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PropNex Realty
Results
PropNex reports 20.7% lower 2QFY2022 earnings of $13.1 mil
During the period, PropNex has declared an interim dividend of 5.5 cents, which will be paid out on Sept 2.
August 10, 2022
Results
PropNex sees 6.1% decline in 1QFY2022 earnings of $13.9 mil
PropNex expects HDB resale prices and private housing prices to rise by 6% to 8% and 3% to 5% respectively for the full year 2022.
May 11, 2022
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.
May 06, 2022
Results
PropNex reports 90.5% surge in 4QFY2021 earnings; proposes final dividend of 7 cents a share
The final dividend is the highest-ever payout for the group.
February 24, 2022
Investing ideas
PropNex receives price target upgrades following better-than-expected 3QFY2021
Market watchers are largely positive on PropNex, after it reported 2.1 times higher earnings of $14.4 million in the 3QFY2021.
December 02, 2021
Broker's Calls
UOB Kay Hian upgrades PropNex to 'buy' on robust Singapore property market
Despite the upgrade, UOB Kay Hian has reduced PropNex’s target price estimate to $1.97 from $2.09 previously.
October 06, 2021
Broker's Calls
PhillipCapital downgrades PropNex on recent share price rally, which has already priced in positives
Despite the downgrade, PhillipCapital has raised its target price estimate to $2.08 on the back of higher earnings estimates.
August 18, 2021
Alset chairman Chan and PropNex director Fong raise stakes in respective companies
Alset Ineternational chairman Chan Heng Fai and PropNex director Kelvin Fong Keng Seong raise stakes in respective companies.
June 25, 2021
Broker's Calls
UOB Kay Hian favours counters with strong earnings growth and those with majority of earnings outside Singapore
Singapore Airlines (SIA) remains the brokerage’s key “sell” call as they see travel resuming only after 3QFY2021.
May 21, 2021
Broker's Calls
Analysts maintain 'add' and 'buy' calls on PropNex after strong quarter
Analysts from PhillipCapital, CGS-CIMB and UOB Kay Hian have also upped their target prices on surpassed expectations.
November 16, 2020