LUXCHEM CORPORATION BHD

KLSE (MYR): LUXCHEM (5143)

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Last Price

0.475

Today's Change

-0.005 (1.04%)

Day's Change

0.47 - 0.485

Trading Volume

112,200


5 people like this.

4,447 comment(s). Last comment by targetinvest 2 months ago

Brutus

313 posts

Posted by Brutus > 2022-02-18 08:28 | Report Abuse

Was hoping for 2c dividend after they skipped last quarter with no dividend. But looking at long term, LUXCHEM is on the right track.

pilato

236 posts

Posted by pilato > 2022-02-18 09:27 | Report Abuse

Got profit also, share price going down..what is on right track? Going dowm arrr

danchong

502 posts

Posted by danchong > 2022-02-18 10:01 | Report Abuse

Yes, with 208m cash in hand, one sen dividend is disappointing. Bank borrowing is only 84m. The management has not indicated how they intend to use the money. The inventory of 130m is much higher than the 73m in 2020. This should be good as cost has risen lately.

danchong

502 posts

Posted by danchong > 2022-02-18 10:48 | Report Abuse

Agree with Brutus that long term prospect is bright, especially their expansion into the China market. From 24,000 to 28m. The export expanded 47% too. The growth is commendable.

thesigncom

474 posts

Posted by thesigncom > 2022-02-18 11:24 | Report Abuse

Should let the big boss' son get slapped at hotpot restaurant ... Luxchem sure spike to 85sen. HAHA

Posted by gushenzhilu > 2022-03-15 16:18 | Report Abuse

How? Emm

Posted by Silentreader88 > 2022-03-17 11:36 | Report Abuse

Just collect. This counter is the most laggard compared to other HC related counter, once they all at rest this counter will shoot up. Fundamentally is promising

danchong

502 posts

Posted by danchong > 2022-04-04 13:28 | Report Abuse

Can sense some buying interest for the past two days

danchong

502 posts

Posted by danchong > 2022-04-06 15:12 | Report Abuse

DickyMe, do you think the buying is fake?

HK_Trust

77 posts

Posted by HK_Trust > 2022-04-07 15:01 | Report Abuse

Taiwan fellow news, this time Covid will be more worsen then previous

Posted by gushenzhilu > 2022-04-07 22:17 | Report Abuse

Hi Dicky Me, why u sounds so funny and feeling so bad on this counter?

Posted by gushenzhilu > 2022-04-07 22:18 | Report Abuse

A big gameplay might be coming this year or next year or next next year. HAHAHA

lastwing

20 posts

Posted by lastwing > 2022-04-14 08:56 | Report Abuse

Slowly they will recovery.

neonstrife

466 posts

Posted by neonstrife > 2022-04-21 09:56 | Report Abuse

https://www.theedgemarkets.com/article/luxchem-acquire-block-n-jaya-one-rm1998-mil

KUALA LUMPUR (April 20): Plastic material and resin manufacturer Luxchem Corp Bhd has proposed to acquire a leasehold property in Petaling Jaya, Selangor, for a total consideration of RM19.88 million.

The company said it intends to shift its head office to the newly acquired property, amid space constraints at its existing head office situated in Damansara Utama.

According to Luxchem’s bourse filing, Luxchem Trading Sdn Bhd (LTSB), a wholly-owned subsidiary of the company, has entered into a sale and purchase agreement (SPA) with Worldwide Emergency Assistance (Malaysia) Sdn Bhd to purchase the whole of Block N at Jaya One, Petaling Jaya.

The property has a built up area of 28,578.2 sq ft, with a 99 years leasehold tenure due to expire on May 28, 2105. It is also free from all encumbrances and not subject to any restriction in interest.

Luxchem said the purchase price was arrived at on a willing buyer-willing seller basis after taking into consideration the assessment on the location, accessibility, suitability of the site, availability of public services and development of the surrounding area.

“The settlement of the purchase price will be funded by cash via internally-generated funds and bank borrowings,” it said, adding that the proposed acquisition is expected to be completed within three months from the date of the SPA.

Luxchem’s share price finished 2.14% or one and a half sen lower at 68.5 sen on Wednesday (April 20), bringing it a market capitalisation of RM732.86 million.

boy2ts

215 posts

Posted by boy2ts > 2022-06-14 13:09 | Report Abuse

move pls..

imvu

7,888 posts

Posted by imvu > 2022-06-20 07:48 | Report Abuse

0.585 , oversold ? rebound sama dengan glove ?

PunTatBerSiul

1,001 posts

Posted by PunTatBerSiul > 2022-06-22 22:20 |

Post removed.Why?

Zackmeiser

309 posts

Posted by Zackmeiser > 2022-07-18 17:06 | Report Abuse

Downtrending. Time to accumulate

DickyMe10

83 posts

Posted by DickyMe10 > 2022-08-29 11:15 | Report Abuse

LIM KUANG SIA (49,200,000 units Acquired)
CHOW CHENG MOEY (49,200,000 units Disposed)

Right hand to Left hand
Kiri Kanan
Depan cucuk keluar belakang.

Net = 0

Posted by gushenzhilu > 2022-10-28 00:29 | Report Abuse

bad results. going to fall

Luckup

41 posts

Posted by Luckup > 2022-12-05 18:56 | Report Abuse

bad result,but price hold steady. so, once earning improve, possible price jump.

Posted by gushenzhilu > 2022-12-07 23:42 | Report Abuse

other counters all rebound. this counter forever sleeping

fortunefire

1,519 posts

Posted by fortunefire > 2023-04-05 14:52 | Report Abuse

think the price will drop further after the ex-date.

Posted by gushenzhilu > 2023-05-25 15:53 | Report Abuse

road to 30sen bros. faster dump

Posted by gushenzhilu > 2023-05-29 21:52 | Report Abuse

@DickyMe you also holding alot of shares like me?

DickyMe

14,892 posts

Posted by DickyMe > 2023-06-08 13:02 | Report Abuse

This fellow hiked up no of shares by printing ESOS.

In 2014 increase of 100%
In 2017 increase of 300%
Current increase ~15%

They diluted it and now buying back their own shares.

It is limbo rock show!

fortunefire

1,519 posts

Posted by fortunefire > 2023-06-15 09:45 | Report Abuse

madam chin keeps on buying back. good news coming?

4ever5

316 posts

Posted by 4ever5 > 2023-08-27 23:17 | Report Abuse

A stock that i trapped myself for a year with lost, but continue to average down this stock.. hold long as long as continue giving dividend.

Michael Kwok

6,445 posts

Posted by Michael Kwok > 2023-10-31 00:17 | Report Abuse

Luxchem 51cents
Buy on weaknesses if got dip below 49 cents
15 trading days period and try
60 cents range
30/10/23 12.17am

thesigncom

474 posts

Posted by thesigncom > 2023-12-07 12:14 | Report Abuse

board of directors keep buying as the price is being pressed down

speakup

27,040 posts

Posted by speakup > 2024-01-02 13:22 | Report Abuse

Rumour created by u?

MACD

116 posts

Posted by MACD > 2024-02-27 10:37 | Report Abuse

QR ok and giving dividend

thesigncom

474 posts

Posted by thesigncom > 2024-03-19 10:30 | Report Abuse

board quietly and slowly accumulating

thesigncom

474 posts

Posted by thesigncom > 2024-04-26 12:04 | Report Abuse

price now at 2 year high

LaoHaidi

332 posts

Posted by LaoHaidi > 2024-04-30 22:00 | Report Abuse

Because demand for latex chemical was high during Covid era. It rode up with glove companies

Siow Looi

426 posts

Posted by Siow Looi > 2024-05-15 11:29 | Report Abuse

Sapu first, glove mania is back

jerret

30 posts

Posted by jerret > 2024-05-15 15:15 | Report Abuse

no harm to collect good stock with low price

azfar8

975 posts

Posted by azfar8 > 2024-05-30 17:33 | Report Abuse

Not so luck

jerret

30 posts

Posted by jerret > 2024-06-04 21:29 | Report Abuse

gap is sealed, market sentiment is back today..inventory for glove is almost used out, perhaps need to purchase raw material from luxchem in tandem with glove demand start picking up

LaoHaidi

332 posts

Posted by LaoHaidi > 2024-06-11 20:42 | Report Abuse

That's right and Malaysia can achieve double-digit growth in rubber gloves export in 2024

DickyMe

14,892 posts

Posted by DickyMe > 2024-06-20 23:54 | Report Abuse

Next month QR.
Collect some bit by bit.

LaoHaidi

332 posts

Posted by LaoHaidi > 2024-07-03 12:01 | Report Abuse

Current share price = NTA value 😁

LaoHaidi

332 posts

Posted by LaoHaidi > 2024-07-20 16:21 | Report Abuse

Breaking 60 sen next week I guess ..

Schwoosh

35 posts

Posted by Schwoosh > 2024-07-25 16:08 | Report Abuse

Dividend is coming

LaoHaidi

332 posts

Posted by LaoHaidi > 2024-07-30 18:29 | Report Abuse

Yup, end of Aug

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