I have been looking for a counter to reduce my almost 30% of cash holding. Thus, an interesting counter stands out from the list of companies in my portfolio. That is Chuan Hup Holdings Ltd (CH).

Chuan Hup Holding Logo

Over the last few months, CH share price has been hovering around and above 30 cents. I have been thinking of adding more of CH into my portfolio and have been rather reluctant because my average share price was much lower. However, a meet up with Simple Investor reminded me about Warren Buffett’s quote - “Price is what you pay, but Value is what you get.” Therefore, I decided to look at the valuation of CH before deciding further. In my view, CH should be consider from a book value perspective rather than earnings or DCF perspective. This is because it act more like an investment firm due to the ......