Friday, December 12, 2008
ANOTHER REASON WHY I SAY HONG FOK IS A STEAL AT CURRENT PRICE, AMONG ALL THE LISTED PROPERTY COUNTERS HONG FOK HAS THE BIGGEST DISCOUNT TO ITS NAV OF $1.37CENTS. ABOUT 85%. YOU GO AND DO YOUR OWN MATH. GUOCOLAND NAV 2.50 SHARE PRICE $1.15, KEPLAND NAV $3.26 SHARE PRICE $2.17, HO BEE NAV $1.164 SHARE PRICE 40.5CENTS, CAPITAL LAND $3.81 SHARE PRICE $3.24, WING TAI $2.09 SHARE PRICE 76CENTS, WHEELOCK PROP. NAV $1.72 SHARE PRICE 95CENTS. SC GLOBAL NAV 97CENTS SHARE PRICE 61CENTS. THE RANGE IS BETWEEN 14%-65%. SO THINK ABOUT IT, WHY HONG FOK IS NOT SUNKIST ORANGE AT 8CENTS
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