TEXCHEM RESOURCES BHD

KLSE (MYR): TEXCHEM (8702)

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Last Price

0.83

Today's Change

+0.005 (0.61%)

Day's Change

0.825 - 0.84

Trading Volume

220,800


9 people like this.

1,922 comment(s). Last comment by UnicornP 3 weeks ago

Posted by Sebastian Sted Power > 2017-01-18 08:59 | Report Abuse

sapura you blow cow la.. But I will sell some Haio and add some to this counter.

Haio very yummy,, Frm 2++ fly almost 100%; texchem tak boleh..

Posted by Sebastian Sted Power > 2017-01-18 09:15 | Report Abuse

sapura, actually last 1-2week I managed got some at 1.38-1.41. Your 1.44 mahal la

Posted by Lincorn Matthieu Seven > 2017-01-18 14:22 | Report Abuse

sapura or sebastian, how you think the chance of bonus issue? Since the company keep buying the share since day 1 (Haio also like that).

Correct me if i'm mistaken

sapurakencana

1,144 posts

Posted by sapurakencana > 2017-01-18 16:25 | Report Abuse

i like this company because they never ask single cents from us (right issue).but we keep on received dividend when they perform better. Thanks\ you Texchem

Posted by Lincorn Matthieu Seven > 2017-01-19 08:56 | Report Abuse

sapura, so in your opinion any other stock that we can consider to buy?

sapurakencana

1,144 posts

Posted by sapurakencana > 2017-01-20 09:34 | Report Abuse

may be you can consider those counter below RM1 & low PE. Do your home work before invest.

Posted by Sebastian Sted Power > 2017-01-23 12:04 | Report Abuse

lincorn, seem like sapurakencara sifu is lecturing you that mother is a female?. Hahahaha

Posted by Sebastian Sted Power > 2017-01-23 14:56 | Report Abuse

incorrect sifu, you hold how many % in this counter? seem like you are the top commenter here. Be patient a bot. Lippun will give free voucher makan soon..

Hahaha!! I really like to makan Yoshinoya beef rice

Posted by Sebastian Sted Power > 2017-01-23 19:50 | Report Abuse

tapao some Yoshinoya beef rice for your dog

Posted by Sebastian Sted Power > 2017-02-02 08:44 | Report Abuse

happy roaster year to incorrect and sapura!

Posted by caveatemptor2050 > 2017-02-08 20:52 | Report Abuse

Lippun ok, got vision to open more restaurants..... but other local directors no brains lah!

Posted by Lincorn Matthieu Seven > 2017-02-13 12:10 | Report Abuse

the worst performance counter in my portfolio. Other counter so hot! DRB up, JAKS up! TEOSENG up! Texchem everyday ZERO!!!!!!!!!!!!!

Sapura bring to Holland. Ask ppl buy below 1.60

Posted by Sebastian Sted Power > 2017-02-13 12:45 | Report Abuse

Lincorn, you don't talk like that la. If Sapura can predict he will also become billionaire!!

Posted by Sebastian Sted Power > 2017-02-14 14:59 | Report Abuse

this coming QR should be able post +ve. Wonder why everyday drop but lippun no buy back

Posted by Lincorn Matthieu Seven > 2017-02-14 16:14 | Report Abuse

very fffffffXXX counter. Want to sell but rugi; no sell then keep droping

Posted by frleong2005 > 2017-02-19 02:49 | Report Abuse

Yalah. I bought at 1.62 cum dividend. Now only 2.41. Hope they can maintain dividend payment. Mkland stop paying 3 cts last year.

Posted by Lincorn Matthieu Seven > 2017-02-21 14:52 | Report Abuse

rubbish is rubbish! finally wash my hand. Total loss is RM600 after deduct that RM100 DIV

Posted by Lincorn Matthieu Seven > 2017-02-21 19:08 | Report Abuse

inccorect, you see now even no money for share buy back.. Where got ppl share buy back 1000,2000? Just like kindergarten.

Net loss RM600++ just a lesson for me

Posted by Sebastian Sted Power > 2017-02-21 20:31 | Report Abuse

lincorn, sorry to hear that. However, I believe this coming QR will be +ve because year end many people go shopping and makan makan makan

Aizai

215 posts

Posted by Aizai > 2017-02-23 13:23 | Report Abuse

23 Feb 2017 TEXCHEMChart 4th Quarter Report 271,898 11,351 9.31 10.00 Malaysia Stock - TEXCHEM Report 293%

Posted by sharkinsider > 2017-02-23 13:27 | Report Abuse

Chem chem chem all in play up up up!

Posted by Sebastian Sted Power > 2017-02-23 13:31 | Report Abuse

as predicted, +ve QR +293%

Incorrect, Wait to sell after that QR

Posted by supergreat > 2017-02-23 14:56 | Report Abuse

proposed 10 cent dividend

sapurakencana

1,144 posts

Posted by sapurakencana > 2017-02-23 15:45 | Report Abuse

The profit for this quarter should be RM11.6 mil + 6.5mil foreign currency gain=RM18.2mil.We should thanks & salute to the management.

sapurakencana

1,144 posts

Posted by sapurakencana > 2017-02-23 16:06 | Report Abuse

pls refer to Qtr report release just now

sapurakencana

1,144 posts

Posted by sapurakencana > 2017-02-23 16:35 | Report Abuse

Outstanding share in the market is less than 30%,that why this share so easy to goreng

Jack Leo

230 posts

Posted by Jack Leo > 2017-02-23 17:17 | Report Abuse

Get ready tomorrow.. Outstanding profits, with strong fundamentals. $1.80 incoming

Posted by Sebastian Sted Power > 2017-02-23 17:47 | Report Abuse

next will be bonus issue

Jack Leo

230 posts

Posted by Jack Leo > 2017-02-23 17:57 | Report Abuse

bonus issue is very unlikely..but looking forward to another strong quarter

sapurakencana

1,144 posts

Posted by sapurakencana > 2017-02-23 18:11 | Report Abuse

I agree with Jack Leo,my also dont like bonus issue (it only reduce the potential to hit new high).

Posted by Sebastian Sted Power > 2017-02-23 19:17 | Report Abuse

sapura, you blow only, See Haio give bonus also very strong

sapurakencana

1,144 posts

Posted by sapurakencana > 2017-02-23 19:37 | Report Abuse

do you know why Haio still very strong .This is due to their cash flow very strong (70-80 mil)same as Amway,Nestle,dlady,Guiness,Calsberg & F & N.Then institution investor will hold for long due to their generous dividend payout .

Posted by caveatemptor2050 > 2017-02-23 20:24 | Report Abuse

Good to see so many comments recently! Today volume shot up and many "weak" holders selling out; also many "wise" sellers cashing in to use the money to buy other shares. I noticed past month since dividend paid out and the price fell sharply....... Hope price trend will change from today. As uncle Koon says, must give share split or bonus shares..... this counter is tightly held by Lippun. In the market very few shares to buy and sell. Hope for the best end March!

moneySIFU

5,862 posts

Posted by moneySIFU > 2017-02-23 22:48 | Report Abuse

Net profit for latest QR = RM11.7mil

Included in other income are:
Gain on disposal of associate RM16.2mil
Forex gain RM2.4mil

http://cdn1.i3investor.com/my/files/dfgs88n/2017/02/23/1485791334--21694595.pdf

calvintaneng

56,542 posts

Posted by calvintaneng > 2017-02-23 22:56 | Report Abuse

Yes moneySIFU

You are sharp!

I think the gain on disposal of associate was fumakilla.

Now TEXCHEM got 4 very viable businesses

1) INDUSTRIAL DIVISION

2) POLYMER

3) SEAFOOD Export From Japan to China- soft shell crabs

4) SUSHI KING restaurants


And Best of all I SEE the high Value Properties of TEXCHEM located in hot booming regions.

On All Counts Texchem looks like a Great Growth Stock With High NTA Plus decent dividends.

These Nihon-Jin are really good & honest so far compared to conman companies from China

moneySIFU

5,862 posts

Posted by moneySIFU > 2017-02-23 23:04 | Report Abuse

Thanks, Mr Calvin, will study more

calvintaneng

56,542 posts

Posted by calvintaneng > 2017-02-23 23:10 | Report Abuse

I SEE these Nihon-Jin are quite smart

1) Manufacture chemical products for export to Asia-Pacific Region using Malaysia as a low cost base

2) Polymer products. Taking advantage of Malaysia being a Top Crude Oil producer. So sourcing basic material for polymer here is economical

3) Exporting seafood from Japan to China. Cultivating soft shell crab in Japan for export to China

4) Also start seafood manufacturing in low cost Myanmar for export to other ASEAN nations

5) And with cheap abundant source of seafood starts over 30 SUSHI KING restaurants in Malaysia.

6) They also owned most of the warehouse & factories that process the seafood & chemical products in prime prime areas of Malaysia & other ASEAN nations. Very clever these Nihon-Jin

7) One more thing. They are generous with dividends from 10 cts to 15 cts yearly.

From all angles TEXCHEM looks like a GOOD BUY!

sapurakencana

1,144 posts

Posted by sapurakencana > 2017-02-23 23:41 | Report Abuse

May i know who isNihon-Jin

supersaiyan3

3,134 posts

Posted by supersaiyan3 > 2017-02-23 23:47 | Report Abuse

Nihon Jin is 日本人。

calvintaneng

56,542 posts

Posted by calvintaneng > 2017-02-23 23:48 | Report Abuse

Nihon = Japan

Jin = people

pantor

336 posts

Posted by pantor > 2017-02-23 23:48 | Report Abuse

Dividend yield 6 to 7 %.

sapurakencana

1,144 posts

Posted by sapurakencana > 2017-02-23 23:56 | Report Abuse

Thanks Calvin

Posted by Sebastian Sted Power > 2017-02-24 00:56 | Report Abuse

incorrect, you see suddenly many ppl blowing here. Previously only you and me greet each other 'happy roaster year'.

That time I also greet sifu sapura but he no give face to me.

Tiger_shark

1,902 posts

Posted by Tiger_shark > 2017-02-24 09:15 | Report Abuse

loss making company, forget it

calvintaneng

56,542 posts

Posted by calvintaneng > 2017-02-24 11:36 | Report Abuse

Just buy for these reasons:

1) This is a stable company with 4 main divisions. Quite defensive businesses like Food, Restaurant, Polymer & raw industrial products

2) Its High NTA are of great value which have appreciated in prices. If sold they could register huge windfall gains

3) Company pays 10 cts to 15 cts dividend which translate to a yield of between 6.7% to 10.08% - far better than Bank FD Rate

And for side kick example = Oldtown did well because of China imports of its White Coffee beverages.

So with over 100 SUSHI KING Restaurants in Malaysia ready to receive tourist business will improve this year as ringgit is cheap for inbound tourists.

calvintaneng

56,542 posts

Posted by calvintaneng > 2017-02-24 13:06 | Report Abuse

Whoa!

Just found out!

Sushi King was founded in 1995 with first outlets only in Malaysia.

Hmmm?

Just like Kfc, McDonald, PapaRich, Oldtown coffee branching out into the world through franchisee expansion TEXCHEM has a valuable brand name in Sushi King. Maybe it should also expand to Japan. Wowee!

Posted by Sebastian Sted Power > 2017-02-24 16:38 | Report Abuse

Calvin please don't be stupid and fool. How can a sushi buatan Malaysia expand to Japan. I think you are very poor and no chance travel to Japan and compare the sushi Japan and sushi Malaysia

I'm working at a Japan MNC and always travel to Tokyo. Please dont give stupid statement and dont grab opportunity blow here and earn credit

Jack Leo

230 posts

Posted by Jack Leo > 2017-02-24 20:01 | Report Abuse

Hahqhahaha.. Calvin kena roast. Yeah, sushi king is catered for the Malaysia's market. Sushi king is the only value for money / not too expensive yet quality is not compromised

You can eat at sushi king and it will not burn your pocket. The fast food type of sushi bar

calvintaneng

56,542 posts

Posted by calvintaneng > 2017-02-24 20:26 | Report Abuse

Sebastian

Sebastard

SEE BASTARD!!


Calvin already took the Shinkansen Bullet Train From Kyoto to Osaka decades ago!

I ate sushi in Tokyo, Ramen in Kyoto & visited the 300 year old Japanese Show Village!!

Tell you what?

SUSHI KING tastes better. I also visited China - in Shenzhen food is sweet. In Beijing food is saltish & in Sichuan food is spicy hot with chilli. I also visited Korea for its excellent succulent ginseng chicken. USA for their US$3.00 only all you can eat buffet in Las Vegas. Visited Mumbai & ate dhal with rice for 27 days!

Don't look down on Sushi King! One day it might surprise you.

Surprise?

Yes, OldTown White Coffee Mix is a surprise. When I promoted Tudor Gold Chocloate in Supermarkets Tourists from China asked for OldTown White Coffee.

China already got hundred years history of coffee drinking. Yet Oldtown Coffee made inroads into China

See China coffee history:

http://www.blackapollopress.com/coffee/chapt25.html


See Oldtown coffee going into China

http://www.theedgemarkets.com/my/article/oldtown-white-coffee-hit-china-october


Don't be surprised SUSHI KING GOING PLACES SOME DAY!

Posted by Sebastian Sted Power > 2017-02-25 00:27 | Report Abuse

That fool continue blow nonsense, Talk like expert and experience decade ago.

I dont mind that fool called me bastard because that "expert and experience decade ago" confirm got Alzheimer's Disease!

All my Japanese colleague said sushi king taste like garbage. Confirm no way enter Japan; expand to China maybe can

Then mislead people by comparing with coffee. Coffee buy one pack 3in1 can keep one year expiry and just add hot water .

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