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SKPRES (7155) : SKP RESOURCES BHD
WinningBookie
Member Star
Posts: 126
Joined: Feb 2012
05 Aug 2012, 11:01 PMPost #61
Can you explain little about the aticle.wo pu ming pai. . Heheheh...azlan @ 05 Aug 2012, 10:18 PM

Sorry, please see this link! It's the same article it trying to say. thumbup

http://klse.i3investor.com/servlets/ptres/9194.jsp
CTYap
Member Star
Posts: 19
Joined: Jul 2012
06 Aug 2012, 09:53 PMPost #62
Good news for short term investors, bad news for long term investors. One more good company is gone in KLSE if the boss want to privatise it.
WinningBookie
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Posts: 126
Joined: Feb 2012
06 Aug 2012, 10:08 PMPost #63
Good news for short term investors, bad news for long term investors. One more good company is gone ...CTYap @ 06 Aug 2012, 09:53 PM

I think they won;t privitize it. If they do, they should have done it earlier ago without issuing any bonus and warrants issue. It's still undervalued and good to still BUY! MAINTAIN BUY! thumbupthumbup
WinningBookie
Member Star
Posts: 126
Joined: Feb 2012
07 Aug 2012, 07:30 AMPost #64
TA Sec: SKP privatisation may cost RM100m

KUALA LUMPUR: TA Securities Holdings Bhd says that any plan to take SKP Resources Bhd private by its major shareholder will cost around RM100 million.


The research firm expects SKP to be privatised by its major shareholder if its share price fails to response to future earnings growth.

In its recent note, TA Securities said the potential privatisation could be part-financed by SKP's cash of RM61.9 million at a later stage when the exercise is ompleted.

Assuming an offer price of RM0.41 for the outstanding shares (being a 20 per cent premium to the current trading price) and RM0.01 for outstanding warrants, it may only cost up to RM100 million to privatise the company, it said.

"Having said that, we note that funding for privatisation is a non-issue as the Gan family has already owned 73 per cent of SKP's total outstanding shares and warrants," the research house said.

TA Securities expects SKP's share price to inch higher to uncharted territory underpinned by its earnings growth.

At the current price of 34 sen per share, SKP is trading at 6.3 times fiscal 2013 earnings which is undemanding on the back of a series of strong (for example more than 20 per cent) earnings growth since the first quarter of its financial year 2012 and estimated earnings growth of 31.4 per cent for its financial year 2013.

In addition, the generous dividend policy of 50 per cent will provide attractive yield of seven to eight per cent at its current price level.

SKP manufactures plastic injection moulded parts and components for the electronic and electrical industry in Malaysia, especially for multinational corporations.

On Bursa Malaysia yesterday, the stock gained two sen to close at 35 sen.

Read more: TA Sec: SKP privatisation may cost RM100m http://www.btimes.com.my/Current_News/BTIMES/articles/plastic/Article/#ixzz22oP1Vbi6
azlan
Member Star
Posts: 45
Joined: Jan 2012
07 Aug 2012, 10:06 AMPost #65
so many buyer today.SKPRES chia yo...SKPRES chia yo...thumbupthumbup
Kopice
Member Star
Posts: 23
Joined: Jul 2012
07 Aug 2012, 11:48 AMPost #66
so many buyer today.SKPRES chia yo...SKPRES chia yo......azlan @ 07 Aug 2012, 10:06 AM
swee azlan
david
Member Star
Posts: 12
Joined: Apr 2012
07 Aug 2012, 01:34 PMPost #67
If the plan is to privatize, then i guess they would 'cap' the price from going to too high, is that why sellers suddenly comes full force at around 37cents?

Btw, what happens to the SKP-WA if privatised?
Tenshin
Member Star
Posts: 14
Joined: Aug 2012
07 Aug 2012, 02:26 PMPost #68
If the plan is to privatize, then i guess they would 'cap' the price from going to too high, is that...david @ 07 Aug 2012, 01:34 PM
i think such a news would most likely create awareness for their shares in the public and push the prices up. As per the article shared, it seems they would prefer the share prices of their stock to go up rather than privatise (last resort).

Anyhow, those who entered earlier can still earn a premium if they decide to privatise. So still a win-win lo :)
WinningBookie
Member Star
Posts: 126
Joined: Feb 2012
07 Aug 2012, 08:00 PMPost #69
Just share with you some technical chart...

SKPRES is heading towards super bullish mode. Current chart showing 2 white soldiers and going for another soldier tomorrow meaning chances of up till 0.375 is possible tomorrow. Those who bought today, I don't think there's a big problem crossing the hurdle of 0.375 tomorrow. :)thumbup
azlan
Member Star
Posts: 45
Joined: Jan 2012
08 Aug 2012, 08:47 AMPost #70
Just share with you some technical chart...

SKPRES is heading towards super bullish mode. Cur...WinningBookie @ 07 Aug 2012, 08:00 PM


Can you post SKPRES chart here.tq
david
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Posts: 12
Joined: Apr 2012
08 Aug 2012, 11:31 AMPost #71
---Deleted---
WinningBookie
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Posts: 126
Joined: Feb 2012
08 Aug 2012, 12:39 PMPost #72
---Deleted---david @ 08 Aug 2012, 11:31 AM

White soldiers is coming to town! Wait afternoon session!
wee232
Member Star
Posts: 3
Joined: Dec 2011
08 Aug 2012, 09:14 PMPost #73

"Someone" told me that this stock is valuable because of strong fundamental and got one "group" of people buying in because of the incoming quarter result announcement is very "shui".
This stock is not goreng like babi buta.
Just for sharing with you all.thumbup
WinningBookie
Member Star
Posts: 126
Joined: Feb 2012
08 Aug 2012, 11:30 PMPost #74

"Someone" told me that this stock is valuable because of strong fundamental and got on...wee232 @ 08 Aug 2012, 09:14 PM


Thanks for sharing! Yes, I totally agreed with you. I also suspect that a group had entered this share and then this quarter report should be super nice! Buy n hold and keep until an acceptable price perhaps above 0.40 for the time being thumbupthumbup
Mike
Member Star
Posts: 87
Joined: Dec 2011
09 Aug 2012, 09:34 AMPost #75

"Someone" told me that this stock is valuable because of strong fundamental and got on...wee232 @ 08 Aug 2012, 09:14 PM

Hi wee232,do u always like to get 'inside news'? dont like to do any homeworks ?cry
wee232
Member Star
Posts: 3
Joined: Dec 2011
09 Aug 2012, 05:29 PMPost #76

Hi wee232,do u always like to get 'inside news'? dont like to do any homeworks ?...Mike @ 09 Aug 2012, 09:34 AM


Hai dude.
Gathering insider or any other infor also consider part of the homework.

thumbup
WinningBookie
Member Star
Posts: 126
Joined: Feb 2012
09 Aug 2012, 06:31 PMPost #77
2 days in a row it able to cope the selling pressure and close unchanged. This is a good sign of an uptrend. Tomorrow shall be an uptrend already! :) thumbup
WinningBookie
Member Star
Posts: 126
Joined: Feb 2012
13 Aug 2012, 07:52 PMPost #78
Who bought SKPRES? If yes, it's coming! The wave is coming to push up higher! Waiting for golden cross (technical chart) and then it will continue to grow! Since today break 0.375, next target price is 0.39! :)thumbupthumbup
ryuk
Member Star
Posts: 15
Joined: Apr 2012
13 Aug 2012, 08:51 PMPost #79
Who bought SKPRES? If yes, it's coming! The wave is coming to push up higher! Waiting for golden cro...WinningBookie @ 13 Aug 2012, 07:52 PM
Yes i like that drool . I do not monitor it on daily but weekly. For me i can see it more bigger picture from it. thumbup
WinningBookie
Member Star
Posts: 126
Joined: Feb 2012
16 Aug 2012, 05:53 PMPost #80
For those who is holding it, it's coming soon for a breakout! thumbup

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

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