Bought in SHH Resources @ 0.24 back in August. On 3rd Dec, the company announcement a 2% dividend ex 23rd Dec. DY > 8 % based on 24cents purchase price. It is a value buy since the company NTA at RM1.40 as of 30.09.2010. Borrowing at 14.3million with cash standing at 16.2 million. A definitely deeply undervalue counter.
Setback is low liquidity and stagnant earning growth.
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