SKP RESOURCES BHD

KLSE (MYR): SKPRES (7155)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

1.09

Today's Change

0.00 (0.00%)

Day's Change

1.09 - 1.10

Trading Volume

278,900


27 people like this.

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

Zekai1999

25 posts

Posted by Zekai1999 > 2021-02-02 14:58 | Report Abuse

Rumour normally bring people to Holland..

Sailangking

1,912 posts

Posted by Sailangking > 2021-02-04 21:57 | Report Abuse

who is lee

PureBULL ...

2,539 posts

Posted by PureBULL ... > 2021-02-05 08:20 | Report Abuse

Posted by PureBULL ... > Feb 5, 2021 8:19 AM | Report Abuse X

EMS.theme.play :
foreign ones like FPI, PIE r edi high up in the new blue sky.
Local EMS in VS, SKPRES, ATAIMS have 1st sign of BO but retreated.
in some VS, 270-69 n SKPRES, 230-29 yesterday Feb 4th.

Posted by JL_longman > 2021-02-05 12:20 | Report Abuse

Sifu is here. I am at ease

PureBULL ...

2,539 posts

Posted by PureBULL ... > 2021-02-05 15:05 | Report Abuse

ATAIMS has a SPECIAL day called the grand BO > 250
Close price of VS > 277 n SKPRES > 232 = all 3 EMS stocks enter Form 1 for the 1st day n to score all the way to Form 6...

wehcant

1,259 posts

Posted by wehcant > 2021-02-05 15:28 | Report Abuse

Another SLVEST in the makng, achieving all time HIGH with good earnings. Unlike so many goreng counters without fundamentals.

gdrgnz

87 posts

Posted by gdrgnz > 2021-02-06 19:42 | Report Abuse

told ya

mf

28,670 posts

Posted by mf > 2021-02-07 16:28 | Report Abuse

05-Feb-2021 Insider KUMPULAN WANG PERSARAAN (DIPERBADANKAN) (a substantial shareholder) disposed 1,967,500 shares on 04-Feb-2021.
04-Feb-2021 Insider KUMPULAN WANG PERSARAAN (DIPERBADANKAN) (a substantial shareholder) disposed 200,000 shares on 03-Feb-2021.
03-Feb-2021 Insider KUMPULAN WANG PERSARAAN (DIPERBADANKAN) (a substantial shareholder) disposed 1,640,100 shares on 02-Feb-2021.
03-Feb-2021 Insider KUMPULAN WANG PERSARAAN (DIPERBADANKAN) (a substantial shareholder) disposed 90,000 shares on 02-Feb-2021.

kctrades

18 posts

Posted by kctrades > 2021-02-07 18:00 | Report Abuse

Does this mean if I buy 5 shares before ex date, I will get 1 bonus share + 1 free warrant?

VTrade

2,434 posts

Posted by VTrade > 2021-02-08 12:15 | Report Abuse

What warrant?

VTrade

2,434 posts

Posted by VTrade > 2021-02-08 12:19 | Report Abuse

Another public bank? Walao

paperplane

21,644 posts

Posted by paperplane > 2021-02-08 13:28 | Report Abuse

sui sui

dlau8899

915 posts

Posted by dlau8899 > 2021-02-08 19:33 | Report Abuse

Bonus issue

VTrade

2,434 posts

Posted by VTrade > 2021-02-09 02:33 | Report Abuse

When ex date.?

PureBULL ...

2,539 posts

Posted by PureBULL ... > 2021-02-09 10:04 | Report Abuse

ROTATION IN PLAY of 2 THEMES

i. TECH in Semicon n Equipment
On Profit.taking n Consolidation wave now, could trade in a band for awhile

ii. EMS
Just grand BO on last Fri n will continue to move up north
VS, SKPRES, ATAIMS, their time to shine ...

Wolger

65 posts

Posted by Wolger > 2021-02-09 11:00 | Report Abuse

When is the ex date for the BI ?

VTrade

2,434 posts

Posted by VTrade > 2021-02-09 16:10 | Report Abuse

They are public bank

JSoang Ooi

641 posts

Posted by JSoang Ooi > 2021-02-09 22:20 | Report Abuse

kwap is doing it .. dumping the shares.. bonus issue + warrant is just a joke..

gunter

191 posts

Posted by gunter > 2021-02-10 09:51 | Report Abuse

bonus issue + warrant to make ikan bilis buy so kwap can unload

paperplane

21,644 posts

Posted by paperplane > 2021-02-10 14:37 | Report Abuse

hehe

GoodGood

67 posts

Posted by GoodGood > 2021-02-10 20:59 | Report Abuse

Today big shark still dumped a lot of shares for ikan bilis to buy although share price up +0.02. Wondering why big shark keeps dumping... QR is coming out soon... QR not good?

wehcant

1,259 posts

Posted by wehcant > 2021-02-11 10:11 | Report Abuse

From now till it's coming QR, anything is plausible. Will it test it's all-time high of 2.57 again? I can tell that on Monday.

PureBULL ...

2,539 posts

Posted by PureBULL ... > 2021-02-11 17:45 | Report Abuse

SKPRES : take note again if u have this stock, u need in multiple of 2000 shares to avoid odd lots for 1:4 BI n 1:5 free Warrant

I believe this is well advised by good experienced ib in corporate advisory.

AIG or AIA in its heyyears b4 sub-prime crisis 2008/09 by ceo maurice greenberg, a yahudi was so smart in BI:
AIG was like run mechanically. I saw from friend who showed me the 3 letters by greenbird on its BI.
On that 3 occasions, the letters were worded all the same except the ratio of BI.
Strategically, greenbird grew AIG double in issue share cap in 5 yrs n each time after BI the stock price went up to $120 again. with simple small BI ratio, it never distract the price charts during the ex date of BI n most importantly maintain the strong structure of die-hard s/holders for LIFE.

thteh

106 posts

Posted by thteh > 2021-02-13 12:38 | Report Abuse

PureBull,
Pardon my asking. I didn't see any announcement of BI and Warrant for SKPRes.
Mind sharing.

Posted by Fatcaiwst > 2021-02-17 10:37 | Report Abuse

Why with the announcement of warrant and bonus issue the share price drops? Newbie here anyone mind explaining?

Posted by 282899joyce > 2021-02-17 22:43 | Report Abuse

Today Kwap selling ..

Ivan89

1,479 posts

Posted by Ivan89 > 2021-02-19 20:11 | Report Abuse

Buy on weakness, good quarter report , bonus issue, free warrant coming

Ivan89

1,479 posts

Posted by Ivan89 > 2021-02-22 11:42 | Report Abuse

Coming, break new high soon

slts

2,235 posts

Posted by slts > 2021-02-22 16:46 | Report Abuse

under perform compare to VS n Ata
skpres have more room to move up

hng33

20,312 posts

Posted by hng33 > 2021-02-25 09:27 | Report Abuse

Use balance capital, bought Skp at 2.31

Sidin

44 posts

Posted by Sidin > 2021-03-01 21:51 | Report Abuse

tmorrow is time to shine

me073194

160 posts

Posted by me073194 > 2021-03-02 16:28 | Report Abuse

tomorrow limit up

Mcaresdk91

355 posts

Posted by Mcaresdk91 > 2021-03-02 19:25 | Report Abuse

get ready tmrw.tis counter explode.few days profit taking.

Posted by InsiderShark > 2021-03-08 16:03 | Report Abuse

SKP is not even tech, dont know why people sell SKP when tech and semi drops. SKP is EMS.

Kang Yao

558 posts

Posted by Kang Yao > 2021-03-09 15:11 | Report Abuse

Drop is good, can collect more and sit back to wait for split and new orderbook announcement.

Posted by Philip ( buy what you understand) > 2021-03-13 07:33 | Report Abuse

Learning how to hold and watch paint dry can be very profitable.

https://klse.i3investor.com/servlets/pfs/120720.jsp

lai81533

987 posts

Posted by lai81533 > 2021-03-16 16:45 | Report Abuse

collected
more

Posted by Rookieinvestor > 2021-03-18 20:47 | Report Abuse

Will it go up tomorrow

Posted by diuleiloumei > 2021-04-01 16:52 | Report Abuse

engine start liao ar ?

Posted by LongTermInvestor8 > 2021-04-01 17:38 | Report Abuse

Bonus and free warrant + good price target (RM3.00) by IB. Why wont fly? 30% up.

me073194

160 posts

Posted by me073194 > 2021-04-02 14:20 | Report Abuse

Huat huat

MiaoMiao7

449 posts

Posted by MiaoMiao7 > 2021-04-02 15:47 | Report Abuse

Bonus + Free Warrant + Growing Earnings + Good TP by IB (RM3) + Dyson Expanding

https://www.reuters.com/article/dyson-investment/dyson-to-invest-37-billion-to-double-product-range-by-2025-idUSL8N2IC4XA

What have you got to lose? Up Up and away to RM3

Posted by investortrader88 > 2021-04-02 16:51 | Report Abuse

my buy queue matched RM 2.40.good luck guys.

Posted by investortrader88 > 2021-04-02 19:43 | Report Abuse

SKP Resources - Expansion for New Orders
Date: 26/02/2021

Stock : SKPRES Source : KENANGA
Price Target : 3.00
Last Price : 2.41


3QFY21 NP of RM43.5m (+72% YoY) brings 9MFY21 NP to RM97.6m (+42% YoY). We deem the results to be within expectations, representing 80% and 78% of our and consensus forecasts, respectively. SKP has won 2 out of 3 bids for new products and is likely to win the third one to secure a 100% winning rate. To take on new projects, SKP will be building a new plant in Johor Bahru by year-end and has put in order for a third PCBA line. Current workforce is sufficient for new product wins. We upgrade our call to OUTPERFORM with a higher TP of RM3.00.

Within expectations. 3QFY21 NP of RM43.5m (+72% YoY) brings 9MFY21 NP to RM97.6m (+42% YoY). We deem the results to be within expectations, representing 80% and 78% of our and consensus full-year forecasts, respectively.

Results highlight. YoY, 3QFY21 NP climbed 72% to RM43.5m on a 29% increase in revenue to RM713.3m as the group secured higher order volume from key customer, in line with the increased consumer spending on household items. Cumulatively, 9MFY21 NP jumped 42% to RM97.6m while revenue increased 31% to RM1.84b. QoQ, 3QFY21 numbers was largely on par with 2QFY21, retaining the same lucrative NP margin of at least 6%.

New model wins. The group was invited by its key customer to tender for 3 products that will be rolled out this year and so far the group has won 2 of them (household and hygiene products), exhibiting a strong win rate for SKP. Both products will start production in April 2021 and Dec 2021, respectively. With the group’s strong track record of optimising current production and PCBA lines with excellent yield rates, SKP stands a good chance to secure the third product to seal a 100% winning rate.

New factory by end-2021. Existing products are running near maximum level and capacity is getting tight as order pipeline remains strong, in line with key customer’s direction to double product portfolio by 2025. SKP has acquired a piece of land for RM14m in Johor Bahru and set aside RM45m for the construction of a new plant which is slated to be completed by Dec 2021. In addition, the group has put in an order worth RM6m for its third PCBA line to take on the new battery pack assembly contract from its key customer. The group has sufficient labour to take one these new projects as it recently recruited approximately 278 new foreign workers who were laid off from a nearby plant that recently ceased operations.

Maintained FY21E forecast but raised FY22E NP to RM161.8m, factoring in new wins from key customer.

We upgrade our call to OUTPERFORM from MARKET PERFORM with a higher Target Price of RM3.00 based on higher 23x (previously 16.2x) rolled-forward FY22E PER, representing +2SD to 3-year mean.

Risks to our call include: (i) lower-than-expected orders (ii) higher input costs, and (iii) single customer concentration risk.

Source: Kenanga Research - 26 Feb 2021

ZaxKDash

15 posts

Posted by ZaxKDash > 2021-04-04 13:55 |

Post removed.Why?

Posted by diuleiloumei > 2021-04-05 22:34 | Report Abuse

Pls drop to below 2

HuatAh8809

355 posts

Posted by HuatAh8809 > 2021-04-07 18:15 | Report Abuse

Please drop as I wan to average down

Ivan89

1,479 posts

Posted by Ivan89 > 2021-04-08 09:38 | Report Abuse

Why no bonus issue announcement?

Post a Comment