Singapore Stock Market News

CapitaLand - Post-results investors meeting

StockFanatic
Publish date: Tue, 30 Apr 2013, 01:49 PM
StockFanatic
0 10,452
Welcome to Stockfanatic Singapore stock market and regional market news. This is a platform to share Singapore stock market and regional news to investors / man in the street. Investors can also look forward to analyst reports and brokers recommendations. Stockfanatic's Singapore stock market and regional news blog, home of investors one stop news station.
We hosted a post-results meeting for investors with the management of CapitaLand. The key issue discussed was how it plans to improve ROE through simplifying the business, deploying capital strategically and having an optimal mix of operating and development assets.

Overall, we believe investors came away from the meeting feeling slightly more positive on the outlook: execution will now be key. We maintain our target price, still based on a 15% discount to RNAV. Catalysts include an earnings recovery in FY13 and corporate restructuring initiatives. Outperform maintained.
Read more »
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment