Megachem

Broker's Calls

SAC Capital initiates 'buy' on Megachem with TP of 55 cents

The company’s sticky relationship with customers allows for high order book visibility and studier margins.
Megachem achieves record revenue but higher costs weigh on bottomline - THE EDGE SINGAPORE

Results

Megachem achieves record revenue but higher costs weigh on bottomline

Chew expects the current FY2023 to be a difficult one because the weakness in industrial production,

Results

Megachem 1HFY2022 earnings up 18% on higher sales

The company plans to pay an interim dividend of 0.8 cent per share.

Results

Megachem reports 2HFY2021 earnings of $4 mil, up 64.5% y-o-y

The company plans to pay a final dividend of 1.2 cents per share, bringing FY2021 total to two cents
Largest shareholder of APPT sees stake rise; Megachem MD Chew buys more - THE EDGE SINGAPORE

Insider moves

Largest shareholder of APPT sees stake rise; Megachem MD Chew buys more

APPT is guiding for a full year distribution of a cent per unit

Controlling shareholders of Megachem and RE & S top up respective stakes

Megachem's strategy is to have diversification in terms of customer base as well as supply sources

Broker's Calls

SAC lifts Megachem Limited's TP to 55 cents on the back of record 1H21 results

The tailwinds that led to Megachem's stellar results are also sustainable going into the 2HFY2021: SAC Capital.
Megachem reports 32% jump in FY2020 earnings - THE EDGE SINGAPORE

Results

Megachem reports 32% jump in FY2020 earnings

The company enjoyed other income of $1.9 million of government grants, fair value gain from quoted securities and associates
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