Hafary

Minus 4.5 cents  at 28.5 cents. Low volume.
The stock will be up again cos ......there are bb who luv it

My broker asked me to consider Hafary. Stock is strong, near 52-week high. The 25K HDB flats this year and 25K next year will need a lot of tiling, sanitary ware, etc.

Hafary is the No.1 in this. Surely, this is a defensive stock. and Growth Stock too!


Bad news recently about over-stating profit has had small effect. The US & Euro storms have not shaken this Hafary.

Just noticed, it's now at 28 cents. Volume of 220,000 -- not bad, in this bad market. Will Hafary touch 30 cents again?

[img]file:///C:/DOCUME~1/English/LOCALS~1/Temp/moz-screenshot-1.png[/img]Net profit for FY11 ended June was up 130% to $7.5 m.

Hafary said it was confident of strong FY12

Dead on the water despite strong profits. No analyst coverage. No IR activity.

A friend Sms me, said there is a glowing article in BT today on Hafary. Anyone can copy and paste the text of the article?

Hafary will get a new catalyst from its property development ventures. Two mentioned in BT, seems like they will be very profitable. If that's the case, Hafary will become a property play and its boring but profitable biz of tiles/stones, etc will be the stable recurring revenue generator. At 24 cents.... mmmmm...... cheap at 6X PE.