(adsbygoogle = window.adsbygoogle || []).push({ google_ad_client: "ca-pub-8679583308408160", enable_page_level_ads: true });

Sunday, May 19, 2024

CapLand Invest - She is gaining strength, likely to rise to test 2.70 than 2.78! Pls dyodd.

  CapLand Invest - She is gaining strength,  likely to rise to test 2.70 than 2.78! 



Pls dyodd. 


Dividend of 12 cents will be credited to your bank account today - 10th May 2024. Hosey! 

I  have added quite a bit for CapLand Investment.  Started accumulating at 3.01. I think only time will tell if the Investment is fruitful!

Pls dyodd. 




 Total revenue for 1Q24 was stable YoY at $650m




 Fee income related business revenue was up 7% YoY to $274m.


  Revenue composition continue to shift towards asset-light fee-based model






7.1B undrawn group cash facilities. 


Operating cash flow of 198m.


The group achieved funds under management of S$100 billion.
It aims to grow this figure to S$200 billion by 2028 on the back of organic expansion and strategic inorganic initiatives, such as the selective pursuit of bolt-on or transformative mergers and acquisitions.


At 2.63, yield is about 4.56% of which I think is quite a decent yield level.  


Pls dyodd.



No comments:

Post a Comment