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$HEXZA (3298.MY)$ Updated on 8/11/2024 $HEXZA (3298.MY)$ —A)...

Updated on 11th August 2024
$HEXZA (3298.MY)$
—A) Hexza Corp Bhd announced on Tuesday that it has acquired 0.05 million shares of British semiconductor and software design giant Arm Holdings PLC for 6.4 million USD (29.5 million MYR) in cash.
—Purchase price per 1000 shares of Arm:
6.4 million usd/0.05 million shares:
128 usd
Current stock price: 150 usd
Book profit: 1.1 million usd
Equivalent to 4.84 million Malaysian Ringgit
-B) Still holding 0.2 million shares of NVDA stocks:
Current stock price: 148.8 usd
Valued at 29.76 million
Equivalent to 0.13 billion Malaysian Ringgit
Purchased at 93 usd, currently book profit of 27.9 million usd
Equivalent to 0.122 billion Malaysian Ringgit.
The comprehensive company stocks investment has already earned approximately 0.24 billion Malaysian Ringgit on the books, with a cost price of about 0.131 billion Malaysian Ringgit. Its technical outlook has shown a slow bullish trend since August / 2024, and it is believed that the investment profits will gradually reflect on the stock price. The 0.24 billion Malaysian Ringgit profit will increase the company's NTA (net asset value per share) to 3.50 yuan. The current P/E ratio cannot reflect the company's situation. I conservatively estimate the minimum stock price of the company at 2 yuan, truly a value stock.
Hexza Corp Bhd is an investment holding company headquartered in Malaysia. The company's operation segments include investment holding, resin, ethanol, and trading. It generates the most revenue from the resin sector, which involves manufacturing and selling formaldehyde-based adhesive resins and glues for the wood industry. Its ethanol division is engaged in the manufacturing and selling of ethanol, liquefied carbon dioxide, and sorghum wine.
$HEXZA (3298.MY)$ Updated on 8/11/2024 $HEXZA (3298.MY)$ —A) Hexza Corp Bhd announced on Tuesday that it has acquired 0.05 million shares of stocks of the Unite...
$HEXZA (3298.MY)$ Updated on 8/11/2024 $HEXZA (3298.MY)$ —A) Hexza Corp Bhd announced on Tuesday that it has acquired 0.05 million shares of stocks of the Unite...
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