compare to last year closing and closing on 30th June 2020,US share investment at least gained another RM60mil.for the year. Core business may likely made around RM20mil.net.....may hv some other additional gain.
B10. Dividend (a) The following dividend in respect of the financial year ended 30 June 2020 has been recommended by the Directors which is subject to the approval of the shareholders at the forthcoming Annual General Meeting:- (i) A final dividend of 5.0 sen per share, and (ii) A special dividend of 2.5 sen per share
Other comprehensive income/(loss): Items that will not be reclassified subsequently to profit or loss: Net fair value changes in equity instruments designated as at FVTOCI 20,778,000
Material subsequent event As at 24 August 2020, the aggregate value of our investment portfolio was RM19.94 million higher as compared to the reported value as at 30 June 2020.
Save for the above, there are no material events subsequent to the end of year reported on to the date of this report which have not been reflected in the financial statements for the quarter ended 30 June 2020.
bad QR.. hexza suppose to capitalize hand sanitizer business and get maximum profit, but that is not the case.. they continue to sell at low price while hand sanitizer supplier taking huge profit by selling ethanol at premium price.. there might be conflict of interest.. directors took profit from hand sanitizer business which is outside Hezxa structure.. no hope.. this suppose to be the best QR.. but turn out below expectation
I ASKED PHARMACY FRIENDS MARKET PLACE DO NOT HAVE HEXZA HAND SANITISER. WHY NEVER GO INTO THIS BUSINESS? CONDOM MAKER ALSO MAKING SANITISER. CHAIRMAN ANSWER US. CEO SO SMART BUY APPLE SHARES WHY NEVER SELL SANITISER. 100 MILLION CASH CANNOT INVEST SANITISER MANUFACTURING? HELLO CHAIRMAN. HELLO CEO.
Government has imposed nationwide Movement Control Order (MCO) on 18 March 2020 and subsequently conditional MCO from 4 May 2020. Although both of our businesses were given permission to operate, we were nevertheless indirectly impacted by the MCO as well. The ethanol division experienced a shortage of wood chips used as fuel for the factory’s boiler resulting in a brief interruption to operations. Wood chips were in short supply because plywood mills were not allowed to operate during the MCO. Furthermore, our potable customers were also not given permission to operate, which impacted ethanol sales to that segment.
Ethanol segment Turnover for the quarter increased 52.8% to RM9.84 million from RM6.44 million in the corresponding quarter last year mainly due to increase in sales volume by 37.3% and increase in average selling price by 11.3%. Profit before tax for ethanol segment increased by RM2.19 million to RM3.48 million from RM1.29 million mainly due to lower production costs and increases in sales volume and average selling price.
Selling price of ethanol increase from RM4.00/kg to RM9.00/kg with surge in demand. (Price even hit RM12.00/kg during MCO) Glove company can double their earning, due to increase of ASP. Why not HEXZA?
Pls read my statement carefully lo. If cant understand, pls use google translate. Did i mentioned result very good?
Haha if u bought at high price, then....Wish u good luck.
0.075 dividend no good ar ? Is 10% DY for me, im happy with it >.<
I sold half of my holdings at 1.8+. I'm going to sell the leftover if the company do not want to do something about the share price. Everyday the share price is dropping eventhough it's making profits. This is to prove that the CEO is incompetent.
A good company must have support line but what I see is no support at all. They don't care about the shareholders at all. This is not about noobs, this is about whether the company is doing the correct thing. If they don't care about the share price might as well don't get listed. 'TAPAO'.
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....
Posted by ICUTrader > 2020-08-20 13:18 | Report Abuse
Is alcohol price still double?