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based on the report ,+ points 1. ethanol biz still maintaining 32∼35% profit margin before tax. 2. potential realizing of investment income another RM20m. the - points. 1. Resin biz would be less significant probably less than 800k profit in coming quarters. 2. highly relying in investment income .
summary of this... operating income and profit before tax seems would be around RM 4m∼5m in next quarter unless management sell of some of the shares investment to realize the paper profit RM50m.
Interesting ... Mr.Foong Leon Chew joined on Jan 2020 and left in July 2020. 7 months in Board but cannot worked as a team as a family.... anyway... this hexza is more like investment companies now... holding 30k Apple share, 15k Fb share, 15k Alibabba share, and 10k nVidia share. today worth Rm111m. paper gains around 45∼50m . estimate the Jun quarter closed would be a jump on net cash flow and asset around Rm22m. a 10% + to company NTA. not bad.