|Bid||2.57 x 0|
|Ask||2.59 x 0|
|Day's range||2.57 - 2.59|
|52-week range||2.54 - 2.97|
|PE ratio (TTM)||8.96|
|Earnings date||9 Nov 2017 - 13 Nov 2017|
|Forward dividend & yield||N/A (N/A)|
|1y target est||2.82|
Its acquisition of a stake in United Engineers led the boost in earnings. Perennial Real Estate Holdings' (PREH) profits for the nine months of 2017 surged by 711.11% YoY to $73m, up from $9m last year. According to DBS Equity Research, this was boosted by share of a gain on a bargain purchase of United Engineers (UE) of S$19m and gains recognised in 1H17.
The deal for the property group could be announced this month. The century-old Singapore property group United Engineers may have just found its buyer. Bloomberg Markets reported that United Engineers ...