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5381-5400 of 5622
Think Tdy going short hv a better grip of winning
Biffeen123 ( Date: 31-Aug-2016 16:27) Posted:
done 20 lots shorting... delicious meal coming yr way
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done 20 lots shorting... delicious meal coming yr way
shortng another 10K at 8.52 again
Like free $$$ drop down from the sky when everyone flee away and the price drop...
Done with my10K short selling .waiting to buy back
look like monday till today all red so can short sell
Let' s short sell this stock
SINGAPORE (June 30): United Overseas Bank says it has temporarily stopped funding London properties as it awaits more clarity on the fallout of the British vote last week to leave the European Union.
&ldquo As the aftermath of the UK referendum is still unfolding and given the uncertainties, we need to ensure our customers are cautious with their London property investments,&rdquo the bank says.
UOB says it will regularly assess the market environment to determine when to restart offering loans for London property.
fundamental showing sign of weakness, especially today when most blue chips counter all very green,
except this one, flashing red becon to invite bb/funds to sell it down,
go with the flow to make some money or side line to pick up bargain after the battle is done,
do not stand in the line of fire...
waters ( Date: 12-May-2016 11:45) Posted:
City Developments&rsquo 1Q earnings fall 14% acquires first UK office for $74 mil
SINGAPORE (May 11): City Developments (CDL) posted a 14% fall in 1Q16 earnings to $123.9 million, or 11.6 cents per share, from $144 million in 1Q15. This came on the back of a 11.2% fall in revenue to $723.3 million from $814.9 million.
Subdued performance from the property development and hotel operations segments were to blame for the weaker top and bottom lines, says CDL.
CDL also announced the purchase of its first office building redevelopment property in the UK for £ 37.4 million ($73.5 million).
Known as Development House, the property is located at 56-64 Leonard Street in Shoreditch, an established location for the Technology, Media and Telecoms sector.
&ldquo The existing six-storey office building measuring 28,266 sf can potentially be redeveloped into a nine-storey office building with about 90,000 sf including ancillary retail space at the ground floor,&rdquo says CDL in its filing to the Singapore Exchange.
With the latest acquisition, CDL has a pipeline of 14 overseas development projects in Australia, China, Japan and the UK.
In 1Q, CDL&rsquo s property development segment reported lower profits due to the absence of contribution from The Palette and H2O Residences following their completion in 2015, reduced contribution from Coco Palms, Jewel@Buangkok and UP@Robertson Quay.
In addition, included in 1Q15 were profits from The Rainforest Executive Condominium (EC) which were recognised in their entirety upon obtaining Temporary Occupation Permit (TOP) under the prevailing accounting standards for ECs.
The hotel operations segment was also impacted by weak trading performance from a number of the group&rsquo s hotels in key gateway cities, coupled with the competitive hospitality environment faced in major regions, which led to lower room rates and occupancy.
Shares of CDL closed 0.12% higher at $8.04.
- See more at: http://smr.theedgemarkets.com/article/city-developments%E2%80%99-1q-earnings-fall-14-acquires-first-uk-office-74-mil?utm_source=Singapore+Market+Report& utm_campaign=b3318bc0ad-CDL_posts_14_fall_in_1Q_earnings_acquire5_11_2016& utm_medium=email& utm_term=0_46b7beec93-b3318bc0ad-90565217#sthash.JTMBhFQm.dpuf
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wow this one new shortist favorite! every day just sell sure win! from 8.80 wohooo!
BB love to short sell this one
Wow $8.80. Gap up this morning
Credit Suisse has an OUTPERFORM rating on the stock with a target price of $11.70.
They expect CityDev to be re-included into the FTSE index. The quarterly review is due to be announced on June 2. The inclusion of its third asset monetisation deal could drive further upside, allowing CDL to crystallise balance sheet value.
Haha. $8.46 liao.
| Brokerge |
Target Price |
| CIMB |
$10.32 |
| DBS |
$9.60 |
| Maybank KE |
$9.82 |
| OCBC |
$9.89 |
| RHB |
$9.35 |
| UOB |
$10.86 |
| Daiwa |
$11.17 |
City Developments Limited: Softer 1Q16 results but within expectations
CDL&rsquo s 1Q16 PATMI and revenues declined 14.4% and 11.2% YoY to S$105.3m and S$723.3m, respectively, mainly due to muted performances from the domestic property development and hotel business segments. Over the quarter, the group was impacted by the absence of profits from completed residential developments, including the Rainforest EC for which profits were recognized wholly upon TOP in the corresponding quarter last year (1Q15), while the group&rsquo s hotel segment was also impacted by a difficult competitive environment in key gateway cities which led to lower room rates and occupancy. We judge this set of results to be broadly within expectations 1Q16 PATMI now comprises 17.6% of our full year forecast and we expect a back-loaded FY16 in terms of profit recognition, particularly as contributions from its overseas development projects roll in from 2H16. Maintain BUY with an unchanged fair value estimate of S$9.89. (Eli Lee)
1Q16 results mostly in line or slightly below most analysts' forecast.
Bought a little on dip to test the market and found that what I got were all coming from foreign houses (Credit Suisse, BNP, JP Morgan and Instinet) !
City Developments&rsquo 1Q earnings fall 14% acquires first UK office for $74 mil
SINGAPORE (May 11): City Developments (CDL) posted a 14% fall in 1Q16 earnings to $123.9 million, or 11.6 cents per share, from $144 million in 1Q15. This came on the back of a 11.2% fall in revenue to $723.3 million from $814.9 million.
Subdued performance from the property development and hotel operations segments were to blame for the weaker top and bottom lines, says CDL.
CDL also announced the purchase of its first office building redevelopment property in the UK for £ 37.4 million ($73.5 million).
Known as Development House, the property is located at 56-64 Leonard Street in Shoreditch, an established location for the Technology, Media and Telecoms sector.
&ldquo The existing six-storey office building measuring 28,266 sf can potentially be redeveloped into a nine-storey office building with about 90,000 sf including ancillary retail space at the ground floor,&rdquo says CDL in its filing to the Singapore Exchange.
With the latest acquisition, CDL has a pipeline of 14 overseas development projects in Australia, China, Japan and the UK.
In 1Q, CDL&rsquo s property development segment reported lower profits due to the absence of contribution from The Palette and H2O Residences following their completion in 2015, reduced contribution from Coco Palms,
Jewel@Buangkok and
UP@Robertson Quay.
In addition, included in 1Q15 were profits from The Rainforest Executive Condominium (EC) which were recognised in their entirety upon obtaining Temporary Occupation Permit (TOP) under the prevailing accounting standards for ECs.
The hotel operations segment was also impacted by weak trading performance from a number of the group&rsquo s hotels in key gateway cities, coupled with the competitive hospitality environment faced in major regions, which led to lower room rates and occupancy.
Shares of CDL closed 0.12% higher at $8.04.
- See more at: http://smr.theedgemarkets.com/article/city-developments%E2%80%99-1q-earnings-fall-14-acquires-first-uk-office-74-mil?utm_source=Singapore+Market+Report& utm_campaign=b3318bc0ad-CDL_posts_14_fall_in_1Q_earnings_acquire5_11_2016& utm_medium=email& utm_term=0_46b7beec93-b3318bc0ad-90565217#sthash.JTMBhFQm.dpuf
Heavily shorted ..
spore1 ( Date: 14-Apr-2016 12:52) Posted:
Is gd to lock in profit
spore1 ( Date: 12-Apr-2016 16:18) Posted:
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Real chiong. In spore, nothing is more rewarding than investing in seasoned blue chips (apart from properties), provided u have the holding power. Buy at ur comfort level when people decide to whack them down to ridiculous levels. Proven time n again, they' ll recover phenomenally.
john_ric ( Date: 21-Apr-2016 13:11) Posted:
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unstoppable!
closing px shoot up.
