KLSE: TEXCHEM (8702)       TEXCHEM RESOURCES BHD MAIN : Industrial Products
Last Price Today's Change   Day's Range   Trading Volume
0.535   +0.01 (1.90%)  0.52 - 0.54  51,400
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Market Cap: 66 Million
NOSH: 124 Million
Avg Volume (4 weeks):158,988
4 Weeks Range:0.50 - 0.68
4 Weeks Price Volatility (%):
52 Weeks Range:0.195 - 1.20
52 Weeks Price Volatility (%):
Average Price Target: 0.66
Price Target Upside/Downside: +0.125

Financial Highlight

Latest Quarter | Ann. Date 30-Jun-2020 [#2]  |  30-Jul-2020
Next QR | Est. Ann. Date: 30-Sep-2020  |  24-Oct-2020
T4Q P/E | EY: -3.24  |  -30.84%
T4Q DY | Payout %: 0.00%  |  - %
T4Q NAPS | P/NAPS: 1.7669  |  0.30
T4Q NP Margin | ROE: -2.61%  |  -9.34%


Date Subject
10-Aug-2020 PublicInvest Research Headlines - 11 Aug 2020
14-Jul-2020 Mplus Market Pulse - 14 Jul 2020
04-Jun-2020 Texchem (code:8702): Target of Privatisation?
03-Jun-2020 The secret of ' Texchem' (stockcode:8702)
10-Dec-2019 租金高·吃不消·德健关闭无利润寿司金
10-Dec-2019 Mplus Market Pulse - 10 Dec 2019

Business Background

Texchem Resources Bhd is an investment holding company. The group has four business divisions namely industrial, polymer, engineering, food, and restaurant. The products under industrial segments are plastic resins, rubber/latex chemicals, PVC resins and additives, adhesive chemicals, food ingredients, dyestuff and textile auxiliaries. The polymer division designs new polymer solutions and designs for industries such as data storage industry, semiconductor, consumer electronics and electrical, telecommunications and life science industry. The restaurant division operates restaurant brands such as sushi king, Miraku, Goku Raku Ramen, Yoshinoya, Hanamaru Udon and Doutor Coffee. The Malaysian market contributes most to the company's revenue.
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  5 people like this.
sapurakencana anybody still have this counter be caution,Chemical used in glove only contribute very small portion of Texchem revenue,this can be show in latest quarter report.2 Industry segment revenue still drop fr 215Mil to 190Mil compare previous year quarter,if glove chemical contribute significant to the revenue,the revenue should be up.I 'm not said this counter not good,but current performance drive by Restoran (Shusi King)segment which still incurred hugh loss.Beside,please check back the Dow Jones Index status,than you will know how to invest.
04/08/2020 11:50 AM
sapurakencana When Texchem reply Bursa-Unusual Market Activity,they not even mention the improvement of Industry segment,but only refer to statement from Calvintaneng,.This is the fact!
04/08/2020 11:57 AM
sapurakencana But 1 think i can regconise is when Texchem dispose any of the company factory,the share price sure up to the sky.
04/08/2020 12:01 PM
sapurakencana (吉隆坡5日讯)巴世立(PASDEC,6912,主要板房产)若无法在周五(7日)或之前向马证交所提呈截至2019年12月底的年报及已审计财报,该公司股票将从下周...This is a good lesson for all the retailer who like to play contra./short term.
Chinapress05 Aug, 2020 19:20pm - 5 minutes ago
05/08/2020 7:30 PM
Fundamentalist91 I'm trying to understand why texchem fly today, yet I can't see anything. weird, simply blindly goreng.
06/08/2020 4:20 PM
Liontexchemer Texchem Malaysia also involve in glove making business. Pls check Calvin Tan Post.
06/08/2020 4:36 PM
Liontexchemer Now glove related counter fly high. I believe the market and pricing of glove increase a lot due to the demand more than supply.
06/08/2020 4:37 PM
ccharliie Indeed be careful, be very careful not to be scammed by a Singapore. After writing, just disappears without a trace .
06/08/2020 4:41 PM
Aramco Post removed. Why?
06/08/2020 6:38 PM
Aramco Post removed. Why?
06/08/2020 6:38 PM
wah168 please be careful and be careful. no fundamental. no new business.
06/08/2020 7:26 PM
wah168 casino de bursa.
06/08/2020 7:27 PM
yip_net Go to the company's website to learn more about it and you will find that what business the company's doing now, don't say no new business.
06/08/2020 9:25 PM
yip_net Want answers?go to company website. or texchem face book page you will get a very satisfied answer.
06/08/2020 9:28 PM
wah168 this co never get profit for so many year
06/08/2020 9:56 PM
sapurakencana yes, this is chemical counter rotation goreng.when you analyst 1 hour MA,on 3pm-4pm syndicate only used 224K to push the price fr 68 cents to 755 cent,on 4pm to 5pm syndicate used 366K to push price from 0.74 to 0.83 ,if you follow them,you wil get trap,unless Texchem intend to dispose any of the company factory,then share price sure up to the sky.(Example Fumakilla few years ago )
06/08/2020 11:48 PM
apolloang congrat to tan sri calvin on texchem
06/08/2020 11:49 PM
Mazhar3192 Company not profit..but we can profit ma...hahaha
07/08/2020 11:41 AM
sapurakencana see what happen to this stock,back to the square,right! banker gain this morning.
07/08/2020 5:04 PM
07/08/2020 5:24 PM
longvalley Pancing saja saja.....!
08/08/2020 7:34 AM
longvalley Seronok pancing d air pasang surut......!
08/08/2020 7:36 AM
Jolly https://www.theedgemarkets.com/article/texchem-receives-midas-green-light-produce-face-shields
08/08/2020 9:37 AM
sapurakencana face shields.is essential,but do you know how many competitor around the world they will face ,espeacially in term of price.This is the good example face mask,Jan-Feb 2020 demand is hugh in china, so many new factory start manufacturing,but when come to Jun-July 2020,due to supply is bigger than demand,the price already drop to RM11.50-RM13.50 per 50 pcs,i think this will happen to our country manufacturer. So do you think SCGM( face shields manufacturer) worth RM3-RM4 ?
08/08/2020 2:52 PM
sapurakencana if business is so easy to earn money,i will invest in actual manufacturing rather than invest in share market.
08/08/2020 2:54 PM
MariYahiMariYaho If I’m u al, I will hoot 25 k and ready for limit up , then ciao
08/08/2020 8:13 PM
sapurakencana u can try,i dont mind because money is yours!
09/08/2020 10:21 AM
Joseph2020 Has Texchem registered with the Medical Device Authority (MDA) of Malaysia for the establishment license to commence the sale of its PPE products? This is very important for supplier. If everyone can venture into this business, end of the day, the distributors eventually will select who is qualified to be the supplier. Consumer will choose reliable product and it involves in "life and death"
09/08/2020 11:23 AM
BuLLRam Kabooooommmmm.....Huat ahhhhh
10/08/2020 9:04 AM
CAF-POW Don't chase too high......according to thestar, face masks are facing glut in China, due to low barrier of entry...

A report by AFP stated that in China, the tens of thousands of mask-making companies that mushroomed following the coronavirus pandemic are now struggling to survive.

This has come about after some 73,000 companies registered as mask makers in the first half of the year – including over 36,000 new companies in April alone – as prices and demand soared, the report indicated.
10/08/2020 9:13 AM
thomc Early stage of limit up... Huat ah....
10/08/2020 9:49 AM
BuLLRam Yesterday IB went limit up ,,premature ejaculation...quickly pulled out....n collect cheap...today the real real Fffed limit up...wakakaka....kokokokokokkkk
10/08/2020 11:26 AM
Fundamentalist91 seeing price this high up, even the Japanese boss is starting to sell his stock, and these people are still buying. Really gamble without knowledge
10/08/2020 12:48 PM
edward96 https://www.theedgemarkets.com/article/pecca-says-mass-production-n95-face-masks-start-month
10/08/2020 2:25 PM
edward96 Recommend pecca for those who is late here. Have been having good lead on PPE, buying more machines to increase production, applying FDA, main business partners (perodua) all time high sales, havent include other clients, have been making profit all these time.
10/08/2020 2:32 PM
DaddyShake All these goreng counters might get freeze tonight!
10/08/2020 3:57 PM
BuLLRam Japanese boss going to take it private???
10/08/2020 11:51 PM
BuLLRam Kabooooommmmm ..1.30 bid ...limit up....huat ahhhhh...
11/08/2020 8:36 AM
Mini Bull Overvalued
11/08/2020 11:51 AM
Albukhary Yes, overvalue.
Better to invest in Hextar.
11/08/2020 12:00 PM
chkhooju Precisely.
11/08/2020 12:00 PM
BuLLRam Collect,,,,another limit up soon.....
12/08/2020 2:52 PM
Calvinharris https://klse.i3investor.com/blogs/triumphinbursa/2020-08-05-story-h1511528928-_Covid_19_Related_Again_This_Company_Macam_Boleh_leh_Nearly_Limit_Up_in.jsp
18/08/2020 8:24 PM
longtermvaluegain DNONCE TECHNOLOGY Key Highlights
• Significant improvement in Profit Before Tax (“PBT”) from loss of RM3.34 million in 1H Year-to-date (“YTD”) 30 June 2019 to RM2.40 million, an increase of RM5.74 million or 172% for Financial Year Ended 30 April 2020 (“FYE 30 April 2020”).
• Noteworthy surge in revenue, average monthly sales for July 2019 till April 2020 was RM14.6 million compared with January 2019 till June 2019 of RM13.3 million representing a 9.8% increase, even though March and April sales were impacted by the Covid-19 induced MCO
• Three consecutive profitable quarters with FYE PBT of RM2.40 million signifying 9 straight months of profit until April since the new management took over the running of the Company.
D’nonce Technology Bhd (“D’nonce” or “the Group”) (“7114”), today announced its interim financial results for the sixth quarter (“Q6”) and 16-month consolidated financial results for its Financial Year Ended 30 April 2020 (“FYE 30 April 2020”).
DNONCE is a diversified engineering solutions provider, serving customers in the semiconductor, automotive, medical/healthcare, data storage hardware and consumer electronics industries with overseas subsidiaries in Thailand.
In mid-July 2019, D’nonce had installed a new Board of Directors and management, led by Mr. Tho Yow Yin as CEO. Under the new leadership.
DNONCE embarked on costcutting measures and redirected their focus to expand the Group’s growth in value-added businesses. These efforts have borne positive results as reflected in its financial performance since July 2019 to 30 April 2020.
D’nonce recorded a revenue of RM225 million for the FYE 30 April 2020, of which from 1 July 2019 to 30 April 2020, the Group recorded an average monthly revenue of RM14.6 million as compared to an average monthly revenue of RM13.3 million from 1 January 2019 to 30 June 2019, representing a 9.8% improvement in sales, despite the MCO which impacted operations in March and April 2020.
The significant increment of the revenue was partly contributed by the surge in demand from customers in the healthcare industry mainly due to the Covid-19 outbreak as D’nonce provides essential support to the glove industry in Southern Thailand and also supplies injection molded ventilator parts from their factory in Prai, Pulau Pinang.
Simultaneously, DNONCE continued to showcase a healthy and growing PBT having recorded a PBT of RM2.40 million for the Financial Period Ended 30 April 2020 reflecting a turnaround of RM5.74 million or 172% growth over the 1H Loss Before Tax of RM3.34 million. With the exception of Q6 FY2020 (which consisted of only 1 month), the Group achieved three consecutive quarters in the black (cumulative PBT of RM5.74 million from 1 July 2019 to 30 April 2020) - after losses earlier in the financial year throughout the first two quarters (cumulative Loss Before Tax of RM3.34 million from 1 January 2019 to 30 June 2019).

This is the result of the DNONCE Management’s continuous prudence in managing its expenses while expanding revenue, resulting in the highest level of operational efficiency and also the continuous growth of its business.
As of 30th April 2020 the Group has generated a positive cash flow of RM8.16 million from operating activities and have cash and bank balances of RM32.5 million. For the full FYE 30 April 2020, D’nonce recorded a Profit After Tax of RM0.73 million (after the non-cash adjustment from the revaluation of properties deficit of RM0.45 million) in spite of the net losses recorded for Financial Period Ended 30 June 2019.
Notwithstanding the challenging environment, DNONCE is cautiously optimistic of its business with the expectation of continued strong demand for its supplies to the medical and health sectors as well as the positive demand from the electronic technology sector moving forward.
DNONCE has active initiatives underway to enhance its overall organisational effectiveness.
These initiatives should increase productivity and cost efficiency while also helping to realise scale economies as Dnonce continues to grow its commercial opportunities.

1)Provides Essential Support (Glove Industry) Southern Thailand

2) Injection Molded Ventilator Parts (Prai, Pulau Pinang)

预料,DNONCE 可突破RM1.00大关。
19/08/2020 8:01 AM
GeneTakavic why japanese owner keeps disposing shares?
24/08/2020 8:15 AM
anthonytkh https://www.thestar.com.my/news/nation/2020/08/26/pupils-only-need-to-wear-face-shields

26/08/2020 8:04 AM
dompeilee Bought some Texchem @ 52c
09/09/2020 4:18 PM
linheng 4 week low price. Down from $1.20 at peak. Dead cat shd also bounce already
10/09/2020 5:30 AM
linheng Think some desperate contra players dump in a mkt with no volume
10/09/2020 5:31 AM
cbkia4896 https://www.instagram.com/p/CFbXLY5hBeh/?igshid=3doar164lcdi
22/09/2020 1:50 PM

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