CITY DEVELOPMENT LIMITED RNAV :$19.461-- STRONG BUY TARGET $10.50 and $8.97
@SPOT_ON:
CDL purchased started 954,000 ordinary shares at an average price of S$5.75. This represents a discount of 43% to Net Asset Value (NAV) per share of S$10.12 and a discount of 70% to Revalued NAV per share of S$19.461 as at 31 December 2023, $CityDev(C09.SI)$ $UOB(U11.SI)$ $Microsoft(MSFT)$ $Meta Platforms, Inc.(META)$ $Alibaba(09988)$