Shares & Derivatives
CapitaLand Investment – FY results is out! Resilient 2023 Cash PATMI of 781m. Proposed final dividend of 12 cents. FY net profit is down 79.0% y-o-y to $181 million from $861 million in FY2022 mainly due to revaluation of assets in China.
By Singapore Stocks Sharing  •  February 28, 2024
CapitaLand Investment  - FY results is out! Resilient 2023 Cash PATMI of 781m. Proposed final dividend of 12 cents. FY net profit is down 79.0% y-o-y to $181 million from $861 million in FY2022 mainly due to revaluation of assets in China. Operating Patmi declined by 7% y-o-y to $568 million, mainly due to higher interest expense, lower contribution from China Overall revenue declined by 3.2% y-o-y to $2.78 billion from $2.88 billion last year. Fee income-related businesses (FRB) revenue, which have been providing strong recurring contributions to the group’s overall returns y-o-y, gained 9% to $1.07 billion from $984 million a year ago. CapitaLand Investment(9CI.SI) - She has a nice rebound from 2.80 and rises higher to touch 2.95, looks like Bull is in control! Pls take note! Short term wise,  I think likely to rise up to retest 2.95 ! A nice breakout smoothly may likely see her rising up towards 3.00 than 3.03. Pls dyodd. CapitaLand Investment (9CI.SI) - I think boatvis back! At 2.82 , yield is quite decent at 4.26...
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By Singapore Stocks Sharing
All information is just for sharing on https://spore-share.com or https://spore-share.blogspot.com (Trade/Invest base on your own decision). Thank You! For trading, be firmed in executing your stop loss strategy. Also don’t be too eager to take profit to early. Let your profit run. For Investing it is good to read up and educate yourself to know the basic financial analysis. Learn how to identify good company to invest . Pick those company/counter that you are familiar with their business.
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