Highlights
KLSE: TEXCHEM (8702)       TEXCHEM RESOURCES BHD MAIN : Industrial Products
Last Price Today's Change   Day's Range   Trading Volume
0.36   +0.025 (7.46%)  0.325 - 0.365  103,000
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  4 people like this.
 
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
chkhooju Is Yoshiinoya still holding that 28%stake?
23/07/2019 7:48 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
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
Philip ( buy what you understand) 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
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
Tiger66 company with asset but no soul
02/10/2019 10:11 AM
sell Director even selling.
09/10/2019 3:57 PM
lachai2004 Selling was done by controlling shareholders and the same time the company was buying back to push up the price?
10/10/2019 6:55 PM
lachai2004 The company had cut the losses incurred by Tom Ho Wan and increased the investment in 4 strategic divisions for 2019. The current quarter result shown that the losses had narrowed down.

Due to losses incurred in last 3 years, currently It's share price had plummeted to 0.40 from high of 1.60 which is left with 25% only.

The sales turnover per year is about 1.2billion with 4 divisions contributed almost evenly and with a paid up of 120 millions. Implying that, with small capital doing big business.

Furthermore, the assets were not revalue for many many years! So, if any of next coming quarters that it is able to show some profits, you may miss the golden opportunity for not accumulate now!!
28/10/2019 5:07 PM
lachai2004 Reason for buy: turnaround/ recovery with expansion!
28/10/2019 5:11 PM
techlee229 Texchem Resources Bhd reported a net profit of RM2.42 million for its first quarter ended March 31, 2019 (1QFY19), as it recorded an exceptional income of RM4.54 million versus a net loss of RM2 million in the same quarter last year.
30/10/2019 5:35 PM
BN256 should change all the management and revamp and instil more dynamic talented managers in the group.
04/11/2019 2:35 PM
tradeworld Old management shall resign lah...shame !!!.. these people is stumbling block to the Co. how many years is under performance.
05/11/2019 10:40 AM
bluechip Hope tis year Got dividend
05/11/2019 11:24 AM
tradeworld Old management resign = hope. retrench them and return their pay to pay dividend
05/11/2019 1:50 PM
bluechip Management still active alive or passive dead??hopeless counter wei!!!!! No news at all
03/12/2019 4:50 PM
bluechip Useless yapunese boss
03/12/2019 4:51 PM
tradeworld sleeping lah !!! mengatuk semua managers
05/12/2019 1:10 PM
caveatemptor2050 The NO brain director has left....
Only the goon director still there
The Nippon chairman may decide to quietly REVALUE all the properties.... (as Calvin pointed out like AJInomoto last time)....the only hope for this share to jump to 2 next year
13/12/2019 10:12 PM
tradeworld it look like the share is moving.....
24/12/2019 10:12 AM
wah168 bad news is coming... so people through the share
10/01/2020 2:25 PM
tradeworld when is break 0.50?
17/01/2020 4:24 PM
Fabien "The Efficient Capital Allocater" Take a look at this perspective

Texchem market cap is 52million
Latest operating cash flow is 75.6million
Adjusted for capex, free cash flow is RM53mil

One year generation of FCF is equal to the entire market cap
03/03/2020 9:34 PM
sense maker You stand corrected.

Mkt cap is RM43m only (a portion of its shares are held by its subsidiary).
Operating cash flow is Rm32m (basically this is yearly depreciation expense, excluding that of right of use)
Free cash flow after paying interest expense and taxes but before capex is Rm12m. This may, just may, improve to Rm15m-20m in 2020 (with closure of loss-making restaurants and further cost rationalisation in all segments)
If it can cap 2020 capex at rm10m, it has the capacity to declare 5sen-10sen dividend in Dec 2020, while keeping its net debt below Rm100m.
05/03/2020 10:03 PM
sense maker Rm23m for the whole company now. Fire-sales price level.
25/03/2020 11:08 PM
apolloang pastor recommended buy at 1.10 got 10cts dividend....now lost 80% he will tell u he sold at 1.50.....hahaha
25/03/2020 11:47 PM
Jared0121 wahhahahah
26/04/2020 9:33 PM
yip_net This company also selling rubber and latex chemical to gloves company why nobody interesting??
30/04/2020 12:37 AM
sense maker Wah. They are diversifying into manufacturing of latex glove chemicals. Good.

But The ceo should be sacked. Times were bad in 2019, they still spent RM33m on capex, only to produce loss after tax again. Now, they say company has no money to pay dividend.
27/05/2020 8:05 PM


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