Highlights
KLSE: CCM (2879)       CHEMICAL CO OF MALAYSIA BHD MAIN : Industrial Products
Last Price Today's Change   Day's Range   Trading Volume
3.09   -0.01 (0.32%)  3.09 - 3.10  125,800
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Overview

Market Cap: 518 Million
NOSH: 168 Million
Avg Volume (4 weeks):384,521
4 Weeks Range:3.07 - 3.11
4 Weeks Price Volatility (%):
50.00%
52 Weeks Range:0.59 - 3.11
52 Weeks Price Volatility (%):
99.21%
Average Price Target: 1.93
Price Target Upside/Downside: -1.16
Stamp duty exempted for year 2021

Financial Highlight

Latest Quarter | Ann. Date 30-Sep-2020 [#3]  |  19-Nov-2020
Next QR | Est. Ann. Date: 31-Dec-2020  |  20-Feb-2021
T4Q P/E | EY: 175.12  |  0.57%
T4Q DY | Payout %: 0.65%  |  113.35%
T4Q NAPS | P/NAPS: 1.9  |  1.63
T4Q NP Margin | ROE: 1.08%  |  0.93%

Headlines

Date Subject
18-Jan-2021 Mplus Market Pulse - 18 Jan 2021
08-Dec-2020 Mplus Market Pulse - 8 Dec 2020
26-Nov-2020 Chemical Company of Malaysia - Dragged by chemical segment and ORICA
23-Nov-2020 CCM disposal a strategic move, profits generated will be reused for new investments, say PNB
20-Nov-2020 Mplus Market Pulse - 20 Nov 2020
20-Nov-2020 Chemical Company of Malaysia - Dragged by chemical segment and ORICA
18-Nov-2020 [转贴] [Video:浅谈CHEMICAL COMPANY OF MALAYSIA BHD, CCM, 2879] - James的股票投资James Share Investing
18-Nov-2020 Mplus Market Pulse - 18 Nov 2020
18-Nov-2020 Chemical Company of Malaysia - Conditional takeover offer
16-Nov-2020 PublicInvest Research Headlines - 16 Nov 2020
16-Nov-2020 Mplus Market Pulse - 16 Nov 2020
13-Nov-2020 马化工迈向RM2.45/敏源
22-Oct-2020 马化工迈向RM1.93/敏源
15-Oct-2020 国投拟售马化学?首轮竞标周五进行
15-Oct-2020 PNB is said to mull sale of chemical company of Malaysia stake
07-Oct-2020 Trading Stocks - Chemical Co Of Malaysia
22-Sep-2020 Daily Technical Highlight - (BSTEAD, CCM)
14-Sep-2020 三管齐下加强业务‧马化学展望谨慎乐观
26-Aug-2020 Chemical Company of Malaysia - Higher Caustic Volumes to Offset Weak ASP
25-Aug-2020 Chemical Company of Malaysia - Weak Chemical Segment Remains a Drag

Business Background

Chemical Co of Malaysia Bhd is a Malaysia based investment holding company. Through its subsidiaries, the firm is primarily engaged in the manufacturing of pharmaceuticals, chemicals, and polymers. The operating segments of the group are Pharmaceuticals, Chemicals, and Polymers. It generates a majority of revenue from the Pharmaceuticals segment, which includes manufacturing and marketing of pharmaceutical and healthcare products. The group operates in Malaysia, Indonesia, Singapore and other countries.
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  3 people like this.
 
dingdonghuat Don't trust...just see..I maintain 4.1

Just don't kpkb when it hit
16/11/2020 5:16 PM
ilovekl Wow dingdonghuat like ur spirit. Hope it may come true. Haha
16/11/2020 7:47 PM
Dakewlest Can still buy??
17/11/2020 2:07 AM
dingdonghuat mark my word..all still not late to the game..still have a big upside..
17/11/2020 9:14 AM
Lich Bullrun18 Reach my TP sold all @ 2.80 & @ 2.81 see you again .....

Sayonara. As long as you are happy.
17/11/2020 10:02 AM
Lich you could be happier....
17/11/2020 10:37 AM
Lich toot toot toot...your captain's speaking here.
Get ready to aboard the ship. I repeat. Get ready to aboard the ship.
17/11/2020 11:04 AM
tmore1 more positive signs from CEO?

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3105485
17/11/2020 12:56 PM
wonderboy99 lai apa lagi dingdonghuat tp 4.1
17/11/2020 1:44 PM
Lich CEO pun tak takut, kita takut apa...
17/11/2020 2:36 PM
Dakewlest Anything brewing?
17/11/2020 3:08 PM
Lich not. sure. probably fantastic QR?
17/11/2020 3:10 PM
Lich ask ding dong huat la....
17/11/2020 3:10 PM
Lich crazy though...look at the q. no sellers.. what are they holding on for?
17/11/2020 3:12 PM
dingdonghuat Kawan2 sekalian, cepat naik kapal..engine sangat panas mau pecut sudah..fast fast..once sail, memang x tunggu lagi..still alot of meat up there..the longer u wait, the thinner the meat. Fast..last call...toot toot
17/11/2020 3:27 PM
Lich sellers so desperate to stop it from flying....but
17/11/2020 3:56 PM
Dakewlest Bought at RM2.79. Hopefully the price can go above RM3.00.
17/11/2020 3:57 PM
dingdonghuat those sold, pls dont come back to i3 anytime soon...i m very concern on your well-being and mental state of mind.
17/11/2020 3:57 PM
dingdonghuat u can call befrienders...its FOC
17/11/2020 3:58 PM
Dakewlest Dingdong, what is ur TP?
17/11/2020 4:27 PM
Lich closing 2.80?? Then 3 ish tomorrow? Then 4.1??
17/11/2020 4:34 PM
dingdonghuat Official 4.1x..busuk2 also 3.8-3.9..
17/11/2020 4:51 PM
mangkal1 Wahh..busuk busuk.
17/11/2020 4:59 PM
dp_pupi I like busuk2
17/11/2020 5:12 PM
ty Y 2.8 tp
17/11/2020 6:59 PM
Dakewlest Dingdong, what make u so bullish about this counter? Mind to share?
17/11/2020 7:28 PM
dp_pupi https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3105798
17/11/2020 8:12 PM
dingdonghuat https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3105744
17/11/2020 8:14 PM
dingdonghuat Huat ar everyone who hold...
17/11/2020 8:14 PM
dingdonghuat No selling on news...steady pom pi pi
17/11/2020 8:14 PM
dingdonghuat Rm 3.1 big money.....so happy for everyone
17/11/2020 8:15 PM
dingdonghuat I hope you all bought enuf for financial freedom
17/11/2020 8:15 PM
dingdonghuat Tomorrow let us reach the pinnacle together hand in hand
17/11/2020 8:16 PM
dingdonghuat Dakewlest, u did the right choice.. tomorrow sure huat
17/11/2020 8:17 PM
dp_pupi Busuk2 also besok open $3.1 kekekekke
17/11/2020 8:19 PM
ilovekl Ok tomorrow can delete this stock n q sell back to Batu Kawan
17/11/2020 8:32 PM
ilovekl Thanks all for the short but entertaining trip
17/11/2020 8:32 PM
gemfinder No more upside. The most is 2.9x
17/11/2020 9:49 PM
observatory Now we know why the CCM share price has moved up from RM1.23 in Oct2 to RM2.79 today. It was just announced that Batu Kawan would buy PNB's 56% stake of CCM at RM3.10. This would trigger a mandatory general offer.

https://www.thestar.com.my/business/business-news/2020/11/17/batu-kawa...

What is interesting is that the CEO of CCM, Encik Mukri bin Harun, who used to own zero shares in his company, announced the intention to deal in CCM shares on 3 Nov.

https://www.bursamalaysia.com/market_information/announcements/company...

The CEO then bought 120,00 shares on Nov 9 and 10 at an average price of RM2.28. What a coincidence!

https://www.bursamalaysia.com/market_information/announcements/company...

Is the CEO going to cash out at RM3.10, which would have netted him a 36% profit or close to RM100k?

Perhaps Encik Mukri bin Harun has merely expressed his strong confidence in the company's future under his stewardship? In that case, he should forgo the MGO. He should hold his shares for the long term, casting a vote of confidence in his own leadership!
17/11/2020 9:51 PM
farid Batu Kawan Bhd, which controls Kuala Lumpur Kepong Bhd, has proposed to buy a 56.32% stake in Chemical Company of Malaysia Bhd (CCM) from Permodalan Nasional Bhd (PNB) for RM292.97 million cash, or RM3.10 per share.Subsequently, Batu Kawan will make a mandatory general offer at RM3.10 per share to buy all the remaining shares in CCM.Batu Kawan said it intends to maintain the listing status of CCM on Bursa Malaysia subsequent to the MGO.The transaction price of RM3.10 represents a premium of 11.11% over CCM's closing price of RM2.79 today — the highest level in 12 years.
17/11/2020 11:33 PM
firehawk ya lor, before announcement already risen very significantly ... it's insider tradings .....
17/11/2020 11:33 PM
farid Batu Kawan said it had entered into a conditional share purchase agreement with PNB and Amanahraya Trustees Bhd (ART), both collectively holding 56.32% stake in CCM.
ART is a trustee for Amanah Saham Malaysia, Amanah Saham Bumiputera and Amanah Saham Bumiputera 3-Didik unit trust funds for the proposed transaction.
At RM3.10 apiece, the purchase consideration represents a premium over the last transacted price and volume weighted average market price (VWAMP) of CCM shares up to and including Nov 16.
It said the premium was between 27.52% and 107.43% for five-day and one-year’s VWAMP of CCM shares of RM2.43 and RM1.49 respectively.The proposed acquisition will be funded via internal funds whereas the proposed offer will be funded via internal funds and/or bank borrowings.
17/11/2020 11:33 PM
farid Batu Kawan said the acquisition will increase the group’s market presence as a chlor-alkali chemicals manufacturer as well as to unlock value through the realisation of operational efficiencies in logistics, distribution and procurement.
CCM saw a steep climb on its share price since mid-October on news that PNB was mulling over divesting its stake in CCM.
CCM is principally an investment holding and management company whilst its subsidiaries are engaged in the manufacturing and marketing of chlor-alkali chemicals and polymers products and services. Caustic soda is the group’s core product.
CCM has a three-year supply contract with Petroliam Nasional Bhd (Petronas) to supply 351,000 tonnes of caustic soda for Refinery and Petrochemical Integrated Development (Rapid) Project in Pengerang, Johor. The contract commenced in April last year.
17/11/2020 11:34 PM
farid CCM’s polymer division’s products are being used by the glove industry, and good demand is expected to continue for the remainder of 2020.
The proposed acquisition is subject to the consent of a lender bank in respect of the banking facilities provided to the CCM group for the transfer of the sale shares. However, the proposals are not subject to approval of the shareholders of the company.
Subject to the fulfilment of the condition precedent, the proposals are expected to be completed by the first quarter of 2021.
17/11/2020 11:34 PM
Hush77 now u can take profit, unless u think they will offer u higher later..
18/11/2020 10:26 AM
ilovekl Give them back lio la... can’t fully earn them. Give and take la. I not greedy to max earn them. Consider good lor Batu Kawan give such a premium
18/11/2020 12:15 PM
Dakewlest I keep some for future since batu kawan will keep the listing for ccm in bursa.
18/11/2020 12:18 PM
James Ng https://klse.i3investor.com/blogs/general/2020-11-18-story-h1536492732.jsp
[转贴] [Video:浅谈CHEMICAL COMPANY OF MALAYSIA BHD, CCM, 2879] - James的股票投资James Share Investing
18/11/2020 7:11 PM
James Chan so what happens to this share now, let it maintains the price at 3.04?
04/12/2020 10:26 AM
Ammar Roshidy With the change in Management the only way it can go is up. Unless the the staff start to do what MAS staff did, when TF gave his views. So just wait and seelah. My prediction is in 2022 it will hit RM5.
26/12/2020 8:58 AM


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