Highlights
KLSE: SAMCHEM (5147)       SAMCHEM HOLDINGS BHD MAIN : Industrial Products
Last Price Today's Change   Day's Range   Trading Volume
1.15   +0.09 (8.49%)  1.06 - 1.15  3,160,800
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Overview

Market Cap: 313 Million
NOSH: 272 Million
Avg Volume (4 weeks):4,318,535
4 Weeks Range:0.85 - 1.20
4 Weeks Price Volatility (%):
85.71%
52 Weeks Range:0.35 - 1.48
52 Weeks Price Volatility (%):
70.80%
Average Price Target: 1.20
Price Target Upside/Downside: +0.05
Stamp duty exempted for year 2020

Financial Highlight

Latest Quarter | Ann. Date 30-Jun-2020 [#2]  |  14-Aug-2020
Next QR | Est. Ann. Date: 30-Sep-2020  |  08-Nov-2020
T4Q P/E | EY: 12.37  |  8.08%
T4Q DY | Payout %: 2.61%  |  32.27%
T4Q NAPS | P/NAPS: 0.63  |  1.83
T4Q NP Margin | ROE: 2.65%  |  14.75%

Headlines

Date Subject
20-Oct-2020 Trading Stocks - Samchem
08-Oct-2020 森化集团挑战RM1.15/敏源
02-Oct-2020 Trading Stocks - Samchem
01-Oct-2020 Daily technical Highlights - (SAMCHEM, SCGM)
17-Aug-2020 Trading Stocks - Samchem Holdings
06-Aug-2020 Samchem – Beneficiary of Raw Chemical Material supply to support healthcare industry (Davidtslim)
01-Aug-2020 SAMCHEM: Healthcare Related Play with Evergreen Products
23-Jul-2020 Trading Stocks - Samchem
21-Jul-2020 Samchem Holdings - Rosy Demand Despite Disruption (report by RHB IB)
13-Jul-2020 Daily Market Update - 13 Jul 2020
29-Jun-2020 Technical Buy - SAMCHEM (5147)
13-May-2020 森化集团试探80仙/敏源
10-Jan-2020 M+ Online Technical Focus - 10 Jan 2019
10-Jan-2020 Technical Buy - SAMCHEM (5147)
03-Jan-2020 Stocks on Radar - Samchem Holdings (5147)
11-Dec-2019 Trading Stocks - Samchem
06-Dec-2019 Daily Market Update - 6 Dec 2019 (SAMCHEM, SCICOM)
06-Dec-2019 M+ Online Technical Focus - 6 Dec 2019
25-Nov-2019 Trading Stocks - Samchem
25-Nov-2019 M+ Online Technical Focus - 25 Nov 2019

Business Background

Samchem Holdings Bhd is Malaysia based chemical distributor firm. The company and its subsidiaries operates in two segments namely, Chemical distribution and blending which comprises of distribution of polyurethane (PU), intermediate, specialty chemicals and blending of customized solvents and Audio video and ICT distribution segment, which deals in Retail sale of audio video and trading and distribution of information and communication technology (ITC) system. Most of its revenue is earned from chemical distribution and blending segment from Malaysian market, whereas remaining through Vietnam, Singapore, and Indonesian market.
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  2 people like this.
 
Lukesharewalker Samchem sells very little to the gloves sector circa 5% of total revenue. Unlikely to benefit from upsurge in gloves sales
06/10/2020 12:14 PM
newtotheshow @Lukesharewalker where can i see the exact data ? annual report?
06/10/2020 2:28 PM
tehxuiling Post removed. Why?
06/10/2020 2:30 PM
cherry88 For those who miss RM1 mark.....sorry
06/10/2020 3:46 PM
spicyketchup Wow big spike just now on ex date? Any good news.?
06/10/2020 3:49 PM
drteh84 this stock can easily reach RM1.60 any time. Re test RM1.48 new high
06/10/2020 6:25 PM
Goinvest88 sifu buy call?
06/10/2020 10:15 PM
bubufu Finally.. drop from 80 cent now bounce back to rm1.. any idea what’s the tp? And when is the best time to sell ?
07/10/2020 9:24 AM
Lukesharewalker This stock will consolidate.....data from management itself
07/10/2020 2:47 PM
Mashoh95 Consolidate? They will announce RI or consolidate the price before fly?
07/10/2020 2:50 PM
rajachulan best time to sell when this forum getting hot...
07/10/2020 2:56 PM
Lukesharewalker Think its overbought now. Need to consolidate the spike from 78 till now
07/10/2020 3:30 PM
50Cents Post removed. Why?
08/10/2020 1:20 AM
drteh84 LOL...... it was RM2.50 in 2017...still sleeping
08/10/2020 2:47 AM
Fundamental123 Hi Guys,

Look at CCM ( a chemical company) share price which has been on the rise .

Good luck for investment!
08/10/2020 12:14 PM
Lukesharewalker Broke trend
08/10/2020 5:23 PM
newtotheshow LAI LIAO
09/10/2020 4:27 PM
spicyketchup woot woot. happy weekend yo.
09/10/2020 4:38 PM
Live2Win @spicyketchup...it has reached your purchased price. Shud be on the uptrend this coming week
09/10/2020 4:55 PM
spicyketchup Lol. Yea. The bursa gods must have read my comment... should have said i am stuck at rm4.03 instead of 1.03.
Thanks for all the reassuring comments too.
09/10/2020 9:58 PM
staedy i stucked at 1.22, can ask your gods to meet my price?
14/10/2020 4:11 PM
spicyketchup lol, Market starting to feel good again, it was at this point i bought in high last time..
I sold off at 1.08 dy. relieved as i was down almost 30 %.
fundamentally strong company, should be ok to average down bro.
will consider reenter on next dip.
15/10/2020 6:59 AM
Live2Win @staedy..we like many others are still holding onto this share to hit our TP range of 1.50 - 2.00
We all hv confidence it will hit that TP soon...
15/10/2020 12:02 PM
nicl live2win Chemical company good investment, got fundamental
15/10/2020 2:56 PM
Live2Win Moving up slow and steady...it seems like it is going to announce another record breaking good quarter results
soon...
19/10/2020 10:17 PM
cherry88 Historically, Samchem will announce its 3Q results not later than 10th of Nov. So, please stay on till 10/11. Will expect to announce a record hitting net profit and expansion in margin. 2Q results have already showing the trend. Samchem is also distributing a chemical call TDI. This chemical is in high demand and short of supply. Prices had shot up too. I believe the company will definitely benefit from it.
Frankly, given its usual thin margin, I don't expect the share price to shoot up like those glove companies. Let's be practical, given its current 4Q rolling PE of 12.7x, should I put a fair PE of 15x, we will expect the target price to hit RM1.40 once it announces the 3Q results before 10 of Nov. It may not look attractive to short term investors
20/10/2020 1:35 PM
cherry88 However, longer term wise, the company should experience a recovery in its current thin margin position due to the surge in demand of products to the healthcare, household and personal care sectors. I think this company still provide a cheap entry for COVID related exposure. so, for a long term investor and lower risk exposure, Samchem should be part of your portfolio. I am not super investors as I also don't have much exposure in glove companies (other than hit n run). So, invest base on your own risk appetite.
20/10/2020 1:54 PM
Nangkabusuk Well said cherry88
20/10/2020 5:03 PM
jackfruit Another good Q earning shareholders will be rewarded with bonus and free warrent.
20/10/2020 5:16 PM
Goinvest88 Good, expect good QR result with margin improve, sales recovery from lockdown, new distribution of lubricant division
21/10/2020 7:08 AM
Superb99 1.12...cheap sales
21/10/2020 11:18 AM
Superb99 Pe for ccm is 40 over but pe for samchem is only less than 12, diff by so much...anyone knows the reason behind, selling diff products or due to the NTA as I see ccm is having higher NTA...
23/10/2020 7:26 AM
wbwanabe if not mistaken, the contributions from gloves chem makes up a very small portion to Samchem business. The bigger supplier is CCM, hence that could be a reason for CCM having a better price. Another big player is Luxchem. Do go to their respective websites to check out their products in order to get a clearer picture of what each company contributes to in the productions of gloves
23/10/2020 11:56 AM
Leo1960 Any advice on samchem. Now 1.04
23/10/2020 8:16 PM
cheoky refer to texchem is a preclude to samchem upcoming Q
23/10/2020 9:58 PM
Superb99 TA wise, not a good sign, apparently some tycoons are releasing their holdings...initially thought it can continue its uptrend due to it's consistent good performance but looks like people play it penny counters....just dumped like no tomorrow
23/10/2020 10:39 PM
Goinvest88 retracement is good sign for those want to buy
25/10/2020 7:48 AM
drteh84 Have u ever notice that from May 2017 till now , the company directors only buy, but not sell their shares?
26/10/2020 1:00 PM
ibojio When will they release Q3 earnings ?
26/10/2020 5:06 PM
Li Li received letter, rm0.01
26/10/2020 10:47 PM
Li Li received letter, rm0.01
26/10/2020 10:51 PM
justspeculating Price went up 3x from the low in 03/2020, emerging to breakout from the base of the last correction started from the sellout in 08/2020. The area of resistance is 1.11 - 1.20, some said the line of resistance is 1.15 but I think of an area instead of a line of resistance because of the heavy sellout in early 08/2020 and the recent price action, so I would wait for the price to confirm itself when (if) it breakout in heavy volume or, I would buy early if it retreats near to 1.00 and forming a hammer or star candle in heavy volume with my stop loss set at 0.95.
27/10/2020 11:21 AM
justspeculating A long time peer of the company - TexChem just announced a turnaround quarter and positive outlook, so I am looking forward to the company's coming quarterly report, low profit margin could be regarded as strength if the management is more efficient - higher inventory and receivable turn, and generates better cash flow, in such event, it offers a bargain compare to its peers (LuxChem, TexChem...), lower Price to Sale, Price to Book Value and PE ratios.
27/10/2020 11:46 AM
cherry88 @ibojio...Refer my comment dated 20/10...."Historically, Samchem will announce its 3Q results not later than 10th of Nov. So, please stay on till 10/11"
27/10/2020 2:32 PM
ibojio @cherry88. thanks for the info. Gapping up today
27/10/2020 2:41 PM
cherry88 U will miss RM1.10 soon.....buy before you feel sorry
27/10/2020 3:12 PM
cherry88 Luxchem reported a handsome profit with rolling 4Q PE of 24x while Techem also recovered from loss. All with same reason...increase in selling price and margin. So, Don't you don't believe Samchem will do the same ? and Samchem is trading at undemanding PE of 11x ?
27/10/2020 3:17 PM
kasiong1995 Close at 1.15
Good closing price
27/10/2020 5:01 PM
drteh84 Looks like 1.40 is not far away from curent price.
27/10/2020 7:29 PM
cherry88 Yes. Should 'fair value' (may not hit) at least RM1. 40 before 11/11. Let's looking forward
27/10/2020 9:21 PM


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