The Ghost.

Kirlbert - you are the reason the price went silent because you keep saying it will go down.

We are the ones championing for it to go UP UP and away. We have to silent sadistic investors sometimes.
Come visit us in Level 18 when your time is up Mr -Kirlbert.

We have done our work, this counter will gradually ascend to greater heights... Enjoy the profits to all supportive investors.

The Ghost.

The Ghost!

Finally...... approval given to uplift the company from GN3!

Monday will Boom!

The Ghost.

The Ghost.

Chipping in quickly -NSK Trading took over Versatile Creative Berhad way back in 2021/2022....

There is a shareholder whom is dealing with wholesale frozen seafood supplies but the Ghost think it may be just a small part of the intended business the Company is looking into.

The Management wrote last year they met with SC/Bursa of an intended partner coming into the Company whom is in the similar industry and businesses.

The Big Guns are like;
1. Luen Heng
2. Tong Woh
3. Thai Seng
4. AlbertWines
5. AsiaEuro

Tapi tak jalan, maybe sin business not sexy anymore.

Anyway, keep buying if you have bullets...

Now is buy 1m shares @ 0.05cents , you need MYR50k. Still cheap.

The Ghost.

The Ghost.

Hope everyone had a wonderful CNY. This year was edgy and thunderous, starting of a great, momentous and lucky year for all.

To start 2024, we will share information relating to Point 2.
Who own this stock NOW?
- Hua Xin International, last holding 47% in 2018.. 2019 till todate is only 27% / 182m shares
- he is the chairman now
- his background was technical and started with beverages and soon ventured into wines business in PRC.

Nothing sexy or interesting about his profile because since he is letting go of the company soon, we focus on other prospecting names/groups.... hehehehe

After 2018, we saw the emergence of another group of investors related to ATTA. They became the 2nd, 3rd, 4th and 5th largest shareholder in the company till 2022. Combined, they owned 14%, and became the 2nd largest group of investors.

Who is ATTA? those in up North will know them... ATTA Global Group Berhad @ now known as Mayu Global Group Berhad.

MAYU Global Group which is previously known as ATTA Global Group Berhad was incorporated on 14th December 1981 as SMPC Metal Industries Sdn Bhd. It was converted to a public listed company on 18th February 1995 and was successfully listed on the Second Board of Bursa Malaysia on 15th February 1996.
MAYU is an investment holding company whilst its subsidiary companies are principally involved in the process of steel coil, tube, strapping, steel furniture, metal roofing, floor decking, perforated metal and the industrial recycling of scrap metal.
With over 40 years experience, the MAYU group is an established leader in the Iron & Steel Industry.

Summary - Mayu was a strong metal, property and development company. Why would they want to acquire control shares in the company? Our initial thinking is the company have access to the businesses in China, with ready and established network and business partners. Price was also reasonable, to control 14% @ 94m shares @ 0.05 cents = about MYR4.8m.

Its a RISK vs REWARD bet.

with the REAL potential collection of the land asset of RMB238m @ MYR178m... what is MYR4.8 vs MYR178m?????

Ok, so now the story gets interesting... was it real or just a pitch to get in new investors to support the company?

Till next time.

As mentioned, got money buy 1m shares, its only RM45k (0.045 cents now). The potential reward is a CAMRY + Capital returned. Soon will be RM50k investment (0.05 cents) as lesser investors are willing to place out the shares since its going to be after CNY.

The GHOST.

hi gogogo,

yes, we will share information about this counter as we go...
1. why buy this stock
2. who is buying this stock
3. what is going to happen to this stock

You are right on point 2. We have tried to explain point 1. we will continue to explain point 2 and 3 in due time.

Stay tuned.

The Ghost.

Yes Quick Calculation - why 5x???

RM176m / 668m shares = 0.263 cents

Share price now 0.05 cents > 0.263 cents
Each share is back by the total property/asset of RM176m.

0.05cents x 500% = 0.25 cents / 5X

So, load it up like all the other investors.

The Ghost.

Greetings hardcore shareholders….
We the Ghost will be spilling information as promised, bits by pieces as it goes….
The Property
No. 3 Wolong North Road, Yantai City consists of land, buildings and ancillary facilities including 320KVA power distribution equipment, water supply system, roads surrounding the factory and enclosing wall (collectively the Assets) for a total cash consideration of RMB132,000,000. The building has a gross floor area measuring approximately 12,600 square meters and the land has an area of 40 Mu (approximately 6.589 acres). Pursuant to the SPA, the Group had made a down payment of RMB118,800,000 which amount was recorded as a REFUNDABLE deposit.
The SPA was signed on 17 Dec 2013. Action taken then for LAND TITLE OWNERSHIP TRANSFER.
Fast Forward to 2019/2020 –
2019
The People’s Republic of China (“PRC”) had changed their rules and implemented the real estate registration certificate system, whereby the former land use right certificate and real estate certificate are now merged and would be issued as real estate certificate. Management has been actively coordinating with the relevant government departments in relation to the land title ownership. However, as part of the subject real estate is a state-owned property, the land title ownership transfer was subject to the examination and approval by State-owned Assets Supervision and Administration Commission and the decision of the District Mayor Administration Meeting.
In June 2019, the Department of Natural Resources of Shandong Province had issued the Document (2019) No. 3 (“the Document”), a guidance on accelerating the legacy of unsolved historical land property rights related issues. The Company fulfilled all relevant criteria stipulated in the Document. The District Government had submitted the Company’s application on the land title ownership transfer to the Municipal Bureau of land and natural resources for processing (“the Application”). The Application had been accepted and was pending review and approval.
APRIL 2020
Since company met the Criteria in Document (2019) No.3 issued by MBLNR (Municipal Bureau of Land & Natural Resources Of Shandong Province), MBLNR granted special approval and instruction to MOHURD & RERC to process the application.
Company submitted applications for assessment & approval to the following;
1.MOHURD – Ministry of Housing & Urban Rural Development
2.RERC – Real Estate Registration Centre
3.Huangwu Subdistrict, Zhifu District.

OCT 2021

The local govt called the company and refer a 3rd party to assist to evaluate the state owned property Transfer Price.

APRIL 2022
Still determining a REASONABLE Transfer Price due to its land is classified as historical land property and so that State govt will not lose out.

OCT 2023

Currently at stage of valuation of the asset/land. Once it is valued, the company will need to pay tax and fees for the valuation. Then company can apply for the real estate certificate. The Real Estate Registration Centre will issue the real estate certificate finally.

In CONCLUSION

1. The Land Element – Transfer Procedure has been completed
2. Real Estate Element – In progress to get the Real Estate Certificate.

Its 2024 – 10 Years down the road and its finally happening. Those who lost hope, fear not. We are approaching the finishing line.

With the land title ownership transfer, the property Cnouhua owned is valued at least RMB264million (2x rising from 2013).

In MYR – its RM176million. And now is 0.05 cents?????

You GUESS right ! 5x boom!

The GHOST.

Oh yes,

For the last 30 days, we have contributed to the volume and is accumulating for the finale.
This time around, could be the final checkpoint. So load it up.

The Ghost.

The Ghost is back for more...

As we moved into China, we get more information to share and tip only the most aggressive shareholders can hold and be rewarded.

I stopped this beautiful Counter in 5Oct2021 as the price went shooting up like a star to 13cents from 4.5cents. 30 months later, we are now at 4.5cents.

There are so much updates and developments that we would like to share but most important, buy some and keep. 1 million share is only MYR45,000.

Ok, let's start with the following most important subject in the counter, yes, they have an asset at No. 3, Wolong North Road, Yantai City. Bought this in CASH for RMB 118.8m in 2013.

Do you KNOW how much this piece of asset (land, buildings etc ) is WORTH NOW?????
1) Google Earth/Map - drop the address and see what you have, a damn HUGE metropolitan city centre
- its huge, big, connected, near to airport, highways etc
2) Google China land/property prices from 2010 to 2023 (13 or more years ago) eg - ceicdata.com
- Be it LAND or Residential or COMMERCIAL (which is higher)
- 2008-2013 : Average 1,417 -1,550 RMB/Sq M
- NOW as of 2024 (average 2020-2023) 2,660 - 2,783 RMB/Sq M
- The Value JUMP almost TWICE (2x)

WHAT DOES THAT MEAN - Their asset are to be REVALUED today, 2024. IT is going to be worth RMB118.8m x 2x = RMB238m
RMB into MYR - RINGGIT is worth 158,000,000.00.

This is why CNOUHUA is such an interesting company. This is just the beginning, we will share more interesting information soon.

BUY now, April 2024 is coming.

The GHOST.

The Ghost.

Hi kawan-kawan.

.....................................................................................................

The Ghost.

The Ghost.

The Ghost made 20cents from 75-95 recently. Sufficient to carry ourselves to 2024 with plenty surplus.
The Ghost is slowly preying on another lookalike with strong rebound capacity & capability.

Follow us, the GHOST.

The Ghost.

The Ghost.

I am always around, lingering the corridors and behind closed doors.

Yemro is not us. We are we, a group of specialist from down south.
Kilbert - sore loser with every inch of negativity, please sell all your shares in the company, you don't qualify as a shareholder.

To all the positive shareholders, month of October is going to be exciting ! Perfect 10!!!
Not only good news will come, great great news will swallow the leftovers... in 30 days, you will
see the more people praying to us, Ghost for more information.

Load up your inventory.

The Ghost.

The Ghost.

Ok tuan-tuan & puan-puan. Inilah keputusan muktamad.

1. Quoted investment nail to RM231m if compared last year RM122m, gain of RM109M
2. Cash & Cash Equivalent dropped from RM80m to RM70m, less RM10m
3. NTA increased from RM1.26 to RM1.73, gain 0.47cents
4. Dividend 5 cents, up 1 cents from 4 cents.
5. Equity increased from RM260m to RM355m.
6. Only set back is the current business (resin and ethanol) is not that sexy.
7. No corporate transactions as envisaged due to the their complacency.

Kesimpulan : The Ghost will SELL and will not hold the shares of HEXZA after tomorrow.

Terima Kasih
The Ghost.

The Ghost.

raining it seems, like dogs and cats... why got sudden thunderstorm?
Tomorrow should be shooting up to 90cents, with an accompanying nice rainbow...

The Ghost.

The Ghost.

Wow, numbers cantik and berisi. Seems to be better than many other main board PLCs in SG... embarrasing jugak...

I think DFX will PoP soon... easily 20cents in the pocket.

The Ghost.

The Ghost.

OMG... almost 16bulan, tiada hantu berniaga disini ke.
OK to all the souls and humans, this 2nd half of the year will be the year of 5188!

New Investors are already in the company. Once PoP! limit up 3x minimum.

New businesses will be coming through and the GHOST is speculating a few that will be pumped into this company.

Stay tuned. The Ghost need to load up stocks first, seems like supply tak cukup.

The Ghost.

The God & The Ghost.

We are predicting the Qr Results to be good.... so good that the results will propel the share price up again...
Melonjat!

Should be next week...

The Ghost.

The Ghost.

Last call to all potential investors that can take a 80/20 risk on this counter.

Now or Never... fate and life changing experience.

hahahahaha....

Good Luck to everyone ... human and fellow souls....

The Ghost!

The Ghost.

The support is very strong this time... firm developments coming soon. To move and break 20cents soon.

Pray hard, Lots of Luck !

To whom we pray.
The Ghost.

The Ghost.

We are very excited on what's coming soon... we hope its fantastic news that all investors can celebrate and be happy... keep our fingers crossed... its coming either on the 4th or 5th week of this month.

Last call to board the train is 23rd August Wednesday 2023. Not to board if price is above 90cents.


Good Luck!
The Ghost.

The Ghost.

OMG! The God has spoken, we shall listen and obey.... finally....
Aiya, last 2+years got MCO ... all players dead... only glove and medical...

Anyway, we, as the GHOST of the region's stock markets will pray well for the recovery for everyone... starting with this company...

The Ghost.

The Ghost.

Seems like it touch 13cents in July 2023. Hmmmm... big potential...

The Ghost.

The Ghost.

Seems like the appetite is growing even though its slow at the start. Chatted with some underworld "guru".. hahaha... they are also into this special counter because they said no risk.

The Guru said... cash rich, positive operating business, great dividend yield, stable and most important of all, riding in tandem with the Exponential PER of Global IT Unicorns. With 300m in the pocket, they can do many things...

1. Offer High Dividend Payment ( can payout 20cents if they want or more) or even capital repayment
2. Bonus 1 for 1 Plus Sweet FREE Warrants to rewards themselves and us shareholders
3. Invest 1/3 (MYR100m) into the exciting ESG/RE or even EV industry businesses.
4. Major shareholder offer privatization at RM1.20-1.30.

Many potentials and possibilities... as the old saying goes, you buy and keep some - you will be excited to know the outcome. If you don't buy and just ponder, regret and keep saying... see i told you so...

The Ghost have seen many investors.... just too many patterns... hahahahaha....
This counter will never go wrong... we are pondering how can it go wrong???

1. Maybe owners getting old and willing to let go? usually these kind of scenario... prices will shoot sky high...
2. Maybe company kena sue for commercial reasons, but have to see quantum
3. Maybe lastly, shareholders are dumb and wants to see their share prices go below their investment entry and dirt cheap so that corp raiders can raid them??? hahahahah...

Anyway... another couple of weeks before this treasure box open... sikit sikit naik setiap har,i sebelum big bang mari...

The Ghost.

Hantu Itu.

A month to go before the next QR result. Going to be interesting. Very very interesting.

LoL
The Ghost.

The Ghost is never gone.

En Kirlbert, we ghost was never hilang, we are lost souls and we always help saint people like you to make money. We shout to help share prices go up so that investors who buy can sell and make a profit.
However, you seem to ACT in reverse??? wants the share price to go down and make investors worry. If you are so NEGATIVE, please SELLL all your shares in DFX and be gone. Why you need to condone positive GHOST like us????

We know DFX shares need extra miracle to push, that's why we extend our team souls to do it. However, we failed since it didn't pass 13cents in June 2023. Therefore, we will offload our stake in the company and make some elsewhere.

Kalao tak berjaya, kita coba-coba lagi. DFX tak bergerak, kita invest company lain. Itu sahaja.

Ini lah PESANAN unutk Kirlbert - Kalao tiada positive comment, jangan comment. Kalao tidak, kami akan sembahyangkan kamu. Semoga semua akan memukau profit yang membanggakan.

The Ghost.

The Ghost.

Alamak!

Touch 12cents, not 13cents.... seems not easy to reach also... still got 8 days to go till month end.
Halleluyah...

Aim High DFX... we believe you.

The Ghost.

The Ghost.

Kembalilah kita disini.

lcng123 - betul, as at 31March baru MYR171m. Sekarang is MYR211m dah
SS Loh - looks like u r da man, following closely like us in sinjeerpo

Already said earlier, now when the market is directionless and motionless, the best is invest in Dividend Yield and High Cash holding company like HZ.

1. Cash in Bank MYR77m
2. Quoted Investment MYR211m
3. Operating profit - PAT may close at 7m (PE 12x : MYR84m)
4. Share Base - 200m only
5. Market Cap - 164m

Summary/Rumusan - Cash or Cash equivalent (MYR77m+MYR211m) = MYR288m.
- MYR288m cash in the company is larger then the Market Capital of the company of 164m
- Total Cash / Total Co. Shares : 288/200 = MYR1.44
- Share Price now? MYR 0.82 cents - GAP of 0.62cents to reach Target Cash Support MYR1.44

Tunggu apa, belilah sampai MYR1.20, lagi ada DIVIDEND nanti...

The Ghost.
Untung besar Kali Ini Lah...

The Ghost.

Needless to say.... Mr SS Loh, we make money diam-diam cukup... nanti advertise, orang said you tipu, scam, rubbish etc.

Yes, this will spike when the time comes. When it does, hard to follow. Lesson learned - buy now when its backed by intrinsic value. Only a fool will sell below its value.

The Ghost.

The Ghost.

We believe En Kirlbert has been silenced & duduk diam-diam already. Make money diam, don't make money shout like a monyet. We, lost souls pray he does so.

Alright, enough of the sad stories. Great news coming along 4 bulan enam. We shall be seeing progress and updates soon.

13-15cents easily reach
15.5-18cents can reach soon
18.5-20cents ETA ?????

Buy! Buy! Buy!..... then Sell! Buy! Sell!

The Ghost.
You Wish.

The Ghost.

Marilah menjual beramai-ramai....

The Ghost.

The Ghost.

SaraInvestment - We are not a person, we are a group of lost souls working together to magicalize price patterns because we knew many market makers from heaven & hell.

Wow... our mimpi is real.. 1,888-1,553 = Gap RM335k only... Making money every quarter now...
Appointing a ICT veteran to the board, must be brewing an exciting project...

Esok Meletop.... kena ukur berapa tinggi saja... hahahaha

The Ghost.

The Ghost.

Memanjat ke arah lapan puluh lebih sen ya....

The Ghost.

Th Ghost.

Kirlbert - u jgn main-main dgn kita, kita keluar when the price went south to 8.5cents... kita tidak seru, hanya tikam
spm53 - u don't need to know if we are good, we know who we are...u just need to see to believe...unless you don't trust ghosts.....
INAR12 - SaraInvestment is No7? means its a female staying in klang valley? by the way, are you also among the Top 30?
JuliusCeasar - veni, vidi, vici.... we lov u.... next week 11cents again.

Buy on Monday and be rewarded on Friday...

In Death we trust...

The Ghost.

The Ghost.

Oh ya, kita mimpi they will make 1.888m profit this QR. Please buy SP, ToTo and DMC @ kasi bao.

The Ghost.

The Ghost.

QR results are out! Signs of progress and improvement... good PAT to begin with...
Just that a shareholder is running out of patient, selling everyday and pressing down the share price gently...

After this QR result, the engine will start for a Grand Financial Year end closing ... to disclose the best last QR and a very very interesting corporate proposal to reward all the shareholders (not dividend).

Batman888 - nanti i tegur superman jumpa kamu k.
Fly888888 - kalao u tunggu dividend, baik jual semua sekarang & fokus OctaFX, lagi menakjubkan.

The Ghost.

The Ghost is Back!

Hahaha… looking at humans manipulating the prices of the company and ridiculous comments from would/should/current shareholders was just too humorous for us, happy souls down under.
Sad souls should just quiet down, if not, we will send some friendly ghosts to visit you and say hello.
These friends will stick with you until you drain out.

Our poppy friends from MV have sent their regards about the company… this company’s qtr result will be out soon and it will be positive and extremely good. They are going to show progressive operating profits and again.
The recent exchange of 20m shares was just a friendly swap between them… we ghost do not interfere even if we are aware. The sweeping wave will come as soon as this coming qtr result is out because we are sure and confident, they will close the year with a BANG! Signs of qtrly positive operating profits will raise… even the undead to take a peek… hahahahahaha... next year lagi Kiasu…

The Ghost.

The Ghost.

UnicornP - wait for me to raise the Victory flag better.
SaraInvestment - this csan ada gaya & mutu.
life - Next is 16 cents, already mentioned sebulan dahulu.
INAR12 - Can reach in June/July, we will support.
RX350 - brake rosak this time....

Tahun 2023 - Tahun DFX

The Ghost.

Hantu Itu,

Batman888 dan Fly888888 - kamu berdua macam orang yang sama ye.....

Untuk pengetahuan kamu berdua atau kamu, pertukaran tidak boleh bertukar dalam sebulan, cerita planning perlu sekurang-kurangnya, 3-6 bulan, kalao nak melonjat tinggi... 9-12 bulan...

Jikalao tidak boleh menunggu, sila lepaskan peluang ini.

Jual semua stock yang ada... pastikan ...

Hantu itu.

The Ghost.

Terbang888888 - Kami diberitahu dari kawan-kawan dari tingkat -18. Pertukaran Drebar kereta dah bermula. Sila pegang kuat-kuat, jangan terpelanting dalam perjalanan kereta ke langit.

Kita Menang.

The Ghost.

The Ghost.

Kedengaran khabar abang nak buat sesuatu transaksi yang menakjubkan semua pemilik syers. Sila tunggu taklimat yang seterusnya.

The Ghost.

The Ghost.

RX350 - We confirmed the RI is no longer necessary. We need the company to validate our confirmation only.

Fly to 16.8 cents.

The Ghost.

Hantu Itu.

Sembahyangla sebelum kamu disembahyangkan......
selagi hati sedap, serahkan dan menikmati keuntungan yang diberikan.

The Ghost.

The Ghost.

jcb1357 - please avoid getting scammed or scam ppl. Period. My number +65-444 4444, call me, we YC at Cafe 666, 44 Road, 66666 District LLEH.

LelakiKelawar888 - we recommend you to beli 50biji sekarang. 50biji kalao naik 80cents. 20biji kalao naik a dollar. Jual semua from Sedollar dua hingga sedollar lapan.

The Ghost will explain the actions based on a balance of probabilities.
BUY now - below 80cents @ MYR800.00 or lower.

Advantages
1. Cash per share back by 1.275 (means if u invest MYR800.00 untuk sebiji - FD belakang MYR1,275.00)
2. Operating profitable business with DIVIDEND every year for the last 20 YEARS!
Sebiji share @ can get MYR40.00 or more (average la)
3. NTA MYR1.19 sekarang
4. MYR148m quoted securities & money market MAY explode 2x (if 80% of their investment is in US/overseas, since they bought it low and have been getting dividend as well)
5. Chemical industry / business (CICM) GROWTH
“The export of chemicals and chemical-related products for 2021 recorded a figure of RM70.68
billion, showing a significant growth of 39.3% compared to 2020,”
6. Potential M&A deal for MYR168m
7. Potential privatization deal for RM1.80 sebiji
8. We, the GHOST are rarely wrong!

Disadvantage
Only 1 simple very important fact, if share price goes below 70cents, then cheap valuation. What happen? Eagles, Lions, Alligators... wolfs will come and maul the counter. Then panic attack, may lose control.

8 Advantages vs 1 Disadvantage = Balance of Probabilities

The GHOST.

Hantu itu.

Terbang888888 - We speak only you know, we don't spill the beans you won't know. If you want to know more, we will tell more. We are a story teller with many shadows behind us, we share half truths, you need to observe what is more acceptable to you.

Hari ini dalam sejarah......

The Ghost.

The Ghost.
We went to ipoh and back to scout for information. Many interesting theories for disclosure and discussion… hahahaha….
1. There is a theory that the company may consider selling its business to Ancom Nylex… the Daigo in the industry. Let’s take the PAT for the last 3 years and average, you have an average of RM10.5m. PE 12x (assumption) @ 126m. Existing properties value about 21m. Add in some premium (IP etc) about 160m.

Let’s say the deal is 160m. Hexza would have 77m+148m+160m = 385m. This 385m will be distributed to shareholders, not all but I think mgmt may retain 35m as expenses and to buy another business like what SCGM did.

So 350m for CASH distribution 350/200m shares = 1.75 per share.

The major shareholder owned 47% of 200m shares = 94m, so 94m x 1.74 @ 164m
Plus they still control the listed entity (maybe worth 20m).

All in all, 164m cash in the pocket + 35m in company to build another business + 20m for the shell listco.

We as shareholders, what do we get? Capital (entry) 73cents – Cash offering 1.75. This amount is seem to be the initial privatization offer price of RM1.80 many years ago.

We can double our capital… ok la…
Bila mau announce and jalan? Tunggu official annoucement
2. Theory No 2 – will share later… need to validate the conspiracy theory… hahahaha

Hope the GHOST’s supporter will enjoy suspense and speculations, makes your life more enjoyable once you get into any company by buying their shares.

Happy Ghosting.
The GHOST.

The Ghost.

Latest comment by a user @ other forum;

Market Cap is 146m, owners owned 46%.... pressing down the price means CHEAPER to privatize the company to secure total RM255m cash (belum kira operating business valuation). NTA RM1.19 & Cash per share RM1.275. Shareholders will be at their mercy..... this may look like a corporate raid....

The Ghost is of the same opinion, owners owned 46% @ RM67m... if their offer to privatize at 90cents, they need to fork out RM97-100m. The lower they press the price, the better their offer deal to shareholders....

So with capital of 67m+100m = 167m, they can have access to the company's 77m piggy bank and 148m quoted securities. Plus the operating business + NTA + etc..... pretty good deal, as a matter of fact, superb obscene deal....

damn, we Ghost also don't get enough.... buy 73cents - sell 90cents .... 17cents sahaja @ 20%+... short thrill

Need to force them to offer higher price... minimum also NTA @ 1.19.... which we think they are still ok. Let us Ghost be correct this time.

The Ghost.

The Ghost,

While cruising along Qr numbers reported by companies, we stumbled upon this unique company that do not have many published info for potential shareholders. Some quick available commentaries;

1. Been accumulating this counter slowly below 80cents. Rightfully, they have RM80m in cash and zero debt. Cash generating company with yearly dividend since 2001. Consistently paying out... the last 22 years. Foong family is truly remarkable. Out of the 200m shares, only 93m @46% are controlled, 107m shares are up for grabs. What's the target and why? follow me closely... kiasu and buy some whenever you can below 80cents.

2. decent qtr numbers, best news is ethanol production normalized... means better revenue and bottom line for next quarter...

3. be more specific Total Assets 253,643m vs Total Liabilities 6,388m.... means peanuts or as good as nominal

4. Cash per share doesn't determine the stock price, cash per share tells us the percentage of a company's share price available to spend on strengthening the business, paying down debt, returning money to shareholders, and other positive campaigns.

5. Total Liabilities 6,388@ 6.4m ÷ 200m share is 0.03, vs Cash 0.387 = Net Cash 0.357 per share

6. At non current asset there still have 114,143m for investment. If that's like stock investment than this company is damn rich.

7. pls read the notes for 114,143m for "Other Investment"... it is liquid cash, the mgmt invested the amount @ equity shares (20% in Malaysia stock market & 80% in foreign stock market)..... this company is crazy f?uk!ng damn rich, 77m in their piggy bank and 114m in stock market = 191m cash.

8. Hexza have 77m cash + 114m investment in share market (refer note 16&30 from 2022 AR) = MYR191m cash. Simple calculation: cash 191m / 200m shares... it's whopping 0.955 cents! Minus liability of 0.03 cents... you have net 0.925 cents per share......those looking into this counter, pls read their Qtr notes. Its amazing investor don't see this....

9. today's announcement means 77m cash + 148m quoted securities = 255m. Cash per share 255/200 : 1.275 cash per share

So it seems to us GHOST that this company is riding on "Cash is King" old skol concept and is doing pretty well along the way.

Diam-diam ubi berisi, every quarter make couple of million, not too much, not too little, just to satisfy shareholders... excess cash go and invest in quoted securities... meaning stock market la... we think 80% in foreign stock market... we hope its US and stocks like Tesla, Berkshire, Airbnb, Roku etc.

But how come share price so cheap and drop somemore ? if Hexza ada MYR255juta, sebiji share is 1.275 cash... itu is extraordinary.

We the Ghost think some shareholders are disgusted with the management for not putting enough money into the business and generate more operating profits. Rather, for safe play, use interest earnings & dividends from the investment and declare just enough as Dividend for the shareholders.

The Ghost will investigate more... and we incidentally invested some at 73cents recently too.... hahahaha

Will vomit more info as we roam around IPOH for data about this company.

The Ghost.

Salam,

The Ghost is back! Let us answer questions from users lain;
RX350 - RI maybe no need la, company making almost 10m
Eaglenest - We think the company will drop it.
INAR12 - If need also, Year 2034
joni - hahaha, investor like you sell la if you don't believe penny stock. we curse you too coz we are a bunch of ghost with nothing better to do then to kacau human like you.

Great stuff should be coming along, company should be announcing their Q results this week....based on the assumption 2 months ago...
The Ghost vision the company to make untung bersih of between RM2-3M this Q. Then next Q is same for the next 6-8 Qs la.... so this year will close untung bersih RM9.95juta.

DFX will fly to 15-20 cents la, hopefully.... if not, the Ghost will revisit them... hahahaha

The Ghost.

The Ghost Predicament @ MUH @ 2023....

Baby Observations -
1. Market Cap - RM33mil
2. Shares - 57mil
3. Receivables, Deposits, Bank & Cash Balances - RM34.5mil
4. Debt - RM5.8mil
5. GP Margin - 50%
6. Growth Rate - 17%

Main Shareholders - Mr Ang KC/father, Mdm Cheong/mom, Mr Ang HC/son & Ms Ang AW/daughter
- Ang Family controls about 38% of the company
Top 30 Shareholders - controls 60.83%
Free Float - 39% @ 22.2mil shares
Total shareholders - 2,200 + (why so many?) - 22.2mil shares/ 2,170 shareholders = 10,244 per shareholder.
based on RM580 per share / so each shareholder is holding RM5.9k.

Historically - movement of about 3m-5m shares/daily = Increase in about 5-20cents.
- so roughly daily 300-500 shareholders will be trading to increase share prize value.

Next Direction - TA
2020 - rangebound 30cents
2021 - exciting - from 30cents > almost RM1!
2022 - rangebound from 45cents to 65cents
2023 - rangebound from 55cents to 75cents (because lots of ppl got stuck @ 70cents region in
2021, they will cut loss or just eventually even to get out)
- TARGET - HIT RM1 again

Potential to go RM1 again? or former glory RM2.10 in 2014?
The Ghost will share more as we move into 2023..... need to have more dinners with the Ang's family.

Always remember - the company is doing pretty good, cash pile almost equivalent to its market cap and the share base is so small.

Raiders whom have RM15mil will get Ang's family scared... why?
Assumed 1lot of share is RM700 (since many stuck at that price range)
To buy 1m shares will cost me RM700k.
To buy 10m shares will cost me RM7mil and you get 17.55%
To buy 20m shares will cost me RM14mil and you get 35%

With just RM15m (SGD only 4m+), you can potential takeover the company - access to its cash of RM35m, landbank, say RM15m, listco entity value RM30m @ Total in the region of 80m. Declare bonus (1for2 etc) and dividend. Drive up the share prize.
Cost at 70cents > share prize shoots up to RM1.4. Your investment double from RM15m to RM30m. Your RM80m will continue to adds up.

Simple mathematics and actions. That is why the controlling shareholders MUST drive up their share prize to make the RAID harder. If not, bye bye to their hardwork.

Signing off 3am
The Ghost.

The Ghost is revisiting sleepy counter again....this time, entries from 40+-50+ cents. Many investors are angry with the old shareholders, not giving way to younger generations to lead and make this company exciting and great again....

Shall i jampi-jampi and visit the key shareholders and make them jump? They would love to meet me when their time is up...

The Ghost.