Posted by Lukesharewalker > 2020-06-25 21:09 | Report Abuse

Not bad. Only decreased slightly

Posted by Lukesharewalker > 2020-06-25 21:13 | Report Abuse

Higher inventory of 40 mil due to higher stock up for covid crisis?

Posted by Lukesharewalker > 2020-06-25 21:50 | Report Abuse

It would have made 9.7 mil net profit if the forex were the same as 2019. Mind you, its still unrealised loss.
Eps could have been 3.5 cents

Posted by Lukesharewalker > 2020-06-25 22:10 | Report Abuse

Coming quarters likely to be better as IDR has recovered 14.6%......clawback is imminent

Posted by Lukesharewalker > 2020-06-25 22:17 | Report Abuse

IDR now circa dec 2019 to Feb 2020 levels

Posted by ckaiw04 > 2020-06-25 22:19 | Report Abuse

Their business Profit margin too low, only 2 -3 % very risky.

Posted by ckaiw04 > 2020-06-25 22:22 | Report Abuse

Buat 100 punya kerja ,hanya dapat untung 2 ringgit sahaja.

Posted by Lukesharewalker > 2020-06-25 22:34 | Report Abuse

Well, they have been profitable for many years ...

Posted by Lukesharewalker > 2020-06-25 22:37 | Report Abuse

Wait for June QR in August

Posted by Lukesharewalker > 2020-06-25 22:46 | Report Abuse

management does not expect the impact on the Group’s business
operations, liquidity and financial position because of COVID-19 to be material

the management is optimistic on the
business growth and will continue to focus on the expansion of business and operational efficiency to
improve the Group’s performance.

Posted by Lukesharewalker > 2020-06-26 10:33 | Report Abuse

If earnings remains eps 9 as per 2019
PE 10 90 cents
PE 15 as per Luxchem 1.35 cents

If forward eps averages 3 per quarter 12 per year
PE 10 1.20
PE 15 1.80

Posted by Kei2 > 2020-06-27 21:46 | Report Abuse

Anyone knows why this company suddenly shot up during end on year 2016?

Posted by Lukesharewalker > 2020-06-28 16:06 | Report Abuse

Oil prices down, extraordinary profits on petrol products due to high margins

Posted by Lukesharewalker > 2020-06-28 16:07 | Report Abuse

Could happen again this year....:)

Posted by Kei2 > 2020-06-28 17:15 | Report Abuse

@Luke. Well I saw that Brent price is around current price. I hope it really can rally again soon!!

Posted by Lukesharewalker > 2020-06-28 21:46 | Report Abuse

Think probably the next QR would be good due to the IDR clawback.
Keep your fingers crossed.

Posted by Lukesharewalker > 2020-06-28 22:15 | Report Abuse

After MCO demand should pick up for petrol related products, note the inventory increased by 40 mil. More margin

Posted by Kei2 > 2020-07-01 14:24 | Report Abuse

Have anyone seen their Samchem lubricant website?

Posted by Lukesharewalker > 2020-07-01 21:25 | Report Abuse

Part of the main website

Posted by Kei2 > 2020-07-01 21:59 | Report Abuse

It’s says they are central distributor

Posted by Lukesharewalker > 2020-07-02 20:21 | Report Abuse

Train is leaving the station soon

Posted by Kei2 > 2020-07-05 14:57 | Report Abuse

Buy. Should top up tomorrow

Posted by Kei2 > 2020-07-05 17:54 | Report Abuse

Their management is optimistic about the distributor ship and hiring people.

Posted by calvintaneng > 2020-07-05 19:25 | Report Abuse

TEXCHEM : COMPARE & CONTRAST ITS POTENTIAL & NET ASSET VALUE WITH LUXCHEM & SAMCHEM, Calvin Tan Research

https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2020-07-05-story-h1509766297-TEXCHEM_COMPARE_CONTRAST_ITS_POTENTIAL_WITH_LUXCHEM_SAMCHEM_Calvin_Tan_.jsp

Posted by Lukesharewalker > 2020-07-06 09:25 | Report Abuse

Texchem loss making track record

Posted by Albukhary > 2020-07-10 13:35 | Report Abuse

SAMCHEM is better than TEXCHEM

Posted by Albukhary > 2020-07-10 13:36 | Report Abuse

SOLID and STABLE income.

Coming quarter result is fantastic!

Posted by Lukesharewalker > 2020-07-13 12:41 | Report Abuse

M+ Online Technical Focus - 13Jul20
Samchem Holdings Bhd: Chemical specialty player

Trading Catalyst
• Chemical distribution segment is well positioned to undertake the higher demand for pharmaceutical products that are used as active ingredients or excipients for the production of medicinal products.
• Key clientele includes well established oil & gas players such as ExxonMobil Chemical, Shell, Petronas and BASF.
• At current price of RM0.73, Samchem is trading at trailing-12-months (TTM) PE of 8.7x, which is below peers average in upper teens, suggesting some upside in our view.
• Technically, share price has breakout above the RM0.725 resistance, targeting RM0.81-RM0.87 with long term target at RM0.95.

Technical View

(i) SAMCHEM (S: RM0.68, R: RM0.81-0.87, LT TP:RM0.95, CL:RM0.675)

S: Support, R: Resistance, LT TP: Long term target price, CL: Cut loss

Source: Bloomberg, M+ Online

Posted by Lukesharewalker > 2020-07-14 11:27 | Report Abuse

A lot of accumulation going on....

Posted by Gunner20 > 2020-07-17 14:26 | Report Abuse

This counter test our patience.. Relax and sleep, awake only when she awake..

Posted by Lukesharewalker > 2020-07-17 17:54 | Report Abuse

Let them jerk it down. Will buy more. Coming QR good

Posted by dollardollarbill > 2020-07-21 09:28 | Report Abuse

RHB wrote a report on Samchem today. TP RM1.23

Posted by Lukesharewalker > 2020-07-21 09:57 | Report Abuse

Train about to leave station now

Posted by Lukesharewalker > 2020-07-21 10:07 | Report Abuse

Post the review please@dollar

Posted by dollardollarbill > 2020-07-21 10:15 | Report Abuse

RHB Samchem report uploaded to Telegram channel @worthystocks

Posted by Lukesharewalker > 2020-07-21 14:47 | Report Abuse

BursaBuzz
21 Jul 20, 10:07
Samchem Holdings $SAMCHEM / 5147 (SAMCHEM HOLDINGS BERHAD)
Research by RHB
Not Rated; Target Price: RM1.28

"Rosy Demand Despite Disruption"

MYR1.23 FV, based on 12x FY21F P/E, 72% upside, and premised on
impending improvement in chemical demand, diversified model able to
weather through an economic slowdown, expansion of lubricant business,
and decent dividend yields. We believe the demand for chemical products is
evergreen as they are required in manufacturing activities despite soft
economic activity. While we expect a 2-year earnings CAGR of 8%,
Samchem is only trading at 7x FY21FP/E, below peer average of 20x P/E.

Posted by Lukesharewalker > 2020-07-21 16:32 | Report Abuse

Imagine at pe 20, mopping up the weak holders

Posted by anicca > 2020-07-21 20:01 | Report Abuse

https://klse.i3investor.com/blogs/dollardollarbill/2020-07-21-story-h1510661956-Samchem_Holdings_Rosy_Demand_Despite_Disruption_report_by_RHB_IB.jsp

Posted by Lukesharewalker > 2020-07-22 16:51 | Report Abuse

Finally...rerated

Posted by kglim > 2020-07-22 17:05 | Report Abuse

Highest jump in 1day .... continue the momentum tomorrow

Posted by Lukesharewalker > 2020-07-23 11:47 | Report Abuse

Hold tight, ride just started

Posted by NInvestor > 2020-07-23 12:18 | Report Abuse

hopefully....

Posted by klinnsman39 > 2020-07-23 15:21 | Report Abuse

I notice this stock ride together with OCNCASH.

Posted by NInvestor > 2020-07-23 15:53 | Report Abuse

oh my SamChem..

Posted by degaht > 2020-07-23 15:58 | Report Abuse

this counter has the potential, few cents up , down is normal.

just hold strong. today's open was good.

Posted by degaht > 2020-07-23 16:24 | Report Abuse

now covid cases are rising up in malaysia as well. there will be higher demand in sanitizer use as well ..wait and watch.

Posted by NInvestor > 2020-07-23 16:40 | Report Abuse

I regret choosing this counter over HLT

Posted by degaht > 2020-07-23 17:04 | Report Abuse

those who know how to see a potential in a counter and have done their study will have the confidence in investing here. i have a reason of entering into samchem today.

Posted by Lukesharewalker > 2020-07-23 18:07 | Report Abuse

Stay cool. Still LT uptrending. Let the operator sell down if he wants, we just buy more....

Posted by V7101 > 2020-07-23 23:48 | Report Abuse

TA still just started an uptrend mode.
Still have leg to move up