I remember reading some posting on Straco in this forum but I can't find it. Anyway, this stock is looking interesting because of the chairman & his spouse are buying and there is also a company share buyback. Around 17 cents. Damn big cash flow. Profitable and sustainable business of operating the Shanghai Ocean Aquarium. Am vested - small stake while i read up more.
Even if the stock market gets bad, Straco price is likely to stay resilient because of the company's trend of buybacks. The last buyback was last Friday. It bought back 248,000 shares at 17.5 cents. The business is highly cash-generating as it collects cash from visitors to its Shanghai Ocean Aquarium and other attractions.