Wing Tai Holdings

SINGAPORE (Feb 12): Wing Tai reported 2Q17 earnings rose sixfold to $12.6 million from $2.1 million a year ago. This brings 1H17 earnings to $20.87 million from just $3.2 million a year ago.

SINGAPORE (Jan 4): Deutsche Bank Markets Research is bullish on the Singapore property sector in 2018 on the back of improved demand and supply dynamics.

SINGAPORE (Dec 14): OCBC Investment Research says upside remains even as 2018 is unlikely to see a repeat of the “stellar gains” this year.

SINGAPORE (Oct 25): DBS is maintaining its ‘buy’ call on Wing Tai Holdings with higher fair value of $2.77 on 1Q18 results which were broadly within expectations.

SINGAPORE (Oct 23): Property group Wing Tai Holdings saw its 1Q earnings ended Sept rise nearly eightfold to $8.2 million from $1.1 million a year ago, on the back of disposal gains and higher contributions from overseas associates.

SINGAPORE (Oct 20): Deutsche Bank is positive on Singapore’s property market as it expects pricing power to return to developers.

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.

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

SINGAPORE (Aug 23): The collective sale of privatised housing estate Normanton Park with a reserve price of $800 million will be closely watched, says CIMB Research.

SINGAPORE (Aug 16): CIMB is maintaining its “overweight” call on property development and investment stocks given robust home sales in July which doubled from June as volume takeup continued to outpace new launches. Its top picks include UOL, CapitaLa