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Park hotel Alexandra
Broker's Calls
This developer's outlook remains bright despite 1Q earnings decline: Phillip
SINGAPORE (May 7): Phillip Capital is maintaining its “buy” call on developer Chip Eng Seng (CES) Corporation with an unchanged target price of $1.21, which translates to a P/NAV ratio of 0.95 time
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Broker's Calls
This property stock remains a good proxy to the residential upcycle
SINGAPORE (Nov 10): Phillip Capital is maintaining its “buy” call on Chip Eng Seng while raising its target price to $1.21 after incorporating the construction business as well as a narrower discou
Results
Chip Eng Seng’s 3Q earnings fall 58% to $5.7 mil on lower revenue
SINGAPORE (Nov 8): Chip Eng Seng has posted a 57.9% decline in earnings to $5.7 million in 3Q as compared to $13.6 million a year ago.
