2020-03-10 . markets http://www.i3investor.com/servlets/stk/3508.jspRights Issue ? The OCBC Bank group of businesses (OCBC) comprises a family of companies owned by Singapore's longest-established local bank. OCBC Investment Research has lowered its fair value estimate of City Developments Ltd (CDL) to S$10.64 from S$10.74 previously, while CGS-CIMB has lowered its target price on the counter to S$10.10 from S$10.13.Nonetheless, both OCBC and CGS-CIMB have maintained their "buy" and "add" calls respectively, citing value creation from CDL's redevelopment plans.As at 3.45pm on Friday, CDL shares were trading at S$8.43, down S$0.03 or 0.4 per cent. "It was thus also not surprising that CDL announced the proposed redevelopment of its Fuji Xerox Towers and Central Mall properties," OCBC said, adding that these initiatives to unlock value would be supported by CDL's balance sheet strength.Separately, CGS-CIMB has cut its FY20-FY21 earnings per share forecast for CDL by 11.4 per cent to 45.8 per cent to factor in continued losses from its global hospitality business. Could be. "While there are signs of some pick-up, any recovery in hotel performance is likely to be muted. OCBC just restored their previously suspended scrip dividends, it is likely they need more equity to enhance Balance Sheet to accomodate Wing Hang purchase.do u all think OCBC will reduce their dividend payout?Looks like will hit 11 and above. 1y Target Est 13.94 Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate.

The OCBC Bank group of businesses (OCBC) comprises a family of companies owned by Singapore.

Jonathan KOH [CFA] - Singapore Banks - … On Wednesday, loan operations staff at the New York bank wired US$...© 2020 SINGAPORE PRESS HOLDINGS LTD. REGN NO. There was also lower joint venture contributions with after-tax losses from its 51.01 per cent stake in Sincere Group, reduced one-off gains, as well as S$33.9m in impairment losses for eight hotels in the US, Europe and the UK.No interim dividend was declared, versus a special interim dividend of six Singapore cents in the preceding year. May touch 11.50 in mid july Individual or Group chat with anyone on I3investor

DBS Research . Read more at The Business Times. Jonathan KOH [CFA] - Singapore Banks - Extreme Circumstances Call For Extreme Measures. please also join us for US, Malaysia etc.

UOB Kay Hian . OCBC Investment Research has lowered its fair value estimate of City Developments Ltd (CDL) to S$10.64 from S$10.74 previously, while CGS-CIMB has lowered its target price on the counter to S$10.10 from S$10.13. Price Target Research Article/News (past 6 months) 11/05/2020 : UOB KayHian: Oversea-Chinese Banking Corp (OCBC) 1Q20 - Taking It on the Chin: 11/05/2020 Read more at The Business Times. Quick View.

ShareJunction is a FREE Singapore Stocks, Shares, Investment and Finance portal providing share, stock investors and traders forum, charts, news, email alerts, price quotes and market data for SGX shares. Fuji Xerox Towers is likely to be redeveloped into a 51-storey mixed-use project with a floor area of 655,000 square feet (sq ft), while Central Mall is likely to be redeveloped into a mixed-use development with a floor area of about 240,000 sq ft, CGS-CIMB said.In addition, CDL is also looking to divest its non-core hotels and China investment properties.According to CGS-CIMB, CDL's balance sheet remains healthy, with net debt-to-equity ratio of 0.71 times, as well as cash and undrawn facilities of S$4 billion at the end of the half-year period.For daily updates on weekdays and specially selected content for the weekend. Besides redeveloping Liang Court into a mixed-used integrated project, CDL is planning to redevelop Fuji Xerox Towers and Central Mall, though the latter two developments are still pending approvals from the authorities. Subscribe to [BARCELONA] Formula One champion Lewis Hamilton won the Spanish Grand Prix for the fourth year in a row on Sunday to...[SINGAPORE] A technician who boarded a vessel that carried 10 earlier imported coronavirus cases was among the two...[LONDON] A few dots near the bottom corner of the world map in the southern Atlantic, the Falkland Islands were once...[NEW YORK] A YouTube alert interrupted Jack Erricker's schoolwork on Friday morning as he and kids all over the...[NEW YORK] Even for Citigroup, it was big money. The growth in dividend payouts to shareholders is in tandem with OCBC’s growth in shareholders’ earnings. DBS Equity Research on Tuesday cut its target prices for OCBC and UOB on heightened credit costs and margin pressures, following the US Federal Reserve's 100 basis point (bps) rate cut in response to the global novel coronavirus outbreak. OCBC has lowered its FY20 forecast for CDL's profit after tax and minority interests by 21.8 per cent to S$243.9 million, and reduced its estimate for the counter's dividend per share by 40 per cent to 12 Singapore cents per share this year.

2020-03-17 . ocbc now 983 , may fall to hit 974 today to bounceDow juz dropped 130 pts last nite, so sg stocks will open gap down in the morning presenting some buying opportunities , Hours into sgxswinger call, ocbc falls to 972 to bounce as predicted above, closing 980. year end bull is coming, yahoo.