YHI International

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Rainbow 
I agreed with your concept of ops which see my shifting of focus to bluechips.
Since C19, I'm net seller of small cap and net buyer of bluechips.

What we deferred is the company picked.
I think air transport and tourism related industry unlikely will be a growth area in near or mid term.

Instead I dipped my foot into HKL, SPH, C&C after C19.
If the price dipped further, will pick up more bluechips.

If the price go up, then just let it be.

Stay home and stay safe, everyone.
Heart
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http://www.yhigroup.com/investor/sgx-announcements/

the business had gradually improved for the last 3 years.
Even with Covid-19 they still managed to double profit and giving out 7.3% devidend.

This is the ripe time to be in YHI
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NAV $0.94
P/E 6.3
Dividend Yield 7.3
NET CASH ~ 13 Cents.


STATEMENT OF CASH FLOW REVIEW
" $71.8 million was provided by operating activities in FY2020. The Group utilised $1.3 million in investing
activities mainly for the purchase of property, plant and equipment and acquisition of additional interest in
subsidiaries. A total of $41.9 million was used in financing activities mainly for dividend payment and
repayment of borrowings. Cash and cash equivalents amounted to $84.5 million as at 31 December 2020
compared to $54.8 million reported as at 31 December 2019"


YHI is working hard to strengthen its business operations, improve efficiency & productivity and focus on its “3R” strategy (namely “Reduce inventory, Reduce accounts receivable and Reduce operating costs”).

This strategy had worked very well can be seen clearly by operating cash in-flow FY20 76,909 and FY19 - 41,625 which allow the Group to swell in Cash and reduce bank borrowing.
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