SKP RESOURCES BHD

KLSE (MYR): SKPRES (7155)

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Last Price

1.13

Today's Change

+0.02 (1.80%)

Day's Change

1.10 - 1.14

Trading Volume

3,554,500


27 people like this.

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

Alvin Tan

59 posts

Posted by Alvin Tan > 2014-09-30 08:32 | Report Abuse

tpchuayap - I have made a big mistake on this counter... accidently sold half of the share when the price increased, due to I have set my upper limit at 0.65... never expected it will increased so fast yesterday, no chance at all to cancel the selling order :(

Anyway, I am still holding on SKPRES and some other counters in my portfolio. AsiaPac, Matrix & Padini. All are for long term investing. Expected by year end will having good gain from those counters.

P/S: Above comments are for reference only. Please do your fundamental study and do investing at your own risk.

tpchuayap

855 posts

Posted by tpchuayap > 2014-09-30 09:10 | Report Abuse

@Alvin, thanks, I am holding currently holding Padini and Asiapac too.

dragonlim

412 posts

Posted by dragonlim > 2014-09-30 10:10 | Report Abuse

Anybody could advise that how long will be the suspension, 1-day?

shlang17

98 posts

Posted by shlang17 > 2014-09-30 10:50 | Report Abuse

no idea, just know i play control yesterday then after T3 i no money to pay...... can't sell kanasai liao...

yloon

63 posts

Posted by yloon > 2014-09-30 12:53 | Report Abuse

broker will force sell your other share lor. if no other share kena penalty or interest. so noneed kanasai one... :)

shlang17

98 posts

Posted by shlang17 > 2014-09-30 13:21 | Report Abuse

omg, like that no other share on hand also ler, sure kena penalty or interest kao kao lo....cry untill mother also can't recognize ler.....

ronaldo96

763 posts

Posted by ronaldo96 > 2014-09-30 15:36 | Report Abuse

news out ?

8524sa

41 posts

Posted by 8524sa > 2014-10-01 07:48 | Report Abuse

today, what will going on......

speakup

26,818 posts

Posted by speakup > 2014-10-01 07:48 | Report Abuse

probably sell on news?

gnail

343 posts

Posted by gnail > 2014-10-01 08:51 | Report Abuse

announcement should be out on thursday.

tpchuayap

855 posts

Posted by tpchuayap > 2014-10-01 09:09 | Report Abuse

Good luck

shlang17

98 posts

Posted by shlang17 > 2014-10-01 10:07 | Report Abuse

if merger price sure hiking up 1...dun worry....water fish ler... after price jump then sold... earn money

kptMx

573 posts

Posted by kptMx > 2014-10-01 10:39 | Report Abuse

If you consider the situation of Scientex as similar, then you could expect the bigger company to go higher in prices. In the case of Scientex, after purchasing GWall, it went from about 2.50 to its current price of 7.50, all in less than 9 months and analysts are expecting higher. Of course, Scientex and Skpres are different but Skpres-Tec merger bears similarity in terms of synergy , efficiency, integration etc2

Posted by uchitech008 > 2014-10-01 11:08 | Report Abuse

kptMx, I do agree your points. But 1 thing scientex different with skpre is scientex has been venturing into property market few years ago and property division become major profit contributor. Anyway, 2 become 1 is a better choice if it is effective and efficient.

kptMx

573 posts

Posted by kptMx > 2014-10-01 11:09 | Report Abuse

yes, uchitech, thank you.

Posted by uchitech008 > 2014-10-01 11:27 | Report Abuse

you r welcome. we r all sharing and learning here.

aa111111

583 posts

Posted by aa111111 > 2014-10-01 19:16 | Report Abuse

When it will uplift their suspension period

nightfly

345 posts

Posted by nightfly > 2014-10-01 19:28 | Report Abuse

I heard scientifex will less focus on property sector ... They concentrate more on their plastic

hom3boy

591 posts

Posted by hom3boy > 2014-10-01 23:28 | Report Abuse

no news yet?

Posted by maunkulopdollah > 2014-10-01 23:32 | Report Abuse

Habislah...semua kena force selling..red of blood.

tekken

797 posts

Posted by tekken > 2014-10-02 08:09 | Report Abuse

bleed?

Alvin Tan

59 posts

Posted by Alvin Tan > 2014-10-02 08:19 | Report Abuse

50/50 wait for good news

aa111111

583 posts

Posted by aa111111 > 2014-10-02 11:36 | Report Abuse

hopefully positive news all the way

Qsky

48 posts

Posted by Qsky > 2014-10-02 11:40 | Report Abuse

how are they gonna force sell if it is still suspended??

Posted by Pin Wai Koh > 2014-10-02 12:04 | Report Abuse

need to suspend until when..zzzZZZ

shlang17

98 posts

Posted by shlang17 > 2014-10-02 12:34 | Report Abuse

Yeah, show hand all...ini kali sure good news....

8524sa

41 posts

Posted by 8524sa > 2014-10-02 13:43 | Report Abuse

haiz.... no news yet....

elp25

260 posts

Posted by elp25 > 2014-10-02 14:18 | Report Abuse

i tot news already out ?

Posted by uchitech008 > 2014-10-02 14:55 | Report Abuse

news should be released today?

elp25

260 posts

Posted by elp25 > 2014-10-02 15:35 | Report Abuse

still have got news?

Qsky

48 posts

Posted by Qsky > 2014-10-02 16:05 | Report Abuse

no news yet....should be today

elp25

260 posts

Posted by elp25 > 2014-10-02 16:07 | Report Abuse

i tot to buy tecnic is the only newS?

Atlas

346 posts

Posted by Atlas > 2014-10-02 16:30 | Report Abuse

news out in the edge, rm5/share to acquire entire technic

Posted by uchitech008 > 2014-10-02 16:40 | Report Abuse

Any comment?

Atlas

346 posts

Posted by Atlas > 2014-10-02 16:46 | Report Abuse

only know that in long run it's very good since both r also profitable companies, but short term, need analysis from experts

Posted by uchitech008 > 2014-10-02 16:56 | Report Abuse

tomorrow share price will tell us market reaction on this acquisition.

Atlas

346 posts

Posted by Atlas > 2014-10-02 16:58 | Report Abuse

at least it's not an overpaid deal, it's a good deal

fyh30

2,317 posts

Posted by fyh30 > 2014-10-02 16:58 | Report Abuse

a good & reasonable deal at PE10... :)

Posted by uchitech008 > 2014-10-02 17:03 | Report Abuse

yes, think so, after merging, skpres may have better control to assign increasing order book.

elp25

260 posts

Posted by elp25 > 2014-10-02 17:06 | Report Abuse

instead of compete , buy the competitors

albukhary

3,001 posts

Posted by albukhary > 2014-10-02 19:33 | Report Abuse

See the announcement made in Bursa.

It seems like not a good news.

Alpha Trader

1,983 posts

Posted by Alpha Trader > 2014-10-02 19:56 | Report Abuse

Tomorrow morning will drop due to t+3, and people might buy back, just watch for buying opportunity

Atlas

346 posts

Posted by Atlas > 2014-10-02 20:13 | Report Abuse

it makes sense that the new issuance of shares r based on price before hike. most importantly, it doesn't really dilute much the EPS

hocklai

265 posts

Posted by hocklai > 2014-10-02 21:08 | Report Abuse

its a cost to skpres....sure drop tomorrow

Posted by maunkulopdollah > 2014-10-02 22:30 | Report Abuse

Hihi..limit up tomorrow. Support at RM1.00

speakup

26,818 posts

Posted by speakup > 2014-10-02 22:51 | Report Abuse

SKP will down, TECNIC will up.
i dont have both, so it's an unbiased opinion.

Posted by moneygrabber > 2014-10-02 23:01 | Report Abuse

earnings accretive to Skp. a good buy

Posted by maunkulopdollah > 2014-10-02 23:13 | Report Abuse

Technic now is a dummy Company that finally will privatised because SKP still having more room to outperform in term of Price. Thats why they issue additional shares. Possibly targeted SKP price at RM1.00.

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