Normal price usd 4 to 5, where got 8 times. Mad

Part of the main website

RI coming. Insiders dumping

Next stop 1.30

2 weeks into MCO already loss. What are the chances for full MCO coverage? Loss deep deep

Now we know why the price dont move. LOL

Why son so cheap? Pushing for RI....

After MCO demand should pick up for petrol related products, note the inventory increased by 40 mil. More margin

Think probably the next QR would be good due to the IDR clawback.
Keep your fingers crossed.

Could happen again this year....:)

Oil prices down, extraordinary profits on petrol products due to high margins

If earnings remains eps 9 as per 2019
PE 10 90 cents
PE 15 as per Luxchem 1.35 cents

If forward eps averages 3 per quarter 12 per year
PE 10 1.20
PE 15 1.80

management does not expect the impact on the Group’s business
operations, liquidity and financial position because of COVID-19 to be material

the management is optimistic on the
business growth and will continue to focus on the expansion of business and operational efficiency to
improve the Group’s performance.

Wait for June QR in August

Well, they have been profitable for many years ...

IDR now circa dec 2019 to Feb 2020 levels

Coming quarters likely to be better as IDR has recovered 14.6%......clawback is imminent

It would have made 9.7 mil net profit if the forex were the same as 2019. Mind you, its still unrealised loss.
Eps could have been 3.5 cents

Higher inventory of 40 mil due to higher stock up for covid crisis?

Not bad. Only decreased slightly

Bomb coming....

Profit because of sale of property, if not loss. Coming QR also loss.
Wait for news to come out 1st, PM might be the next guy....

Nobody expects a good result under MCO unless you're in PPE

This report is taken into account closure of Malaysian division from mar 18 to period ended 30 apr

Profit quantum increased due to foreign exchange, but diluted. 14m vs 10m

The worst is over, reported dated 30 April. Malaysian operations started 4 May, production is on in Vietnam and Malaysia. Although sales are affected, likely to be positive for 2020

Cash backing 61 cents. 43 cents for business is ok

Still profitable. Not bad in view of crisis.

But stiff profitable. Warrant a pe5?

Must be good....

The decline is just temporary . Mid town it's worth the the risk for normalize eps 15 to 20 in 2021

Abnormal year pe 10 sufficient

Luxchem fully valued. Look at competitors like Samchem who offer undemanding PE. Smaller base too for goring. Interesting pattern at the moment

Optimism about a vaccine is growing. 2nd wave is merely a theory, with all these social distancing, how can it be worse off than the 1st wave? The worse is over. The need for gloves has peaked in March

Syndicates leaving

Bubble burst. The sky is falling....

plus Elliot wave 3

price dropped with volume...uncle sold already?

Plus golden cross. High volume expected after this consolidation

Strong hold. Possible cup and handle formation

Got to wait for Nov QR3

Maybe the 5 million capex has to be noted, if not the profit would be 14 million

Luxchem is at pe 18 now, Samchem should be the same @9 x 18 is 1.62

Did not improve based on Q on Q. Will it improve next quarter?

Cheap sales

Bullish. Towards 1.50

They probably goring to dump the shares on innocent ikan bilis. 10 mil turnover......

The accounts clearly showed the projects they have hardly have a margin. They took in non profitable projects and incurred capex on it. By June next year when the majority of projects finish, they will wipe out the company with the impairment of receivables

Management comment is one pathetic cry for help

1 mil impairment on investments ended Feb, Ended May should be more,,,,