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PropNex
Right Timing
Market takes Fed’s 3-2-3 and property curbs in its stride
Property measures are likely to impact agencies more than developers says OCBC's Carmen Lee. The Fed's hawkish stance hurts REITs
December 16, 2021
Broker's Calls
Analysts raise estimates on PropNex after 3QFY21 earnings meet and, or surpass expectations
Shares in PropNex closed flat at $1.78 on Nov 30.
November 30, 2021
Results
PropNex’s 3Q21 earnings more than doubles to $14.4 mil
EPS stood at 3.89 cents for the 3Q21, compared to 1.83 cents in the 3Q20.
November 10, 2021
Broker's Calls
Broker's Digest: CDL, Raffles Medical Group, PropNex, Centurion Corp, Top Glove
See the analysts' recommendations and target prices here.
September 23, 2021
Broker's Calls
DBS initiates coverage on PropNex with 'hold', target price of $1.83
DBS says its rating is premised on the stock's "rich valuation" in the face of possible property cooling measures.
September 20, 2021
Style
Meet these inspiring property agents making waves in the industry
Meet these inspiring property agents making waves in the industry
September 08, 2021
Broker's Calls
Broker's Digest: SPH REIT, PropNex, China Aviation Oil
See the analysts' recommendations and target prices here.
September 02, 2021
Broker's Calls
SAC Capital maintains 'hold' on PropNex but ups target price to $2
The higher TP reflects the strong momentum of the property market that’s expected to continue in the near term.
August 27, 2021
Deals, joint ventures & alliances
PropNex announces partnership with Tiger Brokers and SingCapital
$240 worth of PropNex stock vouchers will be offered to PropNex salespersons, clients and investors onboarded on Tiger Trade.
August 26, 2021
Broker's Calls
UOB Kay Hian downgrades PropNex on 'tough to repeat' performance
UOB Kay Hian has downgraded PropNex to "hold" but upped its target price.
August 12, 2021