Blog: HEXZA - Chemical Solution

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4 comment(s). Last comment by NOBY 2015-11-21 16:29

JKing

239 posts

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.

Gainvestor10sai

161 posts

Posted by Gainvestor10sai > 2015-11-20 14:08 | Report Abuse

thanks, JKing. Will update that in the next post.

Ben Gan

107 posts

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.

NOBY

936 posts

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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