LUXCHEM CORPORATION BHD

KLSE (MYR): LUXCHEM (5143)

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Last Price

0.49

Today's Change

+0.01 (2.08%)

Day's Change

0.49 - 0.49

Trading Volume

1,100


5 people like this.

4,448 comment(s). Last comment by LaoHaidi 1 day ago

up88up

598 posts

Posted by up88up > 2020-04-23 09:07 | Report Abuse

Within few days as well

paperplane

21,668 posts

Posted by paperplane > 2020-04-23 11:07 | Report Abuse

aiyo, carimin, dayang all because an oldman blindly chasing mah. LUXCHEM good stock, no need anyone chase. just trade carefully....price went up quite a lot in such short timing

polycarp

1,991 posts

Posted by polycarp > 2020-04-23 11:33 | Report Abuse

ADVENTA selling gloves and masks!!
and medical supplies. This is the new
normal. Biological welfare

DickyMe

14,898 posts

Posted by DickyMe > 2020-04-23 11:51 |

Post removed.Why?

Leoleo

5,550 posts

Posted by Leoleo > 2020-04-23 12:35 | Report Abuse

really ?

Johnchew5

11,722 posts

Posted by Johnchew5 > 2020-04-23 14:23 |

Post removed.Why?

char1234

5,299 posts

Posted by char1234 > 2020-04-23 16:22 | Report Abuse

profit taking already

tmathi

30 posts

Posted by tmathi > 2020-04-23 16:50 | Report Abuse

Hope not a scam to trap investors, dropped so much! :-(

Posted by StarLightMe > 2020-04-23 16:52 | Report Abuse

Lol... Tonight PM's announcement... all scare and throw

Posted by StarLightMe > 2020-04-23 16:52 | Report Abuse

Just patient

char1234

5,299 posts

Posted by char1234 > 2020-04-23 16:58 | Report Abuse

it's over

gohkimhock

3,128 posts

Posted by gohkimhock > 2020-04-23 17:05 | Report Abuse

it is important for Luxchem to be able to consolidate above 60sen. Failure to hold 60sen will mean the rally losing steam.

shadowz

711 posts

Posted by shadowz > 2020-04-23 17:23 | Report Abuse

Luxchem is going to hold at current level or even higher, Many part of the world, those awaken of higher hygiene level community will require the use of glove more than anytime ever

limitupupup

1,466 posts

Posted by limitupupup > 2020-04-23 17:24 | Report Abuse

cry father cry mother and lie to yourself. Drop to holland is the only way.

calvintaneng

56,709 posts

Posted by calvintaneng > 2020-04-23 18:03 | Report Abuse

It is ok

A bull also need a rest before resume running

Comfort gloves and harta pulled back

The Glove bull run will continue for 6 to 9 months more

For Luxchem the restocking of glove chemical should keep it busy for one year minimum

So we are still in early bull stage

Any further pull back just add

DickyMe

14,898 posts

Posted by DickyMe > 2020-04-23 18:05 |

Post removed.Why?

TrippleZ

1,563 posts

Posted by TrippleZ > 2020-04-23 18:11 | Report Abuse

It traded above 52weeks high. It is bullish.

DickyMe

14,898 posts

Posted by DickyMe > 2020-04-23 18:14 |

Post removed.Why?

TrippleZ

1,563 posts

Posted by TrippleZ > 2020-04-23 18:15 | Report Abuse

Then how you define bullish?

DickyMe

14,898 posts

Posted by DickyMe > 2020-04-23 18:17 |

Post removed.Why?

TrippleZ

1,563 posts

Posted by TrippleZ > 2020-04-23 18:22 | Report Abuse

There are many stocks traded with increased volume but price keep going do down. So you need to be specific with your definition

DickyMe

14,898 posts

Posted by DickyMe > 2020-04-23 18:30 |

Post removed.Why?

gohkimhock

3,128 posts

Posted by gohkimhock > 2020-04-23 18:40 | Report Abuse

Luxchem is considered uptrend la. ADX and MACD passed. Just the RSI a bit overbought. Thats why some minor pullback. It is making higher highs and lower lows now with increased volume too. The only concern to me is external factors which we cannot control. External factors like the DJIA down 1k or crude goes negative again might cause buyers turning into sellers in order to protect capital.

Posted by DavidKhoo118 > 2020-04-23 18:41 | Report Abuse

Confused now, lucky dare not buy

TrippleZ

1,563 posts

Posted by TrippleZ > 2020-04-23 19:02 | Report Abuse

DickyMe, Luxchem has been behaving exactly like you described above. From low of 38.5sen move higher and higher with minor pull back. Only yesterday was one day spike up. It is bullish regardless of how you look at it.

Posted by Matcha Green Tea > 2020-04-23 19:32 | Report Abuse

Many penny stocks were Goreng up in matter of days. I believe it was Goreng rather than investors buy and hold. It rises too fast.
Becareful and watch the upcoming qr to see if Luxchem is able to benefits from the demand.

calvintaneng

56,709 posts

Posted by calvintaneng > 2020-04-23 19:41 | Report Abuse

Must differentiate between one off goreng and change of fundamental

Example

In winter nothing can grow and animals/birds migrate

Then come Summer

The Rising sun melts snow & vegetation grows & flowers bloom

Animals and singing birds return

Human joy and activity thrives once more

SO THE GAME CHANGER FOR LUXCHEM IS REAL AND WILL LAST FOR MANY MONTHS TO COME

1) INCREASING DEMAND FOR GLOVES.
GOVERNMENTS FLY PLANES INTO MALAYSIA. FULLY LOAD UP GLOVES AND FLY BACK.

IF VIRUS CONTINUES THEY FLY BACK AGAIN FOR MORE SUPPLIES

FROM USA, EUROPE, AUSTRALASIA, MIDDLE EAST THEY ALL MUST COME

LIVES IN DANGER ARE EMERGENCIES. GLOVE SUPPLIES ARE IMPERATIVE AND NOT OPTIONAL.


2) CRASH OF CRUDE OIL IS REAL

REAL SAVINGS FOR LUXCHEM FOR MANY MONTHS OR EVEN YEARS

SO THESE TWO GAME CHANGERS WILL RESULT IN HUGE REVENUE & PROFITS FOR LUXCHEM GOING FORWARD

DickyMe

14,898 posts

Posted by DickyMe > 2020-04-23 19:50 |

Post removed.Why?

limitupupup

1,466 posts

Posted by limitupupup > 2020-04-23 21:00 |

Post removed.Why?

James Ng

2,706 posts

Posted by James Ng > 2020-04-23 21:23 | Report Abuse

https://klse.i3investor.com/blogs/general/2020-04-23-story-h1506106873.jsp
[转贴] [Facebook live video:浅谈Luxchem corp bhd (Luxchem)] - James的股票投资James Share Investing

Gemini

321 posts

Posted by Gemini > 2020-04-23 21:46 | Report Abuse

Shooting star doji beware of reversal

Posted by wesley_gold > 2020-04-23 21:52 | Report Abuse

Alright, luxchem can benefit from recent trend (manufacture chemicals thats related to glove). However, pls be aware that this segment only contributed 30% only to this company as the remaining 70% still involve other segment like trading and distribution of petrochemical and other related products (which will be impacted during this MCO period).

Just be aware while trading and do not chase high as it has already rise more than 90% from its recent lowest price. Congratulation to those who still holding the shares, its huge profit :)

drteh84

527 posts

Posted by drteh84 > 2020-04-23 21:58 | Report Abuse

Glove material using Luxchem chemical. All the glove stock rise, tell me why this company can't ?

drteh84

527 posts

Posted by drteh84 > 2020-04-23 22:03 | Report Abuse

Netcash , good dividend, good recent QoQ. I will keep.

calvintaneng

56,709 posts

Posted by calvintaneng > 2020-04-23 22:18 | Report Abuse

James is clever!

Sound & balance speech on LUXCHEM

One thing he missed

James noticed Companies with high NTA rebounded today like SMI

He forgot to check up the NTA of LUXCHEM

Luxchem has not one but two 4 storey Shop houses in Damansara Utama still at old rock bottom book value as well as many other assets.

If all the Assets of LUXCHEM are fully revalued its NTA should by higher


So James must go dig deeper to know LUXCHEM NTA

apolloang

18,163 posts

Posted by apolloang > 2020-04-23 22:20 |

Post removed.Why?

shadowz

711 posts

Posted by shadowz > 2020-04-23 22:48 | Report Abuse

drteh84 Netcash , good dividend, good recent QoQ. I will keep.
23/04/2020 10:03 PM

Yes fully agreed. Goreng aside this company is solid. And with pure Glove company already reach the moon, no reason for Luxchem not to take off.

shadowz

711 posts

Posted by shadowz > 2020-04-23 22:59 | Report Abuse

BUT LUXCHEM'S FORTUNE THEN WENT THE OPPOSITE AS ITS SHARE PRICE POWERED UP & DOUBLED IN PRICES FROM 64 SEN (2014) TO A HIGH OF RM1,31 (YEAR 2015)

shadowz

711 posts

Posted by shadowz > 2020-04-23 23:01 | Report Abuse

The Cycical downturn of oil has returned TO BOOST UP THE PROFITS OF LUXCHEM ONCE MORE

Calvin Tan Reseach calls for a strong buy on LUXCHEM with a near target price of 80 sen. If it can breach then next target will be Rm1.00 to Rm1.20

JUST REALISE THERE WERE SUCH CALL OF TP, I THINK VERY SOON CAN.REACH 80C

shadowz

711 posts

Posted by shadowz > 2020-04-23 23:07 | Report Abuse

Compare with last month lowest, Comfort was 60.5c and now 1.25, Rubberex was 55c and now 1.26, and both comfort & rubberex hv a immediate TP of 1.38-1.50.

Johnchew5

11,722 posts

Posted by Johnchew5 > 2020-04-24 06:26 |

Post removed.Why?

calvintaneng

56,709 posts

Posted by calvintaneng > 2020-04-24 08:01 | Report Abuse

Johnchew made some money after selling Luxchem?

Rub Research TP at 65 sen was based on Feb 18 when crude oil was Usd44. Now Crude oil has fallen by more than 60% the feedcost for nitrile has dropped and the profit has increased

Also James Ng forgot that Luxchem is a versatile company with 400 types of chemical

In times like these Company can stop producing other chemicals and redirect manpower and resources to Latex and Nitrile for gloves. Also there is extra capacity in both Perak factory (20%) and Melaka (35%) to further ramp up production

Luxchem will see and seize the opportunity of the day to capture the maximum sale to glove factories for such a time like now

Cmhoon

198 posts

Posted by Cmhoon > 2020-04-24 08:03 | Report Abuse

Dec, 2015 0.553 0.533 0.593 0.533 26.41M 3.75%
Nov, 2015 0.533 0.560 0.607 0.533 38.10M 1.14%
Oct, 2015 0.527 0.457 0.543 0.457 45.96M 15.32%
Sep, 2015 0.457 0.393 0.467 0.387 30.37M 18.09%
Aug, 2015 0.387 0.367 0.467 0.350 73.36M 5.45%
Jul, 2015 0.367 0.337 0.373 0.328 8.68M 10.21%
Jun, 2015 0.333 0.357 0.370 0.330 4.47M -8.26%
May, 2015 0.363 0.417 0.420 0.363 14.67M -12.11%
Apr, 2015 0.413 0.327 0.437 0.327 27.23M 27.86%
Mar, 2015 0.323 0.312 0.333 0.303 6.14M 4.19%
Feb, 2015 0.310 0.300 0.323 0.293 3.06M 2.31%
Jan, 2015 0.303 0.273 0.310 0.267 6.78M 10.99%
Dec, 2014 0.273 0.300 0.300 0.243 7.52M -10.49%
Nov, 2014 0.305 0.290 0.330 0.290 9.52M 5.90%
Oct, 2014 0.288 0.237 0.295 0.222 25.14M 20.00%
Sep, 2014 0.240 0.243 0.248 0.237 3.26M -1.23%
Aug, 2014 0.243 0.250 0.250 0.243 6.46M -2.80%
Jul, 2014 0.250 0.238 0.252 0.235 5.96M 5.04%
Jun, 2014 0.238 0.238 0.263 0.237 4.91M 0.00%
May, 2014 0.238 0.240 0.262 0.237 13.64M 0.00%
Apr, 2014 0.238 0.237 0.247 0.235 4.71M -0.83%
Mar, 2014 0.240 0.227 0.240 0.225 7.04M 4.35%
Feb, 2014 0.230 0.222 0.247 0.220 10.10M 3.60%

Cmhoon

198 posts

Posted by Cmhoon > 2020-04-24 08:04 | Report Abuse

shadowz BUT LUXCHEM'S FORTUNE THEN WENT THE OPPOSITE AS ITS SHARE PRICE POWERED UP & DOUBLED IN PRICES FROM 64 SEN (2014) TO A HIGH OF RM1,31 (YEAR 2015)
23/04/2020 10:59 PM

Posted by Philip ( Random Walk Theorist) > 2020-04-24 08:09 |

Post removed.Why?

calvintaneng

56,709 posts

Posted by calvintaneng > 2020-04-24 08:19 | Report Abuse

Posted by Cmhoon > Apr 24, 2020 8:04 AM | Report Abuse

shadowz BUT LUXCHEM'S FORTUNE THEN WENT THE OPPOSITE AS ITS SHARE PRICE POWERED UP & DOUBLED IN PRICES FROM 64 SEN (2014) TO A HIGH OF RM1,31 (YEAR 2015)
23/04/2020 10:59 PM

CORRECT:

From STOCK PERFORMANCE GUIDE OF Dynaquest

LUXCHEM in Year 2014 was priced at 64 sen

THE GAME CHANGER WAS THE COLLAPSE OF CRUDE OIL THEN FROM USD100 TO LESS THAN USD30

SO RAW MATERIAL PRICES FOR LUXCHEM REDUCTION CAUSED PROFIT TO SPIKE UPWARD AND LUXCHEM SHARE PRICE REACHED A HIGH OF RM1.31 IN YEAR 2015 (UP 104%)

CHEMICALS LIKE AUTOS, REAL ESTATES, EXPORT FURNITURE, OGSE ARE ALL CYCLICAL INDUSTRIES (UNLIKE WATER UTILITY & BASIC FOOD)

Philip missed the OGSE Upstream Bull run last year in carimin, dayang, naim and penergy which all went up 100% to 300% in their upcycle.

So now he is just jealous of our great success

A CYCLICAL IS TO BE BOUGHT ON THE UPCYCLE WHEN THE INDUSTRY IS TURNING BETTER AND CERTAINLY MUST TAKE PROFIT AT PEAK (LIKE DAYANG AT RM2.95) & DON'T OVERSTAY IN THE MARKET

shadowz

711 posts

Posted by shadowz > 2020-04-24 09:12 | Report Abuse

all glove counter shoot up again gogogo

Johnchew5

11,722 posts

Posted by Johnchew5 > 2020-04-24 09:13 |

Post removed.Why?

Johnchew5

11,722 posts

Posted by Johnchew5 > 2020-04-24 09:15 |

Post removed.Why?

shadowz

711 posts

Posted by shadowz > 2020-04-24 10:33 | Report Abuse

Why the Dickme & John5 remove their -ve comments ?

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