Wee Hur first caught my eye when I decided to play around with Benjamin’s Graham Net-Net filter after reading Deep Value Investing by Jeroen Bos. If you haven’t read this book, I highly recommend it! It features a lot of case studies where the author applied net-net filter and his thought process behind the investment. At first glance, Wee Hur wouldn’t interest you at all just by looking at its share price. To me, it’s good news because it means that most people overlook this company simply by visual filter alone!

For a start, here’s an interesting point: While share price has gone nowhere from 2011-2016, market cap has grown from S$182m in 2011(S$0.28 as at 14 Mar 2011) to S$239m(S$0.26 as at 26 May 2016).

Without further ado, let’s dive right in!

Strengths

  1. Net-Net
  2. Current Asset Heavy, Fixed Asset Light
  3. Skin In The Game
  4. Prudent Management

Net-Net