Faced resistance at R1 and pull back after hitting high of 191..  Support at 20/50 EMA at 181.    Share price near the bottom of the ascending channel
20EMA should cross above 50EMA next week - Positive for share price.
20EMA should cross above 50EMA next week - Positive for share price.
Breakout from ascending triangle confirmed. Golden cross should happen tomorrow.
On its way to test R2?
On its way to test R2?
JurongW ( Date: 12-May-2026 18:50) Posted:
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Golden cross is imminent, price edging toward upper channel

 

 
Updated chart
Results of the Annual General Meeting - Proposed Renewal of the Share Buy-Back Mandate
 
The Board of Directors of PropNex Limited is pleased to announce that at the Annual General Meeting of the Company held on 23 April 2026, the Ordinary Resolution relating to the Proposed Renewal of the Share BuyBack Mandate of the Company (details of which are set out in the Notice of AGM dated 2 April 2026 and the Appendix) was put to vote by poll and duly passed.
By Order of the Board
Lee Li Huang
Chief Financial Officer and Company Secretary
23 April 2026
By Order of the Board
Lee Li Huang
Chief Financial Officer and Company Secretary
23 April 2026
 
 

AGM presentation
https://links.sgx.com/1.0.0/corporate-announcements/6QVLH8F93978IE97/885353_PXL_AGM%20Slides%20FY2025_23.4.26.pdf
 
https://links.sgx.com/1.0.0/corporate-announcements/6QVLH8F93978IE97/885353_PXL_AGM%20Slides%20FY2025_23.4.26.pdf
 
Disclosure Of Interest/ Changes In Interest Of Director/ Chief Executive Officer - Kelvin Fong Keng Seong
25 Mar - 22,000 shares purchased at $1.6726 Mar - 44,500 shares purchased at $1.68
https://investor.propnex.com/newsroom/20260327_181412_OYY_SZC73IE15BJ6OQ5K.1.pdf
2025 Annual Report
https://investor.propnex.com/newsroom/20260402_072711_OYY_6DAM4B6WA6C09YZ0.1.pdf
Financial highlights (2021 to 2025): pg 22 to 23
Shareholding statistics: Pg 164
Company website:  www.propnex.com
 
https://investor.propnex.com/newsroom/20260402_072711_OYY_6DAM4B6WA6C09YZ0.1.pdf
Financial highlights (2021 to 2025): pg 22 to 23
Shareholding statistics: Pg 164
Company website:  www.propnex.com
 
Beansprout - 2 March (Price target:$2.32)   
https://api2.sgx.com/sites/default/files/2026-04/65.%2003032026_Rated%20Update_Beansprout_Cycle%202_Prop_Nex_FY_2025.pdf
Philip - 3 Mar (Price target:$2.08)
PropNex Target Price S$2.08 - Stock Analyst Research | POEMS
FSM One - 8 Apr  (Price target: $2.70)     
https://api2.sgx.com/sites/default/files/2026-04/7.%2008042026_Rated%20Update_iFAST_PropNex_Cycle%201.pdf
 
https://api2.sgx.com/sites/default/files/2026-04/65.%2003032026_Rated%20Update_Beansprout_Cycle%202_Prop_Nex_FY_2025.pdf
Philip - 3 Mar (Price target:$2.08)
PropNex Target Price S$2.08 - Stock Analyst Research | POEMS
FSM One - 8 Apr  (Price target: $2.70)     
https://api2.sgx.com/sites/default/files/2026-04/7.%2008042026_Rated%20Update_iFAST_PropNex_Cycle%201.pdf
 
All the stars are aligned, pending price breakout from the handle.  Can it happen this week?