Collect when price is right. Foreseen Luxchem will be getting more & more appreciated when luxchem continue roll out dividend policy to reward share holder due to sustainable earnings
Price chart looked uptrend. Who are patience will be rewarded soonest or later. Management confirmed will not revise the placement rate 0.83 cents. Let we wait & c
Luxchem NTA had increased significantly to 0.42 after newly injected assets from lexis acquisition. Hope luxchem will start moving up as lexis income will be added into coming QR report
Most of the revenue comes from trading part compared to manufacturing. Plus contribution from gloves is very minimal. No effect as it is not solely dependent on gloves
unlike samchem and lctitan that markets napthalene and LLDPE ; Luxchem focuses on manufacturing UPR (unsaturated polyester resins), contrary to the sad msian popular belief that it pegs on glove sector, that only contributes a meagre portion to their revenue, as compared to UPR.
I have samchem, lctitan and even luxchem as well. If chemical companies are doing well this pandemic, imagine what happens post-pandemic.
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Inv2233
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Posted by Inv2233 > 2021-08-12 11:22 | Report Abuse
Will Luxchem be a next rising star soon?