Kingboard

Another stock with PE < 10

Current Price = 0.315
1Q08 EPS = 6.86 HK cents (vs 1Q07 EPS of 7.21HKcents)
Forecasted EPS = 6.86 x 4 = 0.2744HK cents = 0.04791 Singapore dollars

Estimated PE = 0.315 / 0.04791 = 6.57
NAV = 312.67 HK cents = 0.54595 SGD

* Do note however that 1Q08 Profit declined by 4.91% compared to the same period in the previous year
* No mention of higher copper prices affecting operations