Le Nouvel Ardmore

SINGAPORE (May 10): Property group Wing Tai Holdings reported an eightfold surge in 9M earnings ended March to $89 million from $10.6 million a year ago.

SINGAPORE (Oct 23): Property group Wing Tai Holdings saw its 1Q earnings ended Sept rise nearly eightfold to $8.2 million from $1.1 million a year ago, on the back of disposal gains and higher contributions from overseas associates.

SINGAPORE (Aug 25): CIMB Research is maintaining its “add” recommendation on Wing Tai Holdings while lifting its target price to $2.32 from $2.05 previously, which is pegged at a 35% discount to  a revalued net asset value (RNAV) estimate of $3.57.

SINGAPORE (Aug 24): Property group Wing Tai Holdings has announced earnings of $20.1 million for the FY17 ended June, nearly triple from its earnings of $7.1 million in FY16 on lower distribution expenses and increased share of profits of associated and j

SINGAPORE (May 12): Maybank Kim Eng Research continues to rate Wing Tai at “hold” following the release of the property and lifestyle group’s 3Q earnings results on Thursday, while raising its target price on the stock by 5 cents to $1.85 to factor

SINGAPORE (Oct 28): Maybank Kim Eng is maintaining its “hold” rating on Wing Tai Holdings as it sees “limited upside” for the developer despite low valuations of 0.4 times book value. The research house is recommending investors look at Capitaland

SINGAPORE (Aug 23): Maybank Kim Eng is maintaining its “hold” call on Wing Tai Holdings with an unchanged price target of $1.71, while UOB Kay Hian is keeping its “buy” recommendation with a target price of $2.37.

SINGAPORE (Aug 22): Property group Wing Tai Holdings posted FY16 earnings of $7.08 million for the year ended 30 June, 95% down from $150.3 million in FY15 on lower operating profit and lower fair value gains.

SINGAPORE (July 12): Deutsche Markets Research has upgraded Wing Tai Holdings to “buy”, with a target price of $1.90. This comes as the research house calls the stock a “strong value proposition” in a report dated Monday.