Wing Tai

Results

Wing Tai issues profit guidance, expects 'significant decrease' in net profit for FY2023

Wing Tai will release its results for FY2023 ended June on Aug 25.

Company in the news

Wing Tai China acquires 50% remaining shares in Winnoma Investment for $25.6 mil

Post-acquisition, Winnoma will become a wholly-owned subsidiary of WTC.

Results

Wing Tai reports 2.7 times higher earnings of $43.6 mil in FY21 on higher contribution from development properties

Wing Tai has declared a total dividend of 5 cents per share for FY2021.
UOB KH warns of possible cooling measures for SG property market - THE EDGE SINGAPORE

Broker's Calls

UOB KH warns of possible cooling measures for SG property market

UOB KH foresees a possible implementation of cooling measures as Singapore property prices jump in Singapore.

IPO

Latest REIT IPO attracts well-known investors with defensive portfolio

United Hampshire US REIT, sponsored by Hampshire Companies and UOB Global Capital, had a yield of more than 7% at its IPO price.

Broker's Calls

'Pent-up demand' to drive Singapore's residential recovery this year: UOB KH

SINGAPORE (Jan 18): UOB Kay Hian is maintaining “overweight” on Singapore’s property sector with a preference for stocks with exposure to the residential, hotel and office segments as the market heads deeper into the upcycle.

In print this week

Are you ready for the next property boom?

SINGAPORE (Sept 29): It seems like only yesterday that property developers were complaining about punitive property cooling measures and struggling to get unsold units off their books.

Wave of recovery to spread to mid and high end properties: UOB

SINGAPORE (Sept 18): Singapore property prices are expected to rise by 5-10% next year after bottoming out this year as the nascent recovery spreads to the mid-range and high-end segments in the next wave, says UOB Kay Hian.

Broker's Calls

Wing Tai wins over analysts with compelling valuation, healthy balance sheet

SINGAPORE (Aug 29): OCBC is maintaining its “buy” on Wing Tai with an unchanged target of $2.37 for its compelling valuation and healthy balance sheet which positions it in a position to benefit from firmer conditions in the domestic housing sector.

Broker's Calls

17 hot stock picks following a season of strong 2Q gains

SINGAPORE (Aug 17): UOB Kay Hian has upgraded its FTSE Straits Times Index (FSSTI) target forecasts up to 3,410 from 3,250 previously on “pockets of solid outperformances”  in the 2Q17 financial reporting season, which concluded this week.  
×