HEXTAR INDUSTRIES BERHAD

KLSE (MYR): HEXIND (0161)

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Last Price

0.435

Today's Change

+0.005 (1.16%)

Day's Change

0.42 - 0.44

Trading Volume

5,436,800


5 people like this.

3,061 comment(s). Last comment by jenson68 3 weeks ago

Jeff7

356 posts

Posted by Jeff7 > 2021-04-01 10:29 | Report Abuse

u can refer to page 43

imvu

7,888 posts

Posted by imvu > 2021-04-01 10:33 | Report Abuse

hari ni hijau ? besok pun hijau ?

Jeff7

356 posts

Posted by Jeff7 > 2021-04-01 10:39 | Report Abuse

imvu, i think no one can comment on this, unless you are the big operator that have huge cash standby to push

investment is looking at the long term value

if you are a short term player, need to learn on the TA, then u will know the trend, although it wont 100% accurate

imvu

7,888 posts

Posted by imvu > 2021-04-01 10:39 | Report Abuse

hexind-wa 0.080 nampak menarik, oversold gila gila ?

kfliau

1,977 posts

Posted by kfliau > 2021-04-01 11:16 | Report Abuse

Thanks Jeff7. So there will be additional warrants issued to existing warrant holders without having to subscribe Anything and exercise price will also be adjusted to 16 cents.

XxxxXzz

684 posts

Posted by XxxxXzz > 2021-04-02 17:46 | Report Abuse

They announce last week, director intention to deal close period and its relation to qr Feb 2021. Hmm why they no say they wan buy or sell their stake haha

RCZ2020

848 posts

Posted by RCZ2020 > 2021-04-02 22:24 | Report Abuse

Will they push down the price before consolidation? Hope not because the current price also gone almost half my buying price

Posted by GorengHealthcare > 2021-04-03 08:20 | Report Abuse

Dangerous company. Mid March after conso pumped to above 50 Sen now Apr is only 27 sen -50% value; even worst than before conso..

XxxxXzz

684 posts

Posted by XxxxXzz > 2021-04-03 10:21 | Report Abuse

Rcz2020, what u talking about haha, march already done share Consolidate, what u need to concern is only will they push down the price to get cheap right issue ticket only. But they proposal right issue at 0.08sen before conso, after conso = 0.24 & warrant exercise at 0.30

Gorenghealthcare, just see overall half year lo, July to end of Feb maintain between 0.27 to 0.41. Now 0. 27 is the half year support lo, if break then I don't know haha. Because I enter at support level

XxxxXzz

684 posts

Posted by XxxxXzz > 2021-04-03 10:23 | Report Abuse

Apr release Feb qr result is the most important material to determine future next 3 months share movement lo. Either u wan believe their result growthing or dying only. But after hextar come in, I noticed revenue growth 2 years already la.

RCZ2020

848 posts

Posted by RCZ2020 > 2021-04-03 13:00 | Report Abuse

XxxxXzz tq for the update. I weren't aware about it. Anyway you are good enter at 27. Me caught in 44. What to do. Have to wait. Don't know this right issue will be any help to my situation or not?

XxxxXzz

684 posts

Posted by XxxxXzz > 2021-04-03 17:55 | Report Abuse

Eh, I don't know also how much the hextar boss going pay for the right issue 15 share for 2 oridinary share. If he willing pay higher price then they will push up the price bah. Hope it can be second hextar global lo. 2018 start turn positive and keep growth from 0.5 reach till 1.3

XxxxXzz

684 posts

Posted by XxxxXzz > 2021-04-03 17:57 | Report Abuse

Under the circumstances, no other else subscribe for right issue only hextar subscribe, then he will get over 70% already. So how much he put in still belong to him in future. Nta 0.4 mah, right issue 0.24 abit too low

kfliau

1,977 posts

Posted by kfliau > 2021-04-04 13:56 | Report Abuse

Hello. As per the circular, the rights issue price is only 8 cents after consolidation, not 24 cents

RCZ2020

848 posts

Posted by RCZ2020 > 2021-04-04 17:29 | Report Abuse

What is the proposed right issue ratio? Is it 15 shares for 2 ordinary shares?

RCZ2020

848 posts

Posted by RCZ2020 > 2021-04-04 17:42 | Report Abuse

Right issues are given free or need to pay for? If it is bonus issue I believe its free

XxxxXzz

684 posts

Posted by XxxxXzz > 2021-04-04 20:15 | Report Abuse

Wah only 8 sen ka? I thought 24sen. Then I think interested to subscribe oh. But it's only scenario right? Actual price still based on market price 5 day average then discount certain %?

RCZ2020

848 posts

Posted by RCZ2020 > 2021-04-04 21:23 | Report Abuse

Hope will be a benefiting deal

RCZ2020

848 posts

Posted by RCZ2020 > 2021-04-05 17:31 | Report Abuse

I see no comments from anyone. Why? No hope ar?

caonima

367 posts

Posted by caonima > 2021-04-05 17:47 | Report Abuse

holland... drop lower than b4 consolidate

XxxxXzz

684 posts

Posted by XxxxXzz > 2021-04-05 17:53 | Report Abuse

Kena purposely push down ha? Hmm since July never low below 0.27 hmm

kfliau

1,977 posts

Posted by kfliau > 2021-04-05 18:02 | Report Abuse

This operator has no mercy

RCZ2020

848 posts

Posted by RCZ2020 > 2021-04-05 18:54 | Report Abuse

Is that the operator pushing the price down because of the right issues?

kfliau

1,977 posts

Posted by kfliau > 2021-04-05 20:01 | Report Abuse

Operator is trying damn Hard to squeeze contra players to cut loss. Every spike is a trap

XxxxXzz

684 posts

Posted by XxxxXzz > 2021-04-05 20:40 | Report Abuse

Erm no idea actually, based on bursa rule, exercise price of right issue can't below 85% of 5 day average price is it? Or the company can decide any price they wan.

3 week down already. Don't know when it will rebounce lol. Year 2017 masih ada 0.60 leh.

RCZ2020

848 posts

Posted by RCZ2020 > 2021-04-05 23:21 | Report Abuse

Hope tomorrow will be a better day for this counter

XxxxXzz

684 posts

Posted by XxxxXzz > 2021-04-06 10:14 | Report Abuse

Haiz, the rb so firece. Can't up at all even some try push up.. Zzz

kfliau

1,977 posts

Posted by kfliau > 2021-04-06 11:15 | Report Abuse

This operator will be cursed by all investor s here

kfliau

1,977 posts

Posted by kfliau > 2021-04-06 14:41 | Report Abuse

This is the type of operator I brand as chow kar 臭脚。Not only they press until back to square but 20% below cost. I swear will not touch it after I cut

RCZ2020

848 posts

Posted by RCZ2020 > 2021-04-06 19:00 | Report Abuse

Keeping price down because of the right issues?

kfliau

1,977 posts

Posted by kfliau > 2021-04-06 19:36 | Report Abuse

Could be the main reason since ri is only at 8 cents and issuance is hugh at 15 for 2

RCZ2020

848 posts

Posted by RCZ2020 > 2021-04-06 20:06 | Report Abuse

You mean they are trying to bring down to 8 cents? If that's the scenario if you hold 100000 shares how would it work?

RCZ2020

848 posts

Posted by RCZ2020 > 2021-04-06 20:07 | Report Abuse

15 x 50000?

kfliau

1,977 posts

Posted by kfliau > 2021-04-06 23:02 | Report Abuse

If you hold 100000 shares, you will be alloted 750000 rights to be subscribed by paying 0.08 x 750000 = RM60000

XxxxXzz

684 posts

Posted by XxxxXzz > 2021-04-06 23:21 | Report Abuse

So many try buy up but everyday kena push down force other cut loss, really celaka punya ini operator, why don't tell direct push down one day to the price they wan and stay 1 month stable so we can collect same price

RCZ2020

848 posts

Posted by RCZ2020 > 2021-04-06 23:21 | Report Abuse

Will it be benefiting me if I pay RM60000 for this shares?

XxxxXzz

684 posts

Posted by XxxxXzz > 2021-04-06 23:24 | Report Abuse

So if u hold too much quantity and u didn't have extra money for subcribe right issue then u will lose much after RI. Better hold the position u had enough money to subscribe right issue

XxxxXzz

684 posts

Posted by XxxxXzz > 2021-04-06 23:26 | Report Abuse

0.08 sen right issue confirm will bring down the damn current nta at 0.40 after RI maybe nta only 0.1x something. Totally bring down ur current share value

XxxxXzz

684 posts

Posted by XxxxXzz > 2021-04-06 23:26 | Report Abuse

Hextar boss really useless, try to get more shareholding % for cheap RI.

XxxxXzz

684 posts

Posted by XxxxXzz > 2021-04-06 23:27 | Report Abuse

More concern on their own benefit than the company.

Jeff7

356 posts

Posted by Jeff7 > 2021-04-06 23:54 | Report Abuse

For illustration purposes, assuming the 5 Market Day VWAMP of the SCH Shares up
to and including the LPD (i.e. RM0.0999) and adjusted for the Proposed Share
Consolidation of RM0.2997, no Warrants are exercised and entitlement basis of 5
Rights Shares for every 1 SCH Share held, the illustrative issue price for each Rights
Share is RM0.12 (representing 17.2% discount to the TERP to raise gross proceeds of
approximately RM110 million).
TERP = (1 SCH Share x RM0.2997) + (5 Rights Shares x RM0.12) / 1 SCH Share + (5 Rights Shares)
= RM0.145 (rounded down to the nearest 0.5 sen)

Jeff7

356 posts

Posted by Jeff7 > 2021-04-06 23:55 | Report Abuse

kfliau, may i know how u come out with the 15 for 2?

XxxxXzz

684 posts

Posted by XxxxXzz > 2021-04-07 00:54 | Report Abuse

Jeff, u read the announcement they given, they suggest 15 RI for 2 consolidated share. For 8 sen each RI. If no one subscribed then hextar gonna hold 70% plus

XxxxXzz

684 posts

Posted by XxxxXzz > 2021-04-07 00:59 | Report Abuse

Now I know why they doing share consolidate already, in order to more easy push down to 0.10 sen to get RI at 0.08 lol.

MiaoMiao7

451 posts

Posted by MiaoMiao7 > 2021-04-07 01:07 | Report Abuse

When is RI? Thanks

XxxxXzz

684 posts

Posted by XxxxXzz > 2021-04-07 07:02 | Report Abuse

When the management think its cheap enough to issue RI. When average 5 day market price can reach 0.1 and discount some % to get 0.08

Jeff7

356 posts

Posted by Jeff7 > 2021-04-07 08:23 | Report Abuse

Minimum Scenario : Assuming that none of the existing Warrants are exercised into new
SCH Shares prior to the Entitlement Date and the Proposed Rights
Issue is undertaken on the Minimum Subscription Level at illustrative
issue price of RM0.12(i) per Rights Share on the basis of 5 Rights
Shares for every 1 Consolidated Share

Jeff7

356 posts

Posted by Jeff7 > 2021-04-07 08:24 | Report Abuse

Base Case
Scenario
: Assuming that none of the existing Warrants are exercised into new
SCH Shares prior to the Entitlement Date and all the Entitled
Shareholders and/or their renouncee(s) fully subscribe for their
respective entitlements under the Proposed Rights Issue at
illustrative issue price of RM0.12(i) per Rights Share on the basis of 5
Rights Shares for every 1 Consolidated Share

Jeff7

356 posts

Posted by Jeff7 > 2021-04-07 08:24 | Report Abuse

Maximum Scenario : Assuming that all of the existing Warrants are exercised into new
SCH Shares prior to the Entitlement Date and all the Entitled
Shareholders and/or their renouncee(s) fully subscribe for their
respective entitlements under the Proposed Rights Issue at the
illustrative issue price of RM0.08(ii) (Floor Price) per Rights Share on
the basis of 15 Rights Shares for every 2 existing Consolidated
Shares

kfliau

1,977 posts

Posted by kfliau > 2021-04-07 09:19 | Report Abuse

The rsi is less than 10, grossly oversold. Let's see if today can rebound

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