SKP RESOURCES BHD

KLSE (MYR): SKPRES (7155)

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Last Price

1.12

Today's Change

-0.01 (0.88%)

Day's Change

1.11 - 1.13

Trading Volume

495,500


27 people like this.

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

Frank Soweto

3,425 posts

Posted by Frank Soweto > 2014-01-16 09:21 | Report Abuse

where is sapi LOL

calow1

243 posts

Posted by calow1 > 2014-01-16 10:18 | Report Abuse

Thanks KC

taych

100 posts

Posted by taych > 2014-01-21 12:26 | Report Abuse

low vol. got any news wake up soon?

sephiroth

14,143 posts

Posted by sephiroth > 2014-01-21 15:00 | Report Abuse

huh, as expected, everybody kena trap with the 1 day clown show

林俊松

6,929 posts

Posted by 林俊松 > 2014-01-21 22:56 | Report Abuse

sephiroth, what is ur opinion on country view ya?

Posted by ephrath06 > 2014-01-22 11:06 | Report Abuse

I am curious why this stock has dropped so low? Is there any reason for the drop? Can we buy and keep now or will it drop further?

hornetsjet

340 posts

Posted by hornetsjet > 2014-01-23 23:09 | Report Abuse

Is it low? No catalysis.

kevin5059

933 posts

Posted by kevin5059 > 2014-01-24 11:25 | Report Abuse

I personally think that <0.30 is achievable.

anbz

5,163 posts

Posted by anbz > 2014-02-02 02:13 | Report Abuse

rhb said 20 cents..not 30 cents

林俊松

6,929 posts

Posted by 林俊松 > 2014-02-09 22:05 | Report Abuse

This counter is not moving totally~

metalmonk

174 posts

Posted by metalmonk > 2014-02-11 12:20 | Report Abuse

they need new catalyst or good news in sales.. its down and trading sideways due to 2QFY14 net profit fell 20.3% q-o-q and 39.2% y-o-y to MYR7.3m while sales dipped 2% q-o-q and 12.4% y-o-y as Dyson’s orders for vacuum cleaners slowed down.

With new regulations, min wage, their profit margin is hurt and unless their new quarter results shows growth, this stock will trade sideways.. but looking at dividend, this is a good long term stock to hold..

ryan7642

1,998 posts

Posted by ryan7642 > 2014-02-11 17:04 | Report Abuse

walao didn notice the rhb research so cruel to Skpress@@

Posted by billionhair > 2014-02-11 19:10 | Report Abuse

wt they hv comment to skpres ?

ryan7642

1,998 posts

Posted by ryan7642 > 2014-02-12 14:49 | Report Abuse

i mean their TP 0.2 which is dam fcking ridiculous==''

rlch

4,140 posts

Posted by rlch > 2014-02-12 21:05 | Report Abuse

Bought at 31sen; lower than Dato Gan 10million shares purchased at 32sen. Dividend announcement soon?
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1536605

sephiroth

14,143 posts

Posted by sephiroth > 2014-02-17 19:08 | Report Abuse

lau sai liau, profit drop kaw kaw

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1540869

Posted by UMNO2HANGUS > 2014-02-17 19:11 |

Post removed.Why?

林俊松

6,929 posts

Posted by 林俊松 > 2014-02-17 21:13 | Report Abuse

sephiroth, any opinion on the dividend?

hornetsjet

340 posts

Posted by hornetsjet > 2014-02-17 21:27 | Report Abuse

no dividend announced...gonna sell tomorrow.

林俊松

6,929 posts

Posted by 林俊松 > 2014-02-17 21:29 | Report Abuse

hornetsjet, eh hello pls check.
Every year they announce it on 1st week of march lah.
Or else why these few days director keep eating 10 million shares per day?

sephiroth

14,143 posts

Posted by sephiroth > 2014-02-17 22:25 | Report Abuse

林俊松, 9M14 EPS 2.43 sen assuming final qtr 0.8 sen,

est fy14 eps 3.2 sen, 50% payout = 1.6 sen dividend (interim 0.8 sen final 0.8 sen)

btw i sold this counter already after making 6 rounds of 3 sen profit. 7th round kinda break even with losses = brokerage fee

Posted by callmehorny > 2014-02-18 11:33 | Report Abuse

Buy call by TA...

hornetsjet

340 posts

Posted by hornetsjet > 2014-02-18 21:06 | Report Abuse

TA TP dropped from 0.65 to 0.49 in just 5 months. Not reliable at all...

Posted by TonsilBasher > 2014-02-19 08:06 | Report Abuse

latuk gan profit margin significantly dropped... future growth? anyone?

ryan7642

1,998 posts

Posted by ryan7642 > 2014-02-19 19:00 | Report Abuse

wow TP even lower rm0.18 wtf rhb==''

Posted by callmehorny > 2014-02-20 09:29 | Report Abuse

rhb....s..uuu c kiiiii

Posted by Alex Leow Sze Shen > 2014-02-20 09:34 | Report Abuse

SKPRES sudah tak boleh, profit every quarter also drop! Look for other options for now :)

Posted by olehlehshare > 2014-02-20 13:31 | Report Abuse

RHB tak gam with Skpres boss is it? always give lower TP...

zKingDB

763 posts

Posted by zKingDB > 2014-02-20 15:12 | Report Abuse

Alex, u Sold all? Both of us seem like holding since laast year..... No Angpao from SK anytime soon.
>.<

Posted by TonsilBasher > 2014-02-20 15:44 | Report Abuse

latuk gan very weak liao. tongkat ali pun x pat angkat lo

hornetsjet

340 posts

Posted by hornetsjet > 2014-02-20 17:35 | Report Abuse

I'm not able to sell today, but lucky still got support buyers.

kevin5059

933 posts

Posted by kevin5059 > 2014-02-21 18:18 | Report Abuse

Guys, just my 2 cents.

this counter is a very solid counter in term of cash flow and management.

-If assume that the next coming EPS is bad, around 0.5sen, then the PE is 10.42 according to today price @0.305.
-Then the dividend is around 1.5sen, which is around 4.9% DY.
-Cash in hand 0.11sen, NTA=0.24.
-In the Asset, the price for the land owe by SKPRES is only around RM38 per square feet.
-Consistently spend in capital expenditure (meaning buying machine, asset and property) to expand the business to cater for bigger business.
-Dato' Gan own deem/direct 60%++ mother and 16%++ warrants.
-Tabung Haji own 10% mother share (estimated bought at 0.345), they need to sell it in 6 months time.

To play safe, buy <0.30 or lower. Once the business come back, it will shine again.

wee888

303 posts

Posted by wee888 > 2014-02-22 10:04 | Report Abuse

Certainly will add more shares if <0.30.

Yuming

548 posts

Posted by Yuming > 2014-02-25 14:26 | Report Abuse

i hate skpres too much

Posted by Alex Leow Sze Shen > 2014-02-25 14:30 | Report Abuse

zKingDB...I sold quite long time ago ady! Now going for Inari! :)

bing

3,794 posts

Posted by bing > 2014-03-13 22:28 | Report Abuse

Why? Why?? Mr Directors, why???

bing

3,794 posts

Posted by bing > 2014-03-16 09:48 | Report Abuse

Price up lah please!!!

Posted by olehlehshare > 2014-03-20 08:37 | Report Abuse

Zzzz...

tomanhead

601 posts

Posted by tomanhead > 2014-03-21 14:49 | Report Abuse

more up....more up....more up!!!

Posted by Alex Leow Sze Shen > 2014-03-23 01:53 | Report Abuse

Last time is my favourite counter of all time...good profit and good management....now this counter is just like shit with reversal of the mentioned! I will never buy SKPRES anymore!

john888

134 posts

Posted by john888 > 2014-03-24 18:57 | Report Abuse

SKPRES is time to rebound ..

Posted by Alex Leow Sze Shen > 2014-03-24 19:01 | Report Abuse

long time sleep giant, now and ever!

john888

134 posts

Posted by john888 > 2014-03-24 20:57 | Report Abuse

Sleeping giant wait up soon ....

bing

3,794 posts

Posted by bing > 2014-03-24 20:59 | Report Abuse

Hopefully!

fortunebullz

2,000 posts

Posted by fortunebullz > 2014-03-26 13:21 | Report Abuse

If you still stuck here, best to shift your capital to Asiapac! By year end, you are looking at 50 cents Asiapac and Skpress remain the same! I am not here to offend anyone! My honest view!

wee888

303 posts

Posted by wee888 > 2014-03-26 21:12 | Report Abuse

Your view noted.

Angangang

64 posts

Posted by Angangang > 2014-03-28 21:18 | Report Abuse

That pursuant to Paragraph 10.08(1) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of SKPRES is pleased to announce that SSKPI, the wholly-owned subsidiary of the Company, had on 28 March 2014 entered into a Sale and Purchase Agreement (“SPA”) with Brand Origin Sdn. Bhd. (Company No. 1049034-T) of 5A, Jalan Cucur, Taman Sri Jaya, 83000 Batu Pahat, Johor (“the Vendor”) for the purpose of purchasing a piece of 60 years leasehold land held under PN No. 39897, Lot 75069, in the Mukim of Kulai, District of Kulaijaya, Johor measuring approximately 2.023 hectare with the lease period expiring on 31 March 2066 (hereinafter referred to as “the Land”) for a total purchase consideration of RM6,795,000/- (Ringgit Malaysia: Six Million Seven Hundred and Ninety-Five Thousand) (“Purchase Price”) only (“Proposed Acquisition of Land”), upon the terms and conditions as stipulated in the SPA.

Please refer to the attachment for details of the announcement.

This announcement is dated 28 March 2014.

Posted by Alex Leow Sze Shen > 2014-03-29 11:50 | Report Abuse

no point buy now, just buy land and they spend even more...not good news, sell!

john888

134 posts

Posted by john888 > 2014-03-30 11:36 | Report Abuse

Sale increasing due to World Cup 2014.......

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