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

Hunkyman

207 posts

Posted by Hunkyman > 2020-06-05 23:11 | Report Abuse

Cognac coming soon

ooi8888

1,650 posts

Posted by ooi8888 > 2020-06-06 09:46 | Report Abuse

yum seng brother, hahaha...

Hunkyman

207 posts

Posted by Hunkyman > 2020-06-06 15:47 | Report Abuse

Plus dividend too

calvintaneng

56,156 posts

Posted by calvintaneng > 2020-06-06 15:51 | Report Abuse

Just received my Rm3,000 Luxchem dividend cheque

Still keeping some Luxchem bought at 45 sen (now all free)

Going into Nylex for Ethanol & Scomies (7045) for O&G now!

ooi8888

1,650 posts

Posted by ooi8888 > 2020-06-06 20:46 | Report Abuse

Hunkyman: Plus dividend too
_______________________

How many percent is the dividend, bro? I think I bought last friday, not entitled for the dividend already.

Luckup

41 posts

Posted by Luckup > 2020-06-07 10:47 | Report Abuse

calvintaneng cepat jual. Epf ada byk share ini ,harga epf beli lebih 60sen.

sharonchok

261 posts

Posted by sharonchok > 2020-06-08 08:04 | Report Abuse

Did MCO affect the QR ?

ooi8888

1,650 posts

Posted by ooi8888 > 2020-06-09 09:58 | Report Abuse

nobody at home, so quiet?

Jeju88

425 posts

Posted by Jeju88 > 2020-06-09 14:01 | Report Abuse

Coming next round run up soon.

ooi8888

1,650 posts

Posted by ooi8888 > 2020-06-09 14:29 | Report Abuse

what is the target?

paperplane

21,637 posts

Posted by paperplane > 2020-06-09 14:30 | Report Abuse

sky is limit, wakaka

amateurJR

2,366 posts

Posted by amateurJR > 2020-06-09 14:36 | Report Abuse

Lol! Paperplane, I thought u are busy in Carepls forum.

Seven77

185 posts

Posted by Seven77 > 2020-06-10 15:37 | Report Abuse

hold will rebound soon.

yung930

62 posts

Posted by yung930 > 2020-06-10 18:36 | Report Abuse

when green noisy, when red diam diam...

Gaussian

3,048 posts

Posted by Gaussian > 2020-06-10 20:14 | Report Abuse

Tomorrow up up up

Posted by tanflash1314 > 2020-06-10 20:15 | Report Abuse

Sure is like tat yung930

Posted by tanflash1314 > 2020-06-10 20:15 | Report Abuse

Bt still holding still as usual.

calvintaneng

56,156 posts

Posted by calvintaneng > 2020-06-11 10:36 | Report Abuse

Attention

Calling all Calvin's whataspp friends

Luxchem was recommended at 47 sen

Now can take profit

After taking profit can switch to Texchem

Texchem will be another Luxchem

So sell Luxchem into strength

Buy Texchem will still cheap

Final decision is yours

Regards
Calvin

Coming up next post

Texchem versus Luxchem

Compare and contrast their assets and potential

Jeju88

425 posts

Posted by Jeju88 > 2020-06-11 10:56 | Report Abuse

Everyone is quiet n charging their batteries, ready to charge upward soon.

ooi8888

1,650 posts

Posted by ooi8888 > 2020-06-11 12:34 | Report Abuse

going down and down...

Posted by tanflash1314 > 2020-06-11 13:16 | Report Abuse

I am now feeling CalvinTeng is so alibaba guy.

newbie9893

2,178 posts

Posted by newbie9893 > 2020-06-11 13:54 | Report Abuse

Gentle reminder ,sell & run run run

newbie9893

2,178 posts

Posted by newbie9893 > 2020-06-11 13:54 | Report Abuse

Gentle reminder ,sell & run run run

Posted by tanflash1314 > 2020-06-11 14:04 | Report Abuse

Topglove is one of the main customer. Imagine Luxchem qr results

Posted by growth_investor > 2020-06-11 14:23 | Report Abuse

@tanflash1314 where can see who is their customer ??

sharonchok

261 posts

Posted by sharonchok > 2020-06-11 15:22 | Report Abuse

luxchem supplies latex which is the main ingredient of making gloves

amateurJR

2,366 posts

Posted by amateurJR > 2020-06-11 16:02 | Report Abuse

Lol this time is texchem by calvin! How many chemical companies promoted by him.

ooi8888

1,650 posts

Posted by ooi8888 > 2020-06-12 10:22 | Report Abuse

luxchem not moving yet?

Maxigain

386 posts

Posted by Maxigain > 2020-06-12 13:10 | Report Abuse

Going to move south...its non covid related but up so much, all trapped. Samchem is the one u should look into for chemical stock. Samchem is the supply chain for PPE, they were not affected by the lockdown while other supply chain were affacted. Samchem PE below 9. Read their AR, they supply to PPE makers ie gloves, sanitizers etc

amateurJR

2,366 posts

Posted by amateurJR > 2020-06-12 13:17 | Report Abuse

Luckily din buy yesterday. Nearly buy before closing. But the company fundamental is not bad but its growth prospect is limited. Anyway it might rise by taking nylex & lctitan as example.

Posted by tanflash1314 > 2020-06-12 13:26 | Report Abuse

Qr results out, acceptable. Nice cash flow.

Posted by tanflash1314 > 2020-06-12 13:27 | Report Abuse

Dint expect much movement today afternoon.

Posted by tradingedge > 2020-06-12 13:28 | Report Abuse

Classic example of Pump and Dump. Same as it was in 2014/2017 and now 2020.

ooi8888

1,650 posts

Posted by ooi8888 > 2020-06-12 13:36 | Report Abuse

like this sei loh...go to holland liao

Maxigain

386 posts

Posted by Maxigain > 2020-06-12 13:40 | Report Abuse

Below is the stmt extracted from Samchem AR2019

Since the onset of the COVID-19 outbreak, major ASEAN nations have
seen their supply chains disrupted and all experienced economic
slowdowns, especially with the imposed lockdowns. However,
Samchem companies are in the supply chain (as chemical raw
material distributor) to Essential Goods Manufacturers (such as hand
sanitisers, disinfectants, personal and household care, gloves, some
personal protective equipment, as well as the printing and packaging
associated with all these products) and were able to meet the demand
from these manufacturers in spite of the lockdowns. The Group’s
diversified chemical distribution business allows the company to
minimize the impact of downturns in the economy.

Posted by tanflash1314 > 2020-06-12 13:42 | Report Abuse

Haha. The share price & volume recently not enough for to dump. They probably need to pump it further to RM1.2+

Maxigain

386 posts

Posted by Maxigain > 2020-06-12 13:42 | Report Abuse

samchem PE 8 vs luxchem PE18

calvintaneng

56,156 posts

Posted by calvintaneng > 2020-06-12 13:49 | Report Abuse

Luxchem result not bad

Revenue down but Profit maintain

2 reasons:

Better selling prices or lower cost of materials

amateurJR

2,366 posts

Posted by amateurJR > 2020-06-12 13:51 | Report Abuse

Pros & cons if you compare samchem to luxchem. Samchem growth prospect is better but its company possesses high gearing.

amateurJR

2,366 posts

Posted by amateurJR > 2020-06-12 13:52 | Report Abuse

Anyway still holding samchem at very very low price.

Posted by Lukesharewalker > 2020-06-12 13:58 | Report Abuse

Did not improve based on Q on Q. Will it improve next quarter?

ckh823

187 posts

Posted by ckh823 > 2020-06-12 14:01 | Report Abuse

Obviously management didn't intend to push the share price. Just run. Before too late

Posted by tanflash1314 > 2020-06-12 14:30 | Report Abuse

Fundamental wise. Samchem hw to compete with Luxchem.

Posted by tanflash1314 > 2020-06-12 14:31 | Report Abuse

My point of view is that during whole MCO their results can still maintain well is ald a bonus. The share price will continue to hike up anyway.

ckh823

187 posts

Posted by ckh823 > 2020-06-12 14:39 | Report Abuse

Good luck to you lo. Buy if you trust the Company. To me, there must have a reason to hike up. Glove demand seem not really big impact. How to push the price in future? And this stock now is over price. Why chase an over price stock at this moment? Better keep cash

Posted by Lukesharewalker > 2020-06-12 16:20 | Report Abuse

Maybe the 5 million capex has to be noted, if not the profit would be 14 million

Ron90

4,083 posts

Posted by Ron90 > 2020-06-12 16:30 | Report Abuse

so so qr..but 2 things i observed..their assets and cash increase quite a lot.

Posted by longinvest > 2020-06-12 16:40 | Report Abuse

manufacturing profit is surging....related to latex, trading segment contract...

ckh823

187 posts

Posted by ckh823 > 2020-06-12 16:44 | Report Abuse

Continue blow la. Cash and asset alot. Good luck to you.

Posted by tanflash1314 > 2020-06-12 17:05 | Report Abuse

Definitely if u sold off at 0.8x or 0.9x is smart and u can buy back or wait it even lower.

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