Samchem Holdings - Rosy Demand Despite Disruption (report by RHB IB)
RHB IB report on Samchem today (21 July 2020). Join my Telegram channel for updates @worthystocks https://t.me/worthystocks #SAMCHEM
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KARYON (0054), potential beneficiary of surging glove production [$$bill]
KARYON (0054), potential beneficiary of surging glove production [$$bill] This is a follow up on my previous Karyon post, link: KARYON (0054), another under the radar Covid-19 play [$$bill] https://klse.i3investor.com/blogs/dollardollarbill/2020-07-08-story-h1509803774-KARYON_0054_another_under_the_radar_Covid_19_play_bill.jsp Upon further research, I discovered more interesting details on the company. Karyon could be seeing stronger growth due to higher demand for its stearate products which are used in the glove industry . These stearates are used in rubber glove manfucturing as an anti-tack agent (a material used so that the rubber won’t stick) You can Google more on how calcium stearate, zinc stearate and magnesium stearate are used in the glove industry. This is a website of one company that explains the use of these stearate in the glove industry: Source: https://www.mgmixing.com.my/faq.html Karyon’s 100%-owned Allbright Industries (M) Sdn Bhd manufacturers metallic stear
KARYON (0054), another under the radar Covid-19 play [$$bill]
KARYON (0054), another under the radar Covid-19 play [$$bill] Shopping at MR.DIY gave me an interesting stock idea - Karyon Industries Bhd . I noticed disinfectants on the shelves and took a closer look: Taking another closer look, the bottom of the logo stated “PUBLIC LISTED ON BURSA”. So this got me wondering if Karyon is another Covid-19 thematic stock which is still under the radar of most investors, as was with RGTBHD ( see my previous blog posts below ). - RGTBHD (9954), the newly discovered Covid-19 thematic play [$$bill] ( https://klse.i3investor.com/blogs/dollardollarbill/2020-05-21-story-h1507774981-RGTBHD_9954_the_newly_discovered_Covid_19_thematic_play_bill.jsp ) - RGT Bhd (RGTBHD 9554), riding on sanitiser dispenser demand caused by Covid-19 [$$bill] ( https://klse.i3investor.com/blogs/dollardollarbill/2020-06-01-story-h1507950107-RGTBHD_9554_riding_on_sanitiser_dispenser_demand_caused_by_Covid_19_bil.jsp ) The disinfectants are being sold in two versions: Ready-T
SCOMNET - No worries, growth is intact! [$$bill]
SCOMNET - No worries, growth is intact! [$$bill] Supercomnet Technologies Bhd (Scomnet) recently spooked the market after it released its Q1 report on 25 June. Investors became worried of its growth story after reading its Q1 financials notes which mentioned it anticipated revenue to decline this year. However, that turned out to be an inaccurate statement. Scomnet released an amended announcement on 30 June. Link: https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3064407 The company clarified that it actually anticipates growth in 2020: Scoment was probably referring to its traditional cable business when it mentioned that revenue would be lower. To me, Scomnet is a multiyear healthcare growth stock . It’s attractive also because there are not many heathcare stocks in the region that produces unique high-value medical products. Growth will be driven by its two main customers: US-listed Edwards Lifesciences Corp and D