Highlights
KLSE: TEXCHEM (8702)       TEXCHEM RESOURCES BHD MAIN : Industrial Products
Last Price Today's Change   Day's Range   Trading Volume
0.79   -0.01 (1.25%)  0.775 - 0.805  184,400
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Financials


Market Cap: 98 Million

Market Cap 98 Million
NOSH 124 Million

Latest Audited Result:  31-Dec-2020

Latest Audited Result: 31-Dec-2020
Announcement Date 26-Apr-2021
Next Audited Result: 31-Dec-2021
Est. Ann. Date: 26-Apr-2022
Est. Ann. Due Date: 29-Jun-2022

Latest Quarter:  30-Jun-2021 [#2]

Latest Quarter: 30-Jun-2021 [#2]
Announcement Date 27-Jul-2021
Next Quarter: 30-Sep-2021
Est. Ann. Date: 23-Oct-2021
Est. Ann. Due Date: 29-Nov-2021
QoQ | YoY   -93.61%  |    103.40%

Annual (Unaudited) ( EPS: -2.07, P/E: -38.24 )

Revenue | NP to SH 1,017,748  |  -2,564
RPS | P/RPS 820.11 Cent  |  0.10
EPS | P/E | EY -2.07 Cent  |  -38.24  |  -2.62%
DPS | DY | Payout % 0.00 Cent  |  0.00%  |  - %
NAPS | P/NAPS 1.96  |  0.40
YoY   62.74%
NP Margin | ROE -0.63%  |  -1.05%
F.Y. | Ann. Date 31-Dec-2020  |  24-Feb-2021

T4Q Result ( EPS: 19.25, P/E: 4.10 )

Revenue | NP to SH 1,085,744  |  23,894
RPS | P/RPS 874.90 Cent  |  0.09
EPS | P/E | EY 19.25 Cent  |  4.10  |  24.37%
DPS | DY | Payout % 0.00 Cent  |  0.00%  |  - %
NAPS | P/NAPS 2.05  |  0.39
QoQ | YoY   117.20%  |    216.71%
NP Margin | ROE 2.35%  |  9.41%
F.Y. | Ann. Date 30-Jun-2021  |  27-Jul-2021

Annualized Result ( EPS: 11.38, P/E: 6.94 )

Revenue | NP to SH 1,055,852  |  14,118
RPS | P/RPS 850.81 Cent  |  0.09
EPS | P/E | EY 11.38 Cent  |  6.94  |  14.40%
DPS | DY | Payout % -
NAPS | P/NAPS -
QoQ | YoY   -46.80%  |    136.39%
NP Margin | ROE 1.07%  |  5.56%
F.Y. | Ann. Date 30-Jun-2021  |  27-Jul-2021



Business Performance

Business Performance (By Quarter)

Trailing 4 Quarters Trailing 8 Quarters
Available Quarters 4 Quarters 8 Quarters
Continuous Quarters Of Revenue Growth 0 / 4 0.00% 0 / 8 0.00%
Total Positive Profit Years 4 / 4 100.00% 4 / 8 50.00%
Continuous Quarters Of Positive Profit 4 / 4 100.00% 4 / 8 50.00%
Continuous Quarters Of Profit Growth 0 / 4 0.00% 0 / 8 0.00%
Continuous Quarters Of Adjusted EPS Growth 0 / 4 0.00% 0 / 8 0.00%
Total Dividend Years 0 / 4 0.00% 0 / 8 0.00%
Continuous Quarters Of Dividend 0 / 4 0.00% 0 / 8 0.00%
Continuous Quarters Of Dividend Growth 0 / 4 0.00% 0 / 8 0.00%
Continuous Quarters Of Adjusted Dps Growth 0 / 4 0.00% 0 / 8 0.00%
Average ROE 2.47% 0.09%
Average Net Profit Margin 2.32% -0.36%

Business Performance (By Year)

Last 5 Financial Years Last 10 Financial Years
Available Years 5 Years 10 Years
Continuous Years Of Revenue Growth 0 / 5 0.00% 0 / 10 0.00%
Total Positive Profit Years 1 / 5 20.00% 5 / 10 50.00%
Continuous Years Of Positive Profit 0 / 5 0.00% 0 / 10 0.00%
Continuous Years Of Profit Growth 1 / 5 20.00% 1 / 10 10.00%
Continuous Years Of Adjusted EPS Growth 1 / 5 20.00% 1 / 10 10.00%
Total Dividend Years 2 / 5 40.00% 4 / 10 40.00%
Continuous Years Of Dividend 0 / 5 0.00% 0 / 10 0.00%
Continuous Years Of Dividend Growth 0 / 5 0.00% 0 / 10 0.00%
Continuous Years Of Adjusted Dps Growth 0 / 5 0.00% 0 / 10 0.00%
Average ROE -1.37% 2.51%
Average Net Profit Margin -0.38% 0.35%

Key Result

Key Result

T4Q Annualized Annual (Unaudited) Last 10 FY Average Last 5 FY Average
Revenue 1,085,744 1,055,852 1,017,748 1,040,623 1,085,571
NP to SH 23,894 14,118 -2,564 4,765 -3,266
Dividend 0 - - 6,804 4,920
Adjusted EPS 19.25 11.38 -2.07 3.83 -2.64
Adjusted DPS 0.00 0.00 0.00 5.48 3.97

NP to SH = Net Profit Attributable to Shareholder, EPS = Earning Per Share, DPS = Dividend Per Share

All figures in '000 unless specified.

EPS & DPS's figures in Cent.


Growth

Growth (By Quarter)

LQ QoQ LQ YoY CQ YoY LQ vs Average of T4Q LQ vs Average of T8Q
Revenue -2.08% 25.43% 14.78% -3.78% -1.45%
NP to Owner -93.61% 103.40% 136.39% -92.90% -0.85%
Dividend 0.00% 0.00% 0.00% 0.00% 0.00%
Adj. EPS -93.61% 103.40% 136.39% -92.90% -0.85%
Adj. DPS 0.00% 0.00% 0.00% 0.00% 0.00%

LQ = Latest Quarter, CQ = Cumulative Quarter, T4Q = Trailing 4 Quarters, T8Q = Trailing 8 Quarters, QoQ = Quarter on Quarter, YoY = Year on Year

Growth (By Year)

T4Q vs LFY T4Q vs AL5FY T4Q vs AL10FY AQR vs LFY AQR vs AL5FY AQR vs AL10FY LFY YoY LFY vs AL5FY LFY vs AL10FY
Revenue 6.68% 0.02% 4.34% 3.74% -2.74% 1.46% -10.29% -6.25% -2.20%
NP to Owner 1,031.90% 831.60% 401.38% 650.62% 532.27% 196.25% 62.74% 21.49% -153.80%
Dividend 0.00% 0.00% 0.00% - % - % - % 0.00% 0.00% 0.00%
Adj. EPS 1,031.90% 828.58% 402.12% 650.62% 530.49% 196.68% 62.74% 21.82% -153.88%
Adj. DPS 0.00% 0.00% 0.00% - % - % - % 0.00% 0.00% 0.00%

T4Q = Trailing 4 Quarters, T8Q = Trailing 8 Quarters, AL5FY = Average of Last 5 Financial Years, AL10FY = Average of Last 10 Financial Years, LFY = Latest Financial Year AQR = Annualized Quarter Result, YoY = Year on Year

Analyze this stock with MQ Trader system
  5 people like this.
 
AllYouCanBuy Today is a great day to buy. KLSE bloodbath!
06/05/2021 12:04 PM
Cockroach Paul Lee 1.08/1.09 bought! Top up every month ! Tq
06/05/2021 7:50 PM
Cockroach Paul Lee Xxx, u came to the wrong stock. U should go datapred or tocean.... haha every day limit up
06/05/2021 11:36 PM
DreamHunter ha ha ha
07/05/2021 1:06 AM
DreamHunter yah kah
07/05/2021 1:06 AM
Xxxting keep holding untill rm2 coming...cheers
09/05/2021 8:33 AM
AllYouCanBuy Texchem OVERSOLD. Time to rebound.
10/05/2021 11:14 AM
Albukhary I think it is time to accumulate more TEXCHEM at RM1.00 - RM1.10 level.
10/05/2021 11:25 AM
AllYouCanBuy TP1. 80
10/05/2021 11:27 AM
Xxxting mco 3.0. next quarter should be affected haih
10/05/2021 9:11 PM
Cockroach Paul Lee Long way to go..... hold until Q4 la... let’s see can get bonus or dividend next year
10/05/2021 11:19 PM
caonima who's that sh wanted to cutloss at 1.05 with 2767 lots to sell
11/05/2021 11:10 AM
MMCRMMCR Good fundamental share, can hold
11/05/2021 4:51 PM
AllYouCanBuy Texchem has shaken off panic sellers. Time to accumulate.
12/05/2021 9:16 AM
AllYouCanBuy TP1. 50...hold until September.
12/05/2021 9:16 AM
Albukhary Keep accumulate
12/05/2021 3:32 PM
happymiso Cheap
12/05/2021 4:26 PM
AllYouCanBuy Texchem has had near20% correction since the announcement of MCO 3.0.
20/05/2021 7:38 PM
i3lurker with full operations and no MCO the fair price is 55 sen.

anything higher is just pure Goreng in action
20/05/2021 7:43 PM
Cockroach Paul Lee 0.55 accumulate 1m shares, can become top20 shares holders. Rm550k only. Worth it.
20/05/2021 8:28 PM
i3lurker chemical trading nothing special you or anybody can do it also.
money can get license

sushi 8.00 per plate competitor only 3.88
20/05/2021 8:32 PM
Cockroach Paul Lee Oh , anyone can do it?
U mean anyone can fly! Just like AirAsia , your favourite. Haha
20/05/2021 8:42 PM
AllYouCanBuy There will not be full mco like mco1. 0. The government will be under pressure to give stimulus again. There will be enforced and upgraded SOPs.
21/05/2021 8:45 AM
Cockroach Paul Lee Anyone attend AGM texchem? Got any news to share ?
27/05/2021 3:59 PM
Xxxting r u guys still holding texchem?
30/05/2021 1:36 AM
Albukhary 感觉市场开始慢慢回来了。
希望这一两个月大家持有的股票慢慢涨上来。
只要你觉的这是个好公司,就继续持有吧。
套句冷眼的名句:-
有成长,不要卖。
成长长,长持有。
加油。
03/06/2021 12:41 AM
Investformilkmoney Texchem no dividend date?
05/06/2021 10:49 AM
Albukhary Texchem normally not given dividend, because its debt level is high. So it need cash to pare down its debt.

We buy Texchem for few reason :-

1) Share price is 50% of its NTA
2) Market cap now is RM118mil, PAT is around RM30-40mil.
3) Market cap is RM118mil, quarter revenue is RM260mil, annual revenue is RM1bil.
For a company that doing RM1bil business, the market capital only RM118mil, it is very very undervalue.
4) Chemical business - we foresee chemical industry will be doing very well this two year (i.e. PCHEM, LCTITAN, HEXTAR, LUXCHEM, NYLEX, ANCOM...etc), all Chemical business are doing very well, including Texchem. And Texchem is the cheapest among them.
5) Bonus issue, based on current reserve, the company can anytime announce 1:2 bonus issue.
if company continue to earn more profit for the next 3-4 quarter, then it can announced 1:1 bonus issue.
05/06/2021 6:28 PM
Investformilkmoney @Albukhary thanks for the explanation. I was thinking of sushi king's business during MCO. Try to buy some share. I just join share market this week.
05/06/2021 9:34 PM
Xxxting texchem ahhh texchemmm plss movee
08/06/2021 7:52 PM
AllYouCanBuy My agent advised to hold tight tight until the next qr.
09/06/2021 4:39 PM
Albukhary Yup, must hold tight tight... Once the engine start again, you will see it at RM2.00 d
10/06/2021 1:13 AM
Investformilkmoney Seems many counter to hold tight tight like Texchem.
11/06/2021 12:09 PM
yuhang99 MCO is good for texchem
12/06/2021 4:36 PM
12/06/2021 10:47 PM
Albukhary Accumulated some at this price level..
If can drop below 90sen level, then will collect more
21/06/2021 11:59 AM
Cockroach Paul Lee 努力 ,加油 ,撑过去。。。
22/06/2021 2:34 AM
Xxxting its keep dropping deeper n deeper. hopefully the coming qtr will be good enuf or else again drop
12/07/2021 7:08 AM
Xxxting ady drop 40% from high
12/07/2021 7:08 AM
happymiso Cheap
12/07/2021 8:59 PM
Xxxting if next quarter result not good . this counter will laosai again...me stuck at high wonder cutloss anot
13/07/2021 9:38 AM
Albukhary So sad to see my favourite Texchem drop everyday.
Hope the dark will end soon.
I like Texchem because it is really undervalue, and I like chemical industries as I believe they will be continue growth for coming few years. That is why LUXCHEM, HEXTAR, SAMCHEM all focus on expansion, merger & acquisition recently.
14/07/2021 12:44 AM
Xxxting albukhary did u still holding? or
14/07/2021 4:20 AM
Albukhary Hi Xxxting... Yes, I am still holding Texchem, holding more n more.
My target very simple, now market cap is RM109mil.
Just the sush king franchise is worth RM100-200 mil minimum.
The industrial chemical business easily another RM100-150mil minimum.
Plus some other business, property, land, another RM50-100mil minimum

So, my minimum target is RM2.00.
23/07/2021 2:10 PM
happymiso Seem no block. Easily fly anytime soon.
23/07/2021 6:25 PM
Albukhary Result out, a bit disappointed, but expected as MCO 3.0 really affect Sushi King a lot.
Beside that, Q2 normally is the weakest quarter for Texchem (even before covid-19 pandemic),because of the 1 month Puasa did affect Sushi King a lot.

Fortunately, the Polymer and Industrial Chemical business is still doing well, this two segment minimum can generate RM20mil per annum. If based on recently M&A transaction in the chemical industry, the PE should be around 12 times. So this two segment worth at least RM240mil, while the company current market capital is RM100mil only.
27/07/2021 8:21 PM
happymiso Hidden gem. Though mco will make business big losses but unexpected stil can remain gain. The other 2 sector demand increase lot, after MCO lifted, sushi king result should be back.
28/07/2021 6:08 PM
warrantKing Yup , now sushi king can dine in alrdy , with 2 dose vaccinated.
Hopefully this sushiking no longer loss money . (Dun earn nvm, others sector like manufacturing / polymer ) sector will enough to give good profit
07/09/2021 11:50 AM
happymiso Seem no hope d. Gg. Cut
16/09/2021 10:06 PM
Cockroach Paul Lee ALL NEW JAPANESE FRIED CHICKEN !
And BONANZA RM3 …support support
24/09/2021 12:29 AM