Averaging up - Hovid

After coverage initiation by RHB Research Team, Hovid has been on a steady uptrend. With the 20k cash injection, my hand got itchy and today I bought another 20000 units of Hovid @ RM0.43. This stock should be ripe for harvesting in a few years time.

Due to the 20k cash injection, calculation of the return rate of Huat Fund will be based on 70k instead of 50k. Thus, the return rate will be adjusted from 60% to 43.1%. The Huat Fund looks like this after this transaction:

Financial assets at 16.07.2014
	Name	Purchase Date	Purchase Price	Current Price	Unit	Current Value	P/L ex Dividend (%)	Dividend	P/L inc Dividend (%)
Cash	Hle-Broking			16725.88
	Inari	24/02/14	2.30	3.26	10000	32600	41.9	270	43.1
	Sunreit	04/10/13	1.40	1.44	5000	7200	3.1	282.75	7.1
	Cypark	22/10/13	2.17	2.75	3000	8250	26.7	147.5	28.9
	Jaya Tiasa	24/04/14	2.74	2.56	2000	5120	-6.7		-6.7
	Westport	09/05/14	2.77	2.79	1000	2790	0.8		0.8
	QL	07/07/14	3.60	3.5	3000	10500	-2.7		-2.7
	Hovid	14/04/14	0.38	0.425	40000	17000	10.5		10.5
Total Stock				83460.00	83.3	%		700.25
Total cash				16725.88	16.7	%
Total				100185.88
Capital				70000.00
Current paper gain				12562.86
Total profit including current paper gain				30185.88	43.1	%
Total dividend				889.18