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Overview
Financial Highlight
Headlines
Business Background Nylex Malaysia Bhd is principally involved in investment holding and the manufacture and marketing of vinyl-coated fabrics, calendered film and sheeting, rotomoulded plastic products, and other plastic products, including geotextiles, prefabricated sub-soil drainage systems, bulk chemical container, road barriers, playground equipment and disposal bins. The group comprises the following business segments namely Polymer division and the industrial chemical division. The polymer division includes manufacture and marketing of polyurethane and vinyl-coated fabrics. The industrial chemical comprises of trading, manufacture, and sale of petrochemicals and industrial chemical products. The firm's business in Malaysia contributes most of its revenue.
  kimao123 I believe market shall start to gv nylex a better evaluations due to two main factors... strengthening of ringgit and better crude oil prices.. look at its peers in industry like luxchem, samchem and petchem... alr start moving.... 28/01/2018 11:48 AM Dartmaster Have to agree with tcs888. Monkey you need to understand that our KLCI index is mostly made up of bank and consumer stocks.. Easily manipulated to make our market look good. Overall, most mid and small caps are still going down. Hence, market is still consider bad especially to those that do no have have huge capital to invest in blue chips. Today itself only 300 stocks are up and the majority of share is either down or unchanged. Out of the 300 shares a quarter of it have an increment of only 0.5 cents.. So yes market is still bad sigh 30/01/2018 12:17 AM pareto_8020 True... KLCI only consist of certain counters (kindly refer to google), the market still got other small and medium caps as well... btw nylex has indicated of good signal to enter, let's see! 30/01/2018 1:20 AM tcs888 is okay , we invest on the company, nylex is a good company, if u hald holding power, just give some time to shine.. before a gem is produced, he is juz a rock,,, we shall wait for nylex's return.. today seems to be another good start for nylex.. rm 0.9 is not far 30/01/2018 9:29 AM  mobidick Too many contra, too little investor. This should have been the counter's time to reverse but it didn't happen. Incoming CNY will bleed even more counter. 30/01/2018 7:37 PM Simple Man Nylex (M) is monetising its logistics subsidiary, NYL Logistics SB, for RM14.4m, as the group does not foresee it delivering high returns. Nylex said it, together with Bon Kok Meng, has signed a share sale agreement to dispose of 2.2m shares representing 100% of the issued and paid-up share capital in NYL to Astachem Holdings SB. Cash proceeds raised via the proposed disposal will be used for Nylex's working capital, it added. It expects the proposed disposal, which will contribute a gain of RM1m, to be completed within 90 days. (The Edge) 04/04/2018 10:14 AM CT Bottom at 61 plus Company share buy back. Time to buy again. Trend show up..Just back at lowest.. 18/07/2018 3:12 PM CT PE 6 only and most importantly industrial sector is above 200MA. So just buy in.. 19/07/2018 2:04 AM kyosan they manufacture ethanol.... read this http://www.theedgemarkets.com/article/surprise-fuel-flows-sparked-raging-uschina-trade-war 19/11/2018 5:32 PM Jeffreyteck Why buying back? Give dividend is better. Is it buy back from those with esos? Any check and balance? 15/07/2019 2:44 PM ytliew Jeffreyteck, I have the same feeling, wrote to them, and below is the reply: Dear Sir/Madam, Thank you for your email. We noted your comments therein. We wish to inform you that our business operations have not been affected in anyway by the share buy-back. The Company’s share buy-back is carried out in accordance with the procedures and mandate given by the shareholders of the Company and is in the interest of the shareholders and the Company. Regards, Choo Se Eng Company Secretary I have further asked but so far no response : Hi Choo Se Eng, Thank you for your reply. I refer to your reply .... " and is in the interest of the shareholders and the Company." 1. How can you be sure buying on daily basis is aligned with the interest of the shareholders and the Company. It doesn't seem to be supporting the share price or moving it up, or anything. 2.What exactly is the benefits or interest that we are looking at currently by buying on daily basis? 3. What is the company's internal policy to prevent the person entrusted to do the share buy back is clean? I am imagining, "if" let me do the job, I will be making a lot of money buy now with a few buying and selling strategies, since I am quite sure whatever price I bought, I can log on to the company account to buy it back from my personal/proxy account. I noted a few times the "timing" daily transactions look so weird, one someone sold, next moment (less than few seconds, there is a bought, and thereafter it can be no more transaction the rest of the day. 4. I have checked thru various announcements for share buy back and noted that your company has the highest, almost daily SBB transactions in Bursa. Why abnormal compared to others? 5. Will your method of buying on daily basis will achieve intended results? What is the results that you want to achieve? 6. Can you please justify that you buy on daily basis will meet the mandate? Thank you. Your faithfully 17/07/2019 9:07 AM Jeffreyteck TQVM Tyliew. You are great for taking the trouble to check with the company. Personally I don't buy in arguments for shares buy back which may subject to abuse and mislead the market. Good profit making together with reasonable dividends may able to support the price. Genm bought its shares at above $5, then above $4, now is only trading at $3.35. Anyway, good luck for your investment. 17/07/2019 1:45 PM Jeffreyteck Tighthen safety belt. Buy back more.... mislead the market? Performance dropped. 29/10/2019 6:21 PM  | |
