Shares & Derivatives
Can CapitaLand Investment Limited’s Share Price Scale New Highs Next Year?
By The Smart Investor  •  December 8, 2022
CapitaLand Investment Limited (SGX: 9CI), or CLI, has been busy this year. The property giant is working on multiple strategic initiatives to grow the business even as its lodging arm enjoys a reprieve from the nascent economic recovery. These efforts have borne fruit as CLI reported an encouraging set of numbers for its fiscal 2022’s third quarter (3Q2022) business update. Despite the better numbers, CLI’s share price has not managed to touch its 52-week high of S$4.30 achieved in April this year. The big question on investors’ minds is – can the property investment company’s share price hit a new high next year? Let’s have a recap of the group’s progress and also take a look at its recent announcements to determine this. Growing its funds under management Famous investor Warren Buffett said that “If the business does well, the stock eventually follows”. CLI has done well on this front as it continued to grow its fund management (FM)...
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By The Smart Investor
The Smart Investor is co-founded by David Kuo, Joanna Sng, and Chin Hui Leong. The company was formed in late 2019 from the ashes of the Motley Fool Singapore. The Smart Investor believes that everybody can learn how to invest, smartly. We aim to educate people on how to invest smartly by providing investing education, stock commentary and market coverage for Singapore and around the world.

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