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City Developments Limited (SG:C09)
SGX:C09
C09 Stock Chart & Stats
Day’s Range― - ―
52-Week RangeS$5.00 - S$6.20
Previous CloseN/A
Volume1.25M
Average Volume (3M)982.66K
Market Cap
$4.60B
Enterprise ValueN/A
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)14.0
Beta0.99
Next Earnings
Feb 26, 2025EPS Estimate
0.27Last Dividend Ex-Date
Aug 20, 2024Dividend Yield1.56%
Share Statistics
EPS (TTM)0.36
Shares Outstanding909,301,330
10 Day Avg. Volume952,220
30 Day Avg. Volume982,657
Standard DeviationN/A
R-SquaredN/A
AlphaN/A
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)2.10
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
S$6.87Price Target Upside36.03% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
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City Developments News
PremiumCompany Announcements
MCK Halts FY24 Dividend Amid Takeover Conditions
PremiumCompany Announcements
City Developments Announces Strategic Board Committee Restructuring
PremiumCompany Announcements
CDLHH NZ Plans Full Takeover of Millennium & Copthorne HotelsPremiumCompany Announcements
MCK Independent Directors Reject Low Takeover Offer
PremiumCompany Announcements
City Developments Enhances Board with New Independent DirectorsPremiumCompany Announcements
CDL: Leading Global Sustainability in Real Estate for 16 YearsPremiumCompany Announcements
Millennium & Copthorne Responds to CDL Hotels’ Takeover Notice
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Bulls Say, Bears Say
Bulls Say
Hospitality GrowthCity Developments is expected to benefit from Singapore's strong hospitality tailwinds as the hospitality segment continues to grow with international concerts and MICE events.
Joint Venture And DevelopmentThe joint venture with Lianfa Group in Shanghai's Xintiandi area is set to be redeveloped into a luxury project with a potential gross development value of RMB 13bn – 16bn, implying potential margins of north of 20%.
ValuationCity Developments is trading at an attractive valuation at 0.6x P/NAV, below the low seen during the global financial crisis, indicating a good long-term buy opportunity.
Bears Say
Financial LeverageHigh net gearing with a rise to 70% following recent acquisitions could pose financial risk.
Hospitality SegmentHospitality segment continues to improve, albeit with slower growth, with 1H24 portfolio RevPAR increasing by 3% YoY to S$156.
Residential MarketA decline in residential prices in Singapore is expected to cap any upside potential for the stock, particularly affecting unsold inventories in high-end and executive segments.
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Options Prices
Currently, No data available
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Ownership Overview
0.02% Insiders
2.48% Mutual Funds
<0.01% Other Institutional Investors
93.74% Public Companies and
Individual Investors
C09 FAQ
What was City Developments Limited’s price range in the past 12 months?
City Developments Limited lowest share price was S$5.00 and its highest was S$6.20 in the past 12 months.
What is City Developments Limited’s market cap?
City Developments Limited’s market cap is $4.60B.
When is City Developments Limited’s upcoming earnings report date?
City Developments Limited’s upcoming earnings report date is Feb 26, 2025 which is in 5 days.
How were City Developments Limited’s earnings last quarter?
Currently, no data Available
Is City Developments Limited overvalued?
According to Wall Street analysts City Developments Limited’s price is currently Undervalued.
Does City Developments Limited pay dividends?
City Developments Limited pays a Annually dividend of S$0.019 which represents an annual dividend yield of 1.56%. See more information on City Developments Limited dividends here
What is City Developments Limited’s EPS estimate?
City Developments Limited’s EPS estimate is 0.27.
How many shares outstanding does City Developments Limited have?
City Developments Limited has 909,301,330 shares outstanding.
What happened to City Developments Limited’s price movement after its last earnings report?
Currently, no data Available
Which hedge fund is a major shareholder of City Developments Limited?
Currently, no hedge funds are holding shares in SG:C09
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City Developments Stock Smart Score
Neutral
1
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4
5
6
7
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9
10
Analyst Consensus
Moderate Buy
Average Price Target:
S$6.87 (36.03% Upside)
S$6.87 (36.03% Upside)
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-13.64%
12-Months-Change
Fundamentals
Return on Equity
3.75%
Trailing 12-Months
Asset Growth
6.85%
Trailing 12-Months
Company Description
City Developments Limited
City Developments Ltd. is an investment holding company, which engages in the property development and ownership. It operates through the following segments: Property Development, Hotel Operations, Rental Properties, and Others. The Property Development segment develops and purchases properties for sale. The Hotel Operations segment owns and manages hotels. The Rental Properties segment develops and purchases investment properties for sale. The Others segment comprises of club operator and owner, investment in shares, property management, project management and consultancy services; and provides information technology and procurement services. The company was founded on September 7, 1963 and is headquartered in Singapore.
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C09 Stock 12 Month Forecast
Average Price Target
S$6.87
▲(36.03% Upside)
Technical Analysis
Best Analysts Covering C09
1 Year
1 Year Success Rate
4/5 ratings generated profit
1 Year Average Return
+9.56%
reiterated a sell rating 6 months ago
Copying Xuan Tan's trades and holding each position for 1 Year would result in 80.00% of your transactions generating a profit, with an average return of +9.56% per trade.
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