TEXCHEM RESOURCES BHD

KLSE (MYR): TEXCHEM (8702)

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Last Price

0.765

Today's Change

-0.005 (0.65%)

Day's Change

0.765 - 0.765

Trading Volume

33,100


9 people like this.

1,923 comment(s). Last comment by 1DERFUL 2 weeks ago

thomc

66 posts

Posted by thomc > 2020-08-10 09:49 | Report Abuse

Early stage of limit up... Huat ah....

BuLLRam

1,104 posts

Posted by BuLLRam > 2020-08-10 11:26 | Report Abuse

Yesterday IB went limit up ,,premature ejaculation...quickly pulled out....n collect cheap...today the real real Fffed limit up...wakakaka....kokokokokokkkk

Posted by Fundamentalist91 > 2020-08-10 12:48 | Report Abuse

seeing price this high up, even the Japanese boss is starting to sell his stock, and these people are still buying. Really gamble without knowledge

edward96

137 posts

Posted by edward96 > 2020-08-10 14:32 | Report Abuse

Recommend pecca for those who is late here. Have been having good lead on PPE, buying more machines to increase production, applying FDA, main business partners (perodua) all time high sales, havent include other clients, have been making profit all these time.

Posted by DaddyShake > 2020-08-10 15:57 | Report Abuse

All these goreng counters might get freeze tonight!

BuLLRam

1,104 posts

Posted by BuLLRam > 2020-08-10 23:51 | Report Abuse

Japanese boss going to take it private???

BuLLRam

1,104 posts

Posted by BuLLRam > 2020-08-11 08:36 | Report Abuse

Kabooooommmmm ..1.30 bid ...limit up....huat ahhhhh...

Mini Bull

799 posts

Posted by Mini Bull > 2020-08-11 11:51 | Report Abuse

Overvalued

Albukhary

3,052 posts

Posted by Albukhary > 2020-08-11 12:00 | Report Abuse

Yes, overvalue.
Better to invest in Hextar.

chkhooju

1,706 posts

Posted by chkhooju > 2020-08-11 12:00 | Report Abuse

Precisely.

BuLLRam

1,104 posts

Posted by BuLLRam > 2020-08-12 14:52 | Report Abuse

Collect,,,,another limit up soon.....

Posted by longtermvaluegain > 2020-08-19 08:01 | Report Abuse

DNONCE TECHNOLOGY Key Highlights
• Significant improvement in Profit Before Tax (“PBT”) from loss of RM3.34 million in 1H Year-to-date (“YTD”) 30 June 2019 to RM2.40 million, an increase of RM5.74 million or 172% for Financial Year Ended 30 April 2020 (“FYE 30 April 2020”).
• Noteworthy surge in revenue, average monthly sales for July 2019 till April 2020 was RM14.6 million compared with January 2019 till June 2019 of RM13.3 million representing a 9.8% increase, even though March and April sales were impacted by the Covid-19 induced MCO
• Three consecutive profitable quarters with FYE PBT of RM2.40 million signifying 9 straight months of profit until April since the new management took over the running of the Company.
D’nonce Technology Bhd (“D’nonce” or “the Group”) (“7114”), today announced its interim financial results for the sixth quarter (“Q6”) and 16-month consolidated financial results for its Financial Year Ended 30 April 2020 (“FYE 30 April 2020”).
DNONCE is a diversified engineering solutions provider, serving customers in the semiconductor, automotive, medical/healthcare, data storage hardware and consumer electronics industries with overseas subsidiaries in Thailand.
In mid-July 2019, D’nonce had installed a new Board of Directors and management, led by Mr. Tho Yow Yin as CEO. Under the new leadership.
DNONCE embarked on costcutting measures and redirected their focus to expand the Group’s growth in value-added businesses. These efforts have borne positive results as reflected in its financial performance since July 2019 to 30 April 2020.
D’nonce recorded a revenue of RM225 million for the FYE 30 April 2020, of which from 1 July 2019 to 30 April 2020, the Group recorded an average monthly revenue of RM14.6 million as compared to an average monthly revenue of RM13.3 million from 1 January 2019 to 30 June 2019, representing a 9.8% improvement in sales, despite the MCO which impacted operations in March and April 2020.
The significant increment of the revenue was partly contributed by the surge in demand from customers in the healthcare industry mainly due to the Covid-19 outbreak as D’nonce provides essential support to the glove industry in Southern Thailand and also supplies injection molded ventilator parts from their factory in Prai, Pulau Pinang.
Simultaneously, DNONCE continued to showcase a healthy and growing PBT having recorded a PBT of RM2.40 million for the Financial Period Ended 30 April 2020 reflecting a turnaround of RM5.74 million or 172% growth over the 1H Loss Before Tax of RM3.34 million. With the exception of Q6 FY2020 (which consisted of only 1 month), the Group achieved three consecutive quarters in the black (cumulative PBT of RM5.74 million from 1 July 2019 to 30 April 2020) - after losses earlier in the financial year throughout the first two quarters (cumulative Loss Before Tax of RM3.34 million from 1 January 2019 to 30 June 2019).

This is the result of the DNONCE Management’s continuous prudence in managing its expenses while expanding revenue, resulting in the highest level of operational efficiency and also the continuous growth of its business.
As of 30th April 2020 the Group has generated a positive cash flow of RM8.16 million from operating activities and have cash and bank balances of RM32.5 million. For the full FYE 30 April 2020, D’nonce recorded a Profit After Tax of RM0.73 million (after the non-cash adjustment from the revaluation of properties deficit of RM0.45 million) in spite of the net losses recorded for Financial Period Ended 30 June 2019.
Notwithstanding the challenging environment, DNONCE is cautiously optimistic of its business with the expectation of continued strong demand for its supplies to the medical and health sectors as well as the positive demand from the electronic technology sector moving forward.
DNONCE has active initiatives underway to enhance its overall organisational effectiveness.
These initiatives should increase productivity and cost efficiency while also helping to realise scale economies as Dnonce continues to grow its commercial opportunities.

两大利好围绕DNONCE!!
1)Provides Essential Support (Glove Industry) Southern Thailand

2) Injection Molded Ventilator Parts (Prai, Pulau Pinang)

预料,DNONCE 可突破RM1.00大关。

Posted by GeneTakavic > 2020-08-24 08:15 | Report Abuse

why japanese owner keeps disposing shares?

dompeilee

11,888 posts

Posted by dompeilee > 2020-09-09 16:18 | Report Abuse

Bought some Texchem @ 52c

linheng

1,378 posts

Posted by linheng > 2020-09-10 05:30 | Report Abuse

4 week low price. Down from $1.20 at peak. Dead cat shd also bounce already

linheng

1,378 posts

Posted by linheng > 2020-09-10 05:31 | Report Abuse

Think some desperate contra players dump in a mkt with no volume

greenberg

197 posts

Posted by greenberg > 2020-09-29 23:38 | Report Abuse

Texchem stock going momentum start coming week.....check the company owner activity

50Cents

219 posts

Posted by 50Cents > 2020-10-07 23:46 |

Post removed.Why?

dompeilee

11,888 posts

Posted by dompeilee > 2020-10-14 09:49 | Report Abuse

dompeilee Bought some Texchem @ 52c
09/09/2020 4:18 PM

=)

BuLLRam

1,104 posts

Posted by BuLLRam > 2020-10-20 13:24 | Report Abuse

0.70 ...looks like bracing for a repeat limit up soon...kokokokokokokkkkk

BuLLRam

1,104 posts

Posted by BuLLRam > 2020-10-20 15:07 | Report Abuse

Ding dinggggg

Posted by ironman118 > 2020-10-24 00:03 | Report Abuse

Q3 2020 just announced today. Company has turned around in Q3 2020 with EPS of 6.04 sen. The share price is closed at 64 sen today. If net profit can be achieved consistently for the next 4 quarters, EPS will be 24 sen. The share price will be undervalued at PE 10.

Posted by Hew Kiong Peng George > 2020-10-24 07:39 | Report Abuse

if pe 10 share worth rm2.40...limit up next mon..

Gaussian

3,133 posts

Posted by Gaussian > 2020-10-24 09:14 | Report Abuse

Monday limit up

Gaussian

3,133 posts

Posted by Gaussian > 2020-10-24 09:15 | Report Abuse

Luxchem no power

Posted by ironman118 > 2020-10-24 20:51 | Report Abuse

Tasco also announced very good performance yesterday. Its Q2 2020 EPS is 5.35 sen. Share price has gone up to RM2.30 as at Friday. EPS 5.35 sen x 4 = 21.4 sen. It is traded at PE of 11 times.

dompeilee

11,888 posts

Posted by dompeilee > 2020-10-26 09:05 | Report Abuse

dompeilee Bought some Texchem @ 52c
09/09/2020 4:18 PM

SOLD 70% of my Texchem @ 74c

Posted by Fundamentalist91 > 2020-11-05 13:07 | Report Abuse

Guys, don't you see the red flag here? pass few months the founder himself and the company have been selling their own stocks, its not the time to buy again, wait under 0.5c to consider. There's no big moves from texchem, its all the same sushi and chemicals, and so it'll produce the same p/l as it always have.

NPRA1985

3,415 posts

Posted by NPRA1985 > 2020-11-07 02:26 | Report Abuse

Sinopharm Vaccine (linked to Kanger) is on track for full approval in November or December

“The most promising of these, developed by Wuhan-based Sinopharm, is already being given to frontline workers in the United Arab Emirates. According to Wu Guizhen, chief biosafety expert at the Chinese Center for Disease Control and Prevention, Sinopharm’s candidate is on track for full approval this month or next.”

https://www.foreignaffairs.com/articles/united-states/2020-11-05/china-winning-vaccine-race?amp=true

thesteward

6,782 posts

Posted by thesteward > 2020-12-08 23:09 | Report Abuse

Nta rm1.885 !! Last q eps over 6 sen !
Don’t miss this boat
Both recovery theme n health care theme

Albukhary

3,052 posts

Posted by Albukhary > 2020-12-09 01:43 | Report Abuse

Yup, Texchem is one of the MOST UNDERVALUE STOCK in Bursa Malaysia.

Target Price is RM1.30 minimum.

Posted by GeneTakavic > 2020-12-09 14:35 | Report Abuse

Vaccination started in UK. Anticipated the demand for Face-Shield will be diminishing in next six months, entailing the share price starts to drops, whereas the restaurant business that made RM20 mil loss one time this year would improve. Texchem's dilemma

thesteward

6,782 posts

Posted by thesteward > 2020-12-09 14:46 | Report Abuse

Can go far

Albukhary

3,052 posts

Posted by Albukhary > 2020-12-09 18:25 | Report Abuse

The best is yet to come.
Texchem is supply Nitrile Butadiene to Top Glove.
Nitrile Butadiene price has up 150%

Albukhary

3,052 posts

Posted by Albukhary > 2020-12-16 02:12 | Report Abuse

NTA RM1.88, most of the properties are undervalue.
Revised NTA could be RM2.88.

Albukhary

3,052 posts

Posted by Albukhary > 2021-01-08 00:30 | Report Abuse

With the high demand for Nitrile Butadine (Glove raw material), Texchem expected to achieve 100% growth rate in PAT coming quarter.

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=104909&name=EA_GA_ATTACHMENTS

Albukhary

3,052 posts

Posted by Albukhary > 2021-01-08 01:57 | Report Abuse

If coming quarter EPS 6 sen again, this counter will hit at least RM1.30

Albukhary

3,052 posts

Posted by Albukhary > 2021-01-16 00:10 | Report Abuse

SAMCHEM UP, LEXCHEM UP... TOMORROW IS TEXCHEM UP.

WHY TEXCHEM????

BECAUSE TEXCHEM IS LATEX BUTADINE SUPPLIER, THEY SUPPLIER LATEX BUTADINE TO GLOVE COMPANIES.

LATEX BUTADINE PRICE HAS UP 100% DURING Q4'2020.

Albukhary

3,052 posts

Posted by Albukhary > 2021-01-16 00:11 | Report Abuse

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=104909&name=EA_GA_ATTACHMENTS

Look at the last photo, they are with Top Glove Audit Team

Albukhary

3,052 posts

Posted by Albukhary > 2021-01-17 16:41 | Report Abuse

Coming week could reach 90sen?

Posted by GeneTakavic > 2021-02-02 14:34 | Report Abuse

Seems like 60 cent is max

Posted by ShinsukeNakamura > 2021-02-02 23:44 | Report Abuse

Hi Agnes

Albukhary

3,052 posts

Posted by Albukhary > 2021-02-17 01:29 | Report Abuse

Stay tune, 90 sen will coming soon

DreamKeeper

1,243 posts

Posted by DreamKeeper > 2021-02-17 02:12 | Report Abuse

.

DreamKeeper

1,243 posts

Posted by DreamKeeper > 2021-02-17 02:12 |

Post removed.Why?

DreamKeeper

1,243 posts

Posted by DreamKeeper > 2021-02-17 02:13 |

Post removed.Why?

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