Is HRP a good value stock like CEI?

**wubin_99** Thu Aug 17, 2006 9:58 am

Is HRP a good value stock like CEI?
Somebody recommends it. It is a company very much like CEI.

It pays similar annual dividend (~8%) like CEI.
It's PB is close to 1, better than CEI.
It's forward 2007 price/earning ratio is a bit over 10, better than CEI.

Would Blast please look into it, and give us an update? Thanks! I think income investment can do good in bad market.

**xxyygorich** Thu Aug 17, 2006 5:35 pm

Re: Is HRP a good value stock like CEI?
From the graph, HRP looks like an opposite of CEI. Whenever CEI rises, it drops or vice versa.

[img]
http://ichart.finance.yahoo.com/z?s=HRP&t=1y&q=l&l=on&z=m&c=CEI&a=v&p=s
[/img]

From the its numbers, it does look very nice.

wubin_99 wrote: Somebody recommends it. It is a company very much like CEI.

It pays similar annual dividend (~8%) like CEI.
It's PB is close to 1, better than CEI.
It's forward 2007 price/earning ratio is a bit over 10, better than CEI.

Would Blast please look into it, and give us an update? Thanks! I think income investment can do good in bad market.

**blast_investor** Thu Aug 17, 2006 7:57 pm

Based on FFO numbers, this stock looks cheap.

I believe most of commercial real estate REITs are in the turnaround mode. Their business is stable and valuation is low.