Posted by Skng Keong > 2020-05-05 09:32 | Report Abuse

Better take profit.

Posted by dompeilee > 2020-05-05 09:32 | Report Abuse

SOLD more @ 1.31...just in case...

Posted by MoneyShow3 > 2020-05-05 10:49 | Report Abuse

Luxchem is trading in a wide range of chemicals and are a distributor for polymer, plasticizers, chemical dispersion and cleaning agents for various industries.

Subject to trading margin, exposed to inventory holding and fx rates. Glove sector demand supports additive and other chemicals used in process.

Hextar is another company in the chemical biz but are focused on the agriculture sector, in particular oil palm. They signed a framework agreement to supply Sime Darby with various fertilisers and other chemicals used in the processing.

Hexza has been in manufacturing of resins, alcohol, ethanol, vinegar and even wine coolers for more than 30years. They manufacture and distribute their own brand.
Driver for hexza is demand from healthcare/pharmaceutical industries, wood based industries, f&b (drinks, sos/paste..) and of cause investment income and gains from their small US tech shares holdings.

Chemical industries tag on their main focus sectors for their products and key trends.

With Covid 19, the new norm, you may conclude that hexza is now linked to the consumer based healthcare play, which cast a wider net towards population use. Demand will remain strong for now and years to come.
Even with a vaccine in place, precautions must be taken, not only for Covid-19 but mutant strains of Sars and H1N1 viruses.

Posted by dompeilee > 2020-05-05 10:49 | Report Abuse

I stopped selling for now...look & see...

Posted by pang72 > 2020-05-05 10:55 | Report Abuse

2.50 then I sell

Posted by pang72 > 2020-05-05 10:56 | Report Abuse

This is another business that you need to go to Beg the boss to supply you the sanitizers.

Posted by pang72 > 2020-05-05 10:57 | Report Abuse

If you want to buy then wait...
If not, many queue to buy...

I mean their product.. Sanitizer

Posted by Value888 > 2020-05-05 14:42 | Report Abuse

PETALING JAYA: CGS-CIMB expects Hexza Corp Bhd to benefit from a surge in demand for ethanol due to Covid-19, which is a component in sanitiser products.

According to CGS-CIMB, Hexza has seen increased orders from its industrial customers since the outbreak of Covid-19 in February 2020. This is especially so for those involved in making sanitisers and disinfectants, as the demand for these products has increased tremendously.

Alcohol-based hand sanitisers contain varying amounts and types of alcohol, often between 60% and 95%. These are usually ethanol (ethyl alcohol), isopropyl alcohol or n-propanol.

Posted by Simonalibaba > 2020-05-05 14:51 | Report Abuse

one of the key differences between those who make it and those that didn't is that they ride it through! many that didn't is not that they are not smart but indeed too smart. dare to bet but dare not win.

Posted by dompeilee > 2020-05-05 14:56 | Report Abuse

The price action is not promising

Posted by Younglearner > 2020-05-05 15:04 | Report Abuse

the price seem likes going down slowly

Posted by Value888 > 2020-05-05 15:07 | Report Abuse

Target RM1.50.

Posted by MoneyShow3 > 2020-05-05 15:17 | Report Abuse

If bank Negara drops the OPR by 50bps, the hexza will attract more interest with its strong dividend yield. There could be shifting of investments to dividend certainty stocks like hexza.

I'll wait it our for some special dividends around x'mas. :D
It's has been a joy receiving the dividends for the past 4 years

Posted by Bullish > 2020-05-05 15:20 | Report Abuse

Start goreng COMCORP 7195

Posted by dompeilee > 2020-05-05 16:11 | Report Abuse

I've received the dividends since 2014 when it was only 4 c...traded in & out at least twice since then...=)

Posted by terrchung > 2020-05-05 16:32 | Report Abuse

Back to 1.21 to close the gap for today,.. :((

Posted by dompeilee > 2020-05-05 16:50 | Report Abuse

Smells like syndicate operation...pakat with investment bank to make $ off of gullible newbies...

Posted by dompeilee > 2020-05-05 16:52 | Report Abuse

Sold off another 3 lots since 3pm @ 1.24 & 1.20

Posted by dompeilee > 2020-05-05 16:55 | Report Abuse

Tomolo T + 2 for 17+ million shares... I wonder how many buyers from yesterday planning 2 pick up their shares in this depression year lol

Posted by Skng Keong > 2020-05-05 18:01 | Report Abuse

Below RM1 than buy back.

Posted by zhangliang > 2020-05-05 18:39 | Report Abuse

Nvm, if Hexza fall below RM1, den collect. No nd panic.

Posted by Stockwatcher18 > 2020-05-05 18:53 | Report Abuse

I buy in 1.27, wanna cry now
Is that can up tomorrow again?

Posted by terrchung > 2020-05-05 19:02 | Report Abuse

I got in at 1.25 thinking that it would be a good support level based on this mornings movement... wrong move.. (bang head on wall)
Hexza is at all time high now (uncharted territory), there is a chance it will still go up given its good fundamentals.

Next support should be around 1.15 with resistance at 1.35

Posted by jack2 > 2020-05-05 19:13 | Report Abuse

wait for correction

Posted by Stockwatcher18 > 2020-05-05 19:27 | Report Abuse

terrchung we might go in at the high price..but if compare with yesterday, it still a good result

Posted by Stockwatcher18 > 2020-05-05 19:27 | Report Abuse

@jack2 what correction?

Posted by dompeilee > 2020-05-05 19:47 | Report Abuse

Hexza's peak in 1997 was 1.84 so now it's not the all-time high...however a lot of resistance @ current levels becos those who are stuck in the 1.20s-1.84 since '94-'99 might wanna cut loss. 1.10-1.20 was the support in '95-'96 but became a resistance when it was broken in '97...halting the advance in Jul '99 and also 2017.

Posted by MoneyShow3 > 2020-05-05 20:45 | Report Abuse

I guess we will know over the next 2 days how many would pick up and ride along the uptrend.
Volume today was pretty high but there was no indication that the buyers were in to push the price higher.
Even before the last 3 days of movement, there was steady momentum gaining daily.

Started to move after the star news article and further report by CIMB.

It's not a contra goreng counter. If anyone wanted to make a quick buck, they might be disappointed. But I hope for the best..

Posted by Diamond7 > 2020-05-05 22:11 | Report Abuse

Compare with Comfort n Rubberex.....Hexza is very very cheap!
Gives a higher dividend too!

Posted by mf > 2020-05-05 22:11 |

Post removed.Why?

Posted by pang72 > 2020-05-05 23:07 | Report Abuse

drop 1c.
it suppose limit up mah!!

wait for another day!!

Posted by tcgien > 2020-05-06 00:32 | Report Abuse

fundamental strong. Good DY%.

Posted by dompeilee > 2020-05-06 08:37 | Report Abuse

Altho' I agree that DY is still good even @ these prices(3.9% vs 6% when I added more in Nov '19), you hv to wait until yr-end to receive the dividend. Also, having traded at a healthy discount to NTA for umpteen years, it's now @ a premium to NTA which isn't really justified based on their sunset core biz with the virus under containment here...

Posted by pang72 > 2020-05-06 08:54 | Report Abuse

Covid 19 must buy stock

1. Glove - Comfort n rubberex
2. Sanitizers - Hexza (Malaysia largest) hope you see the points here.

Posted by pang72 > 2020-05-06 08:54 | Report Abuse

Do you know why Hexza limit up... Now you know?

QR out then another limit up.

Posted by dompeilee > 2020-05-06 10:09 | Report Abuse

I don't think anyone will push until T + 2... 17+ mil shares from Monday are flushed from the market.

Posted by Yu_and_Mee > 2020-05-06 10:46 | Report Abuse

sell Hexza and go to plantation counters!!!!!!!!!!!!!!!!

Posted by pang72 > 2020-05-06 10:47 |

Post removed.Why?

Posted by MoneyShow3 > 2020-05-06 11:24 | Report Abuse

Looking good. Believe value investors are averaging for long term gains.
When the world returns to the new norm mask and sanitizers will be most in demand.
Once hospitalised patients are cured and cases drop, latex glove demand will come down and investors then start moving to hexza.

Won't happen over night but with the strong QR as an indicator signalling more IB reports, investors will take notice..

Rm1.60 near term and even rm2 soon.

Posted by dompeilee > 2020-05-06 11:50 | Report Abuse

As index turns redder, Hexza breaks to a new day low...

Posted by pang72 > 2020-05-06 12:26 | Report Abuse

Hexza is deep value..

It cash already 80c if not wrong!

Posted by dompeilee > 2020-05-06 12:32 | Report Abuse

No la...cash is less than 50c...incl. US shares maybe up to 70c but not much more than that...

Posted by Erudite > 2020-05-06 13:11 | Report Abuse

i will want tis one as it is well run, gud managment

Posted by lcng123 > 2020-05-06 13:12 | Report Abuse

as at 31 Dec 2019, cash RM62.099 mil. total share issued 200.380 mil, cash per share 31c. share investments RM99.824 mil worth 50c per share. total up 81c

Posted by dompeilee > 2020-05-06 13:16 | Report Abuse

Risk-reward not that great but I keep the remaining 13 lots I bought over the last 4 years only because of the positives already mentioned above.

Posted by pang72 > 2020-05-06 13:29 | Report Abuse

06/05/2020 1:11 PM

lcng123 as at 31 Dec 2019, cash RM62.099 mil. total share issued 200.380 mil, cash per share 31c. share investments RM99.824 mil worth 50c per share. total up 81c
06/05/2020 1:12 PM

YES, this is the one!! 81c

So, per today price of 1.13 minus 81c...
The sanitize business is only 31c...

The largest in Malaysia wow.... 31c in huge demand now...

Again... 31c...

Lu say cheap kah!

Posted by lcng123 > 2020-05-06 14:57 | Report Abuse

Hexza not producing sanitizer but ethanol alcohol, one of the material used in producing sanitizer

Posted by pang72 > 2020-05-06 15:12 | Report Abuse

Okok..
Ethanol!

Posted by amateurJR > 2020-05-06 15:29 | Report Abuse

@PANG72 sifu, do you confident this stock can hit RM1.8-RM2?

Posted by pang72 > 2020-05-06 17:52 | Report Abuse

I m pretty confident