There is a wave of companies reporting results traditionally in today’s busy market and I’ve got a few results to look at on my hands but let me pick Ho Bee Land for this time round. Ho Bee Land reported a very impressive 3rd quarter net profit increase of 50.3% year on year while YTD they have managed a profit increase of 61.4% year on year. This includes a one off divestment for their industrial building they made in Jun which gives them a $6.9M gain on the book. However, if we compare them against last year, they also have a one off write back accrual which they have recognized in the 3rd quarter. So the two one-off would net off against one another for comparison purpose. Do note that this impressive results was on the back of a decision by Mr. Chua to go via ......