PropNex Realty

Insider moves

Neo Group's chairman raises stake; PropNex's top shots go on a shopping spree

Neo Kah Kiat, chairman and CEO of caterer Neo Group, increased his stake in the company via two separate married deals on July 24.

Insider moves

Property agency CEOs, Centurion duo up stakes

SINGAPORE (Mar 20): Top managers of the two listed property agencies have bought shares in their companies this past week, amid a wider market selldown.

Broker's Calls

PropNex upgraded to 'buy' on prospects of strong 2H19 rebound, regional expansion

SINGAPORE (Oct 14): UOB Kay Hian has upgraded real estate agency PropNex to a “buy” call with a higher target price of 56 cents, up 12% from the previous 50 cents.

Singapore home prices see slight increase, but outlook expected to be flat

Property

Singapore home prices see slight increase, but outlook expected to be flat

SINGAPORE (Oct 1): Singapore’s private residential property index has increased by 1.4 points from 150.8 points in 2Q19 to 152.2 points in 3Q19, representing a 0.9% increase, compared to a 1.5% inc

PropNex directors acquire shares; Phillip Securities makes 'buy' call on sector

Property

PropNex directors acquire shares; Phillip Securities makes 'buy' call on sector

SINGAPORE (June 10): Top executives in PropNex Realty recently acquired a total of 709,400 shares at 48 cents each.

Results

PropNex 4Q earnings fall 58% to $1.8 mil on lower revenue, higher staff costs

SINGAPORE (Feb 26): Real estate agency PropNex saw its earnings fall 57.7% to $1.8 million for the 4Q18 ended December, from $4.3 million a year ago.

Joint ventures and alliances

PropNex Realty enters into strategic collaboration with Century 21 franchise GAP

SINGAPORE (Feb 20): PropNex Realty has entered into a strategic collaboration with Global Alliance Property (GAP).

Broker's Calls

PropNex says unlikely to be affected by cooling measures

SINGAPORE (Oct 22): PropNex expects rental, landed and HDB resale segments -- representing 40% of its total revenue -- to stay resilient in the face of cooling measures, says UOB KayHian after a me

Broker's Calls

PropNex started at 'buy' by UOB on strong branding, regional expansion

SINGAPORE (Sept 12): UOB KayHian is starting coverage of real estate agency PropNex with a “buy” and target price of 65 cents or 10 times FY19 forecast earnings given negatives from the recent cool

Property

New launches to carry on unabated even as buyers mull options: PropNex

SINGAPORE (Aug 15): PropNex Realty, a subsidiary of PropNex Limited, anticipates the total volume of new homes transactions to hit 8,500-9,000 for 2018.

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