LUXCHEM CORPORATION BHD

KLSE (MYR): LUXCHEM (5143)

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Last Price

0.48

Today's Change

-0.005 (1.03%)

Day's Change

0.48 - 0.485

Trading Volume

61,300


5 people like this.

4,428 comment(s). Last comment by DickyMe 2 weeks ago

Knownfact

237 posts

Posted by Knownfact > 2022-02-06 06:54 | Report Abuse

1.04

Eurus1973

562 posts

Posted by Eurus1973 > 2022-02-06 10:31 | Report Abuse

Wow boleh ke

danchong

472 posts

Posted by danchong > 2022-02-07 09:52 | Report Abuse

Eurus1973, ask Aminvest

https://klse.i3investor.com/servlets/ptres/61179.jsp

Eurus1973

562 posts

Posted by Eurus1973 > 2022-02-07 16:13 | Report Abuse

Nampak ok ya

danchong

472 posts

Posted by danchong > 2022-02-07 16:54 | Report Abuse

I checked the last 4Q profit were ok even before the acquisition. Looking for to 2 sens final dividend since the company cash is piling up.

Eurus1973

562 posts

Posted by Eurus1973 > 2022-02-07 20:11 | Report Abuse

Cantik, thanks

Eurus1973

562 posts

Posted by Eurus1973 > 2022-02-07 20:13 | Report Abuse

Q4 results should be better with Lexis profit contribution

boy2ts

215 posts

Posted by boy2ts > 2022-02-08 15:48 | Report Abuse

one it go up 1.04. wont be out TP.

DickyMe

12,701 posts

Posted by DickyMe > 2022-02-09 21:32 | Report Abuse

Get ready!

Eurus1973

562 posts

Posted by Eurus1973 > 2022-02-14 21:13 | Report Abuse

Ready for what?

Hunkyman

175 posts

Posted by Hunkyman > 2022-02-15 22:05 | Report Abuse

Get ready for tomorrow.

Posted by Grandmustah > 2022-02-16 09:40 | Report Abuse

luxchem qr very powerful let's see today or tomoro

Posted by Grandmustah > 2022-02-16 10:49 | Report Abuse

luxchem dont miss it

Eurus1973

562 posts

Posted by Eurus1973 > 2022-02-16 12:17 | Report Abuse

Gogogo

Posted by Millermun > 2022-02-16 16:11 | Report Abuse

Anyone want to push ?

Eurus1973

562 posts

Posted by Eurus1973 > 2022-02-16 22:05 | Report Abuse

Last train tomorrow morning to put money take money ya

Eurus1973

562 posts

Posted by Eurus1973 > 2022-02-16 22:06 | Report Abuse

Don’t miss it hihihi “-“

Hunkyman

175 posts

Posted by Hunkyman > 2022-02-17 14:02 | Report Abuse

Last chance to collect in the afternoon.

Posted by PenangInvestor > 2022-02-17 18:08 | Report Abuse

Which PAT is correct? RM20.5M or RM16.5M..:(

Eurus1973

562 posts

Posted by Eurus1973 > 2022-02-17 19:05 | Report Abuse

Good QR out, tomorrow push push push

thesteward

6,654 posts

Posted by thesteward > 2022-02-18 07:06 | Report Abuse

Wow this quarter report hugest revenue n PBT before tax in 5 years?

Brutus

255 posts

Posted by Brutus > 2022-02-18 08:28 | Report Abuse

Was hoping for 2c dividend after they skipped last quarter with no dividend. But looking at long term, LUXCHEM is on the right track.

pilato

235 posts

Posted by pilato > 2022-02-18 09:27 | Report Abuse

Got profit also, share price going down..what is on right track? Going dowm arrr

danchong

472 posts

Posted by danchong > 2022-02-18 10:01 | Report Abuse

Yes, with 208m cash in hand, one sen dividend is disappointing. Bank borrowing is only 84m. The management has not indicated how they intend to use the money. The inventory of 130m is much higher than the 73m in 2020. This should be good as cost has risen lately.

danchong

472 posts

Posted by danchong > 2022-02-18 10:48 | Report Abuse

Agree with Brutus that long term prospect is bright, especially their expansion into the China market. From 24,000 to 28m. The export expanded 47% too. The growth is commendable.

thesigncom

412 posts

Posted by thesigncom > 2022-02-18 11:24 | Report Abuse

Should let the big boss' son get slapped at hotpot restaurant ... Luxchem sure spike to 85sen. HAHA

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

472 posts

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

Can sense some buying interest for the past two days

DickyMe

12,701 posts

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

Don't be fooled.

danchong

472 posts

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

DickyMe, do you think the buying is fake?

DickyMe

12,701 posts

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

No, but orchestrated.

DickyMe

12,701 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

12,701 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

421 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

12,701 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

306 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

40 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

12,701 posts

Posted by DickyMe > 2 weeks ago | Report Abuse

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

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