sure boh? this counter seems like very good. But is it a GORENG STOCK? macam kena goreng here and there. Chinese company? every year untung banyak, cheat account? haha? come on, give me some opinion, i am rookie.
Don't worry haikey, all of us here can attend the AGM this quarter to "ki chew" kick Dato Gan out of the board and sell all his asset as capital refund,I'm sure this the happy ending that everybody here in this forum hope for hehe...
This 1 have to check 1st whether IPO % flow at the market more or Dato holding % more,sometimes you also not realize that the public power is more stronger than few directors :)
Revenue for 3 years approximately 100mil,I'm pretty sure it is not bad for a 0.30++ company achievement.Quarter 1 still meet my average revenue so no big deal and keep climb hill haha...
Seasonality effect in 4QFY13. As compared to the preceding quarter, SKP’s 4QFY13 net profit dropped 27.7% due to higher labour cost. Meanwhile, revenue declined by a marginal 2.6% due to seasonality effect. Note that there were lesser work days in 4QFY13 in conjunction with Chinese New Year break.
1QFY14 earnings to normalize. SKP’s quarterly revenue slipped below the RM100mn mark for the last 2 conservative quarters. Besides the seasonal trend we highlighted above, we believe it could be due to offloading activities as Dyson, a major customer of SKP, bumped up its purchases before the opening of new stores in Shanghai and Beijing in November 2012 (see Chart 1). It may have already offloaded some of the stocks purchased in 3Q-4QFY13. As such, we expect sales for 1QFY14 to normalise to above RM100mn.
Sephiroth so what is your opinion regarding the value of this share? As to me at 0.32 is considered discounted price and if mid-term investor like me is worth to enter even it going up 2 - 3 cents is consider profitable at qty of 150 lots ~ But if still drop to 0.29 still can consider to buy in as no harm with its dividend yields compare to keep money at bank which yield nothing....
pandarian, 4th round bought at 0.30, fy14 est div is 2.6 sen giving a superb yield of 8.67%, if drop to 0.29 and below, i'm gonna top up big time due to the co strong balance sheet and also dyson china is doing well. dyson is a premium brand, china gdp of below 7.5% won't stop the rich from buying dyson product,in fact dyson is doing great in uk even in 2008
Ya agreed with you sephiroth ... a potential counter ~ to focus on certain potential growth share is better than buying many types but small qty which eventually not much earning~ anyway that is just my POV as i used to invest and thanks for sharing info
With the increasing value of British pound the overall operating cost of Dyson will be reduce drastically and manage to generate huge profit from the market,As his suppliers, don't need to mention more la,the big host is aiming at them :)
dyson is a good brand, most will agree. but what kind of a tie-up (sole parts supplier? contract manufacturer?) and how much influence does it have on skp's bottom line?
I'm sure it is sole parts supplier since Dyson quality requirements is very high.Basically they emphasis at the quality & precise parts and not about the price.That's why even when you purchase Dyson products at the market,I don't believe it will sell at offer price right.If still suspicious,have a visit to their products at lunch time.
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....
Steve Jub
4,203 posts
Posted by Steve Jub > 2013-07-12 15:16 | Report Abuse
can request him to go on holiday these 2 weeks? hehe