In our inaugural issue of HF&G, we will get started with one yield idea (it has gone up 1,061% since 2000), has a market cap over 2 billion USD but has zero analyst coverage!
Last month we wrote about Haw Par, an underappreciated gem on SGX.
Since then markets have corrected sharply across the globe. Haw Par was not spared and declined by approximately 15%.
Over the past two weeks, its main shareholder (Wee family) has bought back 13.5M SGD worth of shares. He has been in the market consistently scooping up shares on a daily basis. We like to see insider buying from management as it signals their continued support.
Last month we wrote about Haw Par, an underappreciated gem on SGX.
Since then markets have corrected sharply across the globe. Haw Par was not spared and declined by approximately 15%.
Over the past two weeks, its main shareholder (Wee family) has bought back 13.5M SGD worth of shares. He has been in the market consistently scooping up shares on a daily basis. We like to see insider buying from management as it signals their continued support.