UOL Group

SINGAPORE (May 14): CGS CIMB Research is maintaining its “add” call on UOL Group with a target price of $9.65.

SINGAPORE (May 11): UOL Group reported an 8% fall in 1Q18 earnings ended March to $73.8 million from $80.3 million in 1Q17 a year ago.

SINGAPORE (Apr 18): According to Deutsche Bank, the Singapore property market continues to show strength.

SINGAPORE (Apr 17): CIMB Research is maintaining its projection that developers will launch 10,000 units of private homes in 2018, after total primary home sales rose 68% month-on-month to 788 units in March.

SINGAPORE (Apr 3): OCBC Investment Research is maintaining “overweight” on Singapore’s residential sector with the view that valuations remain compelling for developers.

SINGAPORE (Mar 21): A rising tide is said to lift all boats. But amid a wave of en bloc deals on the back of improving sentiment in the Singapore property sector, SAC Advisors believes some developers could cruise to greater heights than others.

SINGAPORE (Mar 16): CIMB Research is keeping its “overweight” rating on the Singapore property sector, despite primary home sales volume tumbling 61% to 377 units in Feb 2018, from 469 units a year ago.

SINGAPORE (Mar 12): OCBC is optimistic on the operational and earnings outlook of big Singapore developers with strong recurring income streams from diversified investment properties.

SINGAPORE (Mar 6): DBS is maintaining its “buy” call on UOL Group with a higher target price of $10.23, as the group is currently trading at an attractive valuation of about 0.8 times net asset value (NAV) following the consolidation of United Industr

SINGAPORE (Feb 28): CIMB is reiterating its “add” recommendation on UOL Group with a target price of $9.67, which is based on a 20% discount to a higher RNAV of $12.09 after adjusting FY81-19 EPS estimates post the property developer’s 4Q results.