LUXCHEM CORPORATION BHD

KLSE (MYR): LUXCHEM (5143)

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Last Price

0.525

Today's Change

+0.005 (0.96%)

Day's Change

0.52 - 0.53

Trading Volume

75,600


5 people like this.

4,453 comment(s). Last comment by targetinvest 1 day ago

Cmhoon

198 posts

Posted by Cmhoon > 2020-04-22 11:48 | Report Abuse

With MCO social distancing , less workers are working in factories, will affect daily output .

Cmhoon

198 posts

Posted by Cmhoon > 2020-04-22 11:51 | Report Abuse

Selling price is increase due to a 19 % surge in natural rubber latex concentrate prices .

Johnchew5

11,307 posts

Posted by Johnchew5 > 2020-04-22 11:59 |

Post removed.Why?

polycarp

1,991 posts

Posted by polycarp > 2020-04-22 12:33 | Report Abuse

Johnchiew that was before covid19.
Don't know tomorrow when u wake
up and look In the mirror you will
recognize yr good self. Johnchiew
was that you?? It's me alright

striker888

245 posts

Posted by striker888 > 2020-04-22 13:58 | Report Abuse

Breakout happening, will be happy to see 60¢

tah16600

2,646 posts

Posted by tah16600 > 2020-04-22 14:36 | Report Abuse

Sudah mari

gohkimhock

3,072 posts

Posted by gohkimhock > 2020-04-22 14:38 | Report Abuse

This is a good company. I have studied its background and financial statements. If not, i wont pick it in my stockpick competition 2020.

Anaconder

1,031 posts

Posted by Anaconder > 2020-04-22 14:39 | Report Abuse

Top up more, it is moving up

Sansing

1,028 posts

Posted by Sansing > 2020-04-22 14:43 | Report Abuse

Ya ka ?

tah16600

2,646 posts

Posted by tah16600 > 2020-04-22 14:46 | Report Abuse

Sifu Calvin recommend strong buy

Sansing

1,028 posts

Posted by Sansing > 2020-04-22 14:58 | Report Abuse

Ayoyo sudah mari, jump in 50 lot at 54sen . Do not want to miss loh !

Sansing

1,028 posts

Posted by Sansing > 2020-04-22 15:39 | Report Abuse

Ada pocket money lol!

fzank

1,537 posts

Posted by fzank > 2020-04-22 15:41 | Report Abuse

really Call-Wind kor-kor ....

Posted by StarLightMe > 2020-04-22 15:42 | Report Abuse

Strong Momentum!

striker888

245 posts

Posted by striker888 > 2020-04-22 15:45 | Report Abuse

Holy smokes, hit 60¢ liao

diongjy

4 posts

Posted by diongjy > 2020-04-22 15:47 | Report Abuse

going strong bois

Sansing

1,028 posts

Posted by Sansing > 2020-04-22 15:48 | Report Abuse

Sell all at 58.5 sen good money at right timing

paperplane

21,637 posts

Posted by paperplane > 2020-04-22 15:48 | Report Abuse

mkt down, luxchem up . hohoho

Sansing

1,028 posts

Posted by Sansing > 2020-04-22 15:53 | Report Abuse

Tq sifu Calvin

Posted by Henrykbt > 2020-04-22 15:54 | Report Abuse

Strong

diongjy

4 posts

Posted by diongjy > 2020-04-22 15:55 | Report Abuse

Let's break the resistance at 0.6, gogogo!

fzank

1,537 posts

Posted by fzank > 2020-04-22 15:57 | Report Abuse

master Call-Wind ... king of climax change ... hero during the current colona pandemic ...

fzank

1,537 posts

Posted by fzank > 2020-04-22 15:59 | Report Abuse

when you have Call-Wind kor-kor in i3 .... you need no other heroes ...

fzank

1,537 posts

Posted by fzank > 2020-04-22 16:05 | Report Abuse

♫ we don't need another Hero ... when there's no other zeroes $$$$ ... ♫

fzank

1,537 posts

Posted by fzank > 2020-04-22 16:11 | Report Abuse

if only we had a Delorean .... and go back a few days earlier and sialang kow-kow ...

PureBULL ...

2,516 posts

Posted by PureBULL ... > 2020-04-22 16:12 | Report Abuse

Dear sifu calvintaneng,
Simply fantastic stock selection on LUXCHEM at perfect Right Timing.
CONGRATS sifu...

Mesti cari money to buy some going forward .

Aiya, I don't use margin leh !

Johnchew5

11,307 posts

Posted by Johnchew5 > 2020-04-22 16:13 |

Post removed.Why?

striker888

245 posts

Posted by striker888 > 2020-04-22 16:40 | Report Abuse

Did anyone receive the dividend and when?

Hui1995

10 posts

Posted by Hui1995 > 2020-04-22 16:44 | Report Abuse

Bought in when it was RM 0.50. Should continue collect at current price? (RM 0.60++)

gohkimhock

3,072 posts

Posted by gohkimhock > 2020-04-22 16:57 | Report Abuse

Posted by striker888 > Apr 22, 2020 4:40 PM | Report Abuse
Did anyone receive the dividend and when?
____________________________________________

pls refer to the pymt date.

Financial Year 31-Dec-2019
Subject Interim Dividend
Type Dividend - Normal or Special
Description Single Tier Interim Dividend of 1.25 sen per ordinary share
Amount RM 0.0125
Ex Date 17-Apr-2020
Entitlement Date 20-Apr-2020
Payment Date 13-May-2020

KSLI

630 posts

Posted by KSLI > 2020-04-22 17:06 | Report Abuse

Well Done !!! YESSS!!! MuahahahaHAAA!!

striker888

245 posts

Posted by striker888 > 2020-04-22 17:09 | Report Abuse

Thanks kohkimhock. Congrats to all holders

Posted by StarLightMe > 2020-04-22 17:11 | Report Abuse

Lets start the engine again tomorrow~

calvintaneng

56,153 posts

Posted by calvintaneng > 2020-04-22 17:15 | Report Abuse

Posted by PureBULL ... > Apr 22, 2020 4:12 PM | Report Abuse

Dear sifu calvintaneng,
Simply fantastic stock selection on LUXCHEM at perfect Right Timing.
CONGRATS sifu...

Mesti cari money to buy some going forward .

Aiya, I don't use margin leh !


Calvin say THANK YOU VERY MUCH to sifuPUREBULL

I SAW THESE WORDS BELOW

(((GLOVES too were sold down.
Thanks GOD, GLOVES r the only UPTREND stocks.
UPTREND is your friend, we must embrace tightly every-time ...)))



Posted by PureBULL ... > Mar 17, 2020 3:43 PM | Report Abuse X

i. -ve
There r lots of fund redemption. All Fund managers have no choice but have to sell across the board, all their stocks in hand including GLOVES.
ii. +ve
After this sudden crash, DOW should be in GOOD hands.
The brightest minds in wall.street MUST do something MORE effective asap to create a meaningful REBOUND now !

GLOVES too were sold down.
Thanks GOD, GLOVES r the only UPTREND stocks.
UPTREND is your friend, we must embrace tightly every-time ...

tansoonyg

61 posts

Posted by tansoonyg > 2020-04-22 17:48 | Report Abuse

Wonderful LUXCHEM, thank you Calvin, 30 percent gain in 4 trading days.

Posted by babyinvestor > 2020-04-22 18:30 | Report Abuse

Is it too high to enter now? I’m a newbie here kindly advise

Posted by NewbieInStock > 2020-04-22 19:35 | Report Abuse

Thank you Calvin sifu! Had a rocket ride today, FANTASTIC! ^^

yonexitem

99 posts

Posted by yonexitem > 2020-04-22 19:42 | Report Abuse

Luxchem or Samchem? Samchem has lower pe

Posted by babyinvestor > 2020-04-22 19:45 | Report Abuse

Thanks for the advice but I noticed that Luxchem has been hovering around that level given its potential, any reason why not much upside despite the strong financials?

Johnchew5

11,307 posts

Posted by Johnchew5 > 2020-04-22 19:57 |

Post removed.Why?

Nepo

3,376 posts

Posted by Nepo > 2020-04-22 20:13 | Report Abuse

BECAREFUL

calvintaneng

56,153 posts

Posted by calvintaneng > 2020-04-22 20:19 | Report Abuse

Johnchew5
Ho ho RHB research TP 0.65 at 18/2/2020 .
22/04/2020 4:13 PM

Johnchew5
Calvin will be the best person to advise ?
22/04/2020 7:57 PM

RHB TP 0.65 for LUXCHEM was on 18/2/20

A check with WTI oil on Feb 28 showed Oil price was USD44.76
https://www.macrotrends.net/2516/wti-crude-oil-prices-10-year-daily-chart

That was then.

Now the price of crude is USD11.86 (8.16pm 22/4/20)
http://www.livecharts.co.uk/MarketCharts/crude.php

SO OIL IS NOW CHEAPER BY 74%

So we cannot use RHB Research now

The goal post has shifted

TARGET PRICE FOR LUXCHEM SHOULD BE IN 80 SEN TO RM1.00 RANGE NOW!

yonexitem

99 posts

Posted by yonexitem > 2020-04-22 20:51 | Report Abuse

Luxchem and Samchem doing the same business right? I'm thinking whether to buy luxchem or samchem. Any advice?

calvintaneng

56,153 posts

Posted by calvintaneng > 2020-04-22 21:09 | Report Abuse

yonexitem


answer was given to ahbah on april 18


Blog: LUXCHEM VERSUS COMFORT GLOVES, RUBBEREX, TOP GLOVE, HARTA, SUPERMAX (Compare & contrast) Calvin Tan Research

Apr 18, 2020 6:51 PM | Report Abuse

Ahbah

Samchem got a smaller exposure to glove than Luxchem

I will avoid Samchem due to its high Rm160 millions in borrowings

Luxchem has Cash of Rm120 millions

After deducting borrowings Luxchem still has a very nice cash Hoard of Rm60 millions on hand and able to continue giving consistently good dividends

Posted by babyinvestor > 2020-04-22 21:33 | Report Abuse

Thanks for the advice, I noticed that Luxchem has strong balance sheet and pays descent dividend hence should be fundamentally strong. Just wondering why this share has always been hovering at lower price earlier.

Johnchew5

11,307 posts

Posted by Johnchew5 > 2020-04-22 23:07 |

Post removed.Why?

calvintaneng

56,153 posts

Posted by calvintaneng > 2020-04-22 23:19 | Report Abuse

Johnchew5

TP 0.72 quite reasonable

JBond007

1,257 posts

Posted by JBond007 > 2020-04-23 08:16 | Report Abuse

Alamak, only got another 0.095 upside.
So fast end show?

calvintaneng

56,153 posts

Posted by calvintaneng > 2020-04-23 08:59 | Report Abuse

Good morning

How high Luxchem can go is still yet unknown

Last time I bought carimin at 39 sen and gave a target price of 80 sen during the Ogse bull run

It finally reached 80 sen and when people whataspped for advise I told them to sell and take profit

BUT carimin to my surprise went as high as Rm1. 46 when Dayang jumped to Rm2. 95

So just wait and see how glove bull run unfold in coming months

up88up

598 posts

Posted by up88up > 2020-04-23 09:06 | Report Abuse

Just like comfort and rubberex, it break RM1

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