those who asked I told them if price up still want to chase there is no guarantee short term will see profit but if can buy and hold longer term till Tnb Rm90 Billions capex for power transmission by 2025 to 2030 Hexcap should get projects
as of now both Jt group and MN holdings already got small jobs for power business
FOR IMMEDIATE RELEASE HEXTAR CAPITAL BERHAD (FORMERLY KNOWN AS OPCOM HOLDINGS BERHAD) REPORTS RESILIENT THIRD QUARTER PERFORMANCE FOR FYE 2024 AMID STRATEGIC CORPORATE MOVES Shah Alam, 28 August 2024: HEXTAR CAPITAL BERHAD (formerly known as Opcom Holdings Berhad) (“HCB” or the “Company”) has reported a consolidated revenue of RM25.6 million, a profit before tax ("PBT") of RM1.1 million, and a profit after tax ("PAT") of RM0.9 million for the third quarter of the financial year ending 2024 (3Q2024). This brings the Company’s year-to-date consolidated PBT to RM3.0 million and PAT to RM1.9 million. During the quarter under review, the Company completed the disposal of its 40% equity interest in Unigel (UK) Limited and Unigel IP Limited respectively. This divestment yielded a gain on disposal of RM2.4 million. Following the divestment, HCB’s core businesses will comprise telecommunication network infrastructure solutions, power generation and transmission as well as construction. Following the acquisition of a 49% equity interest in Transgrid Ventures Sdn. Bhd. and an additional 6.75% stake in Binasat Communications Berhad in the previous quarter, the Group has seen positive contributions to its earnings from these associates. In 3Q2024, the share of results from these associates amounted to RM0.9 million, representing 82% of the Group’s PBT. Year-to-date, these contributions total RM2.6 million, accounting for 87% of the Group’s PBT. These strategic acquisitions have broadened the Group’s revenue base, extending beyond its traditional manufacturing and telecommunications network segments. In a move that aligns with HCB’s ongoing diversification strategy, T & J Engineering Sdn. Bhd., a whollyowned subsidiary of HCB, secured a Letter of Award on 10 July 2024, valued at RM97 million, for the construction of student hostels at Universiti Malaysia Kelantan in Bachok. This project marks the Group’s strategic expansion into the construction and project management services sector. Commenting on the Group’s 3Q2024 results, Johnson Chang, Managing Director of HCB, stated: “Looking ahead, the Group will continue to leverage on our diversified portfolio and strategic initiatives to drive sustainable growth and profitability.” He further emphasized, “We will remain focused on enhancing our operational efficiencies, exploring new growth opportunities, and adapting to market changes. We are confident that our strategic initiatives will continue to deliver value to our shareholders.” About HCB HCB was incorporated in Malaysia in November 1994 as a private limited company, primarily engaging in the manufacturing of fibre optic cables & cable-related products, engineering services, telecommunication network infrastructure solutions, power generation and transmission as well as construction. On 23 December 2003, HCB was listed on the MESDAQ Market of the Bursa Malaysia Securities Berhad. For more information, please visit our respective websites at www.hextarcapital.com
Following the acquisition of a 49% equity interest in Transgrid Ventures Sdn. Bhd. and an additional 6.75% stake in Binasat Communications Berhad in the previous quarter, the Group has seen positive contributions to its earnings from these associates. In 3Q2024, the share of results from these associates amounted to RM0.9 million, representing 82% of the Group’s PBT. Year-to-date, these contributions total RM2.6 million, accounting for 87% of the Group’s PBT. These strategic acquisitions have broadened the Group’s revenue base, extending beyond its traditional manufacturing and telecommunications network segments.
Most of the Mr.Calvin's recommendation succeed well...Appreciated for his research and knowledge sharing .But HEXCAP reverse..Market up 25 points but HEXCAP going down..
we can set a target to buy.... then set a target to sell.... today is collection mode for me.... not sure about u guys..... after that will set 55-60 as TP n wait until Dec..... window dressing ma..... cantik or not my target?....
To be fair to Calvin Tan, some his recommendation plantation counters correct except THPLANT and TSH..Some Technology counter recommendation is also correct except HEXCAP because he OVER recommended this counter .But n reality HEXCAP looks like another syndicate counter in Bursa..Market UP to next level but HEXCAP drop to new low..Looks like NO future in this counter..Calvin Tan should NOT over recommending this type of counter..
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....
Jerung
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Posted by Jerung > 1 month ago | Report Abuse
apa lah jadi sampai sekarang belum naik lagi :(