APAC Realty Ltd (SGX: CLN) is a real estate services provider which has main business segments: real estate brokerage services; franchise agreements; and training, valuation, and other ancillary services. The real estate brokerage services segment is operated by the company’s wholly-owned subsidiary, ERA Realty Network Pte Ltd, one of the largest real estate agencies in Singapore. Yesterday, APAC Realty released its financial results for the third quarter ended 30 September 2018. Let’s look at how the company performed. Financial highlights Total revenue for the reporting quarter rose 8.8% to S$114.8 million. The improvement was on the back of higher real estate brokerage fees and related services revenue, and other revenue. Revenue from real estate brokerage fees and related service

Last month, the market saw a major sell-off as US market participants reacted to the International Monetary Fund cutting its forecast on global growth. The broad-based S&P 500 index plummeted more than 3% in a single trading session on Wednesday, 10 October. Closer to home, Asian market followed suit the very next day with the Straits Times Index (SGX: ^STI) down more than 2%. However, instead of seeing this as bad for market participants, long-term investors who are on the lookout for bargains can make use of the pessimistic market sentiment to pick up stocks on the cheap. Here are two stocks trading well below their respective 52-week highs that could make great investments for the long run. AEM Holdings Ltd  (SGX: AWX) is perhaps one of the most volatile stocks on the market. The

From its peak in early May 2018, the Straits Times Index (SGX: ^STI) has fallen by some 17%. Even though the stock market has been jittery of late, some stocks could go on to beat the market. Using data from S&P Global Market Intelligence and the Magic Formula investing strategy developed by investor Joel Greenblatt, I found some of the best Singapore-listed stocks for November that could go on to do well. The basic premise of the Magic Formula is to first find a list of the best shares in the market as ranked by their cheapness and their quality, then buy that list of shares and hold them for a year, before repeating the ranking process. For a deeper understanding of how the formula works, here’s an article explaining the strategy. With that, here are the top 20 stocks in Sin

PropNex is Singapore’s largest listed real estate brokerage with over 7,000 sales professionals. As an integrated real estate services group, PropNex operates four main business segments – Real Estate Brokerage, Training, Property Management and Real Estate Consultancy. The group is the second real estate brokerage to make its SGX Mainboard debut on 2 July 2018 at $0.65 per share, after APAC Realty in September 2017. While PropNex’s IPO was well-received and its shares traded higher during the first few days, a new round of property cooling measures announced just four days after turned its shares southwards. At the time of closing on 21 September 2018, PropNex’s shares last changed hands at $0.55, 15.4 percent below its IPO price. Strong 1H18 Performance Prior to the new cooli

Year-to-date, the Straits Times Index (SGX: ^STI) is down by around 4%. Even though the stock market has not been doing well, some stocks have soundly beaten the market. Take, for example, Delong Holdings Limited (SGX: BQO). Since the start of 2018, Delong Holdings’ share price has surged by more than 160% to close at S$6.95 on Friday, 28 September. The steelmaker was in the news recently as its chief executive and executive chairman, Ding Liguo, has launched a privatisation bid with a voluntary conditional cash offer of S$7.00 per share. Coincidentally, Delong was also featured as the second-best stock in my colleague Chong Ser Jing’s article, The 30 Best Stocks In Singapore For 2018. In his article, which was published in January 2018, Ser Jing shared 30 Singapore stocks t

APAC Realty Ltd (SGX: CLN) has had a bumpy start to life as a listed a company. Since its initial public offering (IPO) in the later part of last year, its share price has tumbled 26% as investors grew concerned about the impact of the additional property cooling measures. However, last month, the real estate brokerage company announced two new business initiatives that could potentially provide new avenues of growth. Joint venture office in China The group has entered into a joint venture agreement to take a 40% stake in a business set up in Hainan to conduct brokerage services and conduct training and licensing for real estate agents. Through the joint venture, APAC Realty will take its first steps in expanding its business in the China market. Its other two partners in the joint venture

It is no secret that Singaporeans love to invest in properties. And who can blame them? Over the past decade, Singapore’s property market has skyrocketed. A growing economy, scarce land supply and low-interest rates have resulted in increasing demand for property. These in turn have propelled prices of property in Singapore to among the most expensive in the world. Investors who had purchased property a few decades ago would likely have made a killing. However, despite its marvellous track record, there are limitations to investing in property in Singapore. For one, investors require a large capital outlay. There are also additional stamp duties for permanent residents and Singaporeans buying their second property. Additionally, property is an illiquid asset that can take months or even

APAC Realty Ltd (SGX: CLN) is a real estate brokerage company that operates under the ERA brand name. It has the second highest number of real estate agents in Singapore. In 2016, it commanded a 37.5% market share of transaction value in the Singapore residential market. In the first half of 2018, the group delivered a strong performance as net profit attributable to owners spiked 8.7% on the back of an optimistic real estate market. Recently, I also wrote an article on three reasons why I believe APAC Realty would make a good long-term investment. But every company and investment comes with its own set of risks and potential pitfalls. In this article, I will highlight three potential downside risks that could hamper APAC Realty’s future earnings growth. Government intervention and poli

APAC Realty Ltd (SGX: CLN), a real estate brokerage company that operates through the ERA brand, has seen its share price tumble 26% since its listing late last year. The drastic drop in the share price was mostly due to the surprise announcement of additional property cooling measures and its competitor, PropNex Ltd (SGX: OYY), going public in July this year. However I feel that the large sell-off may have been overdone. Even with the near-term uncertainty in the local property market, I believe investors who are willing to play the long game will be rewarded in the future. Here are three reasons why. Long-term growth in the local property market As we all know, Singapore’s property market tends to do well over the long-term. Limited land supply, a bustling economy and low interest ra

APAC Realty Ltd (SGX: CLN), a real estate services provider that operates under the ERA brand name, went public in late 2017. It has three main business segments, namely, real estate brokerage, franchise agreements and training, valuation and other ancillary services. Earlier this month, the group released its earnings update for the second quarter of 2018. Here are some key highlights from its report: 1. In the second quarter of 2018, revenue jumped 24.2% to S$122.0 million, up from S$98.2 million. Cost and expenses rose 27.4%, resulting in a 4.5% decline in profit before tax. Net profit attributable to shareholders declined 9.3% to S$7.7 million for the quarter. 2. For the six-month period from January to June, revenue increased 37.4% to S$227.3 million, up from S$165.4 million in the co

I wasn’t intending on a post so quickly after the previous one. But this is quite crazy. Some recent positions have done really well, really quickly. I’ve written, in real time, about each of these positions in InvestingNote. First, I bought some shares in Singtel at $3.12, trading it a mere 2 days later at $3.25, which is pretty good. I don’t really wanna write too much about this cos lotsa guys own Singtel, and it hasn’t been very rewarding. Many tortured souls out there, don’t want them coming up to me with pitch forks. Next, I built a small position in Falcon Energy, betting that they’d manage to restructure their debt successfully. They’re still not out of the woods yet, but at least they managed to increase their liquidity with a $23mil inje

What a time for PropNex to list on the SGX!Within days more property cooling measures were announced and PropNex share price tanked over 20% in a day!//=d.offsetWidth&&0>=d.offsetHeight)a=!1;else{c=d.getBoundingClientRect();var f=document.body;a=c.top+("pageYOffset"in window?window.pageYOffset:(document.documentElement||f.parentNode||f).scrollTop);c=c.left+("pageXOffset"in window?window.pageXOffset:(document.documentElement||f.parentNode||f).scrollLeft);f=a.toString()+","+c;b.b.hasOwnProperty(f)?a=!1:(b.b[f]=!0,a=a

The sudden Singapore property market cooling measures on 5th July 2018 had shocked the market as no one was expecting this measures. Many panicked causing a knee-jerk reaction which caused developers to launch 3 projects on the very night these measures were announced, find out more about these measures in this article and how it affects you. In any measure, there will be different impact on different groups of stakeholders. Inadvertently, there are winners, losers and opportunities created.   In this article, four main questions will be discussed 1.How does the cooling measures affect different groups of people? 2.What is likely to happen to a few market segments? 3.What are the side effects? 4.Are there any winners? For those who would like to read more about the cooling measures can do

On 16/4/18, I bought into Ascendas Hospitality Trust at $0.80, and thus will be receiving its $0.0313 dividend later this month. Its shares took a beating recently, and drew my attention as a result. Being in the hospitality industry, its revenues and earnings would tend to fluctuate more as compared to more resilient sectors like […]