Lim and Tan:
CDL is currently trading at a 25% discount to its historical NAV and we expect an even wider 40-50% discount to its RNAV as the company does not revalue its assets to current market values. We maintain our “BUY ON WEAKNESS” recommendation on as investors become more jittery about the negative impact from the government’s cooling measures implemented last year and also trade tensions between the US and China.
Portfolio Update for July 2026
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This will be a relatively short post, just to update on the transactions
for the month.
For the month of July, it remained a volatile month. The US-Isra...
6 hours ago
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