Tuesday, April 22, 2008
Contemplating my buy on FJBen
Current valuation for Fjben is looking quite attractive with current PE ratio standing at 6.9. Fj ben has hit a low of 0.39 from a high of 95 cent. Earning per share has been increasing steadily since 2004. And I believe that it will continue to increase in the 2 to 3 years ahead as there are many major events taking place that will attract a substantial amount of tourists to Singapore, that is beneficial to Fjben retail business.