Ho Bee Land    Last:1.79    -0.01

Riding High On The Sentosa Wave

trymyluck is right.  p/e (updated 1Q07) is about 9.

Where else such gd deal?

 

oh bee!!! soaring higher n higher than a frisbee.
just hope it doesnt come down soon

 

Get set, ready, Cheong Ahhhh!!!!

 

 

Perfect setup for an impending breakout.

 

Looks like the properties are stagnating at this level...

Depending on market sentiment, it may move up or down temporily...

I suppose long-term holding is the best 'bet'?

 

Going sideway for awhile now. TA sign looks good. Right?

 

This one has fallen asleep liao! Need some really good news to wake it up.

 

hi redfish,

i was quoting the Edge when i said P/E of 9.
so after my calculations , i think they must have been quoting forecasted P/E for Financial year 2008.

 

hi redfish,

1st quarter 9 cents. assuming the no of shares remain the same , and company maintains same profit ratio in each quarter, the earnings for full year should be 30 cents.

P/E = price of share / earnings per share.
at current price of 2.30 / 30 cents it should be between 7 to 9 .

 

Hi trymyluck.

Yes, Q1 EPS is 0.0937 but how you derive at PE 9 ?

 

hi redfish,
  

    i was initially referring to the figure i noted in the Edge paper. but then after your comment I
    rechecked on Ho Bee's first quarter results. Earnings for this quarter 9 cents, so projected earnings for the year atleast 30 cents? wouldnt that give it a PE of 9?


anywayz good luck to everyone vested. 2.22 is solid support for this counter unless another big market correction comes

 

 

Hi trymyluck.

HoBee's PE should be about 17  and still much potential basing on all othe property big players' PE are above 20, like CDL is 44.

I believe in buying straw hats in winter.

 

P/E of this counter is still only 9 compared to the other property counter all of which are around P/E 20.
the BB's have just decided to keep a bit quite about this counter since they had given it a long ride from 1.6 to 2.5.
its a good time to buy now when the BB's have let it go out of their radar screens.

 

Thanks for the tip :) Ho Bee is up 2.28 already...

 

 

I suppose midterm buyers shldn't really consider what current charts point to.


IMHO, i'll wait for A/D and Chaikin to trend upwards. Stochastic Osc & Williams %R show downward trend since 23, 24 May.

 

If prices inch up back toward the high of 2.52 over the coming weeks and then fall back down on the "break-even exits", that should be the time to get on board.

 However for those who want to take more risk than that, getting in now may be a better deal (more juice), provided the coming weeks will show some demand building up.

 

 

You're right.... Charts look mixed. Watch this from a distance and wait for trend to clear.

 

What's the news on this. Charts look mixed.