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Ho Bee Investments reports 1HFY09 Results (14 Aug 09)
- Revenue: +534.2% (2Q09), +303.2% (1H09)
- Net Profit: +325.6% (2Q09), +208.6% (1H09)
- Outlook: Riding on the improved market sentiments, the Group has since May 2009, additionally sold more than 20% each of the two residential projects, The Orange Grove and Dakota Residences.
- TOP has been obtained for the Orange Grove Residences project in July 2009.
- The Group is expected to remain profitable for the next two quarters this year.
FINANCIAL RECORDS
Revenue (SGD '000)
FY 1Q 2Q 3Q 4Q Total
2009 110,036 740,792
2008 94,188 116,809 52,549 38,535 302,081
2007 245,783 160,044 129,567 60,748 596,143
2006 52,781 121,711 54,458 164,149 393,099
2005 82,299 38,286 27,152 49,090 196,827
2004 NA NA 4,137 44,410 69,735
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Earnings (SGD '000)
FY 1Q 2Q 3Q 4Q Total
2009 37,280 157,320
2008 26,102 36,963 18,718 11,283 93,066
2007 76,484 125,077 39,270 38,762 272,201
2006 13,160 24,418 9,888 51,113 98,579
2005 15,412 8,343 7,586 6,733 38,074
2004 NA NA 1,771 4,212 16,528
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Dividends
FY Interim Final Special (SGD)
2009 0.0200
2008 0.0100 0.0100 NA
2007 0.0100 0.0200 NA
2006 0.0075 0.0075 0.0125
2005 0.0075 0.0075 NA
2004 0.0075 0.005 NA
2003 0.0075 0.005 Na
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Bonus Issue / Stock Split
Date Type Details
NIL
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Share Data (SGD)
NAV = $1.44
EPS = $0.264 (6M FY09)
No of Shares = 737,338,000
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ANALYSTS' TARGET PRICES
Broker Recommendation Target Price Date
NA
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