UOL

Sector Focus

Singapore residential sector expected to show first rebound in 4 years

SINGAPORE (Sept 28): OCBC is maintaining an “overweight” rating on Singapore’s property sector.

Broker's Calls

Property market could spring to life in Oct

SINGAPORE (Sept 25): Maybank Kim Eng expects a busy month ahead for the local property market.

Broker's Calls

8 Singapore REITs & property stocks to ‘buy’ on improving market sentiment: DBS

SINGAPORE (Aug 28): DBS Group Research is positive on Singapore’s property stocks and REITs given the real estate market is expected to continue enjoying firmer fundamentals going into 2018.

Broker's Calls

Developers kept at ‘positive’ by Maybank on resurgent en bloc market

SINGAPORE (Aug 25): Maybank KimEng believes investors’ rising concerns that escalating land prices could lead to a margin squeeze for property developers, are overblown.

Property

Property sector kept at ‘overweight’ by CIMB on robust July home sales

SINGAPORE (Aug 16): CIMB is maintaining its “overweight” call on property development and investment stocks given robust home sales in July which doubled from June as volume takeup continued to outpace new launches. Its top picks include UOL, CapitaLa

Results

UOL 2Q earnings rise 59% to $109.4 mil

SINGAPORE (Aug 4): UOL reported 2Q17 earnings rose 59% to $109.4 million from a year ago due mainly to higher progressive recognition of revenue from Principal Garden, a condominium project in Singapore, higher share of profit from associated companies an

Broker's Calls

Six blue-chip property stocks to ‘buy’ on improving sentiment

SINGAPORE (July 10): Maybank Kim Eng is maintaining its “positive” stance on Singapore’s property sector on improving market sentiment and robust bids in recent government land tenders.

UOL a step closer to achieving ‘statutory control’ of UIC in share swap deal with Haw Par

SINGAPORE (June 23): UOL and Haw Par have entered into a share swap deal for shares in United Industrial Corporation (UIC).

Broker's Calls

Is the en-bloc fever back?

SINGAPORE (June 2): Within one week, three en-bloc sales were closed with the latest being MCL Land putting a robust $765 million bid for Eunosville.

Broker's Calls

This top developer pick has room to keep on running

SINGAPORE (May 15): Maybank Kim Eng is reiterating its “buy” call on UOL as its top sector pick, raising its price target to $8.30 from $7.93 to reflect the higher market value of UIC and target price of UOB.
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