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The Tembusu
Broker's Calls
Wing Tai to enjoy Malaysia privatisation gains from FY18 onwards: CIMB
SINGAPORE (Aug 25): CIMB Research is maintaining its “add” recommendation on Wing Tai Holdings while lifting its target price to $2.32 from $2.05 previously, which is pegged at a 35% discount to a revalued net asset value (RNAV) estimate of $3.57.
August 25, 2017
Results
Wing Tai posts near-trebling of FY17 earnings to $20.1 mil
SINGAPORE (Aug 24): Property group Wing Tai Holdings has announced earnings of $20.1 million for the FY17 ended June, nearly triple from its earnings of $7.1 million in FY16 on lower distribution expenses and increased share of profits of associated and j
August 24, 2017
Broker's Calls
Wing Tai’s first quarter not one worth remembering
SINGAPORE (Oct 28): Maybank Kim Eng is maintaining its “hold” rating on Wing Tai Holdings as it sees “limited upside” for the developer despite low valuations of 0.4 times book value. The research house is recommending investors look at Capitaland
October 28, 2016