Big boss buy too little, unable prop up price, just drama.

Haha....dont catch la falling knife.
Today drop another 20 sen/ 20%?
Yummy.

Anyone buying?

Later become another hiap teik, limit down?
Even promote also cant cross RM8, seller too strong.

OTB and follower cut loss at all cost, next monday further drop?

Take note, EPF starts buying !!!!

Profit little bit only, but company now worth over RM1Billion.
We know Mercedes C class is good, if someone sell Mercedes C class to you at RM500K, will you buy it?

Calvin alr run in this Dutaland?

Now everyone can go Holland with AAX.

Good luck to those chase AAX, suppport at RM0.45, a drop of of around 15%.

KYY counter hardly up.
FM avoid probably.

Lot of uncle and auntie treat Magnum like their retirement fund, will

they throw their share tomorrow?

1.EPS drop


2.No dividend.

3.RM476M tax.

Really pity to them.

Calvin got chick business in Iskandar?

At Rm2.11, dividend of 14 sen equal to 6.6% and cash level at all time high RM269M.

Honest and transparent management, no insider trading before quarter result. Most stocks in bursa usually up 1st if quarter good result.
Bravo to KESM management.

Gt big fund also drop lo....dont put too much hope.
After good quarter annouced, share keeps dropping.
something is wrong.

Collapse 1 by 1.
Winning rate 10% only?

Good result also drop, useless counter.

Sell on news.

Another FLBHD, fake rebound then limit down more than 10%?

Another holland si fu call?

If invest purely on cash level, why not buy Icap?

Wait below RM1.5 just buy.

Rebound in line with Liihen, buy !!!

Buy this stock and let profit run !!!

Bye bye to Muller, AA may fly again tomoro due to this news.
MAS will masuk longkang deeper.

Calvin, are u still holding Weida? Look weida going up.

AA theme diminish, sell before drop back below RM1.5, foreign fund selling on strength.

Yistock, mind to share your average price for tienwah?

Big boy started selling last few week, they know news earlier than us.
Better cut loss !!!

Gadang worth to buy at RM1.8 only. Buy only when RM1.8.

This hongwei ask sell, VS direct up.
Stupid.

Wondering, how u know kk123 is a girl?

Drop 23% for only 3 month, what happen ?

Calvintan, how your armada, still keep?

Kakashit, problem is will you think Thong Thong will share with you the profit earned?

ICAP vs Insas.
Both so stingy in giving dividend to shareholder but at least Insas is better in term of investment return compare to Icap.

teoniaseng= sohai
Buy VS so much on margin, now scared ler?
U think big boy will read your comment, really sohai.

Posted by Ooi Teik Bee > Feb 26, 2016 09:38 PM | Report Abuse

Time to move on. Don't spend time conduct trainings. Please put more efforts to unearth the really good gems.

Ans : I have 3 analysts working for me to check all good stocks.
I promised Mr Koon to conduct training to help all newbies. I need to finish my assignment as promised.
Thank you.

Wondering if really want to help newbies, why not charge lower?

Gadang expected to annouce good quarter earning today.
Buy before late.

Value buy at current price.

Luxchem does not manufacture nitrile, it sources the chemical from Zeon Chemicals of Japan and supplies nitrile to glove producers. I do not have any info of any local competitors who supply the same chemical to the industry and also which glove producers are their customers.


I tried to find some linkage between crude oil price, USD/MYR rate and Luxchem’s sales for the past few years.

Year 2008: Crude oil price started the year at USD90, up till USD140 at mid before crushed to USD45 at the end of year. USD increased from 3.10 to 3.7 peak. Revenue increased 10% compared to year 2007.

Gross profit margin 2008 = 10.63%

Year 2009: Crude oil price started the year at low USD45 and rebounded to USD70 before moving up gradually to USD75-80. USD dropped 3.7 to 3.2. However, revenue was down closed to 8%.

Gross profit margin 2009 = 11.70%

Year 2010: Crude oil price was quite stablished, hovering between USD70 to USD90. USD dropped from 3.3 to 3.05. Revenue up 31% with sales from local increased tremendously.

Gross profit margin 2010 = 10.18%

Year 2011: Crude oil price was little bit fluctuating, gone up to USD115 from USD95 in the beginning of year, then dropped back to USD80 before end the year at around USD100. USD stabilising around 3.0. Revenue up around 25% with sales mainly from local.

Gross profit margin 2011= 8.73%

Year 2012 & 2013: Crude oil price was stabilising and forming a convergence between USD88 and USD108. USD stabilising around 3.1 before moving up to 3. 3 at year end. Revenue for 2012 & 2013 remained flat.

Gross profit margin 2012 = 8.72%


With oil price keeps going down from time to time,

Perhaps Luxchem, a good buy?

Haha, monday not necessary a bad day.
China index may go up, then crude oil may go up as well.
KLCI may turn green.

Haha, monday not necessary a bad day.
China index may go up, then crude oil may go up as well.
KLCI may turn green.

Haha, monday not necessary a bad day.
China index may go up, then crude oil may go up as well.
KLCI may turn green.

Luxchem : Leader in supplying nitrile and related chemical additives for glove producers.

The emerging trend in the industry is favourable to Luxchem Corp Bhd, which supplies nitrile (synthetic latex) to glove producers, such as Hartalega Holdings Bhd, Top Glove, Supermax, and Kossan Rubber Industries Bhd.

Glovemakers are on investors’ radar but not Luxchem.

According to its customers, Topglove, Supermax, and Kossan are dedicating more of their production lines to nitrile gloves.

>Topglove

Topglove is increasing its product mix from purely a latex-based gloves producer into the higher margin nitrile gloves.
In its latest quarter report,Top Glove continues to increase its nitrile segment contribution, which grew by 8% pts from 24% in 1QFY15 to 32% in 1QFY16.


>Supermax

In its latest quarter report,Supermax operating margins helped by stronger USD and better sales mix (i.e. increased sales of higher margin nitrile products).
Growth going forward is expected to be driven by two new plants.
The building structures for Plant #10 and Plant #11 i.e. Lot 6059 and 6058 in Meru, Klang are up and the first batch of lines has been commissioned. Lot 6059 and 6058 will have 24 and 16 production lines producing 3.2b and 2.2b pieces of nitrile gloves p.a., respectively, bringing the total nitrile production capacity from 6.9b (including the 1.4bn in Lot 6070) to 12.3b pieces p.a. or 52% of the total installed capacity.

>Kossan

In its latest quarter report,to fulfill strong demand for nitrile gloves, Kossan plans to double its current 22.5bn pcs capacity by 2021. The expansion plan will be executed in 5 phases from end-2015 onwards.
The group will continue to focus on light weight nitrile gloves and aim to achieve a product mix of 80:20 - nitrile (SR) and natural rubber latex (NR) in FY16 respectively (YTD - 68:32 SR vs. NR).



>Hartalega, leader in nitrile glove market.

In its latest quarter report,Hartalega expect its earnings to jump upon the gradual ramp up of the Next Generation Integrated Glove Manufacturing Complex (NGC) (known as Plant 7). Presently, NGC has commissioned 17 lines. Upon full commissioning, the first two plants will add c.8b pieces (+56%) new capacity by 1Q16.

By tiptop168
Dec 21, 2015 09:32 AM | Report Abuse
All my KEuro Investor..don't sell now....please keep it....

Who ask u to sell? Now wan buy at cheap price? U slowly wait ya.

Keuro 's Prospect

(a) The West Coast Expressway (WCE) Project involves the development of a 233 kilometres tolled highway from Banting, Selangor to Taiping, Perak (including 40 kilometres of highway to be constructed later). The WCE Project is a build-operate-transfer project with a concession period
of up to a maximum of 60 years. The total project cost is approximately RM5,900 million and revenue from sectional toll collections is expected to commence in 2018. The Construction Commencement Date was set on 25 August 2014 and will take five years to complete. Currently, the construction in on schedule.

(b) The property market is expected to remain soft due to the weak consumer sentiment coupled with stringent mortgage approval regulations.
Bandar Rimbayu is expected to deliver a satisfactory performance for the current financial year on the back of unbilled sales and satisfactory response from product launches.

(c) The Company is also participating in the construction of the WCE as the IJMC-KEB Joint Venture has been appointed as the Turnkey/Engineering and Procurement Contractor for the WCE highway project.

Volume getting more and more, fund manager buy ahead of WCE highway completion on 2018.

Profit taking activity on Monday, dont think this counter can go far.