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City Developments (CDL)
Broker's Calls
Brokers' Digest: HRNetGroup, Ascendas REIT, Sembcorp Industries, Raffles Medical Group, CDL, ST Engineering
See the analysts' recommendations and target prices here.
November 25, 2021
Broker's Calls
Analysts see ‘positive catalysts emerging’ for CDL; RHB ups TP to $9
Analysts are upbeat on CDL's strong residential sales for its new launches.
November 22, 2021
Broker's Calls
Broker's Digest: CDL, Raffles Medical Group, PropNex, Centurion Corp, Top Glove
See the analysts' recommendations and target prices here.
September 23, 2021
Right Timing
International Plaza’s reserve price unlikely to boost Hong Fok’s NAV
International Plaza's reserve price of $2.7 billion is unlikely to boost Hong Fok's NAV given its share in one unit
September 02, 2021
1000th issue
The next 20 years: As financialisation of real estate continues, developers may restructure
The next 20 years: As financialisation of real estate continues, developers may restructure
September 01, 2021
Property
CDL and MCL Land secure $847 mil in green loans for joint developments
The loans will be used to finance developments at Northumberland Road and Tengah Garden Walk.
August 31, 2021
Company in the news
How Fuji Xerox Towers could boost City Development's future RNAV
Fuji Xerox Towers' redevelopment looks set to provide substantial boost to City Developments' RNAV
August 16, 2021
Right Timing
City Developments’ future RNAV gets boost as redevelopment takes shape
The redevelopment of Fuji Xerox Towers which could start in 2022 and complete in 2025 could add 80 cents to CDL's RNAV
August 13, 2021
Broker's Calls
Analysts keep 'buy' call on CDL, expect better performance in 2H21
Analysts believe CDL's shares are currently trading at attractive valuations.
August 13, 2021
Results
CDL reports $32.1 mil loss for 1H21; special interim dividend of 3 cents per share declared
CDL's net loss of $32.1 mil is a reversal from $3.1 mil in net profit logged the year before.
August 12, 2021