Posted by guoyen > 2015-10-26 17:41 | Report Abuse

I joined the party too..大家关照关照

Posted by ladyluck > 2015-10-30 17:18 | Report Abuse

Fu yoh...this luxchem really geng oh...i wanna join this boat again...am back..

Posted by Ivan89 > 2015-10-30 17:51 | Report Abuse

Result is out!!!

Posted by bboycs > 2015-10-30 17:57 | Report Abuse

business expansion to vietnam in latest announcement ?

Posted by enning22 > 2015-10-31 00:54 | Report Abuse

Pursuant to Paragraph 9.19(23) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of Luxchem wishes to announce that the Company had on 10 October 2015 obtained an Investment Certificate dated 8 October 2015 for the establishment of a limited liability enterprise known as Luxchem Vietnam Company Limited (“LVCL”). LVCL is in the midst of applying the Business Licence with the Vietnamese Authority in order for LVCL to commence its business.

The principal activity of LVCL is distribution of industrial chemical. The charter capital of LVCL is VND10,692,500 equivalent to USD500,000. The Company is required to inject the fund of USD500,000 into LVCL within 90 days from the date of business registration.

The incorporation of LVCL is not expected to have any material effect on the earnings or net assets of Luxchem Group for the financial year ending 31 December 2015.

Save for Mr Tang Ying See, who is nominated by Luxchem to act as Director for LVCL, none of the Directors and/or major shareholders of Luxchem or persons connected to them have any direct or indirect interest in the said incorporation.

This announcement is dated 30 October 2015.

Posted by bullmoney > 2015-10-31 15:03 | Report Abuse

5 sen eps latest q. full year 20 sen.

10x pe = rm2
15x pe = rm3... burst on monday...... bull run

Posted by tonylim > 2015-10-31 16:08 | Report Abuse

. Revenue ('000) Profit Attb. to SH ('000) NPM (%) EPS (Cent) PE DPS (Cent) DY NAPS ROE (%)
TTM 649,865 30,746 5.00 11.76 13.44 5.00 3.16 0.6800 17.29

Posted by tonylim > 2015-10-31 16:09 | Report Abuse

Ttm pe is 11.76

Posted by alphajack > 2015-11-01 21:40 | Report Abuse

2 ringgit for 10x PE is reasonable

30% upside

Posted by luckycharm > 2015-11-02 10:34 | Report Abuse

this luxchem....bull is on power mode,rm 2 above no doubt :)

Posted by ladyluck > 2015-11-02 11:57 | Report Abuse

lagi sikit miss this boat..2 ringgit is coming...

Posted by kcfan > 2015-11-02 18:45 | Report Abuse

Good !

Posted by ikenduit > 2015-11-04 09:58 | Report Abuse

Glove industry buying a lot from them. Raw material cost now cheaper with the oil price slump. Nett profit had increased substantially. Potential company i suppose.

Posted by SP0094701 > 2015-11-04 20:08 | Report Abuse

The bull cannot run yet ....fasterlah

Posted by SP0094701 > 2015-11-05 14:09 | Report Abuse

Haizzzz drop ... power bull no come

Posted by luckycharm > 2015-11-05 16:57 | Report Abuse

nvmlah this bull always terbalik 1...ppl bull he bear...ppl bear he bull hehehe

Posted by bullmoney > 2015-11-06 08:28 | Report Abuse

Glove counters profit rise due to rising demand. Glove chemicals in demand

Posted by ladyluck > 2015-11-09 10:04 | Report Abuse

Bulls again today...comeon baby break rm 1.70

Posted by bullmoney > 2015-11-09 21:08 | Report Abuse

shall be above rm2 soon... 30 bids away only

Posted by lkwah86 > 2015-11-13 15:19 | Report Abuse

1.81 now ^^

Posted by bullmoney > 2015-11-13 15:27 | Report Abuse

now 1.78.. 22 bids away

Posted by guoyen > 2015-11-13 15:52 | Report Abuse

y luxchem so sudden..haha

Posted by ladyluck > 2015-11-13 17:39 | Report Abuse

Haha ..early morning datang period...suddenly stop liao wo...wooohoo..gettin hot hot oh..

Posted by ccs999 > 2015-11-16 07:02 | Report Abuse

lai lai lai, last year Dec got bonus issue, pray for the same thing this year, huat ar...

Posted by luckycharm > 2015-11-16 11:52 | Report Abuse

always give me suprise...^_^

Posted by TylerTan > 2015-11-16 15:18 | Report Abuse

Bila mau gerak gerak gerak khas

Posted by enning22 > 2015-11-19 11:07 | Report Abuse

medium term investment lah,no regret , not quickie stuff

Posted by Xu Yu Fu > 2015-11-24 10:31 | Report Abuse

ESOS, that's why the price drop.

Posted by Traderi3 > 2015-11-24 12:03 | Report Abuse

Collected 1.68

Posted by guoyen > 2015-11-25 10:45 | Report Abuse

Y drop!!!

Posted by bleuerouge > 2015-11-25 14:50 | Report Abuse

Q 1.60

Posted by bearbear11 > 2015-12-12 16:45 | Report Abuse

Lower crude price will improve Luxchem profit.
Cheers !!!

Posted by RosmahMansur > 2015-12-23 15:20 | Report Abuse

Time to wake up....luxchem will benefit from lower crude palm oil prices in 2016

Posted by tkhe1313 > 2015-12-23 18:28 | Report Abuse

Nice.. more to go!

Posted by Lulu La > 2015-12-24 16:55 | Report Abuse

Yalo..it is the time..i hv been waiting so long

Posted by kjk85 > 2015-12-29 16:30 | Report Abuse

Coldeye is one of major shareholders for this counter

Posted by kjk85 > 2016-01-05 16:01 | Report Abuse

quarterly out for this month. expecting at least 5 cent for EPS

Posted by rica7894 > 2016-01-05 16:45 | Report Abuse

A brisk outlook for Luxchem.


Luxchem has a strong market reputation and established record with over 700 customers in 14 countries.

Its revenue segment can be segregated into four divisions equally divided into: (i) rubber, (ii) latex, (iii) coating, and (iv) FRP. This also means that half of the group’s revenues are derived from the rubber glove industry.

>A resilient play for its defensive earnings.
Nearly half of its earnings are derived from the defensive rubber glove industry, based on rubber and latex segments. As it is a one-stop centre, all the rubber glove makers are customers of LUXCHEM, which is able to supply a full range of additives and chemicals.

>Defensive play.
The company is generous with dividends.Given its steady earnings growth coupled with above average yield of 4%-5%. The dividend yield is based on 50% payout, which is in line with the company’s unofficial dividend payout policy.

Financially, the company has a strong balance sheet. In 3QFY15, LUXCHEM has a healthy set of balance sheet with RM106.75m cash or RM51.98m net cash.

Posted by rica7894 > 2016-01-05 17:38 | Report Abuse

Luxchem : Leader in supplying nitrile and related chemical additives for glove producers.

The emerging trend in the industry is favourable to Luxchem Corp Bhd, which supplies nitrile (synthetic latex) to glove producers, such as Hartalega Holdings Bhd, Top Glove, Supermax, and Kossan Rubber Industries Bhd.

Glovemakers are on investors’ radar but not Luxchem.

According to its customers, Topglove, Supermax, and Kossan are dedicating more of their production lines to nitrile gloves.

>Topglove

Topglove is increasing its product mix from purely a latex-based gloves producer into the higher margin nitrile gloves.
In its latest quarter report,Top Glove continues to increase its nitrile segment contribution, which grew by 8% pts from 24% in 1QFY15 to 32% in 1QFY16.


>Supermax

In its latest quarter report,Supermax operating margins helped by stronger USD and better sales mix (i.e. increased sales of higher margin nitrile products).
Growth going forward is expected to be driven by two new plants.
The building structures for Plant #10 and Plant #11 i.e. Lot 6059 and 6058 in Meru, Klang are up and the first batch of lines has been commissioned. Lot 6059 and 6058 will have 24 and 16 production lines producing 3.2b and 2.2b pieces of nitrile gloves p.a., respectively, bringing the total nitrile production capacity from 6.9b (including the 1.4bn in Lot 6070) to 12.3b pieces p.a. or 52% of the total installed capacity.

>Kossan

In its latest quarter report,to fulfill strong demand for nitrile gloves, Kossan plans to double its current 22.5bn pcs capacity by 2021. The expansion plan will be executed in 5 phases from end-2015 onwards.
The group will continue to focus on light weight nitrile gloves and aim to achieve a product mix of 80:20 - nitrile (SR) and natural rubber latex (NR) in FY16 respectively (YTD - 68:32 SR vs. NR).



>Hartalega, leader in nitrile glove market.

In its latest quarter report,Hartalega expect its earnings to jump upon the gradual ramp up of the Next Generation Integrated Glove Manufacturing Complex (NGC) (known as Plant 7). Presently, NGC has commissioned 17 lines. Upon full commissioning, the first two plants will add c.8b pieces (+56%) new capacity by 1Q16.

Posted by 黄英銨 > 2016-01-05 18:48 | Report Abuse

May I know when is the next report come out?

Posted by buddyinvest > 2016-01-05 18:51 | Report Abuse

Thanks rica7894

Posted by rosmahmansur > 2016-01-06 07:12 | Report Abuse

2nd wave arrived...

Posted by kjk85 > 2016-01-06 08:29 | Report Abuse

report should be out this month

Posted by hoochong1973 > 2016-01-06 18:42 | Report Abuse

No. The report would be out on 19/2/2016. Tq

Posted by hoochong1973 > 2016-01-06 18:57 | Report Abuse

By Romous saying that and, the LUXCHEM are in progress to buy/take over an very good and high profit potential ABC chemical industry company in Manjung/Perak and announcement would make within 2 more week or less than due to interest. If you interest to buy this share, please collect it before to late and up like a rocket if success by both agreement.

This ABC chemical company are basically supply all chemical to most of the major glove industries in the Malaysia.

This information for your guide and based from my analysis. Any loss/risk, take your own self & responsible.

Last week 30/12/2015, Price = 1.65
Today updated 6/1/2016, Price = 1.75, Volume would keep increasing.

Please refer to BSKL volume record.

Finally, Wishing You Gong Xi Fa Cai & Big Big Ang Pau Lai Lai

Tq

Posted by BFMTechnology > 2016-01-06 21:54 | Report Abuse

Hello Rica, may I know where you get the information from? Especially half of the earnings of Luxchem is from glove makers? Is it from their annual report?

Posted by alphajack > 2016-01-06 22:07 | Report Abuse

interesting, still waiting for 2 bucks

Posted by Chin Leong > 2016-01-07 01:01 | Report Abuse

rica how u know luxchem customers is topglove supermx..?? where the information u get from?

Posted by winnicenice > 2016-01-07 11:57 | Report Abuse

just look at Luxchem profits ........good enough for you to know..

Posted by benson911 > 2016-01-07 16:12 | Report Abuse

The low price of crude oil will improve the profit margin.
Luxchem is also an export stock.