Highlights:
Shariah Setting
SKPRES (7155) : SKP RESOURCES BHD
mikelee
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Joined: Nov 2012
Male, MYS
13 Nov 2012, 10:46 AMPost #221
but the owner is throwing the shares seems like he holding more than 60%. i think he wan to withdraw...kwokyau911 @ 13 Nov 2012, 02:38 AM
No worry, it is market game.
thebesticould
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Joined: May 2012
Male, MYS
17 Nov 2012, 12:05 AMPost #222
any one received their 0.0105 cents of final dividend ? i thought 16th Nov is the payment date ? smile
kwokyau911
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Joined: Jan 2012
Male, MYS
18 Nov 2012, 12:15 AMPost #223
any one received their 0.0105 cents of final dividend ? i thought 16th Nov is the payment date ? thebesticould @ 17 Nov 2012, 12:05 AM
maybe u can check your account on monday ;)
Mike
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Posts: 84
Joined: Dec 2011
Male, MYS
18 Nov 2012, 06:45 AMPost #224

maybe u can check your account on monday ;)
kwokyau911 @ 18 Nov 2012, 12:15 AM

Last Friday received a imformation email that the dividend already bank in,the bank needed two days to clear le.wubwubwub
Mike
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Posts: 84
Joined: Dec 2011
Male, MYS
18 Nov 2012, 06:53 AMPost #225

Last Friday received a imformation email that the dividend already bank in,the bank needed two d...Mike @ 18 Nov 2012, 06:45 AM

The next interim dividend payment is on 21st Dec laaa.yeahlolrolleyesthumbupwub
CTYap
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Posts: 19
Joined: Jul 2012
Male, MYS
18 Nov 2012, 01:06 PMPost #226
Wonder why the owner keep disposing his shares
wee232
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Posts: 3
Joined: Dec 2011
Male, MYS
18 Nov 2012, 08:52 PMPost #227
Congratulation to those who received the dividend paid.thumbup
WinningBookie
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Posts: 126
Joined: Feb 2012
Male, MYS
19 Nov 2012, 12:06 AMPost #228
Wonder why the owner keep disposing his sharesCTYap @ 18 Nov 2012, 01:06 PM

You want to know why? This is to release some shares to open market, to increase the liquidity of this share. If director holding more, hard for this share to move. Last time Dato Gan holding 70% above now only holding 58%, and this dismissed the chance of going privatization.
WinningBookie
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Posts: 126
Joined: Feb 2012
Male, MYS
19 Nov 2012, 12:07 AMPost #229
Congratulation to those who received the dividend paid....wee232 @ 18 Nov 2012, 08:52 PM

Congratulations! Huat ah!!! thumbupthumbupthumbup
thebesticould
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Posts: 4
Joined: May 2012
Male, MYS
19 Nov 2012, 10:51 AMPost #230


Congratulations! Huat ah!!! ...WinningBookie @ 19 Nov 2012, 12:07 AM


WinningBookie. have u received ur 0.0105 cents of dividend? smile

WinningBookie
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Posts: 126
Joined: Feb 2012
Male, MYS
21 Nov 2012, 12:10 AMPost #231
SKP Resources - Take profit for now

INVESTMENT MERIT
1H13 results review.SKP Resources recorded 1H13 revenue of RM243.9m and net profit of RM23.8m, making up 50.5% and 54.1% of our full-year projections respectively. YoY, the 1H13 revenue rose 44.2% while net profit grew by 64.9%, attributable to the strong surge in demand for its plastic injection moulding segment as well as value-added services such as assemblies of plastic products and components for the electrical and electronics industry.

Its payday!Recall that in our earlier report dated 25 September 2012, we had called a TRADING BUY on SKP Resources as we noted the stock's undemanding valuation at 7.3x FY13 PER (34.5 sen) and high dividend yield of 7.1%. The share price closed at 38.5 sen yesterday, having climbed 14.4% to as high as 39.5 sen since that report. The group has declared an interim dividend of 1.3 sen, which will go ex- entitlement today.

Time to take profit.During the same period, the FBM KLCI has risen only a mere 0.7% amid jittery investor sentiment on a global scale. Much uncertainty has also stemmed from China's subpar economic data in recent months, a market where SKP Resources is expected to have increased dependence via its largest client - Dyson (Note that Dyson accounts for around 55% of SKP Resources' revenue). Hence, we reckon it is appropriate for risk averse investors to lock in on the gains at 39 sen for a handsome 17% return (including dividends) since our report call two months ago.

SWOT ANALYSIS
Strengths: A almost 100% raw material and currency pass-though protects SKP from earnings fluctuations. Full turnkey project management capabilities and specialty skill sets also allows SKP to have a superior client retention.

Weaknesses: Heavy dependence on a single client.

Opportunities:Ability to leverage on Dyson's maiden foray into China. Current capacity utilisation of 75% allows SKP room to grow.

Threats: Rampant counterfeit of Dyson products in China and a slowing global economy.

TECHNICALS
Resistance:RM0.40 (R1), RM0.41 (R2)
Support: RM0.36 (S1), RM0.33 (S2)
Comments: SKP's share price is on a mild uptrend.
Overall, the technical indicators point towards a sustainable uptrend, although a near term downcycle may be on the cards. Expect some dowside in the short term, look to buy back towards the lower 36 sen support level.

BUSINESS OVERVIEW
SKP Resources Bhd primarily manufactures plastic parts and components, makes precision molds, sub-assembles electronic and electrical equipment and other secondary processes. It has three main subsidiaries i.e. SKP, GHI and SPI. SKP has been manufacturing plastic injection moulded parts and components for the electronic and electrical products industry since 1994.

Goodhart Industries (GHI), its other manufacturing arm, targets on enhancing the range of plastic injection moulded parts produced by the group and focuses on precision engineering plastics injection moulding and 'big tonnage' injection moulding. The group is now Malaysia's leading local One-Stop Solution Centre, which also caters to a global base of clients. Its portfolio of clients include Dyson, Toshiba, Sony, Pioneer and more.

GEOGRAPHICAL SEGMENTS
Services provided:New product development/ program management, full service engineering consultation, mould design and fabrication, close tolerance plastic injection, advance secondary process operation, component assembly, contract manufacturing/box built Production Breakdown

Injection molding operation: Precision injection molding, gas assist molding, high speed thin wall molding, auto insert molding, in mould label molding, e mold, heating and cooling, double injection

Perfect Finish:Spray painting, automated multi colour tempo printing facilities, tempo printing for profile surfaces, hot stamping, untrasonic welding, heat staking, silk screen printing.

Source: Kenanga
thebesticould
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Posts: 4
Joined: May 2012
Male, MYS
21 Nov 2012, 11:27 AMPost #232
anyone receive their dividend of 0.0105 cents on 16 Nov ? looking back to the entitlement the ex date is 22 Oct- 5pm. i sold mine on 22 Oct- 2pm. i guess im not entitle to get the dividend. please share if u guys have receive it.

Thank you !
mikelee
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Posts: 7
Joined: Nov 2012
Male, MYS
21 Nov 2012, 11:40 AMPost #233
anyone receive their dividend of 0.0105 cents on 16 Nov ? looking back to the entitlement the ex dat...thebesticould @ 21 Nov 2012, 11:27 AM
You r definitely entitled to get ur dividend. Who buy on ex date not entitle but who sell on ex date is entitled. U may check with ur remisier. Usually they will bank in to ur registered saving account.
mikelee
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Posts: 7
Joined: Nov 2012
Male, MYS
21 Nov 2012, 11:42 AMPost #234
SKP Resources - Take profit for now

INVESTMENT MERIT
1H13 results review.SKP Resources rec...WinningBookie @ 21 Nov 2012, 12:10 AM

Can't find the target price from the article.
thebesticould
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Posts: 4
Joined: May 2012
Male, MYS
21 Nov 2012, 11:55 AMPost #235

You r definitely entitled to get ur dividend. Who buy on ex date not entitle but who sell on ex ...mikelee @ 21 Nov 2012, 11:40 AM


thanks mike. will check with remisier.
kwokyau911
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Posts: 33
Joined: Jan 2012
Male, MYS
26 Nov 2012, 10:33 PMPost #236
apa macam ni stock? everyday like falling down.starstarstar
TeckLau
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Joined: Jan 2012
Male, MYS
27 Nov 2012, 10:19 AMPost #237
apa macam ni stock? everyday like falling down....kwokyau911 @ 26 Nov 2012, 10:33 PM
Like that, u better sold it all of this stock loh. .lol...drool
mikelee
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Posts: 7
Joined: Nov 2012
Male, MYS
27 Nov 2012, 01:28 PMPost #238

Like that, u better sold it all of this stock loh. .lol......TeckLau @ 27 Nov 2012, 10:19 AM

After dividend, the share price usually will drop. It need to digest the speculation transaction.
Jimstock
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Posts: 21
Joined: Jul 2012
Male, MYS
14 Dec 2012, 11:12 PMPost #239
why bosses keep selling shares? any body help pls,star
VINCENT
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Posts: 6
Joined: Feb 2012
Male, MYS
15 Dec 2012, 06:44 AMPost #240
why bosses keep selling shares? any body help pls,...Jimstock @ 14 Dec 2012, 11:12 PM
May be he need cash

yeah doh drool lol mad notworthy question rant rolleyes sad shutup shy smile star sweat thumbup wub cry


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