This stock is so under-valued, and look at it go the past couple months!

Net Cash
- At the last QR, the Net Cash has grown to 145.7 million at Dec 2023.  
- The Net Cash the prior 3 years are 102.9m, 77.7m and 48.6m at Dec 2022, 2021 and 2020 respectively.
- The growth in the cash is really nice.
Profitability
- This stock has been consistently profitable the last 10 years.
- Just look at the CAGR over the past 10 years on NAPS and EPS.

And finally, look at the price chart.  
A technician who doesn't understand fundamentals will likely feel doubtful whether to hold, or to sell near the resistance.  There are 3-4 peaks prior and the odds are to sell.
But if you know that the Net Cash over the past 4 years has grown from 48m to 146m, would you sell?  Definitely not!
My average entry price is 58 sen.
I'm a patient long term investor.
The Net Cash alone is worth 55 sen.  This means at 93 sen, the business is available for sale at 38 sen.  The last EPS is 18.2 sen, even if you think long term average EPS is say 18 sen with no future growth, this business is available for a PE of only 2 times, which is dirt cheap for a company that generates so much cash - it's just a matter of time, and it's worth a punt.

I'm not a chaser, I am comfortable with my current PPHB holdings, a small part of me is expecting a breakout above the 3 decade resistance and as any technician will tell you - after 3 decade of consolidation, the breakout will be spectacular, considering how cheap this stock is.

It's quite a good bet that come 1 and 2 years later, that Net Cash is going to grow by roughly another 40 million each year and its value is going to catch up with current price.

As usual, don't bet the farm, there's more to valuations than just simple statistics, but when you are sufficiently diversified, you want to have some ownership in a business like this one!