$オーマイホーム(OMH.US)$actually it seems to do relatively better than the market when the whole property market was down in 2023. Seeing$PropNex(OYY.SG)$and$APAC Realty(CLN.SG)$brokerage rev dropping 20% vs their 8% drop in brokerage, maybe they are actually gaining market share?
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GudBoy :
This is a micro mini property firm with big dreams. They have invested in the necessary technologies to drive sales , including property management. But these are just the tools. OMH needs the bodies to get results . Need to higher staff and people who can bring in clients and follow thru with closing deals. This year will thus be pivotal: can they execute and bring in the business? Ideas need to be translated into action and the accounts will show who is contributing to the bottom line. Actually all segments should be firing and clinching deals from Feb onwards. Dragon year should be bringing in new drive and desire to soar.
PropNex's revenue and EPS forecasts downgrade indicates deteriorating business conditions. Despite the predicted slowdown, PropNex is still expected to outpace the broader industry. The extent of the downgrades might make the market more cautious of the business.
$PropNex (OYY.SG)$https://sbr.com.sg/residential-property/news/new-private-home-sales-record-lowest-drop-in-16-years $APAC Realty(CLN.SI) $PropNex(OYY.SI) Photo: Swire Properties Delays in obtaining sales permits impacted new launches. New private residential sales dropped by 9.6%, the lowest record in 16 years since 2008 when 4,264 units were sold during the global financial crisis, Savills Research reported. According to Savills, delays in obtaining the relevant sales permits which impac...
GudBoy : This is a micro mini property firm with big dreams. They have invested in the necessary technologies to drive sales , including property management. But these are just the tools. OMH needs the bodies to get results . Need to higher staff and people who can bring in clients and follow thru with closing deals. This year will thus be pivotal: can they execute and bring in the business? Ideas need to be translated into action and the accounts will show who is contributing to the bottom line. Actually all segments should be firing and clinching deals from Feb onwards. Dragon year should be bringing in new drive and desire to soar.