Risk factor
Very poor trading liquidity
Profitability factor
Greatly undervalued vs peers
About
Texchem Resources Bhd, an investment holding company, engages in industrial, polymer engineering, food, restaurant, and venture businesses. The company offers plastic resins, rubber/latex chemicals, PVC and coating/ink resins and additives, adhesive chemicals, food ingredients, personal care and pharmaceutical additives, dyestuffs and textile auxiliaries, hand sanitizers and surface disinfectants, 3-ply face masks, and face shields. It also provides polymer solutions and designs to the data storage, semiconductor, consumer electronics and electrical, telecommunications, and medical devices/life science industries. In addition, the company offers fresh, frozen, value added, sashimi grade, and dried seafood, as well as surimi, surimi-based, and fishmeal products. Further, it operates restaurants under the Sushi King, Hoshino, and the Miraku brand. Additionally, the company rents properties; manufactures extruded plastics sheets and polymer compounds; trades in chemicals, plastic resins, and other products; acts as an agent of electronic component parts and general merchandise; operates cafes; trades in medical devices and equipment; and provides management, consultation, and insurance agency services. It also manufactures thermoformed packaging's, embossed carrier tapes, plastic engineering precision parts, precision injection molded trays/parts, molds and toolings, and plastic injection molded parts/products; and develops technology for high precision/ultra clean injection molded products. In addition, the company provides food processing services; and designs, manufactures, and trades flexo photopolymer printing plates. Texchem Resources Bhd was founded in 1973 and is based in Penang, Malaysia.
Company Valuation
From both historical and forecast perspectives, the stock is considerably underpriced compared to similar stocks. In particular, the stock is reasonably priced on P/E, 'c
Target Price
The average target price of 8702.KL is 1.4 and suggests 78% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to incr
