- Plastic resins
- Rubber/Latex chemicals
- PVC resins and additives
- Adhesive chemicals
- Coating/Ink resins and additives
- Food ingredients
- Personal care and pharmaceutical additives
- Dyestuffs and textile auxiliaries
THE INVESTMENT APPROACH OF CALVIN TAN
TEXCHEM (8702) IS PIVOTING INTO GLOVE LATEX CHEMICALS & TEX FACE SHIELD, Calvin Tan Research
calvintaneng
Publish date: Wed, 10 Jun 2020, 02:33 PM
calvintaneng
0 1,859
Hi Guys,
I have An Investment Approach I which I would like to all.
I have An Investment Approach I which I would like to all.
Hi guys,
Almost every week more and more Players are going into Healthcare business. Some real or perceived also chased up which later found to be untrue. Others just on mere news alone is bidded up by 30%, 50% or even 100% just on mere news without any concrete business to justify its price surge!
Now Calvin has found one with REAL CONCRETE BUSINESS ALREADY IN PLACE WHICH IS GOING INTO GLOVE CHEMICAL PRODUCTION LIKE LUXCHEM
LUXCHEM?
Yes!
TOP REASONS WHY LUXCHEM (5143) COULD BE THE SUPERSTOCK OF THE GLOVE BULL RUN, Calvin Tan Research
Author: calvintaneng 
| Publish date:
On April 20 Luxchem was 50.5 Sen
Target price for Luxchem was 80 sen to Rm1.00
Today Luxchem has crossed Rm1.00 but weakened to 81.5 sen now
Buy Luxchem now?
No. TEXCHEM at 51 Sen Today is just like Luxchem when it was 50.5 sen then
LUXCHEM only produce 20% to 25% of Chemical for the Glove industries
Rest is polymer chemicals for many other industries
So is TEXCHEM
TEXCHEM has both Polymer & Food in Sushi King
Now that Glove & healthcare is so hot Management of TEXCHEM is also pivoting into Glove Chemicals
And Very Easy
Why/
BECAUSE TEXCHEM HAS ALL THE FACTORIES IN PLACE (Others have not even bought their lands. Much less build factories)
TEXCHEM HAS ALL THE PRODUCTION MACHINERIES IN PLACE
TEXCHEM HAS ALL THE INGREDIENTS
NOW THEY ONLY NEED TO SWITCH FROM POLYMER CHEMICALS INTO GLOVE CHEMICALS
Wait?
Did Management say they are going into Glove Chemicals production?
See this (Refer to May Annual Report for Year 2019
See Under page 3
PRESIDENT’S MANAGEMENT
DISCUSSION AND ANALYSIS (CONT’D)
The US-China trade war has resulted in severe raw material price reduction, unstable supply and demand and keen
competition affecting margins. Our Industrial Division cushioned this impact by increasing sales volumes and recorded
marginally lower revenue of RM442.0 million (FY 2018: RM445.3 million) and lower pre-tax profits at RM4.6 million
(FY 2018: RM5.4 million). The Division ceased its distribution of food additives in Vietnam due to severe competition
resulting in pre-tax loss amounting to RM0.4 million. Meanwhile, diversification into the manufacturing of latex glove
chemicals is progressing as planned.
Read again:
Meanwhile, diversification into the manufacturing of latex glove
chemicals is progressing as planned.
THAT'S IT!
IT IS NOT JUST AT PLANNING STAGE!
IT IS PROGRESSING INTO MANUFACTURING STAGE!
Read once more
manufacturing of latex glove
chemicals is progressing
Not only Chemical for Gloves
They already done Face Shields!
See
PLUS TEXCHEM CAN REALLY TURN ALL ITS LATEX RUBBER CHEMICAL INTO RUBBER GLOVES FROM COMMON RUBBER TO MEET DEMAND (TOPGLOVE BOSS ALREADY ASKING GLOVE CHEMICAL FACTORIES TO RAMP UP DEMAND)
See
Products By Texchem
Texchem today is 51 sen
Target price is 80 sen to Rm1.00
Best regards
Calvin Tan Research
Singapore
Please buy or sell after doing your own due diligence. In doubt please consult your Remisier or Fund Manager
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Discussions
Be the first to like this. Showing 6 of 6 comments
Many are just at planning stage but Texchem has quietly gone into texshield and glove chemical
Texchem is the real hidden gem of value
2020-06-10 22:05
TEXCHEM IS QUIETLY TURNING INTO ANOTHER HEALTH CARE STOCK
1) TEXSHIELD
2) RUBBER GLOVE CHEMICAL
3) NITRILE GLOVE CHEMICAL
GO GO POWER RANGER!!!
2020-06-12 11:05
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
calvintaneng
OVERVIEW
Texchem’s journey began with the establishment of the Industrial Division in 1973. Today, this Division has expanded to become a regional leader in the sales and distribution of industrial raw materials and additives, an experienced manufacturer of textile auxiliaries and a provider of one-stop analysis solutions.
We have established a presence in major cities in ASEAN, including Penang, Kuala Lumpur and Johor Bahru in Malaysia, Bangkok in Thailand, Jakarta and Surabaya in Indonesia, Hanoi and Ho Chi Minh in Vietnam and Singapore. Our sales offices and warehousing facilities there provide us with a competitive advantage in reaching and servicing our customers.
With our extensive knowledge and network built over the years, we have become the preferred business partner for renowned chemical manufacturers worldwide. Subsequently, by continuously introducing new products and services that consistently exceed customers’ expectations, we have garnered many noteworthy accomplishments. We will continue to keep our finger on the pulse of the ever-changing market and proactively respond to customers’ needs.
NOW!!
GOING INTO TEX-SHIELD
GOING INTO GLOVE LATEX CHEMICAL BIG TIME!!
2020-06-10 14:44