Hexcap in view of 2 Major Income Catalysts - Rm90 Billions capex from Tnb & Increase Fiber demand for DC should break its past previous high of Rm1.79
I think there is an element of a coming frenzy when things get clearer.
Last time for a long time i used to buy Supermax at Rm1.50 and sold at Rm3.00 for 100% gain Then Supermax split by bonus back to Rm1.50 And i bought again and it went up to Rm3.00 in a very clear pattern
In 2020 April i bought Supermax again at Rm1.73 This round i was amazed beyond my wildest dream when Supermax turned into Supermax and powered over Rm20.00 In less than 5 months i sold Supermax for a 1,000% gain With Rm90 Billions Job Catalyst from Tnb plus lots of demand gor Optic Fibers hopefully Hexcap can up at least 500% but higher still possible as it has the Dna of Hextech
Now that Govt had raised diesel price by more than 50% it will eat into the profits of Naim' s property sold earlier with locked in prices. Naim will see profit contraction as well as all other property related stocks
better keep to DC center stocks like Jcy, Notion and Dufu
The Board of Directors of the Company wishes to update that Theta Edge had appointed KEC INTL and KEC Malaysia as the principal / technical partner for TNB Vendor Pre-Qualification Assessment for Contractor for the Grid Project for "Pre-Q Substation, Pre-Q Overhead Lines & Pre-Q Underground Cables" for Tenaga Nasional Berhad.
The Pre-Q assessment was submitted in April 2024, and the 1st Technical Clarification was submitted in May 2024.
The Company will make the appropriate announcement if there is any material development.
Theta Edge partners India’s KEC International to bid for TNB grid projects
theedgemalaysia.com
KUALA LUMPUR : Theta Edge Bhd said it has teamed up with India-based power transmission giant KEC International Ltd in bidding for Tenaga Nasional Bhd’s (TNB) future grid projects. The information technology services provider said it inked a Memorandum of Understanding (MOU) with KEC International and its Malaysian unit KEC International (M) Sdn Bhd (KEC Malaysia) to submit a contractor prequalification assessment related to grid infrastructure work via a joint venture partnership.
Under the MOU, the parties intend to submit their application for prequalification and appoint either KEC International or KEC Malaysia as the subcontractor to Theta Edge for providing supply and installation solutions for power transmission infrastructure.
I once bought Complete Logistic at 56.5 sen And sold too early before Rm1.00 Never in my wildest imagination after Eadie took over and changed name to Hextech price surged to Rm22.00 or up 3,000% and then split by 15 bonus
So i think this round i do not want to set a price Just let the profit run
Long story. I think i first bought this as Opcom more than 10 years ago. This hexcap was part of Nfcp. Now made better by Eadie with additions of Transgrid Ventures, Binacom and others
4 in one just like Notion
Just buy and hold as its record high was Rm1.79 and now not yet half way mark
RM 90 billion capex is a huge, say 20% awarded to Transgrid = 90 billion x 20% = RM 18 billion in 6 years Hexcap owned 49% of the Transgrid = RM 18 billion x 49% = RM 8.82 billion Assumpt the profit margin is 18% = RM 8.82 billion x 18% = RM 1.59 billion profit before tax RM 1.59b divided by 6 years = RM 265 million profit annually
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Jerung
415 posts
Posted by Jerung > 2024-06-14 09:10 | Report Abuse
on board for the ride :P