SKP RESOURCES BHD

KLSE (MYR): SKPRES (7155)

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Last Price

1.11

Today's Change

+0.02 (1.83%)

Day's Change

1.07 - 1.11

Trading Volume

3,987,300


27 people like this.

10,782 comment(s). Last comment by Income 1 month ago

Posted by Alex Leow Sze Shen > 2017-12-12 15:16 | Report Abuse

Good idea Bigbull99. Wish u good luck! Huat ahhh! I entering now 2.19

minghong

290 posts

Posted by minghong > 2017-12-12 15:23 | Report Abuse

should be playing monkey show again to scare weak player.. another wave will be resume after correction ..dont u guys agree?

Posted by Alex Leow Sze Shen > 2017-12-12 15:31 | Report Abuse

Strongly agree minghong. I am not panicked at all. Drop is a healthy position to clear off contra players and possible overbought so that it can resume uptrend again later.

Posted by Johnson Wong > 2017-12-12 16:01 | Report Abuse

I am waiting at 2.05 or 2.10

zoomsbooms

783 posts

Posted by zoomsbooms > 2017-12-12 16:46 | Report Abuse

please drop to rm2...ngeee

Collin Soo

894 posts

Posted by Collin Soo > 2017-12-12 17:33 | Report Abuse

some investors take profit and it is healthy correction

Posted by Alex Leow Sze Shen > 2017-12-12 18:00 | Report Abuse

Yes. Be patient guys...as i said what's up must come down before rally again.

Bigbull99

1,104 posts

Posted by Bigbull99 > 2017-12-12 19:19 | Report Abuse

As long as mid and long term it goes up slowly, then its fine. Short term tend to have some volatility. SKP will slowly creep up to stabilized at PE22 if earnings improves again next quarter.

Posted by Johnson Wong > 2017-12-12 19:36 | Report Abuse

will SKP rise to VS level? @@

Bigbull99

1,104 posts

Posted by Bigbull99 > 2017-12-12 20:17 | Report Abuse

I don't think so. The volume produced still not up to par with VS, their future prospect also not as bright as VS, so their PE level will never match VS. However they are growing, a growing company is a good stock. We dont need it to reach VS PE level, as long as it continue to improve their earnings bit by bit. You will see their stock price climb by minimum of 60% by end of 2018. Good enough for me, warrant will climb 100-200% by then. I believe in SKP and VS business model.

Posted by Alex Leow Sze Shen > 2017-12-12 21:34 | Report Abuse

Well said Bigbull99. I agree with you

Posted by Alex Leow Sze Shen > 2017-12-13 09:24 | Report Abuse

Smooth sailing for SKPRES today

minghong

290 posts

Posted by minghong > 2017-12-13 10:30 | Report Abuse

yes...resume its uptrend after washing out weak player

Bigbull99

1,104 posts

Posted by Bigbull99 > 2017-12-13 10:40 | Report Abuse

More like allowing players to enter at 12.12 sales discounted price yesterday.

minghong

290 posts

Posted by minghong > 2017-12-13 15:01 | Report Abuse

this round should be more than 2.3 or else meaningless for them to push

Posted by Alex Leow Sze Shen > 2017-12-13 15:04 | Report Abuse

From the chart...another huge round of uptrend coming soon

Posted by Alex Leow Sze Shen > 2017-12-13 15:34 | Report Abuse

SKPRES has risen. To test the support level of 2.27 again. Can it do it?

minghong

290 posts

Posted by minghong > 2017-12-13 15:49 | Report Abuse

yes la Alex.. definitely, is peanut for them , is it..hehe

Posted by Alex Leow Sze Shen > 2017-12-13 15:50 | Report Abuse

No peanut man..now enjoying my popcorn. Gonna break 2.27 soon. Volume is building up now

minghong

290 posts

Posted by minghong > 2017-12-13 15:56 | Report Abuse

Yes cheers Alex. waiting to celebrate my CG break 0.3

Bigbull99

1,104 posts

Posted by Bigbull99 > 2017-12-13 16:11 | Report Abuse

Luckily I top up cg yesterday. All the way 2.50 end of December! Cheers

Posted by Alex Leow Sze Shen > 2017-12-13 16:15 | Report Abuse

Broken resistance 2.27

minghong

290 posts

Posted by minghong > 2017-12-13 16:17 | Report Abuse

yes

Posted by Alex Leow Sze Shen > 2017-12-13 16:50 | Report Abuse

Aiya. Unable to continue uptrend. By the wat its really good performance today. Wait tomorrow

Bigbull99

1,104 posts

Posted by Bigbull99 > 2017-12-13 17:29 | Report Abuse

25sen more to reach my personal TP before taking a break for election correction. Superb run SKP! More to go!

Posted by Alex Leow Sze Shen > 2017-12-13 19:03 | Report Abuse

TP RM2.50 end of this month! Huat ah! Lai ah! Insider News

Bigbull99

1,104 posts

Posted by Bigbull99 > 2017-12-13 22:23 | Report Abuse

Wah Alex you like very chun la. Don't tell me you really insider. But at least your news so much better than someone over at VS forum claim they also insider but lead people go holland. Anyhow both also good fundamental stock.

Posted by Alex Leow Sze Shen > 2017-12-13 22:51 | Report Abuse

Yes...both also good fundamental stock. VS is good stock but for me the price is factored already as of now. Need to wait more good news. SKPRES is still undervalued and should be more than RM3 as well

Collin Soo

894 posts

Posted by Collin Soo > 2017-12-14 09:42 | Report Abuse

Alex@The PE ratio for SKP has >20 now, consider not cheap also. What do you think?

Posted by Alex Leow Sze Shen > 2017-12-14 09:43 | Report Abuse

Suddenly hit 2.29

minghong

290 posts

Posted by minghong > 2017-12-14 09:43 | Report Abuse

show begins...cheers...see u 2.3

Posted by Alex Leow Sze Shen > 2017-12-14 09:45 | Report Abuse

Broken. 2.30 now

Posted by Alex Leow Sze Shen > 2017-12-14 09:51 | Report Abuse

Collin Soo: remember no cheap in stock. Its about passion and price moment. The correct word to use is undervalued. SKPRES still undervalued

Bigbull99

1,104 posts

Posted by Bigbull99 > 2017-12-14 10:03 | Report Abuse

Colin: PE differs between different sector. It is not a rule of thumb that PE must be below 10 to consider cheap. You see tech stocks tends to have high PE (30+), construction low PE (<10).

Collin Soo

894 posts

Posted by Collin Soo > 2017-12-14 10:54 | Report Abuse

Noted. But based on current PE 20, i afraid that the upside will be limited. Any future plan for this company to boost up revenue/profit? i just hold a little and dare to buy more.

Posted by Thomas Pang > 2017-12-14 11:30 | Report Abuse

Colin Soo, have you done any fundamental analysis on skp?

Posted by Alex Leow Sze Shen > 2017-12-14 12:17 | Report Abuse

SKPRES have to wait afternoon for showtime

Bigbull99

1,104 posts

Posted by Bigbull99 > 2017-12-14 13:52 | Report Abuse

Skp graph looks like VS graph 4 months ago. It will not stop until hit PE 23. Go go SKP GO

minghong

290 posts

Posted by minghong > 2017-12-14 13:56 | Report Abuse

yes, Alex, will reach 2.5 soon. hehehe

Bigbull99

1,104 posts

Posted by Bigbull99 > 2017-12-14 14:17 | Report Abuse

The more people say will reach 2.50. Big guys will make sure they flush out those at lower price first or shoot above 2.5, they will move towards 2.70 before slowing down. However this may also because our index is performing that's why it is moving. Once our index turn red, may slightly affect SKP.

Posted by Alex Leow Sze Shen > 2017-12-14 14:47 | Report Abuse

Minghong: i will not reach 2.50 but SKP will. Hahaha

dalpinia

2,299 posts

Posted by dalpinia > 2017-12-14 19:51 | Report Abuse

PE of 20+ is very cheap if compared with usa or HK technology counters which easily of PE70 and above....Malasia shall be 30-40 of PE is quite reasonable especially for exponential growth counters like VS, SKPRES and EG, as well as Inari.

onecall

561 posts

Posted by onecall > 2017-12-15 09:11 | Report Abuse

Today rest day.

Posted by Alex Leow Sze Shen > 2017-12-15 10:13 | Report Abuse

Looking stable as for now. Another push maybe?

minghong

290 posts

Posted by minghong > 2017-12-15 10:36 | Report Abuse

yes.. another round of pushing maybe.

Posted by Alex Leow Sze Shen > 2017-12-15 15:20 | Report Abuse

Accumulating and hiberating at 2.25 - 2.26 range before wake up!

Posted by Kenneth Goh > 2017-12-15 16:22 | Report Abuse

down pls,,,so i can buy more

Posted by Mohd Fahmi Bin Jaes > 2017-12-18 08:14 |

Post removed.Why?

Posted by Alex Leow Sze Shen > 2017-12-18 10:49 | Report Abuse

Today become sleeping angel. Hehe...accumulate while you can!

Posted by Alex Leow Sze Shen > 2017-12-18 16:15 | Report Abuse

SKPRES when down to 2.21, KWAP attack again!

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