ValueBull
commented on
$CityDev (C09.SG)$
$UOL (U14.SG)$
I expect laggards like CDL to outperform UOL soon. Best protection against USD decline is to invest in property stocks
not alot of people know that rate cuts are immediately profit accretive to CDL.
$UOL (U14.SG)$
I expect laggards like CDL to outperform UOL soon. Best protection against USD decline is to invest in property stocks
not alot of people know that rate cuts are immediately profit accretive to CDL.
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$CityDev (C09.SG)$
Federal Reserve chairman Jerome Powell gave a speech yesterday night emphasizing that "Rate cuts are not on a PRE-SET PATH"
This is extremely bullish for CDL as it implies that the Federal reserve is open to rate cuts of MORE THAN 75bps for this year.
$Citigroup (C.US)$ Citi analyst has earlier this year forecasted that the Fed could potentially cut rates BY UP TO 225BPS. ( see article source here) OCBC turns defensive to ‘protect interest income’ as rate cuts loom
The signal fr...
Federal Reserve chairman Jerome Powell gave a speech yesterday night emphasizing that "Rate cuts are not on a PRE-SET PATH"
This is extremely bullish for CDL as it implies that the Federal reserve is open to rate cuts of MORE THAN 75bps for this year.
$Citigroup (C.US)$ Citi analyst has earlier this year forecasted that the Fed could potentially cut rates BY UP TO 225BPS. ( see article source here) OCBC turns defensive to ‘protect interest income’ as rate cuts loom
The signal fr...
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$CityDev (C09.SG)$
this is the most important analysis disclosed by CDL.
As illustrated above a 5% DROP IN THE VALUE of the USD will boost CDL profit by $17.5m while a 5% INCREASE IN THE VALUE of GBP will boost CDL profit by $17.9m
The USD is currently on a downtrend against the SGD while the GBP is on an uptrend against the SGD.
both currency directions are in CDL favour. this is another factor that will support bullish price action due to improving fundamentals
this is the most important analysis disclosed by CDL.
As illustrated above a 5% DROP IN THE VALUE of the USD will boost CDL profit by $17.5m while a 5% INCREASE IN THE VALUE of GBP will boost CDL profit by $17.9m
The USD is currently on a downtrend against the SGD while the GBP is on an uptrend against the SGD.
both currency directions are in CDL favour. this is another factor that will support bullish price action due to improving fundamentals
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ValueBull
commented on
$CityDev (C09.SG)$ Continuing to increase positions, see you at the end of the year!
Translated
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$CityDev (C09.SG)$
ECB, BOE and Federal reserve are dropping interest rates. this in turn leads to lower interest expense which will lead to HIGHER net income
ECB, BOE and Federal reserve are dropping interest rates. this in turn leads to lower interest expense which will lead to HIGHER net income
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$HUI XIAN REIT (87001.HK)$ $LONGFOR GROUP (00960.HK)$ $CHINA VANKE (02202.HK)$
Hui Xian Reit owns a portfolio of Mostly Tier 1 city properties with their flagship Asset located in Beijing
The REIT performance has bottomed with only upside expected from now on.
There are 3 main Growth drivers for The REIT to revert back to being profitable
1) Higher tourism activities from domestic travelling and international travelling
2) improved performance of Hotel Operations and retail leasing activities
3) Lo...
Hui Xian Reit owns a portfolio of Mostly Tier 1 city properties with their flagship Asset located in Beijing
The REIT performance has bottomed with only upside expected from now on.
There are 3 main Growth drivers for The REIT to revert back to being profitable
1) Higher tourism activities from domestic travelling and international travelling
2) improved performance of Hotel Operations and retail leasing activities
3) Lo...
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ValueBull
commented on
$CityDev (C09.SG)$
to further provide some background on CDL
Sherman Kwek has repeatedly highlighted that the stock is very undervalued. earlier this year share buyback was conducted at an average price of $5.85/ share
It is ridiculous that CDL continues to trade at prices during the COVID Pandemic.
alot of short sellers has piled in by shorting the stock after certain fund managers had to exit due to CDL losing its attractiveness. the tide has now turned and future is bright for CDL
to further provide some background on CDL
Sherman Kwek has repeatedly highlighted that the stock is very undervalued. earlier this year share buyback was conducted at an average price of $5.85/ share
It is ridiculous that CDL continues to trade at prices during the COVID Pandemic.
alot of short sellers has piled in by shorting the stock after certain fund managers had to exit due to CDL losing its attractiveness. the tide has now turned and future is bright for CDL
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$CityDev (C09.SG)$
when Federal reserve, Bank of England and bank of England cuts rates at the same time, the effect results in LOWER interest charges from CDL
every 1% drop in interest rates results in $55M additional income for CDL as disclosed in their annual report
when Federal reserve, Bank of England and bank of England cuts rates at the same time, the effect results in LOWER interest charges from CDL
every 1% drop in interest rates results in $55M additional income for CDL as disclosed in their annual report
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$Wilmar Intl (F34.SG)$
3Q business updates will be coming out on the first week of November which would show stable profit improvement and growing sales volume. 4Q results is where I expect improved profitability due to higher Sugar and Palm oil prices and higher sales of consumer products and medium pack and bulk products.
improvement in net income is also expected from lower trade finance expenses with Wilmar guiding that net effective interest rates have likely peaked for the year.
Wilmar wil...
3Q business updates will be coming out on the first week of November which would show stable profit improvement and growing sales volume. 4Q results is where I expect improved profitability due to higher Sugar and Palm oil prices and higher sales of consumer products and medium pack and bulk products.
improvement in net income is also expected from lower trade finance expenses with Wilmar guiding that net effective interest rates have likely peaked for the year.
Wilmar wil...
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ValueBull : to be fair, it has already gone up from 2.80