Highlights
KLSE: LUXCHEM (5143)       LUXCHEM CORP BHD MAIN : Industrial Products
Last Price Today's Change   Day's Range   Trading Volume
0.435   -0.02 (4.40%)  0.435 - 0.47  1,134,300
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Overview

Market Cap: 390 Million
NOSH: 896 Million
Avg Volume (4 weeks):1,418,200
4 Weeks Range:0.33 - 0.575
4 Weeks Price Volatility (%):
42.86%
52 Weeks Range:0.33 - 0.60
52 Weeks Price Volatility (%):
38.89%
Average Price Target: 0.58
Price Target Upside/Downside: +0.145
Stamp duty exempted for year 2020

Financial Highlight

Latest Quarter | Ann. Date 31-Dec-2019 [#4]  |  17-Feb-2020
Next QR | Est. Ann. Date: 31-Mar-2020  |  30-Apr-2020
T4Q P/E | EY: 10.35  |  9.66%
T4Q DY | Payout %: 5.06%  |  52.41%
T4Q NAPS | P/NAPS: 0.3347  |  1.30
T4Q NP Margin | ROE: 4.83%  |  12.55%

Headlines

Date Subject
30-Mar-2020 手套销售看涨‧理建财测调高
12-Mar-2020 Trading Stocks (Mid-Day) - Luxchem
19-Feb-2020 【行家论股/视频】理建机构 市场追捧估值变贵
18-Feb-2020 Luxchem Corporation - Flattish FY19, But Better Prospects Ahead
18-Feb-2020 Mplus Market Pulse - 18 Feb 2020
18-Feb-2020 Luxchem Corp - COVID-19 to Help Lift Earnings; Maintain BUY
13-Feb-2020 Daily Market Update - 13 Feb 2020 (LUXCHEM, SERBADK)
12-Feb-2020 Luxchem Corp - Ride the Corona Wave; Stay BUY
04-Feb-2020 [转贴] Luxchem | 疫情升温,准备乘风破浪了吗?- investalone
09-Dec-2019 Luxchem Corp - Expansions on Track; Stay BUY
25-Oct-2019 LUXCHEM CORPORATION - Lower selling prices impacted 3QFY19 sales
25-Oct-2019 Mplus Market Pulse - 25 Oct 2019
03-Oct-2019 [转贴] 浅谈石油化学行业 – PCHEM、LCTITAN、SAMCHEM和LUXCHEM - RH Research
01-Aug-2019 【视频】理建机构 ESOS稀释目标价
31-Jul-2019 Luxchem Corp - Results in Line; Stay BUY
31-Jul-2019 Mplus Market Pulse - 31 Jul 2019
31-Jul-2019 Luxchem Corporation - 1HFY19 Core Profit 4% Lower But TMSB Powers Ahead
31-Jul-2019 Stocks on Radar - Luxchem Corporation (5143)
13-May-2019 Luxchem Corporation Berhad (KLSE) #FundamentalDaily - YAPSS
06-May-2019 Trading Stocks - Luxchem Corporation

Business Background

Luxchem Corp Bhd is a Malaysia based company engaged in the import, export, and distribution of petrochemical and other related products. It operates through two reportable segments namely Trading and Manufacturing. The Trading segment comprises of import, export, and distribution of petrochemical and other related products. The Manufacturing segment engages in manufacturing and trading of unsaturated polyester resin and related products; and manufacturing and trading of latex chemical dispersions, latex processing chemicals, and related products for the latex industry. Geographically, the firm has its presence across the region of Malaysia, Vietnam, Indonesia, Thailand, Singapore, Bangladesh, and Australia.
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  4 people like this.
 
Panorama1 https://www.klsescreener.com/v2/announcements/view/3109044
Good QR & Dividend for period prior to Covid-19.
Looking forward to even better QR for FY2020. Watch the QR1 FY2020 to be announced in May 2020 with the positive impact from Covid-19 :-)
17/02/2020 1:32 PM
Patrick13 Good result within expectation and 1.25 sen dividend declared.
I like the free cash flow is strong. As capex requirement is low, may expect more generous dividend in the next 1-2 years.
17/02/2020 1:33 PM
Panorama1 Strong Balance Sheet. Cash position has increased further from RM107m to RM126m in this challenging and turbulent economic period of 2020. In addition, LuxChem in a glove related sector that is positive due to the evolving Covid-19. I am glad I have the first mover advantage by panic buying and maximizing my investment @ 0.515 on 5/2. QR 2019 lower trading sales was mainly due to the protracted US-China trade war that impacted most Companies.
17/02/2020 1:41 PM
lkoky dividend yield <2.5%
17/02/2020 2:27 PM
Panorama1 Annual Dividend yield nearing 5% based on ~ 0.50 entry price. Profitability & dividend rate (Special Dividend ?) expected to be even higher in 2020 arising from the positive impact of Covid-19 in this environment of low FD interest rate.
17/02/2020 2:38 PM
zhangliang finally running!
18/02/2020 12:01 PM
Panorama1 0.545 is still good entry point for those that have yet to Buy :-)
18/02/2020 12:02 PM
Panorama1 Time & Tide Waits For No Man. Go with the flow & do not bother to fight the opposing Tide.
18/02/2020 12:17 PM
tanflash1314 Did I say otw to Rm2.0?
18/02/2020 4:33 PM
DickyMe2 The Board of Directors of the Company is pleased to announce an interim dividend of 1.25 sen per share under the single tier system for the financial year ended 31 December 2019.

The dates of entitlement and payment in respect of the interim dividend will be determined and announced in due course.

This announcement is dated 17 February 2020.
19/02/2020 10:23 AM
DickyMe2 "
tanflash1314 Did I say otw to Rm2.0?
18/02/2020 4:33 PM"

tanflash1314 That was 2018 Panaroma.
Just keep buying nw. Otw to Rm2 instead of Rm1. <<<<<<<<
17/02/2020 10:10 AM <<<<<<<<<
19/02/2020 10:57 AM
DickyMe2 "Entitlement Date and Time: 20/04/2020 04:30 PM "
Why entitlement date so far away?
20/02/2020 10:02 AM
東风 Need to find money to pay dividen
20/02/2020 11:39 AM
Panorama1 Luxchem has ample cash to pay dividend since RM132m in Cash/Bank as at 31/12/2019 based on the latest QR. Their borrowings (positive gearing) of RM60m plus solely as natural hedging in Rupiah and excellent Treasury Management. Hopefully, with a projected good QR1 2020, we look forward to an increased in annual dividend plus Special Dividend in FY 2020 :-)
20/02/2020 12:26 PM
tanflash1314 @DickyMe2 Because going to wash 1 more round before reli hike up.
20/02/2020 7:02 PM
DickyMe2 "Posted by tanflash1314 > Feb 20, 2020 7:02 PM | Report Abuse
@DickyMe2 Because going to wash 1 more round before reli hike up."

Well, hope it does.
20/02/2020 7:04 PM
東风 Oh wash until .49
28/02/2020 12:21 PM
東风 Pengsan
28/02/2020 12:21 PM
tanflash1314 is alright. i hope it wash somemore. lol. i still topping up.
03/03/2020 11:40 PM
Endgame Any reason this company is related to Covid19 theme play?
05/03/2020 8:38 AM
roger3210 The emerging trend in the industry is favourable to Luxchem Corp Bhd, which supplies nitrile (synthetic latex) to glove producers, such as Hartalega Holdings Bhd, Top Glove, Supermax, and Kossan Rubber Industries Bhd.

https://www.theedgemarkets.com/article/luxchem-rides-high-latex-prices

This explain why luxchem related to Covid19 theme play.
05/03/2020 9:53 AM
roger3210 lol, stncws talk like an idiot. Only his ekovest keep sinking non stop
06/03/2020 11:42 AM
Endgame Wah... Yahoo
06/03/2020 12:47 PM
Endgame Better i take profit first as we don't know what will happen next week
06/03/2020 3:50 PM
soon9913 glove counters will be bullish in the next few months.
08/03/2020 10:11 PM
soon9913 why so fast lock profit and it is not much
08/03/2020 10:11 PM
tah16600 Buy now ,in 2 months time got dividend, how nice
11/03/2020 9:31 AM
tah16600 Unnoticed gem to be ponder --related to gloves industries
11/03/2020 9:39 AM
ImCK are you ready luxchem ? glove booming
12/03/2020 11:49 PM
Endgame Better cut...
13/03/2020 8:49 AM
tanflash1314 I dont have Bullets ald. Around 500k into this stocks with paper loss 120k.

Omg..
13/03/2020 1:24 PM
tanflash1314 I am not confident ald..
13/03/2020 1:24 PM
Sam Chong Then u May sell it, me too scaring now and start selling
13/03/2020 4:35 PM
Matcha Green Tea Why simply cut when you should have confidence in this stock? Assuming you are right you have entry price 0.59.

There is a dividend coming in. If you don't need the money right away why not have a look at the upcoming qr or wait even the next qr?
15/03/2020 7:19 PM
longinvest looks like selling pressure less...now may be reversing loss in progress....
17/03/2020 11:51 AM
tanflash1314 Endgame is rite. Bt I dint cut. Losses up to 40%
19/03/2020 1:25 AM
CARI MAKAN last came......when come again
19/03/2020 4:52 PM
boonwei98 Low oil price is good for Luxchem right?
20/03/2020 9:45 AM
kenvicsan Luxchem is shutting down its operation during this period, next quarterly financial result might be affected.
24/03/2020 3:49 PM
Sam Chong But base on rhb research the company is still running, so anyone can give a confirmation?
25/03/2020 8:22 PM
Doer I thinking it is running bcoz TM is upstream for glove industry. Glove shud be running during this important moment.
27/03/2020 7:49 AM
yfchong This should be sound investment
28/03/2020 9:02 PM
tah16600 To survive in share market must buy stocks with good dividend
30/03/2020 10:31 AM
tah16600 Glove companys depend on Luxchem loh !! better buy quick
30/03/2020 11:30 AM
tah16600 No Luxchem no gloves
30/03/2020 11:43 AM
wesley_gold Buy LUXCHEM TP RM0.650

Glove stock expensive already, now aim LUXCHEM for the chemical materials used for glove production

理建2019财政年业绩表现平平,但随著冠病疫情爆发,该公司手套相关销售料将增高,分析员纷纷上调财测和目标价

latest news from: https://www.sinchew.com.my/content/content_2243898.html
30/03/2020 3:45 PM
tah16600 Insider buying
31/03/2020 9:13 AM
wesley_gold Buy LUXCHEM at RM0.65 (from RHB investment) and RM 0.56 (from Aminvestment) as:

i) Higher demand for chemicals used in the manufacture of gloves on the back of the Covid-19 outbreak. Typically, glove-related sales make up ~35% of Luxchem’s total turnover

ii) This is timely as it has just expanded its latex manufacturing arm’s (TMSB) capacity by 30% to 18K MT in 4QFY19 from 13.8K MT. The company foresees the utilization rate of TMSB reaching close to full capacity by the end of 2020

iii) The company has yet to encounter any supply chain issues as a result of the Covid-19 outbreak. However, Luxchem is mindful of a potential disruption if the situation persists as it sources a substantial portion of its inputs from China (China is slowly reopen those factories - http://www.rfi.fr/en/international/20200330-covid-19-epicentre-wuhan-begins-to-reopen-after-2-months-under-lockdown-china-coronavirus-outbreak)

Source: https://klse.i3investor.com/blogs/AmInvestResearch/2020-02-18-story-h1483853802-Luxchem_Corporation_Flattish_FY19_But_Better_Prospects_Ahead.jsp
31/03/2020 12:35 PM
wesley_gold Asean markets rise as China factory activity rebounds

https://www.thestar.com.my/business/business-news/2020/03/31/asean-markets-rise-as-china-factory-activity-rebounds
31/03/2020 1:31 PM
Panorama1 Strong balance sheet with ample cash. I have been happily average down and accumulate all the way down to 0.33. An excellent penny stock to accumulate as Cash rich Company will definitely survive and benefit from Covid-19 situation in the medium/long term in addition to staying invested in Glove related counters.
01/04/2020 9:51 AM


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