UOL Group (UOL)

Broker's Calls

CGS-CIMB retains 'overweight' stance on property sector as sales volume rallies

SINGAPORE (Dec 17): CGS-CIMB is keeping the Singapore property sector at “overweight” on the back of a 23% month-on-month increase in home sales recorded in November. 

REITs

REITs have had a good run, yield compression may have come to an end

(Nov 18): Yields on 10-year Singapore Government Securities have been rising, albeit gently from a low base (see Chart 1).

Global Economy

Singapore economy seen softening; UOL, UIC gain on Marina Square deal

SINGAPORE (Apr 22): The latest economic data released this past week paints a softer outlook.

Broker's Calls

Property sector kept at 'overweight' by CGS-CIMB as URA unveils 2019 draft master plan

SINGAPORE (Mar 28): CGS-CIMB Securities is maintaining its “overweight” on property developers given higher possibility of unlocking value from older commercial assets.

Broker's Calls

Sales momentum to turn cold; en-bloc activity to wane as developers rethink strategies

SINGAPORE (July 6): After warning of “market exuberance” in the property market for the past six months, the Singapore government has finally raised Additional Buyer’s Stamp Duty (ABSD) rates by 5

Broker's Calls

CGS-CIMB 'overweight' on developers as latest GLS holds private housing supply steady

SINGAPORE (June 28): Under the latest 2H18 land sale programme, the Singapore government has released land sites for a total of 8,040 residential units -- 2,775 confirmed and 5,335 reserve, 930 hot

Broker's Calls

Opportunity to buy Singapore developers opens up on share price-fundamentals divergence

SINGAPORE (June 27): The divergence between the share price performances of Singapore developers and their actual business fundamentals has presented buying opportunities for investors, says OCBC I

Results

UIC's 1Q earnings up 1% at $60.2 mil

SINGAPORE (Apr 27): UIC, the property group 49.8% owned by UOL, reported a 1% rise first quarter earnings to $60.2 million from $59.4 million on lower cost of sales and lower other losses.

Broker's Calls

UOL kept at ‘buy’ by Maybank on doubling of sales pipeline

SINGAPORE (Apr 27): Maybank is maintaining UOL at “buy” after a consortium led by the group emerged as the sole bidder for a city fringe site at a government land tender.

Broker's Calls

Property sector kept at 'overweight' by CIMB with UOL and CityDev as top picks

SINGAPORE (Apr 3): CIMB is maintain the property and development sector at "overweight" with UOL and City Developments as top picks after q-o-q private homes price hike came in strongest in nearly

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