Propnex *Official* (SGX:OYY)

[reddevil0728]

I left sq because of the toxic environment. Cabin crews sisters were jealous and infighting . Hence decided to do something else. For now as im still finding job, hope to get some income from investing

There’s a diff between income from investing and trading.

you should be aware it’s not like some income replacement you can rely on

 

[Dividends Warrior]

$2.12 highest as of 1pm 19/8/25

2 days later, now $2.30!

 

[LWZ]

2 days later, now $2.30!

tripled within a year

 

[sallybee]

Now at $2.37

 

[Dividends Warrior]

Now at $2.37

Closed at $2.40
My very first 'Quintuple-Bagger'! (excluding dividends)
Learnt a new word today.

 

[sallybee]

Worth to still buy at $2.40?

 

[reddevil0728]

Worth to still buy at $2.40?

Depends on how much profit is considered worthwhile to you?

Define that first?

 

[DevilPlate]

Closed at $2.40
My very first 'Quintuple-Bagger'! (excluding dividends)
Learnt a new word today.

Why never DCA along the way?

 

[DevilPlate]

Depends on how much profit is considered worthwhile to you?

Define that first?

Sure will profit?

 

[Euqorab]

Helping sallybee quote in the correct tread because it was posted in REIT tread

Why did propnex drop so much in red yesterday?

Wrong thread halo. Propnex isn't a REIT.

 

[Dividends Warrior]

PropNex hit another new high $2.50 in the morning.
A wave of new condo launches coming in Oct.

Skye @ Holland
Penrith @ Queenstown
Faber Residences @ Clementi
Zyon Grand @ Zion Road

 

[Dividends Warrior]

3-Room Flat at Biddari sold at record-high of $930k!

https://sg.news.yahoo.com/three-roo...6BXIvvaOxYDnIsfZGKx40c9cJ28F1Q6PObKtt-D5D60Pf

 

[DevilPlate]

3-Room Flat at Biddari sold at record-high of $930k!

https://sg.news.yahoo.com/three-roo...6BXIvvaOxYDnIsfZGKx40c9cJ28F1Q6PObKtt-D5D60Pf

While newly MOP 4rm at Yishun can get below 700k

 

[yslvlys]

While newly MOP 4rm at Yishun can get below 700k

It's still a crazy amount

 

[Euqorab]

What are your thoughts on competitors?

Previously the well-known property lim brothers and their team were with PropNex, and then they struck out on their own (actually why do agents need these big groups as umbrellas?) more recently the PLB took the franchise for KW realty to Singapore…. there might be more agents shifting over to KW as I notice some social media trends…

Threats to PropNex?

 

[Euqorab]

What are your thoughts on competitors?

Previously the well-known property lim brothers and their team were with PropNex, and then they struck out on their own (actually why do agents need these big groups as umbrellas?) more recently the PLB took the franchise for KW realty to Singapore…. there might be more agents shifting over to KW as I notice some social media trends…

Threats to PropNex?

Would we see a repeat of what happened in the insurance sector during 2016 when there was exodus of representatives from one company to another? Though I didn’t keep track what was the impact to the company seeing the exodus of its representatives…

 

[Dividends Warrior]

What are your thoughts on competitors?

Previously the well-known property lim brothers and their team were with PropNex, and then they struck out on their own (actually why do agents need these big groups as umbrellas?) more recently the PLB took the franchise for KW realty to Singapore…. there might be more agents shifting over to KW as I notice some social media trends…

Threats to PropNex?

When I read the AGM minutes, If I remember correctly, the CEO addressed this question. He mentioned advantages like better economies of scale for admin, marketing, potential sale contacts, databases and systemic training etc.

The smaller boutique agencies are more nimble and can provide more personalised services.

 

[Dividends Warrior]

Hit another new high $2.61 today. Almost a 6-bagger for me! Absolute madness!

 

[V_for_Vanilla]

Hit another new high $2.61 today. Almost a 6-bagger for me! Absolute madness!

Will they do another stock split?

 

[Dividends Warrior]

Will they do another stock split?

I doubt so. Hope for bonus issue like what DBS did.