For current quarter ended 30 September 2020, the Group achieved revenue of RM191.26 million, representing an increase of RM50.97 million or 36% compared to current year preceding quarter. This was mainly due to higher sales in the trading segment.
The Group achieved profit after tax of RM14.17 million during the current quarter. There is an increase of RM6.59 million or 87% compared to current year preceding quarter which was mainly due to higher profit in the trading segment.
1.59 sen this qtr profit
Annualized 1.59 x 4 = 6.36 sen
If P/E 30 = 6.36 x 30
= Rm1.90
This beats es_ceramic performance!!
LUXCHEM A RISING STAR TO THE GLOVE SUPERBULL TIME!!!
Texchem is fundementally better than Luxchem. Not sure how the price movement will be later. Seems like luxchem is more like a goreng counter now. I am holding luxchem shares and the earning didn't surprise me.
♫ Tonight, I'm gonna have myself a real good time I feel alive and the world I'll turn it inside out, yeah And floating around in ecstasy So don't stop me now don't stop me
♫ I'm burnin' through the sky, yeah Two hundred degrees That's why they call me Mister Fahrenheit I'm traveling at the speed of light I wanna make a supersonic man out of you Don't stop me now, I'm having such a good time I'm having a ball Don't stop me now
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....
trade101
334 posts
Posted by trade101 > 2020-10-27 09:41 | Report Abuse
Strong gain..hope can sustain