Posted by totoro_kiosk > 2017-12-26 14:44 | Report Abuse

why suddenly goes up ?

Posted by wenbuluoge > 2017-12-26 15:00 | Report Abuse

Any good news

Posted by cytew > 2017-12-29 12:10 | Report Abuse

The good news is that 108 group members are buying !

Posted by Ginny88 > 2017-12-29 12:48 | Report Abuse

what is 108 group members?

Posted by enning22 > 2017-12-29 15:25 | Report Abuse

last quarterly report suggested the fact , the Vietnam and Indo market is expanding remarkably well .

Posted by cytew > 2018-01-05 20:20 | Report Abuse

108 group is a strategic value investing group

Posted by God_of_Gambler > 2018-01-12 09:56 | Report Abuse

parking here ... look up this share

Posted by elp25 > 2018-01-12 14:43 | Report Abuse

SAMCHEM break all time high
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https://www.facebook.com/KLSELION/photos/a.854214074738461.1073741829.848454415314427/901330610026807/?type=3&theater' target='_blank'>https://www.facebook.com/KLSELION/photos/a.854214074738461.1073741829.848454415314427/901330610026807/?type=3&theater
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Reason for picking up
*nice uptrend stock
*broke all time high
*Moving average healthy
*MACD Healthy
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Strategy
look for entry at 1.10-1.14 zone
SL if above mention zone unable to hold
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May the trend be with you.
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Trade Safe~

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follow our page for instant update

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https://www.facebook.com/KLSELION/

Posted by Octopus > 2018-01-12 14:47 | Report Abuse

one of the potential share bet in pocket, chart show bull.. 1.23 tp be the next resistance and sl at 1.16/15...

Posted by meiling0809 > 2018-01-13 16:28 | Report Abuse

I am so happy that this stock is move !!!!!!!!!

Posted by cytew > 2018-01-13 17:51 | Report Abuse

108 兵法效应

Posted by ridah118 > 2018-01-15 08:08 | Report Abuse

Target rm1.51

Posted by tipumakan > 2018-01-16 21:22 | Report Abuse

13 cent different between lowest and highest of the day

Posted by cytew > 2018-01-16 21:47 | Report Abuse

有精兵把守

Posted by ttluck > 2018-01-17 13:37 | Report Abuse

Sam Can.....continue ur momentum...

Posted by ridah118 > 2018-01-18 12:50 | Report Abuse

Time to accumulate more shares

Posted by Sumika > 2018-01-23 10:55 | Report Abuse

http://malaysiafinance.blogspot.my/2018/01/sobering-figures-for-cryotocurrencies.html

Posted by ridah118 > 2018-01-23 17:13 | Report Abuse

buy and keep, good div, good business, later share price performance one day will be like topglove

Posted by ridah118 > 2018-01-23 21:53 | Report Abuse

On behalf of the Board of Directors of Samchem (“Board”), AFFIN Hwang Investment Bank Berhad wishes to announce that the Company is exploring the possibility of listing its subsidiary company, Samchem Sphere JSC on the Ho Chi Minh Stock Exchange. A corporate adviser licensed in Vietnam has been appointed to evaluate and advise on the Proposed Listing.

Posted by Peter Yoong > 2018-01-25 19:27 | Report Abuse

https://klse.i3investor.com/blogs/westhill/145203.jsp. Appreciation of RM will boost SAMCHEM earning by this year 2018.

Posted by Aresmoon > 2018-02-01 18:56 | Report Abuse

Current proposal listing subsidiary co of samchem JSC
Which mean group of director confident that vietnam income source are very considerable and stable.. next QR should be new high

buy in or regret?

Posted by ridah118 > 2018-02-04 21:23 | Report Abuse

Chemical oil business needed in all walks of life , sustainable business model, Vietnam population 3x of Malaysia, samchem got chance to conquer major market share in Vietnam, trading sell motor black oil also kaya lo

Posted by WarrBuff > 2018-02-06 14:45 | Report Abuse

Anyone knows why their NTA shrunk by half in previous quarter?

Posted by cytew > 2018-02-06 18:30 | Report Abuse

Bonus issue 1 to 1

Posted by cytew > 2018-02-20 22:28 | Report Abuse

A case study of Samchem.

Recently everyone is looking at the rally of crude oil price and hoping to take advantage of it. The most obvious candidates are those who are at downstream. These include refinery, petrochemical manufacturers and storage. In Malaysia, such companies include Petronas Dagangan, Petronas Chemical and Lotte Titan Chemical. All of them are well known multinational business that play on global scale and thus are sensitive to global prices. But given their well-known brand and status, they are also commanding a high level PE range 16 - 20. And some of them don't really grow to well relative to their PE and ROE. They might have reasonable dividend pattern or policy, but most are heavy-weight that offer less opportunity to grow in term of business or share price.

Looking further, people are actively investing in HengYuan and PetronM. Both are previously blue-chip names, Shell and ExxonMobile, taken over by Chinese and Philippines companies. They are refinery that command margins from their refinery and subject to world market conditions. Given the fluctuations of crude oil prices and the downtime maintenance for their refinery, there are many unpredictable factor. The recent rally of share price relative to their business nature are quite overly justified.

The key to taking advantage of the current rally of crude oil price is to capture the change of tide. This change of tide will be able to propel companies into greater height, not just enabling them to enjoy extraordinary profit in extraordinary times， but become a next level player.

Scanning the radar, an investors' favourite comes up: Luxchem. It has both manufacture and trading divisions and been enjoying growth for the past few years. Its profit margin is high, given that it's manufacturing segment commanding a 15% level margin. But the recent rally of crude oil price might have impacted the manufacturing profit, reducing its manufacturing profits before tax from RM28 mil to RM25 mil. Given such circumstances, it might not be a suitable time to go in.

But then, another company name came up: Samchem.

Established 1989, the core business for Samchem is in Distribution of Chemicals. Samchem provide the service of distribution, bulk breaking (into drums or smaller packaging), blending of specialised chemical. Samchem represents Samchem represents the largest petrochemical companies in the business today – ExxonMobil Chemical, Shell, Petronas, BASF. Products from all these suppliers are visible in wide range of products such as paints, cars, printing inks, adhesives, agriculture, household and personal care, etc.

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. Once Samchem is able to capture a foothold in the market, it will able to maintain a top 3 position in the respective country it operate.

No matter how lucrative the potential, a business can't sustain if the condition is not favourable. Fortunately, the recent rally of crude oil price create a favourable market condition that Samchem operates in. A higher oil prices lead to higher selling price for chemicals and leads to higher revenue, in turn leads to higher profits. Evidently, its profit increased and ROE has been steadily increase from 8% to 15%. Samchem 2018 profit should be RM17 mil to RM20 mil. At 220 mil shares, this translate into 8 sen EPS or PE of 14 based on RM1.16. Given the recent steady increase of oil price, Samchem should able to maintain its profit. Also, Samchem is proposing to list its subsidiary at Vietnam. This should be interpret as a confidence in its subsidiary.

All in all, I believe Samchem is a good investment based on few factor:

1) An increasing ROE, from 8% to 15%. ROE is crucial to determine the capital efficiency of the company. Fund managers will screen company based on this indicator.

2) At current price, the dividend yield is 3%, good to receive cash to purchase more shares or at least cover interest if you have margin account.

3) With 8 sen EPS, the company PE is 14, lower PE than others big brand company but also a proxy to them given Samchem is the distributor for them;

4) The listing of Vietnam subsidiary. This is crucial as the company might finally able to realise its investment there and the subsidiary can access to capital market on its own for more funding. More firepower to support other key growing market such as Indonesia;

If you are thinking of downstream refinery, think again. Samchem is the distributor of these big brand company:

http://www.samchemlubricants.com/

PS: Samchem going to release quarterly result soon, presumably this week.

Posted by goody99 > 2018-02-21 15:53 | Report Abuse

没成长，不要买；有成长，不要卖；成长长，长持有；成长短，短持有

Posted by kkteng70 > 2018-02-27 13:51 | Report Abuse

yes can buy

Posted by meiling0809 > 2018-02-27 15:56 | Report Abuse

super angry!!!!!!
good result but share price don't move!!!!!

Posted by immortallhs > 2018-02-27 17:50 | Report Abuse

Be patient. Share price already move early before QR release. It will rebound soon. This counter good for long term player. Patient will get rewarded.

Posted by Money122 > 2018-03-06 22:45 | Report Abuse

Now can buy?

Posted by Money122 > 2018-03-07 12:39 | Report Abuse

1.06 down!!

Posted by Money122 > 2018-03-07 15:27 | Report Abuse

Why many people selling

Posted by goody99 > 2018-03-12 10:39 | Report Abuse

unfortunately not many buyers nowadays...

Posted by ychong > 2018-03-12 22:56 | Report Abuse

seem strong support at 1.06

Posted by tanflash1314 > 2018-03-26 23:25 | Report Abuse

dump luxchem and come samchem !

Posted by qqq3 > 2018-03-26 23:31 | Report Abuse

by tanflash1314 > Mar 26, 2018 11:25 PM | Report Abuse

dump luxchem and come samchem !
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agree

Posted by meiling0809 > 2018-04-16 12:12 | Report Abuse

rubbish ! rubbish ! rubbish !

Posted by abcde12345 > 2018-04-16 13:18 | Report Abuse

thank

Posted by Jessie Ng > 2018-04-16 13:39 | Report Abuse

gooooddddddddddddddd

Posted by jordanmaggie61 > 2018-04-16 14:31 | Report Abuse

非常完美

Posted by immortallhs > 2018-05-21 16:46 | Report Abuse

Best QR. Time to accumulate more before too late!!

Posted by Vanguard168 > 2018-05-23 12:45 | Report Abuse

CEO said sales revenue going to double by 2022

Posted by bighead7796 > 2018-06-18 09:48 | Report Abuse

Higher or lower oil price will benefits to Samchem?
Thanks!

Posted by TheGodHoudini > 2018-06-26 11:18 | Report Abuse

What to do le.... Bought at 1.06

Posted by immortallhs > 2018-06-26 15:10 | Report Abuse

Hold tight

Posted by ricky > 2018-07-03 22:44 | Report Abuse

May be Will rebound soon

Posted by immortallhs > 2018-07-05 10:08 | Report Abuse

DOn't Panic......

Posted by huat_888 > 2018-07-05 15:06 | Report Abuse

so cheap now, buy now, hehe...

Posted by huat_888 > 2018-07-05 15:24 | Report Abuse

Vivian, no need keep update. We know how to read it...

Posted by thesteward > 2018-07-09 16:58 | Report Abuse

What happen