Big question here: with CDL shares going up, can this stock surge continue? Or is it time to sell? Let’s dive in! Earlier in March, I wrote about City Development Ltd (CDL) shares trading at a bargain. Back then, it was cheap, unloved and got hit by an internal family fight. Since then, shares have gone up 36% in just a couple of months – sitting ~S$6.75 per share. That’s a big jump. Big question here: with CDL shares going up, can this stock surge continue? Or is it time to sell? Let’s dive in! Disclaimer: I don’t own any CDL shares. CDL’s healthy 1H2025 financial results CDL’s revenues surged ~S$1.7 billion for 1H2025, a 24% increase y/y. What’s more is its Singapore residential sales performance rose 90% in sales value to S$2.2 billion. Meanwhile, net profit grew ~3.9% y/y to S$91 million. It fully sold its joint venture Executive Condominium (EC) project, Copen Grand, followed by other projects...