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

Johnchew5

11,722 posts

Posted by Johnchew5 > 2020-04-24 16:48 |

Post removed.Why?

clouud1234

937 posts

Posted by clouud1234 > 2020-04-24 16:49 | Report Abuse

I enter 7.15 a bit high.Will it go up on Monday?please give some advice.Thanks

DickyMe

14,898 posts

Posted by DickyMe > 2020-04-24 16:50 |

Post removed.Why?

char1234

5,299 posts

Posted by char1234 > 2020-04-24 17:14 | Report Abuse

ha Ha ha.... good luck

Posted by weixiang98 > 2020-04-24 17:30 |

Post removed.Why?

clouud1234

937 posts

Posted by clouud1234 > 2020-04-24 17:39 | Report Abuse

Thanks

Woodswater

3,783 posts

Posted by Woodswater > 2020-04-24 19:01 | Report Abuse

clouud1234 I enter 7.15 a bit high.Will it go up on Monday?please give some advice.Thanks

Nearterm RM 1. U ll b rewarded. Pls relax n enjiy the show coming next week as MCO extended 2 mire weeks.

clouud1234

937 posts

Posted by clouud1234 > 2020-04-24 19:55 | Report Abuse

Thanks woodswater.I little scared coz I buy 400 lot.Haha.

Woodswater

3,783 posts

Posted by Woodswater > 2020-04-24 21:04 | Report Abuse

Prosoerous Apr 2020
Congrats clouud1234

Cheers
Wakakakaka

Woodswater

3,783 posts

Posted by Woodswater > 2020-04-24 21:08 | Report Abuse

Spend 286 k @400 lots
Sell 300 lots @ RM 1 ( get RM 300 k - 286 k - trading fees for buying n selling)

100 lots foc

Wakakakaka

clouud1234

937 posts

Posted by clouud1234 > 2020-04-24 21:21 | Report Abuse

Congratulations woodwater

Woodswater

3,783 posts

Posted by Woodswater > 2020-04-24 21:43 | Report Abuse

No no no
Congrats clouud1234

-----------/-----/-------------



clouud1234
I little scared coz I buy 400 lot.Haha.

calvintaneng

56,709 posts

Posted by calvintaneng > 2020-04-24 23:09 | Report Abuse

Good evening all

Whoa so many many friends are here

Today Calvin posted an article on es ceramic

It is the counterpart of Luxchem

When gloves are made they use hand former or mold to dip into the Latex or nitrile liquid

Then it will be processed and final product are rubber gloves.

Since Luxchem has gone up and es ceramic still a laggard it is time for Es Ceramic to play catch up

Just like a coin has 2 sides so Esceramic is the other side of the coin compared to Luxchem

Will post link later when I go to a PC

calvintaneng

56,709 posts

Posted by calvintaneng > 2020-04-25 00:01 | Report Abuse

Ok see this

https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2020-04-24-story-h1506110752-ES_CERAMIC_0100_WILL_ALSO_JOIN_COMFORT_GLOVE_SUPERMAX_LUXCHEM_ADVENTA_I.jsp

In the video you see ceramic hands *by ES CERAMIC rotates and dip into nitrile or rubber latex (By LUXCHEM) to form a film which then enters an oven and re emerge as fully formed rubber gloves

So if LUXCHEM does well ES CERAMIC Will equally do well

They are two sides of the same coin

Since LUXCHEM share price has shot up it is only a matter of time ES CERAMIC follows

Regards

Calvin

calvintaneng

56,709 posts

Posted by calvintaneng > 2020-04-25 00:04 | Report Abuse

This more direct link to video

https://www.youtube.com/watch?v=1-uH0KmgU_o

dxbman

900 posts

Posted by dxbman > 2020-04-25 00:11 | Report Abuse

Max strong buy will reach 1.00 next week

potenza10

1,220 posts

Posted by potenza10 > 2020-04-25 00:13 |

Post removed.Why?

calvintaneng

56,709 posts

Posted by calvintaneng > 2020-04-25 00:21 | Report Abuse

How Es ceramic will benefit

1) It produces the highly valuable Surgical & Examination Hand Former which command the highest prices

2) Thru a new found surge of Glove demand from Whole World in Covid 19 lock down there is an urgent need for more Gloves

This will lead to more building of New Glove factories which in turn will increase the demand for Hand Formers or ceramic hands

3) Rubberex already planned to a new factory which will add another Billion nitrile examination gloves

4) Since TopGlove goes into 24/7 production the wear and tare of glove hand formers will increase. Any defect or crack thru constant non stop use will need replacement

SO ALL THESE ADD UP

apolloang

18,163 posts

Posted by apolloang > 2020-04-25 00:34 |

Post removed.Why?

clouud1234

937 posts

Posted by clouud1234 > 2020-04-25 12:31 | Report Abuse

Luxchem Corp Bhd

By RHB Research

Buy (maintained)

The company has been experiencing higher demand recently from the glove manufacturing sector due to the coronavirus outbreak.
The coronavirus outbreak has seen the company receiving higher purchase orders from its glove-making clients.
“The expanded facility can now handle 18,000 tonnes per annum (tpa) from 13,800 tpa previously, ” the research house said.

Recall that Transform Master was acquired in 2016.

At the time of acquisition, it had a manufacturing capacity of 9,600 tpa.

RHB Research maintains its buy call target price for Luxchem.
Luxchem’s stock has experienced increased market followings in the past three weeks as a thematic play.

This is arising from the coronavirus outbreak, given its exposure to the gloves sector.
Buy,recommended.

ktrader

1,898 posts

Posted by ktrader > 2020-04-25 13:02 | Report Abuse

@clouud1234, when is the report out? Any target price mentioned?

cheoky

2,823 posts

Posted by cheoky > 2020-04-25 13:12 | Report Abuse

dr neoh gave rating 6.5 same ranking with dlady, uchitec and gltonic

Posted by tanflash1314 > 2020-04-25 13:21 | Report Abuse

Glad that seeing Luxchem is a hot post now. I am back. Buy call. Probably will shoot up to RM1.6 in 3 mths. GOGOGO

Lyo82

396 posts

Posted by Lyo82 > 2020-04-25 16:44 | Report Abuse

TP 1.10

char1234

5,299 posts

Posted by char1234 > 2020-04-25 17:06 | Report Abuse

possible but Monday going to be slow

Posted by AllanTingAS > 2020-04-25 21:52 | Report Abuse

I sold too early at 69 cents, consider buy back again if the price revise. Any how, market is volative and remember the biz is good on gloves industry but drop on the other biz. Let see how market react on coming weeks.

calvintaneng

56,709 posts

Posted by calvintaneng > 2020-04-25 21:54 | Report Abuse

In a fierce bull market still not fully matured any meaningful pull back presents an opportunity for those who missed to enter

Last year penergy surged from 34 sen to 40 sen then limit up to 70 sen

I only started buying into penergy at 75 sen and it even pulled back to 68 sen.

I did not panic as I averaged from 75 sen to 68 sen before it rebounded above Rm1.00

Meanwhile carimin, dayang and naim were all powering up in unison and

After resting awhile penergy jumped to cross Rm1.00.

At that one Mr Markstrong came to attack Penergy as a dangerous price to enter but I did not listen to him at all

Penergy surged to Rm1.20 and I started selling a little

Then suddenly it crashed

But by the time it rebounded to Rm1.30 I sold all

Even after having sold penergy it still moved up to a high of Rm1.86

So it went up from 34 sen to rm1.86 for a 447% upside.

That was the power Ogse bull run of Petronas Rm30 billions capex for upstream

Now game over for Ogse theme

Gloves Theme only just started in March 2020 last month after a drastic drop

So long long way to go up

ahbah

6,238 posts

Posted by ahbah > 2020-04-25 21:58 | Report Abuse

Never mind lah, still all can jump back right in next week.

Our mkt bull now is still a very YOUNG bull !

amytrojan

178 posts

Posted by amytrojan > 2020-04-25 22:01 | Report Abuse

Still got last train o not? kikikiki

char1234

5,299 posts

Posted by char1234 > 2020-04-25 22:39 | Report Abuse

both say Glove counter BOLIH ...
but this is chemical counter supporting glove production

char1234

5,299 posts

Posted by char1234 > 2020-04-25 22:40 | Report Abuse

side dish...I guess ok la

clouud1234

937 posts

Posted by clouud1234 > 2020-04-26 09:30 | Report Abuse

Everyone,let's ride together to Tp1.10.Have fun.

char1234

5,299 posts

Posted by char1234 > 2020-04-26 11:50 | Report Abuse

Why 1.10 ??

6222

344 posts

Posted by 6222 > 2020-04-26 12:40 | Report Abuse

Still uptrend, just wait will go higher

calvintaneng

56,709 posts

Posted by calvintaneng > 2020-04-26 21:19 | Report Abuse

Demand for glove chemical now not enough
Topglove already telling glove chemical companies to increase production

clouud1234

937 posts

Posted by clouud1234 > 2020-04-26 22:37 | Report Abuse

Increasing production also not enough la.Too many demand for glove.Thus will increase in glove chemical also.This stock can earn a lot of money from this.I believe this stock will go beyond 1.00 In short time.Lets ride along to the top.

clouud1234

937 posts

Posted by clouud1234 > 2020-04-26 22:38 | Report Abuse

The sentiment is still strong uptrend.Will go up higher.

Posted by warrenbuffet1 > 2020-04-26 23:37 | Report Abuse

is the PE high?
how much chemical average pe

Posted by Daniel Tan > 2020-04-27 09:17 | Report Abuse

Today tp0.80

Posted by Dato Seri John Lu > 2020-04-27 09:21 | Report Abuse

Hehe... Target RM0. 90 - RM1

Endgame

763 posts

Posted by Endgame > 2020-04-27 09:28 | Report Abuse

Go go go!

Endgame

763 posts

Posted by Endgame > 2020-04-27 09:28 | Report Abuse

Riding with super bull

Posted by tanflash1314 > 2020-04-27 10:51 | Report Abuse

Shark will push it afternoon. Just like on Friday.

calvintaneng

56,709 posts

Posted by calvintaneng > 2020-04-27 11:44 | Report Abuse

WAHAHA!!

Just as I expected Comfort Glove Has Overtaken Rubberex at last!!

1) Top Glove & Harta & Kossan & Supermax (Tier one 1st to Run)

2) Comfort Rubberex then followed (Tier 2) followed by Adventa

3) Glove Material Luxchem then started running

Today Es_ceramic joining in the bull run

ALL WILL NOW CONTINUE TO RUN HIGHER AND HIGHER

ANY PULL BACK IS OPPORTUNITY TO ADD

Regards

Calvin

up88up

598 posts

Posted by up88up > 2020-04-27 11:48 | Report Abuse

Thanks Calvin sifu, all huat together! Nice

JadeSchira

544 posts

Posted by JadeSchira > 2020-04-27 14:58 | Report Abuse

Switch goreng to Comcorp 7195. Goreng kaw kaw.

Lucky81

495 posts

Posted by Lucky81 > 2020-04-27 15:00 | Report Abuse

gogogo

Remo

100 posts

Posted by Remo > 2020-04-27 15:12 | Report Abuse

run!

Posted by babyinvestor > 2020-04-27 15:19 | Report Abuse

Why what happened

Posted by singchai5375 > 2020-04-27 15:20 | Report Abuse

run!

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