APAC Realty

Trailing EPS of 7.3 cents .
NAV of 39 cents.
PE of 7.93x base on current price of 58 cents .



Looks like value is surfacing for this counter to experience a Gap down from 78 cents and close 20 cents lower at 58 cents .

It is trading below it's IPO price of 66 cents .



Dividend of 2 cents.
Yield of 3.4%.

I think short term wise, we may likely see a throw-back scenario happening for this counter .

We will need to monitor and see whether the rebound is it able to hold up well.



Otherwise , I think market has overly reacted and offering us an opportunity to take a second look for this counter..

Looking at their 1Q2018 result, Net profit had increased from $4.03m to $5.92m.
EPS has risen from 1.3 cents to 1.67 cents.
Cash flow from ops is also pretty healthy.
Cash-on-hands is about $63.5m, zero debts, total no.of share is about 355.1m. Net cash per share is 17.8 cents.

Not a call to buy or sell.

Please do your own due diligence.





Company Description APAC Realty Limited, an investment holding company, provides real estate services in Singapore. It operates through three segments: Real Estate Brokerage Services; Franchise Arrangements; and Training, Valuation and Other Ancillary Services. The company offers property brokerage services for primary and secondary home sales, as well as for the rental of residential, commercial, and industrial properties under the ERA brand name. It also holds the ERA regional master franchise rights for 17 countries in the Asia Pacific; and franchise rights for Singapore for Coldwell Banker, a real estate office and franchising company in the United States. In addition, the company provides training programs and courses for real estate agents in preparation for professional certification exams; undertakes valuation works on behalf of clients, such as financial institutions, government agencies, and property owners; and provides management services for real estate developments. Further, it engages in the rental of properties, workstations, lockers, and furniture products; and provision of professional indemnity insurance, administration, and business conference services. The company was founded in 1982 and is headquartered in Singapore. APAC Realty Limited is a subsidiary of Asia Pacific Realty Holdings Ltd.