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2020-08-16 16:24 | Report Abuse
Yes. Samchem is diversified and seems to be performing better. Luxchem cant even compete with their niche in the gloves sector. Why? There is another big unlisted supplier plus there is LC titan and Petronas chemicals. So margin is pretty thin until profits are challenged. So, it's better to be a small but effective player
2020-08-16 16:23 | Report Abuse
Yes. Samchem is diversified and seems to be performing better. Luxchem cant even compete with their niche in the gloves sector. Why? There is another big unlisted supplier plus there is LC titan and Petronas chemicals. So margin is pretty thin until profits are challenged. So, it's better to be a small but effective player
2020-08-16 15:54 | Report Abuse
That's funny isnt it. 40% of revenue supply to gloves sector and still not performing
2020-08-16 15:51 | Report Abuse
Well, it looks like bearish engulfing in the weekly chart, isnt it
2020-08-15 11:25 | Report Abuse
New vaccine news will come forward frequently and gloves sector will be hit again and again.
The beginning of the end
2020-08-14 17:04 | Report Abuse
Green in a sea of red. Good indication
2020-08-14 16:38 | Report Abuse
Strong buying now. Results might be today
2020-08-14 15:44 | Report Abuse
No. Missed the boat and did not chase
2020-08-14 15:32 | Report Abuse
For that, I think the pe for the gloves sector should be 10 to 15, not a bombastic 30
2020-08-14 15:30 | Report Abuse
Supermax is taking a beating despite fantastic results, then again it's only 1 year of extraordinary profits. Non permanent
2020-08-14 15:23 | Report Abuse
Luxchem would be badly hit if gloves sector goes down
2020-08-14 15:21 | Report Abuse
Guess it will rebound when the gloves sector rebound. Anyway supply to the gloves sector constitute 5% of revenue only. So fairly diversified
2020-08-14 15:17 | Report Abuse
Someone took out the road block. What's the pdts going to do now?
2020-08-14 14:13 | Report Abuse
Been told its mid August..so could be today until the 19th........
2020-08-14 11:42 | Report Abuse
Hold on tight. Don't let the pdts scare you off. Good results are rare these days
2020-08-14 11:13 | Report Abuse
The sell Q is fake. Only 2 or 3 persons each row. Probably same person
2020-08-14 10:02 | Report Abuse
Pdts trying for 91.5, road blocks set up
2020-08-13 23:15 | Report Abuse
Follow the flow, if it drop just buy more. Play their game. Dividends is 4 cents per year. Better than FD
2020-08-13 21:06 | Report Abuse
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
2020-08-13 19:24 | Report Abuse
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
2020-08-13 19:21 | Report Abuse
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
2020-08-13 18:34 | Report Abuse
This stupid counter cant even give 1 cent dividends for the last 3 years
2020-08-13 10:07 | Report Abuse
This counter only 25% is held by below 500,000 units
2020-08-13 10:05 | Report Abuse
Proprietary day trader, allowed to short sell.
Qs are double digit now. Illiquidity is the key for next cycle uptrend
2020-08-13 09:41 | Report Abuse
Pdts hard at work. Actually not much sellers anymore. Hold on tight for QR
2020-08-12 10:57 | Report Abuse
Limit down on circa 1 million shares only. Weak holders out. Shouldn't be much sellers left.
Buy
2020-08-12 09:48 | Report Abuse
Road block at 1.00, pdts collect at 0.99.
That's pdts. For a small margin, they destroyed the trend
2020-08-12 09:28 | Report Abuse
Pdts having a good day. Trying to cause a sharp plunge
2020-08-11 22:59 | Report Abuse
Can
But sentiments change with vaccine talk.
Until the fundamentals kick in.....
2020-08-11 17:46 | Report Abuse
Probably Pastor and Gang leaving....LOL
2020-08-11 17:15 | Report Abuse
In fact super max only up 2% with the astounding results
2020-08-11 17:13 | Report Abuse
Believe so.
As seen, there was a selldown of supermax prior to QR too.
2020-08-11 17:03 | Report Abuse
The operator seems to be leaving Samchem and Luxchem. While Luxchem is a dud, Samchem is not...maybe QR will change traders mentality.
2020-08-11 13:35 | Report Abuse
Actually there is a divergence between the warrants and mother shares, cost of conversion is only 1 cent, there is a premium here....
2020-08-11 09:30 | Report Abuse
Are those stocks still uptrending?
2020-08-10 23:27 | Report Abuse
Much less explain why Luxchem directors are selling now....
2020-08-10 23:06 | Report Abuse
How come Luxchem did not report better profits for quarter ended 30 June then?
2020-08-09 11:08 | Report Abuse
Hold. No issue. It will continue uptrend next week possibility another limit up session prior to results
2020-08-07 19:33 | Report Abuse
Yep. Their QR would be a pleasant surprise
2020-08-06 21:52 | Report Abuse
How many using face shield? How often repeat buyer? Probably die off in a few months....
2020-08-05 16:00 | Report Abuse
They had asp benefit for their sanitizer chemicals during MCO.....hint
2020-08-05 13:28 | Report Abuse
Need to consolidate 3 days advance....which stock every day can go up?
Patience
2020-08-04 15:13 | Report Abuse
Expected profits is 30 to 40 million, that's 11 to 14 cents eps. At PE 20 that's 2.20 to 2.80
Stock: [ZENTECH]: ZEN TECH INTERNATIONAL BERHAD
2020-08-16 17:06 | Report Abuse
What do you expect? Chairman ex convict and gangster. No integrity whatsoever