Posted by Dolly_Chai > 2017-01-12 15:04 | Report Abuse

32 year old new CEO, interesting... guys, i could not read the link:
https://cforum.cari.com.my/forum.php?mod=viewthread&tid=3010513

can anyone copy and paste here?

thanks.

Posted by smartInvestor1 > 2017-01-12 18:55 | Report Abuse

好稳当的股直线上升

Posted by Dolly_Chai > 2017-01-13 10:32 | Report Abuse

smartInvestor, are u sure? :)

Posted by Super_SKL > 2017-01-13 14:31 | Report Abuse

Well done, Bugle. HEXZA: Let’s make it straightforward (as it’s about time to move up)!
http://klse.i3investor.com/blogs/Bugle/113771.jsp

While you're still thinking, well-informed investors already move. You think about it. I move first. Bugle, let's move it.

Posted by Super_SKL > 2017-01-13 16:18 | Report Abuse

Any Tiger can please help to clear the block there? Once cleared, it would be easier for us to move on. Tqvm!

Posted by Dolly_Chai > 2017-01-13 16:20 | Report Abuse

Super_SKL, can enlighten me with my doubts above?

Posted by Super_SKL > 2017-01-13 16:41 | Report Abuse

Great! The block is cleared. Let's move on.

Posted by hornbill > 2017-01-13 16:43 | Report Abuse

need to break 1 then fly high TP 110

Posted by michaelwong > 2017-01-13 17:05 | Report Abuse

Vow ! Luckily I hesitate to wait and bought on a higher note that was sellers column at 0.96 .

Posted by ljmeng > 2017-01-13 17:12 | Report Abuse

patience....patience.....patience.....

Posted by michaelwong > 2017-01-13 17:40 | Report Abuse

Good closing plus sudden volume increase . At least some shots on Monday !

Posted by SenSeng Loh > 2017-01-14 15:54 | Report Abuse

Hexza purchased the 8 MW power gen.set for USD 6m equivalent to RM 19.67m when RM 3.27 to 1 USD in early 2015. It was estimated by Hexza management that the cost could be recovered in 4.5 years during the transaction in early 2015. With the current exchange rate,Hexza could have recoverd by 3.5years. There may be a warrenty period as regards to repair to the machines by the manufacterer. Hopefully Hexza could recover by more than half the cost when by financial ended in June this year. That is a very profitable deal if everything going on smoothly in remaining 8 years.
Hexza is a very healthy and properly run company, with no debt and loaded with cash and dividen payment is very consistent. There are very few lowcap counters like Hexza. Support this counter.

Posted by OnyxCapital > 2017-01-15 17:55 | Report Abuse

Volume surged last Friday and it is very bullish!! Heading to break RM1 and move upwards

Posted by balvin71 > 2017-01-15 18:04 | Report Abuse

Yes, the sale leaseback of the power gen to Tembusu is one of the reason I am back into HEXZA. The payment was suppose to start in July 2015 but was reschedule and started in July 2016 as stated in page 10 of their 2016 annual report.

The monthly rental of USD130,205.00 at an exchange rate of 4.45 will give an annual revenue of RM6.95 million. The initial investment was USD6 million at an exchange rate of 3.27 (as stated by SenSeng Loh) over 10 years will give an annual depreciation of RM1.96 million. Lets say the operating cost of this new business is RM0.5 million (I am overstating here as worst case scenario and to factor in any potential strengthening of the RM) this will give a net income of RN4.49 million or an additional EPS RM0.022.

With this, assume current biz gives same EPS & DPS as last year, I am hoping of a minimum increase of dividend of RM0.01 to RM0.055 per share in 2017.

Given the share price is trading at around a multiple of 20 times dividend, my target price is similar to what hornbill stated earlier of RM1.10. If the dividend is increased to RM0.06 than target price will be increased to RM1.20.

Posted by hornbill > 2017-01-16 21:04 | Report Abuse

Stay tune Q2 may given out special dividend from the land sale profit.

Posted by zumzum > 2017-01-18 16:50 | Report Abuse

looks promising

Posted by Dolly_Chai > 2017-01-19 13:07 | Report Abuse

guys, i hope someone can help enlighten me with some insights on my doubts:

1) Hexza will suffer from weak MYR, as most of its raw material costs are denominated in USD, while most of its revenue is denominated in MYR. A net importer will suffer from weak MYR.
2) Many are very optimistic of the buy and lease back of the 8MW power generation system with Tembusu.. however, please take out your calculator to count : how many % is this revenue compared to their overall revenue? I assume USD/MYR at 4.20 (for full year), it is USD130205x12x4.2=RM6.5623million annual Revenue.. 2016 annual revenue is RM142million... that is only 4.6% of the total revenue... anything to be so excited about?
3) related to item 2, i dun understand why some ppl just use this power generation system "revenue" divided by total share to count how many additional EPS.. remember, this is REVENUE, not net profit... no need operating cost? no depreciation, etc?
4) the company has been very conservative in the past 10-15 years with almost no growth.. yes, in the latest annual report, the chairman said they will be more aggressive with growth but we do not know yet how they are going to achieve that
5) last one - resin business is very competitive... many MDF, particleboard, plywood manufacturers are already making their own resin to save cost, and some of them even sell excessive resin to open market... according to report by The Edge, resin business comprises about 61% of their overall sales.. which is a lot.. and they recently sold of a loss-making resin subsidiary.. that can imply something - resin business is really not good... ok, ethanol business is good.. but it has been dragged down by resin (with higher revenue portion)...

Posted by Dolly_Chai > 2017-01-19 13:08 | Report Abuse

if these concerns are cleared, i may consider buying Hexza... so someone pls help....

Posted by Super_SKL > 2017-01-19 14:34 | Report Abuse

ya, that's right. don't buy if don't understand. what's the risk? put into FD is safer, unless "the expected return" is believed better. can someone please share if you've identified a better stock than Hexza. I might consider to buy some also. hahaha...

Posted by Dolly_Chai > 2017-01-19 15:17 | Report Abuse

SKL, yes, i can easily tell one: Prlexus...

go check its fundamentals :EBIT/EV, CY, ROIC, ROE, P/BV, PE, etc...

Posted by Super_SKL > 2017-01-19 16:37 | Report Abuse

ok, tq for sharing. just checked and did a simple study on it. overall ok, not bad. just the current price is not as attractive as HEXZA, in terms of DY, NTA, and PE. The point is, like Bugle said, when it's going to move up. If the price remained the same for long time, how many retailers can tahan, if the annual dividend (or expected one) is not better than FD. Of course, if you're a "big investor), then the story is different. just my opinion. good luck!

Posted by Dolly_Chai > 2017-01-24 10:46 | Report Abuse

Super_SKL, i agree than in terms of DY, Hexza is better... but be careful with its TTM PE.. it has included the one-time-off asset sales that boosted up the EPS...

so, to more accurately reflect the correct PE, lets assume this year recurring net profit is similar to last year's which is EPS = 8sen... the PE is already around 12... whereas Prolexus has a lower TTM PE at 9.36...

yes, in terms of P/BV, Hexza is better...

Posted by Dolly_Chai > 2017-01-24 10:48 | Report Abuse

but for the magic formula of EY and ROIC, Prlexus wins by a huge mile:

Prlexus:
ROIC = 30.07%
EY = 21.47%

Hexza:
ROIC: 17.9%
EY = 19.6%

Posted by stockraider > 2017-01-24 10:53 | Report Abuse

Dolly,

The problem for Prolexus...div very low loh....!!

Posted by Super_SKL > 2017-01-24 12:36 | Report Abuse

noted, thanks for your comments. I still prefer Hexza. 0.955 is still a cheap price for me. Later when market open, if no one want, I'll take all. Tq!

Posted by bugle > 2017-01-24 13:42 | Report Abuse

Ok, good. leave some for me. Few more days to go before CNY, result may come out anytime soon. Maybe then got good news, good points and some free time to work out another article on Hexza. Happy CNY! Huat ah!

Posted by Dolly_Chai > 2017-01-25 10:28 | Report Abuse

agree with stockraider... that is the not-so attractive part of prolexus...

Posted by Super_SKL > 2017-01-26 10:00 | Report Abuse

some good news on Nylex and Samchem, moving up now. Hexza, when is your turn? Hi Bugle, time to attack? You move, I move, I'll follow you. New year Bull mau mari loh. Wish all Huat ah!!!

Posted by hornbill > 2017-01-26 10:01 | Report Abuse

Q2 result out today?

Posted by Super_SKL > 2017-01-26 10:08 | Report Abuse

Bugle said "result may come out anytime soon". Looking at the result of Nylex, feel that it should be ok for Hexza. That's why I'm thinking to buy some more before the release of the result. If it's really good, then it would be the time for Hexza to move up fast this time. As big tigers were already there.

Posted by Super_SKL > 2017-01-26 10:19 | Report Abuse

Hi Bugle, you move? Attack!!!???

Posted by Dolly_Chai > 2017-01-26 12:50 | Report Abuse

haha.... SKL, so confident meh?

You know the new young CEO or not?
I am abit scared scared lo... haha

Posted by Super_SKL > 2017-01-26 14:28 | Report Abuse

hahaha, just me confident alone, no use. those tigers, tak boleh pakai. kata hari-harimau, tak naik pun. mana ada syiok oh. kasih kuat lah sikit, baru syiok mah!
Bugle, you mana pergi? Diam-diam work there? Bagi lah hint sikit.

Posted by Dolly_Chai > 2017-01-26 15:06 | Report Abuse

haha... btw, why r u so confident about Hexza? can share with us?

Posted by hornbill > 2017-01-26 15:12 | Report Abuse

Price must push up 1.00 only can FLY

Posted by balvin71 > 2017-01-27 20:25 | Report Abuse

Happy New Year and Happy Holidays to everyone.....May the New Year bring Health, Wealth and Joy to all!!!

Posted by michaelwong > 2017-01-31 21:32 | Report Abuse

Still powerless and need more time to attract more investors . Waiting for result to spike up the price

Posted by hornbill > 2017-01-31 22:02 | Report Abuse

All eye wait for Q2 result out.

Posted by michaelwong > 2017-02-07 12:50 | Report Abuse

Volume starting building up and a way to go up

Posted by Super_SKL > 2017-02-07 15:27 | Report Abuse

I'm here to tell you guys, If you've sold yours, later you'll regret. Don't believe, time will tell us then. To me, any price below NTA, it's still a value buy. Just buy and hold till the end of this year. I'm a small tiger here. Just don't know where/who are the big tigers.

Posted by Super_SKL > 2017-02-07 15:29 | Report Abuse

If you take a look at other chem-chem companies like Samchem, Nylex, Imaspro, you might got the feeling that the next flying star would be HEXZA. Yes, I can sense that. How about you?

Posted by 5932197 > 2017-02-08 18:48 | Report Abuse

ya , I can sense that too , frankly !

Posted by 5932197 > 2017-02-08 18:49 | Report Abuse

I bought at 0.67 all the way up untill now

Posted by bugle > 2017-02-10 13:43 | Report Abuse

ya, all waiting for the February financial report. hopefully got special dividend or with increased dividends twice a year. then engine will start, flying high is just a matter of time. all tigers, small and big, will soon be there. Good luck!

Posted by Super_SKL > 2017-02-10 14:25 | Report Abuse

Hi Bugle, mana u pergi? where is your article? senyap saja. any good news?

Posted by ljmeng > 2017-02-14 11:58 | Report Abuse

finally.....break rm1.....

Posted by ljmeng > 2017-02-14 12:00 | Report Abuse

left wait, right wait....finally wake up.....

Posted by Super_SKL > 2017-02-14 12:27 | Report Abuse

"then engine will start, flying high is just a matter of time. all tigers, small and big, will soon be there." from Bugle. I think the engine has just started. definitely much much more to come, if what Bugle said is correct.

Posted by damon > 2017-02-14 14:43 | Report Abuse

after 12 months of waiting...

Posted by thesteward > 2017-02-14 17:08 | Report Abuse

:-)