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SKPRES (7155) : SKP RESOURCES BHD
ILoveDividend
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03 Apr 2014, 03:14 PMPost #281
...WCMA @ 03 Apr 2014, 01:23 AM

It used to have a good performance, but this has become history. shutup
Brian9818
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22 Apr 2014, 07:58 PMPost #282
Finally this so-called "top 10" voted stock moving UP ! Good luck rolleyes
Brian9818
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15 May 2014, 04:20 PMPost #283
This time TA call a "Buy" again with TP=$0.60, just see how far it is correct !!star
Brian9818
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16 May 2014, 11:11 AMPost #284
RHB Research has upgraded SKP Resources Bhd to a Buy (from Sell) with a higher fair value (FV) of 53 sen (from 18 sen) and said its recent meeting with the company’s management yielded positive surprises.

In a note Friday, the research house said the upgrade was premised on : i) robust 48%/36% earnings outlook for FY15-FY16F, underpinned by increased capacity of 75% from its new factory, and ii) increased orders for both existing and new products from its key customer, Dyson.

“Our new FV of 53 sen (from 18 sen) is based on 10x CY15 EPS,” it said.
SSLai
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13 Jun 2014, 05:25 PMPost #285
I let go mother share too early at 33-34 cents. I don't expect the price go all the way up to 44.5cents as of today closing, it is a record high. Well done!

I made some pocket money from the warrant. Bought at 6.5cents, let go at 10 & 11 cents.

Brian9818
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27 Jun 2014, 11:10 AMPost #286
Skpres run-up from 33sen this round, may be time to dispose ! Very good chance to touch 60sen. TA Reserch could be right this time. cheers.
IssacTong
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05 Jul 2014, 08:55 PMPost #287
Skpres run-up from 33sen this round, may be time to dispose ! Very good chance to touch 60sen. TA Re...Brian9818 @ 27 Jun 2014, 11:10 AM

now ta change to 0.77, could it be true?
Brian9818
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07 Jul 2014, 03:23 PMPost #288


now ta change to 0.77, could it be true?IssacTong @ 05 Jul 2014, 08:55 PM

??????????9310???,?????10.3?,????21.6%?
??,1?3040???????(Retained Earnings),??????????????
????,????????,?????????????????????
50%????
?2012????,???????????????,????????0.9??2.3?,??50%??????
??,????????????????,???2015?1620??,????5%?6%?????
????“????”?????,?57???????

In English - SKPress TP=$0.57 by Kenaga Research. I think 77sen target is a bit too high !
ILoveDividend
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08 Jul 2014, 03:28 PMPost #289
Double the price in just 3 months. thumbup
Brian9818
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29 Sep 2014, 12:08 PMPost #290
Really incredible, touching 70sen. some good news is forthcoming !rolleyes
ILoveDividend
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30 Sep 2014, 09:50 AMPost #291
Really incredible, touching 70sen. some good news is forthcoming !...Brian9818 @ 29 Sep 2014, 12:08 PM

SKP Resources to buy Tecnic to create major plastic parts maker?

PETALING JAYA: Low-profile Datuk Gan Kim Huat is consolidating his businesses in two listed companies, SKP Resources Bhd and Tecnic Group Bhd, in a move that will pave the way for the establishment of a major plastic parts manufacturer.

Yesterday, the share prices of SKP and Tecnic climbed to all-time highs of 71 sen and RM5.08, respectively, before both stocks were suspended, “pending a material announcement”.

It is learnt that the merger and acquisition exercise could involve cash and the issuance of new SKP shares.

Gan and his family own about 67% in SKP and 69% in Tecnic, formerly known as STS Tecnic Bhd.

“It’s a move that the Gan family has been looking at for some time to create an entity with economies of scale. A merger can be synergistic for the two companies, which can lead to accretive earnings going forward,” said a source.

SKP, which has been on expansion mode over the past few years, is in the business of manufacturing plastic parts and components, contract manufacturing, precision mould making, the sub-assembly of electronic and electrical equipment and other secondary processes.

For the financial year ended March 31, 2013 (FY13), British electrical appliance brand Dyson contributed 55% to SKP’s total sales.

According to SKP’s website, its other clients include Hewlett-Packard, Sharp, Flextronics and Pioneer.

Tecnic, meanwhile, is involved in plastic moulding design and fabrication, plastic injection and blow moulding for the automotive, electrical and electronic sectors as well as industrial consumable products. It counts Valeo, Sharp, Panasonic, Denso, Suzuki, Proton and Perodua as its clients.

SKP and Tecnic had cash and cash equivalents of RM19.4mil and RM25.7mil, respectively, as at June 30. However, SKP has seen a higher trading volume in recent months, while Tecnic is a relatively tightly held stock.

In an earlier note, RHB Research said SKP could achieve a two-year earnings compounded annual growth rate of 57.9% on the back of a 75% expansion in capacity to cater to increasing orders from Dyson.

SKP has a new plant in Senai, Johor, which is slated for completion next month and achieve full-scale operations by FY17, Kenanga Research said in a separate report.

The research house noted that SKP’s stronger order-book, underpinned by orders from Dyson to manufacture two new product lines for vacuum cleaners and fans, will provide earnings visibility for the next few years.

“The new products are next-generation appliances that will be able to fetch higher margins and contribute to the group’s earnings. We understand that a major part of the group’s new plant will cater to the production of the two new products,” it added.

SKP jumped 10.5 sen to 71 sen, with 38.37 million shares being traded.

Tecnic rose 31 sen, or 6.5%, to RM5.08, with 219,500 shares changing hands.

http://www.thestar.com.my/Business/Business-News/2014/09/30/Takeover-to-create-a-major-producer-of-plastic-moulds-and-parts/
omightycap
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13 Jan 2016, 08:54 PMPost #292
We like the electronics company Dyson...
We decided to leverage their growth on this stock

See our comment in the link below
https://www.facebook.com/omightycap/photos/a.516884705141868.1073741828.516880861808919/567733626723642/?type=3
YAPSS
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03 May 2019, 09:51 PMPost #293

Day 61 of Fundamental Daily, YAPSS will be covering SKP Resources Bhd's fundamental via a short animated video. I hope it helps and please enjoy the video, see ya! #YAPSS #FundamentalDaily #SKPResourcesBhd

Click the on the link to find out more: https://youtu.be/rk4A1I1UPVs


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

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