Posted by ks5S > 2020-02-04 12:41 | Report Abuse

always ESOS . Minority shareholder is the loser.

Posted by calvintaneng > 2020-02-04 13:12 | Report Abuse

It is ok

They didn't steal money
No xxx like AirAsia

Dividend generous

Posted by Savemoney > 2020-02-04 15:11 | Report Abuse

They doing great business

Posted by ks5S > 2020-02-04 15:37 | Report Abuse

old man counter

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart) > 2020-02-04 15:39 | Report Abuse

... and what was the basis for calvin's recommending this stock?

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart) > 2020-02-04 15:42 | Report Abuse

Answer: NO WONDER THIS HAS BEEN CALVIN JOHOR SIFU FAVOURITE STOCK (HE PREFERRED THIS THAN TOPGLOVE OR HARTALEGA FOR ITS SUPERIOR DIVIDEND YIELDS)




Such analysis is of no value. You need to do a lot more work to analyse this company diligently.

Posted by ks5S > 2020-02-04 16:19 | Report Abuse

correct. small kecik mayung company. want to sleep looking at this counter.

Posted by calvintaneng > 2020-02-04 17:29 | Report Abuse

Luxchem Vs Dlady

1. For Luxchem if Glove companies expand production Luxchem will benefit

For dlady if Milk companies like F&N , Nestle, good day Milk expand mean more competition

Posted by calvintaneng > 2020-02-04 17:30 | Report Abuse

Luxchem dividend yield is 4.6%
Dlady dividend yield is 2.5%

Posted by calvintaneng > 2020-02-04 17:34 | Report Abuse

Luxchem is a proxy to World Champion rubber gloves companies as topglove, harta, supermax and kossan can expand and grow world wide unlimited

Dlady is limited by it's HQ friesand milk from Holland

Friesand has over 22 companies in which dlady is only a part

So dlady has limited market to Malaysia context only

Luxchem is small fish in Big pond
Dlady is big fish in small pond

Luxchem is growing
Dlady is unable to grow any more but can only shrink like in old age

Posted by calvintaneng > 2020-02-04 17:35 | Report Abuse

Luxchem cash position is better than Dlady

Posted by calvintaneng > 2020-02-04 17:35 | Report Abuse

So?

Posted by hooi > 2020-02-04 18:13 | Report Abuse

luxchem profit margin low single digit. you only tell one side of the story.

Posted by cheahsk > 2020-02-04 18:21 | Report Abuse

You believe this guy? Did you read what he said about Maybulk?

Posted by Eastern686 > 2020-02-04 18:28 | Report Abuse

Cold eye also bought Maybulk n divulged the dealings to Chinese press media.

Posted by calvintaneng > 2020-02-04 20:24 | Report Abuse

Maybulk was a one off cyclical

I whataspped all my friends to sell on price rise and to watch Baltic dry index

Posted by calvintaneng > 2020-02-04 20:28 | Report Abuse

For Luxchem it's raw material for rubber gloves is latex

For nitrile gloves it's raw material is crude oil

Now that crude oil has weakened near usd50 it's feed stock being cheaper will help in higher profit margin

So it's profit might also go up in double digits due to 2 factors

1. More sales of nitrile gloves chemicals to topglove, kossan, supermax, hartalega and others

2. Better margin due to cheaper crude oil feedstock

Posted by calvintaneng > 2022-07-10 15:58 | Report Abuse

Sell all Luxchem now & SWITCH ALL TO TSH RESOURCES!!