Hi guys
Very happy to see SUPERBULL RUN IN GLOVE STOCKS LIKE TOPGLOVE, SUPERMAX, KOSSAN & HARTALEGA
ALL ARE NOW SPEEDING UP EXTRA NEW FACTORIES FOR MORE GLOVE PRODUCTIONS TO MEET INCREASING DEMAND TILL YEAR 2021 & BEYOND
TOPGLOVE ALREADY STATED ITS LATEX GLOVE WILL BE PRESOLD & FULLY BOOKED TILL 400 DAYS FAR INTO MID 2021
ORDERS ARE STILL PILING IN
SUPERMAX RUSHING TO SET UP 4 NEW GLOVE FACTORIES. RUBBEREX INCREASING PRODUCTION BY A BILLIONS
SRI TRANG GLOVE THAILAND ALSO RUSHING TO BE TOP 3 IN WORLD GLOVE EXPORTS
ALL THESE WILL SPUR DEMAND FOR GLOVE CHEMICALS LIKE NEVER BEFORE
LATEST TO JOIN THE GAME IS TEXCHEM
NOW LET'S SEE THE FIRE POWER OF TEXCHEM BY COMPARING IT WITH LUXCHEM & SAMCHEM
LUXCHEM
SUMMARY OF KEY FINANCIAL INFORMATION
|
INDIVIDUAL PERIOD
|
CUMULATIVE PERIOD
|
||||
CURRENT YEAR QUARTER
|
PRECEDING YEAR
CORRESPONDING QUARTER |
CURRENT YEAR TO DATE
|
PRECEDING YEAR
CORRESPONDING PERIOD |
||
31 Mar 2020
|
31 Mar 2019
|
31 Mar 2020
|
31 Mar 2019
|
||
$$'000
|
$$'000
|
$$'000
|
$$'000
|
||
1 | Revenue |
174,481
|
202,449
|
174,481
|
202,449
|
2 | Profit/(loss) before tax |
13,066
|
12,844
|
13,066
|
12,844
|
3 | Profit/(loss) for the period |
9,042
|
9,691
|
9,042
|
9,691
|
4 | Profit/(loss) attributable to ordinary equity holders of the parent |
9,986
|
9,599
|
9,986
|
9,599
|
5 | Basic earnings/(loss) per share (Subunit) |
1.11
|
1.11
|
1.11
|
1.11
|
6 | Proposed/Declared dividend per share (Subunit) |
0.00
|
0.00
|
0.00
|
0.00
|
AS AT END OF CURRENT QUARTER
|
AS AT PRECEDING FINANCIAL YEAR END
|
||||
7 | Net assets per share attributable to ordinary equity holders of the parent ($$) |
0.3500
|
0.3300
|
In a currency system, there is usually a main unit (base) and subunit that is a fraction amount of the main unit.
Example for the subunit as follows:
Country | Base Unit | Subunit |
Malaysia | Ringgit | Sen |
United States | Dollar | Cent |
United Kingdom | Pound | Pence |
LUXCHEM PRICE IS 69 SEN & NAV IS 35 SEN
SAMCHEM
SUMMARY OF KEY FINANCIAL INFORMATION
|
INDIVIDUAL PERIOD
|
CUMULATIVE PERIOD
|
||||
CURRENT YEAR QUARTER
|
PRECEDING YEAR
CORRESPONDING QUARTER |
CURRENT YEAR TO DATE
|
PRECEDING YEAR
CORRESPONDING PERIOD |
||
31 Mar 2020
|
31 Mar 2019
|
31 Mar 2020
|
31 Mar 2019
|
||
$$'000
|
$$'000
|
$$'000
|
$$'000
|
||
1 | Revenue |
258,426
|
259,629
|
258,426
|
259,629
|
2 | Profit/(loss) before tax |
6,461
|
7,444
|
6,461
|
7,444
|
3 | Profit/(loss) for the period |
4,752
|
5,519
|
4,752
|
5,519
|
4 | Profit/(loss) attributable to ordinary equity holders of the parent |
4,326
|
5,246
|
4,326
|
5,246
|
5 | Basic earnings/(loss) per share (Subunit) |
1.59
|
1.93
|
1.59
|
1.93
|
6 | Proposed/Declared dividend per share (Subunit) |
0.00
|
1.00
|
0.00
|
1.00
|
AS AT END OF CURRENT QUARTER
|
AS AT PRECEDING FINANCIAL YEAR END
|
||||
7 | Net assets per share attributable to ordinary equity holders of the parent ($$) |
0.5900
|
0.5700
|
In a currency system, there is usually a main unit (base) and subunit that is a fraction amount of the main unit.
Example for the subunit as follows:
Country | Base Unit | Subunit |
Malaysia | Ringgit | Sen |
United States | Dollar | Cent |
United Kingdom | Pound | Pence |
SAMCHEM PRICE IS 70.5 SEN AND NAV IS 59 SEN
TEXCHEM
SUMMARY OF KEY FINANCIAL INFORMATION
|
INDIVIDUAL PERIOD
|
CUMULATIVE PERIOD
|
||||
CURRENT YEAR QUARTER
|
PRECEDING YEAR
CORRESPONDING QUARTER |
CURRENT YEAR TO DATE
|
PRECEDING YEAR
CORRESPONDING PERIOD |
||
31 Mar 2020
|
31 Mar 2019
|
31 Mar 2020
|
31 Mar 2019
|
||
$$'000
|
$$'000
|
$$'000
|
$$'000
|
||
1 | Revenue |
251,697
|
285,840
|
251,697
|
285,840
|
2 | Profit/(loss) before tax |
-8,049
|
5,712
|
-8,049
|
5,712
|
3 | Profit/(loss) for the period |
-8,440
|
3,284
|
-8,440
|
3,284
|
4 | Profit/(loss) attributable to ordinary equity holders of the parent |
-6,930
|
2,424
|
-6,930
|
2,424
|
5 | Basic earnings/(loss) per share (Subunit) |
-5.75
|
1.99
|
-5.75
|
1.99
|
6 | Proposed/Declared dividend per share (Subunit) |
0.00
|
0.00
|
0.00
|
0.00
|
AS AT END OF CURRENT QUARTER
|
AS AT PRECEDING FINANCIAL YEAR END
|
||||
7 | Net assets per share attributable to ordinary equity holders of the parent ($$) |
1.9067
|
1.9504
|
TEXCHEM IS 46.5 SEN WITH NAV OF RM1.90
WAHAHA!
Calvin promoted LUXCHEM when it was 47 sen
See
Calvin bought LUXCHEM at 47 sen and SOLD LUXCHEM at 81.5 SEN!
Huhuhu!!
NOW CALVIN IS BULLISH ON TEXCHEM BECAUSE TEXCHEM IS GOING TO MAKE
LATEX RUBBER GLOVE CHEMICALS
NITRILE GLOVE CHEMICALS
FACESHIELD
DISTRIBUTE FACE MASKS
HAND SANITIZER
So many companies with just "Noise" of going into healthcare are chased up just on rumour.
FOR TEXCHEM IT HAS BEEN PRODUCING CHEMICALS ALL ALONG
SO CONVERTING ITS 10 HUGE INDUSTRIAL FACTORIES TO MAKE GLOVE CHEMICALS WILL BE A BREEZE
YES! TEXCHEM HAS 10 HUGE FACTORIES COMPARED TO LUXCHEM & SAMCHEM (BOTH WITH LESSER ASSETS AS SHOULN BY ITS NTA
LUXCHEM NTA (NET TANGIBLE ASSET) = 35 SEN
SAMCHEM NTA (NET TANGIBLE ASSET) = 59 SEN
TEXCHEM NTA (NET TANGIBLE ASSET) = RM1.90
EVEN IF BOTH LUXCHEM 35 SEN & SAMCHEM 59 SEN ADD UP THEIR TOTAL NTA IS ONLY 94 SEN (COMBINED)
SO TEXCHEM AT RM1.90 IS 102% MORE THAN BOTH !!! DOUBLE THEIR CAPACITIES!!
TAKE A GOOD LOOK AT TEXCHEM FACTORIES & WAREHOUSES IN PRIME LOCATIONS
Created by calvintaneng | May 26, 2024
Created by calvintaneng | May 25, 2024
Created by calvintaneng | May 21, 2024
calvintaneng
Texchem got more assets of value compared to luxchem or samchem
2020-07-09 12:04