Posted by kakashit > 2017-05-05 08:31 | Report Abuse

Alright, see u guys there

Posted by lordng94 > 2017-05-05 08:54 | Report Abuse

I believe the new plant is located in Malaysia not Vietnam

Posted by Doer > 2017-05-05 09:28 | Report Abuse

what new plant? Luxchem acquired/bought new plant?

Posted by Patrick13 > 2017-05-05 10:34 | Report Abuse

I think Bluefun misunderstand for Luxchem Vietnam Co. This is trading company (its principal activity is distributor of chemical and petrochemical products). Refer page 126 of AR, non-current asset in Vietnam is RM33k only. Read page 145, all properties are located in Malaysia only.

Posted by Chan SauWei > 2017-05-05 12:22 | Report Abuse

Any agm breaking news??

Posted by kakashit > 2017-05-05 13:14 | Report Abuse

Great man, Pangolin fund was there, boost up my confidence towards Luxchem

Posted by Chan SauWei > 2017-05-05 14:30 | Report Abuse

Nice to hear this...

Posted by Doer > 2017-05-05 16:56 | Report Abuse

any good news from AGM?

Posted by resilient911 > 2017-05-06 11:28 | Report Abuse

http://www.pangolinfund.com/fact_paf.php

Posted by enning22 > 2017-05-06 12:17 | Report Abuse

LUXCHEM扩大制造业务产能　理建挥军东南亚


（吉隆坡5日讯）鑑于大马市场成长空间有限，加上竞争者日渐增多，理建（LUXCHEM，5143，主板贸服股）放眼未来将业务扩大至整个东南亚区域，尤其是人口分别约为2亿6000万人和1亿人的印尼与越南，而第一步将是扩大其制造业务产能，以备不时之需。

理建董事经理兼首席执行员邓英仕在今日的股东大会后向媒体表示，大马虽然仍是公司最大市场，但其产品亦销往海外多国，包括现已建设办事处的印尼与越南；海外市场目前为公司贡献约30%营业额，若将来其制造业务可进一步成长，将有助于扩大该公司的海外业务。

「我们计划在今年结束前，把旗下马六甲不饱和聚酯树脂（unsaturated polyester resin，UPR）工厂的产能扩大20%到25%，同时，增加去年收购的TransformMaster工厂（TM）之工作班次，由原本的1班，提高到2班。」


至于TM工厂的产能将扩大至什么程度，邓英仕指出，需要看市场需求而定。

他亦补充，该公司今年还会花费300万令吉，在巴生建立一座仓库。

「在理建的两大核心业务中，化学品分销业务门槛较低，而且在海外还要面对争取销售代理、建立营销队伍等问题，但生产自家产品的制造业务则不同，对公司发展形成较为稳定的支撑作用。」惟，他点出，与受保护的大马市场不同，海外市场需面对来自国际间的强大竞争，赚幅可能受压，出口业务未必是十全十美的选择。

巩固老三地位

根据理建2016年报，其化学品分销业务占总营业额73.84%，制造业务只占26.16%。

此外，邓英仕透露，目前其UPR工厂的产能为每年3万吨，产能使用率接近100%；而TM工厂的产能则是每年9000吨，主要生产胶手套业所需的胶乳成份、相关化学剂和分散剂（dispersant）等。

「理建收购TM工厂的目的是，进一步巩固我们在本地胶手套业中的位置；目前，我们可说是大马市场前3位的供应商。」

当被询及目前TM工厂对理建的贡献，他表示，该公司仍在消化这一收购案，TM工厂的发展仍在初始阶段，在2016财政年（12月31日结账）的贡献不多，仅约3000万令吉，或逾4%的营业额。

邓英仕指出，国内各大手套制造商，包括顶级手套（TOPGLOV，7113，主板工业股）等所谓「四大天王」皆是理建顾客，而大马手套业在全球极具竞争力，因此若本地手套业兴旺，该公司亦会随之扶摇直上。

「在我看来，手套业、建筑前景依然黯淡，故维持该股「守住」评级及63仙的目标价。

丰隆投行分析员认为，行业前景料将疲惫，但因合顺油气的收购计划及筹资计划已明朗化，所以将该股的评级上调至「守住」，并把目标价调高至72仙。业的发展，还有理建在印尼与越南市场的表现，都是公司未来的潜在推动力。」

在UPR制造业方面，他透露，理建是大马市场的龙头，但台湾新竞争者的UPR工厂将在今年杪开始运作，届时相关行业的竞争将会升级。

据了解，这家来自台湾的公司是长兴材料工业（Eternal Materials），其本地UPR生产线的产能与理建大致相当。

无惧竞争

面对竞争，邓英仕表示，理建无所畏惧，只需做好本份，但该公司的营运环境充满不确定因素，如外匯走势，原料价格起伏等，因此，即使今年首季（截至3月31日止）业绩大好，他亦不敢过度乐观，只称公司今年业绩应会与去年相当。

理建今日微跌0.61%或1仙，以1.64令吉挂收，全天成交量为31万6400股。

Posted by zexon > 2017-05-06 12:36 | Report Abuse

2017-05-06 11:21
产能持续增加‧理建扩展印越
理建（LUXCHEM,5143,主板贸服组）将透过扩展印尼及越南业务以提振业绩，此外，旗下业务产能也不断扩大，并预期今年表现可维持。
（吉隆坡5日讯）理建（LUXCHEM,5143,主板贸服组）将透过扩展印尼及越南业务以提振业绩，此外，旗下业务产能也不断扩大，并预期今年表现可维持。



该公司董事经理兼首席执行员邓英任在股东大会后表示，对比大马，印尼及越南的人口更多，工业发展也相当庞大，有利于公司业务。

理建核心业务为化学品制造与贸易。

邓英任表示，公司的化学品可用于不同领域，如手套及PVC导管制造，因此制造及建筑业蓬勃发展，公司可从中受益。

“大马手套四巨头皆为公司客户，目前25%至30%的业绩由手套业者贡献，因此上述业者拓展产量，公司也可受惠。”理建去年收购T r a n s f o r m Master公司（TM），其核心业务为化学制品制造，包括胶乳化学分解剂、化学处理物质、活性剂、分散剂及特殊化工乳胶业。

邓英任表示，TM目前属于单班次生产，年产能为9000吨，未来将增加至两班次。

“原有业务不饱和聚酯树脂（Unsaturated Polyester Resin）的年产能为3万吨，今年杪将把产能增加20%。”


邓英任补充，公司今年的资本开销为300万令吉，主要用于巴生英达岛库房的建筑工程。

“综合上述因素，今年业绩表现料可维持。”

理建2017财政年首季净利从700万2000令吉走高至1360万9000，涨幅近1倍。

对此，邓英任补充，首季表现虽不错，却不代表往后3个季度的表现。


针对派息率方面，邓英任补充，公司虽没有制定股息政策，但过往8年的派息率为40%左右。

文章来源 sinchew

Posted by resilient911 > 2017-05-06 15:15 | Report Abuse

http://www.orientaldaily.com.my/s/195387

Posted by Doer > 2017-05-06 19:27 | Report Abuse

wow...thx for info.

Posted by manji > 2017-05-07 01:44 | Report Abuse

Luxchem is my co.'s customer.

ihelpyouUhelpme hi manji, may i know where you got the news of purchase of new polymer machine? just wanna learn how to find more info haha
03/05/2017 22:57

Posted by Doer > 2017-05-08 08:45 | Report Abuse

Morning Luxchem!

Posted by 8085208 > 2017-05-08 21:45 | Report Abuse

as i said, banker is selling

Posted by 8085208 > 2017-05-08 21:46 | Report Abuse

recommend, neither cut half or sell all

Posted by 8085208 > 2017-05-08 21:46 | Report Abuse

good luck

Posted by Doer > 2017-05-09 00:37 | Report Abuse

yes banker is selling to me. thx alot

Posted by enning22 > 2017-05-09 13:56 | Report Abuse

luxchem price up or down , don't rely on what the bankers did, it depend largely on markets in those targeted countries.

Posted by hexiao > 2017-05-12 11:28 | Report Abuse

'banker selling banker selling' ... no reasoning but empty shouts. cock story

Posted by denialC > 2017-05-12 12:02 | Report Abuse

break resistance 1.70!

Posted by Knownfact > 2017-05-12 12:13 | Report Abuse

Looking good

Posted by David Ho > 2017-05-12 12:14 | Report Abuse

Target 1.80 soonest.

Posted by Chew Chew > 2017-05-12 12:24 | Report Abuse

Know 1.73

Posted by resilient911 > 2017-05-12 12:34 | Report Abuse

consistent and persistent without resistance!

Posted by Chan SauWei > 2017-05-12 13:05 | Report Abuse

Popcorn time...

Posted by wesly > 2017-05-12 13:07 | Report Abuse

anyone can teach me :

what is the meaning of "number of mass quote" in excelforce trading platform.

the setting number here is 3

thank

Posted by Patrick13 > 2017-05-12 16:36 | Report Abuse

Gosh. Finally reach 1.75 which is my entry price a year ago @@

Posted by Haida123 > 2017-05-12 16:44 | Report Abuse

Good show, and congratz every shareholders! 1.79 now huhu :D

Posted by Doer > 2017-05-12 17:04 | Report Abuse

Bravo Luxchem! Congratulations every shareholder! Hope next week another higher to be achieved!

Posted by ooicy > 2017-05-12 17:25 | Report Abuse

congrats to every share holder..

Posted by Chan SauWei > 2017-05-12 17:44 | Report Abuse

Cheers all... Wish Next Week break 1.82

Posted by Patrick13 > 2017-05-12 17:49 | Report Abuse

Indeed good show today. Wishing all shareholders happy mother's day and have a good weekend :)

Posted by necro > 2017-05-12 19:51 | Report Abuse

fund is buying into this stock...TP RM2.30

Posted by Doer > 2017-05-15 10:23 | Report Abuse

walau eh...1.87

Posted by Doer > 2017-05-15 10:24 | Report Abuse

can buy lorry of popcorn dy... hahaha

Posted by Chan SauWei > 2017-05-15 12:46 | Report Abuse

Wish closing above 1.83..

Posted by Invest1188 > 2017-05-15 13:00 | Report Abuse

Better sell, will drop back

Posted by Doer > 2017-05-15 16:29 | Report Abuse

hope it breaks higher, as Luxchem indeed a well managed company. I love Luxchem

Posted by Patrick13 > 2017-05-15 16:54 | Report Abuse

Yes, this is good FA counter indeed. I made a mistake previously as I calculate historical PE. By right I should calculate forward PE. With latest EPS 4.94 x 4 quarters x 10 PE, the fair value should be at least 1.98 now.

Posted by Patrick13 > 2017-05-15 21:00 | Report Abuse

Yes agree. 四大天王 all is Luxchem customers, so no worries about their customer base.

Posted by Invest1188 > 2017-05-16 21:27 | Report Abuse

Told u all, the price will come down

Posted by Chan SauWei > 2017-05-16 22:30 | Report Abuse

Ya...invest1188..u r right and damn chun..
But I still hold it.... Haha

Posted by tecpower > 2017-05-16 23:25 | Report Abuse

https://investingcaffeine.com/2014/12/01/why-buy-at-record-highs-ask-the-fat-turkey/

Posted by anonboy > 2017-05-16 23:31 | Report Abuse

Its P/E is very low.

Posted by Invest1188 > 2017-05-16 23:38 | Report Abuse

This company PE is always low , 10 or below historically, so the price now is no more fair

Posted by anonboy > 2017-05-16 23:41 | Report Abuse

http://skyisthelimitskyisthelimit.blogspot.sg/2017/05/next-growth-engines-of-luxchem-part-2.html

Posted by Doer > 2017-05-19 13:44 | Report Abuse

expect higher to be achieved as company is. doing expansion especially for production capacity ... collect for long term...

Posted by Albukhary > 2017-05-19 13:47 | Report Abuse

Quenstion: If crude oil price keep increase, would it be a bad news for luxchem? Does crude oil price affect its raw material cost?