HEXZA CORPORATION BHD

KLSE (MYR): HEXZA (3298)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

1.10

Today's Change

-0.01 (0.90%)

Day's Change

1.10 - 1.12

Trading Volume

180,600


10 people like this.

3,861 comment(s). Last comment by Merlin Tan 13 hours ago

lcng123

1,126 posts

Posted by lcng123 > 2020-01-22 11:53 | Report Abuse

Hexza won the court case against Tembusu Singapore. Will it be able to claim back the money from Tembusu ?

lcng123

1,126 posts

Posted by lcng123 > 2020-01-22 11:55 | Report Abuse

And the boss's son was joining the company recently. Will be able to lead company for a better future ?

lcng123

1,126 posts

Posted by lcng123 > 2020-01-28 18:57 | Report Abuse

face masks out of stock in the market. one of materials to produce masks is resin and Hexza produce resin. no wonder Hexza share price up today.

MoneyShow3

538 posts

Posted by MoneyShow3 > 2020-01-29 22:35 | Report Abuse

You are only half right lcng123.... Hexza actually produces alcohol and ethonol used for medical disinfectant and cheaper mouth wash or germacide... It has very high demand and the price can spike relatively high. Usually for virus strains, the use of harsh chemicals are used vs for bacteria disinfectant...

BearishTrend

1,296 posts

Posted by BearishTrend > 2020-01-30 00:03 | Report Abuse

good company Hexza

MoneyShow3

538 posts

Posted by MoneyShow3 > 2020-01-30 13:44 | Report Abuse

Invested in us tech stocks, esp apple... In the money. Last investment announced a profit of abt 7m from investment

sensonic

690 posts

Posted by sensonic > 2020-01-30 13:48 |

Post removed.Why?

MoneyShow3

538 posts

Posted by MoneyShow3 > 2020-02-10 12:31 | Report Abuse

Hexza is steadily moving up.. Hope it could return to its former glory. BTW what happened to the Myanmar power generation case where they won the civil suit in sg? They should repossess the generators and sell those. Myanmar is hungry for power
https://scandasia.com/myanmar-government-ordered-wartsila-power-plants-to-battle-black-outs/

dompeilee

11,888 posts

Posted by dompeilee > 2020-02-10 20:53 | Report Abuse

Finance director already said during AGM that NOT A SEN of the Tembusu project can be recovered because the Myanmar/Sinkie cheat put all the assets in other ppl's names. & is in hiding.

MoneyShow3

538 posts

Posted by MoneyShow3 > 2020-02-11 23:31 | Report Abuse

But at least they did a good enough job in making it back from the stock investments..

lcng123

1,126 posts

Posted by lcng123 > 2020-02-13 09:37 | Report Abuse

The boss's sons already joined the company. Good sign for company's future prospects. They are the elite in investments.

lcng123

1,126 posts

Posted by lcng123 > 2020-02-13 09:40 | Report Abuse

Hexza share price getting higher everyday

dompeilee

11,888 posts

Posted by dompeilee > 2020-02-13 15:06 | Report Abuse

Bought more Hexza @ 77.5 & 78c

dompeilee

11,888 posts

Posted by dompeilee > 2020-02-13 17:09 | Report Abuse

I treat Hexza as a cheaper entry into bullish positions in Apple, Alibaba, Nvidia & Facebook...which they can sell into the current market for huge profits =)

Posted by Janson King > 2020-02-13 17:24 | Report Abuse

Probably because they produce ethyl alcohol, material to produce hand sanitizer.

But the huge demand for ethyl alcohol won't reflect in coming's quarterly report.

dompeilee

11,888 posts

Posted by dompeilee > 2020-02-13 18:32 | Report Abuse

Luckily I also nibbled a little more just before the ex-dividend date, buying a little bit at below 80c & getting an extra $100 dividend...I think I hold till end-2020 so that my passive dividend income will be higher than 2019's.

dompeilee

11,888 posts

Posted by dompeilee > 2020-02-13 18:35 | Report Abuse

Let's thank the $28.5mil wipeout in Myanmar for the chance to buy this conservative company at below 80c!

lcng123

1,126 posts

Posted by lcng123 > 2020-02-13 19:03 | Report Abuse

Luckily I had grabbed some at 70sen

MoneyShow3

538 posts

Posted by MoneyShow3 > 2020-02-13 21:05 | Report Abuse

The returns on their investment is fantastic with the tech rally plus the business is booming and will continue to support a super high utilisation of their ethyl alcohol biz. Its the main material for sanitizers which is facing a shortage. Hope this year gives us 10sen or better dividend. Tq hexza!!!!

dompeilee

11,888 posts

Posted by dompeilee > 2020-02-14 10:30 | Report Abuse

Idiot ikan bilis keep throwing & more buyers keep Q-ing @ 80.5c ...Steady!

dompeilee

11,888 posts

Posted by dompeilee > 2020-02-17 09:36 | Report Abuse

82.5! No need to spend a fortune betting on AAPL, FB, BABA & NVDA...just buy Hexza! =)

dompeilee

11,888 posts

Posted by dompeilee > 2020-02-17 10:07 | Report Abuse

After useless director Gary Goh resigned, mostly up =)

lcng123

1,126 posts

Posted by lcng123 > 2020-02-17 12:25 | Report Abuse

Hexza has momentum to hit higher

Posted by Originator > 2020-02-17 14:33 | Report Abuse

0.86 shud be top b4 it retraces below 0.82>0.78

dompeilee

11,888 posts

Posted by dompeilee > 2020-02-17 19:53 | Report Abuse

Compared with a stock like Salute which has almost double the no. of shares, very low NTA & less steady earnings, which I thankfully escaped from last week @ 1.005 when it hit a 52-week high, Hexza is dirt cheap! Glad I made the switch to buy MORE Hexza last week!

Mike Jcy

607 posts

Posted by Mike Jcy > 2020-02-18 10:07 | Report Abuse

Sold out....bye bye,....

Posted by Originator > 2020-02-18 13:55 | Report Abuse

you will be lucky if it doesnt break below 0.76...be prepared!!juz for 4 sen more..you wud lose much more...GL

dompeilee

11,888 posts

Posted by dompeilee > 2020-02-18 18:11 | Report Abuse

I sold 12% of my holdings @ the open 84.5c this morning & another 16% @ 82.5c in the afternoon just in case I can buy back cheaper if Apple plunges tonight...

Raising cash seems to be the best move in the current jittery environment!

MoneyShow3

538 posts

Posted by MoneyShow3 > 2020-02-18 23:58 | Report Abuse

Apple is trading at $318, highest by far on a PE of abt 25x...if you base out of the charts of consumer spending post SARS and H1N1, there is a 30% uptrend in the 12 months post an pandemic..... So expect prices to move up..

MoneyShow3

538 posts

Posted by MoneyShow3 > 2020-02-23 23:26 | Report Abuse

QR not too bad, best part is the guidance. Strong boost in alcohol biz due to the current corona virus outbreak. Surge in demand. NTA is now 1.08

MoneyShow3

538 posts

Posted by MoneyShow3 > 2020-03-01 22:51 | Report Abuse

https://www.channelnewsasia.com/news/asia/malaysia-coronavirus-covid-19-sanitiser-gloves-manufacturers-12450290

Price increased:
the surge in demand for ethanol had driven up prices by up to four times.

“The prices started going up about two to three weeks back from RM4.50 a litre to close to RM18.

Demand spiked:
The effects of the demand surge for sanitising products have also rippled further upstream.

At the ethanol manufacturing end, Chemical Industries Malaya Sdn Bhd (CIM) said the jump in its sales figures was “quite substantial”.

“We have seen a huge increase in orders since the start of February from all our customers, especially those involved in sanitisers and disinfectants,” said Mr Aureole Foong, the CEO of Hexza Corporation, CIM’s parent holding company.

“Sales in just the first week of February have already exceeded our monthly average over the past few months,” he added.

According to Hexza’s website, CIM’s annual production of ethanol and related alcohol products stands at 9 million litres, with 70 per cent of output going to the local market.

While strongest demand still came from local customers, CIM has also received overseas requests during this crucial period, Mr Foong said.

Sell out all 9m liters at a profit of RM5 per liter, that's rm45m ppl

This year gonna be super duper for hexza

MoneyShow3

538 posts

Posted by MoneyShow3 > 2020-03-05 12:38 | Report Abuse

Tp rm1.50

MoneyShow3

538 posts

Posted by MoneyShow3 > 2020-03-05 16:56 | Report Abuse

Ethyl alcohol prices moved up again... Small 1 liter bottles selling up to rm31. Some dealers are running out of stocks.
I hope hexza can run maximum capacity and capitalize on the demand. It should remain very high for the better part of the year. Maybe they shld just produce hand sanitizers and maximizer revenue stream during this time.

MoneyShow3

538 posts

Posted by MoneyShow3 > 2020-03-12 16:36 | Report Abuse

Keep holding strong, tp 1.50 soon

MoneyShow3

538 posts

Posted by MoneyShow3 > 2020-03-18 13:54 | Report Abuse

http://www.ethanol.com.my/

Posted by Lantao333 > 2020-04-03 09:01 | Report Abuse

DID MCO affect hexza in anyway? their production still going on?

MoneyShow3

538 posts

Posted by MoneyShow3 > 2020-04-04 02:17 | Report Abuse

I believe if glove factories and Surgical Mask production can continue, Chem industries msia shld be running too. Shortage in the market

Rotty

23 posts

Posted by Rotty > 2020-04-06 10:30 | Report Abuse

Actually there's serious shortage of Alcohol in the market.
Heard from a friend who's working in the hospital says that they are trying to make their own sanitizer/disinfectant but short of Alcohol. And you are right ppl chasing glove and mask manufactures but forgot about alcohol producers.

MoneyShow3

538 posts

Posted by MoneyShow3 > 2020-04-07 01:38 | Report Abuse

Hexza is the largest producer. Prices have shot up. Hexza shld seriously get into the hand sanitizer biz to add value. 250ml bottle of genuine 75% Alcohol content selling for RM18 per bottle. Cost might be closer to rm6 or less. Everyone has gotten into the habit of hand sanitizing these days. The trend would stay strong.
Other products include medical wipes and swabs for disinfecting when you get the jab.

MoneyShow3

538 posts

Posted by MoneyShow3 > 2020-04-09 02:59 | Report Abuse

https://www.bangkokpost.com/business/1895485/sanitiser-dearth-continues

Thailand shortage, govt even dropped the excise duty. It would be super for hexza if msia adopted the same stance.

MoneyShow3

538 posts

Posted by MoneyShow3 > 2020-04-17 13:10 | Report Abuse

Will be a good year for hexza.. Good earnings and hopefully add some special dividends

balvin71

1,154 posts

Posted by balvin71 > 2020-04-19 00:37 | Report Abuse

Ethonol business will be up, not sure will fully cover the fall in the resins business. The revenue in the resins segment will be impacved by the MCO. Have to wait for next quarterly report. Agreed with the comments above, would be good to venture into hand sanitiser business.

MoneyShow3

538 posts

Posted by MoneyShow3 > 2020-04-19 01:45 | Report Abuse

Demand for resin products could be lower during the shutdown but malaysia produces and exports a lot of plywood and MDF. Resin is also priced based on benzene and solvent cost which is much lower now.
×************************* 2019 annual rpt ******
Our resins division is involved in the manufacturing and sale of formaldehyde-based adhesive resins for
timber-related industries. Operating out of Kuching, Hexzachem Sarawak Sdn. Bhd. is considered as one
of the biggest producers of formaldehyde-based resins in East Malaysia. Our adhesive resins are used in
the production of export quality plywood, particle boards and medium density fibre boards.
A significant amount of our Group’s earnings is also contributed by our investments. Hexza expanded its
business to Sabah via its minority stake in Norsechem (Sabah) Sdn. Berhad, which started operations
in 1985 and was the pioneer resins manufacturer in Sabah. Our investment in Norsechem (Sabah) Sdn.
Berhad has consistently delivered dividend income for the Company over the years.

******×************************

There would be pent up demand and a surge after MCO as the economy starts moving again. The resin biz was delivering OK margins the last 2 years on a decline. It could be lower but again cost could be an offset. The other thing to note is that saw Mills would prefer to convert logs to plywood where the resins are used in glue. It is also used to preserve logs from rotting, esp secondary recovery.

Hexza is cash positive and has a strong balance sheet plus they are blessed to be in the best business (ethonol) in the worst of times.
I believe the resin biz will pull through as well.

MoneyShow3

538 posts

Posted by MoneyShow3 > 2020-04-19 12:32 | Report Abuse

www.entrepreneurindia.co/Document/Download/Liquid%2520Urea-Formaldehyde%2520Resin%2520Manufacturing%2520Industry-217599-.pdf&ved=2ahUKEwjSgI-x0_PoAhWazTgGHfdkAV8QFjAFegQIAhAB&usg=AOvVaw2mHbhw4MHtweOWpGOXoZsH&cshid=1587270512631' target='_blank'>https://www.google.com/url?sa=t&source=web&rct=j&url=http://www.entrepreneurindia.co/Document/Download/Liquid%2520Urea-Formaldehyde%2520Resin%2520Manufacturing%2520Industry-217599-.pdf&ved=2ahUKEwjSgI-x0_PoAhWazTgGHfdkAV8QFjAFegQIAhAB&usg=AOvVaw2mHbhw4MHtweOWpGOXoZsH&cshid=1587270512631
www.entrepreneurindia.co › ...PDF
Liquid Urea-Formaldehyde Resin Manufacturing ... - Entrepreneurindia.cO

smalltimer

1,501 posts

Posted by smalltimer > 2020-04-22 08:21 | Report Abuse

Demand for sanitizer shld increase the bottomline of company

MoneyShow3

538 posts

Posted by MoneyShow3 > 2020-04-29 09:29 | Report Abuse

Any TP or hw big a stake they gunning for. Seems aggressive... 10m easily gets them 5% and could push the price north of 1.30

dompeilee

11,888 posts

Posted by dompeilee > 2020-04-29 21:02 | Report Abuse

Finally I got some nice profit to show after my most recent profit-taking in Genm way back on 1 Apr =)

MoneyShow3

538 posts

Posted by MoneyShow3 > 2020-04-30 00:38 | Report Abuse

Lifting MCO forces businesses to take precautions, spike in demand for PPE and hand sanitizers. Value potential for hexza far lagging.. QR in a couple or weeks should surprise everyone..

MoneyShow3

538 posts

Posted by MoneyShow3 > 2020-05-02 23:34 | Report Abuse

Next week will fly again.. Most countries now placing bans on hand sanitizer exports...

https://focustaiwan.tw/society/202005010011

With the new SOP, hand sanitisers and disinfectant will be in strong demand...

Post a Comment