1. It is in the waste oil, plastics/metals recycling business- Recycles waste into resins, gold, silver and other precious metals.  Oil price and precious metals prices are flying through the roof. Means better selling prices. This is evidenced by a sharp turnaround in profits since 4 quarters ago.

HHH is a commodity supercycle play!

2. Private placement to finance palm oil waste recycling project in Pahang. Palm oil waste is a massive ESG problem to oil palm plantations. HHH is hinting at a recycling/renewable energy venture is the next catalyst for growth.

HHH is a renewable energy play, which solves plantations ESG problems!

3. Management is young and dynamic, led by a 42-year old second-generation CEO, who is tired of a lacklustre-listed company full of potential.

4. Valuation – Still trading below IPO price of 20 sen from 9 years ago. HHH is still trading at 20% discount below NTA of 20 sen. The company is almost debt-free.  A similar stock in its space and peer JAG is 4x HHH’s market cap, and has doubled in share price from Feb- June.

A quadrupling of HHH share price could see the stock achieve a blue-skies value of 48 sen from its pivot low, implying a 300% upside from current levels!

5. Recent 20% private placement and 30% ESOS allocation to directors and senior management(!) , signals major corporate turnaround activity and a clear re-rating catalyst is on the horizon.

When insiders want to buy big, we must buy along with them!

Disclaimer: The views presented  herin does not constitute a recommendation or solicitation to buy or sell the securities mentioned herein. All information and opinions expressed are subject to change without notice. The publisher may from time to time have a position in the securities mentioned. This publication is based on pulicly available information and any information from sources are believed to be reliable but we do not make any presentations as to its accuracy or completeness.