Posted by MiaoMiao7 > 2021-05-21 10:20 | Report Abuse

As the letter shown, only ATA got problem and this CBP thing as shown by TG can last for a long time.

SKP bosses are good people, so far dont think they are in trouble. So this means there is a possibility dyson might divert their orders to SKP and VS. just like how hartalega and supermax benefited from TG CBP issue.

Posted by Alex Leow Sze Shen > 2021-05-21 14:42 | Report Abuse

KUALA LUMPUR: The annual multiple audits on Malaysia's contract manufacturers' (CMs) value chain to ensure adherence of labour laws should not deter the electronic manufacturing sector (EMS).

Affin Hwang Investment Bank Bhd said EMS players (including at the customer level) had shown strong emphasis on staff welfare such as providing a comfortable worker accommodation environment, and bearing foreign labour recruitment fees and levies.

Affin Hwang analyst Tan Jianyuan said EMS players had taken a heavy beating yesterday on speculation that migrant worker rights activist Andy Hall was looking to assess the sector on any potential labour mistreatment issues.

This resulted in the share prices of ATA IMS Bhd, SKP Resources Bhd and VS Industry Bhd reacting negatively, declining by 18 per cent, 13 per cent and 7.0 per cent respectively.

"From our multiple channel checks, we gather this has indeed happened but with the issue targeting the 'main customer level' rather than the CM," he said in a research note today.

One of the CMs was approached by Hall but had subsequently diverted this issue to its customer, according to Affin Hwang's internal sources.

It added that the the current underlying concerns would lie in the possibility of a repeat of Top Glove's detention orders by the United States (US) Customs and Border Protection (CBP).

"All the CMs nevertheless were unable to guide on their revenue exposure to the US.

"However, we believe the 'main customer' being established in the United Kingdom (UK) is likely to have adopted and adhered to stringent labour laws," he said.

Affin Hwang has maintained an overweight call on the sector with a lower our target price earnings ratio (PER) multiples on both VS and ATA to 18 times from 26 times, and MTAG Group Bhd to 14 times from 17 times.

This was given the short-term overhang until better clarification from companies and with the fragile market sentiment.

Key risks to the call include full country wide lock down affecting production and earnings and worsening global economic environment leading to slow er recovery and weaker demand for consumer appliances.

"We lower our target price on VS to RM1.64 (post bonus issue), ATA to RM3.06 and MTAG to RM0.99.

"We continue to like the EMS sector as we believe there is no change in fundamentals."

Tan said the escalation in the trade war would continue to see multinational corporations shifting their operations out of China, benefiting local EMS players.

"More importantly, we remain positive on the longer-term demand trend for consumer appliances due to higher expectations towards a better quality of living."

Affin Hwang said yesterday's sell-down, combined with the bad market sentiment as a good opportunity to bargain-hunt on these bashed down stocks.

"Sector EPS is still poised to grow at 22 per cent in 2022 driven by secured pipeline, coupled with long-term positive product demand prospects."

However, it has lowered the sector PER multiple, reflecting the looming uncertainty.

Posted by Alex Leow Sze Shen > 2021-05-21 15:41 | Report Abuse

very active today 200K shares tarded

Posted by orest_ET > 2021-05-21 21:30 | Report Abuse

Today's rebound trend is fantastic, Keep it up !!

Posted by James Ng > 2021-05-23 19:29 | Report Abuse

https://klse.i3investor.com/blogs/general/2021-05-23-story-h1565211354.jsp
[转贴] [Video:浅谈SKP RESOURCES BHD, SKPRES, 7155] - James的股票投资James Share Investing

Posted by msbr91 > 2021-05-24 12:25 | Report Abuse

WB is very attractive price.

Posted by Alex Leow Sze Shen > 2021-05-24 15:10 | Report Abuse

WB goreng today! I bought at 0.105 last week.

Posted by Alex Leow Sze Shen > 2021-05-25 14:36 | Report Abuse

keep going today!

Posted by OldWiseMan100 > 2021-05-25 14:48 | Report Abuse

Buy SKP... soon all ATAIMS product will be banned by USA and Dyson got no choice but to outsource majority to SKP.

Posted by Alex Leow Sze Shen > 2021-05-25 15:57 | Report Abuse

hope for the best for skp :) ATAIMS and VS is SKP rival, but all have dyson contract.

Posted by HrryPttr > 2021-05-27 09:23 | Report Abuse

Son very strong

Posted by Alex Leow Sze Shen > 2021-05-27 09:27 | Report Abuse

yes. up a lot today! Highest is 0.205!

Posted by Alex Leow Sze Shen > 2021-05-27 16:56 | Report Abuse

Heavy buying on SKPRES at 1.58! Good qtr report maybe out today or tomorrow.

Posted by orest_ET > 2021-05-27 22:42 | Report Abuse

Good Good, slow rebound every day, let every shareholder can sleep peacefully lol

Posted by DreamHunter > 2021-05-27 22:43 | Report Abuse

ha ha ha

Posted by DreamHunter > 2021-05-27 22:43 | Report Abuse

yah kah

Posted by DreamHunter > 2021-05-27 22:43 | Report Abuse

sure boh

Posted by Alex Leow Sze Shen > 2021-05-27 22:43 | Report Abuse

yalah! tomorrow 1.60 above ady!

Posted by DreamHunter > 2021-05-27 22:44 | Report Abuse

thee hee hee

Posted by Alex Leow Sze Shen > 2021-05-27 22:45 | Report Abuse

stop spamming lah Dreamhunter!

Posted by DreamHunter > 2021-05-27 22:45 | Report Abuse

okay lor

Posted by DreamHunter > 2021-05-27 22:46 | Report Abuse

gua vely stressed up from mco lor

Posted by DreamHunter > 2021-05-27 22:47 | Report Abuse

wanna go hv massage in spa also cannot leh

Posted by DuitGeli2 > 2021-05-28 17:00 | Report Abuse

Why big drop today? Any news?

Posted by Alex Leow Sze Shen > 2021-05-28 17:46 | Report Abuse

T+3 today

Posted by toto > 2021-05-28 17:47 | Report Abuse

Yalor, Why today drop so 可怕 one?? QR no good ah????

Posted by Alex Leow Sze Shen > 2021-05-28 20:43 | Report Abuse

Market will crash on Monday I think due to the lockdown of economics sector.

Posted by Bullbursa > 2021-05-28 21:34 | Report Abuse

Opportunity to buy at lower price

Posted by Alex Leow Sze Shen > 2021-05-28 21:37 | Report Abuse

agreed also! Time to sell and buy low!

Posted by DuitGeli2 > 2021-05-28 21:55 | Report Abuse

No need to sell... The most avg down

Posted by Alex Leow Sze Shen > 2021-05-28 22:12 | Report Abuse

good idea also, avg down! Summore wrong timing SKP if announce annual report next monday

Posted by DuitGeli2 > 2021-05-30 17:55 | Report Abuse

Means SKPRES can operate since under electrical & electronics with latest SOP

Posted by very_goat > 2021-05-30 19:45 | Report Abuse

封城仅17关键领域运作，限12类工厂营运
---------------------------------------------------------
https://www.malaysiakini.com/news/576787

Posted by Alex Leow Sze Shen > 2021-05-30 20:42 | Report Abuse

but SKP is factory, that list is for non-kilang

Posted by DuitGeli2 > 2021-05-30 21:16 | Report Abuse

During the national lockdown period, all industries or factories were not operational, and only the factories involved in the following 12 items were operational.

Only 60% of employees are allowed to work in factories that are permitted to operate.

1. Aviation industry (including components, maintenance and repair)

2. Food and drink

3. Packaging and printing materials (only food and health materials are involved)

4. Personal care products and washing products

5. Health and medical products (including meal replacements)

6. Personal care products, personal protective equipment (PPE), such as rubber gloves and fire safety equipment

7. Medical equipment components

8. Electrical and electronic equipment (key industries in the world's global economic chain)

9. Oil and natural gas (including petrochemical and petrochemical products)

10. Machinery and equipment (only related to health and food)

11. Textiles used for personal protective equipment

12. Production, distillation, storage, supply and distribution of fuels and lubricants

It does mentioned factories

Posted by Alex Leow Sze Shen > 2021-05-30 21:25 | Report Abuse

thanks for the information.

Posted by Alex Leow Sze Shen > 2021-05-30 21:31 | Report Abuse

hopefully SKP can operate so that they can still operate!

Posted by SmartInvestor8877 > 2021-05-31 13:19 | Report Abuse

Electrical and electronics industry machinery and equipment are among 18 manufacturing, MRS,EMS sectors allowed to operate during MCO, says MITI

Posted by Alex Leow Sze Shen > 2021-05-31 22:12 | Report Abuse

almost all dog shit sampah industry also can operate!

Posted by DreamHunter > 2021-05-31 22:15 | Report Abuse

ha ha ha

Posted by DreamHunter > 2021-05-31 22:15 | Report Abuse

yah kah

Posted by DreamHunter > 2021-05-31 22:15 | Report Abuse

sure boh

Posted by slts > 2021-06-01 00:34 | Report Abuse

why Q4 result not announce?

Posted by Alex Leow Sze Shen > 2021-06-01 11:17 | Report Abuse

could be today i guess

Posted by Alex Leow Sze Shen > 2021-06-01 17:23 | Report Abuse

I checked back the QR last year, only end of June only out for Q4.

Posted by OldWiseMan100 > 2021-06-03 18:07 | Report Abuse

QR out liao.... PBT 38m NP 30m

Posted by Powerplay666 > 2021-06-03 18:32 | Report Abuse

What an outstanding qr performance from SKP! Hold on tight to your ticket!

Posted by sinyingfong > 2021-06-03 18:34 | Report Abuse

https://www.klsescreener.com/v2/news/view/836917

Posted by boboiboy400 > 2021-06-03 20:46 | Report Abuse

KUALA LUMPUR: SKP Resources Bhd posted its highest ever annual revenue of RM2.3bil in the year ended March 31, 2021 (FY21) driven by strong demand from existing key customers and improved cost control.

The electronics manufacturing service (EMS) company said net profit jumped 65% to RM128.3mil. or 10.2 sen a share.

"Notwithstanding the current market conditions, the Group continues to receive enquiries from both existing and potential new customers for new projects," SKP said in a filing with Bursa Malaysia today.

"Prospects remain good and the Board is optimistic and expects to achieve profit growth for the financial year ending March 31, 2022," it added.

SKP said the group is strategically well positioned in the EMS industry and continue to pursue opportunities to grow its market share from existing customers.

"We will continue to expand our PCBA, injection moulding and engineering capabilities to take advantage of a widened product portfolio," SKP said.

"The PCBA division has started to contribute positively to our group revenue and earnings and it is currently working on several new products to cater for our own in-house consumption," it added.

Posted by Alex Leow Sze Shen > 2021-06-03 22:15 | Report Abuse

QoQ drop 30% but YoY soared 336%