On 17 October 2011, I looked at Hock Lian Seng's numbers after observing how insiders were buying up its shares at 23.5c a piece. I decided that its numbers were decent enough and that it would probably be able to pay a dividend of 1.5c a share.
I bought more shares at 24c a piece while waiting to see if price would fall closer to its NAV per share. Prices did go lower and touched a low of 21c
