
Hahahahaha... It's you again.  Like no others !
Isolator ( Date: 04-Oct-2013 17:09) Posted:
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srichipan ( Date: 31-May-2013 14:36) Posted:
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seems like blue chips back in focus, with pennies gonna take a while for the dust to settle .....
 
My stand is the same...dont touch now. The support may form @ 3.42. Wait for that, if it breaks the support, we can see levels @3.
I have quoted this earlier when the price was 3.75.
sriramanv ( Date: 23-May-2013 16:01) Posted:
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Based on technicals, the sliding RSI seems to suggest possible downside, although Stochastics at oversold levels indicate otherwise based on historical evidences. ADX suggests the recent downtrend have lost some strength as well. 
The $3.40 region offers some level of support, followed by the $3.10 area. Support-turned-resistance at its recent high of $3.86, followed by $4.05 thereafter.
srichipan ( Date: 28-May-2013 19:25) Posted:
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lots of company directors buying the shares at the moment. Most at the price of $3.75
 
Thank you for the insight. Very good and reliable sharing.
 
Cheers on stocks punting.
marubozu1688 ( Date: 26-May-2013 14:02) Posted:
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Different view on Capitaland here.
http://mystocksinvesting.com/singapore-stocks/capitaland/capitaland-elliott-wave-c-down/
 
ONGCXI ( Date: 20-May-2013 12:21) Posted:
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sriramanv ( Date: 23-May-2013 16:01) Posted:
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By Robin Han |
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inShare0 |
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Shares of CapitaLand were going up in the second half of 2012. However, it started dropping in late February and further dropped to as low as $3.40. Then, it experienced a consolidation phase from late March to end of April.
After that, it regained momentum to go up. Now, it is in an uptrend again. Recently, it was consolidating below the resistance level of $3.85. We can see that the selling volume was low and drying out, indicating that the sellers are becoming weaker. Besides, the property sector on the Singapore Exchange has also started to go up recently.
The uptrend of CapitaLand is likely to resume. One may consider buy on weakness during a pull-back. CapitaLand released its first quarter financial report on 9 May. Earnings were stable. Therefore, the company does not have a big risk from the fundamental side and it is not likely to have short term fluctuation from the release of report in the next few months.
iluvboost ( Date: 19-May-2013 22:09) Posted:
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ONGCXI ( Date: 19-May-2013 17:56) Posted:
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Chart is still at uptrend and definitely worth buying. TP $4.00.
Any differing views around? :)
Ramping up sales to meet homebuyers’ demand. In 1Q13, CapitaLand sold 544 homes in Singapore, mainly from units at d’Leedon. This accounted for ~10% of market share in the primary market and almost 10x the number of homes it sold in 1Q12. In China, CapitaLand sold 955 units in 1Q13, up from 255 in 1Q12. New units were launched at The Loft in Chengdu and Dolce Vista in Guangzhou during the quarter. To date, > 400 units have already been sold at these two projects with a combined sales value of RMB4.3b.
Healthy pipeline of projects. CapitaLand is targeting to launch the 124-unit freehold project at Marine Point and the new 694-unit project adjacent to Sky Habitat in Bishan in 2H13. In addition, we expect management to capitalize on the recent interest to roll out the remaining units at d’Leedon and The Interlace. In China, CapitaLand has another ~3,500 units valued at around RMB5b which will be launch-ready this year. Notwithstanding the healthy pipeline, CapitaLand will continue to source for sites to replenish its land bank.
Prudent capital management. With a net gearing of 0.44x and SGD5.4b in cash, we believe CapitaLand remains well-capitalised to capture growth opportunities. In addition, the possible divestment of its 60% stake in Australand remains on the cards should an attractive offer come along, which will return more capital for redeployment. Maintain BUY. CapitaLand’s diversified business model has shone through this quarter and we are positive on the sharpened focus under the new streamlined organizational structure. Maintain BUY with a target price of SGD4.33, pegged to 20% discount to RNAV.
Source: Maybank Kim Eng Research - 29 Apr 2013