Welcome!
UOL Group (UOL)
Property
CGS-CIMB raises FY2022 home price projections; remains 'overweight' on property sector on 'inexpensive valuations'
CGS-CIMB has identified CLI, CDL and UOL Group as its top picks within the sector.
August 24, 2022
Broker's Calls
Citi recommends buying CDL and UOL on share price weakness after cooling measures announced
Citi has given CDL and UOL target prices of $11.02 and $8.87 respectively.
December 24, 2021
Property
UOL Group and Singapore Land Group jointly purchase Watten Estate Condominium en bloc for $550.8 mil
The bid was accepted by the members of the sale committee on Oct 27.
October 28, 2021
Broker's Calls
'Buy' UOL for portfolio rejuvenation, says OCBC
OCBC Investment Research has also given UOL Group a higher fair value estimate of $9.27 from $8.91.
August 19, 2021
Results
UOL sees earnings of $91.3 mil for 1H21, reversing from previous year's losses of $82.1 mil
Shares in UOL closed 3 cents lower or 0.4% down at $7.23 on Aug 12.
August 12, 2021
Broker's Calls
Broker's Digest: UOB, UOL Group, Koufu, Raffles Medical Group, mm2 Asia
See the analysts' recommendations and target prices here.
June 11, 2021
Broker's Calls
CGS-CIMB ups UOL Group's TP to $8 on faster residential sales and new contributions from Ang Mo Kio site
The new target price is still based on a 40% discount to the group’s revised net asset value (RNAV).
June 08, 2021
Broker's Calls
Singapore property sector on the cusp of a virtuous en-bloc cycle: Credit Suisse
Credit Suisse believes en-bloc momentum will pick up in the coming month, easing developers’ land bank concerns.
June 04, 2021
Property
UOL-led JV wins tender for Ang Mo Kio Ave 1 residential site from Urban Redevelopment Authority
The tender was awarded to a joint venture between UOL Group, Singapore Land Group and Kheng Leong Company.
June 02, 2021
Broker's Calls
CGS-CIMB stays 'overweight' on Singapore property sector after March home sales jump
CGS-CIMB believes valuations for Singapore developers are still inexpensive.
April 16, 2021