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

duitKWSPkita

26,756 posts

Posted by duitKWSPkita > 2020-05-14 21:35 | Report Abuse

wao..probability sifu is here..

What is Luxchem??? the mandi sabun Lux very wangi one?

probability

14,481 posts

Posted by probability > 2020-05-14 21:38 | Report Abuse

Luxury chemicals for condom, latex sex toys (all european ladies only use this during lockdown), and most importantly....

gloves to punch covid-19!



Posted by duitKWSPkita > May 14, 2020 9:35 PM | Report Abuse

wao..probability sifu is here..

What is Luxchem??? the mandi sabun Lux very wangi one?

duitKWSPkita

26,756 posts

Posted by duitKWSPkita > 2020-05-14 21:43 | Report Abuse

wao..macam mesti support condom

Posted by probability > May 14, 2020 9:38 PM | Report Abuse

Luxury chemicals for condom, latex sex toys (all european ladies only use this during lockdown), and most importantly....

gloves to punch covid-19!

char1234

5,299 posts

Posted by char1234 > 2020-05-14 22:33 | Report Abuse

likely to move to red ...

Jeju88

425 posts

Posted by Jeju88 > 2020-05-15 09:58 | Report Abuse

Good start... Slowly & Steadily. Real investors are buying in.

Frank Tan

533 posts

Posted by Frank Tan > 2020-05-15 10:51 | Report Abuse

TP 0.56..Now 0.70 over liao runnnnn

BERKSHIRE

793 posts

Posted by BERKSHIRE > 2020-05-15 11:04 | Report Abuse

Run what, with Covid19 the company worth at least DOUBLE from current price at 0.7. Market will realise its value soon.

gemfinder

6,880 posts

Posted by gemfinder > 2020-05-15 12:42 |

Post removed.Why?

Posted by StarLightMe > 2020-05-15 13:10 | Report Abuse

i took profit dy....see you at 0.62

Posted by babyinvestor > 2020-05-15 16:52 | Report Abuse

Gone case? I entered at peak

CAF-POW

202 posts

Posted by CAF-POW > 2020-05-15 16:58 | Report Abuse

Have to wait for result to know for sure.. AMInvest giving rather low TP ......this may spook retail investors ....

probability

14,481 posts

Posted by probability > 2020-05-15 17:12 | Report Abuse

Upgrade PE by 1 and claim supply interuptions
Like that gloves stock also got supply interuption from Luxchem? And they also have less gloves demand from manufacturers due to covid shutdown?
Thought PE is fwd looking and resin/other chemical industry are recovering and benefitting from low raw mat cost from oil price decline

Eddiesan

133 posts

Posted by Eddiesan > 2020-05-15 17:20 | Report Abuse

Guys who enter high dont worries . This pandemic is not end tomorrow . The gloves demand is on the high side . Be patient . If drop lower try to average down . Tp 1 stil on .

BERKSHIRE

793 posts

Posted by BERKSHIRE > 2020-05-15 20:39 | Report Abuse

Just market haven’t realised this gem, sometimes market is irrational, hold tight. 1 good example is that Gloves maker stocks was being thrown to lower price in Mar due to global stock market slump although everyone know gloves demand will definitely increase.

char1234

5,299 posts

Posted by char1234 > 2020-05-15 21:56 | Report Abuse

sharks are eating .....dead for now

Atlan

168 posts

Posted by Atlan > 2020-05-16 00:21 | Report Abuse

TP set by IB cannot be relied on. It is the market forces.

Gemini

321 posts

Posted by Gemini > 2020-05-16 04:12 | Report Abuse

When the IB is collecting they will set low TP frighten retailers.

probability

14,481 posts

Posted by probability > 2020-05-16 13:17 | Report Abuse

if gloves avg selling price can rise by 15% to 20%, cant the chemical used in small quantities rise by 10%?

the chemicals are like spices used in small quantity for the bulk beef rendang (gloves) they make..

even 20% rise in chemicals price wont affect glove manufacturers cost...but it matters a lot for Luxchem

just work out the bottom line implication with such margin rise and see with 30% higher sales volume

probability

14,481 posts

Posted by probability > 2020-05-16 15:02 | Report Abuse

The demand for gloves will rise by 50%

Nanyang Sat, May 16, 2020

https://www.klsescreener.com/v2/news/view/677697

fattycat

689 posts

Posted by fattycat > 2020-05-16 18:25 | Report Abuse

I bought back luxchem yesterday. Waiting for Q result .

Ravi Kumar

3,621 posts

Posted by Ravi Kumar > 2020-05-16 20:23 | Report Abuse

They aren't the only supplier in the market. That is why their margins are sooooo very thin.


probability if gloves avg selling price can rise by 15% to 20%, cant the chemical used in small quantities rise by 10%?

the chemicals are like spices used in small quantity for the bulk beef rendang (gloves) they make..

even 20% rise in chemicals price wont affect glove manufacturers cost...but it matters a lot for Luxchem

just work out the bottom line implication with such margin rise and see with 30% higher sales volume
16/05/2020 1:17 PM

Gemini

321 posts

Posted by Gemini > 2020-05-17 01:33 | Report Abuse

Follow the trend and rest is noise......

Eddiesan

133 posts

Posted by Eddiesan > 2020-05-17 23:16 | Report Abuse

If this counter fly not gonna lower than 1.10 . Patiently hold ..

susan1964

22 posts

Posted by susan1964 > 2020-05-18 09:01 | Report Abuse

Buy now. The show will starts for luxchem

Posted by Emeraldgreen > 2020-05-18 09:51 | Report Abuse

samchem and luxchem price use to be inline...why now both goes different way??

Posted by Emeraldgreen > 2020-05-18 09:53 | Report Abuse

moving d

fattycat

689 posts

Posted by fattycat > 2020-05-18 10:01 | Report Abuse

Buy buy buy

Posted by Dato Seri John Lu > 2020-05-18 10:01 | Report Abuse

Aminvest anal lick sis are such an idiot

CAF-POW

202 posts

Posted by CAF-POW > 2020-05-18 10:39 | Report Abuse

Need to keep an openmind, maybe Aminvest analysis is factually correct? We can only know once the QR is out and measure it against Aminvest report .....

Gemini

321 posts

Posted by Gemini > 2020-05-18 12:11 | Report Abuse

Watch afternoon.

Posted by tanflash1314 > 2020-05-18 15:17 | Report Abuse

Afternoon guys, do you know why the qr results so late to come out? Must be something brewing

Posted by babyinvestor > 2020-05-18 15:40 | Report Abuse

Should cut loss?

susan1964

22 posts

Posted by susan1964 > 2020-05-18 16:12 | Report Abuse

Good news ???

Posted by tanflash1314 > 2020-05-19 02:17 | Report Abuse

Have buy another 500 lot@0.66

Posted by tanflash1314 > 2020-05-19 02:18 | Report Abuse

Qr out and earn another 500 lot.

ttgipoh

262 posts

Posted by ttgipoh > 2020-05-19 06:28 | Report Abuse

cut loss

KSLI

630 posts

Posted by KSLI > 2020-05-19 08:18 | Report Abuse

good entry point. i buy this today

ttluck

769 posts

Posted by ttluck > 2020-05-19 09:58 | Report Abuse

yum yum...

Post2U

107 posts

Posted by Post2U > 2020-05-19 11:17 | Report Abuse

Buy n pickup. No contra sudah hari ke4 red. Maybe ada rebound

Leoleo

5,508 posts

Posted by Leoleo > 2020-05-19 12:20 | Report Abuse

63 still can ?

Leoleo

5,508 posts

Posted by Leoleo > 2020-05-19 12:21 | Report Abuse

dicky me sula sold all luxchem ah ? aiyoooo manyay untung lor

Posted by tanflash1314 > 2020-05-19 12:40 | Report Abuse

it downs with negligible volume. Once qr good results. It is gonna fly high.

Eddiesan

133 posts

Posted by Eddiesan > 2020-05-19 13:30 | Report Abuse

Top up when its low . Not gonna drop lower . Accumulating more at .63

shernlee

380 posts

Posted by shernlee > 2020-05-19 13:31 | Report Abuse

a sharp downturn in the global economy due to the pandemic (coupled with the cutbacks in infrastructure spending locally) will hurt demand for chemicals from customers in other sectors such as construction, automobile and the electrical industry.

hng33

20,157 posts

Posted by hng33 > 2020-05-19 14:30 | Report Abuse

bought luxchem at 63.5sen

Posted by baekhyunnie > 2020-05-19 16:56 | Report Abuse

Just wait

Ikigai

172 posts

Posted by Ikigai > 2020-05-19 17:16 | Report Abuse

patiently wait

mamatede

3,950 posts

Posted by mamatede > 2020-05-19 20:13 | Report Abuse

pancit oh pancit, will 0.6 hold?

calvintaneng

56,156 posts

Posted by calvintaneng > 2020-05-19 21:07 | Report Abuse

SELL DOWN IN GLOVES PRESENT A GREAT BUYING OPPORTUNITY NOW: TOP PICK ES_CERAMIC, Calvin Tan Research

https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2020-05-19-story-h1507743554-SELL_DOWN_IN_GLOVES_PRESENT_A_GREAT_BUYING_OPPORTUNITY_NOW_TOP_PICK_ES_.jsp

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