The Crest

Broker's Calls

Conservative land-banking stance working against Wing Tai, says Maybank

SINGAPORE (May 12): Maybank Kim Eng Research continues to rate Wing Tai at “hold” following the release of the property and lifestyle group’s 3Q earnings results on Thursday, while raising its target price on the stock by 5 cents to $1.85 to factor

Broker's Calls

Wing Tai’s first quarter not one worth remembering

SINGAPORE (Oct 28): Maybank Kim Eng is maintaining its “hold” rating on Wing Tai Holdings as it sees “limited upside” for the developer despite low valuations of 0.4 times book value. The research house is recommending investors look at Capitaland

Flashback

Cash-rich Metro trades at large discount to book, could monetise balance sheet further

This story first appeared in The Edge Singapore Issue 725 (Week of April 25)

Clock ticking as property developers face double threat

SINGAPORE (Sept 16): The clock is ticking for Singapore’s property developers, who are facing the double threat of ABSD deadlines and looming supply.
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