THE INVESTMENT APPROACH OF CALVIN TAN

HEXCAP (0035) A LOOK AT ITS BALANCE SHEET, Calvin Tan

calvintaneng
Publish date: Wed, 26 Jun 2024, 11:58 PM
calvintaneng
0 1,832
Hi Guys,

I have An Investment Approach I which I would like to all.

Dear friends of i3 Forum,


Let us look at the Balance Sheet of HEXCAP (Refer Bursa)


Rm138.213 Millions (Investment in Associates )

Rm21.867 millions Cash 


cash and cash equivalent 


= Rm160.08 Millions 


less debt Rm39.705 millions 


= Rm120.375 millions cash/ cash equivalent 


it is 32.1 sen cash/cash equivalent per share 


since Hexcap is 53 sen

with 32.1 sen cash 

it is 60.5% pure cash and cash equivalent in shares of Binacom, Transgrid and construction associates 


One of the best balance sheet around plus great prospects ahead 


Hexcap now 53 sen


highest was Rm1.79


See if Hexcap can rebound back 


With Warm Regards 

Calvin Tan 


please buy or sell after doing your own due diligence or consult your remisier/fund manager 

Discussions
Be the first to like this. Showing 2 of 2 comments

calvintaneng

The balance sheet of Jcy, notion and Dufu all in net cash positive

Hexcap towers above in 60.5% being cash/cash equivalent

3 days ago

calvintaneng

Once a generation demand for power

Once a generation demand for optic fibers

2 days ago

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