UPDATE: CDL Hospitality Trusts reports 3Q19 net property income slipped, missing Daiwa forecast
CDL Hospitality Trusts reported Wednesday its 3Q19 net property income fell 1.5 percent on-year to S$35.67 million. The results missed a Daiwa forecast.
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CDL Hospitality Trusts reports flat 2Q19 net property income, missing Daiwa forecast
CDL Hospitality Trusts reported Tuesday second quarter net property income edged up 0.5 percent on-year to S$33.76 million, missing a forecast from Daiwa.
UPDATE: Singapore stocks to watch Thursday: Cordlife, GIC, Singtel, ComfortDelGro, OUE, KIT
These are Singapore companies which may be in focus on Thursday, 6 June 2019: Cordlife, GIC, Singtel, ComfortDelGro, OUE and Keppel Infrastructure Trust.
CDL Hospitality Trusts reports 1Q19 net property income fell 11 percent
CDL Hospitality Trusts reported Tuesday its first quarter net property income fell 10.7 percent on-year to S$33.77 million, missing a forecast from Daiwa.
Turnaround for CDL Hospitality Trusts in sight, analysts say
Analysts were positive on the outlook for CDL Hospitality Trusts, pointing to signs of recovery in the Singapore market. RHB tipped the trust as its…
Singapore stocks to watch Tuesday: M1, Ascott Residence Trust, CDL Hospitality, Yoma
These are Singapore stocks which may be in focus on Tuesday, 28 January 2019: M1 Singapore telco M1 reported on Monday its fourth quarter net…
CDL Hospitality Trusts 4Q18 net property income fell on divestments
CDL Hospitality Trusts reported on Tuesday its fourth quarter net property income fell 5.4 percent on-year to S$38.41 million on the divestment of two Australian…
UPDATE: Singapore stocks to watch Monday: CDL Hospitality Trusts, Dukang Distillers, Keppel, Procurri
These are Singapore stocks which may be in focus on Monday 19 November 2018: Golden Energy Golden Investments (Australia), which is 51 percent owned by…
CDL Hospitality Trusts acquires first hotel in Italy for around 41 million euros
CDL Hospitality Trusts said on Friday that it acquired a 95 percent stake in Hotel Cerretani Florence, MGallery by Sofitel, located in Florence, Italy, for…
Singapore stocks to watch Wednesday: Sembcorp, Cromwell European REIT, ST Engineering, IndoAgri
These are Singapore stocks which may be in focus on Wednesday 31 October 2018: Sembcorp Industries Sembcorp Industries said on Tuesday that it has tied…
CDL Hospitality Trusts reports 3Q18 net property income fell 10 percent on divestments, missing forecast
CDL Hospitality Trusts reported on Tuesday that its net property income for the third quarter fell 10.2 percent on-year to S$36.23 million after the divestment…
OCBC upgrades CDL Hospitality Trusts, but says it’s still not attractive
OCBC upgraded CDL Hospitality Trusts to Hold from Sell, saying that after its recent around 9 percent selloff, it saw a “more reasonable risk-reward,” but…
Singapore stocks to watch Friday: SIA, Mapletree Commercial Trust, Ascendas REIT
Singapore Airlines Singapore Airlines (SIA) said on Thursday fiscal first quarter net profit fell 59 percent to S$139.6 million from S$337.9 million a year ago,…
Singapore hospitality REITs upgraded to Positive by Daiwa as hotel rates recover
Daiwa upgraded Singapore’s hospitality REITs to Positive from Neutral, saying distribution per unit (DPU) yields are now more compelling after recent unit price declines and…
CDL Hospitality cut to Reduce by Nomura as bullish views are priced in
Nomura downgraded CDL Hospitality Trusts to Reduce from Neutral, saying the valuation remained rich despite the unit’s pullback so far this year. CDL Hospitality’s valuations…
Why Singapore REITs are ‘misperceived’ as interest rates rise
Amid rising interest rates, Singapore’s REITs are being “misperceived” as bonds and their valuations aren’t as “expensive” as they might seem, DBS said. “REITs are…
DBS: Time to buy select Singapore office and hotel REITs
It’s time to accumulate selected Singapore office and hotel real-estate investment trusts (REITs), DBS said, adding “green shoots abound.” “After a downturn over the past…