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11 comment(s). Last comment by calvintaneng 2020-05-18 12:15
Posted by calvintaneng > 2020-05-15 11:13 | Report Abuse
ALL STREETS OF WHOLE WORLD NEED DISINFECTING BY SANITIZER
SEE
https://www.google.com/search?source=univ&tbm=isch&q=disinfecting+entire+cities+photo&sa=X&ved=2ahUKEwjM_M3m8rTpAhVRWysKHeHiDgAQsAR6BAgKEAE&biw=962&bih=345
WHERE GOT ENOUGH ETHANOL??
Posted by calvintaneng > 2020-05-15 11:18 | Report Abuse
LISTEN LISTEN LISTEN
YOU CAN GET FRESH LATEST FROM RUBBER TREES EVERY MORNING FOR RUBBER GLOVES
BUT SUGAR CANE FOR SANITIZER ONLY HARVESTED FROM 9 MONTHS TO 24 MONTHS ONCE
SEE
https://www.google.com/search?q=sugar+cane+grows+in+9+months&oq=sugar+cane+grows+in+9+months&aqs=chrome..69i57.8879j0j7&sourceid=chrome&ie=UTF-8
MANY GLOVE COMPANIES IN MALAYSIA
BUY ONLY HEXZA & NYLEX GOT SUGAR CANE FOR ETHANOL CONVERTING INTO SANITIZER!!
Posted by calvintaneng > 2020-05-15 11:21 | Report Abuse
Do you know?
Gloves protect your hands from Covid 19?
Only sanitizer ATTACK!!
I never use any gloves so far
But i see hand sanitizer at home & everywhere
Posted by calvintaneng > 2020-05-15 11:23 | Report Abuse
Isolation gown protects doctor's bodies from Covid 19
Few of us use it
BUT ALL USE SANITIZER THAT "ATTACKS" COVID 19
Posted by calvintaneng > 2020-05-15 11:24 | Report Abuse
Face Masks protect our throat & lung from Covid 19
We wear them when we leave our homes
But we Use Sanitizers at home & every where to "ATTACK" & "DESTROY" invisible covid 19!
Posted by calvintaneng > 2020-05-15 11:27 | Report Abuse
So Gloves, Isolation gown & face masks are defensive weapon
we wear to protect ourselves
Only "SANITIZER" is an offensive weapon that ATTACK & DESTROYS COVID 19
The best defense is an offense or ATTACK!!
Posted by calvintaneng > 2020-05-15 12:14 | Report Abuse
Testerday Rakunten did a write up on Ancom
And we quote
We are positive on Ancom Bhd (“Ancom”) prospects and growth trajectory of their agrichemical business. This division contributes over 70% of group’s profit with decent gross margins of over 15%. Its 4-year CAGR is solid of over 25% in revenue and profits. As such, we believe Ancom will see better days in FY21 when its restructuring gains traction. BUY with target price of RM0.90 premised on 12.5x PER FY21 being 2-year average PER and comparable to its peers.
Ancom’s key driver and hidden jewel is their agrichemical business under Ancom Crop Care Sdn Bhd. The other major asset being its 48.95% stake in Nylex Bhd which is in the industrial chemical business that has hit a sweet spot amidst the Covid-19 pandemic. It is experiencing surge in demand for their ethanol production, an active ingredient in sanitisers. Its business of manufacturing hand sanitisers and hygiene and sanitisation services is the new normal in the wake of gradual opening of most business post CMCO. Ancom’s foray into sanitiser production is complementary to their existing business as the margins are fairly lucrative with gross margins ranging between 25-40%.
Core business and hidden jewel lies in their subsidiary Ancom Crop Care Sdn Bhd which contributes over 70% of the profit to Ancom Bhd. Agriculture chemicals which are part of the food supply chain are predominantly used in sugar cane plantation, palm oil plantations. It has reported FY19 net profit of RM35m and is expected to maintain is profitability for FY20 and FY21. This value however is trapped at group level which is undergoing restructuring as their other business has been a drag such as media that realised over RM12m loss for FY19.
Nevertheless, we still expect Ancom Bhd to remain profitable with agribusiness to be the key driver delivering earnings growth via expansion of capacities and new products for the agribusiness coming onstream by FY21. This would catapult group’s earnings and expect growth momentum to continue with EPS to chart double digit growth for FY21 and beyond.
And these are some good points
1) ANCOM 4-Year CAGR is solid of over 25%
2) Seeing better days ahead Rakunten gave a PER12.5 Target Price for Ancom at 90 sen
That is too modest. The Surge in NYLEX will lift up Ancom past Rm1,00 to Rm1.20 possible
3) Ancom owns 48.95% of NYLEX
The other major asset being its 48.95% stake in Nylex Bhd which is in the industrial chemical business that has hit a sweet spot amidst the Covid-19 pandemic. It is experiencing surge in demand for their ethanol production, an active ingredient in sanitisers.
Nylex has Hit a SWEET SPOT in Covid 19 pandemic!
Nylex is experiencing SURGE IN DEMAND for their ethanol production, an active ingredient in sanitizers
So Both Nylex & Ancom will benefit tremendously from the Upward Surge of Demand for Sanitizers
Gloves, face masks & isolation gowns are defensive
Only sanitizer is Offensive
Glove, face mask & isolation gown protect from Covid 19
Only SANITIZER ATTACK AND KILL CONONAVIRUS
Posted by Invest_168 > 2020-05-17 23:58 | Report Abuse
IN NYLEX ANNUAR REPORT IT IS STATED THAT REVENUE FROM ETHANOL IS RM29 MILLIONS & A PROFIT OF RM2.8 MILLIONS (BUT FACTORY SHUT DOWN FOR UPGRADE AND EXPANSION TILL JUNE 2019)....
=> Only 29 Million the revenue from ethanol...the question is how much it can contribute to the earning of Nylex?
Posted by calvintaneng > 2020-05-18 12:15 | Report Abuse
Already got Rm2. 8 millions from last time profit guidance
So when production fully resume plus high demand and increase in prices
Maybe Rm3. 5 millions to Rm4 Millons in profit or more
If crazy like glove then profit explode to Rm5 or Rm6 millions possible
No result.
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Posted by calvintaneng > 2020-05-15 11:10 | Report Abuse
7 BILLION PAIRS OF HANDS MIGHT NOT NEED GLOVES
BUT 7 BILLION PEOPLE ON EARTH NEED HAND SANITIZER