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OCBC Bank
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chartistkaohz
Elite |
19-Mar-2025 10:36
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Sun Hung Kai was founded in 1963 by three tycoons: Kwok Tak-seng, Fung King-hey, and Lee Shau-kee.
Later, Lee Shau-kee left the group in 1976 to establish Henderson Land Development, which became one of Hong Kong?s leading property developers. |
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chartistkaohz
Elite |
19-Mar-2025 10:34
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As of March 19, 2025, here's a comparison of the valuations and dividend yields of City Developments Limited (CDL) and Sun Hung Kai Properties (SHKP):
City Developments Limited (CDL): Dividend Yield: CDL's current dividend yield is approximately 1.6%, which is below its historical average of 2.1%. Dividend Per Share: The company is expected to pay a dividend of SGD 0.08 per share in 2025, a decrease from SGD 0.10 in 2024. Valuation Metrics: Price-to-Earnings (P/E) Ratio: Approximately 23.15. Free Cash Flow (FCF) Yield: Approximately 16.84%. Sun Hung Kai Properties (SHKP): Dividend Yield: SHKP's dividend yield is approximately 5.15%, with an annual dividend of HKD 3.75 per share. Dividend Growth: Over the past decade, SHKP's dividend payments have increased, and the dividends are covered by earnings with a payout ratio of 62.37%. Valuation Metrics: Price-to-Earnings (P/E) Ratio: Approximately 12.5. Free Cash Flow (FCF) Yield: Approximately 8%. Comparison: SHKP offers a higher dividend yield (5.15%) compared to CDL (1.6%). In terms of valuation, SHKP has a lower P/E ratio (12.5) than CDL (23.15), suggesting SHKP may be more attractively valued based on earnings. Additionally, SHKP's higher FCF yield indicates it generates more free cash flow relative to its market capitalization compared to CDL. Investors seeking income may find SHKP's higher dividend yield appealing, while those focused on valuation metrics might consider SHKP's lower P/E ratio and higher FCF yield as positive indicators. However, it's essential to consider other factors such as growth prospects, market conditions, and individual investment goals when making investment decisions. |
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chartistkaohz
Elite |
18-Mar-2025 15:37
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City Developments Limited (CDL) has an NTA per share of SGD 10.16, and its current share price is SGD 5.08.
To calculate the percentage of the share price relative to the NTA:
\left( \frac{5.08}{10.16} \right) \times 100 = 50.0\%
CDL's current share price of SGD 5.08 is 50.0% of its NTA.
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chartistkaohz
Elite |
18-Mar-2025 15:16
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City Developments Limited (CDL), led by Executive Chairman Kwek Leng Beng, and Henderson Land Development Company Limited, associated with Lee Shau Kee, are prominent real estate developers in Asia. Here's a comparison of their valuations and dividend yields:
City Developments Limited (CDL):
Dividend Yield: As of February 22, 2025, CDL's trailing twelve months (TTM) dividend yield is approximately 1.59%, with a five-year average of 1.69%. The next ex-dividend date is anticipated on May 2, 2025, with a payment date on May 20, 2025.
Valuation Metrics: CDL's price-to-earnings (P/E) ratio stands at 15.48x, and its enterprise value (EV) to EBITDA ratio is 12.55x.
Henderson Land Development Company Limited:
Dividend Yield: As of November 20, 2024, Henderson Land's annual dividend is 1.80 HKD per share, yielding approximately 7.16%. The dividend is distributed semi-annually, with the last ex-dividend date on September 3, 2024.
Valuation Metrics: Specific valuation metrics such as P/E ratio and EV/EBITDA for Henderson Land were not available in the provided sources. For the most accurate and current figures, consulting Henderson Land's official financial reports or reputable financial databases is recommended.
Summary:
Henderson Land Development Company offers a significantly higher dividend yield (7.16%) compared to City Developments Limited (1.59%). However, detailed valuation metrics for Henderson Land are not readily available in the provided sources. Investors should consider both dividend yields and comprehensive valuation metrics when evaluating these companies.
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MrBear12
Supreme |
18-Mar-2025 15:08
Yells: "Cast all our anxieties on Jesus for He cares for us" |
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Would you wait for a deeper correction, or are you planning to accumulate gradually? the latter more  realistic
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chartistkaohz
Elite |
18-Mar-2025 15:06
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If us markets correct another 20% after dropping 10%
That sounds like a solid strategy if you're positioning for a recovery after a U.S. recession.
OCBC & UOB: Singapore banks tend to benefit from strong capital positions, dividend resilience, and regional growth, especially when global markets rebound post-recession. Lower U.S. interest rates after a recession could also support bank stock valuations.
City Developments (CityDev): If a U.S. recession drags global sentiment lower, property stocks like CityDev may get hit, but Singapore's property market tends to be resilient. If you believe in a rebound, buying at depressed valuations could be an opportunity.
Would you wait for a deeper correction, or are you planning to accumulate gradually?
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MrBear12
Supreme |
18-Mar-2025 15:02
Yells: "Cast all our anxieties on Jesus for He cares for us" |
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Would you consider CDL a buying opportunity if legal risks clear up? sure !
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chartistkaohz
Elite |
18-Mar-2025 14:59
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One story in CDL history after tycoon took over it many years ago
Kwek Leng Beng, as the executive chairman of City Developments Limited (CDL) and the patriarch of the Hong Leong Group, has a track record of navigating crises and making bold strategic moves to restore CDL?s strength. If lawsuits against CDL are dropped, here?s why he could make the company great again:
1. Strong Leadership & Experience
Kwek has decades of experience in real estate and has successfully steered CDL through various property cycles. His ability to adapt to changing market conditions and take decisive action will be crucial in turning CDL around.
2. Capital Allocation & Strategic Acquisitions
Without legal distractions, CDL can refocus on acquiring undervalued assets and expanding its portfolio in Singapore and overseas markets like the UK, China, and Australia. Kwek has a reputation for making opportunistic acquisitions when others hesitate.
3. Unlocking Value in Existing Assets
CDL has a strong portfolio of prime properties, including hotels (Millennium & Copthorne) and commercial buildings. Kwek could push for asset enhancement initiatives, divestment of non-core assets, and capital recycling to improve profitability.
4. Boosting Investor Confidence
The lawsuits have been a major overhang on CDL?s stock price. If they are dropped, investor sentiment will improve, and CDL could see a re-rating. Kwek?s personal stake and involvement reassure investors that the company is in capable hands.
5. Leveraging the Property Market Rebound
With global interest rates stabilizing or potentially declining, real estate markets could recover. CDL, under Kwek?s leadership, could capitalize on this trend by launching new projects and optimizing its land bank.
6. Stronger Corporate Governance & Risk Management
After the Sincere Property debacle in China, CDL has likely learned hard lessons. Kwek may implement stricter due diligence and risk controls to avoid similar mistakes in the future, making CDL a more resilient company.
7. Family Legacy & Reputation
Kwek has a strong personal interest in ensuring CDL?s long-term success, given that it?s the flagship company of the Hong Leong Group. He will likely take all necessary steps to restore its reputation and market standing.
If Kwek Leng Beng executes well, CDL could regain its status as a top-tier property developer and investment stock. Would you consider CDL a buying opportunity if legal risks clear up?
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chartistkaohz
Elite |
18-Mar-2025 14:41
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OCBC's $2 billion savings from the redevelopment of Chulia Street can be analyzed in terms of its impact on shareholders on a per-share basis.
Calculation:
1. OCBC's Total Shares Outstanding:
As of recent filings, OCBC has approximately 4.48 billion shares outstanding.
2. Savings Per Share:
$2 billion ÷ 4.48 billion shares = ~$0.45 per share
Implications:
This $0.45 per share is a theoretical amount that could be returned to shareholders in different forms:
Higher dividends
Share buybacks (which could boost EPS and share price)
Strategic investments or acquisitions
Would you like a deeper analysis on how OCBC might deploy these savings?
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MrBear12
Supreme |
18-Mar-2025 14:36
Yells: "Cast all our anxieties on Jesus for He cares for us" |
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君 子 爱 利 养 生
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chartistkaohz
Elite |
18-Mar-2025 14:30
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https://youtube.com/shorts/mqtLaoqCgBo?si=4mRTTdaTYRwZExrS
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MrBear12
Supreme |
18-Mar-2025 14:26
Yells: "Cast all our anxieties on Jesus for He cares for us" |
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萬 歲 毛 主 席 !
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chartistkaohz
Elite |
18-Mar-2025 14:24
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33 小 赵 | 新 加 坡 房 产 咨 询 | 投 资 发 布 了 一 篇 小 红 书 笔 记 , 快 来 看 吧 ! 😆 1yo6aWf3CUS0VZs 😆 http://xhslink.com/a/5zzYMh4YCE77, 复 制 本 条 信 息 , 打 开 【 小 红 书 】 App查 看 精 彩 内 容 !
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MrBear12
Supreme |
18-Mar-2025 14:18
Yells: "Cast all our anxieties on Jesus for He cares for us" |
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千 里 之 行 , 始 于 足 下
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chartistkaohz
Elite |
18-Mar-2025 14:08
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48 商 业 黑 板 报 发 布 了 一 篇 小 红 书 笔 记 , 快 来 看 吧 ! 😆 Ttd1Kv4VGKh9mte 😆 http://xhslink.com/a/C213bFHALB77, 复 制 本 条 信 息 , 打 开 【 小 红 书 】 App查 看 精 彩 内 容 !
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chartistkaohz
Elite |
18-Mar-2025 10:57
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郭 令 明 家 族 的 第 三 代 成 员 确 实 人 数 众 多 , 特 别 是 ?益 ?字 辈 的 堂 兄 弟 姐 妹 之 间 的 竞 争 , 使 得 CDL的 继 承 格 局 一 度 充 满 悬 念 。
郭 令 明 的 大 儿 子 郭 益 智 在 2018年 被 提 名 为 CDL 总 裁 , 结 束 了 ?九 子 夺 嫡 ?般 的 内 部 竞 争 , 成 为 家 族 企 业 的 核 心 接 班 人 。 他 的 小 儿 子 郭 益 慧 也 在 家 族 企 业 中 有 所 参 与 , 但 并 未 像 郭 益 智 那 样 成 为 领 导 者 。 此 外 , 郭 令 明 还 有 一 个 女 儿 , 她 嫁 入 了 韩 国 财 阀 家 族 , 成 为 财 阀 长 子 崔 俊 浩 的 妻 子 , 这 也 使 她 与 韩 国 顶 级 女 明 星 全 智 贤 成 为 妯 娌 , 引 起 外 界 关 注 。 虽 然 家 族 的 继 承 权 之 争 在 2018年 暂 时 尘 埃 落 定 , 但 近 几 年 围 绕 CDL 的 家 族 纷 争 、 特 别 是 ?夺 权 门 ?事 件 , 显 示 出 家 族 治 理 仍 然 面 临 挑 战 。 如 今 , 郭 益 智 作 为 CDL 总 裁 , 仍 需 在 股 东 、 家 族 成 员 及 市 场 之 间 寻 求 平 衡 , 继 续 证 明 自 己 的 能 力 。 |
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chartistkaohz
Elite |
18-Mar-2025 10:51
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https://mp.weixin.qq.com/s/xYKTg3HViOJORDJsKg8xNQ | ||||
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chartistkaohz
Elite |
18-Mar-2025 10:25
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萬 事 起 頭 難
https://mp.weixin.qq.com/s/oaFdJ9RfeCzillKBRbHdnQ |
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MrBear12
Supreme |
18-Mar-2025 10:02
Yells: "Cast all our anxieties on Jesus for He cares for us" |
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君 子 一 言 , 驷 马 难 追
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chartistkaohz
Elite |
18-Mar-2025 09:46
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在 新 加 坡 中 华 总 商 会 第 62届 董 事 会 就 职 典 礼 上 , 城 市 发 展 有 限 公 司 ( CDL) 集 团 总 裁 郭 益 智 首 次 公 开 露 面 。 当 被 记 者 问 及 与 父 亲 郭 令 明 的 关 系 是 否 缓 和 时 , 郭 益 智 并 未 正 面 回 应 , 而 是 用 华 语 表 示 : ?我 很 感 激 , 打 官 司 的 事 情 最 后 取 消 了 。 我 们 将 会 给 股 东 一 个 交 代 , 这 是 我 们 应 该 负 的 责 任 。 ?
此 前 , 城 市 发 展 有 限 公 司 因 对 中 国 协 信 远 创 的 投 资 失 利 , 导 致 集 团 在 2021年 蒙 受 超 过 19亿 新 元 的 净 亏 损 , 这 是 公 司 近 50年 来 首 次 出 现 全 年 净 亏 损 。 这 一 事 件 也 引 发 了 公 司 内 部 的 意 见 分 歧 , 三 名 董 事 因 此 先 后 辞 职 , 其 中 包 括 郭 氏 家 族 成 员 郭 令 柏 。 尽 管 经 历 了 这 些 挑 战 , 郭 令 明 表 示 , 集 团 将 越 战 越 勇 , 变 得 更 强 大 。 |
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