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 kalofarmako > 2019-11-08 10:53 | Report Abuse

Pharmaniaga Bhd witnessed a 300% spike in orders, largely from hospitals and government clinics after the government announced the firm’s drugs and medical supply concession would end on Nov 30.

Check this out!!! https://klse.i3investor.com/blogs/MYpharmaceuticalnews/234455.jsp

Posted by kalofarmako > 2019-11-11 16:43 | Report Abuse

POSITIVE REACTION ON PHARMANIAGA EXTENSION

Sources Link:https://klse.i3investor.com/blogs/MYpharmaceuticalnews/234829.jsp

Posted by kalofarmako > 2019-11-12 11:13 | Report Abuse

Check this out!!!

Sources Link:https://klse.i3investor.com/blogs/MYpharmaceuticalnews/234991.jsp

Posted by kalofarmako > 2019-11-12 17:21 | Report Abuse

PHARMANIAGA STOCK RECORD YEAR’S STRONGEST JUMP

Check this out!!!

https://klse.i3investor.com/blogs/MYpharmaceuticalnews/235081.jsp

Posted by kalofarmako > 2019-11-19 11:40 | Report Abuse

Pharmaniaga Bhd confirms today that it has secured a five-year extension for the provision of logistics and distribution services to the Ministry of Health, to end on Dec 31, 2024.

Check this out:
https://klse.i3investor.com/blogs/MYpharmaceuticalnews/237671.jsp

Posted by kalofarmako > 2019-11-20 12:00 | Report Abuse

https://klse.i3investor.com/blogs/MYpharmaceuticalnews/238123.jsp

Govt extends Pharmaniaga services for medicines, medical supplies

Posted by kalofarmako > 2019-11-22 11:10 | Report Abuse

Now that govt is removing concession, its a smart move for Pharmaniaga to focus on diversifying

JayC

1,302 posts

Posted by JayC > 2019-11-22 12:59 | Report Abuse

any research article to share on ccm ?

Posted by kalofarmako > 2019-11-26 14:42 | Report Abuse

https://klse.i3investor.com/blogs/MYpharmaceuticalnews/240245.jsp

PHARMANIAGA MAY STILL HAVE THE UPPER HAND

Posted by kalofarmako > 2019-12-03 09:15 | Report Abuse

Pharmaniaga is contributing to non-profit research and development organization Drugs for Neglected Diseases initiative (DNDi) to support the registration of a new treatment for those with hepatitis C in Malaysia.

https://klse.i3investor.com/blogs/MYpharmaceuticalnews/242914.jsp

Posted by kalofarmako > 2019-12-13 14:53 | Report Abuse

Good news from Pharmaniaga!!!

https://klse.i3investor.com/blogs/MYpharmaceuticalnews/247439.jsp

CUTLOST

5,178 posts

Posted by CUTLOST > 2020-02-05 02:05 | Report Abuse

Ccm

sukagtl

51 posts

Posted by sukagtl > 2020-02-21 10:22 | Report Abuse

time to collect and keep.. ccm is cooking for covid..

Posted by chickenrice > 2020-02-21 17:42 | Report Abuse

on one hand, CCM is poised to gain from the increased glove demand via the chemical and polymer(more profitable) offerings as they provide products at most parts of the production to glovemakers. On the other hand, the short term outlook for caustic soda prices are not favourable, not helped by COVID-19, which is the main revenue driver for CCM. It needs to fall closer to RM1 for it to have an attractive risk/return profile.

super_newbie

1,261 posts

Posted by super_newbie > 2020-04-07 10:20 | Report Abuse

Forsee a good prospect of CCM. Both chemical and polymer segment expand at a healthy CAGR in the upcoming forecast.

https://www.marketwatch.com/press-release/chlor-alkali-market-is-estimated-to-expand-at-a-healthy-cagr-in-the-upcoming-forecast-2022-2020-01-13

super_newbie

1,261 posts

Posted by super_newbie > 2020-04-07 18:29 | Report Abuse

0.865 > 0.93 > 1.04

James Ng

2,678 posts

Posted by James Ng > 2020-04-08 09:41 | Report Abuse

https://klse.i3investor.com/blogs/general/2020-04-08-story-h1485848090.jsp
[转贴] [CHEMICAL CO OF MALAYSIA BHD:氯碱产品平均销售价格下降导致利润率下降,主要产品的平均销售价格与去年同期相比下降了21%;在本季度中,未充分利用的资产和可疑贸易应收款准备金减值总计290万令吉] - James的股票投资James Share Investing

super_newbie

1,261 posts

Posted by super_newbie > 2020-04-08 11:57 | Report Abuse

Yes, revenue was affected by low avg selling price of chlor-alkali. With the current Covid-19 outbreak and oil price war, I believe CCM still strong to sustain thru this economic recession. With the improve of low finance and administrative cost, and 111M of cash available, there is no problem for the company to overcome the following recession. Also, polymers segment high probability to contribute a surprise revenue potion in next qr.

Superb99

6,577 posts

Posted by Superb99 > 2020-04-08 14:49 | Report Abuse

No wonder the price does not move, negative comment from James

Superb99

6,577 posts

Posted by Superb99 > 2020-04-08 14:50 | Report Abuse

I am just thinking the price now is super low so worth for a try

super_newbie

1,261 posts

Posted by super_newbie > 2020-04-08 15:53 | Report Abuse

haha... james bring shits? Yes, good for accumulate. Many stocks has already recover atleast 80%, CCM is in midst to recover, around 60% now, 20% surging remain for short term.

Posted by Gordon Weng M.T > 2020-04-08 23:59 | Report Abuse

Time to invest into this stock

super_newbie

1,261 posts

Posted by super_newbie > 2020-04-09 12:56 | Report Abuse

Might as well people waiting next month to flow in to look on this counter since ex-date of 2 cent dividend at 04-Jun.

super_newbie

1,261 posts

Posted by super_newbie > 2020-04-09 13:01 | Report Abuse

Anyhow, guess this counter will be ranging from 0.93-1.04 by next month.

susan1964

21 posts

Posted by susan1964 > 2020-04-17 01:51 | Report Abuse

Volume just started. Looks good time to collect.

super_newbie

1,261 posts

Posted by super_newbie > 2020-04-21 17:54 | Report Abuse

ermm... second interim dividend

super_newbie

1,261 posts

Posted by super_newbie > 2020-04-21 17:57 | Report Abuse

means there will be another final dividend for FY2019?

bahai4453

2,297 posts

Posted by bahai4453 > 2020-04-22 16:47 | Report Abuse

To chase high you be able to hold. If you're trapped here, they still give you dividends,.Gradually will cut down your investment per unit each time.
Next dividends if I'm not mistaken will not less than the past.

tallman

916 posts

Posted by tallman > 2020-04-23 05:01 | Report Abuse

Why ccm profits keep on decreasing?

super_newbie

1,261 posts

Posted by super_newbie > 2020-04-23 09:15 | Report Abuse

flying loh...

tansoonyg

61 posts

Posted by tansoonyg > 2020-04-23 09:22 | Report Abuse

Hope CCM will follow LUXCHEM stage. Today will fly above RM1

tallman

916 posts

Posted by tallman > 2020-04-23 10:09 | Report Abuse

Chemicals

Chemicals Division recorded higher volume sold for its key Chlor-alkali products by between 14% to
31% during the period under review. Despite the higher volume sold, revenue decreased by 3.6% due
to lower average selling prices of its chlor-alkali products (by up to 28%) on the back of softer prices
of the chemical commodity during the period. Consequently, profit before tax reduced to RM26.1
million compared to RM50.6 million in corresponding period last year.


Polymers

Revenue increased by 1.7% as compared to same period last year. The Division’s profit before tax,
declined from RM19.2 million to RM17.7m due to additional depreciation pursuant to the
commencement of operations from its new building in Bangi, and impairment made on certain
receivables identified as doubtful.

super_newbie

1,261 posts

Posted by super_newbie > 2020-04-23 18:12 | Report Abuse

sold at 0.935 today, see if got chance to collect below 0.85 tomorrow or not

Hush77

1,258 posts

Posted by Hush77 > 2020-04-24 14:47 | Report Abuse

Guys just for info purpose...and to Calvin reseach...

Calvin Tan research recommend LUXCHEM, maybe calvin can also look at CCM:

CCM checmical also supply a wide range of products and chemical/polymer to glove manufacturers like LUXCHEM.... and they are increasing capacity.. now it trades at low PE.. and got dividend declared...

Will it be next candidate to go up like LUXCHEM?
All the best..

Ref this posting:, in 2020 they increasing capacity for the glove manufacturer demand:

https://www.thestar.com.my/business/business-news/2019/05/06/ccm-to-reap-rewards/

“With a plant situated in close proximity to Pasir Gudang within a duopoly chlor–alkali market, CCM stands to benefit from Rapid’s commissioning. Polymer coating demand is also expected to continue its growth.”

This, the research house said, is based on the long-term growth prospects of the rubber glove manufacturers, with planned capacity expansions of around 50 billion pieces from the existing 200 billion pieces by 2020.

Also they have divison to serve a WIDE RANGE of products to glove manufacturers:
https://www.ccmberhad.com/polymers-product-range.php

World Class Partner
Through our Polymers business, we offer high performance polymer coating solutions and rubber chemicals solutions that enhance the quality of gloves production. We have always been and always be innovating, and we do it to help our customers serve better.
Our techno commercial team, work vehemently together with our R&D to create a sustainable portfolio of product offerings, capable of supporting the global rubber glove industry.

Kleen – Efficient Online & Offline Mould Cleaning Agent
Cyclaron – Coagulant Powder Free for Natural & Synthetic Rubber Gloves
Ayclaron – Donning Online Polymer
Nyclaron – Working Offline Polymer
Tyclaron – Superior Surfactant Systems
Ryclaron – Powder Reducing Agent
Bacfree – Biocide

Hush77

1,258 posts

Posted by Hush77 > 2020-04-24 14:53 | Report Abuse

if you missed luxchem then can look at this...insya allah it will go up..

tansoonyg

61 posts

Posted by tansoonyg > 2020-04-24 14:55 | Report Abuse

Today start moving up, don't miss it.

Hush77

1,258 posts

Posted by Hush77 > 2020-04-24 15:40 | Report Abuse

show baru start...

Hush77

1,258 posts

Posted by Hush77 > 2020-04-24 16:20 | Report Abuse

from their website they support the "global rubber glove industry".

share price only 99cents
EPS 9 cents
PE ratio is low 9.55X
Dividend yield 5%
Net asset 1.93

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

those who buy will still entitled to a 2 sen dividend which will go ex in Jun

char1234

5,299 posts

Posted by char1234 > 2020-04-24 17:13 | Report Abuse

they declare divided already ??

tansoonyg

61 posts

Posted by tansoonyg > 2020-04-24 17:17 | Report Abuse

Will shoot above RM1.50 soon, still under value at this moment with NTA 1.9

Hush77

1,258 posts

Posted by Hush77 > 2020-04-25 03:25 | Report Abuse

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

potenza10

1,217 posts

Posted by potenza10 > 2020-04-25 06:02 | Report Abuse

Better go for LCTITAN..

char1234

5,299 posts

Posted by char1234 > 2020-04-25 11:33 | Report Abuse

likely to NTA ....agree

chkhooju

1,706 posts

Posted by chkhooju > 2020-04-25 11:37 | Report Abuse

Reckon CCM is very much better than LCTitan.

chkhooju

1,706 posts

Posted by chkhooju > 2020-04-25 11:39 | Report Abuse

At least it has the support of PChem, hence cheaper feedstock.

Hush77

1,258 posts

Posted by Hush77 > 2020-04-25 15:32 | Report Abuse

Yup... CCM products are used in the glove
manufacturing process
i.e. on-line
polymer (Ayclaron), former cleaner
(Kleen) and coagulant powder free
(Cyclaron).

Long term client base inclusive of major gloves producers and it is increasing capacity to meet the demand with their plant in pasir gudang..

The share price still way below NTA $1.9..

Good luck

Hush77

1,258 posts

Posted by Hush77 > 2020-04-25 15:38 | Report Abuse

Besides gloves manufacturere, they also got contract from petronas...

https://www.mida.gov.my/home/8776/news/ccm-at-right-placetime-for-rapid/

Lucky81

495 posts

Posted by Lucky81 > 2020-04-25 16:49 | Report Abuse

goreng mode still on, buy more next week.

char1234

5,299 posts

Posted by char1234 > 2020-04-25 17:03 | Report Abuse

lucky...why you so optimistic ??

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