Manyak enyy...

Samchem

T/P has been upgraded.

check your pm

Refreshed

1) imported ? PU
I think mostly is imported.
The Dow Chemical Company 3rd quarter report.
Polyurethanes reported a strong increase in sales, primarily driven by price gains ( means sell in higher margin??). Demand growth was recorded in all geographic areas except Asia Pacific

2) used for construction industry ?
Polyurethane products are commonly used to paint furniture, cabinet doors, chairs, frames, picture-frames & etc.

can have a look in this co. where they make polyurethane finished products which is further advance.
http://polyprod.com/aboutus.html

3) Is the market ( price ) doing ok for past 3 months ?

Bayer MaterialScience raises prices for polyurethane raw materials
18 May 2010 - Bayer MaterialScience AG is raising the selling prices for the product groups diphenylmethane diisocyanate (MDI), toluene diisocyanate (TDI) and polyether (PET) worldwide by EUR 0.25/kg effective June 1, 2010.

Bayer MaterialScience raises prices for thermoplastic polyurethanes
25 Oct 2010 - Bayer MaterialScience AG is raising the selling prices for the product groups Desmopan®, Texin®, Desmoderm® und Desmomelt® in the Europe, Middle East, Africa, Latin America (EMEA/LATAM) region by EUR 0.25/kg effective November 1, 2010.
Again ~

Samchem :

Prospect is good since they set up Indo and Vitenam co early this year.

1st half sales jumped 100% , but depressed PU prices and initial costs to set up Indo and Vietnam operations.

Indo's market is 3x to 5x of Malaysia

They have currently 3000 customers in hand.

Borrowings in Banker Acceptance are cheap to finance credit sales or purchases.

Plus point : US $ is getting cheaper and thus good for import co

Regards

my portfolio is 85% invested in MEGB 

LCTH is the next promising counter with quarter result out this coming Thursday or Friday and at the current price of below 40 cents, it's a good buy.