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PropNex
Broker's Calls
Analysts lift their TPs on PropNex after record FY2022 revenue
Analysts from CGS-CIMB, Maybank and DBS have increased their TPs to to $2.05, $2.20 and $1.88, respectively.
March 13, 2023
Broker's Calls
Even after cooling measures, PropNex’s 'steady' 3QFY2022 results convinces doubtful analysts, earns upgrade
PropNex has managed to weather through the property cooling measures; reports improvement in 3QFY2022.
November 14, 2022
Billion Dollar Club 2022
Yanlord Land maintains overall sector win; Ho Bee tops returns for shareholders; Bukit Sembawang picks up the rest
Yanlord stands out for paying a consistent dividend year after year over business cycles
November 10, 2022
Broker's Calls
APAC Realty, Propnex 'hitting a speed bump' with new property cooling measures: CGS-CIMB
The two listed real estate agencies here are “hitting a speed bump” as property cooling measures bring “near-term headwinds”.
October 05, 2022
Broker's Calls
DBS downgrades PropNex, APAC Realty to 'fully valued' following new cooling measures
The brokerage has also cut its target price estimates to $1.19 for PropNex and to 41 cents for APAC Realty.
October 03, 2022
Broker's Calls
Analysts maintain 'buy' call for Propnex despite second quarter earnings slippage
Analysts from UOB Kay Hian and CGS-CIMB Research have maintained their “buy” calls and target prices for PropNex
August 12, 2022
Broker's Calls
SAC Capital lowers PropNex's TP to $1.78 as it expects FY2022 to see a correction in its sales volume
SAC Capital has kept its “hold” recommendation on PropNex despite its solid year in FY2021 amid a robust property market.
March 08, 2022
Broker's Calls
Analysts mixed on PropNex with warnings of 'caution ahead'
Analysts are mixed on PropNex due to caution over earnings and effect of property cooling measures
March 01, 2022
Results
Is PropNex about to report $1 bil in revenue for FY2021?
The company maintains it has not made selective disclosure of material information.
February 21, 2022
Budget 2022
Higher property taxes to have negative impact on developers and property agencies: CGS-CIMB
However, rental rates may go higher to make up for the higher taxes
February 20, 2022