Halex Holdings Bhd is targeting to grow its market share to 40% in the next three to four years. The company will have a market share of 28% post-acquisition of Hextar Chemicals Ltd (HCL).
INSIDERS NEWS.....Special dividends after disposal of a piece of industrial land together with freehold factory and buildings....just judge yourself whether this news favourable or not!
Probly investors look at Hextar's agrochem biz to benefit from refocus on food supply and agriculture. As agrochem is a derived demand from plantation activity.
Maybe also why ANCOM is gaining momentum also cos they have Ethanol production plus Agrochem also.
On outlook, Hextar Global said its agriculture segment turned out to be more essentially needed than before, as governments are prioritising food security. Hence, it is confident that the agriculture segment will continue to contribute a sustainable income to the group in 2020.
Others The Group continues its expansion plan by setting up a new subsidiary company, Hextar IOT Sdn. Bhd. in March 2020 to embark on 5G technology in plantation industry. The Group will continue to further explore on other potential opportunities beside leveraging on this technology.
public TP is a old TP when the price still 50cents. I have sapu since 49-50cents. the recent QR is good but nothing great with only 1++EPS which under my estimation, Don't just look at the percentage
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Posted by techlee229 > 2019-11-19 10:23 | Report Abuse
Halex Holdings Bhd is targeting to grow its market share to 40% in the next three to four years. The company will have a market share of 28% post-acquisition of Hextar Chemicals Ltd (HCL).