Posted by tapdance > 2020-05-11 12:33 | Report Abuse

There are only really 3 key questions to ask here. 1) Nylex's current sustainable earnings? 2) Is the sanitizer demand here to stay? and 3) are those value reflected on price yet?

Posted by tapdance > 2020-05-12 10:00 | Report Abuse

There are those who focuses on the future, and those fixated on the past.

Posted by tapdance > 2020-05-12 10:01 | Report Abuse

Slow and steady up trend... Nylex is still below chart-ist(s)' radar.

Posted by tapdance > 2020-05-13 15:14 | Report Abuse

Nylex was earning RM30 mn PBT back in 2017/2018, before trade war affects its performance. Now trade war impact gone as US/China reach consensus on petrochemical products. And Nylex's market cap is only RM174 m. So without even the need to point out the various positive factors mentioned in my article, I rest my case.

Posted by tapdance > 2020-05-13 15:14 | Report Abuse

So what is the difference now vs. 2017 - 2018? Oil price. Check how much margin has expanded (in %) during the 2015 - 2017 period when oil price tanked.

Posted by tapdance > 2020-05-13 15:16 | Report Abuse

Chartist(s) took note of Nylex now!

Posted by tapdance > 2020-05-21 10:54 | Report Abuse

Position closed