Highlights
KLSE: TEXCHEM (8702)       TEXCHEM RESOURCES BHD MAIN : Industrial Products
Last Price Today's Change   Day's Range   Trading Volume
0.395   +0.03 (8.22%)  0.37 - 0.395  27,800
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Overview

Market Cap: 49 Million
NOSH: 124 Million
Avg Volume (4 weeks):78,370
4 Weeks Range:0.365 - 0.525
4 Weeks Price Volatility (%):
18.75%
52 Weeks Range:0.365 - 0.83
52 Weeks Price Volatility (%):
6.45%
Average Price Target: 0.66
Price Target Upside/Downside: +0.265

Financial Highlight

Latest Quarter | Ann. Date 30-Jun-2019 [#2]  |  23-Jul-2019
Next QR | Est. Ann. Date: 30-Sep-2019  |  25-Oct-2019
T4Q P/E | EY: -7.06  |  -14.17%
T4Q DY | Payout %: 0.00%  |  - %
T4Q NAPS | P/NAPS: 1.9053  |  0.21
T4Q NP Margin | ROE: -0.65%  |  -2.94%

Headlines

Date Subject
18-Mar-2019 PublicInvest Research Headlines - 18 Mar 2019
27-Sep-2018 PublicInvest Research Headlines - 27 Sept 2018

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.
Analyze this stock with MQ Trader system

  4 people like this.
 
sense maker Price dips to 69 sen, many years’ low. A dividend of at least 5 sen by cny would provide some support to the share price.
07/01/2019 11:10 AM
apolloang and I tot dow jones up over 700 pts......bursa ini tipu,only uncle koon active,the rest all tidur
07/01/2019 11:12 AM
AbhAng Jordan ??
What now ??
09/01/2019 10:20 AM
AbhAng Jordan Sell Fumakilla money ALL makan habis habis.
Sell Yoshinoya also ALL kena hilang !
09/01/2019 10:24 AM
AbhAng Jordan Management of this nature , no wonder Malaysia economy difficult.
09/01/2019 10:27 AM
huahtai98 Already 7.45pm....still no result yet.
28/02/2019 7:46 PM
huahtai98 Don't expect anything
28/02/2019 7:48 PM
bluechip What happened to this lousy counter ?no dividen at all and price keep on dropping? V regret invest in this stupid counter.. stupid and not proactive innovative top management
14/03/2019 11:00 AM
BF Chin Blue chip,you are right,this counter ready ready lousy,majority counter already start goreng but this counter no dividend at all and price keep on dropping....
16/03/2019 9:48 AM
ivan9511 Market Capital (RM)
: 76.32m
Number of Share
: 124.10m
EPS (cent)
: -5.44 *
P/E Ratio
: -
ROE (%)
: -2.70
Dividend (cent)
: 10.000 ^
Dividend Yield (%)
: 16.26
Dividend Policy (%)
: 0
NTA (RM)
: 2.014
Par Value (RM)
: 1.000

buy
nta so high
good bluchip foever
buyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyy

all the bets
16/04/2019 2:47 PM
AbhAng Jordan Wait
50 Sen
16/04/2019 3:41 PM
myway 5大连锁店进驻 南北大道休息站盼满足大眾需求
http://www.orientaldaily.com.my/s/287339#
18/04/2019 3:59 PM
wah168 still got hope to this counter?????. anybody can advise
19/04/2019 2:16 PM
enigmatic [Breaker of Speculative Investing] don't put money into this stock unless you want to short it.
not for holding long term.
company making losses since 2017, I'd categorise it as deteriorating fundamentals.
19/04/2019 4:48 PM
shortinvestor77 https://www.nst.com.my/business/2019/04/482267/texchem-allocates-rm36m-capex-2019
23/04/2019 8:49 PM
sense maker The company will have spent rm150m capex in 5 years by end of 2019, only to produce net loss after tax for most of the years, but it cried cash stringency and bad economy when it came to paying the supposedly routine rm10m dividend last December. Dividend was skipped last December, and the coming December 2019 may continue this new trend of zero dividend.
24/04/2019 5:20 PM
myway NET PROFIT UP(+221%)
24/04/2019 5:50 PM
huahtai98 Sushi King looks promiscing.....needs time to grow....you need to be patient and willing to hold some business risk when you invest.
24/04/2019 9:35 PM
Pokem0n Why no power today? I thought good report
25/04/2019 9:39 PM
sapurakencana so bad result ,still consider price increase,except they sell the blok of share from Texchem Holding
26/04/2019 10:08 PM
Pokem0n @sapurakencana why you said bad result?
28/04/2019 12:20 PM
chkhooju Why bad? EPS 1.99¢
28/04/2019 1:06 PM
sapurakencana this company always earn exceptional profit from sold of it subsidiary (life science-a potential subsidiary only sold at around RM5 mil (51% share),other section still continue incurred loss or profit continue reduce especially Sushi King put so big investment. I dont think is a good counter to invest.
28/04/2019 8:07 PM
AbhAng Jordan 50 Sen
Coming soon.
02/05/2019 11:47 AM
BF Chin Sudah lama tak ada org goreng counter ini...Boss tolong goreng ah........
16/07/2019 7:43 PM
myway NET PROFIT drop 128%
23/07/2019 6:21 PM
sense maker A few years back, Sushi king was valued at rm400m plus when 28% stake was sold to Yoshinoya. Today, the whole texchem is valued at just rm60m by the market. No matter how lousy the management is, Sushi king should still be worth rm200m to rm300m lah.
23/07/2019 7:31 PM
chkhooju Is Yoshiinoya still holding that 28%stake?
23/07/2019 7:48 PM
sense maker Yes, yoshinoya is still holding it. Separately, This division of ‘Others’ sustained rm5.4m loss but the quarterly report gave no explanation whatsoever on it. The management is so irresponsible in reporting.
23/07/2019 8:27 PM
sense maker Sushi king is worth nothing! Wow! Still got positive operating cash flow lah after adding back depreciation expenses to profit or loss after tax.
23/07/2019 9:10 PM
sense maker The lousy Chicken rice shop is worth rm200m, or so it was said. Haha
23/07/2019 9:23 PM
7300 aisay,ilurker, your points I can learn something too :)
23/07/2019 9:56 PM
7300 not same the monkey money king ego only,fake rumours n brain don't have except ban n blame with retalation when someone don't agree with, I wonder he got spm onot!!!....wakaka
23/07/2019 10:01 PM
Fabien "The Efficient Capital Allocater" market cap is 70mil++, sushi king itself is worth triple of that
23/07/2019 10:51 PM
sense maker Market capitalisation is only just rm60m now, after net of some shares held by its subsidiaries. Sushi king has 130 outlets, by far the largest Japanese chain restaurant in Msia. The Japanese MD should consider selling it for rm200m- rm300m. To argue it’s worth zero value is absurd lah. Lease liabilities total rm50m only. Most of the bank loans taken are secured against inventories and receivable, I.e for trading. So, it should be manageable providing the Japanese cut back capex loh.
23/07/2019 11:16 PM
AbhAng Jordan Stupid Japs , cannot make profit liquidate la n go back village with your ugly ducklings.
23/07/2019 11:33 PM
i3lurker share market is sentiment

bankruptcy of Tim Ho Wan restaurant costing RM5.8 million raised doubts on ability of Restaurant Division to run restaurants.

now loss of 5 sen per share for 2018

2019 how? lose another 5 sen?

how many more 5 sen can Texchem lose?

how many more years of losses?

until the loss situation is clarified, share price will be depressed.
24/07/2019 12:11 AM
i3lurker Taking Tim Ho Wan as an example. I used to eat at Tim Ho Wan very regularly.

Tim Ho Wan was doing very well with good crowds. Suddenly the food portion sizes shrank, buns became smaller in size etc etc

The chilli sauce used to be real chilli and premium chilli sauce. These suddenly disappeared and was replaced by cheap synthetic drum/bucket chilli sauce normally used by roadside hawkers.

For restaurants, the worse thing you can do is tinker with the food portion size and use fake chilli sauce.

Tim Ho Wan just collapsed after this 2 weird changes. I stopped going Tim Ho Wan and it entered my blacklist for using cheap hawker drum chilli. The crowds thinned out and restaurant became empty.

My prediction came true and it went bankrupt.

so you wanna buy Texchem who use cheap fake hawker drum chilli? Which type of fool will use that other roadside food hawkers?
24/07/2019 7:34 AM
apolloang pastor calvin,your pick this counter....hahaha
24/07/2019 10:28 AM
Jason Toshi Ho Calvin would rather pick Texchem than QL? Oh my gosh.

The funny thing about looking at asset based investing, t the more gruesome the business the cheaper it looks because of overselling. But a badly run business will burn assets and cash faster than you can notice
25/07/2019 8:32 AM
chkhooju No hope. Will definitely stop loss shortly.
25/07/2019 8:59 AM
AbhAng Jordan 50 Sen
25/07/2019 11:14 AM
i3lurker delay buying
wait until Texchem can generate profits rather than blame the economy etc etc.

one unlisted restaurant group still generates net profit more than RM1 million a month with just a few outlets. Difference is, they do not use fake chilli sauce sold in drums meant for roadside hawkers use.
25/07/2019 5:36 PM
sense maker When you lose money, you cut cost and get leaner loh. The company is worth rm54m only now and the Japanese boss want to continue spending rm35m a year on capex to expand biz and some more expand losses. This is irresponsible. Besides he Suddenly chucked rm5m loss under other biz without explanation in this quarter. Meanwhile the shareholders’ dividend was sacrificed last year. Aiyoyo. Return to sanity lah, Japanese boss.
26/07/2019 7:05 PM
sense maker Rm49m for the whole company. This Japanese boss has destroyed so much shareholders’ value all the way from rm180m just a few years ago.
29/08/2019 6:35 PM
AbhAng Jordan Buy Buy Buy Rm50m for whole company and change JAPANBOSS to JAMBANBOSS.
30/08/2019 9:02 PM
qqq3 detailed explanation by lurker and Philip
30/08/2019 10:24 PM
bluechip Any Hope tis counter ??
Stuck for Long time with average 0.85
18/09/2019 11:42 AM
bluechip Half gone Edy
18/09/2019 11:43 AM
icecreamsoda They have lost biz direction for a long time.
20/09/2019 10:48 PM


 

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