Posted by Chan SauWei > 2017-04-30 23:17 | Report Abuse

Growth together with luxchem

Posted by resilient911 > 2017-04-30 23:48 | Report Abuse

Could bluefun change a darker color for those notes? Old man like me cannot read clearly... :(

Posted by Patrick13 > 2017-05-01 10:13 | Report Abuse

我反而觉得1Q17不是进步而是保持水准，因为1Q16都还没收购TMSB

Posted by pputeh > 2017-05-01 10:38 | Report Abuse

I am disappointed with the esos. Do they have a time frame of not allowing directors etc not to sell esos shares? My patience has been fully tested with this share........................have to move on. Thanks for sharing and yr patience and hard work in writing this article.Good luck to u bluefin

Posted by win_win > 2017-05-01 10:41 | Report Abuse

http://skyisthelimitskyisthelimit.blogspot.sg/2017/04/next-growth-engines-of-luxchem-part-1.html

Posted by bluefun > 2017-05-01 11:01 | Report Abuse

Thanks win_win for your sharing of TMSB business wise, hope to see more your sharing on Luxchem in future :)

Posted by Patrick13 > 2017-05-01 11:09 | Report Abuse

btw, wondering Bluefun other than Luxchem and Gadang, any else counter you have on hand?

Posted by kino318 > 2017-05-01 11:57 | Report Abuse

i notice fund mgr avoid this stock maybe due to their esos. without FM, share price hard to move up. my 2 cents.

Posted by bluefun > 2017-05-01 11:59 | Report Abuse

Few questions to Luxchem's Mangement in AGM 2016 dated 5/5/2017

1. Is it company secure new customer/big sales order? from FY17Q1 Q result, revenue achieved highest at 218m compare to 186m in FY16Q4? Huge increase about 32m or 17%.

2. Financial guarantee increase from 56m in FY16Q4 to 98m in FY17Q1, an increasing of 42m or 75%?. Is it for subsidiaries to expand its production or big sales order from oversea customer?

3. What is the dividend payout policy for FY17? how many % of EAT?

4. How much contribution revenue, EAT of Transform Master in FY16?

5. Did company set a policy employee that exercised ESOS cannot sell the share in open market? If yes, how long?

6. Did company plan to acquire its vendor/peers for cost efficiency & increase the market share? since cash rich at 115m in FY17Q1?

Due to working & rush for account closing for month end, bluefun is unable to attend Luxchem's AGM held on 5 May 2017. Seek for shareholder/investor that will be attending assistance for above question. Please share the comment/answer here, thanks so much in advance.


Together we growth slow & steady with Luxchem, transform our future to be a master in our life :)

Posted by Patrick13 > 2017-05-01 12:06 | Report Abuse

Hi Bluefun, for Your No 4 question, can refer pg 14 of Annual Report: TMSB contributed RM16.55 million revenue in FY2016.

Posted by bluefun > 2017-05-01 12:09 | Report Abuse

thanks Patrick for your highlights, good one :)

Posted by valuelurker > 2017-05-01 19:02 | Report Abuse

The poster must be an accounts person...valuations are not done based on some pre-defined set of ratios and criterias (X<10, Y>5% etc) - if you know nothing of valuations, these are good guidelines, but its like seeing the trees and missing the forest

TMSB's contributions are detailed on page 93 of the AR. 5 mins of search and I dont even own this stock

Posted by Patrick13 > 2017-05-01 20:17 | Report Abuse

Do take note that page 93 figures are TMSB company level only which not excluding consol adjustment yet. Anyway, can refer page 97 Goodwill note that TMSB expected EBITDA margin is 12.70% and PBT margin is 10.08%.

Posted by bluefun > 2017-05-01 20:49 | Report Abuse

Lol, no worries, already informed my friend who will attending the Luxchem's AGM to clarify, let's wait patiently & i will updated the info here :)

Valuation is based on the facts & figure, the outcome is always solid, kikiki :D

Posted by win_win > 2017-05-02 08:54 | Report Abuse

http://skyisthelimitskyisthelimit.blogspot.com/2017/05/next-growth-engines-of-luxchem-part-2.html

Posted by zexon > 2017-05-02 09:02 | Report Abuse

Thanks win_win for sharing part 2..exciting to know there is a huge business potential and demand in Vietnam