External broker reports(aggregated public sources), RHB Invest

RHB Invest

RHB Investment Bank is one of the leading capital market players in Malaysia. Supported by an award-winning research team of experienced product specialists, RHB Group Investment Banking offers a full range of investment banking products and services covering primary markets, such as advisory (corporate & debt restructuring, mergers and acquisitions, takeovers), fundraising via both equity and debt instruments, and secondary markets including securities trading for both institutional and retail clients.

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External broker reports(aggregated public sources)

RHB Investment Bank is one of the leading capital market players in Malaysia. Supported by an award-winning research team of experienced product specialists, RHB Group Investment Banking offers a full range of investment banking products and services covering primary markets, such as advisory (corporate & debt restructuring, mergers and acquisitions, takeovers), fundraising via both equity and debt instruments, and secondary markets including securities trading for both institutional and retail clients. 

Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

Equity Bottom-Up

<ul><li>APAC Realty's 1Q23 net profit missed expectations amid a sharp slowdown in residential transactions.</li><li>Recent cooling measures in April are expected to further dampen resale volume but new sales transactions should see a slight uptick in 2H23, supported by more new launches.</li><li>APAC Realty (SGX:CLN)'s 1Q23 net profit fell sharply by 67% y-o-y, impacted by a 48% decline in new home brokerage revenue on the back of lower new launches while resale and rental segment revenue declined by 13%.</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

APAC Realty's 1Q23 net profit missed expectations amid a sharp slowdown in residential transactions.Recent cooling measures in April are expected to further dampen resale volume but new sales transactions should see a slight uptick in 2H23, supported by more new launches.APAC Realty (SGX:CLN)'s 1Q23 net profit fell sharply by 67% y-o-y, impacted by a 48% decline in new home brokerage revenue on the back of lower new launches while resale and rental segment revenue declined by 13%.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

APAC Realty - Weighed Down By Cooling Measures

APAC Realty Ltd

APAC Realty - Weighed Down By Cooling Measures