For that, I think the pe for the gloves sector should be 10 to 15, not a bombastic 30

Supermax is taking a beating despite fantastic results, then again it's only 1 year of extraordinary profits. Non permanent

Luxchem would be badly hit if gloves sector goes down

Guess it will rebound when the gloves sector rebound. Anyway supply to the gloves sector constitute 5% of revenue only. So fairly diversified

Someone took out the road block. What's the pdts going to do now?

Been told its mid August..so could be today until the 19th........

Looks like heading for 64

Hold on tight. Don't let the pdts scare you off. Good results are rare these days

The sell Q is fake. Only 2 or 3 persons each row. Probably same person

Pdts trying for 91.5, road blocks set up

Follow the flow, if it drop just buy more. Play their game. Dividends is 4 cents per year. Better than FD

PE is still low. Historically pè 10 while Luxchem is pe 20. I expected a run up to the results that's the reason I held.

Rational for 10 million profits minimum
Forex losses clawback from Q1 6 million
Q1 similarly profits 4 million

Total 10 million

If not for the forex loss Q1 would have a 10 million profit


So, on an optimistic side Q2 could be 16 million profits.
If that's the new normal, the eps could ranged from 14 to 20 cents per annum. Based that on pe 20 that's explosive

After all, who will sell at 78 to 80+ range when the shares reached 1.48. Note that it was a small volume, 1 million

1.20 is alright. Even IB rate it 1.20 based on historical results. I estimate results to be not less than 10 mil for Q2 and likely to be more.

But I noticed the syndicate keep pushing it down perhaps for accumulation, results might be delayed because of this. We are near a temporary bottom

New normal

This stupid counter cant even give 1 cent dividends for the last 3 years

This counter only 25% is held by below 500,000 units

Proprietary day trader, allowed to short sell.

Qs are double digit now. Illiquidity is the key for next cycle uptrend

Pdts hard at work. Actually not much sellers anymore. Hold on tight for QR

Still bad

Pdts buying back

Limit down on circa 1 million shares only. Weak holders out. Shouldn't be much sellers left.

Buy

Road block at 1.00, pdts collect at 0.99.

That's pdts. For a small margin, they destroyed the trend

Pdts having a good day. Trying to cause a sharp plunge

Can
But sentiments change with vaccine talk.
Until the fundamentals kick in.....

Probably Pastor and Gang leaving....LOL

In fact super max only up 2% with the astounding results

Believe so.

As seen, there was a selldown of supermax prior to QR too.

The operator seems to be leaving Samchem and Luxchem. While Luxchem is a dud, Samchem is not...maybe QR will change traders mentality.

Actually there is a divergence between the warrants and mother shares, cost of conversion is only 1 cent, there is a premium here....

Are those stocks still uptrending?

Much less explain why Luxchem directors are selling now....

How come Luxchem did not report better profits for quarter ended 30 June then?

Hold. No issue. It will continue uptrend next week possibility another limit up session prior to results

Yep. Their QR would be a pleasant surprise

How many using face shield? How often repeat buyer? Probably die off in a few months....

They had asp benefit for their sanitizer chemicals during MCO.....hint

Next stop 1.34

Need to consolidate 3 days advance....which stock every day can go up?
Patience

Expected profits is 30 to 40 million, that's 11 to 14 cents eps. At PE 20 that's 2.20 to 2.80

We might revisit 2.00 again like a few years ago

Historically eps 9 cents, that's 1.80 but this year performance better...

Good to weed out the weakholders

Short sellers win today? Let's see closing

Short sellers in play today

Wayang upon wayang. Nothing in it that's interesting...

Train leaving the station. Another attempt

Con job pastor

Con job pastor

Impairment so fast? What a bomb.
Profit not there.
Investment losses.
Cash dwindled from 50 million
Nta 31mil is goodwill.

Good job management