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THIS weekend, ERA Singapore will launch what it says is the country' s largest virtual real estate gallery for homebuyers.
The ERA Property Weekend 2020 event on Oct 10 and 11 will feature virtual tours of more than 140 projects islandwide as well as property market insights from 14 of its industry experts.
Hosted on the ERA website, the event offers an immersive viewing experience with 360-degree detailed showcases of the housing projects. Buyers can browse through the projects online anytime during the weekend.
They can also access property information, factsheets, site or floor plans and available units, and instantly book personal appointments with ERA agents.
ERA will offer developers' discounts on selected units on the two days, in conjunction with the 10/10 Super Shopping Day. Buyers can register for a personal virtual home tour over the weekend to access these offers.
There will also be loyalty rewards totalling over S$250,000 for ERA real estate agents who cash out from their LyteMoney business wallets. These rewards include gold bars, staycations, lifestyle vouchers and cash, the agency said on Thursday.
Above is an extract. For details, see business times.
APAC Realty reports 52%% jump in earnings for 1HFY20
APAC Realty, which runs the property agency ERA, has reported a 6% y-o-y growth in revenue to $172.8 million for 1HFY20, as it generates higher fees from helping developers launch new projects.
However, thanks to lower financing and marketing costs, the company was able to report a 52% y-o-y surge in earnings to $7.76 million.
The company plans to pay an interim dividend of 0.75 cents per share &ndash same as this time last year.
Even with the tough economic environment, the company was able to secure marketing agent mandates for 42 new resident projects totalling some 14,900 units. These projects are scheduled for launch between now till June next year.
The company believes that the negative impact of the Covid-19 outbreak on the Singapore property market will be relatively short-lived.
&ldquo Interest from local and foreign buyers will eventually return as evident in the initial demand from the market following end of the Circuit Breaker Period,&rdquo the company said, adding that Singapore is one of the top three prime real estate cities in the world, drawing especially buyers from China and Indonesia.
&ldquo However, the pace of this recovery is subject to the world overcoming Covid-19 and the health of major economies,&rdquo the company said.
wa so many coverage...
I learn from people if too many coverage, means BBs are trying to push it up and then dump it.
Is it true?
then buy high n wait long long, cos we buy they dump?
hear say n learning only..
Anyone can advise?
I learn from people if too many coverage, means BBs are trying to push it up and then dump it.
Is it true?
then buy high n wait long long, cos we buy they dump?
hear say n learning only..
Anyone can advise?
josephyeo ( Date: 06-Jun-2020 01:01) Posted:
|
The easing of the CB ( Circuit Breaker ) should be positive for this company
and other property related companies.
and other property related companies.
Revenue n profit trend in last 4 quarters. See below:
As seen from above, both quarterly revenue and profit trend look good.
Fyi only. Dyodd
| APAC Realty | 1Q' 19 | 2Q-' 19 | 3Q' 19 | 4Q' 19 | FY' 19 |
| revenue | 77,405 | 85,656 | 97,771 | 106,346 | 365,112 |
| net profit | 1,777 | 3,327 | 3,452 | 5,456 | 14,012 |
As seen from above, both quarterly revenue and profit trend look good.
Fyi only. Dyodd
Price history:
1. current - 41.5 cents
2. 52 weeks low - 28.5
3. 52 weeks high - 59.0 cents
4. 2 year high - 88.5 cents
5. 5 year high - 128.0
Current price is around 70% below 5 year high, 50% below 2 year high
and 40% below 52 weeks high.
For info only. Vested.
1. current - 41.5 cents
2. 52 weeks low - 28.5
3. 52 weeks high - 59.0 cents
4. 2 year high - 88.5 cents
5. 5 year high - 128.0
Current price is around 70% below 5 year high, 50% below 2 year high
and 40% below 52 weeks high.
For info only. Vested.
Target price - Apac Realty:
1. CGS-CIMB
Add recommendation. Target price - 53.8 cents
2. DBS Research (25 Feb 2020)
Buy recommendation. Target price - 52.0 cents.
3.Philip Securities (26 Feb 2020)
Accumulate - target price 55.0 cents
4. RHBG Invest (29 May 2020)
Buy recommendation. Target price - 60.0 cents.
For info only. Vested.
1. CGS-CIMB
Add recommendation. Target price - 53.8 cents
2. DBS Research (25 Feb 2020)
Buy recommendation. Target price - 52.0 cents.
3.Philip Securities (26 Feb 2020)
Accumulate - target price 55.0 cents
4. RHBG Invest (29 May 2020)
Buy recommendation. Target price - 60.0 cents.
For info only. Vested.
CGS-CIMB has an " add" recommendation for Apac Realty.
Target price - 53.8 cents.
For info only. Dyodd.
Target price - 53.8 cents.
For info only. Dyodd.
ttps://www.theedgesingapore.com/capital/brokers-calls/robust-growth-pipeline-apac-realty-despite-quiet-home-sales-may-cgs-cimb
http://apacrealty.listedcompany.com/news.html/id/771838
dividend withdraw ??
tot according to media, property still ok, some recent new launch sell quite well despite using virtual showroom or something like that.
dividend withdraw ??
tot according to media, property still ok, some recent new launch sell quite well despite using virtual showroom or something like that.
Less than half of its IPO price. gone case liao..
this one like no interest, but now at 0.7 NAV, P/E 7.6, div 6.6% ..... with the falling share price trend, value may be starting to emerge, notwithstanding the possibility of property correction
Broker' s call. Article in The Edge Singapore.
SINGAPORE (Feb 25): Analysts are rather positive on real estate brokerage APAC Realty,
following the announcement of its 4Q19 and FY19 results.
Read broker' s call in The Edge Singapore.
SINGAPORE (Feb 25): Analysts are rather positive on real estate brokerage APAC Realty,
following the announcement of its 4Q19 and FY19 results.
Read broker' s call in The Edge Singapore.
A quote from the Business Times
REAL estate agency APAC Realty on Monday posted a net profit of S$5.5 million for
the fourth quarter ended Dec 31, up 33.3 per cent from a year ago.
Q4 revenue came in at S$107.8 million, up 31.7 per cent from S$81.9 million in the
corresponding quarter of the previous year. This was on the back of higher brokerage
income from new home sales, as well as resale and rental of properties.
Earnings per share was 1.54 Singapore cents compared with 1.15 cents previously.
For the full year, net profit fell 42.2 per cent to S$14 million from S$24.2 million
previously, on lower revenue that was down 12.8 per cent to S$369.5 million.
... end of quote ...
Dividend declared - 1.25 cents
For more see The Business Times
FYI. Dyodd
Given the positive trend in the first 3 quarters 2019, i believe the
4th quarter results would be even better as sentiments in the property
showing improvements.
It is also quite likely that the oversea investments, mainly in Thailand and
Indonesia, should start to contribute to it' s bottomline.
The Group has one of the largest brand footprints in Asia with more than
17,300 salespersons in 643 offices across 10 countries through its ERA franchisees.
Below is a quote taken from the company' s latest press release:
&ldquo In Indonesia, ERA has a strong standing with leading developers and homeowners who recognise the Group
and its network of 6,500 sales persons for excellence in customer service and innovative project marketing.
We have demonstrated our ability to replicate and localise this offering in Indonesia with projects such as
57 Promenade and South Quarter. Following this success, we have been appointed as coordinator for 4 other
projects, including Branz @ Mega Kuningan, 1 Park Homes, Avania @ Gatot Subroto and Vasanta Innopark.
We believe that ERA Indonesia will start contributing to the Group over the next few years as the sector continues
to liberalise.
We are one of the largest home selling networks in Thailand with a sales force of more than 400 salespersons
across 22 franchisees. We have established a strong reputation and track record with leading developers in the
country having sold more than 450 new home units over the past year. This has allowed us to secure marketing
rights for 18 projects with 10,697 residential units, including notable developments such as The Line Wongsawang,
Artisan Ratchada, The Regent Orchid Talad Plu, Wyndham Garden Irin, and Chamonix,&rdquo said Mr. Chua.
- end of quote.
Above are for info only. Dyodd.
Note ... i am a long term invester and i look at a company on a long term basis.
4th quarter results would be even better as sentiments in the property
showing improvements.
It is also quite likely that the oversea investments, mainly in Thailand and
Indonesia, should start to contribute to it' s bottomline.
The Group has one of the largest brand footprints in Asia with more than
17,300 salespersons in 643 offices across 10 countries through its ERA franchisees.
Below is a quote taken from the company' s latest press release:
&ldquo In Indonesia, ERA has a strong standing with leading developers and homeowners who recognise the Group
and its network of 6,500 sales persons for excellence in customer service and innovative project marketing.
We have demonstrated our ability to replicate and localise this offering in Indonesia with projects such as
57 Promenade and South Quarter. Following this success, we have been appointed as coordinator for 4 other
projects, including Branz @ Mega Kuningan, 1 Park Homes, Avania @ Gatot Subroto and Vasanta Innopark.
We believe that ERA Indonesia will start contributing to the Group over the next few years as the sector continues
to liberalise.
We are one of the largest home selling networks in Thailand with a sales force of more than 400 salespersons
across 22 franchisees. We have established a strong reputation and track record with leading developers in the
country having sold more than 450 new home units over the past year. This has allowed us to secure marketing
rights for 18 projects with 10,697 residential units, including notable developments such as The Line Wongsawang,
Artisan Ratchada, The Regent Orchid Talad Plu, Wyndham Garden Irin, and Chamonix,&rdquo said Mr. Chua.
- end of quote.
Above are for info only. Dyodd.
Note ... i am a long term invester and i look at a company on a long term basis.
Notes on Apac Realty
Vested. Dyodd
| APAC Realty | 1Q-' 18 | 2Q-' 18 | 3Q-' 18 | 4Q' 18 | 1Q' 19 | 2Q-' 19 | 3Q' 19 | 9M' 19 |
| revenue | 105,227 | 121,176 | 114,061 | 81,863 | 77,405 | 85,656 | 97,771 | 258,766 |
| net profit | 5,917 | 7,693 | 6,543 | 4,092 | 1,777 | 3,327 | 3,452 | 8,556 |
| Notes: | ||||||||
| 1. profit n revenue peaks on 2Q' 18 (april to june quarter) w revenue of $121 mil n profit of $7.7 mil | ||||||||
| 2. when cooling measures implemented in July 2018, revenue n profits started to drop. | ||||||||
| and reached it' s bottom on the 1Q' 19. with revenue of $77.4 mil n profit of $1.8 mil | ||||||||
| 3. from the 1Q onward, profit n revenue being to improve. 2Q was better than 1Q and 3Q | ||||||||
| better than 2Q. 4Q' 19 is likely to be even better again as sentiments in the property | ||||||||
| market is likely to improve further | ||||||||
Vested. Dyodd
| Sharing some datas n views on Apac Realty | |||||
| Datas - 1Q against 3Q 2019 | |||||
| APAC Realty | 1Q' 19 | 2Q-' 19 | 3Q' 19 | 9M' 19 | |
| revenue | 77,405 | 85,656 | 97,771 | 258,766 | |
| net profit | 1,777 | 3,327 | 3,452 | 8,556 | |
| Revenue up S$20.3 mil &hellip from S$77.4 mil to S$97.7 mil. In percent terms, its around 26.2% | |||||
| Profit up S$1,7 mil &hellip from S$1.8 to S$3.4 mil. In percent terms, its up around 94% | |||||
| Datas - 9 months 2018 against 2019 | |||||
| APAC Realty | 9M' 19 | 9M' 18 | difference | in % | |
| revenue | 258,766 | 338,974 | -80208.00 | 23.60 | |
| net profit | 8,556 | 20,153 | -11597.00 | -57.54 | |
| Comments: | |||||
| 1. again last year, the company has done badly and profit is down by 57.5% | |||||
| while revenue is down by 23.6%. | |||||
| 2. the lower profit was expected as the " cooling measures" was imposed in | |||||
| July last year | |||||
| 3. since the " cooling measures" were implemented, sentiments in the property | |||||
| market was " bad" and property stocks faired badly | |||||
| 4. the recent weeks/months, seem to see a gentle change in sentiments with | |||||
| the number of transactions improving. | |||||
| 5. if you look at the above quarterly trend in Apac, you will see that the results, | |||||
| quarterly revenue and profits have been moving up. | |||||
Just sharing. Vested for the long term. Dyodd
both apac and propnex recently announced financial results not v good this quarter .....
wait til neck long long, today den it breaks the resistance of 535, hope the momemtum continues, and this one coincidentally just pierced abv the 200 sma line. which bodes well for this. Vested.
property re-rating coming..huat huat