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City Developments
Broker's Calls
Where will Brexit leave Singapore investors? UOB has some tips
SINGAPORE (June 17): Despite the threat of Brexit, UOB says it is maintaining its “buy” recommendation on four companies with significant exposure to the United Kingdom: Ho Bee Land, ComfortDelGro, Frasers Hospitality Trust, and City Developments.
June 17, 2016
Broker's Calls
Singapore residential property sales likely 'stabilised': DBS
SINGAPORE (June 17): Singapore’s year-to-date residential sales volume “appears to have stabilised” and property prices are expected to decline at a slower pace, DBS says in a property sector report on Thursday.
June 17, 2016
Singapore’s second-largest developer sees cheaper office deals
SINGAPORE (May 25): City Developments, Singapore’s second-largest developer, may seek to buy offices this year as rising interest rates makes such assets cheaper worldwide.
May 25, 2016
Portfolio: SIA takes a hit while DBS, CDL run; Jumbo, Cogent post solid earnings
SINGAPORE (May 22): There was a host of corporate actions and earnings announcements involving the stocks in our three portfolios this past week. And, our blue-chip holdings made some big moves.
May 23, 2016
City Developments’ 1Q earnings fall 14%; acquires first UK office for $74 mil
SINGAPORE (May 11): City Developments (CDL) posted a 14% fall in 1Q16 earnings to $123.9 million, or 11.6 cents per share, from $144 million in 1Q15. This came on the back of a 11.2% fall in revenue to $723.3 million from $814.9 million.
May 11, 2016