CityDev    Last:8.36    -0.03

CityDev

why tis one people keep selling like wanna go bust !!!

 

 

Which institutional investors like mistress controlled mgm ?

 

Bleeding badly with this 

 

CdL still not moving and no volume. UOL hit 5.9 today. With RNAV $20 and now trading at $5.02, the bosses should offer a buyout imo. Win win.

 

Go nibble CapitaLand better for 18 cents at cheaper price.

Let this fall under five

ETHunter      ( Date: 24-Mar-2025 15:31) Posted: UOL 5.81 CDL 5.03 Used to be trading at same level. Nibble for 8c dividends.. dyodd

 

UOL 5.81 CDL 5.03 Used to be trading at same level. Nibble for 8c dividends.. dyodd

 

Mention some big names and let them choose their strategic review partners.

okay, see you at their AGM.

Look out for a big and brown guy!

alanchee      ( Date: 18-Mar-2025 15:58) Posted: Management need only mention 'will carry out strategic review or restructuring' sp will surely move up. Maybe someone can raise this issue at forthcoming agm?

 

Management need only mention 'will carry out strategic review or restructuring' sp will surely move up. Maybe someone can raise this issue at forthcoming agm?

 

If their shake up leads to better profits, well and good. If their shakeup is wayang only just for show they are doing something, then forget it. Investors want to see real profits. Markets are profit driven, not merely showbiz

superstartup      ( Date: 18-Mar-2025 12:16) Posted: This I agree. CLI. Keppel Corp. They did some restructuring then because Temasek mandated all the Govt-Linked Corps to do so. This was well covered in various news media. antifragile      ( Date: 18-Mar-2025 12:11) Posted: Share price up or down, their remumerations payout are always there, guarranteed. no reason for them to change the status quo.   You need an activist hedge fund to invest first and shake things up.

 

This episode can trigger a shake up and or restructuring which is good for all shareholders. Otherwise there is no reason for the Kweks to change anything..

antifragile      ( Date: 18-Mar-2025 12:11) Posted: Share price up or down, their remumerations payout are always there, guarranteed. no reason for them to change the status quo.   You need an activist hedge fund to invest first and shake things up.

 

This I agree.
CLI. Keppel Corp. They did some restructuring then because Temasek mandated all the Govt-Linked Corps to do so. This was well covered in various news media.

antifragile      ( Date: 18-Mar-2025 12:11) Posted: Share price up or down, their remumerations payout are always there, guarranteed. no reason for them to change the status quo.   You need an activist hedge fund to invest first and shake things up.

 

Share price up or down, their remumerations payout are always there, guarranteed.

no reason for them to change the status quo.
 

 

The market valuation of a holding company is greatly different from that of a property developer. Especially over at SGX.
This is market dynamics. Market-based. That' s my point.
You can go see how CLI restructured then.
From a discounted NAV (property developer) valuation to a fully valued NAV (holding company) valuation.  While underlying assets mainly remain the same.

MrBear12      ( Date: 18-Mar-2025 09:36) Posted: Whether you call it a holding company or a property developer or Reit, the structure may change, but the underlying business is still the same. If you base your valuation on merely the structure of a company, then it will fluctuate wildly as the structure changes. But if you base your valuation on the underlying businesses, then it will follow the growth or decline of the corresponding business. That will be a clearer picture of the true valuation of cdl. Even cli and keppel profits depend on their respective subsidiaries which in turn influences their valuations. There is no escaping from the importance of their underlying businesses in the corresponding industries. superstartup      ( Date: 18-Mar-2025 09:30) Posted: Restructure into a holding company will do. As market values Holding Company differently from a Property Developer. Just replicate what CLI and Keppel Corp did can liao. The valuation of the company will change overnight. That' s how the market operates

 

Whether you call it a holding company or a property developer or Reit, the structure may change, but the underlying business is still the same.

If you base your valuation on merely the structure of a company, then it will fluctuate wildly as the structure changes. But if you base your valuation on the underlying businesses, then it will follow the growth or decline of the corresponding business. That will be a clearer picture of the true valuation of cdl.

Even cli and keppel profits depend on their respective subsidiaries which in turn influences their valuations. There is no escaping from the importance of their underlying businesses in the corresponding industries.

superstartup      ( Date: 18-Mar-2025 09:30) Posted: Restructure into a holding company will do. As market values Holding Company differently from a Property Developer. Just replicate what CLI and Keppel Corp did can liao. The valuation of the company will change overnight. That' s how the market operates. MrBear12      ( Date: 18-Mar-2025 09:24) Posted: They won't unlock it all at once. Otherwise they will not have anymore earnings. Where do their recurring earnings come from

 

Restructure into a holding company will do.
As market values Holding Company differently from a Property Developer.
Just replicate what CLI and Keppel Corp did can liao.
The valuation of the company will change overnight. That' s how the market operates.

MrBear12      ( Date: 18-Mar-2025 09:24) Posted: They won't unlock it all at once. Otherwise they will not have anymore earnings. Where do their recurring earnings come from? ETHunter      ( Date: 18-Mar-2025 09:23) Posted: CDL should start restructing and unlocking its real value after this episode. RNAV $20! UOL already $5.8.. Dyodd.

 

They won't unlock it all at once. Otherwise they will not have anymore earnings. Where do their recurring earnings come from?

ETHunter      ( Date: 18-Mar-2025 09:23) Posted: CDL should start restructing and unlocking its real value after this episode. RNAV $20! UOL already $5.8.. Dyodd. superstartup      ( Date: 13-Mar-2025 00:28) Posted: Ought to follow UOL, etc to reflect the fair value gains on the investment properties directly into the financial statements for easier reference. Just change the policy for recording investment properties, for which is allowed under Accounting Rules

 

CDL should start restructing and unlocking its real value after this episode. RNAV $20! UOL already $5.8.. Dyodd.

superstartup      ( Date: 13-Mar-2025 00:28) Posted: Ought to follow UOL, etc to reflect the fair value gains on the investment properties directly into the financial statements for easier reference. Just change the policy for recording investment properties, for which is allowed under Accounting Rules. superstartup      ( Date: 13-Mar-2025 00:19) Posted: Capital Recycling RNAV $19.86 Extracted from latest company financial announcement, for easy reference: Net Asset Value (NAV) per share stood at $10.17 as of 31 December 2024. Notably, the Group adopts the policy of stating its investment and hotel properties at cost less accumulated depreciation and impairment losses. Had the Group factored in fair value gains on its investment and hotel properties, its NAV would be as tabled below. 31 December 2024 Revalued NAV 19.86

 

see no evil, hear no evil..

MrBear12      ( Date: 17-Mar-2025 12:07) Posted: I look forward to hearing your report Joelton      ( Date: 17-Mar-2025 12:04) Posted: CDL will give shareholders a proper account, says group CEO Sherman Kwek   With the legal fight within the board of City Developments put behind, the company will give shareholders a proper account, according to group CEO Sherman Kwek.   " This is our responsibility," he told Chinese daily Lianhe Zaobao on March 16.   Sherman was attending the council installation ceremony of the Singapore Chinese Chamber of Commerce and Industry. Kwek, who has long held various positions in Singapore' s largest Chinese business chamber, is one of the council members.   Disputes between Sherman and his father, CDL' s executive chairman Kwek Leng Beng split the company' s board and before the matter was heard in open court, both sides on March 12 announced they had terminated their legal actions.   The company, having reported its full-year results on Feb 26, is slated to hold its annual general meeting on April 23.   " I am glad the lawsuit has been terminated," said Sherman, when asked by Zaobao if his relationship with his father has improved.

 

which piece would you like?...

MrBear12      ( Date: 17-Mar-2025 08:46) Posted: Move on in peace Tob231      ( Date: 17-Mar-2025 07:40) Posted: Court is not the place to hear him. There is no independent agency in SG unlike SEC in USA  A new day has began for CDL, time to move on. More delisting and shrinking of SGX .... we also need to move on 😅 😂 😂 😂 😂 😂

 

that is considered ECA...

eddyeddy      ( Date: 17-Mar-2025 09:19) Posted: That volunteer woman had resigned , that does not mean no more bed time meetings on decision making . moonsun      ( Date: 17-Mar-2025 09:08) Posted: Life goes on.. Despite all the corporate governance issues and accusations.. now they are all good.. Ceo still ceo. Chairman still chairman.. Investor suck thumb.. Dyodd. More headwinds ahead?