Latest news with #SKPResourcesBhd
New Straits Times
01-08-2025
- Business
- New Straits Times
Tech sector set for rebound on policy boost, US tariff cut
KUALA LUMPUR: The local technology sector is poised for renewed investor interest as sentiment improves, buoyed by supportive policies under the 13th Malaysia Plan (13MP) and the United States (US)-Malaysia tariff agreement. Public Investment Bank Bhd (PublicInvest) said under the 13MP, the government aims to transform Malaysia into an inclusive and sustainable artificial intelligence (AI) nation by 2030 and position the country as a regional hub for digital technology manufacturing. It said the cornerstone of the plan is to nearly double the export value of electrical and electronic products to RM1tln by 2030, supported by the implementation of the High-Value High-Tech Semiconductor Industry Flagship Project. "As part of the National Semiconductor Strategy, the government has allocated RM2 billion—half of which will go toward the deal to expedite chip design development, while the remaining half will serve as matching grants for local research and development initiatives. "Under the strategic plan, the government aims to secure at least RM500 billion in domestic and foreign investments as well as the training and upskilling of 60,000 high skilled engineers to support the semiconductor industry," it said in a note. Meanwhile, PublicInvest said sentiment is likely to be further boosted by the reduction in US-Malaysia tariff, easing concerns for the prospects of local technology companies with substantial exposure to the US market. This includes SKP Resources Bhd, VS Industry Bhd, Greatech Technology Bhd and Inari Amertron Bhd, the firm said. On a more positive note, PublicInvest said the 19 per cent tariff rate for Malaysia is even lower than Taiwan's 20 per cent. "However, we anticipate a mixed set of results this month, as the sector faces headwinds from a softer US dollar and frontloading activities," it said, maintaining an "Overweight" rating on the sector.
New Straits Times
03-07-2025
- Business
- New Straits Times
Tech recovery clouded by weak US dollar
KUALA LUMPUR: The weakening of the US dollar may impede the earnings recovery of the technology sector in the second half of 2025, CIMB Securities said. However, the impact is likely to be minimal for electronics manufacturing services players such as VS Industry Bhd and SKP Resources Bhd, given their ability to pass through foreign exchange fluctuations to customers, albeit with a typical lag of three to six months. "Despite currency headwinds, we expect low single-digit sector sales growth in the upcoming second-quarter results, underpinned by stronger contributions from the Automated Test Equipment segment, led by ViTrox Corp Bhd. "ViTrox has guided for seven per cent to 15 per cent sales growth in the second quarter, supported by a healthy 1.3 times book-to-bill ratio and robust order momentum," it said. CIMB Securities said the outsourced semiconductor assembly and test segment is likely to see moderate sales growth, driven by stable domestic demand in China and consistent orders from the general-purpose server market. "This is broadly in line with leading global semiconductor companies' average sales growth forecast of 3.8 per cent quarter-on-quarter. "Leading analogue semiconductor players such as Texas Instruments and STMicroelectronics are also signalling recovery, with average sales growth guidance of around seven per cent for the second quarter," it added. According to Counterpoint Research, iPhone recorded a 15 per cent year-on-year increase in global sales for April and May, largely fuelled by strong demand in major markets like the United States and China. CIMB Securities said sales growth is also being supported by markets such as India and Japan, viewing this as a short-term benefit for Malaysian radio-frequency (RF) vendors. "While this could reflect potential front-loaded purchases from consumers ahead of expected price hikes due to the implementation of the US' reciprocal tariffs, we see this as a short-term positive for Malaysian RF vendors. "This demand boost could also support near-term inventory replenishment, especially in anticipation of a new generation of smartphones set to launch in the third quarter," it said. CIMB Securities retained its "neutral" call on the technology sector, citing subdued demand outside of artificial intelligence (AI), currency headwinds, and ongoing cost pressures as factors weighing on the recovery outlook. "Although demand for AI-driven logic and memory chips remains strong, broader sector growth is uneven," it said.
Yahoo
11-05-2025
- Business
- Yahoo
Can Mixed Fundamentals Have A Negative Impact on SKP Resources Bhd (KLSE:SKPRES) Current Share Price Momentum?
Most readers would already be aware that SKP Resources Bhd's (KLSE:SKPRES) stock increased significantly by 22% over the past month. However, we decided to pay attention to the company's fundamentals which don't appear to give a clear sign about the company's financial health. Specifically, we decided to study SKP Resources Bhd's ROE in this article. Return on Equity or ROE is a test of how effectively a company is growing its value and managing investors' money. In short, ROE shows the profit each dollar generates with respect to its shareholder investments. We've discovered 1 warning sign about SKP Resources Bhd. View them for free. The formula for ROE is: Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity So, based on the above formula, the ROE for SKP Resources Bhd is: 12% = RM107m ÷ RM932m (Based on the trailing twelve months to December 2024). The 'return' refers to a company's earnings over the last year. So, this means that for every MYR1 of its shareholder's investments, the company generates a profit of MYR0.12. View our latest analysis for SKP Resources Bhd So far, we've learned that ROE is a measure of a company's profitability. Depending on how much of these profits the company reinvests or "retains", and how effectively it does so, we are then able to assess a company's earnings growth potential. Generally speaking, other things being equal, firms with a high return on equity and profit retention, have a higher growth rate than firms that don't share these attributes. When you first look at it, SKP Resources Bhd's ROE doesn't look that attractive. However, its ROE is similar to the industry average of 10%, so we won't completely dismiss the company. Having said that, SKP Resources Bhd's net income growth over the past five years is more or less flat. Remember, the company's ROE is not particularly great to begin with. So that could also be one of the reasons behind the company's flat growth in earnings. Next, on comparing with the industry net income growth, we found that SKP Resources Bhd's reported growth was lower than the industry growth of 13% over the last few years, which is not something we like to see. Earnings growth is a huge factor in stock valuation. It's important for an investor to know whether the market has priced in the company's expected earnings growth (or decline). By doing so, they will have an idea if the stock is headed into clear blue waters or if swampy waters await. Has the market priced in the future outlook for SKPRES? You can find out in our latest intrinsic value infographic research report. Despite having a normal three-year median payout ratio of 49% (implying that the company keeps 51% of its income) over the last three years, SKP Resources Bhd has seen a negligible amount of growth in earnings as we saw above. So there might be other factors at play here which could potentially be hampering growth. For example, the business has faced some headwinds. Moreover, SKP Resources Bhd has been paying dividends for at least ten years or more suggesting that management must have perceived that the shareholders prefer dividends over earnings growth. Based on the latest analysts' estimates, we found that the company's future payout ratio over the next three years is expected to hold steady at 51%. However, SKP Resources Bhd's ROE is predicted to rise to 17% despite there being no anticipated change in its payout ratio. In total, we're a bit ambivalent about SKP Resources Bhd's performance. While the company does have a high rate of reinvestment, the low ROE means that all that reinvestment is not reaping any benefit to its investors, and moreover, its having a negative impact on the earnings growth. Having said that, looking at the current analyst estimates, we found that the company's earnings are expected to gain momentum. To know more about the company's future earnings growth forecasts take a look at this free report on analyst forecasts for the company to find out more. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
24-04-2025
- Business
- Yahoo
Owning 47% shares,institutional owners seem interested in SKP Resources Bhd (KLSE:SKPRES),
Given the large stake in the stock by institutions, SKP Resources Bhd's stock price might be vulnerable to their trading decisions The top 4 shareholders own 56% of the company Ownership research along with analyst forecasts data help provide a good understanding of opportunities in a stock AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. Every investor in SKP Resources Bhd (KLSE:SKPRES) should be aware of the most powerful shareholder groups. The group holding the most number of shares in the company, around 47% to be precise, is institutions. In other words, the group stands to gain the most (or lose the most) from their investment into the company. Given the vast amount of money and research capacities at their disposal, institutional ownership tends to carry a lot of weight, especially with individual investors. As a result, a sizeable amount of institutional money invested in a firm is generally viewed as a positive attribute. Let's take a closer look to see what the different types of shareholders can tell us about SKP Resources Bhd. Check out our latest analysis for SKP Resources Bhd Institutions typically measure themselves against a benchmark when reporting to their own investors, so they often become more enthusiastic about a stock once it's included in a major index. We would expect most companies to have some institutions on the register, especially if they are growing. We can see that SKP Resources Bhd does have institutional investors; and they hold a good portion of the company's stock. This implies the analysts working for those institutions have looked at the stock and they like it. But just like anyone else, they could be wrong. It is not uncommon to see a big share price drop if two large institutional investors try to sell out of a stock at the same time. So it is worth checking the past earnings trajectory of SKP Resources Bhd, (below). Of course, keep in mind that there are other factors to consider, too. Hedge funds don't have many shares in SKP Resources Bhd. Estate Of Gan Kim Huat is currently the company's largest shareholder with 29% of shares outstanding. In comparison, the second and third largest shareholders hold about 10% and 9.8% of the stock. Additionally, the company's CEO Poh Gan directly holds 5.1% of the total shares outstanding. Our research also brought to light the fact that roughly 56% of the company is controlled by the top 4 shareholders suggesting that these owners wield significant influence on the business. While it makes sense to study institutional ownership data for a company, it also makes sense to study analyst sentiments to know which way the wind is blowing. There are plenty of analysts covering the stock, so it might be worth seeing what they are forecasting, too. The definition of an insider can differ slightly between different countries, but members of the board of directors always count. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it. Insider ownership is positive when it signals leadership are thinking like the true owners of the company. However, high insider ownership can also give immense power to a small group within the company. This can be negative in some circumstances. Shareholders would probably be interested to learn that insiders own shares in SKP Resources Bhd. It has a market capitalization of just RM1.3b, and insiders have RM66m worth of shares, in their own names. It is good to see some investment by insiders, but it might be worth checking if those insiders have been buying. With a 13% ownership, the general public, mostly comprising of individual investors, have some degree of sway over SKP Resources Bhd. While this group can't necessarily call the shots, it can certainly have a real influence on how the company is run. We can see that Private Companies own 35%, of the shares on issue. It might be worth looking deeper into this. If related parties, such as insiders, have an interest in one of these private companies, that should be disclosed in the annual report. Private companies may also have a strategic interest in the company. It's always worth thinking about the different groups who own shares in a company. But to understand SKP Resources Bhd better, we need to consider many other factors. For instance, we've identified 2 warning signs for SKP Resources Bhd that you should be aware of. If you would prefer discover what analysts are predicting in terms of future growth, do not miss this free report on analyst forecasts. NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. 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Yahoo
24-03-2025
- Business
- Yahoo
SKP Resources Bhd (KLSE:SKPRES) shareholders have earned a 11% CAGR over the last five years
It hasn't been the best quarter for SKP Resources Bhd (KLSE:SKPRES) shareholders, since the share price has fallen 23% in that time. But that doesn't change the fact that the returns over the last five years have been respectable. It's good to see the share price is up 48% in that time, better than its market return of 48%. Unfortunately not all shareholders will have held it for five years, so spare a thought for those caught in the 36% decline over the last three years: that's a long time to wait for profits. So let's investigate and see if the longer term performance of the company has been in line with the underlying business' progress. The end of cancer? These 15 emerging AI stocks are developing tech that will allow early identification of life changing diseases like cancer and Alzheimer's. In his essay The Superinvestors of Graham-and-Doddsville Warren Buffett described how share prices do not always rationally reflect the value of a business. By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time. During five years of share price growth, SKP Resources Bhd achieved compound earnings per share (EPS) growth of 4.0% per year. This EPS growth is lower than the 8% average annual increase in the share price. This suggests that market participants hold the company in higher regard, these days. And that's hardly shocking given the track record of growth. The graphic below depicts how EPS has changed over time (unveil the exact values by clicking on the image). We're pleased to report that the CEO is remunerated more modestly than most CEOs at similarly capitalized companies. It's always worth keeping an eye on CEO pay, but a more important question is whether the company will grow earnings throughout the years. This free interactive report on SKP Resources Bhd's earnings, revenue and cash flow is a great place to start, if you want to investigate the stock further. As well as measuring the share price return, investors should also consider the total shareholder return (TSR). The TSR is a return calculation that accounts for the value of cash dividends (assuming that any dividend received was reinvested) and the calculated value of any discounted capital raisings and spin-offs. It's fair to say that the TSR gives a more complete picture for stocks that pay a dividend. In the case of SKP Resources Bhd, it has a TSR of 71% for the last 5 years. That exceeds its share price return that we previously mentioned. This is largely a result of its dividend payments! It's good to see that SKP Resources Bhd has rewarded shareholders with a total shareholder return of 1.1% in the last twelve months. Of course, that includes the dividend. However, that falls short of the 11% TSR per annum it has made for shareholders, each year, over five years. Potential buyers might understandably feel they've missed the opportunity, but it's always possible business is still firing on all cylinders. It's always interesting to track share price performance over the longer term. But to understand SKP Resources Bhd better, we need to consider many other factors. Case in point: We've spotted 1 warning sign for SKP Resources Bhd you should be aware of. But note: SKP Resources Bhd may not be the best stock to buy. So take a peek at this free list of interesting companies with past earnings growth (and further growth forecast). Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on Malaysian exchanges. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
