UOL's profit margins predicted to hit 15-20% post project launch

These are Thomson Three and St Patrick's Garden.

According to DBS, they like UOL for its many engines of growth that includes rental income from office and retail properties, residential development activities, hotel operations and dividend income from its investment holdings.

Upcoming launches of its Thomson Three and St Patrick’s Garden en-bloc redevelopment projects in Singapore should generate profit before tax (PBT) margins of about 15%-20% as they were acquired earlier.

Here's more from DBS:

Recent privatization of the listed Pan Pacific Hotels Group by UOL will increase the latter’s flexibility in managing and improve economies of scale of its entire hotel portfolio.

In the longer run, potential corporate activity cannot be ruled out as UOL continues to up its stake in associate UIC. The stock is trading at a 20% discount to our revised target price (TP) of $7.85, which is based on a wider 20% discount to RNAV of $9.81.

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.

If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia