APAC Realty

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5 years 1 month ago #24720 by josephyeo
Replied by josephyeo on topic APAC Realty
APAC Realty Limited (APAC Realty, the Company or together with its subsidiaries, the) is a leading real estate services provider in Asia. The Group operates three main business segments real estate brokerage services franchise arrangements and training, valuation and other ancillary services.

APAC Realty's real estate brokerage services are operated by its wholly-owned subsidiary ERA Realty Network Pte Ltd (ERA Realty) under the ERA brand. ERA Realty derives commission-based fees through the provision of property brokerage services for primary sales secondary sales and rental of residential, commercial and industrial properties.

APAC Realty holds the exclusive ERA regional master franchise rights for 17 countries in Asia Pacific, acquired from Realogy Group LLC. Through its ERA franchisee network, the Group has one of the largest brand footprints in Asia with more than 17,800 salespersons across 637 offices in 10 countries.
The Group also holds the master franchise rights for Singapore for Coldwell Banker, one of the oldest and most established real estate office and franchising companies in the United States.

ERA Realty is one of the largest ERA Member Brokers globally by transaction value, and is also one of Singapore's largest real estate agencies with 6,660 agents registered as at 28 February 2019. As an industry pioneer, ERA Realty has constantly been at the forefront of technological innovations with an emphasis on enhancing agent productivity and service excellence for the past 37 years.

APAC Realty's wholly-owned subsidiary Realty International Associates Pte Ltd (RIA) operates training programmes and courses for real estate agents in preparation for professional certification exams and as part of continuing professional development regulations. RIA also undertakes valuation work on behalf of clients, such as financial institutions, government agencies and property owners, and provides management services for real estate developments.

The Company is headquartered in Singapore. Guided by its core values of Unity, Integrity, Innovation, Gratitude and Passion, APAC Realty seeks to fulfil its vision of being the real estate company of choice for clients and real estate salespersons.

Note: above write up is taken from APAC Realty Annual Report 2018

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5 years 3 weeks ago - 5 years 3 weeks ago #24736 by josephyeo
Replied by josephyeo on topic APAC Realty
It appears that the company is on the move w various initiatives/events in 2018.
(see annual report 2018).

There was no let up in 2019 too w many initiatives taking place ...
1. Cambodia
2. Hainan
3.Thailand
4. Indonesia.
See earlier posting.

With these initiatives going on, it is hard to fathom what the company would be like in 2 to 5 years time. Should these initiatives prove successful, APAC Realty would be grossly under valued.

I am vested for the long term. In the meantime am look forward to the generous dividends w yield of 7 plus percent based on current price.

Noted ... company has a dividend policy of distributing 50% or higher of the company' s profit. Profit distributed for year 2018 was 66%.

DYODD.
Last edit: 5 years 3 weeks ago by josephyeo. Reason: pparagraphing

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5 years 1 week ago #24757 by josephyeo
Replied by josephyeo on topic APAC Realty
currently trading at 54/54.5 cts. At 54.5 cts, the trailing p/e is 7.9 X
and dividend yield is 8.2%.

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4 years 11 months ago #24800 by bluesky3000
Replied by bluesky3000 on topic APAC Realty
Oh wow, okay thanks for that.

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4 years 11 months ago - 4 years 11 months ago #24808 by josephyeo
Replied by josephyeo on topic APAC Realty
Hi bluesky3000, pls noted that Apac 1Q result was much lower than previous year same quarter. This means that dividend to be declared will be lower n the p/e ratio will be higher. I expect dividend to be in the region of 2.0 to 2.5 cts per share giving a yield of around 5%

Apac Realty is a long hold for me. I believe that when the property market improve the share price is likely to go along w it. Another point is the off shore initiatives the company had taken. Once these come on stream, the financial results of Apac could be greatly boosted. But these are still unknown n one need to watch n see how these projects are coming along.

On the whole i am positive long term. Am quite heavily vested. Dyodd
Last edit: 4 years 11 months ago by josephyeo. Reason: spelling

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4 years 11 months ago #24809 by josephyeo
Replied by josephyeo on topic APAC Realty
Just for info:

1. DBS research recommend a buy w target of 58 cts. Report date 14 May ' 19

2. Philip Securities recommend buy w target of 65 cts. Report date 3 June ' 19

3. RHB Invest recommend buy w target of 67.0 cts. Report date 14 May ' 19

Vested. Dyodd

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