Back

Latest Forum Topics / CapitaLand

Post Reply

CapitaLand: Too early to bottom fish Post Reply Rate topic
nickyng Supreme	23-Jan-2009 11:34        nickyng About Contact  Quote this Post!
x 0   x 0  Alert Admin	gee....this is GOOD new for me!! this burger is definitely worth a SHORT !! :D ...$2.20 rite? haha....ok at least we hv a target in mind... :D
Useful To Me  Not Useful To Me
L..... Veteran	23-Jan-2009 11:25        L..... About Contact  Quote this Post!
x 0   x 0  Alert Admin	rumours rumours but seems like this one may come true
Useful To Me  Not Useful To Me
freeme Elite	23-Jan-2009 11:20        freeme About Contact  Quote this Post!
x 0   x 0  Alert Admin	Oh.. so means that until mid feb, capital's share price might be driven down even more... ticklish8      ( Date: 23-Jan-2009 11:18) Posted: SINGAPORE (Dow Jones)--CapitaLand Ltd. (C31.SG) is considering a rights issue to raise about S$1.5 billion by offering one new rights share for every four existing shares at S$2.20 each, people familiar with the situation said Friday. "The consideration is for the capital increase to take place around mid-February, but there is no firm decision," one person said. Shares of the developer traded down 2.4% at S$2.44 each at 0235 GMT. A spokesman couldn't be immediately reached for comment. Last month, it said it wouldn't comment on market rumor or speculation, after Dow Jones Newswires reported the company was mulling the rights issue. CapitaLand had about 2.8 billion shares outstanding and S$4.2 billion in cash and cash equivalents at Sept. 30. Analysts say CapitaLand isn't in need of capital, but raising more money would allow it to buy distressed assets in attractive markets and put the company in a better position to face challenges in the current property market. The sector in Singapore and the region has cooled considerably since last year. Chief Executive Liew Mun Leong has said the company could consider acquiring some distressed real estate companies in Asia, including China and Australia. If the issue takes place, it would be the second major Singapore company to raise money through a rights issue in recent months. In late December, DBS Group Holdings Ltd. (D05.SG) said it planned to raise about S$4 billion to bulk up its capital base.
Useful To Me  Not Useful To Me
ticklish8 Senior	23-Jan-2009 11:18        ticklish8 About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	SINGAPORE (Dow Jones)--CapitaLand Ltd. (C31.SG) is considering a rights issue to raise about S$1.5 billion by offering one new rights share for every four existing shares at S$2.20 each, people familiar with the situation said Friday. "The consideration is for the capital increase to take place around mid-February, but there is no firm decision," one person said. Shares of the developer traded down 2.4% at S$2.44 each at 0235 GMT. A spokesman couldn't be immediately reached for comment. Last month, it said it wouldn't comment on market rumor or speculation, after Dow Jones Newswires reported the company was mulling the rights issue. CapitaLand had about 2.8 billion shares outstanding and S$4.2 billion in cash and cash equivalents at Sept. 30. Analysts say CapitaLand isn't in need of capital, but raising more money would allow it to buy distressed assets in attractive markets and put the company in a better position to face challenges in the current property market. The sector in Singapore and the region has cooled considerably since last year. Chief Executive Liew Mun Leong has said the company could consider acquiring some distressed real estate companies in Asia, including China and Australia. If the issue takes place, it would be the second major Singapore company to raise money through a rights issue in recent months. In late December, DBS Group Holdings Ltd. (D05.SG) said it planned to raise about S$4 billion to bulk up its capital base.
Useful To Me  Not Useful To Me
nickyng Supreme	23-Jan-2009 11:18        nickyng About Contact  Quote this Post!
x 0   x 0  Alert Admin	might as well Q at 2.29 ?!?! :P hee... freeme      ( Date: 23-Jan-2009 11:12) Posted: im q-ing @2.32 duno can hit anot..
Useful To Me  Not Useful To Me
L..... Veteran	23-Jan-2009 11:16        L..... About Contact  Quote this Post!
x 0   x 0  Alert Admin	1mil lots blocking 2.4 interesting
Useful To Me  Not Useful To Me
DnApeh Master	23-Jan-2009 11:15        DnApeh About Contact  Quote this Post!
x 0   x 0  Alert Admin	Probably still sleeping. I'll Q 228. L.....      ( Date: 23-Jan-2009 11:02) Posted: need elfin to verify capland has always been a trader counter.. not for faint hearted
Useful To Me  Not Useful To Me
freeme Elite	23-Jan-2009 11:12        freeme About Contact  Quote this Post!
x 0   x 0  Alert Admin	im q-ing @2.32 duno can hit anot..
Useful To Me  Not Useful To Me
L..... Veteran	23-Jan-2009 11:02        L..... About Contact  Quote this Post!
x 0   x 0  Alert Admin	need elfin to verify capland has always been a trader counter.. not for faint hearted
Useful To Me  Not Useful To Me
crimson Senior	23-Jan-2009 11:00        crimson About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	KAOZ!!! Wat ever happened yesterday afternoon is HAPPENING again :S
Useful To Me  Not Useful To Me
L..... Veteran	23-Jan-2009 10:47        L..... About Contact  Quote this Post!
x 0   x 0  Alert Admin	good things worth waiting huh? haha will go in after it release its poor 2H results
Useful To Me  Not Useful To Me
Farmer Master	23-Jan-2009 10:42        Farmer About Contact  Quote this Post! Style: Fundamental   Mood:
x 0   x 0  Alert Admin	Haha! 52 wks low at 2.28, its fast approaching judging from the downward speed recently. Will wait patiently to accumulate.
Useful To Me  Not Useful To Me
zenithten Member	23-Jan-2009 10:16        zenithten About Contact  Quote this Post!
x 0   x 0  Alert Admin	think it will test new lows...lowest price past mths at 2.38. Tradin vol is low, and with CNY next week, investors buyin may not push up the price..Q under 2.40s mebbe
Useful To Me  Not Useful To Me
doug31 Member	23-Jan-2009 09:58        doug31 About Contact  Quote this Post!
x 0   x 0  Alert Admin	oh oh 2.42..........
Useful To Me  Not Useful To Me
doug31 Member	23-Jan-2009 09:52        doug31 About Contact  Quote this Post!
x 0   x 0  Alert Admin	resistance somewhere around there ma??
Useful To Me  Not Useful To Me
maxcty Master	23-Jan-2009 09:44        maxcty About Contact  Quote this Post! Style: Combined   Mood: Yells: "always a learning day for me in trading"
x 0   x 0  Alert Admin	hi doug31, maybe monitor awhile more today. I just went in at 2.46....
Useful To Me  Not Useful To Me
doug31 Member	23-Jan-2009 09:42        doug31 About Contact  Quote this Post!
x 0   x 0  Alert Admin	i went in yesterday... average down to 2.69. :(
Useful To Me  Not Useful To Me
maxcty Master	23-Jan-2009 09:35        maxcty About Contact  Quote this Post! Style: Combined   Mood: Yells: "always a learning day for me in trading"
x 1   x 0  Alert Admin	falls to range 242~250 already. maybe can go in today
Useful To Me  Not Useful To Me
doug31 Member	23-Jan-2009 09:23        doug31 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Is it. going to go down further???
Useful To Me  Not Useful To Me
zenithten Member	23-Jan-2009 09:22        zenithten About Contact  Quote this Post!
x 0   x 0  Alert Admin	Hittin mid 240s...is it going to break its support? Charts are all showing downtrending...
Useful To Me  Not Useful To Me

                                                         First   < Newer   1141-1160 of 1965   Older>   Last