Hexza Corporation

Hexza Corporation Berhad is a Malaysia-based investment holding company. The Company operates in three business segments: investment holding; manufacture and sales of formaldehyde-based adhesives and resins for timber related industries, ethyl alcohol, natural vinegar, cooler, liquefied carbon dioxide and kaoliang wine, and others, which includes trading, property development, dormant and pre-operating companies. The principal activities of the subsidiaries include manufacture of natural vinegar, manufacture of alcoholic and non-alcoholic beverages, property development, marketing and distribution of consumer products and industrial chemicals and manufacture and sale of ethyl alcohol, liquefied carbon dioxide and kaoliang wine. Its subsidiaries include Bio-Acetic Products Sdn. Bhd, Chemical Industries (Malaya) Sdn. Bhd., Hexza-Mather Sdn. Bhd., Hexzachem Sarawak Sdn. Bhd., Norsechem Marketing Sdn. Bhd., and Summit Development Corporation Sdn. Berhad.

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I've known this company via grahasmun post in investlah. So, heres my summary for this company.

Hexza reported a lower revenue and profit during last quarter, with a so so margin and ROE. However, the balance sheet is very healthy. the share price has gone up more than 23.9% from recent low in march. Looking at current volatility in commodities market, i should not expect much in short term run . Somemore, currently trading at PE above 10 (~12++). But the positive sides for this company are cash rich, hidh dividend yield, trading below NTA value, net cash positon and growth potential. Hmm..

Current share price RM 0.44

Div yield ~ 7.++

Total Asset ps RM 1.05 ( -3.7%)

Cash ps RM 0.335 ( -1.18% )..around RM 67.23m

Others investment ps RM 0.051 ( -16.39% )

Total Liabilities ps RM 0.105 ( -17.97% )..around RM 21.03m

NA RM 0.91

NTA RM 0.89