KLSE: NYLEX (4944)       NYLEX MALAYSIA BHD MAIN : Industrial Products
Last Price Today's Change   Day's Range   Trading Volume
0.795   +0.01 (1.27%)  0.775 - 0.82  941,100
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  4 people like this.
calvintaneng https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2020-05-15-story-h1507056312-NYLEX_4944_ANCOM_4758_Time_to_buy_on_these_Two_Cyclical_Stocks_for_2_ST.jsp
15/05/2020 11:08 AM
calvintaneng Testerday Rakunten did a write up on Ancom

And we quote

We are positive on Ancom Bhd (“Ancom”) prospects and growth trajectory of their agrichemical business. This division contributes over 70% of group’s profit with decent gross margins of over 15%. Its 4-year CAGR is solid of over 25% in revenue and profits. As such, we believe Ancom will see better days in FY21 when its restructuring gains traction. BUY with target price of RM0.90 premised on 12.5x PER FY21 being 2-year average PER and comparable to its peers.

Ancom’s key driver and hidden jewel is their agrichemical business under Ancom Crop Care Sdn Bhd. The other major asset being its 48.95% stake in Nylex Bhd which is in the industrial chemical business that has hit a sweet spot amidst the Covid-19 pandemic. It is experiencing surge in demand for their ethanol production, an active ingredient in sanitisers. Its business of manufacturing hand sanitisers and hygiene and sanitisation services is the new normal in the wake of gradual opening of most business post CMCO. Ancom’s foray into sanitiser production is complementary to their existing business as the margins are fairly lucrative with gross margins ranging between 25-40%.

Core business and hidden jewel lies in their subsidiary Ancom Crop Care Sdn Bhd which contributes over 70% of the profit to Ancom Bhd. Agriculture chemicals which are part of the food supply chain are predominantly used in sugar cane plantation, palm oil plantations. It has reported FY19 net profit of RM35m and is expected to maintain is profitability for FY20 and FY21. This value however is trapped at group level which is undergoing restructuring as their other business has been a drag such as media that realised over RM12m loss for FY19.

Nevertheless, we still expect Ancom Bhd to remain profitable with agribusiness to be the key driver delivering earnings growth via expansion of capacities and new products for the agribusiness coming onstream by FY21. This would catapult group’s earnings and expect growth momentum to continue with EPS to chart double digit growth for FY21 and beyond.

And these are some good points

1) ANCOM 4-Year CAGR is solid of over 25%

2) Seeing better days ahead Rakunten gave a PER12.5 Target Price for Ancom at 90 sen

That is too modest. The Surge in NYLEX will lift up Ancom past Rm1,00 to Rm1.20 possible

3) Ancom owns 48.95% of NYLEX

The other major asset being its 48.95% stake in Nylex Bhd which is in the industrial chemical business that has hit a sweet spot amidst the Covid-19 pandemic. It is experiencing surge in demand for their ethanol production, an active ingredient in sanitisers.

Nylex has Hit a SWEET SPOT in Covid 19 pandemic!

Nylex is experiencing SURGE IN DEMAND for their ethanol production, an active ingredient in sanitizers

So Both Nylex & Ancom will benefit tremendously from the Upward Surge of Demand for Sanitizers

Gloves, face masks & isolation gowns are defensive

Only sanitizer is Offensive

Glove, face mask & isolation gown protect from Covid 19

15/05/2020 12:13 PM
Anaconder A check at AR2019,Dynaquest was not in Top 30
17/05/2020 9:31 AM
calvintaneng Anaconder A check at AR2019,Dynaquest was not in Top 30
17/05/2020 9:31 AM

Crude Oil only collapsed in year 2014

So Dynaquest only in Top 30 for years 2015 & 2016 with 1.1 Million Nylex shares

So Crude oil this year only Crashed in March 2020 from USD55 to less than USD25

So why should Dynaquest be buying Nylex when Crude Oil still high then
Now is the time for Dynaquest to buy back Nylex

Not sure?

Go ask Sifu Dr. Neoh Soon Kean of Dynaquest & see if he is buying or not?
17/05/2020 6:44 PM

17/05/2020 6:45 PM
calvintaneng One more thing

Do you realise the low cost of land prices for all 12 acres in book value

Total book value only Rm2.575 millions or only Rm214,000 per acre or only Rm4.90 psf

The Net Asset Value of Nylex already more than Rm1.80

If revalued NAV of Nylex should go up higher

In short, Nylex is Selling at Very Deep Discount to Book Value

While Gloves are selling many times price to book value both Nylex & Ancom are selling at Deeeply Discounted Price to Book Value

That makes them even more Valuable now
17/05/2020 7:11 PM
Huat huat 2020 Fantastic. Buy on dip .
17/05/2020 8:20 PM
Mikecyc Same as he said bought Netx in Top 30 shareholder but not in with the last 30 with 8 million shares.
17/05/2020 11:08 PM
Mikecyc Blowing again on land value .. just repeating .
17/05/2020 11:10 PM
calvintaneng Mouse is here?

Better buy faster!

If you act fast you will be a fat mouse

If price of Nylex fly away then you might get crumbs or nothing

All who act fast and get on board early might still experience what hexza people did in limit up
17/05/2020 11:47 PM
Mikecyc Kon artist is here ? Haha
18/05/2020 12:11 AM
calvintaneng See how Nylex will be in 3 to 6 months time

THE truth will prevail
18/05/2020 12:25 AM
youngfish Hi Calvin, thanks for all your research and effort - we all appreciate it very much. I have a question that I hope you can answer....
I can understand the thought processes behind your confidence in this counter, however do you think the drop in crude oil and the profit gained from the surge in demand for ethanol is enough to pivot the company from being loss making to profitable? Thanks for your time.
18/05/2020 1:22 AM
BATFLY Fundamentally i think Nylex Is weak with negative PE, ROE, Profit..
18/05/2020 7:50 AM
Anaconder Buy for future folks
18/05/2020 9:45 AM
Anaconder Comfort as an example ,many many yrs ago like shit, now goldmine bro!
18/05/2020 9:49 AM
calvintaneng Young fish

Yes these 2 catalyst are great for Nylex

1. Crude oil down will help nylex to save on cost and profit margin will increase

2. Ethanol demand and price rise will add more profits to Nylex

See Hexza as an example

Just because it has Ethanol for sanitizer the price of hexza went limit up
18/05/2020 10:06 AM
Anaconder Support Sifu Calv. hentam not much , 50 lots just now
18/05/2020 10:08 AM
tahong Jump on the wagon ,30 lots
18/05/2020 10:31 AM
calvintaneng “In fact, households are now spending more on health-related items like face masks and sanitisers

See this good news for Nylex
18/05/2020 12:46 PM
Anaconder Lai leow
18/05/2020 2:57 PM
sandrakkc 82 now. Thanks Calvin, CHUN CHUN CALL
18/05/2020 3:07 PM
sandrakkc Will it follow Hexza too & do a limit up?
18/05/2020 3:09 PM
bobo91 85 now. gogogo!!
18/05/2020 3:21 PM
alextan5680 Qr loss still go up,another lctitan
18/05/2020 3:22 PM
dasm1284 jump on the wagon too !
18/05/2020 11:26 PM
pktaninvestor That day the result qtr loss for last yr Dec until End Feb 2020, effective March 2020 bcos of Covic 19, high requirement for the ethanol and next qrt result for March to May2020,it should be show out by July2020.
18/05/2020 11:31 PM
calvintaneng Hi guys

I bring you the latest good news for Nylex

In year 2018 nylex fernpro produces 5 million litres of ethanol

But due to wear and tear and leakages Fermpro was closed down for several months in year 2019 to do upgrade

And these are the results

1. Leakages have been stopped so there is saving from unnecessary losses

2. After upgrade electricity cost is cut by 40%
Another huge saving

3. Production of ethanol remains the same at 5 million litres yearly.
But there is now 99.5% purity compared to only 95.5% purity before

Overall saving from leakages, electricity and increment of purity the extra bonus is another 5% or more productivity

So Nylex has a hands-on management to improve and add value to business
19/05/2020 12:17 PM
calvintaneng 2 great good news from covid 19 impact

1. Covid 19 virus is found out to be vulnerable to sanitizer with at least 70% ethanol content

This is recommended by the medical profession >> 65% content of ethanol for sanitizer

So many companies are rushing to set up new sanitizer like lyc now
Be sure the use of ethanol will increase

2. Surge of demand for sanitizer has caused ethanol to spike up

One litre of ethanol now retails for Rm100

So if Nylex 5 million ethanol is sold directly to retail it will be worth Rm500 millions or half billion gross

Of course Nylex only sell wholesale

But now Ancom has started a retail arm to convert ethanol to sanitizer

So both nylex and ancom are great value buy now
19/05/2020 12:23 PM
gopiwira Very well explained sifu
20/05/2020 1:14 PM
calvintaneng Jlwinstock

Just make it simple

Target price of Rm1.50 now raised to Rm1.80

In super bull then Rm2.50 to Rm3.00
20/05/2020 4:14 PM
calvintaneng Very good morning all

SuperMax being pure medical gloves gave out an outstanding results yesterday

It not only sell wholesale it also retail

For Nylex it's 5 million litres of ethanol is both for wholesale and retail

The retailing arm of Nylex is thru Ancom in selling sanitizer made from ethanol by fermpro of Nylex

1. 20 litres sanitizers for industrial

2. 5 litres for retail and shops and general application

3. Spray type for household and homes

This Value added product by Ancom is very similar to Supermax selling Gloves by Retail healthcare shops

So Nylex and Ancom both go the 2nd mile and add value to shareholders

As Supermax management foresee that demand for medical gloves will last for 1.5 to 2 more years then the same is applicable to Sanitizer sale

This will be reflected in future quarter results of both Nylex and Ancom

So now is the time to buy more Nylex while cheap

Can expect Nylex result to break all records in ethanol just like Supermax breaking new record in medical glove sale
21/05/2020 7:30 AM

21/05/2020 1:18 PM
Aliciasiaw926 So buy Nylex first or Ancom first? lol
21/05/2020 1:36 PM
yuyu82 nylex
21/05/2020 2:18 PM
ballsapart For this counter to b BULLISH, pls announce to d market u r going all out to produce the stuff the market needs urgently.
Nylex....see to it.
21/05/2020 3:04 PM
Kumaran Nair Why very quiet here....suppose to be high demand?
21/05/2020 5:24 PM
calvintaneng Yes still quiet when Calvin bought Supermax at Rm1. 75 and comfort gloves at 88.5 sen

Now Nylex is quiet is best time to buy

Yesterday glove full of noise

My supermax reached Rm5. 40 and I sold my comfort glove at Rm2. 79

I bought comfort at 88.5 sen when it was quiet
Now noisy I sold my comfort at Rm2. 79
Making almost Rm2. 00 a share or more than 200%.* I still holding supermax until noise gets the loudest at Rm10. 00?

Now just buy more nylex quietly

When all the people start making noise about Nylex then is not the time to buy but sell

Probably by then Nylex would have reached Rm1. 50
22/05/2020 8:03 AM
Kumaran Nair Well said Mr Calvin..tq
22/05/2020 8:34 AM
Anaconder Need to flush the kaki contras first mah !
22/05/2020 3:35 PM
cflew5763 I m in too.
Mr. Calvin, this stock need to hold until next quarter financial result out?
23/05/2020 1:44 PM
calvintaneng Posted by cflew5763 > May 23, 2020 1:44 PM | Report Abuse

I m in too.
Mr. Calvin, this stock need to hold until next quarter financial result out?

For full value hold till end of 2020 to see price double or more

If people can put money in Bank FD for 1 year interest of only 2%

Surely we can keep till year end to see 100% upside
23/05/2020 1:47 PM
cflew5763 Tq Mr. Calvin.
23/05/2020 8:19 PM
Stock Wizard ( no sell no loss ) proxy to sanitizers hehe
23/05/2020 11:01 PM
pktaninvestor Next qtr result announcement may be Jul 2020,suppose before report out the price should be up if good in business.
24/05/2020 8:31 PM
saltedfish Small volume....
25/05/2020 8:47 AM
Michael Kwok The below posting from ; https://klse.i3investor.com/servlets/forum/600322745.jsp?ftp=1

Posted by Michael Kwok > May 24, 2020 3:35 PM | Report Abuse X

I follow u buy Nylex once market open.Buy rm 20k.No comment.

Michael Kwok
1953 posts
Posted by Michael Kwok > May 24, 2020 3:37 PM | Report Abuse X

Flush with winning money.Better thn buying 4d.I have a feeling Nylex will be on rm 1.60-rm 2 range.
25/05/2020 2:45 PM
pktaninvestor Now buy in still at their support level.
25/05/2020 4:27 PM
lim1818 https://simplywall.st/stocks/my/materials/klse-nylex/nylex-malaysia-berhad-shares/news/why-nylex-malaysia-berhads-klsenylex-ceo-pay-matters-to-you/
25/05/2020 7:35 PM
calvintaneng Simply wallstreet cannot pakai





25/05/2020 7:43 PM

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