Roxy-Pacific Holdings

SAC Capital analyst Tracy Lim believes that Roxy-Pacific is emerging from the trough

Roxy-Pacific’s indirect associate is selling its retail building located at Ginza, in Tokyo, Japan, at a sale price of 8.66 billion yen ($112.2 million).

SINGAPORE (May 8): Roxy-Pacific Holdings saw its earnings slide 31% lower to $5.3 million for the 1Q19 ended March, from $7.7 million a year ago, despite a 91% surge in revenue during the quarter.

SINGAPORE (Apr 18): OCBC Investment Research believes it is still too early to call the bottom for Roxy-Pacific Holdings, even though its share price has fallen 26% over the last 12 months.

SINGAPORE (Feb 21): Roxy-Pacific announced that its 4Q18 earnings have declined by 27% to $5.93 million, compared to $8.14 million in 4Q17.

SINGAPORE (Nov 1): OCBC Investment Research is maintaining its “hold” call on Roxy-Pacific Holdings while revising its fair value downwards to 41 cents from 44 cents previously, after the release of the group’s 3Q18 results on Wednesday.

SINGAPORE (Oct 31): Roxy-Pacific Holdings’ 3Q18 earnings more than doubled to $4.4 million from its restated earnings of $1.6 million a year ago, as a result of significantly higher gross profit margins largely contributed by the group’s hotel ownersh

SINGAPORE (Aug 1): DBS Group Research is keeping its “fully valued” rating on Roxy-Pacific Holdings with an unchanged target price of 40 cents. Based on a 55% discount to RNAV, this implies a 9% downside from Roxy’s closing price of 44 cents on Tues

SINGAPORE (July 31): Roxy-Pacific Holdings saw its earnings fall 57% to $6.4 million for the 2Q ended June, from $14.7 million a year ago.

SINGAPORE (May 30): Roxy-Pacific says that its indirect associated company, RH Novena, is acquiring a freehold residential site located at 27 Moulmein Rise for $106 million.