CapitaLand   

CapitaLand: Too early to bottom fish

Last two days volume is rather low....seeking for direction it seems...

 

A summary for today.

Last	Trades	Volume	Bid Volume	Mid	Ask Volume
6.250	14	43,000	43,000	0	0
6.260	46	259,000	109,000	0	150,000
6.270	29	167,000	76,000	0	91,000
6.280	28	301,000	212,000	0	89,000
6.290	24	142,000	46,000	0	96,000
6.300	53	804,000	221,000	338,000	245,000
6.310	33	162,000	75,000	0	87,000
6.320	22	93,000	46,000	0	47,000
6.330	27	203,000	54,000	14,000	135,000
6.334	1	234,000	0	234,000	0
6.340	14	33,000	10,000	3,000	20,000
6.350	49	155,000	74,000	0	81,000
6.360	37	535,000	364,000	0	171,000
6.361	1	9,000	0	9,000	0
6.370	74	594,000	324,000	0	270,000
6.380	81	393,000	161,000	0	232,000
6.390	51	796,000	139,000	0	657,000
6.400	50	275,000	90,000	0	185,000
6.410	7	39,000	0	0	39,000
6.420	1	20,000	0	0	20,000
TOTAL	642	5,257,000	2,044,000	598,000	2,615,000

 

A summary for today.

Last	Trades	Volume	Bid Volume	Mid	Ask Volume
6.200	101	1,571,000	1,151,000	0	420,000
6.210	196	2,275,000	799,000	2,000	1,474,000
6.218	1	16,000	0	16,000	0
6.220	115	1,140,000	428,000	0	712,000
6.230	45	593,000	220,000	3,000	370,000
6.240	83	1,007,000	309,000	137,000	561,000
6.244	1	5,000	0	5,000	0
6.250	29	254,000	101,000	0	153,000
6.252	1	85,000	0	85,000	0
6.260	23	234,000	55,000	70,000	109,000
6.266	1	16,000	0	16,000	0
6.269	1	40,000	0	40,000	0
6.270	14	97,000	36,000	0	61,000
6.275	1	17,000	0	17,000	0
6.280	13	85,000	9,000	0	76,000
6.300	4	273,000	0	259,000	14,000
TOTAL	629	7,708,000	3,108,000	650,000	3,950,000

 

TA charts still look bearish. Acc/Dist and Chaikin downtrending.

 

TP 5.5 or lower...still waiting for spike down....

 

it hit 5.5 twice this yr already

wait la...

 

Look like can wait longer as property sector is not so roosy now...

 

Waiting for it to go down further...

 

Have to react to market movt ....

 

See property stocks, forbial leow. Nontheless, good wishes for those who still in ambush action to trap the burger. Cheers.

 

Singaporegal zhun man....but waiting for the spike down below $6.....

 

Great, listen to Sifu.....bao zhun....waiting patiently for spike down....

 

TA charts look uninspired. Acc/Dist and Chaikin are slowly creeping downwards.

 

 

still waiting patiently for spike down...today look like no chance liao...

 

BB is providing strong support at $6.49....no worry...

 

Capitaland has a good run up for the last two weeks......its good to be careful since market is so uncertain.....

Waiting for spike down....

 

for those still long on capland like me, time to be cautious liao...

1) px approaching supt @6.40, if break better run

2) dow now red red -174, so still like that at closing, better monitor capland closely tomorrow

3) CEO selling last fri - so better be careful... many shares flooding the mkt!

 

Record shows Mr Liew sales of 800,000 CapitaLand's shares at an average price of S$6.8738 per share at SGX announcement ....wow ....

 

Pay heed  when the big boss continue to sell, especially after several aggresive sells....



SINGAPORE (Dow Jones)--CapitaLand Ltd. (C31.SG) said Tuesday that its president and chief executive, Liew Mun Leong, sold around S$5.5 million of the developer''s shares.

Liew sold 500,000 shares at S$6.87 each and 300,000 shares at S$6.88 in the open market Friday, the company said in a filing with the Singapore Exchange.

Following the sale, the executive owns 824,026 shares of CapitaLand.

Shares of the company closed Tuesday at S$6.66 each, down 2.1%.

 

Mr Liew cashing in....

viruz7667      ( Date: 03-May-2008 15:11) Posted: Published May 3, 2008 CapitaLand CEO sits on paper gain of $2.86m from options By KALPANA RASHIWALA Email this article Print article Feedback CAPITALAND Group president and CEO Liew Mun Leong is sitting on a handsome paper gain of $2.86 million (based on yesterday's closing price for the counter) after exercising options for a total of 600,000 CapitaLand shares at an average $2.33 per share on April 30. Mr Liew received $6.49m in pay last year, mostly in bonuses - more than the $5.14m he earned in 2006. The counter closed 30 cents higher yesterday at $7.09. A filing by CapitaLand to Singapore Exchange yesterday evening gave a breakdown of the exercise prices of the share options. Mr Liew exercised options for 200,000 shares each at $1.02, $2.25 and $3.73 each. Following the exercise, his direct stake in the property giant increased from about 1.832 million shares to 2.432 million shares, or a 0.086 per cent stake. His deemed interest in CapitaLand remains unchanged at 158,000 shares. Mr Liew received $6.49 million in pay from the property developer last year, mostly in bonuses - more than the $5.14 million he earned in 2006. On top of the $6.49 million pay packet last year, Mr Liew was granted contingent share awards of some 462,800 CapitaLand shares last year, based on information in CapitaLand's latest annual report. The actual number of shares that Mr Liew receives from the share awards last year will depend on his achieving 'pre-determined targets' over a period of one to three years, according to CapitaLand. If 'superior targets' are met, Mr Liew could receive a maximum of 845,000 CapitaLand shares - nearly twice the 'baseline' number of shares awarded. But if he fails to meet the targets, no shares will be issued under the awards. CapitaLand this week posted a 59.3 per cent year-on-year drop in Q1 net profit to $247.5 million, from $608.1 million in Q1 2007 when the bottom line had been boosted by a $426.8 million fair-value gain from the sale of 8 Shenton Way.