The fact that it is based in some obscure place indicates its shady existence. Probably a front company for a crony. MACC to investigate for money laundering

S5 not even profitable. Crazy

Immigration project not even awarded unless it's a crony company based overseas

Lihen QR coming will reflect MCO period and shutdown , not going to be good. Mar to June.
Pohuat next QR will be May to July, manufacturing restart early May and Vietnam operations still running, should be better

A lot of accumulation going on....

Director also ran off. Coming QR few million loss plus cash depleting. RUN

Either cut loss or push higher to dispose

Operator die hard now

Lol...in depth value investing

https://www.cnbc.com/2020/07/13/homebuilders-just-saw-the-strongest-june-sales-since-the-last-housing-boom.html?__source=iosappshare%7Cph.telegra.Telegraph.Share

M+ Online Technical Focus - 13Jul20
Samchem Holdings Bhd: Chemical specialty player

Trading Catalyst
• Chemical distribution segment is well positioned to undertake the higher demand for pharmaceutical products that are used as active ingredients or excipients for the production of medicinal products.
• Key clientele includes well established oil & gas players such as ExxonMobil Chemical, Shell, Petronas and BASF.
• At current price of RM0.73, Samchem is trading at trailing-12-months (TTM) PE of 8.7x, which is below peers average in upper teens, suggesting some upside in our view.
• Technically, share price has breakout above the RM0.725 resistance, targeting RM0.81-RM0.87 with long term target at RM0.95.

Technical View

(i) SAMCHEM (S: RM0.68, R: RM0.81-0.87, LT TP:RM0.95, CL:RM0.675)

S: Support, R: Resistance, LT TP: Long term target price, CL: Cut loss

Source: Bloomberg, M+ Online

If normal times cant make money, what are the chances during MCO?

Better not touch. Dont think they can make money

Calvin probably part of a goring syndicate

Seems the sales for Lihen and homeritz has returned to pre covid level, waiting for pohuat to confirm that

Why the volume is the warrants so high?

They have to support share price for RI

PN17 Airlines

Who got 3 bil layin around? 1 for 1 RI possible?

Safe to fly AA? Got money pay for maintenance?

Rumours RI soon

Texchem loss making track record

https://www.thestar.com.my/business/business-news/2020/07/03/bank-negara-seen-cutting-key-rate-again-as-pandemic-persists

High dividends yielding stocks will only rally further

Train is leaving the station soon

Profit taking was fast and furious

Some body big buying. KYY?

Bullish. Just cross 200 ma. Next stop 1.50

Hello 1.30

Where got water fish buy at usd 17, usd 7 also nobody buy already. Mad

Normal price usd 4 to 5, where got 8 times. Mad

Part of the main website

RI coming. Insiders dumping

Next stop 1.30

2 weeks into MCO already loss. What are the chances for full MCO coverage? Loss deep deep

Now we know why the price dont move. LOL

Why son so cheap? Pushing for RI....

After MCO demand should pick up for petrol related products, note the inventory increased by 40 mil. More margin

Think probably the next QR would be good due to the IDR clawback.
Keep your fingers crossed.

Could happen again this year....:)

Oil prices down, extraordinary profits on petrol products due to high margins

If earnings remains eps 9 as per 2019
PE 10 90 cents
PE 15 as per Luxchem 1.35 cents

If forward eps averages 3 per quarter 12 per year
PE 10 1.20
PE 15 1.80

management does not expect the impact on the Group’s business
operations, liquidity and financial position because of COVID-19 to be material

the management is optimistic on the
business growth and will continue to focus on the expansion of business and operational efficiency to
improve the Group’s performance.

Wait for June QR in August

Well, they have been profitable for many years ...

IDR now circa dec 2019 to Feb 2020 levels

Coming quarters likely to be better as IDR has recovered 14.6%......clawback is imminent

It would have made 9.7 mil net profit if the forex were the same as 2019. Mind you, its still unrealised loss.
Eps could have been 3.5 cents

Higher inventory of 40 mil due to higher stock up for covid crisis?

Not bad. Only decreased slightly

Bomb coming....

Profit because of sale of property, if not loss. Coming QR also loss.
Wait for news to come out 1st, PM might be the next guy....