LUXCHEM CORPORATION BHD
KLSE (MYR): LUXCHEM (5143)
You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!
Last Price
0.545
Today's Change
-0.005 (0.91%)
Day's Change
0.54 - 0.56
Trading Volume
38,200
Market Buzz
Discussions
5 people like this. Showing 50 of 4,449 comments
Was hoping for 2c dividend after they skipped last quarter with no dividend. But looking at long term, LUXCHEM is on the right track.
2022-02-18 08:28
Got profit also, share price going down..what is on right track? Going dowm arrr
2022-02-18 09:27
Yes, with 208m cash in hand, one sen dividend is disappointing. Bank borrowing is only 84m. The management has not indicated how they intend to use the money. The inventory of 130m is much higher than the 73m in 2020. This should be good as cost has risen lately.
2022-02-18 10:01
Agree with Brutus that long term prospect is bright, especially their expansion into the China market. From 24,000 to 28m. The export expanded 47% too. The growth is commendable.
2022-02-18 10:48
Should let the big boss' son get slapped at hotpot restaurant ... Luxchem sure spike to 85sen. HAHA
2022-02-18 11:24
Just collect. This counter is the most laggard compared to other HC related counter, once they all at rest this counter will shoot up. Fundamentally is promising
2022-03-17 11:36
PROPOSED RENEWAL OF SHARE BUY-BACK OF UP TO TEN PERCENT (10%)
OF THE TOTAL NUMBER OF ISSUED SHARES OF LUXCHEM CORPORATION
BERHAD
(“PROPOSED RENEWAL OF SHARE BUY-BACK MANDATE”)
2022-04-06 21:25
A big gameplay might be coming this year or next year or next next year. HAHAHA
2022-04-07 22:18
https://www.theedgemarkets.com/article/luxchem-acquire-block-n-jaya-one-rm1998-mil
KUALA LUMPUR (April 20): Plastic material and resin manufacturer Luxchem Corp Bhd has proposed to acquire a leasehold property in Petaling Jaya, Selangor, for a total consideration of RM19.88 million.
The company said it intends to shift its head office to the newly acquired property, amid space constraints at its existing head office situated in Damansara Utama.
According to Luxchem’s bourse filing, Luxchem Trading Sdn Bhd (LTSB), a wholly-owned subsidiary of the company, has entered into a sale and purchase agreement (SPA) with Worldwide Emergency Assistance (Malaysia) Sdn Bhd to purchase the whole of Block N at Jaya One, Petaling Jaya.
The property has a built up area of 28,578.2 sq ft, with a 99 years leasehold tenure due to expire on May 28, 2105. It is also free from all encumbrances and not subject to any restriction in interest.
Luxchem said the purchase price was arrived at on a willing buyer-willing seller basis after taking into consideration the assessment on the location, accessibility, suitability of the site, availability of public services and development of the surrounding area.
“The settlement of the purchase price will be funded by cash via internally-generated funds and bank borrowings,” it said, adding that the proposed acquisition is expected to be completed within three months from the date of the SPA.
Luxchem’s share price finished 2.14% or one and a half sen lower at 68.5 sen on Wednesday (April 20), bringing it a market capitalisation of RM732.86 million.
2022-04-21 09:56
"for a total consideration of RM19.88 million."
==================================
Unproductive expense, minus from profit if any.
2022-04-25 10:19
LIM KUANG SIA (49,200,000 units Acquired)
CHOW CHENG MOEY (49,200,000 units Disposed)
Right hand to Left hand
Kiri Kanan
Depan cucuk keluar belakang.
Net = 0
2022-08-29 11:15
bad result,but price hold steady. so, once earning improve, possible price jump.
2022-12-05 18:56
This counter got no new business. They still selling char koay teow at roadside stall and expect to hit billion dollar sales.
2023-03-09 10:22
Further to the Previous Announcements, the Company wishes to announce that legal team of the Defendant would like to resolve the case through mediation and the Plaintiff concurred with the proposal.
The legal team of the Company has received a letter dated 4 April 2023 from the State Court of Selangor, informed that the Court had fixed the mediation on 19 April 2023, at 11:00AM, at Shah Alam Court Mediation Centre.
2023-04-06 16:05
Mediation will fail. You cannot trust the defendant. They are just buying time.
2023-04-07 16:43
Red Alert!
Gradual reducing revenue and profit, quarter after quarter.
Sinking ship!
2023-05-02 22:54
Yes! The only thing they do consistently is pay dividend. However it is not sufficient to cover your initial investment as it may takes decades to recover it with their pittance dividend payout. It's not I have grudge with Chinese, but a trend is observable. Majority of Chinese companies with link to China, initially show some prospect but they quickly decline and become corrosive similar to rusty metal. There are a bunch of them listed in KLSE junkyard stock bourse.
2023-06-08 12:42
"Posted by gushenzhilu > 2022-04-07 22:18 | Report Abuse
A big gameplay might be coming this year or next year or next next year. HAHAHA"
==================================
Well, I am still waiting for that gameplay which you mentioned a year ago.
2023-06-08 12:52
This fellow hiked up no of shares by printing ESOS.
In 2014 increase of 100%
In 2017 increase of 300%
Current increase ~15%
They diluted it and now buying back their own shares.
It is limbo rock show!
2023-06-08 13:02
A stock that i trapped myself for a year with lost, but continue to average down this stock.. hold long as long as continue giving dividend.
2023-08-27 23:17
You need to wait for 25 years to get back your full investment capital without profit, assuming they give 4% dividend annually, while the real value of share drops to toilet paper price.
What you would have gain is wrinkles unhappiness, mental instability and always depressed emotion over that much years without any profit.
2023-09-28 15:00
And..4% annual dividend, I am being generous here when the reality stinks.
So be sure to add more years of misery to regain your CAPITAL.
2023-09-28 15:02
Luxchem 51cents
Buy on weaknesses if got dip below 49 cents
15 trading days period and try
60 cents range
30/10/23 12.17am
2023-10-31 00:17
Post a Comment
Featured Posts
Apps
Top Articles
2
3
4
TA Sector Research
6
7
8
BFM Podcast
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
thesteward
Wow this quarter report hugest revenue n PBT before tax in 5 years?
2022-02-18 07:06