Ho Bee Land

Investing strategies

11 potential privatisation targets to go after: UOB

SINGAPORE (Mar 8): UOB Kay Hian has shortlisted a number of SGX-listed stocks as possible “go” plays for investors, with the potential to be privatised.

Broker's Calls

Stable outlook for Ho Bee Land, but returns likely to remain low

SINGAPORE (Feb 28): Maybank Kim Eng is maintaining its “hold” call on Ho Bee Land despite raising its target price on the stock to $2.47 from $2.13 previously, after rolling forward valuations to FY16 and incorporating the property developer’s recen

Results

Ho Bee Land’s 4Q earnings fall 33.1% to $129.5 mil on lower fair value gain

SINGAPORE (Feb 27): Property group Ho Bee Land has declared a 33.1% decline in 4Q16 earnings to $129.5 million from $191.7 million a year ago.
Ho Bee Land Rose Court in London

Ho Bee Land unit divests London property for $167 mil

SINGAPORE (Feb 8): Property group Ho Bee Land announced Wednesday that wholly-owned subsidiary Grandiose Investments is selling its Rose Court property in London for £94.5 million ($167.2 million).

In print this week

Property stocks stage breakouts, establish uptrends

SINGAPORE (Feb 3): Blue-chip property stocks have broken out of resistances and are moving higher, according to the charts.

Results

Ho Bee Land posts a 32% rise in 3Q earnings to $27 mil on sales from Australia

SINGAPORE (Nov 10): Ho Bee Land reported a 31.8% increase in 3Q16 earnings to $26.7 million from a year ago.
o Bee Land made a name for itself by developing luxury properties such as the Turquoise on Sentosa Island

The Edge Billion Dollar Club

Mid-sized developers gallop ahead with property development

SINGAPORE (Nov 1): Deft risk-taking by a handful of midsized developers over the three years to 2015 made them the best performers in terms of the financial metrics by which the Billion Dollar Club companies are measured.

Broker's Calls

This property stock is standing tall amid a gloomy office market

SINGAPORE (Oct 6): RHB Bank is reiterating its “buy” call on property group Ho Bee Land with a price target of $2.68, and continues to like the stock for its management’s execution track record which it believes is the best among its reak estate pe

Broker's Calls

No catalyst for Ho Bee Land

SINGAPORE (Aug 16): Maybank Kim Eng is maintaining its “hold” recommendation for Ho Bee Land with an unchanged target price of $2.28 as its 2Q16 results offered little surprise and there are no clear catalysts for the stock despite its current low val

Results

Ho Bee Land’s 2Q earnings more than double to $42 mil

SINGAPORE (Aug 12): Ho Bee Land posts earnings of $42.0 million in 2Q16, an increase of 151.8% from $16.7 million in the corresponding quarter last year.
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