Abuse

Goreng kaki...how u know dyson pattern? U r skp top management?

micsoh

1,174 posts

Posted by micsoh > 2016-02-23 12:36 | Report Abuse

If fund want to buy in bulb,surely it will press down the price in order to entice people dumb out,just like what happen in early month,,if u really sell out,that ready yourself to blame

Posted by Matthew Law Thong Sheng > 2016-02-23 13:28 | Report Abuse

When the stock price down u only appear...LOL...u know what is 马后炮?

Posted by dividendenshark > 2016-02-23 13:49 | Report Abuse

The price down because ppl collect profit lah. It will go down, then ppl buy in and then ppl sell back, normal lah. Besides, one more factor is SKP announce no dividend this quarter, thats also why ppl dont want to keep long time.

goreng_kaki

1,909 posts

Posted by goreng_kaki > 2016-02-24 10:27 | Report Abuse

1.31 liao....... run before too late.....

goreng_kaki

1,909 posts

Posted by goreng_kaki > 2016-02-24 10:27 | Report Abuse

Cold eye unloading

Posted by dividendenshark > 2016-02-24 11:56 | Report Abuse

good opportunity for trading, this is a stable profitable company for now after all. Wait for more drop, buy in then sell again, continuos money maker stock.

gift

397 posts

Posted by gift > 2016-02-24 11:59 | Report Abuse

agree

Posted by Matthew Law Thong Sheng > 2016-02-24 15:33 | Report Abuse

Cold eye unloading? Last year??? Or today? Funny lo u haha

Posted by Abdul Rahim > 2016-02-24 22:05 | Report Abuse

Buy and hold...hopefully be rewarded

astalavista

2,278 posts

Posted by astalavista > 2016-02-25 13:00 | Report Abuse

?????

jupiter

1,518 posts

Posted by jupiter > 2016-02-26 10:42 | Report Abuse

Why result good then also drop

Posted by Abdul Rahim > 2016-02-26 11:18 | Report Abuse

??????

micsoh

1,174 posts

Posted by micsoh > 2016-02-27 20:00 | Report Abuse

Just buy more when it cheap.

Posted by Abdul Rahim > 2016-02-28 12:47 | Report Abuse

No more cash...gigit jari ???,

astalavista

2,278 posts

Posted by astalavista > 2016-02-28 14:45 | Report Abuse

ku gigit kaki jari..lol

Posted by Abdul Rahim > 2016-02-29 13:14 | Report Abuse

rasa geli laaa

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