Choong Wah Kean @calvintaneng, hope your information is accurate and true as i have dump almost all my savings into this counter few weeks ago. 23/10/2020 10:46 AM
stockpip @calvintaneng, your words carry lots of weight in i3. Me too has put all my savings on Luxchem based on your recommendation. Don't fail us. 23/10/2020 10:49 AM
Do ur own due diligence No one should b blamed Trade at own risk
According to what the boss of Topglove said, the cost of nitrile chemical is quite stable, cost increased by 5-8% only. I don't know where someone get the information that ASP of chemical increased by 100%. The QR will be out soon, no need to guess and spam unnecessarily.
I think calvin right on ASP.. This is merely on supply vs demand.. Luxchem boss will not so stupid with just 5-8% hike on price
Luckup According to what the boss of Topglove said, the cost of nitrile chemical is quite stable, cost increased by 5-8% only. I don't know where someone get the information that ASP of chemical increased by 100%. The QR will be out soon, no need to guess and spam unnecessarily. 23/10/2020 1:45 PM
Transform Master Sdn Bhd, which is engaged in latex and nitrile processing and compounding, completed its capacity expansion by one-third from 1,500 tonnes a month to 2,000 tonnes in June 2020. "At present, it operates at about 75% capacity. Luxchem guided for higher orders to come in 2HFY20 or early FY21 in tandem with the commissioning of new capacity of several glove players.
Should be able to deliver higher profits given additional capacity came in for Q3 and expected higher utilisation rate.
Like I said the last two days. From huge profit to breakeven to small loss and now bigger loss. Maybe next week get huge loss.There is this saying,"Never make your profit turn into a loss". I just broke that law because of hope.
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
Introducing MY's First IPO Fund for Sophisticated Investors!
MQ Chat
New Update. Discover investment communities that resonate with your ideas
MQ Trader
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
0:17
New IPO: Building management systems (BMS), solar thermal systems and energy-saving services provider, Solar District Cooling Bhd aims to list on the Ace Market!
MQ Trader 276 views | 1 d ago
0:17
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 11439 views | 10 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
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....
Woodswater
3,780 posts
Posted by Woodswater > 2020-10-21 11:26 | Report Abuse
The best strategy now is buy on weakness
Wakakakaka