support price 0.33 broken,bearish hammer last Tuesday and hangman on Thur/Friday has already warned. Best short term buy,0.30 and sell near 0.33,limited upside
Net cash increased to 10sen/share. Balance sheet gained further strength with net cash increased to RM92.5mn (equivalent to 10.2sen/share) in FY13 from RM61.9mn in FY12. This was more than sufficient to retire all short-term liabilities amounted to RM63.6mn. ROE improved further to 21.4% from 20.5% a year ago, resulting from marginal improvement in net margin. 50% dividend policy maintained. SKP has not proposed a final dividend for this quarter, pending the completion of audited account. In the results announcement, SKP reiterates that it will maintain the dividend policy to distribute a minimum of 50% of profit as dividend to shareholders. As such, shareholders can look forward for a final dividend of close to 1sen/share.
Increase ‘tradability’ of share. Note that the major shareholder of SKP, Dato’ Gan, has made several rounds of share disposals in the open market and through married deals this month. In total, he has disposed of close to 24.9mn shares (or 2.57% of total outstanding shares) at average price of 34.4sen/share last month. We consider the disposals as part of the plan to improve the group’s share free float level after the company issuing bonus shares (1:2 bonus issue) and free warrants (1:5 warrant issue) to shareholders in June-12. This will enhance the tradability of SKP shares and remove the liquidity discount attached to the share
steve jub, not rich la, coz i take profit when market peak kimlun, sendai, osk, malton, uchitec gimme quite a number of '000. finally got money to eat roti canai double up
SKP has not proposed a final dividend for this quarter, pending the completion of audited account. In the results announcement, SKP reiterates that it will maintain the dividend policy to distribute a minimum of 50% of profit as dividend to shareholders. As such, shareholders can look forward for a final dividend of close to 1sen/share.
sephiroth..can see u bought pohkong.....what happen to this counter?? or should we hold first...tired of the waiting game...what is your TP for pohkong?? tq..
rembell, i've already taken profit on pohkong first round bought 0.44 sold 0.51. 2nd round just keep for a while, gold price down a lot, hold first. as for skpres, i've taken profit 3 round, waiting to strike big at 4th round
joe2703, 0.32 is the best price currently,after ta rpt out yesterday, less ppl are selling and gkh have stop selling for a week(he's still selling warrant which is worthless)
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
ryan7642
1,998 posts
Posted by ryan7642 > 2013-06-03 09:51 | Report Abuse
temporary adjustment only i do believe do buy surely will bounce up soon:)