To be frank, I get to know Wee Hur Holdings (E3B.SI) from one of my favourite Stock Screener, Uncle Stock. In fact, Wee Hur Holdings ranked first in their Piotroski Top List (with a scoring of 9.74). Of course, this is only the trigger for me to dig in further into the counter.
After browsing through their 2014 Annual Report, I must say that Wee Hur is fundamentally strong and are paying size-able dividend consistently. Oh, by the way. they have a record year in 2014, in terms of their revenue and net profit.
Also, they have a sterling performance in their Q1 2015 result as well as an exciting expansion in new market, Australia. It seems all so positive to me.
Wee Hur's Financial Highlights |
Wee Hur's Q1 2015 Result Highlights |
With Price/Book Value of 1.02 (Wee Hur last traded at $0.34) and average dividend yield of 5.8%, it is quite a tempting counter, bearing in mind that it has a strong potential growth, with its expansion plan (Australia). Having said that, I will keep it in my watch list first and not rush into it for the following 2 reasons :
a. It is still in its downwards trend
b. It's "50-Day Moving Average" is above "20-Days Moving Average" (see below) [I learnt that it is a sign of down trend]
Are you vested in Wee Hur? What is your view/comment on this counter?
Cheers!
Hi Richard,
ReplyDeleteLooks like a great find! I agree there isn't a reason to rush into this yet.
Thanks for sharing about the stock screener, I really like it!
GMGH : ya, I find that the free screener is cool too! ;-)
DeleteWow, Richard, charts leh ;)
ReplyDelete0.305 to 0.315 is the support region, might want to look into it :) But it's a construction firm, and I don't like it hahaa
LP : ya lor... While waiting for your post on the TA, I learn from somewhere else first lor..
DeleteThanks for the indicators.
As they are diversified into residential, industrial and dorm segment, so still not so bad... ;-)