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froggy
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15-Nov-2006 23:28
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Many investor are still hoping that Capitaland would win the IR so there is still a possible uptrend but once IR results is out, maybe the May history may repeat again ... Still vested. |
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Investsmart
Senior |
15-Nov-2006 16:38
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Going above $6. Would think it will goes higher than $6.20 if it can sustain at this level till end of the week. Usually the price for Capitaland is higher then Kepland. Comments ?? |
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singaporegal
Supreme |
10-Nov-2006 21:54
Yells: "Female TA nut" |
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Could be on downtrend now... hard to tell... wait a few more days. | ||||||||||||||||||
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chew8888
Member |
10-Nov-2006 19:24
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I feel the price is at the high side. Maybe it is good to wait for correction first. | ||||||||||||||||||
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red1721
Senior |
10-Nov-2006 13:21
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this is a stock for really long term investments....They are targeting to double their size in 5 yrs time...if you are using cpf to invest...can consider holding it...I expect it to go higher in years to come... | ||||||||||||||||||
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Max1lee
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10-Nov-2006 00:15
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CapitaLand Q3 profit down 38%
SINGAPORE - CapitaLand Ltd, Southeast Asia's biggest developer, posted on Thursday a 38 per cent drop in quarterly net profit on the absence of large divestment gains in the same period a year ago and lower contributions from its Australian projects.
The company, which earns up to 80 per cent of its pre-tax profit abroad, sold more private homes in Singapore since last July, when the government eased rules on real estate financing and foreign investment in property. 'Our business units are expected to benefit from the very strong recovery in the Singapore economy and the robust real estate growth in our key Asian markets,' CapitaLand chairman Richard Hu said in a statement. The developer reported $273.4 million (US$175.1 million) in net profit in the July-September quarter, down from $443.8 million a year ago. The company's third-quarter earnings last year were boosted by the sale of hotels -- including the flagship Raffles Hotel -- owned by its 60-per cent subsidiary Raffles Holdings. CapitaLand said it earned $718 million in sales for the July-September quarter this year, 15 per cent down from the same period a year ago. The developer, 46-per cent owned by Temasek Holdings, said the lower sales from its Australian projects had been offset by higher residential sales from China, which accounted for nearly a fifth of its January-September revenue. The company's shares have gained 70 per cent in the past 12 months, outperforming the average 50 per cent gain chalked up by Singapore property shares . Unlike rival City Developments Ltd which has the largest landbank in the city-state, CapitaLand focuses on managing properties rather than owning assets. It manages two of Singapore's largest real estate investment trusts or Reits -- CapitaMall and office trust CapitaCommercial -- and has said it will raise up to $218 million with a property trust based on its shopping mall assets in China by the end of this year. The developer has teamed up with Bahamas-based casino operator Kerzner International to put in a US$3.3 billion proposal for Singapore's second casino resort, which will be awarded by the end of the year. -- REUTERS |
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chew8888
Member |
09-Nov-2006 23:42
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This counter seems at very high price $5.70. It will be good question whether this is even at fair price. | ||||||||||||||||||
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rogue_trader
Master |
09-Nov-2006 23:28
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Careful, Convergence spotted. Might have downtrend. | ||||||||||||||||||
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chew8888
Member |
09-Nov-2006 23:21
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The result is not quite positive. Revenue and Profit all dropped. | ||||||||||||||||||
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rickytan
Veteran |
26-Oct-2006 17:41
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Announcing 3Q results on 9 November 2006. | ||||||||||||||||||
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