monthly : most probably will go up one level(5-10%）in few days time

monthly : as for cash flow and no debt, this one is still good comparing with other sg stocks, though historically not cheap

102475022 OP monthly : Agree, hard to go bankrupt, but also hard for shareholders to make money if the cash doesn't get returned to shareholders.
In 2026, I expect H02 will only pass through ~63% of its dividend income to H02 shareholders. The remaining dividends go into its cash hoard that earns only ~2% interest income.
Because of this, H02 should trade at a discount.
At the current price of SGD 16.90, it is trading at ~-13% discount to net asset value, significantly above 10y historical average discount of -24%.
So I also agree with what you said: not cheap compared to its history.

天之骄子 :

102475022 : @102356143 I cannot make investment recommendation, but I can share with you why I recently sold all my Haw Par shares. 
I started buying shares in Haw Par from Feb 2021. I believed the market is underestimating its growth potential from acquisitions. Furthermore, there are significant hidden assets in Haw Par, especially its stake in UOB and UOL.
More than 5 years later, Haw Par still has not made any significant acquisitions. There is no convincing evidence it will do so any time soon.
The hidden assets I saw in Haw Par remain hidden. I now believe these hidden assets will unlikely ever be unlocked and returned to shareholders.
Furthermore, I believe the outlook for Tiger Balm is bleaker than the market expects.
I discuss these in detail here: Haw Par: Right for the wrong reasons - by Angsana Anderson
I hope this is useful.