Thoughts on PROPNEX LIMITED (SGX:OYY) whether it's a good buy?

Discuss anything about PROPNEX LIMITED (SGX:OYY) share price, dividends, yield, ratios, fundamentals, technical analysis and if you would buy or sell this stock on the SGX Singapore markets. Do take note that the answers given by our members are just your opinions, so please do your own due diligence before making an investment in PROPNEX LIMITED (SGX:OYY)

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Nigel

01 Aug 2020

Head of Platform - Community Growth at iSTOX

Propnex has proven resilience and a strong workforce of agents

They have highest market share in a few subcategories and have an asset light business model

One should note that factors like low interest rate environment may or may not lead to pick up in viewings and transactions

Agree that key risks are potential regulatory changes which again, may or may not be a bad thing

The company has high dividend yield which in my opinion is attractive and healthy as shown by their annual FCFs

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pat

20 Jan 2020

Propnex has the largest fleet of real estate agents in singapore and has a large market shares in private launches, resale and HDB. Their market share should grow over the years.

P/E of 7x and a decent dividend yield of 7% at the current price + high ROE. The pricing now is attractive for investor. Have to see if there are any more cooling measures / absd which might cause the counter to drop more.

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Choon Yuan Chan

20 Jan 2020

I dony really think its time to buy.this is because propnex revenue is dependent on comission earne...

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