Almost every Singaporean would have heard of City Developments Limited (CDL). CDL is one of Singapore’s top property developers and is a leading global real estate operating company with a network spanning 29 countries and regions. The Company not only does real estate development, they own multiple top grade office buildings as seen by the Grade-A office buildings in CBD, Singapore and has a hotel business segment branded as Millennium & Copthorne Hotels (M&C).
The Capital Cycle
CDL being a property developer would be subjected to the ups and downs in business cycles otherwise known as market cycles. I have touched on this topic in one of my previous articles titled Brief Introduction to Capital Cycles if you are interested to understand more about this. However, the key question is how do we link CDL’s valuations to the market cycles?
Furthermore, with the recent share price recovery of CDL from S$7.86 to S$10.64 representing a 34.4% increase, where do we stand now in terms of valuations and the market cycle?
Upcoming LIVE Webinar
I will be hosting a LIVE Webinar next Monday, 18th November 2019 at 8.00PM (Singapore Timezone) sharing a quick summary on the following:
Topic 1: Summary of Capital Cycle Approach
Topic 2: Quick overview of CDL and how its valuations relates to the market cycles
Topic 3: Where I see CDL’s valuations today
Topic 4: Launch of our new screener service (more details then!)
YES! You read it right, with the push of some friends and old subscribers, I have decided to launch my screener service once again. Interested parties should sign up for this LIVE webinar to find out more about it and it would be a good time to ask me about it during the Q&A session after the above topics.
There will only be 150 seats available during this LIVE webinar, so do secure your seat fast! Interested participants can sign up in the link below and I will subsequently send you details on where the LIVE webinar will be streamed.
As this would be my first ever LIVE webinar, hope everyone would bear with me if there are any hiccups!
Do check your email (especially spam box) for further details on how to access the LIVE Webinar. For any participants who have signed up yet not receive any details, please email me at firstname.lastname@example.org. You may drop me a DM on our Facebook or Instagram page too!
Disclaimer: The information provided by InvestingNook serves as an educational piece and is not intended to be personalised investment advice. Readers should always do their own due diligence and consider their financial goals before investing in any stock.