TEXCHEM RESOURCES BHD

KLSE (MYR): TEXCHEM (8702)

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Last Price

0.95

Today's Change

+0.015 (1.60%)

Day's Change

0.93 - 0.95

Trading Volume

255,800


9 people like this.

1,919 comment(s). Last comment by UnicornP 1 week ago

Posted by Sebastian Sted Power > 2017-02-25 00:29 | Report Abuse

Just dont bother that Alzheimer's patient.

However I already keep this counter for few years and optimized with the business. Not like some ppl after found good QR then suddenly come here blow and blow

HowAh

963 posts

Posted by HowAh > 2017-02-25 07:48 | Report Abuse

How can this be good quarter? The gain is from disposal of fumakila It's still making losses....

Posted by caveatemptor2050 > 2017-02-26 21:58 | Report Abuse

I am worried when CALVIN start making comments to promote TEX.
Last year he made so much noise on BINA PURI and what happened to the share price?

All the while long term holders like Sebastian, Sapura and incorrect......

Meanwhile, March is the month to watch what happens and how good Lippun is in this counter as he holds more than majority of the shares.

As a long term holder who recently join this forum I am considering what uncle Koon says, if profit not good to dispose and disappear from the the top 10 of the shareholding list!

Otherwise, need to consider Share Split (50 sen?) and or Bonus? And spread the shareholding.

My two sen.....

calvintaneng

56,158 posts

Posted by calvintaneng > 2017-02-27 09:43 |

Post removed.Why?

calvintaneng

56,158 posts

Posted by calvintaneng > 2017-02-27 10:57 | Report Abuse

Coming proposed dividend is 10 cts or 6.7%

If due to Cash infusion from fumakilla sale a Special dividend of 5 cts added

Then Texchem will give a nice 10.08% yield.

This is another TMakmur in the making.

Jack Leo

230 posts

Posted by Jack Leo > 2017-02-27 11:09 | Report Abuse

Go-go texchem.. Go go..

desire

767 posts

Posted by desire > 2017-02-28 09:19 | Report Abuse

Ok. I follow Calvin texchem at 1.46. Buyer today is me

mayzam

268 posts

Posted by mayzam > 2017-02-28 11:59 | Report Abuse

Good promoter haa..haa..

Posted by 專情の團長 > 2017-02-28 14:05 | Report Abuse

謝謝calvintaneng給大家提供寶貴意見的說

Posted by Sebastian Sted Power > 2017-02-28 19:10 | Report Abuse

This counter I will only respect Sapura's comments

calvintaneng

56,158 posts

Posted by calvintaneng > 2017-03-01 12:52 | Report Abuse

Hi guys,

If you go AGM tell the Nihon Directors to increase dividend to 15 cts since fumakilla has been disposed.

And to pay more future dividends go revalue all 11 Assets, book them a profits, then give out more dividends.

This is the surest way to ADD VALUE for all shareholders.

This should and have been done before.

See

Shareholders of Pm Corp asked for CASH PAYOUT. And later Pm Corp management gave a generous 8 cents special cash payout.

Posted by Sebastian Sted Power > 2017-03-06 14:58 | Report Abuse

yesterday I really dream of texchem announced 10cents special DIV. Hope my dream come true

calvintaneng

56,158 posts

Posted by calvintaneng > 2017-03-06 15:22 | Report Abuse

Whoa!

TEXCHEM IS ANOTHER FUTURE AJINOMOTO!!

Last time Calvin and Johor Sifu MG9231 bought Ajinomoto at only Rm2.50

Ajinomoto is now a 6 bagger with dividends.

Those Ajinomoto Nihon Directors done a great job. Calvin saw those precious Kuchai road lands now taken by Bandar Malaysia for a cash windfall.

Now is Texchem's turn. Texchem got 11 pieces of prime lands. Far more than Ajinomoto.

Will Texchem share price rise up to Rm13 like Ajinomoto

Long live Nihon Jin!!

calvintaneng

56,158 posts

Posted by calvintaneng > 2017-03-06 22:58 | Report Abuse

Good news for Texchem

http://www.thestar.com.my/business/business-news/2017/03/06/texchem-invests-rm74mil-to-boost-performance/

TEXCHEM Will Be Another Ajinomoto!!

Jack Leo

230 posts

Posted by Jack Leo > 2017-03-07 19:46 | Report Abuse

^^ the above news will signal that there will be no dividend being issued.
Sad..

calvintaneng

56,158 posts

Posted by calvintaneng > 2017-03-07 20:24 | Report Abuse

No need to be sad.

These Nihon Jin are honestly hard working fellas

1) Expand production in Myanmar
2) Expand production in Vietnam
3) Start more Sushi King outlets.

As long as they didn't suck the Cash but use it productively for the good of the company it is a good move.

Last time Ajinomoto closed part of the factory in Kuchai Lama for renovation & people sold down Ajinomto shares to below Rm2.50

That was the time to buy Ajinomoto

AND NOW IS THE BEST TIME TO BUY TEXCHEM WHEN SO VERY FEW PEOPLE ARE INTERESTED.

Jack Leo

230 posts

Posted by Jack Leo > 2017-03-09 12:04 | Report Abuse

No movement . So boring... Need to put this stock in the freezer ady

calvintaneng

56,158 posts

Posted by calvintaneng > 2017-03-09 15:47 | Report Abuse

Buy before run away!

calvintaneng

56,158 posts

Posted by calvintaneng > 2017-03-13 17:23 | Report Abuse

Nihon Jin buying 1 lot to support price.

Posted by caveatemptor2050 > 2017-03-14 21:38 | Report Abuse

Wow....now attacking! AGM coming.... best to attend and speak out. Calvin, why dont you come to Penang for teo chew chendol and laksa and left hand kuih teow at Keng Kwee and attend AGM at Jens?

As Uncle Koon says, share split and bonus would be good. Volume has increased the past month but not much excitement yet.

Best chase Jaks where uncle Koon is playing!

HowAh

963 posts

Posted by HowAh > 2017-03-15 01:50 | Report Abuse

Kapow?

calvintaneng

56,158 posts

Posted by calvintaneng > 2017-03-17 10:13 | Report Abuse

Wahaha!

Masteel up!
Media also up!!

When will Texchem move up!!!

So buy while still cheap!!

calvintaneng

56,158 posts

Posted by calvintaneng > 2017-03-17 11:54 | Report Abuse

The time to buy is when people are full of doubt with naysayers around.

Last time Calvin bought Pm Corp at 7.5 cts when people said bad stuff about KKP.

Calvin bought Jaks at 40 cts when people said Jaks got projects but price never move.

Calvin bought Malton at only 30 cts when people said Malton Directors paid themselves millions
while giving peanut dividend to shareholders.

Naysayers?

They helped Calvin to buy Value shares at even cheaper prices.

YAHOO!!

Posted by caveatemptor2050 > 2017-03-17 20:07 | Report Abuse

Write a comment..My2 sen to "incorrect".....you must know that the local directors and CEO does not own shares in the company. They are contented with new Merc regularly and big fat salaries. Lippun holds majority of shares and so too little in the open market to goreng

Calvin... you are making comments that are absurd. Tex is not a dinosaur to wake up like AJInomoto. Sushi King products are not that tasty and Japanese standard. Are you and group from Singapore trying to stir up the price?

January 2017 already 10 sen dividend paid out.

Whether another 5 sen to be announced?

Best is share split, bonus and warrants to have some excitement.

Overall volume of transactions has increased but price still below 1.50 and hopefully next week when 2016 results announced there may be profit..... the sales of Fumakila will help the balance sheet but not the profit.

Posted by caveatemptor2050 > 2017-03-20 16:54 | Report Abuse

A lot of us are fed up with the unexciting price and movement of TEX the dinosaur
But wait till end of month for 2016 results and see if there is profit or not.
Then exit from the top ten like uncle Koon

calvintaneng

56,158 posts

Posted by calvintaneng > 2017-03-20 17:00 | Report Abuse

Haha!

Tired of waiting?

Actually opportunity to buy cheap!

Last time when Calvin called for a strong buy on Jaks at only 40 cts

See

Posted by calvintaneng > Dec 16, 2014 03:00 PM | Report Abuse X

Whoa!

Top boss bought at 44 cents and above, millions of them. Anything below 40 cents is a bargain!

So don't wait or else Jaks jump Jump JUMP Up And Away!

On DECEMBER 16TH 2014 when Jaks was 40 cts Very Few People Were Paying Attention. That was the TIME TO BUY THEN. Now Jaks up over 200% & people are hotly pursuing to their detriment.

So Calvin say Now is the TIME TO LOAD UP ON TEXCHEM

calvintaneng

56,158 posts

Posted by calvintaneng > 2017-03-22 11:55 | Report Abuse

Whoa at rm1.43 Texchem is now the best value buy!

Posted by caveatemptor2050 > 2017-03-22 20:34 | Report Abuse

Calvin, are you and your group the one trying to buy at 143 and 142?

Next week we will see what happens when 2016 unaudited profit or loss announced
I hope for all of us.... Tex wont crash like it did after 10 sen dividend paid.
Next week before 31 March watch out.... unless Friday there is announcement

All the best to those who have been holding a long time!

culbertlim

393 posts

Posted by culbertlim > 2017-03-22 21:26 | Report Abuse

stupid stock has stupid investors

calvintaneng

56,158 posts

Posted by calvintaneng > 2017-03-24 09:16 | Report Abuse

This laggard is now safer than many high flying balloon stocks without fundamental.

Why texchem is good.

1. Selling at more than 30% discount to Nta provides margin of safety.

2. All the assets are still at old book value. All in excellent locations. Last round I bought Super Enterprize because it has 8 industrial factories. Super taken private later for 200% upside.

3. With sale of fumakilla divvy might be increased to 15 cts

4. Core business of producing seafood in myanmar and selling in retail outlets for maximum profit is an ideal business.

5. With crash of ringgit influx of tourists will increase. Expect brisk business at all 100 Sushi King outlets in Malaysia

6. Expansion to Brunei points to bright future like ajinomoto. Unlike ajinomoto which i bought for rm2.50 Texchem is still a bargain.

7. All the yardsticks of Nta, dividend and p/e show that Texchem is a value buy.

calvintaneng

56,158 posts

Posted by calvintaneng > 2017-03-29 13:22 | Report Abuse

Whoa!

Just had a nice lunch at Sushi King at Citysquare in JB!

Sabah fish with mushroom vege soup! Few types of mushroom and rice. Very nice and hearty meal. The soup is light and the fish well roasted.

I finished the last drop of soup and the last grain of rice. And oh, so early today a nice crowd is building up. I heard on weekends the place is packed with both Johoreans and Singaporeans.

Last time my Johor Sifu bought KFC shares because Malaysia is a majority muslim nations where eating pork is taboo. So KFC should do well.

And KFC did so well that Johor Cop took it private.

Hmm?

Sushi King should also do well as it is 100% halal. And with cheap ringgit more tourists will be patronising at over 100 Sushi King outlets.

Will Sushi King be another KFC or Ajinomoto?

calvintaneng

56,158 posts

Posted by calvintaneng > 2017-03-30 09:09 | Report Abuse

So quiet overlooked and misunderstood?

Time to buy more!

YAHOOO!!!!!

calvintaneng

56,158 posts

Posted by calvintaneng > 2017-03-30 15:05 | Report Abuse

Incorrect? not correct by Mr Market fear?

Don't worry!

Follow Intrinsic Value.

Texchem is selling at 30% to Nta. Its Nta is backed by high value assets.

Producing seafood in low cost myanmar and selling in over 100 Sushi King in Malaysia is a viable business.

Plus high divvy of 10 cts to 15 cts year makes Texchem very attractive

Posted by Sebastian Sted Power > 2017-03-30 18:18 | Report Abuse

Type of Meeting Annual General Meeting
Indicator Notice of Meeting
Description Notice of 43rd Annual General Meeting of Texchem Resources Bhd.
Date of Meeting 24 Apr 2017
Time 11:00 AM
Venue Pinang Ballroom, Level 3, Jen Hotel, Magazine Road, 10300 Penang
Date of General Meeting Record of Depositors 17 Apr 2017

Posted by caveatemptor2050 > 2017-03-30 21:57 | Report Abuse

Notice of AGM.... no dividend or any special news announced. TEX the dinosaur still sleeping

Can we attend the AGM and ask questions? All those in this forum who still hold shares.

My offer to Calvin... come attend and then go for laksa and cendol and left hand fried kuih teow nearby!

Posted by caveatemptor2050 > 2017-04-03 12:55 | Report Abuse

Annual accounts out....

Capital reserves enough for share bonus and or share split

But Chairman holding most of the shares... directors nothing to shout on their shareholding

No more dividend to declare

No movement of share price too.... disappointing

calvintaneng

56,158 posts

Posted by calvintaneng > 2017-04-03 13:32 |

Post removed.Why?

sapurakencana

1,144 posts

Posted by sapurakencana > 2017-04-03 14:16 | Report Abuse

agreed with u,

thomc

66 posts

Posted by thomc > 2017-04-04 00:15 | Report Abuse

indeed very true, agreed with you and still holding tight

HowAh

963 posts

Posted by HowAh > 2017-04-04 00:21 | Report Abuse

Sideways for 2 bloody years.... If it comes it'll be explosive... IF if comes

Posted by caveatemptor2050 > 2017-04-04 21:18 | Report Abuse

Jaks keep on moving UP..... Tex keeps on sideways and downwards

By end April let us see and compare both counters!

Posted by caveatemptor2050 > 2017-04-07 20:49 | Report Abuse

Today Tex volume increased.....but price fell. I wonder if C gang is buying a lot as noted in the buying support (but at lower prices?). I guess by month end during AGM price support will be better. If not to lock up and throw away the key and wait for dividend announcement

thomc

66 posts

Posted by thomc > 2017-04-07 22:04 | Report Abuse

Anyone going for the AGM end of this month? Too bad I just came back from Penang last month. Passed by Texchem like I passed by Gkent more than a year ago. That time I remember not many people convince to keep. Price for Gkent now went up almost 300%. Now is time for Texchem to fly.

Today buy on weakness. Sapu as much as possible. Next week sapu again.

Posted by Sebastian Sted Power > 2017-04-10 11:33 | Report Abuse

before AGM the price will up, lippun will buy back just to wayang

thomc

66 posts

Posted by thomc > 2017-04-10 21:45 | Report Abuse

lippun ah..don't be so kiam siap ah.. where is my 5 cents dividend after disposed Fumakilla. Don't wait until people ask during the AGM.

Posted by caveatemptor2050 > 2017-04-11 22:37 | Report Abuse

I don't think another dividend will be announced at agm.....
Just wait for 25th April and see if the price does make any upward movement by that date
or after that date.
I guess price will remain below 1.50. My2sen view.
Tex the dinosaur!

Posted by Sebastian Sted Power > 2017-04-25 13:51 | Report Abuse

anyone attend AGM today? Can share info?

Posted by caveatemptor2050 > 2017-04-25 18:20 | Report Abuse

AGM over...... price not moving...... beware of TEXsCHEMERS!

Guess another month of idle movement even though market is bullish

Posted by Sebastian Sted Power > 2017-04-25 23:53 | Report Abuse

Texchem Resources Bhd's restaurant division is expected to double its gross profit and drive up revenue by 17% to 20% in its financial year ending Dec 31, 2017 (FY17), said its executive chairman Tan Sri Fumihiko Konishi.

After the group’s annual general meeting today, he told reporters that growth is showing in the restaurant division, particularly its Sushi King restaurant chain which is recording a recovery after the impact of the goods and services tax (GST) implementation in 2015.

Konishi said the group also plans to expand its Sushi King outlets to 130 this year from 113 now, opening in smaller towns where there has been an increase in demand.

Nonetheless, he noted that Texchem is being affected by higher raw material cost, and the group is trying to source for localised raw materials which is in line with management’s ongoing halal certification effort.

Posted by Sebastian Sted Power > 2017-04-26 09:17 | Report Abuse

lippun you so kind buy all the 40,000 unit of 1.48

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