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Sentosa IR
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singaporegal
Supreme |
10-Jan-2007 15:03
Yells: "Female TA nut" |
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TA charts still show an uptrend for Capitaland actually. Hi iPunter, Nah... the TA charts are all the "fengshui" that I need... |
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iPunter
Supreme |
10-Jan-2007 13:02
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Singaporegal, will you be taking up Fengshui? ... :) |
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Nostradamus
Supreme |
10-Jan-2007 12:34
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CapitaLand Ltd. said on Tuesday it has bought a 20% stake for HK$635 million in Macao Studio City, a prime leisure and entertainment project in Macau. Macao Studio City sits on a 1.4 million square feet (130,100 sq metres) site which is located near the new Lotus Bridge immigration checkpoint linking the development directly to mainland China through Zhuhai, CapitaLand said in a statement. CapitaLand lost in both IR bids, so now it bought a stake in Macao Studio City. |
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singaporegal
Supreme |
09-Dec-2006 04:46
Yells: "Female TA nut" |
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Sorry... click too fast. Agree with IreneL! Fengshui cannot be underestimated! |
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singaporegal
Supreme |
09-Dec-2006 04:46
Yells: "Female TA nut" |
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Agree |
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IreneL
Senior |
08-Dec-2006 19:42
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Hi tanglinboy About your example of having $200,000/- to spare. The joke among the Malaysians is that they prefer to splurg on foreign-built cars because to them, the Proton cars were built by melting milo, milk, overtime cans. |
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IreneL
Senior |
08-Dec-2006 19:38
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Hi tonersweat I like your patriotism. Like you I asked the same question - what's so good about Genting, not because they had already earned millions from Singaporeans going up to the Highlands, but because I really see no merit in their design at all although I am no designer. I saw Mr Mah Bow Tan revealing the result over Channel News Asia this evening. I stand corrected, but I though the explainations he gave for Genting being awarded the second IR rather familiar with those given by some of the analysts a few weeks back, ie, Genting's design has an Asian theme, etc... My thoughts on Genting winning the bid are that, the powers that be at the Genting management consulted feng shui masters. This was conveyed to me when I went on a Genting Highlands tour with some friends awhile back and we had this tour guide who claimed she is some distant relative of the chairman and blah, blah, blah... So perhaps she may be right about this feng shui thing. In any case, I shut her up when she went overboard with her criticism about Singapore's immigration laws. The other contenders did not win, probably because they did not consult feng shui masters! |
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singaporegal
Supreme |
08-Dec-2006 18:37
Yells: "Female TA nut" |
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Genting won the IR bid! It'll be interesting to see what's going to happen to Capitaland and Genting's share prices on monday. |
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tanglinboy
Elite |
06-Nov-2006 09:09
Yells: "hello!" |
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I think the issue is not about supporting local companies. But more of the long term benefit to Singapore regardless of who's running the IR. For example, if you were rich and had $200,000 to spend on a car and you were a Malaysian, would you spend that amount of money on a local car to support the local car industry or buy a BMW or Merc? :) |
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tonersweat
Member |
06-Nov-2006 09:06
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what is the rational by giving sentosa IR to genting? Why so good about Genting? They had already earned millons of Singporean's monet. We should support our local company Capitaland and the partner. |
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billywows
Elite |
05-Nov-2006 23:20
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Decision on Sentosa IR likely in early December: Mah Bow Tan |
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mwzl95
Member |
05-Nov-2006 15:15
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That's right |
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scotty
Senior |
05-Nov-2006 14:33
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I sold at 5.15! Should have waited until now! | ||||||||
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mwzl95
Member |
04-Nov-2006 16:27
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Get ready to sell! TA signals that the price might drop soon. | ||||||||
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billywows
Elite |
03-Nov-2006 22:52
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My opinion that Capitaland already has the Orchard Turn project .... Not surprising that Sentosa IR awarded to Genting to enforce relationship with Malaysia. :P | ||||||||
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lynn89
Member |
03-Nov-2006 22:31
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The is market expectation for Capitaland to secure the Sentosa IR; just can't see the govt. giving the contract to Genting | ||||||||
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Nostradamus
Supreme |
01-Nov-2006 00:21
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Merrill Lynch has lifted its target price to $6.10 from $4.45, saying it is convinced that the developer will sustain robust earnings growth going forward. "The group continues to execute on its regional growth strategy and is well positioned, in our view, to maintain superior earnings growth," Merrill Lynch said in a note to clients. Merrill Lynch expects CapitaLand's net profit to rise from an estimated $577 mln this year to $610 mln next year and to $620 mln in 2008. Last year, CapitaLand posted net income of $751 mln, which included significant exceptional gains. |
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Nostradamus
Supreme |
30-Oct-2006 22:02
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It said its unit CapitaLand China Holdings will acquire 29.75% of Henan developer Central China Holdings Group for RMB601 mln, as part of its strategy to penetrate further into China's residential property sector. The company will have an option to raise its stake further to 43.69%, which will cost another RMB500 mln. CapitaLand China will make the acquisition through wholly-owned subsidiary CapitaLand LF (Cayman) Holdings. "We are moving into inner cities (in China)," CapitaLand president Liew Mun Leong said at a media and analyst briefing here, noting that this is the next phase of the group's China expansion. Central China Holdings, formerly Jian Ye Group, operates in 16 of the 18 cities in Henan province and has a current land bank of 4.5 mln square meters of gross floor area, which is expected to increase to 6.6 mln square meters by the end of the year. CapitaLand's stake in Central China Holdings is through Joy Ascend (BVI), which owns 100% of Central China Real Estate (China) Co Ltd. CapitaLand China CEO Lim Ming Yan said that options for funding the acquisition will come from both sales operations and bank borrowings. "Henan will be our fifth key operational node in China, after Beijing, Shanghai, Guangzhou and Chengdu," Liew said. Lim said the acquisition provides CapitaLand a platform of expansion into central China. Revenue from China operations accounted for 16% of CapitaLand's total revenue while China investments took up a 19% share of total assets as of the first half of the year. |
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compass
Member |
13-Oct-2006 14:21
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"butch" is a visionary guy. though JV still goes ahead but will be lost after that. Only ang mohs have pulling/drawing power. 8th Wonder did highlight that Universal Studio stuff is some 28 years old. Marina IR went to a dark horse, will it happen to Sentosa. Said sth dif and 8th Wonder has New York New York, sth sleazy!!!!! | ||||||||
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rickytan
Veteran |
12-Oct-2006 20:49
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Thank you Nostramudus and edichan.. Your comments and advice is appreciated. | ||||||||
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