C09.SI - City Developments Limited

SES - SES Delayed Price. Currency in SGD
9.56
+0.10 (+1.06%)
As of 4:35PM SGT. Market open.
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Previous close9.46
Open9.45
Bid9.55 x 0
Ask9.56 x 0
Day's range9.42 - 9.57
52-week range9.22 - 13.60
Volume1,298,800
Avg. volume2,330,187
Market cap8.693B
Beta1.20
PE ratio (TTM)17.45
EPS (TTM)0.55
Earnings date7 Nov 2018 - 12 Nov 2018
Forward dividend & yield0.08 (0.85%)
Ex-dividend date2018-04-27
1y target est11.84
  • CDL sees strong residential sales in 2Q2018, net profit up 48.9%
    EdgeProp7 days ago

    CDL sees strong residential sales in 2Q2018, net profit up 48.9%

    Singapore-listed property giant City Developments Limited (CDL) reported a strong performance for 2Q2018, with revenue up 59.2% y-o-y to $1.36 billion 47.6% to $2.42 billion for 1H2018. Net profit in 2Q2018 was up 48.9% to $235 million and for 1H2018, it was up 37.9% to $368.9 million.

  • CDL’s carbon emission reduction now scientifically validated
    Property Guru28 days ago

    CDL’s carbon emission reduction now scientifically validated

    City Developments Ltd (CDL) has emerged as the first Singapore property developer to have its carbon emission reduction assessed and validated by the Science Based Targets Initiative

  • Shares Investment28 days ago

    SI Research: City Developments – Turning Into A Falling Knife

    City Developments (CDL), a powerhouse in Singapore’s property sector, saw around $1.7 billion being taken off its market capitalisation as its share price plunged over 17 percent to as low as $9.22 within the first few minutes of trading on 6 July 2018. Meanwhile, investors who rode the upward movement in share price since $11.50 as at our previous coverage on 14 August 2017 would have been decently rewarded for cashing out as the developer’s shares traded around its 52-week high price of $13.52 in March 2018.

  • City Developments Limited Is Trading Close To Its 52-Week Low Price: Is It Cheap Now?
    Motley Foollast month

    City Developments Limited Is Trading Close To Its 52-Week Low Price: Is It Cheap Now?

    This article compares City Developments Limited's (SGX: C09) current valuation to the market.

  • CDL to invest HK$237.8 mil in IPO of China’s E-House
    EdgeProplast month

    CDL to invest HK$237.8 mil in IPO of China’s E-House

    City Developments Limited (CDL) will invest HK$237.81 million ($41.4 million) in China’s data-based real estate agency E-House, which has filed to list on the Hong Kong Stock Exchange by the end of this month.

  • Reuterslast month

    BRIEF-City Developments To Invest Hk$237.8 Mln In IPO Of E-House

    July 10 (Reuters) - City Developments Ltd: * PDF 1: CITY DEVELOPMENTS LIMITED (NEWS RELEASE - CDL TO INVEST HK$237.81 MILLION IN IPO OF E-HOUSE) * CDL TO INVEST HK$237.81 MILLION IN IPO OF E-HOUSE Source ...

  • Why Did City Development Limited Shares Fall By 15.6% on Friday?
    Motley Foollast month

    Why Did City Development Limited Shares Fall By 15.6% on Friday?

    Here's why City Developments Limited (SGX:C09) fell the most among the blue-chip property stocks.

  • With An ROE Of 5.68%, Has City Developments Limited’s (SGX:C09) Management Done Well?
    Simply Wall St.2 months ago

    With An ROE Of 5.68%, Has City Developments Limited’s (SGX:C09) Management Done Well?

    This analysis is intended to introduce important early concepts to people who are starting to invest and want to better understand how you can grow your money by investing inRead More...

  • Shares Investment2 months ago

    2 Property Developers To Buy For Residential Property Recovery

    According to Urban Redevelopment Authority’s (URA) data, the private residential property price index rose 3.9 percent quarter-on-quarter in 1Q18, ahead of its initial 3.1 percent flash estimate. The stronger-than-expected rebound signals that the four-year slump is indeed over and Singapore’s residential property market is in the early stages of a recovery.

  • Shares Investment2 months ago

    Investors’ Corner (Sasseur REIT, City Developments, Sunpower Group, Sembcorp Industries)

    Sasseur REIT (Sasseur) offers a unique and compelling investment proposition with its portfolio of 4 outlet mall properties in China’s Tier-2 cities of Chongqing, Hefei and Kunming. Outlet malls are at the forefront of China’s fast-growing retail format and are potent draws for the burgeoning middle class with a combination of premium product offerings, discounted prices and malls that incorporate lifestyle elements. Hence, we foresee Sasseur’s market to grow at 24% CAGR from 2017 – 2021E. There is downside protection to Sasseur’s distributions as operational risks are transferred to its sponsor through embedded entrusted management agreements structures, which provide for minimum fixed rents with upside potential via a variable component linked to the sales performance of its retail tenants. In addition, acquisition outlook is supported by $700m - $850m of debt headroom as well as 2 right-of-first-refusal assets and 3 third-party pipeline properties which could potentially triple its existing net lettable area. Initiate BUY. Maybank Kim Eng (7 Jun)

  • CDL announces senior appointments for property development and asset management
    EdgeProp3 months ago

    CDL announces senior appointments for property development and asset management

    City Developments Limited (CDL) will appoint Yvonne Ong as its CEO, commercial, from June 6. Prior to joining CDL this year, Ong had been at CapitaLand from 2011 and was commercial head of global asset management. Before that, she was head of real estate at Cambridge Industrial Trust Management Limited.

  • Reuters3 months ago

    SE Asia Stocks-Most follow Asia lower; Philippines down 1.7 pct

    * Philippines snaps three sessions of gains * Indonesia falls for a third straight session * By Karthika Suresh Namboothiri May 16 (Reuters) - Most Southeast Asian stock markets slipped on Wednesday tracking ...

  • Analysts positive on City Developments' ride on residential segment recovery
    EdgeProp3 months ago

    Analysts positive on City Developments' ride on residential segment recovery

    SINGAPORE (May 14): City Developments Limited (CDL) on May 11 reported 1Q18 earnings ended March dropped 16.3% to $80.0 million from $95.6 million in 1Q17.

  • The Tapestry selling price could reach $1,250 psf
    Singapore Business Review5 months ago

    The Tapestry selling price could reach $1,250 psf

    Analysts have high expectations as it is near Tampines projects with prices that breached $1,102 psf. City Developments Limited (CDL) is lifting expectations after it announced that it is intending to launch its The Tapestry condominium project this coming Saturday on 24 March. OCBC Investment Research expects an average selling price of $1,250 psf for The Tapestry.

  • CityDev Q4 profit crashed 23.4% to $186.7m
    Singapore Business Review6 months ago

    CityDev Q4 profit crashed 23.4% to $186.7m

    It did not have Hong Leong City Center’s revenue boost in 2016. City Developments Limited (CDL) profits crashed by 23.4% YoY to $186.7m in Q4 2017. Its full-year profit of $538.2m represented a fall of 17.6%, as it did not have its performance boosted by a sizeable contribution from Hong Leong City Center in Suzhou unlike in 2016.

  • CityDev wins bids for Handy Road and West Coast Vale
    Singapore Business Review6 months ago

    CityDev wins bids for Handy Road and West Coast Vale

    Selling price of Handy Road units is poised to exceed $2,500 psf ppr. City Developments Limited (CDL) submitted the winning bids for two land parcels at Handy Road and West Coast Vale, the Urban Redevelopment ...

  • Shares Investment7 months ago

    Investors’ Corner (City Developments, Singapore Press Holdings, HRNetGroup, Venture Corporation)

    According to flash estimates, Urban Redevelopment Authority’s overall private residential price index rose 0.7% in 4Q17 with prices increasing across all three sub-segments.

  • CDL to get boost from stronger home sales
    Singapore Business Review7 months ago

    CDL to get boost from stronger home sales

    It will launch New Futura and the 861-unit condominium project at Tampines Ave 10. City Developments Ltd's (CDL) domestic land-bank is poised to benefit from stronger home sales at their launch pipeline ...

  • CityDev chairman urges M&C minority shareholders to accept takeover offer
    Singapore Business Review8 months ago

    CityDev chairman urges M&C minority shareholders to accept takeover offer

    The chairman of City Developments Limited (CDL) Kwek Leng Beng defended the share price for the takeover of Millennium & Copthorne (M&C), which was contested by a group of shareholders. According to a letter, M&C’s operating performance has been weak in recent years and as a consequence, the shares in of the company have not performed well. "The CDL Board concluded that it would be in the best interests of all M&C shareholders for CDL to make an offer which will afford the minority investors in M&C the opportunity to exit their holdings at a material premium to the share price available in the market prior to the start of the offer period," Kwek said.

  • Chart of the Day: Which developer has the largest unsold inventory?
    Singapore Business Review8 months ago

    Chart of the Day: Which developer has the largest unsold inventory?

    MCL Land and CityDev each have around 2,000 units of unsold land. This chart from DBS Equity Research shows developers MCL Land and City Developments Limited (CDL) have around 2,000 units each in unsold ...