Key Insights

• The considerable ownership by private companies in PropNex indicates that they collectively have a greater say in management and business strategy

• 56% of the company is held by a single shareholder (P&N Holdings Pte. Ltd.)

• Insiders have been buying lately

A look at the shareholders of PropNex Limited (SGX:OYY) can tell us which group is most powerful. With 56% stake, private companies possess the maximum shares in the company. Put another way, the group faces the maximum upside potential (or downside risk).

And individual insiders on the other hand have a 24% ownership in the company. Institutions will often hold stock in bigger companies, and we expect to see insiders owning a noticeable percentage of the smaller ones.

Let's delve deeper into each type of owner of PropNex, beginning with the chart below.

Check out our latest analysis for PropNex

What Does The Institutional Ownership Tell Us About PropNex?

Institutional investors commonly compare their own returns to the returns of a commonly followed index. So they generally do consider buying larger companies that are included in the relevant benchmark index.

Less than 5% of PropNex is held by institutional investors. This suggests that some funds have the company in their sights, but many have not yet bought shares in it. If the business gets stronger from here, we could see a situation where more institutions are keen to buy. When multiple institutional investors want to buy shares, we often see a rising share price. The past revenue trajectory (shown below) can be an indication of future growth, but there are no guarantees.

PropNex is not owned by hedge funds. Looking at our data, we can see that the largest shareholder is P&N Holdings Pte. Ltd. with 56% of shares outstanding. This implies that they have majority interest control of the future of the company. With 9.3% and 8.9% of the shares outstanding respectively, Mohamed Ismail Gafoore and Keng Seong Fong are the second and third largest shareholders. Interestingly, the bottom two of the top three shareholders also hold the title of Chief Executive Officer and Member of the Board of Directors, respectively, suggesting that these insiders have a personal stake in the company.

While it makes sense to study institutional ownership data for a company, it also makes sense to study analyst sentiments to know which way the wind is blowing. Quite a few analysts cover the stock, so you could look into forecast growth quite easily.

Insider Ownership Of PropNex

The definition of an insider can differ slightly between different countries, but members of the board of directors always count. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it.