Day 69 Fundamental Daily, YAPSS will be covering Luxchem Corporation Berhad's fundamental via a short animated video. It is solely based on my opinion and I hope it helps :) #YAPSS #FundamentalDaily #LuxchemCorporationBerhad
Benefit in two form 1. Strengthen of USD due to trade war export oriented company 2. Increase in selling of resin, arising from high demand of unsaturated polyester resin from latex glove industries
I told it breaks 0.5...in facts yes touching 0.495. Long term price shall be below 0.5. When ppls all the way buy from 0.9-0.7...I watching it with popcorn....below 0.500 only I have interest in this counter. Thanks, I didn’t predict, I am seeing trend.
May I know why the esos price is only rm0.24? How come this can happen? The market share is rm0.505 now, they easily make money like that, can report this to bursa? This is really unfair to us, like Chen moi kew, she disposed 2595000 units on 13/6, after that esos on 28/6 4590000 units at the price 0.24, this is sucking our blood, can anyone explain? Or we can sue to bursa there?
esos intends to reward employees who contribute to the company. It appears unfair coz they got it a much lower price but i doubt you can do anything about it. Alternatively you can shun this counter & find other potential ones
"Posted by TP_yes_SL_no > Jul 15, 2019 7:28 PM | Report Abuse esos intends to reward employees who contribute to the company. It appears unfair coz they got it a much lower price but i doubt you can do anything about it. Alternatively you can shun this counter & find other potential ones"
What they contribute? We cannot see any significant improvement neither in business nor share price.
The company make a wrong move of ESOS at downtrend market. It is difficult to bring up the stock price if their own people selling off their shares and pressing down the price.
Others Operation income was increase but why Others operation expenses increase so much
Not disclosed haha..Can't know about that..But smtg worth to be mentioned is the rev increased in sri lanka ,Indonesia and Thai.Good sales team..Hopefully coming quarter local sales restored and reach higher profit gain.
Reading its quarterly report is a waste of time...full of figures that make you vomit without proper explanation. I guess the management don't even bother to explain to its shareholder. Performance review is so general that almost looks like cut and paste.
@Lyo82 why said so? It is very great result despite the current market situation... Luxchem really has very good management. be positive bro. Going to be Luxchem's turn to fly
@tanflash1314 Hi, I wont say they are great, but yes they are resilient amid the current challenging market environment, not to mention the super annoying ESOS which is finally over.
I have no question about the performance of their management team... but personally I have kind of feeling that they are not being friendly to the shareholders, especially retail like us.
May I know how many of you enjoy reading its quarterly report?
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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....
WiseVictor
148 posts
Posted by WiseVictor > 2019-05-03 15:19 | Report Abuse
Buy all the way down from 0.57 to 0.505 since last year. Finally this undervalue stock show its value =)