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City Developments (CDL)
Broker's Calls
UOB Kay Hian keeps ‘buy’ on CDL on the back of ‘resilient’ operating performance in the 1QFY2022
Photo: Samuel Isaac Chua
June 01, 2022
Property
CityDev, CapitaLand Investment mind the NAV and share price gap
City Developments and other developers mull discount between share price, NAV and RNAV
March 03, 2022
Results
CDL reports 2HFY2021 earnings of $129.7 mil; plans distribution in specie of CDLHT units worth 19.1 cents
Including cash dividend of 12 cents, CDL's total payout for FY2021 will hit 31.1 cents
February 25, 2022
Broker's Calls
Brokers' Digest: HRNetGroup, Ascendas REIT, Sembcorp Industries, Raffles Medical Group, CDL, ST Engineering
See the analysts' recommendations and target prices here.
November 25, 2021
Broker's Calls
Analysts see ‘positive catalysts emerging’ for CDL; RHB ups TP to $9
Analysts are upbeat on CDL's strong residential sales for its new launches.
November 22, 2021
Broker's Calls
Broker's Digest: CDL, Raffles Medical Group, PropNex, Centurion Corp, Top Glove
See the analysts' recommendations and target prices here.
September 23, 2021
Right Timing
International Plaza’s reserve price unlikely to boost Hong Fok’s NAV
International Plaza's reserve price of $2.7 billion is unlikely to boost Hong Fok's NAV given its share in one unit
September 02, 2021
1000th issue
The next 20 years: As financialisation of real estate continues, developers may restructure
The next 20 years: As financialisation of real estate continues, developers may restructure
September 01, 2021
Property
CDL and MCL Land secure $847 mil in green loans for joint developments
The loans will be used to finance developments at Northumberland Road and Tengah Garden Walk.
August 31, 2021
Company in the news
How Fuji Xerox Towers could boost City Development's future RNAV
Fuji Xerox Towers' redevelopment looks set to provide substantial boost to City Developments' RNAV
August 16, 2021