CapitaLand   

capitaland rights issue

CapitaLand, is buying a Singapore property from Ascott Residence Trust for $359 million and plans to redevelop the site into a residential project and a serviced residence with a hotel license. The new project will have a 60 percent residential component and 40 percent is for serviced residences. 

CapitaLand plans to divest the serviced residence part of the project back to Ascott Residence Trust for $405 million in 2017.

 

Everything is factored in the price as at this moment.

That doesn't mean the price will not drop further (or rise higher) than now.

New situations and sentiment will still be factored in on an ongoing basis... 

trader88.sg      ( Date: 12-Mar-2009 10:21) Posted: Whatever it is, it has been priced in already.

 

agree with both 98 and ipunter :)

 

Whatever it is, it has been priced in already.

 

Rights aside, all will depend on the market's direction...
If the downtrend is still intact, prices may inch lower and lower (after the interim rallies)...
And may possibly drift towards or even below the rights price too...

On the other hand, there may be "Cheong Arrrhhh!!s" if the bull market returns...

 

Why will there be a collapse in price? Those who have vested in the rights issues must have paid at least $2.1 per share. These investors who have 'more' shares may not want to sell at a cheaper price, unless they want to clear stock.

 Just my opinion 

Hulumas      ( Date: 11-Mar-2009 20:14) Posted: Most likely, though I don't hope so.... VickyQ      ( Date: 11-Mar-2009 20:05) Posted: hi there i'm new here just like to ask will there be a collapse in share price come end of march due to the raising of funds through rights issue at price share of $1.30 per share? thanks vic

 

Most likely, though I don't hope so....

VickyQ      ( Date: 11-Mar-2009 20:05) Posted: hi there i'm new here just like to ask will there be a collapse in share price come end of march due to the raising of funds through rights issue at price share of $1.30 per share? thanks vic

 

hi there

i'm new here

just like to ask will there be a collapse in share price come end of march due to the raising of funds through rights issue at price share of $1.30 per share?

thanks

vic