Posted by giftformother > 2015-07-31 15:22 | Report Abuse

Thank you for this article and also thank you for Imaspro[I bought at 1.46 last week]

Posted by Icon8888 > 2015-07-31 15:24 | Report Abuse

: )

Posted by eftee > 2015-07-31 16:24 | Report Abuse

I forgot to buy today. Too late now. The last time I sold early

Posted by ckwan11d > 2015-07-31 18:15 | Report Abuse

Yes. I commented about the RM8.50 million on ESOS but later I totally forgotten about her. I would at least take a second look on her. I admire your sharpness.

Posted by ckwan11d > 2015-07-31 18:24 | Report Abuse

But I still couldn't understand the accounting book entries about this ESOS option. Would it involve cash/bank transactions? If it is a loss or expense (debit entry), where would have the corresponding credit entry gone to???

Posted by lux88 > 2016-01-09 22:03 | Report Abuse

Kenanga Research,

Nearly half of its earnings are derived from the defensive rubber glove industry, based on rubber and latex segments. As it is a one-stop centre, all the rubber glove makers are customers of LUXCHEM, which is able to supply a full range of additives and chemicals.
On the other hand, we see potential
of capacity expansion for its manufacturing segment by adding
additional reactor as and when demand arises while the capex for
expansion is relatively low as it invested only RM2.5m for the new
reactor. Moreover, profit margin for the manufacturing division is higher at 6%-10% at PAT level as opposed to 3%-6% for the trading segment, which could help to improve bottom-line. Based on current capacity, we project FY15E/FY16E earnings to grow at 30%/38% annually.