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CityDev

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CITYDEV 10.880 +0.220 +2.063%

Hi CityDev,

Heard Aberdeen dump you recently.

Dun worry, I will visit you again when you reach $5 again.

Just increase your dividend,, dun be so stingy when come to this type of freebies, then I will visit you more often and support you thereafter.

Remember me.

same as me let go too early liao buut never expect it to soar 0.700cents a day. My target price was $11 which i sold off yesterday. :( What about you when you sold yours???

benji79 ( Date: 18-Dec-2009 19:43) Posted:

HI Guys,

Is it because of some rights issue that may be comming up?? Really strange as this counter has been soaring by quite a lot in these few days. Any news

Haiz... let go of it too early liao...

Date & Time of Broadcast	14-Dec-2009 17:22:23
Announcement No.	00056

>> PART I

1. Date of notice to issuer * 11-12-2009

2. Name of Substantial Shareholder * (1) Credit Suisse AG, and (2) Credit Suisse Group AG

3.	Please tick one or more appropriate box(es): *
	Notice of a Change in the Percentage Level of a Substantial Shareholder's Interest or Cessation of Interest. [Please complete Part III and IV]

>> PART III

1. Date of change of Deemed Interest 09-12-2009

2. The change in the percentage level From 16.9804 % To 17.0290 %

3. Circumstance(s) giving rise to the interest or change in interest # Others

# Please specify details

(a) Purchase of 18,000 shares by Aberdeen Asset Management plc and its
subsidiaries ("Aberdeen"). By virtue of Section 7(4A) of the Companies Act
(Chapter 50), Credit Suisse AG is deemed to have an interest in the shares held by Aberdeen. Credit Suisse AG is a subsidiary of Credit Suisse Group AG;

(b) affiliates' purchases of 164,995 shares and sales of 241,000 shares; and

(c) an affiliate's borrowing of 500,000 shares.

4.

A statement of whether the change in the percentage level is the result of a transaction or a series of transactions:

The change in percentage level is the result of the circumstance(s) mentioned
above.

>> PART IV

1.	Holdings of Substantial Shareholder , including direct and deemed interest :

	Direct	Deemed
No. of shares held before the change	0	154,403,480
As a percentage of issued share capital	0 %	16.9804 %
No. of shares held after the change	0	154,845,475
As a percentage of issued share capital	0 %	17.0290 %

hi bro what do you mean by 'cornering'???

cornering i believe

Just sold this counter with 5 lots yesterday. Hiazzzz... Thought done at 11.00 very happy liao who knows today up so much. :(

Why up? Any news?

Tough to see property counters in strong rally in the near term due to thin trading volume.
http://mystocksinvesting.blogspot.com/2009/12/property-counters-unlikely-to-see-rally.html

How would one rate City Development against Capitaland? Which is more "blue" than the other blue chip?

come monday, CDL will bear the brunt of the impact of Dubai World debt as it has JV-ed with the group to develope South Beach.

I foresee many will short this counter..

citydev so good meh?

Sales of uncompleted private homes in Singapore plunged 29 percent in October from September, falling below the 1,000 unit level for the first time since January as government measures to cool the property market took effect.

Private developers including property giants City Developments <CTDM.SI> and CapitaLand <CATL.SI> sold 811 units in October, according to data on the Urban Redevelopment Authority website, down from 1,143 units a month earlier.

The October data marked the third consecutive monthly drop since sales hit a high of 2,772 units in July, but volumes were still well above the 211 units that changed hands in October 2008 during the worst of the global financial crisis.

Singapore moved to curb speculation in the housing market in September, saying authorities will release more land for development and make it harder for home buyers to defer payments. [ID:nSIN486658]

"The market is most definitely cooling down," said Mohamed Ismail, CEO of PropNex, a real estate broker. He predicted sales in the last two months of 2009 will likely be less than 2,000 in total.

"The pent-up demand which accumulated during the financial crisis has largely been spent," he added.

URA started releasing monthly sales data in June 2007 for private property, which house around 15 percent of Singapore's population. The majority live in government-built apartments.

CDL reported net profit of $417 million for 9MFY09, down 13% y-o-y. It met 79% of our forecast and 87% of consensus estimates.
Strong property development sales led results but there was a partial offset against weaker revenue per available room (RevPAR)
from its hotel operations. Revenue from property development jumped 71% to $1 billion for 9MFY09.

Rolling forward our valuation to FY2010F, our RNAV estimates are lowered by 3% to $11.88 per share. We obtained a fair value of
S$11.88/share, pricing it at parity. MAINTAIN BUY

AmFraser Nov'09

tradersgx ( Date: 14-Nov-2009 01:16) Posted:

City Developments says revenue for the quarter ended 30 September 2009 (3Q2009) rose 36.7% to $940.9 million

compared to 3Q2008 while attributable profit after tax and minority interest for Q3 2009 rose 28.4% to $193.6 million.

Pobian........ Go for money cost averaging from Sgd. 10.65 to Sgd. 0.005 then!

iPunter ( Date: 14-Sep-2009 17:08) Posted:

May take months to 'cool' ... Smiley

1 October 2009
https://www.ura.gov.sg/pr/text/2009/pr09-67.html

URA releases flash 3rd quarter 2009 private residential property price index

The Urban Redevelopment Authority (URA) released today the flash estimate of the
price index of private residential property for 3rd Quarter 2009.

Based on the estimated price index of private residential property, prices rose
from 133.3 points in the 2nd Quarter 2009 to 154.5 points in the 3rd Quarter 2009.
This represents an increase of 15.9%, compared with the 4.7% decline in the p
revious quarter (see Annex A).

URA also released today the flash estimates of the price changes in the 3 geographical
regions for 3rd Quarter 2009. Prices of non-landed private residential properties
increased by 16.2% in Core Central Region, 19.1% in Rest of Central Region and 15.4%
in Outside Central Region in the quarter (see Annex B). In comparison, for 2nd Quarter 2009,
prices of non-landed private residential properties decreased by 5.2% in Core Central Region,
4.4% in Rest of Central Region and 2.3% in Outside Central Region.

The flash estimates are compiled based on transaction prices given in caveats lodged during
the first ten weeks of the quarter supplemented by information on the number of new units sold.
The statistics will be updated 4 weeks later when URA releases the full 3rd Quarter 2009 real
estate statistics, when more data on the caveats lodged and the take-up of new projects are
captured. Past data have shown that there could be significant differences between the quarterly
price changes indicated by the flash estimate and the actual price changes. The public is
advised to interpret the flash estimates with caution.

URA will continue to release relevant price sensitive information in a timely manner to allow
the public to make informed decisions. On the supply side, the statistics on private residential
units in the pipeline, which were last released in April 2009, will be updated in the 3rd Quarter
2009 Real Estate Statistics to be released on 23 October 2009.

The good sales for Hundred Trees should be positive for City Dev.

>> PART I

1. Date of notice to issuer * 23-09-2009

2. Name of Substantial Shareholder * Aberdeen Asset Managers Limited

3.	Please tick one or more appropriate box(es): *
	Notice of a Change in the Percentage Level of a Substantial Shareholder's Interest or Cessation of Interest. [Please complete Part III and IV]

>> PART II

1. Date of change of [Select Option]

2. Name of Registered Holder

3. Circumstance(s) giving rise to the interest or change in interest [Select Option]

# Please specify details

4. Information relating to shares held in the name of the Registered Holder

No. of [Select Option] held before the change
As a percentage of issued share capital	%

No. of N.A. which are subject of this notice
As a percentage of issued share capital	%

Amount of consideration (excluding brokerage and stamp duties) per share paid or received

No. of N.A. held after the change
As a percentage of issued share capital	%

>> PART III

1. Date of change of Interest 18-09-2009

2. The change in the percentage level From 7.9666 % To 8.0944 %

3. Circumstance(s) giving rise to the interest or change in interest Open Market Purchase

# Please specify details

4.

A statement of whether the change in the percentage level is the result of a transaction or a series of transactions:

A series of transactions

>> PART IV

1.	Holdings of Substantial Shareholder , including direct and deemed interest :

	Direct	Deemed
No. of shares held before the change	0	72,440,900
As a percentage of issued share capital	0 %	7.9666 %
No. of shares held after the change	0	73,602,900
As a percentage of issued share capital	0 %	8.0944 %

Footnotes

Percentages indicated in this notice refer to the percentage of issued ordinary shares of the Company.

% of issued ordinary shares before / after the change is based on 909,301,330 ordinary shares as at 18 September 2009.

This information is provided pursuant to the position taken by the Monetary Authority of Singapore for fund manager to disclose by way of segregated reporting the fund manager's interests (a) in shares over which the fund manager has no voting rights but has disposal rights and (b) in shares over which the fund manager has both voting rights and disposal rights.
(a) No. of shares held without voting rights but with disposal rights : 40,469,700 shares.
(b) No. of shares held with voting rights and disposal rights : 33,133,200 shares

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