CapitaMalls Asia   

Big Boys Fighting

CMA still stuck at 1.35m while CPL already > 2.70.

How is blocking it?

 

Hi wangwa, if they dont issue new shares how else can  they have a IPO in  HK? They never had any stk buyback policy, therefore the mgmt  has no  spare shares in stock, unless they start to soak up from the existing super large  public float, which they shd rightly do to prevent dilution. 

I sold my CMA shares at a massive loss, now learn my lesson, ie never to be deceived by any stks' glossy front. It's all deception, over promise under deliver.

And dont believe all the analysts. Price had been falling since late last yr yet  some analysts  still insist on calling BUY, HOLD!!!! 

I'm not trying to talk down this stk so that i can buy again cheaply. CMA is still in down channel anyway, and losing momentum. I'm not interested in this stk ever, unless the mgmt act responsibly towards the investors.  Be responsible for yr own money.

 

did they say they will issue new shares  for the listing? 

 

I've sold off all my CMA, finally, and not dabbling in it again.

If CMA is going ahead with the dual listing in HK, then more shares will be issued ==> dilution.

CMA has been  a poorly managed stk,...Firstly no consistent  dividend policy.  2ndly,  mgmt shd hv taken the opportunity to buy up the massive block lots  that the Capital group dumped: that wud hv prevented panic selling since July.  Also it could  issue these shares for the dual listing, thus no need to raise new shares.

What rubbed salt to our wounds is that the  CEO and CFO bought the shares on their personal account at rock bottom prices. Think they are heros? no, self serving opportunists!

Besides, CMA has  the practice of building, and then selling their malls to their 3 REITs, which cause dilution of their assets. When NAV fall, price fall.

Why invest in  CMA when  the mgmt  dont care for investors? There r many other worthy stks.

 

 

 

OCBC : We reiterate our BUY rating on CMA with a revised fair value estimate of S$1.67 based on a scenario-weighted SOTP methodology, versus S$2.09 previously

 

closed 1.355,   slow & steady....bit by bit..now up to world market trend, hopefully get better, then aim 1.4 this week

 

what is block trade huh ?   )

today golden agri also got a super big time marriage prior to opening hor ?   )

 

 

 

both counter oso good lah...CMA still holding 1.3, good baseline for next week charge..

jamesng      ( Date: 27-Aug-2011 15:18) Posted: capitaland better lah

 

capitaland better lah

 

 

This counter's in a mad frenzy today,  my shot's abit off 1.275 and  wee bit early. Had a frightening 20mins till  the scary show ended. 

 

Singapore Hot Stocks-CapitaMalls surges after block trade (2011/08/25 15:02PM)  --------------------------------------------------------------------------------  SINGAPORE, Aug 25 (Reuters) - Shares of CapitaMalls Asia  , which owns shopping malls, surged 7 percent on  Thursday, as an overhang on the stock was lifted after a block  trade was executed.  At 0645 GMT, shares of CapitaMalls Asia 6.7percent at  S$1.26 with over 55.1 million shares changing hands. This was  5.5 times its average daily volume in the last five days.  In the block trade, 42 million shares were transacted at  S$1.20 each, two traders said.  " Previously themarket was anticipating that this bloc trade  was going to happen, which created some overhang on CapitaMalls''  shares. So now that the deal is done, investors who wanted to  buy its shares are buying now," said an analyst who declined to  be named.  (Reporting by Charmian Kok Editing by Saeed Azhar)  ((charmian.kok@thomsonreuters.com)(+65 6403 5666)(Reuters  Messaging:  charmian.kok.reuters.com@reuters.net))  Keywords: SINGAPORE MARKET STOCKS/CAPITAMALLSASIA

 

now 1.28 run too fast oredi...sense danger oredi

 

son play play before parent play

 

Kepland next ?   Asia exposure .....

seanpent      ( Date: 23-Aug-2011 13:15) Posted: exit west, enter asia strategy ?

 

Technical rebounce.

viromics      ( Date: 25-Aug-2011 14:40) Posted: Anyone knows why it is flying up...? thanks, dual listing?

 

bull unleashed

seanpent      ( Date: 23-Aug-2011 10:36) Posted: strong bull appearing & charging

 

1. Major shareholder Caiptal Group should stop selling this week

2. Ex-dividend 31-Aug

3. NAV $1.5, now oso consider cheap 

 

Wow this one really surprised everyone.. +8cts.

What's the resistance?

 

Anyone knows why it is flying up...? thanks, dual listing?

 

heehee .....

hopefully cosco can oso go thru a big marriage .....