PropNex Realty

PropNex sees 10.6% stronger 3Q earnings of $6.8 mil on strong domestic demand in housing segments - THE EDGE SINGAPORE

Results

PropNex sees 10.6% stronger 3Q earnings of $6.8 mil on strong domestic demand in housing segments

The higher earnings brought earnings per share (EPS) to 1.83 cents for the quarter.

Broker's Calls

'Buy' PropNex due to its strong cash generation and digital edge: UOB Kay Hian

The analysts have raised their target price to 86 cents from 69 cents previously.

Broker's Calls

Analysts bullish on PropNex as 1H20 results 'exceeds expectations'

The analysts have also raised their target prices and earnings estimates for FY20.

Results

PropNex embraces digitalisation, reports 160% surge in 1H earnings to $14.8 mil

Amid social distancing measures and closed showflats, PropNex managed to record 160% surge in 1H earnings to $14.8 mil

Neo Group's chairman raises stake; PropNex's top shots go on a shopping spree

Neo Kah Kiat, chairman and CEO of caterer Neo Group, increased his stake in the company via two separate married deals on July 24. In the first tranche, he acquired 453,300 shares for $190,386 and in the second tranche, he acquired 2.2 million shares for

Property agency CEOs, Centurion duo up stakes

APAC Realty which runs the ERA franchise here, bought 10,000 shares at 38 cents each. On March 16, he bought another 50,000 shares at 36 cents each. Chua now owns 80,000 shares, or 0.02% of the company.
Singapore home prices see slight increase, but outlook expected to be flat

Property

Singapore home prices see slight increase, but outlook expected to be flat

SINGAPORE (Oct 1): Singapore’s private residential property index has increased by 1.4 points from 150.8 points in 2Q19 to 152.2 points in 3Q19, representing a 0.9% increase, compared to a 1.5% increase last quarter.
PropNex directors acquire shares; Phillip Securities makes 'buy' call on sector

Property

PropNex directors acquire shares; Phillip Securities makes 'buy' call on sector

SINGAPORE (June 10): Top executives in PropNex Realty recently acquired a total of 709,400 shares at 48 cents each. Executive chairman and CEO Ismail Gafoore purchased a total of 609,400 shares on May 28 and June 4 and executive director Alan Lim Tow Huat

Results

PropNex 4Q earnings fall 58% to $1.8 mil on lower revenue, higher staff costs

SINGAPORE (Feb 26): Real estate agency PropNex saw its earnings fall 57.7% to $1.8 million for the 4Q18 ended December, from $4.3 million a year ago.
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