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UOL Group (UOL)
Budget 2024
Sheng Siong, Jumbo, Kimly, CDL, UOL, Sembcorp and Keppel expected to benefit from Budget 2024, says CGS International
The measures proposed at the Singapore Budget 2024 was fairly expected, say analysts Lock Mun Yee and Lim Siew Khee.
February 20, 2024
Broker's Calls
Brokers' Digest: OCBC, Delfi, CDL, Raffles Medical Group, UOL, Singtel, ESR-LOGOS REIT
See what the analysts have to say this week.
October 06, 2023
Broker's Calls
Redevelopment of Marina Square ‘decent RNAV accretion’ of 4% to 6% for UOL, says Citi
Citi's Brandon Lee has kept his "buy" call and target price of $9.08 on UOL.
October 02, 2023
Broker's Calls
Proposed rezoning of Marina Square could have 'significant upsides' to NAVs, says DBS
SingLand is currently trading at a P/B of 0.4x while UOL Group is trading at a P/B of 0.5x.
September 18, 2023
Property
SingLand applies for Marina Square site to be rezoned: ST
Based on SingLand’s annual report for the FY2022 ended Dec 31, 2022, the mall has a committed occupancy of 98%.
September 18, 2023
Results
UOL’s 1HFY2023 earnings down by 64% y-o-y to $135 mil mainly on lower fair value gains
During the 1HFY2023, UOL’s gross profit dipped by 1% y-o-y to $503.2 million while gross profit margin stood at 37%.
August 10, 2023
Property
UOL Group, CapitaLand JVs win tender for Tampines Ave 11 site for $1.21 bil
The transaction will be mainly financed from bank borrowings and proportionate shareholders’ loans.
July 11, 2023
Broker's Calls
CGS-CIMB analysts reshuffle ESG stock picks to include OCBC, remove ComfortDelGro and DBS
CGS-CIMB Research analysts say that their ESG portfolio has outperformed the STI and SGXSULE by 25% and 26%.
May 11, 2023
Results
UOL Group reports earnings of $120.8 mil for 2HFY2022, 44% lower y-o-y
A first and final dividend of 15 cents per share has been declared, along with a special dividend of 3 cents per share.
February 27, 2023
Property
Goldman Sachs downgrades CDL to 'sell' and UOL to 'neutral' after third round of cooling measures
CDL was downgraded to "sell" with a TP of $8.05 while UOL was downgraded to "neutral" with a TP of $7.60.
February 21, 2023