Management has guided that the healthcare business remains strong in its fundamentals in their Annual Report 2019. In the past they divested Underwater World Singapore as it was not doing well. Therefore book value (excluding healthcare, leisure and property segments) is $11.25 per share. I shall not invest into Haw Par because as a dividend investor, the current dividend yield (exclude special dividends) is simply too low for me at 2.14%. Learn how your comment data is processed. You can see that Investments form such a big chunk of Haw Par’s revenue, thus any volatility can impact its performance. It is good that Haw Par ventures into Leisure, Property and Investments, however venturing into these businesses can be a risk to the company as well. This is the key segment driving Haw Par’s revenue trend. If you are looking for stocks with good return, Haw Par Corporation Limited stock can be a bad, high-risk 1-year investment option. A high-level overview of Haw Par Corporation Limited (HAWPY) stock. Central to our management doctrine in the day-to-day running of our business, is our uncompromising preservation of trust that has been built and fortified over the years. Listed since 1969, it is one of the oldest companies on the Singapore Stock Exchange. For conservative investors, this may still turn out to be a good investment at the right price. The Sweet Retirement Blog was created to share my journey towards achieving a comfortable retirement life. Haw Par Corporation Ltd (SGX: H02) Haw Par is a conglomerate that owns four major divisions: healthcare, leisure, property, and investments. At $9.30, Haw Par is currently trading at an 18% discount compared to its book value. Tiger Balm is made from a secret herbal formula. Haw Par currently owns a few properties in Singapore and Malaysia, namely Haw Par Centre, Haw Par Glass Tower, Haw Par Technocentre and Menara Haw Par. As you would observe, the investment holdings have become the main income contributor, and this is likely to continue on as a stable income-generator, as long as UOB and UOL continue to maintain or increase their dividends. A brief summary - strong Buy, Buy, strong Sell, Sell or Neutral signals for the Haw Par Corporation Ltd stock. Haw Par currently own and operate the Underwater World Pattaya in Thailand, which was launched in 2003. Finally, is its investment segment contributes to the Group’s bottom line by recurring dividend income. The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360˚ view of the company Haw Par Corp Ltd (H02) – Strategy, SWOT and Corporate Finance Report, is a source of comprehensive company data and information. There is a long history about Tiger Balm which you can read from Haw Par’s website so I shall not drill into the details here. This is done by multiplying the number of shares with the share price of the respective counter. Dr Wee Cho Yaw, 90, was appointed Chairman of the Company since 1978. Based on Haw Par’s 2018 Annual Report, we can see that the bulk of its revenue comes from Healthcare and Investments. Is this a dividend yield stock or 8.104% dividend yield is too good to be true? On 12 August 2020, the group released its results for the first 6 months. See our latest analysis for Haw Par . The first is healthcare, which is led by its flagship brand Tiger Balm, which is well recognised and distributed over more than 100 countries in the world. Haw Par Corp. Ltd. is a holding company, which engages in the licensing of Tiger trademarks, and owning investments for long term holding purposes. You can see below the huge range of Tiger Balm products that Haw Par offers today. There is no products currently in the market that can fully substitute Tiger Balm. Haw Par Corp Ltd is a major drug manufacturing company that operates multiple brands. Haw Par Corp (SGX: H02) have seen some recovery upside after a period of consolidation between July and October 2020. All rights reserved. The next segment is leisure, which constitutes less than 25% of the Group’s total revenue. As such, I will take the more conservative dividend yield of 2.14%. Haw Par is the owner of the iconic Tiger Balm Brand. We have no business relationship with any company whose stock is mentioned in this article. Step 3: Divide the result by the total number of outstanding shares. Back in the 1970s to 1980s, 3 corporate heavyweights fought for the control of Haw Par, namely Hong Leong Group, Jack Chia Limited and United Overseas Bank (UOB) that was headed by Wee Cho Yaw. The brand loyalty is an obstacle to new competitors in the market. The group traces its roots back to the 19th century where two brothers, Aw Boon Haw and Aw Boon Par, took over … The balance sheet remains rock solid with 580.1 MM of cash and zero debt. Haw Par General Information Description. Personally, I do not think Investments should be classified as one of Haw Par’s core business because it is basically buying shares of another company and earning through dividends and growth of another company which is in another industry. In Chinese mythology, after a person passes away they arrive in the First Court of Hell. As of 16th September 2019, Haw Par is trading at S$13.95. Thus, Haw Par is classified as a large cap stock. Stay up to date on the latest stock price, chart, news, analysis, fundamentals, trading and investment tools. Haw Par is a financial fortress with $519,627,000 in cash and just $102,419,000 in total liabilities as of 2018. With Haw Par’s stock price at $9.40, yield is at 3.1% (30c over $9.44).Their dividend cover (earnings / dividends) is historically more than 2X –unlikely for them to cut dividends. Their past investments include Underwater World Singapore, Chengdu Haw Par Oceanarium, L’Aquarium Barcelona, golf driving range and bowling centres. Haw Par Corp Ltd is a major drug manufacturing company that operates multiple brands. This site uses Akismet to reduce spam. The Group has a stake in UOB Bank and UOL Group at 74,850,539 shares and 72,044,768 shares respectively. Copyright 2021 — THE GEM INVESTOR. Haw Par Corporation Limited () Stock Market info Recommendations: Buy or sell Haw Par Corporation stock? Haw Par Corp Ltd (H02) - Financial and Strategic SWOT Analysis Review provides you an in-depth strategic SWOT analysis of the company’s businesses and operations. Haw Par is not debt free but the company has kept its debt very low. They have a diversified business model which helps provide a stable stream of income as well as show that the company is well rounded. Haw Par Corp (SGX: H02) have seen some recovery upside after a period of consolidation between July and October 2020. For me, I classified Healthcare (Tiger Balm) as the core business of Haw Par Corporation Limited. The important thing I want to emphasis here is under the leadership of Chairman Wee Cho Yaw, Haw Par grew steadily in assets as it sharpened its focus and divested itself of most under-performing and non-core businesses. Haw Par is the owner of the iconic Tiger Balm Brand. I decided to do further research to check this out. I was surprise that Haw Par deals with Leisure. Stay up to date on the latest stock price, chart, news, analysis, fundamentals, trading and investment tools. Due to the COVID-19 outbreak, this had a negative impact on this segment, which we will discuss later. The dividend income has trickled down to the bottom line of the Group, which has also resulted in an increase in its earnings per share over the past 5 years. This is done by multiplying the number of shares with the share price of the respective counter. The total number of shares stood at 220,841,000. A brief summary - strong Buy, Buy, strong Sell, Sell or Neutral signals for the Haw Par Corporation Ltd stock. Most of us would have heard of Tiger Balm – the familiar household ointment for pain relief sold in major pharmacies across Singapore. We need to be careful here as not every year does Haw Par pay out special dividends. Based on the closing price of S$14.00 on 13th September and an ordinary dividend of 30 cents, this translate to a dividend yield of 2.14%. From 2015 to 2019, Tiger Balm sales increased substantially from 48 Million to 74 Million. Haw Par Corporation Limited is a Singapore-grown multinational Group. The revenue from its Healthcare segment is no joke. Based on the technical, the stock is poised for another round of upside: The rounding bottom and the falling wedge last December do resemble a cup and handle formation and true enough, it have broken out of the falling wedge/handle, hence the formation is around 70% … Step 1: Calculate the market value of its strategic investments in UOB and UOL. They have businesses in Healthcare, Leisure, Property and Investments. See Haw Par (H02.SI) stock analyst estimates, including earnings and revenue, EPS, upgrades and downgrades. In the healthcare segment, this is basically all about the Tiger Balm which should be Haw Par’s core business. Profits for the period was $115.877 million and the 6 month period was S$129.33 million, representing an increase of 88% and 75% increase compared to 2014 results. In my opinion, this is a growth stock. The management has also guided that dividend income will continue to fall and we believe this is mainly due to the MAS cap on UOB’s dividend. Haw Par Corp Ltd (H02) - Financial and Strategic SWOT Analysis Review provides you an in-depth strategic SWOT analysis of the company’s businesses and operations. Disclosure: At the time of writing, I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. The summary for HAW PAR is based on the most popular technical indicators — Moving Averages, Oscillators and Pivots. In other words, it may seem that we are getting the other segments for ‘free’. This translates to a yield of 3.2%, which might not meet the expectations of dividend seekers who can settle for instruments with a higher yield, such as REITS. Find the latest Haw Par (H02.SI) stock quote, history, news and other vital information to help you with your stock trading and investing. A high-level overview of Haw Par Corporation Limited (HAWPY) stock. Historically, Haw Par has managed to increase its net income from all 3 business segments. Find the latest analyst research for Haw Par Corporation Limited (HAWPF) at Nasdaq.com. Would you consider investing into haw par now? Step 1: Calculate the market value of its strategic investments in UOB and UOL. Haw Par competitive advantages and company strategy can generally be found in its financial reports archived here. While the drastic drop in revenue was expected, the dividend income from its strategic investments cushioned the fall. Menara Haw Par, a freehold commercial building in Kuala Lumpur, is located in the Golden Triangle along Jalan Sultan Ismail. Click here to join The Gem Investor’s Telegram group, to receive updates on new posts and be part of our community! This is the key segment driving Haw Par’s revenue trend. Based on the technical, the stock is poised for another round of upside: The rounding bottom and the falling wedge last December do resemble a cup and handle formation and true enough, it have broken out of the falling wedge/handle, hence the formation is around 70% … However, there are several bright spots. This is not even factoring in its Tiger Balm business, leisure and property segments. The value of strategic investments, net cash and investment properties is $2,974,243,000, equivalent to 96% of Haw Par Corporation’s $3.09 billion market capitalisation (as of September 2019). On the other hand, profits from Investment and Others (Property & Leisure) are rather unpredictable and inconsistent over the last 5 years. Haw Par Corporation Limited’s main aim is to increase its share in the global market which is possible due to the corporation's formidable worldwide networking, along with China's amazing economy. Also, management has shown great prudence in maintaining a strong balance sheet and free cash flows. Currently, they own Underwater World in Pattaya. The report outlines the main financial ratios pertaining to profitability, margin analysis, asset turnover, credit ratios, and company’s long-term solvency. Haw Par Corporation Limited is a Singapore grown multinational group that was listed on the Singapore Stock Exchange since 1969. As the price begins to look more interesting, we review its fundamentals. In 2018, Haw Par paid out a dividend of 115 cents whereby 30 cents is the ordinary dividend and 85 cents is the special dividend. The profile has been compiled by GlobalData to As you can see below, the norm is 20 cents. The best place to find out what the business for Haw Par Corporation Limited is about is to check out the company’s website. Listed on the Singapore Exchange since 1969, Haw Par is one of the earliest established public companies in Singapore. They have a diversified business model which helps provide a stable stream of income as well as show that the company is well rounded. Centurion Corp: Why We Continue to Hold in a Post COVID-19 World. There is more to Haw Par Villa than the Courts of Hell, however, as the park has over 1,000 statues set up across its dioramas. Based on Haw Par’s 2018 Annual Report, we can see that the bulk of its revenue comes from Healthcare and Investments. The Best Fixed Deposits of September 2019, Manulife US REIT FY2020 Financial Results.