69 per share, on the back of strong sales take-up and acquisitions of good-quality investments. 53 per share on Dec 11. While the market may have overlooked Roxy-Pacific for its size we believe Roxy-Pacific being one of the earliest to landbank in the current market cycle has seven freehold residential developments in Singapore which will be ready to launch in 2018, forex factory news rss websites of which will be launched within Q1 FY2018.
We see this as a window for the group to capture the rise in buyer demand before its peers,” DBS said. In addition, the broker noted that Roxy-Pacific has been beefing up its recurring income and extending its geographical presence overseas. New Zealand and one hotel property in Japan. These properties will start contributing in FY2018, thus raising contributions from investment properties to 35 per cent in FY2018F from 20 per cent in FY2016,” DBS said. However, the broker added that key risks include: slower take-up rates, increased government regulation to manage the Singapore property market, forex fluctuations and acquisitions of less desirable investment properties. Forex Factory is entirely focused on providing high-quality information to forex traders.
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