" yung930 @amateurJR i checked.. Because of Covid, securities commissiom extended the deadline for another 2 months" ==================================================
Even then, a responsible company and one with integrity will not succumb to grace period. If their accounts are good why not release it earlier instead of hiding?
I agree with you. Luxchem also supplies other chemical materials in addition to the raw materials for gloves, and his quarterly report must be negatively affected. He also increased the production capacity of glove raw materials by 30% last year, this should be a plus for this stock. However, after the long-term epidemic is over, his sales of other chemical raw materials will also improve. Fundamentals still look good. Pe ratio is currently 18, not too expensive.
Luxchem the most stable company, will top up more if break 0.8 reistance...chemicle needed for glove manufacturer...without it. no glove can be made....better than adventa and hlt in my opinion
Confirm naik, they got the tender to supply "chloroquine" (used for malaria treatment) but proven to be 70% effective on Covid-19 since the real vaccination takes times this is the temp solution. can expect more than 1 ringgit in coming 3 days.
The Road Block is due to catalyst havent comes out. The shark behind coordinated well with the bosses of Luxchem. They delay the qr results. Once it released with the great results. It gonna shoots up to RM2++
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
yung930
62 posts
Posted by yung930 > 2020-05-29 23:11 | Report Abuse
should be one month, due date is 30 JUNE