TEXCHEM RESOURCES BHD
KLSE (MYR): TEXCHEM (8702)
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Last Price
3.43
Today's Change
-0.03 (0.87%)
Day's Change
3.40 - 3.56
Trading Volume
399,400
Overview
Market Cap
428 Million
NOSH
125 Million
Avg Volume (4 weeks)
1,574,731
4 Weeks Range
2.70 - 3.80
4 Weeks Price Volatility (%)
66.36%
52 Weeks Range
0.715 - 3.80
52 Weeks Price Volatility (%)
88.01%
Previous Close
3.43
Open
3.48
Bid
3.41 x 5,400
Ask
3.43 x 5,900
Day's Range
3.40 - 3.56
Trading Volume
399,400
Financial Highlight
Latest Quarter | Ann. Date
31-Mar-2022 [#1] | 25-Apr-2022
Next QR | Est. Ann. Date
30-Jun-2022 | 27-Jul-2022
T4Q P/E | EY
13.71 | 7.29%
T4Q DY | Payout %
0.00% | 0.00%
T4Q NAPS | P/NAPS
2.28 | 1.51
T4Q NP Margin | ROE
2.89% | 10.99%
Market Buzz
2022-05-26
2022-05-24
News and Blogs
Company Profile
Sector: INDUSTRIAL PRODUCTS & SERVICES
Sector: INDUSTRIAL PRODUCTS & SERVICES
Subsector: DIVERSIFIED INDUSTRIALS
Subsector: DIVERSIFIED INDUSTRIALS
Description:
Texchem Resources Bhd is an investment holding company. The group has four business divisions namely industrial, polymer, engineering, food, and restaurant. The products under industrial segments are plastic resins, rubber/latex chemicals, PVC resins and additives, adhesive chemicals, food ingredients, dyestuff and textile auxiliaries. The polymer division designs new polymer solutions and designs for industries such as data storage industry, semiconductor, consumer electronics and electrical, telecommunications and life science industry. The restaurant division operates restaurant brands such as sushi king, Miraku, Goku Raku Ramen, Yoshinoya, Hanamaru Udon and Doutor Coffee. The Malaysian market contributes most to the company's revenue.
Discussions
5 people like this. Showing 50 of 1,625 comments
Estimate EPS easily 40 sens for Y22. Revised target price to RM 3.50. Gravy train starting soon
4 weeks ago
Yesterday was T3xchem day as expected by me. Look beyond the Sushi King hoopla. Look at the E in Texchem when it comes to ESG. Browse thoroughly their website
4 weeks ago
Selamat Hari Raya to all the Muslim shareholder and Happy Holiday to all the non-Muslim shareholder.
I believe TEXCHEM is my best ever call for 1st half of 2022.
I hope I can have another best call for coming months.
4 weeks ago
Posted by warrantKing > 2 weeks ago | Report Abuse
With this kind of float volume in market , RM3 easy job .
Anyhow it need next coming QR , to be maintained at 10sens above, only can achieve RM3
__________________________________________________
TEXCHEM RM3 touching today !!!
Expected liao , u want RM3 , u need to WAIT QR !!!
3 weeks ago
@samchong, yeah.
Overall Texchem is a very healthy company financially. Their assets trounce their liabilities. This has been the case for years. They’re keeping their RM100M cash to expand their multiple businesses. I’m certain they have good relations with their bankers coz I’d like their bank borrowings to reduce (altho gearing is decent)
They may perform some exercise to bump up their equity esp wrt non-controlling shareholders. Reserves are decent. I think a BI is in the works but what do I know…
3 weeks ago
RHB year 2022 top 5 small cap jewel, TP RM4.49-RM6.18 still huge upside from current price.
Q1 EPS 13cents annualized it is 52cents, take PE of 15x also RM7.80
The chart also in super bull ladder trend.
Don miss it for this hidden gem, now or never~
1 week ago
Thanks to Albukhary, I have recovered all my losses in plantation stocks. God damn
6 days ago
Wall Street Opens Lower on Weak Retail Earnings and Rising Jobless Claims
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By Liz Moyer Investing.com -- Wall Street opened sharply lower on Thursday after more disappointing retail earnings and data on...
6 days ago
RM4 just a matter of time. If you are privileged to have access to information on Texchem's coming performance and their growth outlook, then anything below RM4 is just an easy investment decision. Tutup mata beli saja.
Congrats to the early investors and congrats in advance to those who are making the decision today to have a position in the amazing businesses of Texchem.
5 days ago
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
5 days ago
Texchem Resources - Poised for further growth across all key business pillars (Fundtech Radar - Non-rated)
3 days ago
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?
1 day ago
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.
1 day ago
The 28% remaining SK acquisition will have Goodwill of 83.92m that to be impaired within 5 years on a 12%-14% discount factor. That’s alone about 15m per year. Plus capex 10m per year, plus additional 20m+ per year to AYI.
It has to be perform very well otherwise loss making to be expected in the initial year after the acquisition.
4 hours ago
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Wow. Just two weeks ago Texchem was selling at a big discount to it's net assets per share of 2.18.
1 month ago