APAC Realty

DBS keeps 'hold' call on APAC Realty with 'healthy' 1HFY2022 but sees slower 2HFY2022 - THE EDGE SINGAPORE

Broker's Calls

Analysts mixed on APAC Realty after 1HFY2022 results

The property market has shown its “resilience” amid global challenges thanks to strong demand from both local and foreign buyers.

Results

APAC Realty clocks 1HFY2022 earnings of $16.6 million, plans 3.5 cents interim dividend

APAC Realty says it has maintained a 40% market share
RHB upgrades APAC Realty to 'buy' despite 'opportunistic' offer, 17% ytd plunge - THE EDGE SINGAPORE

Broker's Calls

RHB upgrades APAC Realty to 'buy' despite 'opportunistic' offer, 17% ytd plunge

Following the April 25 announcement, shares in APAC Realty plunged from some 80.5 cents to 66 cents by the end of the week.

Broker's Calls

CGS-CIMB lowers APAC Realty's TP to 84 cents to reflect 'moderated market share'

CGS-CIMB's Lock Mun Yee also believes APAC’s share price is likely supported by a projected dividend yield of 10.4% for the FY2022

Results

APAC Realty reports 20% y-o-y rise in earnings in 1Q2022

APAC Realty reports growth in revenue and earnings in 1Q2022
Reject the $0.57 offer says IFA to APAC Realty's independent directors  - THE EDGE SINGAPORE

M&A

Reject the $0.57 offer says IFA to APAC Realty's independent directors

IFA advises APAC Realty's directors to reject offer of $0.57 from NHPEA Ace Realty
Switch from leaders to laggards like ComfortDelGro, FCT, Genting Singapore, ART, CDLHT and ThaiBev: DBS - THE EDGE SINGAPORE

Broker's Calls

Switch from leaders to laggards like ComfortDelGro, FCT, Genting Singapore, ART, CDLHT and ThaiBev: DBS

The analysts estimate that the STI will be trading between support at 3,200 to 3,250 points with near-term resistance at 3,408.
Broker's Digest: Parkway Life REIT, APAC Realty, Venture Corp - THE EDGE SINGAPORE

Broker's Calls

Broker's Digest: Parkway Life REIT, APAC Realty, Venture Corp

See what the analysts have to say about these counters. Graphic: The Edge Singapore
Morgan Stanley's offer 'opportunistic', 'significantly undervalues' APAC Realty: analysts - THE EDGE SINGAPORE

Broker's Calls

Morgan Stanley's offer 'opportunistic', 'significantly undervalues' APAC Realty: analysts

“We believe the offer price is low and significantly undervalues APAC Realty’s long-term potential.”
Morgan Stanley Private Equity Asia to become majority shareholder of APAC Realty - THE EDGE SINGAPORE

M&A

Morgan Stanley Private Equity Asia to become majority shareholder of APAC Realty

This is Morgan Stanley Private Equity Asia’s first investment in the real estate services sector in Southeast Asia.
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