Posted by calvintaneng > 2020-10-27 16:37 | Report Abuse

Mikecyc loiter here means Luxchem is very good

Eps less because mco cannot export

But profit up because Glove chemical ASP up alot

Posted by calvintaneng > 2020-10-27 16:39 |

Post removed.Why?

Posted by tahong > 2020-10-27 16:44 | Report Abuse

Yes , malay said hemtam kuat2

Posted by trade101 > 2020-10-27 16:48 | Report Abuse

yeas...agreed...it will cont to fly tomorrow..

Posted by jackfruit > 2020-10-27 16:58 | Report Abuse

Noting to shout about ..leh..latest Q earn only 1.59sen. A bit disappointed.

Posted by sskian > 2020-10-27 17:34 | Report Abuse

I think there is still a lot of upside because their customers are doing so well. Cannot invest in TopGlov, Supermax, Kossan etc anymore, invest in these guys as a proxy lor.

https://www.nst.com.my/business/2020/06/597338/luxchem-sanichi-hlt-proxies-rubber-glove-industry

"Luxchem is a supplier of industrial chemicals and materials in general.

Industry observers said around 35 per cent of Luxchem's total turnover came from the sale of latex chemicals to companies like Kossan Rubber Industries Bhd, Hartalega, Top Glove, Supermax, Riverstone and Latexx."

Posted by Mikecyc > 2020-10-27 21:09 | Report Abuse

See he missed the glove stocks become brain crashed as is Not NFCP stocks.

calvintaneng Spore leading Malaysia in glove

Malaysia = Malu-sia
01/06/2020 10:00 AM

Posted by Mikecyc > 2020-10-27 21:16 |

Post removed.Why?

Posted by thesteward > 2020-10-28 07:24 | Report Abuse

Luxchem sud be going to new high . Large demand fm existing glove manufacturers and don’t forger new glove manufacturerrs once production line ready also could get their supplies fm Luxchem.

Posted by CHLEONG888 > 2020-10-28 07:44 | Report Abuse

hate to see calvintaneng and mikecyc in this forum, irritating

Posted by daytona123 > 2020-10-28 08:19 | Report Abuse

Just ignore them let them be invisible

Posted by tahong > 2020-10-28 09:23 | Report Abuse

EPS is abt 13.6 sen. If PE said 15 Then tis share shd worth abt RM2 lol!

Posted by Anaconder > 2020-10-28 09:28 | Report Abuse

Chun chun stock by Sifu Calvin

Posted by Luckup > 2020-10-28 09:32 | Report Abuse

@tahong. EPS about 13.6 sen- how u arrive this?, Calculation mistake

Posted by tahong > 2020-10-28 09:35 | Report Abuse

Got 3 yrs of good dividend since I bought n now paper gain ... One stone kill 2 birds

Posted by Flash18 > 2020-10-28 09:38 | Report Abuse

Good stock, worth holding!

Posted by tahong > 2020-10-28 10:03 | Report Abuse

Bro! I used only current 9 months net profit for ease of calculation,

Posted by mf > 2020-10-28 10:05 |

Post removed.Why?

Posted by YJInvest > 2020-10-28 10:44 | Report Abuse

Good morning my fellow investors. Anyone has thoughts on AmInvest TP of RM0.79 for Luxchem? AmInvest recommends Sell. I have come to realise that with banks, when they sell, it is actually a buy call. What do you think? Thanks.

Posted by Mini Bull > 2020-10-28 11:09 | Report Abuse

Now IB research can't refer

Posted by Luckup > 2020-10-28 11:48 | Report Abuse

There is no free dinner in the market. Most IB have their own agenda in suggesting buy/sell call.

Posted by Mikecyc > 2020-10-28 11:58 |

Post removed.Why?

Posted by Mikecyc > 2020-10-28 12:00 |

Post removed.Why?

Posted by calvintaneng > 2020-10-28 12:01 | Report Abuse

Posted by calvintaneng > Oct 28, 2020 12:00 PM | Report Abuse X

Cannot trust Aminvest lah

They gave Target Price for lapsap Mahsing at Rm1.50

Aminvest should change Target Price of Rm1.50 from Mahsing to 79 sen (correct)

And change Target Price of 79 sen for Luxchem to Rm1.50 (correct)

Follow Calvin Tan Research as Calvin done all the research already

Posted by Mikecyc > 2020-10-28 12:09 |

Post removed.Why?

Posted by Mikecyc > 2020-10-28 12:11 | Report Abuse

Just like scomies to Pump n Dump .. then said in PN17 within a month is small small issue .. see the price divide by 5 n recent QR result ..

Posted by Mikecyc > 2020-10-28 12:15 |

Post removed.Why?

Posted by calvintaneng > 2020-10-28 12:29 | Report Abuse

Bonus?

Yes

Luxchem should follow Esceramic to give bonus and free warrants

Posted by spicyketchup > 2020-10-28 13:03 | Report Abuse

Simple man logic, look at 2015,2016 good profit and then u see chart on trade view 2015,2016 compare to current price. about there dy leh. nowadays share price all priced in dy. zzz.

Posted by Gaussian > 2020-10-28 13:41 | Report Abuse

Wow raw material price increase so much

Posted by Mini Bull > 2020-10-28 13:46 | Report Abuse

cash cow, come come come ! Don't lose the boat

Posted by Woodswater > 2020-10-28 13:59 | Report Abuse

https://klse.i3investor.com/m/blog/gloveharicut/2020-10-26-story-h1535475991-Najib_Facebook_Post_comments_on_GLOVES_What_s_the_message.jsp

Posted by Woodswater > 2020-10-28 14:04 | Report Abuse

Lux is the safest healthcare related stocks without risk of effected by WINDFALL TAX rumored to b tabled during BUDGET 2021 on 6th Nov 2020 at PArliament by PM Tan Sri M !

Wakakakaka

Posted by calvintaneng > 2020-10-28 14:07 | Report Abuse

Yes correct

Rumour out there may have glove windfall tax

Posted by CHLEONG888 > 2020-10-28 14:54 | Report Abuse

Calvin and mikecyc, stop commenting, settle your problems outside this forum please, suggest both of you liaise via whatsapp

Posted by stockpip > 2020-10-28 15:34 | Report Abuse

Mikecy, people like you where can grow rich ? Bad karma following you for the rest of your pathetic life.

Posted by Mikecyc > 2020-10-28 15:51 |

Post removed.Why?

Posted by Mikecyc > 2020-10-28 15:52 | Report Abuse

Ha ha this is open forums to share facts views .. cant afford dont touch .. stockpee ..

Posted by stockpip > 2020-10-28 16:02 | Report Abuse

Just observe your own life. Need not say more

Posted by Woodswater > 2020-10-29 10:18 | Report Abuse

Does any sifu know increasing of fresh rubber price affected raw material n theafter glove sectir costing?

Posted by Woodswater > 2020-10-29 10:18 | Report Abuse

https://www.nationthailand.com/news/30396907?utm_source=homepage&utm_medium=internal_referral

Posted by calvintaneng > 2020-10-29 22:20 | Report Abuse

All medical gloves companies need Luxchem

Luxchem is now the major distributor of nitrile gloves chemical

Out there no more nitrile gloves chemical left as all fully prebooked and preSOLD

Posted by Mikecyc > 2020-10-29 23:52 |

Post removed.Why?

Posted by Mikecyc > 2020-10-29 23:52 | Report Abuse

Most synthetic rubber is produced in the United States, Japan, Russia, and the countries of Western Europe.

Posted by Mikecyc > 2020-10-29 23:55 | Report Abuse

Top Glove thinks big despite slowing growth of glove prices

* CORPORATE NEWS
* Friday, 18 Sep 2020 

PETALING JAYA: The growth rate of average selling prices (ASPs) for gloves is expected to slow in the coming months but that is not going to dissuade Top Glove Holding Bhd from committing RM8bil in capital expenditure for expansion over the next six years.

Top Glove executive chairman Tan Sri Lim Wee Chai (pic) said the ASPs for nitrile gloves is currently US$70 per 1,000 pieces and is expected to increase by 30% in October and 15% in November.


“For November onwards, we expect another 10% increase in ASPs for nitrile gloves, depending on the situation, ” he told reporters after Top Glove’s fourth-quarter result briefings. Nitrile gloves account for 47% of Top Glove’s production.

Posted by calvintaneng > 2020-10-29 23:55 | Report Abuse

Synthetic rubber for medical nitrile gloves are completely different

Posted by Mikecyc > 2020-10-30 00:01 |

Post removed.Why?

Posted by Mikecyc > 2020-10-30 00:07 |

Post removed.Why?

Posted by Mikecyc > 2020-10-30 00:08 |

Post removed.Why?

Posted by Mikecyc > 2020-10-30 00:15 | Report Abuse

2019 Revenue : USD 10.8 billion ...


YTY Group Kuala Lumpur, Malaysia $10.8 billion - include mother company group revenue.