I have some of my money that is not in my main portfolio (you won’t see it in Haw Par).
I think it is time to do some due diligence to investigate the underlying health of the business. If it is okay, this might be a good place to park money in a special situation that is:
- Have a margin of safety.
- Simple to understand.
- Pays some dividends in the mean time.
This stock may fit the criteria to put in more of the net wealth that is not in the main portfolio.
Haw Par’s share price spiked up a few times before dropping down. Even with the recent good results, and improvement in dividend per share did not improve it.
My friend Xiaoboi has
a very, very short commentary on Haw Par results where he say spinning out the Tiger Balm may help.
The following is my notes and the order of what I covered in my notes may be jumbled up. I find that it is important for me to go through my due diligence process to figure things out and re-arranging them for you benefit is not the priority.
So am sorry if you struggle to comprehend.
Thinking Through Haw Par’s Current Valuation...
