$CityDev (C09.SG)$ STRONG SGD stance by MAS is a boon to CDL as they benefit strongly from a weaker USD and lower interest rate environment.
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jusgod
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Mayb something not right with CDL........ I used to believe it's a value stock but a guru just told me that always rem value stocks must pay good dividends even if it's stock price doesn't move...... Else it's no meaning holding it......... There seems some true to it.......
ValueBull
OP
jusgod
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CDL has paid dividends in line with market return for property stocks. the case for CDL is buying property assets BELOW replacement cost
jusgod
Deep Sea
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Definitely will continue to hold for a long time since already hold for few years. Just frustration what kind of lousy management they have.....
$CityDev (C09.SG)$ 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 $17.9m The USD is currently on a downtrend against the SGD while the GBP is on an uptrend against the SGD. both currency directions are in CDL favour. this is another factor that will support bullish price action due to improving fundamentals
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UOB sees a rising risk that the reversal of monetary policy tightening may be delayed to the MPS in July instead. As November’s core inflation met the expectations of the consensus, Citi Research economist Kit Wei Zheng notes that core momentum moderated to 0.19% m-o-m according to his seasonal adjustments. Core inflation, however, accelerated to 2.91% on a three-month moving average (3M...
My 2024 wish is to see Moo can provide compatitive exchange rate ( SGD to US) so that I can invest more US stocks using my SGD account. Currently I already negative when buy and sell due to our poor exchange rate.
Hola Mooers! Here are 3 reasons why S&P 500 ($S&P 500 Index (.SPX.US)$) and Nasdaq 100 ($NASDAQ 100 Index (.NDX.US)$) stocks remains attractive. 1. Right from the start of 2023, it was already mentioned that the US economy was stronger than reported (*1). 2. The second-quarter performance is so strong that it defies recession fears in the US economy (*2). 3. The US economy was so strong that it is now the strongest in the G7 (*3).
jusgod : Mayb something not right with CDL........ I used to believe it's a value stock but a guru just told me that always rem value stocks must pay good dividends even if it's stock price doesn't move...... Else it's no meaning holding it......... There seems some true to it.......
ValueBull OP jusgod : CDL has paid dividends in line with market return for property stocks. the case for CDL is buying property assets BELOW replacement cost
jusgod : Their dividend have reduce quite abit...... Same as the stock price. Been holding some years and patience is waning........
Deep Sea jusgod : U probably need to wait for Nov and Dec rate cut to propel the stock up.
jusgod Deep Sea : Definitely will continue to hold for a long time since already hold for few years. Just frustration what kind of lousy management they have.....
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