Posted by anthonytkh > 2022-05-20 16:30 | Report Abuse

I think with borders reopening and anticipated 2 million tourists in MY for this year, it’s likely their Sushi King biz will grow (locals, tourists). I’m actually more excited about their TEXa biz, still handsome profits and is a ESG (the E) biz

Posted by anthonytkh > 2022-05-20 16:45 | Report Abuse

Haha, just a few minutes after my post and sellers got taken out!

Posted by troy88 > 2022-05-20 16:55 | Report Abuse

Another strong closing. Well done!

Posted by gemfinder > 2022-05-20 17:07 |

Post removed.Why?

Posted by wallstreetrookie > 2022-05-21 12:50 | Report Abuse

Albukhary buying Gas Malaysia lmao

Posted by bulldog > 2022-05-22 16:13 | Report Abuse

Accumulation in progress


Huat chaiii

Posted by wolfofWS > 2022-05-23 08:53 | Report Abuse

Texchem Resources - Poised for further growth across all key business pillars (Fundtech Radar - Non-rated)

Posted by gemfinder > 2022-05-23 12:44 |

Post removed.Why?

Posted by Olivergamble0281 > 2022-05-24 15:55 | Report Abuse

more discount ?

Posted by ChongLeeWoon > 2022-05-24 21:58 | Report Abuse

TEXCHEM
Strong buying momentum explained (and why investors find it still very cheap!!)

- total shares only 124 million
- at today's closing RM3.6, market cap only RM449m

They reported Q1 PAT RM13m,
assuming full year 4 quarters
RM15m x 4 = RM60m PAT

- Giving a conservative PE 15x, market cap = RM900m
- 900m market cap / 124m shares = RM7.25

Next year possibly can hit RM20m PAT per quarter with expansion of restaurant and food biz, with higher PE for high growth....

RM20m x 4 = RM80m
RM80m × PE20 = RM1.6b?
RM1.6b / 124m = RM12.9 per share?

Posted by ChongLeeWoon > 2022-05-24 21:59 | Report Abuse

When you match Texchem's earnings record and the growth potential, then you would realize that the rise in share price is not scary at all... It is backed by practical finance theory and simple mathematics. Suddenly it makes total sense.

It is simply a value-discovery phenomenon which happens every year in Bursa where multi-baggers outperform the entire market.

Question is, are you intimidated purely by the price action, or do you understand the story behind to know that it is not magic but logic?

Big whales don't want you to know the sushi story because they wanna grab the whole buffet to themselves at below RM4.50-5.00! But in this new world of free market, everyone should prosper together.

And nobody should miss this Stock of The Year 2022.

Posted by brian3381 > 2022-05-24 22:35 | Report Abuse

Huat chai

Posted by samchong6891 > 2022-05-26 17:43 | Report Abuse

Gen2 is that you mean sushi king will reported losses if not perform well ?

Posted by anthonytkh > 2022-05-26 18:42 | Report Abuse

Lol @samchong

Posted by samchong6891 > 2022-05-27 13:48 | Report Abuse

Anthonytkh Why u laugh me ? Haha

Posted by anthonytkh > 2022-05-27 15:34 | Report Abuse

Sam, not laughing at you lah! But in many cases, if a company don’t perform well, losses can happen lor :)

Posted by anthonytkh > 2022-05-27 15:35 | Report Abuse

Btw, Texchem just became shariah-compliant. This is very important news

Posted by Jokers2020 > 2022-05-27 16:26 | Report Abuse

starbuck can up so will sushi king..long queue at sushi king these few weeks

Posted by samchong6891 > 2022-05-27 16:27 | Report Abuse

Anthony , haha i just confused what Gen2 say ... Is that texchem become shariah stock ?

Posted by anthonytkh > 2022-05-27 17:09 | Report Abuse

Sam, Gen2 (as well as others, incl myself) can do his own calculated projections. His post was solely on Sushi King

My bets were not only on Sushi King but the huge potential in their polymer (TEXa brand) biz. This is the E in ESG. Please browse thoroughly Texchem’s website

And, yes, Texchem became a shariah stock this week

Posted by anthonytkh > 2022-05-27 17:12 | Report Abuse

This whole week the buying was weak. Likely investors bought to support major drop (happened a few times this week) due to calculations. Long time investors took profit, less and less potential investors jumping in (they’re watching tho…….)

Posted by RiskTrader178 > 2022-05-27 17:33 | Report Abuse

what are the benefits when it is a shariah-complaint?

Posted by DickyMe2 > 2022-05-27 17:39 | Report Abuse

" Posted by RiskTrader178 > 5 minutes ago | Report Abuse

what are the benefits when it is a shariah-complaint?"
==========================

Maybe entitled to government bailout!

Posted by DickyMe2 > 2022-05-27 17:40 | Report Abuse

Syariah compliant is a subtle way of taking over a company, my 2 cents.

Posted by anthonytkh > 2022-05-27 18:08 | Report Abuse

Risktrader, many investors/traders will never buy a non-shariah counter due to their religious beliefs. It’s completely understandable. Perhaps news of this will break by some media outlets and volume (good, or bad) will go north

Posted by anthonytkh > 2022-05-27 18:12 | Report Abuse

Dicky, that is absolutely unproven. But if a takeover happens, may it be a great deal for shareholders. Even then, it will result in an EGM

But I seriously doubt it. Why should they?

Posted by brian3381 > 2022-05-31 09:48 | Report Abuse

huat chaiiii

Posted by bulldog > 2022-05-31 11:04 | Report Abuse

Accumulation in progress


Huat chaiii

Posted by anthonytkh > 2022-05-31 13:17 | Report Abuse

Lol Gen2 deleted his post

Posted by PunTatBerSiul > 2022-05-31 14:18 | Report Abuse

Halal certification is a money making scheme.
Is a form of tax masked under religious compliance..
Creative way of milking people's money.

Posted by brian3381 > 2022-05-31 15:47 | Report Abuse

huat chaiiii

Posted by Albukhary > 2022-05-31 16:52 | Report Abuse

Hi All, my journey with Texchem has come to the end, as I have reached my destination.
I believe this train will still continue to go on... wish everyone who still one the train can have a fruitful journey.
Wish everybody huat huat huat!

Posted by ChongLeeWoon > 2022-05-31 23:12 | Report Abuse

Sushi boys and girls happily taking small profits.

Sushi master taking all the early sellers and in a few months sell premium fatty tuna sushi at RM5-6 a piece back to the boys and girls.

Posted by brian3381 > 2022-06-01 09:58 | Report Abuse

huat chaiii

Posted by wallstreetrookie > 2022-06-01 12:24 | Report Abuse

Albukhary taking profits from Texchem to buy Gas Malaysia

Posted by wallstreetrookie > 2022-06-01 12:25 | Report Abuse

Albukhary:
Texchem >>> Gas Malaysia

Posted by wallstreetrookie > 2022-06-01 12:25 | Report Abuse

Disclaimer: I am just guessing

Posted by brian3381 > 2022-06-01 17:11 | Report Abuse

tomorow cross rm4!!!

Posted by clouud1234 > 2022-06-02 07:40 | Report Abuse

cross up to another higher level

Posted by troy88 > 2022-06-02 12:03 | Report Abuse

Still solid

Posted by brian3381 > 2022-06-02 19:14 | Report Abuse

Weak holders kickout

Posted by wallstreetrookie > 2022-06-07 09:19 | Report Abuse

Albukhary dumping Texchem to buy Gas Malaysia. Game over

Posted by wallstreetrookie > 2022-06-07 10:18 | Report Abuse

Someone is reading i3 forum again. Jesus christ you guys are so predictable

Posted by wallstreetrookie > 2022-06-07 10:19 | Report Abuse

Good intraday profits

Posted by wallstreetrookie > 2022-06-07 10:28 | Report Abuse

EPF bought Gas Malaysia. Just noticed. Since Albukhary is a legendary investor, he wouldn't be that dumb right?

Posted by wallstreetrookie > 2022-06-07 10:28 | Report Abuse

Everyone knows EPF is a bad investor

Posted by wallstreetrookie > 2022-06-07 10:39 | Report Abuse

Albukhary

Posted by wallstreetrookie > 2022-06-07 10:41 | Report Abuse

Albukhary, bring us to the moon

Posted by brian3381 > 2022-06-07 10:43 | Report Abuse

cantik

Posted by brian3381 > 2022-06-07 11:09 | Report Abuse

sold 3.86 for contra gain. old stock hold tight tight....