CHEMICAL COMPANY OF MALAYSIA

KLSE (MYR): CCM (2879)

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Last Price

3.08

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

Trading Volume

0


3 people like this.

659 comment(s). Last comment by winlast 2021-06-17 14:29

Posted by shunfeng2032 > 2017-03-19 20:14 | Report Abuse

selling rm300 millions worth of land to pare down debts will save CCM 8.5 millions a quarter. together with pharma, chemical, polymer biz profits minus cease operation of loss making fertilizer biz. CCM will see profits before tax of at least 100 millions annually. At 1.45, it is the cheapest Pharma company in malaysia.

wolfofWS

31 posts

Posted by wolfofWS > 2017-03-26 12:10 | Report Abuse

what is your target price for this company?

Posted by chinkeong88 > 2017-03-28 20:35 | Report Abuse

Profit more, give more dividend or bonus.. we see for fact! This is what investors hoping. I bet n hold it

Coldman

21 posts

Posted by Coldman > 2017-03-31 12:06 | Report Abuse

slow and steady

John Angel

255 posts

Posted by John Angel > 2017-04-05 20:08 | Report Abuse

i bought in 1.49, waiting for tp:2.00

Posted by littlebro > 2017-04-21 16:18 | Report Abuse

low trade volume.

Posted by moneytrail > 2017-05-10 21:33 | Report Abuse

Gogogo TP2. Then TP3.

Posted by shunfeng2032 > 2017-05-25 09:58 | Report Abuse

time to add more.

Posted by moneytrail > 2017-07-21 01:15 | Report Abuse

Still waiting breakout!!

alpacino

385 posts

Posted by alpacino > 2017-07-21 10:54 | Report Abuse

Can shoot up anytime. Coming Qtr results definitely better. Likewise for CCMDBIO.

Posted by yeowhan89 > 2017-07-27 16:52 | Report Abuse

woohoooooooooo

Coldman

21 posts

Posted by Coldman > 2017-07-27 18:03 | Report Abuse

wah.........amazing day

thesteward

6,759 posts

Posted by thesteward > 2017-07-27 18:44 | Report Abuse

Nice one

alpacino

385 posts

Posted by alpacino > 2017-07-27 18:59 | Report Abuse

Perhaps CCMDBIO turn soon....

Posted by chinkeong88 > 2017-07-28 13:55 | Report Abuse

We may notice last few days, the buyer volume percentage very high... no surprise it move n close at 1.77 as of now!

alpacino

385 posts

Posted by alpacino > 2017-07-28 15:02 | Report Abuse

What do you say about CCMDBIO ?

alpacino

385 posts

Posted by alpacino > 2017-07-28 15:07 | Report Abuse

I thot both ccm & ccmdbio would move up in tandem.

Posted by Vincent Leong > 2017-08-02 08:47 | Report Abuse

Today been suspended, any announcement?

thesteward

6,759 posts

Posted by thesteward > 2017-08-02 11:33 | Report Abuse

must be related to ccmbio i guess since both suspended

JEFT836

38 posts

Posted by JEFT836 > 2017-08-02 13:22 | Report Abuse

could be merger..

suregain

1,611 posts

Posted by suregain > 2017-08-02 13:28 | Report Abuse

or provitised ccmdbio

suregain

1,611 posts

Posted by suregain > 2017-08-02 13:28 | Report Abuse

or provitised ccmdbio

Posted by Vincent Leong > 2017-08-02 16:10 | Report Abuse

Heard that ccmdbio might split 1:2 or more

thesteward

6,759 posts

Posted by thesteward > 2017-08-02 17:01 | Report Abuse

what about ccm leh?

JEFT836

38 posts

Posted by JEFT836 > 2017-08-02 20:08 | Report Abuse

have u guys read the announcement? what it's mean

suregain

1,611 posts

Posted by suregain > 2017-08-02 20:11 | Report Abuse

Who benefit d most?

necro

4,726 posts

Posted by necro > 2017-08-02 20:48 | Report Abuse

CCM

necro

4,726 posts

Posted by necro > 2017-08-02 21:01 | Report Abuse

for short term..in long term will be like another LION GROUP...stupid

paring debt by selling land, a prime land which is Shah Alam is definately stupid thing,instead of selling why dont develop a property over there,if TIONG NAM can do it why cant you?..

I dont understand 1 more distribute cash cow company(CCMDBIO) just to satisfy PNB & no vision shareholder,terok2 those on top management just same like those in FGV...
if you focus on polymer production just acquire small efficient company like what LUXCHEM doing,now by give PNB free2 CCMDBIO you(CCM BERHAD) losing cash cow.

You(CCM BERHAD) were not give shareholder a door to realized the holdings but losing in the end.

THE ULTIMATE WINNER WERE PNB...Wahid is brilliant,if LTAT got PHARMANIAGA,PNB got CCMDBIO....bravo TS WAHID

JEFT836

38 posts

Posted by JEFT836 > 2017-08-02 21:05 | Report Abuse

as a ccm shareholders we entitled for ccmdbio.Right

gsi723

903 posts

Posted by gsi723 > 2017-08-02 23:28 | Report Abuse

What ccmdbio shareholder will get? Cash? @ what value..?

Posted by moneytrail > 2017-08-03 11:13 | Report Abuse

Free CCMDBIO shares! Add!

csan

435 posts

Posted by csan > 2017-08-03 11:36 | Report Abuse

buying CCM now at RM1.58 means getting CCM Duopharma shares on the cheap. CCM price should go back to RM1.75 ish level. matter of time.

Posted by Skipz Yang > 2017-08-03 12:42 | Report Abuse

doesn't sound like we are getting ccmdbio shares tho

chkhooju

1,706 posts

Posted by chkhooju > 2017-08-03 13:07 | Report Abuse

CCMDBio shares will be distributed on what basis? We will be getting odd units?

necro

4,726 posts

Posted by necro > 2017-08-03 13:46 | Report Abuse

CCM shareholder will get CCMDBIO...

Alex Woo

66 posts

Posted by Alex Woo > 2017-08-03 15:17 | Report Abuse

If get ccmdbio,why drop so much?cant understand.

gsi723

903 posts

Posted by gsi723 > 2017-08-03 23:10 | Report Abuse

Every 3 units of CCM will get 2 unit of CCMDBIO? The 3unt of CCM become 1 unit of CCM? The announcement is blur???

ruslimz

1,609 posts

Posted by ruslimz > 2017-08-04 09:28 | Report Abuse

price of CCM now is 1.55 and CCMDBIO is 2.07. So what will happened after the proposal ??? Simple calculation. Say you buy 3000 units of CCM now , you cost will be 1550x 3 = 4650. After the proposals, your 3000 units will become 1000 units of CCM shares and you will get 2000 units of CCMDBIO. If you sell all CCM and CCMDBIO shares at current price ,you will get 1550 for CCM and 4140 for CCMDBIO at the total of 4650, same as your cost...back to square one.....

alpacino

385 posts

Posted by alpacino > 2017-08-04 17:17 | Report Abuse

ruslimz - what if I only have CCMDBIO ? what will be the scenario - appreciate your simple feedback.

gsi723

903 posts

Posted by gsi723 > 2017-08-04 19:24 | Report Abuse

Like that ka? They simply play to suit PNB needs....?

csan

435 posts

Posted by csan > 2017-08-06 09:49 | Report Abuse

ruslimz, you're wrong.

''you will get 2000 units of CCMDBIO''. this is wrong.

''If you sell all CCM and CCMDBIO shares at current price ,you will get 1550 for CCM and 4140 for CCMDBIO at the total of 4650''. that's also wrong.

glaring error in the second..... 1550 + 4140 = 5690!

csan

435 posts

Posted by csan > 2017-08-06 09:53 | Report Abuse

will do a detailed article on this. but the real value many people have not taken notice of is that the interest cost of CCM will fall from about RM21 million currently to about RM5 million after the whole exercise is completed.

Posted by chinkeong88 > 2017-08-06 21:47 | Report Abuse

If you hold one lot of ccm, after restructuring, you are entitle to get 1/3 of ccm, and 2/3 of ccmdbio.just a mathematics cal......however, the share for ccmdbio now is keep down trend.. I plan I will sell first, wait then after restructure, will buy back ccmdbio.. more realistic!

Posted by moneytrail > 2017-08-10 23:47 | Report Abuse

Csan awaiting your article!!

Posted by moneytrail > 2017-08-10 23:48 | Report Abuse

I think big sharks should have plan to increase value for their shareholders. If not why bother with all the corporate exercise.

alpacino

385 posts

Posted by alpacino > 2017-08-26 11:00 | Report Abuse

Any comments on the latest results from Sifus here ?

Posted by Angel of KLSE 大马股仙 > 2017-08-27 21:47 | Report Abuse

I cannot understand why got people selling CCM.
After restructure, 1.48/3=0.49, 2.04(CCMDBIO price)/3=0.68, so 0.49+0.68+0.68=1.85
CCM is worth RM1.85 per share.
You don't know mathematics or I mistake?

alpacino

385 posts

Posted by alpacino > 2017-08-29 11:59 | Report Abuse

Agree with you Angel. I think those selling are confused.

alpacino

385 posts

Posted by alpacino > 2017-08-30 14:43 | Report Abuse

Don't sell - good prospects.

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