SINGAPORE (July 12): Oxley Holdings’ recent share price correction has created a buying opportunity, says NRA Capital.
Since the announcement of recent property curbs on July 5, Oxley’s share price has corrected by 12.2% from 41 cents to 36 cents.
Oxley says it has $3 billion of unbilled progress billings. In addition, the group has $3.1 billion worth of overseas projects to be launched.
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