Posted by Keyman188 > 2021-03-27 14:59 | Report Abuse

The reason why this company attract Keyman188 due to Hextar Global Bhd managed to revamp & gradually growth with producing handsome quarterly result...

Furthermore, Hextar Global Bhd also consistently payout dividend 2019 until now by quarterly basic...

Keyman188 had invested Hextar Global Bhd since last year the share price nosedived below RM 0.70....

Latest the share price of Hextar Global Bhd gradually recovered with strong buying interest after the market realized Hextar Global Bhd abled to sustain growth during last year pandemic...

During Dec'20, Hextar Global Bhd share price had reached RM 1.00 but Keyman188 had disposed all around RM 0.960 with handsome profit just less than 4 months...

Unfortunately Keyman188 did the very BIG BIG mistake during closed to end of Dec'20 to reinvest back when the share price had made correction back to 0.810 range...

Posted by Keyman188 > 2021-03-27 15:02 | Report Abuse

Keyman188 personally perceive the latest revamp co., Hextar Industries Bhd, any possibility to duplicate the same manner of growth like Hextar Global Bhd to reward the shareholders for upcoming 12 ~ 24 months...

Posted by kfliau > 2021-03-27 19:49 | Report Abuse

Keyman188 The warrant has been holding on strong at 9 cents despite exercise at 30 cents and expiry in December. This right issue of 7.5 for 1 means the warrant will get free warrant at 7.5 for 1 and reduced conversion at 4 cents is it?

Posted by Keyman188 > 2021-03-27 19:56 | Report Abuse

@kfliau...Keyman188 doesn't think so because can't find it at circular...

Maybe Keyman188 overlooked lahhh...

Keyman188 always like to highlight & highlight to market traders again...

Always invest what you can understand...

Always invest how much risk you can absorb & handle...

In fact, Keyman188 more prefer investing mother share instead of any kind of warrant...


^^^ Keyman188 last disclaimer word...Keyman188 not the professional or experts...but Keyman188 always like to learn from professional bodies...

For further clarification you need to consult with your dealer or remiser or any professional body...

Posted by kfliau > 2021-03-27 20:18 | Report Abuse

Keyman188 what's your target price of mother before rights issue ex?

Posted by Jeff7 > 2021-03-29 10:17 | Report Abuse

(c) Trading of industrial products business segment

We noted that the unprecedented COVID-19 pandemic has greatly affected SCH
Group’s equipment rental business as organisers had to postpone or cancel events due
to the constraint on the movement of people and strict standards of operating procedure
amid the COVID-19 pandemic. Nevertheless, to mitigate the risks that are associated
with the equipment rental business that has declined, we noted that SCH Group ventured
into the trading of industrial batteries and its related products/peripherals that are used in
data centres, telecommunications infrastructure and solar power plants.
We noted that the industrial battery industry in Malaysia, represented by the
manufacturing sales value of batteries including industrial batteries, increased at a
CAGR of 3.63% from RM4.19 billion in 2017 to RM4.50 billion in 2019. Smith Zander
estimates the manufacturing sales value of batteries, including industrial batteries, to
have increased by 16.44% from RM4.50 billion in 2019 to RM5.24 billion in 2020; and
forecasts it to increase further by 8.97% to RM5.71 billion in 2021. Smith Zander notes
that the demand for industrial batteries from the data centre industry,
telecommunications industry and renewable solar energy is expected to be driven by
technology advancements of lithium-ion batteries and the growth and development of
end-user industries. As such, SCH Group plans to expand its market reach, to amongst
others, telecommunication and power supply companies in Malaysia and to the
Southeast Asia market.

We noted that SCH Group is currently supplying industrial batteries to telecommunication
and power supply companies in Sarawak, Indonesia and Thailand. SCH Group will
continue to focus on these markets in the initial phase of its expansion plan. In order to
penetrate into new markets, SCH Group plans to collaborate with local distributors where
SCH Group would be able to provide better credit terms to the customers (which are
primarily the Engineering, Procurement and Construction (EPC) services providers) as
compared to the local distributors. The local distributors would provide the networks and
contacts whereas SCH Group will purchase the products from the local distributors and
onward supply it to the customers.

In addition, SCH Group plans to supply lithium-ion batteries as SCH Group has noted the
increasing trend in the usage of lithium-ion batteries. Currently, SCH Group is engaged
in the trading of lead acid batteries. Furthermore, SCH Group is also looking to expand
the range of related products/peripherals they offer to include, amongst others, inverters,
rectifiers, UPS system, and load banks in addition to solar panel.

We noted that depending on the proceeds to be raised from the Proposed Rights Issue,
SCH Group envisages that the expansion plan for its industrial products business would
take approximately 2 years from the completion of the Proposed Rights Issue. The main
financial resources required for the expansion is for the purchase of industrial batteries
and related products/peripherals, the funding of which is to be from the proceeds of the
Proposed Rights Issue. It is envisaged to represent 70% of the rights proceeds allocated
for the purchase of industrial products, heavy equipment and spare parts.

Posted by Jeff7 > 2021-03-29 10:18 | Report Abuse

from the Right Issue Proposal Statement, stated, 70% of the funding will use to fund the Industrial Products Business

Posted by Jeff7 > 2021-03-29 10:19 | Report Abuse

Which will focus on the industial batteries & related

Posted by Jeff7 > 2021-03-29 10:20 | Report Abuse

Target industries:
1. Telco (more 5G towers mean more batteries needed)
2. Datacenter
3. Solar Farm/Park
4. Etc

Posted by Jeff7 > 2021-03-29 10:31 | Report Abuse

Comparison between Q1/21 with Q1/20 (Individual/Cumulative)

For the Q1/21, the Group achieved revenue of RM37.5 million, an increase of 14.5% as
compared to corresponding quarter Q1/20, principally contributed by the sales of battery
under equipment rental division. With the higher revenues attained in the Q1/21, the
Group reported a profit before tax of RM1.2million as compared to corresponding
quarter’s profit before tax of RM0.2million.

Posted by Jeff7 > 2021-03-29 10:32 | Report Abuse

From the latest QR, this statement showed that the progress of the battery business doing well, that improved the company net profit, even the overall margin too

Posted by Jeff7 > 2021-03-29 10:43 | Report Abuse

Hexind transformation is on track

Posted by Jeff7 > 2021-03-29 10:43 | Report Abuse

Net profit also from red to green

Posted by kfliau > 2021-03-29 12:35 | Report Abuse

@Jeff7 The rights issue is very heavy at 7.5 for 1 at floor price of 8 cents. How is the company going to entice investors to subscribe?

Posted by Jeff7 > 2021-03-29 14:10 | Report Abuse

Hi kfliau, i think the management havent finalize on the no of rights issue entitlement yet

Posted by kfliau > 2021-03-29 16:59 | Report Abuse

Jeff7, you think price will run up before rights issue ex?

Posted by kfliau > 2021-03-29 18:37 | Report Abuse

Has the right issue been approved, Jeff7?

Posted by Jeff7 > 2021-03-29 18:39 | Report Abuse

Not sure, i am more to long term

Posted by Steve0612 > 2021-03-30 10:43 | Report Abuse

Obviously con counter la. Drop back to original. Funny af

Posted by kfliau > 2021-03-30 10:57 | Report Abuse

Who will be interested to subscribe to their rights if the price stays like this?

Posted by Jeff7 > 2021-03-30 11:16 | Report Abuse

obviously someone purposely push down and collect, if you do analysis, u can see the buy volume keep on increasing compare to sell volume, mean many people get wash out and sell to some operator, that keep collect.

Posted by Keyman188 > 2021-03-30 11:44 | Report Abuse

For minimum scenario not applicable for public...

Only base case scenario will open public to subscribe...

Keyman188 maybe will subscribe if management decide to go for "base case scenario" proposal...

Keyman188 looking forward for next 12 ~ 24 months after right issue completed done...

Cheers........

Posted by kfliau > 2021-03-30 12:17 | Report Abuse

According to their time line, rights issue will ex in mid April and listing end April. Am I correct?

Posted by kfliau > 2021-03-30 12:30 | Report Abuse

It's so absurd. Mother down 1.5 cents and son Which is not in the money up half cent

Posted by kfliau > 2021-03-30 15:24 | Report Abuse

How can SC turns a blind eye to this broad daylight manupulation? Mother down 3 cents and son Which is out of money up half cent.!

Posted by ikkiwong > 2021-03-30 18:06 | Report Abuse

Seem hopeless... but i still holding maybe run tomorrow

Posted by ikkiwong > 2021-03-30 18:17 | Report Abuse

half way to holland

Posted by Steve0612 > 2021-03-30 18:57 | Report Abuse

@MR JEFF, where did u see the buy volume > sell volume? LOL. show me please. transacted volume shows that sell > buy dude

Posted by RCZ2020 > 2021-03-30 19:28 | Report Abuse

I think this counter has achieved the target price 0.295. Hope won't go down any further. It should rebound any time soon. Hold and wait

Posted by RCZ2020 > 2021-03-30 19:29 | Report Abuse

I am also holding for the good news of rights issues. Let's wait and see

Posted by RCZ2020 > 2021-03-30 19:32 | Report Abuse

BJcorp is good but I sold very early. Missed the boat

Posted by mansaham1972 > 2021-03-30 20:17 | Report Abuse

Saya masuk bjcorb wb masa harga 1.5 sen dan jual 4 sen.masuk balik 2.5 sen dan jual 4 sen.masuk lagi 5 sen dan jual hari ini 10 sen.Besok macam nak terbang lagi.Apapun sangkut ini kaunter harga 35 sen kahkahkah

Posted by RCZ2020 > 2021-03-30 21:00 | Report Abuse

Saya sangkut kat 44sen. Lagi teruk lah

Posted by Daham1968 > 2021-03-30 21:44 | Report Abuse

Rasanya dah lantai kot....

Posted by RCZ2020 > 2021-03-30 22:17 | Report Abuse

Hope this operater won't do like ANZO DATUK EDDIE. Goreng and leave

Posted by Jeff7 > 2021-03-30 22:25 | Report Abuse

Steve0612, i got the analysis from a system, which show the Support & Resistance Strength, reflect the sentiment

Posted by kfliau > 2021-03-31 08:01 | Report Abuse

Any sifu here can advise what will happen to the warrant upon ex of rights issue?

Posted by RCZ2020 > 2021-03-31 11:11 | Report Abuse

Another con counter. Pump and dump. Directors already made their money. Now going back to their original bottom price. Conman counter

Posted by RCZ2020 > 2021-03-31 11:23 | Report Abuse

This company going to hell already. 0.26

Posted by kfliau > 2021-03-31 11:47 | Report Abuse

Very frustrating

Posted by RCZ2020 > 2021-03-31 13:02 | Report Abuse

Taking all the retailers to holland

Posted by RCZ2020 > 2021-03-31 13:06 | Report Abuse

I read their last year's reviews. They carry very bad remarks under
SCH GROUP

Posted by kfliau > 2021-03-31 14:01 | Report Abuse

Anyone here trapped at 4th or 5th floor?

Posted by Steve0612 > 2021-03-31 14:30 | Report Abuse

I 0.39...

Posted by kfliau > 2021-03-31 14:34 | Report Abuse

Me 0.34. Looks like even going back to 3rd floor also so hard

Posted by detouch > 2021-04-01 09:42 | Report Abuse

stay away

Posted by Jeff7 > 2021-04-01 09:46 | Report Abuse

2. Proposed Rights Issue

Entails the proposed rights issue of SCH Shares to raise gross proceeds of up
to RM155.0 million. The Proposed Rights Issue is proposed to be undertaken
on a minimum subscription basis to raise gross proceeds of RM23.5 million.
On full subscription basis, the proceeds SCH intended to raise is up to
approximately RM110.0 million. Nevertheless, shareholders’ approval is
sought to raise up to RM155.0 million, in the event new SCH Shares arising
from the exercise of the Warrants are issued after the price-fixing date but
before the Rights Issue Entitlement Date.

The Proposed Rights Issue is intended to be implemented after the completion
of the Proposed Share Consolidation, subject to all relevant approvals being
obtained for the Proposed Share Consolidation.

The entitlement basis for the Proposed Rights Issue and Issue Price will be
determined and announced by the Board on a later date. It is the intention of
the Board that the Issue Price shall be priced at a discount ranging from 10%
to 30% to the TERP of the SCH Shares based on the 5 Market Day VWAMP
of the SCH Shares preceding the price fixing date, subject to the Floor Price
of RM0.08 (after the Proposed Share Consolidation).

Hextar has given irrevocable undertakings dated 11 November 2020 to the
Company to subscribe RM80 million worth of Rights Shares subject to the
terms and conditions as set out in Section 2.2.3. The Company does not intend
to procure any underwriting arrangement for the remaining Rights Shares not
subscribed for by the other Entitled Shareholders and/or their renouncee(s)
and/or transferee(s).

Posted by Jeff7 > 2021-04-01 10:15 | Report Abuse

'irrevocable undertakings', think about it

Posted by kfliau > 2021-04-01 10:20 | Report Abuse

Jeff7 what will happen to the warrant? The exercise price will be adjusted to 4 cents What about the price, any adjustment?

Posted by Jeff7 > 2021-04-01 10:28 | Report Abuse

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=205750&name=EA_DS_ATTACHMENTS