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Last Price Today's Change   Day's Range   Trading Volume
3.08   -0.01 (0.32%)  3.08 - 3.09  171,800
671 comment(s). Last comment by Ammar Roshidy at Dec 26, 2020 8:58 AM
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Lucky81
495 posts

Posted by Lucky81 > Apr 25, 2020 5:13 PM | Report Abuse

doji sp500 up,


char1234
4809 posts

Posted by char1234 > Apr 25, 2020 6:50 PM | Report Abuse

doji ?? indecisive ??


wilson0602
1 post

Posted by wilson0602 > Apr 26, 2020 1:33 PM | Report Abuse

now enter will it be consider late?


tansoonyg
58 posts

Posted by tansoonyg > Apr 26, 2020 2:12 PM | Report Abuse

will go up further when you compare with LUXCHEM.


stockraider
20949 posts

Posted by stockraider > Apr 26, 2020 4:27 PM | Report Abuse

Ccm only do little bit range of chemical, how can u compare with my sifu luxchem who have a very comprehensive range leh ??


Posted by tansoonyg > Apr 26, 2020 2:12 PM | Report Abuse

will go up further when you compare with LUXCHEM.


Hush77
1120 posts

Posted by Hush77 > Apr 27, 2020 9:35 AM | Report Abuse

major shareholder is PNB and it service the glove industry


Hush77
1120 posts

Posted by Hush77 > Apr 27, 2020 9:37 AM | Report Abuse

so it has strong institutional shareholder backing , and added capacity in pengerang which will serve the rubber and glove industry.. trade way below NTA.. Dividend is 5% and PE is around 9 to 10X


Value888
601 posts

Posted by Value888 > Apr 27, 2020 11:23 AM | Report Abuse

low oil price might affect its Pengerang business.


Hush77
1120 posts

Posted by Hush77 > Apr 27, 2020 11:32 AM | Report Abuse

the pengerang expension is to cater for rubber glove manufacturer increased in demand..


“With a plant situated in close proximity to Pasir Gudang within a duopoly chlor–alkali market, CCM stands to benefit from Rapid’s commissioning. Polymer coating demand is also expected to continue its growth.”

This, the research house said, is based on the long-term growth prospects of the rubber glove manufacturers, with planned capacity expansions of around 50 billion pieces from the existing 200 billion pieces by 2020


Lychien20
272 posts

Posted by Lychien20 > Apr 27, 2020 12:15 PM | Report Abuse

vroooomm.....


Lychien20
272 posts

Posted by Lychien20 > Apr 27, 2020 5:15 PM | Report Abuse

steady closing.


char1234
4809 posts

Posted by char1234 > Apr 27, 2020 7:55 PM | Report Abuse

116 close,high was 121...


123eztrade
415 posts

Posted by 123eztrade > Apr 27, 2020 8:07 PM | Report Abuse

unbelievable run ..bravo!!!


char1234
4809 posts

Posted by char1234 > Apr 27, 2020 8:16 PM | Report Abuse

gap up 5ct from opening...strong start but weak finish to my opinion


char1234
4809 posts

Posted by char1234 > Apr 27, 2020 8:16 PM | Report Abuse

tomorrow test 121 again


newbie9999
301 posts

Posted by newbie9999 > Apr 28, 2020 10:17 AM | Report Abuse

today test 1.10 again..


char1234
4809 posts

Posted by char1234 > Apr 28, 2020 12:29 PM | Report Abuse

test low susah


char1234
4809 posts

Posted by char1234 > Apr 28, 2020 12:30 PM | Report Abuse

glove and chemical counter .. profit taking


char1234
4809 posts

Posted by char1234 > Apr 28, 2020 7:14 PM | Report Abuse

exactly 1.10 !!


invest2011
20 posts

Posted by invest2011 > Apr 30, 2020 4:30 PM | Report Abuse

Taking a breather before further up again


volks2
1047 posts

Posted by volks2 > May 4, 2020 11:08 AM | Report Abuse

no power


240902
28 posts

Posted by 240902 > May 8, 2020 11:39 AM | Report Abuse

Moving now...up 0.10 Cents......any reason Sifus....thanks


Coldman
18 posts

Posted by Coldman > May 12, 2020 11:54 AM | Report Abuse

ong mali ong mali......


yeoqian
30 posts

Posted by yeoqian > May 12, 2020 2:47 PM | Report Abuse

Among all the chemical companies, i believe this should stand out among them all.

Chemicals units:

- Produce chemicals for disinfectant such as HYDROCHLORIC ACID & sodium hypochlorite for Covid 19 as approved by WHO, MOE, etc.

- Calcium Nitrate - for Lates Dipping coagulant


Polymers Unit:
- Top 3 market position for Polymer Coatings in the gloves industry.


Will update more

source:

https://www.insage.com.my/ir/cmn/loadpdf.aspx?sCompanyCode=CCM&sFileName=19241000033516


https://www.insage.com.my/ir/cmn/loadpdf.aspx?sCompanyCode=CCM&sFileName=19210000033112


Believers win..


sage1991
2 posts

Posted by sage1991 > May 12, 2020 3:55 PM | Report Abuse

When TP....Sifu please advice..


sage1991
2 posts

Posted by sage1991 > May 12, 2020 3:59 PM | Report Abuse

or TP after 4th June (Ex date for dividend)??


bahai4453
2189 posts

Posted by bahai4453 > May 13, 2020 12:14 AM | Report Abuse

TP Rm 2.00. Next dividen will be more.


vatbitrage
8 posts

Posted by vatbitrage > May 14, 2020 1:42 PM | Report Abuse

long term buy


bahai4453
2189 posts

Posted by bahai4453 > May 14, 2020 4:15 PM | Report Abuse

Yes, long term buy and keep buying below 1.50. TP long term 2.00 ++. No affected by covid-19. Rubber glove need this company for raw material.


bahai4453
2189 posts

Posted by bahai4453 > May 15, 2020 11:00 AM | Report Abuse

CCM: Banks on delayed Petronas contract, chlor-alkali capacity expansion. Chemical Company of Malaysia (CCM) targets to reap this year the benefits from two projects put off from 2019, a caustic soda supply contract to Petronas’ Refinery and Petrochemical Integrated Development (RAPID) facilities and capacity expansion to meet the growing demand for chlor alkali products. The deal to supply up to 351,000 mt of caustic soda to the national oil company was expected to take off in the second half of this year. (Bernama).


Registered_ID
108 posts

Posted by Registered_ID > May 20, 2020 1:05 AM | Report Abuse

Among the big ones like PetChem, Imaspro, and Southern Acids, they are all green today 19/5.
Let's if CCM rebound for the next 3 days. I noticed the major shareholder is PNB, it should be a rock solid counter.


bahai4453
2189 posts

Posted by bahai4453 > May 20, 2020 12:01 PM | Report Abuse

1.50 below is very cheap.


kelvin17
507 posts

Posted by kelvin17 > May 23, 2020 11:08 AM | Report Abuse

this qtr result the revenue is the same but profit drop alot . why ? i suppose with the glove industry picking up like no tomorrow why CCM performance become worse ? anyone can help to explain TQ


kelvin17
507 posts

Posted by kelvin17 > May 23, 2020 11:10 AM | Report Abuse

thats the reason share price drop from 1.5 to 1.3 , can not understand why poor performance


Registered_ID
108 posts

Posted by Registered_ID > May 24, 2020 1:53 PM | Report Abuse

The retreat in q1 profit margin is due to higher cost of material. Demand wise remained intact as you can see the group revenue is not shaken during MCO.

Relavancy to glove industry has been proven by higher revenue and profit in CCM polymer segment.

However, the maximum positive effect from glove market towards CCM will reflect later because glove factories normally purchase raw material 3 months in advance. So, you will see glove factories starts to place more order for raw material starting from April onwards, probably lock in for the next 9 months to 12 months. These raw material is very important, without them, glove factories cannot produce glove.

I am only touching on the glove related matter because i used to work for one of the big four glove company and CCM is our main supplier.

Rapid project for Petronas is definitely another plus point but i dont have much knowledge and cant comment


ayamSG
75 posts

Posted by ayamSG > May 27, 2020 11:29 AM | Report Abuse

https://www.tradingview.com/chart/CCM/9j27ozYV-CCM-Bullish-continue/


rizalrosly
5 posts

Posted by rizalrosly > May 27, 2020 3:47 PM | Report Abuse

https://3wnews.org/uncategorised/981425/outlook-of-ferric-chloride-hexahydrate-market-with-focusing-key-players-like-brenntag-uk-ireland-chemical-company-of-malaysia-kemira/


yeoqian
30 posts

Posted by yeoqian > May 29, 2020 8:53 AM | Report Abuse

Overlooked counter waiting to be explored like scomnet..:)


yeoqian
30 posts

Posted by yeoqian > May 29, 2020 9:12 AM | Report Abuse

Dont get me wrong, its not about the medical supplies. but more on the supplies to glove manufacturing i ;ve posted previously.

With the increase in ASP of gloves, i believe the company is able to tap on the higher selling price in its raw materials as well.

First barrier will be the previous high @ 1.58..

If it's able to stand above 1.54.. more upside to be seen in the coming weeks.


Coldman
18 posts

Posted by Coldman > May 29, 2020 4:58 PM | Report Abuse

but this counter always 1 day show and down again


bahai4453
2189 posts

Posted by bahai4453 > May 31, 2020 10:44 PM | Report Abuse

One day show is better than not showing at all. hahahaha................


Equityengineer
1674 posts

Posted by Equityengineer > Jun 3, 2020 3:53 PM | Report Abuse

Second Interim Dividend in respect of the financial year ended 31 December 2019 of 2.00 sen per ordinary share

Ex date : 4th Jun 2020


kelvin17
507 posts

Posted by kelvin17 > Jun 7, 2020 3:30 AM | Report Abuse

why LUXCHEM price went up so high and ccm still never move ?


stevan
1 post

Posted by stevan > Jun 7, 2020 11:59 PM | Report Abuse

LUXCHEM is a goreng counter, but CCM is a steady counter


bahai4453
2189 posts

Posted by bahai4453 > Jun 8, 2020 4:45 PM | Report Abuse

Just hold right quietly. Wait for the good.


bahai4453
2189 posts

Posted by bahai4453 > Jun 9, 2020 5:30 PM | Report Abuse

This counter you can sleep well if you can hold ! Dividend itself will cut down on your investment capital gradually. Don't worry!


kelvin17
507 posts

Posted by kelvin17 > Jun 16, 2020 10:23 AM | Report Abuse

can not sleep well when others drop he also drop but when other go up he remain unchange


bahai4453
2189 posts

Posted by bahai4453 > Jun 17, 2020 4:58 PM | Report Abuse

why cannot sleep ? I just add on, GLC leh.


bahai4453
2189 posts

Posted by bahai4453 > Jun 17, 2020 4:59 PM | Report Abuse

World cannot survive without Chemical !


Louise4
337 posts

Posted by Louise4 > Jun 19, 2020 9:38 AM |

Post removed. Why?

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