SGX:5UXReal Estate
Oxley Holdings (SGX:5UX) Stock Faces Deeper Losses As Revenue Nearly Halves
Oxley Holdings heads into this earnings season with the stock pinned around SGD0.071, after a flat few months that mask a much sharper slide over 90 days. The market has been treating it like a value story with baggage. The latest full year numbers make that baggage hard to ignore. Revenue for the year came in at SGD66.383m in the second half, while the company swung to a sizeable net loss of SGD51.66m over that same period. This is a profit squeeze story, and today’s price action will be all...