Posted by KC Loh > 2013-11-22 11:12 | Report Abuse

your remisier RHB ka?
http://klse.i3investor.com/blogs/rhb/41676.jsp

Posted by Hustle > 2013-11-22 11:12 | Report Abuse

atta I think you better trade by yourself rather than listen..listen...listen to your remiser,since the TP indicated that Dyson is going to Holland hehe.

Posted by Fortunebull > 2013-11-22 11:13 | Report Abuse

Well, arm chair investor also wrong about this counter!

Posted by Hustle > 2013-11-22 11:14 | Report Abuse

I'm sure it it is not RHB possibly BNM hehe...

Posted by Hustle > 2013-11-22 11:15 | Report Abuse

That's why all become wheel chair investors liao.

Posted by KC Loh > 2013-11-22 11:16 | Report Abuse

Posted by Fortunebull > Nov 22, 2013 11:13 AM | Report Abuse
Well, arm chair investor also wrong about this counter!

someone here has a propensity to start war with kcchongnz, then later try to be a goody-two-shoes in saying that he was picked on! wonder if he gets a high from crying?

Posted by sephiroth > 2013-11-22 11:18 | Report Abuse

guys pls follow rhb and sell to tp 20, i'll be waiting to sapu

Posted by KC Loh > 2013-11-22 11:19 | Report Abuse

just to add

Stock: [SKPRES]: SKP RESOURCES BHD
Nov 4, 2013 11:19 PM | Report Abuse

Christopher! I have yet to buy SKPress as I have made several switching from one counter to another within 3 months period! If I have park my 35 thousand on SKPress for that 3 months period, I would have lost the chance to make so much! I am quite angry with KCChongnz for not wanting to listen to others as he's word is undisputed! There's no point explaining to him at all! For instead KFima has been discussed that its on downtrend, and if you park 19 thousand in KFima, you would have lost the opportunity to make so returns from other uptrending counters! And I am very sure that KCChongnz would only take the chance to showoff his FA ability and completely rubbish TA! I am not here to be smart! I am here to make money!

Posted by Fortunebull > 2013-11-22 11:19 | Report Abuse

Kcloh! No one wants to fight with you anymore! Even bullbear completely ignore your call for fight! I know skpress is your baby!

Posted by KC Loh > 2013-11-22 11:19 | Report Abuse

sephiroth, i am with you! :)

Posted by KC Loh > 2013-11-22 11:21 | Report Abuse

Posted by Fortunebull > Nov 22, 2013 11:19 AM | Report Abuse
Kcloh! No one wants to fight with you anymore! Even bullbear completely ignore your call for fight! I know skpress is your baby!

define anymore

Posted by JayC > 2013-11-22 11:22 | Report Abuse

1.revenue is still above RM100 million for Q2.
2. EPS is same as 4Q13 of 0.8 cents
Even when earning were weak during 4Q13, price only went down to RM0.30

How the hell did RHB get 0.20 fair value?

Posted by Fortunebull > 2013-11-22 11:22 | Report Abuse

Enjoy quarraling with yourself! Theres no prize!

Posted by Hustle > 2013-11-22 11:22 | Report Abuse

KC...shhh temporary let Fortunebull replace BB responsible here.

Posted by papaya > 2013-11-22 11:22 | Report Abuse

hahaha.....very hard to go up.....but easily sliding down...

Posted by tsejuie > 2013-11-22 11:22 | Report Abuse

"I am not here to be smart! I am here to make money!"

Don't know who said that, but I'm sure whoever it is will not be able to hold on to the money made for very long.. hahaha..

Posted by KC Loh > 2013-11-22 11:22 | Report Abuse

JayC, you must ask what is the motive of RHB in the first place

Posted by KC Loh > 2013-11-22 11:24 | Report Abuse

Posted by Hustle > Nov 22, 2013 11:22 AM | Report Abuse
KC...shhh temporary let Fortunebull replace BB responsible here.

pointing out only! he like accusing people and jumping to conclusion. nothing wrong with that. freedom of expression still exist in Malaysia! :)

Posted by olehlehshare > 2013-11-22 11:26 | Report Abuse

this counter still got hope? anyone?

Posted by Hustle > 2013-11-22 11:26 | Report Abuse

Papaya...you come to squeeze papaya milk ka?

Posted by Fortunebull > 2013-11-22 11:27 | Report Abuse

I always say this counter is fix deposit! It no longer hold true! It already capture many involuntary long term shareholders!

Posted by KC Loh > 2013-11-22 11:27 | Report Abuse

ok la boss hustle, me going out for breakfast! shhhh first! WC calling! LOL

Posted by Hustle > 2013-11-22 11:28 | Report Abuse

Take you time KC let's some expert do the job 1st hehe.

Posted by tsejuie > 2013-11-22 11:31 | Report Abuse

Amazing isn't it.. Just a few so-called "bad" quarters and suddenly the TP from RHB is 20 sen. For a company that is still generating profits, still generating cash and has a dividend policy in place. Looks like RHB has a very short term view on stocks.

Go on, let it drop below 30 sen, I shall be more than happy to accumulate more. Even at todays price I am still making profits and getting a damn good yield on dividends.

Posted by Fortunebull > 2013-11-22 11:35 | Report Abuse

Tsejue! You still living in denial! Dont bring others with you! Buy all Skpress and enjoy wacking yourself!

Posted by haikeyila > 2013-11-22 11:37 | Report Abuse

doubt if this counter will appaear again in the Forbes 200

Posted by tsejuie > 2013-11-22 11:39 | Report Abuse

Well, I didn't ask anyone to buy with me, just said that I want to accumulate. Yup, still living in denial. Living in lala-land. A very nice place it is too.

Just to satisy Fortunebull lest I get blamed for asking people to buy, "Do not buy SKP Res!"

Posted by haikeyila > 2013-11-22 11:42 | Report Abuse

during good times the price was 'controlled' from spiking, now let's see if the price will be held back from sliding, lol.

Posted by hornetsjet > 2013-11-22 11:44 | Report Abuse

Lets see what TA target price...my TP is 0.30 since loyalty of customer

Posted by ipomember > 2013-11-22 11:49 | Report Abuse

fair judgement from haikeyila. agree

Posted by sephiroth > 2013-11-22 11:55 | Report Abuse

Beyond Imagination busy collecting???

Posted by JayC > 2013-11-22 12:04 | Report Abuse

1. RHB has always been the most pessimistic among all the research house
2. They even get the DPS of 2013 wrong @ RM0.01. The correct figure is RM0.022
3. They did not even mentioned anything about SKP expension.

Lets wait for TA research on SKP resource

Posted by sephiroth > 2013-11-22 12:09 | Report Abuse

Shareholders
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1436213
GKH 59.51%
GPS 21.01%
LTH 10.0%

These top 3 still holding and won't be selling anytime soon

Posted by TonsilBasher > 2013-11-22 12:32 | Report Abuse

I sold all my shares. Go for other winning horses.

Posted by wwwcomment > 2013-11-22 13:52 | Report Abuse

I sold half. Willsell the other half before closing today. A bit disappointed with this counter.

Posted by necro > 2013-11-22 14:41 | Report Abuse

Saham yang setakat ni IB tak bagi SELL CALL is SKPETRO....
kah kah kah

Posted by jennylee1382 > 2013-11-22 17:31 | Report Abuse

sephiroth any stocks can buy, i want to follow you. TQ

Posted by StockLearner > 2013-11-22 18:58 | Report Abuse

I sold all my skpres holdings. Why?

After I read through the whole quarterly report, I found out that the net profit margin has dropped to 7% instead of 9% net profit achieved earlier. Worse still, I found out that this counter never explained clearly why it dropped to 7%.

Remember 1 thing: when a stock starts to decline its price, the 1st indicator is the drop of net profit margin. I lose a lot because I knew that the sales will improve with Dyson's more outlets opening. But my calculation never factor in drop of net profit margin. Something happens to this counter.

I am afraid that this counter may lose out the bargaining power with its customer to increase its selling price especially when Tenaga to up its electricity charges. Remember: electricity costs 8% to 10% of total cost, according to TA Analayst. This will put more salt on this stock if it can't pass the increasing cost to its customers.

Manufacturer counter is always like that. Once it loses its cost competitiveness & with no high technology, hardly imitable to protect iteself, sooner or later, it will lose out its profit margin. I believe skpres counter can still sustain its sales volume, but the drop in profit margin will never, ever pull up the share price a lot unless its sales volume improved much significantly than the drop of its profit margin.

Bro & sis, take care. I stop sailing with this boat.

Technically, this stock again loses out its support line formed since 27th June 2013. This counter will likely test its strong support line at RM0.29 to RM0.30 in the near future.

Again, this time skpres is different with earlier drop. This time, the net profit margin dropped hugely to 7%, unlike other time whereby the drop is on sales volume, not profit margin.

be alert... be alert... be alert...

Posted by Zull Imah > 2013-11-22 19:06 | Report Abuse

The stock price moves up and down, but it finally returns to its true value.

Posted by Fortunebull > 2013-11-22 19:31 | Report Abuse

Dyson is not a popular brand here! And there's many imitation of Dyson product especially its famous vacuum and bladeless fan!

Posted by wwwcomment > 2013-11-22 22:55 | Report Abuse

Have dispose all before closing, cut loses...

Posted by ipomember > 2013-11-22 22:59 | Report Abuse

@stocklearner

i like how u analyse on manufacturer counters, the bargaining power of supplier or customers, which side is stronger? if the cost can't be transferred, the manufacturer side is facing big problem. if like you said(in fact i dont read the report, i sold off mine much earlier and not really follow the company), inside the report there is no explanation on why the profit margin dropped, it signifies that skpr is poor in doing reporting to shareholders, one of the examples of bad corporate governance. One should take this serious especially when the company is not doing well(undeniably it showed good result past few years). i sold off mine because i think the venture of dyson into china is not "optimistic". e-commerce in China is growing with super fast pace, their property market is doing well too. It is hard to convince me that dyson can do well in China, and they want to expand with open more outlets? The e-commerce will take the retailer business,(like we see the failure of tesco, parkson, wallmart at china?), the higher rental will drag down dyson too. If dyson not doing well, how can SKP can do well when the later derives 50% of revenue from dyson? Not to mention about how "smart" china man in making counterfeit product.

Posted by ipomember > 2013-11-22 23:08 | Report Abuse

Regardless of what, if one is bullish on SKP future performance, he/she might as well make their own judgement, after all investment is very subjective

Posted by KC Loh > 2013-11-24 13:43 | Report Abuse

I have this sneaky feeling the Gan family will allow the stock price to float according to value once short term investors finished their selldown. Looking at how they block the price from sliding down with their massive holding says a lot. Gan has proven to be a veteran in stock market and a decisive manipulator. Ah, the power of ultimate holding!

As usual, don't shoot the messenger! :)

Posted by Fortunebull > 2013-11-24 13:53 | Report Abuse

Ok! I buy skpress!

Posted by Fortunebull > 2013-11-24 13:54 | Report Abuse

Will wait patiently at 20 cents!

Posted by JT Yeo > 2013-11-24 14:10 | Report Abuse

@fortunebull i suppose your switching here and there strategy and doubling return should allow you to best Warren Buffett's record and wealth very quickly

Posted by Fortunebull > 2013-11-24 14:21 | Report Abuse

Jt yeo! Opportunity cost! Lately holding cash now! Only holding myeg and some hibiscus! Waiting for good opportunity or megasales in bursa! Now with thin volume, counters tends to drop suddenly!

Posted by JT Yeo > 2013-11-24 19:24 | Report Abuse

drop is a good thing, you should buy more when it drops.

Posted by TonsilBasher > 2013-11-25 08:15 | Report Abuse

http://www.theedgemalaysia.com/business-news/264415-rhb-research-downgrades-skp-resources-to-sell-slashes-fair-value-.html