Posted by kevin5059 > 2018-11-07 13:11 | Report Abuse

Vietnam Dong, RM Malaysia, and Indonesia Rupiah all went down against USD. Meaning if SAMCHEM selling their goods in the local currency, but need to buy those oil product in USD, this would impact the profit margin, unless they can pass the cost to the buyer.

However, good news is RM is strengthen against Dong and Rupiah.

Posted by CFTrader > 2018-11-09 19:26 | Report Abuse

Indonesia loss is eating into Malaysian profit ... It is not good .. Damn.
Meanwhile, they are paying the dividend at the cost of loan ... I like dividend but I hope it is sustainable.

Sincerely
CFTrader

Posted by wakarimas > 2018-11-10 18:46 | Report Abuse

loa sai.......... no dividend...... Cannot pakai d.....

Posted by Alex™ > 2018-11-10 19:03 | Report Abuse

GG WHERE IS MY DIV?

Posted by life123 > 2018-11-10 21:03 | Report Abuse

well, they did achieve 1 billion revenue as promised, but the profit margin is dragged down while they are expanding the business.

As stated in the quarter report, "This is mainly due to a drop in profit margin and foreign exchange losses in Indonesia as a results of the weakening of Rupiah".

They did not reveal the actual cause for loss in indonesia, hope it is temporary, and the profit will be back on track with the revenue.

Posted by qqq3 > 2018-11-10 21:20 | Report Abuse

I am willing to buy at 80 sen

Posted by Stefan > 2018-11-11 22:10 | Report Abuse

Second interim dividend ady paid in 9th Nov 2018 le lo.. next dividend is next year April dude

Posted by wakarimas > 2018-11-11 23:57 | Report Abuse

this quarter no Dividend

Posted by JaBerry > 2018-11-15 18:20 | Report Abuse

Sorry. This share cos loss all money.

Posted by Alex™ > 2018-11-19 18:53 | Report Abuse

Wah... 70sen d... I want my money back

Posted by Manekineko > 2018-11-21 16:52 | Report Abuse

Up today...

Posted by Vivian Hee > 2018-11-22 10:08 | Report Abuse

strong rebounce

Posted by Austin Yeong > 2018-11-22 10:10 | Report Abuse

any news?

Posted by Austin Yeong > 2018-11-22 10:39 | Report Abuse

IPO News in Vietnam coming soon?

Posted by DaitoRyu > 2018-11-22 10:44 | Report Abuse

Its currently undervalued as its stands,last quarter results were hardly disastrous, so hopefully it will rebound some more. Market sentiment is still a worry unfortunately.

Posted by Austin Yeong > 2018-11-22 10:52 | Report Abuse

It's okay, just hold for long term. Strongly confident with the CEO

Posted by Alex™ > 2018-11-22 21:13 | Report Abuse

ini fiona saipa?

Fiona70
2 posts

Posted by Alex™ > 2018-11-22 21:13 | Report Abuse

22-Nov-2018 Insider NG THIN POH (a substantial shareholder) acquired 307,800 shares on 21-Nov-2018.
22-Nov-2018 Insider NG THIN POH (a company director) acquired 307,800 shares at 0.735 on 21-Nov-2018.

no wonder

Posted by Alex™ > 2018-11-22 21:14 | Report Abuse

my boss probably will feel sorry to see alex go, fast fast push back price to 93sen tq...hehe

Posted by Alex™ > Nov 19, 2018 06:53 PM | Report Abuse X

Wah... 70sen d... I want my money back

Posted by qqq3 > 2018-11-22 21:32 | Report Abuse

this is a good company.

Posted by tipumakan > 2018-11-25 14:32 | Report Abuse

less profit buy director buyback? tricky

Posted by Alex™ > 2018-12-08 09:51 | Report Abuse

Sad yo... Everyday low price :( why I bought too early?

My taukenio also on this counter...

Posted by Austin Yeong > 2018-12-10 10:58 | Report Abuse

Alex, what is your average purchased price?

Posted by Hellstrom > 2018-12-26 10:14 | Report Abuse

Sad

Posted by ampabella > 2019-01-18 22:59 | Report Abuse

sad, so many counter rebound but Samchem still sleeping

Posted by zhangliang > 2019-01-26 11:31 | Report Abuse

can collect on weakness one

Posted by Manekineko > 2019-01-29 14:41 | Report Abuse

Waiting for good quarter result else keep swinging sideways... aiya...

Posted by kevin5059 > 2019-01-31 13:50 | Report Abuse

Vietnam GDP is blooming la.. worry not. Just buy while it is cheap..

Posted by wakarimas > 2019-02-03 16:38 | Report Abuse

samchem seems attractive now.

Posted by thesteward > 2019-02-12 00:03 | Report Abuse

This coming q result sud be ok . Fingers crossed

Posted by wakarimas > 2019-02-14 15:54 | Report Abuse

wondering what is the real catalyst of samchem....... the volume and price is kesian.......

Posted by CARI MAKAN > 2019-02-20 19:50 | Report Abuse

wah........good or bad?

Posted by tipumakan > 2019-02-20 23:37 | Report Abuse

definitely a bad quarter

Posted by kevin5059 > 2019-02-21 11:19 | Report Abuse

Time to accumulate. 0.67sen for SAMCHEM is a good bargain.

Current price had already factored in this bad quarter.

Posted by tipumakan > 2019-02-21 20:55 | Report Abuse

yes. hope not getting worser in coming quarter

Posted by kevin5059 > 2019-02-22 10:08 | Report Abuse

0.66sen. Assuming dividend is 3 sen per year, you get 4.5%DY. Assuming EPS is 1.66 for 4x quarter, 0.66/0.064=PE10.3. It is very attractive now.. BUY>.....

Posted by tipumakan > 2019-02-22 16:05 | Report Abuse

yeah. assuming they maintain current profit. but as you can see after mid 2018, result is horrible

Posted by kevin5059 > 2019-03-12 13:44 | Report Abuse

TP 1.1-1.3. Very solid foundation counter.

Posted by Jasonlow > 2019-03-14 01:35 | Report Abuse

So fast and efficient already arrested 3 ppl

will charge on morning...............

Luckily, seems like no any listed company involve, is one illegal tyre shop ppl do this ..........


https://www.facebook.com/watch/?v=339455013363244

Posted by Jasonlow > 2019-03-14 01:51 | Report Abuse

https://www.sinchew.com.my/content/2019-03/13/content_2021753.html

Good news , Case Done so fast , no company involve, congraz all ......................

Posted by Gn021 > 2019-03-14 05:50 | Report Abuse

Lol bro

i think you did not study SAMCHEM qtr report well

50% of SAMCHEM business from other countries (vietnam 30%, singapore and Indo 15%)

another 50% of SAMCHEM business from Malaysia



But take note, SAMCHEM hq is at Shah Alam laaaaaa helloooo, how they involve in the pollution lehhhh ??? you try use WAZE search SAMCHEM, it is locate at Shah Alam

Posted by big77 > 2019-03-14 12:45 | Report Abuse

Last quarter reports: The Group and the Directors expect that the Group’s performance for the forthcoming year ending 31 December 2019 will be positive, driven by continued cost reduction measures, increased operational efficiency and growth in sales.
Price target:- RM0.77. Wait and see.

Posted by big77 > 2019-03-14 12:48 | Report Abuse

The company has strong & healthy balance sheets with high earning per share.
THE company will not disappoint all the shareholders. wait and see.

Posted by Manekineko > 2019-03-14 14:56 | Report Abuse

Agree, have been holding this counter for few months as quite confident on the fundamentals.

Posted by big77 > 2019-03-14 15:21 | Report Abuse

I BOUGHT FROM RM0.615-RM0.63. I EXPECT THE PRICE WILL MOVE UP WHEN ECONOMY SITUATIONS IMPROVED. RM0.605 IS THE LOWEST SINCE THE YEAR 2017 JANUARY.

Posted by Jasonlow > 2019-03-14 22:57 | Report Abuse

Agree, this counter have good potential, as you can see


https://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=5147


YoY sales increase more than 15% every year !!!! 15 % !!


And Samchem done well in diversify their business, To Vietnam and Indonesia, 50% of their Sales from this 2 country

Samchem Not like other counter, highly depends on only Malaysia market................

Posted by Jasonlow > 2019-03-14 22:59 | Report Abuse

Plus this fews days oil price Keep Up, it is good for Samchem to increase their Sales price of Chemical

Check this
https://klse.i3investor.com/blogs/TCapitalGroup/161934.jsp


2. Samchem revenue is almost RM1 billion, with 3 main market contributors: Malaysia 50%, Vietnam 35%, Indonesia 15%. Vietnam and Indonesia are both fast growing market with huge potential given their total population is 10x of Malaysia population. This is quite significant as the company would requires to grow and capture new market given that they represent established brand.

3. The rise in crude oil will drive up the sales price of chemicals distributed by Samchem . This will lead to higher revenue in FY18 in turn leads to higher profit. In latest quarter result, their net profit increase 62% from 5.01 million a year ago. Samchem expect its performance to be positive and driven by continued cost reduction measures, increase operational efficiency and growth in sales.

Posted by Jasonlow > 2019-03-14 23:01 | Report Abuse

hahahha, thx for remind Gn021........


i now only realize SamChem business is Based on Shah Alam, mistaken, thought them based on Johor, Lolx.................

Posted by Manekineko > 2019-03-15 11:37 | Report Abuse

Just wonder when is the listing for Vietnam business?

Posted by wakarimas > 2019-03-27 16:36 | Report Abuse

what happend to samchem? price drop like hell, profit drop like hell