| Latest Forum Topics / CityDev Last:8.24 -- |
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CityDev
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TradeExpert
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25-Mar-2022 11:01
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Lolxx. You need to do more homework little bro.  Developers will probably feel stress in FY2024/25 when interest rates are higher and if supplies are not quickly absorbed by markets when alot of projects TOP around that timing.   
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tedlim
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25-Mar-2022 10:21
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Property giant waking up | ||||
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ETLee8
Master |
25-Mar-2022 10:00
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Aiyah, it is individual assessments.  Now u think u are right because the share price goes up. Good luck to u. I still maintain that it is all desperately prop up.  Fundamentals are still not good yet. DYODD  
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TradeExpert
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25-Mar-2022 09:37
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You talk too much. Keep saying lots of negativity about the counter will go down alot. But markets go against you wor.  It simply show the level of understanding that you have and how little you know about how developer works/run. To you probably sell means need money desperately.  CDL is one of the most shrewd developer in Singapore. Just look at the warchest that CDL has before you comment to avoid making a fool out of yourself. Lolxx If you have short, hide for cover and good luck to you.  ![]() It' s heading for $8.  ![]()
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TradeExpert
Veteran |
25-Mar-2022 09:28
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Another counter to watch is Hong Fok (H30). A potential delisting company and an undervalue counter. Now trading at a heavily discounted pricing.  There is a proposed delisting in the HKEX. Proposed delisting likely on the cards on the SGX |
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ETLee8
Master |
24-Mar-2022 15:42
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Bro Pastime, U smoke a lot.  Macham Puff the dragon !!!  Too much no good lah. Ha Ha Ha, continue to dream.
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chartistkao1
Supreme |
24-Mar-2022 14:33
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Finally cdl share going to break $8 in 2022 | ||||
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pasttime
Supreme |
24-Mar-2022 14:23
Yells: "gold silver are real money. not others iou." |
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citydev is more then a cigar butt puff. 1. div of 8c and special 1c excd on 4 May pay 26 May  (1 puff) 2. approval of distribution in specie of 0.159 cdl htrust in agm on 28 Apr 22. (2 puff) 3.  including the korean hotel sale profit and change to the various financial matrix due to improvement in debt and cash. got more special dividend or not? (potential 3rd puff) 4. approval of tanglin shopping center enbloc sale by strata titles board. the sale value of $868m. city dev  owns 34.6% of share value and 60.2% of strata area.  happy occasion for this asset sale as cost was low . city dev own it since 1981. got special dividend boh?  (potential 4th puff) 5. listing of UK commercial reits.  this will increased liquidity and increased asset under management. increased management fee. (5th puff)  some said this is bad news as it did not happen in 2021 as plan. but i think, since it has not happen and hotel occupancy and rates has improved from 2021,  two more asset are also included into the reits. it is good news waiting to happen. i also hope they do another distribution in specie to shareholders for this reits. (5th puff) 6. launch of residential component of fuji xerox towers redevelopment. the project has a potential uplift of gfa by 25%. if the cost is accounted for evenly then it is highly profitable residential units sale. 7. more openning up of covid-19 restrictions which was the cause of why hotel has been under pressure for the past two years. all good thing must come to end so is the bad thing. hopefully the covid-19 can come to a conclusion sooner then later. so many more other puff. and since management is  willing to review their hotel property asset. hopefully more good news on the way. more special dividend and distribution in specie is my extra hope. but if enough number of shareholders shows keen interest in these surely by communicating it during agm will be a push factor for it to happen. dyodd   |
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ETLee8
Master |
24-Mar-2022 13:22
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A lot of support from analysts artificially but profitability is extremely weak. Property counters are inversely proportional to Interest Rates Hike.  This year US expect to raise interest rate 6 more times. CDL will hv to continue sell off some more assets to repay their hefty bank loans.  In a nice way, the term divest is always used. (normally one do not divest during bad times) Those who makes money, good luck to you. DYODD  
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chartistkao1
Supreme |
24-Mar-2022 13:11
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You can groom citydev to $10 stock but not other kind of grooming at $7.58
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chartistkao1
Supreme |
24-Mar-2022 13:06
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And use ocbc dividend to buy citydev when it drops in oct
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chartistkao1
Supreme |
24-Mar-2022 13:03
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To buy one lot of ocbc at $12.3 you just sell two lots of Ifast at $6.13 and get 4.5% dividend yield from coming ocbc dividend payout
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chartistkao1
Supreme |
24-Mar-2022 09:57
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I liked cdl at $7.54 and Genting at $0.82 it is cigar butt price | ||||
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TradeExpert
Veteran |
24-Mar-2022 09:50
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The Counter is trending upwards... As of now $7.54.  | ||||
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TradeExpert
Veteran |
21-Mar-2022 10:33
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They are not selling. They are divesting their risks which is a prudent move.  Alot of sg developers these days will JV bid for projects to spread out risks. It' s very common and need to look deep into it rather than speculate. 
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Ovywind
Veteran |
17-Mar-2022 18:26
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Now I can see clear breakout at 7.5  just need to sustain above 7.5 which is strogest resistance  lets hope CDL  when is dividents date ?
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pasttime
Supreme |
17-Mar-2022 18:08
Yells: "gold silver are real money. not others iou." |
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fund continue to buy +$15.1m last week. retailer continue to be net sellers. bear cry may have fool these into selling. in Mar their jv project The Jovell has sold out. excd 9cents on 4 may, pay 26 May. distributions of 0.159 shares of cdk htrust for each citydev subject to conditons and shareholders approval. improving hotel sale with more vtl and opening up of many countries. stpb is active to promote singapore tourism. signed agreement with agoda. another agreement with airasia. in next financial report the korea hotel sale, and the distributions of cdl htrust therefore resulting in lower consolidated debt will be reflected,  potential listing of uk hotel reits. hope they retain some for distributions to reward shareholders. asset light approached is in vogue. tanglin shopping center enbloc sale will be positive as well. when enough ants bite the elephant can be taken down. |
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ETLee8
Master |
16-Mar-2022 10:49
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Ya, recovery stalled as exposure in UK, Europe, Russia, Georgia unknown????
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wavesurfer
Member |
15-Mar-2022 22:14
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Sorry, Chiong southwards | ||||
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wavesurfer
Member |
14-Mar-2022 21:27
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This is my only green boy amid a sea of red. Hope CDL can chiong this week. | ||||
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