$CapitaLandInvest(9CI.SI)$  

 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.

https://www.spore-share.com/2024/04/have-added-quite-bit-for-capland.html

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment5

  • Top
  • Latest
  • icycrystal
    ·04-29
    TOP
    thanks for sharing. if am not mistaken, they started to give dividends only the last few years [Thinking] [Thinking] [Thinking]
    Reply
    Report
    Fold Replies
    • icycrystalReplying toSporeshare
      really, I was looking at the tiger app profile, and it shows dividends given out only last few years. maybe tiger app didn't update
      04-29
      Reply
      Report
    • Sporeshare
      they handout dividend every year
      04-29
      Reply
      Report
  • ZebulonToynbee
    ·04-29
    TOP
    Aim to grow funds to $200 billion by 2028 is ambitious.
    Reply
    Report
    Fold Replies
    • Sporeshare
      Indeed! meanwhile,  need to embrace the current higher interest rate environment
      04-29
      Reply
      Report