Welcome to AWong Investment

Sunday, July 8, 2012

HUAAN (2739) ~ dropped to one year low

First post (9 Sept 2011)

As mentioned before the price was at 0.235 [Previous post] when first posted in AWong Investment.

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

Hope you made the profit too!!

Second post (4 April 2012)

The price back to similar price where it was 1st posted at 0.225 [Previous post]

Third post (now)

For your information, the price is now dropped to almost one year low - currently at 0.185. Dropped approx. 18% compare to the price @ Second post shown above.

To me, HUAAN is at discounted price now like MAS ^_*



Some updated info:
  • Net asset per share dropped a bit to 0.61 (previously 0.66 in second post) ~ current share price is approximately 70% lower compare to net asset per share
  • Lembaga Tabung Haji still hold approx. 8.35% shares (same % as in second post)
  • Revenue for 1Q2012 gone up a bit but reported RM19.9million loss after tax

As mentioned before, to me, Steel is one of the main item within 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:

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