$CityDev(C09.SI)$ What to watch

Execution on the divestment pipeline is the swing factor: Citi argues ROE would exceed its current forecast if the S$1bn divestment-gain target is met

Tiger News

, so slippage here would undercut the bull case.

Capital allocation to China/Japan — the specific item that triggered the selloff. Citi's counter is that CDL is likely to sell existing projects there before committing new capital, which would make the geographic impact negligible

Tiger News

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C09.SI
09-30 10:56
SICityDev
SidePrice | FilledRealized P&L
Buy
Open
7.40
500
-0.13%
Holding
CityDev

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