Today I added to my BJTOTO holdings at $4.10 and bought into HUPSENG at $1.72.
Berjaya Toto is in the gaming sector and is basically a dividend stock.
Hup Seng Food Industries manufactures biscuits, cookies and crackers as well as a coffee manufacturing division. Around 70% revenue is derived from domestic sales (as at FY2009). It has a 60% dividend policy, as far as I know. Based on its FY2010 annual report, it has no short term loans and only $8.6m of non-current liabilities with a cash pile of $54m.
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