#2 Ho Bee Land Ltd
Ho Bee Land Ltd is trading at a share price of SGD2.23, near the 52-week low of SGD2.21. It is a far cry from its 52-week high of SGD3.08, dating all the way back to March 2022. Ho Bee Land is a real estate company, where its portfolio consists of residential, commercial, and industrial properties. It primarily operates in Singapore, Australia, China, the U.K, and Europe. Ho Bee Land’s financial performance has actually been quite impressive in the past couple of years. Revenue actually doubled from SGD212.4 million in 2019 (before the pandemic) to SGD 435.6 million in 2022. Meanwhile, profits unfortunately did not follow this track record, as it declined from SGD331.3 million to SGD167.1 million over the same period. The latest analyst report shows a
BUY call from analyst with an average target price of SGD3.80. This implies a whopping upside of over...