Post Reply
1-8 of 8
Maybank-KE downgrade to Hold and reduce TP to $2.10 from $2.15 on valuation grounds and lackluster DPU growth prospects, citing that most of the group?s eligible portfolio malls have already undergone asset enhancements. The house opines that near term acquisitions would be unlikely, despite a comfortable gearing ratio of 34.8% and management being open to acquisitions
Yesterday CapMallsAsia had a spectacular boost to $2.07 with high volume but today is trading with low volume at $2.06 support level.
However, CapitaMall volume today exceeds CapMallsAsia.
Is there starting to have a rotational interests among BBs between this two stocks to push prices of both counters higher in order to get more retail investors invested in the group?
phil1314 ( Date: 12-Sep-2013 16:17) Posted:
|
CapitaMall seem on the uptrend and CapMallsAsia in reverse?
Thanks for correcting my error
Got too blur after typing one figure on iPhone or getting too old ! Lol
Got too blur after typing one figure on iPhone or getting too old ! Lol
WanSiTong ( Date: 11-Sep-2013 20:48) Posted:
|
sorry i correct myself. sgd garment bond is very low risk not no risk.
i think capitamallsasia is more of a builder and operator with spread across many countries.
more sure profit of being able to off load build product to the other operator like capitamall etc.
capitamall is more of an operator, only recently got into develop and operate model. seems to be building a good triangle in the fast developing jurong east mrt area. if they can buy jem/big box will be even better.
sgd base no currency risk. 5+% return is 2% above no risk sg garment bond. that can translate.
so to each his own.
Your posting Teo Boh?
Now CapitaMall price is higher than CapMallsAsia . It should be the other way round!
I believe that the Corporate restructuring of CapitaLand' stable of Cos has not completed yet. Who know one day CapMallsAsia may become the big brother of CapitalMall !!?
phil1314 ( Date: 11-Sep-2013 20:23) Posted:
|
CapitaMall price has fallen behind CapMallsAsia since buying interests has shifted from former to latter since two months ago. This is evidenced by volumes transacted.
Before that CapitaMall has always been the price setter and traded with higher volumes.
Now CapitaMall price is higher than CapMallsAsia
Before that CapitaMall has always been the price setter and traded with higher volumes.
Now CapitaMall price is higher than CapMallsAsia