Singapore stocks Thursday, 11 Nov. 2021: Keppel, SPH, ComfortDelGro, StarHub, United Hampshire US REIT, AEM, CLCT, Tiong Seng, IREIT, SATS, Nordic, Sakae, Trans-China Automotive.
Singapore companies in focus Tuesday, 2 Nov. 2021: SPH REIT, SPH, Temasek, SembMarine, Yangzijiang, Oxley, SGX, Elite Commercial REIT, Alset and Challenger.
The reserve price for Simsville’s en bloc sale is likely at S$859M to S$901.5M, according to marketing material seen by Shenton Wire.
UOB Kay Hian upgraded Propnex to Buy, saying the company’s fundamentals warrant a more bullish stance amid a robust Singapore property market.
Singapore real estate agency PropNex said Wednesday 2Q21 net profit climbed 134.5% on-year to S$18.18M on a higher number of transactions.
PropNex pointed to a solid outlook for Singapore’s property market as a possible explanation for the 16% surge in its shares this week.
UOB KayHian downgraded PropNex to Hold from Buy after earnings came in below expectations and as transaction volumes are expected to be weaker.
These are Singapore stocks which may be in focus on Wednesday, 14 August 2019: Wilmar, ComfortDelGro, MUST, Yanlord, OUE and Accordia Golf.
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.
Singapore’s residential property market took a hit last year from fresh cooling measures, but the outlook may have turned toward a Goldilocks scenario.
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 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.