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

Posted by maunkulopdollah > 2014-11-04 23:04 | Report Abuse

weekly range is out of usual pattern..starting a next wave..agreed with Mathew..warrant probably touched 0.45 this week..also my prediction.

ckinvest

162 posts

Posted by ckinvest > 2014-11-04 23:13 | Report Abuse

New factory to be commissioned by 4Q14. The construction of the new factory that will accommodate a 75% capacity expansion over three years is estimated to be completed by Oct 2014. Management also revealed that approval has been obtained for the hiring of 350 additional workers for the factory. FY15 will be a year of expansion for SKP Resources, as capex is estimated to reach MYR40m-MYR50m. As the company is sitting on a cash pile of MYR93m as at end-FY14, the capex will be fully funded by internal resources.

ckinvest

162 posts

Posted by ckinvest > 2014-11-04 23:14 | Report Abuse

New factory in Senai starts printing money for SKP Resources....ha ha ha...

ckinvest

162 posts

Posted by ckinvest > 2014-11-04 23:15 | Report Abuse

Date Open Price Target Price Upside/Downside Price Call Source
03/10/2014 0.75 0.83 +0.08 (10.67%) BUY UOBKayHian
03/10/2014 0.75 1.10 +0.35 (46.67%) BUY TA
03/10/2014 0.75 0.85 +0.10 (13.33%) BUY RHB

ckinvest

162 posts

Posted by ckinvest > 2014-11-04 23:15 | Report Abuse

Good luck....fly fly fly

Posted by Matthew Law Thong Sheng > 2014-11-05 09:21 | Report Abuse

Will touch 0.8 today?

SPECIAL_ID

410 posts

Posted by SPECIAL_ID > 2014-11-05 09:58 | Report Abuse

:)

Posted by uchitech008 > 2014-11-05 09:59 | Report Abuse

for WA, 0.375 is the resistance for this wave. I might be wrong but at least realised some of my holding to wait for next correction.

landice

10 posts

Posted by landice > 2014-11-05 11:02 | Report Abuse

http://announcements.bursamalaysia.com/EDMS/edmsweb.nsf/LsvAllByID/25A57A1AF2A5F23F48257D8600358CA7?OpenDocument

SKP RESOURCES BHD (“SKP” OR THE “COMPANY”)

PROPOSED ACQUISITIONS BY SKP OF THE ENTIRE ISSUED AND PAID-UP SHARE CAPITAL OF PLASTICTECNIC (M) SDN BHD, SUN TONG SENG MOULD-TECH SDN BHD, AND BANGI PLASTICS SDN BHD, ALL WHOLLY-OWNED SUBSIDIARIES OF TECNIC GROUP BERHAD, FOR AN AGGREGATE PURCHASE CONSIDERATION OF RM200.0 MILLION TO BE SATISFIED VIDE THE ISSUANCE OF 172,413,793 NEW ORDINARY SHARES OF RM0.10 EACH IN SKP (“SKP SHARE(S)”) AT AN ISSUE PRICE OF RM0.58 PER SKP SHARE AND RM100.0 MILLION IN CASH

What does this mean?

Posted by Yap Chi Fai > 2014-11-06 00:05 | Report Abuse

This is old story already...SKP acquire stake in Tecnic, which both owned by Dato Gan, thats all~

stockcafe

157 posts

Posted by stockcafe > 2014-11-06 09:22 | Report Abuse

Meanwhile, RHB identified four stocks that could be included in the Syariah-compliant list, which are Esthethics International Group Bhd, Pantech Group Holdings Bhd, SKP Resources Bhd and Padini Holdings Bhd.

8524sa

41 posts

Posted by 8524sa > 2014-11-06 11:02 | Report Abuse

if include to Syariah listing... up again!!!......

Posted by uchitech008 > 2014-11-06 16:19 | Report Abuse

profit taking has started, will buy back once hit my target price.

SDR245

1,675 posts

Posted by SDR245 > 2014-11-06 19:41 | Report Abuse

Uchitech008. What's s ur target price to collect back?

Posted by uchitech008 > 2014-11-06 22:23 | Report Abuse

Sdr245,around 0.335,depend on market condition.

dragonlim

412 posts

Posted by dragonlim > 2014-11-07 09:37 | Report Abuse

Can somebody advise what is the benefit(s) if included in Syariah listing?

elp25

260 posts

Posted by elp25 > 2014-11-09 21:04 | Report Abuse

dragonlim , islamic fund only can invest

dragonlim

412 posts

Posted by dragonlim > 2014-11-10 09:22 | Report Abuse

elp25, what does it mean by "only can invest" & how it different from normal share?

jassyz

10 posts

Posted by jassyz > 2014-11-10 11:45 | Report Abuse

Islamic funds can only be used to invest in stocks which are under syariah compliance lists.

8524sa

41 posts

Posted by 8524sa > 2014-11-10 14:24 | Report Abuse

what news make the SKP drop bad!!!

Posted by Yap Chi Fai > 2014-11-10 17:31 | Report Abuse

normal price movement, no worry

SDR245

1,675 posts

Posted by SDR245 > 2014-11-10 21:11 | Report Abuse

In what price can enter? Any suggestion ??

8524sa

41 posts

Posted by 8524sa > 2014-11-11 10:22 | Report Abuse

Shall Cut off or hold!!!

landice

10 posts

Posted by landice > 2014-11-11 14:28 | Report Abuse

cut off... i ran away last Friday..

Vaylens Chong

1,120 posts

Posted by Vaylens Chong > 2014-11-11 20:52 | Report Abuse

Why so worry? Regret when the price increase soon.

SDR245

1,675 posts

Posted by SDR245 > 2014-11-11 20:56 | Report Abuse

I will buy soon. Now people still profit taking ( minor)which is good for skp.

fitfit

97 posts

Posted by fitfit > 2014-11-12 22:19 | Report Abuse

Look like engine starting today afternoon

dragonlim

412 posts

Posted by dragonlim > 2014-11-13 09:56 | Report Abuse

Why did the son look like no momentum at all even the mother share was up?

SDR245

1,675 posts

Posted by SDR245 > 2014-11-13 11:02 | Report Abuse

Look like profit takin done. Price stabilize . Can start accumulate now?

dragonlim

412 posts

Posted by dragonlim > 2014-11-13 16:55 | Report Abuse

Looks like somebody try to fix the mother & son price at 0.75 & 0.345 respectively ...

Posted by uchitech008 > 2014-11-14 10:26 | Report Abuse

Under my expectation, price retreated to 0.325 lowest few days back, have been accumulating @ price 0.33.

dragonlim

412 posts

Posted by dragonlim > 2014-11-14 10:50 | Report Abuse

Looks like continue downtrend ...

Vaylens Chong

1,120 posts

Posted by Vaylens Chong > 2014-11-14 16:05 | Report Abuse

Downtrend soon.d

dragonlim

412 posts

Posted by dragonlim > 2014-11-17 14:20 | Report Abuse

What does happen to SKP especially its son, why almost down everyday since last week?

Posted by Matthew Law Thong Sheng > 2014-11-17 15:00 | Report Abuse

=.= this is normal correction lo...u wan keep chiong until rm10.00?

ShwuJen

22 posts

Posted by ShwuJen > 2014-11-17 15:01 | Report Abuse

Hi, I am new here and just came across to discover that, some of the blog over here is not bad, example like KLSE Technical Analysis, They were writing analysis yesterday for JianKun, today it fly like god, hit their Geng!! . !!

https://tr.im/dcf2d - KLSE Technical Analysis

https://tr.im/39d72 - JianKun Technical Analysis

Vaylens Chong

1,120 posts

Posted by Vaylens Chong > 2014-11-17 15:22 | Report Abuse

Downtrend! Run!

dragonlim

412 posts

Posted by dragonlim > 2014-11-17 16:16 | Report Abuse

Matthew Law Thong Sheng, Even we want it chiong till rm10.00, 有排等喽!

SDR245

1,675 posts

Posted by SDR245 > 2014-11-19 06:53 | Report Abuse

will touch previous High again?

alibabacoming

3,466 posts

Posted by alibabacoming > 2014-11-19 08:29 | Report Abuse

move!!

dragonlim

412 posts

Posted by dragonlim > 2014-11-19 10:07 | Report Abuse

Should breach the previous high & reach to new high ....

Luckyguy

72 posts

Posted by Luckyguy > 2014-11-20 17:10 | Report Abuse

moving south instead... this counter still got hope?

Bin Bin

59 posts

Posted by Bin Bin > 2014-11-21 10:17 | Report Abuse

Luckyguy, this counter has raised from 0.30 (march) to 0.73 (today). Expected to reach 1.10 in 2015 (TA target).

Luckyguy

72 posts

Posted by Luckyguy > 2014-11-21 11:18 | Report Abuse

Thanks BB.. anyway if give 30% discount of RM1.10, it should have reached the TP now

Luckyguy

72 posts

Posted by Luckyguy > 2014-11-21 11:20 | Report Abuse

anyway I have unloaded at 0.73 just now. Will buy again in Dec

angel20

1 posts

Posted by angel20 > 2014-11-21 17:39 | Report Abuse

result out ~~

SDR245

1,675 posts

Posted by SDR245 > 2014-11-21 17:42 | Report Abuse

net profit 20.178 mil ..up 22.89%

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