Flochin
2022-06-27

$PROPNEX LIMITED(OYY.SI)$Had been watching this for some time and finally accumulated some for long and medium term.   It's been beaten down about 18% from it's high for the last half year.  Techically it's now reversing its trend.  Dividend is about 8% and has been consistent and increasing year on year.  

One draw back though.  Its trading volume is not as high as those of the finance sector.   If you expect quick entry and fast exit to get rich fast, this is definitely not the right candidate.   

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Comments

  • WendyDelia
    2022-06-27
    WendyDelia
    yeah the chart looks nice. But we should be careful with the reits stocks now
    • Flochin
      This is not a REIT but a real estate brok erage. As the property prices increase in Singapore, so will the profit to these real estate brokerage.
  • WayneEvans
    2022-06-27
    WayneEvans
    yeah, be cautious with the Reits stocks now
    • Flochin
      This is not a REIT but real estate brokerage. They are totally different in business nature.
  • EvanHolt
    2022-06-28
    EvanHolt
    Great post, looking forward to your next post.
  • ngmkc
    2022-06-28
    ngmkc
    yes
  • ariesyn
    2022-06-28
    ariesyn
    ooo
  • Csboi
    2022-06-28
    Csboi
    Ok
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