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GuocoLand
Property
GuocoLand unveils design for Guoco Midtown at Beach Road
SINGAPORE (Apr 22): GuocoLand has unveiled the design of Guoco Midtown, the 950,600 sf mega mixed-use development at Beach Road.
April 22, 2019
Broker's Calls
Bukit Sembawang, Oxley and GuocoLand downgraded by Maybank on property curbs
SINGAPORE (July 10): Property stocks Bukit Sembawang, Oxley and GuocoLand have had their recommendations downgraded by Maybank Kim Eng in light of new measures to cool the property market and keep price increases in line with economic fundamentals.
July 10, 2018
Broker's Calls
Time is ripe for developers as housing demand remains strong: Maybank KE
SINGAPORE (June 20): Maybank Kim Eng is remaining positive on Singapore’s property sector on expectations of the recent home-price rally to continue, with buying opportunities arising from the current share price weakness among developers.
June 20, 2018
Results
GuocoLand posts 7% rise in 3Q earnings to $31.5 mil
SINGAPORE (Apr 26): Property group GuocoLand saw its earnings increase 7% to $31.5 million for the 3Q ended March, from $29.6 million a year ago.
April 26, 2018
Broker's Calls
GuocoLand gets welcome exposure to prime district 9 from acquisition of Pacific Mansion
SINGAPORE (Mar 20): Maybank and CIMB are maintaining their "buy” calls on GuocoLand following news of the developer’s joint en bloc acquisition of Pacific Mansion for a total of $980 million.
March 20, 2018
Broker's Calls
GuocoLand kept at 'buy' by Maybank on compelling valuation
SINGAPORE (Feb 5): Maybank Kim Eng is maintaining its "buy" on GuocoLand given its compelling valuation when compared to larger developer peers and office REITs.
February 05, 2018
Broker's Calls
GuocoLand to continue enjoying strong earnings momentum ahead: CIMB
SINGAPORE (Feb 2): CIMB Research is maintaining its “add” call on GuocoLand while raising its target price to $2.88 from $2.82 previously, after tweaking RNAV projections post the property developer’s 2Q18 financial results.
February 02, 2018
Broker's Calls
Maybank stays positive on Singapore property developers amid mortgage rate hike
SINGAPORE (Jan 16): Maybank Kim Eng Research is keeping its “positive” rating on Singapore’s real estate sector as property developer stocks are expected to ride on the market’s cyclical upturn.
January 16, 2018
Property
New project launches to benefit developer stocks as cyclical upturn continues
SINGAPORE (Jan 16): Maybank Kim Eng remains “positive” on Singapore’s property sector while flagging UOL and City Developments (CDL) as the best large-cap proxies as the market continues its cyclical upturn.
January 16, 2018