After the post, I went into the company with my initial purchase at S$0.405 after the write up was published. I have been, on an overall basis, accumulating the company with an average share price of S$0.375.

Note that I have stated I have 2 portfolios in the last post and this company is in the SG and US mixed portfolio.

Anyway the company recently reported their half year report and an update on durian business.

In short, for the half year report:

Revenue increase 615% for the 2nd quarter FY21 as compared to 2nd quarter FY20.

2nd Quarter FY21 is the first quarter (since don’t know how many quarters, but at least the last 3 quarters) that the company became profitable.

This was mainly due to the new CEO onboard and their durian business that they