Haha ......sorry bro normally i dont give any TP . If you check on the Hexza NTA vs Latest Price - than i will consider this counter is still under value .
During uncertainty like this time , more investors will park and invest in the counter like Hexza - consistent & top 20 highest dividend pay out , zero or low debts & cash rich company . Just wait & be patient !
How to fly with current state of economy? 1mdb jokes, us possible interest hike, china slowing down, bla bla bla... too much downside risk...good stock lousy stock cannot defy the law of gravity :)
I saw Hexza flying but she cannot sustain for long , any suggestions to make her keep flying and fly high . The trend is someone behind telling you everyday I will drop 0.005 .....but you are not realize and noticed . Again someone want to push down this counter again to accumulate ....
my tp is >RM1. Buying at this price is a real bargain. at least 25% margin of safety :) 1. fulfilled Joel Greenblatt's formula (>16% for combination of ROIC & EY) 2. superb balance sheet; current ratio about 11; good div payout at 5% 3. the lower crude oil price is, the lower its operating cost is 4. extra profit of USD1.5mil/year from the leaseback agreement (going to boost its profit by 10%)
Bad news: The Group recorded a lower turnover of RM37.17 million for the current quarter, 11.6% lower compared to RM42.08 million in the previous corresponding quarter. Profit before tax at RM3.68 million was also lower, by 16.9% as compared to RM4.43 million previously.
Manufacturing segment – Turnover for resin division dropped by 22.5% from RM27.07 million to RM21.00 million mainly due to lower sales volume and lower average selling price. Turnover for ethanol division jumped by 15.0% from RM13.12 million to RM15.09 million mainly due to increase in average selling price. Profit before tax dropped by 6.2% to RM2.72 million from RM2.80 million previously.
Prospects in the current financial year are expected to remain challenging. However, the Group will continue to focus on improving productivity and tighten cost control by increasing market shares of its products and production efficiency in its manufacturing divisions.
Good news: A first and final dividend of 4.5 sen per ordinary share of 50 sen each comprising single-tier dividend of 9.0% in respect of the financial year ended 30 June 2015 has been recommended by the Directors which is subject to the approval of the shareholders at the forthcoming Annual General Meeting.
With the commencement of the lease income from sale and leaseback of equipment in Myanmar, the Board expects the performance of the Group for the current financial year to be comparable to the financial year just ended 30th June 2015 bearing in mind the current economic environment.
Tembusu shall lease back the Equipment from Hexza at a monthly rental of USD130,205.00, payable in arrears on a quarterly basis. Quarterly rental income=USD130,205X3=USD390,615=RM1652301(1USD=RM4.23) Annually RM6609205.
Don't buy 1st, market no good. Let it goes down some more, then the dividend yield will look even better. The higher the dividend yield, the better for shareholders. Isn't it?
I've been following this beautiful darling few years back. You can read my earlier posting. Year-high 955 on 27-07-15, so I think it's very likely, perhaps by end of October. See whether I'm right :)
hopefully more to come. It's not easy to find a good company that consistently making profits, paying attractive dividends, has a lot of cash and financial assets, And more important, it's still undervalued by whatever yardsticks. For Hexza, this year financial performance is much more better then the previous few years. And I predict next year will be better. Buy or sell? That's your choice. Good luck!
Once you are in stock market, you are gambling. anything associated with risk is gamble. Thats why we have intrinsic value and margin of safety :) am i not right?
more or less :).. just some if say they r gambling then dia punya rambut panjang marah ma and seem no class ma so ma cari excuse lo put on some sui sui name like apatu nett nett la value la ..kili kala lo..
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....
desmond0802
219 posts
Posted by desmond0802 > 2015-07-27 07:09 | Report Abuse
http://www.thestar.com.my/Business/Business-News/2015/07/27/Hexza-gains-traction/?style=biz