HUAAN (2739) ~ Up 26% in 5 months++

I have posted this share, HUAAN (2739), since 9 Sept 2011 when the price was at 0.235 [Click here for my previous post]

In about 5 months plus, it reached 0.295 ~ that's 26% increased ^_*




If you bought it at the lowest 0.185 after posted here and sold at 0.295 ~ that's 59% increased in 5 months plus. That's a huge increased!!  :)

For your information, the price is now back to similar price where it was posted last time - currently at 0.225

Some updated info:

• Net asset per share increased a bit to 0.66 (previously 0.6238) ~ more than current share price
• Lembaga Tabung Haji still hold approx. 8.35% shares
• Revenue for 2011 gone up a bit but reported RM9.6million loss after tax

Although it reported a loss for 2011, the net asset per share still increased/stay about the same since 2008 and Lembaga Tabung Haji still holding the same amount of shares (they bought it higher price??).

8.35% shares is approx. RM21million, to me this is consider a small amount for Lembaga Tabung Haji. If the share has no potential to go up, why not just cut loss and invest RM21million in other shares?

As mentioned before, Steel is one of the main item for Construction Industries, thus invest in companies related to steel business still a plus for long term investment. 

Keep an eye on this share.

If you are not risk taker, you should consider put it in the bank for FD.

Good luck with your investment!! ^_*

Other shares with similar price posted in AWong Investment:

• Key ASIC ~ Value drop around 84% ~ will you consider?
• IRIS ~ drop approx. 62% ~ will you consider?