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4 comment(s). Last comment by NOBY 2015-11-21 16:29
Posted by Gainvestor10sai > 2015-11-20 14:08 | Report Abuse
thanks, JKing. Will update that in the next post.
Posted by Ben Gan > 2015-11-21 10:48 | Report Abuse
The move to hive off NRSB is good for the company. Leasing the US$6m equipment to Tembusu is a good move as well.
Posted by NOBY > 2015-11-21 16:29 | Report Abuse
Despite its raw material being denominated in USD, crude oil and corn both raw materials used to produce formaldehyde and ethanol,are also at all time low. HEXZA's investments which are denominated in USD are also a form of hedging against its raw material cost.
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Koon Yew Yin's Blog
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THE INVESTMENT APPROACH OF CALVIN TAN
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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....
JKing
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Posted by JKing > 2015-11-20 11:19 | Report Abuse
you have forgotten to count in the quate share as cash equivalent
therefore it is 50cent cash per share.