Oxley Holdings kept at 'buy' with 91 cents target price by OSK-DMG

Stock Name: OxleyHldg
Company Name: OXLEY HOLDINGS LIMITED

Research House: OSK-DMG

Price Call: BUY

Target Price: 0.91

SINGAPORE (Nov 19): OSK-DMG has maintained its "buy" call on Oxley with a 91 cents price target.

In a Nov 19 note, analyst Goh Han Peng says Oxley booked more than $3 billion in Singapore presales while its overseas launches are progressing well. Its high gearing is also expected to decline steadily.