Posted by Tiger66 > Oct 2, 2019 10:11 AM | Report Abuse

company with asset but no soul

Posted by sell > Oct 9, 2019 3:57 PM | Report Abuse

Director even selling.

Posted by lachai2004 > Oct 10, 2019 6:55 PM | Report Abuse

Selling was done by controlling shareholders and the same time the company was buying back to push up the price?

Posted by lachai2004 > Oct 28, 2019 5:07 PM | Report Abuse

The company had cut the losses incurred by Tom Ho Wan and increased the investment in 4 strategic divisions for 2019. The current quarter result shown that the losses had narrowed down.

Due to losses incurred in last 3 years, currently It's share price had plummeted to 0.40 from high of 1.60 which is left with 25% only.

The sales turnover per year is about 1.2billion with 4 divisions contributed almost evenly and with a paid up of 120 millions. Implying that, with small capital doing big business.

Furthermore, the assets were not revalue for many many years! So, if any of next coming quarters that it is able to show some profits, you may miss the golden opportunity for not accumulate now!!

Posted by lachai2004 > Oct 28, 2019 5:11 PM | Report Abuse

Reason for buy: turnaround/ recovery with expansion!

Posted by techlee229 > Oct 30, 2019 5:35 PM | Report Abuse

Texchem Resources Bhd reported a net profit of RM2.42 million for its first quarter ended March 31, 2019 (1QFY19), as it recorded an exceptional income of RM4.54 million versus a net loss of RM2 million in the same quarter last year.

Posted by BN256 > Nov 4, 2019 2:35 PM | Report Abuse

should change all the management and revamp and instil more dynamic talented managers in the group.

Posted by tradeworld > Nov 5, 2019 10:40 AM | Report Abuse

Old management shall resign lah...shame !!!.. these people is stumbling block to the Co. how many years is under performance.

Posted by bluechip > Nov 5, 2019 11:24 AM | Report Abuse

Hope tis year Got dividend

Posted by tradeworld > Nov 5, 2019 1:50 PM | Report Abuse

Old management resign = hope. retrench them and return their pay to pay dividend

Posted by bluechip > Dec 3, 2019 4:50 PM | Report Abuse

Management still active alive or passive dead??hopeless counter wei!!!!! No news at all

Posted by bluechip > Dec 3, 2019 4:51 PM | Report Abuse

Useless yapunese boss

Posted by tradeworld > Dec 5, 2019 1:10 PM | Report Abuse

sleeping lah !!! mengatuk semua managers

Posted by caveatemptor2050 > Dec 13, 2019 10:12 PM | Report Abuse

The NO brain director has left....
Only the goon director still there
The Nippon chairman may decide to quietly REVALUE all the properties.... (as Calvin pointed out like AJInomoto last time)....the only hope for this share to jump to 2 next year

Posted by tradeworld > Dec 24, 2019 10:12 AM | Report Abuse

it look like the share is moving.....

Posted by wah168 > Jan 10, 2020 2:25 PM | Report Abuse

bad news is coming... so people through the share

Posted by tradeworld > Jan 17, 2020 4:24 PM | Report Abuse

when is break 0.50?

Posted by Fabien "The Efficient Capital Allocater" > Mar 3, 2020 9:34 PM | Report Abuse

Take a look at this perspective

Texchem market cap is 52million
Latest operating cash flow is 75.6million
Adjusted for capex, free cash flow is RM53mil

One year generation of FCF is equal to the entire market cap

Posted by sense maker > Mar 5, 2020 10:03 PM | Report Abuse

You stand corrected.

Mkt cap is RM43m only (a portion of its shares are held by its subsidiary).
Operating cash flow is Rm32m (basically this is yearly depreciation expense, excluding that of right of use)
Free cash flow after paying interest expense and taxes but before capex is Rm12m. This may, just may, improve to Rm15m-20m in 2020 (with closure of loss-making restaurants and further cost rationalisation in all segments)
If it can cap 2020 capex at rm10m, it has the capacity to declare 5sen-10sen dividend in Dec 2020, while keeping its net debt below Rm100m.

Posted by sense maker > Mar 25, 2020 11:08 PM | Report Abuse

Rm23m for the whole company now. Fire-sales price level.

Posted by apolloang > Mar 25, 2020 11:47 PM | Report Abuse

pastor recommended buy at 1.10 got 10cts dividend....now lost 80% he will tell u he sold at 1.50.....hahaha

Posted by Jared0121 > Apr 26, 2020 9:33 PM | Report Abuse

wahhahahah

Posted by yip_net > Apr 30, 2020 12:37 AM | Report Abuse

This company also selling rubber and latex chemical to gloves company why nobody interesting??

Posted by sense maker > May 27, 2020 8:05 PM | Report Abuse

Wah. They are diversifying into manufacturing of latex glove chemicals. Good.

But The ceo should be sacked. Times were bad in 2019, they still spent RM33m on capex, only to produce loss after tax again. Now, they say company has no money to pay dividend.

Posted by Cheongster1715 > Jun 1, 2020 6:07 PM | Report Abuse

The company is distribute the chemicals for latex gloves long time ago. Recently, they also produce tex-shield.

Posted by yip_net > Jun 1, 2020 8:00 PM | Report Abuse

Yes, SCGM also doing face shield and share price from 0.80 to 1.85 already fly to sky, but texchem is produce PPE products like latex chemical ,tex-face shield and medical device contract manufacturing but share price only 0.36 and NTA is Rm 1.95.

Posted by Cheongster1715 > Jun 1, 2020 8:40 PM | Report Abuse

Texchem fully control by datuk konishi.. They are similar like luxchem.. Just buy some to keep.. Who knows people start goreng.. The price easy to limit up.

Posted by sapurakencana > Jun 1, 2020 9:32 PM | Report Abuse

Yip_net pls advise the sources of texchem is produce PPE products like latex chemical ,tex-face shield and medical device contract manufacturing,thanks alot

Posted by yip_net > Jun 1, 2020 9:33 PM | Report Abuse

May be people don't like this company.

Posted by sapurakencana > Jun 1, 2020 9:38 PM | Report Abuse

No, Dato Konishi more concentrate on restaurant rather than other section,this cause the profit can not improve.If they can turn the concerntration on semicon ,may be the result wil be difference

Posted by sapurakencana > Jun 1, 2020 9:39 PM | Report Abuse

Yip,may i know the source of your info that you mention above.

Posted by yip_net > Jun 1, 2020 9:54 PM | Report Abuse

Go to face book- texchem group can find out the answer or texchem company websites for more new.

Posted by yip_net > Jun 1, 2020 10:04 PM | Report Abuse

Mr Sapura, the important thing is nobody like to promote this company.

Posted by sapurakencana > Jun 1, 2020 10:38 PM | Report Abuse

that means the trading within this 2 month is trade within the director or share buy back.

Posted by thomc > Jun 1, 2020 10:52 PM | Report Abuse

anybody attending the general meeting please ask them how can they keep making loss. what have they done to turn around ?

Posted by sapurakencana > Jun 2, 2020 11:44 AM | Report Abuse

UNDER mco,ALL THE agm ARRANGE ONLINE,DO REGISTER BEFORE ATTEND,SO YOU CAN ASK WHAT EVER YOU WANT.

Posted by sense maker > Jun 2, 2020 2:21 PM | Report Abuse

New biz activity soon: manufacture of latex glove chemicals, in addition to the existing distribution of the same.

Posted by sapurakencana > Jun 2, 2020 3:44 PM | Report Abuse

prove of the sources of new biz,if the answers is yes,the Mr Market will react.

Posted by BN256 > Jun 2, 2020 3:56 PM | Report Abuse

so, the profit is good for this time

Posted by sense maker > Jun 2, 2020 5:18 PM | Report Abuse

Sapurakencana, On page 4 of annual report, this Ah yap cakap mah, 9th sentence from the bottom, about starting latex glove chemicals manufacturing.