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Far East Orchard
Results
Far East Orchard to report net profit in FY2021, reversing from net loss in FY2020
The group’s results for the FY2021 will be released on or around Feb 24.
January 28, 2022
Results
Far East Orchard sees 9M21 losses double y-o-y to $20.8 million as hospitality sector hammered
As Covid-19 continues to drag on, hospitality businesses like FEO remain in the red, booking a $20.8 million loss for its 9M21.
November 09, 2021
Broker's Calls
Broker's Digest: AEM, Genting Singapore, Riverstone Holdings, Far East Orchard
See the analysts' recommendations and target prices here.
August 12, 2021
Broker's Calls
Far East Orchard 'poised to rerate' higher as it pivots away from residential business: DBS
According to the analysts at DBS, the stock holds “deep value” and there are “compelling reasons to trade higher.”
August 06, 2021
Results
Far East Orchard's losses widen to $1.9 million in 1HFY21 as Covid-19 rages on
The group’s net asset value edged down to $2.70, from $2.72 on Dec 30.
August 04, 2021
Broker's Calls
DBS starts Far East Orchard at 'buy' with TP of $1.70
The analysts at DBS see "deep value" within the counter.
July 27, 2021
Company in the news
Far East Orchard could be asset play based on steep P/NAV discount
Far East Orchard could be an asset play given its steep discount of 0.4 times price to NAV
July 25, 2021
Results
Far East Orchard records net loss of $0.7 mil in 1Q21 due to lower revenue from the hospitality business
The group reported a total loss of $3.2 million, deepening from the total loss of $2.6 million in the 1QFY2020.
May 06, 2021
Property
Far East to sell Woods Square property unit for $1.8 mil as an IPT
The consideration of $1.8 million translates to $21,907.22 per sqm over the strata area of 81 sqm.
March 23, 2021
Property
Far East to sell Woods Square property unit for $1.8 mil as an IPT
The consideration of $1.8 million translates to $21,907.22 per sqm over the strata area of 81 sqm.
March 23, 2021