Posted by dolphin8838 > 2020-08-06 21:52 | Report Abuse

Ben C Kh, Not CCM, but LuxChem (#5143). Today limit up.

Posted by NathanScott > 2020-08-07 20:17 | Report Abuse

Any news on this?

Posted by billionn > 2020-08-08 00:05 | Report Abuse

No news is good news

Posted by NathanScott > 2020-08-10 22:28 | Report Abuse

https://www.theedgemarkets.com/article/supermaxs-4q-net-profit-soars-record-high-rm399-million-beats-market-expectations?type=malaysia

Will this bring good news too CCM?

Posted by billionn > 2020-08-11 12:05 | Report Abuse

Let us hope this is not glove related counter or else mampus lor

Posted by hahasong > 2020-08-18 09:40 | Report Abuse

现在很多人买PWORTH股票

很便宜，0.04

值得购买！

Many people now buy PWORTH stock

Very cheap, 0.04

worth buying!

Posted by billionn > 2020-08-19 01:05 | Report Abuse

@hahasong any good news??

Posted by abang_misai > 2020-08-24 20:34 | Report Abuse

Kita sudah kena tipu lah

Posted by DragonEgg > 2020-08-25 13:39 | Report Abuse

kevinobc - why next will be CCM ? the reason is .... ?

Posted by yaphoikiong > 2020-08-27 23:54 | Report Abuse

poor counter

Posted by abang_misai > 2020-09-11 06:46 | Report Abuse

If drop to 1.05, I will kena margin call. Sad

Posted by angsp > 2020-10-07 10:11 | Report Abuse

slowly climb up..

Posted by gg_gal > 2020-10-07 10:51 | Report Abuse

ccm good? what do they do.

Posted by vcinvestor > 2020-10-07 11:08 | Report Abuse

https://www.insage.com.my/ir/cmn/loadpdf.aspx?sCompanyCode=CCM&sFileName=19210000033112

a corporate overview of CCM

Posted by kelvin17 > 2020-10-07 15:12 | Report Abuse

why since ccm is the largest suppiyer of chemicals to glove industries but its performance is so bad

Posted by kelvin17 > 2020-10-07 15:13 | Report Abuse

other small chemical supplyer making tonnes of profit

Posted by gg_gal > 2020-10-08 10:13 | Report Abuse

such a good company.. why share price so low.

Posted by kevinobc > 2020-10-08 10:15 | Report Abuse

coming to 1.60

Posted by NavinShah > 2020-10-08 11:25 | Report Abuse

Poor management.

Posted by kelvin17 > 2020-10-08 12:07 | Report Abuse

i check in 2018, 2019 when sales order not that high price was 2.0 plus , now with the glove industries peak volume , ccm price gone so low ??? , if management is the problem pl change the management lo , now difficult to find job management better work hard

Posted by vcinvestor > 2020-10-08 12:15 | Report Abuse

its commodity price-driven. When caustic soda prices are as weak as they've been for the past 2 years, whatever management also cannot do miracles. Caustic soda prices were trading at USD500/MT back in 2017, now only USD230/MT. Don't lose money already considered fantastic.

At the end of the day, this is still a PNB-owned stock. So you know you're money's safe, and you will get a dividend lo.

Posted by M2 > 2020-10-16 12:26 | Report Abuse

PNB is consider selling CCM .

Posted by tmore1 > 2020-10-16 13:09 | Report Abuse

1 time book value 1.89. PNB sale should be at or above book...

Posted by kelvin17 > 2020-10-16 15:32 | Report Abuse

wa good la if they can find a buyer at 2.60 , may be glove co interested

Posted by cinapeh > 2020-10-16 16:28 | Report Abuse

hextar interested

Posted by kelvin17 > 2020-10-16 16:52 | Report Abuse

wa look like 2.60 is not a dream come true ..with the glove demand and the chemical supplier is definately a good investment ..lets see next week

Posted by Hush77 > 2020-10-16 17:12 | Report Abuse

CCM supplies a range of checmicals to the gloves manufacturers and it is building a big facility in pengerang johor to cater for that

https://www.ccmberhad.com/polymers-product-range.php

Posted by Hush77 > 2020-10-16 17:38 | Report Abuse

hopefully buyer can give a good price and good general offer ...after that they can replace those poor mgmt team and take this company to the next level..

Posted by Hush77 > 2020-10-16 17:58 | Report Abuse

NTA = $1.89.. so the price should not be lower than that...

in fact some of the glove manufacturer which has become so big, can also easily buy over CCM...
then their chemical supply will be at optimum level and they can supply to their competitors :)

Posted by shteoh1 > 2020-10-16 23:30 | Report Abuse

@Bullrun18 means next week will go down? Price up today was due to this news?

Posted by Hush77 > 2020-10-17 00:15 | Report Abuse

this usually means it is still not yet confirm.. but once it is confirm, then price fly up lo...

Posted by kelvin17 > 2020-10-17 09:22 | Report Abuse

notice the announcement PNB never denial it but didnt want to comment on rumour as the BOD were not aware

Posted by Hush77 > 2020-10-17 10:53 | Report Abuse

good target for any giant glove company to buyover...

https://www.ccmberhad.com/rubber-chemicals-business.php

We are a major producer of calcium nitrate, made by dissolving calcium carbonate (limestone) in nitric acid. Our manufacturing plant in Shah Alam is ISO 9001:2008 certified for the manufacture & sale of calcium nitrate, ensuring ever-progressing standards of quality.

Calcium nitrate is an important component of rubber glove manufacturing as it is used for latex coagulation (from liquid to solid state). CCM Chemicals plans to grow the liquid calcium nitrate business by offering competitively priced product and value-added technical after-sales services particularly to the rubber glove industry.

Posted by Hush77 > 2020-10-19 09:56 | Report Abuse

usually when it is from bloomberg, it should be more or less..
perhaps there is a deal going on..but not yet confirm,,,
need to wait to see what price the buyer bid or offer pnb...
then they will need to give general offer to rest of the shareholder...
base on NTA = $1.89.. but usually buyer will need to come up with higher price..

Posted by angsp > 2020-10-19 11:00 | Report Abuse

slowly clim up

Posted by angsp > 2020-10-19 11:11 | Report Abuse

so power?

Posted by Hush77 > 2020-10-19 11:55 | Report Abuse

now still trading below NTA of $1.89..

Posted by Hush77 > 2020-10-19 13:56 | Report Abuse

if it is then good...bullrun18..


Bullrun18 Heard take over price 2.60 .....
19/10/2020 11:08 AM

Posted by kelvin17 > 2020-10-19 14:21 | Report Abuse

with the current situation in glove industry at 2.60 is still very cheap, potential buyer can make alots of money from this industry . we just need to hold on n hope for the best ...

Posted by Hush77 > 2020-10-19 14:27 | Report Abuse

yes, their polymer division is doing very well, due to demand from glove sector.. :)

https://www.ccmberhad.com/polymers-product-range.php

Posted by gg_gal > 2020-10-21 09:49 | Report Abuse

why up so much one today.

Posted by youtalktoomuch > 2020-10-21 10:09 | Report Abuse

haha...there is no reason the stock diam diam up behind. nobody realize now

Posted by gg_gal > 2020-10-21 10:15 | Report Abuse

means....

Posted by youtalktoomuch > 2020-10-21 10:19 | Report Abuse

https://www.insage.com.my/Upload/Docs/CCM/CCM%20Corporate%20Overview_v2.pdf#view=Full this shared before above . maybe can take some times to read and check any hints for you.

Posted by Seeyounoup > 2020-10-21 10:49 | Report Abuse

buy

Posted by Hush77 > 2020-10-21 11:07 | Report Abuse

now just wait for the buyer offer price to PNB then the general offer to rest of the shareholder..
the NTA is 1.89.. so logically the offer should be higher than that

Posted by gg_gal > 2020-10-21 11:22 | Report Abuse

how you know PNB offer to sell? got any news?

Posted by Hush77 > 2020-10-21 11:48 | Report Abuse

source: bloomberg

Posted by Hush77 > 2020-10-21 12:51 | Report Abuse

The NTA 1.89.. if below 1.80 who want to sell? :)

Posted by sonichead > 2020-10-21 22:33 | Report Abuse

Current price of RM1.80 means their market cap is only RM302mil, too cheap for any acquirer to acquire this company because if we look at its peer, Luxchem, its market cap is RM824mil!! And if im not mistaken, CCM is much bigger than luxchem in terms of capacity..