$PropNex(OYY.SG)Context: One thing I like about PropNex is that its business is easy to understand. When property transa…
$PropNex(OYY.SG)
Context: One thing I like about PropNex is that its business is easy to understand. When property transactions pick up, the agents benefit, and that can flow through to the company’s earnings. Of course, the market won’t always be this active.
My trade: Still holding my shares and collecting along the way. I’m not too concerned about the daily price movements. More interested in how the company performs over the next few quarters.
Takeaway: I’m not expecting PropNex to be some high-growth tech stock lah. 😂 Just looking for a business with a track record, decent earnings and dividends. Sometimes steady is good enough. Let’s see how it goes!
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