Latest Forum Topics / CapitaLand | Post Reply |
CapitaLand: Too early to bottom fish
|
||||||||
idesa168
Elite |
27-Aug-2008 19:45
|
|||||||
x 0
x 0 Alert Admin |
Just stay in HDB, regardless of property prices up or down, there is always demand for your flat in your area. 80% of the Singapore population stays in public houses, demand is definitely there. No headache right! | |||||||
Useful To Me Not Useful To Me | ||||||||
iPunter
Supreme |
27-Aug-2008 16:10
|
|||||||
x 0
x 0 Alert Admin |
Correction is a usually a slow gradual process...
|
|||||||
Useful To Me Not Useful To Me | ||||||||
|
||||||||
teeth53
Supreme |
27-Aug-2008 15:56
Yells: "don't learn through life, learn to grow with life " |
|||||||
x 0
x 0 Alert Admin |
Still got plenty of meat left..... | |||||||
Useful To Me Not Useful To Me | ||||||||
singaporegal
Supreme |
27-Aug-2008 11:13
Yells: "Female TA nut" |
|||||||
x 0
x 0 Alert Admin |
What I don't understand is this.... despite the obvious imbalance between supply and demand of real estate in Singapore, why haven't the property prices corrected? |
|||||||
Useful To Me Not Useful To Me | ||||||||
RoundStar
Member |
26-Aug-2008 23:58
|
|||||||
x 0
x 0 Alert Admin |
CapitaLand shares slide to 2-year low
Funds selling down regional property stocks as outlook gets more downbeat
By VEN SREENIVASAN
(SINGAPORE) The stock of the region's largest listed property group is taking a sharp knock as funds bail out of regional property stocks amid an increasing bearish outlook for the sector. CapitaLand's shares fell 13 cents or 2.9 per cent to $4.32 yesterday - its lowest level in two years. But what baffled many market watchers was the heavy selling volumes. Some 21 million stocks changed hands. 'It is not just the selling that is worrying, but the heavy volumes on the way down,' observed a seasoned dealer. 'This is heavy institutional selling, and a very bearish signal.' Meanwhile, CapitaCommercial Trust sank 10 cents or 5.4 per cent to $1.75 on some 7.3 million units amid concerns that the office rental market in Singapore was poised for a 30 per cent drop over the next three years as supply significantly outstrips demand. The current selldowns follow downgrades by some global houses in recent weeks. About 10 days ago, Morgan Stanley cut CapitaLand's 12-month price target to $4.16, from $5.94, citing weak earnings for the next two years. Morgan Stanley noted that CapitaLand's wider diversification strategy and Asian regional footprint had failed to provide some share price support on the downside. CapitaLand has significant interests in Singapore, China, Vietnam and other regional countries. The investment house's analysts Melissa Bon and Brian Wee said there were no positive catalysts, and cautioned of a possible absence of new launches for up to 18 months if the economic slowdown dragged on. 'We are inclined to be less optimistic than CapitaLand's management who expect the Singapore residential market to remain flat this year,' the report said. Meanwhile, UBS said in a report on Friday that it expects office rentals and capital values to drop as much as 34 per cent in the next four years. But given that it is Asia's largest listed property company, CapitaLand has a relatively large pool of global portfolio investors. And this makes it more vulnerable to massive selldowns by funds which are scrambling to cash-up in the face of a global liquidity crunch. The stock's liquidity - which attracted institutional investors and helped fuel its bull run last year - has also turned out to be a double edged sword, contributing to its savage beating now. The selldowns came despite the fact that CapitaLand will realise a total portfolio gain of $313 million by injecting four of its Raffles City assets in China into its 50 per cent owned Raffles City China Fund. This comprises a $183 million net gain from the dilution of CapitaLand's interest in the four Raffles City assets, and a $130 million fair value gain for Raffles City Shanghai. |
|||||||
Useful To Me Not Useful To Me | ||||||||
|
||||||||
winsontkl
Elite |
26-Aug-2008 23:25
|
|||||||
x 0
x 0 Alert Admin |
Wait till green light from TA experts...no hurry for this type of market.. | |||||||
Useful To Me Not Useful To Me | ||||||||
teeth53
Supreme |
26-Aug-2008 21:16
Yells: "don't learn through life, learn to grow with life " |
|||||||
x 0
x 0 Alert Admin |
Oop..soori, study.typing err...Should read as DTZ (lastest report about investing in Asia-Pacific property).
|
|||||||
Useful To Me Not Useful To Me | ||||||||
teeth53
Supreme |
26-Aug-2008 21:11
Yells: "don't learn through life, learn to grow with life " |
|||||||
x 0
x 0 Alert Admin |
Today Money page B21 news in StraitsTimes paper....also partly due to China selldown and Sub-prime unfinishing business. Sharp fall in property prices unlikely, but more ppl's keen to sell than buy now, says CTZ study.
|
|||||||
Useful To Me Not Useful To Me | ||||||||
|
||||||||
trader88.sg
Veteran |
26-Aug-2008 17:07
|
|||||||
x 0
x 0 Alert Admin |
It looks more like short covering to me. Fast-in-fast-out is a better strategy. | |||||||
Useful To Me Not Useful To Me | ||||||||
limhpp
Veteran |
26-Aug-2008 16:41
|
|||||||
x 0
x 0 Alert Admin |
Looks like downtrend will be over soon............ |
|||||||
Useful To Me Not Useful To Me | ||||||||
hopinj
Member |
26-Aug-2008 16:41
|
|||||||
x 0
x 0 Alert Admin |
any idea what caused the bull run? technical rebound? |
|||||||
Useful To Me Not Useful To Me | ||||||||
jackjames
Elite |
26-Aug-2008 16:36
|
|||||||
x 0
x 0 Alert Admin |
super bull run during the last few minutes, impressive run ~ ~ ~ | |||||||
Useful To Me Not Useful To Me | ||||||||
|
||||||||
AK_Francis
Supreme |
26-Aug-2008 12:02
Yells: "Happy go lucky, cheers." |
|||||||
x 0
x 0 Alert Admin |
heng ah, dare not to touch ppt counter since dumpping Kepland in Jun. If not the wound now would be deeper loh. |
|||||||
Useful To Me Not Useful To Me | ||||||||
trader88.sg
Veteran |
26-Aug-2008 11:42
|
|||||||
x 0
x 0 Alert Admin |
True. Oversold condition can last very long in a downtrend.
|
|||||||
Useful To Me Not Useful To Me | ||||||||
singaporegal
Supreme |
26-Aug-2008 11:12
Yells: "Female TA nut" |
|||||||
x 0
x 0 Alert Admin |
:) Don't be tempted to go into a trade. An oversold condition does not mean that the price will start to rise.
|
|||||||
Useful To Me Not Useful To Me | ||||||||
Kensonic77
Veteran |
25-Aug-2008 23:39
|
|||||||
x 0
x 0 Alert Admin |
Janus Capital Management LLC acquired shares of property developer and hotel operator CapitalaLand Limited at below its initial filing price in July with 26.2 million shares purchased on August 14 at an estimated price of $5.00 each. The trade increased its direct holdings by 18 per cent to 169.7 million shares or 6.01 per cent. The group previously reported an initial filing on July 2 of 5.9 million shares at $5.66 each, which raised its interest to 5.1 per cent. That initial filing was made on the back of the 17 per cent drop in the share price since May from 6.79. The stock closed lower from Janus Capitals purchase prices to $4.45 on Friday 22 Aug. |
|||||||
Useful To Me Not Useful To Me | ||||||||
winsontkl
Elite |
25-Aug-2008 22:48
|
|||||||
x 0
x 0 Alert Admin |
$4 soon??? Will wait some more as so many TA guru indicat negative signs... Singaporegal thanks......siam a few times liao. |
|||||||
Useful To Me Not Useful To Me | ||||||||
pointer
Senior |
25-Aug-2008 21:35
|
|||||||
x 0
x 0 Alert Admin |
Any rebound is not sustainable. Let the selling cool off then decide whether to pick up for long. This selling craze is worst than SPC. MA not showing any turning point yet. |
|||||||
Useful To Me Not Useful To Me | ||||||||
teeth53
Supreme |
25-Aug-2008 19:56
Yells: "don't learn through life, learn to grow with life " |
|||||||
x 0
x 0 Alert Admin |
UBS research focus - Asia's ascent The economic center of gravity is shifting towards Asia. The latest UBS research focus, Asia's Ascent, examines the opportunities and risks for investors. Zurich/Basel, 21 March 2007 The sudden sell-off in China's domestic equity markets last month, and its immediate reverberations throughout Asia as well as the global financial markets, illustrate the relevance of developments in Asia to investors the world over. "Asia's Ascent", the latest research focus publication from UBS Wealth Management Research, investigates the growing commercial and financial ties between Asia and the rest of the world. It shows that global financial market performance will increasingly take cues from the region. With approximately 150 analysts working all around the world UBS Wealth Management Research provides research, investment advice and strategy for clients and staff of UBS Wealth Management & Business Banking. It develops http://www.ubs.com/1/e/wmr_research/focus.html
|
|||||||
Useful To Me Not Useful To Me | ||||||||
idesa168
Elite |
25-Aug-2008 15:15
|
|||||||
x 0
x 0 Alert Admin |
Capitalalnd NAV is $3.62. NAV is usually an item in property counters to measure their "fair value". And usually fair value is 80% of NAV for propertt counters. So is $3.50 fair? | |||||||
Useful To Me Not Useful To Me |