PropNex downgraded by UOB KayHian after results miss expectations
UOB KayHian downgraded PropNex to Hold from Buy after earnings came in below expectations and as transaction volumes are expected to be weaker.
PropNex
UPDATE: Singapore stocks to watch Wednesday: Wilmar, ComfortDelGro, MUST, Yanlord, OUE, Accordia Golf
These are Singapore stocks which may be in focus on Wednesday, 14 August 2019: Wilmar, ComfortDelGro, MUST, Yanlord, OUE and Accordia Golf.
Propnex reports 2Q19 net profit declined 12 percent as cooling measures weigh
PropNex reported Tuesday its 2Q19 net profit fell 11.9% on-year on lower commission income in the wake of property cooling measures imposed a year earlier.
Has Singapore’s residential property hit the goldilocks zone?
Singapore’s residential property market took a hit last year from fresh cooling measures, but the outlook may have turned toward a Goldilocks scenario.
UPDATE: Singapore stocks to watch Wednesday: CityDev, Singtel, SGX, ComfortDelGro, Hyflux
These are Singapore companies which may be in focus on Wednesday, 15 May 2019: Singtel, City Developments, ST Engineering, SGX, CDG, Hyflux, Yanlord, Spackman and JUMBO.
PropNex’s 1Q19 net profit dropped 68 percent amid lower commission income
PropNex reported Tuesday its 1Q19 net profit dropped 67.6% on-year to S$2.0 million amid lower commission income during the traditionally tepid quarter.
UPDATE: Singapore stocks to watch Tuesday: ST Engineering, SembMarine, Sheng Siong, Ho Bee Land
These are Singapore companies which may be in focus on Tuesday, 26 February 2019: ST Engineering, SembMarine, Sheng Siong and Ho Bee Land.
PropNex reports 4Q18 net profit dropped 64 percent after property cooling measures
Realty company PropNex reported Monday its 4Q18 net profit dropped 63.5 percent on-year after the government implemented property cooling measures.
UPDATE: Singapore stocks to watch Thursday: CityDev, Keppel, Sembcorp, ST Engineering
These are Singapore companies which may be in focus on Thursday, 21 February 2019: City Developments, Sembcorp Industries, ST Engineering, Keppel and Spackman.
UPDATE: Singapore stocks to watch Tuesday: Mapletree Industrial, CapitaLand Mall Trust, M1, Hyflux, Sakae
These are Singapore companies which may be in focus on Tuesday, 12 February 2019: Mapletree Industrial Trust, CapitaLand Mall Trust, M1, Hyflux and Sakae.
PropNex started at Buy by UOB KayHian as low-risk proxy to Singapore property
UOB KayHian started PropNex at Buy with S$0.65 target price, calling it a low-risk proxy to the Singapore property market. “PropNex offers a more asset-light…
Singapore stocks to watch Wednesday: ThaiBev, Yongnam, Old Chang Kee, Noble, Yanlord
These are the Singapore stocks likely in focus on Wednesday, 15 August 2018: Thai Beverage Thai Beverage reported on Tuesday that its fiscal third quarter…
Singapore stocks to watch Tuesday: UOL, ST Engineering, SIA, Keppel REIT, SingPost, Soilbuild REIT
These are the Singapore stocks likely to be in focus on Tuesday, 17 July 2018: UOL UOL said on Monday that it acquired 180 apartments…
Singapore stocks to watch Monday: SATS, Wilmar, Wheelock, OUE Hospitality, MIT
These are the Singapore stocks that may be in focus on Monday 16 July 2018: SATS and Wilmar SATS said that its wholly owned subsidiary…
Singapore stocks to watch Friday: Frasers Property, Oxley, SGX, DBS, PropNex, Liongold, Accordia Golf
These are the Singapore stocks likely in focus on Friday 13 July 2018: Frasers Property Frasers Property said on Thursday its indirect wholly owned subsidiary,…
Singapore stocks to watch Tuesday: Keppel, ST Engineering, Yanlord, Jumbo, BreadTalk, Sunpower
These are the Singapore stocks likely in focus on Tuesday 10 July 2018: Keppel Corp. and ST Engineering Keppel Corp. said on Monday that its…
Singapore stocks to watch Monday: SGX, Hyflux, Yangzijiang, Oxley, Asiatravel.com
These are the Singapore stocks to watch on Monday 9 July 2018: Singapore Exchange Singapore Exchange said that the equity markets had a positive performance…
Singapore property shares plunge after government imposes cooling measures
Singapore property shares plunged on Friday after the government imposed fresh cooling measures on the market. Shares of City Developments dropped 16.86 percent by 9:21…
PropNex pops higher on SGX trading debut
Shares of property broker PropNex popped higher on their trading debut on SGX on Monday, in a move that came just as Singapore government data…
Singapore stocks to watch Monday: CCT, Sembcorp, ST Engineering, DBS, UOL, PropNex
These are the Singapore stocks to watch on Monday 2 July 2018: CapitaLand Commercial Trust CapitaLand Commercial Trust’s manager said it entered a deal to…