CapitaLand   

Capitaland

Price action continues to be unfavorable after the bond deals. Outlook also continues to b unfavorable for property stks. Plus analysts may anytime downgrade their views on them, odds are pointing to more dn than up. Trim or cut out. Let the players play themselves

Blanchard      ( Date: 25-Sep-2013 14:41) Posted: I also think so..... Sky Vue could be an attractive buy for prospective buyers...... since it's so near to the MRT & J8. This is good qfor Capitaland. pasttime      ( Date: 25-Sep-2013 14:21) Posted: sky vue mostly smaller size units looks like going to sell well. many hdb upgraders, dinks will be able to afford it. about 80% of apt sold between 1/6/2013 to 31/8/2013 are below $1.8m

 

keep dropping..... enjoy...

 

I also think so..... Sky Vue could be an attractive buy for prospective buyers...... since it's so near to the MRT & J8. This is good qfor Capitaland.

pasttime      ( Date: 25-Sep-2013 14:21) Posted: sky vue mostly smaller size units looks like going to sell well. many hdb upgraders, dinks will be able to afford it. about 80% of apt sold between 1/6/2013 to 31/8/2013 are below $1.8m

 

sky vue mostly smaller size units looks like going to sell well. many hdb upgraders, dinks will be able to afford it. about 80% of apt sold between 1/6/2013 to 31/8/2013 are below $1.8m

 

The 3.24 hit b4 the announcement of the deal. Likely to be done by the deal makers to set the final pricing. Isn't this call price manipulation? Sgx closed both eyes on this issue? CS & DBS likely players behind the push.

bishan22      ( Date: 20-Sep-2013 10:12) Posted: PUI!!! bishan22      ( Date: 19-Sep-2013 14:38) Posted: Will it affect the share price ???

 

Price action is unfavorable. The players are offloading ard 3.17-3.18. Plus storyline for all reits and property stocks are more down bias than up bias. Same old story on fed tapering which will happen sooner or later which will impact long term rates, couple w property curb which the analysts will keep on recycle as bear case story. No point to buy when there is no immediate catalyst for up bias.

 

 

    (Business Times dated 20 Sep 13..... about Sky Vue)

CapitaLand's Sky Vue condo to rake in " fairly slim profit margins"   but has great stock-driving potential. According to OCBC, " while we estimate, as a result of lower pricing, fairly slim profit margins for Sky Vue ? in the low teens ? we believe that a strong launch would be taken positively by the market, particularly now that the group has a total unsold exposure of over a thousand units in the Bishan locality in Sky Habitat (340 units unsold) and Sky Vue (694 units unsold)," and could lead to increased interest in the stock. CapitaLand holds a 75% equity stake in the 694-unit Sky Vue in Bishan, Singapore, with the remainder held by Mitsubishi Estate Asia Pte. Ltd. Sky Vue opened for previews last weekend and is priced at S$1.38k ? S$1.55k psf. This is about 5%-10% lower than the adjacent Sky Habitat project (also owned by CapitaLand) and we like that the group has taken a realistic approach by pricing this project to move.... (Target launch date: this Sat, 28 Sep 13)

MAXIMUM ACCEPTANCE AMOUNT IN RESPECT OF THE TENDER OFFER

http://media.corporate-ir.net/media_files/IROL/13/130462/CL_Morganite_BBMaximum_Acceptance_Amount_in_respect_of_the_Tender_Offer23Sep2013.PDF

 

 

Yes... CPL always my favourite short counter.... LOL

Kensonic77      ( Date: 19-Sep-2013 21:32) Posted: It's you again... LOL.. Isolator      ( Date: 19-Sep-2013 17:57) Posted: Short la....

 

PUI!!!

bishan22      ( Date: 19-Sep-2013 14:38) Posted: Will it affect the share price ???  WanSiTong      ( Date: 19-Sep-2013 14:20) Posted: The Company proposes to issue S$600,000,000 in principal amount of Convertible Bonds and may increase the size of the Issue by up to S$100,000,000 pursuant to an upsize option granted by the Company in favour of Credit Suisse, which shall be exercisable within 30 days from the date of this Announcement or up to (and including) the closing date of the Issue (whichever such date is earlier).

 

TERMS AND FINANCIAL EFFECTS OF NEW ISSUANCE OF CONVERTIBLE BONDS DUE 2023

Issue Size : S$750,000,000 in principal amount of Convertible Bonds

Interest : The Convertible Bonds will bear interest at the rate of 1.95 per cent. per annum, payable semi-annually in arrear

Yield to Maturity : 1.95 per cent. per annum, calculated on a semi-annual basis

Initial Conversion Price : S$4.212 for each new Share

Conversion Period : Convertible at the option of the holder, at any time from 27 November 2013 to 7 October 2023

http://infopub.sgx.com/FileOpen/CL-Morganite-Pricing.Announcement.20Sep2013.ashx?App=Announcement& FileID=256986

 

 

It's you again... LOL..

Isolator      ( Date: 19-Sep-2013 17:57) Posted: Short la....

 

Short la....

 

:( 

 

Think capitaland price will drop...

bishan22      ( Date: 19-Sep-2013 14:38) Posted: Will it affect the share price ???  WanSiTong      ( Date: 19-Sep-2013 14:20) Posted: The Company proposes to issue S$600,000,000 in principal amount of Convertible Bonds and may increase the size of the Issue by up to S$100,000,000 pursuant to an upsize option granted by the Company in favour of Credit Suisse, which shall be exercisable within 30 days from the date of this Announcement or up to (and including) the closing date of the Issue (whichever such date is earlier).

 

**$1953.25 with $1953.25m     

 

 

Shorts....

 

another annoucement trying to buy back convertible bond due 2016,2.1%, 424.75m, due 2016, 2.875, $971m, due 2018, 3.125%, $557.5m . total value about $1953.25 (real depends on tender price and acceptance.)

i think financial engineering excercise only. 

still got to watch bishan project, sky vue, can sell or not.

 

Will it affect the share price ??? 

WanSiTong      ( Date: 19-Sep-2013 14:20) Posted: The Company proposes to issue S$600,000,000 in principal amount of Convertible Bonds and may increase the size of the Issue by up to S$100,000,000 pursuant to an upsize option granted by the Company in favour of Credit Suisse, which shall be exercisable within 30 days from the date of this Announcement or up to (and including) the closing date of the Issue (whichever such date is earlier).

 

The Company proposes to issue S$600,000,000 in principal amount of Convertible Bonds and may

increase the size of the Issue by up to S$100,000,000 pursuant to an upsize option granted by the

Company in favour of Credit Suisse, which shall be exercisable within 30 days from the date of this

Announcement or up to (and including) the closing date of the Issue (whichever such date is earlier).

 

I thk is jus to disclose tat Blackrock had acquire substantial amount of CapitaLand share only....