agreed. Ov123. We must give credit 2 VenFx & Bugle 4 highlighting tis wonderful stock 2 all of us. There is not a lot of shares in the mkt, I think easy 2 move up if mkt interest there. If 4 whatever reason don move, we shud corner d stock up asap!!!
cash rich company and another 2-3 QR will bring in more $20-25 mil profits. ..but most important fact is..Dow in recession and everywhere in recession, even US drop dead.. ethanol business no effect coz it doesn't dependent on import materials and sales in Malaysia only, no need to export..but hand sanitizer NO !! ..
1. Hexza's Jan-Mar 2020 results are out and it speaks for itself! Quarterly profit jumps to 7.5 mil (from 1.5 mil previously).
2. Further upside expected in the next few quarters as demand for sanitizers leaps - malls, schools, public transports etc opening up which will require more sanitizers as the new normal 3. Hexza continues to be well positioned to monetize the new normal as the largest ethanol producer in Malaysia and production of more premium / higher grade enthanol (suitable for even F&B) 4. Strong balance sheet with net assets over RM200 mil - cash war chest of RM90 mil and also holds ~RM100 mil investments in stocks (Alibaba, Apple, Nvdia, Facebook) which have increased by ~20% since end of 2019 5 it is expect hexza to make 30-50 mil extra in cash this year, if dividend out its basically 15-25 cents per share
I doubt will limit up, I got into hexza 4 yrs back and when they were minting money with the Myanmar power gen contract the shares also didn't move. It slumped to 70sen for a very long time. When I read the guidance from mgmt on the nx qtr results being impacted by MCO, already knew that it was game over.
Such a good company but never had the luck to break past its current value.
This shares itself is cunning..hahahaha. I bought when it share price suddenly up with high volume from 1.02 to 1,22. Bought 1.17 sold 1.22. Then 2 days no QR result but share start to consolidated. Mean they start to disposal. Luckily today I din do anything. Market always warn us to buy on rumours and to sell on fact. It is true happen today.
those newbies goreng many shell lost making counters like mad. once most telegram group host bought enough stake; shall ask newbies help them to goreng to moon :)
By then , dont be surprise to see Hexza traded at 3.50
i actually don't trust the report that says..next qr performance will not as good as recent one.. ..how can that be?..when hand sanitizer until today still selling like hit cakes !! incoming 2-qr must be in good profits.
Ron90 current quarter is for Jan - Mar20 only, price of ethanol start surge from Feb, which mean it only takes into account of 2mths at the increased price... Coming quarters woohoo!!
Cash rich company with no debt, with dividend and predictable good prospect, apa takut? Takut put FD in bank lah hahaha
hahah.. China also not enough Ethanol now. they just took a special shipment of ethanol into china from the states through middle east in may, maybe 9000 tonnes. Price crash outside dont affect Malaysia much, because got export ban for critical chemicals and medicine used to fight covid. Even after they stop using ethanol as fuel, still they importing. Food grade ethanol is used as sanitisor to fight covid, and not the one synthesized from gas.
Just think about it, who use gloves all the time? Outside on the street you would see more sanitizer in everyone bag rather than rubber gloves. Hexza will grow until end of the year.. demand will shoot up on 2020, 3rd and 4th quarter.
some sanitizers have been found to have methanol, which is dangerous. So i guess even to import difficult, since need to test and get approval.
what i mean is.. when i read the report, this company purposely gave low profile prediction for future income..but for those who knows whats is happening out there.. should believe the Hexza will continue to produce marvelous profits for at least 2 more QR. Next quarter possibility more than 10 million !.
cash rich, secured business, hand sanitizer sales sky rocket..much better than gloves!.
i like Hexza personally. There is DY to act as defence for the share price. Assuming 5 sens declared as per past year, the yield is 4.3% at current price of RM1.20. This will be help give a floor to the share price. If the downside is protected, the upside will take care of itself. Just my humble sharing. TQVM
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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....
supper888
135 posts
Posted by supper888 > 2020-06-28 14:38 | Report Abuse
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