LUXCHEM CORPORATION BHD

KLSE (MYR): LUXCHEM (5143)

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Last Price

0.605

Today's Change

-0.005 (0.82%)

Day's Change

0.585 - 0.61

Trading Volume

2,072,000


5 people like this.

4,455 comment(s). Last comment by jerret 1 week ago

Posted by gushenzhilu > 2022-03-15 16:18 | Report Abuse

How? Emm

Posted by Silentreader88 > 2022-03-17 11:36 | Report Abuse

Just collect. This counter is the most laggard compared to other HC related counter, once they all at rest this counter will shoot up. Fundamentally is promising

danchong

495 posts

Posted by danchong > 2022-04-04 13:28 | Report Abuse

Can sense some buying interest for the past two days

DickyMe

14,428 posts

Posted by DickyMe > 2022-04-04 17:11 | Report Abuse

Don't be fooled.

danchong

495 posts

Posted by danchong > 2022-04-06 15:12 | Report Abuse

DickyMe, do you think the buying is fake?

DickyMe

14,428 posts

Posted by DickyMe > 2022-04-06 20:42 | Report Abuse

No, but orchestrated.

DickyMe

14,428 posts

Posted by DickyMe > 2022-04-06 20:45 | Report Abuse

AMMB analyst predicts RM1.04 but I don't think it can even break 90 sen.

DickyMe

14,428 posts

Posted by DickyMe > 2022-04-06 21:25 | Report Abuse

PROPOSED RENEWAL OF SHARE BUY-BACK OF UP TO TEN PERCENT (10%)
OF THE TOTAL NUMBER OF ISSUED SHARES OF LUXCHEM CORPORATION
BERHAD
(“PROPOSED RENEWAL OF SHARE BUY-BACK MANDATE”)

HK_Trust

77 posts

Posted by HK_Trust > 2022-04-07 15:01 | Report Abuse

Taiwan fellow news, this time Covid will be more worsen then previous

Posted by gushenzhilu > 2022-04-07 22:17 | Report Abuse

Hi Dicky Me, why u sounds so funny and feeling so bad on this counter?

Posted by gushenzhilu > 2022-04-07 22:18 | Report Abuse

A big gameplay might be coming this year or next year or next next year. HAHAHA

lastwing

20 posts

Posted by lastwing > 2022-04-14 08:56 | Report Abuse

Slowly they will recovery.

neonstrife

466 posts

Posted by neonstrife > 2022-04-21 09:56 | Report Abuse

https://www.theedgemarkets.com/article/luxchem-acquire-block-n-jaya-one-rm1998-mil

KUALA LUMPUR (April 20): Plastic material and resin manufacturer Luxchem Corp Bhd has proposed to acquire a leasehold property in Petaling Jaya, Selangor, for a total consideration of RM19.88 million.

The company said it intends to shift its head office to the newly acquired property, amid space constraints at its existing head office situated in Damansara Utama.

According to Luxchem’s bourse filing, Luxchem Trading Sdn Bhd (LTSB), a wholly-owned subsidiary of the company, has entered into a sale and purchase agreement (SPA) with Worldwide Emergency Assistance (Malaysia) Sdn Bhd to purchase the whole of Block N at Jaya One, Petaling Jaya.

The property has a built up area of 28,578.2 sq ft, with a 99 years leasehold tenure due to expire on May 28, 2105. It is also free from all encumbrances and not subject to any restriction in interest.

Luxchem said the purchase price was arrived at on a willing buyer-willing seller basis after taking into consideration the assessment on the location, accessibility, suitability of the site, availability of public services and development of the surrounding area.

“The settlement of the purchase price will be funded by cash via internally-generated funds and bank borrowings,” it said, adding that the proposed acquisition is expected to be completed within three months from the date of the SPA.

Luxchem’s share price finished 2.14% or one and a half sen lower at 68.5 sen on Wednesday (April 20), bringing it a market capitalisation of RM732.86 million.

DickyMe

14,428 posts

Posted by DickyMe > 2022-04-25 10:19 | Report Abuse

"for a total consideration of RM19.88 million."
==================================

Unproductive expense, minus from profit if any.

boy2ts

215 posts

Posted by boy2ts > 2022-06-14 13:09 | Report Abuse

move pls..

imvu

7,888 posts

Posted by imvu > 2022-06-20 07:48 | Report Abuse

0.585 , oversold ? rebound sama dengan glove ?

PunTatBerSiul

1,001 posts

Posted by PunTatBerSiul > 2022-06-22 22:20 |

Post removed.Why?

Zackmeiser

309 posts

Posted by Zackmeiser > 2022-07-18 17:06 | Report Abuse

Downtrending. Time to accumulate

DickyMe10

83 posts

Posted by DickyMe10 > 2022-08-29 11:15 | Report Abuse

LIM KUANG SIA (49,200,000 units Acquired)
CHOW CHENG MOEY (49,200,000 units Disposed)

Right hand to Left hand
Kiri Kanan
Depan cucuk keluar belakang.

Net = 0

Posted by gushenzhilu > 2022-10-28 00:29 | Report Abuse

bad results. going to fall

Luckup

41 posts

Posted by Luckup > 2022-12-05 18:56 | Report Abuse

bad result,but price hold steady. so, once earning improve, possible price jump.

Posted by gushenzhilu > 2022-12-07 23:42 | Report Abuse

other counters all rebound. this counter forever sleeping

DickyMe

14,428 posts

Posted by DickyMe > 2023-03-09 10:22 | Report Abuse

This counter got no new business. They still selling char koay teow at roadside stall and expect to hit billion dollar sales.

fortunefire

1,374 posts

Posted by fortunefire > 2023-04-05 14:52 | Report Abuse

think the price will drop further after the ex-date.

Posted by Killsthebear > 2023-04-06 16:05 | Report Abuse

Further to the Previous Announcements, the Company wishes to announce that legal team of the Defendant would like to resolve the case through mediation and the Plaintiff concurred with the proposal.



The legal team of the Company has received a letter dated 4 April 2023 from the State Court of Selangor, informed that the Court had fixed the mediation on 19 April 2023, at 11:00AM, at Shah Alam Court Mediation Centre.

DickyMe

14,428 posts

Posted by DickyMe > 2023-04-07 16:43 | Report Abuse

Mediation will fail. You cannot trust the defendant. They are just buying time.

DickyMe

14,428 posts

Posted by DickyMe > 2023-05-02 22:54 | Report Abuse

Red Alert!
Gradual reducing revenue and profit, quarter after quarter.
Sinking ship!

DickyMe

14,428 posts

Posted by DickyMe > 2023-05-12 09:57 | Report Abuse

Dropping 0.005 sen everyday!
Gradual dumping.

Posted by gushenzhilu > 2023-05-25 15:53 | Report Abuse

road to 30sen bros. faster dump

Posted by gushenzhilu > 2023-05-29 21:52 | Report Abuse

@DickyMe you also holding alot of shares like me?

DickyMe

14,428 posts

Posted by DickyMe > 2023-06-08 12:42 | Report Abuse

Yes! The only thing they do consistently is pay dividend. However it is not sufficient to cover your initial investment as it may takes decades to recover it with their pittance dividend payout. It's not I have grudge with Chinese, but a trend is observable. Majority of Chinese companies with link to China, initially show some prospect but they quickly decline and become corrosive similar to rusty metal. There are a bunch of them listed in KLSE junkyard stock bourse.

DickyMe

14,428 posts

Posted by DickyMe > 2023-06-08 12:52 | Report Abuse

"Posted by gushenzhilu > 2022-04-07 22:18 | Report Abuse

A big gameplay might be coming this year or next year or next next year. HAHAHA"
==================================

Well, I am still waiting for that gameplay which you mentioned a year ago.

DickyMe

14,428 posts

Posted by DickyMe > 2023-06-08 13:02 | Report Abuse

This fellow hiked up no of shares by printing ESOS.

In 2014 increase of 100%
In 2017 increase of 300%
Current increase ~15%

They diluted it and now buying back their own shares.

It is limbo rock show!

fortunefire

1,374 posts

Posted by fortunefire > 2023-06-15 09:45 | Report Abuse

madam chin keeps on buying back. good news coming?

4ever5

295 posts

Posted by 4ever5 > 2023-08-27 23:17 | Report Abuse

A stock that i trapped myself for a year with lost, but continue to average down this stock.. hold long as long as continue giving dividend.

DickyMe

14,428 posts

Posted by DickyMe > 2023-09-28 15:00 | Report Abuse

You need to wait for 25 years to get back your full investment capital without profit, assuming they give 4% dividend annually, while the real value of share drops to toilet paper price.

What you would have gain is wrinkles unhappiness, mental instability and always depressed emotion over that much years without any profit.

DickyMe

14,428 posts

Posted by DickyMe > 2023-09-28 15:02 | Report Abuse

And..4% annual dividend, I am being generous here when the reality stinks.
So be sure to add more years of misery to regain your CAPITAL.

Posted by Killsthebear > 2023-10-30 16:17 | Report Abuse

vroom vroom

Michael Kwok

6,121 posts

Posted by Michael Kwok > 2023-10-31 00:17 | Report Abuse

Luxchem 51cents
Buy on weaknesses if got dip below 49 cents
15 trading days period and try
60 cents range
30/10/23 12.17am

DickyMe

14,428 posts

Posted by DickyMe > 2023-10-31 00:24 | Report Abuse

60 sen?? DIU ler!

thesigncom

460 posts

Posted by thesigncom > 2023-12-07 12:14 | Report Abuse

board of directors keep buying as the price is being pressed down

speakup

25,315 posts

Posted by speakup > 2024-01-02 13:22 | Report Abuse

Rumour created by u?

MACD

109 posts

Posted by MACD > 2 months ago | Report Abuse

QR ok and giving dividend

thesigncom

460 posts

Posted by thesigncom > 2 months ago | Report Abuse

board quietly and slowly accumulating

thesigncom

460 posts

Posted by thesigncom > 1 month ago | Report Abuse

price now at 2 year high

DickyMe

14,428 posts

Posted by DickyMe > 3 weeks ago | Report Abuse

During Covid, price shot above RM1 leh!

LaoHaidi

251 posts

Posted by LaoHaidi > 3 weeks ago | Report Abuse

Because demand for latex chemical was high during Covid era. It rode up with glove companies

DickyMe

14,428 posts

Posted by DickyMe > 2 weeks ago | Report Abuse

Why price dropped within one week after skyrocketing? Demand for latex fizzled?

Siow Looi

418 posts

Posted by Siow Looi > 1 week ago | Report Abuse

Sapu first, glove mania is back

jerret

27 posts

Posted by jerret > 1 week ago | Report Abuse

no harm to collect good stock with low price

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