Posted by sephiroth > 2013-05-03 14:53 | Report Abuse

Faster faster 0.285, hungry for more

Posted by iafx > 2013-05-03 15:05 | Report Abuse

privatize is a wild guess. however, judging from its performance over the pass 11 years, the current price indeed very attractive to the owner, it will be easy to fund for it given its financial status.

Posted by Steve Jub > 2013-05-03 15:07 | Report Abuse

i see, you also got invest some iafx?

Posted by iafx > 2013-05-03 15:35 | Report Abuse

early this year disposed (for now), too quiet so cash out as stand-by fund.

Posted by Awesome > 2013-05-03 15:37 | Report Abuse

if really want to privatize i think .4 or above to enable him to acquire the rest of the shares.

Posted by iafx > 2013-05-03 15:42 | Report Abuse

btw, LTH acquired 5% of skpress announced on 7/2. too bad, there isn't much movement since

Posted by Steve Jub > 2013-05-03 15:46 | Report Abuse

awesome u accumulate at what average price?

Posted by Steve Jub > 2013-05-03 15:49 | Report Abuse

wow that's good gain

Posted by Awesome > 2013-05-03 15:50 | Report Abuse

what about ur average?

Posted by Steve Jub > 2013-05-03 15:53 | Report Abuse

i first time q today, not yet get it :D

Posted by Awesome > 2013-05-03 15:57 | Report Abuse

icic.. hope u can get it below .3 ya=) anyway, if trading close approach perhaps u shud buy in at .3.. happy trading bro!

Posted by Steve Jub > 2013-05-03 15:58 | Report Abuse

ya thnks

Posted by Awesome > 2013-05-03 16:50 | Report Abuse

so bro did u get at below .3?

Posted by Steve Jub > 2013-05-03 16:52 | Report Abuse

last last minute got it at 0.295. hopefully good deal

Posted by Steve Jub > 2013-05-03 16:53 | Report Abuse

duno who will win la next week but bot these some as insurance. if drop somemore i am ready to accumulate

Posted by Kondohon > 2013-05-03 16:55 | Report Abuse

got nothing at 0.295 :(

Posted by Awesome > 2013-05-03 16:55 | Report Abuse

icic.. together huat ya! TP 0.5! cheers~!

Posted by Steve Jub > 2013-05-03 16:57 | Report Abuse

kondo, just now TO price u didn't send your orders meh? yaya,awesome, gogogo skpres. u bot also today?

Posted by Kondohon > 2013-05-03 17:03 | Report Abuse

mine was rejected 2 times at the last min...hmm

Posted by Steve Jub > 2013-05-03 17:05 | Report Abuse

why rejected?

Posted by Kondohon > 2013-05-03 17:08 | Report Abuse

I'm still investigate it, maybe I'm wrong, but nvm.

Posted by Steve Jub > 2013-05-03 17:19 | Report Abuse

okay sure, looking forward for next week

Posted by sephiroth > 2013-05-03 18:45 | Report Abuse

if BN wins, we wait and collect profit
if PR wins, we wait and collect cheap

Posted by Awesome > 2013-05-03 19:01 | Report Abuse

why? pr wins cant collect profit?

Posted by sephiroth > 2013-05-03 19:09 | Report Abuse

pr wins whole mkt freefall, buy cheap (0.26-0.28)take profit later once mkt stabilize

Posted by Awesome > 2013-05-03 19:29 | Report Abuse

icic~ haha.. but I have no more $$ to buy jor ><

Posted by Steve Jub > 2013-05-03 20:56 | Report Abuse

sep, u got collect today? ya, good either way also good. that's need to grab some as insurance today. cannot just hold all cash imo

Posted by sephiroth > 2013-05-03 21:24 | Report Abuse

i collect last week 0.30, waiting for 0.285 to collect again

Posted by Steve Jub > 2013-05-03 22:01 | Report Abuse

oh okay. u also bottom fish ya hehe

Posted by Steve Jub > 2013-05-03 22:53 | Report Abuse

kcchong, you mentioned that its FCF for last year is 19.1m and FCF = Cash Flow From Operations - capital expenses. when i look at the finance report, its capital expenses is 39,220 (plant and machinery) right? cash flow from operations is 61,886 right? i can't get this 19.1m

Posted by kcchongnz > 2013-05-04 06:08 | Report Abuse

Steve, when you examine a company's cash flows; money it pays out or receives each year from its normal business, look at the "Cash Flows Statement", one of the statements of its financial report besides the income statement and balance sheet. I repeat, Cash flows from operations is not cash in the balance sheet. I don't know where you get the 39220. Read my explanation to you before below.


Posted by kcchongnz > May 3, 2013 10:31 AM | Report Abuse X

Steve Jub, the cash of 61886 you are talking about is the cash it has in its balance sheet, not the cash flows from operations (CFFO),nor free cash flow (FCF).

You can find capital expenses from its cash flow statement under "cash flow from investment activities". It is the amount spend on purchasing property, plant and equipment. For plantation company, you may have to also include procurement of biological assets.

Posted by skyland > 2013-05-04 08:47 | Report Abuse

Ini kali lah !!....Dont wait lain kali lah..!!

Posted by pbm8682 > 2013-05-04 15:23 | Report Abuse

look like no hope to rebound.... eh....

Posted by Awesome > 2013-05-04 15:48 | Report Abuse

we wait and see =)

Posted by kcchongnz > 2013-05-04 16:27 | Report Abuse

steve, go to the Bursa website here:

http://announcements.bursamalaysia.com/edms/edmswebh.nsf/all/02EE6C665EE71AEF48257A1F005E33D5/$File/SKPRB_4TH%20QTR%202012.pdf

The one you went does not break down items

Posted by KC Loh > 2013-05-04 16:27 | Report Abuse

Findingsteve? Hehehe

I am not answering for kcchongnz la, but why not you just take a link like from Reuters for example. http://www.reuters.com/finance/stocks/financialHighlights?symbol=SKPR.KL

Look at the valuation ratio of price to FCF, inverse the formula and there you have your answer!

Posted by Steve Jub > 2013-05-04 16:37 | Report Abuse

kcloh, thanks. you mean Price to Free Cash Flow (TTM) 6.81?

Posted by KC Loh > 2013-05-04 16:44 | Report Abuse

It can be both depending what you looking for. Both cashflow and FCF are given. But have an understanding what TTM means also

Posted by Steve Jub > 2013-05-04 16:49 | Report Abuse

hmm...seem complicated ya..

Posted by KC Loh > 2013-05-04 16:53 | Report Abuse

Cash flow and FCF only related to debt. TTM here means calculation from the existing price quote. It changes as price fluctuates everyday. But the cash flow position won't because its a snapshot of last year's (usually annual report) balance sheet. Don't worry too much about it!

Posted by Awesome > 2013-05-04 16:54 | Report Abuse

from the cash flow seems like this company has a further grow chance.

Posted by Steve Jub > 2013-05-04 17:01 | Report Abuse

kcloh, so cash flow and FCF related to debt equity ratio? for skpres, its debt equity ratio is 0.46. book says if below 1, means good.

Posted by KC Loh > 2013-05-04 17:06 | Report Abuse

In a way yes. But I think kcchongnz is trying to tell you all get the FCF and you see how this company performs with it cash nett debt.

Posted by Steve Jub > 2013-05-04 18:55 | Report Abuse

kcchong, your criteria also include debt equity ratio?

Posted by kcchongnz > 2013-05-04 19:26 | Report Abuse

debt equity ratio is not important to me because companies I chose to invest are with good earnings and cash flows. if with debts, even if it is high say at 1 time equity, but if the cash flows from operations can cover it by a few times, no worry. It is only if you buy stocks of companies with little earnings and cash flows now, but hope for future cash flows few years down the road, that you need to worry about it

Posted by kcchongnz > 2013-05-04 19:47 | Report Abuse

steve, no that is not a complete cash flows statement with breakdowns. I have given you a bursa link there;

Posted by kcchongnz > May 4, 2013 04:27 PM | Report Abuse X

steve, go to the Bursa website here:

http://announcements.bursamalaysia.com/edms/edmswebh.nsf/all/02EE6C665EE71AEF48257A1F005E33D5/$File/SKPRB_4TH%20QTR%202012.pdf

The one you went does not break down items

Posted by Awesome > 2013-05-06 09:20 | Report Abuse

any insight BN won?

Posted by Alvian > 2013-05-06 09:39 | Report Abuse

can price still go lower? or time for bullish?

Posted by Awesome > 2013-05-06 09:42 | Report Abuse

I think is time for bullish~! collected at .3 last week

Posted by Alvian > 2013-05-06 09:47 | Report Abuse

oh no... i lost the rally then