With the listing of Pekat tomorrow which This group hold 126.5 mil shares or 19.6% shares, expect this investment will grow in value handsomely as Pekat is involved in RE sector which most of counter price is mostly above RM1 such as SLVest
With the Group holding Pekat shares of 126.5 mil shares and assume investment cost of RM0.330 per share, hence anticipate gain will be approximately RM60 mil for Group if realize at later time
Let assume the gain of RM60 mil to RM80 mil and Paid up of 820 mil shares. Then the unit gain of RM0.07 to RM0.10 per share not to mention the prospect on Pekat for the group as well as existing hextar potential. Good chance to consider investing
Seem like Pekat will move up to RM1.00 based on current movement which hold in range of rm0.80 to rm0.840 at midday. With volume at approximately 30% mark, chances will pekat move higher in the afternoon. With pekat up by RM0.520, Hextar will benefit and should move higher in line with it. Hence it is opportunity to buy into Hextar
If look at the industry of supplies of chemical in agrochemical will anticipate good turnover as price of CPO and other agriculture products will anticipate lead to good profit in the coming quarter 3 which ended 31.05.2021. From the announcement existing major shareholders keep on buying the shares and bonus issue will be on 25.06.2021
Study on the group shown that it likely generate good profit in coming quarters. The profitability anticipate to be good as the industry and investment will lead to great result.
Can I check with you all, why my ave buy price significant 3X reduced today (from 1.628-> 0.9->0.35) compare to last week after bonus issue? any one encountered the same?
I was contemplating buying before ex bonus but decided not to do so at last minute. Lucky I made the right decision. I think we all need to be careful as their modus operandi seems to push up the price before bonus, so much so trying to show you that the directors also bought aggressively. Same modus operandi with Rubberex. Very disappointed with Rubberex - see what it is today !!
The industry that they are operating is in demand and can attract lots of suitors. Look at Syngenta. I am not here to draw abuse but the potential market for the agri chemical business is huge. This company delivers good returns, the management is focused, buying cleaning chemical etc, if the profit is there and the team is delivering, I am happy to hold, of course, we all want a Genetec but not all are fortunate. ATB
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....
carurhead
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Posted by carurhead > 2021-06-01 10:53 | Report Abuse
It’s time to rise..