HEXZA CORPORATION BHD

KLSE (MYR): HEXZA (3298)

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Last Price

0.995

Today's Change

0.00 (0.00%)

Day's Change

0.995 - 1.00

Trading Volume

110,000

Overview

Market Cap

199 Million

NOSH

200 Million

Avg Volume (4 weeks)

200,400

4 Weeks Range

0.95 - 1.09

4 Weeks Price Volatility (%)

32.14%

52 Weeks Range

0.70 - 1.09

52 Weeks Price Volatility (%)

75.64%

Previous Close

0.995

Open

1.00

Bid

0.99 x 6,000

Ask

0.995 x 10,000

Day's Range

0.995 - 1.00

Trading Volume

110,000

Financial Highlight

Latest Quarter | Ann. Date

31-Dec-2023 [#2] | 27-Feb-2024

Next QR | Est. Ann. Date

31-Mar-2024 | 17-May-2024

T4Q P/E | EY

29.18 | 3.43%

T4Q DY | Payout %

5.03% | 146.63%

T4Q NAPS | P/NAPS

1.86 | 0.53

T4Q NP Margin | ROE

12.00% | 1.83%

Market Buzz
Company Profile

Sector: INDUSTRIAL PRODUCTS & SERVICES

Sector: INDUSTRIAL PRODUCTS & SERVICES

Subsector: CHEMICALS

Subsector: CHEMICALS

Description:

Hexza Corp Bhd is Malaysian based investment holding firm. It operates through its subsidiaries which engage in the business of property development; manufacture of Formaldehyde, Adhesive Resins, Urea, Formalin, Hardener and MD; producing chemicals such as ethanol production and its variants; Bio-Acetic division comprises of Natural vinegar production and Beverage Industries. The company has four operating segments namely, Investment Holding, Manufacturing, Trading and Other. Most of its revenue is earned from manufacturing segment.

Discussions
8 people like this. Showing 50 of 3,811 comments

Batman888

Yeah right

2023-08-25 11:01

GHOSTVISION

The Ghost.

Ok tuan-tuan & puan-puan. Inilah keputusan muktamad.

1. Quoted investment nail to RM231m if compared last year RM122m, gain of RM109M
2. Cash & Cash Equivalent dropped from RM80m to RM70m, less RM10m
3. NTA increased from RM1.26 to RM1.73, gain 0.47cents
4. Dividend 5 cents, up 1 cents from 4 cents.
5. Equity increased from RM260m to RM355m.
6. Only set back is the current business (resin and ethanol) is not that sexy.
7. No corporate transactions as envisaged due to the their complacency.

Kesimpulan : The Ghost will SELL and will not hold the shares of HEXZA after tomorrow.

Terima Kasih
The Ghost.

2023-08-28 21:05

Batman888

Wow ini baru berita yang menakjubkan!

2023-08-28 22:43

lcng123

@GhostVision, quoted investment of RM231mil was included the additional purchase of RM26mil in the financial year. So the actual gain was RM83mil. However, I was disappointed the management just declare 5sen dividend instead of expected 7.5sen

2023-08-28 23:43

SS Loh

Quoted investment is RM 231m,cash at 69m indicate it is dam rich counter. Based on current price of 85sen,dividend yield is almost double compared with FD.
With regard draw down of cash and equivalent from 80m to 70m,the 10m was used to purchase equities if you read the full financial report.
The fair value gain of investment is reported as revenue not as profit but it is an asset, that is why NTA has gone up to RM1.72.

2023-08-29 07:23

LubeTrader

Fair analysis of the QR. At least the management has the foresight to invest their retained earnings to generate profit when the traditional core business is not doing well. Alternate revenue stream. Every business has it's ups and downs, so I wouldn't jump the gun and condemn the company.

2023-08-29 10:39

Batman888

This is my dv generate counter for many years. 5c is decent i ll continue top up and h9e

2023-08-29 15:17

dompeilee

Re-entered the stake that I partially SOLD on the last day b4 ex-divvy...have been trading profitably in & out of this fella since 2014 AND receiving all the dividends since then...🤗

2023-08-29 18:00

dompeilee

Paper profit on my average cost of 83.61c...100% win record ongoing... Plus juicy dividend upcoming! 🤗

2023-09-13 18:59

GHOSTVISION

The Ghost.

The Ghost made 20cents from 75-95 recently. Sufficient to carry ourselves to 2024 with plenty surplus.
The Ghost is slowly preying on another lookalike with strong rebound capacity & capability.

Follow us, the GHOST.

The Ghost.

2023-09-30 00:14

chankp7010

Buy Hexza and keep this counter for 2-3 years, you might earn even more than 30-50% from your purchase price.

2023-10-17 14:33

Albukhary

No doubt Hexza management team is very good in US stock investing.
However, this kind of continuous investment strategy will not benefit the shareholder.
No matter how many million he earned, he will just continue invest, he is not going to distribute the profit to you.
So you will see the NTA increase every quarter, but the share price will not move up much, as the dividend is remain low. After few year when NTA reach to RM3, the share price maybe still hang around RM0.80 - 1.10, if the dividend remain 3-4sen.

However, if Hexza is a unit trust, then it will be good, because unit trust price is based on the daily NAV

2023-10-17 14:43

Batman888

Pbb research house give tp1.2. All in Hoot9e lo

2023-10-18 22:04

dompeilee

$1 as I predicted!!! 🤗

2023-11-10 09:36

pap9163

RM1.00 any good news

2023-11-10 10:01

LubeTrader

Continue to collect. Plenty of headroom.

2023-11-10 10:30

dompeilee

Tell that to ze ijits who sold so aggressively from 94.5-96c🤣

2023-11-11 09:55

LubeTrader

Each person's got his own risk appetite. No absolute right or wrong price to enter/exit

2023-11-13 00:36

lcng123

Since Hexza has invested on Symbotic, just look at the Q3 2023 result. Symbotic will announce Q4 result on 20 Nov.
https://www.symbotic.com/about/news-events/news/symbotic-reports-third-quarter-fiscal-year-2023-results/

2023-11-14 09:54

lcng123

See what SYmbotic is doing....
https://youtu.be/EAAV9JxdjF0
https://youtu.be/LHZsKgWxK4Q

2023-11-14 09:58

elitesinalco

Latest QR announcement coming up, what are we looking for and what do we expect?

2023-11-22 17:43

Batman888

We are looking to H9e

2023-11-22 18:08

dompeilee

At SYM's closing price, the paper gain on just the recently purchased 300k shrs (the disclosures seem to imply that they bought more in Apr & Aug) is over 10c per shr.

2023-11-23 09:42

Albukhary

Gain from SYMBOTIC = 300,000 x USD13 (average paper gain) x RM4.70 = RM18mil paper gain,

RM18mil / 200 mil share = 9 sen increase in NTA

2023-11-24 13:51

Albukhary

Question: The first batch of Nvdia share (18,000 units) was disposed on 29 Sep 2023, and there is a gain of RM29.mil.

Why the realized gain was not take into account for Q3'24 (30 Sep 2023)

2023-11-24 17:27

dompeilee

As I suspected, the gain from shr trading would NOT be reflected & so I SOLD 2,000 that I speculatively bought in the margin a/c @ 96c for $1 today, correctly forecasting that the likely tepid non-shr trading results would be released after today's close! TY to Hexza for the Coffee Bean & Tea Leaf $...on top of $1,294.57 dividends from '14 till '22! 🤗

2023-11-24 17:45

Albukhary

Is it because when they sold the NVDIA share, they immediately bought into SYMBOTIC.
So they treat it something like switch counter, so no gain of disposal was take into account.

2023-11-24 17:57

Albukhary

Well, interesting, learn something new today, as I am not familiar with US stock regulation or US accounting treatment.

But anyhow, if anyone here who is more professional on this type of issue, please welcome to share your opinion here.

2023-11-24 17:59

Albukhary

When I was young, I have come across the Robert Kiyosaki book "Rich Dad Poor Dad", and I remember this is one part whereby he mentioned that in US, there is capital gain tax if you made a gain from share market. To avoid paying this tax, what you need to do is to continue invest (Sell A buy B), so the government cannot tax you.

I can't remember the above statement is correct or not, but I think it may related to what HEXZA is doing currently.

2023-11-24 18:03

dompeilee

Checked all my records since I traded Hexza for the 1st time ever in '14. Admittedly sold too early back then & the max position was always <10k shrs but the total capital gains is $1,867.77 so the CG/Div ratio is roughly 60/40 which at least trumps de facto inflation since dividends alone fall short.

2023-11-27 07:30

elitesinalco

Question: What happened to the realized gain of selling Nvidia shares on Sept 29 on balance sheet? And also did they have to pay US Capital Gains Tax from the disposal? From my understanding, a foreign registered entity holding US stocks are not subject to cap gains tax in the US, but since Malaysia does not have cap gains tax they are not required to pay from the sale of Nvidia? Any advice .. thanks.

2023-11-29 11:05

stockraider

Latest 007 investigator report shows Hexza still holds 20,000 of nvidia shares mah!

2023-11-29 12:53

Albukhary

Really, then based on USD470 x 20,000 units x RM4.65 = RM43.7mil

2023-11-29 19:34

Poh Chye

what about the FX gains.....should be a fair bit

2023-12-02 07:54

stockraider

Stay on course loh!
Very good investment stock & pay good div too mah!

2023-12-03 10:22

stockraider

Hexza hold 4 biggest investment namely:

Apple
Symbiotic
Nvida
Meta

For local Msia Stocks
Maybank
Ytl Power
YTL

All are good resilence stocks mah!

2023-12-03 10:25

Albukhary

@stockraider, how you find our Hexza have YTL, YTL Power and Maybank?
Where can get this kind of information

2 months ago

lcng123

Hexza plans to sell another 20,000 unit of Nvidia, with current price of USD 500/unit, they will cash out another USD10mil. Not sure they still hold how many unit of NVidia after the disposal. Symbolic price at USD57/unit with average cost USD38/unit, margin USD5.7mil. Hexza management not smart in their core business but really excellent in US stock market investment.

2 months ago

lcng123

Nvidia share price USD564, 20,000 units will be USD11mil, eq. to RM53mil

1 month ago

stockraider

Hi Alburkhary,

I just ask the directors & they told me loh!

Posted by Albukhary > 1 month ago | Report Abuse

@stockraider, how you find our Hexza have YTL, YTL Power and Maybank?
Where can get this kind of information

1 month ago

SS Loh

Thank you stockraider for sharing the information.

1 month ago

dompeilee

I'm holding on for dear life to every single unit of Hexza that I re-purchased b4 last yr's dividend...a cheap way to play NVIDIA's ascent!

1 month ago

lcng123

Today Nvidia share price USD726, 20,000 unit eq. to USD14.52mil (RM69.4mil)

2 weeks ago

dompeilee

If they haven't sold any of their 20,000 Nvidia as of today, that chip stock is already worth 1/3 of their market cap, not including cash of over 50 mil + other equities worth over 60 mil.

1 week ago

lcng123

Today Nvidia share price up another USD110, with 20,000 units of Nvidia, Hexza earn extra RM10mil

1 week ago

lcng123

Previously sold Nvidia share and bought in Symbolic was a mistake

1 week ago

elitesinalco

SYM is trading around their average purchase price... not doing too well. Let's see tomorrow's QR what we can uncover.

1 week ago

Albukhary

i) The Company has acquired quoted investments amounting to RM22.80 million as announced on 21 February 2024.
ii) The aggregate fair value of the Group’s investment portfolio as at 26 February 2024 was RM60.08 million higher compared to the reported fair value as at 31 December 2023.

6 days ago

Albukhary

Meaning, if there is no much change is the poftfolio, next quarter (31 Mar 2024) you will see the NTA increase by another 30sen, from RM1.86 to RM2.16.

This company has no debts, and have RM60mil cash in bank.

6 days ago

lcng123

As well as the earnings in US investment never bring back to Malaysia, the cash in hand of Hexza will never increase and there was no special dividend given to the shareholders. Only Reserve and Equity in Balance Sheet increased.

6 days ago

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