UOL Group (UOL)

Broker's Digest: UOL, APTT, Straits Trading, Yangzijiang, ART, CDLHT - THE EDGE SINGAPORE

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
UOL posts 97% plunge in FY20 earnings to $13.1 mil on fair value losses on investment properties and other losses - THE EDGE SINGAPORE

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.
'Stable' home demand set to carry into 2021, support property sector: CGS-CIMB - THE EDGE SINGAPORE

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.

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.

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. 

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

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-

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.

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

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.
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