PropNex

OCBC downgrades to ‘hold’ on PropNex, while upgrading TP to 96 cents - THE EDGE SINGAPORE

Broker's Calls

OCBC downgrades PropNex to 'hold' but raises target price to 96 cents

This comes following the surge in new private home sales in October.
PropNex dominates real estate category yet again - THE EDGE SINGAPORE

Billion Dollar Club 2024

PropNex dominates real estate category yet again

Already the largest real estate agency, PropNex aims for further growth by recruiting more salespersons

Broker's Calls

Broker's Digest: Keppel DC REIT, Parkway Life REIT, PropNex

See what the analysts say this week.

Broker's Calls

OCBC Investment Research initiates ‘buy’ on PropNex with TP of 91 cents

Analyst Donovan Tan believes the negative sentiment towards the counter, which is largely due to the overhang of weak project launches, will improve.

Broker's Calls

Brokers’ Digest: PropNex, Sats

See what the analysts say this week.
Analysts lower TPs on PropNex after 1HFY2024 patmi came below expectations - THE EDGE SINGAPORE

Broker's Calls

Analysts lower TPs on PropNex after 1HFY2024 patmi came below expectations

Target prices range from 87 cents to 95 cents.

Results

PropNex reports lower FY2023 earnings on 'subdued demand', plans final dividend of 3.5 cents

'I believe our FY2023 performance was resilient in this context'
PropNex repeats clean sweep for second year - THE EDGE SINGAPORE

Billion Dollar Club 2023

PropNex repeats clean sweep for second year

PropNex chairman Ismail Gafoor calls the most recent FY2022 earnings 'no mean feat'
PropNex blazes a trail in Centurion Club 2023 - THE EDGE SINGAPORE

Billion Dollar Club 2023

PropNex blazes a trail in Centurion Club 2023

PropNex won all awards at its Centurion Club sector including the overall real estate winner
As bulls and bears remain asleep, stay put in high-yield and non-cyclical counters - THE EDGE SINGAPORE

Investing ideas

As bulls and bears remain asleep, stay put in high-yield and non-cyclical counters

'Either the share prices go up, or earnings will come down. Of course, we hope valuations will go up'
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