Results is not good. Management expect profit to remain at current levels for Resins and Ethanol segments for the rest of the year. With strength of ringgit, we can expect to see continued unrealised forex losses in the investment division. Only positive is that this is the first quarterly net profit after 3 quarters of net losses. Foresee that the company will remain profitable next quarter too. Unfortunately, forward looking earnings won't be strong. Price should drop below RM0.70 based on historical P/E ratio.
Hexza strong balance sheet will support its share price. cash+share market value = 67.53mil + 100.62mil = 168.15mil. AR+Inventory-AP = 13.18mil+20.88mil-5.58mil = 28.48mil and previous impairment loss (power generation) of 28.54mil eventually will be credited into account. dividend of 5sen, at current price of 74sen provide dividend yield 6.75%
board of director pls sell off all the shares been purchased before market clash and distribute the cash to the investors instead of repeating the stupid money loaning or propety development idea
Is Hexza gonna change CEO like all the GLC's in Msia. Useless CEO of any company should go. little boy ruin his CV and reputation for life already. Do your job and turn a big profit boy!! Do your job
I think dompeilee is right. I don't think Singapore lawyer can do anything. We buy share is to make money. If we lose from RM1.20 to RM0.66 we are entitled to be very angry. We should take over the company and push for the change. We should accumulate if it goes to RM0.60. ANGRY!!!
A company should rely on its core business to make profit, and not its investment in securities. Why SpikeG has deleted his earlier comments?? I suspect SpikeG is the CEO, wrote a long winded text to defence his uselessness??? Haha...young boy, you should spend more time to focus on your company business and show results instead of playing women...
@dompeilee, which part is true? Pls share. Sometimes I'm just thinking whether something like khazanah can happen on the CEO, offer him to resign. Since he joined the com, almost all quarters make losses
RAIDER LIKE TO ATTEST LOH....! ! THE YOUNG CEO IS A FINE MAN, I KNOW THE FAMILY WELL ,THEY ARE MY HOMETOWN NEIGHBOUR, I M STAYING FEW BLOCKS AWAY FROM HIS HOUSE IN PENANG LOH...!!
HIS ELDER BROTHER IS RAIDER'S VERY CLOSE FRIEND MAH...!!
SO PLS...DON SPREAD UNJUSTIFY COMMENT ON CEO LOH.....!!
Bottom line is : He has been a bad HEX to Hexza & its shareholders ...not long after he came in as CEO, the company suffers its first losses in living memory!
Posted by dompeilee > Aug 5, 2018 05:39 PM | Report Abuse
Bottom line is : He has been a bad HEX to Hexza & its shareholders ...not long after he came in as CEO, the company suffers its first losses in living memory!
SIMILIARLY RAIDER CAN ALSO SAY NOT LONG AFTER U CAME IN AS SHAREHOLDER, THE COMPANY SUFFER ITS 1ST LOSSES LOH...!!
SO DO NOT BE SO LOW STANDARD MAH.WITH THIS TYPE OF FUCKING LOGIC MAH..!!
THE BOTTOM LINE, THE POWER PLANT LEASING IS DONE LONG B4 OUR YOUNG CEO JOIN THE COMPANY LOH...!!
I was a shareholder since 2014...so you CAN'T say that...but I can say that shortly after you became Hengyuan's biggest supporter, it peaked & crashed! HAHAHAHA!!!
FUCKING DOMPEILEE....CAN'T U SEE THE CEO, IS NOT INVOLVE WITH THE LEASING ARRANGEMENT MAH....!!
DON BE JEALOUS OF THIS YOUNG CHAPS ,MAH....!!
Posted by stockraider > Aug 5, 2018 06:23 PM | Report Abuse X
What type of fucking stupid logic loh ??
Posted by dompeilee > Aug 5, 2018 05:39 PM | Report Abuse
Bottom line is : He has been a bad HEX to Hexza & its shareholders ...not long after he came in as CEO, the company suffers its first losses in living memory!
SIMILIARLY RAIDER CAN ALSO SAY NOT LONG AFTER U CAME IN AS SHAREHOLDER, THE COMPANY SUFFER ITS 1ST LOSSES LOH...!!
SO DO NOT BE SO LOW STANDARD MAH.WITH THIS TYPE OF FUCKING LOGIC MAH..!!
THE BOTTOM LINE, THE POWER PLANT LEASING IS DONE LONG B4 OUR YOUNG CEO JOIN THE COMPANY LOH...!!
Notice that this fake guru stockraider start to use F words ever since he lost his underwear & balls buying Hengyuan all the way up, touting that Chinaman company's fair value as RM21-42.
WHAT UR FUCKING JEALOUSY OF HEXZA CEO GOT TO DO WITH HENGYUAN LEH ??
Posted by dompeilee > Aug 5, 2018 06:57 PM | Report Abuse
Notice that this fake guru stockraider start to use F words ever since he lost his underwear & balls buying Hengyuan all the way up, touting that Chinaman company's fair value as RM21-42.
And why shld I be jealous of Hexza CEO? I'm better looking than him and rode one of the best performing stocks(Sino Hua-An), a stock which beat BitCoin many times over in '17, all the way UPPPPPP to 66c from 3.5c !!!!
In comparison, what did Hexza's esteemed management buy for its portfolio ??? Sapura Energy & Axiata is among their Top Holdings at the time of that AGM! Is anyone taking responsibility for those disastrous stocks?
No wonder this low standard stockraider come out to defend low standard stockpickers!
USE UR BRAIN LAH....IF SAPURA ENERGY & AXIATA...ALREADY BOUGHT AT HIGH PRICE ....CLEARLY 31-3-2018 FINANCIAL RESULT STATEMENT SHOULD GOT A VERY LARGE IMPAIRMENT & A VERY BIG LOSSES LOH....!!
BUT I SEE THEY STILL HAVE A STRONG BALANCE SHEET WITH NETT MARKETABLE SECURITIES AND CASH OF MORE THAN RM 150M, SO CLEARLY THEY ARE DOING SOMETHING OK LOH....!!
Posted by dompeilee > Aug 5, 2018 07:05 PM | Report Abuse
In comparison, what did Hexza's esteemed management buy for its portfolio ??? Sapura Energy & Axiata is among their Top Holdings at the time of that AGM! Is anyone taking responsibility for those disastrous stocks?
No wonder this low standard stockraider come out to defend low standard stockpickers!
Do your homework lah ! The strong balance sheet comes from many many years of conservatism.So just like you said CEO is not responsible for the Myanmar foray, so current mgt also can't take credit for the strong balance sheet....unless they make it STRONGER.
In more developed Japan, CEOs take responsibility for their co's situation, WHOEVER caused it in the past!
And pls note that I was not the one who said he was a womaniser...becos I have no evidence of it.He's just a lousy unaccountable CEO who doesn't run my company well!
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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....
BanglaMan
870 posts
Posted by BanglaMan > 2018-02-12 23:10 | Report Abuse
The CEO from RHB IB oso bring the company go holland one hahaha still finding land to go into property