Friday, June 21, 2013

6 reasons why CMA is bullish on 2013 and beyond

See what makes it so "well-positioned".

CMA ran down the reasons why it is in a solid position for growth in 2013, in a presentation during the recent SGX Sector Connect Seminar.

CMA first reasoned that more 75% of our malls are operational. 

It also said that the malls it had opened in 2012 will start to contribute to 2013 earnings. 

Also, the company is expecting significant profit recognition from Bedok Residences in 2013 and 2014.

CMA also expects its strong pipeline of 21 malls under development to contribute to future earnings. 

It is also positive that it can continue to maintain its leadership track record of building resilient necessity and suburban malls. 

Lastly, the company said that it has a fairly strong balance sheet to capitalize on future opportunities. 

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