Posted by OngLiao99 > 2017-11-13 13:49 | Report Abuse

One off provision on the power business which is good. It is well protected by the right guarantees and contracts. In the worst part, the equipment could be sold to other players. Power generation and distribution is required by industrial players in Myanmar, Cambodia and parts of Vietnam. I am sure they would be able to recoup the investment and learn from this miscalculated investment. Recovery of investment will then add to future one off gain. Its just a timing game now.

Up side is that Hexza is now looking at small scale development to spruce up the bottom line.

Posted by MoneyShow3 > 2017-11-20 19:20 | Report Abuse

I am waiting for the stinky qtrly hit and hopefully big knee jerk so can buy cheap. if get at 82 - 84¢ before going ex it'll be a good 6% yield..

Posted by MoneyShow3 > 2017-11-23 23:08 | Report Abuse

how come ppl still supporting and buying up. Que for days cannot get any.

Posted by necro > 2017-11-24 19:39 | Report Abuse

finish liaoooo!!

Posted by moguiyu > 2017-11-24 19:47 | Report Abuse

EPS -12.6 expectation

Posted by MoneyShow3 > 2017-11-24 19:57 | Report Abuse

Dont take it private as yet, cannot play such dirty game and write off an investment which can be easily redeployed and reinstated. Cash rm78m, investment in stock rm88m, unless they offer rm1.20 or better. Let us buy in cheap first...

Posted by Tay Sze Yang > 2017-11-24 19:57 | Report Abuse

Lanjiao managsment

Posted by michaelwong > 2017-11-24 21:26 | Report Abuse

QR financials results out...... going to Holland liao !!!

Posted by MoneyShow3 > 2017-11-24 22:08 | Report Abuse

I think mgmt playing a game, trying to buy out cheap. They never revalued property, plant and equipment. plant and machinery almost fully depreciated with original value of rm107m. No wonder bad news now, can clean up, shoot up soon

Posted by RainT > 2017-11-24 22:39 | Report Abuse

Still say shoot up soon ???

Already continue loss making for 2 quarters

Posted by balvin71 > 2017-11-25 09:08 | Report Abuse

Loss is due to 100% impairment of the loan and receivables from Tembusu amounting to RM28.54. million. Other segments were profitable. If any amount of this is recoverable, than there will be a write back in the future. This was announced on 7th of November and the stock gap down the following day opening at 0.93 from previous day close of 0.985. If gap down on Monday, it will be a good opportunity to collect.

Posted by balvin71 > 2017-11-25 09:13 | Report Abuse

abcd, I am unable to attend the AGM. Can you please ask what % of the Tembusu loan does the Board thinks will be recovered after legal or any other fees. Why did they provide a 100% impairment? No confident to collect any amount?

Additionally, on page 85 of the annual report they have 3 subsidiaries listed as pre-operating, what business are they getting into and the prospects for this business.

Posted by moguiyu > 2017-11-25 09:59 | Report Abuse

27/11 is dividend ex-date, they had well planning. can' t buy on next Monday for cheap price. shit!!

Posted by dompeilee > 2017-11-25 18:30 | Report Abuse

Snippets from AGM : https://www.youtube.com/watch?v=pYR103O14D8

Posted by khuen > 2017-11-25 18:47 | Report Abuse

AGM summary:
1) Hexza said they are confident to claim back the Tembusu loan which the lawyer cost is around RM250k - RM500k,
2) Hexza will try their best to retrieve the 8MW equipment and plan to sell to other party after legal case,
3) 100% impairment was made due to after several trips by Hexza to Mynmar, found out Tembusu operation encountered cash flow difficulty and unable to pay the loan,
4) The Tembusu factory is still operational as usual,
5) For diversification through M&A, CEO is still in the midst of valuating proposals and he welcomes any business proposal from public and do email to him (gary@hexza.com.my),
6) For property division, Hexza is still searching for undervalue lands in Penang, Ipoh & KL,
7) New regulation of minimum size of 700ml for alcohol content of 32.5% above will be imposed next week (end of Nov),
8) Hexza anticipates the results of FY2018 is comparable to FY2017 (after hike in excise duty),
9) Majority in the quoted shares are Apple, Facebook, Alibaba, Public Bank, Maybank.

Posted by balvin71 > 2017-11-25 22:06 | Report Abuse

Thank you for the AGM updates.

Posted by michaelgoh > 2017-11-25 22:11 | Report Abuse

Next week buy or sell?

Posted by balvin71 > 2017-11-25 23:13 | Report Abuse

I think the best thing to do is do nothing. Share price will likely be at the current level +/- a bit. Probably more to the negative side. My reasons is as follows:
1) Monday is Ex-Date for Dividend. So cannot chase dividend.
2) As mentioned by Khuen, results for 2018 will comparable to 2017. No catalyst for share to go up.
3) Any write-back of Tembusu loan will take time, more than 1 year.
4) Diversification will take time to bear results, again more than 1 year.
5) More negative as the uncertainty of the impact to the alcohol segment.

Just my opinion, decision is yours :)

Posted by khuen > 2017-11-26 00:00 | Report Abuse

Currently this stock isn't a growth stock but it is indeed a undervalued stock.
It has cash of RM164.41mil included investment in stocks (RM88.62mil) which translates into RM0.82.

At current price of RM0.94, shareholder is paying RM0.12 for a business that able to generate average core EBIT (excluded one off gain/loss & forex) of RM15mil annually from year of 2013 - 2017 which means it has P/E of 1.6 only!

Posted by MoneyShow3 > 2017-11-26 12:46 | Report Abuse

Thanks khuen for the insightful snippets from the AGM. Its good to knw that mgmt is working hard to get out of the swamp. Buying in with any gap down seems to be on the radar of many investors. Even if they do nothing to improve the business, the fact that their wise directors put half the company invested in growth stocks will yield its own results like an equity fund. So for me as long as dividend yield continues to be good, am waiting to catch more at lower price.

Posted by khuen > 2017-11-26 13:28 | Report Abuse

Mine either, will catch a falling knife if available and wait for the catalysts to take place in future:
1) M&A with new business as diversification and growth plan,
2) Strengthening of RM will make raw materials prices lower,
3) Rejuvenate its property development,
4) Fully claim back Tembusu outstanding loan & interest,
5) Price of stocks like Apple, Facebook, Alibaba, Maybank & Public Bank invested continue to rise.

Posted by michaelgoh > 2017-11-26 14:06 | Report Abuse

Thank you everyone

Posted by king36 > 2017-11-26 14:09 | Report Abuse

Wau, wish Alam could do the same thing.

BRAVO!

Posted by ykloh > 2017-11-26 15:16 | Report Abuse

if the controlling shareholders are confident then they privatise the co.

Posted by prudentinvestor > 2017-11-27 09:06 | Report Abuse

Wow! Now selling at 81 sen a share, translating into a market cap of just 162 million, lower than its net cash and available for sale investments worth a total of over 164 million. How silly some small investors are.

Posted by JacNgu > 2017-11-27 09:22 | Report Abuse

guys, seek greener pasture elsewhere. 1st Q loss. could u imagine for the whole year. is downtrend from here,. this poop nvr move north. check the chart

Posted by MoneyShow3 > 2017-11-27 09:25 | Report Abuse

manage to get some at 81.5. pls sell to me more

Posted by JacNgu > 2017-11-27 09:59 | Report Abuse

moneyshow3, don run. it's coming to u

Posted by balvin71 > 2017-11-27 10:37 | Report Abuse

MichaelGoh, at this price you might want to collect some.

Posted by charlie chia > 2017-11-27 13:24 | Report Abuse

Good price now to go in

Posted by 镠公公 > 2017-11-27 14:53 | Report Abuse

told you all liao. historical low revenues.

Posted by WAKAKAKAKA > 2017-11-27 15:05 | Report Abuse

BETTER RUN!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Posted by MoneyShow3 > 2017-11-27 16:14 | Report Abuse

such low volume, I see buyers nibbling. confident that it will move back to 90¢+ soon, although it might stay there for some time

Posted by khuen > 2017-11-27 17:13 | Report Abuse

Fail to buy coz queue at 0.795 T_T

Posted by balvin71 > 2017-11-28 08:22 | Report Abuse

The dividend yields at the current stock price looks good. Better than FD.

Posted by charlie chia > 2017-11-28 08:58 | Report Abuse

Now oversold
Hope to rebound back today

Posted by YuckyChicken > 2017-11-28 19:06 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5619517

The Company wishes to inform Bursa Malaysia Securities Berhad ("Bursa Securities") that pursuant to Paragraph 14.09 of the Main Market Listing Requirements of Bursa Securities, the Chief Executive Officer, Mr. Gary Goh Soo Liang had given notice informing the Company in relation to his dealing in the securities of HEXZA. The details are as follows:
Type of Securities

Type of Transaction

Date of Change

No. of Securities

Consideration (RM per share)

% of Change Against Issued Shares of HEXZA
Ordinary Shares

(Direct Interest)

Acquired
Acquired

27.11.2017
28.11.2017

53,500
138,700

0.805
0.809

0.03
0.07

This announcement is dated 28 November 2017.

Posted by MoneyShow3 > 2017-11-28 19:51 | Report Abuse

gary boy wonder starting to buy in. Show of confidence.

Posted by YuckyChicken > 2017-11-29 11:12 | Report Abuse

When he sells, the price will go back to 80 sen again. Should we wait to buy at 75 sen?

Posted by YuckyChicken > 2017-11-29 11:13 | Report Abuse

Is the CEO related to the chairman? different surname. AGM folks, any info?

Posted by YuckyChicken > 2017-11-29 16:21 | Report Abuse

buyer already at 83.5 sen. No seller. I think gary boy knows something we dont. anyone with inside info?

Posted by MoneyShow3 > 2017-11-29 23:24 | Report Abuse

Dont think related but from his profile from RHB IB. A corporate boy, from AGM Q&A he knws what he is doing and seems to have this Tembusu issue under control

Posted by MoneyShow3 > 2017-11-30 09:46 | Report Abuse

should end the week at 85¢...

Posted by lcng123 > 2017-11-30 09:50 | Report Abuse

gary knows the way to get back the money from tembusu. just wait and see.

Posted by YuckyChicken > 2017-11-30 10:40 | Report Abuse

gary boy got tell u he knows? why u nvr tell me earlier? but gary boy only bought 192,200 shares. why never buy 1.92m shares? anyone knows he has rich daddy or not?

Posted by YuckyChicken > 2017-11-30 10:42 | Report Abuse

i try buy at 82.5 sen today see can get or not. follow gary boy a bit. sell some to me.

Posted by dompeilee > 2017-11-30 16:01 | Report Abuse

This 'CEO' pakat pakat with dying old Chairman to support the share price & make a show of it...Let's see how long it can hold up LOL

Posted by YuckyChicken > 2017-11-30 16:17 | Report Abuse

dompeilee, u got some inside news on the buy? How this pakat pakat works if he buys so little? I heard today is a good day to buy. so many buyers parked order at 8.05-8.15. If drop also have to wait next week?

Posted by YuckyChicken > 2017-11-30 16:19 | Report Abuse

abcb, i heard two banks were asked to look at privatization few times at 1.30 when share price was above RM1. if privatize now wont need 1.30 perhaps?

Posted by YuckyChicken > 2017-11-30 17:19 | Report Abuse

The Company wishes to inform Bursa Malaysia Securities Berhad ("Bursa Securities") that pursuant to Paragraph 14.09 of the Main Market Listing Requirements of Bursa Securities, the Director, Mr. Leong Keng Yuen had given notice informing the Company in relation to his dealing in the securities of HEXZA. The details are as follows:
Type of Securities

Type of Transaction

Date of Change

No. of Securities

Consideration (RM per share)

% of Change Against Issued Shares of HEXZA
Ordinary Shares

(Direct Interest)

Acquired



29.11.2017

35,000

0.835

0.02

This announcement is dated 30 November 2017.