Welcome!
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.
August 04, 2023
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.
August 31, 2022
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.
August 26, 2021
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.
April 27, 2021
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.
February 25, 2020
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.
January 19, 2018
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.
September 29, 2017
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.
September 18, 2017
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.
August 29, 2017
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.
August 17, 2017