Posted by Investformilkmoney > 2021-06-11 12:09 | Report Abuse

Seems many counter to hold tight tight like Texchem.

Posted by yuhang99 > 2021-06-12 16:36 | Report Abuse

MCO is good for texchem

Posted by Investformilkmoney > 2021-06-12 22:47 | Report Abuse

Why?

Posted by Albukhary > 2021-06-21 11:59 | Report Abuse

Accumulated some at this price level..
If can drop below 90sen level, then will collect more

Posted by Cockroach Paul Lee > 2021-06-22 02:34 | Report Abuse

努力 ，加油 ，撑过去。。。

Posted by Xxxting > 2021-07-12 07:08 | Report Abuse

its keep dropping deeper n deeper. hopefully the coming qtr will be good enuf or else again drop

Posted by Xxxting > 2021-07-12 07:08 | Report Abuse

ady drop 40% from high

Posted by happymiso > 2021-07-12 20:59 | Report Abuse

Cheap

Posted by Xxxting > 2021-07-13 09:38 | Report Abuse

if next quarter result not good . this counter will laosai again...me stuck at high wonder cutloss anot

Posted by Albukhary > 2021-07-14 00:44 | Report Abuse

So sad to see my favourite Texchem drop everyday.
Hope the dark will end soon.
I like Texchem because it is really undervalue, and I like chemical industries as I believe they will be continue growth for coming few years. That is why LUXCHEM, HEXTAR, SAMCHEM all focus on expansion, merger & acquisition recently.

Posted by Xxxting > 2021-07-14 04:20 | Report Abuse

albukhary did u still holding? or

Posted by Albukhary > 2021-07-23 14:10 | Report Abuse

Hi Xxxting... Yes, I am still holding Texchem, holding more n more.
My target very simple, now market cap is RM109mil.
Just the sush king franchise is worth RM100-200 mil minimum.
The industrial chemical business easily another RM100-150mil minimum.
Plus some other business, property, land, another RM50-100mil minimum

So, my minimum target is RM2.00.

Posted by happymiso > 2021-07-23 18:25 | Report Abuse

Seem no block. Easily fly anytime soon.

Posted by Albukhary > 2021-07-27 20:21 | Report Abuse

Result out, a bit disappointed, but expected as MCO 3.0 really affect Sushi King a lot.
Beside that, Q2 normally is the weakest quarter for Texchem (even before covid-19 pandemic),because of the 1 month Puasa did affect Sushi King a lot.

Fortunately, the Polymer and Industrial Chemical business is still doing well, this two segment minimum can generate RM20mil per annum. If based on recently M&A transaction in the chemical industry, the PE should be around 12 times. So this two segment worth at least RM240mil, while the company current market capital is RM100mil only.

Posted by happymiso > 2021-07-28 18:08 | Report Abuse

Hidden gem. Though mco will make business big losses but unexpected stil can remain gain. The other 2 sector demand increase lot, after MCO lifted, sushi king result should be back.

Posted by warrantKing > 2021-09-07 11:50 | Report Abuse

Yup , now sushi king can dine in alrdy , with 2 dose vaccinated.
Hopefully this sushiking no longer loss money . (Dun earn nvm, others sector like manufacturing / polymer ) sector will enough to give good profit

Posted by happymiso > 2021-09-16 22:06 | Report Abuse

Seem no hope d. Gg. Cut

Posted by Cockroach Paul Lee > 2021-09-24 00:29 | Report Abuse

ALL NEW JAPANESE FRIED CHICKEN !
And BONANZA RM3 …support support

Posted by Cockroach Paul Lee > 2021-10-06 22:29 | Report Abuse

每个月都买一点 ，坚持才是世上最难的事。

Posted by Albukhary > 2021-10-13 00:49 | Report Abuse

Engine start.
1st TP - RM0.90
2nd TP - RM1.10
3rd TP - RM1.30

Posted by stockraider > 2021-10-13 08:29 | Report Abuse

Go for it loh!

Turnaround & Recovery play loh!

Posted by tomanhead > 2021-10-13 10:23 | Report Abuse

Ha ha ha ha ha … all the way to the bank

Posted by thesteward > 2021-10-13 10:24 | Report Abuse

Can go makan at sushi king liao dining

Posted by thesteward > 2021-10-13 10:25 | Report Abuse

If break 88 hopefully spike

Posted by Xxxting > 2021-10-13 10:30 | Report Abuse

albukhary sir may i know whats ur avg price?? im curious bout it

Posted by Albukhary > 2021-10-13 10:40 | Report Abuse

TP 1 hitted

Posted by Albukhary > 2021-10-13 10:41 | Report Abuse

My average cost below 70sen, I hold very long term 1, I can hold 3-5 years 1.

Posted by Albukhary > 2021-10-13 13:59 | Report Abuse

Sushi King business is very good.
Chemical business also very good.
LifeScience business also very good.
Myammar fisheries business back to normal.
Property is at strategic location.
Property market value is much much higher than book value.
NTA RM2.00
124mil share only.
Market cap RM111mil.
Last time Chicken Rice Shop sold to Japanese buyer for RM200mil.
Don't you think Sushi King will worth at least RM300mil.

You judge yourself.

Posted by tomanhead > 2021-10-14 10:33 | Report Abuse

One day show ???

Posted by Albukhary > 2021-10-18 00:25 | Report Abuse

More to come, please see my target price.
Stage by stage

Posted by veritas > 2021-10-23 08:33 | Report Abuse

Who is the head of Sushi King operations ?

Posted by Karma4444 > 2021-10-26 12:59 | Report Abuse

Lai liao lai liao

Posted by Karma4444 > 2021-10-26 13:28 | Report Abuse

Next week 1.20

Posted by Albukhary > 2021-10-26 18:25 | Report Abuse

2nd TP - RM1.10 will achieve soon.

Sushi King business is very good.
Chemical business also very good.
LifeScience business also very good.
Myammar fisheries business back to normal.
Property is at strategic location.
Property market value is much much higher than book value.
NTA RM2.00
124mil share only.
Market cap RM111mil.
Last time Chicken Rice Shop sold to Japanese buyer for RM200mil.
Don't you think Sushi King will worth at least RM300mil.

Posted by Karma4444 > 2021-10-26 21:10 | Report Abuse

no dividen cb stock

Posted by Cockroach Paul Lee > 2021-10-27 00:17 | Report Abuse

Yahooooooooooooo …… SushiKing bento earned. Haha

Posted by thesteward > 2021-10-27 08:24 | Report Abuse

Ya sushi king good

Posted by lomas > 2021-10-27 09:04 | Report Abuse

wow... stock price RM1.11 now
congratulations to those who still holding until now

Posted by Karma4444 > 2021-10-27 10:21 | Report Abuse

Next week 1.30

Posted by Karma4444 > 2021-10-27 14:49 | Report Abuse

profit taking sell like mad?

Posted by jeannie > 2021-10-27 17:39 | Report Abuse

been holding and losing...finally can see some light haha

Posted by Kim33 > 2021-10-28 14:19 | Report Abuse

Keep dropping

Posted by Karma4444 > 2021-10-28 16:54 | Report Abuse

sushi king kena grill liao

Posted by Karma4444 > 2021-10-28 16:57 | Report Abuse

sushi king kena grill liao

Posted by Cockroach Paul Lee > 2021-10-30 13:18 | Report Abuse

Budget 2022 good for consumers market ! Spend more money , spend more at SushiKing ! Hehe

Posted by Karma4444 > 2021-10-31 18:57 | Report Abuse

Tomorow klci kena grill 9696

Posted by Cockroach Paul Lee > 2021-11-06 02:10 | Report Abuse

Grill chicken wings! Grill seafood! Huat ah

Posted by Albukhary > 2021-11-09 00:23 | Report Abuse

1st TP - RM0.90 (Achieved, and stay firm above it)
2nd TP - RM1.10 (Achieved, but drop back, will touch it again soon)
3rd TP - RM1.30 (Coming soon)

Sushi King business is very good (super good, need to wait for seat).
Chemical business also very good. (No more MCO, can run at 100% capacity)
LifeScience business also very good. (No more MCO)
Myammar fisheries business back to normal. (Political more stable compare to last quarter)
Property is at strategic location. (waiting for revaluation)
Property market value is much much higher than book value.
NTA RM2.00
124mil share only.
Market cap RM111mil.

Last time Chicken Rice Shop sold to Japanese buyer for RM200mil.
Don't you think Sushi King will worth at least RM300mil.

Hextar bought a lot of chemical company at high price.
If Hextar want to acquired Texchem Chemical business (Industry chemical + Life Science), I think minimum it will offer RM300mil.

So, TEXCHEM is worth RM300m + RM300m = RM600m.

RM600mil / 125mil unit of share = RM4.80 per share.

Give it a superb durian runtuh discount of 50%, still worth RM2.40 minimum.

Posted by Cockroach Paul Lee > 2021-11-16 00:10 | Report Abuse

Good article to share! But why post in Texchem ? Here only little kittens 1-2-3 lol
I share one song here too : no fear in my heart 朴树

Posted by Albukhary > 2021-11-30 11:01 | Report Abuse

TEXCHEM, still the most undervalue stock.

Industrial Chemical Segment - Super Good.

F&B Sushi King -Super Good, all restaurant still full with patron.

Fishing - Myammar business return to profit.

This is the one of the best recovery stock to bet for 2022.

Minimum target price - RM2;00