Hello yungdai2, pls learn 1st before u post- -Mother share - RM 0.625 - Warrant- RM 0.220 - Exercise price: RM0.55 (after 27/6/14 from 0.45) - Conversion ratio: 1 warrant for 1 share - Expiry date: 27/06/2017 - Gearing: 2.84 (0.625/0.220) The higher the gearing, the higher the leverage (higher potential gain/lost) - Premium: 23.2% [(0.55+0.220- 0.625)/ 0.625] x 100. The lower the premium, the "cheaper" is the warrant
Dyson fan is fantastic revenue generator.....funky, must have creative fans....got no blades. The new factory if build and coming into operations....will start printing money next year. Keep and take dividends....
SKP RESOURCES (SKP MK) On Track To Achieve Greater Heights We took SKP on a roadshow in Singapore. SKP is confident of a 3-year net profit CAGR of 23-30%, driven by capacity expansion. Order visibility is good and SKP is benefitting from a global demand recovery for premium consumer electronics, and MNCs' partial plant relocation to ASEAN from China. Despite a 59% price rally since our initiation on 12 May 14, the shares still offer good long-term returns as the company continues to improve on its electronic manufacturing services capabilities. BUY on weakness and upgrade target price to RM0.65. WHAT’S NEW Upgrade target price to RM0.65 (from RM0.55) as we lift our FY15-16 net profit forecasts by 6-8% and fine-tune our valuation to 11x 2015F PE, from 10x 2015F PE. Our upgrade reflects strong orders and earnings visibility (it is on track of completion of its new plant by Sep14 to produce new products) and high cash pile of RM77m- 114m (8.6-9.8 sen/share) in FY15-17, even after taken into account RM41m to be used in major capacity expansion. Expecting firm qoq earnings improvement in1QFY15. After SKP’s business showed signs of recovery last quarter, SKP is expected to deliver a more promising 1QFY15 with an 13-18% qoq net profit growth, mainly aided by better orders from its main customer, Dyson. Management also guided that the consumption recovery in western countries and Japan have also led to improved orders from other customers. To recap, SKP experienced a setback in 2QFY14 and 3QFY14 due to softer demand from Dyson and unfavourable product-mix sales (higher proportion of sales of low-margin products). To achieve greater height in 2H14, underpinned by new capacity. Construction of its is on schedule to complete by Sep 14. Once its new capacity comes on stream by 3QFY15. SKP will see a more significant growth as this capacity is planned specifically for Dyson’s other products segment, which SKP is currently not involved in. This major expansion will see SKP’s capacity ramp up by 75% over the next three years, ie 25% additional capacity per year.
SKP Resources (SKP MK) - Technical Buy on weakness Last price: RM0.595 Resistance: RM0.635, RM0.70 Support: RM0.54 BUY on weakness with a target price of RM0.70. Since our BUY call on 12 May 14 at RM0.375, share price has hit a new high of RM0.635 on 9 July, giving a return of 58.7% to-date. Although SKP continued to climb along a steeper uptrend line, profit-taking in the last three days may drag share price lower amid lack of buying interest. Additionally, weakening buying momentum could pull the stock towards the 50.0% Fibonacci retracement level in the near term. Nevertheless, we remain optimistic over the long term as the stock is still trading in an uptrend. We recommend investors accumulate at the RM0.54-0.57 range. We expect share price to recover once selling pressure normalises. Stop-loss can be placed at RM0.53.
Anyone can emphasis on the announcements made by skpres and tecnic respectively on 18.4.2014, same person (Dato Gan) holding the majority sahre of the campany?
Now many analyst sees the captive market SKPRes has for Dyson products... Selling like hot cakes. Since OEM products, all that is manufactured....is considered sold. When new plant comes into production by year end, revenue, PBT, reserves, EPS all balloon.. So TP0.75 - 0.77 not surprising...They way it goes RM1.00 can be a possibility as the new factory is adding huge additional revenue with guarantee margins...
The blade-less fans are eye catching. The selling point is safety ...no worries about blades cutting accidentally...Not noisy, very silent ....good for sleep..Plant capacity gets filled up very fast....
Actually, you can try to quee at preorder That time, 500 lots selling @ 0.20 and I queed 400 lots 0.205, so I cut quee 0.20 so matched 0.20 400 lots. but if that time someone queed another buy 101 lots made it total 501 lots @ 0.205, price would be matched 0.205. so, must play technically and luck loh.
Two years ago a forumer shrekk keep calling and shouting to buy skpres in this forum when its price was hovering around 0.30+ but he was laughed at although he knew the hidden secret of this stock and never sold a single cent. At current price of 0.60+ that moment will just be a history when people still talking and hesitating to buy or not to buy while the early birds already laughing all the way to the bank. That's the mentality of buy high sell low. Good luck guys..
so u r based on chart, right? actually my best friend working in skpre Batu Pahat and the time he bought at 0.08 that time. he has kept asking me to buy but I don't believe on it. Now, he urge me to buy as many as I can, I am still hesitate to take more. But anyway, 700 lots with me now currently.
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....
billionhair
959 posts
Posted by billionhair > 2014-07-09 11:34 | Report Abuse
skpwa is going to break 0.30 very soon !!