UOL Group

Broker's Calls

Broker’s Digest: OCBC, ComfortDelGro, LHN, UOL, Genting Singapore

Here are some stocks under the brokers' radars this week.
Group behind Hotel 81 buys UOL's Parkroyal Kitchener Hotel for $525 mil - THE EDGE SINGAPORE

Property

Group behind Hotel 81 buys UOL's Parkroyal Kitchener Hotel for $525 mil

UOL will book a gain of $446.2 million

Broker's Calls

DBS keeps 'buy' on UOL on strong sales seen and hospitality recovery

DBS's $8.40 target price is pegged to a 40% discount to its RNAV of $14.00.
ABSD hikes amid dimmer economic outlook a pre-emptive measure: Lee - THE EDGE SINGAPORE

Property

ABSD hikes amid dimmer economic outlook a pre-emptive measure: Lee

The latest round of measures is the "final nail in the coffin" for the residential segment, says CLSA's Wong Yew Kiang
CDL, UOL could be most adversely affected by new property cooling measures among developers: CGS-CIMB - THE EDGE SINGAPORE

Property

CDL, UOL could be most adversely affected by new property cooling measures among developers: CGS-CIMB

The analyst cites CapitaLand Investment as her top pick as it would be the least impacted by the new measures.
With an eye on narrowing discount gap, Citi raises UOL target price to $9.08 - THE EDGE SINGAPORE

Broker's Calls

With an eye on narrowing discount gap, Citi raises UOL target price to $9.08

UOL can consider recycling its core assets into a REIT, and give higher dividends
Digital Core REIT buys back shares amid pressure; Wee family raises stake in UOL Group - THE EDGE SINGAPORE

Insider moves

Digital Core REIT buys back shares amid pressure; Wee family raises stake in UOL Group

REIT does not have any customer or banking relationship with the few troubled US banks

Broker's Calls

UOL Group’s hospitality division growth trajectory remains steady, analysts keep 'buy'

OCBC Investment Research's fair value estimate declines from $8.52 to $8.26.
UOL-Singland JV wins Meyer Park en bloc deal for $392.18 million - THE EDGE SINGAPORE

Property

UOL-Singland JV wins Meyer Park en bloc deal for $392.18 million

Meyer Park was relaunched for collective sale last month, with a reserve price of $390 million.
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