Posted by thanos2020 > 2020-05-13 09:29 | Report Abuse

@Michael Kwok agreed with you, definitely more than RM1 the target price for sanchem, silly others sell so early to earn mittens only...

Posted by Hush77 > 2020-05-13 09:59 | Report Abuse

yup..they supply chemical for all types of industry, including rubber and hygene/sanitization/detergent, lubricant, etc. and is a competitor for luxchem and ccm

Posted by Michael Kwok > 2020-05-13 20:11 | Report Abuse

As economy recovery Wht people target chemical,IT company,blue chip.

Posted by Michael Kwok > 2020-05-14 12:56 |

Post removed.Why?

Posted by winsonmo > 2020-05-16 20:40 | Report Abuse

https://www.klsescreener.com/v2/news/view/677791/separating-the-wheat-from-the-chaff

Posted by thanos2020 > 2020-05-16 21:10 | Report Abuse

Yes only Samchem PE is still low after the share market buying frenzy for the week.. strong double digit YOY growth for 3 consecutive quarters, regular 1sen quarterly dividend paidout (way better than any fixed deposit rate out there). Low issued shares....solid company with good fundamentals!

Posted by Lukesharewalker > 2020-05-19 11:34 | Report Abuse

Broke trend. Earnings not as good?

Posted by hng33 > 2020-05-19 15:49 | Report Abuse

bought samchem at 68.5-69.5sen

Posted by Beginner123456 > 2020-05-19 18:42 | Report Abuse

corona related counters in consolidation mode. Can still in samchem at 69 cents?
fundamentally samchem is a superb company but these days on bursa,news and sentiments matter more than fundamentals.
also when qr results will out?today hextar q1 results were great.

Posted by kelvinlim1133 > 2020-05-19 22:31 | Report Abuse

How do you Hexza only 28% increasae in profit?

Posted by Beginner123456 > 2020-05-19 22:50 | Report Abuse

hexza results havent out right?

Posted by hng33 > 2020-05-20 09:53 | Report Abuse

add more samchem at 67-68sen

Posted by hng33 > 2020-05-21 10:37 | Report Abuse

sold all samchem at 72.5-73sen

Posted by alibaba123456 > 2020-05-21 10:55 | Report Abuse

Once break 0.730 and above will have a big wave above 0.80 ... accumulated more .. very solid company

Posted by hng33 > 2020-05-22 11:11 | Report Abuse

bought back samchem at 70sen

Posted by hng33 > 2020-05-22 14:37 | Report Abuse

add samchem at 67.5sen

Posted by hng33 > 2020-05-22 16:56 | Report Abuse

Good result will give strong momentum to mark up share price, stay tune

Posted by probability > 2020-05-22 16:58 | Report Abuse

hoping the same....this should be above 1

Posted by hng33 > 2020-05-27 10:58 | Report Abuse

sold back samchem at 71sen

Posted by hng33 > 2020-05-27 16:58 | Report Abuse

buyback samchem at 69sen

Posted by bhullar_1972 > 2020-05-28 11:09 | Report Abuse

Notice of Dividend Payment and Dividend Entitlement Date
NOTICE IS HEREBY GIVEN that subject to the approval of the shareholders at the Annual General Meeting to be held on 28 July 2020, a final single tier dividend of 1.0 sen per share will be
paid on 17 August 2020 to shareholders whose names appear in the Company’s Record of Depositors on 3 August 2020.

Posted by hng33 > 2020-05-28 15:59 | Report Abuse

sold back samchem at 71-71.5sen

Posted by JSoang Ooi > 2020-05-28 19:22 | Report Abuse

qr tmr?hehe

Posted by Lukesharewalker > 2020-05-28 22:28 | Report Abuse

Tomorrow or extension?

Posted by Bullbursa > 2020-05-29 16:29 | Report Abuse

They are the supply chain to PPE manufacturers ie. Sanitizer, gloves, disinfectant etc....their business not affected..extract from their annual report released 28/5/20

Posted by onecall > 2020-05-29 20:11 | Report Abuse

Weird, why no qr?

Posted by Lukesharewalker > 2020-05-29 20:41 | Report Abuse

Extended another month

Posted by amateurJR > 2020-05-29 23:41 | Report Abuse

After holding this share for so long since 0.4, rarely come back here to see what is happening. Not bad 1 cent dividend. Holding both samchem and luxchem together. Go go go the chem brothers

Posted by coolwind123 > 2020-05-31 09:38 | Report Abuse

Samchem companies are in the supply chain (as chemical raw material distributor) to Essential Goods Manufacturers (such as hand sanitisers, disinfectants, personal and household care, gloves, some personal protective equipment, as well as the printing and packaging associated with all these products) and were able to meet the demand from these manufacturers in spite of the lockdowns.

Posted by Ikigai > 2020-06-01 09:06 | Report Abuse

Director did a buyback of shares ?

Posted by anicca > 2020-06-01 18:59 | Report Abuse

omg...can test 1:00 tmr?

Posted by JW Leong > 2020-06-01 20:50 | Report Abuse

At least samchem is worth for Rm1.5

Posted by Lukesharewalker > 2020-06-01 21:17 | Report Abuse

Pullback tomorrow lah

Posted by AllanTingAS > 2020-06-01 21:40 | Report Abuse

I chicken out because beliving thing will go up and go down logically. Coupled with glove counters carzy at super high PE!

Posted by Lukesharewalker > 2020-06-02 10:37 | Report Abuse

Some distribution going on....

Posted by amateurJR > 2020-06-04 10:05 | Report Abuse

Alrdy sold my luxchem past 2 days for considerable good profit. Still holding Samchem with less volatile price change

Posted by Lukesharewalker > 2020-06-04 16:22 | Report Abuse

Buy...bullish crossing sighted

Posted by Lukesharewalker > 2020-06-05 16:05 | Report Abuse

Without covid crisis, eps 9 cents@pe12, that's 1.08 at least

Posted by Lukesharewalker > 2020-06-07 00:12 | Report Abuse

Distributor for naptha, chemical for nitrile gloves and ethanol, alcohol for sanitizer.......impact of surge in gloves production

Posted by Maxigain > 2020-06-07 22:54 | Report Abuse

more sectors open now, interstate travel allowed. Can u imagine how much sanitizer or disinfectant needed to sanitize the hotel and shopping mall? These are the places that require sanitizing regularly for the safety of the guests/visitors. More people will be out and travel now, hence the usage of sanitizer will increase tremendously. This will be the next theme after the gloves.

Posted by Lukesharewalker > 2020-06-08 10:23 | Report Abuse

Yes. Additionally demand from petro lubricants too as traffic increases. Triple whammy

Posted by amateurJR > 2020-06-09 16:51 | Report Abuse

Cant wait for the qtr result

Posted by Maxigain > 2020-06-11 18:02 | Report Abuse

Only chemical co with pe below 10, and consistently make profit every qtr. Samchem is the supply chain for PPE maker. Their operations were not affected.

Posted by Lukesharewalker > 2020-06-12 09:29 | Report Abuse

Cheap sales

Posted by Maxigain > 2020-06-12 13:39 | Report Abuse

Below is the stmt extracted from their latest AR

Since the onset of the COVID-19 outbreak, major ASEAN nations have
seen their supply chains disrupted and all experienced economic
slowdowns, especially with the imposed lockdowns. However,
Samchem companies are in the supply chain (as chemical raw
material distributor) to Essential Goods Manufacturers (such as hand
sanitisers, disinfectants, personal and household care, gloves, some
personal protective equipment, as well as the printing and packaging
associated with all these products) and were able to meet the demand
from these manufacturers in spite of the lockdowns. The Group’s
diversified chemical distribution business allows the company to
minimize the impact of downturns in the economy.

Posted by Lukesharewalker > 2020-06-12 15:07 | Report Abuse

Luxchem is at pe 18 now, Samchem should be the same @9 x 18 is 1.62

Posted by lausan > 2020-06-17 09:25 | Report Abuse

wau...

Posted by Lukesharewalker > 2020-06-17 11:26 | Report Abuse

Strong hold. Possible cup and handle formation

Posted by Lukesharewalker > 2020-06-17 11:32 | Report Abuse

Plus golden cross. High volume expected after this consolidation

Posted by Lukesharewalker > 2020-06-17 15:07 | Report Abuse

plus Elliot wave 3