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 17 hours ago

NicholasNWH90

1,114 posts

Posted by NicholasNWH90 > 2020-12-07 19:03 | Report Abuse

Ugly today. Not supposed to come down below 0.8.

kens88

698 posts

Posted by kens88 > 2020-12-07 22:01 | Report Abuse

i q at 0.68

husky88

698 posts

Posted by husky88 > 2020-12-07 22:39 | Report Abuse

Gg

Underhand

653 posts

Posted by Underhand > 2020-12-08 13:18 | Report Abuse

What is happening to this counter?

DickyMe

14,698 posts

Posted by DickyMe > 2020-12-08 13:20 | Report Abuse

This is uncle auntie counter

Mini Bull

797 posts

Posted by Mini Bull > 2020-12-08 15:20 | Report Abuse

testing 123

Mini Bull

797 posts

Posted by Mini Bull > 2020-12-08 15:23 | Report Abuse

creating power

Posted by ranger2410 > 2020-12-08 17:04 | Report Abuse

phoenix rise from the ashes??? careful not to get burn again to ashes

Mini Bull

797 posts

Posted by Mini Bull > 2020-12-08 17:34 | Report Abuse

no burnt no gain

NicholasNWH90

1,114 posts

Posted by NicholasNWH90 > 2020-12-08 18:48 | Report Abuse

Bullish engulfing. But still too early to conclude. Need to break above 0.85 with volume to signify a meaningful breakout.

NicholasNWH90

1,114 posts

Posted by NicholasNWH90 > 2020-12-08 18:49 | Report Abuse

Dickyme what do you think? Since you predicted a break down to 0.72 and RHB came out with a downgrade report.

DickyMe

14,698 posts

Posted by DickyMe > 2020-12-08 20:13 | Report Abuse

This counter will bounce but it has it's season.

Nancy Boon

183 posts

Posted by Nancy Boon > 2020-12-09 16:13 | Report Abuse

by the season only up when ? Vaccine out then I think further down. Didn't move for quite long like die there not moving others moving Luxchem sleeping.... stuck there no choice wait or cut lost.....? Any advise...

NicholasNWH90

1,114 posts

Posted by NicholasNWH90 > 2020-12-09 16:33 | Report Abuse

Depending on your entry price. If paper loss less than 10% then cut ba. You have no idea how long you have to wait for it to wake up.

NicholasNWH90

1,114 posts

Posted by NicholasNWH90 > 2020-12-09 18:34 | Report Abuse

One day show yesterday.

NPRA1985

3,415 posts

Posted by NPRA1985 > 2020-12-09 22:52 | Report Abuse

United Arab Emirates Claims China’s Sinopharm Vaccine Is 100% Effective At Preventing Moderate And Severe Covid-19

TOPLINE The experimental vaccine developed by China National Pharmaceutical Group, also known as Sinopharm, is 86% effective at preventing Covid-19 infection and 100% effective at preventing severe and moderate disease, health officials from the United Arab Emirates announced Wednesday, although with scarce detail provided about the trial.

The UAE health ministry cited an interim analysis of a late-stage clinical trial involving 31,000 volunteers as the source of its information, though neither they nor Sinopharm provided any data from the trial to validate the claims such as how many participants were infected or how many actually received the vaccine.

The ministry said “no serious safety concerns” were observed, though, again, no information on side effects was provided.

The ministry said the announcement is a “significant vote of confidence by the UAE’s health authorities in the safety and efficacy of this vaccine.”

The ministry added that it had officially registered the vaccine at the request of the manufacturer, which it says could eventually lead to the shot’s widespread authorization.

https://www.forbes.com/sites/roberthart/2020/12/09/united-arab-emirates-claims-chinas-sinopharm-vaccine-is-100-effective-at-preventing-moderate-and-severe-covid-19/?sh=2a60fb42595c

Nancy Boon

183 posts

Posted by Nancy Boon > 2020-12-10 10:18 | Report Abuse

thanks NicholasNWH9O. Still holding......

DickyMe

14,698 posts

Posted by DickyMe > 2020-12-11 00:53 | Report Abuse

@Nancy.

My previous wait for 4 years in this stock saw it rise from 50 sen(last purchase) among several transactions, to RM1.47 in August this year

I sold @RM1.30. Cover cost and took some profit, plus retained some shares at FREE of cost.

Now price dropped, added some more, will wait for next takeoff, while keep adding shares when fund is available.

I expect it to move in January 2021 and by February 2021 could see a good price.

NicholasNWH90

1,114 posts

Posted by NicholasNWH90 > 2020-12-11 19:53 | Report Abuse

Thanks @dickyme. Good sharing.

snake_eye

958 posts

Posted by snake_eye > 2020-12-11 23:32 | Report Abuse

so many company want to do glove business to get piece of cake..but luxchem and other existing chemical company are remained..can you imagine how their profit will grow..

snake_eye

958 posts

Posted by snake_eye > 2020-12-12 00:16 | Report Abuse

I will monitor to top up more if the uptrend signal appear...currently it will ding dong at this support area...

Mini Bull

797 posts

Posted by Mini Bull > 2020-12-12 18:54 | Report Abuse

Sure ding dong now.... Windows dressing for KLCI

NPRA1985

3,415 posts

Posted by NPRA1985 > 2020-12-13 17:57 | Report Abuse

Bahrain Approves China’s Sinopharm Covid-19 Vaccine

Bahrain approved the registration of the Sinopharm Group Co Ltd. vaccine against the coronavirus, about a week after the United Arab Emirates registered the Chinese-made vaccine.

“Results from Phase III clinical trials showed an 86% efficacy rate, a 99% seroconversion rate of neutralizing antibody and 100% effectiveness in preventing moderate and severe cases of Covid-19,” the National Health Regulatory Authority said in a statement Sunday.

Bahrain has participated in phase III clinical trials, in which more than 7,700 volunteers signed up. Bahrain had previously authorized the emergency use of the vaccine, which was provided to frontline workers in contact with coronavirus patients.

The UAE registered the Sinopharm vaccine after finding it had a 86% efficacy rate, paving the way for a full public use and allowing for a re-opening of the Gulf nation’s economy.

Egypt plans to start the process of inoculation against the coronavirus after receiving the first shipments of Sinopharm vaccine.

https://www.bloomberg.com/news/articles/2020-12-13/bahrain-approves-china-s-sinopharm-covid-19-vaccine

https://abcnews.go.com/Health/wireStory/bahrain-approves-chinese-covid-19-vaccine-74699175

NPRA1985

3,415 posts

Posted by NPRA1985 > 2020-12-13 18:26 | Report Abuse

Govt to increase Covid-19 vaccine purchase to cover 60%-70% of M'sians — PM

The government has plans to increase its purchase of the Covid-19 vaccine to cover the immunisation needs of about 60%-70% of Malaysians compared with 30% currently.

Prime Minister Tan Sri Muhyiddin Yassin said this was because some nations had purchased doses exceeding their population.

“As for Malaysia, we have already got 30%. I have instructed Health Minister Datuk Seri Dr Adham Baba along with [Science, Technology and Innovation Minister] Khairy Jamaluddin Abu Bakar to negotiate and increase it from 30% to 60% or 70%.

https://www.theedgemarkets.com/article/govt-mulls-increasing-covid19-vaccine-purchase-30-6070-meet-msians-immunisation-needs-%E2%80%94-pm

NPRA1985

3,415 posts

Posted by NPRA1985 > 2020-12-13 20:23 | Report Abuse

COVID-19 vaccine is permissible for Muslim use, preservation of life is key consideration: MUIS

SINGAPORE: The Islamic Religious Council of Singapore (MUIS) said on Sunday (Dec 13) that it "holds the position that a COVID-19 vaccine is permissible for Muslim use".

"We would advise and encourage Muslims to be vaccinated once it is available and when the vaccine has been medically authorised as safe and effective, as this is a basic necessity to protect lives in the context of a global pandemic," said MUIS.

The council made its religious position on the vaccine known in a media release.

It said that the objectives of introducing a COVID-19 vaccine and the processes involved in producing vaccines are "largely aligned to established Islamic principles and values".

Islamic jurisprudence places great importance on the sanctity and safety of human life and the protection of livelihoods, it said.

Efforts to protect human life from any form of danger and harm, such as the development of vaccines, are therefore highly encouraged in Islam, it added.

https://www.channelnewsasia.com/news/singapore/covid-19-vaccine-muis-permissible-for-muslim-use-halal-13762806

Mini Bull

797 posts

Posted by Mini Bull > 2020-12-14 11:10 | Report Abuse

Ikan bills vs whales

Posted by tanflash1314 > 2020-12-14 12:24 | Report Abuse

Bought 240,000 shares. Wait for 100% return

Mini Bull

797 posts

Posted by Mini Bull > 2020-12-14 12:33 | Report Abuse

Ha4

Mini Bull

797 posts

Posted by Mini Bull > 2020-12-14 12:36 | Report Abuse

Ding Ding ding ding stock

Mini Bull

797 posts

Posted by Mini Bull > 2020-12-14 12:37 | Report Abuse

Ding Dong stock

Posted by tanflash1314 > 2020-12-14 15:23 | Report Abuse

Bought abother 60,000 shares. Make it 300,000

Posted by tanflash1314 > 2020-12-14 15:24 | Report Abuse

Will see how.

Posted by longinvest > 2020-12-14 15:48 | Report Abuse

Luxchem Chemical supplied to Glove, automobile and Buildings/Construction...if glove maker still doing well in 2021...then the economy start to recover, automobile & construction start to pick up...then Luxchem in bright spot....Hence now we know why their MD against share speculator during the heist of glove mania....

NicholasNWH90

1,114 posts

Posted by NicholasNWH90 > 2020-12-14 16:52 | Report Abuse

@dickyme seems like it is really heading towards 0.72.

Mini Bull

797 posts

Posted by Mini Bull > 2020-12-14 17:33 | Report Abuse

price luxchem ding dong ding dong because of malaysia political no stable not because speculators

Mini Bull

797 posts

Posted by Mini Bull > 2020-12-14 17:36 | Report Abuse

seem tomorrow will down more

Mini Bull

797 posts

Posted by Mini Bull > 2020-12-14 17:46 | Report Abuse

suppose price Luxchem will up next quarter, since political issue the price movement need more time

Lanmum

360 posts

Posted by Lanmum > 2020-12-14 23:37 | Report Abuse

Guys, whats your views on the acquisition in Lexis companies? Good or bad move?

Mini Bull

797 posts

Posted by Mini Bull > 2020-12-15 01:10 | Report Abuse

added new investor ???? seem engine will start soon

Patrick13

1,971 posts

Posted by Patrick13 > 2020-12-15 08:05 | Report Abuse

Profit guarantee is total RM60 mil PAT for 3 financial years, average RM20 mil PAT x 55% = RM11 mil. Based on purchase consideration of RM121 mil, PE ratio is 11, consider quite fair benchmark.

Check official website, Lexis Chemicals have 2,600mt/month or 31,200mt per annum capacity, more than Transfer Master S/B of 24,000mt per year but lower than LPI of 40,000mt per year. But of course there's different products range and market/customers.

http://www.lexischemical.com/

Posted by Activetrader > 2020-12-16 01:05 | Report Abuse

Is NPRA1985 again. This fella bark kawkaw in kanger forum to push the price up but too sad to say even so many times of barking... the price eventually gone down more and more.. reslly socai. Now he diam diam already.. really rubbish

Posted by tanflash1314 > 2020-12-16 13:49 | Report Abuse

@Nancy Boon you thks him for ? he dint share anything as well. wake up ur mind.

Posted by tanflash1314 > 2020-12-16 13:49 | Report Abuse

just keep buying. gems will shine eventually.

Posted by tanflash1314 > 2020-12-16 13:54 | Report Abuse

If there is a counter can sailang. definitely will be luxchem at current price 0.8. => Moving towards 2.4. Hold ur ticket tight tight...

DickyMe

14,698 posts

Posted by DickyMe > 2020-12-16 15:13 | Report Abuse

Only the wise knows what is being shared! You are welcome, Nancy.

Let the flasher tan, flash his jealousy! :-D

Underhand

653 posts

Posted by Underhand > 2020-12-17 07:59 | Report Abuse

Too disappointed

Mini Bull

797 posts

Posted by Mini Bull > 2020-12-17 11:45 | Report Abuse

Kill margin players

Mini Bull

797 posts

Posted by Mini Bull > 2020-12-17 11:45 | Report Abuse

And contra

Mini Bull

797 posts

Posted by Mini Bull > 2020-12-17 19:32 | Report Abuse

Private placement price from 0.72 to 0.80 for one year

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