Q2FY17 EPS is 3.12 sen, lower than last year Q2 of 4.86 sen or Q1FY17 of 4.94 sen. Even revenue continue grows, but can see that GP margin been compressed.
The Board of Directors of the Company is pleased to announce an interim dividend of 2.5 sen per share under the single tier system for the financial year ending 31 December 2017, to be paid on 29 Spetember 2017 to the shareholders of LCB whose names appear in the Register of Depositors of LCB on 1 September 2017.
On behalf of the Board of Directors of Luxchem, Mercury Securities Sdn Bhd wishes to announce that the Company proposes to undertake a proposed share split involving the subdivision of every 1 existing ordinary share in Luxchem (“Share”) into 3 Shares (“Proposed Share Split”).
Further details on the Proposed Share Split are set out in the attachment below.
profit down a lot, now wanna tipu retailers give split into 3. just like century 2 years ago at 2.50 split and bonus then drop to 53cts only before recover. luxchem after split can drop to 60cts....beware
I saw it's market share probably increase from its revenue. profit down is due to competition. Nowadays with such result consider nice. let those throw their ticket out. hahaha...
hahaha revenue up profit drop mean no more high margin for luxchem, Eternal Materials (Malaysia) Sdn Bhd Plant this year end baru siap, let's see how luchem overcome this big company
high PE, reasonable would be PE 10, so reasonable price should be 1.7~1.8 overbought now, you see all the fund keep pushing higher target price then you will know they are all selling behind .. better run as i said sure drop until 1.7~1.8 [before split price]
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
enning22
2,898 posts
Posted by enning22 > 2017-06-29 09:19 | Report Abuse
stronge upsurge pattern of stock price, tell us we are at right path after all.