Dear Investing Fraternity of i3 INVESTOR's Forum,
We want to compare a hot popular stock called MN HOLDINGS VERSUS HEXCAP'S TRANSGRID VENTURE
1) SEE HEXCAP PRICETO BOOK VALUE
SUMMARY OF KEY FINANCIAL INFORMATION30 Sep 2024 |
| INDIVIDUAL PERIOD | CUMULATIVE PERIOD | |||
CURRENT YEAR QUARTER | PRECEDING YEAR CORRESPONDING QUARTER | CURRENT YEAR TO DATE | PRECEDING YEAR CORRESPONDING PERIOD | ||
30 Sep 2024 | 30 Sep 2023 | 30 Sep 2024 | 30 Sep 2023 | ||
MYR'000 | MYR'000 | MYR'000 | MYR'000 | ||
1 | Revenue | 32,174 | 0 | 117,653 | 0 |
2 | Profit/(loss) before tax | -6,109 | 0 | -3,131 | 0 |
3 | Profit/(loss) for the period | -5,420 | 0 | -3,541 | 0 |
4 | Profit/(loss) attributable to ordinary equity holders of the parent | -4,114 | 0 | -3,299 | 0 |
5 | Basic earnings/(loss) per share (Subunit) | -0.92 | 0.00 | -0.77 | 0.00 |
6 | Proposed/Declared dividend per share (Subunit) | 0.00 | 0.00 | 0.00 | 0.00 |
| | AS AT END OF CURRENT QUARTER | AS AT PRECEDING FINANCIAL YEAR END | ||
7 | Net assets per share attributable to ordinary equity holders of the parent | 0.4600 | 0.5000 |
HEXCAP NAV IS 46 SEN
HEXCAP PRICE AS AT 30TH DECEMBER 2024 IS 36 SEN
SO PRICE TO BOOK VALUE = 36 SEN DIVIDES BY 46 SEN
= 78% OF 46 SEN
WITH A DISCOUNT OF 22% OR 10 SEN LESS
PRICE TO BOOK VALUE IS 22% DISCOUNT
2) MN HOLDINGS (refer bursa)
SUMMARY OF KEY FINANCIAL INFORMATION30 Sep 2024 |
| INDIVIDUAL PERIOD | CUMULATIVE PERIOD | |||
CURRENT YEAR QUARTER | PRECEDING YEAR CORRESPONDING QUARTER | CURRENT YEAR TO DATE | PRECEDING YEAR CORRESPONDING PERIOD | ||
30 Sep 2024 | 30 Sep 2023 | 30 Sep 2024 | 30 Sep 2023 | ||
MYR'000 | MYR'000 | MYR'000 | MYR'000 | ||
1 | Revenue | 103,106 | 55,148 | 103,106 | 55,148 |
2 | Profit/(loss) before tax | 9,888 | 5,574 | 9,888 | 5,574 |
3 | Profit/(loss) for the period | 7,036 | 4,186 | 7,036 | 4,186 |
4 | Profit/(loss) attributable to ordinary equity holders of the parent | 7,082 | 4,152 | 7,082 | 4,152 |
5 | Basic earnings/(loss) per share (Subunit) | 1.49 | 1.02 | 1.49 | 1.02 |
6 | Proposed/Declared dividend per share (Subunit) | 0.15 | 0.00 | 0.15 | 0.00 |
| | AS AT END OF CURRENT QUARTER | AS AT PRECEDING FINANCIAL YEAR END | ||
7 | Net assets per share attributable to ordinary equity holders of the parent | 0.2800 | 0.2500 |
Mn holding price as at 30th December 2024 is Rm1.26
Price to book value Rm1.26 divides by 28 sen
= Price to book value is 4.5 Times or 450% even more pricy than Top Glove & Harta Price to Book Value
That means HEXCAP's 22% Discount to NTA is near to Ben Graham's required 30% discount to Book Value as a required margin of safety
Being Defensive Value Investor we naturally gravitate to HEXCAP
Now both Hexcap's Transgrid Ventures & Mn Holdings are Power Providers to TNB & others
We see Research Houses very bullish and kept pushing Mn Holding to multi year high
While Hexcap (Transgrid Venture) has no Research House or Media doing any write up or highlight
Hence we have made some VERY INTERESTING DISCOVERY
For Mn holding being a listed entity anyone can get to see its jobs awarded as well as its balance sheet
Whereas TRANSGRID VENTURE is not listed. However, we can get Info from Hexcap's Annual Report plus its quarterly report when the accounts of Transgrid are Incorporated in the Balance sheet
Now see Mn Holdings balance sheet
Refer Bursa
MN HOLDINGS
Profit after tax/Total
comprehensive income (“PAT”) Rm7,036,000
Above we see Mn Holding one qtr profit is Rm7.036 Million
SEE HEXCAP BALANCE SHEET
The Group’s strategic investments in Transgrid Ventures Sdn. Bhd. and the additional 6.75% stake in
Binasat Communications Berhad have continued to yield positive returns. Year-to-date, contributions to
profits from these associates amounted to RM8.5 million, reflecting their strong performance and
alignment with the Group’s strategic goals.
HEXCAP's 2 IPO (Initial Private Offering) Binacom & Transgrid Ventures both combined gave a total profit of Rm8.5 Millions
Since Binacom is listed we
Created by calvintaneng | Dec 06, 2024
Created by calvintaneng | Jun 25, 2024
hexcap also doing DATA CENTER THRU TRANSGRID VENTURE
Join Our Team at Transgrid Ventures Sdn. Bhd.! 🏗️
Are you ready to be part of an exciting journey in the world of data centers? We’re seeking dynamic individuals to join our team as Inspector of Works (IOW), QA/QC Engineer, and Site Engineers (Civil) for our fast-track CLS Data Centre project at Starhill Golf Resort, Kempas, Johor Bahru.
🔍 Position Available (Immediate Hiring): IOW - Registered with BEM, QA/QC Engineer, Site Engineer - Civil
📅 Employment: Contract
📍 Location: Starhill Golf Resort, Kempas, Johor Bahru.
🏗️ Project: Consumer Landing Station (CLS) for Data Centers.
This is a fantastic opportunity for fresh graduates to kick-start their careers in a cutting-edge industry. We encourage passionate individuals who are eager to learn and grow to apply.
If you’re ready to take on challenges, collaborate with a talented team, and contribute to building the future of data infrastructure, then we want to hear from you!
Send your resume to m.firdaus@transgrid.com.my
1 month ago
Hexcap is a very young 🐄
Will grow into a 🐂
Get it early and hold
Best is yet to come
1 month ago
I'm glad of this great Manager that I use $3000 to earn profits of $22,000 in my investing and I'm very happy because I have never seen a good manager like that before it's so profitable and the are best to work with on whtspp +447425710065
2 weeks ago
calvintaneng
https://www.youtube.com/watch?v=KaEfG_R3Rlc&t=1s
1 month ago