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UOL Group (UOL)
Broker's Calls
Broker's Digest: UOL, APTT, Straits Trading, Yangzijiang, ART, CDLHT
Take a look at these stocks this week: UOL, APTT, Straits Trading, Yangzijiang, ART, CDLHT
March 12, 2021
Results
UOL posts 97% plunge in FY20 earnings to $13.1 mil on fair value losses on investment properties and other losses
The board has proposed a first and final dividend of 15 cents per share for the FY2020.
February 26, 2021
Broker's Calls
'Stable' home demand set to carry into 2021, support property sector: CGS-CIMB
December 2020 new home sales rose 130% y-o-y and 54% m-o-m to 1,265 units.
January 19, 2021
Sustainability
UOL Group secures first green loan of $120 mil for Pan Pacific Orchard
UOL says the 23-storey hotel will set a new benchmark for green hospitality including self-sustaining sky terraces which features rainwater harvesting systems and solar cells to light up the gardens.
July 29, 2020
Broker's Calls
CGS-CIMB retains 'overweight' stance on property sector as sales volume rallies
SINGAPORE (Dec 17): CGS-CIMB is keeping the Singapore property sector at “overweight” on the back of a 23% month-on-month increase in home sales recorded in November.
December 17, 2019
REITs
REITs have had a good run, yield compression may have come to an end
(Nov 18): Yields on 10-year Singapore Government Securities have been rising, albeit gently from a low base (see Chart 1). Similarly, yields on 10-year US Treasuries are also rising, from a low of 1.4% in September to 1.945% as at Nov 11 (see Chart 2). On
November 15, 2019
Global Economy
Singapore economy seen softening; UOL, UIC gain on Marina Square deal
SINGAPORE (Apr 22): The latest economic data released this past week paints a softer outlook. Non-oil domestic exports (NODX) data for March released on April 17 indicates Singapore growth contracted 11.7% y-o-y, a sharp swing from the growth of 4.8% y-o-
April 22, 2019
Broker's Calls
Property sector kept at 'overweight' by CGS-CIMB as URA unveils 2019 draft master plan
SINGAPORE (Mar 28): CGS-CIMB Securities is maintaining its “overweight” on property developers given higher possibility of unlocking value from older commercial assets.
March 28, 2019
Broker's Calls
Sales momentum to turn cold; en-bloc activity to wane as developers rethink strategies
SINGAPORE (July 6): After warning of “market exuberance” in the property market for the past six months, the Singapore government has finally raised Additional Buyer’s Stamp Duty (ABSD) rates by 5 ppts and tightened Loan-to-Value (LTV) limits by 5 p
July 06, 2018
Broker's Calls
CGS-CIMB 'overweight' on developers as latest GLS holds private housing supply steady
SINGAPORE (June 28): Under the latest 2H18 land sale programme, the Singapore government has released land sites for a total of 8,040 residential units -- 2,775 confirmed and 5,335 reserve, 930 hotel rooms and 124,200 sqm of commercial space.
June 28, 2018