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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.
UOL sold 112 residential units in 3Q, versus 58 units in 2Q - THE EDGE SINGAPORE

Results

UOL sold 112 residential units in 3Q, versus 58 units in 2Q

UOL plans to launch another project, Clavon by end of the year.

Broker's Calls

RHB remains 'neutral' on Singapore property sector on expected slower volumes

SINGAPORE (Aug 16): RHB is remaining “neutral” on the Singapore property sector on muted growth in property price in the coming months, impacted by the recent cooling measures. 

Broker's Calls

UOL still a 'buy' despite Singapore's property cooling measures in place

SINGAPORE (July 9): OCBC is maintaining its “buy” call on UOL Group with a lowered fair value estimate of $8.48.

Broker's Calls

Great expectations for UOL Group with healthy residential take-up & visibility

SINGAPORE (June 13): CGS-CIMB Research is reiterating its “add” call on developer UOL Group with an unchanged target price of $9.65, which is based on a 20% discount to RNAV.
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