Ho Hup's earnings has been rather consistent at about 5 cnts EPS each quarter for past 5 quarters. Given its healthy order books and steady progress at Pavillion Bukit Jalil, I think it's safe to assume its earnings will remain consistent / or even grow higher in future.
Ho Hup's Q1 result was only slightly lower compared to last year as no progress billing was made to Pavillion Bukit Jalil. The management expects progress billing to be made in Q2, couple with completion of RAPID project, Q2 should be very interesting :)
I guess investors are afraid of it now, once bitten twice shy.
This remind me of Gadang of yesteryear, where many people hate it after its share price dropped to RM1.20 from RM2, even though it continues to post commendable results.
PE is around 4, ROE above 27%, outstanding order book still above the market cap. So far I can't find any counter have better financial indicator compare to this. Please correct me if i'm wrong.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
kenz88
616 posts
Posted by kenz88 > 2016-08-12 15:30 | Report Abuse
buy!!!!!!!!!!!!!!!!!!!,,,,buy with his warrant also.....