Seen from the chart, the scripts flow are limited.
After share split from 220m to 660m, it doesn't improve the liquidity at all.
What actually happen huh?
In term of FA , it is significantly over value.
( compare it with sanli environment and u will know liao)
limited buyer becos of overvalue. Seller doing a slow exit waiting for buyers.
Supply and demand will be at sub 0.01
From the peak of 0.08 crashed to 0.01
It is still very expensive.
Huge inventories and hence cash reduced.
May run into cash flow issue...
Investment using cpf
2020 - Ist tranch purchased 7000 at 0.615.
2021 - right issue and took up 2000 at 0.49
2022 - 2nd tranch purchased 12000 at 0.525
2023 - right issue and took up 10000 at 0.408
Total holding in cpf investment acc now stands at 31000 average price at 0.50/-
Took a position in haw par corp.
Ist half dividend increase from 15c to 20c (33%up)
Entry at 9.39. ( can be better but cant get the lowest)
Captial appreciation plus some dividend
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