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LUXCHEM (5143) : LUXCHEM CORPORATION BERHAD
ILoveDividend
Member StarMember Star
Posts: 521
Joined: Dec 2011		 26 Jan 2012, 08:04 PMPost #1
Luxchem is in my watchlist also. Good dividend and business is improving. Revenue & profit are growing, but profit margin is decreasing. This is why I am still thinking. Its profit margin is less than 5%, a bit too riskly to invest in this counter I guess, any drastic changing on the price of raw material or currency will affect its earning power unless they can pass the cost to their customer. Hope someone can share in more details.notworthy
gen_hwang
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Posts: 90
Joined: Dec 2011		 27 Jan 2012, 08:17 AMPost #2
I have not gone into details yet, but looking at their EPS since 2008, they appeared relatively unscathed by the business cycle fluctuations and forex movements. Even if profit margin is at 4-5%, it is still interesting considering the former.
ILoveDividend
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Posts: 521
Joined: Dec 2011		 29 Jan 2012, 11:56 AMPost #3
I have not gone into details yet, but looking at their EPS since 2008, they appeared relatively unsc...gen_hwang @ 27 Jan 2012, 08:17 AM
mmm...Since i have limited capital, i will wait for its margin profit to improve before considering to buy it. smile
gen_hwang
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Posts: 90
Joined: Dec 2011		 17 Feb 2012, 07:22 PMPost #4
Not too bad after all.
ILoveDividend
Member StarMember Star
Posts: 521
Joined: Dec 2011		 20 Feb 2012, 09:09 AMPost #5
mmm... profit margin dropping again. Does that means it is facing fierce competition now? But 6 cents dividend is given. thumbup
gen_hwang
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Posts: 90
Joined: Dec 2011		 20 Feb 2012, 07:16 PMPost #6
right.

[not vested]
csern888
Member Star
Posts: 28
Joined: Feb 2012		 18 Apr 2012, 09:59 PMPost #7
IR FAQ




WELCOME TO LUXCHEM CORPORATION BERHAD INVESTOR RELATIONS FAQS


1)   What is Luxchem’s core business?
      Luxchem core business is the supply of industrial chemicals. It has over 400 types of chemicals and 100 grades which it exports to a total of 12 countries.  Its large established customer base of over 700 provides the company considerable synergies to sustain and grow the business. Luxchem has been manufacturing unsaturated polyester resin and gelcoat since 1998 and is a local market leader in supplying unsaturated polyester resin (UPR).

2)   What is the par value of each share, issue price and the present amount of outstanding shares?
RM 0.50 is the par value, issue price is RM1.10 and at present the outstanding number of shares stands at 130 million.

3)   What is Luxchem’s fiscal year end?
31 December.

4)   Is Luxchem a proxy for the rubber glove industry?
      Currently around 20% of its revenue comes from the sale of synthetic latex (nitrile) and related chemical products to the top players like Kossan Rubber, Top Gloves, Supermax, Riverstone and Hartalega. Luxchem sources its nitrile from Zeon Chemicals of Japan which is a leading developer and supplier of innovative polymers, including synthetic elastomers and speciality chemicals. Luxchem has an established dealing relationship with Zeon Chemicals for over 20 years therefore an assurance of continuity.

5)   Who are the major shareholders?
Mr Tang Ying See and his wife Madam Chin Song Mooi collectively own 51% of the paid-up capital (directly & indirectly) in the company.

6)   What is the outlook for the Industry?
Although Luxchem specializes in industrial chemicals, its products are broadly diversified into four different segments of industry usage :- latex, rubber, pvc and fiberglass reinforced plastic (FRP). The company expects an overall growth of 10-15% for the year 2011.

7)   What is Luxchem’s expansion plan?
      Luxchem currently has 4 offices and warehouses in Penang, Port Klang, Ipoh & Johor and a sales and marketing office in Singapore. It has just incorporated a subsidiary in Indonesia. It is in the plans to set up a representative office in Vietnam to improve their services to customers in the region through a diversified product range.
 
8)   What is the dividend payout ratio?
      Luxchem is in a strong financial position with net cash of RM76.64m as at Dec 31 2010. Luxchem paid out a total dividend of 8 sen in FY2010. This represents a dividend yield of 7.62% at market price of RM1.05 (31 Dec 2010). LCB, with dividend paid out amounting to 36% of PAT in FY2008, 48% of PAT in FY2009 and 51% of PAT in FY2010, represents a generous trend in dividend payout. For FY2011, the Management has announced an interim dividend of 3 sen per share. Management is of the view that this trend is likely to continue as capacity expansion expenses have already been provided for and there are no large cash outflow expected. 
 
 
CTYap
Member Star
Posts: 19
Joined: Jul 2012		 31 Jul 2012, 09:54 PMPost #8
Anyone pay attention on this company? It continues to give stable earning and PE still <10. They just declared a interim dividend of 3sen per share.
tigerinn
Member Star
Posts: 7
Joined: Jun 2014		 11 Aug 2014, 02:30 PMPost #9
Luxchem is in my watchlist also. Good dividend and business is improving. Revenue & profit are g...ILoveDividend @ 26 Jan 2012, 08:04 PM
My friend are you still here? I totally agreed with you.I love its Div.,good
bal. sheet and is an asset play counter.How you see its now? I went to see one of
its factory before I Bought in at RM1.16.rolleyes
YAPSS
Member Star
Posts: 202
Joined: Mar 2019		 12 May 2019, 10:56 AMPost #10

Day 69 Fundamental Daily, YAPSS will be covering Luxchem Corporation Berhad's fundamental via a short animated video. It is solely based on my opinion and I hope it helps :) #YAPSS #FundamentalDaily #LuxchemCorporationBerhad

Click the on the link to find out more: https://youtu.be/6qqUmzoExKA
YAPSS
Member Star
Posts: 202
Joined: Mar 2019		 03 Apr 2020, 11:11 PMPost #11

YAPSS Quick Summary and Free 10 Years Financial Data of Luxchem Corporation Berhad:
https://www.yapss.com/post/luxchem-corporation-berhad-luxchem-5143
Sebie_Kelate
Member StarMember Star
Posts: 746
Joined: Dec 2016		 22 Apr 2020, 10:59 PMPost #12

FBO today?

price reached a new 52-week high
WKT168
Member Star
Posts: 1
Joined: May 2021		 03 Nov 2021, 02:22 PMPost #13

When you want to go up bro?

yeah
Kanail
Member Star
Posts: 29
Joined: Feb 2021		 07 Oct 2022, 03:22 PMPost #14

Need to be patient. 0.53  is a good buy now, do not let this oportunity pa.ss by
yapjohn
Member Star
Posts: 2
Joined: Oct 2022		 11 Oct 2022, 10:41 AMPost #15

stocks affected by PP price https://investingmalaysia.com/polyester-resin/
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yeah doh drool lol mad notworthy question rant rolleyes sad shutup shy smile star sweat thumbup wub cry

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