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SKPRES (7155) : SKP RESOURCES BHD
WinningBookie
Member Star
Posts: 126
Joined: Feb 2012
30 May 2012, 07:23 PMPost #21
Financial Results
Reference No CC-120530-64986

Submitting Merchant Bank
:
-
Company Name
:
SKP RESOURCES BHD
Stock Name
:
SKPRES
Date Announced
:
30/05/2012
Financial Year End
:
31/03/2012
Quarter
:
4
Quarterly report for the financial period ended
:
31/03/2012
The figures
:
have not been audited

Converted attachment :



Please attach the full Quarterly Report here:

SKPRB_4TH QTR 2012 NOTES.pdfSKPRB_4TH QTR 2012.pdf


Remark:




DEFAULT CURRENCY
OTHER CURRENCY




Currency
:
Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
31/03/2012




INDIVIDUAL PERIOD

CUMULATIVE PERIOD




CURRENT YEAR QUARTER

PRECEDING YEAR
CORRESPONDING
QUARTER

CURRENT YEAR TO DATE

PRECEDING YEAR
CORRESPONDING
PERIOD




31/03/2012

31/03/2011

31/03/2012

31/03/2011




$$'000

$$'000

$$'000

$$'000
1 Revenue
127,556

77,451

419,097

256,996
2 Profit/(loss) before tax
15,633

8,153

50,422

31,931
3 Profit/(loss) for the period
11,950

7,801

38,239

26,245
4 Profit/(loss) attributable to ordinary equity holders of the parent
11,950

7,801

38,239

26,245
5 Basic earnings/(loss) per share (Subunit)
2.00

1.30

6.39

4.38
6 Proposed/Declared dividend per share (Subunit)
0.00

1.00

1.50

2.00









AS AT END OF CURRENT QUARTER

AS AT PRECEDING FINANCIAL YEAR END
7
Net assets per share attributable to ordinary equity holders of the parent ($$)
0.3000

0.2600

Remarks :


Definition of Subunit:

In a currency system, there is usually a main unit (base) and subunit that is a fraction amount of the main unit.
Example for the subunit as follows:

Country Base Unit Subunit
Malaysia Ringgit Sen
United States Dollar Cent
United Kingdom Pound Pence

© 2012, Bursa Malaysia Berhad. All Rights Reserved.

WinningBookie
Member Star
Posts: 126
Joined: Feb 2012
30 May 2012, 07:24 PMPost #22
This share posted gain again! Wow! Get set and go to boom again! thumbupthumbup
WinningBookie
Member Star
Posts: 126
Joined: Feb 2012
01 Jun 2012, 07:31 AMPost #23
TA Securities had set a new target price of SKPRES which is RM0.81! thumbup

http://klse.i3investor.com/servlets/ptres/8193.jsp
ILoveDividend
Member StarMember Star
Posts: 521
Joined: Dec 2011
01 Jun 2012, 09:04 AMPost #24
TA Securities had set a new target price of SKPRES which is RM0.81! ...WinningBookie @ 01 Jun 2012, 07:31 AM

This is awesome. Very good stock with high dividend and 50% dividend policy. Its revenue & portfolio is growing steadily. thumbup
WinningBookie
Member Star
Posts: 126
Joined: Feb 2012
01 Jun 2012, 06:18 PMPost #25
General Announcement
Reference No OI-120601-61576

Submitting Merchant Bank
:
OSK INVESTMENT BANK BERHAD
Company Name
:
SKP RESOURCES BHD
Stock Name
:
SKPRES
Date Announced
:
01/06/2012


Type
:
Announcement
Subject
:

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
COMBINATION OF NEW ISSUE OF SECURITIES

Description
:

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

(I) PROPOSED BONUS ISSUE; AND
(II) PROPOSED FREE WARRANTS ISSUE

(COLLECTIVELY, THE “PROPOSALS”)

Announcement Details/Table Section :

The terms used herein has the same meaning as those defined in the announcement made on 19 March 2012.

We refer to our announcements made on 19 March 2012, 20 April 2012, 9 May 2012, 16 May 2012 and 28 May 2012 in relation to the Proposals.

On behalf of the Board of Directors of SKP, OSK Investment Bank Berhad wishes to announce that SKP had on 1 June 2012 fixed the exercise price of the Free Warrants to be issued under the following step-up mechanism:

(i) upon issuance of the Free Warrants up to (but excluding) the second anniversary of the issue date – RM0.45 per SKP Share, which represents a premium of approximately 29.68% to the theoretical ex-bonus price (computed based on the five (5)-day weighted average market price of SKP Shares up to and including 31 May 2012) of RM0.3470 per SKP Share (“Theoretical Ex-Bonus Price”).

(ii) exercise at any time on and from the second anniversary of the issue date up to (but excluding) the fourth anniversary date – RM0.55 per SKP Share, which represents a premium of approximately 58.50% over the Theoretical Ex-Bonus Price.

(iii) exercise at any time on and from the fourth anniversary of the issue date up to the maturity date of the Free Warrants – RM0.65 per SKP Share, which represents a premium of approximately 87.32% over the Theoretical Ex-Bonus Price.

This announcement is dated 1 June 2012.
WinningBookie
Member Star
Posts: 126
Joined: Feb 2012
11 Jun 2012, 09:15 AMPost #26
Unofficial says that the bonus issue ex-date announcement will be made on 12th June 2012.
WinningBookie
Member Star
Posts: 126
Joined: Feb 2012
11 Jun 2012, 08:22 PMPost #27
General Announcement
Reference No OI-120611-63794

Submitting Merchant Bank
:
OSK INVESTMENT BANK BERHAD
Company Name
:
SKP RESOURCES BHD
Stock Name
:
SKPRES
Date Announced
:
11/06/2012


Type
:
Announcement
Subject
:

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
COMBINATION OF NEW ISSUE OF SECURITIES

Description
:

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

(I) PROPOSED BONUS ISSUE; AND
(ii) PROPOSED FREE WARRANTS ISSUE

(COLLECTIVELY, THE “PROPOSALS”)

Announcement Details/Table Section :

The terms used herein has the same meaning as those defined in the announcement made on 19 March 2012.

We refer to our announcements made on 19 March 2012, 20 April 2012, 9 May 2012, 16 May 2012, 28 May 2012 and 1 June 2012 in relation to the Proposals.

On behalf of the Board of Directors of SKP, OSK Investment Bank Berhad wishes to announce that SKP had earlier today executed the deed poll constituting the Free Warrants.

This announcement is dated 11 June 2012.
WinningBookie
Member Star
Posts: 126
Joined: Feb 2012
11 Jun 2012, 08:23 PMPost #28
Entitlements (Notice of Book Closure)
Reference No OI-120611-63953

Submitting Merchant Bank
:
OSK INVESTMENT BANK BERHAD
Company Name
:
SKP RESOURCES BHD
Stock Name
:
SKPRES
Date Announced
:
11/06/2012

EX-date
:
21/06/2012
Entitlement date
:
25/06/2012
Entitlement time
:
05:00:00 PM
Entitlement subject
:
Bonus Issue
Entitlement description
:

Bonus issue of up to 300,000,000 new ordinary shares of RM0.10 each in SKP (“SKP Share(s)”) (“Bonus Share(s)”) on the basis of one (1) Bonus Share for every two (2) SKP Shares held (“Bonus Issue”)
Period of interest payment
:
to
Financial Year End
:

Share transfer book & register of members will be
:
to closed from (both dates inclusive) for the purpose of determining the entitlements
Registrar's name ,address, telephone no
:

Symphony Share Registrars Sdn Bhd
Level 6, Symphony House
Pusat Dagang Dana 1, Jalan PJU 1A/46,
47301 Petaling Jaya,
Selangor Darul Ehsan
Tel : 03-7841 8000
Fax: 03-7841 8151
Payment date
:


a.
Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers

:
25/06/2012

b.
Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit

:


c.
Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable)

:

Entitlement indicator
:
Ratio
Ratio
:
1 : 2
Rights Issues/Offer Price
:


Remarks :
Unless otherwise defined, all terms used shall have the same meaning as those defined in the announcement dated 19 March 2012.

The final number of Bonus Shares to be issued pursuant to the Bonus Issue would depend on the issued and paid-up share capital of SKP on 25 June 2012.

The date of listing and quotation of the Bonus Shares on the Main Market of Bursa Securities will be on 26 June 2012, being the next market day following the entitlement date.

Notice of allotment will be issued and despatched to the entitled shareholders within four (4) market days after the listing of and quotation for the Bonus Shares.

This announcement is dated 11 June 2012.
WinningBookie
Member Star
Posts: 126
Joined: Feb 2012
11 Jun 2012, 08:23 PMPost #29
Entitlements (Notice of Book Closure)
Reference No OI-120611-63607

Submitting Merchant Bank
:
OSK INVESTMENT BANK BERHAD
Company Name
:
SKP RESOURCES BHD
Stock Name
:
SKPRES
Date Announced
:
11/06/2012

EX-date
:
21/06/2012
Entitlement date
:
25/06/2012
Entitlement time
:
05:00:00 PM
Entitlement subject
:
Others
Entitlement description
:

Issuance of free warrants in SKP (“Free Warrant(s)”) on the basis of one (1) Free Warrant for every five (5) ordinary shares of RM0.10 each in SKP held after the bonus issue (“Free Warrants Issue”)
Period of interest payment
:
to
Financial Year End
:

Share transfer book & register of members will be
:
to closed from (both dates inclusive) for the purpose of determining the entitlements
Registrar's name ,address, telephone no
:

Symphony Share Registrars Sdn Bhd
Level 6, Symphony House
Pusat Dagang Dana 1, Jalan PJU 1A/46,
47301 Petaling Jaya,
Selangor Darul Ehsan
Tel : 03-7841 8000
Fax: 03-7841 8151
Payment date
:


a.
Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers

:
25/06/2012

b.
Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit

:


c.
Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable)

:

Entitlement indicator
:
Ratio
Ratio
:
1 : 5
Rights Issues/Offer Price
:


Remarks :
Unless otherwise defined, all terms used shall have the same meaning as those defined in the announcement dated 19 March 2012.

The final number of Free Warrants to be issued pursuant to the Free Warrants Issue would depend on the issued and paid-up share capital of SKP on 25 June 2012.

The Free Warrants will be quoted on the Main Market of Bursa Securities within two (2) market days after an application for the quotation of up to 180,000,000 Free Warrants is submitted to Bursa Securities subsequent to the bonus issue exercise.

Notice of allotment will be issued and despatched to the entitled shareholders within four (4) market days after the listing of and quotation for the Free Warrants.

This announcement is dated 11 June 2012.
© 2012, Bursa Malaysia Berhad. All Rights Reserved.

ryuk
Member Star
Posts: 15
Joined: Apr 2012
15 Jun 2012, 10:31 PMPost #30
By using average EPS, the Intrinsic Value is around RM 1.38 thumbup
david
Member Star
Posts: 12
Joined: Apr 2012
17 Jun 2012, 04:12 PMPost #31
By using average EPS, the Intrinsic Value is around RM 1.38 ...ryuk @ 15 Jun 2012, 10:31 PM
EPS ~ 6.5 cents last year, how did that translate to 1.38 intrinsic value?? Please share. TQ
ryuk
Member Star
Posts: 15
Joined: Apr 2012
21 Jun 2012, 10:01 PMPost #32

EPS ~ 6.5 cents last year, how did that translate to 1.38 intrinsic value?? Please share. TQdavid @ 17 Jun 2012, 04:12 PM

I use current EPS not overall EPS per year. Hence, we can assume that this stock is still/always undervalued. :)
david
Member Star
Posts: 12
Joined: Apr 2012
27 Jun 2012, 04:26 PMPost #33
yeahdroolthumbup
WinningBookie
Member Star
Posts: 126
Joined: Feb 2012
02 Jul 2012, 12:39 AMPost #34
New target price 0.42 coming up soon! Hold your guns! yeah
L3O86
Member Star
Posts: 2
Joined: Jan 2012
02 Jul 2012, 10:08 AMPost #35
New target price 0.42 coming up soon! Hold your guns! ...WinningBookie @ 02 Jul 2012, 12:39 AM

why 0.42?
WinningBookie
Member Star
Posts: 126
Joined: Feb 2012
02 Jul 2012, 09:15 PMPost #36
SKPRES-WA is starting to trade Tuesday 3/7/2012! Good Luck for those who have Free Warrants! thumbup
WinningBookie
Member Star
Posts: 126
Joined: Feb 2012
02 Jul 2012, 09:15 PMPost #37


why 0.42?L3O86 @ 02 Jul 2012, 10:08 AM



Based on technical chart and fundamental as well as this share is still undervalued! :)
david
Member Star
Posts: 12
Joined: Apr 2012
06 Jul 2012, 01:55 PMPost #38
SKPRES-WA is starting to trade Tuesday 3/7/2012! Good Luck for those who have Free Warrants! ...WinningBookie @ 02 Jul 2012, 09:15 PM
Sold my warrant as fast as i could coz don't like the profile

Exercise/Conversion Period : 5.00 Year(s)
Revised Exercise/Conversion Period :
Exercise/ Strike/ Conversion Price : MYR 0.4500
Revised Exercise/ Strike/ Conversion Price :
Exercise/ Conversion Ratio : 1 Warrant:1 new SKP Share
Revised Exercise/ Conversion Ratio :
Mode of Satisfaction of Exercise/Conversion Price : Cash
Settlement Type/ Convertible into : Physical (Shares)
Remarks : Each Warrant carries the entitlement to subscribe for one (1) new SKP
Share at the exercise price subject to the following step-up mechanism:
(i) upon issuance of the Warrants up to (but excluding) the second anniversary
of the issue date RM0.45 per SKP Share;
(ii) exercise at any time on and from the second anniversary of the issue date
up to (but excluding) the fourth anniversary date RM0.55 per SKP Share; and
(iii) exercise at any time on and from the fourth anniversary of the issue date
up to the maturity date of the Warrants RM0.65 per SKP Share,
subject to the adjustments in accordance with the provisions of the deed poll
dated 11 June 2012, constituting the Warrants. Any Warrants not exercised
during the exercise period (as indicated above) will thereafter lapse and cease
to be valid for any purpose.
WinningBookie
Member Star
Posts: 126
Joined: Feb 2012
08 Jul 2012, 11:18 PMPost #39

Sold my warrant as fast as i could coz don't like the profile

Exercise/Conversion Period ...david @ 06 Jul 2012, 01:55 PM


You will regret when selling it! Next Week (9th onwards), SKPRES-WA will hit >0.155 and SKPRES will hit 0.36 then to 0.42 soon!

Price will breakout as the correction is finish! Good Luck all!
david
Member Star
Posts: 12
Joined: Apr 2012
09 Jul 2012, 10:49 AMPost #40


You will regret when selling it! Next Week (9th onwards), SKPRES-WA will hit >0.155 and S...WinningBookie @ 08 Jul 2012, 11:18 PM

it is cheaper to buy SKPRES than to convert 0.45+WA price, and after 2 years it is 0.55+WA price... the goal post keep moving further away

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

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