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

Finally tiger coming..

Posted by balvin71 > 2017-02-15 07:47 | Report Abuse

Hope can go all the way to my TP.

Posted by Jia Le Kiat > 2017-02-15 11:15 | Report Abuse

http://mrkoppy1234.blogspot.my/2017/02/hexza-3298_15.html

Hexza watch it!

Posted by VeryNewUser > 2017-02-15 12:02 | Report Abuse

Watch it. I heard banker appointed. Hostile takeover at RM2 coming in 2 weeks. Do not believe in me. I never verify it further. Could be pure rumours.

Posted by hornbill > 2017-02-15 20:04 | Report Abuse

High chance there will special dividend declare profit from port klang land sale.

Posted by shareinvestment7 > 2017-02-15 21:39 | Report Abuse

land sale?? How come no official announcement at bursa?

Posted by hornbill > 2017-02-16 01:46 | Report Abuse

Last year..

Posted by abcb > 2017-02-16 10:39 | Report Abuse

RSI(14 days);Relative Strength Index hit to 82.75% considered overbought

Posted by Chan SauWei > 2017-02-16 19:05 | Report Abuse

Good qr result.. Tomorrow gap up 1.25

Posted by hornbill > 2017-02-16 19:36 | Report Abuse

Handsome result those sale today will regret.

Posted by Patrick13 > 2017-02-16 20:22 | Report Abuse

If deduct forex gain, finance lease income, disposal of land, actually the operating profit does not improve if compared to last year.

Posted by Yipman > 2017-02-16 20:42 | Report Abuse

gains mean gains. profit up^. :)

Posted by Yipman > 2017-02-16 20:47 | Report Abuse

in reverses, if give u improvement on revenue but big loss in forex like cscstel, would u continue to invest?

Posted by Yipman > 2017-02-16 20:49 | Report Abuse

if hexza revenue improve on next QR and maintain the forex gain then u will fly high.. so my suggestion is to continue.

Posted by OnyxCapital > 2017-02-16 22:03 | Report Abuse

Fantastic quarter result announced. We will the stock movement tomorrow.

Posted by balvin71 > 2017-02-16 22:09 | Report Abuse

Finance lease income will continue to generate good profits for remaining quarters. With US increasing interest rate, US$ will continue to go up, forex gain will continue. Only incertainty is in the ethanol division. Finance lease should be able to more than make up for the shortfall in the ethanol production.

Posted by hornbill > 2017-02-17 01:05 | Report Abuse

Can't imaging one day profit will more then revenue..

Posted by balvin71 > 2017-02-17 08:19 | Report Abuse

Last 2 quarter result already exceed whole of last financial year profit. Stock currently trading at a low P/E with a strong cash flow & good cash/cash equal. balance. I am confident at the end of the year, they will give a better dividend. My TP remains at RM1.20 by year end.

Posted by cynachen > 2017-02-17 08:30 | Report Abuse

"A new excise duty amendment order 2016 came into effect on 10 October 2016, whereby the excise duty on potable alcohol used in the manufacture of locally bottled alcohol is no longer paid by the distillers but levied on the finished products and to be paid by the bottlers. On top of the transfer of excise duty payment from the distillers to the bottlers, the excise duty rate has more than doubled with this new amendment order. " --> Increase profit for Hexza, or bottlers will reduce orders?

Posted by abcb > 2017-02-17 08:40 | Report Abuse

Review of Performance
Second quarter of FY2017 compare with Second quarter of FY2016
The Group recorded a lower of RM26.86 million as compared to RM36.65 million in the sme quarter last year.Profit before tax at RM10.74 million which was higher against RM3.83 million in the previous corresponding quarter
The performance of the operation business is as followers:
Manufacturing segment: Turnover for the quarter was lower at RM25.71 million in compared to RM35.60 million in the previous corresponding quarter.A new excise duty amendment order 2016 came into effect on 10 October 2016,whereby the excise duty on portable alcohol used in the manufacture of the locally bottles is no longer paid by distilers but levied on the finished products and to be paidby the bottlers.On top of the transfer of excise duty payment from the distilers to the bottlers.the excise duty rate has more than doubled with this new amendment order. In addition,the bottlers were seeking clarification and had to put their bottling operations on hold for approximately twa months before the revision in the standard operating producer of the Royal Malaysian Customs Department was issued.This has affected the sales of potable alcohol by the Group for twa-months period.Subsequently,the bottlers resume normal operations as at 31DEC 2016 but at a lower production level as they go through market adjustment period.This directly resulted in the droup for the ethanol division turnover by 55% and decrease in sales turnover by 23.2%

Posted by abcb > 2017-02-17 08:49 | Report Abuse

Resins division turnover dropped by 5.4% mainly due to a drop in average selling price and cessation of the manufacturing operation of a subsidiary company as announced previously.Profit before tax for manufacturing segment increased by RM0.63 million contributed from resins division mainly due to lower average raw material cost.
Investment segment: profit before tax was higher mainly due to the unrealized foreign exchange gain of RM4.75 million recognized in the current quarter as compared to a reversal of an unrealized foreign exchange gain of RM0.83 million in the previous corresponding period

Posted by abcb > 2017-02-17 08:59 | Report Abuse

Prospect:
With the recent steep hike in excise duty for locally bottled alcohol products,the alcohol industry is facing uncertainty in the future market demand for their finished products
Further,the Ringgit Malaysia remains violatile and weak against US dollars.

Posted by abcb > 2017-02-17 09:13 | Report Abuse

The Group is expected to deal with cost challenges as most of its raw materials are imported.

Posted by Dolly_Chai2 > 2017-02-17 09:42 | Report Abuse

haha... pls read the quarterly report in more detail... our friend Patrick13 has already pointed out...

look, revenue has dropped significantly compared to preceding year's quarter and last immediate quarter... and the increase in profit is a trap : forex gain, land disposal and finance lease...

core business has actually worsened under the new young CEO...

no hope in this share to be frank

Posted by balvin71 > 2017-02-17 10:27 | Report Abuse

Isn't the finance lease an on-going biz, with the sell & lease back of power gen? Why discount this? Couldn't this could be a new core profitable biz? Forex gain will continue in the next few quarters, so I will not discount this. Biz is about making money and they are doing a good job. No?

Posted by cynachen > 2017-02-17 11:14 | Report Abuse

Yeap, finance lease with monthly 130k USD rental for 10 years, however I believe management needs to look for further growth after the drop in alcohol operations profit due to excise duty and the stubbornly weak MYR...

Posted by feiloh > 2017-02-17 11:21 | Report Abuse

Where is the gap up

Posted by feiloh > 2017-02-17 11:23 | Report Abuse

No dividend....No bonus...No share split like ekovest...How to push the price overnight?

Posted by Dolly_Chai2 > 2017-02-17 11:28 | Report Abuse

balvin71, yes, finance lease is a recurring revenue.. but the portion of this power gen is not significant to their overall revenue. and we have to really look at the overall revenue, where their core business is...
and that has dropped significantly...

to me, the fundamentals are getting worse so i would skip or for those who are holding, i would advise to sell to lock in profit now...

Posted by Dolly_Chai2 > 2017-02-17 11:28 | Report Abuse

the hike in share price will not be sustained i think... sell before more ppl find out the fake increase of the EPS

Posted by Dolly_Chai2 > 2017-02-17 12:13 | Report Abuse

at first i saw someone recommended this share so i made a deeper dive into it and found out that there are too many risks and uncertainties with it... and with the recent announcement of results, it completely stops me from making any further move... just my 2 cents..

Posted by cynachen > 2017-02-17 12:20 | Report Abuse

@Dolly, yes, future growth is kinda uncertain for this company now

Posted by Dolly_Chai2 > 2017-02-17 13:14 | Report Abuse

i am also not quite confident with the new young CEO who has a lot of negative rumors..

Posted by Dolly_Chai2 > 2017-02-17 13:14 | Report Abuse

best is to skip guys... up to you though

Posted by Super_SKL > 2017-02-17 14:12 | Report Abuse

yes, u r right. Prlexus is better, go there. Hexza is not your cup of tea, why wasting so much time here?

Posted by abcb > 2017-02-17 15:02 | Report Abuse

Comparison of results for the second quarter of FY2017 against immediate preceding first quarter of FY2017
The Group record a decrease in revenue by 21.7% from RM34.30 million to RM26.86 million.Profit before tax was lower at RM10.74 million compared to RM15.47 million previously mainly due to gain on disposal of property,plant and equipment and non-current asset classified as held for sale of RM6.66 million recognized in the immediate preceeding quarter

Posted by bugle > 2017-02-17 16:39 | Report Abuse

Hi Hexza's Shareholders, you may ignore those noises made by non-shareholders.

In my previous article, I wrote "To make it short, simple calculation of the 3 items above already show a projected EPS of at least 12 cents for financial year 2017. How about the profit to be made from its ordinary businesses? That, let’s wait and see the company’s financial result in the coming quarters."

Now the second quarter financial result just came out yesterday, 6-months EPS already 12.1 cents. Above expectation, really impressive! Just expect another 4+4 cents EPS for the remaining quarters of 2017, and higher dividends then. If so, a company that is going to make 20 cents EPS a year with current share price of 1.05, what do you think?

My next article on HEXZA: From Asset Undervalued to Profit Growth Stock. Stay tuned.

Posted by zhangliang > 2017-02-17 16:41 | Report Abuse

It is not accurate, there is one off gains from disposal from earlier Q la. And this Q topline also fall. Raw materials cost largely imported. Weak MYR hard to do well.

Posted by bugle > 2017-02-17 16:44 | Report Abuse

HEXZA: A Sure Profitable Company in 2017 and the Years that Follow
https://klse.i3investor.com/blogs/Bugle/107246.jsp

Some said over-bought, some said not worth, some said blah blah blah...

Bugle says, I've bought not enough when it's cheap. Now it's still cheap!

Posted by zhangliang > 2017-02-17 17:24 | Report Abuse

I think best to not mislead people. Company share price rise with earnings, not one off disposals gains. Look at the management prospect for 2017 in the recent QR and all will be clear. Will not comment any further....

Posted by kwang2209 > 2017-02-17 19:22 | Report Abuse

0.39sen net cash per share..consider it's still worth to buy

Posted by mamatede > 2017-02-17 20:42 | Report Abuse

hexza, financially ok, dividend also attractive...

Posted by balvin71 > 2017-02-18 07:58 | Report Abuse

I am still positive on HEXZA. My target price is RM1.20 before year end. Yes, ethanol biz down, this is due to new excise tariff. This is just a bump in the road. Once things stabilize, manufacturers adjust their business, revenue/biz will start to go back up. No one going to shut down the factory because of the tariff hike. Maybe not immediately back to earlier levels, but higher than current reported quarter and improve over time.

Finance lease business very profitable. This is the reason I am back into HEXZA, see my comments on Jan 15th. Yes, low revenue % to total business but high % profit to total business. I prefer profits compared to revenue. No point high revenue but no profit.

Will continue to see FOREX gain as US expected to increase interest rate. As for increase in raw material prices, it effects everyone in the industry. They will be able to pass some of the cost increase to their customers as the whole industry cannot sell at a loss or low margins.

Other positives, high net cash/cash equal. Good dividends. Low P/E. Positive Cash Flow. All the ratios look very good.

Before buying or selling, please do your own research. I own HEXZA and would like to see it go higher. :)

Posted by hornbill > 2017-02-18 09:53 | Report Abuse

I brought hexza when 80 sen kept till now. This stock is for long term play I can sleep well at night.

Posted by VenFx > 2017-02-18 11:20 | Report Abuse

Wow, many sifus with in depth saharing in Hexza .
I like this counter liaw.

Posted by VenFx > 2017-02-18 11:27 | Report Abuse

Hexza name always a trusted brand in quality.
Hexza never tolerance on quality even during hard time.
Salute ... many industrial users feel satisfy with Hexza product even at higher selling price . Another word, Hexza a pioneering the industrial chemical manufacturing.

Posted by VenFx > 2017-02-18 11:32 | Report Abuse

This nature of industry can make furthur expanding, especially the raw cost has stabilise from the Crude oil.

Posted by kanter > 2017-02-20 09:39 | Report Abuse

Tp at rm1.65

Posted by kanter > 2017-02-20 09:41 | Report Abuse

Another bp plastic....awakening from sleepy hollow

Posted by hornbill > 2017-02-20 11:11 | Report Abuse

老字号。Still wait more more people to discover it.