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PropNex Realty
Broker's Calls
Brokers’ Digest: CDL, PropNex, PLife REIT, KIT, SingPost, Grand Banks Yachts, Nio, Frencken, ST Engineering, UOB
Here's what the analysts have to say about these counters this week.
4 hours ago
Billion Dollar Club 2024
PropNex soars, capturing greater market share amid challenging real estate climate
“We believe that next year, we will see the results of our efforts to connect with consumers and to train and empower our sales team through technological innovations," says CEO Ismail Gafoor.
13 days ago
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.
October 21, 2024
Broker's Calls
Analysts lower TPs on PropNex after 1HFY2024 patmi came below expectations
Target prices range from 87 cents to 95 cents.
August 22, 2024
Results
PropNex reports 1HFY2023 earnings of $22.1 mil, down 18.4% y-o-y, on lower number of transactions
An interim dividend of 2.5 cents a share has been declared for the 1HFY2023. It will be paid out on Sept 4.
August 10, 2023
Property
Most segments to remain unaffected by latest cooling measures, says PropNex
The agency says it expects launches to proceed as scheduled and developers to price units ‘sensitively'.
April 27, 2023
Broker's Calls
Brokers' Digest: ComfortDelGro, Sembcorp Industries, Centurion Corp, SGX, PropNex, Sats
See what the analysts have to say this week.
March 18, 2023
Results
PropNex's earnings for 4QFY2022 up by 24.5% y-o-y to $17.8 mil; FY2022 revenue hits record high
PropNex has proposed to undertake a one-for-one bonus issue of up to 370 million new ordinary shares to broaden its accessibility.
February 28, 2023
Broker's Calls
Maybank starts PropNex at 'buy'; group can 'easily sustain' its high dividend payout of over 70%
Meanwhile SAC Capital has maintained its “hold” call on rising rates and a lower supply.
August 30, 2022