whatever the tell tales are, Luxchem is expanding ,and have no doubt about it, the newly formed set-up both in emerging economies like Indonesia and Vietnam would bring in more profit for sure,keep for long term .
Someone set Target 1.97 followe by 2.09. May exceed if KLSI bullish from the looks of it. if not this round, the next bump up ....." Alfred Hitchcock'S SOMETHING WENT bump IN THE NIGHT". SOME ONE FELL ..slipped on the soap and slid up the ladder Haha. Who said Lux doesnt smell good.....2 for tea May B.
next quarter result will be good. Pls collect the share in the support point around rm1.8 After nx quarter, the share price will at the 1.8 to 2.1range
The company is sitting on 106M cash as at the last Q report. After spending 36.8mil for the acquisition, they are still in a good position to declare a handsome dividend in February
the acquisition price is on high side,but is vital for future growth,chemical company needs good chemical scientist in house, who can develope products , otherwise you pay high price for acquisitions
Luxchem proposes to satisfy the purchase consideration of RM46.0 million pursuant to the Proposed Acquisition (“Purchase Consideration”) via cash and issuance and allotment of new ordinary shares of RM0.50 each in Luxchem
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TMSB is a private limited company incorporated under the Companies Act, 1965 on 30 December 2009 and had commenced operations in April 2011. TMSB’s business address is at Lot P2, Lumut Port Industrial Park, Mukim Lumut, Kampung Acheh, 32000 Sitiawan, Perak Darul Ridzuan.
TMSB is principally involved in the manufacturing of chemical products including rubber latex chemical dispersions, latex processing chemicals, latex surfactant, dispersant, and specialty chemicals for latex industry, amongst others.
As at 26 January 2016, the authorised share capital of TMSB is RM5,000,000, comprising 5,000,000 ordinary shares of RM1.00 each whilst its issued and paid-up share capital is RM3,000,000 comprising 3,000,000 ordinary shares of RM1.00 each.
with 3 millions capital operating for not more then 5 years,you can't expect there are plenty of asset ,like factoryland, large factory structure, plenty of advance manufacturing machinary, etc, so what is important is the technological know how, or expertise of making those organic products as specified.. thought i not chemist ,but my our impression, is that, these products are not so hard to develope,may be some phd in organic chemistry can do it, may be i am wrong?
Grinding depends on how fine you want to grind; Blending depends on what type of blending. You blend wrongly all products come out cracked or powder agsin like in some porcelain mix....K economy. K= Knowledge. is essential in what you buy n how much you pay. market is there and will remain as long as ......No Offence meant. ONLY SHARING. No one takes knowledge back to grave.
it is not a question of trust ,or not trust,, it is question technological know-how.this involved knowledge of chemical organic synthesis, and nanotechnology, Luxchem directors are from sale ,and accounting background,,that is the general malaysian problems.
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....
enning22
2,934 posts
Posted by enning22 > 2016-01-08 16:12 | Report Abuse
whatever the tell tales are, Luxchem is expanding ,and have no doubt about it, the newly formed set-up both in emerging economies like Indonesia and Vietnam would bring in more profit for sure,keep for long term .