Latest Forum Topics / CityDev Last:5.03 -- |
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CityDev
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ETHunter
Master |
27-Mar-2025 13:26
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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. | ||||
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MrBear12
Supreme |
24-Mar-2025 19:31
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Go nibble CapitaLand better for 18 cents at cheaper price.
Let this fall under five
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ETHunter
Master |
24-Mar-2025 15:31
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UOL 5.81 CDL 5.03 Used to be trading at same level. Nibble for 8c dividends.. dyodd | ||||
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MrBear12
Supreme |
18-Mar-2025 16:02
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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!
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alanchee
Senior |
18-Mar-2025 15:58
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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? | ||||
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MrBear12
Supreme |
18-Mar-2025 14:24
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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
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ETHunter
Master |
18-Mar-2025 13:09
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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..
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superstartup
Elite |
18-Mar-2025 12:16
Yells: "Enjoy doing Fundamental Research" |
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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.
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antifragile
Senior |
18-Mar-2025 12:11
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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.  
 
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superstartup
Elite |
18-Mar-2025 11:42
Yells: "Enjoy doing Fundamental Research" |
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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.
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MrBear12
Supreme |
18-Mar-2025 09:36
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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.
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superstartup
Elite |
18-Mar-2025 09:30
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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.
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MrBear12
Supreme |
18-Mar-2025 09:24
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They won't unlock it all at once. Otherwise they will not have anymore earnings. Where do their recurring earnings come from?
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ETHunter
Master |
18-Mar-2025 09:23
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CDL should start restructing and unlocking its real value after this episode. RNAV $20!
UOL already $5.8.. Dyodd.
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tongphlp
Supreme |
18-Mar-2025 09:17
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see no evil, hear no evil..
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tongphlp
Supreme |
18-Mar-2025 09:03
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which piece would you like?...
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tongphlp
Supreme |
18-Mar-2025 08:44
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that is considered ECA...
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tongphlp
Supreme |
17-Mar-2025 15:21
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same old broken record...yes, I lost $2b in China....but not bad already, could have lost $4b instead!  i have nothing, except $$....and lots of it..:)
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MrBear12
Supreme |
17-Mar-2025 12:07
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I look forward to hearing your report
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Joelton
Supreme |
17-Mar-2025 12:04
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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.
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