Hong Fok Corporation (Hong Fok)

Right timing: STI stays intact, but Hong Fok is at extreme overbought high
SINGAPORE (Mar 23): Although quarterly momentum appears ambivalent as it is consolidating beneath its own moving average, prices are intact. They have established support at the confluence of the 50- and 200-day moving averages which are moving into an increasingly positive stance at 3,217 and 3,186 respectively. The index may well be able to regain its 50-day moving average as short term ...
Which developer with prime assets is trading at 60% discount to RNAV?
SINGAPORE (Dec 1): DBS Research says investors should take another look at Hong Fok Corporation, the owner, developer and investor of prime commercial assets in Singapore. Hong Fok has a sizeable investment portfolio valued at $2.6 billion at end 3Q17 which serves as a steady source of recurring income of $50.8 million p.a. on average over the past three years. Close to 70% of the portfolio ...