Posted by Lucky81 > 2020-04-25 17:13 | Report Abuse

doji sp500 up,

Posted by char1234 > 2020-04-25 18:50 | Report Abuse

doji ?? indecisive ??

Posted by wilson0602 > 2020-04-26 13:33 | Report Abuse

now enter will it be consider late?

Posted by tansoonyg > 2020-04-26 14:12 | Report Abuse

will go up further when you compare with LUXCHEM.

Posted by stockraider > 2020-04-26 16:27 | Report Abuse

Ccm only do little bit range of chemical, how can u compare with my sifu luxchem who have a very comprehensive range leh ??


Posted by tansoonyg > Apr 26, 2020 2:12 PM | Report Abuse

will go up further when you compare with LUXCHEM.

Posted by Hush77 > 2020-04-27 09:35 | Report Abuse

major shareholder is PNB and it service the glove industry

Posted by Hush77 > 2020-04-27 09:37 | Report Abuse

so it has strong institutional shareholder backing , and added capacity in pengerang which will serve the rubber and glove industry.. trade way below NTA.. Dividend is 5% and PE is around 9 to 10X

Posted by Value888 > 2020-04-27 11:23 | Report Abuse

low oil price might affect its Pengerang business.

Posted by Hush77 > 2020-04-27 11:32 | Report Abuse

the pengerang expension is to cater for rubber glove manufacturer increased in demand..


“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

Posted by Lychien20 > 2020-04-27 12:15 | Report Abuse

vroooomm.....

Posted by Lychien20 > 2020-04-27 17:15 | Report Abuse

steady closing.

Posted by char1234 > 2020-04-27 19:55 | Report Abuse

116 close,high was 121...

Posted by 123eztrade > 2020-04-27 20:07 | Report Abuse

unbelievable run ..bravo!!!

Posted by char1234 > 2020-04-27 20:16 | Report Abuse

gap up 5ct from opening...strong start but weak finish to my opinion

Posted by char1234 > 2020-04-27 20:16 | Report Abuse

tomorrow test 121 again

Posted by newbie9999 > 2020-04-28 10:17 | Report Abuse

today test 1.10 again..

Posted by char1234 > 2020-04-28 12:29 | Report Abuse

test low susah

Posted by char1234 > 2020-04-28 12:30 | Report Abuse

glove and chemical counter .. profit taking

Posted by char1234 > 2020-04-28 19:14 | Report Abuse

exactly 1.10 !!

Posted by invest2011 > 2020-04-30 16:30 | Report Abuse

Taking a breather before further up again

Posted by volks2 > 2020-05-04 11:08 | Report Abuse

no power

Posted by 240902 > 2020-05-08 11:39 | Report Abuse

Moving now...up 0.10 Cents......any reason Sifus....thanks

Posted by Coldman > 2020-05-12 11:54 | Report Abuse

ong mali ong mali......

Posted by yeoqian > 2020-05-12 14:47 | Report Abuse

Among all the chemical companies, i believe this should stand out among them all.

Chemicals units:

- Produce chemicals for disinfectant such as HYDROCHLORIC ACID & sodium hypochlorite for Covid 19 as approved by WHO, MOE, etc.

- Calcium Nitrate - for Lates Dipping coagulant


Polymers Unit:
- Top 3 market position for Polymer Coatings in the gloves industry.


Will update more

source:

https://www.insage.com.my/ir/cmn/loadpdf.aspx?sCompanyCode=CCM&sFileName=19241000033516


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


Believers win..

Posted by sage1991 > 2020-05-12 15:55 | Report Abuse

When TP....Sifu please advice..

Posted by sage1991 > 2020-05-12 15:59 | Report Abuse

or TP after 4th June (Ex date for dividend)??

Posted by bahai4453 > 2020-05-13 00:14 | Report Abuse

TP Rm 2.00. Next dividen will be more.

Posted by vatbitrage > 2020-05-14 13:42 | Report Abuse

long term buy

Posted by bahai4453 > 2020-05-14 16:15 | Report Abuse

Yes, long term buy and keep buying below 1.50. TP long term 2.00 ++. No affected by covid-19. Rubber glove need this company for raw material.

Posted by bahai4453 > 2020-05-15 11:00 | Report Abuse

CCM: Banks on delayed Petronas contract, chlor-alkali capacity expansion. Chemical Company of Malaysia (CCM) targets to reap this year the benefits from two projects put off from 2019, a caustic soda supply contract to Petronas’ Refinery and Petrochemical Integrated Development (RAPID) facilities and capacity expansion to meet the growing demand for chlor alkali products. The deal to supply up to 351,000 mt of caustic soda to the national oil company was expected to take off in the second half of this year. (Bernama).

Posted by Registered_ID > 2020-05-20 01:05 | Report Abuse

Among the big ones like PetChem, Imaspro, and Southern Acids, they are all green today 19/5.
Let's if CCM rebound for the next 3 days. I noticed the major shareholder is PNB, it should be a rock solid counter.

Posted by bahai4453 > 2020-05-20 12:01 | Report Abuse

1.50 below is very cheap.

Posted by kelvin17 > 2020-05-23 11:08 | Report Abuse

this qtr result the revenue is the same but profit drop alot . why ? i suppose with the glove industry picking up like no tomorrow why CCM performance become worse ? anyone can help to explain TQ

Posted by kelvin17 > 2020-05-23 11:10 | Report Abuse

thats the reason share price drop from 1.5 to 1.3 , can not understand why poor performance

Posted by Registered_ID > 2020-05-24 13:53 | Report Abuse

The retreat in q1 profit margin is due to higher cost of material. Demand wise remained intact as you can see the group revenue is not shaken during MCO.

Relavancy to glove industry has been proven by higher revenue and profit in CCM polymer segment.

However, the maximum positive effect from glove market towards CCM will reflect later because glove factories normally purchase raw material 3 months in advance. So, you will see glove factories starts to place more order for raw material starting from April onwards, probably lock in for the next 9 months to 12 months. These raw material is very important, without them, glove factories cannot produce glove.

I am only touching on the glove related matter because i used to work for one of the big four glove company and CCM is our main supplier.

Rapid project for Petronas is definitely another plus point but i dont have much knowledge and cant comment

Posted by ayamSG > 2020-05-27 11:29 | Report Abuse

https://www.tradingview.com/chart/CCM/9j27ozYV-CCM-Bullish-continue/

Posted by rizalrosly > 2020-05-27 15:47 | Report Abuse

https://3wnews.org/uncategorised/981425/outlook-of-ferric-chloride-hexahydrate-market-with-focusing-key-players-like-brenntag-uk-ireland-chemical-company-of-malaysia-kemira/

Posted by yeoqian > 2020-05-29 08:53 | Report Abuse

Overlooked counter waiting to be explored like scomnet..:)

Posted by yeoqian > 2020-05-29 09:12 | Report Abuse

Dont get me wrong, its not about the medical supplies. but more on the supplies to glove manufacturing i ;ve posted previously.

With the increase in ASP of gloves, i believe the company is able to tap on the higher selling price in its raw materials as well.

First barrier will be the previous high @ 1.58..

If it's able to stand above 1.54.. more upside to be seen in the coming weeks.

Posted by Coldman > 2020-05-29 16:58 | Report Abuse

but this counter always 1 day show and down again

Posted by bahai4453 > 2020-05-31 22:44 | Report Abuse

One day show is better than not showing at all. hahahaha................

Posted by Equityengineer > 2020-06-03 15:53 | Report Abuse

Second Interim Dividend in respect of the financial year ended 31 December 2019 of 2.00 sen per ordinary share

Ex date : 4th Jun 2020

Posted by kelvin17 > 2020-06-07 03:30 | Report Abuse

why LUXCHEM price went up so high and ccm still never move ?

Posted by stevan > 2020-06-07 23:59 | Report Abuse

LUXCHEM is a goreng counter, but CCM is a steady counter

Posted by bahai4453 > 2020-06-08 16:45 | Report Abuse

Just hold right quietly. Wait for the good.

Posted by bahai4453 > 2020-06-09 17:30 | Report Abuse

This counter you can sleep well if you can hold ! Dividend itself will cut down on your investment capital gradually. Don't worry!

Posted by kelvin17 > 2020-06-16 10:23 | Report Abuse

can not sleep well when others drop he also drop but when other go up he remain unchange

Posted by bahai4453 > 2020-06-17 16:58 | Report Abuse

why cannot sleep ? I just add on, GLC leh.

Posted by bahai4453 > 2020-06-17 16:59 | Report Abuse

World cannot survive without Chemical !

Posted by Louise4 > 2020-06-19 09:38 |

Post removed.Why?