HEXTAR CAPITAL BERHAD

KLSE (MYR): HEXCAP (0035)

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Last Price

0.495

Today's Change

-0.02 (3.88%)

Day's Change

0.495 - 0.515

Trading Volume

900,300


17 people like this.

12,854 comment(s). Last comment by calvintaneng 1 hour ago

Posted by watchinwaitin > 2017-02-24 16:12 | Report Abuse

Unigel Compounds Sdn. Bhd. (Formerly known as OPCOM Niaga Sdn Bhd.), which involves manufacturing and sales of cable filling and flooding compounds

slee

587 posts

Posted by slee > 2017-02-24 16:25 | Report Abuse

Temporary don't in.... market fluctuated.. look like money is flow out

Posted by watchinwaitin > 2017-02-24 21:45 | Report Abuse

soon b 0.70 n then up n away to 1.00 or more

kun1971kun

1,211 posts

Posted by kun1971kun > 2017-02-25 10:24 | Report Abuse

QR not good.......habis

VenFx

14,784 posts

Posted by VenFx > 2017-02-25 12:10 | Report Abuse

Oh ! No ...

Ckk2266

1,212 posts

Posted by Ckk2266 > 2017-02-27 09:27 | Report Abuse

Take profit @ 0.605

mamal

64 posts

Posted by mamal > 2017-02-27 09:44 | Report Abuse

quarter report not so good, but overall still in good shape not loss

calvintaneng

55,176 posts

Posted by calvintaneng > 2017-02-27 09:58 |

Post removed.Why?

nkk53

1,426 posts

Posted by nkk53 > 2017-02-27 10:21 | Report Abuse

plan to buy back if dip below 0.6

Posted by watchinwaitin > 2017-02-27 13:08 | Report Abuse

calvin correct. Buyin. Q4 results will be even better. 0.70 + comin

slee

587 posts

Posted by slee > 2017-02-27 14:46 | Report Abuse

Is time to collect... over drop d.. 5 cents.

Jon Choivo

3,668 posts

Posted by Jon Choivo > 2017-02-27 14:50 | Report Abuse

What do you mean profit hidden in investment?

calvintaneng

55,176 posts

Posted by calvintaneng > 2017-02-27 15:08 | Report Abuse

Profit hidden in investment is the very opposite of hidden expenses or debt in "off balance sheet" accounting.

While Enron and AAX seek to hide borrowing in "off balance sheet" to con i3 forum members the very Opposite is found in Opcom

They hide profit so those who don't know will sell down Opcom shares like now.

How to hide profit?

US companies hide their monies oversea from being taxed 35% if they repatrait their profits to USA.

So Company can hide profits by investing in other stuff.

Like you got Rm11 millions profits from operating profits.

You can report all Rm11 millions as operating profits

Or you can use Rm3 millions to invest in gold bars.
Use Rm3 millions to buy a shophouse
Use Rm4 millions to buy more stocks

So Rm11 million

- Rm3 millions investment in associate
-Rm3 millions in PPE
-Rm4 millions in inventories

Balance cash of Rm1 million reported as profit

Calvin SEES that the "extra" Rm10 millions profit are hidden in investments, extra PPE & extra inventories.

Now next time Calvin must charge a fee for teaching.

Mukriz is honest. So Opcom's NTA increased from 50 cts to 54 cts

For other con man companies they will siphon monies.

slee

587 posts

Posted by slee > 2017-02-27 15:15 | Report Abuse

人慌了我就来。I believe.. Same as your point @calvintaneng... Must have holding power

nkk53

1,426 posts

Posted by nkk53 > 2017-02-27 15:48 | Report Abuse

Selldown today is only temporary.Buyers will emerge soon

shahrin

106 posts

Posted by shahrin > 2017-02-27 21:34 | Report Abuse

Thanks Calvin for explanation. Specific to this case, they "hide" profit in what form?

calvintaneng

55,176 posts

Posted by calvintaneng > 2017-02-28 07:10 | Report Abuse

shahrin

The profit is concealed in investment, ppe and more inventories. All 3 increased by about Rm10 millions. And reflected not in profit & loss account but you can see it in NTA. So NTA increased from 50 cts to 54 cts. Think of wealth this way. Water can be stored in a container. Then the camel drinks water. And this camel stores water in its 2 humps. By so doing the camel does not need to drink water for days or even weeks. So is money. Money can be in Cash. Or money can be stored as bond, shares or properties. Bonds and shares can easily be converted back to cash while property is illiquid and harder to converter. But all these are actually one = total wealth.

So OPCOM as a whole is doing fine.

Just wait for a nice pay out first before Mr Market goes GaGa

shahrin

106 posts

Posted by shahrin > 2017-02-28 14:33 | Report Abuse

Excellent explanation

nkk53

1,426 posts

Posted by nkk53 > 2017-03-01 10:50 | Report Abuse

q to buy 0.59

Posted by watchinwaitin > 2017-03-01 12:33 | Report Abuse

goin up

Posted by watchinwaitin > 2017-03-01 12:37 | Report Abuse

Q3 report The decrease of revenue in current quarter were mainly due to temporary slowndown in shipment of goods to customers and supply of industrial materials.

Posted by watchinwaitin > 2017-03-01 12:37 | Report Abuse

Q3 report Prospects During the financial year, OPCOM has expanded its business operations to include the manufacture of thixotropic gels and HDPE sub-ducts which have started to contribute to the profitability of the Group. In December 2016, a subsidiary was awarded a supply mandate worth RM28.0 million for plastic-based materials including HDPE sub-ducts.

slee

587 posts

Posted by slee > 2017-03-01 16:02 | Report Abuse

Look like market start want rebound...The worst pass

calvintaneng

55,176 posts

Posted by calvintaneng > 2017-03-02 10:34 | Report Abuse

Hi guys,

Today Calvin's Johor Buddy messaged,

Ht Padu good!

Calvin replied,

Opcom also good!

Htpadu received Rm41 million Govt contract and media took notice this time.

Opcom already garnered Rm300 million revenue. Profit to revenue Opcom is more efficient than Htpadu.

Now we await a nice windfall from Opcom.

duitduit

21 posts

Posted by duitduit > 2017-03-02 12:13 | Report Abuse

Buy opportunities.

Posted by watchinwaitin > 2017-03-02 12:37 | Report Abuse

march 31 results will b gud

Posted by watchinwaitin > 2017-03-02 12:38 | Report Abuse

price will up b 4 then

Posted by watchinwaitin > 2017-03-02 12:38 | Report Abuse

and then gud dividen

slee

587 posts

Posted by slee > 2017-03-03 15:33 | Report Abuse

如果能站稳0.6就有机会涨上去。0.6是长期线的支撑位。

Posted by watchinwaitin > 2017-03-05 14:47 | Report Abuse

yes 60c long term support. 31.03.17 results will be up

calvintaneng

55,176 posts

Posted by calvintaneng > 2017-03-08 08:51 | Report Abuse

TM got surplus funds from HSBB 1.

Monies going in HSBB 2 will result in more orders for further expansion.

More orders from TM for Opcom's fiber optic cables expected.

http://www.thestar.com.my/business/business-news/2017/03/07/tm-to-redeploy-savings-of-hsbb-to-hsbb2-trust-account/

Posted by watchinwaitin > 2017-03-08 13:00 | Report Abuse

more cable = more unigel = more income

calvintaneng

55,176 posts

Posted by calvintaneng > 2017-03-08 15:22 | Report Abuse

And more digital usage multiplications equal more need for fiber optic cables

see http://www.theedgemarkets.com/my/article/trade-wise-eyeing-rm1b-value-creation-digital-investments

Posted by watchinwaitin > 2017-03-09 12:54 | Report Abuse

Asia-Pacific and Europe are the key markets for Fiber Optics”

Asia-Pacific, North America, and Europe dominated the fiber optics market in 2013 and accounted for over 90% of the market size in terms of value. The Asia-Pacific fiber optic market is currently at a growing stage. Government directives intended to increase and encourage national broadband applications which are among the main drivers of the market. Country-wise, China is the top most consumer of fiber optics product, globally and is also the largest market for fiber optics products growing at a CAGR higher than the global average till 2019. The U.S is the largest fiber optics consumer in the world. Asia-Pacific is expected to witness the fastest growth rate by 2019. The market in Asia-Pacific region is experiencing increasing growth because of fiber optics demand arising from the use of 3G and 4G and growth in the information technology &telecommunication industry.

“Telecom & Broadband is the topmost application segment followed by oil & gas in the fiber optics market”.

Telecom & broadband take topmost positions in the fiber optics market with around 55.3% share by value in 2013. The fastest growth rate in the fiber optics market is expected to be from applications, such as telecom & broadband, oil & gas, private data networks, and utilities by 2019.

Posted by watchinwaitin > 2017-03-09 12:54 | Report Abuse

UNIGEL exports from Malaysia

Posted by watchinwaitin > 2017-03-09 12:55 | Report Abuse

Fiber Optics Market worth $3.0 Billion by 2019

moneykj

6,112 posts

Posted by moneykj > 2017-03-09 13:06 | Report Abuse

moneykj How your Binapui that you recommend 6 months ago? Why keep keep quiet n run away? Many newbies are waiting your answer?
09/03/2017 08:10
X
moneykj How your Perisai? How your Mulpha?
09/03/2017 08:12
X
moneykj Last time you also say Perisai undervalue. What's the price now?
09/03/2017 08:16

VenFx Dear Calvin why till now Comcorp still presence soundly instead of being accused Comcorp should go bankruptcy, are u too egoistic or your boastingful that blow for your incompetent account knowledge or juz a simply irresponsibly behavioural from u as usual in i3 ?

Pls clarify of the totally unmatched accuses ...

Hibiscus ,,, dnex... comcorp non of them go varnished but these counter has outshine mist of your hard sell counter eg. Opcom , perisai, bpuri ... can u shiw us your corrective points ?
09/03/2017 08:24

traderman Please dont trust this 213 ranking calvintaneng
09/03/2017 11:10

Conan clearly he(calvin) is making all of us pay for his profit.. encourage ppl to buy once price is up sell and run away....
09/03/2017 12:39

moneykj

6,112 posts

Posted by moneykj > 2017-03-09 13:07 | Report Abuse

Be careful this conman Calvin...

calvintaneng

55,176 posts

Posted by calvintaneng > 2017-03-10 09:52 | Report Abuse

Good morning,

Calvin is happy for all here. Both Opcom and HtPadu are insulated stocks from crisis. As oil stocks and speculative stocks get hammered by crude oil weakness this Opcom will move against the herd.

HtPadu already up 35%. Opcom should do even better than HtPadu. While HtPadu has considerable borrowings Opcom is almost debt free.

So Opcom's earnings need not be used to pay debts. No need pay debts then pay what?

PAY A HIGHER DIVIDEND TO SHAREHOLDERS LAH

ALL ARE VERY LUCKY TO BUY OPCOM

HIP HIP HOORAY!

Posted by watchinwaitin > 2017-03-10 14:38 | Report Abuse

OPCOM Holdings Bhd appears to have little financial risk as the company holds a substantial amount of cash on its books. In fact, 0.41% of the market capitalization can be attributed to its 40.16m and debt could be paid in full if management chose.

Posted by watchinwaitin > 2017-03-10 14:40 | Report Abuse

Fiscal data as of Mar 31 2016 2016 2015 2014
ASSETS
Cash And Short Term Investments 40 49 49
Total Receivables, Net 22 25 21
Total Inventory 7.94 9.10 15
Prepaid expenses -- -- 0.64
Other current assets, total -- 0 0.03
Total current assets 70 84 84
Property, plant & equipment, net 38 36 38
Goodwill, net -- -- --
Intangibles, net -- -- --
Long term investments 13 15 --
Note receivable - long term -- -- --
Other long term assets -- -- --
Total assets 121 135 123
LIABILITIES
Accounts payable 4.94 -- 11
Accrued expenses -- -- 0.78
Notes payable/short-term debt 0 0 0
Current portion long-term debt/capital leases 3.29 6.67 --
Other current liabilities, total 12 16 20
Total current liabilities 25 41 32
Total long term debt 0 0 0
Total debt 3.29 6.67 0
Deferred income tax 1.52 1.95 3.04
Minority interest 13 15 15
Other liabilities, total -- -- --
Total liabilities 39 58 50
SHAREHOLDERS EQUITY
Common stock 32 32 26
Additional paid-in capital -- 0 5.81
Retained earnings (accumulated deficit) 50 43 41
Treasury stock - common -- -- --
Unrealized gain (loss) -- -- --
Other equity, total -- 1.83 --
Total equity 82 77 73
Total liabilities & shareholders' equity 121 135 123
Total common shares outstanding 161 161 161
Treasury shares - common primary issue 0 0 0

Posted by watchinwaitin > 2017-03-10 14:40 | Report Abuse

Mar 31 2017 will be better

Posted by watchinwaitin > 2017-03-10 14:42 | Report Abuse

Mar 31 2016 -
OPCOM Holdings Bhd appears to have little financial risk as the company holds a substantial amount of cash on its books. In fact, 0.41% of the market capitalization can be attributed to its 40.16m and debt could be paid in full if management chose.

slee

587 posts

Posted by slee > 2017-03-13 08:04 | Report Abuse

Look like waNt to rebound d...

Posted by watchinwaitin > 2017-03-17 15:55 | Report Abuse

sleepin ?

sapari57

93 posts

Posted by sapari57 > 2017-03-17 16:16 | Report Abuse

Jgn ganggu harimau tengah tidur? Next week baru bangun.

nkk53

1,426 posts

Posted by nkk53 > 2017-03-18 09:51 | Report Abuse

Target buy 0.59

MaBadri

945 posts

Posted by MaBadri > 2017-03-18 11:34 | Report Abuse

sideway

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